YGSOFT(SZ:002063)2016-04-25 16:00Financial Performance - The company's operating revenue for 2015 was approximately ¥914.79 million, representing an increase of 11.98% compared to ¥816.95 million in 2014[16]. - The net profit attributable to shareholders decreased by 36.39% to ¥121.23 million from ¥190.57 million in 2014[16]. - The net profit after deducting non-recurring gains and losses was ¥94.04 million, down 45.36% from ¥172.09 million in the previous year[16]. - The net cash flow from operating activities significantly dropped by 75.79% to ¥31.92 million, compared to ¥131.85 million in 2014[16]. - Basic earnings per share decreased by 36.02% to ¥0.2027 from ¥0.3168 in 2014[16]. - The company reported a significant decline in quarterly net profit, with the fourth quarter showing a loss of ¥1.32 million[20]. - The company reported a net profit of 9.527 million for the acquisition of Changsha Yuanguang Ruixiang Technology Co., Ltd., contributing to a total net profit of 6.6692 million attributable to shareholders[75]. - The net profit for the year was -1,697.1 million RMB, indicating a significant loss compared to the previous period[67]. Assets and Liabilities - Total assets at the end of 2015 were approximately ¥2.04 billion, an increase of 6.26% from ¥1.92 billion at the end of 2014[16]. - The net assets attributable to shareholders rose by 5.44% to ¥1.68 billion from ¥1.60 billion in 2014[16]. - Cash and cash equivalents decreased by 302.84%, with a net reduction of approximately ¥133.46 million, reflecting increased operational costs and investment payments[39]. - The total liabilities increased significantly, with accounts payable rising to 84,927,957.46 CNY, which is 4.17% of total assets, up from 1.81% in the previous year, an increase of 2.36%[59]. - The company reported a decrease in long-term payables to 0.00 CNY from 93,649,154.11 CNY in 2014, reflecting a reclassification of obligations[59]. Revenue Segments - The company's energy intelligence business saw revenue growth exceeding 100%, driven by comprehensive information solutions for coal production and coal-fired power generation enterprises[26]. - The energy intelligence segment saw a remarkable growth of 189.40%, contributing approximately ¥149.10 million to total revenue[41]. - The company's financial management series revenue declined by 3.47% to approximately ¥300.53 million, indicating challenges in this segment[41]. - The gross margin for the energy intelligence segment fell to 17.27%, despite significant revenue growth, due to high costs associated with product development[43]. Investments and Acquisitions - The company made a significant equity investment of 6,000,000 yuan in Nanjing Guang'an Technology, acquiring a 66.67% stake[63]. - The company completed the acquisition of 70% of Changsha Weixiang Technology for 56,000,000 yuan, with an expected revenue of 9,527,406.21 yuan for the current period[65]. - The company reported a total investment of 3,500,000 yuan in Beijing Zhihui Technology, holding a 36% stake, with a current period loss of 1,289,846.37 yuan[65]. - The company is actively exploring investment opportunities in energy services and has invested in Zhuhai Gaoyuan Electric Power Technology Co., Ltd. to strengthen its market position[94]. Research and Development - Research and development investment amounted to ¥228,370,364.37, an increase of 11.03% year-on-year, representing 24.96% of operating revenue[53]. - R&D expenses reached ¥228.37 million, reflecting an 11.03% year-on-year increase, with ongoing efforts to enhance product user experience and develop new technologies[97]. - The company is focusing on enhancing its data processing capabilities to meet growing market demands[66]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of ¥0.5 per 10 shares (including tax) to all shareholders[5]. - The net profit attributable to shareholders for 2015 was 121,227,460.02 yuan, with a profit distribution ratio of 24.36%[115]. - The total distributable profit for 2015, including retained earnings from previous years, amounted to 818,772,302.00 yuan[117]. - The company has maintained a consistent cash dividend policy over the past three years, with clear and transparent distribution standards[111]. Management and Governance - The company experienced a change in leadership with the resignation of President Huang Jianyuan on January 29, 2015, due to job rotation[182]. - The company is actively adjusting its management structure to enhance operational efficiency and respond to market changes[182]. - The board of directors includes independent members with diverse backgrounds, ensuring robust governance and strategic oversight[186]. Market Strategy and Future Outlook - The company aims to expand its existing advantages in the power industry and deepen its involvement in information technology projects for major power grid enterprises in 2016[78]. - The company anticipates significant market opportunities arising from the ongoing electricity system reforms, which will increase demand for its software services[76]. - The company is focusing on enhancing operational efficiency through technology upgrades and process improvements, which are anticipated to reduce costs by approximately 10%[189]. - Future outlook indicates a commitment to innovation, with ongoing research and development of new products and technologies aimed at expanding market share[186].