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思美传媒(002712) - 2013 Q4 - 年度财报
Simei MediaSimei Media(SZ:002712)2014-04-17 16:00

Financial Performance - The company's operating revenue for 2013 was approximately ¥1.64 billion, representing a year-on-year increase of 13.47% compared to ¥1.44 billion in 2012[23]. - The net profit attributable to shareholders for 2013 was approximately ¥84.09 million, a decrease of 11.04% from ¥94.52 million in 2012[23]. - The basic earnings per share for 2013 was ¥1.15, down 11.54% from ¥1.30 in 2012[23]. - The company reported a net profit of 56,254,737.12 CNY in 2013, with a total distributable profit of 214,323,814.68 CNY after accounting for statutory reserves[75]. - The company reported a net profit for the current period of CNY 84,088,300, representing a decrease of 24.28% from the previous year[180]. Cash Flow and Assets - The net cash flow from operating activities decreased by 54.18% to approximately ¥31.72 million in 2013, down from ¥69.23 million in 2012[23]. - The total assets at the end of 2013 were approximately ¥797.29 million, an increase of 38.79% from ¥574.45 million at the end of 2012[23]. - Cash and cash equivalents at year-end were $366,266,113.60, accounting for 45.94% of total assets, down from 53.4%[54]. - Accounts receivable increased to $246,489,777.06, representing 30.92% of total assets, up from 20.67% in 2012[54]. - The total current assets reached RMB 778,006,888.20, up from RMB 553,868,893.90, indicating a growth of about 40.49%[153]. Revenue Breakdown - Television advertising revenue was CNY 1,437.77 million, up 12.3% year-on-year, despite a competitive market[31]. - Outdoor advertising revenue increased by 22.94% to CNY 72.94 million, driven by enhanced sales efforts[31]. - The advertising agency business accounted for 87% of the company's operating revenue in 2013, with the Zhejiang region contributing over 45% of this revenue[83]. - Advertising revenue reached $1,638,485,095.92, reflecting a year-on-year increase of 14.16%[52]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of ¥3.00 per 10 shares to all shareholders based on the total share capital as of January 23, 2014[5]. - The cash dividend distribution for 2013 represents 30.44% of the net profit attributable to shareholders, which was 84,088,324.28 CNY[73]. - The company committed to distributing cash dividends to shareholders not less than 15% of the distributable profits for the years 2013 to 2015[92]. Governance and Compliance - The company has established a governance structure consisting of the shareholders' meeting, board of directors, and supervisory board, ensuring clear division of responsibilities[122]. - The company maintains complete independence from its controlling shareholders in terms of business operations, assets, and financial management, ensuring no conflicts of interest[133][134]. - The audit opinion issued was a standard unqualified opinion, confirming that the financial statements fairly represent the company's financial position[149]. Market Strategy and Future Plans - The company is focusing on expanding its internet advertising business, having established a preliminary business structure[31]. - The company aims to diversify its brand management services, extending from product design to brand strategy formulation and marketing consulting[63]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[164]. Employee and Management Structure - The total number of employees as of December 31, 2013, was 390, with 43.33% in sales and customer service roles[119]. - The total remuneration for directors, supervisors, and senior management during the reporting period was CNY 757.05 million[115]. - The company has implemented a performance evaluation system for senior management, linking their compensation to the achievement of annual operational goals[136]. Financial Health and Internal Control - The company maintained effective internal control with no significant deficiencies reported during the evaluation period[142]. - The company has established a comprehensive internal control system in compliance with relevant regulations, enhancing governance and operational standards[140]. - The company did not experience any major errors in annual report disclosures during the reporting period, ensuring the accuracy and completeness of information[143].