Ultrapower(SZ:300002)2016-04-25 16:00Financial Performance - The company's operating revenue for 2014 was CNY 2,605,296,562.50, representing a 6.46% increase compared to CNY 1,921,855,566.87 in 2013 [22]. - The net profit attributable to shareholders for 2014 was CNY 607,486,640.40, a decrease of 57.96% from CNY 504,629,185.09 in 2013 [22]. - The net cash flow from operating activities in 2014 was CNY 64,239,462.80, down 82.70% from CNY 371,219,542.29 in 2013 [22]. - The total assets at the end of 2014 were CNY 5,583,327,554.35, a 5.79% increase from CNY 4,188,533,323.40 at the end of 2013 [22]. - The company reported a basic earnings per share of CNY 0.3286 for 2014, which is a 46.01% increase from CNY 0.2818 in 2013 [22]. - The company reported a net profit attributable to shareholders of CNY 172,228,431.18 in Q4 2015, with a total operating revenue of CNY 958,681,943.41 for the same quarter [24]. - The company achieved total operating revenue of 277,348.73 million CNY, a year-on-year increase of 6.46% [39]. - The net profit attributable to shareholders was 35,134.12 million CNY, a decrease of 44.51% compared to the previous year [39]. - The company reported a significant decline in operating profit by 54.52% to 29,245.41 million CNY [39]. - The total revenue for 2015 reached ¥1,754,785,287.90, representing a year-on-year increase of 28.37% compared to ¥1,366,947,713.38 in 2014 [75]. - The company reported a net profit of approximately ¥351.34 million for the year 2015, with the parent company achieving a net profit of ¥205.67 million [137]. Dividends and Profit Distribution - The company plans to distribute a cash dividend of 0.5 CNY per 10 shares (including tax) to all shareholders, with no bonus shares issued [7]. - A cash dividend of ¥0.5 per 10 shares (including tax) is proposed, amounting to approximately ¥99.80 million in total cash dividends [137]. - In 2015, the cash dividend amount was 99,799,393.40, representing 28.41% of the net profit attributable to ordinary shareholders, which was 351,341,166.79 [141]. - The cash dividend for 2014 was 159,340,979.28, accounting for 25.17% of the net profit attributable to ordinary shareholders of 633,118,638.76 [141]. - The cash dividend for 2013 was 153,804,096.00, which was 29.61% of the net profit attributable to ordinary shareholders of 519,412,992.34 [141]. - The company has implemented a profit distribution plan that includes a capital reserve increase of 5 shares for every 10 shares held [132]. Business Segments and Market Position - The company has established four core business segments, including ICT operation management software development and services, mobile gaming, IoT technology applications, and innovation incubation [32]. - The ICT operation management segment is recognized as a domestic leader, with the company winning the "2015-2016 China IT Operation Management Market Share First" award [34]. - The mobile gaming segment has successfully developed and published several games, creating a comprehensive ecosystem from content development to investment incubation [35]. - The company plans to enhance its market position in ICT operations management and expand into new areas such as vocational education and big data [40]. - The company aims to strengthen its market position in ICT operations and mobile gaming, with plans for significant growth in 2016 compared to the previous year [119]. - The company is committed to expanding its business in emerging sectors such as vocational education, big data, and internet finance [119]. Research and Development - In 2015, the company invested approximately 217.19 million yuan in R&D, accounting for 7.83% of its revenue [62]. - The company reported a total of 1,787 R&D personnel, which is 44.61% of the total workforce, down from 51.89% in 2014 [82]. - The company's R&D investment amounted to ¥217,190,807.07, accounting for 7.83% of total revenue, down from 10.00% in 2014 [82]. - The company has applied for over 110 patents in IoT technology, with 35 patents granted, and has been included in Beijing's list of top 20 disruptive technologies [36]. - The company has obtained 143 software copyrights and 68 patent authorizations during the reporting period, reflecting its commitment to innovation [62]. Acquisitions and Investments - The company completed the acquisition of Tianjin Anasi Technology Co., enriching its game product line [59]. - The company acquired 100% of Beijing Shenzhou Xiangsheng Software Co., Ltd. for CNY 180,000,000.00, focusing on educational product development and sales [95]. - The company completed the acquisition of Dalian Huaxin Computer Technology Co., Ltd. for 7,230.38 million CNY, fully utilizing the allocated funds [100]. - The company has established a long-term strategic partnership with China Mobile, becoming a core supplier for its integrated communication projects [56]. - The company is focusing on strategic acquisitions and investments to enhance its competitive edge in the software and telecommunications markets [101]. Market Trends and Challenges - The mobile game market revenue reached 49.27 billion in 2015, showing a year-on-year growth of 97.8% [117]. - The user base for mobile gaming reached 267 million, accounting for 45% of all mobile internet users in China [118]. - The mobile game market is experiencing a trend towards oligopoly, with major companies consolidating resources and enhancing user engagement [117]. - The company faced risks related to its reliance on the telecommunications industry for its operational management business, which could impact profitability if the industry experiences adverse changes [124]. - The performance of Tianjin Kemu Software was significantly impacted by intense competition in the mobile gaming industry [148]. Employee and Stock Incentives - The company successfully launched its first employee stock ownership plan, with nearly 2,000 employees participating, representing 3.66% of the total share capital [64]. - The first phase of the employee stock ownership plan was completed with a total purchase of 73.01 million shares, accounting for 3.66% of the company's total share capital, at an average purchase price of 11.08 CNY per share [178]. - The company emphasizes the need for high-end talent to support its growth, focusing on attracting and retaining skilled personnel through competitive compensation and a supportive work environment [127]. - The total number of stock options granted was adjusted to 20,199,072 shares, with the exercise price changed to 5.47 yuan/share [167]. - The company’s registered capital changed from 1,986,470,666 yuan to 1,993,382,320 yuan due to the equity incentive plan adjustments [171]. Related Party Transactions - The company engaged in significant related party transactions, including labor services and software outsourcing, amounting to 844.27 million yuan and 649.64 million yuan respectively, representing 0.48% and 0.37% of similar transactions [181]. - The company sold intangible assets to a related party for 1,979.52 million yuan, with a book value of 1,928.94 million yuan, resulting in a gain of 50.58 million yuan [183]. - The company has non-operating related party receivables amounting to 273.4 million yuan, with an interest rate of 8.00% [185]. - The company’s related party transactions accounted for a small percentage of total transactions, with the highest being 0.48% [181]. Compliance and Governance - The company did not experience any non-operating fund occupation by controlling shareholders during the reporting period [149]. - There were no bankruptcy reorganization matters reported during the period [159]. - The company did not issue any non-standard audit reports for the reporting period [150]. - The company has confirmed that all commitments made to minority shareholders have been fulfilled on time [146].