NEW JCM(SZ:300157)2016-04-25 16:00Financial Performance - The company's operating revenue for 2015 was CNY 839,805,308.17, representing a 16.12% increase compared to CNY 723,251,613.28 in 2014[26]. - The net profit attributable to shareholders for 2015 was CNY 75,051,661.18, a decrease of 7.73% from CNY 81,341,642.87 in 2014[26]. - The net cash flow from operating activities was negative CNY 61,360,403.04, a decline of 153.49% compared to CNY 114,711,162.75 in 2014[26]. - The total assets at the end of 2015 amounted to CNY 3,875,844,823.43, reflecting a 27.75% increase from CNY 3,033,931,792.12 at the end of 2014[26]. - The basic earnings per share for 2015 was CNY 0.13, down 7.14% from CNY 0.14 in 2014[26]. - The weighted average return on equity for 2015 was 3.31%, a decrease from 3.71% in 2014[26]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for 2015 was CNY 69,341,891.06, down 11.86% from CNY 78,676,472.46 in 2014[26]. - The company's total equity attributable to shareholders at the end of 2015 was CNY 2,304,610,862.13, a 3.89% increase from CNY 2,218,326,477.43 at the end of 2014[26]. - The company reported a total revenue of 1.5 billion RMB for the year 2015, representing a year-over-year increase of 12%[70]. - The gross margin for the year was reported at 40%, a slight increase from 38% in the previous year[71]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the year, representing a growth of 20% compared to the previous year[79]. Strategic Focus and Business Development - The company has established a strategic focus on three main business areas: software technology for oil and gas exploration, high-end equipment manufacturing, and engineering technical services[35]. - The company aims to enhance its market presence through the "ABC Plan," which involves nurturing independent listings for various business segments to create a multi-platform financing structure[42]. - The company is focusing on developing cloud technology services for oil and gas exploration, leveraging big data and cloud computing to innovate in the industry[42]. - The company has implemented a "three-pronged action" strategy, which includes clean energy, environmental engineering, and non-G&G business expansions[42]. - The company is actively pursuing a strategy of merging and acquiring to enhance its service offerings and operational capabilities in the oilfield services sector[41]. - The company has developed a comprehensive service model that integrates exploration and development solutions with internet and cloud technology[39]. - The company has established a comprehensive energy service industry chain, expanding from software to hardware and from upstream to downstream[68]. - The company aims to become an internationally influential oil and gas exploration and development technology service enterprise, focusing on building an international oil service company[175]. - The strategic framework includes a "3 3 3 4" system engineering approach, enhancing capabilities in technology R&D, global sales, and service operations[175]. Research and Development - The company emphasizes the importance of retaining high-quality technical talent to maintain its competitive edge in the energy exploration and development sector[8]. - The company has a well-structured R&D team, including a postdoctoral research station and partnerships with renowned experts, enhancing its technological capabilities[67]. - The company has applied for 115 patents, indicating a commitment to innovation and technology development[68]. - The company reported a significant increase in R&D activities, with multiple software products released between 2009 and 2013, enhancing its technological capabilities in seismic data processing[72][73]. - The company has developed over 20 software products covering major exploration and development processes, indicating a strong R&D capability[62]. - The company is investing in new technologies, with a budget allocation of $10 million for R&D in advanced reservoir modeling and simulation software[75]. - The company has committed to investing 150 million RMB in research and development for new technologies aimed at improving operational efficiency[79]. - The company reported a significant increase in R&D activities, with a focus on new product development, including 53 new patents filed in 2015[91]. Market Expansion and User Engagement - The company is focusing on expanding its market presence in Southeast Asia, targeting a 20% market share by 2020[70]. - The company is actively pursuing market expansion through the development of innovative software solutions tailored to the needs of the oil and gas industry[76]. - User data indicated an increase in active users of the company's software solutions by 25% compared to the previous year, reaching 10,000 active users[71]. - The company achieved a notable increase in user engagement, with a 20% rise in the adoption of its software solutions among existing clients[92]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25% driven by new product launches and market expansion strategies[81]. Financial Management and Investment - The company has established a bad debt provision to mitigate risks associated with accounts receivable, particularly in international projects[12]. - The company reported a substantial year-end accounts receivable balance, which poses a risk to operational performance and cash flow if not collected timely[12]. - The company has implemented measures to manage goodwill effectively, recognizing the importance of goodwill value management in the context of ongoing acquisitions[11]. - The company has established strategic alliances for oil and gas field enhancement projects, including contracts worth $31.90 million for geothermal drilling services in South Korea[111]. - The company reported a significant increase in dividends payable, which rose to CNY 40,238,511.02, up from CNY 28,788,446.21, reflecting a 1.04% increase[129]. - The company has committed to various investment projects, including the development of a software platform for oil and gas exploration, with a total investment of CNY 7,323.36 million[141]. Compliance and Governance - The company emphasizes compliance with legal regulations and its own articles of association in all related transactions[195]. - The company has a structured decision-making process for profit distribution, requiring majority approval from the board and supervisory committee[186]. - The company ensures that minority shareholders have opportunities to express their opinions during the profit distribution decision-making process[188]. - The company has committed to avoiding any form of competition with its subsidiaries and ensuring the protection of shareholder rights[194]. - The company has made commitments to avoid any competition with its subsidiary, ensuring the protection of shareholder rights and long-term stability[197].