GOHIGH(SZ:000851)2017-06-30 16:00Financial Performance - The company's operating revenue for 2016 was ¥8,673,633,470.18, representing a 16.82% increase compared to ¥7,424,912,315.65 in 2015[15]. - The net profit attributable to shareholders of the listed company for 2016 was ¥80,096,891.75, a decrease of 6.20% from ¥85,388,001.61 in 2015[15]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for 2016 was ¥49,381,173.26, a decrease of 24.32% compared to ¥65,248,664.31 in 2015[16]. - The basic earnings per share for 2016 was ¥0.1347, a decline of 6.72% from ¥0.1444 in 2015[16]. - The total profit for 2016 was ¥169,784,455.96, which increased by 5.13% compared to the previous year[36]. - The company reported a total revenue of ¥2,770,539,935.03 in Q4 2016, with a net profit of ¥39,229,458.19 attributable to shareholders[20]. - The company's total revenue for 2016 was approximately CNY 8.67 billion, representing a year-on-year increase of 19.48%[45]. - The IT sales business contributed ¥5,882,185,069.10, representing 67.82% of total revenue, with a significant growth of 19.48%[41]. - The company reported a total revenue of 8,402.5 million CNY for the year 2016, which represents an increase compared to the previous year's revenue of 7,300 million CNY[144]. - The company reported a total revenue of 10,000 million for the year 2016, maintaining a consistent performance compared to previous years[174]. Cash Flow and Dividends - The company plans to distribute a cash dividend of ¥0.20 per 10 shares (including tax) based on a total of 632,105,028 shares[4]. - The cash dividend for 2016 represents 100% of the total distributable profit of 113,671,623.29 yuan[124]. - The cash dividends paid in 2016 accounted for 15.78% of the net profit attributable to shareholders[124]. - The cash dividend for 2015 was 0.2 yuan per 10 shares, amounting to 11,827,285.20 yuan, with a net profit attributable to shareholders of 85,388,001.61 yuan, resulting in a payout ratio of 13.85%[124]. - The company has maintained a consistent cash dividend policy over the past three years, with the 2016 dividend being the highest in absolute terms[124]. Assets and Liabilities - Total assets increased by 19.57% to ¥7,757,642,044.60 at the end of 2016, compared to ¥6,487,796,149.73 at the end of 2015[16]. - The net assets attributable to shareholders rose by 17.40% to ¥3,074,045,555.50 at the end of 2016, up from ¥2,618,371,545.25 at the end of 2015[16]. - The total liabilities decreased by 10% compared to the previous year, indicating improved financial health and stability[177]. Research and Development - Research and development investment reached 124.28 million yuan, representing a 5.86% increase compared to 2015, with R&D personnel decreasing by 4.89% to 486[55]. - The company completed 17 R&D projects during the reporting period, including a series of enterprise information terminal products[54]. - The company has applied for 19 invention patents in the trusted computing field and is actively involved in standard-setting for LTE-V technology[32]. Market Position and Strategy - The company maintained its leading position in the IT sales sector, with continuous growth in sales revenue and profit in 2016[29]. - The company is focusing on expanding its information services and cloud computing solutions, targeting markets such as telecommunications, finance, and healthcare[37]. - The company is actively developing LTE-V vehicle networking projects and collaborating with domestic car manufacturers and local governments[27]. - The company aims to achieve an overall revenue scale of 10 billion by the end of the "13th Five-Year Plan" period[111]. - The company is focusing on upgrading its enterprise information series products and enhancing profitability and scale expansion[83]. Social Responsibility and Community Engagement - The company has implemented a poverty alleviation plan in Shenqiu County, helping 12 registered impoverished individuals to escape poverty through various initiatives[190]. - The company has established a call center outsourcing base in Shenqiu County, creating over 1,000 jobs and generating a total salary of CNY 7.169 million in 2016[188]. - The company has actively engaged in social responsibility efforts, particularly in targeted poverty alleviation[189]. Compliance and Governance - The company has ensured that minority shareholders have had sufficient opportunities to express their opinions and that their legal rights are protected[121]. - The company has committed to avoiding any actions that would harm the interests of shareholders, including ensuring compliance with relevant laws and regulations regarding related party transactions[125]. - The company has not faced any administrative penalties related to tax, business, customs, environmental protection, product quality, or social security since its establishment[129]. - The company has established measures to ensure that its executive compensation aligns with the performance of the company and its return measures[128]. Future Outlook - The company plans to expand its market presence through strategic partnerships and potential acquisitions in the telecommunications sector[161]. - The company anticipates a revenue growth of 10% for the upcoming fiscal year, projecting a target of 22,000 million[178]. - The company plans to enhance its digital infrastructure, with an investment of 4,000 million earmarked for technology upgrades[178]. - The company is exploring international markets to diversify its revenue sources and reduce dependency on domestic sales[174].