Beijing YJK Building Software (SZ:300935)2025-04-11 10:40Financial Performance - The company's operating revenue for 2024 was ¥133,820,861.86, a decrease of 17.65% compared to ¥162,504,673.32 in 2023[5]. - The net profit attributable to shareholders for 2024 was -¥50,780,322.16, representing a decline of 26.35% from -¥40,189,311.50 in 2023[5]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥62,495,079.95, down 16.54% from -¥53,626,572.16 in 2023[5]. - The net cash flow from operating activities for 2024 was -¥32,422,098.64, a decrease of 12.00% compared to -¥28,948,632.52 in 2023[5]. - The total assets at the end of 2024 were ¥900,687,185.16, a reduction of 3.63% from ¥934,569,968.04 at the end of 2023[5]. - The net assets attributable to shareholders at the end of 2024 were ¥838,707,693.46, down 5.57% from ¥888,184,185.07 at the end of 2023[5]. - The company reported a basic and diluted earnings per share of -¥0.64 for 2024, a decrease of 25.49% from -¥0.51 in 2023[5]. - The company's weighted average return on equity for 2024 was -5.88%, compared to -4.43% in 2023, indicating a worsening performance[5]. Industry Outlook - The company operates in the software and information technology services industry, which is strongly supported by national policies, indicating a broad future outlook[4]. - The software and information technology services industry in China saw a 10% increase in software business revenue in 2024, with industrial software products achieving a revenue of ¥294 billion, up 7.4%[25]. - The company is positioned to benefit from the growing demand for digital construction solutions, driven by trends in smart building and industrialization[32]. Research and Development - R&D investment during the reporting period was 79.57 million yuan, with 80 new software copyrights added[62]. - The company has established a comprehensive R&D system focusing on key technologies, particularly in BIM and digital solutions[59]. - The company has made significant advancements in BIM and digital technology, completing a full-stack technology layout for cross-platform development[70]. - The intelligent modeling technology for BIM has been developed to automate the conversion of 2D drawings to 3D models, improving data integrity and operational efficiency[94]. - The company is currently developing BIM design software for industrial plants, focusing on intelligent parameterized modeling and automated construction drawings[96]. Product Development - The company has developed a comprehensive BIM and digital software platform that supports cross-disciplinary collaboration and enhances digital design capabilities, significantly improving project efficiency[36]. - The core product, YJK architectural structure design software, incorporates BIM technology and offers a full lifecycle solution covering modeling, data conversion, finite element analysis, and component optimization[46]. - The company has launched a full-professional BIM design solution that includes six major modules, facilitating real-time data synchronization and collaboration across different engineering disciplines[49]. - The bridge lifecycle digital solution matrix includes core products such as BIM design systems and intelligent detection software, forming a complete capability loop from design modeling to operational monitoring[50]. Financial Management - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves[5]. - The company reported a total distributable profit of ¥8,668,188.93, with no cash dividends proposed for the fiscal year[176]. - The cash dividend amount, including other methods, is reported as ¥0.00, representing 0.00% of the total profit distribution[177]. - The company has implemented a new equity incentive plan to enhance employee motivation and cohesion[74]. Governance and Compliance - The company maintains a high level of information disclosure and transparency, utilizing multiple channels to communicate with investors and protect their rights[143]. - The company adheres to corporate governance standards as per relevant laws and regulations, ensuring independent operation of its board and committees[140]. - The company has established a governance structure with a shareholders' meeting, board of directors, and supervisory board, ensuring independent exercise of powers[146]. - The company has implemented strict human resource management systems and competitive compensation structures to maintain personnel independence[144]. Market Strategy - The company has established a comprehensive marketing system with a direct sales network covering the entire country, supported by a team of marketing and technical personnel[57]. - The company plans to enhance its market expansion efforts by optimizing its marketing service system and increasing marketing efficiency, focusing on both existing and new customer acquisition[126]. - The company emphasizes the integration of technology and business in its R&D process, forming proprietary core technologies that enhance its competitive edge[56]. Risk Management - The company faces risks related to macroeconomic fluctuations and industry volatility, which could impact customer demand for its products[131]. - The company recognizes the risk of technological innovation, emphasizing the need to maintain its R&D advantages and meet market demands to sustain its competitive position[132]. - The company is aware of intellectual property risks due to its significant R&D investments and has established measures to protect its intellectual property rights[133]. Employee Management - The total number of employees at the end of the reporting period is 335, with 156 in sales, 152 in R&D, 9 in finance, and 18 in administration[172]. - The total employee compensation for the reporting period is CNY 145.64 million, with CNY 144.01 million included in total operating costs, accounting for 75.11% of the total costs[173]. - The company has implemented a mixed training model for employee development, focusing on both internal and external training[174]. Shareholder Engagement - The company held its first extraordinary shareholders' meeting of 2024 on March 14, with a participation rate of 51.40%[147]. - The company’s annual shareholders' meeting for 2023 took place on May 8, 2024, with a participation rate of 47.56%[147]. - The company has ensured that minority shareholders have opportunities to express their opinions and that their legal rights are protected[176].