银之杰(300085) - 2024 Q4 - 年度财报

Financial Performance - In 2024, the company's total operating revenue decreased by 15.02% compared to the previous year, with financial information technology business down by 38.08% and mobile information services down by 17.57%[6]. - The net loss attributable to shareholders for 2024 was 129.11 million yuan, primarily due to a loss of 91.01 million yuan from core businesses and an investment loss of 38.10 million yuan from East Asia Qianhai Securities[6]. - The company's main business revenue for 2024 was 862.65 million yuan, reflecting a 15.02% decline year-on-year[9]. - The company's operating revenue for 2024 was ¥862,650,406.46, a decrease of 15.02% compared to ¥1,015,145,174.04 in 2023[23]. - The net profit attributable to shareholders for 2024 was -¥129,112,099.08, reflecting a decline of 9.98% from -¥117,392,447.02 in 2023[23]. - The cash flow from operating activities for 2024 was -¥24,423,850.41, a significant drop of 119.03% compared to ¥128,342,665.52 in 2023[23]. - The total assets at the end of 2024 amounted to ¥1,097,563,382.30, down 23.08% from ¥1,426,832,435.87 at the end of 2023[23]. - The basic earnings per share for 2024 was -¥0.1827, a decrease of 9.99% from -¥0.1661 in 2023[23]. - The weighted average return on equity for 2024 was -21.40%, a decline of 5.22 percentage points from -16.18% in 2023[23]. - The company reported a net loss of -¥66,114,104.93 in the fourth quarter of 2024, with quarterly revenues of ¥215,336,866.29[25]. - The total net assets attributable to shareholders at the end of 2024 were ¥539,401,838.67, a decrease of 19.30% from ¥668,423,760.32 at the end of 2023[23]. Business Strategy and Outlook - The company plans to expand its financial information services and integrate innovative technologies such as artificial intelligence and 5G, indicating a positive market outlook despite current losses[10]. - The company is responding to national policy guidance and focusing on the development of financial information services, aligning with industry trends[8]. - The software and information technology services industry, particularly in financial technology, is supported by national policies, with no significant risk of overcapacity or technological obsolescence[8]. - The company has established a comprehensive industrial layout in financial IT, digital finance, personal credit, big data, and artificial intelligence, with significant market development potential[64]. - The company aims to enhance its comprehensive financial technology service system, driven by innovations in financial products and service channels[70]. - The company is committed to enhancing its mobile information platform and marketing services to address rising operational costs and intensifying competition[36]. - The company is actively developing internet securities information services to inject new momentum into sustainable growth[132]. - The company plans to continue promoting its three main businesses to reduce losses and enhance efficiency in 2025[139]. Operational Challenges - The company has faced continuous losses over the past three years, primarily due to macroeconomic conditions and competitive pressures in traditional business areas[10]. - The company is facing risks related to short-term profitability and operational funding shortages due to the expansion of new business segments[140][142]. - The company is committed to maintaining a healthy cash flow and improving the management of accounts receivable to mitigate operational funding risks[142]. - The company has experienced significant changes in project feasibility due to evolving client requirements in the digital transformation wave[120]. Research and Development - The company has obtained 394 software copyrights and 247 patent authorizations, including 41 invention patents, showcasing its strong R&D capabilities[65]. - The company has successfully developed a new generation image recognition engine based on machine learning, enhancing its capabilities in image classification and text recognition, which will further strengthen its technical prowess in image processing[93]. - The company has completed the development of a data element integration technology platform, which aims to streamline data processing efficiency and support various data operations[94]. - R&D expenditure for 2024 amounted to ¥67,720,931.25, representing 7.85% of operating revenue, an increase from 7.18% in 2023[96]. Market Position and Customer Base - The company serves nearly 400 banks across 31 provinces, covering over 100,000 bank outlets, which accounts for approximately 45% of the total bank outlets in China[45]. - The company's financial technology products and services have achieved widespread application in the domestic banking sector, establishing a leading position in market share and service capability[45]. - The company has a customer resource advantage, serving nearly 400 banks and over 500,000 enterprises across various sectors, covering approximately 800 million people[66]. Governance and Management - The board of directors consists of 8 members, including 3 independent directors, complying with legal and regulatory requirements[153]. - The company has a transparent performance evaluation and incentive mechanism for its directors, supervisors, and senior management[154]. - The company ensures that all stakeholders' rights are respected and balanced, promoting mutual benefits with suppliers and customers[157]. - The company has established a dedicated information disclosure system to ensure timely and accurate communication with investors[155]. Employee and Compensation - The total number of employees at the end of the reporting period is 679, with 247 in the parent company and 432 in major subsidiaries[193]. - The employee compensation structure includes a basic salary and year-end bonus, with a focus on performance-based distribution[194]. - The company emphasizes a culture of efficiency and fairness in its compensation policy, providing various employee benefits[194]. - The total remuneration paid to directors, supervisors, and senior management in 2024 amounted to 3.7302 million yuan[180]. Investment and Fund Management - The company raised a total of RMB 361,801,988.34 through a non-public offering of 22,626,766 shares at a price of RMB 15.99 per share, with a net amount of RMB 344,892,058.34 after deducting issuance costs of RMB 16,909,930.00[116]. - The company has utilized temporarily idle raised funds for cash management in multiple board meetings from 2018 to 2023[117]. - The company has a remaining balance of RMB 3,100.00 million in the special account for raised funds and interest that has not been used[118]. - The company plans to raise funds through a private placement to support its strategic development plan[120].