SERVYOU(SH:603171)2025-04-17 10:25Financial Performance - The company's operating revenue for 2024 reached ¥1,945,333,994.47, representing a year-on-year increase of 6.38% compared to ¥1,828,708,112.74 in 2023[24] - The net profit attributable to shareholders for 2024 was ¥112,578,793.11, a significant increase of 35.01% from ¥83,385,472.17 in 2023[24] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥82,168,710.87, up 35.65% from ¥60,576,016.72 in the previous year[24] - The net cash flow from operating activities for 2024 was ¥273,781,325.55, reflecting a 12.12% increase from ¥244,175,990.09 in 2023[24] - The total assets of the company at the end of 2024 amounted to ¥4,148,568,542.66, which is a 7.72% increase from ¥3,851,262,984.17 at the end of 2023[24] - The net assets attributable to shareholders at the end of 2024 were ¥2,493,675,644.05, showing a 2.34% increase from ¥2,436,764,275.28 in 2023[24] - The basic earnings per share for 2024 is CNY 0.28, an increase of 33.33% compared to the same period last year[25] - The diluted earnings per share for 2024 is CNY 0.28, reflecting a growth of 40% year-over-year[26] - The weighted average return on equity for 2024 is 4.57%, an increase of 1.15 percentage points compared to the previous year[25] Dividend Policy - The company plans to distribute a cash dividend of ¥2.00 per 10 shares, totaling ¥81,352,650.00, subject to approval at the 2024 annual general meeting[7] - The cash dividend amount (including tax) is CNY 81,352,650.00, which accounts for 72.26% of the net profit attributable to ordinary shareholders in the consolidated financial statements of CNY 112,578,793.11[165] - The cumulative cash dividend amount (including tax) over the last three accounting years is CNY 243,903,275.00, with an average annual net profit of CNY 113,288,164.34, resulting in a cash dividend ratio of 215.29%[167] - The company’s cash dividend policy stipulates that at least 20% of the distributable profit should be distributed as cash dividends if conditions are met[159] - The company’s cash dividend policy allows for a minimum of 80% cash dividends for mature companies without significant capital expenditure plans[160] Business Growth and Strategy - The company has maintained a consistent growth trajectory in both revenue and profit, indicating a positive outlook for future performance[24] - The company has achieved significant growth in its digital finance and tax business, contributing to revenue and profit growth[25] - The company has optimized its cost structure, leading to improved operational efficiency in its digital government business[25] - The company is focused on digital transformation for small and medium enterprises and tax service institutions through its "Yiqiying" digital tax platform[66] - The company aims to transition the financial and tax service industry from a labor-intensive model to an intelligent-driven model, enhancing service efficiency and value[73] User Engagement and Market Expansion - Active enterprise users on the platform reached 10.7 million, a growth of 30.5% from the beginning of the year[43] - The number of paid enterprise users increased to 7.07 million, reflecting a growth of 24.5% year-on-year[44] - The company plans to maintain a growth of over 1 million paid users on the AIBM ecosystem platform, enhancing user engagement through optimized service delivery[121] - Market expansion plans include entering two new regions, which are projected to increase market share by 5%[138] Research and Development - The company’s R&D expenses amounted to CNY 480 million, a slight decrease of 0.96% from the previous year[91] - The company reported a total R&D investment of ¥531,292,040.92, accounting for 27.31% of total revenue, with capitalized R&D representing 9.68%[102] - The number of R&D personnel is 1,166, making up 20.73% of the total workforce[104] - The company has established a training program to enhance employee skills and development, utilizing a mix of online and offline training methods[156] Governance and Compliance - The company has maintained a strict information disclosure process, ensuring transparency and compliance with legal requirements to protect shareholder rights[135] - The supervisory board, consisting of 3 members, effectively monitors the company's operations and compliance with laws and regulations[134] - The company emphasizes investor relations management, providing multiple channels for communication and feedback to enhance investor satisfaction[135] - The company has established a comprehensive governance structure, including a "1+3+N" system to ensure effective decision-making and compliance with regulations[133] Social Responsibility and Environmental Initiatives - The company invested CNY 563,700 in environmental protection during the reporting period[175] - The company actively implements energy-saving and emission-reduction measures, integrating these concepts into daily management operations[176] - The company achieved a total investment of 85.42 million CNY in social responsibility projects, benefiting 997 individuals[180] - The company donated 80.78 million CNY for purchasing New Year gift boxes to support local economic development in Painan County[182] Risk Management - The company has not reported any significant risks that could materially affect its operations during the reporting period[10] - The company emphasizes that forward-looking statements in the report do not constitute substantive commitments to investors, highlighting the importance of investment risk awareness[8] Strategic Vision - The strategic vision focuses on creating a high-value digital tax service era, leveraging data value development and AI technology[117] - The company aims to build an AI-driven financial service platform, enhancing operational efficiency and compliance management through integrated applications[119] - The company is targeting key industries to expand its customer base, aiming for high ROI commercial intelligence solutions and rapid product-market fit completion[124]