Amarsoft(SZ:300380)2025-04-27 07:41Financial Performance - The company's operating revenue for 2024 reached ¥990,430,740, representing an increase of 11.53% compared to ¥888,024,295 in 2023[18]. - The net profit attributable to shareholders for 2024 was ¥15,088,061.1, a significant increase of 132.78% from ¥46,029,708.8 in 2023[18]. - The net cash flow from operating activities for 2024 was ¥32,995,485.1, showing a remarkable increase of 99.44% compared to ¥16,544,275.5 in 2023[18]. - The basic and diluted earnings per share for 2024 were both ¥0.1090, a turnaround from a loss of ¥0.3289 in 2023, marking a 133.14% improvement[18]. - Total assets at the end of 2024 amounted to ¥840,493,045.88, reflecting a 1.62% increase from ¥827,124,856.01 in 2023[18]. - The company's net assets attributable to shareholders increased by 4.12% to ¥380,729,244.21 in 2024 from ¥365,675,155.37 in 2023[18]. - The company reported a significant increase in non-recurring gains, with government subsidies amounting to ¥8,069,881.17 in 2024, slightly up from ¥8,025,182.68 in 2023[23]. - The company achieved operating revenue of 990.43 million yuan in 2024, an increase of 11.53% year-over-year[41]. - The net profit attributable to shareholders reached 15.09 million yuan, a growth of 132.78% compared to the previous year[41]. - The net cash flow from operating activities was 32.99 million yuan, reflecting a 99.44% increase year-over-year[41]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 0.50 RMB per 10 shares to all shareholders, based on a total of 138,439,050 shares[3]. - The company will not distribute profits for the fiscal year 2023, as approved by the board and shareholders[164]. - The total distributable profit for the year is 34,345,442.32 CNY, indicating a strong profit position despite no stock dividends being issued[166]. - The company has not proposed a cash dividend distribution plan for the reporting period, despite positive profits available for shareholders[167]. - The company has initiated a stock buyback plan, involving the repurchase of 1,034,725 restricted stocks due to performance targets not being met[168]. Market Position and Strategy - The company is positioned to benefit from the ongoing digital transformation in the banking sector, driven by policies promoting IT solutions and domestic technology adoption[28]. - The company has established partnerships with 4 large state-owned banks, 1 policy bank, 12 national joint-stock banks, 103 urban commercial banks, and 21 rural commercial banks with assets over 200 billion, indicating a broad and stable customer base[33]. - The overall IT market investment scale in China's banking industry is expected to reach 257.887 billion by 2028, with an annual compound growth rate of 9.3% from 2024 to 2028[32]. - The company aims to enhance its operational capabilities and efficiency for clients through new retail solutions, distributed microservice architecture, and credit big data services[33]. - The company is focusing on digital financial services, emphasizing the importance of data governance and multi-dimensional data utilization for achieving intelligent development[32]. Research and Development - The company has made significant investments in R&D, resulting in numerous software copyrights and recognition as a national high-tech enterprise[40]. - The company is exploring innovative applications of large models in the financial sector, enhancing its core competitiveness in credit risk management[44]. - The company reported a research and development (R&D) expenditure of approximately ¥103.7 million in 2024, representing 10.47% of its operating revenue[75]. - The number of R&D personnel decreased by 17.51% from 571 in 2023 to 471 in 2024, with a notable drop in those under 30 years old by 44.96%[75]. - The company is developing a multi-dimensional fund flow analysis platform to enhance risk control and prevent fund misappropriation[75]. Corporate Governance and Management - The company emphasizes investor relations management, adhering to its established investor relations management system[121]. - The board of directors and supervisors are elected following strict procedures in compliance with the Company Law and relevant regulations[116][117]. - The company has established a fair and transparent performance evaluation and incentive mechanism for directors, supervisors, and senior management[117]. - The company maintains independence in assets, personnel, business, and financial aspects from its controlling shareholders and actual controllers[122]. - The company has a structured approach to determining remuneration based on roles, responsibilities, and contributions[147]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[3]. - The company is addressing the increasing pressure on asset quality in the financial sector by optimizing its asset preservation management software[74]. - The company is actively managing risks related to talent retention and rising personnel costs, implementing strategies to attract and retain skilled professionals[109]. - The company is committed to ongoing technological innovation, with substantial annual R&D investments, while managing the risks associated with potential project delivery inefficiencies[108]. Social Responsibility - The company has implemented measures to reduce carbon emissions, including promoting green office practices and encouraging double-sided printing[179]. - The company donated 12,000 yuan to the Tongling Red Cross to assist individuals with disabilities[182]. Internal Control and Compliance - The company has strengthened its internal control systems and audit supervision to enhance operational management and risk prevention[172]. - There are no significant internal control deficiencies reported during the reporting period[173]. - The internal control audit report issued a standard unqualified opinion, confirming effective financial reporting internal controls as of December 31, 2024[176].