银信科技(300231) - 2018 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2018 was ¥1,219,764,519.69, representing a 30.66% increase compared to ¥933,520,252.03 in 2017[17]. - Net profit attributable to shareholders decreased by 8.53% to ¥112,514,662.85 in 2018 from ¥123,004,612.51 in 2017[17]. - The net cash flow from operating activities significantly improved to ¥241,750,473.47, a 829.68% increase from -¥33,130,945.02 in 2017[17]. - Total assets increased by 34.15% to ¥1,846,869,325.44 at the end of 2018, up from ¥1,376,696,337.40 at the end of 2017[17]. - The company's net assets attributable to shareholders rose by 89.57% to ¥1,386,121,469.75 in 2018 from ¥731,186,203.75 in 2017[17]. - Basic earnings per share decreased by 18.94% to ¥0.2697 in 2018, down from ¥0.3327 in 2017[17]. - The company's total revenue for 2018 reached ¥1,219,764,519.69, representing a year-on-year increase of 30.66% compared to ¥933,520,252.03 in 2017[48]. - The banking sector contributed ¥742,182,440.76, accounting for 60.85% of total revenue, with a significant year-on-year growth of 61.52%[48]. - The IT infrastructure services segment generated ¥558,627,105.43, making up 45.80% of total revenue, with a year-on-year increase of 20.03%[49]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2018, representing a year-over-year growth of 15%[162]. Cash Flow and Investments - Operating cash inflow increased by 56.20% to ¥1,511,902,976.60, driven by higher revenue and increased customer payments[63]. - The net cash flow from operating activities turned positive at ¥241,750,473.47, a significant improvement from a negative cash flow of ¥33,130,945.02 in the previous year, marking an increase of 829.68%[63]. - Investment activities resulted in a net cash outflow of ¥159,672,885.69, a deterioration of 450.23% compared to the previous year[64]. - Financing activities generated a net cash inflow of ¥299,308,022.55, up 111.40% from the previous year, with total cash and cash equivalents increasing by 380.17% to ¥379,388,248.90[64]. - Cash inflow from investment activities grew by 1443.94% compared to the previous year, mainly due to an increase in recovered investment funds[65]. - Cash outflow from investment activities increased by 801% year-on-year, primarily due to increased expenditures on fixed asset construction and external investments[65]. - The company has a remaining balance of ¥18,826.76 million in unused raised funds as of December 31, 2018[76]. - The total amount of committed investment projects is 69,378.72 million CNY, with a cumulative investment of 39,362.2 million CNY, achieving 56.4% of the planned investment[77]. Dividend Policy - The company plans to distribute a cash dividend of 1.50 RMB per 10 shares to all shareholders, based on a total of 429,942,227 shares[4]. - The company distributed a cash dividend of RMB 1.50 per 10 shares, totaling RMB 64,491,334.05 for the year 2018, which represents 57.32% of the net profit attributable to shareholders[94][98]. - The cash dividend policy was approved by the shareholders and aligns with the company's articles of association, ensuring that minority shareholders' rights are protected[95]. - The total distributable profit for the year was RMB 259,186,016.09, with the cash dividend accounting for 100% of the profit distribution[94]. - The company has consistently paid a cash dividend of RMB 1.50 per 10 shares for the past three years, maintaining a stable dividend distribution strategy[97]. Research and Development - The company invested nearly ¥40 million in R&D during the reporting period, focusing on integrated operation and maintenance products and management software[44]. - The company has developed a series of IT infrastructure management software products, accumulating 16 software copyrights during the reporting period[37]. - The company has obtained 16 software copyrights and 4 utility model patents during the reporting period, enhancing its intellectual property portfolio[61]. - The number of R&D personnel increased to 175, representing 17.82% of the total workforce, while R&D expenditure accounted for 3.71% of total revenue[61]. - The company has invested 100 million RMB in R&D for new technologies, focusing on AI and big data analytics[162]. Market Expansion and Strategy - The company aims to enhance its IT operation and maintenance services to ensure 24/7 stability and reliability of IT systems for clients[27]. - The company has established a service marketing network covering over 100 cities in China, with a customer base increasing from 666 in 2016 to 974 in 2018[33]. - The company aims to enhance its service capabilities by integrating IaaS, PaaS, and SaaS into a smart, unified operation model[36]. - The company anticipates further market expansion opportunities as the demand for IT infrastructure services continues to rise[32]. - The company plans to leverage cloud computing and big data trends to enhance market expansion and technical reserves[89]. - The company plans to expand its market presence in Southeast Asia, aiming for a 25% market share by 2020[162]. - The company is considering strategic acquisitions to enhance its service offerings, with a budget of 300 million RMB for potential mergers[163]. Corporate Governance and Compliance - The company has maintained compliance with information disclosure regulations to protect shareholder rights[131]. - The company has not faced any penalties for violations of laws and regulations, indicating a stable compliance environment[192]. - The company’s board of directors is composed of experienced individuals, ensuring competent management and oversight[187]. - The company has a complete and clear internal governance structure, complying with relevant laws and regulations[177]. - The independent directors' suggestions were adopted by the company during the reporting period, ensuring compliance with regulations and focusing on the interests of minority investors[184]. Employee Management and Compensation - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 1.71 million yuan[167]. - The chairman and general manager, Zhan Lixiong, received a total remuneration of 551,800 yuan[168]. - The company has granted a total of 46,800 restricted shares to senior management, with 14,040 shares being newly granted during the reporting period[170]. - The company has implemented stock incentive plans to attract and retain core talent, promoting long-term growth[173]. - The total number of employees in the company is 982, with 675 being technical personnel, 115 in sales, and 11 in finance[171]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[4]. - The company confirmed that there were no risks identified by the supervisory board during the reporting period, reflecting stable operations[188].