龙软科技(688078) - 2023 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2023 reached ¥396,114,113.32, representing an increase of 8.56% compared to ¥364,882,068.21 in 2022[25]. - Net profit attributable to shareholders for 2023 was ¥84,319,784.70, a growth of 5.39% from ¥80,010,957.96 in 2022[25]. - Basic earnings per share for 2023 were ¥1.18, up 4.43% from ¥1.13 in 2022[25]. - The company's R&D expenditure accounted for 11.16% of operating revenue, an increase of 0.94 percentage points from 10.22% in 2022[25]. - The weighted average return on equity decreased to 12.42% in 2023, down 0.80 percentage points from 13.22% in 2022[25]. - The net cash flow from operating activities improved significantly, with a positive cash flow of ¥27,694,559.63 in Q4 2023, compared to negative cash flows in the previous three quarters[28]. - Total assets at the end of 2023 were ¥902,385,156.85, reflecting a 12.94% increase from ¥798,997,889.54 at the end of 2022[25]. - The net assets attributable to shareholders increased to ¥719,442,658.80, marking an 11.36% rise from ¥646,062,841.18 in 2022[25]. - The company reported a quarterly revenue of ¥144,222,273.04 in Q4 2023, the highest among the four quarters[28]. - Non-recurring gains and losses for 2023 totaled ¥979,668.12, compared to a loss of ¥1,278,339.56 in 2022[31]. Dividend and Profit Distribution - The proposed profit distribution plan for 2023 includes a cash dividend of 3.60 CNY per 10 shares, totaling approximately 25,937,640.00 CNY, which represents 30.76% of the net profit attributable to shareholders for the year[6]. - The total share capital as of December 31, 2023, is 72,049,000 shares, which will be the basis for calculating the actual cash dividend distribution[6]. - The company has not proposed any capital reserve conversion to increase share capital, focusing instead on cash dividends[6]. Governance and Risk Management - The company has outlined various operational risks and corresponding mitigation strategies in the report, emphasizing the importance of risk management[4]. - There are no non-operating fund occupations by controlling shareholders or related parties, ensuring financial integrity[8]. - The company has received a standard unqualified audit report from Zhongshun Zhonghuan Accounting Firm, affirming the accuracy of its financial statements[5]. - The board of directors has confirmed that all members attended the board meeting, ensuring governance and oversight[5]. - There are no special arrangements for corporate governance or significant matters that could affect the company's operations[8]. - The report includes a forward-looking statement risk disclaimer, cautioning investors about potential uncertainties in future plans and strategies[7]. Technological Advancements and Innovations - The company is focused on building a smart mining system that integrates IoT, cloud computing, big data, and virtual reality technologies to enhance safety and efficiency in coal mining operations[14]. - The implementation of a unified data center and hardware support platform allows for real-time monitoring of coal mine safety and risk assessment, significantly improving regulatory oversight[15]. - The company aims to leverage digital twin technology to create a comprehensive lifecycle mapping of physical assets, enhancing operational efficiency and risk management[15]. - The LongRuan Safety Cloud platform integrates various technologies to provide a comprehensive regulatory framework for emergency management and safety oversight in coal mining[15]. - The company emphasizes the importance of big data technology in processing diverse and complex data types to support decision-making and operational improvements[15]. - The integration of AI and industrial internet technologies is expected to enhance the company's manufacturing and service capabilities across the entire value chain[15]. - The company has established a risk evaluation index system to analyze safety production risks in coal mining, enabling dynamic risk monitoring and early warning systems[15]. - The focus on developing a comprehensive monitoring and early warning system aims to prevent major safety incidents in coal mining operations[15]. - The company is committed to sustainable development by promoting resource-saving practices and improving production efficiency in coal mining[14]. Market and Industry Trends - The company’s stock is listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board under the ticker 688078[20]. - The software and information technology service industry in China is experiencing rapid growth, driven by new technologies such as cloud computing and big data[106]. - The coal industry is increasingly adopting intelligent upgrades, with government policies encouraging the construction of smart coal mines[107]. - In 2023, Shanxi province plans to initiate smart upgrades for all coal mines producing over 1.8 million tons annually, aiming to complete 80 smart mines[109]. - The national strategy emphasizes the integration of digital technology with the energy sector, enhancing safety and efficiency in coal production[108]. - The demand for industry-specific application software and IT services is growing, reflecting a shift towards business characteristics and industry needs[106]. - The demand for digital and intelligent transformation in the mining industry is increasing rapidly, supported by national policies and years of independent innovation by industry enterprises[119]. Research and Development - The company achieved a total R&D investment of ¥44,190,676.54, representing an 18.45% increase from the previous year, with R&D expenses accounting for 11.16% of operating revenue[145]. - The company independently obtained 13 invention patents and 17 software copyrights during the reporting period, with a total of 373 intellectual properties accumulated[143]. - The company is developing a transparent geological cloud GIS system with an expected total investment of ¥1,650.70 million, aiming to meet the requirements for intelligent mining construction[149]. - The company has made significant progress in its intelligent mining control system, with a current investment of ¥997.00 million and aims to achieve automation and intelligent control of mining operations[149]. - The company’s intelligent mining projects have received recognition, including being awarded the "National Major Progress in Coal Mine Intelligence" for its geological assurance system[143]. - The company has increased its investment in R&D equipment and optimized its R&D environment, which has led to higher depreciation costs and increased expenses for travel and patent maintenance[146]. - The company’s R&D investment has been focused on maintaining its technological leadership and enhancing its product offerings in intelligent mining solutions[147]. - The company aims to expand its market share and core technology advantages in line with national energy strategies and the 14th Five-Year Plan for intelligent manufacturing[141]. Strategic Initiatives - The company will leverage its capital platform to explore potential investment and acquisition opportunities to optimize its business and technology layout[197]. - The company is committed to improving governance structures and internal management to enhance operational efficiency and quality[195]. - The goal is to establish a comprehensive intelligent mining system by 2035, integrating multiple industry chains and systems[193]. - The company will focus on standardizing its intelligent mining products to shorten project implementation cycles and improve efficiency[196]. - The company will utilize its core technology advantages to carefully select partners and undertake large-scale projects[197].