Amarsoft(SZ:300380)2022-12-08 02:06Group 1: Business Overview - The company primarily focuses on bank credit risk management software systems, accounting for approximately 70% of its revenue [2] - The market share in the banking sector is 75% among joint-stock banks and over 50% among city commercial banks [3] - The company has launched a small loan cloud service, with over 8,000 small loan companies in China, collectively holding a registered capital of 1 trillion RMB and loans of approximately 1.1 trillion RMB [3] Group 2: Financial Performance - Revenue from traditional business grew by 20% compared to the previous year, but profits declined due to high investment costs and rising labor expenses [4] - The company currently employs around 1,400 people, with a turnover rate of 20%, lower than the industry average of 30% [5] Group 3: Market Strategy and Challenges - The company is expanding its data services, including real estate data, litigation data, and public opinion information, and has established a corporate credit reporting company [3][4] - Although one-third of small loan companies in Shanghai are clients, the proportion of these companies purchasing cloud services remains low, indicating a need for further market development [3] Group 4: Future Outlook - New business segments are still in the investment and market introduction phases, with some generating revenue but not significantly impacting the overall income structure [5][6] - The company is cautious about potential regulatory changes in the internet finance sector but remains committed to innovation and compliance with economic principles [4][6]