The gross profit margin of Hunan Creator Information Technologies Co.Ltd(300730) ( Hunan Creator Information Technologies Co.Ltd(300730) . SZ) fell to a new low, dragged down by factors such as operating costs and excessive growth of period expenses. The company announced on April 9 that the operating revenue in 2021 was 497 million yuan, an increase of 14.04% year-on-year; The net profit attributable to the shareholders of the listed company was 38.552 million yuan, a year-on-year increase of 18.84%. It is proposed to distribute a cash dividend of 0.6 yuan (including tax) for every 10 shares and increase 5 shares for every 10 shares to all shareholders with capital reserveP align = "center" the figure shows the gross profit margin of Hunan Creator Information Technologies Co.Ltd(300730) sales. Source: wind
Hunan Creator Information Technologies Co.Ltd(300730) mainly engaged in software development, system integration, it operation and maintenance. The company uses advanced information technologies such as big data, artificial intelligence and blockchain to serve the construction of digital government and smart enterprises.
During the reporting period, the company's revenue mainly came from system integration revenue, software development revenue and it operation and maintenance revenue. In 2021, the company's operating revenue was 497 million yuan, of which the total revenue from system integration and software development was 473 million yuan, accounting for 95.25% of the operating revenue.
In 2021, the company's operating revenue in the fourth quarter was 268 million yuan Hunan Creator Information Technologies Co.Ltd(300730) said that the company's main customers are government and government organs and institutions. Some government and enterprise customers usually implement budget management and centralized procurement system. Procurement bidding and settlement have obvious seasonal characteristics, resulting in the final acceptance of more projects in the fourth quarter. The company's revenue is mainly recognized according to the final acceptance report of the project, resulting in the recognition of the company's operating revenue mainly in the fourth quarter, and the company's operating revenue has a strong risk of seasonal fluctuation.
The annual report shows that the company's revenue in Central China is 419 million yuan, accounting for 84.50% of the operating revenue Hunan Creator Information Technologies Co.Ltd(300730) said that during the reporting period, the company's operating revenue was mainly concentrated in Hunan, and there was a risk of regional concentration of revenue.
In terms of products, digital government products achieved an operating revenue of 389 million yuan in 2021, a year-on-year increase of 28.20%; Smart enterprise products achieved an operating revenue of 107 million yuan in 2021, a year-on-year decrease of 18.27%P align = "center" the figure shows Hunan Creator Information Technologies Co.Ltd(300730) revenue structure. Source: annual report of the company
During the reporting period, the company's main business cost was 346 million yuan, a year-on-year increase of 17.60%, consisting of direct materials, direct labor and indirect costs. Among them, the operating cost of direct materials was 234 million yuan, a year-on-year increase of 15.69%; The operating cost of direct labor was 97 million yuan, a year-on-year increase of 25.32%.
According to wind data, in 2021, Hunan Creator Information Technologies Co.Ltd(300730) sales gross profit margin was 30.39%, the lowest since 2013. After the company was listed in 2017, the sales gross profit margin continued to decline.
In terms of period expenses, during the reporting period, the company's period expenses totaled 124 million yuan, a year-on-year increase of 17.89%. Among them, the management expense was 393861 million yuan, with a year-on-year increase of 20.65%, mainly due to the increase of employee salary, office expenses and business entertainment expenses; The R & D cost was 449099 million yuan, a year-on-year increase of 20%, mainly due to the increase of employee salary and share based payment.
In terms of cash flow, the net cash flow from operating activities was - 34 million yuan, a decrease of 387.06% over the same period of last year, mainly due to the increase in cash paid by the company for purchasing goods and receiving labor services, as well as cash paid to and for employees during the reporting period; The net cash flow from investment activities was -13.813 billion yuan, a decrease of 140.36% over the same period of last year, mainly due to the increase in cash paid for the purchase and construction of fixed assets, intangible assets and other long-term assets during the reporting period; The net cash flow from financing activities was 38 million yuan, an increase of 405.68% over the same period of last year, mainly due to the increase in cash received from borrowings during the reporting period.
Hunan Creator Information Technologies Co.Ltd(300730) said that affected by the company's actual operation, market environment and other factors, the company decided to slow down the procurement investment in software and hardware facilities of relevant raised investment projects and extend the completion time of proprietary cloud platform technology upgrading and transformation project, big data platform technology upgrading and application R & D project and R & D center project to June 30, 2022; Extend the completion time of the marketing network construction project to December 31, 2022.
The annual report said that the company will continue to adhere to the new smart city strategy and lead the coordinated development of digital government and smart enterprise business; Further enhance the core competitiveness of the company through technological and business innovation and software intelligence, and polish a number of fist products with leading ideas, advanced technology and good experience; Adhere to the industry as a breakthrough, strengthen the construction of branches and cooperation channels, and make great strides towards the national market.
