Xindian software (688232. SH) recently disclosed its first A-share transcript, with bright data. In 2021, the company achieved a revenue of 2.794 billion yuan, a year-on-year increase of 31.56%; The net profit attributable to the shareholders of the listed company was 504 million yuan, a year-on-year increase of 22.87%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 497 million yuan, a year-on-year increase of 26.47%. The company plans to distribute a cash dividend of 5 yuan (including tax) for every 10 shares to all shareholders.
The reporter of economic information daily noted that the revenue growth of Xindian software in 2021 was mainly due to the rapid laying of national sales and service network system and the innovation of service types through emerging technologies such as big data and blockchain.
Xindian software was founded in 1998 and the company landed on the science and innovation board in November 2021. At present, the company focuses on three fields: smart bidding, smart government and digital architecture. The company provides customers in three major fields with intelligent overall solutions with software as the core, including specialized software platforms, operation and maintenance services, intelligent equipment products, intelligent project implementation services and other products and services.
In 2021, facing the complex environment where opportunities and challenges coexist, the company adheres to the established development strategy, works steadily, focuses on the company's main channel business, and strives to seize the digital development opportunities of the industry through technological innovation and business innovation. Aim at the pain points and difficulties of customers, strengthen product planning and technology research and development, and improve the user value and core competitiveness of products; On the basis of maintaining the advantages of traditional project-based product solution delivery business, actively increase the promotion of SaaS software platform and operation business to support the continuous and rapid growth of the company's performance; Through remote marketing, delivery and after-sales service, ensure the rapid and efficient delivery of various projects in the way of process and professional project management, and effectively control the cost of sales and service; The company actively promoted the digital transformation of internal management and operation, continuously optimized various digital management processes such as R & D, sales, finance and project management, and improved the overall operation quality and efficiency. In 2021, the company achieved stable growth in performance.
During the reporting period, the three major businesses of the company went hand in hand. From the perspective of revenue structure, the revenue in the field of intelligent bidding and procurement was 1.063 billion yuan, a year-on-year increase of 39.91%; In the field of smart government, the revenue was 1.333 billion yuan, a year-on-year increase of 26.23%; In the field of digital architecture, the revenue was 339 million yuan, a year-on-year increase of 13.92%. In addition, the field of intelligent engineering achieved a revenue of 59 million yuan.
It is worth mentioning that in the segment business in the field of smart bidding and procurement, the platform operation achieved a revenue of 409 million yuan, a year-on-year increase of 67.10%.
Xindian software said that in terms of smart bidding and procurement business, the company has continuously transformed from traditional project-based to market-oriented platform operation, and achieved long-term and stable growth of performance; At the same time, the company continues to deepen its business, build a new business model of "capability + product", and gradually shift from product solution provider to value service provider; Focus on the development of operation service products for bidding subjects, "making each transaction easier".
In addition, the R & D investment of new point software was increased during the period. The annual report shows that in 2021, the company invested 489 million yuan in R & D expenses, a year-on-year increase of 51.02%, accounting for 17.50% of revenue. During the reporting period, the company continued to carry out technological innovation in terms of no meet transaction support, big data governance and intelligent analysis, localization BIM, intelligent device development and operation and maintenance, application rapid development support, etc., and applied for 52 invention patents and obtained 5 authorizations; 44 design patents were applied for and 37 were authorized.
figure: investment in research and development of Xindian software source: annual report of the company
Xindian software said that the company has formed a core technology system with deep integration of technology and business by continuously introducing new technologies and deeply combining the needs of the industry, and continued to help the digital transformation of downstream customer industry.
