In 2014, the company achieved operating income of 715 million yuan, an increase of 92.34% over the same period last year. The net profit belonging to shareholders of listed companies was 41.5302 million yuan, turning losses into profits, corresponding to 0.034 yuan per share.
The performance has turned from deficit to profit, and the new business has made a great contribution. During the reporting period, the company turned losses into profits.
In 2014, the company achieved operating income of 71500 yuan, an increase of 92.34% over the same period last year. Internet lottery and mobile games business grew from scratch and contributed 25.08% to the company's revenue growth, while other businesses also increased. The net profit attributed to the owner of the parent company was 41.5302 million yuan, which was lower than previously expected.
The energy business is mainly "stable". The company's overseas new energy business was generally stable in 2014. Affected by the European debt crisis and the instability of European government subsidies, investors began to turn their attention to emerging markets. From a sound point of view, the company does not follow up blindly, strengthen the operation, maintenance, management and sales of built power stations, and at the same time build a number of new power stations at home and abroad. In addition, Variety Photovoltaic failed to meet the scheduled acceptance standards, and made a plan to transform its production line to produce photovoltaic cells for automobile skylights, in order to achieve a new breakthrough.
"quasi" does lay out new areas of mobile Internet. The company made continuous mergers and acquisitions in 2014, successively including Palm Flying News, Shanghai Lottery, Beijing Wonderland and other companies, and quickly cut into mobile Internet-related business in the vanguard of mobile Internet lottery and mobile games. Implement the company's intelligent life platform strategy.
"ruthless" grasp the science and technology business, the original business ushered in a breakthrough. The company's high-tech enterprises give full play to their technological leadership, strengthen research and development, and further improve their competitiveness. Variety Superconductor currently occupies a monopoly position in the field of domestic superconducting filtering technology, and won national special subsidies in 2014 to achieve great-leap-forward development. Shenzhen Yinengda is based on the social security market, and its operating performance continues to climb in 2014, with a steady increase in market share. Tianyi Integration has completed the research and development of a number of high-tech products, including highly SM2 algorithm chips, while achieving large-scale sales of A980 chips. Shenzhou Godson's GSC328x series products have entered a mature period, while constantly expanding the business of military products to enhance competitive advantage.
Profit forecast and valuation. We estimate that the company's EPS from 2015 to 2017 will be 0.13 yuan / 0.22 yuan / 0.33 yuan respectively. We are optimistic about the company's mobile Internet layout and venture capital business prospects, and maintain the "overweight" rating.