Neusoft Group's transformation continues to lay out digital medical field

Neusoft Group Co., Ltd.'s latest 2016 interim report shows that its operating income was 3.382 billion yuan, up 6.98% year-on-year; the net profit attributable to shareholders of listed companies was 93.48 million yuan, up 3.73% year-on-year. In addition, medical system product business revenue decreased by 3.4% year-on-year, and the comprehensive gross profit margin was 34.3%, which remained stable.

Neusoft Group is a large-scale software company in China, covering the government, medical, financial, energy, civil aviation, telecommunications and other fields. Prior to 2006, software outsourcing was the main business. In recent years, it has been actively transformed, and has now extended its business to the frontier areas of automotive electronics, big data, and digital medical . The company mainly adopts the business model of facing the foreign countries first and then facing the domestic ones.

Actively seek transformation and build a century-old software company

As the earliest software company in China, the company used software outsourcing as its main business model. In 2005, at the peak of the software outsourcing business, the company actively pursued business transformation in a forward-looking manner. In the past ten years, the company's R&D investment accounted for about 10% of the company's main business income each year, laying a foundation for the company's future development. .

After nearly a decade of transformation, R&D investment still maintains a high level; however, after the labor-intensive shift to technology-intensive, the company's salary expenditure growth will slow down; meanwhile, the RMB exchange rate is currently steadily falling, and the impact of depreciation expectations Next, the company's profits are expected to grow.

Neusoft Group's transformation continues to lay out digital medical field

Stable growth, the absolute advantage of the medical field

In 2015, the company's main business income was 7.7 billion yuan, mostly from the traditional software business. Neusoft is currently in the leading position in the field of industry solutions. For example, the information system of the two-generation ID card of the Ministry of Public Security is exclusively built by Neusoft; the social security system company has a market share of more than 50%, covering more than 400 million people; the medical insurance system, the total amount of medical insurance reimbursement last year was about 100 billion, of which 4869 billion passed. Neusoft system and so on.

After occupying an absolute leading position in the government and medical fields, the company quickly entered the fields of energy, civil aviation and traffic informationization based on its self-built core platform. The multi-domain layout guarantees the company's main business income in the future. And with the continuous increase of new intervention fields, the company's industry solution revenue can ensure the steady growth of its main business income.

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