---
title: "Sinosoft released its 2024 annual performance, with a net profit attributable to the parent company of 355 million yuan, a decrease of 45.76%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/235631615.md"
description: "Sinosoft released its 2024 annual report, with operating revenue of 6.671 billion yuan, a year-on-year increase of 2.59%. The net profit attributable to the parent company was 355 million yuan, a year-on-year decrease of 45.76%. The net profit excluding non-recurring gains and losses was 346 million yuan, a year-on-year decrease of 46.34%. Earnings per share were 0.4273 yuan, and it plans to distribute a cash dividend of 3.40 yuan for every 10 shares to shareholders. Insurance IT revenue decreased by 15.31%, while IT revenue from non-insurance industries saw significant growth, with system integration business revenue increasing by 35.67%"
datetime: "2025-04-11T13:18:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/235631615.md)
  - [en](https://longbridge.com/en/news/235631615.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/235631615.md)
---

# Sinosoft released its 2024 annual performance, with a net profit attributable to the parent company of 355 million yuan, a decrease of 45.76%

According to the Zhitong Finance APP, Sinosoft (603927.SH) released its annual report for 2024, reporting an operating income of 6.671 billion yuan, a year-on-year increase of 2.59%. The net profit attributable to shareholders of the listed company was 355 million yuan, a year-on-year decrease of 45.76%. The net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 346 million yuan, a year-on-year decrease of 46.34%. The basic earnings per share were 0.4273 yuan. In addition, it plans to distribute a cash dividend of 3.40 yuan (including tax) for every 10 shares to all shareholders.

In 2024, the company achieved revenue of 6.671 billion yuan, a year-on-year increase of 2.59%. By industry, the company's IT revenue from the insurance sector was 3.047 billion yuan, a year-on-year decrease of 15.31%. The proportion of IT revenue from non-insurance industry clients increased, with non-insurance financial IT, government IT, and healthcare IT sectors showing high growth rates. Non-insurance financial IT revenue was 685 million yuan, a year-on-year increase of 32.43%; government IT revenue was 1.286 billion yuan, a year-on-year increase of 20.38%; healthcare IT revenue was 408 million yuan, a year-on-year increase of 37.31%. By business type, affected by the decline in revenue from the insurance sector, which is mainly driven by software development and technical services, the company's revenue from software products and custom software development was 4.989 billion yuan, a year-on-year decrease of 5.14%. Due to factors such as project gross margin decline caused by client IT budget adjustments, the overall gross margin for the company's software business was 29.53%, a decrease of 6.10 percentage points compared to the same period last year; the acceptance progress of system integration business accelerated, with system integration business revenue of 1.667 billion yuan, a year-on-year increase of 35.67%

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