Digitalization of finance and taxation refers to the comprehensive use of modern information technology, such as artificial intelligence, big data, cloud computing, etc., to digitally transform fiscal and taxation work, improve the efficiency and accuracy of fiscal and taxation work, and improve policy compliance requirements.
The digital transformation of finance and taxation has nurtured abundant investment opportunities in a number of key areas. For example, cloud computing service providers support the data processing needs of fiscal and tax digitalization through data storage and computing services. Big data analytics companies use financial and tax data to provide insights and assist decision-making.
Profitability refers to the ability of an enterprise to obtain profits, which is usually manifested in the amount of income and its level in a certain period of time. The analysis of profitability is an in-depth analysis of the company's profit margin.
This article selects 19 financial and tax digital enterprises as research samples, and uses return on net assets, gross profit margin, and net profit margin as evaluation indicators.
Data is based on history and does not represent future trends; It is for static analysis only and does not constitute investment advice.
Top 10 enterprises in terms of profitability of finance and taxation digitalization:
10th Space Information
Industry segmentation: IT services
Profitability: Return on equity 5.77%, gross profit margin 26.96%, net profit margin 8.47%
Performance forecast: No organization has made a performance forecast for the current year
Main products: Corporate financial and tax services are the main source of income, accounting for 37.12% of revenue, and gross profit margin of 46.12%
Company Highlights: The artificial intelligence and big data "Star Series Products" independently developed by Aerospace Information escort the construction of safe and credible intelligent applications at the industry level such as taxation, public security, postal services, and transportation.
The 9th Donggang shares
Industry segmentation: printing
Profitability: Return on equity 10.50%, gross margin 36.69%, net profit margin 14.04%
Performance forecast: No organization has made a performance forecast for the current year
Main products: Printing products are the main source of revenue, accounting for 65.79% of revenue, and gross profit margin of 35.47%
Company Highlights: Donggang actively participates in the promotion of financial and taxation business, and makes use of its advantages in the field of electronic invoices and blockchain invoices to keep up with the pace of fiscal and taxation reform.
8th Digital Certification
Industry segmentation: vertical application software
Profitability: Return on equity 6.88%, gross profit margin 52.41%, net profit margin 5.33%
Performance forecast: No organization has made a performance forecast for the current year
Main products: network security services are the main source of revenue, accounting for 29.65% of revenue, and gross profit margin of 48.16%
Company Highlights: The specific application of digital authentication in the tax field includes the company's provision of digital certificates, electronic signatures and other services for tax departments.
7th UF Network
Industry segmentation: horizontal general software
Profitability: Return on equity 1.00%, gross profit margin 56.12%, net profit margin 0.18%
Performance forecast: ROE is the highest in the last three years at 10.19%, and the average of the latest forecast is 1.24%
Main products: technical services and training are the main sources of revenue, accounting for 60.83% of revenue, and gross profit margin of 25.71%
Company Highlights: In the field of digital intelligence finance and taxation, Yonyou network products fully support the whole process management of digital electronic bills, and further improve the automation and intelligence level of digital intelligence finance and taxation.
No. 6 Chinese Software
Industry segmentation: IT services
Profitability: Return on equity -1.56%, gross margin 32.69%, net profit margin 1.46%
Performance forecast: ROE is the highest in the last three years at 3.23%, and the latest forecast average is 5.61%
Main products: Industry solutions are the main source of revenue, accounting for 51.33% of revenue, and gross profit margin is 9.66%
Company Highlights: China Software is oriented to the tax industry, with information system services as the core for professional management of the industry, and organizes the implementation and delivery of products and services.
5th Sunline Technology
Industry segmentation: vertical application software
Profitability: Return on equity 3.96%, gross profit margin 36.57%, net profit margin 3.69%
Performance forecast: ROE fluctuates between 1.5% and 8.5% in the last three years, and the average of the latest forecast is 6.30%
Main products: Digital financial business solutions are the main source of revenue, accounting for 59.88% of revenue, and gross profit margin of 36.66%
Company Highlights: Sunline Technology provides financial institutions with tax and bill solutions and IT system construction, and realizes full-link management of VAT bills from the output end to the input end.
No. 4 Tax-friendly shares
Industry segmentation: IT services
Profitability: Return on equity 6.77%, gross profit margin 57.83%, net profit margin 9.11%
Performance forecast: ROE has decreased to 3.42% in the last three consecutive years, and the average value of the latest forecast is 9.70%
Main products: ToBSaaS subscription and consulting services are the main sources of revenue, accounting for 59.32% of revenue and gross profit margin of 73.86%
Company Highlights: The main business of Tax Friends Co., Ltd. is to G digital government business, To B SaaS subscription and consulting services.
3rd Pulian Software
Industry segmentation: vertical application software
Profitability: Return on equity 13.82%, gross profit margin 44.22%, net profit margin 17.69%
Performance forecast: ROE has decreased to 5.39% in the last three consecutive years, and the average value of the latest forecast is 12.23%
Main products: Group control is the main source of income, accounting for 88.34% of revenue, gross profit margin of 38.90%
Company Highlights: Pulian Software fully integrates financial management model and digital technology to form a Xinchuang ERP financial product system.
2nd Booz Software
Industry segmentation: vertical application software
Profitability: Return on equity 14.60%, gross profit margin 64.46%, net profit margin 16.55%
Performance forecast: ROE has decreased to 14.06% in the last three consecutive years, and the average value of the latest forecast is 14.48%
Main products: technical services are the main source of income, accounting for 75.48% of revenue, and gross profit margin is 65.71%
Company Highlights: Focusing on digital invoices, electronic vouchers, industry, finance and taxation collaboration, Booz Software provides assistance and services for the digital + intelligent direction of enterprises.
No. 1 Zhongke Jiangnan
Industry segmentation: vertical application software
Profitability: Return on equity 24.49%, gross profit margin 56.51%, net profit margin 25.02%
Performance forecast: ROE has decreased to 18.21% in the last three consecutive years, and the average value of the latest forecast is 18.78%
Main products: electronic payment is the main source of income, accounting for 53.51% of revenue, and gross profit margin is 64.80%
Company Highlights: Zhongke Jiangnan assists customers in establishing a financial fund and business management system from centralized payment of the treasury to integrated management of the financial budget.
The top 10 enterprises in the profitability of finance and taxation digitalization, return on net assets, gross profit margin, and net profit margin in the past three years:
