MEGAIN(06939)

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美佳音控股预期上半年公司拥有人应占净亏损约4000万元至6000万元
Zheng Quan Shi Bao Wang· 2025-08-20 00:41
美佳音控股预期2025年上半年将录得人民币4000万元至6000万元的公司拥有人应占净亏损,而2024年同 期为纯利人民币40.5万元。业绩由盈转亏的主要原因包括:兼容打印机耗材芯片业务毛利率因行业竞争 加剧而大幅下降;为发展新业务增加了销售及分销开支;行政开支因总部变更及撇销原材料成本而增 加;以及资产减值拨备大幅增加。 ...
美佳音控股(06939)发盈警 预期上半年公司拥有人应占净亏损约4000万元至6000万 同比盈转亏
智通财经网· 2025-08-19 13:17
智通财经APP讯,美佳音控股(06939)公布,预期该集团于2025年上半年取得公司拥有人应占净亏损约人 民币4000万元至6000万元,而2024年同期则为公司拥有人应占纯利约人民币40.5万元。 公告称,由盈转亏主要是由于受兼容打印机耗材芯片行业激烈竞争影响,集团兼容打印机耗材芯片业务 毛利率于有关期间大幅下降;为加强集团物联网芯片、网上销售等新业务的发展,集团于有关期间开展 了更多营销活动,导致销售及分销开支增加;因位于中华人民共和国的总部变更及撇销原材料成本,导 致集团行政开支增加;及集团于有关期间产生净经营亏损,导致资产减值拨备大幅增加。 ...
美佳音控股(06939) - 盈利警告
2025-08-19 13:09
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不 負 責,對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明,並 明 確 表 示,概 不 對 因 本 公 告 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 本公告由美佳音控股有限公司(「本公司」,連 同 其 附 屬 公 司 統 稱「本集團」)根 據 香港聯合交易所有限公司證券上市規則(「上市規則」)第13.09條及香港法例第 571章證券及期貨條例第XIVA部項下的內幕消息條文(定義見上市規則)而作出。 本公司董事會(「董事會」,及 董 事 會 成 員 為「董 事」)謹此知會本公司股東(「股 東」) 及 潛 在 投 資 者,基 於 對 本 集 團 截 至2025年6月30日止六個月(「有關期間」)的未經 審 核 綜 合 管 理 賬 目 及 董 事 會 目 前 可 得 其 他 資 料 的 初 步 評 估,預 期 本 集 團 於 有 關 期間的本公司擁有人應佔淨虧損介乎約人民幣40,000,000元至人民幣60,000,000 元,而2024年同期則為本公司擁有人應佔純利約人民幣405,000元。 MEG ...
美佳音控股(06939) - 截至二零二五年七月三十一日止月份之股份发行人的证券变动月报表
2025-08-04 12:39
股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 | 新提交 | | --- | | 截至月份: 2025年7月31日 狀態: | 致:香港交易及結算所有限公司 公司名稱: 美佳音控股有限公司 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 06939 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 750,000,000 | HKD | | 0.01 | HKD | | 7,500,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 750,000,000 | HKD | | 0.01 | HKD | | 7,500,000 | 本 ...
港股半导体股走强,华虹半导体涨超5%
Ge Long Hui A P P· 2025-08-04 07:29
| 代码 | 名称 | | 涨跌幅 √ | 最新价 | 总市值 | | --- | --- | --- | --- | --- | --- | | 01335 | 顺泰控股 | 0 | 7.83% | 0.124 | 3.02亿 | | 02577 | 英诺赛科 | | 7.90% | 62.150 | 555.87 Z | | 01385 | 上海复旦 | | 6.18% | 33.180 | 272.55亿 | | 01347 | 华虹半导体 | | 5.96% | 41.800 | 721.92亿 | | 06939 | 美佳音控股 | | 4.44% | 0.470 | 2.44亿 | | 00981 | 中芯国际 | | 2.80% | 51.450 | 4108.83亿 | | 02203 | 脑洞科技 | | 2.65% | 0.194 | 1.55亿 | | 02878 | 晶门半导体 | | 2.25% | 0.455 | 11.36亿 | | 00085 | 中电华大科技 | | 2.11% | 1.450 | 29.43 Z | 格隆汇8月4日|港股半导体股走强,其中,顺泰控股、英诺赛科 ...
美佳音控股(06939) - 2024 - 年度财报
2025-04-28 12:04
Financial Performance - MEGAIN Holding reported a revenue of HKD 1.26 billion for the fiscal year ending December 31, 2024, representing a year-over-year increase of 15%[2]. - The company achieved a net profit margin of 12%, with net profit amounting to HKD 151.2 million, up from HKD 130 million in the previous year[2]. - For the fiscal year ending December 31, 2023, the company reported a revenue of RMB 172,394,000, a decrease of approximately 0.56% compared to RMB 173,367,000 in 2022[13]. - The net profit for the same period was RMB 23,212,000, representing a significant decline of about 48.3% from RMB 44,892,000 in 2022[13][23]. - The gross profit margin decreased to 38.9% in 2023 from 52.3% in 2022, indicating increased competition and challenges in the market[15][22]. - Total revenue decreased by approximately 13.2%, from about RMB 172.4 million to about RMB 149.7 million[35]. - Net profit after tax decreased by approximately 58.4% from RMB 23.2 million to RMB 9.7 million, with net profit margin dropping from 13.5% to 6.5%[52]. - Return on equity dropped from 6.3% in 2023 to 2.6% in 2024, primarily due to a decrease in net profit[63]. - Gross margin decreased from 38.9% in 2023 to 32.2% in 2024, reflecting a reduction in gross profit[66]. - Net profit margin fell from 13.5% in 2023 to 6.5% in 2024, attributed to the same factors affecting gross margin[67]. Market Strategy and Expansion - MEGAIN Holding plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2025[2]. - The company is exploring potential acquisitions to enhance its technology portfolio, with a budget of HKD 300 million allocated for this purpose[2]. - The company plans to explore opportunities in the IoT chip business, which aligns with its technological advantages and has a larger market size[24]. - The company aims to maintain its position as a leading supplier of compatible printer consumables chips in China while exploring opportunities in the IoT chip market[176]. - The company plans to continue developing its IoT business strategy and diversify sales platforms through an online store to expand its market reach[77]. Research and Development - The company is investing HKD 200 million in R&D for new product development, focusing on IoT and integrated circuit technologies[2]. - The company submitted a total of 33 patent applications in China during the current period to strengthen its R&D capabilities[33]. - Research and development expenses increased by approximately 17.6% from RMB 16.3 million to RMB 19.1 million, primarily due to higher costs for R&D personnel and testing of compatible printer consumable chips[48]. - The core advantage of the company lies in its R&D capabilities, which are crucial for success in the industry[78]. Operational Efficiency - The company reported a 10% increase in gross profit, amounting to HKD 420 million, driven by improved operational efficiencies[2]. - Sales and service costs decreased from approximately RMB 105.4 million to about RMB 101.4 million, primarily due to a drop in integrated circuit chip costs from self-designed chips[42]. - Overall gross profit decreased by approximately 28.0% from about RMB 67.0 million to approximately RMB 48.3 million, with gross margin declining from 38.9% to 32.2%[43]. Financial Health and Liquidity - The company’s total assets as of December 31, 2023, were RMB 371,335,000, with a net asset value of RMB 370,219,000[14]. - The current ratio improved to 19.3 in 2023, compared to 9.9 in 2022, reflecting better liquidity management[15]. - As of December 31, 2024, the company's current liabilities amounted to RMB 10,624 thousand, an increase from RMB 1,878 thousand in 2023[61]. - The current ratio decreased from 19.3 in 2023 to 8.6 in 2024, while the quick ratio fell from 17.2 to 7.7, indicating a decline in liquidity[62]. - The company had cash and cash equivalents of approximately RMB 172.4 million as of December 31, 2024, down from RMB 183.8 million in 2023[68]. Corporate Governance - The board of directors emphasized a commitment to sustainable practices, aiming for a 30% reduction in carbon emissions by 2026[2]. - The company has established a suitable directors' and officers' liability insurance to cover potential legal claims against its directors and senior officers[183]. - The board is committed to fostering a corporate culture that aligns with the company's goals, values, and strategies[185]. - The company has adopted a Board Diversity Policy to promote and maintain diversity within the board, considering factors such as gender, age, and professional experience[200]. Risks and Challenges - The company anticipates continued uncertainty in the operating environment due to global economic factors, including trade protectionism and interest rate fluctuations[24]. - The company faces long-term business risks due to technological advancements and the rise of a paperless workplace, which may impact future business prospects[131]. - The company has faced various risks that could impact its financial condition and operational performance, including the inability to develop new products and intense competition[124]. Shareholder Information - Major shareholders include GMTL with 151,812,500 shares, representing 29.27% ownership, and Zhonghao with 97,500,000 shares, representing 18.80% ownership[152]. - The company has not made any payments to directors or top five highest-paid individuals as incentives for joining or post-termination compensation during the reporting period[137]. - The board does not recommend any final dividend for the year ending December 31, 2024[108].
美佳音控股(06939) - 2024 - 年度业绩
2025-03-31 13:44
Financial Performance - The group's revenue decreased by approximately 13.2% to about RMB 149,654,000 (2023: RMB 172,394,000) [3] - Gross profit for the period fell by approximately 28.0% to about RMB 48,251,000 (2023: RMB 66,977,000) [3] - Profit after tax for the period was approximately RMB 9,662,000, a decrease of about 58.4% (2023: RMB 23,212,000) [3] - Basic earnings per share decreased by approximately 57.8% to about RMB 0.019 (2023: RMB 0.045) [3] - Profit before tax decreased to RMB 9,662,000 in 2024 from RMB 23,212,000 in 2023, a decline of 58.3% [39] - Net profit after tax decreased by approximately 58.4% to about RMB 9.7 million, with the net profit margin dropping from 13.5% to 6.5% [68] - Total revenue decreased by approximately 13.2% from RMB 172.4 million to RMB 149.7 million for the year ended December 31, 2023 [52] - Overall gross profit decreased by approximately 28.0% from RMB 67.0 million to RMB 48.3 million, with gross margin declining from about 38.9% to 32.2% [58] Revenue Breakdown - Revenue from chip sales was RMB 122,457 thousand, down 16.9% from RMB 147,394 thousand in 2023 [25] - Revenue from external customers in China was RMB 106,577 thousand, a decline of 30.5% from RMB 153,472 thousand in 2023 [26] - Revenue from overseas customers increased significantly to RMB 43,077 thousand, up 127.5% from RMB 18,922 thousand in 2023 [26] - Revenue from compatible printer consumable chips fell by about 18.9% from RMB 142.2 million to RMB 115.8 million, primarily due to a decline in sales of laser and inkjet printer chips [53] - Revenue from other chips increased by approximately 45.4% from RMB 4.6 million to RMB 6.7 million, driven by higher sales of IoT products [54] - Revenue from the trading of integrated circuits and other printer consumable components rose by approximately 27.8% from RMB 21.3 million to RMB 27.2 million, mainly due to demand for ink cartridges and toner [55] Expenses and Costs - Research and development expenses increased to RMB 19,142,000 from RMB 16,282,000 [5] - The company reported a significant increase in research and development expenses, which rose to RMB 9,706,000 in 2024 from RMB 7,661,000 in 2023, reflecting a growth of 26.7% [32] - Sales and distribution expenses rose by approximately 39.4% to about RMB 9.9 million, driven by increased marketing activities to enhance the development of new IoT chip and online sales [65] - Administrative expenses decreased by approximately 9.5% to about RMB 22.9 million, mainly due to reduced costs related to material write-offs and lower sales-related taxes [66] - The cost of sales and services decreased from approximately RMB 105.4 million to RMB 101.4 million, primarily due to lower costs of integrated circuit chips [57] Assets and Liabilities - Total assets less current liabilities amounted to RMB 371,582,000 (2023: RMB 371,335,000) [6] - Non-current assets totaled RMB 79,235,000, an increase from RMB 25,731,000 in the previous year [6] - The total equity of the company was RMB 370,787,000, slightly up from RMB 370,219,000 in 2023 [7] - Trade receivables increased to RMB 67,349,000 in 2024 from RMB 58,433,000 in 2023, representing a growth of 15.5% [30] - Contract liabilities rose to RMB 524,000 in 2024 from RMB 395,000 in 2023, an increase of 32.6% [30] - Current assets decreased from approximately RMB 364.5 million to RMB 331.0 million, primarily due to the reallocation of funds to non-current bank deposits [69] - Inventory decreased from approximately RMB 40.5 million to RMB 33.7 million, mainly due to reduced raw material purchases [72] - Trade payables increased from RMB 6.2 million to RMB 18.0 million, primarily due to purchasing more printer-related products [75] Shareholder Information - Major shareholders include GMTL with approximately 29.27% equity, controlled by Mr. Zheng, and Loyal with approximately 18.80% equity, controlled by Mr. Yu [100][102] - Mr. Zheng holds 151,812,500 shares, representing 29.27% of the total shares [98] - Mr. Lin holds 86,250,000 shares, representing 16.63% of the total shares [100] Strategic Initiatives - The company plans to continue developing its Internet of Things (IoT) business strategy to leverage research capabilities and expand business scope [93] - The establishment of an online store aims to diversify sales platforms and enable the group to sell products overseas [93] - The core strategy includes enhancing product development capabilities and diversification, strengthening sales and marketing efforts to align with product portfolio expansion, and improving back-office functions to support business growth [94] - The company has initiated online sales for compatible printer consumables and toner, aiming to diversify sales channels and product categories [50] Economic Outlook - The economic outlook remains uncertain due to the US-China trade war and geopolitical tensions, impacting growth prospects [45] - The board anticipates that the economic instability will persist in the foreseeable future, affecting the potential for acquisitions in the integrated circuit design sector [117] Future Plans and Proceeds Utilization - Approximately 51.4% of the net proceeds will be used to enhance the company's product development capabilities and diversify its product offerings [109] - Approximately 16.8% of the net proceeds will be allocated for the acquisition of integrated circuit design companies to accelerate hardware design capabilities [109] - The expected timeline for the utilization of unutilized net proceeds is extended to December 31, 2024 [110] - The company plans to enhance its e-commerce presence by establishing online stores and increasing digital marketing efforts [123]
美佳音控股(06939) - 2024 - 中期财报
2024-09-23 11:02
2024 MEGAIN Holding (Cayman) Co., Ltd. 美佳音控股有限公司* (於開曼群島註冊成立的有限公司) 股份代號: 6939 僅供識別 目錄 2 釋義 5 公司資料 7 財務摘要 8 管理層討論與分析 19 其他資料 26 中期簡明綜合財務報表審閱報告 28 簡明綜合損益及其他全面收益表 29 簡明綜合財務狀況表 31 簡明綜合權益變動表 33 簡明綜合現金流量表 34 中期簡明綜合財務報表附註 釋義 於本報告內,除文義另有所指外,下列詞彙具有以下涵義: | --- | --- | --- | |----------------------------------------------|-------|------------------------------------------------------------------------------| | | | | | 「聯繫人」 指 具有上市規則所賦予的涵義 | | | | 「審核委員會」 指 董事會審核委員會 | | | | 「香港立信德豪會計師事務所 | | 指 執業會計師香港立信德豪會計師事務所有限公司 | | ...
美佳音控股(06939) - 2024 - 中期业绩
2024-08-29 13:11
Financial Performance - For the six months ended June 30, 2024, the group's revenue was approximately RMB 65,733,000, a decrease of about 24.5% compared to RMB 87,058,000 in the same period of 2023[1]. - The group's profit for the period was approximately RMB 405,000, a decrease of about 97.3% compared to RMB 14,932,000 in the same period of 2023[1]. - Gross profit for the six months ended June 30, 2024, was RMB 21,320,000, down from RMB 35,614,000 in the same period of 2023, representing a decline of approximately 40%[2]. - The company reported a profit attributable to owners of the company of RMB 405,000 for the six months ended June 30, 2024, a significant decrease of 97.3% compared to RMB 14,932,000 for the same period in 2023[21]. - Net profit decreased by approximately 97.3% from about RMB 14.9 million to about RMB 0.4 million, with the net profit margin dropping from 17.2% to 0.6%[49]. Revenue Breakdown - Sales of chips amounted to RMB 60,443 thousand, down 9.1% from RMB 66,473 thousand in the previous year[11]. - Revenue from integrated circuits and other printer consumables was RMB 5,290 thousand, a significant decline of 69.1% from RMB 17,142 thousand[11]. - External revenue from China was RMB 52,331 thousand, a decrease of 34.9% from RMB 80,422 thousand in the prior year[12]. - Revenue from the sale of compatible printer consumable chips decreased by approximately 12.8% from about RMB 66.5 million to approximately RMB 57.9 million[34]. - Revenue from the sale of integrated circuits and other printer consumables decreased by approximately 64.9% from about RMB 15.1 million to about RMB 5.3 million due to tightened credit control measures[36]. Expenses and Costs - Research and development expenses for the period were RMB 9,034,000, slightly increased from RMB 9,011,000 in the same period of 2023[2]. - Employee costs, including director remuneration, increased to RMB 12,193 thousand from RMB 11,721 thousand[15]. - Selling and distribution expenses increased by approximately 42.2% from about RMB 3.0 million to about RMB 4.2 million due to increased marketing activities[46]. - Pre-tax profit was impacted by inventory costs of RMB 39,236 thousand, a decrease from RMB 43,485 thousand in the previous year[16]. Assets and Liabilities - The total non-current assets as of June 30, 2024, amounted to RMB 31,510,000, an increase from RMB 25,731,000 as of December 31, 2023[3]. - Cash and cash equivalents as of June 30, 2024, were RMB 230,853,000, up from RMB 183,826,000 as of December 31, 2023[3]. - The total current liabilities as of June 30, 2024, were RMB 33,657,000, an increase from RMB 18,874,000 as of December 31, 2023[3]. - Trade receivables as of June 30, 2024, amounted to RMB 55,573,000, a decrease of 5.0% from RMB 58,433,000 as of December 31, 2023[23]. - Trade payables increased to RMB 13,369,000 as of June 30, 2024, compared to RMB 6,187,000 as of December 31, 2023, reflecting a growth of 116.3%[25]. Dividends and Shareholder Information - The company did not recommend any interim dividend for the six months ended June 30, 2024[1]. - The company declared a final dividend of RMB 9,286,000 for the six months ended June 30, 2024, down 48.3% from RMB 17,949,000 for the same period in 2023[19]. - As of June 30, 2024, major shareholders include GMTL with a 29.27% stake (151,812,500 shares) and Loyal with an 18.80% stake (97,500,000 shares)[69]. Future Outlook and Strategic Initiatives - The group expects better performance in the second half of 2024 compared to the first half, driven by the launch of new compatible printer chips with higher gross margins and cost reductions from self-designed integrated circuits[57]. - The company is actively seeking suitable acquisition opportunities to enhance hardware design capabilities and expand its presence in the compatible printer consumables industry[83]. - The company has entered the online sales business to increase sales channels and product categories, focusing on compatible printer consumables and toner[31]. Corporate Governance and Compliance - The company has adopted the corporate governance principles outlined in Appendix C1 of the listing rules to enhance internal control systems and ensure high levels of corporate governance[85]. - All directors have confirmed full compliance with the standard code for securities trading as per Appendix C3 of the listing rules during the relevant period[86]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited financial statements and confirmed compliance with applicable accounting standards and listing rules[87].
美佳音控股(06939) - 2023 - 年度财报
2024-04-25 11:04
Financial Performance - Revenue for the fiscal year 2023 reached a record high of $96.77 billion, driven by strong performance in the Chinese market[110] - The company's net profit increased by 15% year-over-year, reaching $23.45 billion[110] - Total assets grew by 10% to $350.67 billion, reflecting robust financial health[110] - Revenue for 2023 was RMB 172.394 million, a slight decrease from RMB 173.367 million in 2022[52] - Gross profit for 2023 was RMB 66.977 million, down from RMB 90.625 million in 2022[52] - Profit before tax for 2023 was RMB 27.353 million, a significant drop from RMB 54.434 million in 2022[52] - Net profit for 2023 was RMB 23.212 million, compared to RMB 44.892 million in 2022[52] - The company's overall gross profit decreased by 26.1% to approximately RMB 67.0 million in 2023, with the gross margin dropping from 52.3% to 38.9%[88] - The gross margin for compatible printer consumable chips fell from 62.6% in 2022 to 43.8% in 2023 due to increased material costs and price competition[89] - The company's net profit margin decreased from 25.9% in 2022 to 13.5% in 2023, primarily due to changes in revenue and expenses[93] - Gross profit margin decreased from 52.3% for the year ended December 31, 2022, to 38.9% for the same period in 2023, primarily due to reduced gross profit[119] - Net profit margin decreased from 25.9% for the year ended December 31, 2022, to 13.5% for the same period in 2023, mainly due to reduced net profit[120] Investments and R&D - The company plans to invest $5 billion in new technology research and development over the next three years[110] - The company developed 955 new chip models in 2023, including 199 for desktop laser printers and 756 for desktop inkjet printers, and upgraded 62 chip models[61] - The company is considering acquiring an integrated circuit design company to accelerate hardware design capabilities[149] - The company's core strength lies in its R&D capabilities, which are a key success factor in the industry[165] Market Expansion and Sales - Market expansion efforts in Southeast Asia resulted in a 20% increase in regional sales, totaling $12.34 billion[110] - Strategic partnerships with local distributors in emerging markets boosted sales by 25%[110] - Sales revenue from compatible printer consumable chips increased by 0.4% to approximately RMB 142.8 million in 2023, driven by a rise in sales of inkjet printer chips[85] - The company plans to launch more new models of compatible ink cartridge chips and strengthen the new business of IoT chips in 2024[146] - The company aims to enhance product development capabilities and diversify its product portfolio[147] - The company will strengthen sales and marketing efforts to support the expansion of its product portfolio[149] - The company aims to maintain and consolidate its position as a leading supplier of compatible printer consumable chips in China[163] - The company plans to expand its footprint in the compatible printer consumable industry through forward vertical integration[165] Acquisitions and Partnerships - The company completed the acquisition of a major competitor for $8.9 billion, enhancing its market position[110] Customer and User Growth - The company's customer base grew by 12%, reaching 1.5 billion active users globally[110] Product Launches - New product launches contributed $15.67 billion to revenue, accounting for 16% of total sales[110] Financial Forecasts - The company forecasts a 10-12% revenue growth for the next fiscal year, driven by new product lines and market expansion[110] Board and Governance - The company maintains a policy of having at least one female director on the board, currently represented by Ms. Yu Erhao[45] - The nomination committee held one meeting during the reporting period to review board composition and assess the independence of non-executive directors[39] - The company's board diversity policy emphasizes gender, age, cultural and educational background, professional qualifications, skills, knowledge, and industry experience[43] - The nomination committee is responsible for ensuring board diversity and reviews the implementation and effectiveness of the board diversity policy annually[45] - The company's board of directors is pleased to present the annual report and audited consolidated financial statements for the year ended December 31, 2023[186] Employee and Workforce - The company employed 148 staff (excluding directors) as of December 31, 2023, with a female-to-male ratio of 1.2 (81 females and 67 males)[46] - As of December 31, 2023, the company had approximately 154 full-time employees, with 134 based in China and 20 in Taiwan, Hong Kong, and overseas[145] Financial Position and Liquidity - As of December 31, 2023, the company's net current assets were approximately RMB 345.6 million, with current assets decreasing to RMB 364.5 million and current liabilities decreasing to RMB 18.9 million[94] - Property, plant, and equipment net book value decreased from RMB 5.9 million as of December 31, 2022, to RMB 4.9 million as of December 31, 2023, mainly due to the termination of certain leases and annual depreciation[95] - Intangible assets net book value increased from RMB 13.5 million as of December 31, 2022, to RMB 15.9 million as of December 31, 2023, primarily due to the acquisition of patents[96] - Deposits, prepayments, and other receivables increased from RMB 10.8 million as of December 31, 2022, to RMB 21.8 million as of December 31, 2023, mainly due to prepayments for property, plant, and equipment, intangible assets, raw materials, and subcontracting services for multiple R&D projects[97] - Trade payables decreased from RMB 11.7 million as of December 31, 2022, to RMB 6.2 million as of December 31, 2023, due to slower procurement of raw materials[98] - Inventory increased from RMB 20.6 million as of December 31, 2022, to RMB 40.5 million as of December 31, 2023, mainly due to increased procurement of raw materials, particularly wafers[111] - Trade receivables decreased from RMB 75.2 million as of December 31, 2022, to RMB 58.4 million as of December 31, 2023, due to improved collection efforts[112] - The company's current ratio increased from 9.9 as of December 31, 2022, to 19.3 as of December 31, 2023, and the quick ratio increased from 9.4 to 17.2, indicating healthy short-term liquidity[116] - The company's leverage ratio was 0.0% as of December 31, 2023 (0.3% as of December 31, 2022), indicating a robust financial position with no financial borrowings[124] - The company's cash and cash equivalents amounted to approximately RMB 183.8 million, and fair-valued financial products were RMB 60.0 million as of December 31, 2023[135] - The net current assets of the company were approximately RMB 345.6 million, and the net assets were RMB 370.2 million as of December 31, 2023[135] - The company subscribed to two financial products with a total principal of RMB 50 million, with annual interest rates ranging from 1.99% to 2.79% and maturity periods of 7 to 92 days[127] - The company's financial products accounted for approximately 5.1% and 7.7% of the total assets as of December 31, 2023[159] Dividends and Shareholder Returns - The company plans to distribute a final dividend of RMB 0.0179 per share for the fiscal year ending December 31, 2023[57] - The company paid a final dividend of approximately RMB 13,141,000 for the year ended December 31, 2021, and approximately RMB 17,949,000 for the year ended December 31, 2022[188] Company History and Structure - The company was incorporated in the Cayman Islands on June 22, 2016, and its shares were listed on the Main Board of the Hong Kong Stock Exchange on March 31, 2021[187] - The company's registered office is located at Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands[187] Leadership and Management - Mr. Wang Hua, CEO of the group and Zhuhai Meijia, has over 11 years of experience in the integrated circuit solutions industry and has been responsible for the overall management and operations of the company since 2017[196] - Ms. Lü Liang, CFO of the group, has extensive experience in financial management and joined the group in December 2019[197] - Mr. Chen Dajiang, an independent non-executive director, has over 20 years of experience in private equity investments across various industries, including semiconductors and life sciences[191] - Mr. Gao Yiping, an independent non-executive director, holds a Master of Science degree from National Taiwan University and is responsible for independently supervising the management of the group[194] - Mr. Hong Wenlong, a software department head at Meijia Yin Holdings (BVI) Taiwan Branch, has a background in electronic engineering and has been with the group since December 2015[200] - The company's secretary, Mr. Wong, has over 18 years of experience in the company secretarial field and has held various senior positions in listed companies[184] Operational Efficiency and Back-Office Support - The company will enhance back-office functions to support business growth[149] Future Plans and Strategies - The company has no significant investment or capital asset plans for the upcoming year as of December 31, 2023[165] - The company has no other significant investments during the relevant period[160]