ZHI SHENG GP(08370)

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智升集团控股(08370) - 2024 - 中期财报
2024-02-19 01:44
Financial Performance - The group reported revenue of RMB 25,492,000 for the three months ended December 31, 2023, a decrease of 25.8% compared to RMB 34,339,000 in the same period of 2022[2]. - Gross profit for the six months ended December 31, 2023, was RMB 5,611,000, representing a slight increase of 5.8% from RMB 5,305,000 in the previous year[2]. - The group incurred a net loss attributable to owners of the company of RMB 11,385,000 for the six months ended December 31, 2023, compared to a loss of RMB 12,235,000 in the same period of 2022, indicating a 6.9% improvement[2]. - The company reported a total loss before tax of RMB 11,385,000 for the six months ended December 31, 2023, slightly improved from a loss of RMB 11,880,000 in the same period of 2022[15]. - The company reported a net cash inflow from operating activities of RMB 4,146,000 for the six months ended December 31, 2023, compared to a net outflow of RMB 7,092,000 in the same period of 2022, indicating a significant improvement[8]. - The company’s total revenue for the six months ended December 31, 2023, was RMB 31,738,000, down from RMB 36,051,000 in the same period of 2022, reflecting a decrease of approximately 12.1%[15]. Assets and Liabilities - Total assets decreased from RMB 144,990,000 as of June 30, 2023, to RMB 133,450,000 as of December 31, 2023, reflecting a decline of 7.9%[3]. - The group’s total liabilities decreased from RMB 126,732,000 as of June 30, 2023, to RMB 122,755,000 as of December 31, 2023, a reduction of 3.1%[3]. - The company’s equity attributable to owners decreased from RMB 47,349,000 as of June 30, 2023, to RMB 37,769,000 as of December 31, 2023, a decline of 20.3%[4]. - The group reported a total of RMB 160,524,000 in total assets and RMB (122,755,000) in total liabilities as of December 31, 2023[18]. Revenue Segmentation - Revenue from the furniture manufacturing and sales segment was RMB 25,055,000 for the six months ended December 31, 2023, down from RMB 26,888,000 in the same period of 2022, reflecting a decrease of approximately 6.8%[15]. - The data center segment generated revenue of RMB 10,996,000 for the six months ended December 31, 2023, compared to RMB 12,133,000 in the same period of 2022, representing a decline of about 9.4%[15]. - Revenue from external customers in China for the six months ended December 31, 2023, was RMB 36,023,000, a decrease of 49% compared to RMB 70,732,000 in the same period of 2022[24]. Expenses and Costs - The company’s administrative and other expenses decreased to RMB 8,331,000 for the six months ended December 31, 2023, down from RMB 10,391,000 in the previous year, reflecting a reduction of 20.9%[2]. - The company incurred financing costs of RMB 5,501,000 for the six months ended December 31, 2023, compared to RMB 4,996,000 in the same period of 2022, indicating an increase of about 10.1%[8]. - Selling and distribution expenses were approximately RMB 35 million, a decrease of about RMB 1 million or approximately 3.8% year-on-year, attributed to reduced showroom renovation costs[85]. - Administrative and other expenses were approximately RMB 96 million, a decrease of about RMB 20 million or approximately 17.1% year-on-year, with significant reductions in legal and professional fees[86]. Cash Flow and Financing - The group recognized a foreign exchange gain of RMB 1,529,000 for the six months ended December 31, 2023, compared to a loss of RMB 1,895,000 in the same period of 2022[6]. - The company’s investment activities resulted in a net cash outflow of RMB 54,000 for the six months ended December 31, 2023, compared to a net inflow of RMB 13,042,000 in the same period of 2022[9]. - The company reported interest income from loans receivable of RMB 1,497,000 for the six months ended December 31, 2023, compared to RMB 1,537,000 in the same period of 2022[21]. Shareholder Information - As of December 31, 2023, Mr. Ma holds 245,300,400 shares, representing approximately 27.04% of the company's issued share capital[119]. - Mr. Yi has a beneficial interest in 80,400,000 shares, accounting for about 8.86% of the issued share capital[119]. - The total number of issued ordinary shares as of December 31, 2023, is 907,333,333[127]. Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited consolidated financial statements for the six months ending December 31, 2023, and found them compliant with applicable accounting standards[144]. - The company has adhered to the corporate governance code as per GEM listing rules throughout the reporting period[150].
智升集团控股(08370) - 2024 - 中期业绩
2024-02-14 09:26
Financial Performance - For the six months ended December 31, 2023, the company's revenue was RMB 36,051,000, a decrease of 49.1% compared to RMB 70,759,000 for the same period in 2022[4] - The gross profit for the six months was RMB 5,611,000, representing a slight increase of 5.8% from RMB 5,305,000 in the previous year[4] - The operating loss for the six months was RMB 5,884,000, a decrease of 14.4% compared to RMB 6,884,000 in the same period last year[4] - The net loss attributable to the owners of the company for the six months was RMB 11,385,000, compared to RMB 12,235,000 in the previous year, indicating a 6.9% improvement[4] - The company reported a basic and diluted loss per share of RMB 1.25 for the six months ended December 31, 2023, compared to RMB 1.35 for the same period in 2022[4] - The company incurred a loss before income tax of RMB 11,385,000 for the six months ended December 31, 2023, slightly improved from a loss of RMB 11,880,000 in the same period of 2022[20] - The group recorded a total revenue of approximately RMB 36.1 million, a decrease of about RMB 34.7 million or approximately 49.1% compared to the previous year[64] - The group reported a loss of approximately RMB 11.4 million during the reporting period, compared to a loss of approximately RMB 12.2 million in the same period last year[64] Assets and Liabilities - As of December 31, 2023, total assets amounted to RMB 133,450,000, down from RMB 144,990,000 as of June 30, 2023[5] - The total liabilities decreased to RMB 122,755,000 from RMB 126,732,000, showing a reduction of 3.1%[5] - The total equity attributable to the owners of the company as of December 31, 2023, was RMB 37,769,000, down from RMB 47,349,000 as of June 30, 2023[7] - The company’s total liabilities, including convertible bonds and undistributed corporate liabilities, were RMB (122,755,000) as of December 31, 2023, compared to RMB (126,732,000) as of June 30, 2023[24] - The company’s total liabilities decreased to RMB 36,590,000 as of December 31, 2023, from RMB 39,614,000 on June 30, 2023[52] Cash Flow and Financing - The company reported a cash flow from operating activities of RMB 4,146,000, compared to a cash outflow of RMB 7,092,000 in the same period of 2022, indicating a significant improvement[12] - The net cash generated from financing activities was RMB (3,059,000), compared to RMB (3,160,000) in the previous year, indicating a stable financing situation[13] - The total cash and cash equivalents at the end of the period increased to RMB 34,804,000 from RMB 32,170,000, representing a growth of 8.1%[13] - The company has provided land and buildings in Chengdu as collateral for a financing arrangement of up to RMB 60 million for a third party[109] Segment Performance - The furniture manufacturing and sales segment generated revenue of RMB 25,055,000, a decrease of 6.8% from RMB 26,888,000 in the previous year[20] - The data center segment reported revenue of RMB 10,996,000, down from RMB 12,133,000, reflecting a decline of 9.4% year-over-year[20] - Revenue from external customers in China for the six months ended December 31, 2023, was RMB 36,023,000, down 49% from RMB 70,732,000 in the same period of 2022[29] - The group achieved revenue of approximately RMB 25.1 million from furniture manufacturing and sales, a decrease of about RMB 1.8 million or approximately 6.8% compared to the same period last year[57] - The data center segment generated revenue of approximately RMB 11.0 million, down by about RMB 1.2 million or approximately 9.4% year-on-year[61] Operational Strategy - The company continues to focus on expanding its data center services in both China and Hong Kong, alongside its furniture manufacturing operations[21] - The group plans to focus resources on expanding marketing channels and stabilizing the southwestern market while considering expansion beyond this region when conditions allow[65] - The group aims to broaden its customer base by targeting more hotel and school clients and will hold product introduction events to attract retail customers[65] - The group will enhance research and development efforts to create differentiated value for customers, aiming to attract new clients and retain existing ones[65] - The group intends to strengthen supply chain management and control costs to improve operational efficiency and service capabilities[65] Corporate Governance - The audit committee reviewed the unaudited consolidated financial statements for the six months ended December 31, 2023, and confirmed compliance with applicable accounting standards and GEM listing rules[116] - All directors have adhered to the GEM listing rules regarding securities trading during the six months ended December 31, 2023[117] - The company has maintained high standards of corporate governance and has complied with the applicable provisions of the corporate governance code during the announcement period[121] Shareholder Information - The company approved a share consolidation, merging every ten shares of HKD 0.01 each into one share of HKD 0.1, effective February 14, 2024[102] - The authorized share capital will increase from HKD 15 million to HKD 30 million by adding 150 million new consolidated shares[102] - Upon full conversion of the 2024 convertible bonds at an initial conversion price of HKD 0.683, a total of 18,155,197 shares will be issued, representing approximately 20.01% of the total shares in issue as of the announcement date[103]
智升集团控股(08370) - 2024 Q1 - 季度财报
2023-11-13 09:35
Financial Performance - For the three months ended September 30, 2023, the company's revenue was RMB 10,559,000, a decrease of 71% compared to RMB 36,420,000 for the same period in 2022[2]. - The gross profit for the same period was RMB 1,532,000, down 23.2% from RMB 1,994,000 year-on-year[2]. - Operating loss for the three months was RMB 3,033,000, an improvement from a loss of RMB 4,333,000 in the previous year[2]. - The net loss attributable to the owners of the company for the period was RMB 5,795,000, compared to RMB 7,123,000 in the same period last year, reflecting an 18.7% reduction in losses[2]. - The basic and diluted loss per share for the period was RMB 0.64, compared to RMB 0.79 for the same period in 2022[2]. - The total comprehensive loss for the period was RMB 6,067,000, down from RMB 10,682,000 in the previous year, indicating a 43.3% decrease in total comprehensive losses[2]. - The company reported a foreign exchange loss of RMB 272,000 for the period, compared to a loss of RMB 3,559,000 in the same period last year[2]. - The group reported a net loss of RMB 5,795,000 for the three months ended September 30, 2023, compared to a net loss of RMB 7,123,000 for the same period in 2022[30]. - The group recorded a loss before tax of RMB 5,795 thousand for the three months ended September 30, 2023, compared to a loss of RMB 6,769 thousand for the same period in 2022[11]. - The group reported a total receivable from related companies of RMB 52,244,000 as of September 30, 2023, compared to RMB 51,503,000 as of June 30, 2023, indicating a slight increase of 1.44%[97]. Revenue Breakdown - The furniture manufacturing and sales segment generated revenue of RMB 5,087 thousand, down 40% from RMB 8,439 thousand year-over-year[11]. - The data center segment reported revenue of RMB 5,472 thousand, a decrease of 6% from RMB 5,815 thousand in the previous year[11]. - The construction management services segment contributed RMB 22,166 thousand, which was not present in the previous year's results[11]. - Revenue from furniture sales was RMB 5,087,000, down 40% from RMB 8,439,000 year-on-year[21]. - Data center business revenue was RMB 5,472,000, a decline of 6% from RMB 5,815,000 in the previous year[21]. - The overall revenue for the group was approximately RMB 10.6 million, a decrease of about RMB 25.8 million or approximately 71.0% compared to the previous year[47]. - The construction management services segment reported no revenue during the period, as no new projects were initiated, leading to a significant decline in overall group revenue[54]. Expenses and Costs - Unallocated expenses for the period were RMB 1,078 thousand, down from RMB 2,142 thousand in the previous year[12]. - Financing costs increased to RMB 2,762,000, up from RMB 2,436,000 in the previous year, primarily due to higher interest expenses on convertible bonds[24]. - Sales and distribution expenses for the reporting period were approximately RMB 1.3 million, a decrease of about RMB 0.7 million or 36.3% compared to RMB 2.0 million in the same period last year[63]. - Administrative and other expenses amounted to approximately RMB 4.1 million, down by about RMB 1.9 million or 32.0% from RMB 6.0 million year-on-year[65]. - Financing costs increased to approximately RMB 2.8 million, representing a year-on-year increase of about 13.4% from RMB 2.4 million, primarily due to higher interest expenses from convertible bonds[66]. Corporate Governance - The audit committee reviewed the unaudited consolidated financial statements for the three months ended September 30, 2023, and confirmed compliance with applicable accounting standards and GEM listing rules[100]. - The group confirmed that all directors complied with the code of conduct regarding securities trading during the reporting period[103]. - The group’s governance practices are based on the GEM listing rules, and it has adhered to the applicable code provisions during the reporting period, with some exceptions noted[106]. - The company held its annual general meeting on October 20, 2023, with all board members present to address shareholder questions[110]. - The board of directors is committed to reviewing and implementing appropriate measures to comply with corporate governance codes[110]. - The company has no chairman of the board during the reporting period, with responsibilities assumed by the CEO[110]. Future Outlook and Strategy - The company plans to continue focusing on its core segments while exploring opportunities for market expansion and new product development[19]. - The group aims to expand its data center business by enhancing promotional activities and diversifying service offerings, including cloud computing and disaster recovery services[50]. - The group plans to establish its own data center to reduce reliance on external suppliers and enhance competitiveness[50]. - The group plans to focus resources on stabilizing and expanding the market in the southwestern region of China, aiming to recover and solidify its market position[48]. - The group intends to enhance research and development efforts to create differentiated value for customers and attract new clients[48]. - The group aims to improve operational efficiency and service capabilities by controlling costs and managing the supply chain effectively[48]. - The group maintains a cautiously optimistic outlook for the future market despite the ongoing adjustments in the real estate market[48]. Shareholder Information - As of September 30, 2023, key executives held significant equity interests, with Mr. Ma Minghui owning 27.04% of the issued share capital[80]. - As of September 30, 2023, the total number of issued ordinary shares is 907,333,333[85]. - Sun Universal Limited holds 245,300,400 shares, representing approximately 27.04% of the issued share capital[85]. - Brilliant Talent Global Limited owns 116,580,000 shares, accounting for approximately 12.85% of the issued share capital[85]. - Even Joy Holdings Limited has a stake of 46,800,000 shares, which is about 5.15% of the issued share capital[85]. - The company has a total of 65,000,000 shares available for issuance under the share option plan, representing approximately 7.16% of the issued shares as of the report date[88]. - The share option plan was adopted on December 19, 2016, and has approximately 3 years and 3 months remaining until expiration[88]. - The company granted an option to Mr. Lai for up to 100,000,000 shares, which would represent about 11.02% of the current issued share capital if fully exercised[90]. - Mr. Li has an option for up to 2,000,000 shares, equivalent to approximately 0.2204% of the current issued share capital[90]. - No convertible bonds were exercised by Even Joy during the reporting period, which could have allowed for the conversion of up to 46,800,000 shares[87]. - The company has not granted, exercised, canceled, or allowed any options to lapse under the share option plan other than those mentioned[90].
智升集团控股(08370) - 2024 Q1 - 季度业绩
2023-11-07 08:35
ZHI SHENG GROUP HOLDINGS LIMITED 智昇集團控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:8370) 截至2023年9月30日止三個月之 第一季度業績公告 香港聯合交易所有限公司(「聯交所」)GEM的特色 GEM的定位,乃為中小型公司提供一個上市的市場,此等公司相比起其他在聯交所上 市的公司帶有較高投資風險。有意投資的人士應瞭解投資於該等公司的潛在風險,並應 經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司,於GEM買賣的證券可能會較於聯交所主板買賣 的證券承受較大的市場波動風險,同時無法保證於GEM買賣的證券會有高流通市場。 香港交易及結算所有限公司及聯交所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,概不對因本公告或任何部分內容而產生或因依賴該等內 容而引致之任何損失承擔任何責任。 本公告乃遵照聯交所GEM證券上市規則(「GEM上市規則」)之規定提供有關智昇集團控 股有限公司(「本公司」)及其附屬公司(統稱「本集團」)之資料。本公司董事(「董事」)各 自對本公告共同及個別承擔全部責任,董事在作出一切合理查詢後確 ...
智升集团控股(08370) - 2023 - 年度财报
2023-09-28 08:46
Financial Performance - The company reported a decline in real estate development investment by 8.5% year-on-year and a decrease in commercial housing sales area by 6.5% from January to July 2023[7]. - The furniture manufacturing and sales segment achieved revenue of approximately RMB 48.3 million, a decrease of about RMB 28.5 million or approximately 37.1% compared to the previous reporting period[20]. - The data center segment reported revenue of approximately RMB 23.6 million, a decrease of about RMB 11.3 million or approximately 32.4% compared to the previous reporting period[24]. - The construction management service segment recognized revenue of approximately RMB 38.9 million, a decrease of about RMB 21.9 million or approximately 35.9% compared to the previous reporting period[25]. - The total revenue for the group during the reporting period was approximately RMB 110.8 million, a decrease of about RMB 61.7 million or approximately 35.8% compared to the previous reporting period[25]. - The group recorded a loss of approximately RMB 79.2 million during the reporting period, compared to a loss of approximately RMB 73.7 million in the previous reporting period[25]. - The group achieved revenue of approximately RMB 110.8 million, a decrease of about RMB 61.7 million or 35.8% compared to the previous reporting period[30]. - Revenue from the data center segment was approximately RMB 23.6 million, a decrease of about RMB 11.3 million or 32.4% compared to the previous year[32]. - The group confirmed revenue from the construction management services segment of approximately RMB 38.9 million, down RMB 21.9 million or 35.9% year-on-year[32]. - Selling and distribution expenses decreased by approximately RMB 5.4 million or approximately 46.0%, attributed to strict control of daily expenses and reduced ineffective spending[40]. - Administrative and other expenses increased by approximately RMB 13.2 million or approximately 19.0%, largely due to asset impairment losses related to pledged properties[42]. - The company reported a loss attributable to owners of approximately RMB 79.2 million for the year, compared to a loss of RMB 73.7 million in the previous reporting period, marking an increase in loss of about 6.7%[46]. - Revenue decreased by approximately 35.8% compared to the previous reporting period, while sales costs decreased by about 38.6%, leading to an increase in gross profit of approximately RMB 1.1 million[47]. Market Strategy - The company aims to focus on the southwestern region, particularly Sichuan Province, to stabilize market share amidst economic uncertainties[7]. - The company plans to strengthen its marketing channels and recover its market position in Southwest China while considering expansion beyond the region when conditions permit[13]. - The company is actively seeking opportunities to expand its business scope, particularly in the data center sector, to enhance future profitability[16]. - The company aims to expand its customer base and enhance the profitability of its data center business through management services and strategic partnerships[16]. - The group plans to focus resources on stabilizing and expanding the market in the southwestern region of China, while also exploring opportunities in other regions when conditions permit[27]. Operational Efficiency - The company has implemented strict cost control measures and actively collected overdue receivables, achieving positive operational results[7]. - The company is focused on reducing operational costs to maintain competitiveness amid increasing market competition in the furniture industry[17]. - The group intends to strengthen supply chain management and control, improve production processes, and reduce costs to enhance operational efficiency[27]. - The company has established strategic partnerships with leading data center operators to gain competitive advantages in leasing prices[14]. Investment and Financial Products - The company has invested RMB 10 million in three financial products, with one product amounting to RMB 4 million overdue, leading to an estimated investment loss of RMB 9.5 million[12]. - The group has three financial products with a total principal amount of RMB 10 million that have not been redeemed[79]. - The group has made a provision for investment loss of approximately RMB 9.5 million due to high redemption risk[80]. - One financial product issued by Zhongzhi International Investment Holdings Group has a principal amount of RMB 4 million and has been overdue since August 2023[83]. - Two financial products issued by Zhongzhi Automobile Anhui Co., Ltd. have principal amounts of RMB 3 million each, with one starting from April 4, 2023, and the other from April 20, 2023, both of which are not yet due[83]. Corporate Governance - The company has adhered to the corporate governance code, with the exception of the separation of roles between the chairman and the CEO[84]. - The board of directors consists of eight members, including four executive directors, one non-executive director, and three independent non-executive directors[88]. - The board is responsible for leading and controlling the company, making decisions on major policies, strategies, and financial matters[87]. - The board will continue to review and implement appropriate measures to comply with corporate governance code requirements[85]. - The company has taken legal measures to pursue the defaulting issuers of overdue products to recover investment losses[80]. - The company held its annual general meeting on December 9, 2022, with all directors present, ensuring effective communication with shareholders[84]. - The company held six board meetings, three audit committee meetings, one remuneration committee meeting, and one nomination committee meeting during the reporting period[90]. - The attendance of directors at meetings was high, with all independent non-executive directors attending 100% of the meetings they were eligible for[90]. - The company has appointed three independent non-executive directors, constituting over one-third of the board, ensuring adequate independence to protect shareholder interests[92]. - The independent non-executive directors have extensive business and financial expertise, contributing significantly to the board's decision-making processes[92]. - The company secretary attended all scheduled board meetings to report on governance, risk management, compliance, and financial matters[92]. - The company has established a policy for the rotation of directors, requiring one-third of the board to retire at each annual general meeting[94]. - All directors are encouraged to participate in continuous professional development to enhance their knowledge and skills[97]. - The company has confirmed the independence of its independent non-executive directors in accordance with GEM Listing Rules[98]. - The CEO is responsible for managing the group's business and implementing the policies set by the board[102]. - The company maintains a robust internal control and risk management system, reviewed by the audit committee[90]. - The audit committee consists of three independent non-executive directors, with Mr. Chan as the chairman, overseeing the effectiveness of internal controls and risk management systems[103]. - The remuneration committee, chaired by Mr. Chan, is responsible for recommending overall remuneration policies for all directors and senior management, ensuring no self-determination of remuneration by directors[104]. - The company has adopted a share option scheme as an incentive for directors and eligible participants, linking discretionary bonuses and other remuneration to the group's performance[108]. Risk Management - The group identified and classified major risks as strategic, compliance, operational, and financial risks[140]. - The company has established a corporate risk management framework since 2016 to manage various risks[138]. - The internal audit team conducted a series of daily audits and assessments to identify and evaluate the group's risks[135]. - The internal audit team will continue to review the internal control and risk management systems annually[142]. Shareholder Information - The company did not recommend the declaration or payment of any interim or final dividends for the year ending June 30, 2023[159]. - The board has implemented a diversity policy, with the current board comprising one female and seven male directors, achieving satisfactory gender diversity[121]. - The employee gender ratio, including senior management, is approximately 70:30, indicating a commitment to promoting diversity at all levels[121]. - The company has adopted the GEM Listing Rules regarding directors' securities trading conduct, confirming compliance by all directors during the reporting period[122]. - The company will hold its annual general meeting on October 20, 2023[125]. Employee and Management Information - The total employee cost for the reporting period was approximately RMB 183 million, a decrease from RMB 383 million in the previous reporting period[75]. - During the reporting period, the remuneration for senior management (excluding directors) ranged from RMB 0 to 1,000,000 for three individuals[107]. - The auditor's fees for the reporting period totaled HKD 730,000, with HKD 720,000 for annual audit services and HKD 10,000 for non-audit services[117].
智升集团控股(08370) - 2023 - 年度业绩
2023-09-22 14:17
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 依 賴 該 等 內 容 而 引 致 之 任 何 損 失 承 擔 任 何 責 任。 ZHI SHENG GROUP HOLDINGS LIMITED 智昇集團控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號︰8370) 截 至2023年6月30日 止 年 度 全 年 業 績 公 告 香 港 聯 合 交 易 所 有 限 公 司(「聯 交 所」)GEM的 特 色 GEM之 定 位,乃 為 中 小 型 公 司 提 供 一 個 上 市 的 市 場,此 等 公 司 相 比 起 其 他 在 主 板 上 市 的 公 司 帶 有 較 高 投 資 風 險。有 意 投 資 的 人 士 應 了 解 投 資 於 該 等 公 司 的 潛 在 風 險,並 應 經 過 審 慎 周 詳 的 考 慮 後 方 作 出 投 資 決 ...
智升集团控股(08370) - 2023 Q3 - 季度财报
2023-05-12 12:01
Financial Performance - The company's revenue for the three months ended March 31, 2023, was RMB 17,460,000, a decrease of 50.1% compared to RMB 35,016,000 for the same period in 2022[3]. - Gross profit for the nine months ended March 31, 2023, was RMB 7,546,000, representing an increase of 4.9% from RMB 7,190,000 for the same period in 2022[3]. - The operating loss for the nine months ended March 31, 2023, was RMB 10,939,000, a significant improvement compared to an operating loss of RMB 26,738,000 for the same period in 2022[3]. - The net loss attributable to the owners of the company for the nine months ended March 31, 2023, was RMB 18,678,000, compared to RMB 32,389,000 for the same period in 2022, indicating a reduction of 42.5%[3]. - The company reported a basic and diluted loss per share of RMB 2.06 for the nine months ended March 31, 2023, down from RMB 3.57 for the same period in 2022[3]. - The total comprehensive loss for the nine months ended March 31, 2023, was RMB 19,864,000, compared to RMB 31,190,000 for the same period in 2022, reflecting a decrease of 36.5%[4]. - The overall loss before tax for the nine months was RMB 18,369 thousand, improving from a loss of RMB 32,761 thousand in the previous year[12]. - The company reported a net loss of RMB 18,678 thousand for the nine months ended March 31, 2023, an improvement from a net loss of RMB 32,389 thousand for the same period in 2022[30]. Revenue Breakdown - For the nine months ended March 31, 2023, total revenue was RMB 88,219 thousand, a decrease of 19.7% compared to RMB 109,820 thousand for the same period in 2022[12]. - The furniture manufacturing and sales segment generated revenue of RMB 36,988 thousand, down 11.4% from RMB 42,000 thousand in the previous year[12]. - The data center segment reported revenue of RMB 18,028 thousand, an increase of 9.5% from RMB 16,457 thousand in the prior year[12]. - The construction management services segment earned RMB 33,203 thousand, a decline of 35.4% compared to RMB 51,363 thousand in the same period last year[12]. - Revenue from external customers in mainland China for the nine months was RMB 88,179 thousand, down 19.5% from RMB 109,544 thousand in the previous year[17]. - Revenue from furniture sales for the three months ended March 31, 2023, was RMB 10,100 thousand, slightly up from RMB 9,894 thousand in the same period of 2022[21]. - Data center business revenue increased to RMB 5,895 thousand for the three months ended March 31, 2023, compared to RMB 5,439 thousand in the same period of 2022, reflecting a growth of 8.4%[21]. - The company's revenue from construction management services for the nine months ended March 31, 2023, was RMB 33,203 thousand, a decrease of 35.4% from RMB 51,363 thousand in the same period of 2022[21]. Cost and Expenses - The group's total cost of sales was approximately RMB 80.7 million, a decrease of about RMB 21.9 million or approximately 21.4% compared to the previous year[50]. - Sales and distribution expenses for the reporting period were approximately RMB 5.0 million, a decrease of about RMB 1.0 million or 17.6% compared to the same period last year[60]. - Administrative and other expenses for the reporting period were approximately RMB 17.6 million, a decrease of about RMB 14.7 million or 45.5% year-on-year[61]. - Financing costs increased to approximately RMB 7.4 million, up about 23.4% from RMB 6.0 million in the same period last year[64]. Strategic Plans - The company plans to continue its market expansion and product development strategies to enhance its competitive position in the industry[6]. - The company plans to strengthen resource allocation in the southwestern market and expand into other regions as conditions permit, focusing on new product development and marketing channel expansion[45]. - The company aims to enhance supply chain management and control costs to improve the operational situation of the furniture segment[45]. - The data center business will seek opportunities to expand its scope and enhance profitability, capitalizing on national policies promoting data center development[45]. - The company will implement employee incentive mechanisms to maintain market share and reasonable profit margins in the southwestern region[45]. Shareholder Information - As of March 31, 2023, Mr. Ma held 245,300,400 shares, representing approximately 27.04% of the issued share capital[72]. - Mr. Yi held 116,580,000 shares, representing approximately 12.85% of the issued share capital[72]. - Mr. Lai held 100,000,000 shares, representing approximately 11.02% of the issued share capital[72]. - The total number of issued ordinary shares as of March 31, 2023, is 907,333,333 shares[80]. Compliance and Governance - The audit committee reviewed the unaudited consolidated financial statements for the nine months ending March 31, 2023, confirming compliance with applicable accounting standards and GEM Listing Rules[90]. - The company has adhered to the corporate governance code as per GEM Listing Rules throughout the reporting period[96].
智升集团控股(08370) - 2023 Q3 - 季度业绩
2023-05-12 11:57
ZHI SHENG GROUP HOLDINGS LIMITED 智昇集團控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號︰8370) 截至2023年3月31日止九個月之 第三季度業績公告 香港聯合交易所有限公司(「聯交所」)GEM的特色 GEM的定位,乃為中小型公司提供一個上市的市場,此等公司相比起其他在主板上市 的公司帶有較高投資風險。有意投資的人士應瞭解投資於該等公司的潛在風險,並應經 過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司,於GEM買賣的證券可能會較於聯交所主板買賣 的證券承受較大的市場波動風險,同時無法保證於GEM買賣的證券會有高流通市場。 香港交易及結算所有限公司及聯交所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,概不對因本公告或任何部分內容而產生或因依賴該等內 容而引致之任何損失承擔任何責任。 本公告乃遵照聯交所GEM證券上市規則(「GEM上市規則」)之規定提供有關智昇集團控 股有限公司(「本公司」)及其附屬公司(統稱「本集團」)之資料。本公司董事(「董事」)各 自對本公告共同及個別承擔全部責任,董事在作出一切合理查詢後確認 ...
智升集团控股(08370) - 2023 - 中期财报
2023-02-14 08:42
Financial Performance - For the three months ended December 31, 2022, the company reported revenue of RMB 34,339,000, an increase from RMB 26,331,000 in the same period of 2021, representing a growth of 30.4%[2] - The gross profit for the six months ended December 31, 2022, was RMB 5,305,000, compared to RMB 1,982,000 for the same period in 2021, indicating a significant increase of 167.5%[2] - The company reported a net loss attributable to owners of RMB 5,112,000 for the three months ended December 31, 2022, compared to a loss of RMB 12,035,000 in the same period of 2021, representing a 57.5% improvement[2] - The company reported a net loss of RMB 12,235,000 for the six months ended December 31, 2022, compared to a net loss of RMB 28,394,000 for the same period in 2021, representing a 57.1% improvement in losses year-over-year[6] - The overall loss before tax for the six months was RMB 11,880 thousand, a significant improvement from a loss of RMB 29,214 thousand in the same period last year[15] Assets and Liabilities - The total assets as of December 31, 2022, amounted to RMB 228,017,000, down from RMB 269,810,000 as of June 30, 2022, reflecting a decrease of 15.5%[3] - The company's net assets as of December 31, 2022, were RMB 115,882,000, compared to RMB 127,921,000 as of June 30, 2022, indicating a decline of 9.4%[4] - The company’s total liabilities decreased to RMB 112,135,000 as of December 31, 2022, from RMB 141,899,000 as of June 30, 2022, a reduction of 21.1%[4] - The company’s total equity as of December 31, 2022, was RMB 115,882,000, a decrease from RMB 146,670,000 at the end of the previous reporting period[6] Cash Flow - The cash and cash equivalents as of December 31, 2022, were RMB 32,170,000, an increase from RMB 28,936,000 as of June 30, 2022, showing a growth of 8.0%[3] - Operating cash flow for the six months ended December 31, 2022, was a net outflow of RMB 7,092,000, a significant decrease from a net inflow of RMB 34,456,000 in the prior year[7] - The company experienced a decrease in cash and cash equivalents, ending the period with RMB 32,170,000, down from RMB 45,471,000 at the end of the previous year[8] Revenue Segmentation - The total revenue for the six months ended December 31, 2022, was RMB 70,759 thousand, a decrease of 5.4% compared to RMB 74,804 thousand for the same period in 2021[15] - The furniture manufacturing and sales segment generated revenue of RMB 26,888 thousand, down 16.5% from RMB 32,106 thousand in the previous year[15] - The data center segment reported revenue of RMB 12,133 thousand, an increase of 10.1% from RMB 11,018 thousand in the prior year[15] - The construction management services segment achieved revenue of RMB 31,738 thousand, slightly up from RMB 31,680 thousand in the previous year[15] Expenses and Costs - The company’s basic and diluted loss per share for the six months ended December 31, 2022, was RMB 1.35, an improvement from RMB 3.13 in the same period of 2021, reflecting a decrease of 56.9%[2] - The company’s depreciation expenses for right-of-use assets decreased to RMB 1,923,000 from RMB 7,394,000 in the previous year, reflecting a 74.0% reduction[7] - The group recorded a loss of approximately RMB 12.2 million during the reporting period, a reduction from a loss of approximately RMB 28.4 million in the same period last year[80] - The sales cost for the group was approximately RMB 65.5 million, a decrease of about RMB 7.3 million or approximately 10.1% compared to the previous year[90] Credit and Receivables - Trade receivables increased to RMB 18.553 million as of December 31, 2022, from RMB 11.883 million as of June 30, 2022, marking a 56.2% increase[38] - The net trade receivables after provision for losses were RMB 10.646 million as of December 31, 2022, compared to RMB 4.908 million as of June 30, 2022, indicating a 116.5% increase[39] - The provision for trade receivables increased to RMB 7.907 million as of December 31, 2022, from RMB 6.975 million as of June 30, 2022, reflecting a 13.3% rise[42] - The total expected credit loss for trade receivables was RMB 15 million as of December 31, 2022, with a net value of RMB 9.109 million after accounting for expected losses[43] Corporate Governance and Compliance - The audit committee has reviewed the unaudited consolidated financial statements for the six months ended December 31, 2022, and found them compliant with applicable accounting standards and GEM listing rules[136] - The company has adhered to the corporate governance code applicable since the listing date[142] - There were no changes in director information that required disclosure under GEM listing rules during the reporting period[140] Future Outlook and Strategy - The company is focusing on expanding its data center services in China and Hong Kong, enhancing its IT management services[22] - The company plans to continue investing in new technologies and products to drive future growth and market expansion[22] - The group aims to enhance its data center business profitability by leveraging national strategies to develop data centers and expanding its service offerings[83] - The company plans to stabilize its market share in the southwest region while exploring opportunities for expansion beyond that area as market conditions improve[81]
智升集团控股(08370) - 2023 Q1 - 季度财报
2022-11-14 10:01
Financial Performance - The group's revenue for the three months ended September 30, 2022, was RMB 36,420,000, a decrease of 24.8% compared to RMB 48,473,000 for the same period in 2021[2] - Gross profit for the same period was RMB 1,994,000, showing a slight increase of 3.3% from RMB 1,930,000 in 2021[2] - Operating loss for the three months was RMB 4,333,000, significantly improved from a loss of RMB 14,877,000 in the previous year, indicating a reduction of 70.9%[2] - The net loss attributable to the owners of the company for the period was RMB 7,123,000, down from RMB 16,359,000 in the prior year, representing a 56.5% improvement[2] - The company reported a basic and diluted loss per share of RMB 0.79, compared to RMB 1.80 for the same period last year[2] - The company recorded a loss before tax of RMB 6,769,000, significantly improved from a loss of RMB 16,500,000 in the prior year[18] - The company reported a loss of RMB 7,123,000 for the three months ended September 30, 2022, an improvement from a loss of RMB 16,359,000 in the same period last year[28] Revenue Breakdown - The furniture manufacturing and sales segment generated revenue of RMB 8,439,000, down 29.5% from RMB 11,915,000 in the previous year[18] - The data center segment reported revenue of RMB 5,815,000, slightly up from RMB 5,768,000 year-on-year[18] - The construction management services segment earned RMB 22,166,000, a decline of 28.2% from RMB 30,790,000 in the same quarter last year[18] - Furniture product sales were RMB 8,439,000, down 29.5% from RMB 11,915,000 year-on-year[20] - Data center business revenue was RMB 5,815,000, slightly up by 0.8% from RMB 5,768,000 in the previous year[20] - Construction management services revenue decreased by 28.3% to RMB 22,166,000 from RMB 30,790,000 in the same period last year[20] Expenses and Costs - Administrative and other expenses decreased significantly to RMB 5,105,000 from RMB 14,296,000, a reduction of 64.3%[2] - The group's sales cost for the reporting period was approximately RMB 344 million, a decrease of about RMB 121 million or 26.0% compared to the same period last year[43] - The furniture manufacturing and sales segment reported a sales cost of approximately RMB 90 million, down RMB 34 million or 27.2% year-on-year, with a larger decline in gross margin due to a decrease in sales revenue[43] - The data center segment's sales cost was approximately RMB 53 million, a decrease of RMB 5 million or 9.3% year-on-year, primarily due to the absence of amortization costs related to intangible assets from acquisitions[45] - Selling and distribution expenses for the group were approximately RMB 20 million, an increase of RMB 3 million or 18.5% year-on-year, primarily due to increased installation and handling costs[51] - Financing costs totaled RMB 2,436,000, an increase of 50.0% compared to RMB 1,623,000 in the same period of 2021[23] Other Income and Financial Activities - Other income net of expenses increased to RMB 1,651,000 from RMB 740,000, reflecting a growth of 123.5%[2] - The company reported a total of RMB 756,000 in other income, an increase from RMB 421,000 in the same period last year[18] - Other net income for the group was approximately RMB 1.65 million, an increase of about 123.1% compared to the previous year, mainly due to increased interest income from loans[49] - The interest expense on convertible bonds was RMB 2,308,000, compared to RMB 1,348,000 in the previous year[12] Corporate Governance and Compliance - The financial statements were prepared in accordance with Hong Kong Financial Reporting Standards and GEM Listing Rules[6] - The company has established an audit committee, which reviewed the unaudited consolidated financial statements for the three months ended September 30, 2022, confirming compliance with applicable accounting standards and GEM listing rules[75] - The company has adhered to the corporate governance code as per GEM Listing Rules during the reporting period[81] - The company’s management discussion and analysis section highlights the importance of compliance with the Securities and Futures Ordinance regarding shareholdings[63] Shareholding and Capital Structure - As of September 30, 2022, Mr. Ma Minghui holds 245,300,400 shares, representing 27.04% of the company's issued share capital[59] - Mr. Yi Cong holds 116,580,000 shares, representing 12.85% of the company's issued share capital[59] - Mr. Lai Ningning is a beneficial owner of 100,000,000 shares, which is 11.02% of the company's issued share capital[59] - The total number of ordinary shares issued as of September 30, 2022, is 907,333,333[66] - The company has conditional agreements to issue convertible bonds to Even Joy Holdings Limited, allowing for the conversion of up to 46,800,000 shares, which would represent 5.15% of the company's issued share capital if fully converted[66] Future Outlook and Challenges - The company has been diversifying its operations by engaging in data center business since 2020 to stabilize revenue streams[32] - Future challenges include the ongoing COVID-19 pandemic, geopolitical tensions, and a downturn in the real estate market, which may impact the furniture sector[38] - The company aims to enhance the profitability of the data center segment by leveraging national strategies to develop data centers and expanding its business scope[38] - The construction management experience is expected to create more business opportunities for the company, particularly in the data center sector[38]