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，概不就因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 YEAHKA LIMITED 移卡有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9923） 截至二零二三年十二月三十一日止年度 年度業績公告 移卡有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其附屬 公司（統稱「本集團」）截至二零二三年十二月三十一日止年度（「報告期」）經審核 綜合業績，連同截至二零二二年十二月三十一日止年度的比較數字。 於本公告，「移卡」及「我們」指本公司，如文義另有所指則為本集團。 1 業務回顧及展望 業務亮點 • 進一步鞏固一站式支付龍頭地位： • 一站式支付服務的總支付交易量（「GPV」）同比增加29.2%至人民幣 28,829億元，其中71.2%為基於應用程式的支付服務； • 活躍支付服務商戶數1同比增長13.3%至9.2百萬； • 費率2由二零二二年的12.3個基點上升至二零二三年的13.3個基點，同比 上升1個基點； • 基於應用程序的支付 ...

股 票 研 究 [Table_industryInfo] 综合金融 [ Table_Main[移I Tnaf 卡bol]e （_Ti 9tl 9e] 2 3） [评Tab级le_：Inv est] 增持 当前价格（港元）： 12.12 支付稳健增长，到店业务承压 2024.03.18 海 ——移卡 2023年度业绩前瞻 [ 交Ta易bl数e_M据a rket] 外 刘欣琦(分析师) 孙坤(分析师) 52周内股价区间（港元） 11.88-24.90 当前股本（百万股） 443 公 021-38676647 021-38038260 当前市值（百万港元） 5,369 司 liuxinqi@gtjas.com sunkun024098@gtjas.com 证书编号 S0880515050001 S0880523030001 （ [ Table_PicQuote] 中 本报告导读： 52周内股价走势图 国 2023 年公司支付交易量有望继续提升，带动支付业务继续稳健增长；到店电商业务 移卡 恒生指数 竞争加剧，预计收入出现下滑。 香 6% 摘要： 港 -5% [T abl维e_S持um公m司ar“y]增 持”评级， ...

股 票 研 究 [Table_industryInfo] 综合金融 [ Table_Main[移I Tnaf 卡bol]e （_Ti 9tl 9e] 2 3） [评Tab级le_：Inv est] 增持 当前价格（港元）： 12.12 支付稳健增长，到店业务承压 2024.03.18 海 ——移卡 2023年度业绩前瞻 [ 交Ta易bl数e_M据a rket] 外 刘欣琦(分析师) 孙坤(分析师) 52周内股价区间（港元） 11.88-24.90 当前股本（百万股） 443 公 021-38676647 021-38038260 当前市值（百万港元） 5,369 司 liuxinqi@gtjas.com sunkun024098@gtjas.com 证书编号 S0880515050001 S0880523030001 （ [ Table_PicQuote] 中 本报告导读： 52周内股价走势图 国 2023 年公司支付交易量有望继续提升，带动支付业务继续稳健增长；到店电商业务 移卡 恒生指数 竞争加剧，预计收入出现下滑。 香 6% 摘要： 港 -5% [T abl维e_S持um公m司ar“y]增 持”评级， ...

计算机/软件开发 公 司 研 移卡（09923.HK） 支付业务预计快速增长，到店业务战略调整 究 2024年03月14日 ——港股公司信息更新报告 投资评级：买入（维持） 吴柳燕（分析师） 荀月（联系人） wuliuyan@kysec.cn xunyue@kysec.cn 证 书编号：S0790521110001 证书编号：S0790122100036 日期 2024/3/13 港 当前股价(港元) 12.280  支付业务预计快速增长，到店业务战略调整 股 一年最高最低(港元) 25.800/11.800 考虑到支付业务一次性调整及提费下渠道佣金激励较高，到店业务受平台服务商 公 司 总市值(亿港元) 54.40 竞争加剧导致 GTV 及佣金率承压及合伙人模式下佣金率较低，我们下调公司 信 流通市值(亿港元) 54.40 2023-2025年净利润预测至0.11/4.1/5.6亿元（前值：4.3/7.2/9.2亿元），对应EPS 息 总股本(亿股) 4.43 0.02/0.93/1.27 元，对应同比增速-89%/3671%/37%，当前股价 12.28HKD 对应 更 新 流通港股(亿股) 4.43 ...

2024 年 03 月 06 日 公司研究 评级：买入 (维持 ) 研究所： 证券分析师： 陈梦竹 S0350521090003 支付业务短期调[T 整abl ，e_T 到itle 店] 业务竞争加剧 chenmz@ghzq.com.cn 证券分析师： 张娟娟 S0350523110004 zhangjj02@ghzq.com.cn ——移卡（ ） 年财报前瞻 9923.HK 2023 联系人 ： 罗婉琦 S0350122040042 luowq@ghzq.com.cn 最近一年走势 核心观点 :  主要财务指标前瞻：我们预计移卡公司2023年实现总营收39.1亿 元（YoY+15%），其中支付业务收入预计34.5亿元（YoY+25%）， 商户解决方案收入预计3.7亿元（YoY+20%），到店电商业务收入 预计1.0亿元（YoY-72%）；预计公司实现净利润0.1亿元（YoY-85%）， 主要受到支付业务一次性收入调整的影响。  支付业务GPV延续高增长，费率短期承压：我们预计2023年支付 业务GPV同比增长29%至2.9万亿元，活跃支付服务商户数量同比 相对恒生指数表现 2024/03/05 增长15 ...

交银国际研究 公司更新 互联网 收盘价 目标价 潜在涨幅 2024年2月26日 港元13.98 港元16.00↓ +14.4% 移卡 (9923 HK) 支付业务调整，到店竞争加剧，利润或不及此前预期；下调至中性  下调2023年全年收入及利润预期，经调整EBITDA快速增长趋势不变。我 个股评级 们下调2023 年总收入预期11%至39 亿元（人民币），下同），同比增 中性↓ 14%，主要因：1）支付业务一次性调整影响及费率短期承压；2）受竞争 影响，到店业务增长承压。基于收入下调，我们相应调整归母净利润预期 1年股价表现 至8000万元，对应净利率2%，对比此前预期的1.5亿元/4%。剔除一次性 影响，我们预计经调整EBITDA同比增160%至5.5亿元，维持扩张趋势， 9923 HK 10% MSCI中国指数 受益于支付业务扩张及到店亏损收窄。 0% -10%  支付GPV增势不变，费率短期承压。我们预计2023年支付规模（GPV）2.8 -20% 万亿元，同比增26%，与此前预期基本一致，主要受益于线下消费复苏及 -30% -40% 代理商渠道扩张。但考虑：1）259号文件全面实施，收单合规化发展 ...

Yeahka 移卡 報 期 中 岸 belly 0 6.55 4979 2:3 Al U @ nne (▶) ılın = B < D KANNA ANALA AND A BALL AND A BALL AND A BEACH AND A . OPEN Yeahka Z 0 35 rxx [a+g] 同 日报 Yeahka 8 ° 00000 「回」 To / 30 ra 移卡有限公司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) 股份代號： 9923.HK 目 錄 | --- | --- | |--------------------------|-------| | | | | | | | | | | 公司資料 | 2 | | 業務回顧及展望 | 5 | | 管理層討論與分析 | 11 | | 其他資料 | 21 | | 中期簡明綜合全面收益表 | 33 | | 中期簡明綜合財務狀況表 | 35 | | 中期簡明綜合權益變動表 | 37 | | 中期簡明綜合現金流量表 | 39 | | 中期簡明綜合財務資料附註 | 41 | | | | | | | | 釋義 | 81 | 公司資料 註冊 ...

Yeahka (09923) H1 2023 Earnings Call August 24, 2023 08:00 AM ET Speaker0 Ladies and gentlemen, good day, and welcome to ECAL Limited twenty twenty three Interim Results Announcement Call. At this time, all participants are in a listen only mode. After management's prepared remarks, there will be a question and answer session. Please be advised that today's conference is being recorded. I'll now pass the call to Mr. Ben Chao, Board Secretary and General Manager of Corporate Development and Capital Markets f ...

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。 YEAHKA LIMITED 移卡有限公司 （於開曼群島註冊成立的有限公司） （股份代號：9923） 截至二零二三年六月三十日止六個月 中期業績公告 及 對須予披露及關連交易的更新 移卡有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及其附屬 公司（統稱「本集團」）截至二零二三年六月三十日止六個月（「報告期」或「期內」） 的未經審核綜合業績。本中期業績已由本公司審核委員會（「審核委員會」）審閱。 於本公告，「移卡」及「我們」指本公司，如文義另有所指則為本集團。 1 業務回顧及展望 業務亮點 • 擴大的商戶基礎及多元化渠道網絡帶動一站式支付服務增長： • 一站式支付服務的總支付交易量（「GPV」）同比增加33.5%至人民幣 14,192億元，其中70.5%為基於應用程序的支付服務； • 活躍支付服務商戶數1同比增長20.7%至9.2百萬； • 費率2由二零二二年上半年的12.0個基點上 ...

Financial Performance - In 2022, the company's revenue reached RMB 3,418.0 million, representing a year-on-year growth of 11.8%[13] - Revenue for 2022 was RMB 3,418.0 million, an increase of 11.8% compared to RMB 3,058.6 million in 2021[27] - Revenue from the one-stop payment service grew by 21.4% year-on-year, amounting to RMB 2,754.3 million[13] - Revenue increased by 11.8% from RMB 3,058.6 million in 2021 to RMB 3,418.0 million in 2022, driven mainly by growth in one-stop payment services and in-store e-commerce services[52] - Revenue from in-store e-commerce services surged by 139.0%, exceeding RMB 354.2 million[13] - The total GMV for in-store e-commerce services exceeded RMB 3.3 billion, representing a year-on-year growth of 733.1%[22] - The number of orders for in-store e-commerce services reached nearly 37 million, a year-on-year increase of 305.0%[22] - Adjusted EBITDA rose by 73.0% year-on-year to RMB 213.4 million, with a significant 106.1% increase in the second half of 2022 compared to the first half[13] - Adjusted EBITDA for 2022 was RMB 213.4 million, reflecting a 73.0% increase compared to 2021, despite a net loss of RMB 211.3 million in the in-store e-commerce service[30] Profitability and Margins - Gross profit increased by 26.6% year-on-year to RMB 1,030.9 million, with a gross margin improvement of 3.6 percentage points to 30.2%[13] - Gross profit rose by 26.6% from RMB 814.6 million in 2021 to RMB 1,030.9 million in 2022, with gross margin improving from 26.6% to 30.2%[30] - The gross margin for the one-stop payment service improved from 16.7% in 2021 to 19.3% in 2022[34] - The gross margin for in-store e-commerce rose from 57.1% in the first half of 2022 to 75.8% in the second half[38] Assets and Liabilities - The company's total assets increased to RMB 7,289.998 million in 2022, up from RMB 6,755.776 million in 2021[9] - Total liabilities rose to RMB 4,608.731 million in 2022, compared to RMB 3,555.105 million in 2021[9] - Total debt increased significantly from RMB 551.3 million to RMB 1,086.3 million, with convertible bonds at RMB 379.3 million and bank borrowings at RMB 680.4 million[92] - The capital debt ratio rose from 15.9% to 39.5%, primarily due to the issuance of convertible bonds and increased borrowings[90] Market and Growth Strategy - The company plans to leverage its technological capabilities and digital ecosystem to establish strategic alliances for market leadership and business growth[12] - The company aims to leverage the recovery of the Chinese economy in 2023 to drive significant growth across its three main business lines[18] - The company plans to continue increasing fee rates and expand digital currency electronic payment (DC/EP) scenarios while obtaining payment licenses in the US, Singapore, and Hong Kong[35] - The company plans to expand into overseas markets while focusing on creating sustainable value for stakeholders[44] Operational Highlights - The number of active payment service merchants reached a historical high of 8.1 million, with daily transaction volume exceeding 50 million[12] - The number of active payment service merchants grew by 11.4% to 8.1 million, reflecting the continued expansion of the merchant base[21] - The company achieved a 40% increase in data processing volume, handling over 1 billion risk transactions throughout the year[48] - The company has implemented a comprehensive training program for employees, focusing on technical, regulatory, and management training[141] Expenses and Financial Management - Selling expenses rose by 49.1% from RMB 259.2 million in 2021 to RMB 386.5 million in 2022, mainly due to increased outsourcing costs and synergies from the acquisition of Dingding Cultural Tourism[67] - Administrative expenses increased by 19.9% from RMB 269.2 million in 2021 to RMB 322.8 million in 2022, driven by higher employee benefits and outsourcing labor costs post-acquisition[68] - R&D expenses grew by 12.4% from RMB 240.4 million in 2021 to RMB 270.3 million in 2022, reflecting increased commitment to new business and product development[69] Shareholder and Equity Information - The company repurchased approximately 5.89 million shares at prices ranging from HKD 16.42 to HKD 22.65, representing 1.3% of the issued shares as of December 31, 2022[45] - The company issued USD 70 million convertible bonds with a 6.25% interest rate, maturing in 2027, to support long-term business expansion[46] - The company has a strategic focus on cross-border e-commerce and digital solutions to accelerate development in upstream and downstream industries[112] Risk Management and Compliance - The company has established various security measures, including firewalls and intrusion detection systems, to mitigate risks related to IT system failures and security threats[149] - The company maintains a fraud prevention system to minimize risks associated with fraudulent transactions, including a multi-dimensional monitoring system for merchants[154] - The company has a close communication strategy with business partners to develop risk response plans in case of operational failures caused by third parties[152] Employee and Corporate Governance - As of December 31, 2022, the company had 1,299 employees, primarily located in China[100] - The company has established a dual career path to enhance personal and professional development opportunities for employees[141] - The company is actively participating in various employee social security programs as required by Chinese regulations[141]