Financial Performance - For the nine months ended December 31, 2019, the group recorded revenue of HKD 36,415,654, an increase of HKD 926,743 compared to HKD 35,488,911 for the same period in 2018, representing a growth of approximately 2.6%[5] - The group achieved a net profit of HKD 9,411,622 for the reporting period, a significant turnaround from a loss of HKD 9,683,310 in the same period of 2018[5] - Basic earnings per share attributable to owners of the company for the reporting period was HKD 1.98, compared to a basic loss per share of HKD 2.32 for the same period in 2018[5] - Revenue for the three months ended December 31, 2019, was HKD 14,543,772, compared to HKD 11,102,918 for the same period in 2018, indicating a growth of approximately 30.5%[10] - The group reported a profit before tax of HKD 9,537,308 for the nine months ended December 31, 2019, compared to a loss before tax of HKD 9,152,762 in the same period of 2018[10] - Total comprehensive income for the nine months ended December 31, 2019, was HKD 8,529,729, a significant improvement from a total comprehensive loss of HKD 10,400,145 in the same period of 2018[10] Cost Management - The group incurred employee costs of HKD 12,361,252 for the nine months ended December 31, 2019, down from HKD 16,239,682 in the same period of 2018, representing a reduction of approximately 24.5%[10] - The group’s direct costs for the nine months ended December 31, 2019, were HKD 7,986,669, a decrease from HKD 8,740,052 in the same period of 2018, indicating a reduction of approximately 8.6%[10] - Direct costs decreased by HKD 753,383 or 8.6% to HKD 7,986,669, mainly due to reduced expenses for leased cloud infrastructure and broadband services[53] - Employee costs decreased by HKD 3,878,430 or 23.9% to HKD 12,361,252, attributed to increased capital allocation for new R&D projects[55] User Growth and Market Expansion - The number of registered users for the open securities trading platform "TradeGo Public Version" increased to approximately 137,000, up by about 28,000 users from 109,000 as of December 31, 2018, reflecting a growth of approximately 25.7%[5] - The number of registered users for the trading platform increased by approximately 28,000 or 26.1% to about 137,000 as of December 31, 2019, compared to 109,000 a year earlier[42] - The company signed new front-end trading system service contracts with 15 Hong Kong brokers during the reporting period[42] - The group aims to enhance its service portfolio and expand its customer base through new service development and marketing activities, particularly in the Greater Bay Area[63] - The group plans to apply for additional market data supplier licenses to strengthen its integrated securities trading platform services[63] Dividend Policy - The board did not declare any dividends during the reporting period, consistent with the previous year[6] - The company did not declare or pay any dividends for the nine months ended December 31, 2019[40] - The group has not declared any dividends during the reporting period, consistent with the previous period[62] Shareholding Structure - As of December 31, 2019, the total number of issued shares was 500,000,000[70] - Liu Yong holds 228,303,791 shares, representing 45.66% of the total shares[76] - Miao Jia Holdings Limited owns 154,264,654 shares, accounting for 30.85% of the total shares[76] - Xin Cheng International Limited holds a total of 74,039,137 shares, which is 14.81% of the total shares[76] - VMI Mega Growth Fund SPC owns 56,150,000 shares, representing 11.23% of the total shares[76] - He Zhi Global Limited holds 52,650,053 shares, accounting for 10.53% of the total shares[76] - The total shareholding of Liu Xiaoming, as a spouse, is 228,303,791 shares, which is 45.66%[76] - The total shareholding of Chen Chaohua, as a spouse, is 126,689,190 shares, which is 25.34%[76] - The total shareholding of Lu Ximeng, as a spouse, is 74,039,137 shares, which is 14.81%[76] - First Shanghai Securities Limited holds 25,000,000 shares, representing 5.00% of the total shares[76] Compliance and Governance - The company has adhered to the corporate governance code, except for the separation of roles between the Chairman and CEO[98] - The company confirmed compliance with the minimum public float requirement of at least 25%[99] - The audit committee reviewed the unaudited consolidated financial statements for the three and nine months ended December 31, 2019, confirming compliance with applicable accounting standards and GEM listing rules[112] Accounting Policies - The company adopted HKFRS 16 on April 1, 2019, which resulted in the recognition of right-of-use assets and lease liabilities of HKD 5,938,670[19] - The total non-current assets increased to HKD 15,143,828 after the adoption of HKFRS 16[20] - The company has not made any adjustments to the opening equity balance as a result of the adoption of HKFRS 16[24] - The company adopted a new leasing accounting policy, measuring right-of-use assets based on the present value of future lease payments[28] COVID-19 Response - The company implemented remote working measures for its subsidiaries in Shenzhen from January 29 to February 9, 2020, in response to the COVID-19 pandemic, ensuring stable customer service through cloud infrastructure[109]
捷利交易宝(08017) - 2020 Q3 - 季度财报