Revenue Growth - Total revenue for the six months ended September 30, 2020, was approximately HKD 29,896,431, an increase of HKD 8,024,549 or 36.7% compared to HKD 21,871,882 for the same period in 2019[11] - Online account appointment service revenue increased by 241% to HKD 2.99 million, up from HKD 0.87 million for the same period in 2019[12] - The revenue from "Trading Treasure Public Version" during the reporting period was HKD 4.09 million, a significant increase of 870% from HKD 0.42 million for the six months ended September 30, 2019[13] - The company's total revenue for the reporting period was approximately HKD 29.90 million, representing a 36.7% increase from HKD 21.87 million for the same period last year[18] - Revenue for the six months ended September 30, 2020, was HKD 29,896,431, representing a 36.7% increase from HKD 21,871,882 in the same period of 2019[92] - The revenue from front-end trading system services was HKD 11,460,000, up from HKD 10,804,000 in the previous year, indicating a growth of approximately 6.1%[112] - The company’s revenue from data services reached HKD 7,358,000, an increase from HKD 6,889,000 in the previous year, representing a growth of about 6.8%[112] - The company’s revenue from online account appointment services was HKD 2,991,000, significantly up from HKD 876,000 in the previous year, indicating a growth of approximately 241.5%[112] Profit and Earnings - The net profit for the reporting period was approximately HKD 7.72 million, an increase of 33.2% compared to HKD 5.80 million for the same period last year[19] - The group recorded a net profit of HKD 7,723,687 during the reporting period, an increase of approximately HKD 1,926,180 or 33.2% compared to the same period last year[34] - Basic earnings per share attributable to shareholders were HKD 0.0163, compared to HKD 0.0122 for the same period last year[20] - Profit before tax for the same period was HKD 8,387,893, up 42.5% from HKD 5,886,305 in 2019[92] - Net profit for the six months ended September 30, 2020, was HKD 7,723,687, compared to HKD 5,797,507 in 2019, marking a 33.3% increase[92] - Total comprehensive income for the period was HKD 9,253,393, significantly higher than HKD 4,749,815 in the previous year, reflecting a 94.5% increase[92] - Basic and diluted earnings per share for the period were HKD 1.63, compared to HKD 1.22 in the same period last year, indicating a 33.6% increase[92] Operational Developments - The company added 12 new Hong Kong brokers as online account appointment service providers during the reporting period[12] - The company signed new front-end trading system service contracts with 6 Hong Kong brokers during the reporting period, and 39 Hong Kong brokers are currently using the online account opening appointment system[24] - The company aims to provide comprehensive system and operational services to Hong Kong brokers, enhancing their operational capabilities[12] - The company is focused on expanding its customer base through online non-face-to-face account opening methods, accelerated by the COVID-19 pandemic[12] - The active IPO market in Hong Kong has attracted more individual and institutional investors, benefiting the company's service offerings[12] Financial Position - As of September 30, 2020, the group held cash and cash equivalents of approximately HKD 18,682,714, a significant increase from HKD 1,744,886 as of March 31, 2020[37] - The net asset value of current assets was approximately HKD 53,193,408, up from HKD 41,913,097 as of March 31, 2020[37] - The group has zero borrowings as of September 30, 2020, indicating a debt-free status[37] - The company's total assets as of September 30, 2020, were HKD 68,930,370, an increase from HKD 59,727,227 as of March 31, 2020[94] - The company's net asset value increased to HKD 67,247,565 from HKD 57,994,172 as of March 31, 2020, reflecting a growth of 15.5%[94] Employee and Operational Costs - Employee costs increased by 53.8% to approximately HKD 9.93 million, compared to HKD 6.46 million for the same period last year[30] - The total employee welfare expenditure, including director remuneration, was approximately HKD 9,929,755, compared to HKD 6,456,872 in the same period last year, representing an increase of about 54.3%[58] - The company incurred a total employee cost of HKD 9,929,000 for the six months ended September 30, 2020, compared to HKD 6,457,000 in the same period of 2019, marking an increase of approximately 53.5%[118] Strategic Initiatives - The net proceeds from the IPO amounted to approximately HKD 41.5 million, which will be allocated for various strategic initiatives[44] - The company plans to enhance its R&D capabilities with an allocation of HKD 6.1 million for developing innovative products[44] - Marketing activities are set to receive HKD 5.4 million to attract more registered users and increase revenue[44] - The establishment of a subsidiary to provide over-the-counter trading services in Hong Kong is part of the company's strategy to diversify its business[45] - The company aims to develop a new trading system for dark pool transactions, with an expected allocation of HKD 6.7 million[44] Corporate Governance - The company has complied with all applicable corporate governance codes during the reporting period, except for the separation of roles between the Chairman and CEO[82] - The company has three independent non-executive directors, ensuring a balanced distribution of power and authority within the board[82] - The company has received confirmations from its controlling shareholders regarding compliance with non-competition agreements during the reporting period[84] Miscellaneous - The company did not declare any dividends for the reporting period, consistent with the previous period[21] - The company has not incurred any contingent liabilities as of September 30, 2020[52] - The company has no significant capital commitments as of September 30, 2020[53] - The company has no significant asset pledges as of September 30, 2020[54] - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the reporting period[55] - The company has not reported any significant events affecting the group after September 30, 2020, indicating stability in operations[88] - No post-reporting events occurred that could significantly impact the group's assets, liabilities, or future operations[142]
捷利交易宝(08017) - 2021 - 中期财报