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优矩控股(01948) - 2024 - 中期业绩
01948UJU HOLDING(01948)2024-08-29 13:35

Financial Performance - For the six months ended June 30, 2024, the company reported total revenue of approximately RMB 3,867.1 million, representing a 7.1% increase from RMB 3,609.9 million for the same period in 2023[1]. - The company's gross profit for the same period was RMB 150.8 million, a slight increase of 0.2% compared to RMB 150.5 million in the previous year[1]. - The profit attributable to the company's owners for the six months ended June 30, 2024, was RMB 43.4 million, up 3.7% from RMB 41.9 million in the prior year[1]. - The overall net profit for the first half of 2024 was approximately RMB 43.2 million, reflecting a 3.1% increase from RMB 41.9 million in the same period of 2023[2]. - The net profit margin for the six months ended June 30, 2024, was 1.1%, slightly down from 1.2% in the same period of 2023[22]. - The company's operating profit for the six months ended June 30, 2024, was RMB 50.0 million, down from RMB 60.8 million in the same period of 2023[24]. - The company reported a net loss of RMB 7,673,000 for the six months ended June 30, 2024, compared to RMB 8,227,000 for the same period in 2023, indicating a decrease of approximately 6.7%[39]. - The income tax expense for the six months ended June 30, 2024, was RMB 8,738,000, a slight decrease from RMB 9,338,000 in the same period of 2023, reflecting a reduction of about 6.4%[40]. Revenue Breakdown - The online marketing solutions business generated revenue of approximately RMB 3,828.6 million, accounting for 99.0% of total revenue, reflecting a 7.0% increase from RMB 3,577.9 million in the same period last year[6]. - E-commerce sector contributed RMB 2,082.8 million, accounting for 54.8% of total revenue, up from RMB 1,658.4 million (46.6%) in the previous year[9]. - Revenue from the one-stop online marketing solutions service was RMB 3,806,587,000, up 6.9% from RMB 3,559,688,000 in the previous year[34]. - The company’s revenue from live e-commerce services reached RMB 36,965,000, representing a 28.5% increase from RMB 28,765,000 in the prior year[34]. Expenses and Costs - Service costs totaled approximately RMB 3,716.3 million for the six months ended June 30, 2024, compared to RMB 3,459.5 million for the same period in 2023, reflecting an increase of 7.4%[11]. - Selling expenses rose to approximately RMB 16.1 million, up from RMB 10.5 million in the previous year, primarily due to higher live streaming costs associated with e-commerce expansion[13]. - General and administrative expenses increased by 19.7% to approximately RMB 41.9 million, driven by higher employee benefits and professional service fees[14]. - Total expenses for the six months ended June 30, 2024, amounted to RMB 3,778,689,000, an increase of 7.7% from RMB 3,509,558,000 in the previous year[37]. Assets and Liabilities - Total assets increased to RMB 4,004.8 million as of June 30, 2024, compared to RMB 3,441.4 million as of December 31, 2023[27]. - The total liabilities increased to RMB 2,601.2 million as of June 30, 2024, from RMB 2,055.5 million as of December 31, 2023[27]. - Accounts receivable net amount increased to RMB 3,149,280,000 as of June 30, 2024, from RMB 2,210,071,000 as of December 31, 2023, marking an increase of approximately 42.4%[49]. - The company’s total accounts payable as of June 30, 2024, was RMB 1,920,578,000, up from RMB 1,433,800,000 as of December 31, 2023, indicating an increase of about 34%[51]. Market and Strategic Developments - The company successfully expanded its live e-commerce solutions into the North American market, enhancing international cooperation opportunities[4]. - The application of AI technology, particularly in AIGC, has significantly improved content production efficiency, with the company integrating these tools into its marketing strategies[5]. - The company continues to focus on expanding its one-stop online marketing solutions and live e-commerce services as part of its growth strategy[34]. Employee and Compensation - The company has 645 employees as of June 30, 2024, up from 576 employees as of December 31, 2023[60]. - Employee costs for the six months ended June 30, 2024, totaled approximately RMB 82.7 million, an increase from RMB 70.1 million for the same period in 2023[60]. - The company emphasizes maintaining high recruitment standards and competitive compensation for employees, with a focus on training and retention[60]. Cash Flow and Financial Position - As of June 30, 2024, the company's cash and cash equivalents decreased to approximately RMB 409.3 million from RMB 719.4 million as of December 31, 2023, primarily due to net cash outflows from operating activities[21]. - The company's leverage ratio as of June 30, 2024, was 0.01, a decrease from 0.02 as of December 31, 2023[22]. - The company maintained a prudent treasury policy, ensuring a robust liquidity position throughout the review period[52]. Accounting and Compliance - The company has adopted new accounting standards effective from January 1, 2024, but these have not had a significant impact on the financial statements[30]. - The company has adopted accounting principles and practices that comply with applicable accounting standards and regulations as of June 30, 2024[66]. - The interim financial data for the six months ending June 30, 2024, has been reviewed by the company's auditors according to international review standards[67].