Financial Performance - The group's unaudited revenue for the six months ended June 30, 2024, was approximately RMB 121,183 thousand, an increase of about 23% compared to the same period last year[6]. - The group's gross profit for the same period was approximately RMB 68,837 thousand, up about 57%, with a gross profit margin of approximately 57% (compared to 45% in the same period last year)[6]. - The group's profit for the six months ended June 30, 2024, was approximately RMB 38,317 thousand, an increase of about 36%, with profit attributable to equity holders of the parent company amounting to approximately RMB 41,483 thousand, up about 33%[6]. - The basic earnings per share for the six months ended June 30, 2024, was approximately RMB 5.93, compared to RMB 4.47 for the same period last year[8]. - The net cash flow from operating activities for the six months ended June 30, 2024, was RMB 36,204 thousand, compared to RMB 26,093 thousand for the same period last year[12]. - The company reported a total revenue of RMB 121,183,000 for the six months ended June 30, 2024, a decrease from RMB 98,289,000 in the same period of 2023, representing a decline of approximately 23.3%[18]. - The company achieved a profit before tax of RMB 47,338,000 for the six months ended June 30, 2024, compared to RMB 32,307,000 for the same period in 2023, indicating an increase of approximately 46.6%[20]. - The net profit for the period was RMB 38,317,000, up from RMB 28,184,000 in the previous year, reflecting a growth of about 35.9%[20]. - Earnings per share for the six months ended June 30, 2024, were RMB 41,483,000, compared to RMB 31,300,000 for the same period in 2023, marking an increase of approximately 32.5%[23]. Revenue Breakdown - The decision consulting services segment generated revenue of RMB 78,148,000, while the data platform services and innovation platform services segments contributed RMB 17,893,000 and RMB 25,142,000, respectively[18]. - Revenue from decision consulting services was approximately RMB 78,148 thousand, a decrease of about 3% from RMB 80,386 thousand in the prior year[37]. - Revenue from data platform services increased by approximately 57% to RMB 17,893 thousand, compared to RMB 11,430 thousand in the previous year[37]. - Revenue from innovation platform services surged by approximately 288% to RMB 25,142 thousand, up from RMB 6,473 thousand in the same period last year[37]. Assets and Liabilities - The total assets less current liabilities amounted to RMB 227,908 thousand as of June 30, 2024, compared to RMB 190,217 thousand as of December 31, 2023[10]. - The group's cash and cash equivalents as of June 30, 2024, were RMB 335,886 thousand, an increase from RMB 299,686 thousand as of June 30, 2023[12]. - Accounts receivable as of June 30, 2024, was RMB 51,354 thousand, compared to RMB 37,871 thousand as of December 31, 2023[32]. - Contract liabilities increased to RMB 162,144 thousand as of June 30, 2024, from RMB 109,160 thousand as of December 31, 2023[30]. - The total equity attributable to shareholders was RMB 200,820 thousand, representing 90% of total equity[49]. Expenses and Costs - The group's administrative expenses for the six months ended June 30, 2024, were RMB 16,310 thousand, compared to RMB 11,050 thousand for the same period last year[8]. - Employee costs (excluding directors' remuneration) increased to RMB 58,471,000 from RMB 52,346,000 year-on-year, representing a rise of approximately 11.5%[20]. - The group's credit impairment losses decreased to RMB 1,177 thousand for the six months ended June 30, 2024, from RMB 4,047 thousand in the same period last year[8]. Dividends and Shareholder Returns - The board of directors did not recommend the distribution of an interim dividend for the six months ended June 30, 2024[6]. - The company did not declare an interim dividend for the six months ended June 30, 2024, compared to a dividend of RMB 0.0373 per share in the same period of 2023[24]. - The board did not recommend the distribution of an interim dividend for the six months ended June 30, 2024, compared to an interim dividend of RMB 0.0373 per share (tax included) for the same period last year[51]. Strategic Initiatives - The company plans to adopt new accounting standards and amendments in future accounting periods, currently assessing their impact[15]. - The company plans to implement a Business 3.0 strategy focusing on urban and park economies to strengthen regional economic growth[38]. - The company aims to enhance its consulting services and expand its market presence in regional strategies and industrial planning[39]. - The group aims to enhance regional economic research influence and expand regional market development[40]. - The group is focused on strengthening its technology services and digital transformation capabilities[41]. Governance and Compliance - The audit committee has reviewed the unaudited condensed interim results for the six months ending June 30, 2024, and confirmed compliance with applicable accounting standards[64]. - The company has maintained compliance with the corporate governance code as stipulated in the Listing Rules during the reporting period[66]. - The board regularly reviews the risk management and internal control systems to ensure their effectiveness[68]. - All directors and supervisors have complied with the securities trading standards as per the Listing Rules[62]. - The company has maintained sufficient public float as required by the Listing Rules[69]. - There are no competitive interests from directors or controlling shareholders that may affect the group's business[61]. Employee and Operational Metrics - The group employed 285 employees as of June 30, 2024, up from 275 employees a year earlier[45]. - The group maintained a conservative policy regarding foreign exchange and interest rate risks, with most deposits held in RMB[50]. - There have been no significant events affecting the group after the reporting period[65]. - There are no significant acquisitions or sales plans currently in place for the group[67]. - The company has not engaged in any purchases, redemptions, or sales of its listed securities during the six months ending June 30, 2024[60]. - The company has no significant unrecognized deferred tax assets as of June 30, 2024, consistent with the previous year[22]. - The long-term investment value remained stable at RMB 1,483,000 as of June 30, 2024, with no significant changes in fair value since December 31, 2023[26]. - The group has not pledged any assets as of June 30, 2024[47]. - There were no significant investments or acquisitions made by the group as of June 30, 2024[43][44]. - The group has established a significant increase in accounts payable, with RMB 8,400 thousand due within 60 days as of June 30, 2024, down from RMB 21,974 thousand at the end of 2023[32]. - The capital to debt ratio as of June 30, 2024, was approximately 89%, a significant improvement from about 183% as of December 31, 2023[48]. Acknowledgments - The company expresses gratitude to its management, employees, suppliers, customers, banks, and shareholders for their continued support[70].
赛迪顾问(02176) - 2024 - 中期财报