Financial Performance - The company recorded revenue of approximately RMB 603.2 million for the first half of 2024, an increase of 5.2% compared to RMB 573.4 million in the same period of 2023[6]. - The loss attributable to owners of the company for the first half of 2024 was approximately RMB 52.1 million, compared to a profit of approximately RMB 11.5 million in the same period of 2023[6]. - Basic and diluted loss per share for the first half of 2024 was approximately RMB 1.09, compared to earnings of approximately RMB 0.24 per share in the same period of 2023[6]. - The company reported a gross profit of RMB 8.1 million for the first half of 2024, down from RMB 56.3 million in the same period of 2023[8]. - The total comprehensive loss for the period was RMB 50.8 million, compared to a total comprehensive income of RMB 10.1 million in the same period of 2023[9]. - The revenue from external customers for the six months ended September 30, 2024, was RMB 603,208,000, compared to RMB 573,352,000 for the same period in 2023, representing an increase of approximately 5.5%[58]. - The customer contract revenue from value-added telecommunications and related services for the six months ended September 30, 2024, was RMB 603,208,000, up from RMB 573,352,000 in 2023, indicating a growth of about 5.2%[63]. - The revenue from customer service solutions, including contact service systems and centers, was RMB 589,163,000 for the six months ended September 30, 2024, compared to RMB 538,850,000 in 2023, reflecting an increase of approximately 9.3%[63]. Assets and Liabilities - As of September 30, 2024, total assets were approximately RMB 1,219.6 million, down from approximately RMB 1,278.3 million as of March 31, 2024[6]. - The net asset value as of September 30, 2024, was approximately RMB 769.9 million, a decrease from approximately RMB 820.7 million as of March 31, 2024[6]. - As of September 30, 2024, current assets amounted to RMB 406,484 thousand, a decrease from RMB 449,785 thousand as of March 31, 2024, representing a decline of approximately 9.5%[41]. - Total assets minus current liabilities were RMB 832,395 thousand, down from RMB 890,307 thousand, indicating a decrease of about 6.5%[41]. - The total equity as of September 30, 2024, was RMB 769,916 thousand, compared to RMB 820,691 thousand as of March 31, 2024, reflecting a reduction of approximately 6.2%[43]. - The company’s total liabilities as of September 30, 2024, were RMB 764,459 thousand, down from RMB 816,601 thousand as of March 31, 2024, reflecting a decrease of approximately 6.4%[43]. Cash Flow and Financial Costs - The net cash generated from operating activities for the six months ended September 30, 2024, was RMB 52,996 thousand, significantly higher than RMB 22,630 thousand for the same period in 2023, marking an increase of about 134%[48]. - Cash and cash equivalents as of September 30, 2024, totaled RMB 90,012 thousand, a slight decrease from RMB 94,642 thousand as of September 30, 2023[47]. - The company incurred financial costs of RMB 92 thousand for the six months ended September 30, 2024, compared to RMB 2,462 thousand for the same period in 2023, indicating a significant reduction in financial expenses[47]. - The company reported a net cash outflow from investing activities of RMB 60,701 thousand for the six months ended September 30, 2024, compared to RMB 55,319 thousand for the same period in 2023[48]. - The bank borrowing interest for the six months ended September 30, 2024, was RMB 92,000, significantly lower than RMB 1,076,000 in 2023, indicating a decrease of approximately 91.5%[69]. - The total interest expenses for the six months ended September 30, 2024, were RMB 9,330,000, down from RMB 10,697,000 in 2023, representing a decrease of about 12.8%[69]. Research and Development - Research and development expenses increased to RMB 24.8 million in the first half of 2024, compared to RMB 17.5 million in the same period of 2023[8]. - Marketing and R&D expenses totaled approximately RMB 28,400,000, an increase from RMB 21,900,000 in the previous year, mainly due to rising employee costs[109]. - The company obtained one new invention patent and multiple software copyrights during the reporting period, bringing the total to four invention patents and 314 software copyrights[106]. Dividends and Shareholder Information - The company did not recommend the payment of an interim dividend for the first half of 2024, consistent with the previous year[6]. - The board does not recommend the payment of an interim dividend for the first half of 2024, consistent with 2023[132]. - Major shareholders include Zhong Zhi Xin Zhuo Capital Company with a 50.46% stake and Tian Xi Capital Company Limited with a 60.00% stake[139]. - The company has a total of 2,865,644,243 shares held by major shareholders, representing 60.00% of the total shares[142]. - Gfly Ltd, LVYY Cayman Limited, and LVYY Holding Limited each hold 437,500,000 shares, accounting for 9.16% of the total shares[144]. - NINEGO Corporation holds 212,640,219 shares, which is approximately 4.45% of the total shares[145]. Operational Developments - The company established 46 self-service contact centers with a total of 18,350 workstations, enhancing its service capabilities across first to fourth-tier cities[107]. - The group plans to enhance service offerings around quality enterprise clients in the internet and finance sectors to improve customer stickiness and expand market share[122]. - The company will consider timely acquisitions or investments in assets related to its main business to increase service types and enhance core competitiveness and profitability[125]. - The company acknowledges challenges such as insufficient effective demand and rising uncertainties in the domestic and international economic landscape, while also focusing on business innovation and collaborative development strategies[126]. - The group sees significant growth potential in the enterprise service industry driven by rapid advancements in AI technology and will actively explore new business opportunities in the finance and internet sectors[127]. - The company is expanding its digital marketing services and integrating them with new consumer scenarios to enhance service capabilities and ensure resilience against economic cycles[129]. Compliance and Governance - The audit committee reviewed the interim financial statements and confirmed compliance with applicable accounting standards[153]. - The company has adopted a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules[150]. - There were no reported conflicts of interest involving directors or major shareholders during the interim period[149]. - The company has maintained compliance with the corporate governance code as per GEM listing rules[152].
金慧科技(08295) - 2025 - 中期财报