Announcement Summary The Group reported H1 2025 revenue and gross profit growth, enhancing profitability, but no interim dividend is recommended Financial Performance Summary The Group's H1 2025 unaudited results show increased revenue, gross profit, and profitability, with no interim dividend recommended 2025 H1 Key Financial Indicators | Indicator | 2025 H1 (thousand RMB) | YoY Growth | 2024 H1 (thousand RMB) | | :--- | :--- | :--- | :--- | | Revenue | 129,323 | Approx. 7% | 121,183 | | Gross Profit | 76,787 | Approx. 12% | 68,837 | | Gross Profit Margin | Approx. 59% | 2 percentage points | Approx. 57% | | Profit | 42,985 | Approx. 12% | 38,317 | | Profit attributable to owners of the parent company | 44,726 | Approx. 8% | 41,483 | | Basic Earnings Per Share | 6.39 cents | - | 5.93 cents | - The Board does not recommend an interim dividend for the six months ended June 30, 20255 Interim Financial Statements Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income The Group's H1 2025 revenue, gross profit, and period profit grew, with basic EPS reaching 6.39 cents Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income (Unaudited) | Indicator | 2025 H1 (thousand RMB) | 2024 H1 (thousand RMB) | | :--- | :--- | :--- | | Revenue | 129,323 | 121,183 | | Cost of Sales | (52,536) | (52,346) | | Gross Profit | 76,787 | 68,837 | | Other Income | 1,056 | 1,332 | | Selling and Distribution Expenses | (7,402) | (7,624) | | Administrative Expenses and Others | (15,990) | (16,310) | | Reversal of Credit Impairment Losses | 612 | 1,177 | | Finance Costs | (78) | (74) | | Profit Before Tax | 54,985 | 47,338 | | Taxation | (12,000) | (9,021) | | Profit for the Period | 42,985 | 38,317 | | Attributable to equity holders of the Company | 44,726 | 41,483 | | Attributable to non-controlling interests | (1,741) | (3,166) | | Basic Earnings Per Share (RMB cents) | 6.39 | 5.93 | Condensed Consolidated Statement of Financial Position As of June 30, 2025, net current assets and total equity decreased, mainly from reduced trade and other payables Condensed Consolidated Statement of Financial Position (Unaudited) | Indicator | June 30, 2025 (thousand RMB) | Dec 31, 2024 (thousand RMB) | | :--- | :--- | :--- | | Non-current Assets | | | | Total | 30,862 | 31,950 | | Current Assets | | | | Trade Receivables | 52,557 | 40,239 | | Cash and Cash Equivalents | 288,638 | 358,735 | | Total | 344,027 | 405,671 | | Current Liabilities | | | | Trade Payables | 8,028 | 14,382 | | Other Payables | 12,307 | 49,817 | | Contract Liabilities | 161,649 | 138,669 | | Total | 194,318 | 221,724 | | Net Current Assets | 149,709 | 183,947 | | Total Assets Less Current Liabilities | 180,571 | 215,897 | | Non-current Liabilities | | | | Lease Liabilities | 2,295 | 3,106 | | Net Assets | 178,276 | 212,791 | | Equity | | | | Total equity attributable to equity holders of the Company | 149,933 | 183,460 | | Total Equity | 178,276 | 212,791 | Condensed Consolidated Statement of Changes in Equity As of June 30, 2025, total equity attributable to shareholders decreased, primarily due to a reduction in retained profits Condensed Consolidated Statement of Changes in Equity (Unaudited) | Indicator | June 30, 2025 (thousand RMB) | Jan 1, 2024 (thousand RMB) | | :--- | :--- | :--- | | Issued Share Capital | 70,000 | 70,000 | | Capital Reserve | (21,257) | (20,004) | | Statutory Surplus Reserve | 35,000 | 35,000 | | Investment Revaluation Reserve | (188) | (148) | | Retained Profits | 66,378 | 74,489 | | Subtotal of equity attributable to equity holders of the Company | 149,933 | 159,337 | | Non-controlling interests | 28,343 | 26,559 | | Total Equity | 178,276 | 185,896 | | Changes during the period (2025 H1) | (34,515) | - | | Changes during the period (2024 H1) | - | 38,317 | Condensed Consolidated Statement of Cash Flows H1 2025 net cash from operations decreased, with significant financing outflows, reducing period-end cash and equivalents Condensed Consolidated Statement of Cash Flows (Unaudited) | Indicator | 2025 H1 (thousand RMB) | 2024 H1 (thousand RMB) | | :--- | :--- | :--- | | Net cash flows from operating activities | 7,504 | 36,204 | | Net cash flows from (used in) investing activities | 288 | (4) | | Net cash flows used in financing activities | (77,889) | — | | Change in cash and cash equivalents | (70,097) | 36,200 | | Cash and cash equivalents at beginning of period | 358,735 | 299,686 | | Cash and cash equivalents at end of period | 288,638 | 335,886 | Notes to the Financial Statements Basis of Presentation and Principal Accounting Policies Unaudited results adhere to HKFRSs, Hong Kong Companies Ordinance, and Listing Rules, using historical cost and consistent policies -
赛迪顾问(02176) - 2025 - 中期业绩