众安智慧生活(02271) - 2025 - 中期业绩

Financial Highlights The company reported interim results for the six months ended June 30, 2025, showing revenue growth but a decline in profit for the period and attributable to owners of the parent, while total assets and net assets increased Overview of Financial Highlights Zhong An Smart Living Services Co., Ltd. reported interim results for the six months ended June 30, 2025, with revenue increasing by 17.76% to RMB 214.485 million, but profit for the period and profit attributable to owners of the parent decreased by 23.53% and 20.45% respectively, while total assets and net assets both increased Interim Financial Highlights for the Six Months Ended June 30, 2025 | Metric | 2025 (thousand RMB) | 2024 (thousand RMB) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 214,485 | 182,145 | 17.76% | | Gross Profit | 65,484 | 57,711 | 13.47% | | Profit for the Period | 10,904 | 14,260 | -23.53% | | Profit Attributable to Owners of the Parent | 11,419 | 14,354 | -20.45% | | Earnings Per Share Attributable to Owners of the Parent (Basic and Diluted) | RMB 2.21 cents | RMB 2.77 cents | - | | Balance Sheet (Period End): | 2025年6月30日 | 2024年12月31日 | Change (%) | | Total Assets | 514,130 | 469,846 | 9.43% | | Net Assets | 300,278 | 299,343 | 0.31% | | Net Asset Value Per Share | RMB 0.58 | RMB 0.58 | 0.00% | Interim Condensed Consolidated Financial Information The notes provide detailed information on the company's incorporation, accounting policies, operating segments, revenue, and financial performance Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the six months ended June 30, 2025, the company experienced revenue growth but a decline in profit for the period and attributable to owners of the parent due to various increased expenses and impairment losses Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income (For the Six Months Ended June 30) | Metric | 2025 (thousand RMB) | 2024 (thousand RMB) | | :--- | :--- | :--- | | Revenue | 214,485 | 182,145 | | Cost of Sales | (149,001) | (124,434) | | Gross Profit | 65,484 | 57,711 | | Other Income | 474 | 2,581 | | Selling and Distribution Expenses | (766) | – | | Administrative Expenses | (38,364) | (37,353) | | Net Impairment Loss on Financial Assets | (10,503) | (3,862) | | Finance Costs | (390) | – | | Profit Before Tax | 15,965 | 19,077 | | Income Tax Expense | (5,061) | (4,817) | | Profit for the Period | 10,904 | 14,260 | | Profit Attributable to Owners of the Parent | 11,419 | 14,354 | | Non-controlling Interests | (515) | (94) | | Earnings Per Share Attributable to Owners of the Parent (Basic and Diluted) | RMB 2.21 cents | RMB 2.77 cents | Interim Condensed Consolidated Statement of Financial Position As of June 30, 2025, the company's total assets and net assets increased, with significant growth in trade receivables and cash, alongside shifts in current liabilities Interim Condensed Consolidated Statement of Financial Position (As of June 30, 2025) | Metric | 2025年6月30日 (thousand RMB) | 2024年12月31日 (thousand RMB) | | :--- | :--- | :--- | | Non-current Assets | | | | Property and Equipment | 4,455 | 4,348 | | Intangible Assets | 52 | 70 | | Investment in an Associate | 87 | 57 | | Deferred Tax Assets | 7,458 | 5,051 | | Total Non-current Assets | 12,052 | 9,526 | | Current Assets | | | | Inventories | 702 | 719 | | Trade Receivables | 195,359 | 153,294 | | Amounts Due from Related Companies | 81,316 | 104,625 | | Prepayments, Other Receivables and Other Assets | 60,650 | 61,602 | | Cash and Cash Equivalents | 164,051 | 137,178 | | Pledged Deposits | – | 2,902 | | Total Current Assets | 502,078 | 460,320 | | Current Liabilities | | | | Trade Payables | 20,227 | 24,530 | | Other Payables, Deposits Received and Accrued Charges | 72,832 | 57,433 | | Contract Liabilities | 48,523 | 49,950 | | Tax Payables | 27,866 | 32,980 | | Dividends Payable | 9,779 | – | | Deferred Tax Liabilities | 2,534 | 2,241 | | Interest-bearing Bank Borrowings | 8,000 | – | | Total Current Liabilities | 189,761 | 167,134 | | Net Assets | 300,278 | 299,343 | | Total Equity | 300,278 | 299,343 | Notes to the Interim Condensed Consolidated Financial Information The notes provide detailed information on the company's incorporation, accounting policies, operating segments, revenue, and financial performance 1. Company Information Zhong An Smart Living Services Co., Ltd. was incorporated in the Cayman Islands on November 16, 2020, as a member of Zhong An Group, primarily providing property management, value-added services to property developers, and community value-added services in China - Company was incorporated in the Cayman Islands on November 16, 2020, and is a member of Zhong An Group[7] - The Group primarily provides property management services, value-added services to property developers, and community value-added services in China[7] 2. Basis of Preparation and Accounting Policies Interim condensed consolidated financial information is prepared in accordance with IAS 34 and presented in RMB, with no material impact from new accounting standard amendments - Interim condensed consolidated financial information is prepared in accordance with International Accounting Standard 34 'Interim Financial Reporting' and presented in RMB[8] - The amendments to **IAS