零在科技金融(00093) - 2025 - 中期业绩

Interim Results Summary This section provides an overview of the Group's financial performance and position for the interim period Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the six months ended June 30, 2025, the Group achieved significant growth in both revenue and profit for the period, driven by strong financial lending performance, despite increased fair value losses on investment properties and impairment losses on loans receivable Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income (HK$ thousand) | Metric | For the six months ended 2025年6月30日 (HK$ thousand) | For the six months ended 2024年6月30日 (HK$ thousand) | Change (HK$ thousand) | Growth Rate (%) | | :--- | :--- | :--- | :--- | :--- | | Revenue | 159,338 | 116,981 | 42,357 | 36.21 | | Operating Profit | 33,555 | 21,505 | 12,050 | 56.03 | | Profit Before Income Tax | 24,621 | 20,382 | 4,239 | 20.80 | | Profit for the Period Attributable to Owners of the Company | 18,888 | 14,709 | 4,179 | 28.41 | | Total Comprehensive Income for the Period | 20,235 | 4,201 | 16,034 | 381.67 | - Fair value loss on investment properties significantly decreased from HK$3,000 thousand in the prior period to HK$400 thousand for the current period[3] - Net impairment loss on loans and interest receivables increased from HK$43,530 thousand in the prior period to HK$67,195 thousand for the current period, an increase of approximately 54.37%[3] Interim Condensed Consolidated Statement of Financial Position As of June 30, 2025, the Group's total assets and total equity increased, with a significant rise in non-current loans and interest receivables and bank borrowings, while a non-current loan from a shareholder was reclassified to a current portion Interim Condensed Consolidated Statement of Financial Position (HK$ thousand) | Metric | As of 2025年6月30日 (HK$ thousand) | As of 2024年12月31日 (HK$ thousand) | Change (HK$ thousand) | Growth Rate (%) | | :--- | :--- | :--- | :--- | :--- | | Total Assets | 1,465,351 | 1,400,616 | 64,735 | 4.62 | | Total Equity | 1,113,189 | 1,092,954 | 20,235 | 1.85 | | Total Liabilities | 352,162 | 307,662 | 44,500 | 14.46 | - Non-current loans and interest receivables increased from HK$600,166 thousand as of December 31, 2024, to HK$687,622 thousand as of June 30, 2025, a growth of approximately 14.57%[5] - Non-current bank borrowings significantly increased from HK$112,000 thousand as of December 31, 2024, to HK$215,000 thousand as of June 30, 2025, a growth of approximately 91.96%[6] - Non-current loan from a shareholder decreased from HK$160,439 thousand as of December 31, 2024, to zero, with a new current portion of HK$97,582 thousand, indicating a reclassification of some shareholder loans to short-term liabilities[6] Notes to the Interim Condensed Consolidated Financial Information This section details the accounting policies and specific financial notes supporting the interim condensed consolidated financial information 1. Basis of Preparation The interim condensed consolidated financial information is prepared in accordance with the Listing Rules of The Stock Exchange of Hong Kong Limited and Hong Kong Accounting Standard 34, and should be read in conjunction with the annual consolidated financial statements - Financial information is prepared in accordance with Appendix D2 to the Listing Rules of The Stock Exchange of Hong Kong Limited and Hong Kong Accounting Standard 34 'Interim Financial Reporting' issued by the Hong Kong Institute of Certified Public Accountants[7] - The interim condensed consolidated financial information does not include all types of notes found in the annual consolidated financial statements and should be read in conjunction with the annual consolidated financial statements for the year ended December 31, 2024[7] 2. Accounting Policies The Group's interim condensed consolidated financial statements are prepared on a historical cost basis, except for leasehold land and buildings, investment properties, and financial assets at fair value through profit or loss, which are carried at fair value. The application of revised standards in the current period had no significant impact on financial position or performance, and the adoption of new and revised standards in the future is not expected to have a significant impact - The interim condensed consolidated financial statements are prepared on a historical cost basis, except for leasehold land and buildings, investment properties, and financial assets at fair value through profit or loss, which are carried at fair value[8] - Amendments to HKAS 21 and HKFRS 1, effective January 1, 2025, had no impact on the Group's financial position and performance[10] - The Board's preliminary assessment indicates that the adoption of new and revised standards in the future, such as HKFRS 18 and HKFRS 19, is not expected to have any significant impact on the Group's financial position and operating results[12] 3. Segment Information The Group's main operating segments are property development and investment and financial lending. The financial lending segment is the primary revenue contributor, with significant growth in both revenue and segment results, while the property development and investment segment recorded a loss. Hong Kong contributed the vast majority of external customer revenue and non-current assets - The Group has two reportable segments: Property Development and Investment (sales and leasing of properties in PRC) and Financial Lending (providing mortgage and personal loan financing to customers in Hong Kong)[14] Segment Revenue and Results (HK$ thousand) | Segment | For the six months ended 2025年6月30日 Revenue | For the six months ended 2024年6月30日 Revenue | For the six months ended 2025年6月30日 Segment Results | For the six months ended 2024年6月30日 Segment Results | | :--- | :--- | :--- | :--- | :--- | | Property Development and Investment | 755 | 794 | (946) | (2,503) | | Financial Lending | 155,498 | 116,187 | 30,006 | 28,666 | | Segment Total | 156,253 | 116,981 | 29,060 | 26,163 | | Total | 159,338 | 116,981 | 24,621 (Profit Before Income Tax) | 20,382 (Profit Before Income Tax) | Revenue and Non-current Assets by Geographical Location (HK$ thousand) | Region | For the six months ended 2025年6月30日 Revenue | For the six months ended 2024年6月30日 Revenue | As of 2025年6月30日 Non-current Assets | As of 2024年12月31日 Non-current Assets | | :--- | :--- | :--- | :--- | :--- | | Hong Kong | 155,498 | 116,187 | 946,981 | 859,442 | | PRC | 3,84