数字王国(00547) - 2025 - 中期业绩

Interim Results Announcement This section presents the condensed consolidated financial statements, including the statement of profit or loss, comprehensive income, financial position, and cash flows, for the interim period Condensed Consolidated Statement of Profit or Loss For the six months ended June 30, 2025, the company's revenue significantly increased, but it still recorded a loss, though the loss narrowed compared to the same period last year. Gross profit substantially improved, indicating better core business profitability | Metric | 2025 (HK$ Thousand) | 2024 (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 416,498 | 264,888 | +57.2% | | Cost of Sales and Services Provided | (327,604) | (226,377) | +44.7% | | Gross Profit | 88,894 | 38,511 | +130.8% | | Loss Before Tax | (91,161) | (113,299) | -19.5% | | Loss for the Period | (91,232) | (115,011) | -20.7% | | Basic and Diluted Loss Per Share Attributable to Owners of the Company | (1.106) HK cents | (1.378) HK cents | -19.7% | - Financial assets at fair value through profit or loss recorded a net loss of HK$15,997 thousand in 2025, compared to a net gain of HK$13,150 thousand in 2024, negatively impacting the loss for the period[3] Condensed Consolidated Statement of Comprehensive Income Despite recording a loss for the period, total comprehensive income significantly narrowed compared to the same period last year due to the positive impact of currency translation differences | Metric | 2025 (HK$ Thousand) | 2024 (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | | Loss for the Period | (91,232) | (115,011) | -20.7% | | Currency Translation Differences | 19,610 | 1,827 | +973.4% | | Total Comprehensive Income for the Period | (71,616) | (113,184) | -36.8% | | Total Comprehensive Income Attributable to Owners of the Company | (67,540) | (108,484) | -37.8% | Condensed Consolidated Statement of Financial Position As of June 30, 2025, the company's total assets increased, but net current assets and net assets both decreased, reflecting an increase in current liabilities and a reduction in shareholders' equity | Metric | June 30, 2025 (HK$ Thousand) | December 31, 2024 (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | | Non-current Assets | 586,176 | 561,331 | +4.4% | | Current Assets | 543,546 | 504,980 | +7.6% | | Current Liabilities | 464,685 | 341,927 | +35.9% | | Net Current Assets | 78,861 | 163,053 | -51.7% | | Net Assets | 354,885 | 422,010 | -15.9% | | Total Equity | 354,885 | 422,010 | -15.9% | - Trade and other receivables and prepayments increased from HK$98,385 thousand as of December 31, 2024, to HK$119,752 thousand as of June 30, 2025, and contract assets significantly increased from HK$6,475 thousand to HK$48,476 thousand[5] - Trade and other payables and accruals increased from HK$175,556 thousand as of December 31, 2024, to HK$249,157 thousand as of June 30, 2025, and borrowings also increased from HK$108,982 thousand to HK$130,508 thousand[5] Condensed Consolidated Statement of Cash Flows For the six months ended June 30, 2025, cash flow from operating activities turned positive, cash outflow from investing activities decreased, but cash flow from financing activities shifted from net inflow to net outflow, resulting in a net decrease in cash and cash equivalents | Metric | 2025 (HK$ Thousand) | 2024 (HK$ Thousand) | Change (%) | | :--- | :--- | :--- | :--- | | Net Cash From/(Used In) Operating Activities | 233 | (143,577) | Turned Positive | | Net Cash Used In Investing Activities | (71,613) | (161,555) | -55.7% | | Net Cash (Used In)/From Financing Activities | (815) | 128,467 | Turned Negative | | Net Decrease in Cash and Cash Equivalents | (72,195) | (176,665) | -59.1% | | Cash and Cash Equivalents at June 30 | 80,380 | 286,624 | -71.9% | - The positive shift in operating cash flow was primarily due to improved working capital movements, especially the increase in trade and other payables and accruals, and contract liabilities[7] - The decrease in cash outflow from investing activities was mainly due to a reduction in investments in financial assets at fair value through profit or loss, from HK$78,024 thousand in 2024 to HK$15,989 thousand in 2025[8] Notes This section provides detailed explanations of the accounting policies, financial performance, and financial position presented in the interim financial statements 1. Basis of Preparation and Accounting Policies These interim financial statements are prepared in accordance with HKAS 34 and the Listing Rules, using the historical cost basis and consistent accounting policies with the 2024 annual consolidated financial statements, without significant impact from newly revised standards - The unaudited condensed consolidated interim financial statements are prepared in accordance with Hong Kong Accounting Standard 34 'Interim Financial Reporting' issued by the Hong Kong Institute of Certified Public Accountants and the applicable disclosure requirements of Appendix D2 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited[9] - These financial statements are prepared on the historical cost basis, except for certain financial instruments measured at fair value[9] - The adoption of revised Hong Kong Financial Reporting Standards effective from January 1, 2025, had no significant impact on the Group's accounting policies[11] 2. Changes in Hong Kong Financial Reporting Standards The Group has adopted revised HKFRSs effective for the current accounting period, with no significant impact on accounting policies, and is evaluating newly issued but not yet effective standards - The Group has adopted all revised Hong Kong Financial Reporting Standards relevant to its operations and effective for the Group's current accounting period, with no significant impact on accounting policies[11] - The Group has not early adopted any revised Hong Kong Financial Reporting Standards that have been issued but are not yet effective, and is currently assessing their potential impact[11] - Some revised standards will be effective on or after January 1, 2026, and others on or after January 1, 2027[12] 3. Application of Judgements and Estimates The significant judgements and sources of estimation uncertainty used in preparing these interim financial statements are consistent with those applied in the 2024 annual consolidated financial statements - The significant judgements made by management in applying the Group's accounting policies and the key sources of estimation uncertainty are the same as those applied in the 2024 annual consolidated financial statements[12] 4. Revenue and Segment Reporting The Group primarily operates in two reportable segments: Media Entertainment and Trading. Media Entertainment revenue significantly grew but still incurred a loss; Trading revenue and profit decreased, yet both segments saw increases in assets and liabilities - The Group has two reportable segments: Media Entertainment (providing visual effects production, post-production, and virtual human services) and Trading (sales of semiconductor memory chips and esports products, and commission income)[14] Reportable Segments The Group's operations are divided into two reportable segments, Media Entertainment and Trading, based on reports reviewed by the chief operating decision maker - The Group determines its operating segments based on reports reviewed by the chief operating decision maker for decision-making purposes[13] - The two reportable segments are Media