新娱科控股(06933) - 2025 - 中期业绩

Financial Performance - Total revenue for the six months ended June 30, 2025, was approximately RMB 23,115,000, a decrease of 23.8% compared to RMB 30,323,000 for the same period in 2024[7] - The net loss for the period was approximately RMB 1,756,000, a reduction of 70.7% from RMB 5,984,000 in the previous year, primarily due to increased revenue from blockchain-related services[8] - The group reported a loss of approximately RMB 1,756,000 for the period, a decrease from RMB 5,984,000 for the six months ending June 30, 2024, primarily due to increased revenue from blockchain technology applications and reduced administrative expenses[24] - The company reported a basic and diluted loss per share of RMB 0.89, an improvement from RMB 1.38 in the prior year[39] - The group’s income tax expense for the period was approximately RMB 990,000, compared to RMB 1,440,000 for the six months ending June 30, 2024[23] Revenue Breakdown - Revenue from blockchain technology development and technical support amounted to RMB 13,915,000, with no revenue from self-developed games during the period[10] - Revenue from the issuance of third-party games was approximately RMB 9,200,000, down from RMB 16,172,000 in the same period last year[16] - Revenue from third-party game publishing in China was RMB 9,200,000, down from RMB 16,172,000 in the previous year, representing a decline of 43.5%[56][57] - The mobile gaming segment generated revenue of RMB 9,200,000, while the blockchain technology segment contributed RMB 13,915,000, indicating a shift in revenue sources[59] Expenses and Investments - Administrative expenses were approximately RMB 9,203,000, significantly reduced from RMB 21,050,000 in the previous year, mainly due to decreased amortization of intangible assets[18] - Research and development expenses for the period were approximately RMB 12,038,000, compared to RMB 267,000 in the same period last year, reflecting increased investment in game service development[19] - The company made a significant investment of approximately RMB 20,860,000 in intangible assets related to the development of a social finance mobile application[45] - The net cash used in operating activities was RMB 19,535,000, compared to RMB 10,455,000 in the previous year, highlighting increased operational expenditures[44] Financial Position - Total assets increased to RMB 110,454,000 as of June 30, 2025, compared to RMB 90,796,000 at the end of 2024, showing growth in the company's financial position[41] - The group’s net current assets were approximately RMB 72,824,000 as of June 30, 2025, compared to RMB 69,482,000 on December 31, 2024[27] - The group has no bank or other borrowings as of June 30, 2025, consistent with December 31, 2024[28] - As of June 30, 2025, the group’s debt-to-equity ratio was 6.1%, down from 10.7% on December 31, 2024[26] Strategic Plans - The company plans to continue leveraging blockchain technology to develop high-growth potential businesses and enhance game development and publishing capabilities[10] - The group is optimistic about its blockchain technology applications and plans to continue investing in the development of live streaming platforms to enhance its business[38] - The group will regularly review its business strategies to capture opportunities in both domestic and overseas markets[38] - The company aims to strengthen relationships with existing clients and develop new client relationships to drive business growth[10] Shareholder and Governance Information - The company did not declare any dividends for the interim periods, reflecting a conservative approach to cash management amid ongoing losses[64] - The board of directors did not recommend any interim dividend for the six months ended June 30, 2025[76] - The company has adopted the corporate governance code principles as per the Listing Rules Appendix C1 and complied with all applicable code provisions for the six months ending June 30, 2025[104] - An audit committee has been established in accordance with Listing Rule 3.21, responsible for ensuring effective internal control and risk management frameworks[105] Employee and Management Compensation - The total remuneration for directors and key management personnel increased to RMB 1,528,000 for the six months ended June 30, 2025, compared to RMB 1,142,000 for the same period in 2024, reflecting a growth of approximately 33.8%[75] - For the six months ending June 30, 2025, the group recognized share-based payment expenses of approximately RMB 1,663,000, compared to RMB 7,337,000 for the same period ending June 30, 2024[102] Share Plans - The company plans to adopt a new share plan on April 9, 2025, following the termination of the old plans[89] - The new share plan was adopted on April 9, 2025, allowing for the issuance of up to 41,483,781 shares, representing approximately 10% of the total issued shares as of the adoption date[96] - The reward shares granted under the new share plan will vest in three tranches: 20% on November 28, 2025, 30% on November 28, 2026, and 50% on November 28, 2027[100] - The new share plan is designed to attract suitable personnel for the company's further development and to retain qualified participants[96]