Financial Performance - Revenue for the six months ended June 30, 2025, was RMB 303,197,000, a decrease of 1.70% compared to RMB 308,433,000 for the same period in 2024[6] - Gross profit increased by 21.94% to RMB 210,161,000 from RMB 172,344,000 year-on-year[6] - Profit for the period rose slightly by 1.11% to RMB 19,034,000 compared to RMB 18,825,000 in the previous year[6] - Revenue from SaaS value-added services increased significantly to RMB 197,750,000 from RMB 153,335,000 year-on-year[14] - The company's profit attributable to owners for the six months ended June 30, 2025, was RMB 19,121,000, compared to RMB 18,896,000 for the same period in 2024, reflecting a growth of 1.2%[24] - The net profit for the period was approximately RMB 19.03 million, a slight increase of about 1.1% from RMB 18.82 million in 2024[43] Income and Expenses - The company reported other income of RMB 9,048,000, up from RMB 4,020,000 in the prior period[7] - Total other income for the six months ended June 30, 2025, was RMB 9,048,000, an increase of 125.4% compared to RMB 4,020,000 for the same period in 2024[17] - The total employee costs for the six months ended June 30, 2025, were RMB 25,207,000, up from RMB 24,021,000 in the same period of 2024, indicating a rise of 4.9%[22] - Distribution and selling expenses rose by approximately 40.4% to RMB 174.6 million, driven by the expansion of software and value-added services sales[37] - Administrative expenses decreased by approximately 25.8% to RMB 14.6 million compared to RMB 19.7 million in 2024[38] - Research and development expenses were RMB 9,219,000, a decrease from RMB 9,752,000 year-on-year[7] - Research and development expenses decreased by approximately 5.5% to RMB 9.2 million, compared to RMB 9.8 million in the previous year[39] Assets and Liabilities - Total assets as of June 30, 2025, were RMB 676,843,000, down from RMB 699,004,000 at the end of 2024[10] - Current liabilities decreased to RMB 230,501,000 from RMB 226,836,000 year-on-year[10] - The company’s net assets increased to RMB 678,348,000 from RMB 659,222,000 in the previous year[10] - Trade payables as of June 30, 2025, totaled RMB 86,179,000, a decrease from RMB 122,210,000 as of December 31, 2024[26] - Trade and other receivables and prepayments increased by approximately 18.9% to RMB 251.65 million as of June 30, 2025, from RMB 211.73 million as of December 31, 2024, due to business expansion and growth[46] - Trade and other payables decreased by approximately 29.5% to RMB 86.18 million as of June 30, 2025, from RMB 122.2 million as of December 31, 2024, primarily due to a reduction in amounts payable to suppliers[47] Shareholder Information - The company’s basic earnings per share for the period were RMB 0.05, compared to RMB 0.31 in the previous year[8] - The company's weighted average number of ordinary shares for calculating basic earnings per share was 366,600,000 for the six months ended June 30, 2025, compared to 60,600,000 for the same period in 2024[24] - The company did not declare any dividends during the reporting period[23] - No interim dividend was recommended by the board for the reporting period[65] Corporate Governance and Compliance - The company has complied with all applicable corporate governance codes during the reporting period[59] - The company maintained sufficient public float as required by the Listing Rules, with at least 25% of the issued share capital held by the public throughout the reporting period[63] - An audit committee has been established, consisting of three independent non-executive directors, to review the unaudited interim financial information[67] - The interim results announcement is available on the company's website and the Hong Kong Stock Exchange website, complying with all regulatory requirements[68] Future Plans and Developments - The company plans to expand its customer base among leading new energy vehicle manufacturers and explore new business scenarios in used car trading and digital financial services[31] - The company has no future significant investments or new capital asset plans as of the announcement date[58] - The company had no significant investments, acquisitions, or disposals of subsidiaries, associates, or joint ventures during the reporting period[48] Employee Information - The company has 248 full-time employees as of June 30, 2025, primarily located in Shenzhen and Huizhou, Guangdong Province[54]
广联科技控股(02531) - 2025 - 中期业绩