雅高控股(03313) - 2025 - 中期财报

Company Information Board of Directors and Committees This section details the Board of Directors' composition, including executive, non-executive, and independent directors, and lists key committee members - The Board of Directors includes Ms. Wu Jing (Co-Chairperson and Acting CEO) and Mr. Cai Youshen (Co-Chairperson) as executive directors, Mr. Gu Zengcai as a non-executive director, and Ms. Long Yuequn, Mr. Xu Yi'an, Mr. Zhai Feiquan as independent non-executive directors[3] - The Audit Committee is chaired by Ms. Long Yuequn, the Remuneration and Nomination Committees by Mr. Xu Yi'an, and the Investment Committee by Ms. Wu Jing[3] Company Contact and Registration Information This section provides essential company contact and registration details, including registered office, principal business locations, auditor, and stock information - The company is registered in the Cayman Islands, with principal places of business in Shanghai and Jiangxi, China, and Central, Hong Kong[3] - The auditor is RSM Hong Kong, and the Hong Kong share registrar is Hong Kong Central Share Registrar Limited[3][5] - The company's stock code is 3313, and its website is **www.artgo.cn**[5](index=5&type=chunk) Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the six months ended June 30, 2025, revenue grew by 10.4% to RMB30.7 million, but loss expanded to RMB26.9 million, driven by reduced other income and higher finance costs Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income (For the six months ended June 30) | Indicator | 2025 (RMB'000) | 2024 (RMB'000) | | :--- | :--- | :--- | | Revenue | 30,709 | 27,805 | | Cost of sales | (22,918) | (20,259) | | Gross profit | 7,791 | 7,546 | | Other income and gains | 2,147 | 10,039 | | Selling and distribution expenses | (3,233) | (3,842) | | Administrative expenses | (21,450) | (26,935) | | Other expenses | (239) | (429) | | Expected credit losses on trade receivables | (2,669) | (2,454) | | Expected credit losses on other receivables | (280) | (265) | | Finance costs | (8,371) | (7,402) | | Share of results of associates | (498) | (460) | | Loss before tax | (26,802) | (24,202) | | Income tax expense | (143) | (341) | | Loss and total comprehensive loss for the period | (26,945) | (24,543) | | Attributable to: | | | | Owners of the Company | (26,945) | (24,526) | | Non-controlling interests | – | (17) | | Basic and diluted loss per share | (RMB0.023) | (RMB0.025) | Interim Condensed Consolidated Statement of Financial Position As of June 30, 2025, the company's total assets less current liabilities were RMB827.0 million, with net assets of RMB573.8 million, a decrease from December 31, 2024, primarily due to increased non-current liabilities Interim Condensed Consolidated Statement of Financial Position (As of June 30) | Indicator | 2025 (RMB'000) | 2024 (RMB'000) | | :--- | :--- | :--- | | Non-current assets | | | | Property, plant and equipment | 404,259 | 409,431 | | Investment properties | 18,143 | 18,345 | | Right-of-use assets | 257,227 | 261,609 | | Intangible assets | 80,449 | 80,449 | | Investments in associates | 36,834 | 37,332 | | Prepayments, deposits and other receivables | 2,836 | 3,370 | | Deferred tax assets | 156 | 156 | | Total non-current assets | 799,904 | 810,692 | | Current assets | | | | Inventories | 29,279 | 23,558 | | Trade receivables | 16,070 | 19,073 | | Prepayments, deposits and other receivables | 136,857 | 129,626 | | Restricted deposits | 634 | 634 | | Cash and bank balances | 7,627 | 16,053 | | Total current assets | 190,467 | 188,944 | | Current liabilities | | | | Trade payables | 27,481 | 23,278 | | Contract liabilities | 14,372 | 11,945 | | Other payables and accrued expenses | 71,110 | 76,866 | | Tax payable | 23,600 | 26,153 | | Lease liabilities | 87 | 610 | | Interest-bearing bank and other borrowings | 26,694 | 24,730 | | Total current liabilities | 163,344 | 163,582 | | Net current assets | 27,123 | 25,362 | | Total assets less current liabilities | 827,027 | 836,054 | | Non-current liabilities | | | | Interest-bearing bank and other borrowings | 218,098 | 200,720 | | Deferred tax liabilities | 9,010 | 8,984 | | Deferred income | 3,694 | 3,799 | | Provision for reclamation | 22,466 | 21,847 | | Total non-current liabilities | 253,268 | 235,350 | | Net assets | 573,759 | 600,704 | | Total equity | 573,759 | 600,704 | Interim Condensed Consolidated Statement of Changes in Equity For the six months ended June 30, 2025, total equity attributable to owners of the company decreased to RMB480.2 million from RMB507.1 million as of January 1, 2025, primarily due to the loss for the period Interim Condensed Consolidated Statement of Changes in Equity (For the six months ended June 30) | Item | As of January 1, 2024 (Audited) | Loss and total comprehensive loss for the period | Issue of new shares | Disposal of a subsidiary | As of June 30, 2024 (Unaudited) | As of January 1, 2025 (Audited) | Loss and total comprehensive loss for the period | As of June 30, 2025 (Unaudited) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Attributable to owners of the Company | | | | | | | | | | Issued share capital (RMB'000) | 166,551 | – | 11,218 | – | 177,769 | 10,690 | – | 10,690 | | Reserves (RMB'000) | 540,003 | (24,526) | – | – | 515,477 | 496,431 | (26,945) | 469,486 | | Subtotal | 706,554 | (24,526) | 11,218 | – | 693,246 | 507,121 | (26,945) | 480,176 | | Non-controlling interests (RMB'000) | 93,053 | (17) | – | 548 | 93,584 | 93,583 | – | 93,583 | | Total equity (RMB'000) | 799,607 | (24,543) | 11,218 | 548 | 786,820 | 600,704 | (26,945) | 573,759 | Interim Condensed Consolidated Statement of Cash Flows For the six months ended June 30, 2025, net cash used in operating activities was RMB(26.1) million, while net cash from financing activities was RMB18.8 million, resulting in a net decrease in cash and cash equivalents of RMB(8.4) million Interim Condensed Consolidated Statement of Cash Flows (For the six months ended June 30) | Indicator | 2025 (RMB'000) | 2024 (RMB'000) | | :--- | :--- | :--- | | Net cash used in operating activities | (26,058) | (10,116) | | Net cash used in investing activities | (1,155) | (3,193) | | Net cash from/(used in)