Financial Performance - Revenue for the six months ended June 30, 2025, was RMB 133,740,000, representing an increase of 8.5% compared to RMB 122,905,000 for the same period in 2024[12] - Gross profit for the same period was RMB 24,066,000, a decrease of 2.7% from RMB 24,725,000 in 2024[12] - The company reported a pre-tax loss of RMB 64,609,000, compared to a pre-tax loss of RMB 55,403,000 in the previous year, indicating a deterioration in financial performance[12] - The company reported a loss attributable to shareholders of RMB 64.4 million, an increase in loss of RMB 9.2 million compared to the previous year, influenced by fair value changes in equity investments and increased sales and distribution expenses[17] - The company reported a total comprehensive loss of RMB 69,157,000 for the six months ended June 30, 2025, compared to a loss of RMB 57,007,000 in 2024, marking an increase of approximately 21.3%[101] - Basic and diluted loss per share for the period was RMB 6.86, compared to RMB 6.67 in 2024, indicating a slight increase in loss per share[101] Assets and Liabilities - Total assets as of June 30, 2025, were RMB 815,909,000, down from RMB 882,822,000 as of December 31, 2024[12] - Total liabilities increased slightly to RMB 145,628,000 from RMB 143,384,000 in the previous period[12] - The total equity as of June 30, 2025, was RMB 670,281,000, down from RMB 739,438,000 at the end of 2024[12] - The company's net asset value decreased to RMB 670,281,000 from RMB 739,438,000, a decline of about 9.4%[104] - The company's cash and cash equivalents decreased to RMB 279,505,000 from RMB 346,805,000, a decline of approximately 19.4%[103] Revenue Sources - Software development services generated revenue of RMB 118.7 million, a slight increase of 13.3% year-on-year, solidifying the core business[15] - Revenue from software development services increased to RMB 118,661,000 in 2025, up from RMB 104,769,000 in 2024, representing a growth of approximately 13.2%[118] - The company achieved revenue of RMB 133.7 million, an increase of 8.8% from RMB 122.9 million in the same period last year, primarily driven by an increase in software development service revenue, which accounted for 88.8% of total revenue[23] Research and Development - The company continues to focus on R&D for new products and technologies, including RPA solutions and big data management for healthcare[13] - Research and development expenses decreased by 26.6% to RMB 27.6 million from RMB 37.6 million year-on-year, attributed to a reduction in R&D personnel and deferred development cost amortization[35] - The company plans to implement a dual innovation strategy focusing on "technological R&D innovation" and "business model innovation" in the second half of 2025[21] Corporate Governance - The board emphasizes the importance of good corporate governance to protect shareholder interests and enhance corporate value[71] - The company has complied with the corporate governance code, with a noted deviation regarding the roles of the Chairman and CEO being held by the same individual, Mr. Zhai[72] - Continuous training is provided to employees to ensure they possess the necessary skills and knowledge for various functions[64] Cash Flow and Financing - The net cash used in operating activities for the six months ended June 30, 2025, was RMB 38,968,000, compared to RMB 34,291,000 for the same period in 2024, reflecting an increase of approximately 7.8%[108] - The company’s financing activities resulted in a net cash outflow of RMB 12,956,000 in 2025, contrasting with a net cash inflow of RMB 47,618,000 in 2024[108] - The company’s total financing costs decreased to RMB 539,000 in 2025 from RMB 1,067,000 in 2024, a reduction of approximately 49.6%[120] Shareholder Information - As of June 30, 2025, the company has a total of 943,817,280 shares issued, with Mr. Zhai holding 304,500,800 shares, representing approximately 32.26% of the issued share capital[65] - Earnest Kai Holdings Limited, controlled by Mr. Yuan, holds 138,400,000 shares, accounting for 14.66% of the issued share capital[68] - The company has adopted a share option scheme post-IPO to incentivize eligible individuals contributing to the group's interests[64] Industry and Market Focus - The company is targeting specific industries such as finance, healthcare, and logistics for its high-value IT solutions[13] - The company is committed to providing comprehensive solutions that meet customer needs and improve industry competitiveness[13] Awards and Recognition - The company received multiple industry awards, including the "Golden Ding Product Award" for its IT solution at the "Dingxin Cup" competition[20]
新纽科技(09600) - 2025 - 中期财报