中国钱包(00802) - 2025 - 中期财报

Unaudited Interim Results Condensed Consolidated Statement of Profit or Loss The Group achieved 90.85% revenue growth to 23,246 thousand HKD for the six months ended June 30, 2025, successfully turning a loss into a 3,009 thousand HKD profit Period Financial Performance (Six Months Ended June 30) | Indicator | 2025 (thousand HKD) | 2024 (thousand HKD) | Year-on-Year Change (%) | | :--- | :--- | :--- | :--- | | Revenue | 23,246 | 12,180 | 90.85% | | Gross Profit | 3,621 | 726 | 398.76% | | Operating Profit/(Loss) | 3,879 | (23,060) | Turned Loss to Profit | | Profit/(Loss) for the Period | 3,009 | (23,930) | Turned Loss to Profit | | Basic Earnings/(Loss) Per Share | 0.48 HK cents | (3.97) HK cents | Turned Loss to Profit | - Key change reason: The net realized and unrealized fair value gains/(losses) on financial assets at fair value through profit or loss shifted from a loss of 21,496 thousand HKD in 2024 to a gain of 2,572 thousand HKD in 2025, a key factor in turning the loss into profit[3] - Selling and administrative expenses slightly increased from 2,664 thousand HKD in 2024 to 2,686 thousand HKD in 2025, but their proportion of revenue significantly decreased[3] Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income For the six months ended June 30, 2025, the Group recorded total comprehensive income of 3,009 thousand HKD, reversing a 23,939 thousand HKD loss in the prior year Total Comprehensive Income/(Loss) for the Period (Six Months Ended June 30) | Indicator | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | Profit/(Loss) for the Period | 3,009 | (23,930) | | Exchange differences on translation of foreign operations | – | (9) | | Total Comprehensive Income/(Loss) for the Period | 3,009 | (23,939) | - Total comprehensive income/(loss) attributable to owners of the Company: 2,916 thousand HKD in 2025, and (23,967) thousand HKD in 2024[6] Condensed Consolidated Statement of Financial Position As at June 30, 2025, the Group's total assets increased to 65,942 thousand HKD, a 7.87% growth from 61,132 thousand HKD at the end of 2024, with total equity increasing to 30,116 thousand HKD and total liabilities to 35,826 thousand HKD Key Balance Sheet Data (As at June 30) | Indicator | 2025 (thousand HKD) | Dec 31, 2024 (thousand HKD) | Change (%) | | :--- | :--- | :--- | :--- | | Total Assets | 65,942 | 61,132 | 7.87% | | Financial Assets at Fair Value Through Profit or Loss | 45,019 | 44,833 | 0.41% | | Trade Receivables | 12,454 | 6,170 | 101.85% | | Cash and Bank Balances | 5,251 | 6,176 | -15.00% | | Total Equity | 30,116 | 27,107 | 11.09% | | Total Liabilities | 35,826 | 34,025 | 5.30% | | Net Current Assets | 29,646 | 41,621 | -28.77% | - Significant growth in trade receivables: Trade receivables increased from 6,170 thousand HKD at the end of 2024 to 12,454 thousand HKD as at June 30, 2025, more than doubled[8] - Changes in bonds payable structure: Bonds payable in non-current liabilities decreased from 14,515 thousand HKD at the end of 2024 to zero, while bonds payable in current liabilities increased from zero to 15,265 thousand HKD, indicating some bonds have been reclassified as short-term liabilities[10] Condensed Consolidated Statement of Changes in Equity For the six months ended June 30, 2025, equity attributable to owners of the Company increased from 27,657 thousand HKD as at January 1, 2025, to 30,573 thousand HKD, primarily driven by a profit of 2,916 thousand HKD for the period Equity Attributable to Owners of the Company (thousand HKD) | Indicator | June 30, 2025 (thousand HKD) | Jan 1, 2025 (thousand HKD) | June 30, 2024 (thousand HKD) | Jan 1, 2024 (thousand HKD) | | :--- | :--- | :--- | :--- | :--- | | Equity Attributable to Owners of the Company | 30,573 | 27,657 | 308,025 | 331,992 | - Profit for the period and total comprehensive income: For the first half of 2025 was 2,916 thousand HKD, while for the first half of 2024 was a loss of 23,967 thousand HKD, showing significant improvement in the company's profitability[11] - Share capital remained unchanged: Issued and fully paid share capital remained at 6,035 thousand HKD during the reporting period, with the number of shares at 603,545,948[11] Condensed Consolidated Statement of Cash Flows For the six months ended June 30, 2025, the Group's net cash used in operating activities was 2,133 thousand HKD, a decrease from the prior year, with cash and cash equivalents at period-end of 5,251 thousand HKD, a decrease from the beginning of the year Key Cash Flow Data (Six Months Ended June 30) | Indicator | 2025 (thousand HKD) | 2024 (thousand HKD) | | :--- | :--- | :--- | | Net Cash Used in Operating Activities | (2,133) | (4,353) | | Net Cash From Investing Activities | 1,448 | 1 | | Net Cash Used in Financing Activities | (240) | (1,217) | | Net Decrease in Cash and Cash Equivalents | (925) | (5,569) | | Cash and Cash Equivalents at June 30 | 5,251 | 7,286 | - Operating cash flow improved: Net cash used in operating activities decreased from 4,353 thousand HKD in 2024 to 2,133 thousand HKD in 2025, indicating improved operating efficiency[14] - Investing cash flow significantly increased: Net cash from investing activities significantly increased from 1 thousand HKD in 2024 to 1,448 thousand HKD in 2025[14] Notes to the Condensed Consolidated Interim Financial Information Item 1. General Information and Basis of Preparation The Company is an investment holding company registered in Bermuda, with principal activities including mobile application development and settlement application services, and trading of beauty, computer, and mobile-related electronic products and services; interim financial information is presented in HKD and prepared in accordance with IAS 34 and the Listing Rules, with accounting policies consistent with the 2024 annual statements, except for IFRS amendments effective January 1, 2025 - Company nature and principal activities: The Company is an investment holding company, with principal activities including mobile application development and settlement application services, and trading of beauty, computer, and mobile-related electronic products and services[16] - Basis of preparation: The interim financial information is prepared in accordance with International Accounting Standard 34 'Interim Financial Reporting' and the applicable disclosure requirements of Appendix D2 to the Listing Rules of the Stock Exchange[17] - Consistency of accounting policies: The principal accounting policies adopted in the preparation of the interim financial information are consistent with those adopted in the annual audited consolidated financial statements for the year ended December 31, 2024, except for the amendments to International Financial Reporting Standards effective January 1, 2025[17] [Item 2. Application of Revised International Financial Reporting Standards](index=9&type=section&id=Item%20