Financial Performance - For the six months ended September 30, 2024, the company's revenue was zero, a decline of 100% compared to approximately RMB 199.02 million for the same period in 2023[2] - The gross profit for the six months ended September 30, 2024, was zero, down 100% from approximately RMB 7.18 million in the same period of 2023, with a gross margin of 3.6% in 2023[2] - The profit attributable to the owners of the company for the six months ended September 30, 2024, was approximately RMB 4.71 million, compared to a loss of approximately RMB 135.39 million for the same period in 2023[2] - The basic earnings per share for the six months ended September 30, 2024, was approximately RMB 0.67, compared to a basic loss per share of approximately RMB 19.59 for the same period in 2023[2] - The total loss before tax for the company was RMB 160,231 thousand, with significant losses reported in the smart terminal product sales segment amounting to RMB 71,567 thousand[22] - The company reported a net income of RMB 4,714 thousand for the six months ended September 30, 2024, compared to a net loss of RMB 135,394 thousand for the same period in 2023[33] - The company experienced a foreign exchange gain of RMB 5,506 thousand, a significant improvement from a loss of RMB 7,366 thousand in the previous year[26] Current Financial Position - As of September 30, 2024, the company's net current liabilities and net liabilities were approximately RMB 232.095 million[7] - The total trade and other payables amounted to RMB 73,818 thousand as of September 30, 2024, slightly up from RMB 73,152 thousand as of March 31, 2024[35] - As of September 30, 2024, the group's net debt was approximately RMB 232.1 million, with current liabilities also at approximately RMB 232.1 million, resulting in a current ratio of 0.02%[39] - The total amount of bank and other borrowings as of September 30, 2024, was approximately RMB 31.36 million, while the total amount of bonds payable was approximately RMB 123.74 million[40] - The company's designated non-current assets in China were reported as RMB 0 thousand as of September 30, 2024[25] Restructuring and Liquidation - The company has received a proposal for restructuring from a potential investor, which includes a total principal amount of not less than HKD 90 million, comprising HKD 40 million in loan financing and HKD 50 million for the subscription of new shares[8] - The proposed loan will be used to pay professional fees and expenses incurred or to be incurred in connection with the proposed restructuring[9] - The company has implemented stringent cost control measures to alleviate liquidity pressure and improve its financial position[8] - The company is currently in liquidation, as ordered by the Hong Kong High Court on April 29, 2024[7] - The company was ordered to be liquidated by the Hong Kong High Court on April 29, 2024, due to a claim of approximately HKD 1,697,547, which includes an unpaid principal of HKD 1,500,000 and accrued interest of HKD 197,547[36] - The company plans to use HKD 20 million for cash repayment to existing creditors and HKD 30 million to supplement operational costs as part of the proposed restructuring[50] - If the proposed restructuring is successfully implemented, all accepted claims and liabilities will be properly settled and discharged[51] Corporate Governance and Compliance - The company's shares have been suspended from trading since April 29, 2024[6] - The company's board of directors' powers have been suspended since April 29, 2024, affecting compliance with corporate governance codes[53] - The audit committee's powers were suspended following the court's winding-up order on April 29, 2024, and no interim results were reviewed[56] - The liquidators have limited access to the group's information, making it impossible to confirm the completeness and accuracy of past performance[61] - The company will issue further announcements as necessary regarding the impact of the liquidators' appointment and the continued suspension of trading[59] Operational Segments - For the six months ended September 30, 2024, the company reported no revenue from smart terminal product sales, software development, or system maintenance services, compared to a total revenue of RMB 199,016 thousand for the same period in 2023[15] - The company has four reportable operating segments: smart terminal product sales, system integration, software development, and system maintenance services[20] - The company has not recognized any external sales for the smart terminal product sales segment for the current reporting period[22] - The revenue from system maintenance services was RMB 4,888 thousand for the six months ended September 30, 2023[16] Taxation and Expenses - The company has not recognized any taxable profits in Hong Kong during the interim period, resulting in no tax provisions[28] - The deferred tax expense for the period was RMB (10,242) thousand, indicating a tax credit situation[27] - The company has maintained a favorable tax rate of 15% due to its qualification as a high-tech enterprise until December 2025[29] - The administrative expenses for the company totaled RMB 24,528 thousand, while financial costs amounted to RMB 12,123 thousand[22] - The company reported a total of RMB 4,698 thousand in equity-settled share-based payments during the reporting period[19] Share Capital and Securities - The company's issued share capital as of September 30, 2024, was approximately HKD 7.0847 million, comprising 708,466,773 shares[41] - The average number of shares outstanding increased to 708,467 thousand in 2024 from 691,040 thousand in 2023[34] - There were no purchases, sales, or redemptions of the company's listed securities during the six months ending September 30, 2024[55] - The company did not declare any dividends for the current interim period, consistent with the previous year[32] - No interim dividend was declared for the six months ending September 30, 2023[52]
艾伯科技(02708) - 2026 - 中期业绩