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新利软件(08076) - 2023 - 中期财报
SING LEESING LEE(HK:08076)2023-08-14 08:53

Financial Performance - For the six months ended June 30, 2023, the company reported sales revenue of RMB 23,055,000, an increase of 18.0% compared to RMB 19,458,000 for the same period in 2022[10] - The gross loss for the six months ended June 30, 2023, was RMB 5,104,000, improving from a gross loss of RMB 19,629,000 in the same period of 2022[10] - The company incurred a loss before tax of RMB 16,512,000 for the six months ended June 30, 2023, a reduction of 45.3% compared to RMB 30,178,000 for the same period in 2022[10] - The total comprehensive loss for the six months ended June 30, 2023, was RMB (16,512,000), while for the same period in 2022, it was RMB (30,178,000), indicating a 45.2% reduction in losses[26] - The company reported a basic and diluted loss per share of RMB 1.25 for the six months ended June 30, 2023, compared to RMB 2.29 for the same period in 2022[10] - The company recorded a loss of approximately RMB 16,512,000 for the six months ended June 30, 2023, a decrease of 45% from RMB 30,178,000 in the same period last year, mainly due to increased revenue and reduced overall employee costs[63] - For the six months ended June 30, 2023, the company reported a total loss attributable to owners of RMB 16,512,000, compared to a loss of RMB 30,178,000 for the same period in 2022, representing a 45.5% improvement[41] Cash Flow and Liquidity - The net cash balance decreased to RMB 24,344,000 as of June 30, 2023, down from RMB 54,896,000 at the end of 2022[12] - The net cash used in operating activities for the six months ended June 30, 2023, was RMB (16,209,000), compared to RMB (25,567,000) for the same period in 2022, representing a 36.5% improvement[19] - The cash and cash equivalents at the end of June 30, 2023, were RMB 24,344,000, an increase from RMB 21,013,000 at the end of June 30, 2022[19] - The current ratio as of June 30, 2023, was approximately 4.4 times, up from 2.7 times as of December 31, 2022, indicating improved liquidity[69] Assets and Liabilities - Total assets less current liabilities decreased to RMB 49,414,000 as of June 30, 2023, compared to RMB 64,239,000 at the end of 2022[12] - The company's total equity decreased to RMB 22,942,000 as of June 30, 2023, down from RMB 39,454,000 at the end of 2022[14] - The total equity as of June 30, 2023, was RMB 22,942,000, down from RMB 51,980,000 as of January 1, 2022, reflecting a decrease of 56.1%[16] - The company's accumulated losses increased to RMB (190,290,000) as of June 30, 2023, from RMB (186,115,000) as of June 30, 2022[16] - The group's debt as of June 30, 2023, totaled RMB 29,950,000, down from RMB 42,785,000 as of December 31, 2022, reflecting a reduction in borrowings[70] - The debt-to-asset ratio as of June 30, 2023, was approximately 63%, an increase from 59% as of December 31, 2022, indicating a higher proportion of debt in the capital structure[73] Revenue Breakdown - For the six months ended June 30, 2023, the total revenue from software products was RMB 1,694,000, hardware products was RMB 213,000, and support services was RMB 21,148,000, totaling RMB 23,055,000[26] - The total sales revenue for the hardware products segment decreased from RMB 307,000 in 2022 to RMB 213,000 in 2023, a decline of 30.6%[26] Operational Strategies - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[10] - The company is actively investing in new technology development to improve operational efficiency and product quality[10] - The management is exploring potential mergers and acquisitions to accelerate growth and market expansion[10] - The group plans to continue strict cost control and enhance risk monitoring across all business areas to achieve a positive cycle of "increasing revenue and reducing expenditure"[67] - The group aims to develop new service offerings and payment scenarios targeting small and medium-sized merchants, which will be a key source of data for future growth[67] Shareholder Information - As of June 30, 2023, the company has a total of 123,552,682 shares held by Mr. Lin, representing 9.38% of the total issued share capital[90] - Mr. Xiong holds 18,410,322 shares, which includes 14,547,500 shares and 3,862,822 options, accounting for 1.40% of the total issued share capital[90] - The company has authorized a new stock option plan allowing for the issuance of up to 81,184,000 shares, which is approximately 10% of the issued share capital as of the special meeting date[92] Corporate Governance - The company has complied with the corporate governance code as per GEM listing rules, with a focus on filling the CEO position after the resignation of the previous CEO[104] - Changes in the board of directors included the appointment of new executive directors and the resignation of others effective April 1, 2023[105][107] - The Audit and Risk Management Committee reviewed the unaudited results for the six months ending June 30, 2023, and confirmed compliance with applicable accounting standards and regulations[111]