Financial Performance - The group recorded a revenue of approximately RMB 11,464,000 for the six months ended June 30, 2022, a decrease of about 50.36% compared to RMB 23,095,000 for the same period in 2021[5]. - The loss attributable to the owners of the parent company was approximately RMB 11,099,000 for the six months ended June 30, 2022, an increase of about 84.89% from a loss of RMB 6,003,000 in the same period of 2021[5]. - The gross profit for the six months ended June 30, 2022, was RMB 2,559,000, down from RMB 6,170,000 in the same period of 2021[9]. - The pre-tax loss for the six months ended June 30, 2022, was RMB 11,099,000, compared to RMB 6,003,000 for the same period in 2021[9]. - The company reported a basic loss per share of RMB 0.0231 for the six months ended June 30, 2022, compared to RMB 0.0125 for the same period in 2021[9]. - The company reported a pre-tax loss of RMB (11,099) thousand for the six months ended June 30, 2022, compared to a loss of RMB (6,003) thousand for the same period in 2021, reflecting a worsening financial performance[25]. - Gross profit for the same period was RMB 2,559,000, representing a decrease of approximately 58.52% from RMB 6,170,000 in 2021[43]. - The net loss for the six months ended June 30, 2022, was RMB 11,099,000, an increase of approximately RMB 5,096,000 compared to the net loss of RMB 6,003,000 in 2021[43]. Revenue Breakdown - The revenue from business application solutions and software development was RMB 7,615 thousand for the six months ended June 30, 2022, down from RMB 14,179 thousand in the same period of 2021, representing a decline of 46.3%[20]. - The company’s revenue from the sale of electronic products and accessories was RMB 1,273 thousand for the six months ended June 30, 2022, compared to RMB 4,904 thousand in the same period of 2021, a decline of 74.0%[20]. - Revenue from commercial application solutions and software sales decreased from approximately RMB 14,179,000 to RMB 7,615,000, a decline of about 46.29%[44]. - Revenue from installation and maintenance of network and data security products fell from approximately RMB 4,012,000 to RMB 2,576,000, a decrease of about 35.79%[44]. - Sales from electronic products and accessories amounted to approximately RMB 1,273,000, a decrease of about RMB 3,631,000 or 74.04% from RMB 4,904,000 in the previous year[44]. Expenses and Costs - Employee costs, including salaries and benefits, totaled RMB 11,348 thousand for the six months ended June 30, 2022, compared to RMB 9,779 thousand for the same period in 2021, an increase of 16.1%[28]. - Administrative expenses were approximately RMB 7,736,000, an increase of about RMB 4,340,000 compared to the same period last year[46]. - Marketing and sales expenses were approximately RMB 2,268,000, a decrease of about RMB 3,948,000 from the previous year[46]. - Research and development expenses were approximately RMB 2,294,000, a reduction of about RMB 940,000 compared to the same period last year[46]. Assets and Liabilities - The total assets less current liabilities amounted to RMB 36,232,000 as of June 30, 2022, down from RMB 51,042,000 as of December 31, 2021[13]. - The net current assets were RMB 15,239,000 as of June 30, 2022, compared to RMB 23,543,000 as of December 31, 2021[13]. - The company had cash and cash equivalents of RMB 23,394,000 as of June 30, 2022, down from RMB 29,492,000 as of December 31, 2021[11]. - Current assets amounted to approximately RMB 30,684,000, compared to RMB 37,882,000 as of December 31, 2021, with cash and bank balances at RMB 23,394,000[47]. - The current ratio was approximately 198.67%, indicating a healthy financial position[48]. - The debt ratio increased to approximately 29.89% from 27.61% as of December 31, 2021[48]. Future Plans and Strategies - The company plans to focus on expanding its business application solutions and software development services to improve future revenue streams[21]. - The company plans to take proactive measures to monitor its financial condition while focusing on cost control and expanding into new market areas[46]. - The group had no major future plans for significant investments or capital assets as of June 30, 2022[58]. - The group did not have any significant contingent liabilities as of June 30, 2022[59]. Shareholder Information - Major shareholders included Shanghai State-owned Assets Supervision and Administration Commission with a 23.75% stake and Shanghai Jiaotong University Industry Investment Management (Group) Co., Ltd. also holding 23.75%[63]. - As of June 30, 2022, Chen Jianbo holds 24,300,000 shares of domestic stock, representing a 5.06% equity interest in the company[67]. Dividends and Corporate Governance - The board announced no interim dividend for the six months ended June 30, 2022, compared to none in 2021[5]. - The company has adhered to the GEM Listing Rules regarding board procedures throughout the six-month period ending June 30, 2022[71]. - There were no significant investments or acquisitions during the six months ended June 30, 2022[53][54]. - No significant events affecting the group occurred after June 30, 2022[77].
交大慧谷(08205) - 2022 - 中期财报