Financial Performance - The group recorded consolidated revenue of approximately HKD 12,216,000 for the nine months ended December 31, 2022, representing an increase of approximately 27.1% compared to HKD 9,613,000 for the same period in 2021[9]. - The profit attributable to the owners of the company for the nine months ended December 31, 2022, was approximately HKD 231,000, a significant improvement from a loss of approximately HKD 78,698,000 for the same period in 2021[10]. - The earnings per share for the nine months ended December 31, 2022, was approximately HKD 0.01, compared to a loss per share of HKD 4.15 for the same period in 2021[10]. - The group reported a gross profit of HKD 7,252,000 for the nine months ended December 31, 2022, compared to HKD 3,605,000 for the same period in 2021[17]. - The group recorded a net loss of HKD 1,491,000 for the three months ended December 31, 2022, compared to a loss of HKD 72,810,000 for the same period in 2021[19]. - As of December 31, 2022, the total comprehensive income for the nine months was a loss of HKD 15,617,000, compared to a loss of HKD 69,653,000 for the same period in 2021, indicating a significant improvement[21]. - The company reported a net loss of approximately HKD 1,491,000 for the three months ended December 31, 2022, compared to a net loss of HKD 72,810,000 for the same period in 2021[41]. - For the nine months ended December 31, 2022, the company achieved a net profit of approximately HKD 231,000, contrasting with a net loss of HKD 78,698,000 for the same period in 2021[41]. Revenue Sources - The group generated HKD 12,163,000 from robot education courses in the nine months ended December 31, 2022, compared to HKD 9,461,000 in the previous year, representing a 28.6% growth[31]. - The group experienced a decrease in revenue from promotion and management services due to the negative impact of COVID-19 on clients' businesses[12]. - The group anticipates a gradual recovery in training courses and performance as government restrictions are lifted and demand from students increases[15]. - The group expects that the increasing vaccinated population and effective containment measures will positively impact revenue recovery[13]. Financial Position - The company's total liabilities as of December 31, 2022, were approximately HKD 49,669,000, reflecting a critical uncertainty regarding the group's ability to continue as a going concern[24]. - The net current liabilities as of December 31, 2022, were approximately HKD 49,504,000, highlighting potential liquidity challenges[24]. - The total equity as of December 31, 2022, was HKD (49,669,000), reflecting a decrease from HKD (31,613,000) as of December 31, 2021[21]. Dividends and Shareholder Information - The group did not recommend the payment of dividends for the nine months ended December 31, 2022[10]. - The company did not declare or propose any dividends for the three months and nine months ended December 31, 2022, consistent with the same periods in 2021[40]. - As of December 31, 2022, the total shares held by the director Bao Yueqing amounted to 2,844,000, representing approximately 0.15% of the issued share capital[48]. - The major shareholder, Shenzhou Communication, holds 542,042,000 shares, accounting for 28.59% of the issued share capital[50]. - Yang Shaohui owns 191,041,256 shares, which is approximately 10.08% of the issued share capital[50]. - The company has not conducted any buybacks or repurchases of its shares during the nine months ending December 31, 2022[56]. Governance and Compliance - The audit committee has reviewed the unaudited third-quarter results for the nine months ending December 31, 2022, ensuring compliance with applicable accounting standards and GEM listing rules[59]. - The company has adopted a code of conduct for securities trading, which complies with GEM listing rules[61]. - The board of directors confirmed adherence to corporate governance principles during the nine months ending December 31, 2022[60]. - The company has no competitive interests that could conflict with its business operations[57]. - The board consists of five members, including the executive director and chairman He Chenguang[63]. Other Financial Metrics - Interest income for the nine months ended December 31, 2022, was HKD 263,000, down from HKD 485,000 in the same period of 2021[33]. - Total financing costs for the nine months ended December 31, 2022, amounted to HKD 1,544,000, down from HKD 1,779,000 in the same period of 2021[35]. - The company reported depreciation expenses of HKD 1,527,000 for right-of-use assets for the nine months ended December 31, 2022, compared to HKD 1,692,000 for the same period in 2021[38]. - The company recorded a total employee benefit expense of HKD 8,768,000 for the nine months ended December 31, 2022, compared to HKD 8,249,000 for the same period in 2021[38]. - The company received loans from a related party amounting to HKD 4,100,000 for the nine months ended December 31, 2022, down from HKD 4,750,000 in the same period of 2021[44]. - The company reported a total of HKD 3,034,000 in service fee discounts granted by related parties for the nine months ended December 31, 2022[44]. - The company did not incur any tax provisions for Hong Kong profits tax and China corporate income tax due to no taxable profits generated in the respective periods[37]. - The company received government grants totaling HKD 104,000 during the nine months ended December 31, 2022[33]. - The company incurred a foreign exchange loss of HKD 792,000 for the three months ended December 31, 2022, compared to a loss of HKD 606,000 in the same period of 2021[34]. - No options granted under the 2013 share option scheme remain unexercised as of December 31, 2022[54].
神通机器人教育(08206) - 2023 Q3 - 季度财报