Customer Growth - As of June 30, 2023, the total number of platform customers reached 13,655, an increase of approximately 19.6% from 11,413 as of June 30, 2022[2]. - The cumulative number of platform clients reached 13,655, marking a year-on-year increase of 21.2%[12]. Financial Performance - Total revenue and income increased by 28.1% year-on-year to RMB 494.8 million for the six months ended June 30, 2023, compared to RMB 386.3 million for the same period in 2022[2]. - Net profit after tax increased by approximately 4.4% to RMB 187.0 million for the six months ended June 30, 2023, compared to RMB 179.1 million for the same period in 2022[2]. - The company reported a net profit of RMB 187,006,000 for the period, compared to RMB 179,083,000 in the previous year, reflecting a growth of 4.9%[88]. - Total comprehensive income for the period was RMB 194,712 thousand, an increase from RMB 181,532 thousand in the previous year, reflecting a growth of about 7.1%[89]. Revenue Breakdown - Technology revenue, including platform service and supply chain technology service income, was RMB 84.1 million, a significant increase of approximately 183.9% from RMB 29.6 million for the six months ended June 30, 2022[2]. - Revenue from digital financial solutions increased by approximately 17.4% to RMB 355.0 million for the six months ended June 30, 2023, compared to RMB 302.3 million for the same period in 2022[2]. - Revenue from platform services surged by 129.9% year-on-year to approximately RMB 67.4 million, driven by the expansion of inclusive matching services[22]. - Revenue from supply chain technology services increased by 5,763.0% year-on-year to RMB 16.7 million, attributed to the completion of smart site solutions and hospital SPD projects[23]. - Revenue from the sale of supply chain assets rose by 2.8% year-on-year to RMB 55.8 million for the six months ended June 30, 2023, up from RMB 54.3 million in the previous year[25]. Financing and Investment - The financing amount provided directly and indirectly to small and micro enterprises reached RMB 12.88 billion, a year-on-year increase of approximately 35.3%[6]. - The company launched two supply chain inclusive finance products, "Goods Financing" and "Settlement Financing," aimed at standard suppliers, featuring large financing amounts and low interest rates[7]. - The company raised approximately HKD 275.4 million for strategic acquisitions and investments in the industrial technology and digital finance sectors, with all funds fully utilized[53]. - The company has a total of RMB 1,507,520,000 in guarantees related to third parties as of June 30, 2023, down from RMB 2,216,570,000 at the end of 2022[129]. Cost Management - Total operating expenses rose by 1.1% year-on-year to RMB 102.6 million for the six months ended June 30, 2023, from RMB 101.5 million in the previous year[27]. - The operating cost-to-revenue ratio improved to 20.7% in the first half of 2023, down from 26.3% in the same period of 2022, indicating enhanced operational efficiency[28]. - The company implemented cost management strategies that resulted in a reduction of other operating expenses by RMB 0.8 million during the reporting period[27]. Asset Management - The total amount of supply chain assets processed reached approximately RMB 177 billion, representing a year-on-year increase of about 21.2% from RMB 146 billion as of June 30, 2022[2]. - The supply chain asset balance was approximately RMB 14.05 billion, with a year-on-year increase of 62.2%[12]. - The average daily supply chain asset balance was about RMB 12.63 billion, reflecting a year-on-year growth of 52.8%[12]. - The average daily platform inclusive matching balance increased to approximately RMB 4.7 billion, a significant year-on-year growth of 186.1%[15]. Tax and Compliance - The income tax expense for the six months ended June 30, 2023, was approximately RMB 42.0 million, significantly up from RMB 8.8 million for the same period in 2022[39]. - The actual tax rate increased from 4.7% for the six months ended June 30, 2022, to 18.3% for the six months ended June 30, 2023, primarily due to the expiration of tax exemption policies for certain subsidiaries[39]. - The company has obtained several international authoritative certifications in information security management, demonstrating its efforts and capabilities in adhering to national data protection frameworks[64]. Strategic Initiatives - The "dual-driven + large platform" growth strategy will continue to drive the company's development, focusing on technology integration in the supply chain ecosystem[47]. - The company aims to become Asia's most trusted supply chain technology platform, focusing on investments in key strategic areas, particularly in supply chain technology and digital finance[57]. - The group is actively expanding its business and enhancing existing operations in response to favorable policies aimed at supporting small and micro enterprises[64]. Shareholder Information - The company does not recommend the payment of dividends for the six months ended June 30, 2023[2]. - The company declared a dividend of RMB 68,549,000 for the six months ended June 30, 2023, compared to RMB 64,411,000 for the same period in 2022, indicating an increase of 5%[122]. - The company repurchased 17,058,500 shares at a total cost of approximately HKD 103.4 million, which were subsequently canceled[75]. Research and Development - The company plans to continue investing in R&D to maintain its technological leadership in the supply chain ecosystem[48]. - Research and development costs for the six months ended June 30, 2023, were RMB 7,211,000, an increase of 61% compared to RMB 4,462,000 for the same period in 2022[120].
盛业(06069) - 2023 - 中期业绩