華欽科技公布2023財年下半年及全年財報

^[1]  "Non-GAAP凈利潤"是一種Non-GAAP財務(wù)指標(biāo)，其定義為不包括非現(xiàn)金股份報酬以及商譽減值的凈利潤，詳細(xì)信息請參閱"Reconciliation of Non-GAAP and GAAP Results"。

^[2]  "歸屬于華欽科技股東的Non-GAAP凈利潤"是一種Non-GAAP的財務(wù)指標(biāo)，其定義為歸屬于公司股東不包括非現(xiàn)金股份報酬以及商譽減值的凈利潤，詳細(xì)信息請參閱"Reconciliation of Non-GAAP and GAAP Results"。

CLPS INCORPORATION

CONSOLIDATED BALANCE SHEETS

 (Amounts in U.S. dollars ("$"), except for number of shares)

As of June 30,

As of
December 31,

2023

(Audited)

2022

(Unaudited)

ASSETS

Current assets:

Cash and cash equivalents

$

22,214,029

$

37,551,244

Restricted cash

87,604

-

Accounts receivable, net

48,515,467

45,048,831

Prepayments, deposits and other assets, net

1,665,736

2,963,071

Amounts due from related parties

391,271

429,369

Total Current Assets

72,874,107

85,992,515

Non-Current assets:

Property and equipment, net

20,112,305

20,430,216

Intangible assets, net

726,175

920,605

Goodwill

-

2,412,933

Operating lease right-of-use assets

815,324

1,282,906

Long-term investments

456,598

566,522

Prepayments, deposits and other assets, net

252,656

289,422

Deferred tax assets, net

81,899

305,258

Total Assets

$

95,319,064

$

112,200,377

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

Bank loans  

$

10,554,617

$

16,592,357

Accounts payable

690,035

397,437

Accrued expenses and other current liabilities

324,021

363,782

Tax payables

2,503,375

2,505,813

Contract liabilities

918,470

2,247,687

Salaries and benefits payable

10,586,239

14,928,223

Operating lease liabilities 

712,302

1,033,044

Amounts due to related party

24,889

37,034

Total Current Liabilities

26,313,948

38,105,377

Non-Current liabilities:

Operating lease liabilities

104,114

375,636

Deferred tax liabilities

185,382

142,921

Unrecognized tax benefit

2,320,918

2,271,027

Other non-current liabilities

885,901

931,383

 TOTAL LIABILITIES

29,810,263

41,826,344

Commitments and Contingencies

Shareholders' Equity

Common stock, $0.0001 par value, 100,000,000 shares
  authorized; 23,650,122 shares issued and outstanding as of
  June 30, 2023; 23,626,122 shares issued and outstanding as of
  December 31, 2022

2,365

2,363

Additional paid-in capital

58,183,383

57,648,162

Statutory reserves

5,356,828

6,498,218

Retained earnings

5,029,021

6,138,216

Accumulated other comprehensive losses

(3,990,594)

(1,261,753)

Total CLPS Incorporation Shareholders' Equity

64,581,003

69,025,206

Noncontrolling Interests

927,798

1,348,827

Total Shareholders' Equity

65,508,801

70,374,033

Total Liabilities and Shareholders' Equity

$

95,319,064

$

112,200,377

For the six months ended

June 30,

2023

2022

Revenues

$

73,595,728

$

76,100,776

Cost of revenues (note 1)

(57,574,881)

(57,423,736)

Gross profit

16,020,847

18,677,040

Operating income (expenses):

Selling and marketing expenses (note 1)

(616,480)

(1,818,662)

Research and development expenses

(3,977,785)

(3,795,772)

General and administrative expenses (note 1)

(10,946,729)

(13,877,275)

Impairment of goodwill

(2,382,538)

-

Subsidies and other operating income

635,368

658,311

Total operating expenses

(17,288,164)

(18,833,398)

Losses from operations

(1,267,317)

(156,358)

Other income   

723,695

558,546

Other expenses

(246,662)

(100,336)

(Loss) income before income tax and share of income
in equity investees

(790,284)

301,852

Provision for income taxes

489,148

2,181,071

Losses before share of losses in equity investees

(1,279,432)

(1,879,219)

Share of income (loss) in equity investees, net of tax

47,686

(3,215)

Net losses

(1,231,746)

(1,882,434)

Less: Net losses attributable to noncontrolling interests

(156,845)

(75,398)

Net losses attributable to CLPS Incorporation's
shareholders

$

(1,074,901)

$

(1,807,036)

Other comprehensive losses

Foreign currency translation losses

$

(2,785,938)

$

(2,328,918)

Less: Foreign currency translation losses attributable
  to noncontrolling interests

(57,097)

(63,519)

Other comprehensive losses attributable to CLPS
  Incorporation's shareholders

$

(2,728,841)

$

(2,265,399)

Comprehensive losses attributable to

CLPS Incorporation's shareholders

$

(3,803,742)

$

(4,072,435)

Comprehensive losses attributable to noncontrolling
  interests

(213,942)

(138,917)

Comprehensive losses

$

(4,017,684)

$

(4,211,352)

Basic losses per common share

$

(0.05)

$

(0.08)

Weighted average number of share outstanding – basic

23,629,200

21,484,828

Diluted losses per common share

$

(0.05)

$

(0.08)

Weighted average number of share outstanding – diluted

23,629,200

21,484,828

Note:

(1)  Includes share-based compensation expenses as
  follows:

Cost of revenues

5,141

13,983

Selling and marketing expenses

68,969

55,834

General and administrative expenses

461,114

4,646,944

CLPS INCORPORATION

RECONCILIATION OF NON-GAAP AND GAAP RESULTS

(Amounts in U.S. dollars ("$"), except for number of shares)

For the six months ended 

June 30,

2023

2022

(Unaudited)

(Unaudited)

Cost of revenues

$

(57,574,881)

$

(57,423,736)

Less: share-based compensation expenses

(5,141)

(13,983)

Non-GAAP cost of revenues

$

(57,569,740)

$

(57,409,753)

Selling and marketing expenses

$

(616,480)

$

(1,818,662)

Less: share-based compensation expenses

(68,969)

(55,834)

Non-GAAP selling and marketing expenses

$

(547,511)

$

(1,762,828)

General and administrative expenses

$

(10,946,729)

$

(13,877,275)

Less: share-based compensation expenses

(461,114)

(4,646,944)

Non-GAAP general and administrative expenses

$

(10,485,615)

$

(9,230,331)

Operating losses

$

(1,267,317)

$

(156,358)

Add: share-based compensation expenses

535,224

4,716,761

Add: Impairment of goodwill

2,382,538

-

Non-GAAP operating income

$

1,650,445

$

4,560,403

Operating margin

(1.7 %)

(0.2 %)

Add: share-based compensation expenses

0.7 %

6.2 %

Add: Impairment of goodwill

3.2 %

-

Non-GAAP operating margin

2.2 %

6.0 %

Net losses

$

(1,231,746)

$

(1,882,434)

Add: share-based compensation expenses

535,224

4,716,761

Add: Impairment of goodwill

2,382,538

-

Non-GAAP net income

$

1,686,016

$

2,834,327

Net losses attributable to CLPS Incorporation's
shareholders

$

(1,074,901)

$

(1,807,036)

Add: share-based compensation expenses

535,224

4,716,761

Add: Impairment of goodwill

2,382,538

-

Non-GAAP net income attributable to CLPS
Incorporation's shareholders

1,842,861

2,909,725

$

$

Weighted average number of share
outstanding used in computing GAAP and non-
GAAP basic earnings

23,629,200

21,484,828

GAAP basic losses per common share

$

(0.05)

$

(0.08)

Add: share-based compensation expenses

0.13

0.22

Non-GAAP basic earnings per common share

$

0.08

$

0.14

Weighted average number of share
outstanding used in computing GAAP diluted
earnings

23,629,200

21,484,828

Weighted average number of share
outstanding used in computing non-GAAP
diluted earnings

23,629,200

21,522,447

GAAP diluted losses per common share

$

(0.05)

$

(0.08)

Add: share-based compensation expenses

0.13

0.22

Non-GAAP diluted earnings per common
share

$

0.08

$

0.14

CLPS INCORPORATION

audited CONSOLIDATED BALANCE SHEETS

 (Amounts in U.S. dollars ("$"), except for number of shares)

As of June 30,

2023

2022

ASSETS

Current assets:

Cash and cash equivalents

$

22,214,029

$

18,396,987

Restricted cash

87,604

-

Accounts receivable, net

48,515,467

53,769,887

Prepayments, deposits and other assets, net

1,665,736

4,215,414

Amounts due from related parties

391,271

377,642

Total Current Assets

72,874,107

76,759,930

Non-current assets:

Property and equipment, net

20,112,305

20,601,098

Intangible assets, net

726,175

970,044

Goodwill

-

2,363,841

Operating lease right-of-use assets

815,324

-

Long-term investments

456,598

610,386

Prepayments, deposits and other assets, net

252,656

248,456

Deferred tax assets, net

81,899

327,040

Total Assets

$

95,319,064

$

101,880,795

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities

Bank loans

$

10,554,617

$

14,474,363

Accounts payable

690,035

343,597

Accrued expenses and other current liabilities

324,021

352,402

Tax payables

2,503,375

2,355,066

Contract liabilities

918,470

587,140

Salaries and benefits payable

10,586,239

12,203,933

Operating lease liabilities

712,302

-

Amounts due to related party

24,889

66,884

Total Current Liabilities

26,313,948

30,383,385

Non-current liabilities

Operating lease liabilities

104,114

-

Unrecognized tax benefits

2,320,918

2,587,194

Deferred tax liabilities

185,382

150,547

Other non-current liabilities

885,901

959,069

 TOTAL LIABILITIES

29,810,263

34,080,195

Commitments and Contingencies

Shareholders' Equity

   Common stock, $0.0001 par value, 100,000,000 shares
   authorized; 23,650,122 shares issued and outstanding as of
   June 30, 2023; 22,444,822 shares issued and outstanding as
   of June 30, 2022

2,365

2,244

Additional paid-in capital

58,183,383

55,705,209

Statutory reserves

5,356,828

5,071,876

Retained earnings

5,029,021

6,323,792

Accumulated other comprehensive losses

(3,990,594)

(550,248)

Total CLPS Incorporation's Shareholders' Equity

64,581,003

66,552,873

Noncontrolling Interests

927,798

1,247,727

Total Shareholders' Equity

65,508,801

67,800,600

Total Liabilities and Shareholders' Equity

$

95,319,064

$

101,880,795

For the years ended

June 30,

2023

2022

Revenue from third parties

$

150,298,963

$

151,970,357

Revenue from related parties

57,576

52,024

Cost of revenue from third parties (note 1)

(115,827,597)

(110,989,394)

Cost of revenue from related parties

(47,212)

(43,951)

Gross profit

34,481,730

40,989,036

Operating income (expenses):

Selling and marketing expenses (note 1)

(3,300,555)

(4,103,066)

Research and development expenses

(8,336,999)

(7,971,145)

General and administrative expenses (note 1)

(21,641,317)

(23,045,664)

    Impairment of goodwill

(2,382,538)

-

    Subsidies and other operating income

1,256,070

1,536,394

Total operating expenses

(34,405,339)

(33,583,481)

Income from operations

76,391

7,405,555

Other income

1,123,612

854,250

Other expenses

(430,357)

(575,605)

Income before income tax and share of income in
   equity investees

769,646

7,684,200

Provision for income taxes

674,344

3,045,992

Income before share of income in equity investees

95,302

4,638,208

Share of income (loss) in equity investees, net of tax

70,263

(50,297)

Net income

165,565

4,587,911

Less: Net (loss) income attributable to noncontrolling
   interests

(26,964)

132,483

Net income attributable to CLPS Incorporation's
   shareholders

$

192,529

$

4,455,428

Other comprehensive income (loss)

Foreign currency translation losses

$

(3,532,507)

$

(1,828,542)

Less: Foreign currency translation losses attributable
   to noncontrolling interests

(92,161)

(48,211)

Other comprehensive losses attributable to CLPS
   Incorporation's shareholders

$

(3,440,346)

$

(1,780,331)

Comprehensive (loss) income attributable to

   CLPS Incorporation's shareholders

$

(3,247,817)

$

2,675,097

Comprehensive (loss) income attributable to
   noncontrolling interests

(119,125)

84,272

Comprehensive (loss) income

$

(3,366,942)

$

2,759,369

Basic earnings per common share

$

0.01

$

0.21

Weighted average number of share outstanding –
   basic

23,153,976

20,924,683

Diluted earnings per common share

$

0.01

$

0.21

Weighted average number of share outstanding –
   diluted

23,153,976

21,057,063

Note:

(1)   Includes share-based compensation expenses
as follows:

 Cost of revenues

16,212

36,906

 Selling and marketing expenses

129,060

165,209

 General and administrative expenses

2,333,024

6,982,747

CLPS INCORPORATION

RECONCILIATION OF NON-GAAP AND GAAP RESULTS

(Amounts in U.S. dollars ("$"), except for number of shares)

For the years ended 

June 30,

2023

2022

(Audited)

(Audited)

Cost of revenues

$

(115,874,809)

$

(111,033,345)

Less: share-based compensation expenses

(16,212)

(36,906)

Non-GAAP cost of revenues

$

(115,858,597)

$

(110,996,439)

Selling and marketing expenses

$

(3,300,555)

$

(4,103,066)

Less: share-based compensation expenses

(129,060)

(165,209)

Non-GAAP selling and marketing expenses

$

(3,171,495)

$

(3,937,857)

General and administrative expenses

$

(21,641,317)

$

(23,045,664)

Less: share-based compensation expenses

(2,333,024)

(6,982,747)

Non-GAAP general and administrative
expenses

$

(19,308,293)

$

(16,062,917)

Operating income

$

76,391

$

7,405,555

Add: share-based compensation expenses

2,478,296

7,184,862

Add: Impairment of goodwill

2,382,538

-

Non-GAAP operating income

$

4,937,225

$

14,590,417

Operating margin

0.1 %

4.9 %

Add: share-based compensation expenses

3.2 %

4.7 %

Non-GAAP operating margin

3.3 %

9.6 %

Net income

$

165,565

$

4,587,911

Add: share-based compensation expenses

2,478,296

7,184,862

Add: Impairment of goodwill

2,382,538

-

Non-GAAP net income

$

5,026,399

$

11,772,773

Net income attributable to CLPS Incorporation's
shareholders

$

192,529

$

4,455,428

Add: share-based compensation expenses

2,478,296

7,184,862

Add: Impairment of goodwill

2,382,538

-

Non-GAAP net income attributable to CLPS
Incorporation's shareholders

$

5,053,363

$

11,640,290

Weighted average number of share outstanding
used in computing GAAP and non-GAAP basic
earnings

23,153,976

20,924,683

GAAP basic earnings per common share

$

0.01

$

0.21

Add: share-based compensation expenses

0.21

0.35

Non-GAAP basic earnings per common share

$

0.22

$

0.56

Weighted average number of share outstanding
used in computing GAAP and non-GAAP diluted
earnings

23,153,976

21,057,063

GAAP diluted earnings per common share

$

0.01

$

0.21

Add: share-based compensation expenses

0.21

0.34

Non-GAAP diluted earnings per common share

$

0.22

$

0.55