We define ‘‘adjusted net profit (non-IFRS measure)’’ as loss for the year/period, adding back equity-settled share-based payment expenses, changes in carrying amount of the redemption liabilities, and listing expenses.
Summary · 第 8 页
The adjusted net profit (non-IFRS measure) can provide useful information to investors in understanding and evaluating our consolidated results of operations in the same manner as it helps our management.
We define adjusted loss (Non-IFRS measure) for the year/period as loss for the year/period adjusted by adding back equity-settled share-based payments and listing expenses.
Summary · 第 10 页
Eliminating the impact of items including (i) equity-settled share-based payments and (ii) listing expenses, we generated adjusted net losses (Non-IFRS measure) of RMB48.2 million, RMB110.5 million, RMB57.0 million, RMB57.7 million and RMB86.4 million in 2021, 2022, 2023 and the six months ended June 30, 2023 and 2024, respectively, representing 13.0%, 23.4%, 10.2%, 29.7% and 37.7% of our total revenue during the same periods.
We define adjusted net loss (non-HKFRS measure) as loss for the year/period adjusted by adding back (i) changes in the carrying amount of liabilities recognized for financial instruments issued to investors, (ii) equity-settled share-based payment expenses and (iii) listing expenses, which relate to the Global Offering.
Summary · 第 15 页
Our adjusted net loss (non-HKFRS measure), which was adjusted by adding back (i) changes in the carrying amount of liabilities recognized for financial instruments issued to investors and (ii) equity-settled share-based payment expenses, amounted to RMB1,080.8 million, RMB1,276.9 million, RMB1,015.6 million, RMB549.0 million and RMB377.8 million in 2021, 2022, 2023 and the six months ended June 30, 2023 and 2024, respectively.
Summary · 第 2 页
The use of this non-HKFRS measure has limitations as an analytical tool, and you should not consider it in isolation from, or as a substitute for an analysis of, our results of operations or financial condition as reported under HKFRS.
We define adjusted net loss (non-IFRS measure) as net loss for the year/period adjusted by adding back share-based payment and listing expenses and adjusted net loss margin (non-IFRS measure) as adjusted net loss (non-IFRS measure) divided by revenue.
Summary · 第 9 页
Our adjusted net loss (non-IFRS measure) increased from RMB131.0 million in 2021 to RMB205.9 million in 2022, and decreased to RMB184.8 million in 2023.
We define adjusted net loss (non-IFRS measure) as loss for the year/period adjusted for share-based payments expenses and listing expenses.
Summary · 第 8 页
Eliminating the impact of share-based payments expenses, our adjusted net loss (non-IFRS measure) in 2021, 2022, 2023 and the six months ended June 30, 2023 and 2024 amounted to RMB43.0 million, RMB39.9 million, RMB81.8 million, RMB45.8 million and RMB35.0 million, respectively.
小菜园国际控股有限公司XIAOCAIYUAN INTERNATIONAL HOLDING LTD.00999.HK
呈报经调整净利润及经调整EBITDA
We define adjusted net profit (non-IFRS measure) as net profit for the year/period adjusted by adding (i) equity-settled share-based payment expenses, (ii) changes in fair value of the convertible bonds and derivative financial instruments, (iii) changes in carrying amount of the redemption liability and (iv) listing expenses.
Summary · 第 18 页
However, our presentation of adjusted net profit (non-IFRS measure) and adjusted EBITDA (non-IFRS measure) may not be comparable to similarly titled measures presented by other companies.
We define adjusted profit for the year/period (Non-HKFRS measure) as profit for the year/period adjusted by adding back listing expenses and equity-settled share award expense.
Summary · 第 13 页
We believe this non-HKFRS measure facilitates comparisons of operating performance from period to period and company to company by eliminating potential impacts of certain items.
Summary · 第 13 页
The use of this non-HKFRS measure should not be considered as a substitute for analysis of our results of operations or financial condition as reported under HKFRS.
We define adjusted loss from continuing operations (non-IFRS measure) as loss for the year/ period from continuing operations adjusted by adding back equity-settled share-based payment expenses, fair value change of convertible redeemable preferred shares and listing expenses.
Summary · 第 19 页
Our adjusted net losses from continuing operations (non-IFRS measure) amounted to RMB941.6 million, RMB355.9 million, RMB233.3 million, RMB143.9 million, and RMB56.4 million in 2021, 2022 and 2023 and the six months ended June 30, 2023, and 2024 respectively.
We define adjusted net profit (a non-HKFRS measure) as profit for the year/period adjusted by adding back (i) share award expenses, and (ii) listing expenses. Share award expenses arise from granting share-based payment to selected employees including directors, the amount of which is non-cash in nature. Listing expenses primarily consist of professional fees associated with the Listing and the Global Offering.
Summary · 第 16 页
We believe that these items should be adjusted for when calculating our adjusted net profit (a non-HKFRS measure) in order to provide potential investors with a complete and fair understanding of our operating results, especially in making period-to-period comparisons of, and assessing the profile of, our operating and financial performance, and making comparisons with other comparable companies with similar business operations.
江苏国富氢能技术装备股份有限公司Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd.02582.HK
经调整净亏损（非国际财务报告准则）
The nature of each adjustment is as follows: (i) equity-settled share-based payment expenses mainly represent the expenses of restricted shares schemes, which is a non-cash item; and (ii) listing expenses primarily represent the listing expenses incurred in relation to the Global Offering.
Summary · 第 15 页
The use of these non-IFRS measure has limitations as an analytical tool, and should not be considered in isolation from, or as a substitute for analysis of, our results of operations as reported under IFRS.
Summary · 第 15 页
Adjusted net loss (non-IFRS measure) | (75,249) | (96,218) | (67,016) | (44,218) | (64,761)
We define adjusted net loss (Non-IFRS measure) as loss for the periods adjusted by adding back (i) share-based payments, which are non-cash in nature, (ii) listing expenses, which relate to the Global Offering, and (iii) fair value changes on preferred shares and other financial liabilities, which are non-cash items.
Summary · 第 14 页
Our adjusted operating loss (Non-IFRS measure) and adjusted net loss (Non-IFRS measure) as a percentage of revenue significantly narrowed during the Track Record Period.
Financial Information · 第 397 页
The use of Non-IFRS measures has limitations as an analytical tool, and investors should not consider it in isolation from, or as a substitute for analysis of, our results of operations or financial condition as reported under IFRS Accounting Standards.
We define adjusted net loss (non-IFRS measure) as profit/(loss) for the year/period excluding the effects of fair value changes on convertible redeemable preferred shares, share-based payments and listing expenses.
Summary · 第 9 页
Our adjusted net loss (non-IFRS measure) reduced from RMB118.7 million in 2022 to RMB115.6 million in 2023 and from RMB30.7 million for the three months ended March 31, 2023 to RMB24.2 million for the three months ended March 31, 2024, and our adjusted net loss margin (non-IFRS measure) reduced from 10.3% in 2022 to 8.7% in 2023 and 7.1% for the three months ended March 31, 2024, respectively.
浙江太美医疗科技股份有限公司Zhejiang Taimei Medical Technology Co., Ltd.02576.HK
经调整净亏损加回股份支付及上市开支
We define “adjusted net loss (a non-IFRS measure)” as loss for the year/period adjusted by adding back share-based payments and listing expenses.
Summary · 第 17 页
The use of this non-IFRS measure has limitations as an analytical tool, and you should not consider it in isolation from, or as a substitute for an analysis of, our results of operations or financial condition as reported under IFRS.
荣利营造控股有限公司Wing Lee Development Construction Holdings Limited09639.HK
经调整净利润（非HKFRS计量）加回上市开支
we also presented the adjusted net profit (Non-HKFRS measure) and adjusted net profit margin (Non-HKFRS measure) as additional financial measures, which are not required by, or presented in accordance with HKFRSs.
Summary · 第 11 页
Listing expenses are mainly expenses related to the Listing and are added back because they were incurred only for the purposes of the Listing.
Summary · 第 11 页
The use of non-HKFRS financial measures has limitations as an analytical tool, and investors should not consider these in isolation from, or as a substitute for, or superior to, analysis of our results of operations or financial conditions as reported in accordance with HKFRSs.
We define (i) adjusted net profit (non-HKFRS measure) as profit for the year/period adding back listing expenses incurred for the same year/period, and (ii) adjusted net profit margin (non-HKFRS measure) as adjusted net profit as a percentage of revenue for the same year/period.
Summary · 第 6 页
The use of these non-HKFRS measures has limitations as an analytical tool, and investors should not consider it in isolation from, or as substitute for analysis of, our results of operations or financial conditions as reported under HKFRSs.
黑芝麻智能国际控股有限公司Black Sesame International Holding Limited02533.HK
经调整净亏损加回金融工具公允价值变动及股份支付
We define adjusted net loss (non-IFRS measure) as net loss for the year/period adjusted by adding back fair value change in financial instruments issued to investors and share-based payment expenses.
Financial Information · 第 356 页
Eliminating impact of items including (i) share-based payment expenses and (ii) fair value change in financial instruments issued to investors, we generated an adjusted net loss (non-IFRS measure) of RMB613.6 million, RMB700.3 million, RMB1,254.2 million, RMB245.6 million and RMB319.7 million in 2021, 2022, 2023 and the three months ended March 31, 2023 and 2024, respectively, accounting for 1,014.1%, 423.3%, 401.5%, 839.6% and 1,163.5% of our revenue for the respective periods.
We present this financial measure because it is used by our management to evaluate our financial performance by eliminating the impact of the Listing expenses.
Summary · 第 10 页
The use of the adjusted profit for the year/period (non-IFRS measure) has material limitations as an analytical tool as it does not include all items that impact our profit for the relevant periods.
We define adjusted net loss/profit (non-HKFRS measure) as loss and total comprehensive income for the year after excluding the effects of (i) equity settled share-based transactions; (ii) listing expenses; (iii) changes in the carrying amount of preferred shares liability; and
Summary · 第 11 页
The use of adjusted net loss/profit (non-HKFRS measure) and adjusted net loss/profit margin (non-HKFRS measure) has limitations as analytical tools, and you should not consider them in isolation from, or as a substitute for analysis of, our results of operations or financial condition as reported under HKFRS.