2023-09-11-深交所-熵基科技_熵基科技股份有限公司2023年半年度报告（英文版）_236页_3mb

ZKTECO 2023 Half Year Report Summary

Core Content Overview

This document is the 2023 Half Year Report of ZKTECO CO., LTD., issued in August 2023. It provides an overview of the company's operations, financial performance, and risk factors during the reporting period of January to June 2023.

Key Definitions

Company Profile and Key Financial Indicators

I. Company Information

• Stock Abbreviation: ZKTECO
• Stock Code: 301330
• Stock Listing Exchange: Shenzhen Stock Exchange
• Chinese Name: 熵基科技股份有限公司
• Chinese Abbreviation: 熵基科技
• English Name: ZKTECO CO., LTD.
• English Abbreviation: ZKTECO
• Legal Representative: Jin Hairong

II. Contacts and Contact Information

• Board Secretary: Guo Yanbo
• Representative of Securities Affairs: Wang Jia
• Contact Address: No.32, Pingshan Industrial Road, Tangxia Town, Dongguan, Guangdong, China
• Tel.: 0769-82618868
• Fax: 0769-82618848
• E-mail: ir@zkteco.com

III. Other Information

• Address and Registration: No changes during the reporting period.
• Information Disclosure: No changes in the disclosure platform or location.
• Registration: No changes during the reporting period.
• Registered Capital: Changed from RMB 148,492,051 to RMB 193,039,666 due to the 2022 annual equity distribution.

IV. Main Accounting Data and Financial Indicators

The company performed retroactive adjustments due to accounting policy changes, particularly the implementation of the "Interpretation No. 16 of the Accounting Standards for Business Enterprises" on January 1, 2023.

Financial Highlights:

Main Businesses

I. Main Business Areas

The company is focused on multimodal BioCV technologies, providing smart entrance and exit management, smart identity verification, and smart office solutions.

II. Key Product Categories

1. Smart Terminal Products
   • Access Control: Uses biometric or RFID verification for single door access control.
   • Access Controller: Receives data from biometrics and RFID readers for permission verification.
   • RF Card Reader: Collects and transmits RFID card and password data to the access controller.
   • Elevator Control: Supports online/offline operations and multi-modal verification (face, fingerprint, etc.).
   • Pedestrian Channel: Automated gates with multimodal biometric and RFID integration, supporting infrared detection.
   • Security Inspection Products: Used for identity verification and access control.
   • Intelligent Videos: Video-based access control and behavior analysis.
   • Smart Locks: Integration of biometric and RFID for secure access.
   • Self-Service Visitor Services: Enables automated visitor management.

Non-Recurring Gains and Losses

• Total Non-Recurring Losses: -5,722,140.88 RMB
  • Losses from disposal of non-current assets: -433,635.76 RMB
  • Government subsidies: 3,012,356.92 RMB
  • Capital occupancy fees: 26,607.00 RMB
  • Fair value changes and investment gains/losses: -7,809,909.35 RMB
  • Other non-operating income/expenses: -130,111.10 RMB
  • Income tax impact: -457,610.55 RMB
  • Minority interest impact (after tax): -70,161.96 RMB

Key Financial and Business Insights

• The company has not distributed dividends, bonus shares, or shares from capital reserves during the reporting period.

• The main business segments during the reporting period were:

  • Smart entrance and exit management (73.34% of revenue)
  • Smart identity verification (8.24% of revenue)
  • Smart office products (18.42% of revenue)

• Smart entrance and exit management remains the largest contributor to revenue, with a slight decrease in proportion compared to 2022.

• Smart identity verification saw a decline in revenue proportion, while smart office products increased.

Risk Factors and Management

• The report highlights potential risk factors that may affect the company in the future.
• Investors are advised to refer to Section III, X. Risks Faced by the Company and Countermeasures for detailed analysis.
• The company is actively involved in technology development, including the launch of a new generation of multimodal palmprint recognition technology.

Documents Available for Inspection

• The original 2023 Half Year Report, signed by the legal representative and stamped by the company.
• Financial statements with official stamps and signatures of the legal representative and accounting supervisor.
• Original documents and announcement drafts disclosed on the CSRC-designated websites.

Conclusion

ZKTECO continues to focus on BioCV technologies and provides smart solutions across multiple sectors. The company has made accounting policy adjustments to align with updated regulations, which impacted its financial reporting. There were no material differences in financial results between Chinese and international accounting standards. The company is actively expanding its smart retail and security solutions and has no significant non-recurring profit or loss items.