Zhaopin Performance: 2013 second half of the online recruitment service revenue of 398 million yuan

Absrtact: Today, Zhaopin submitted a prospectus (F-1 document) to the Securities and Exchange Commission (SEC). The prospectus discloses the financial and operational performance of Zhaopin as at the end of June 2013 and the 6 months to the end of December 2013. At the end of June 2013

Today, Zhaopin submitted a prospectus (F-1 document) to the Securities and Exchange Commission (SEC). The prospectus discloses the financial and operational performance of Zhaopin as at the end of June 2013 and the 6 months to the end of December 2013.

In the fiscal year ending June 2013, Zhaopin net revenue was 847.8 million yuan, more than 772.9 million yuan in the previous fiscal year. Among them, the online recruitment service revenue of 749.8 million yuan, campus recruitment service revenue of 67.307 million yuan, evaluation service revenue of 32.74 million yuan, other human resources services revenue for 39.731 million yuan, year-on-year growth.

By the end of June 2013 this fiscal year, Zhaopin Gross profit of 780.3 million yuan, higher than the last fiscal year of 712.4 million yuan. Operating costs are 571.4 million yuan, more than 527.3 million yuan in the previous fiscal year. Operating profit of 208.9 million yuan, higher than the last fiscal year of 185.1 million yuan. Net profit is 155.9 million yuan, less than 170.7 million yuan in the previous fiscal year. The decrease in net profit is mainly due to higher income tax expenses. In addition, Zhaopin in this fiscal year, the 265 million yuan to the priority shareholders of the dividend, resulting in the common shareholders of the net loss of 109.1 million yuan, and the previous fiscal year for 3.953 million yuan.

In the 6 months ending December 2013, Zhaopin net revenue was 489.2 million yuan, up from 421 million yuan a year earlier. Among them, the online recruitment service revenue of 398 million yuan, campus recruitment service revenue of 52.112 million yuan, evaluation service revenue of 24.299 million yuan, other human resources services revenue for 26.627 million yuan, year-on-year growth.

In the 6 months ending December 2013, Zhaopin's gross profit was 441.6 million yuan, higher than the 388 million yuan in the same period last year. Operating costs of 334 million yuan, higher than the same period of 282.2 million yuan a year ago. Operating profit of 107.7 million yuan, higher than the same period last year, 105.8 million yuan. Net profit of 88.111 million yuan, lower than the same period of 94.854 million yuan. The year-on-year decline in net profits was mainly attributable to lower operating income. The net profit attributable to ordinary shareholders is 87.743 million yuan, higher than the 2.746 million yuan in the same period last year. This is mainly due to the 92.108 million yuan in the same period last year, the profits of the preferential shareholders.

As of December 31, 2013, Zhaopin actually held 568.4 million yuan in cash, 10.754 million yuan of limited cash, and 486.7 million yuan of fixed deposits and restricted deposits.

In the 6 months ending December 2013, the number of independent users in Zhaopin was 226.2 million, up from 176.8 million a year earlier. The number of jobs was 7.205 million, up from 4.609 million a year earlier. The number of registered users was 74.058 million, up from 62.388 million a year earlier. The full number of resumes was 54.426 million, up from 45.48 million a year earlier.