6-K
J & Friends Holdings Ltd (JF)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OFFOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2020
Commission File Number: 001-38712
Pintec Technology Holdings Limited
9/F Heng AnBuilding
No. 17, East 3^rd^ Ring Road
Chaoyang District, Beijing
People’s Republic of China
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
The tables below illustrate the effects of adjustments made to the unreviewed and unaudited condensed consolidated statements of operations and comprehensive income (loss) data for the six months ended June 30, 2018 and 2019 and nine months ended September 30, 2018 and 2019:
| As previously reported | Revised | |||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| For the Six Months Ended | For the Nine Months Ended | For the Six Months Ended | For the Nine Months Ended | |||||||||||||||||||||
| (In RMB thousands, except for share<br><br><br>and per share data) | June 30, 2018 | June 30, 2019 | September 30,2018 | September 30,2019 | June 30,2018 | June 30,2019 | September 30,2018 | September 30,2019 | ||||||||||||||||
| Revenues: | ||||||||||||||||||||||||
| Technical service fees | 399,703 | 383,759 | 586,037 | 643,251 | 645,052 | 623,965 | 977,462 | 854,910 | ||||||||||||||||
| Total revenues | 577,664 | 479,454 | 837,392 | 776,278 | 823,013 | 719,660 | 1,228,817 | 987,937 | ||||||||||||||||
| Cost of revenues: | ||||||||||||||||||||||||
| Cost on guarantee | — | — | — | — | — | (48,733 | ) | — | (105,704 | ) | ||||||||||||||
| Service cost charged by Jimu Group-related party | — | — | — | — | (245,349 | ) | (169,180 | ) | (391,425 | ) | (209,118 | ) | ||||||||||||
| Cost of revenues | (341,520 | ) | (204,877 | ) | (462,453 | ) | (302,598 | ) | (586,869 | ) | (422,790 | ) | (853,878 | ) | (617,420 | ) | ||||||||
| Gross profit | 236,144 | 274,577 | 374,939 | 473,680 | 236,144 | 296,870 | 374,939 | 370,517 | ||||||||||||||||
| Operating expenses: | ||||||||||||||||||||||||
| General and administrative expenses | (96,589 | ) | (131,232 | ) | (159,591 | ) | (221,588 | ) | (96,589 | ) | (135,975 | ) | (159,591 | ) | (200,298 | ) | ||||||||
| Total operating expenses | (186,916 | ) | (218,566 | ) | (288,726 | ) | (342,538 | ) | (186,916 | ) | (223,309 | ) | (288,726 | ) | (321,248 | ) | ||||||||
| Operating profit | 49,228 | 56,011 | 86,213 | 131,142 | 49,228 | 73,561 | 86,213 | 49,269 | ||||||||||||||||
| Gain/(loss) on guarantee liabilities | — | 9,678 | (2,839 | ) | (44,382 | ) | — | — | (2,839 | ) | — | |||||||||||||
| Income before income tax expense | 44,053 | 93,950 | 75,662 | 111,142 | 44,053 | 101,822 | 75,662 | 73,651 | ||||||||||||||||
| Net income | 12,386 | 73,335 | 15,760 | 115,226 | 12,386 | 81,207 | 15,760 | 77,735 | ||||||||||||||||
| Net (loss)/income attributable to ordinary shareholders | (20,791 | ) | 73,335 | (51,617 | ) | 115,226 | (20,791 | ) | 81,207 | (51,617 | ) | 77,735 | ||||||||||||
| Total comprehensive income | 30,734 | 73,998 | 50,902 | 136,484 | 30,734 | 81,870 | 50,902 | 98,993 | ||||||||||||||||
| Comprehensive (loss)/income attributable to ordinary shareholders | (2,443 | ) | 73,998 | (16,475 | ) | 136,484 | (2,443 | ) | 81,870 | (16,475 | ) | 98,993 | ||||||||||||
| Net (loss)/income per ordinary share | ||||||||||||||||||||||||
| Basic | (0.31 | ) | 0.27 | (0.76 | ) | 0.42 | (0.31 | ) | 0.30 | (0.76 | ) | 0.28 | ||||||||||||
| Diluted | (0.31 | ) | 0.26 | (0.76 | ) | 0.38 | (0.31 | ) | 0.28 | (0.76 | ) | 0.26 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Pintec Technology Holdings Limited | ||
|---|---|---|
| By | : | /s/ Steven Yuan Ning Sim |
| Name | : | Steven Yuan Ning Sim |
| Title | : | Chief Financial Officer |
Date: June 29, 2020
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