ai174488651611_127 Chinese Estates Holdings Limited 2024AR-Cover V1.0 (spine 19.3mm).pdf 1 17/4/2025 18:42:01 CONTENTS 目錄 | CORPORATE INFORMATION | 公司資料 | 2 | | --- | --- | --- | | PROFILES OF DIRECTORS | 董事簡介 | 5 | | PROFILES OF SENIOR EXECUTIVES | 高級行政人員簡介 | 8 | | CHAIRMAN'S STATEMENT | 主席報告書 | 9 | | FINANCIAL OPERATION REVIEW | 財務業務回顧 | 19 | | CORPORATE GOVERNANCE REPORT | 企業管治報告書 | 34 | | DIRECTORS' REPORT | 董事會報告書 | 57 | | ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT | 環境、社會及管治報告書 | 73 | | INDEPENDENT A ...

华人置业集团公布2024年财务报告。今年公司业绩下滑明显，收入和毛利均大幅下降，主要原因是租金 收入减少、投资收益减少以及来自一家接受投资公司的股息收入减少。此外，投资物业的公允价值变动 也导致了巨额亏损。 公司收入同比下降29.8%，至3.368亿港元。下降主要源于租金收入、投资收益和股息收入的减少。 毛利同比下降34.9%，至2.802亿港元。下降原因与收入下降类似。 总租金收入同比下降20.5%，至2.046亿港元。非零售部分租金收入下降29.1%，而零售部分租金收入上 升6.8%。 本年度无物业出售，但来自接受投资公司的股息收入贡献了3800万港元，同比大幅减少。 证券投资录得亏损净额440万港元，主要受未变现亏损影响。已变现收益主要来自出售上市投资。 邦颖出售录得亏损1.001亿港元，St James's Square出售录得亏损1.041亿港元。 公司拥有人应占亏损为21.083亿港元，主要由于投资物业的公允价值减少。撇除主要非现金项目后，核 心亏损为4.893亿港元。 校对：陶谦 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公布的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公布全部或任何部分內容而產 生或因倚賴該等內容而引致的任何損失承擔任何責任。 CHINESE ESTATES HOLDINGS LIMITED 華 人 置 業 集 團 （於百慕達註冊成立之有限公司） （股份代號： 127） 截至二零二四年十二月三十一日止財政年度之全年業 績 Chinese Estates Holdings Limited（「本公司」）之董事會（「董事會」）根據香港聯合交 易所有限公司（「聯交所」）證券上市規則（「上市規則」）附錄 D2 第 45 段之規定，謹 此公布本公司及其附屬公司（統稱「本集團」）截至二零二四年十二月三十一日止財政年 度（「本年度」）之經審核綜合業績。本集團之綜合全面收益報表及綜合財務狀況報表均 已由審核委員會審閱，連同截至二零二三年十二月三十一日止年度同期之比較數字如下： 綜合全面收益報表 截至二零二四年十二月三十一日止年度 | | | 二零二四年 | 二零二三年 | | --- | --- | --- | --- | | | 附註 | 千 ...

CHINESE ESTATES HOLDINGS LIMITED 華 人 置 業 集 團 (Incorporated in Bermuda with limited liability) (於百慕達註冊成立之有限公司) (Stock Code 股份代號: 127) Interim Report For The Six Months Ended 30 June 2024 截至二零二四年六月三十日止六個月之 中期報告 ONE CENTURY 百年企 梁 inacompan | --- | --- | |-----------------------------------------------------------------------------------------------------------|------------------------------------------------------------------| | | | | CONTENTS | 目錄 | | Corporate Information | 公司資料 | | Results | 業績 | | Condense ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公布的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示，概不對因本公布全部或任何部分內容而產生或因倚賴該 等內容而引致的任何損失承擔任何責任。 CHINESE ESTATES HOLDINGS LIMITED 華 人 置 業 集 團 （於百慕達註冊成立之有限公司） （股份代號：127） 截至二零二四年六月三十日止六個月之中期業績 Chinese Estates Holdings Limited（「本公司」）之董事會（「董事會」）謹此公布本公司及其附屬 公司（統稱「本集團」）截至二零二四年六月三十日止六個月（「本期間」）之未經審核綜合中期 業績，連同二零二三年同期之比較數字：－ | --- | --- | --- | --- | |----------------------------------|-------|--------------------------------|---------------------------------------------------------| | 截至二零二四年六月三十日止六個月 | 附註 | ...

CONTENTS 目錄 CORPORATE INFORMATION 公司資料 2 PROFILES OF DIRECTORS 董事簡介 5 PROFILES OF SENIOR EXECUTIVES 高級行政人員簡介 9 CHAIRMAN’S STATEMENT 主席報告書 10 FINANCIAL OPERATION REVIEW 財務業務回顧 20 CORPORATE GOVERNANCE REPORT 企業管治報告書 35 DIRECTORS’ REPORT 董事會報告書 58 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 環境、社會及管治報告書 76 INDEPENDENT AUDITORS’ REPORT 獨立核數師報告書 109 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 綜合全面收益報表 115 CONSOLIDATED STATEMENT OF FINANCIAL POSITION 綜合財務狀況報表 117 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 綜合股本 ...

Financial Performance - The company's total revenue for the year ended December 31, 2023, was HKD 479,600,000, a decrease of 66.6% compared to HKD 1,435,000,000 in 2022[31]. - The company's profit attributable to owners for the year was HKD 76,800,000, a significant decrease from HKD 1,152,200,000 in the previous year, resulting in earnings per share of HKD 0.04 compared to HKD 0.60 last year, reflecting a decline of 93.3%[39]. - The total comprehensive income attributable to the owners of the company for the year was HKD 227,500,000, or HKD 0.12 per share, compared to HKD 403,800,000, or HKD 0.21 per share in 2022[67]. - The company's net profit for the year was HKD 77,139,000, a decrease of 93.3% compared to HKD 1,152,320,000 in the previous year[120]. - The gross profit for the year was HKD 430,300,000, a decrease of 68.7% from HKD 1,376,700,000 in the previous year, primarily due to reduced dividend income from an investment company[58]. Assets and Liabilities - For the fiscal year ending December 31, 2023, the group's non-current assets totaled HKD 16,990,406,000, an increase from HKD 16,355,638,000 in the previous year, representing a growth of approximately 3.9%[3]. - The group's current liabilities exceeded current assets by approximately HKD 960,514,000, indicating a significant liquidity challenge[5]. - The total assets less current liabilities amounted to HKD 16,029,892,000, a decrease from HKD 16,374,415,000 in the previous year[3]. - The total debt of the group as of December 31, 2023, was HKD 3,933,800,000, down from HKD 4,975,500,000 in 2022[71]. - The company's total liabilities amounted to HKD 16,029,892,000, compared to HKD 16,374,415,000 in the previous year[152]. Cash Flow and Liquidity - The group’s cash and cash equivalents decreased significantly to HKD 592,228,000 from HKD 2,038,768,000, a decline of approximately 71%[3]. - Cash and bank deposits decreased to HKD 592,200,000 from HKD 2,038,800,000 in 2022, indicating a significant reduction in liquidity[71]. - The company believes it has sufficient financial resources to meet its liabilities and will continue as a going concern[42]. - The company reported a total of HKD 372,879,000 in cash items from operations in Hong Kong, with additional contributions from other countries[140]. Revenue Sources - Rental income decreased by 12.4% to HKD 257,200,000 from HKD 293,700,000 in the previous year, primarily due to ongoing reconstruction and asset optimization of investment properties in the UK[32]. - The company’s rental income from the non-retail segment decreased by 14.4% to HKD 195,100,000, while retail rental income decreased by 5.5% to HKD 62,100,000[32]. - Revenue from property management services was HKD 67,685,000, reflecting a slight increase from the previous year's HKD 65,801,000[160]. - The company’s total revenue from property development and sales was HKD 1,014,000,000[145]. Investment and Fair Value Changes - The fair value change of investment properties resulted in a net adjustment of HKD 528,481,000, reflecting significant non-cash adjustments[21]. - The company recorded an unrealized loss of HKD 95,800,000 for the year, compared to HKD 318,300,000 in 2022, attributed to fair value changes in bonds and listed equity investments[35]. - The fair value changes of investment properties resulted in a net loss, contributing to the overall profit decline, despite a decrease in losses from investments and an increase in equity-accounted investments[39]. - The company experienced a fair value loss of HKD 31,000,000 on investment properties, a significant decline from a fair value gain of HKD 528,500,000 in the previous year[189]. Dividends and Retained Earnings - The company did not declare any interim or final dividends for the year, consistent with the previous year[24]. - The company did not recommend a final dividend for the year, aligning with its policy to retain cash for future financial and investment opportunities[56]. - The company's retained earnings decreased from HKD 13,522,203,000 to HKD 11,530,408,000[152]. Operational and Strategic Insights - The group plans further capital investment in the redevelopment projects located in Tsuen Wan, Hong Kong, and Fleet Street, London[93]. - The company has committed to a capital injection of USD 100,000,000 into a Cayman Islands exempted limited partnership, with approximately USD 93,349,000 already invested as of December 31, 2022[179]. - The company has no plans for significant acquisitions or disposals of assets in the near future, focusing instead on maintaining its securities investment portfolio[192]. - The company’s operational strategy includes managing different business units separately due to varying market demands and strategies[138]. Employee and Administrative Costs - Employee costs totaled HKD 408,000,000, reflecting an increase from the previous year[149]. - Administrative expenses decreased by 6.7% to HKD 333,900,000 from HKD 358,000,000 in the previous year, while financial costs increased by 67.8% to HKD 223,400,000 due to rising average interest rates[37].

CHINESE ESTATES HOLDINGS LIMITED 華 人 置 業 集 團 (Incorporated in Bermuda with limited liability) (於百慕達註冊成立之有限公司) (Stock Code 股份代號: 127) Interim Report For The Six Months Ended 30 June 2023 截至二零二三年六月三十日止六個月之 中期報告 – ONE CENTURY —— CONTENTS目錄 Corporate Information 公司資料 1 Results 業績 簡明綜合全面收益報表 3 Condensed Consolidated Statement of Comprehensive Income Condensed Consolidated Statement of Financial Position 簡明綜合財務狀況報表 5 Condensed Consolidated Statement of Changes in Equity 簡明綜合股本權益變動表 7 Condensed Consolidated Statem ...

Chinese Estates Holdings Limited（「本公司」）之董事會（「董事會」）謹此公布本公司及其附屬 公司（統稱「本集團」）截至二零二三年六月三十日止六個月（「本期間」）之未經審核綜合中期 業績，連同二零二二年同期之比較數字：－ 簡明綜合全面收益報表 簡明綜合全面收益報表（續） 截至二零二三年六月三十日止六個月 | --- | --- | --- | --- | |--------------------------------------------|-------|--------------------------------------------|----------------------------------------------| | 於二零二三年六月三十日 | 附註 | 二零二三年 六月三十日 千港元 （未經審核） | 二零二二年 十二月三十一日 千港元 （經審核） | | 非流動資產 | | | | | 投資物業 | | 14,024,947 | 13,369,124 | | 物業、廠房及設備 | | 199,393 | 133,944 | | 使用權資產 | | ...

CONTENTS 目錄 CORPORATE INFORMATION 公司資料 2 PROFILES OF DIRECTORS 董事簡介 5 PROFILES OF SENIOR EXECUTIVES 高級行政人員簡介 8 CHAIRMAN’S STATEMENT 主席報告書 9 FINANCIAL OPERATION REVIEW 財務業務回顧 19 CORPORATE GOVERNANCE REPORT 企業管治報告書 36 DIRECTORS’ REPORT 董事會報告書 59 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 環境、社會及管治報告書 77 INDEPENDENT AUDITORS’ REPORT 獨立核數師報告書 101 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 綜合全面收益報表 109 CONSOLIDATED STATEMENT OF FINANCIAL POSITION 綜合財務狀況報表 111 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY 綜合股本權 ...