東江集團(控股)有限公司 TK GROUP (HOLDINGS) LIMITED (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司） Stock Code 股份代號：2283 中期報告 INTERIM REPORT 2020 CONTENTS 目錄 Financial Highlights 5 財務摘要 Management Discussion and Analysis 7 管理層討論及分析 Corporate Governance and Other Information 23 企業管治及其他資料 Report on Review of Interim Financial Information 31 中期財務資料審閱報告 Corporate Information 2 公司資料 Interim Condensed Consolidated Balance Sheet 33 中期簡明合併資產負債表 Interim Condensed Consolidated Statement of Comprehen ...

(incorporated in the Cayman Islands with limited liability) 東江集團(控股)有限公司 TK GROUP (HOLDINGS) LIMITED (於爾曼群島註冊成立的有限公司） Stock Code 股份代號：2283 年報 ANNUAL REPORT 2019 CONTENTS 目錄 2 Corporate Information 公司資料 4 Financial Highlights 財務摘要 6 Chairman's Statement 主席報告書 11 Management Discussion and Analysis 管理層討論及分析 27 Directors and Senior Management 董事及高級管理層 34 Corporate Governance Report 企業管治報告 55 Environmental, Social and Governance Report 環境、社會及管治報告 88 Directors' Report 董事會報告書 109 Financial Section 財務部份 212 Five Ye ...

東江集團(控股)有限公司 TK GROUP (HOLDINGS) LIMITED (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號：2283 0 日 ロ INTERIM REPORT 中期報告 CONTENTS 目錄 Corporate Information 2 公司資料 Financial Highlights 5 財務摘要 Management Discussion and Analysis 7 管理層討論及分析 Corporate Governance and Other Information 23 企業管治及其他資料 Interim Condensed Consolidated Balance Sheet 29 中期簡明合併資產負債表 Interim Condensed Consolidated Statement of Comprehensive Income 31 中期簡明合併綜合收益表 Interim Condensed Consolidated State ...

Financial Performance - Revenue for 2018 reached HK$2,298,609,000, an increase of 23.5% from HK$1,860,900,000 in 2017[9] - Profit attributable to owners of the Company was HK$350,185,000, up 15.9% from HK$301,833,000 in the previous year[9] - Basic earnings per share increased to HK$0.42, compared to HK$0.36 in 2017, reflecting a growth of 16.7%[9] - Proposed final dividend per share rose to HK$0.14 from HK$0.12, marking a 16.7% increase[9] - Gross profit margin decreased to 31.5% from 33.7%, while net profit margin fell to 15.2% from 16.2%[9] - Return on equity slightly decreased to 32.6% from 33.1%[9] - Gross profit increased to HK$724.4 million, a growth of 15.5% compared to HK$627.0 million in 2017, while the gross profit margin decreased to 31.5% from 33.7%[53] - Profit attributable to owners of the Company reached a record high of HK$350.2 million, marking a 16.0% year-on-year increase from HK$301.8 million in 2017[54] Dividends and Payouts - The Group has proposed an increase in the dividend payout ratio to 47.6%, with a final dividend of HK$0.14 per share, totaling HK$0.20 per share for the year[25] Financial Ratios and Health - Current ratio improved to 195.0% from 187.2%, indicating better short-term financial health[9] - Gearing ratio increased significantly to 31.8% from 10.7%, primarily due to a bank loan of EUR8.6 million[9][10] - Net current assets rose to HK$766,529,000, up from HK$560,251,000 in 2017[9] - The Group maintained net cash of HK$533.1 million, up from HK$452.3 million in 2017, supporting potential merger and acquisition activities[55] - As of December 31, 2018, the Group had a stable order backlog of HK$788.0 million, compared to HK$789.7 million at the end of 2017[55] Revenue Segmentation - The mobile phones and wearable devices segment generated revenue of HK$561.7 million, a 52.2% increase from HK$369.1 million in 2017[51] - The commercial telecommunications equipment segment reported revenue of HK$496.9 million, up 38.3% from HK$359.3 million in 2017[51] - The smart home segment achieved revenue of HK$256.3 million, representing a 21.9% increase from HK$210.3 million in 2017[51] - Revenue from the plastic components manufacturing segment amounted to approximately HK$1,606.2 million, a significant increase of 32.6% over last year, accounting for approximately 69.9% of the Group's total revenue[65] - Revenue from the mold fabrication segment was approximately HK$692.4 million, representing a stable growth of approximately 6.6% compared to HK$649.8 million in the previous year, accounting for approximately 30.1% of the Group's total revenue[60] Operational Efficiency - Inventory turnover days improved to 76 days from 86 days, indicating more efficient inventory management[9] - The Group completed a 30% expansion in production capacity during the year, which is expected to enhance efficiency and improve gross profit margins[73] Strategic Initiatives and Expansion - The Group acquired a large number of new equipment for mold and plastic components manufacturing workshops to cope with rising orders[31] - A newly leased factory in Huizhou, covering approximately 15,000 square meters, is set to commence operations in the first quarter of 2019[31] - The Group is actively seeking resources for building plants in Southeast Asia or considering acquisitions to expedite business scale expansion and reduce geopolitical risks[32] - The Group plans to invest in capacity expansion and pursue suitable investment projects primarily funded by internal resources[137] Challenges and Market Conditions - Despite challenges from the Sino-US trade war, the Group maintained a substantial number of orders, allowing for flexibility in managing cost pressures[32] - The company anticipates a challenging year in 2019 due to ongoing U.S.-China trade tensions and market volatility, although the direct impact on its operations is minimal[155] Management and Leadership - Mr. Yung Kin Cheung has approximately 30 years of experience in plastic mold fabrication and injection molding, serving as CEO since 2000[168] - Mr. Lee Leung Yiu, with around 35 years of experience, co-founded the Group in 1983 and has been responsible for procurement[169] - Mr. Cheung Fong Wa, appointed CFO in 2013, has 31 years of experience in auditing, accounting, and corporate finance[174] - The company has a strong management team with extensive experience in finance and operations across various industries[196] - The management team is committed to enhancing operational efficiency and driving growth through strategic initiatives[196]