晶門半導體有限公司 ANNUAL REPORT 2024 年 報 Contents 目錄 01 Corporate Profile 公司簡介 02 Products Overview 產品簡介 08 Financial Highlights 財務摘要 09 Chairman's Statement 主席報告 12 Chief Executive Officer's Message 行政總裁的話 15 Management Discussion and Analysis 管理層討論及分析 26 Board of Directors and Senior Management 董事會及高級管理層 35 Corporate Governance Report 企業管治報告 61 Report of the Directors 董事會報告 75 Independent Auditor's Report 獨立核數師報告 83 Consolidated Financial Statements 綜合財務報表 174 Five-year Financial Summary 五年財務摘要 175 Definitions an ...

全年業績 晶門半導體有限公司的董事宣佈本公司及其附屬公司（統稱「本集團」）截至2024年12月31日止年度 之綜合全年業績連同上一年度同期的比較數字如下： 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告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份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。 （於開曼群島註冊成立之有限公司） （股份代號：2878） 2024年全年業績公佈 財務摘要 1 • 銷售額下跌25.9%至113.4百萬美元。 • 毛利為38.0百萬美元，下跌17.9%。 • 毛利率為33.5%，上升3.2個百分點。 • 本公司擁有人應佔溢利淨額為10.1百萬美元，下跌47.9%。 • 每股盈利為0.4美仙（3.1港仙）。 • 董事會不建議派付2024年12月31日止年度之末期股息。 綜合損益表 截至2024年12月31日止年度 | | | 2024 | 2023 | | --- | --- | --- | --- | | | 附註 | 千美元 | 千美元 | | 銷售額 | 4 | 113,440 | 153,151 | | 銷售 ...

晶門半導體有限公司 (Incorporated in 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: 2878 2024 INTERIM REPORT 中期報 告 | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | CONTENTS | | | 目錄 | | 1 | Corporate Profile 公司簡介 Financial Highlights | | 2 3 | 財務摘要 Interim Condensed Consolidated Statement of Profit or Loss | | 4 | 中期簡明綜合損益表 Interim Condensed Consolidated Stat ...

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告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部份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。 （於開曼群島註冊成立之有限公司） （股份代號：2878） 有關2023年年報的補充公告 茲提述晶門半導體有限公司（「本公司」）於2024年4月26日刊發截至2023年12月31日 止年度之年報（「2023年年報」）。除文義另有指明者外，本公告所用詞彙與2023年 年報所用者具有相同涵義。 董事會就2023年年報提供以下補充資料： 2013年購股權計劃 1. 2013年購股權計劃於2013年5月28日獲採納，並於2023年5月27日屆滿。根據 2013年購股權計劃，不得進一步授出購股權。本公司概無其他股份計劃。 2. 截至2023年12月31日止年度，本公司共授出5,900,000份購股權。 3. 於2023年1月1及2023年12月31日，根據計劃授權限額可供授出之購股權數目 分別為92,830,235份及0份。2013年購股權計劃項下並無設置任何服務供應商 分項限額。 4. 截至2023年12月31日 ...

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告的內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份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。 （於開曼群島註冊成立之有限公司） （股份代號：2878） 截至2024年6月30日止6個月 中期業績公告 | --- | |----------| | | | | | | | | | 百萬美元 | | | 1 中期業績 晶門半導體有限公司（統稱「本公司」）的董事宣佈本公司及其附屬公司（統稱「本集團」）截至2024年 6月30日止6個月的未經審核簡明綜合中期業績連同上年度同期的比較數字列載如下： 中期簡明綜合損益表 截至2024年6月30日止6個月 | --- | --- | --- | --- | |----------------------------------------------|-------|--------------------------------|---------------| | | | 未經審核 \n6 月 30 日止 \n2024 | 6 個月 \n2023 | | | ...

178 Corporate and Shareholder Information 公司及股東資料 願景 10700, 10, 10, 100 雙穩態顯示 Bistable display is a non-traditional display technology. It is a display device illuminated by reflecting ambient light. Bistable display offers paper-like readability, with features such as high contrast, a wide viewing angle, reflectiveness, and readability under sunlight. It is ultra thin and lightweight. Some bistable displays can even be twisted out of shape. Moreover, system power can be saved by the bistability characteris ...

（於開曼群島註冊成立之有限公司） （股份代號：2878） | --- | --- | |-------|---------------------------------------------------------| | | | | | 財務摘要 | | • | 銷售額下跌 19.8% 至 153.2 百萬美元。 | | • | 毛利為 46.3 百萬美元，下跌 29.2% 。 | | • | 毛利率為 30.3% ，下跌 4.0 個百分點。 | | • | 本公司擁有人應佔溢利淨額為 19.4 百萬美元，下跌 30.1% 。 | | • | 每股盈利為 0.8 美仙（ 6.2 港仙）。 | | • | 董事會不建議派付 2023 年 12 月 31 日止年度之末期股息。 | 全年業績 截至2023年12月31日止年度 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告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份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。 2023年全年業績公佈 1 晶門半導體有限公司的董事宣佈本公司及其附屬公司（統稱 ...

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告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任 何部份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。 （於開曼群島註冊成立之有限公司） （股份代號：2878） 有關2022年年報的補充公告 茲提述晶門半導體有限公司（「本公司」）於2023年4月27日刊發截至2022年12月31日 止年度之年報（「2022年年報」）。除文義另有指明者外，本公告所用詞彙與2022年 年報所用者具有相同涵義。 董事會就2013購股權計劃提供以下補充資料： (a) 截至2022年12月31日止年度授出購股權之詳情如下： 授出購股權 價值 公平值 數目 （以千位計） （以千位計） （以千位計） （美元） （港元） ...

Share Options - As of June 30, 2023, the weighted average exercise price of unexercised share options was HK$0.684, with a total of 30,150,000 options remaining[3]. - During the period, 1,300,000 share options were exercised at a weighted average subscription price of HK$0.2181, generating approximately US$37,000 in cash before expenses[15]. - The company granted 5,900,000 share options during the period at an average exercise price of HK$0.470[3]. - The average closing price of the company's ordinary shares on the exercise date of share options was HK$0.49[37]. - The company had 354,297 dilutive share options outstanding for the six months ended June 30, 2023, compared to 1,283,976 in the same period of 2022[27]. - The total number of share options granted during the year is 30,150 thousand units[200]. - The total number of share options exercised during the year is 5,900 thousand units[200]. - The total number of share options lapsed/forfeited during the year is 1,300 thousand units[200]. - The total number of share options held as of June 30, 2023 is 27,150 thousand units[200]. - The exercise price per share for options granted on June 22, 2022 is HK$0.530[200]. - The exercise price per share for options granted on March 24, 2023 is HK$0.546[200]. - The exercise price per share for options granted on May 25, 2023 is HK$0.463[200]. - The vesting period for options granted on June 22, 2022 is from June 22, 2022 to June 21, 2023[200]. - The exercise period for options granted on May 25, 2023 is from May 25, 2023 to May 25, 2025[200]. - The total number of share options held on June 30, 2023 is 30,150 thousand units[200]. Financial Performance - Revenue for the six months ended June 30, 2023, was US$85.3 million, a decrease of 21.4% compared to US$108.5 million in the same period of 2022[63]. - Gross profit for the same period was US$27.9 million, down 33.8% from US$42.2 million year-over-year[63]. - Profit attributable to owners of the parent was US$13.2 million, reflecting a decline of 39.5% from US$21.8 million in the prior year[63]. - Earnings per share decreased to 0.53 US cents, a drop of 39.1% compared to 0.87 US cents in the previous year[63]. - Profit before tax decreased to $13,165,000, a decline of 39.5% from $21,771,000 in the previous year[66]. - Profit for the period was $13,165,000, compared to $21,758,000 in the same period last year, representing a decrease of 39.5%[67]. - Total comprehensive income for the period was $10,731,000, down from $21,871,000, a decrease of 51.0%[67]. - The profit for the period ending June 30, 2023, is reported at US$13.165 million, compared to US$21.760 million for the same period in 2022, indicating a decrease of approximately 39.5%[97]. Assets and Liabilities - Total assets increased to US$160.2 million, a slight rise of 1.2% from US$158.3 million at the end of 2022[62]. - Shareholders' funds rose to US$120.2 million, marking a 10.1% increase from US$109.2 million at the end of 2022[62]. - Cash and cash equivalents at the end of the period were US$70.874 million, up from US$46.420 million in the previous year[54]. - Total current assets increased to $151,435,000 from $146,126,000, reflecting a growth of 3.5%[69]. - Net current assets rose to $111,800,000, compared to $97,739,000, indicating an increase of 14.3%[69]. - Total assets less current liabilities amounted to $120,575,000, up from $109,876,000, a growth of 9.5%[69]. - The total liabilities related to contracts decreased from US$6,346,000 at the end of 2022 to US$5,773,000 as of June 30, 2023[9]. - Trade payables as of June 30, 2023, amounted to US$13,935,000, a decrease from US$15,807,000 as of December 31, 2022[9]. - The ageing analysis of trade payables showed that 1-30 days overdue payables were US$7,715,000, while those overdue by 61-90 days were US$1,311,000[13]. - Trade receivables as of June 30, 2023, amounted to US$17,678,000, down from US$19,227,000 as of December 31, 2022, reflecting a decrease of approximately 8.06%[33]. - The impairment provision for trade receivables was US$173,000 as of June 30, 2023, slightly improved from US$214,000 in the previous year[33]. - The company reported a reversal of impairment losses of US$41,000 during the period[7]. Dividends - No interim dividend was declared for the six months ended June 30, 2023, consistent with the previous year[30]. - The company does not recommend the payment of an interim dividend for the six months ended June 30, 2023[64]. - The company did not declare or pay any dividends for the year ended December 31, 2022[28]. Market Performance - Sales in Hong Kong and Mainland China amounted to US$46,427,000, down from US$62,675,000, reflecting a decline of 26%[132]. - The Group's sales in Taiwan decreased by 47.3% to US$9,899,000 from US$18,734,000[132]. - Sales in Japan increased by 31.1% to US$11,968,000 compared to US$9,092,000 in the previous year[132]. - The Group's sales in Europe rose by 65.5% to US$12,600,000 from US$7,618,000[132]. - Revenue from new display ICs was US$39,847,000, down from US$49,731,000 in the previous year, representing a decline of 19.0%[156]. - The largest customer contributed US$32,566,000 in sales, accounting for over 10% of the Group's total revenue, compared to US$43,146,000 from the largest customer in the same period last year[159]. Financial Management - The current ratio improved to 3.82 from 3.02, indicating better short-term financial stability[44]. - The debt to equity ratio remained low at 0.00, down from 0.013, reflecting a strong equity position[44]. - The fair value of financial instruments approximates their carrying amounts due to their short-term nature, indicating effective liquidity management[94]. - The Group's cash and cash equivalents, along with other financial assets, have been assessed to have fair values closely aligned with their carrying amounts, ensuring stability in financial reporting[94]. - The Group has not identified any significant impact on its financial position or performance due to the recent accounting policy changes[88]. - The Group did not make any provision for Hong Kong profits tax due to available tax losses from prior years[179]. Operational Insights - The company specializes in the design, development, and sales of integrated circuits for various display applications, indicating ongoing focus on innovation and market expansion[74]. - The Group has maintained a single operating segment focused on the design, development, and sales of proprietary IC products and system solutions[148]. - The Group's operating segments are assessed by the Executive Director and senior management to allocate resources effectively[126]. - The Group has applied amendments to HKAS 1 and HKAS 12 since January 1, 2023, which are expected to impact annual consolidated financial statements but did not affect interim financial information[111][115]. - The Group has adopted new and revised HKFRSs, including HKFRS 17 for insurance contracts, which may impact future financial reporting[108].

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告的內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份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。 （於開曼群島註冊成立之有限公司） （股份代號：2878） 截至2023年6月30日止6個月 中期業績公告 財務摘要 • 銷售額下跌約21.4%至85.3百萬美元 • 毛利為27.9百萬美元，毛利率為32.7% • 本公司擁有人應佔期內溢利淨額為13.2百萬美元 • 每股盈利為0.53美仙（等同於4.11港仙） ...