招商局中国基金(00133) - 2024 - 中期业绩

Financial Performance - The company's total comprehensive income for the period was $56,610,309, compared to$43,159,651 in the previous period, representing an increase of approximately 31%[2] - The profit attributable to shareholders for the current period was $59,503,492, down from$63,682,960, indicating a decrease of about 6.8%[3] - The net gain from financial assets measured at fair value through profit or loss was $75,152,945, a decrease from$80,411,139, reflecting a decline of approximately 6.5%[7] - Investment income for the period was $1,931,659, which is an increase of approximately 80.4$1,072,112 in the previous period[8] - The basic earnings per share for the current period was $0.391, down from$0.418, indicating a decrease of about 6.5%[2] - The company reported a pre-tax profit of $72,310,340, down from$76,986,060, which is a decrease of about 6.9%[9] - The total comprehensive income for the period was $59,503,492, down from$63,682,960 in the previous year, showing a decline of approximately 6.8%[21] - The company reported a pre-tax profit of $76,986,060 for the period, which reflects the overall profitability of the business operations[18] Assets and Liabilities - The total assets, after deducting current liabilities, increased to$720,667,516 from $664,831,444, marking a growth of about 8.4$602,363,456 from $557,939,788, representing an increase of approximately 7.9$27,228,328 to $37,035,913, reflecting a reduction of approximately 36.1$438,291,288 from $380,136,922, representing a growth of approximately 15.3$28,413 from $30,682, indicating a reduction of about 7.4$757,703,429 from $692,059,772, representing a growth of approximately 9.4$602.36 million, an increase from $557.94 million as of December 31, 2023, with a net asset value per share of$3.954[24] Cash and Investments - The cash and cash equivalents increased significantly from $8,627,649 to$42,316,068, indicating a growth of approximately 390%[4] - The cash and cash equivalents increased by 390.38% to $42.32 million from$8.63 million at the end of the previous year[26] - The total investment value as of June 30, 2024, was $715.18 million, with financial services accounting for$438.29 million (57.85% of total assets)[29] Dividends and Reserves - The company declared an interim dividend of $0.04 per share for the six months ending June 30, 2024, totaling$6,093,321, compared to no dividend for the same period last year[22] - The total reserves decreased by $2,893,183 during the period, compared to a larger decrease of$20,523,309 in the previous year[21] Foreign Exchange and Economic Outlook - The company incurred a foreign exchange loss of $571,066, which was higher than the loss of$164,554 in the previous year, indicating increased volatility in currency exchange rates[17] - The global economic growth rate for 2024 is projected at 2.6%, with China's economic growth expected to meet the target of around 5.0%[30] Corporate Governance and Compliance - The company has complied with all provisions of the Corporate Governance Code as per the Stock Exchange Rules, except for the establishment of a remuneration committee[33] - All directors confirmed compliance with the standards set out in the Model Code for Securities Transactions by Directors of Listed Issuers during the reporting period[34] - The unaudited financial data for the six months ending June 30, 2024, has been reviewed by KPMG in accordance with the Hong Kong Institute of Certified Public Accountants' standards[33] Future Plans - The company plans to focus on investment opportunities in digital finance, emerging technologies, cultural tourism, and healthcare sectors[31] - The company did not enter into any new investment projects or fully exit any existing projects during the first half of 2024[25]