长和(00001) - 2022 - 年度财报

Financial Performance - The total EBITDA for 2022 was reported at HKD 119,010 million, with a basic benchmark of HKD 106,207 million[14]. - The total EBIT for 2022 was reported at HKD 72,864 million, with a basic benchmark of HKD 60,061 million[15]. - Total revenue for 2022 was HKD 457,229 million, representing a 3% increase from HKD 445,383 million in 2021[16]. - EBITDA for 2022 reached HKD 142,132 million, reflecting a 5% growth compared to HKD 135,653 million in 2021[39]. - EBIT totaled HKD 78,261 million in 2022, marking a 14% increase from HKD 68,818 million in the previous year[39]. - The group's net profit attributable to shareholders for 2022 was HKD 9.7 billion, including one-time gains from the sale of UK tower assets and Indonesian telecom business, offset by non-cash goodwill impairment of HKD 12 billion[23]. - The company's profit attributable to ordinary shareholders increased to HKD 36,680 million in 2022, up from HKD 33,484 million in 2021, representing an increase of 6.5%[18]. - Earnings per share (EPS) rose to HKD 9.57 in 2022, compared to HKD 8.70 in 2021, reflecting a growth of 10%[18]. - The group's EBITDA for the year was HKD 119.01 billion, compared to HKD 111.23 billion for the previous year, resulting in an interest coverage ratio of 64.5 times, up from 31.9 times[141]. Revenue Breakdown - Revenue from Europe amounted to HKD 214,888 million, while revenue from Asia, Australia, and others was HKD 74,434 million[13]. - Retail segment revenue decreased by 2% to HKD 169,645 million, down from HKD 173,601 million in the previous year[16]. - The financial and investment segment saw a revenue increase of 31% to HKD 94,085 million from HKD 72,036 million in the previous year[16]. - CK Hutchison Group Telecom revenue decreased by 10% to HKD 83,289 million, down from HKD 92,575 million in 2021[16]. - The infrastructure segment reported a revenue decline of 3% to HKD 54,441 million from HKD 56,100 million in the previous year[16]. - The retail segment generated revenue of HKD 169,645 million, down 2% from HKD 173,601 million in 2021[39]. - The port segment reported total revenue of HKD 44.14 billion, with EBITDA of HKD 15.8 billion and EBIT of HKD 11.43 billion, reflecting increases of 4%, 4%, and 6% respectively in reported currency[26]. Operational Highlights - The port division handled a total throughput of 84.8 million TEUs (twenty-foot equivalent units) in 2022, with interests in 293 operational berths across 51 ports in 25 countries[9]. - The retail division operates over 16,100 stores in 28 markets, making it the largest international health and beauty retailer globally[10]. - The telecommunications division is a pioneer in mobile data communication technology and a leading operator in integrated telecommunications and digital services[12]. - The company is involved in the manufacturing and distribution of bottled water and beverages in Hong Kong and mainland China[10]. - The company processed 84.8 million twenty-foot equivalent units (TEUs) in 2022, maintaining a strong position in six of the world's ten busiest container ports[43]. - The company plans to invest in new world-class container terminals in Egypt to enhance capacity and support future growth[26]. - The company plans to continue expanding its market presence and investing in new technologies to enhance its service offerings[12]. Strategic Initiatives - The company is actively pursuing strategic acquisitions to bolster its infrastructure and telecommunications capabilities[11]. - The company plans to expand its presence in the Middle East by opening 12 new stores in Saudi Arabia, Qatar, and the UAE[20]. - The company has received approval for the commercial listing of its products in Macau, enhancing its market reach[20]. - The company is collaborating with Cellnex to develop a new AI tumor vaccine research platform, aiming to enhance vaccine exploration and design capabilities[21]. - The company announced a collaboration with Terminal Investment Limited Sàrl to develop a new container terminal in Europahaven, Netherlands[41]. - The company is collaborating with HaloSep AB to assess the feasibility of hazardous gas purification in Rotterdam, Netherlands[75]. Market Challenges - The telecommunications business is expected to recover in 2023 as COVID-19 restrictions are lifted and borders reopen, increasing foot traffic[22]. - External factors such as inflation, energy prices, and geopolitical risks are expected to create uncertainty for the group's business in 2023[36]. - The ongoing COVID-19 pandemic remains a significant uncertainty, potentially affecting the group's operations, particularly in port and retail services[147]. - The group faces significant risks due to the ongoing COVID-19 pandemic, which may lead to reduced business operations and cash flow, impacting financial performance[148]. - The group cannot guarantee that new investments will further increase customer numbers and operational gross profit, which may adversely affect its financial condition and operational performance[156]. Governance and Management - The company has appointed several experienced directors, including Ye Dequan, who has been with the company since December 2014, and has extensive experience in various subsidiaries[174]. - The company reported a significant management team with over 35 years of experience in different industries, including finance and operations[176]. - The board includes independent directors with legal and corporate governance expertise, enhancing the company's compliance and regulatory framework[177]. - The company has a robust governance structure, with independent directors overseeing various subsidiaries and ensuring accountability[178]. - The company emphasizes the importance of legal and regulatory compliance, as evidenced by the qualifications of its directors in law and corporate governance[181]. Shareholding Structure - Li Ka-Shing holds a total of 1,161,272,710 shares, representing approximately 30.43% of the company's total issued shares as of December 31, 2022[193]. - The company has a total of 3,830,044,500 issued shares, which is the basis for calculating the percentage of shareholdings[194]. - The shareholding of Ho Kwan Ning is 6,011,438 shares, accounting for 0.16% of the total issued shares[192]. - The shareholding of Mak Lee Sze is 833,868 shares, which is approximately 0.02% of the total issued shares[192]. - The shareholding of Fok Yat Choi is 7,380,860 shares, representing about 0.19% of the total issued shares[192]. - The company has a diverse range of shareholders, including family and trust entities, indicating a complex ownership structure[193].