Financial Performance - Revenue for the six months ended March 31, 2024, was HKD 48,513,038, a decrease of 19.5% compared to HKD 60,228,181 for the same period in 2023[4] - Operating profit for the period was HKD 21,414,362, a significant recovery from an operating loss of HKD 58,389,855 in the previous year[4] - Profit before tax was HKD 18,179,019, compared to a loss before tax of HKD 59,761,225 in the same period last year[4] - Net profit attributable to equity holders for the period was HKD 18,384,344, a turnaround from a loss of HKD 59,761,225 in the previous year[4] - Basic and diluted earnings per share for the period were HKD 4.38, compared to a loss per share of HKD 14.22 in the same period last year[4] - The group reported a pre-tax profit of HKD 18,384,344 for the six months ended March 31, 2024, compared to a loss of HKD 59,761,225 for the same period in 2023[26] - The net unrealized gains for financial assets measured at fair value through profit or loss were HKD 42,024,823, a significant improvement from the loss of HKD 63,790,160 in the previous year[17] - The performance of listed investments improved from a net loss of HKD 68,300,000 to a profit of approximately HKD 41,400,000 during the period[45] - The net profit attributable to equity holders for the period was approximately HKD 18,200,000, a significant turnaround from a loss of HKD 59,800,000 in the previous year[43] Assets and Liabilities - Total assets less current liabilities amounted to HKD 358,196,120 as of March 31, 2024, up from HKD 338,772,704 as of September 30, 2023[6] - The company’s total equity increased to HKD 338,235,191 as of March 31, 2024, compared to HKD 319,850,847 as of September 30, 2023[6] - Cash and cash equivalents at the end of the period were HKD 33,043,996, slightly down from HKD 33,075,167 at the end of the previous period[10] - The group has a total of HKD 290,652 in prepaid expenses and deposits as of March 31, 2024, compared to HKD 221,328 as of September 30, 2023, indicating an increase of approximately 31.2%[33] - The total amount of receivables from the sale of unlisted investments decreased significantly from HKD 39,577,891 as of September 30, 2023, to HKD 7,802,678 as of March 31, 2024[33] - The group has pledged financial assets valued at HKD 130,327,523 as of March 31, 2024, up from HKD 105,944,151 as of September 30, 2023, reflecting an increase of approximately 23.1%[41] Cash Flow and Expenses - The company reported a net cash outflow from operating activities of HKD 17,979,171, an improvement from HKD 29,149,284 in the previous year[10] - The group recognized total administrative expenses of HKD 7,589,623 for the six months ended March 31, 2024, compared to HKD 8,426,649 in the previous year[23] - The group incurred interest expenses of HKD 3,235,343 for the six months ended March 31, 2024, compared to HKD 1,371,370 in the previous year[23] - The group recorded a total of HKD 2,036,593 in short-term benefits, including share-based payments, for the six months ended March 31, 2024, a decrease from HKD 2,393,732 in the prior year[40] - The group recorded approximately HKD 6,800,000 in bond interest income during the period[48] Dividends and Shareholder Information - The company did not declare any dividends for the period[4] - The group did not declare an interim dividend for the six months ended March 31, 2024, consistent with the previous year[25] - The total issued and paid-up ordinary shares remain at 420,128,249 shares with a par value of HKD 0.25 as of March 31, 2024[35] - The basic and diluted earnings per share for the period were calculated based on a weighted average of 420,128,249 shares, with earnings of HKD 18,384,344[27] Governance and Compliance - The audit committee consists of two independent non-executive directors as of March 31, 2024, and has reviewed the accounting principles and practices adopted by the company[72] - The company has adopted the standard code for securities transactions by directors as per the listing rules and confirmed full compliance by all directors during the period[73] - The company has adhered to the corporate governance code, with a noted deviation regarding the separation of the roles of chairman and CEO, which the board believes allows for efficient decision-making[74] - Following the resignation of Mr. Li Mingzheng on March 5, 2024, the number of independent non-executive directors fell below the minimum required by listing rules, and the company is seeking suitable candidates to fill the vacancy[75] Investments and Market Outlook - The group holds significant investments, including 51,800,000 shares in Japan Synergy Group Limited valued at approximately HKD 85,400,000[51] - The outlook for the investment market remains cautious, with no significant improvement or decline expected in the near term[48] - Japan Kyoei completed a capital restructuring in July 2023, including share consolidation and capital reduction, and recorded unrealized gains of approximately HKD 58.4 million during the period[52] - Kyoei's net asset value is approximately HKD 383.9 million, with current assets of HKD 565.6 million and total liabilities of HKD 194 million as of October 31, 2023[54] - Haowen Holdings reported a net asset value of approximately RMB 292.7 million, current assets of RMB 211.6 million, and total liabilities of RMB 85.9 million as of December 31, 2023[55] - The company has no significant changes in its investment segment during the period[56] Employee and Operational Information - As of March 31, 2024, the company has 14 employees with total employee costs of approximately HKD 1.4 million[60] - The company's outstanding margin loans and debts amount to approximately HKD 44.9 million, with interest rates ranging from 8% to 13.38%[61] - There are no specific plans for significant investments or capital assets as of March 31, 2024[63] - No stock options were granted during the period, and the total number of unexercised stock options is 33.6 million as of March 31, 2024[68] - The company did not repurchase, redeem, or sell any of its listed securities during the six months ending March 31, 2024[70]
首都创投(02324) - 2024 - 中期业绩