4月15日，截至港股收盘，恒生指数上涨0.23%，报21466.27点。汇汉控股（00214.HK）收报0.365港元/ 股，上涨7.35%，成交量7361股，成交额2475港元，振幅11.76%。 最近一个月来，汇汉控股累计跌幅5.56%，今年来累计跌幅13.92%，跑输恒生指数6.77%的涨幅。 财务数据显示，截至2024年9月30日，汇汉控股实现营业总收入14.72亿元，同比增长63.12%；归母净利 润-2.16亿元，同比增长61.3%；毛利率56.82%，资产负债率52.7%。 资料显示，汇汉控股有限公司(股份代号:214)和其附属公司主要经营物业管理、发展及投资、酒店投资 及营运、旅游代理,以及金融投资业务,并持有泛海国际集团有限公司(股份代号:129)和泛海酒店集团有限 公司(股份代号:292)两间于香港联合交易所有限公司上市的附属公司。 （以上内容为金融界基于公开消息，由程序或算法智能生成，不作为投资建议或交易依据。） 本文源自：金融界 作者：行情君 机构评级方面，目前暂无机构对该股做出投资评级建议。 行业估值方面，其他金融行业市盈率（TTM）平均值为20.53倍，行业中值-0.09倍。汇汉控 ...

Financial Position - As of September 30, 2024, the group's total assets amounted to approximately HKD 37.3 billion, a decrease from HKD 38.2 billion as of March 31, 2024[1]. - The group's net asset value was HKD 17.7 billion as of September 30, 2024, down from HKD 18.1 billion as of March 31, 2024[1]. - The group's revalued total assets were HKD 45.2 billion, compared to HKD 46.0 billion as of March 31, 2024[1]. - The net debt amounted to HKD 15.6 billion, a reduction from HKD 16.4 billion as of March 31, 2024, resulting in a debt ratio of approximately 60%[1]. - The total equity attributable to the company is approximately HKD 9,154,792,000, a decrease from HKD 9,422,629,000 as of March 31, 2024[39]. - The company's total equity is HKD 17,651,948,000 as of September 30, 2024, down from HKD 18,117,849,000 as of March 31, 2024[96]. - The total non-current assets amount to HKD 10,685,953,000 as of September 30, 2024, compared to HKD 10,816,416,000 as of March 31, 2024[93]. - Current assets total HKD 11,175,267,000 as of September 30, 2024, down from HKD 11,670,557,000 as of March 31, 2024[93]. - Total liabilities amount to HKD 19,174,361,000 as of September 30, 2024, compared to HKD 20,094,330,000 as of March 31, 2024[93]. Receivables and Payables - The group's trade and other receivables included trade receivables of approximately HKD 73.8 million, down from HKD 77.3 million as of March 31, 2024[6]. - The aging analysis of trade receivables showed that as of September 30, 2024, receivables aged 0 to 6 months were HKD 72.9 million, compared to HKD 72.1 million as of March 31, 2024[7]. - Trade payables amounted to approximately HKD 42,199,000 as of September 30, 2024, significantly reduced from HKD 163,026,000 on March 31, 2024[29]. - The aging analysis of trade payables showed that amounts due within 6 months were HKD 41,748,000, with a total of HKD 42,199,000 as of September 30, 2024[35]. Financial Investments - The group's financial investments totaled HKD 3.54 billion as of September 30, 2024, down from HKD 4.00 billion as of March 31, 2024[10]. - The group held 15 listed equity securities and 1 unlisted equity security as of September 30, 2024[15]. - The market value of HSBC Holdings Limited shares held by the group was HKD 214.7 million, with unrealized gains of HKD 28.3 million[15]. - The group held 50 debt securities as of September 30, 2024, with a total principal amount of HKD 15,160,144, down from HKD 15,595,062 on March 31, 2024[18]. - The fair value of the debt securities decreased to HKD 3,176,485 as of September 30, 2024, from HKD 3,541,452 on March 31, 2024, resulting in an unrealized loss of HKD 266,000,000 for the six months ended September 30, 2024[19]. - The top five debt securities accounted for approximately 3.4% of the group's revalued total assets as of September 30, 2024, down from 4.0% on March 31, 2024[20]. Cash Flow and Financing - The net cash generated from operating activities for the six months ended September 30, 2024, was HKD 738,798,000, a significant improvement from a net cash used of HKD (463,345,000) in the same period of 2023[98]. - The total cash and cash equivalents at the end of the period were HKD 844,791,000, down from HKD 1,121,471,000 in the previous year[98]. - The company’s financing activities resulted in a net cash outflow of HKD (687,665,000), contrasting with a net cash inflow of HKD 729,517,000 in the previous year[98]. - The company has provided guarantees amounting to HKD 2.646 billion for bank loans related to joint ventures and associates[174]. Revenue and Profitability - Revenue for the six months ended September 30, 2024, was HKD 1,632 million, representing a 63% increase compared to HKD 1,000 million in 2023[131]. - Loss attributable to shareholders for the same period was HKD 239 million, a 61% improvement from a loss of HKD 619 million in 2023[131]. - The company reported a net investment loss of HKD 391,000,000 for the year, a decrease from HKD 1,782,000,000 in the previous year, primarily due to fair value losses and expected credit loss provisions[112]. - The gross profit for the period was HKD 927.3 million, slightly up from HKD 925.0 million in the previous year[175]. - The operating loss for the period was HKD 19.2 million, a substantial improvement from an operating loss of HKD 923.1 million in the same period last year[175]. - The company reported a net loss of HK$412.9 million for the six months ended September 30, 2024, compared to a net loss of HK$1,131.7 million in the prior year[175]. Stock Options and Shareholding - As of September 30, 2024, directors hold unexercised stock options totaling 7,000,000 shares under the 2014 stock option plan[72]. - The total number of stock options available for grant under the 2024 stock option plan is 84,087,399 shares as of September 30, 2024[73]. - The total number of unexercised stock options under the 2014 Pan Hai International stock option plan is also 7,000,000 as of September 30, 2024[74]. - Major shareholders owning 5% or more of the issued share capital include Teddington Holdings Limited (7.20%), Daswani Rajkumar Murlidhar (6.41%), and Heston Holdings Limited (5.99%)[69]. Market and Economic Outlook - The company anticipates a rebound in the local residential property market due to the Hong Kong government's recent policy adjustments and lower interest rates[116]. - The company is actively promoting Hong Kong through various large-scale events and international conferences to enhance its attractiveness to tourists[174]. - The company anticipates a recovery in its hotel business as visitor numbers to Hong Kong increase, aiming to return to pre-pandemic levels[174]. - The average hotel occupancy rate improved to 88%, up from 84% in the previous year, despite a decrease in room rates due to changing consumption patterns of mainland visitors[153]. Other Notable Events - The company completed a group restructuring involving the exchange of shares in Pan-Hai Hotel Group, resulting in the issuance of approximately 100,900,000 new shares and cash payments of about HKD 23,500,000[44]. - The group plans to streamline operations through the privatization of its hotel subsidiary, which took effect in October 2024, aiming to reduce administrative costs[160]. - The group is actively negotiating with local planning authorities for two joint residential development projects in downtown Vancouver[145].

Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 1,632 million, representing a 63% increase compared to HKD 1,000 million in the same period last year[2]. - Loss attributable to shareholders decreased to HKD 239 million, a 61% improvement from a loss of HKD 619 million in the previous year[2]. - Basic loss per share improved to HKD 0.28, down from HKD 0.74, reflecting a 61% reduction in losses[3]. - The total comprehensive loss for the period was HKD 465 million, significantly lower than HKD 3,031 million in the previous year[5]. - The company reported a net loss of HKD (239,425) for the six months ended September 30, 2024, compared to a net loss of HKD (618,645) in the same period last year, showing an improvement of about 61%[41]. Assets and Liabilities - Total assets as of September 30, 2024, were HKD 37,316 million, a decrease of 2% from HKD 38,212 million as of March 31, 2024[2]. - Net asset value decreased by 3% to HKD 17,652 million from HKD 18,118 million[2]. - The debt-to-revalued net asset ratio improved to 60% from 62%[2]. - Non-current assets as of September 30, 2024, totaled HKD 24,877,967, slightly down from HKD 25,107,873 as of March 31, 2024[31]. - The company’s borrowings stood at HKD 17,165,224 as of September 30, 2024, reflecting a stable debt position[28]. - The net debt was HKD 15.6 billion, a decrease from HKD 16.4 billion as of March 31, 2024, with a debt ratio of approximately 60%[64]. Revenue Breakdown - Revenue contributions by segment included property sales at HKD 1,005,840, property leasing at HKD 58,135, hotel operations at HKD 158,305, financial investments at HKD 384,774, and other income at HKD 24,870[25]. - The group recorded a revenue increase of 63% to HKD 1,632,000,000 for the first half of the fiscal year, primarily due to the property sales from "Landmark on Robson" in Canada[49]. Investment Performance - The net investment loss for the six months ended September 30, 2024, was HKD (390,597), a significant decrease from HKD (1,782,019) in the same period of 2023, indicating improved investment performance[32]. - The company reported a fair value loss on investment properties of HKD (245,485) during the period[25]. - The net realized gains from financial assets measured at fair value through profit or loss amounted to HKD 300,579, an increase from HKD 221,104 in the previous year, representing a growth of approximately 36%[34]. Operational Highlights - The group reported a gross profit of HKD 927 million, slightly up from HKD 925 million year-on-year[3]. - Operating profit turned positive at HKD 19 million, compared to an operating loss of HKD 923 million in the previous year[3]. - The average hotel occupancy rate was 88%, up from 84% in 2023, despite a decline in room rates due to changing consumption patterns of mainland visitors[59]. - The group anticipates a recovery in hotel operations as visitor numbers to Hong Kong increase, supported by government initiatives to promote tourism[68]. Corporate Governance and Future Outlook - The company plans to adopt revised accounting standards effective from April 1, 2025, which may impact future financial reporting[1]. - The group actively engaged in debt management discussions to extend repayment periods and reduce interest rates on its financial investments[62]. - The group has adhered to the corporate governance code principles as outlined in the listing rules[73]. - The audit committee reviewed the group's unaudited interim results for the six months ending September 30, 2024[74].

Financial Performance - The company recorded a loss attributable to shareholders of HKD 3.769 billion for the fiscal year, compared to a profit of HKD 429 million in the previous year, primarily due to increased expected credit loss provisions following liquidation orders against certain debt securities issuers[9]. - Total revenue decreased by 17% to HKD 1.903 billion from HKD 2.303 billion year-on-year[7]. - The company recorded revenue of HKD 1,903,000,000 for the fiscal year, down from HKD 2,303,000,000 in the previous year, resulting in a loss attributable to shareholders of HKD 3,769,000,000 compared to a profit of HKD 429,000,000 in the prior year[20]. - The hotel segment generated revenue of HKD 367,000,000, an increase from HKD 167,000,000 in the previous year, contributing HKD 180,000,000 in profit compared to HKD 38,000,000 previously[34]. - Gross profit for the same period was HKD 1,752 million, down 20.3% from HKD 2,198 million in the previous year[60]. - The company reported an operating loss of HKD 6,503 million, compared to an operating profit of HKD 823 million in 2023[60]. - The company’s total liabilities increased to HKD 20,094 million from HKD 18,724 million, marking an increase of 7.3%[60]. Asset and Liability Management - The total asset value declined by 10% to HKD 38.212 billion, while net assets decreased by 24% to HKD 18.118 billion[7]. - The group's total assets as of March 31, 2024, were approximately HKD 38.2 billion, down from HKD 42.7 billion in 2023, while net assets decreased from HKD 24 billion to HKD 18.2 billion[38]. - The net debt increased to HKD 16.4 billion in 2024 from HKD 15.5 billion in 2023, with a debt ratio of approximately 62% compared to 50% in the previous year[38]. - The company’s debt-to-equity ratio increased to 62%, up from 50% in the previous year, indicating a rise in financial leverage[7]. Property Development and Sales - Property contract sales reached approximately HKD 1.8 billion, a significant increase from HKD 600 million in the previous year, with five development projects currently on the market across Hong Kong, Beijing, and Vancouver[9]. - The company launched two new projects during the year, including a large market development project "汇都" in Hong Shui Qiao and a luxury residential project "宝峰" in Mid-Levels, Hong Kong[9]. - The residential project "Hui Du" in Hong Kong achieved a contract sales amount of HKD 1.2 billion as of March 31, 2024, with all five residential buildings completed[25]. - The company has completed the internal renovations of the "Landmark on Robson" project in Vancouver, with residential contract sales amounting to approximately CAD 241,000,000[30]. Hotel Business Performance - The hotel business showed continuous improvement, benefiting from government support for the tourism sector, with positive prospects as the third runway at the airport is expected to be completed by the end of 2024[9]. - The average hotel occupancy rate improved to approximately 83%, up from 63% in the previous year, with expectations for further recovery as air traffic in Hong Kong resumes[34]. - The hotel business is recovering with an increase in tourist numbers, although it remains below pre-pandemic levels[46]. Financial Investments and Liquidity - The financial investment portfolio provides liquidity and regular income, allowing the company to fund existing projects and seize potential investment opportunities[16]. - The company holds financial investments valued at approximately HKD 4,001,000,000, down from HKD 8,780,000,000 in the previous year, with 85% of the portfolio in listed debt securities[35]. - The group has over HKD 4.7 billion in cash and unutilized bank financing as of March 31, 2024, down from HKD 7.7 billion in 2023[38]. Environmental, Social, and Governance (ESG) Initiatives - The company aims to implement environmentally friendly measures in property development, adhering to the Green Building Assessment criteria to achieve sustainability certifications[83]. - The company has identified key ESG issues such as reducing greenhouse gas emissions and waste management as critical areas for sustainable development[73]. - The company has engaged stakeholders through various communication channels, including annual meetings and reports, to understand their expectations regarding ESG matters[71]. - The company has upgraded its equipment to more energy-efficient models to reduce its carbon footprint and energy consumption[81]. - The total amount of non-hazardous waste generated increased significantly to 5,628 tons in 2024 from 1,399 tons in 2023, indicating a substantial rise in construction and demolition waste[78]. Corporate Governance - The board of directors consists of six executive directors and three independent non-executive directors, ensuring a separation of roles between the chairman and the CEO[117]. - The board meets regularly, typically once per quarter, to review long-term business strategies and financial performance[118]. - The company has implemented compliance procedures to ensure adherence to applicable laws and regulations, with no reported violations during the reporting year[105]. - The company emphasizes transparency and effective communication with shareholders, holding multiple meetings with local and institutional investors[149]. Employee Management - The group employed approximately 330 staff as of March 31, 2024, a slight decrease from 340 in 2023[45]. - The overall employee turnover rate improved from 65% in 2023 to 40% in 2024[98]. - The company recorded zero work-related fatalities over the past three years, including the reporting year[98]. - The percentage of trained employees in senior management decreased from 51% in 2023 to 48% in 2024[100].

Financial Performance - The group recorded rental income of HKD 128 million for the year, a decrease from HKD 145 million in 2023, with a slight drop in occupancy rates by 3% to 4%[13] - The hotel segment generated revenue of HKD 367 million, significantly up from HKD 167 million in 2023, contributing HKD 180 million in profit compared to HKD 38 million in the previous year[15] - The total revenue for the year was CAD 1,903 million, reflecting a decrease of 17% from CAD 2,303 million in the prior year[25] - The company recorded revenue of HKD 1,903,000,000 for the fiscal year, a decrease from HKD 2,303,000,000 in the previous year, resulting in a loss attributable to shareholders of HKD 3,769,000,000 compared to a profit of HKD 429,000,000 in the prior year[82] - Total revenue for the year 2024 reached HKD 1,903,430,000, with contributions from property leasing at HKD 366,675,000 and hotel operations at HKD 1,363,841,000[86] Asset and Liability Management - As of March 31, 2024, the total asset value of the group is approximately HKD 38.2 billion, down from HKD 42.7 billion in 2023, with a net asset value of HKD 18.2 billion compared to HKD 24.0 billion in 2023[6] - The group’s net debt increased to HKD 16.4 billion from HKD 15.5 billion in 2023, with a debt ratio of approximately 62% compared to 50% in the previous year[6] - The total assets decreased by 10% to CAD 38,212 million from CAD 42,680 million year-over-year[25] - The net asset value dropped by 24% to CAD 18,118 million from CAD 23,956 million in the previous year[25] - The debt net amount increased by 5% to CAD 16,363 million from CAD 15,547 million year-over-year[25] - The company’s asset-liability ratio, calculated as net debt to revalued net assets, rose to 62% from 50% in the previous year[25] - The total liabilities stood at HKD 18,724,158, with borrowings amounting to HKD 16,766,987[60] - Total liabilities decreased from HKD 13,645,923,000 to HKD 12,756,110,000, indicating improved financial stability[93] Investment Performance - The group recorded an investment loss of HKD 6.917 billion, a significant increase from HKD 1.635 billion in 2023, primarily due to provisions for expected credit losses[17] - The company reported a significant increase in expected credit loss changes, amounting to CAD 6,743 million, compared to CAD 1,721 million in the previous year[26] - The net loss from investments amounted to HKD (6,887,276,000), significantly impacting overall financial performance[86] - The fair value gain from investment properties was recorded at HKD 55,865,000, offset by other expenses of HKD (885,205,000)[86] Sales and Development - Approximately 83% of residential units in the "Beijing Dongwan" project have been sold, with a total contract sales amount reaching RMB 5.2 billion as of March 31, 2024[11] - The property contract sales for the year ending March 31, 2024, reached approximately CAD 1,451 million, a significant increase of 769% compared to CAD 167 million in the previous year[25] - The residential development project "滙都" achieved a contract sales amount of HKD 1,200,000,000 as of March 31, 2024[84] - The company achieved contract sales of approximately HKD 1,800,000,000 from five development projects during the year, compared to HKD 600,000,000 in the previous year[83] Operational Changes - The group plans to simplify operations through a restructuring proposal presented to non-related shareholders of its listed hotel subsidiary[1] - The company is undergoing a restructuring plan for 泛海酒店集團有限公司 as of June 19, 2024, under Bermuda Company Law[71] - The company has initiated a land exchange application for its residential project in Tuen Mun, potentially increasing the developable floor area to approximately 83,700 square feet[76] Employment and Compensation - The group employed approximately 330 staff as of March 31, 2024, down from 340 in 2023, with a compensation package aligned with job nature and experience levels[8] Governance and Compliance - The company has adopted the corporate governance code principles as per the listing rules, ensuring compliance with applicable regulations[89] - The audit committee reviewed the annual performance for the year ending March 31, 2024, ensuring transparency and accountability[90] - The company did not declare a final dividend for the year ending March 31, 2024, consistent with the previous year[65] Market Outlook - The group expects further recovery in the hotel sector as air traffic volume fully recovers and the third runway at the airport is completed by the end of 2024[15] - The company plans to expand its market presence and invest in new technologies to enhance growth prospects[46]

滙漢控股有限公司 2023 中期報告 股份代號 : 214 www.asiaorient.com.hk 目錄 2 公司資料 3 財務摘要 4 管理層討論及分析 10 簡明綜合損益賬 － 未經審核 11 簡明綜合全面收益表 － 未經審核 12 簡明綜合資產負債表 － 未經審核 14 簡明綜合現金流量表 － 未經審核 15 簡明綜合權益變動報表 － 未經審核 16 中期財務資料附註 45 其他資料 公司資料 董事 執行董事 馮兆滔先生 （主席） 潘政先生 （董事總經理 兼行政總裁） 潘海先生 潘洋先生 倫培根先生 關堡林先生 獨立非執行董事 黃之強先生 張國華先生 梁偉強先生， 太平紳士 審核委員會 黃之強先生 （主席） 張國華先生 梁偉強先生， 太平紳士 薪酬委員會 黃之強先生 （主席） 馮兆滔先生 梁偉強先生， 太平紳士 提名委員會 馮兆滔先生 （主席） 黃之強先生 梁偉強先生， 太平紳士 法定代表 馮兆滔先生 倫培根先生 公司秘書 董國磊先生 註冊辦事處 Victoria Place 5th Floor 31 Victoria Street Hamilton HM 10 Bermuda 香港主要辦事處 香港 ...

滙漢控股有限公司 2023 年報 股份代號 : 214 www.asiaorient.com.hk 2 0 2 3 年 報 滙漢控股有限公司 目錄 2 公司資料 3 財務摘要 4 主席報告書 5 業務模式及策略 6 管理層討論及分析 12 主要物業 15 五年財務摘要 16 環境、社會及管治報告 28 企業管治報告 40 董事及高級管理層 44 董事會報告書 61 獨立核數師報告 71 綜合損益賬 72 綜合全面收益表 73 綜合資產負債表 75 綜合現金流量表 76 綜合權益變動報表 77 財務報表附註 公司資料 董事 執行董事 馮兆滔先生 （主席） 潘政先生 （董事總經理 兼行政總裁） 潘海先生 潘洋先生 倫培根先生 關堡林先生 獨立非執行董事 黃之強先生 張國華先生 梁偉強先生， 太平紳士 審核委員會 黃之強先生 （主席） 張國華先生 梁偉強先生， 太平紳士 薪酬委員會 黃之強先生 （主席） 馮兆滔先生 梁偉強先生， 太平紳士 提名委員會 馮兆滔先生 （主席） 黃之強先生 梁偉強先生， 太平紳士 法定代表 馮兆滔先生 倫培根先生 公司秘書 董國磊先生 註冊辦事處 Victoria Place 5th F ...

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之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因倚賴該等內容 而引致之任何損失承擔任何責任。 ASIA ORIENT HOLDINGS LIMITED 滙漢控股有限公司* （於百慕達註冊成立之有限公司） （股份代號：214） 截至二零二三年三月三十一日止年度 業績公佈 及建議修訂現有公司細則 財務摘要 （除另有註明外，金額以百萬港元列示） 二零二三年 二零二二年 變動 收入 2,303 2,789 -17% 本公司股東應佔溢利╱（虧損） 429 (906 ) 不適用 每股盈利╱（虧損）－基本（港元） 0.51 (1.08 ) 不適用 資產總值 42,680 39,520 +8% ...

All 匯漢控股有限公司 401 电 1. 1. 1. 1. 1. 1. 1. 2022 中期報告 股份代號 : 214 | --- | --- | --- | --- | --- | --- | --- | |-------|-------|--------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 目錄 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 公司資料 | | | | | | | 2 | | | | | | | | | | | | | | | | 3 | 財務摘要 | | | | | | | 4 | 管理層討論及分析 | | | | | | | | | | | | | | | 10 | 中期財務資料審閱報 ...

滙漢控股有限公司 e al the state and 2022 年報 股份代號 : 214 目錄 滙漢控股有限公司 二零二二年年報 1 2 公司資料 | --- | --- | |-------|----------------------| | | | | | | | 3 | 財務摘要 | | 4 | 主席報告書 | | 5 | 業務模式及策略 | | 6 | 管理層討論及分析 | | 13 | 主要物業 | | 16 | 五年財務摘要 | | 17 | 環境、社會及管治報告 | | 31 | 企業管治報告 | | 41 | 董事及高級管理層 | | 45 | 董事會報告書 | | 61 | 獨立核數師報告 | | 70 | 綜合損益賬 | | 71 | 綜合全面收益表 | | 72 | 綜合資產負債表 | | 74 | 綜合現金流量表 | | 75 | 綜合權益變動報表 | | 76 | 財務報表附註 | 註冊辦事處 法律顧問 羅夏信律師事務所 香港 金鐘道95號 統一中心18樓 Victoria Place 5th Floor 31 Victoria Street Hamilton HM 10 Ber ...