会员员务必注意本次电话会议交流内容仅限相关会员员内部参考任何机构或会员不得以任何形式对电话会议任何内容进行泄露或外发请勿以任何方式索要、泄露、散布、转发电话会议纪要任何泄露电话会议纪要等信息的行为均为侵权行为声望洪源研究保留追究泄露转发者法律责任的权利 非常高兴今天我们请到了业海飞机的董事副总经理曾总还有就是乔总监梁总还有就是曾晨布的两位同事来跟我们分享一下公司二四年一季度的一个业绩情况接下来要不我们曾总能不能先点药给我们提炼一下公司一季度的一点亮点给大家总结一下然后我们再进入一个问答环节可以吗曾总好的 我们昨天就公布了我们一期的业绩收入方面我们是有一个比较大的增长增长了接近两成去到64个亿然后在宣传利润方面就反而下跌了6.3%然后股东应战利润就跌了不多跌了非常小跌了0.9% 这个三个变化都有它的内容这个都不太一样我们一个一个讲首先收入方面的增加接近两成输了大概是10个多亿这个增长主要是我们粤海之地卖楼增加了粤海之地今年一季度就卖了17个亿卖房 就跟去年同期只有4个月增长了13个亿所以就是在收益方面的增加主要是从卖楼方面不过可能大家也看过了资金其实是亏损的它之前也出了一个盈利警告如果从它的经营利润来看了卖楼业 ...

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分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 （於香港註冊成立之有限公司） （股份代號：00270） 截至 2024 年 3 月 31 日止三個月 未經審核財務資料 粤海投資有限公司（「本公司」）董事會（「董事會」）謹宣佈本公司及其附屬公司（「本 集團」）截至 2024年 3月 31日止三個月（「本期間」）（連同比較數字）之未經審核財務 資料。 未 經審核財務摘要 截至 3月 31日止三個月 2024年 2023年 變動 (未經審核) (未經審核) 千港元 千港元 % 收 入 6,389,233 5,332,649 +19.8 投資物業公允值變動 (20,528) 311,008 ...

Financial Performance - Revenue for the year ended December 31, 2023, was HKD 24,199,894, representing a 4.3% increase from HKD 23,196,238 in 2022[6]. - Profit attributable to owners for the year decreased by 34.5% to HKD 3,122,069 from HKD 4,763,503 in 2022[6]. - Basic earnings per share for 2023 was HKD 0.4775, down 34.5% from HKD 0.7286 in 2022[6]. - EBITDA for 2023 was HKD 8,158,138, down 19.2% from HKD 10,092,429 in 2022[6]. - Consolidated profit before tax decreased by 36.4% to HKD 4.60 billion, down from HKD 7.24 billion in 2022, primarily due to a decline in property investment and development profits[25]. - The net profit attributable to the company's owners decreased by 34.5% to HKD 3.12 billion, compared to HKD 4.76 billion in 2022[25]. - The company's consolidated profit attributable to owners for 2023 was HKD 3.122 billion, a decrease of 34.5% compared to HKD 4.764 billion in 2022[20]. - The group’s consolidated revenue for the year ended December 31, 2023, was HKD 24.20 billion, an increase of 4.3% from HKD 23.20 billion in 2022[25]. Dividends - Proposed final dividend is HKD 0.1233 per share, a decrease from HKD 0.4262 per share in the previous year, resulting in a total dividend payout ratio of 65.01%[6][7]. - The company proposed a final dividend of HKD 0.1233 per share, totaling HKD 0.3104 for the year, down from HKD 0.6133 in 2022[21]. - The interim dividend per ordinary share was HKD 0.1871, consistent with the previous year[70]. Assets and Liabilities - Total assets increased by 4.8% to HKD 139,965,972 from HKD 133,514,620 in 2022[6]. - The total liabilities increased to HKD (81,936,347,000) in 2023 from HKD (75,005,303,000) in 2022, reflecting a rise of about 9.6%[73]. - The equity total as of December 31, 2023, was HKD 58,029,625,000, a slight decrease from HKD 58,509,317,000 in 2022, indicating a decline of approximately 0.8%[73]. - The group's cash and bank balances increased by HKD 3.656 billion to HKD 12.594 billion as of December 31, 2023, up from HKD 8.938 billion in 2022[49]. - Total financial borrowings increased by HKD 1.692 billion to HKD 42.428 billion as of December 31, 2023, compared to HKD 40.736 billion in 2022[49]. Operational Highlights - The annual water supply from the Dongshen Water Supply Project was 2.21 billion tons, generating revenue of HKD 6.38 billion, a decrease of 1.1% from HKD 6.46 billion in 2022[26]. - Revenue from water supply to Hong Kong increased by 1.4% to HKD 5.02 billion, while revenue from Shenzhen and Dongguan decreased by 9.4% to HKD 1.37 billion[27]. - The hotel management segment saw a significant increase in revenue due to the end of the pandemic, contributing HKD 648.78 million[23]. - The company plans to focus on high-value water services and steady property sales in 2024, aiming to leverage opportunities from the Guangdong-Hong Kong-Macao Greater Bay Area development[24]. Market Conditions - The overall economic recovery remains slow and uneven, with challenges such as geopolitical tensions and high borrowing costs impacting growth prospects[22]. - The company will continue to monitor foreign exchange risks and implement strategies to mitigate exposure[23]. Corporate Governance - The company emphasizes a performance-driven culture, promoting a meritocratic system where capable employees are rewarded, aiming to enhance market competitiveness and corporate value[58]. - The management team includes experienced professionals, such as the newly appointed chairwoman Bai Tao, who has extensive experience in manufacturing and real estate sectors[59][60]. - The board of directors includes experienced professionals with backgrounds in law, finance, and management, enhancing the company's governance[66][67]. - The company emphasizes the importance of independent directors in its governance structure, with several members having significant experience in public service and corporate governance[62]. Environmental and Social Responsibility - The company is committed to quality control and regular inspections of production sites to prevent product safety risks, while also being open to market supervision for timely improvements[58]. - The company has established environmental policies in response to China's 2060 carbon neutrality goal, emphasizing climate awareness and risk assessment[143]. - The Environmental, Social, and Governance (ESG) Committee was formed in 2018 to oversee and report on ESG management effectiveness and stakeholder impact[144]. Financial Reporting and Compliance - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards, ensuring compliance and transparency[185]. - The independent auditor confirmed that the consolidated financial statements reflect the company's financial position and performance fairly as of December 31, 2023[150]. - The group has adopted new and revised Hong Kong Financial Reporting Standards, including HKFRS 17 on insurance contracts, which had no significant impact on the financial statements[187]. Future Outlook - The company aims to strengthen its core businesses in water resource management, property investment, and infrastructure, while enhancing its competitive advantage[107]. - The company plans to expand into high-end water treatment membranes and integrated equipment, targeting high-value-added sectors[107].

Investment Rating - The report has downgraded the investment rating to "Hold" [4] Core Views - The company's net profit for 2023 was HKD 3.122 billion, a decrease of 34.5% year-on-year, with earnings per share at HKD 0.48. The total dividend for 2023 is HKD 0.31, resulting in a dividend payout ratio of 65%, which is below expectations [4] - The decline in profit is primarily attributed to a property impairment of HKD 1.81 billion, while the company's revenue for 2023 was HKD 24.2 billion, reflecting a year-on-year increase of 4.3% [4] - The water business remains stable, contributing approximately 85% to the pre-tax profit, with a pre-tax profit of HKD 5.706 billion for 2023, consistent with 2022 [4] - The company is facing pressure from the real estate sector, which may continue to suppress profits in the future [4] - The company has adopted a new dividend policy, reducing the dividend payout ratio from 84% in 2022 to 65% in 2023, indicating uncertainty in future dividends due to ongoing real estate pressures [4] Financial Data and Earnings Forecast - Revenue for 2023 was HKD 24.2 billion, with a year-on-year growth rate of 4% [5] - The net profit forecast for 2024 and 2025 has been adjusted to HKD 3.692 billion and HKD 3.737 billion, respectively, down from previous estimates of HKD 4.289 billion and HKD 4.455 billion [4][5] - The projected earnings per share for 2024, 2025, and 2026 are HKD 0.56, HKD 0.57, and HKD 0.54, respectively [5] - The price-to-earnings ratio for 2024, 2025, and 2026 is projected to be 6.2, 6.1, and 6.5 times, respectively [5]

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分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。 （於香港註冊成立之有限公司） （股份代號：00270） 2023年度業績公告 | 截至 12 月 31 日止年度財務摘要 | | | | | --- | --- | --- | --- | | | 2023 年 | 2022 年 | 變動 | | | 千港元 | 千港元 | % | | 收入 | 24,199,894 | 23,196,238 | +4.3% | | 發展中待售物業撇減 | (841,970) | - | | | 已竣工待售物業撇減 | (967,026) | - | | | 投資物業公允值變動 | 330,313 | 937,012 | | | 稅前利潤 | 4,604,055 | 7,243,538 | -36.4% | | 本年度溢利 | 2,813,855 | 5,524,193 | -49.1% | | 歸屬於本公司所有者的溢利 | 3,122,069 | 4,763,503 ...

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分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 （於香港註冊成立之有限公司） (股份代號: 00270) 截至 2023 年 9 月 30 日止九個月 未經審核財務資料 粤海投資有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公司 （「本集團」）截至 2023年 9月 30日止九個月（「本期間」）（連同比較數字）之未經審 核財務資料。 未 經審核財務摘要 截至 9月 30日止九個月 2023年 2022年 變動 (未經審核) (未經審核) 千港元 千港元 % 收入 16,435,341 17,783,874 -7.6 投資物業公允值變動 486,800 1,210,807 ...

股票代號 2023 中期報告 ...

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分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。 （於香港註冊成立之有限公司） （股份代號：00270） 截至2023年6月30日止六個月 中期業績公告 截至 6月 30日止六個月未經審核財務摘要 2023年 2022年 變動 千港元 千港元 % 收入 11,369,355 11,913,356 - 4.6 投資物業公允值變動 384,613 475,134 稅前利潤 3,942,351 4,417,082 -10.7 ...

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分內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 （於香港註冊成立之有限公司） （股份代號：00270） 截至 2023 年 3 月 31 日止三個月 未經審核財務資料 粤海投資有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公司 （「本集團」）截至 2023年 3月 31日止三個月（「本期間」）（連同比較數字）之未經審 核財務資料。 未 經審核財務摘要 截至 3月 31日止三個月 2023年 2022年 變動 (未經審核) (未經審核) 千港元 千港元 % 收 入 5,332,649 5,506,568 -3.2 投資物業公允值變動 311,008 265,250 ...

年 報 2022 目錄 | 公司資料 | 3 | | --- | --- | | 本集團之主要業務 | 4 | | 財務摘要 | 6 | | 主席報告 | 14 | | 管理層討論及分析 | 16 | | 董事及高層管理人員簡介 | 30 | | 董事報告 | 35 | | 企業管治報告 | 47 | | 獨立核數師報告 | 62 | | 綜合財務報表 | | | 綜合損益表 | 68 | | 綜合全面收入表 | 69 | | 綜合財務狀況表 | 70 | | 綜合權益變動表 | 72 | | 綜合現金流量表 | 74 | | 財務報表附註 | 76 | | 根據香港聯合交易所有限公司證券上市規則披露之交易 | 201 | | 本集團持有之主要物業 | 217 | 2 粵海投資有限公司 2022年年報 公司資料 於 2023 年 3 月 30 日 董事會 執行董事 侯外林先生 （主席） 林鐵軍先生 （副主席） 温引珩先生 （董事總經理） 曾翰南先生 （副總經理） 梁元娟女士 （財務總監） 非執行董事 蔡 勇先生 藍汝宁先生 馮慶春先生 獨立非執行董事 陳祖澤博士 金紫荊星章、太平紳士 馮華健先生 銀紫荊星章、 ...