Financial Performance - Revenue for the first half of 2021 was RMB 115.951 million, a decrease of 63.6% compared to RMB 317.894 million in the same period of 2020[7] - The company reported a loss attributable to owners of RMB 215.721 million for the first half of 2021, compared to a profit of RMB 21.785 million in the same period of 2020[7] - The group reported a loss attributable to owners of RMB 215.7 million for the six months ended June 30, 2021, compared to a profit of RMB 21.8 million for the same period in 2020[22] - The company reported a net loss of RMB 215,739 thousand for the six months ended June 30, 2021, compared to a profit of RMB 21,782 thousand for the same period in 2020[58] - The company reported a total comprehensive loss of RMB 215.355 million, compared to a total comprehensive income of RMB 20.504 million for the same period in 2020[63] - The company reported a loss of RMB 215.721 million during the period, compared to a profit of RMB 21.785 million in the same period of 2020[63] - The company’s total equity as of June 30, 2021, was RMB 1,902.921 million, a decrease from RMB 2,217.613 million as of June 30, 2020[63] - The company reported a total operating loss of RMB 180,335 thousand for the six months ended June 30, 2021, compared to an operating profit of RMB 116,950 thousand in the same period of 2020[96] Assets and Liabilities - Total assets as of June 30, 2021, were RMB 4,032.067 million, down from RMB 4,248.525 million as of December 31, 2020[8] - Total liabilities as of June 30, 2021, were RMB 2,129.146 million, slightly decreased from RMB 2,129.709 million as of December 31, 2020[8] - The group's net asset value decreased by 10.2% to RMB 1,902.9 million as of June 30, 2021, from RMB 2,118.8 million as of December 31, 2020[49] - The company's total liabilities exceeded its total assets by RMB 79 million, indicating a potential liquidity issue[71] - The group's total borrowings as of June 30, 2021, were RMB 401.5 million, compared to RMB 372.0 million as of December 31, 2020[48] - The company's cash and cash equivalents decreased to RMB 78,168 thousand from RMB 106,784 thousand year-over-year[61] - As of June 30, 2021, the total financial liabilities include borrowings of RMB 401,520 thousand and lease liabilities of RMB 1,056,504 thousand[83] Revenue Sources - The department store business contributed RMB 116.0 million in revenue, while the real estate business had no revenue contribution during the same period[22] - The company did not generate any revenue from real estate development consulting services in the first half of 2021 due to the termination of two agreements[15] - The company has ceased providing real estate development consulting services as of December 30, 2020, which previously contributed significant revenue[101] - Rental income for the department store business was RMB 107.983 million, an increase of 5.4% from RMB 102.362 million in the same period of 2020[25] - Direct sales decreased by 31.7% to RMB 6.913 million from RMB 10.121 million in the same period of 2020[25] Operational Strategy - The company plans to focus on retail business development and enhance online sales channels to maintain market competitiveness[14] - The group plans to continue upgrading and transforming traditional department store operations to enhance customer shopping experiences and drive business growth[19] - The group aims to deepen digital transformation by expanding online ordering and optimizing home delivery services[20] - The group will focus on core retail business development while potentially reducing real estate projects due to market uncertainties caused by COVID-19[20] - The group intends to enhance service quality and seek strategic partnerships to create synergies and improve business performance[19] Financial Risks and Management - The group faces various financial risks, including market risk, credit risk, and liquidity risk, with a focus on minimizing potential adverse impacts on financial performance[80] - The group’s financial risk management procedures are concentrated on the unpredictability of financial markets[80] - The group maintains sufficient cash and cash equivalents to manage liquidity risk, derived from operating and financing cash flows[82] Employee and Management Information - Employee benefit expenses for the six months ended June 30, 2021, were RMB 32.0 million, a decrease of 9.9% from RMB 35.5 million in the same period of 2020[31] - The total remuneration for key management personnel was RMB 19,894,000, a decrease of 6.44% from RMB 21,267,000 in the same period of 2020[161] - The company reported no employee share-based compensation expenses for the six months ended June 30, 2021, compared to RMB 24,000 for the same period in 2020[144] Corporate Governance - The company has complied with the corporate governance code principles and applicable provisions during the six months ended June 30, 2021, with a temporary deviation from the code regarding the separation of roles between the chairman and CEO[163] - The audit committee, consisting of three independent non-executive directors, reviewed the company's financial reporting process and internal control effectiveness during the six months ended June 30, 2021[166] - The company’s interim results for the six months ended June 30, 2021, were reviewed by the audit committee but not audited by external auditors[167] Shareholder Information - As of June 30, 2021, the major shareholder, Shirble BVI, holds 1,374,167,500 shares, representing 55.08% of the company's issued share capital[170] - Huang Xuerong holds a beneficial interest in 8,324,000 shares, representing 0.33% of the company, and has control over 1,374,167,500 shares through Shirble BVI[170] Miscellaneous - The company’s shares are listed under the stock code 00312.HK on the Hong Kong Stock Exchange[182] - The company’s headquarters is located in Shenzhen, China, specifically in Futian District, at Building 412, Bagua Fourth Road, 7th Floor, Sentou Zhigu[182] - The company’s registered office is located in Grand Cayman, Cayman Islands[182]

Financial Performance - Total revenue for 2020 was RMB 481.1 million, a decrease of 39.5% from RMB 794.6 million in 2019[15] - Operating profit for 2020 was RMB 28.1 million, down 91.6% from RMB 333.2 million in 2019[15] - The company reported a net loss attributable to shareholders of RMB 75.1 million for 2020, compared to a profit of RMB 136.8 million in 2019[15] - The group's revenue for the year ended December 31, 2020, was RMB 481.1 million, a decrease from RMB 794.6 million in 2019, primarily due to the impact of COVID-19 on physical retail operations and consulting fees in the Chinese property market[29] - The group reported a loss attributable to owners of RMB 75.1 million for 2020, compared to a profit of RMB 136.8 million in 2019[42] Revenue Breakdown - The department store segment generated revenue of RMB 254.2 million in 2020, down from RMB 300.7 million in 2019[17] - Real estate segment revenue was RMB 226.9 million in 2020, a decrease from RMB 493.8 million in 2019[17] - The department store business contributed RMB 254.2 million to revenue, accounting for 52.8% of total revenue, down from RMB 300.7 million in 2019[42] - The real estate business contributed RMB 226.9 million to revenue, accounting for 47.2% of total revenue, down from RMB 493.8 million in 2019[42] Assets and Liabilities - Total assets as of December 31, 2020, were RMB 4.25 billion, a slight decrease from RMB 4.38 billion in 2019[16] - Total liabilities were RMB 2.13 billion in 2020, compared to RMB 2.14 billion in 2019, indicating a stable debt level[16] - Cash and cash equivalents increased by 60.9% to RMB 139.2 million as of December 31, 2020, compared to RMB 86.5 million in 2019[73] - Net current assets decreased by 97.8% to RMB 9.8 million in 2020 from RMB 442.6 million in 2019[75] Operational Changes - The company is strategically expanding its online channels and collaborating with Hema to enhance competitiveness[11] - The group plans to continue focusing on retail business and enhancing online sales channels to maintain competitiveness in the Chinese market[28] - The group's operating model for department stores has evolved to meet the demand for quality food and products, including the transformation of traditional stores into "Hema Fresh" locations[30] Impact of COVID-19 - The group anticipates challenges from COVID-19 and international relations but remains confident in overall business trends and will adopt a cautious business strategy[37] - Real estate segment revenue decreased by 54.1% from RMB 493.8 million in 2019 to RMB 226.9 million in 2020 due to project completion delays caused by COVID-19[63] - The fair value loss on investment properties increased to RMB 149.1 million from RMB 21.3 million in 2019, primarily due to the COVID-19 pandemic[50] Employee and Director Compensation - Employee benefit expenses decreased by 21.1% to RMB 62.2 million, attributed to workforce reduction due to changes in the business model[52] - Employee benefits expenses increased by 7.6% from RMB 60.3 million in 2019 to RMB 64.9 million in 2020[66] - The remuneration committee held two meetings to discuss the remuneration of directors and senior management, with adjustments made for executive directors and independent non-executive directors[162] Shareholder Information - No final dividend was proposed for the year ended December 31, 2020, due to incurred losses, contrasting with a dividend of RMB 35.6 million in 2019[72] - The company approved an interim dividend of HKD 0.0029 per share, amounting to HKD 7,235,500, which was paid in October 2020[94] - The company has adopted a dividend policy, with the board considering various factors such as actual and expected financial performance, working capital needs, and market conditions before declaring dividends[181] Governance and Compliance - The board of directors consists of two executive directors, one non-executive director, and three independent non-executive directors, ensuring a balanced structure[155] - The independent auditor for the consolidated financial statements is PricewaterhouseCoopers, who will retire at the upcoming annual general meeting[152] - The company has confirmed compliance with a non-competition agreement by its controlling shareholders and executive directors as of December 31, 2020[131] Audit and Internal Controls - The internal audit department reported its findings to the audit committee twice during the year, leading to improvements in the company's internal control systems[171] - The audit focused on the impairment of operating lease receivables due to the large balance and key accounting estimates involved[195] - The accuracy of fair value calculations for investment properties was verified as part of the audit procedures[193] Market and Customer Insights - Online retail sales in China grew by 10.9% in 2020 compared to 2019, reflecting a shift in consumer behavior due to the pandemic[27] - The total revenue percentage from the largest customer is 41.2%, while the combined revenue from the top five customers accounts for 60.0%[143]

Shirble Department Store Holdings (China) Limited 歲寶百貨控股（中國）有限公司 (於開曼群島註冊成立的有限公司) 股份代號:312 中 期 報 告 2020 永遠懷念楊祥波先生 今年，是我們難以忘懷、難以抹掉的一年，是我們集團創始人楊祥波 先生離開我們的一年。 楊祥波先生於今年六月不幸辭世，我們集團上下及各親屬友好都扼腕 長嘆，傷心不已。 無論是商場同儕，還是社會各界朋友，與楊祥波先生相處過、共事過 的人無一不對他尊敬欣賞。 楊祥波先生出身於平民家庭，小時候便抱有遠大的志氣，就算遇上困 難亦無礙他對理想的追求。正因如此，楊先生從小便培養出堅毅不屈 的精神，在他二十出頭便來到深圳，開始了貿易業務，白手興家，打 拼短短十多年，就逐步走向商業集團道路。九十年代初期，楊祥波先 生開始投資金融業，是當時招商銀行的董事和民生銀行的董事，是中 國改革開放後第一批參與創建銀行的民營企業家。與此同時，他合資 成立了哈爾濱哈投投資股份有限公司（前稱哈爾濱歲寶熱電股份有限公 司），並於1994年在上海證券交易所成功上市。他還在改革開放的南 粵大地拉起了新型百貨的大旗，憑藉其獨有的市 ...

发生了了 Shirble Department Store Holdings (China) Limited 歲寶百貨控股(中國)有限公司 (於開曼群島註冊成立的有限公司) 股份代號：312 年 報 2019 O I shirthle 在线 目錄 2 公司簡介 3 財務摘要 5 主席報告 9 管理層討論及分析 18 董事及高級管理人員 21 董事會報告 32 企業管治報告 38 獨立核數師報告 43 綜合收益表 44 綜合全面收益表 綜合資產負債表 45 綜合權益變動表 47 49 綜合現金流量表 綜合財務報表附註 50 133 公司資料 公司簡介 歲寶百貨控股（中國）有限公司（「本公司」）於2008年11月5日在開曼群島註冊成立為有限公司。本公司及其附屬公司（合 稱「本集團」）主要於中華人民共和國（「中國」）經營百貨店業務。 本集團為深圳歷史悠久的百貨連鎖企業之一，專攻中檔市場階層，並於「 」及「歲寶廣場」品牌旗下運營其百貨 店。於2019年12月31日，本集團擁有及╱或經營17家百貨店，其中12家位於深圳、三家位於汕尾、一家位於梅州市及 一家位於長沙，總建築面積（「建築面積」）約為311,489.8平方米 ...

Shirble Department Store Holdings (China) Limited 歲寶百貨控股（中國）有限公司 （於閱曼群島註冊成立的有限公司） 股份代號:312 中期報告 2019 Shirble · SHIRBLE PLAZA · 目 錄 | --- | --- | |-------|--------------------------| | | | | 2 | 公司簡介 | | 4 | 財務摘要 | | 6 | 主席報告 | | 11 | 管理層討論及分析 | | 22 | 中期綜合收益表 | | 23 | 中期綜合全面收益表 | | 24 | 中期綜合資產負債表 | | 26 | 中期綜合權益變動表 | | 28 | 中期綜合現金流量表 | | 30 | 中期簡明綜合財務資料附註 | | 70 | 其他資料 | | 77 | 公司資料 | 歲寶百貨控股（中國）有限公司 | 二零一九年中期報告 2 公司簡介 歲寶百貨控股（中國）有限公司（「本公司」）於2008年11月5日在開曼群島註冊成立為 有限公司。本公司及其附屬公司（合稱「本集團」）主要於中華人民共和國（「中國」）經 營百貨店業務 ...

Shirble Department Store Holdings (China) Limited 歲寶百貨控股（中國）有限公司 ( 於開曼群島註冊成立的有限公司) 股份代號：312 年報 2018 real 00 00 00 曾客 # # # 01 11 11 11 目錄 公司簡介 2 財務摘要 3 主席報告 5 管理層討論及分析 9 董事及高級管理人員 15 董事會報告 18 企業管治報告 28 獨立核數師報告 34 綜合收益表 40 綜合全面收益表 41 綜合資產負債表 42 綜合權益變動表 44 綜合現金流量表 46 綜合財務報表附註 47 公司資料 117 公司簡介 歲寶百貨控股（中國）有限公司（「本公司」）於2008年11月5日在開曼群島註冊成立為有限公司。本公司及其附屬公司（合 稱「本集團」）主要於中華人民共和國（「中國」）經營百貨店業務。 本集團為深圳歷史悠久的百貨連鎖企業之一，專攻中檔市場階層，並於「 」品牌旗下及「歲寶廣場」概念店運 作。於2018年12月31日，本集團擁有及經營18家百貨店，其中13家位於深圳、三家位於汕尾（廣東省東部沿海城市）、 一家位於梅州市（廣東省）及一家位於長沙（ ...