SHIN HWA WORLD(00582)

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港股异动 | 神话世界(00582)复牌低开近18% 拟“10合1”后再“1供2” 预计筹资2.64亿港元
Zhi Tong Cai Jing· 2024-04-19 01:33
智通财经APP获悉,神话世界(00582)复牌低开近18%,截至发稿,跌17.95%,报0.032港元,成交额20.02万港元。 消息面上,神话世界公布,建议股本重组,将股份10合1,紧随进行一供二,发行最多10.14亿股;供股价0.26港元,较停牌前理论收市价折让33.33%。集资总额2.64亿港元,所得净额2.59亿港元,拟用于济州神话世界的保养、翻新及设施升级;发展度假区业务及博彩业务;利息开支;及一般营运资金。 值得注意的是,资料显示,神话世界大股东仰智慧2020年12月因涉嫌操纵证券市场被中证监立案调查,2023年6月卸任公司董事。 ...
神话世界(00582)拟以“10并1”基准进行股份合并 继续停牌
Zhi Tong Cai Jing· 2024-04-18 13:03
智通财经APP讯,神话世界(00582)发布公告,该公司拟进行股本重组,将涉及以下事项:股份合并,每10股公司已发行股本中每股0.01港元的现有股份将合并为1股每股0.10港元的合并股份;股本削减,公司的已发行股本将予削减,方法为透过注销于股份合并后公司已发行股本中合并股份总数中任何零碎合并股份,将公司已发行股本中合并股份总数向下凑整至最接近整数;及届时的每股已发行合并股份注销0.09港元公司实缴股本,致使每股已发行合并股份的面值由0.10港元削减至0.01港元。 于本公告日期,现有股份于联交所的每手买卖单位为1200股现有股份。董事会建议,于股本重组生效后,将于联交所的每手买卖单位由1200股现有股份更改为6000股经调整股份。 待股本重组及更改每手买卖单位生效后,按于记录日期每持有1股经调整股份获发1股供股股份的基准,以认购价每股供股股份0.26港元进行供股,以透过发行最多10.14亿股供股股份(假设自本公告日期起至记录日期(包括该日)已发行股份总数并无变动(因股本重组而导致者除外))筹集最多约2.64亿港元(扣除开支前)。 供股的估计所得款项净额将约为2.59亿港元(假设自本公告日期起至记录日期(包括该 ...
神话世界(00582) - 2023 - 年度业绩
2024-03-27 12:51
Financial Performance - Total revenue for the year ended December 31, 2023, was HKD 1,036,268,000, a decrease of 25.2% compared to HKD 1,386,800,000 in 2022[4] - The company reported a loss before tax of HKD 522,748,000, compared to a loss of HKD 235,049,000 in the previous year, representing a 122.4% increase in losses[4] - Basic and diluted loss per share for the year was HKD 12.36, compared to HKD 5.13 in 2022, indicating a significant increase in per-share losses[4] - Total comprehensive loss for the year was HKD 711,662,000, compared to HKD 692,952,000 in 2022, reflecting a slight increase in overall losses[6] - The segment performance showed a total loss before tax of HKD 522,748,000 for 2023, compared to a loss of HKD 235,049,000 in 2022, indicating a worsening performance[18] - The net loss attributable to the company's owners for the year was approximately HKD 522,439,000, compared to a loss of HKD 216,911,000 in 2022, with a basic and diluted loss per share of HKD 0.1236[54] Assets and Liabilities - Non-current assets decreased to HKD 8,358,982,000 from HKD 8,739,920,000 in 2022, a decline of 4.4%[8] - Current assets also decreased to HKD 842,086,000 from HKD 1,316,102,000, representing a 36.0% decline[8] - Total liabilities decreased from HKD 1,938,639,000 in 2022 to HKD 1,795,347,000 in 2023, a reduction of 7.4%[9] - The company's net asset value decreased to HKD 7,405,721,000 from HKD 8,117,383,000, a decline of 8.8%[9] - The total assets as of December 31, 2023, amounted to HKD 9,201,068,000, down from HKD 10,056,022,000 in 2022, reflecting a decrease of about 8.5%[19] - The total liabilities increased to HKD 1,795,347,000 in 2023 from HKD 1,938,639,000 in 2022, showing a reduction of approximately 7.4%[22] - As of December 31, 2023, the total liabilities of the group were approximately HKD 1,795,347,000, a decrease from HKD 1,938,639,000 in 2022, resulting in a debt-to-asset ratio of 19.5% compared to 19.3% in 2022[70] Revenue Breakdown - Non-gaming revenue for the year was approximately HKD 989,503,000, down from HKD 1,340,673,000 in the previous year, while gaming revenue was approximately HKD 46,765,000, slightly up from HKD 46,127,000[54] - The integrated resort development segment generated revenue of approximately HKD 777,558,000 for the year, a decrease of about 17.8% compared to HKD 946,200,000 in the previous year[61] - The gaming business recorded a net revenue of approximately HKD 46,765,000, slightly up from HKD 46,127,000 in the previous year, but incurred a segment loss of approximately HKD 258,417,000, compared to HKD 173,965,000 in the previous year[63] - Sales from residential properties and property management amounted to approximately HKD 201,969,000 and HKD 9,976,000 respectively, down from HKD 386,143,000 and HKD 8,330,000 in the previous year[64] Expenses and Costs - The company reported a net financial cost of HKD 102,886,000 for 2023, compared to HKD 98,570,000 in 2022, indicating an increase in financial expenses[18] - Employee benefits expenses increased to HKD 535,150,000 in 2023, up 14.1% from HKD 469,015,000 in 2022[29] - The total depreciation and amortization for the segments amounted to HKD 293,788,000 in 2023, compared to HKD 488,809,000 in 2022, showing a significant reduction[19] - Depreciation and amortization expenses decreased significantly to HKD 295,192,000 in 2023 from HKD 490,330,000 in 2022, a reduction of 39.8%[29] Cash Flow and Liquidity - Cash and cash equivalents decreased to HKD 266,043,000 in 2023 from HKD 503,421,000 in 2022, a decline of 47.3%[44] - As of December 31, 2023, the group's cash and bank balances were approximately HKD 266,043,000, down from HKD 503,421,000 in the previous year[69] - The current ratio decreased to 2.69 from 3.69 in the previous year, primarily due to cash and cash equivalents reduction used for operating activities and partial repayment of bank borrowings[68] Future Plans and Developments - The group plans to continue gradual maintenance, renovation, and facility upgrades at Jeju Shinhwa World, including the launch of a new premium cinema equipped with advanced sound systems[66] - The group will focus on the feasibility of further residential development in Jeju Shinhwa World to optimize land use and expand revenue sources[66] - The board believes that the reopening of borders will drive the recovery of the tourism industry, despite current pressures on room rates and occupancy[65] - The group will maintain a cautious approach to capital commitments and will act prudently in future development and investment plans to ensure robust liquidity[65] Shareholder Information - The group did not recommend a final dividend for the year ended December 31, 2023, consistent with 2022[35] - The group reported a loss per share of HKD 0.00 for both 2023 and 2022, with no potential diluted shares outstanding[36][37] - The group plans to issue 845,250,000 new ordinary shares at a subscription price of HKD 0.034 per share, which will represent approximately 16.67% of the enlarged issued share capital post-issue[51] Regulatory and Compliance - The company adopted new and revised Hong Kong Financial Reporting Standards during the year, which did not have a significant financial impact on the financial statements[15] - The audit committee consists of three independent non-executive directors, with no disagreements reported between the board and the audit committee for the year[95] - The annual report will be published in accordance with listing rules and will be sent to shareholders at an appropriate time[97]
神话世界(00582) - 2023 - 中期财报
2023-09-19 08:36
Financial Performance - Revenue for the six months ended June 30, 2023, was HK$418,094,000, a decrease of 39.4% compared to HK$691,554,000 in the same period of 2022 [23]. - Loss before tax for the period was HK$317,513,000, compared to a loss of HK$82,265,000 in the prior year, representing a significant increase in losses [23]. - Loss attributable to owners of the parent for the period was HK$338,939,000, up from HK$105,358,000 in the previous year, indicating a 221.5% increase in losses [23]. - Basic and diluted loss per share attributable to owners of the parent was HK8.02 cents, compared to HK2.49 cents in the same period last year [23]. - Total comprehensive loss for the period attributable to owners of the parent was HK$629,363,000, compared to HK$739,404,000 in the same period last year, showing a decrease of 14.9% [25]. - The company reported a loss for the period of HK$338,939,000, contributing to a total comprehensive loss of HK$629,363,000 for the period [33]. - The accumulated losses increased to HK$8,872,430,000 as of June 30, 2023, compared to HK$8,228,341,000 at the beginning of the year [33]. - The total tax charge for the period was HK$21,426,000, a slight decrease from HK$23,093,000 in the previous year [99]. Cash and Liquidity - The Group's cash incident is under investigation, with restricted cash of KRW 10,150,000,000 (approximately HK$ 60,325,000) and additional cash of KRW 3,250,000,000 (approximately HK$ 19,316,000) seized by the Jeju Police, totaling KRW 13,400,000,000 (approximately HK$ 79,641,000) [18]. - Cash and cash equivalents at the end of the period were HK$ 313,885,000, down from HK$ 513,984,000 at the end of June 2022, reflecting a net decrease of HK$ 180,178,000 [39]. - The company reported a net cash flow decrease of HK$ 180,178,000 in cash and cash equivalents, reflecting operational challenges [39]. - The Group's cash and bank balances as of June 30, 2023, were approximately HK$313,885,000, down from approximately HK$503,421,000 as of December 31, 2022 [195]. - The current ratio decreased to 2.7 as of June 30, 2023, compared to 3.69 as of December 31, 2022, primarily due to a decrease in cash and cash equivalents [194]. Assets and Liabilities - Total non-current assets decreased to HK$8,295,228,000 as of June 30, 2023, from HK$8,739,920,000 at the end of 2022, reflecting a decline of 5.1% [30]. - Current assets decreased to HK$1,108,671,000 as of June 30, 2023, down from HK$1,316,102,000 at the end of 2022, a reduction of 15.8% [30]. - Net current assets were HK$697,417,000, down from HK$959,703,000 at the end of 2022, indicating a decrease of 27.3% [30]. - Non-current liabilities decreased to HK$1,504,625,000 as of June 30, 2023, from HK$1,582,240,000 at the end of 2022, a decline of 4.9% [30]. - The Group's total liabilities were approximately HK$1,915,879,000 as of June 30, 2023, a slight decrease from approximately HK$1,938,639,000 as of December 31, 2022 [196]. - The gearing ratio increased to 20.4% as of June 30, 2023, compared to 19.3% as of December 31, 2022 [196]. Operational Insights - The management discussion and analysis section provides insights into the Group's performance and future outlook [8]. - The Group continues to monitor the situation closely, with updates provided as investigations progress [18]. - The financial results reflect the Group's ongoing commitment to maintaining robust financial practices amid challenges [8]. - The decline in revenue was attributed to intense competition, a decrease in residential property sales, increased operating expenses due to inflation, and the absence of a prior period reversal of impairment [158]. - The Group is engaged in the development and operation of integrated leisure and entertainment resorts, gaming, and property development, indicating a diversified business model [42]. Segment Performance - For the six months ended June 30, 2023, total segment revenue was HK$418,094,000, a decrease of 39.5% compared to HK$691,554,000 for the same period in 2022 [78][84]. - The Integrated Resort Development segment generated revenue of HK$347,838,000, while the Gaming Business and Property Development segments contributed HK$23,804,000 and HK$46,452,000, respectively [78]. - The Property Development segment reported a profit of HK$16,153,000, contrasting with losses in the other segments, which indicates potential growth in this area [78]. - Non-gaming revenue for the Period was approximately HK$394,290,000, down from approximately HK$658,918,000 in 2022, while gaming revenue decreased to approximately HK$23,804,000 from approximately HK$32,636,000 [157]. Future Outlook - The Group plans to reformulate its marketing strategy to seize opportunities from the rebound of tourism following the easing of travel restrictions in early 2023 [187]. - Rising interest rates and inflation are expected to challenge the Group's operations, leading to cautious capital commitments and prudent future development plans [189]. - The Group is exploring further residential development in Jeju Shinhwa World to better utilize land and broaden income streams [190]. - The Group will continue to evaluate its funding needs and explore fundraising opportunities as they arise [190].
神话世界(00582) - 2023 - 中期业绩
2023-08-29 10:53
香港交易及結算所有限公司以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 內容而引致之任何損失承擔任何責任。 Shin Hwa World Limited 神 話 世 界 有 限 公 司 (於開曼群島註冊成立及於百慕達存續之有限公司) (股份代號:00582) 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 中 期 業 績 公 告 神話世界有限公司(「本公司」)之董事(「董事」)會(「董事會」)謹此提呈本公司及其附 屬公司(統稱「本集團」)截至二零二三年六月三十日止六個月(「本期間」)之未經審核 中期業績,連同二零二二年同期之比較數字。本公司之審核委員會(「審核委員會」) 已與本公司管理層審閱及討論本集團本期間之未經審核中期財務資料。 ...
神话世界(00582) - 2022 - 年度财报
2023-04-25 08:55
Financial Performance - The company reported a significant increase in revenue, achieving a total of $500 million for the fiscal year, representing a 20% growth compared to the previous year[1]. - The company reported a net profit margin of 12%, up from 10% in the previous year, indicating improved operational efficiency[1]. - Cash flow from operations increased by 18%, totaling $80 million, providing a strong liquidity position for future investments[1]. - The Group's consolidated revenue was approximately HK$1,386,800,000, representing a slight increase of approximately 2.7% compared to HK$1,349,996,000 in 2021[37]. - Non-gaming revenue for the year was approximately HK$1,340,673,000, an increase from approximately HK$1,261,392,000 in 2021, while gaming revenue decreased to approximately HK$46,127,000 from HK$88,604,000 in 2021[37]. - The loss attributable to the owners of the parent decreased substantially to approximately HK$216,911,000, down from approximately HK$1,055,766,000 in 2021, marking a reduction of approximately 79.5%[43]. - The basic and diluted loss per share attributable to owners of the parent was HK5.13 cents, compared to HK26.84 cents in 2021[43]. - The Group's total liabilities decreased to approximately HK$1,938,639,000 as of December 31, 2022, down from HK$2,699,637,000 in 2021[92]. - The gearing ratio improved to 19.3% as of December 31, 2022, compared to 23.5% in 2021, indicating a stronger capital structure[92]. Market Expansion and Strategy - The company provided an optimistic outlook for the next fiscal year, projecting a revenue growth of 25%[1]. - New product launches are expected to contribute an additional $100 million in revenue, with a focus on innovative technology solutions[1]. - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[1]. - The Company is exploring potential acquisitions to enhance its market position and diversify its offerings[33]. - Market expansion efforts include entering D new regions, which are anticipated to drive further growth[33]. - The Group plans to re-evaluate its strategic plans in response to the easing of travel restrictions in early 2023, while acknowledging ongoing challenges[66]. - The Group is exploring opportunities for developing an integrated resort in the Philippines, with an extension granted by PAGCOR to fulfill documentary requirements[67]. Operational Developments - A strategic acquisition of a local competitor was completed, valued at $50 million, aimed at enhancing operational capabilities[1]. - The Company has invested $10 million in research and development for new technologies to improve service delivery[1]. - The Company is investing in new technology development, with a budget allocation of $C million aimed at improving operational efficiency[33]. - The construction plan for a new hotel in Jeju Shinhwa World has been suspended, with a strategic shift towards property development[72]. - A new residential development in zone R of Jeju Shinhwa World is expected to commence construction in 2023 and be completed in 2024, potentially broadening the Group's income stream[72]. Governance and Management - The Board does not recommend the payment of a final dividend for the year, consistent with the previous year where no dividend was declared[142]. - The Company has established mechanisms for independent views to be available to the Board, including the appointment of independent non-executive directors to board committees[160]. - The Nomination Committee assesses the independence of independent non-executive directors annually to ensure they can exercise independent judgment[160]. - The Company adheres to the corporate governance code and has adopted all principles outlined in the Listing Rules[152]. - The Audit Committee consists of three independent non-executive Directors, with responsibilities including reviewing the Group's financial statements and monitoring the external auditor's performance[188]. - The Company has adopted a board diversity policy, considering factors such as gender, age, and professional experience in director appointments[173]. - The Nomination Committee is responsible for nominating suitable candidates for the Board, ensuring a balance of skills and diversity[180]. Risks and Challenges - Rising interest rates and geopolitical tensions are expected to impact economic activity, prompting the Group to maintain a cautious approach to capital commitments[68]. - The tourism industry in South Korea is influenced by global economic conditions, which could adversely affect Jeju Shinhwa World's operations and profitability[77]. - Rising labor costs and potential labor shortages may increase staff costs and negatively impact the Group's profitability[77]. - Project cost overruns and delays due to unforeseen factors could lead to additional project costs for the Group[82]. - The outbreak of infectious diseases may severely impact visitation to the Group's attractions, affecting operational performance[82]. - Changes in government regulations and policies in property development could significantly affect the Group's development plans and budgets[88]. - Environmental risks and liabilities could result in substantial costs for the Group due to health and environmental protection laws[88]. - Volatile real estate prices, influenced by various economic factors, could affect the Group's turnover and operations[88]. Employee and Community Engagement - As of December 31, 2022, the Group had approximately 1,418 employees, an increase from 1,364 in 2021, with total staff costs amounting to approximately HK$469,015,000, down from HK$540,537,000 in 2021, reflecting a reduction of about 13.2%[129]. - The Company aims to promote potential female staff to senior management or directorship positions[174]. - As of the report date, 2 out of 8 Directors are female, with a target to maintain this level of female representation and ultimately achieve gender parity[174].
神话世界(00582) - 2022 - 年度业绩
2023-03-30 11:36
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。 Shin Hwa World Limited 神 話 世 界 有 限 公 司 (前稱Landing International Development Limited藍鼎國際發展有限公司) (於開曼群島註冊成立及於百慕達存續之有限公司) (股份代號:00582) 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 全 年 業 績 公 告 神話世界有限公司(「本公司」)董事(「董事」)會(「董事會」)特此宣佈本公司及其附屬 公司(統稱「本集團」)截至二零二二年十二月三十一日止年度之綜合業績。 ...
神话世界(00582) - 2020 - 中期财报
2020-09-21 08:31
LANDING INTERNATIONAL DEVELOPMENT LIMITED 藍 鼎 國 際 發 展 有 限 公 司 (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) (於開曼群島註冊成立及於百慕建存續之有限公司) Stock Code 股份代號:582 INTERIM REPORT 2020 中期報告 CONTENTS 目錄 � 2 Corporate Information 公司資料 - � � -� 4 Unaudited Interim Results of the Group 本集團之未經審核中期業績 � -1 5 Report on Review of Interim Financial Information 中期財務資料的審閱報告 � -� 7 Condensed Consolidated Statement of Profit or Loss 簡明綜合損益表 � -0 8 Condensed Consolidated Statement of Comprehensiv ...
神话世界(00582) - 2019 - 中期财报
2019-09-25 08:44
be LANDING INTERNATIONAL DEVELOPMENT LIMITED 藍 鼎 國 際 發 展 有 限 公 司 (Incorporated in the Cayman Islands and continued in Bermuda with limited liability) (於開曼群島註冊成立及於百慕達存續之有限公司) Stock Code 股份代號:582 INTERIM REPORT 2019 中 期 報 告 \\\\\\ Sunshine Enterprise, Centurial Landing 陽 光 企 業 ,百 年 藍 鼎 CONTENTS 目 錄 4 Corporate Information 公 司 資 料 6 Unaudited Interim Results of the Group 本集團之未經審核 中 期 業 績 7 Report on Review of Interim Financial Information 中 期 財 務 資 料 的 審 閱 報 告 9 Condensed Consolidated Statement of Profit or Lo ...