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24.59倍，行业中值-0.13倍。梧桐国际市盈 率-5.6倍，行业排名第119位；其他东方汇财证券（08001.HK）为1.93倍、招商局中国基金 （00133.HK）为2.28倍、国银金租（01606.HK）为3.35倍、香港信贷（01273.HK）为3.4倍、中关村科 技租赁（01601.HK）为3.69倍。 资料显示，梧桐国际发展有限公司,历史简介:本公司于一九九三年十一月在香港联合交易所(「联交 所」)主板上市。于二零一九年六月十二日,本公司举行周年股东大会并通过决议案,批准更改本公司之英 文名称「Yugang International Limited」改为「Planetree International Development Limited」,并采纳中文 名称「梧桐国际发展有限公司」作为公司第二名称。公司的使命:公司致力提高集团投资组合的价值,并 以「进取不忘稳健」为宗旨,以谨慎态度拓展公司业务,从而寻求长远而稳定的增长及业务发展机会。公 司的策略:本集团之企业策略乃专注于发展金融服务业务以提 ...

最近一个月来，梧桐国际累计涨幅56.98%，今年来累计涨幅12.03%，跑赢恒生指数9.71%的涨幅。 财务数据显示，截至2024年12月31日，梧桐国际实现营业总收入7585.75万元，同比减少27.76%；归母 净利润-1.83亿元，同比减少41.06%；资产负债率14.44%。 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20.02倍，行业中值-0.08倍。梧桐国际市盈 率-1.29倍，行业排名第149位；其他高裕金融（08221.HK）为0.55倍、东方汇财证券（08001.HK）为 1.93倍、招商局中国基金（00133.HK）为2.17倍、香港信贷（01273.HK）为3倍、国银金租 （01606.HK）为3.09倍。 4月30日，截至港股收盘，恒生指数上涨0.51%，报22119.41点。梧桐国际（00613.HK）收报0.33港元/ 股，上涨22.22%，成交量48.2万股，成交额14.34万港元，振幅29.63%。 资料显示，梧桐国际发展有限公司,历史简介:本公司于一九九三年十一月在香港联合交易所(「联交 所」)主板上市。于二零一九年 ...

Financial Performance - Total revenue for the year was approximately HKD 81,900,000, a decrease of about HKD 74,000,000 or 47.3% compared to the previous year[8] - The group recorded a consolidated loss of approximately HKD 212,700,000, compared to a loss of HKD 176,500,000 in the previous year[8] - Basic and diluted loss per share was HKD 0.2091, compared to HKD 0.1482 in the previous year[9] - Segment revenue decreased by 18.9% to approximately HKD 53,100,000 from HKD 65,500,000 in the previous year[12] - Other comprehensive expenses for the year were approximately HKD 97,500,000, compared to other comprehensive income of HKD 13,400,000 in the previous year[9] - The group's total revenue for the year was approximately HKD 81,900,000, a decrease of about HKD 31,500,000 or 27.8% compared to the previous year[20] - Asset management service revenue fell to approximately HKD 1,800,000 from HKD 3,700,000 in the previous year, reflecting a significant decline due to poor stock market performance[13] - Margin loan interest income decreased to approximately HKD 45,500,000 from HKD 53,200,000, primarily due to a drop in margin loan rates from 8% to 2% in the second half of the year[13] - The credit and lending services segment revenue plummeted from approximately HKD 73,000,000 to about HKD 3,200,000, largely due to a one-time debt recovery income of HKD 42,000,000 in the previous year[15] - The property investment and leasing segment reported revenue of approximately HKD 10,500,000, down from HKD 12,000,000, with a significant loss of HKD 103,900,000 attributed to a decline in the local real estate market[16] - Tactical and strategic investments recorded a segment loss of approximately HKD 86,800,000, an improvement from a loss of HKD 232,200,000 in the previous year[17] - The group's total comprehensive expenses for the year amounted to approximately HKD 310.2 million, up from approximately HKD 163.1 million in 2023[21] Future Outlook - The group anticipates a challenging fiscal year 2025 due to geopolitical tensions and high interest rates impacting the business environment[5] - The group aims to strengthen its financial services business and adopt a prudent strategy for potential investments and opportunities[5] - The group expects to receive formal written approval from the Securities and Futures Commission for its license application in 2025[12] - The group anticipates a moderate growth trajectory for the Hong Kong economy, supported by asset investment activities, despite ongoing global geopolitical tensions[18] - The group plans to maintain a cautious approach to cost management and resource allocation to sustain profitability while exploring new growth opportunities[19] - The group will closely monitor economic developments and adjust strategies accordingly to strengthen market position and drive sustainable growth[19] Corporate Governance - The company has adopted and complied with the corporate governance code as per the Hong Kong Stock Exchange's listing rules throughout the year[36] - The board consists of nine members, including four executive directors and four independent non-executive directors, ensuring a balanced governance structure[46] - The company has confirmed compliance with the standard code for securities trading by directors and relevant employees for the fiscal year ending December 31, 2024[43] - The board is led by Dr. Zhuang Youheng as the chairman, with responsibilities clearly divided from the CEO role to ensure governance independence[47] - The company has received written confirmations from all independent non-executive directors regarding their independence from the group[49] - The board has adopted a diversity policy to ensure a balanced selection of candidates based on various perspectives, including gender, age, and professional experience[58] - The Nomination Committee reviewed the board's structure and diversity on March 26, 2025, and found it appropriate and in line with measurable diversity goals[51] - The board has established clear guidelines for delegating authority to management while regularly reviewing these arrangements[54] - The company has a structured nomination process to identify suitable candidates for board positions, considering the benefits they bring[60] - The board held 13 meetings in total, with attendance rates for executive directors ranging from 77% to 100%[72] - The independent non-executive directors maintained high attendance rates, with some achieving 100% attendance in board meetings[72] - The company has not established a corporate governance committee but fulfills governance functions as outlined in the corporate governance code[73] Employee and Social Responsibility - The company is committed to sustainable development and environmental protection, implementing eco-friendly management practices and resource optimization[38] - The company has established a discretionary share option plan to enhance employee performance and loyalty[39] - The company actively participates in community activities to strengthen its environmental, social, and governance management[38] - The company has maintained a zero record of employee injuries or fatalities over the past three years[130] - The company provides various employee benefits, including medical insurance covering outpatient, hospitalization, and annual health check-ups[128] - The company encourages work-life balance through various sports and recreational activities for employees[128] - The company has implemented measures to review recruitment practices to prevent child and forced labor[11] - The company has complied with all relevant laws and regulations regarding employment and labor standards during the reporting period[129] Environmental, Social, and Governance (ESG) Initiatives - The group is committed to sustainable development and has adopted an Environmental, Social, and Governance (ESG) policy to guide its operations[111] - The ESG report covers the group's core business in Hong Kong, including licensed financial services and property investment[113] - The company aims to reduce greenhouse gas emissions by 45% from the 2021 baseline by 2030, with current emissions at 50.6 tons, averaging 1.53 tons per employee[119] - The company plans to decrease non-hazardous waste by 50% from the 2021 baseline by 2030[120] - The total electricity consumption during the reporting period was 70,360.0 kWh, averaging 2,132.1 kWh per employee, with a goal to reduce energy consumption per employee by 20% by 2030[122] - The company has not generated any hazardous waste and aims to manage non-hazardous waste responsibly[119] - The company has implemented measures to encourage employees to reduce energy and water consumption, including the use of energy-efficient equipment[121] - The company has set a target to reduce water consumption by 10% from the 2021 baseline by 2030, with zero cubic meters consumed during the reporting period[122] - The company has established a governance structure to manage environmental, social, and governance risks effectively[117] - The company conducts annual materiality assessments to identify significant environmental and social issues impacting its operations[118] Financial Position and Shareholder Matters - As of December 31, 2024, the group's net asset value was approximately HKD 1,596.9 million, down from approximately HKD 1,907.1 million in 2023[22] - The group's liquidity remains strong, with a current ratio of 3.9 as of December 31, 2024, unchanged from 2023[24] - The group's debt ratio increased to 14.9% as of December 31, 2024, compared to 13.0% in 2023, primarily due to a decrease in shareholder equity[27] - The company has adopted a dividend policy aimed at maximizing shareholder interests while maintaining a robust balance sheet for future sustainable development since November 30, 2018[104] - The company will regularly review its dividend policy to ensure compliance with applicable laws, rules, and regulations[105] - The board of directors did not recommend the payment of a final dividend for the current year, consistent with the previous year[149] - The company has established a shareholder communication policy to ensure timely and fair access to relevant information[98] - The company’s latest organizational documents are available on its website and the Hong Kong Stock Exchange[102] - The company has confirmed that there are no significant uncertainties regarding its ability to continue as a going concern as of December 31, 2024[78] Audit and Compliance - The financial statements for the year have been audited by a certified public accountant firm, which will be proposed for reappointment at the upcoming annual general meeting[198] - The Audit Committee held two meetings in 2024 to review the financial performance and internal controls of the group[107] - The committee discussed the effectiveness of the group's risk management and internal control systems, focusing on financial, operational, and compliance monitoring[109] - The company has established a robust risk management and internal control system, which is reviewed annually by the board[81] - The company has engaged an independent external consultant to evaluate its internal control system and provide recommendations for improvements[81] - The board has confirmed that there are no significant deficiencies or material weaknesses in the internal control measures[82] - The company has maintained strict adherence to relevant regulations, publishing its interim report for 2024 and annual report for 2023 on time[78]

Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 81,916,000, a decrease of 27.7% compared to HKD 113,394,000 in 2023[3] - The company reported a net loss of HKD 212,727,000 for the year, compared to a loss of HKD 176,540,000 in 2023, reflecting an increase in losses of 20.5%[5] - Basic and diluted loss per share increased to HKD 20.91 from HKD 14.82, indicating a worsening financial performance[6] - The company experienced a significant loss in other comprehensive income, totaling HKD 97,495,000 compared to a gain of HKD 13,398,000 in the previous year[5] - The company reported a total loss for the year of HKD 212,727,000, with a pre-tax loss of HKD 211,837,000[19] - The group recorded a consolidated loss of approximately HKD 212,700,000 for the year, compared to a loss of approximately HKD 176,500,000 in the previous year, with shareholders' loss amounting to approximately HKD 197,700,000[56][57] - The group recorded a comprehensive loss of approximately HKD 212,700,000 for the year, compared to a loss of HKD 176,500,000 in the previous year[69] Revenue Breakdown - Income from asset management services decreased to HKD 1,799,000 from HKD 3,673,000, representing a decline of 51.0%[3] - Interest income from margin clients and receivables dropped to HKD 48,709,000, down 42.2% from HKD 84,134,000 in the previous year[3] - The financial services segment generated revenue of HKD 53,075,000, while the credit and lending services segment contributed HKD 3,245,000[21] - The company’s asset management service revenue reached HKD 1,799,000, and financial advisory service revenue was HKD 4,730,000[19] - The total revenue from property investment and leasing was HKD 10,488,000, contributing to the overall revenue[19] - The credit and lending services segment reported a profit of HKD 2,608,000, indicating a positive performance in this area[21] - The financial services segment revenue decreased by 18.9% to approximately HKD 53,100,000 from approximately HKD 65,500,000 in the previous year, with segment profit dropping from approximately HKD 49,900,000 to about HKD 12,100,000[61] - The credit and lending services segment revenue significantly declined from approximately HKD 73,000,000 to about HKD 3,200,000, primarily due to a one-time debt recovery income of HKD 42,000,000 in the previous year[63] Asset and Equity Changes - Total assets decreased to HKD 1,866,297,000 from HKD 2,184,428,000, a reduction of 14.6%[7] - The company's equity attributable to owners decreased to HKD 1,320,477,000 from HKD 1,615,664,000, a drop of 18.3%[8] - The company's share of net assets in associates decreased to 247,066,000 HKD in 2024 from 319,111,000 HKD in 2023, a reduction of approximately 22.6%[41] - The group's net asset value as of December 31, 2024, was approximately HKD 1,596,900,000, down from HKD 1,907,100,000 in the previous year[70] Impairment and Loss Provisions - The company recorded a significant impairment loss of HKD 35,544,000 on receivables in 2024, unchanged from the previous year[27] - The provision for impairment losses on accounts receivable from margin clients increased to 36,905,000 HKD in 2024 from 1,361,000 HKD in 2023, indicating a significant rise in risk assessment[47] - The company confirmed an impairment loss provision of HKD 225,000 for other receivables as of December 31, 2024, a decrease from HKD 4,187,000 in 2023[52] Other Financial Metrics - The income tax expense for 2024 was 890,000 HKD, significantly lower than 13,587,000 HKD in 2023, reflecting a decrease of approximately 93.4%[36] - The total interest expense for the year was HKD 15,552,000, up from HKD 15,691,000 in 2023, showing a slight decrease of 0.9%[27] - The total capital expenditure for the year was HKD 68,000, a decrease from HKD 1,597,000 in 2023[27] - The total amount of personal and corporate loans as of December 31, 2024, was HKD 182,298,000, compared to HKD 133,125,000 in 2023, reflecting an increase of approximately 37%[50] Corporate Governance and Future Plans - The group plans to apply for a license for leveraged foreign exchange trading under the Securities and Futures Ordinance, with the application accepted by the Securities and Futures Commission in July 2024[61] - The group has adopted and complied with the corporate governance code as per the Hong Kong Stock Exchange listing rules throughout the year[83] - The board expresses sincere gratitude and appreciation to the management team and all employees for their efforts and contributions during the year[92] Dividend and Shareholder Information - The company did not recommend any dividend payment for the years ended December 31, 2024, and 2023[37] - The group did not recommend a final dividend for the year ending December 31, 2024, consistent with the previous year[58] - The weighted average number of ordinary shares issued remained constant at 945,527,675 for both 2024 and 2023[40] Market and Economic Conditions - The fair value loss on investment properties increased by HKD 98,200,000 due to a decline in the local real estate market[65] - The group plans to focus on strengthening competitive advantages in key business segments and diversifying revenue sources despite a challenging macroeconomic environment[67]

202 4 期 anetree INTERNATIONAL 梧 桐 國 際 發 展 有 限 公 司 Planetree International Development Limited (於百慕達註冊成立之有限公司) 股份代號：613 梧桐國際發展有限公司 目錄 | --- | --- | |------------------------------|-------| | | 頁次 | | 公司資料 | 2 | | 管理層討論與分析 | 3 | | 其他資料 | 10 | | 中期財務資料審閱報告 | 13 | | 簡明綜合損益及其他全面收入表 | 14 | | 簡明綜合財務狀況表 | 16 | | 簡明綜合權益變動表 | 17 | | 簡明綜合現金流動表 | 19 | | 簡明綜合財務報表附註 | 20 | 1 中期報告 2024 梧桐國際發展有限公司 富睿瑪澤會計師事務所有限公司 公司資料 | --- | --- | |---------------------------|----------------------------------------------| | | | | 董事會 | 主要 ...

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。 — 1 — （於百慕達註冊成立的有限公司） （股份代號：613） 二零二四年中期業績（未審核） 梧桐國際發展有限公司（「本公司」）之董事（「董事」）會（「董事會」）公 佈本公司及其附屬公司（統稱「本集團」）截至二零二四年六月三十日止 六個月之未審核綜合業績如下： 簡明綜合損益及其他全面收入表 截至二零二四年六月三十日止六個月 | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------ ...

2. 本集團之流動資金、現金流量及整體財務狀況； 3. 本集團現時及未來發展計劃之目前及未來承諾、業務策略、資本需求預測及資本架構目標； 審核委員會 年內及截至本報告日期之審核委員會成員為： 1.4 與管理層考慮及討論可能須於二零二三年年報內反映之任何重大或異常事項以及本公司負 責會計及財務匯報職能之員工、合規主任或核數師所提出之任何事宜（如有）。 2.3 審閱本集團之財務及會計政策及實務；及 2023 年度 發 告 頁次 審核委員會報告 35 獨立核數師報告 63 綜合現金流動表 73 目錄 | --- | --- | |---------------------------------------------------------------------------|------------------------------------------------------------------------------| | | | | 董事會 | 外聘核數師 | | 執行董事 邢少南先生 | 中審眾環（香港）會計師事務所有限公司 | | （於二零二四年三月一日獲委任為副主席 兼執行董事） | 主要往 ...

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 百 慕 達 註 冊 成 立 的 有 限 公 司 ） （股份代號：613） 二零二三年全年業績 梧桐國際發展有限公司（「本公司」）之董事（「董事」）會（「董事會」）公佈本公 司及其附屬公司（統稱「本集團」）截至二零二三年十二月三十一日止年度之 綜合業績，連同二零二二年同期之比較數字如下： 綜合全面收入表 截至二零二三年十二月三十一日止年度 | | | 二零二三年 | 二零二二年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 收益 | | | | | 費用及佣金收入 | | 494 | 435 | | 資產管理服務收入 | | 3,673 | 4,510 | | 企業顧問服務收入 | | 12,664 | 19,508 | | 財務顧問服務收入 | | 7,613 | 9,785 | | 出售按公平值計入損益表（「按公平值計 | | | | | ...

613 Stock code: 613 （於百慕達註冊成立之有限公司） 股份代號： (Incorporated in Bermuda with limited liability) 中期報告 613_Plantree_IR23_CR_A02_4.6mm_OP.pdf 1 18/9/2023 4:39 PM 梧桐國際發展有限公司 目錄 | | 頁次 | | --- | --- | | 公司資料 | 2 | | 管理層討論與分析 | 3 | | 其他資料 | 10 | | 中期財務資料審閱報告 | 13 | | 簡明綜合損益及其他全面收入表 | 14 | | 簡明綜合財務狀況表 | 16 | | 簡明綜合權益變動表 | 17 | | 簡明綜合現金流動表 | 19 | | 簡明綜合財務報表附註 | 20 | 1 中期報告 2023 梧桐國際發展有限公司 公司資料 董事會 執行董事 張廷基先生 張嘉儀女士 林曉露先生 獨立非執行董事 陳仕鴻先生 鍾國斌先生 馬嘉祺先生 張爽先生 委員會 審核委員會 馬嘉祺先生 （主席） 陳仕鴻先生 鍾國斌先生 提名委員會 陳仕鴻先生 （主席） 鍾國斌先生 馬嘉祺先生 薪酬委員會 周志 ...

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。 （於百慕達註冊成立之有限公司） （股份代號：613） 二零二三年中期業績（未審核） 梧桐國際發展有限公司（「本公司」）之董事（「董事」）會（「董事會」）公佈本公司及其附屬公 司（統稱「本集團」）截至二零二三年六月三十日止六個月之未審核綜合業績如下： 簡明綜合全面收入表 截至二零二三年六月三十日止六個月 截至六月三十日止六個月 二零二三年 二零二二年 附註 千港元 千港元 （未審核） （未審核） 收益 ...