Workflow
TONGDA GROUP(00698)
icon
Search documents
通达集团(00698):即时点评:2025H1净利润增长超360%,业绩进入快速增长轨道
Guoyuan International· 2025-07-31 08:43
【事件】 公司公告:预期公司于 2025 年上半年将录得拥有人应占未经审核溢利介乎 约 60,000,000 港元至 65,000,000 港元之间,较截至二零二四年六月三十日止 六个月的 12,842,000 港元增加约 367.2%至 406.2%。 【点评观点】 ➢ 轻装上阵,公司经营成本大幅下降 公司能够取得净利润大幅上升,主要原因包括成本大幅下降: ➢ 手机玻纤背盖和智能家居业务可推动业务持续增长 近两年,随着 AI 在手机中的运用越来越多,手机厂商追求更大的电池盒容 量,进而需要手机背盖更薄、更柔软且不易摔破,预计未来几年单价更高的 玻纤材质的手机背盖渗透率将不断上升。公司手机和消费电子大客户包括小 米、联想、三星、OV 等头部厂商,有助于公司手机和其他消费电子业务收 入持续増长。 公司智能家居业务主要负责为宜家、迪卡侬等大客户提供各类塑料件产品。 公司重点发展产品设计与智能制造一体化,推动工厂流水线升级为智能生 产。马来西亚新厂房已落成并投入运作,得益于东南亚较低的关税,可以让 客户稳定下订单,从而减少国际政策不确定对生产的影响。该业务已在深圳 交易所主板上市,股票代码为 001368,名为通达 ...
通达集团发盈喜,预期上半年股东应占溢利同比增加约367.2%至406.2%
Zhi Tong Cai Jing· 2025-07-30 12:28
然而,于2024年4月3日出售的精密零部件业务(一项拥有高毛利率的业务)的收入及收益自该出售完成后 不再合并入集团的财务报表。该等因素的综合影响导致集团于期内的毛利及毛利率下降。 此外,于2024年4月3日出售精密零部件业务后,集团于2024年上半年取得一次性收益净额约1.46亿港 元,而于期内并无取得此性质的收益。 (2)于2024年4月3日完成出售精密零部件业务后,集团不再产生与该业务有关的任何研究与开发(研发)开 支。加上集团采取严谨的发展策略,将研发资源集中于核心业务,以及去年应客户要求开发的新材料及 产品已开始逐步推出。该等因素共同促使集团于期内的研发成本较去年同期大幅下降;及 (3)尽管集团的营运受到激烈市场竞争的影响,但2024年进行的固定资产减值令期内的折旧开支大幅减 少。 通达集团(00698)发布公告,预期集团于截至2025年6月30日止6个月将取得公司拥有人应占未经审核溢 利约6000万港元至6500万港元之间,较截至2024年6月30日止6个月的1284.2万港元增加约367.2%至 406.2%。根据董事会目前所得的资料,预期溢利增加乃主要由于: (1)集团于2024年提早偿还大部分 ...
通达集团(00698) - 正面盈利预告
2025-07-30 12:07
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佈之內容概不負責,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佈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。 然而,於二零二四年四月三日出售的精密零部件業務(一項擁有高毛利率的業務)的 收入及收益自該出售完成後不再合併入本集團的財務報表。該等因素的綜合影響導 致本集團於期內的毛利及毛利率下降。 (於開曼群島註冊成立之有限公司) (股份代號:698) 正面盈利預告 本公佈乃通達集團控股有限公司(「本公司」,連同其附屬公司統稱「本集團」)根據香港 聯合交易所有限公司證券上市規則(「上市規則」)第13.09(2)條及證券及期貨條例(香港法 例第571章)第XIVA部的內幕消息條文(定義見上市規則)而作出。 本公司董事(「董事」)會(「董事會」)謹此知會本公司股東(「股東」)及潛在投資者,根據 對本集團截至二零二五年六月三十日止六個月(「期內」)之未經審核綜合管理賬目之初步 審閱及董事會目前所得的資料,預期本集團於期內將錄得本公司擁有人應佔未經審核溢 利介乎約60,000,000港元至65,000,000港元之間,較截至 ...
300698、300815......强势20%封板!A股这一概念,突现涨停潮!
今日早盘,A股小幅走强,北证50、科创50均涨超1%,创业板指则收复2000点大关,深证成指、沪深300等也终结连 续下跌的走势。近4500只个股上涨,成交呈小幅放大的趋势。 盘面上,EDA概念、消费电子、无人驾驶、创新药等板块涨幅居前,黄金、日用化工、调味品、航空机场等板块小幅 调整。 EDA概念放量大涨 EDA概念早间大幅高开高走,板块指数盘中一度放量飙涨逾6%,创2个多月来新高,并逼近年内最高点,仅1小时成 交就超过昨日(28日)全天成交。概伦电子20%涨停,申通地铁、粤电力A均开盘涨停。 EDA工具作为集成电路领域的基础工具, 广泛应用于集成电路设计、制造、封装和测试等环节,实现电路设计、版 图设计、版图验证、性能分析等工作的计算机自动处理。 从全球EDA市场来看,美国厂商占据了垄断地位。根据TrendForce数据,2024年,Synopsys、Cadence和Siemens EDA 这三家美国公司分别占据全球EDA市场32%、29%和13%的市场份额,三者合计市场份额高达74%。并且三家公司合 共占中国EDA市场约八成。 中信证券表示,EDA国产化渐入深水区,数字IC设计EDA全流程能力持续完善, ...
通达集团(00698) - 2024 - 年度财报
2025-04-23 13:14
Financial Performance - The adjusted revenue for the year increased by approximately 17.8%, while total revenue decreased by about 14.3% to approximately HKD 5,589.7 million from HKD 6,521.9 million in the previous year[8]. - The company recorded a loss of approximately HKD 3,904.0 million, an increase from the loss of about HKD 1,204.9 million in the previous year[8]. - The total revenue for the year was approximately HKD 5,589.7 million, a decrease of about 14.3% from approximately HKD 6,521.9 million in the previous year[23]. - The group recorded a loss of approximately HKD 3,904.0 million, an increase of about 220.6% compared to a loss of approximately HKD 1,204.9 million in the previous year[15]. - The group recorded a gross loss of approximately HKD 328.0 million with a gross loss margin of 5.9%, compared to a gross profit of HKD 345.8 million and a gross profit margin of 5.3% in the same period last year[26]. - The company reported a total available distributable reserve of HKD 1,827,745,000 as of December 31, 2024, which includes a share premium account of HKD 1,780,859,000[122]. - The total comprehensive loss for 2024 was HKD 4,052,095, compared to HKD 1,338,467 in 2023, indicating a significant increase in overall losses[181]. - The company reported a loss of HKD 3,942,177,000 for the year 2024, compared to a loss of HKD 1,229,656,000 in 2023[186]. Revenue Segmentation - In the consumer electronics components segment, adjusted revenue grew by approximately 17.5%, but total revenue decreased by about 19.5% to approximately HKD 4,536.0 million, accounting for about 81.1% of total revenue[9]. - The home and sports goods segment recorded a sales growth of approximately 19.0%, contributing about 18.9% to total revenue[11]. - Revenue from the consumer electronics components segment decreased by approximately 19.5% to about HKD 4,536.0 million, accounting for approximately 81.1% of total revenue[17]. - The home and sports goods segment saw sales rise by approximately 19.0% to about HKD 1,053.7 million, representing approximately 18.9% of total revenue[19]. Operational Strategies - The company plans to focus on optimizing technological innovation and selective customer groups while implementing prudent operational strategies[11]. - The company aims to enhance organizational resilience through R&D improvements in product quality and production processes[11]. - The group aims to enhance its manufacturing capabilities and product coverage through a focus on "product design + smart manufacturing" strategies[22]. - The group is reassessing its customer structure and is taking a more cautious approach to order risks to balance business growth with risk management[34]. Financial Management - The company is committed to maintaining robust financial management to improve flexibility in response to industry restructuring[11]. - The company emphasizes the importance of cash reserves and liquidity to ensure long-term business development[11]. - The company anticipates maintaining sufficient cash reserves to meet its operational needs, supported by cash flow from operations and available credit facilities[40]. - The company has a cash and cash equivalents balance of approximately HKD 1,615.7 million as of December 31, 2024, compared to HKD 1,676.9 million as of December 31, 2023[40]. Impairment and Provisions - Impairment provisions of approximately HKD 1,977.6 million and HKD 105.2 million were made for fixed assets and investments in associates, respectively[16]. - The group recognized an impairment provision of HKD 1,977.6 million for property, plant, and equipment, primarily due to macro challenges and increased competition in the market[32]. - The company recognized an impairment provision of HKD 1,977,624 for property, plant, and equipment in 2024, with no such provision in 2023[179]. Corporate Governance - The company has adopted corporate governance principles to enhance shareholder value and ensure accountability to stakeholders[67]. - The independent non-executive directors have extensive experience in finance and governance, contributing to the company's oversight[61][62][64]. - The company complies with the Listing Rules and has maintained high standards of corporate governance throughout the year[67]. - The board consists of five executive directors, one non-executive director, and four independent non-executive directors, responsible for creating shareholder value[69]. Risk Management - The group has identified various financial and operational risks, particularly related to its operations in China[110][111]. - The risk management committee was established in 2015, focusing on four core risks: compliance risk, financial risk, operational risk, and strategic risk[93]. - The board is responsible for establishing risk management and internal control systems, ensuring effective operation[71]. Shareholder Communication - The company emphasizes effective communication with shareholders and holds an annual general meeting to facilitate direct communication[100]. - The board will consider declaring dividends based on profitability, financial condition, debt repayment requirements, and capital expenditure plans[47]. Employee Management - The group regularly reviews its compensation policy and evaluates employee performance based on individual performance, qualifications, industry experience, and market trends[45]. - The company has a structured approach to attract and retain core talent through its share incentive plan[132]. Environmental Commitment - The company is committed to environmental protection and regularly reviews its environmental practices[112].
通达集团(00698) - 2024 - 年度业绩
2025-03-26 14:41
Financial Performance - Revenue for the year ended December 31, 2024, was HKD 5,589,739, a decrease of 14.3% compared to HKD 6,521,928 in 2023[2] - The gross loss for the year was HKD 327,955, compared to a gross profit of HKD 345,783 in the previous year, representing a significant decline[3] - The net loss attributable to the company's owners was HKD 3,942,177, an increase of 220.6% from HKD 1,229,656 in 2023[2] - The net loss margin increased to 70.5% from 18.9%, reflecting a deterioration in financial performance[2] - Basic and diluted loss per share was HKD 40.49, compared to a profit of HKD 12.64 per share in the previous year, marking a 220.3% decline[2] - Total comprehensive loss for the year was HKD 4,052,095, compared to HKD 1,338,467 in 2023, highlighting increased financial strain[4] - The company reported a loss before tax of HKD 3,871,395, compared to HKD 1,153,144 in the previous year, indicating worsening operational challenges[3] - The company recorded a net loss of HKD 3,903,971 thousand in 2024, compared to a net loss of HKD 1,204,913 thousand in 2023, indicating a worsening loss situation[22] - The group reported a pre-tax loss of HKD 1,266,411,000 for 2024, a decrease from HKD 1,405,283,000 in 2023, reflecting a reduction of approximately 9.9%[36] Asset and Liability Management - Total non-current assets decreased from HKD 5,269,173 thousand in 2023 to HKD 2,716,395 thousand in 2024, a reduction of approximately 48.5%[5] - Current assets also saw a decline from HKD 8,033,557 thousand in 2023 to HKD 4,437,841 thousand in 2024, representing a decrease of about 44.5%[5] - The company's cash and cash equivalents decreased from HKD 1,160,490 thousand in 2023 to HKD 840,592 thousand in 2024, a drop of approximately 27.5%[5] - Total liabilities decreased from HKD 5,072,868 thousand in 2023 to HKD 3,660,518 thousand in 2024, a reduction of around 27.8%[6] - The net asset value dropped significantly from HKD 7,003,496 thousand in 2023 to HKD 2,904,843 thousand in 2024, a decline of approximately 58.6%[6] - The company's equity attributable to owners decreased from HKD 6,682,824 thousand in 2023 to HKD 2,605,518 thousand in 2024, a decrease of about 61.0%[6] - The company’s borrowings decreased from HKD 1,878,213 thousand in 2023 to HKD 547,963 thousand in 2024, a reduction of approximately 70.8%[6] - The group’s total assets decreased from HKD 13,739,092 thousand in 2023 to HKD 7,154,236 thousand in 2024, a decline of about 48.0%[5] Revenue Breakdown - Total revenue from external customers decreased to HKD 5,589,739 thousand in 2024 from HKD 6,521,928 thousand in 2023, representing a decline of approximately 14.3%[30] - Revenue from major customers A, B, and C contributed HKD 1,502,119 thousand in 2024, down from HKD 2,034,304 thousand in 2023, reflecting a decrease of approximately 26%[29] - Revenue from consumer electronics components decreased by approximately 19.5% to about HKD 4,536.0 million, accounting for approximately 81.1% of total revenue[62] - Revenue from the Asia-Pacific region (excluding China) was HKD 499,304 thousand in 2024, up from HKD 442,535 thousand in 2023, showing an increase of approximately 12.8%[25] - The home and sports products segment recorded a year-on-year sales growth of approximately 19.0%, contributing about 18.9% to the group's total revenue[63] Strategic Initiatives - The company plans to explore new strategies for market expansion and product development to improve future performance[3] - The group plans to focus on precision sales, having received proposals related to this strategy in April 2023[42] - The group aims to maintain strict monitoring of overdue receivables and has established credit terms of one to three months for customers[56] - The group plans to optimize its order strategy and customer structure to balance business stability and risk management amid increased competition[62] - The group plans to focus on optimizing technological innovation and carefully selecting customer groups to enhance operational resilience amid ongoing market challenges[63] - The group aims to maintain liquidity and strengthen cash reserves to navigate the industry's restructuring and ensure long-term business development[63] Acquisitions and Disposals - The company has agreed to acquire Credence Technology Limited for HKD 60,000,000, with the transaction expected to create synergies with its existing electrical business[44] - The acquisition is part of the company's strategy to expand and create synergies with its existing business, completed on January 3, 2024[45] - The target company contributed HKD 257,334,000 in revenue and HKD 917,000 in profit to the group from the acquisition date until December 31, 2024[48] - The company sold its precision business for HKD 2,015,000,000, with the transaction completed on April 3, 2024[49] - The sale of the precision business resulted in a net gain of HKD 146,420,000, while the sale of the subsidiary business resulted in a net loss of HKD 13,370,000[50] - The net cash inflow from the sale of subsidiaries, after tax, was HKD 1,762,222,000 for the precision business and a loss of HKD 3,501,000 for the subsidiary business[51] Employee and Governance Matters - The group has approximately 10,000 long-term employees as of December 31, 2024, down from 15,000 in 2023[90] - The group plans to consider dividend payments based on profitability, financial condition, and capital expenditure plans[92] - The company has adhered to all corporate governance codes as per the Hong Kong Stock Exchange, with four independent non-executive directors appointed[108] - The audit committee consists of three independent non-executive directors and is responsible for monitoring the independence of external auditors and reviewing the group's risk management and internal control systems[111] - The company has not repurchased or sold any of its listed securities during the year[112] Future Outlook - The consumer electronics segment is expected to face continued challenges due to intense competition and a complex international political and economic environment[72] - The group has implemented strategic adjustments, including business restructuring and improved asset-liability ratios, to ensure long-term stability[72] - The group anticipates more development opportunities in the industry, supported by stable operating cash flow and a healthy balance sheet[73]
通达集团(00698) - 2024 - 中期财报
2024-09-12 22:05
Financial Performance - The total revenue for the six months ended June 30, 2024, was approximately HKD 2,986.0 million, an increase of 0.3% from HKD 2,975.6 million in the same period last year[7]. - Profit attributable to the owners of the company decreased by 33.7% to approximately HKD 12.8 million, down from approximately HKD 19.3 million in the previous year[7]. - Gross profit increased by 6.2% to approximately HKD 624.8 million, with a gross margin of approximately 20.9%, up from 19.8% in the same period last year[9]. - Other income and net gains decreased by approximately 11.5% to about HKD 70.6 million, primarily due to a reduction in government subsidies[10]. - The revenue growth was driven by market recovery, contributions from acquired businesses, and the impact of the sale of the precision components business[8]. - The company's profit for the six months ended June 30, 2024, was HKD 36,296,000, an increase of 12.5% compared to HKD 32,378,000 in the same period of 2023[35]. - Revenue for the period was HKD 2,986,005,000, slightly up from HKD 2,975,627,000 year-on-year, indicating a growth of 0.4%[36]. - Gross profit increased to HKD 624,838,000 from HKD 588,240,000, reflecting a growth of 6.2%[36]. - The total comprehensive income for the period was HKD (291,792,000), a decrease from HKD 19,377,000 in the prior year, reflecting a decline in profitability[45]. Expenses and Costs - Selling and distribution expenses rose by approximately 6.6% to about HKD 32.1 million, maintaining a ratio of 1.1% of total revenue[11]. - General and administrative expenses increased by approximately 30.2% to about HKD 655.5 million, representing 22.0% of total revenue, up from 16.9% in the previous year[12]. - Other operating expenses net increased by approximately 500.0% to about HKD 16.2 million, mainly due to increased foreign exchange losses[14]. - Financial expenses decreased by approximately 13.5% to about HKD 75.0 million from approximately HKD 86.7 million in the same period last year[15]. - The company repaid a significant portion of long-term bank loans early, leading to increased general and administrative expenses due to related legal and arrangement fees being fully recognized in the income statement[13]. Assets and Liabilities - As of June 30, 2024, the group held cash and cash equivalents of HKD 1,465.1 million, down from HKD 1,676.9 million as of December 31, 2023[16]. - The group’s total assets as of June 30, 2024, were HKD 10,533.8 million, a decrease from HKD 13,302.7 million as of December 31, 2023[16]. - The group had bank borrowings of HKD 350.6 million as of June 30, 2024, down from HKD 1,065.5 million as of December 31, 2023[23]. - The company's total equity stood at HKD 6,876,870,000, down from HKD 7,003,496,000, a decrease of 1.8%[42]. - Current liabilities decreased significantly to HKD 3,136,654,000 from HKD 5,072,868,000, a reduction of 38.3%[41]. Market and Business Strategy - The company aims to enhance operational efficiency and competitiveness through ongoing optimization of its operational structure in response to a challenging economic environment[29]. - The global smartphone market is showing signs of recovery, but competition remains intense, prompting the company to focus on enhancing technological leadership and product innovation[30]. - The company plans to continue leveraging its core competencies in the sports, home living, and health care sectors while establishing new business relationships with major consumer brands[31]. - The company is committed to optimizing its business portfolio and improving production processes to ensure sustainable long-term growth and maximize asset value[31]. Acquisitions and Sales - The company completed the sale of its precision micro-component manufacturing business for HKD 2,015 million on April 3, 2024[21]. - The company announced the sale of its precision components business for HKD 2,015.0 million due to foreign brand clients relocating production overseas, which is expected to reduce financing costs and improve liquidity and balance sheet strength[26]. - The company completed the acquisition of Credence Technology Limited for HKD 60,000,000, with a guaranteed EBITDA of no less than HKD 12,000,000 for the fiscal year ending December 31, 2024[72]. - The acquired company's revenue and profit contributions from the acquisition date to June 30, 2024, were HKD 160,994,000 and HKD 3,010,000, respectively[76]. Employee and Shareholder Information - The group employed approximately 10,000 long-term employees as of June 30, 2024, down from 15,000 as of June 30, 2023[20]. - The company did not declare any interim dividends for the period ending June 30, 2024[77]. - The company has not issued any reward shares under the share incentive plan during the six months ended June 30, 2024[91]. - The company’s total issued share capital remained at 9,735,607,645 shares as of June 30, 2024[89]. Cash Flow and Investments - For the six months ending June 30, 2024, the company reported a net cash flow from operating activities of HKD 521,602,000, compared to HKD 319,191,000 for the same period in 2023, representing a 63.5% increase[48]. - The company recorded a net cash outflow from investing activities of HKD 853,662,000, compared to an outflow of HKD 526,826,000 in the previous year, indicating a significant increase in investment expenditures[48]. - The company reported a net cash outflow from financing activities of HKD 2,115,339,000, compared to an inflow of HKD 566,589,000 in the previous year, indicating a shift in financing strategy[48]. Risks and Challenges - The company experienced a loss of HKD 310,059,000 from foreign exchange adjustments, which negatively impacted overall financial performance[45]. - The company maintains strict monitoring of overdue accounts and regularly reviews overdue balances[83]. - The aging analysis of accounts receivable shows that 3 months overdue accounts increased to HKD 1,939,653,000 from HKD 1,801,875,000[85].
通达集团(00698) - 2024 - 中期业绩
2024-08-28 12:42
Financial Performance - The group's revenue for the six months ended June 30, 2024, was approximately HKD 2,986,005,000, an increase of about 0.3% compared to HKD 2,975,627,000 for the same period in 2023[2] - The profit attributable to the company's owners for the six months ended June 30, 2024, was approximately HKD 12,842,000, a decrease of about 33.7% from HKD 19,377,000 for the same period in 2023[2] - Basic earnings per share for the six months ended June 30, 2024, were HKD 0.13, a decrease of about 35.0% compared to HKD 0.20 for the same period in 2023[3] - Gross profit for the six months ended June 30, 2024, was HKD 624,838,000, compared to HKD 588,240,000 for the same period in 2023[2] - The group reported a net profit of HKD 36,296,000 for the six months ended June 30, 2024, compared to HKD 32,378,000 for the same period in 2023[4] - The company's effective tax rate remains stable at 16.5% for Hong Kong profits tax, consistent with the previous year[20] - The group reported a total tax expense of HKD 20,680 for the six months ended June 30, 2024, compared to HKD 14,223 in 2023, indicating a year-over-year increase of approximately 45.5%[22] Dividends and Shareholder Returns - The board did not recommend any interim dividend for the six months ended June 30, 2024[1] - The company did not recommend any interim dividend for the period ending June 30, 2023[34] - No interim dividend will be paid for the year 2023, reflecting a cautious approach to cash distribution[68] Assets and Liabilities - The total non-current assets as of June 30, 2024, were HKD 4,999,500,000, a decrease from HKD 5,269,173,000 as of December 31, 2023[5] - Current liabilities totaled HKD 3,136,654,000 as of June 30, 2024, down from HKD 5,072,868,000 as of December 31, 2023[6] - The net asset value as of June 30, 2024, was HKD 6,876,870,000, compared to HKD 7,003,496,000 as of December 31, 2023[6] - Total assets as of June 30, 2024, amounted to HKD 10,533,790 thousand, while total liabilities were HKD 3,656,920 thousand, resulting in a net asset position of HKD 6,876,870 thousand[14] - The group had total assets of HKD 10,533.8 million as of June 30, 2024, a decrease from HKD 13,302.7 million as of December 31, 2023[52] Revenue Segmentation - The segment revenue from consumer electronic components was HKD 2,478,496 thousand, down 2.2% from HKD 2,533,899 thousand in the previous year[13] - The segment revenue from home and sports products increased by 14.9% to HKD 507,509 thousand, compared to HKD 441,728 thousand in the prior year[13] - Revenue from external customers in China for the six months ended June 30, 2024, was HKD 2,317,515, a slight decrease from HKD 2,323,887 in 2023[16] - Major customers A, B, and C contributed a total of HKD 685,239 in revenue, down from HKD 932,295 in the previous year, with customer A's revenue at HKD 381,029[18] Expenses and Cost Management - The group's financial expenses for the six months ended June 30, 2024, were HKD 75,001,000, down from HKD 86,654,000 for the same period in 2023[2] - General and administrative expenses rose by 30.2% to approximately HKD 655.5 million, accounting for 22.0% of total revenue, up from 16.9% in the previous year[49] - Financial expenses decreased by approximately 13.5% to about HKD 75.0 million, mainly due to a reduction in outstanding bank borrowings[51] Research and Development - Research and development costs increased significantly to HKD 372,080 for the six months ended June 30, 2024, compared to HKD 248,048 in 2023, reflecting a growth of approximately 49.9%[19] Acquisitions and Sales - The company completed the acquisition of Credence Technology Limited for HKD 60,000,000, with a guaranteed EBITDA of no less than HKD 12,000,000 for the fiscal year ending December 31, 2024[29] - The revenue contribution from the acquired company for the period up to June 30, 2024, was HKD 160,994,000, with a profit contribution of HKD 3,010,000[33] - The company agreed to sell its precision micro-component manufacturing business for HKD 2,015,000,000, with the transaction expected to complete on April 3, 2024[57] Employee and Corporate Governance - The group employed approximately 10,000 long-term employees as of June 30, 2024, down from 15,000 a year earlier[56] - The company has adhered to the corporate governance code as per the listing rules, with the roles of Chairman and CEO currently held by the same individual, Mr. Wang Yanan[72] - The audit committee consists of three independent non-executive directors and one non-executive director, ensuring compliance with the guidelines set by the Hong Kong Institute of Certified Public Accountants[74] Market Outlook and Strategy - The smartphone market appears to have emerged from its lowest point, but the outlook remains uncertain due to intense competition and shifting consumer preferences[66] - The company plans to strengthen its core competitiveness in three key areas: sports and outdoor, home living, and health care, while establishing new business relationships with major consumer brands[66] - The company aims to optimize its business portfolio and improve production processes to ensure long-term sustainable growth and effectively release asset value[67]
通达集团(00698) - 2024 - 年度业绩
2024-08-21 12:56
Incentive Shares - A total of 64,500,000 incentive shares were granted in 2022, with 1,000,000 shares returned due to the termination of employment of a selected employee[1] - As of December 31, 2023, the number of incentive shares available for grant was 917,425,764[1] - 16,350,000 incentive shares were vested during the fiscal year ending December 31, 2023, with a weighted average closing price of HKD 0.125 per share prior to vesting[1]
通达集团:1H24E preview: eyes on Android recovery and smart tech growth
Zhao Yin Guo Ji· 2024-08-06 01:31
6 Aug 2024 Earnings Summary CMB International Global Markets | Equity Research | Company Update Tongda (698 HK) 1H24E preview: eyes on Android recovery and smart tech growth Tongda will report 1H24 results on 28 Aug. We estimate 1H24 revenue/net profit of HK$ 2.6bn/35mn (-10%/+82% YoY) mainly driven by Android smartphone recovery, inventory restocking from overseas household & sports goods customers, network communications router demand pick-up on Wifi-7 upgrade and stabilized GPM for each segment. Looking ...