| (03004) | | | | | --- | --- | --- | --- | | 江苏宁沪高速公路 | 10.440 | 10.520 | 0.57% | | (00177) | | | | | 嘉里建设(00683) | 18.880 | 19.360 | 0.57% | | 万洲国际(00288) | 7.280 | 7.350 | 0.55% | | 港灯－ＳＳ(02638) | 5.720 | 5.780 | 0.52% | | 富邦沪深港高股息 | 14.460 | 14.490 | 0.49% | | (03190) | | | | | ＧＸ０３月债－Ｕ | 7.040 | 7.040 | 0.43% | | (09440) | | | | | 农业银行(01288) | 5.150 | 5.160 | 0.39% | | 中国财险(02328) | 15.560 | 15.560 | 0.39% | | 恒隆集团(00010) | 11.360 | 11.380 | 0.35% | | 贤能集团(01730) | 3.020 | 3.020 | 0.33% | | 粤港湾控股(0139 ...

自5月29日开始，华音国际控股（00989.HK）迎来显著飙升，至6月2日股价已累涨近196%。 而在6月3日，华音国际控股又在高开后迎来暴力拉升，股价在盘中一度暴涨逾236%，并放出天量，异 动明显。此后虽然有所回调，但截至发稿时间仍有近140%的涨幅。 公司拟改名，管理层发生变动 从消息面来看，6月2日，华音国际控股发布公告称，建议将公司的英文名称由「Hua Yin International Holdings Limited」更改为「China Changbaishan Resources Development Company Limited」，及采纳「中 国长白山资源开发建设有限公司」为中文第二名称，以取代现时的名称「华音国际控股有限公司」。 交投清淡，业绩出现亏损 值得注意的是，从资金面来看，华音国际控股近期的上涨明显有资金炒作的迹象，而这和公司的一些基 本情况有关。 一方面，华音国际控股的市值很小，连番大涨之后，市值也不过5亿港元，日常成交更是非常清淡。 从股权结构来看，截至2024年9月30日，7大股东持有公司超过60%的股份。 成交清淡、股权较为集中也意味着只需要少量资金就能控制华音国际控股 ...

5月30日，截至港股收盘，恒生指数下跌1.2%，报23289.77点。华音国际控股（00989.HK）收报0.69港 元/股，上涨105.97%，成交量138.75万股，成交额89.21万港元，振幅123.88%。 最近一个月来，华音国际控股累计涨幅69.19%，今年来累计跌幅13.05%，跑输恒生指数17.51%的涨 幅。 财务数据显示，截至2024年9月30日，华音国际控股实现营业总收入1.29亿元，同比增长193.7%；归母 净利润-6.01亿元，同比减少652.19%；毛利率14.13%，资产负债率124.59%。 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，地产行业市盈率（TTM）平均值为4.81倍，行业中值-0.14倍。华音国际控股市盈 率-0.15倍，行业排名第237位；其他百仕达控股（01168.HK）为0.02倍、百仕达控股（02983.HK）为 0.43倍、恒达集团控股（03616.HK）为1.71倍、美联集团（01200.HK）为2.62倍、瑞森生活服务 （01922.HK）为2.82倍。 资料显示，华音国际控股有限公司(前称广泽国际发展有限公司)('华音';连同其 ...

智通财经5月30日电，华音国际控股在港交所公告，将于今天下午一时起短暂停止买卖。 ...

华音国际控股(00989.HK)：将于今天下午一时起短暂停止买卖。 ...

應按以下情況支付： | --- | --- | --- | --- | |--------------------------|----------------------|------------------------------------------------------------------|----------------------------------------------------------| | | | 30 September 2024 二零二四年 九月三十日 RMB'000 人民幣千元 | 31 March 2024 二零二四年 三月三十一日 RMB'000 人民幣千元 | | Current Non-current | 即期 非即期 | 12,340 230,980 243,320 | 420,640 230,990 651,630 | | Analysed into: | 分析為： | | | | Bank loans and entrusted | 須於下列期間支付之 | | | | loans repayable: | 銀行貸款及委託貸款： | | | | With ...

Financial Performance - For the six months ended September 30, 2024, the company reported revenue of RMB 129,233,000, a significant increase from RMB 44,002,000 in the same period of 2023, representing a growth of 194.0%[2] - The company recorded a loss attributable to owners of the parent of RMB 601,140,000, compared to a loss of RMB 79,919,000 in the prior year, indicating a substantial increase in losses[4] - Basic and diluted loss per share for the period was RMB (8.34), compared to RMB (1.11) in the previous year, reflecting a worsening financial performance[2] - The company recorded a net loss of RMB 601,100,000 for the six months ended September 30, 2024[13] - The group recorded a net cash outflow from operating activities of RMB 26,700,000 for the six months ended September 30, 2024, compared to RMB 5,200,000 for the same period in 2023[152] Assets and Liabilities - The total non-current assets as of September 30, 2024, amounted to RMB 506,014,000, a slight decrease from RMB 516,901,000 as of March 31, 2024[6] - Current assets decreased significantly to RMB 978,310,000 from RMB 1,751,614,000, primarily due to a reduction in properties held for sale[6] - Current liabilities were reported at RMB 1,540,267,000, down from RMB 1,643,598,000, indicating a reduction in short-term obligations[6] - The net asset value attributable to owners of the parent was reported as RMB (365,062,000), a decline from RMB 228,874,000 in the previous period[8] - Current liabilities net amount to RMB 561,900,000, while total liabilities net amount to RMB 365,100,000[168] Revenue Breakdown - Revenue from property sales was RMB 107,352,000, while property management service income was RMB 15,145,000, totaling RMB 122,497,000[25] - The company's revenue increased by 193.6% from RMB 44,002,000 to RMB 129,233,000 for the six months ended September 30, 2024, primarily due to a 411.0% increase in property sales[122] - Property management service revenue decreased by RMB 1,400,000 to RMB 15,145,000, attributed to the cessation of management services for certain properties[124] Financing and Debt - The company expects to generate sufficient cash flow to maintain operations and is negotiating new bank loans[14] - The company has a major shareholder loan of RMB 337,947,000 (September 30, 2024), which is interest-free and repayable on demand[73] - Bank loans secured against assets amounted to RMB 12,340,000 (September 30, 2024), down from RMB 420,640,000 (March 31, 2024), a decrease of approximately 97%[80] - The company’s bank loans as of September 30, 2024, amount to RMB 408,300,000, with fixed interest rates ranging from 7.5% to 10%[103][104] Impairment and Write-downs - The group recognized an additional impairment of approximately RMB 637,900,000 in net realizable value during the six months ended September 30, 2024[60] - The estimated net realizable value of the Fushun property project was adjusted, leading to a further write-down of RMB 637,900,000 during the six months ended September 30, 2024, reflecting a 45% discount rate for assets intended for short-term sale[139] - The company’s impairment provision increased to RMB 46,800,000 as of September 30, 2024, due to deteriorating local economic conditions and extended aging of certain debtors[143] Cash Flow and Liquidity - Cash and cash equivalents decreased to RMB 10,068,000 as of September 30, 2024, from RMB 53,635,000 as of March 31, 2024[66] - The estimated cash and bank balances in RMB were RMB 5,800,000 as of September 30, 2024, down from RMB 8,900,000 as of March 31, 2024[68] - As of September 30, 2024, cash and bank deposits amounted to approximately RMB 10,100,000, representing a decrease of about 81.2% from RMB 53,600,000 as of March 31, 2024[148] Shareholder and Corporate Actions - The company approved the restart of the sale plan for the Fushun property project in July 2024 and entered into a conditional equity transfer agreement to sell its entire stake in Jilin Guangze Tourism Development Co., Ltd. for RMB 1.0 in October 2024[100] - The group plans to divest its stake in Jilin Province Guangze Tourism Development Co., Ltd. to alleviate debt and financing costs, with the nominal consideration set at RMB 1[109] - The group will implement a capital restructuring plan, including a consolidation of shares and a reduction in share capital, to enhance financial stability[110] Other Financial Metrics - The financing cost for the period was RMB 25,163,000, with a fair value change of derivative financial instruments amounting to RMB 23,918,000[22] - Total financing costs for the six months ended September 30, 2024, were RMB 21,219,000, compared to RMB 25,163,000 for the same period in 2023, representing a decrease of approximately 15.4%[35] - The company recorded a deferred tax credit of RMB 71,400,000, significantly higher than RMB 6,200,000 in the previous period, mainly due to temporary differences arising from property write-downs[135] Market and Economic Conditions - The company continues to focus on property development and management in China, with ongoing investments in planning, design, and contract management[10] - The group aims to continue prudent land replenishment in the Northeast China region, focusing on sustainable business development amidst an uncertain real estate market[115] - There are significant uncertainties regarding the company's ability to continue as a going concern due to potential delays in cash generation from asset sales[168]

Financial Performance - For the year ended March 31, 2024, the Group's overall revenue was approximately RMB 116.1 million, a decrease of 70.5% compared to RMB 394.1 million for the year ended March 31, 2023[7]. - The Group recorded a gross profit of approximately RMB 9.9 million, down from RMB 56.1 million in the previous year, indicating a significant decline in profitability[8]. - The net loss for the year was approximately RMB 193.3 million, compared to a net profit of approximately RMB 366.0 million for the year ended March 31, 2023[8]. - Basic loss per share was RMB (2.68), compared to earnings of RMB 5.17 per share in 2023[179]. - The adjusted capital decreased to RMB 370,550,000 from RMB 487,664,000 in 2023, a reduction of 24%[170]. Revenue and Income Sources - Rental income increased by 9.4% for the year ended March 31, 2024, primarily due to an increase in the average occupancy rate of shopping mall units in Baishan City, PRC[14]. - As of March 31, 2024, property management service revenue remained stable at RMB 32,900,000, compared to RMB 32,800,000 for the year ended March 31, 2023[163]. Expenses and Costs - Administrative expenses rose by approximately RMB 3.1 million to RMB 38.5 million, mainly due to the opening of the Group's office for its ginseng and mineral spring water businesses[17]. - Other expenses rose by approximately RMB 75.6 million from RMB 11.3 million for the year ended March 31, 2023, to RMB 86.9 million for the year ended March 31, 2024, largely due to a write-down of the Fusong Property Project of approximately RMB 84.3 million[38]. - The finance costs for the year ended March 31, 2024, increased by RMB 6.4 million to approximately RMB 23.1 million, mainly due to an increase in interest on Convertible Bonds and bank borrowings[41]. Assets and Liabilities - As of March 31, 2024, the Group's cash and bank deposits amounted to approximately RMB 53.6 million, a decrease of about 23.3% from RMB 69.9 million as of March 31, 2023, primarily due to loan repayments and operational expenses[33]. - The Group's bank and other borrowings decreased from RMB 674.7 million as of March 31, 2023, to RMB 651.6 million as of March 31, 2024, due to repayments made during the year[34]. - The Group recorded a deferred tax credit of approximately RMB 36.8 million, primarily from the reversal of taxable temporary differences related to property write-downs and decreases in investment property values[23]. - The Group's maximum exposure to credit risk was primarily from pledged bank deposits, bank balances, cash, and trade receivables, with trade receivables from the largest single customer representing less than 5% of the total[90]. Market and Industry Insights - The healthcare industry is projected to reach a market size of RMB 9 trillion in 2024, presenting significant growth opportunities despite current market challenges[5]. - The market for healthcare products and services is experiencing a continuous increase in consumption, indicating a shift in consumer demand towards health-related sectors[4]. Management and Governance - The company has a strong governance structure with independent non-executive directors actively participating in various committees, enhancing oversight and accountability[113]. - The financial management team, led by experienced directors, is dedicated to maintaining robust financial reporting and corporate governance practices[135]. - The company is focused on strategic policy and decision-making, with a commitment to investment promotion and urban development in Jilin Province[126]. Strategic Initiatives - The company plans to leverage resources from the ginseng base and "Changbaishan" mineral water brand to enhance its cultural tourism and healthcare industry integration[182]. - The Group aims to achieve asset-light and low-debt operations through joint ventures and cooperation, aligning with domestic economic development trends[182]. Employee and Staffing - As of March 31, 2024, the Group had 226 full-time employees, an increase from 202 employees as of March 31, 2023[94]. - Total staff costs for the year ended March 31, 2024, amounted to approximately RMB 26.0 million, up from RMB 23.4 million for the previous year, primarily due to the increase in staff numbers[94].

Financial Performance - Total revenue for the year ended March 31, 2023, was RMB 394,107,000, with property development revenue at RMB 382,004,000 and rental income at RMB 12,103,000[17]. - The company reported a total of RMB 8,940,000 in other income for the year, a significant decrease from RMB 550,510,000 in the previous year[17]. - Revenue fell by 70.5% from RMB 394,100,000 for the year ended March 31, 2023, to RMB 116,100,000 for the year ended March 31, 2024, primarily due to the significant drop in property sales[79]. - The group reported an adjusted loss of RMB 193,330 for the year, compared to a profit of RMB 366,009 in the previous year[52]. - The gross profit recorded was approximately RMB 9,900,000 with a gross margin of about 8.5%, down from RMB 56,100,000 and 14.2% respectively for the previous year[82]. - The gross profit margin for property leasing was 64.9% for the year ended March 31, 2024, compared to 71.2% in the previous year[106]. Assets and Liabilities - The company reported a decrease in net assets from RMB 397,612,000 in 2023 to RMB 228,874,000 in 2024, reflecting a significant decline[2]. - The total non-current liabilities increased slightly from RMB 388,483,000 in 2023 to RMB 396,043,000 in 2024, indicating a rise in financial obligations[2]. - The company’s equity attributable to shareholders decreased from RMB 397,612,000 in 2023 to RMB 228,874,000 in 2024, indicating a substantial reduction in shareholder value[2]. - The company’s deferred tax liabilities decreased from RMB 131,498,000 in 2023 to RMB 97,905,000 in 2024, suggesting improved tax management[2]. - The total amount of properties under development and completed properties held for sale increased to approximately RMB 1,606,800,000 as of March 31, 2024, compared to RMB 1,597,800,000 as of March 31, 2023[187]. Cash Flow and Financing - The company’s cash flow is expected to be sufficient to maintain operations, supporting the going concern basis for financial reporting[5]. - The group’s cash and bank balances at the end of the reporting period amounted to RMB 8,860,000, a decrease from RMB 20,201,174 in 2023[32]. - Cash and bank deposits decreased by approximately 23.3% to RMB 53,600,000 as of March 31, 2024, from RMB 69,900,000 in the previous year[126]. - The net cash outflow from operating activities was RMB 81,900,000 for the year ended March 31, 2024, compared to RMB 67,100,000 for the year ended March 31, 2023[192]. - The group’s bank loans totaled RMB 231,000,000 with fixed interest rates ranging from 7.3% to 7.35%[64]. - The interest expense on bank and other borrowings increased significantly to RMB 61,772,000 from RMB 19,861,000 in the previous year[112]. Property Development and Sales - The group confirmed property sales from completed projects totaling approximately RMB 67,100,000, with a total construction area of 13,046 square meters[79]. - The group's property sales decreased by approximately RMB 279,200,000 or 80.0%, from RMB 349,100,000 for the year ended March 31, 2023, to about RMB 69,900,000 for the year ended March 31, 2024[75]. - The group is focusing on land replenishment in Northeast China, given the uncertainty in the real estate market[74]. - The group has two ongoing residential projects, with the second phase of the Guanzhong Jiuxi Hongfu project completed in April 2024[100]. - The group plans to diversify its real estate development business to mitigate risks and create sustainable business development models[96]. Market Conditions and Risks - The group is closely monitoring risks associated with the Chinese property market, including policy changes and economic conditions, focusing on the Northeast region where it has extensive experience[193]. - The group faces risks related to the national and regional property markets, which may adversely affect its business and financial performance[193]. - The group’s cash flow risk is a concern, necessitating careful management of liquidity[194]. Employee and Operational Costs - Total employee costs for 2024 were RMB 24,896, an increase from RMB 22,154 in 2023[47]. - As of March 31, 2024, the total employee cost amounted to RMB 26,000,000, an increase from RMB 23,400,000 as of March 31, 2023, primarily due to an increase in the number of employees[168]. Corporate Governance and Compliance - The group has complied with the corporate governance code as per the listing rules for the year ended March 31, 2024[169]. - The group did not incur any significant losses from the guarantees provided for mortgage loans during the year[176]. - The group’s independent auditor confirmed that the financial statements reflect a true and fair view of the group's financial position as of March 31, 2024[183].

Financial Performance - For the six months ended September 30, 2023, the Group's overall revenue was approximately RMB 44.0 million, representing a decrease of 86.9% compared to RMB 335.5 million for the same period in 2022[15]. - The Group reported a gross profit of RMB 15.8 million for the six months ended September 30, 2023, down from RMB 54.3 million in the same period last year[15]. - The net loss for the period was RMB 79.9 million, a significant decline from a net profit of RMB 416.6 million for the six months ended September 30, 2022[15]. - Revenue for the six months ended September 30, 2023, was RMB 44,002,000, a significant decrease of 87.8% compared to RMB 335,505,000 for the same period in 2022[132]. - Gross profit for the same period was RMB 15,841,000, down 70.8% from RMB 54,274,000 in the previous year[132]. - Loss before tax amounted to RMB 86,159,000, compared to a profit of RMB 517,672,000 in the prior year, indicating a substantial decline in performance[132]. - The company reported a loss for the period of RMB 79,919,000, contrasting sharply with a profit of RMB 416,562,000 in the same period last year[132]. Revenue Sources - The property development and management segment generated revenue of RMB 37,558,000, while the property investment segment contributed RMB 6,444,000[171]. - Revenue from property sales was RMB 21,009,000, with property management service income contributing RMB 16,549,000[176]. - Rental income for the period was RMB 6,444,000, indicating a focus on property investment as a revenue source[176]. - Other income totaled RMB 251,000, a significant decrease from RMB 540,596,000 in the previous year, primarily due to the reversal of write-downs of properties under development[184]. Expenses and Costs - Administrative expenses increased by RMB5.6 million to RMB22.1 million, attributed to higher travel and office expenditures, as well as a one-off commission for the placement of Convertible Bonds[43]. - Other income decreased from RMB 540.6 million for the six months ended 30 September 2022 to RMB 300,000 for the six months ended 30 September 2023, primarily due to a reversal of impairment on the Fusong Property Project amounting to RMB 536.5 million[44]. - Finance costs for the period amounted to RMB 25,163,000, while the change in fair value of derivative financial instruments resulted in a loss of RMB 23,918,000[171]. - Total finance costs decreased to RMB 25,163,000 for the six months ended 30 September 2023, down 37.2% from RMB 39,818,000 in the same period of 2022[187]. - Cost of properties sold significantly reduced to RMB 18,696,000, a decrease of 93% compared to RMB 268,938,000 for the six months ended 30 September 2022[190]. Assets and Liabilities - Total current assets as of September 30, 2023, were RMB 1,777,341,000, an increase from RMB 1,720,449,000 as of March 31, 2023[134]. - Current liabilities totaled RMB 1,458,120,000, a slight decrease from RMB 1,499,626,000 at the end of the previous fiscal year[134]. - The company has a significant amount of bank and other borrowings amounting to RMB 418,354,000 as of September 30, 2023[134]. - Total non-current liabilities increased to RMB 516,016,000 as of September 30, 2023, from RMB 388,483,000 as of March 31, 2023, marking a rise of 32.9%[135]. - The Group's current portion of bank and other borrowings amounted to RMB 418.4 million, while unrestricted cash and cash equivalents were RMB 78.4 million[125]. Cash Flow and Liquidity - The Group recorded a net operating cash outflow of RMB5.2 million, an improvement from RMB21.3 million for the same period in 2022[95][99]. - The company reported a net cash inflow from financing activities of RMB 13,624,000 for the six months ended September 30, 2023, compared to RMB 2,609,000 in the same period of 2022, indicating a significant increase of 421.5%[139]. - Cash and cash equivalents increased to RMB 78,371,000 from RMB 69,939,000, reflecting improved liquidity[134]. - The Group's unrestricted cash and cash equivalents were RMB 78,371,000, indicating potential liquidity challenges[152]. Strategic Developments - The Group completed the placing of convertible bonds with a principal amount of HK$ 60 million in June 2023, intended for new projects and debt repayment[13]. - A joint venture was established in June 2023 for a property development project in Dunhua City, with a total site area of approximately 64,880 square meters[11]. - The Group plans to continue replenishing its land reserve in the Northeastern area of the PRC, focusing on local experience amid market uncertainties[18]. - The Group plans to utilize net proceeds from fundraising activities for potential acquisitions and projects, with RMB30.85 million unutilized as of September 30, 2023[102]. Market Conditions and Future Outlook - The Group's financial position may be impacted by the current conditions in the property market and limited financing sources from the capital market[152]. - The directors believe the company can continue as a going concern despite the significant uncertainties regarding its operational viability[129]. - The Group anticipates continuous financial support from its major shareholders, who have confirmed they will not demand repayment of loans within the next twelve months if the Group is unable to do so[161]. - The financial results indicate a need for strategic reassessment and potential market expansion to recover from the current downturn[171].