APT SATELLITE(01045)

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亚太卫星(01045) - 2022 - 中期财报
2022-09-16 09:16
Financial Performance - For the first half of 2022, the group's revenue was HKD 498,402,000, an increase of 10.75% compared to HKD 450,039,000 in the same period last year[9]. - Shareholders' profit attributable to the company was HKD 133,808,000, up 11.06% from HKD 120,478,000 in the previous year[9]. - Basic and diluted earnings per share were both HKD 0.1441, compared to HKD 0.1297 for the same period last year[9]. - EBITDA for the same period rose by 10.28% to HKD 413,245,000, while the EBITDA margin slightly decreased from 83.3% to 82.9%[33]. - The company reported a profit of HKD 133,808,000 for the six months ended June 30, 2022, representing an increase of 11.5% compared to HKD 120,478,000 in the same period of 2021[44]. - Total comprehensive income for the period was HKD 98,756,000, a significant decrease of 59.5% from HKD 243,301,000 in the previous year[44]. - The company’s trade receivables increased significantly to HKD 279,261,000, up 99.9% from HKD 139,540,000 year-over-year[46]. - The company’s pre-tax profit was impacted by net losses of HKD 6,301,000 and foreign exchange losses of HKD 1,330,000[59]. Dividends - The board declared an interim dividend of HKD 0.050 per share, an increase from HKD 0.040 per share in the previous year[10]. - The interim dividend proposed for the six months ended June 30, 2022, is HKD 0.05 per share, an increase from HKD 0.04 per share in 2021, totaling HKD 46,429,000 compared to HKD 37,143,000 in the previous year[64]. - The company paid dividends amounting to HKD 8,370,000, an increase from HKD 5,603,000 in the previous year[46]. Revenue Sources - Revenue from satellite transponder capacity increased by 10.13% to HKD 456,962,000, while revenue from satellite broadcasting and telecommunications services decreased by 6.45% to HKD 2,219,000[27]. - Revenue from satellite transponder capacity was HKD 456,962,000, up from HKD 414,919,000, indicating a growth of 10.1% year-over-year[57]. - The company generated HKD 235,747,000 in revenue from the Greater China region, an increase from HKD 207,152,000 in the previous year, reflecting a growth of 13.8%[56]. - Revenue from satellite transponder capacity and satellite telecommunications services from subsidiaries reached 183,798 thousand for the six months ended June 30, 2022, up from 143,791 thousand in the previous year[87]. Assets and Liabilities - The total cash and bank balance as of June 30, 2022, was HKD 1,372,977,000, reflecting a slight increase of 0.66% from HKD 1,363,964,000[25]. - The total liabilities of the group as of June 30, 2022, amounted to HKD 1,169,849,000, an increase of HKD 8,594,000 compared to the previous year[35]. - The company's non-current assets decreased to HKD 5,526,836,000 from HKD 5,766,823,000, reflecting a decline of 4.2%[46]. - Current assets increased to HKD 1,685,521,000, up 10.3% from HKD 1,528,541,000 year-over-year[46]. - The asset-liability ratio increased to 16.2% from 15.9% year-on-year, indicating a slight increase in financial leverage[25][26]. - The company’s total equity as of June 30, 2022, was HKD 6,042,508,000, down from HKD 6,134,109,000, a decline of 1.5%[47]. Cash Flow - The net cash outflow for the six months ended June 30, 2022, was HKD 400,725,000, which included a net cash inflow from operating activities of HKD 223,398,000[36]. - The net cash generated from operating activities was HKD 223,398,000, compared to HKD 151,730,000 in the previous year, indicating a growth of 47.1%[50]. - The company experienced a net decrease in cash and cash equivalents of HKD 400,725,000, compared to a decrease of HKD 1,308,000 in the prior year[50]. - Cash and cash equivalents totaled 291,930 thousand as of June 30, 2022, down from 701,847 thousand as of December 31, 2021[79]. Corporate Governance - The group continues to maintain strict corporate governance standards, particularly in internal controls and regulatory compliance[23]. - The company has complied with the Corporate Governance Code during the six-month period ending June 30, 2022, with the exception of the provision regarding the rotation of the chairman and CEO[98]. - The company’s board of directors has confirmed compliance with the standards of the code of conduct regarding securities transactions during the period from January 1, 2022, to June 30, 2022[99]. - The Audit and Risk Management Committee reviewed the accounting principles and practices adopted by the group during the six-month period ending June 30, 2022[101]. Market Conditions - The group is facing increased market expansion pressure in the satellite transponder leasing business due to ongoing competition and the impact of COVID-19[21]. - The company plans to expand its traditional satellite resource leasing business while also exploring new satellite project investments and business areas[21]. Investments and Commitments - The company has committed to invest HKD 736,000,000 in Asia-Pacific Satellite Broadband Communication (Shenzhen) Co., Ltd., maintaining its 30% equity stake in the venture[74]. - The company has unprovided capital commitments of 215,683 thousand as of June 30, 2022, compared to 223,658 thousand as of December 31, 2021[86]. Review and Compliance - The review findings are based on the agreed terms outlined in the engagement letter[103]. - The firm does not express an audit opinion on the interim financial information[105]. - The report emphasizes the limited scope of the review compared to a full audit[104].
亚太卫星(01045) - 2021 - 年度财报
2022-04-20 08:50
Financial Performance - The revenue for the fiscal year ended December 31, 2021, was HKD 927,807,000, an increase of HKD 38,576,000 or 4.3% compared to HKD 889,231,000 in 2020[16] - The profit before tax for 2021 was HKD 318,910,000, up by HKD 37,463,000 or 13.3% from HKD 281,447,000 in 2020[17] - The profit attributable to shareholders for 2021 was HKD 263,382,000, representing an increase of HKD 31,290,000 or 13.8% compared to HKD 231,462,000 in 2020[18] - The basic and diluted earnings per share for 2021 were HKD 0.2836, compared to HKD 0.2488 in 2020[18] - The company's net profit attributable to shareholders for 2021 was HKD 263,382,000, up from HKD 231,462,000 in 2020[37] - Gross profit increased by 13.4% to HKD 446,396,000 in 2021 from HKD 393,819,000 in 2020[52] - EBITDA for 2021 was HKD 733,826,000, reflecting an 8.5% increase compared to HKD 676,106,000 in 2020[52] - Other net income decreased to HKD 43,957,000, a decline of 30.3% from HKD 63,070,000 in 2020, primarily due to a reduction in insurance and other compensation income[55] Dividends - The company declared an interim cash dividend of HKD 0.04 per share and a proposed final cash dividend of HKD 0.205 per share for the fiscal year 2021[19] - The board proposed a final dividend, details of which are included in the consolidated financial statements[70] Assets and Liabilities - The company has a cash and bank deposit balance of approximately HKD 1,363,964,000 as of December 31, 2021[38] - The company's total assets increased by 1.4% to HKD 7,295,364,000 in 2021 from HKD 7,195,891,000 in 2020[52] - Total liabilities as of December 31, 2021, were HKD 1,161,255,000, a decrease of HKD 94,129,000 from the previous year, resulting in a debt-to-asset ratio of 15.9%, down 1.5 percentage points[64] - The debt-to-asset ratio improved to 15.9% in 2021 from 17.4% in 2020, a decrease of 1.5 percentage points[52] Market Expansion and Operations - The company is actively expanding its market presence in mainland China and Southeast Asia, achieving positive growth in business volume despite a challenging market environment[30] - The company is set to launch the AsiaSat 6E satellite in 2023, which will enhance its broadband satellite services[28] - The company has established ground station facilities in Hong Kong, Australia, Indonesia, and Malaysia to support high-throughput satellite operations[29] - The company aims to explore new satellite project investments and expand into new business areas to enhance its competitive and service capabilities[32] Corporate Governance - The company maintains high standards of corporate governance and oversight by the board[86] - The board has established various committees, including an audit and risk management committee, to ensure high standards of corporate governance[75] - The board is responsible for ensuring the company maintains robust internal controls to protect shareholder investments and company assets[112] - The company has established an insider information policy to ensure timely and effective disclosure to the public in accordance with relevant laws and regulations[118] Environmental, Social, and Governance (ESG) - The company emphasizes environmental protection, social responsibility, and corporate governance (ESG), adhering to the guidelines set forth by the stock exchange[129] - The company has identified 39 significant ESG issues through stakeholder consultations and ranked them based on a survey conducted among internal and external stakeholders[134] - The top 10 significant ESG issues include operational compliance, quality management, and customer privacy protection, with operational compliance ranked first[135] - The company has made progress in controlling waste generation and radiation emissions from its satellite ground stations[127] Employee Welfare and Training - The group reported zero work-related injuries in 2021, maintaining a work injury rate of 0%[142] - The group provided annual health checks for employees to promote health awareness and compliance with safety regulations[141] - The group emphasizes employee training, providing both internal and external training programs to enhance skills and knowledge[145] - The number of employees receiving training increased to 96 in 2021, representing 87.3% of the workforce, up from 100 employees or 90.9% in 2020[146] Environmental Impact - The company reported a slight decrease of 0.17% in nitrogen oxide emissions in 2021 compared to 2020, with total emissions recorded at 53,806.92 grams[173] - Total greenhouse gas emissions rose by 11.89% in 2021, amounting to 5,425,536 kg CO2 equivalent, attributed to higher electricity consumption[177] - The company aims to further reduce the use of gasoline vehicles and consider electric vehicles to protect the environment[171] - The company continues to monitor environmental impacts related to satellite launches, which are regulated by national licenses and third-party insurance[195]
亚太卫星(01045) - 2021 - 中期财报
2021-09-15 08:33
· 全球直播 by APT Satellite 亞 太 衛 星 控 股 有 限 公 司 (於百慕煊註冊成立之有限公司) (股份代號: 1045) 中期報告2021 如欲索取進一步資料,請聯絡我們: 地址: 香港新界大埔大埔工業邨大貴街22號 電話: +852 2600 2100 傳真: +852 2522 0419 電郵: investors@apstar.com(投資者關係部) aptmk@apstar.com(市場及銷售部) 網址: www.apstar.com 公司簡介 亞太衛星控股有限公司(「本公司」)(股份代號1045)為香港聯合交易所有限公司上市之公司,全資 擁有亞太通信衛星有限公司(本公司及其附屬子公司統稱為「亞太衛星集團」)。 亞太衛星集團自一九九二年開始營運,現運營亞太5C、亞太6C、亞太7號和亞太9號衛星,並通過聯 營公司亞太衛星寬帶通信(深圳)有限公司運營亞太6D衛星。亞太衛星系统覆蓋亞洲、歐洲、非洲 和澳大利亞等全球約75%人口之地區,為廣播和電信客戶提供優質的衛星轉發器、衛星通信與衛星 電視廣播傳輸服務。 亞太衛星集團擁有先進的亞太衛星系統,提供周致和高品質的服務,使亞太衛星集團成為 ...
亚太卫星(01045) - 2020 - 年度财报
2021-04-16 08:35
APSTA by APT Satellite 亞 太 衛 星 控 股 有 限 公 司 · (於百慕達註冊成立之有限公司) 国 足 B 如欲索取進一步資料,請聯絡我們: 地址:香港新界大埔大埔工業邨大貴街22號 電話:+852 2600 2100 傳真:+852 2522 0419 電郵:investors@apstar.com(投資者關係部) aptmk@apstar.com(市場及銷售部) 網址:www.apstar.com 亞太衛星控股有限公司(「本公司」)(股份代號1045)為香港聯 合交易所有限公司上市之公司,全資擁有亞太通信衛星有限 公司(本公司及其附屬子公司統稱為「亞太衛星集團」)。 亞太衛星集團自一九九二年開始營運,現運營亞太5C、亞太 6C、亞太7號和亞太9號衛星,並通過聯營公司亞太衛星寬帶 通信(深圳)有限公司運營亞太6D衛星。亞太衛星系统覆蓋亞 洲、歐洲、非洲和澳大利亞等全球約75%人口之地區,為廣播 和電信客戶提供優質的衛星轉發器、衛星通信與衛星電視廣 播傳輸服務。 亞太衛星集團擁有先進的亞太衛星系統,提供周致和高品質 的服務,使亞太衛星集團成為亞太地區領先的優秀衛星運營商。 2020 ...
亚太卫星(01045) - 2020 - 中期财报
2020-09-14 08:40
APSTAR by APT Satellite 亞 太 衛 星 控 股 有 限 公 司 * (於百慕遂註冊成立之有限公司) (股份代號: 1045) 中 期 報 告 o · 區 供 碳 別 公司簡介 亞太衛星控股有限公司(「本公司」)(股份代號1045)為香港聯合交易所有限公司上市之公司,全資 擁有亞太通信衛星有限公司。本公司及其附屬公司統稱為「亞太衛星集團」。 亞太衛星集團自一九九二年開始營運,現擁有和經營亞太5C、亞太6C、亞太7號、亞太9號及亞太6 號等在軌衛星(「亞太衛星系統」),覆蓋亞洲、歐洲、非洲和澳大利亞等全球約75%人口之地區,為 這些地區之廣播和電信客戶提供優質的衛星轉發器、衛星通信與衛星電視廣播傳輸服務。 亞太衛星集團先進的亞太衛星系統,以及周致和高品質的服務,使亞太衛星集團成為亞太地區領先 的優秀衛星運營商。 | --- | --- | --- | --- | --- | |--------|--------------------------------------------------------------------------|-------|-------|-------| ...
亚太卫星(01045) - 2019 - 年度财报
2020-04-16 08:32
s Jaka | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|----------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | APSTAR | | | | | | | | | | ng | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 二零一九年年報 | | | | 如欲索取進一步資料,請聯絡我們: 地址: 香港新界大埔大埔工業邨大貴街22號 電話: +852 2600 2100 傳真: +852 2522 0419 電郵: investors@apstar.com(投資者關係部) aptmk@apstar.com(市場及銷售部) 網址: www.apstar.com 公司簡介 亞太衛星控股有限公 ...
亚太卫星(01045) - 2019 - 中期财报
2019-09-11 08:31
Financial Performance - For the first half of 2019, the group's revenue was HKD 564,976,000, a decrease of 9.4% compared to HKD 623,343,000 in the same period of 2018[5] - Shareholders' profit attributable to the company was HKD 234,666,000, down 16.1% from HKD 279,558,000 in the previous year[5] - Basic and diluted earnings per share were both HKD 0.2521, compared to HKD 0.3003 for the same period in 2018[5] - Revenue for the six months ended June 30, 2019, was HKD 564,976,000, a decrease of 9.4% compared to HKD 623,343,000 for the same period in 2018[24] - EBITDA for the same period decreased to HKD 467,326,000, with an EBITDA margin of 82.7%, down from 83.9% in the previous year[28] - The company reported a net profit attributable to shareholders of HKD 234,666,000, a decrease of 16.1% from HKD 279,558,000 in the prior year[24] - Operating profit for the period was HKD 287,176,000, compared to HKD 330,579,000 in the previous year[42] - The company's profit for the six months ended June 30, 2019, was HKD 234,666,000, a decrease of 16.0% compared to HKD 279,558,000 for the same period in 2018[44] - Total comprehensive income for the same period was HKD 234,660,000, down from HKD 274,315,000, reflecting a decline of 14.5%[44] Dividend and Shareholder Information - The board declared an interim dividend of HKD 0.045 per share, an increase from HKD 0.040 per share in the previous year[6] - The proposed interim dividend per share increased to HKD 0.045 from HKD 0.040 in 2018, with total dividends payable amounting to HKD 41,886,000 compared to HKD 37,232,000 in the previous year[74] - As of June 30, 2019, major shareholders include China Aerospace Science and Technology Corporation with 54.67% equity, China Satcom Group Co., Ltd. with 53.22%, and APT Satellite International Company Limited with 51.78%[107] - The company’s major shareholders include Temasek Holdings and Singapore Telecommunications, each holding approximately 5.51% equity[107] Assets and Liabilities - The total cash and bank balances as of June 30, 2019, were HKD 548,061,000, a decline of 20.2% from HKD 686,848,000 at the end of 2018[21] - The total assets decreased by 3.3% to HKD 6,915,041,000 from HKD 7,154,466,000 at the end of 2018[21] - Total liabilities as of June 30, 2019, were HKD 1,139,937,000, a reduction of HKD 368,478,000 compared to December 31, 2018, primarily due to the repayment of the 2016 financing[32] - The debt-to-asset ratio decreased to 16.5%, down 4.6 percentage points from December 31, 2018[32] - The group recorded a net cash outflow of HKD 482,366,000 for the six months ended June 30, 2019, compared to a net inflow of HKD 117,049,000 in the same period last year[32] - The company's total equity as of June 30, 2019, was HKD 5,775,104,000, up from HKD 5,647,487,000 at the end of 2018, representing an increase of 2.3%[47] Satellite Operations and Services - The satellite fleet, including Apstar 5C, 6C, 7, and 9, continues to operate well, providing stable and reliable services[7] - The satellite system covers over 75% of the global population, enhancing service capabilities across Asia, Australia, the Middle East, Africa, Europe, and the Pacific[8] - Apstar 5C satellite, launched on September 10, 2018, has expanded coverage, particularly in Southeast Asia, providing improved communication services[9] - Apstar 6C satellite began commercial operations on July 1, 2018, successfully replacing Apstar 6 without impacting business operations[10] - Apstar 7 satellite is positioned at 76.5 degrees East, equipped with 28 C-band and 28 Ku-band transponders, covering the Asia-Pacific region, the Middle East, Africa, and Europe[11] - The company experienced a significant decline in revenue from satellite broadcasting and telecommunications services, which fell by 58.0% to HKD 4,527,000[22] - Other satellite-related service revenue increased by 118.3% to HKD 42,185,000, compared to HKD 19,323,000 in the previous year[22] Financial Management and Costs - Financial costs for the period increased to HKD 6,312,000, attributed to costs related to the commercial operation of satellites[25] - Capital expenditure for the period was HKD 110,723,000, a significant decrease from HKD 515,809,000 in the same period last year[29] - The group maintained a conservative capital management policy, ensuring a solid foundation for future development[34] - The company plans to continue focusing on operational efficiency and cost management to improve profitability in the upcoming quarters[49] Compliance and Governance - The interim financial report is prepared in accordance with the Hong Kong Stock Exchange Listing Rules and International Accounting Standards, reflecting the same accounting policies as the previous year[51] - The report includes a summary of consolidated financial statements and important events affecting the group's financial position since the last annual report[52] - The interim financial report has been reviewed by KPMG in accordance with the Hong Kong Institute of Certified Public Accountants' standards[52] - The company complied with the Corporate Governance Code as of June 30, 2019, with some exceptions regarding the tenure of non-executive directors[114] - The company has adopted a code of conduct for directors' securities transactions that meets or exceeds the standards set by the Corporate Governance Code[115] Lease Accounting and Standards - The company has initiated the application of the revised International Financial Reporting Standards regarding leases, which may impact future financial reporting[44] - The new International Financial Reporting Standard 16 on leases has been adopted, requiring all leases to be capitalized, excluding short-term leases and low-value assets[54] - The group has chosen to apply the modified retrospective approach for the adoption of the new lease standard, adjusting the opening equity balance as of January 1, 2019[54] - The group will capitalize all leases, including those previously classified as operating leases under the old standard, except for short-term and low-value leases[56] - The group recognized lease liabilities and right-of-use assets for leases with a remaining lease term of less than 12 months as of the first application date[61] - The total amount of lease liabilities recognized as of January 1, 2019, was adjusted based on the present value of future lease payments[63] - The group’s property, plant, and equipment increased from HKD 5,393,820,000 to HKD 5,418,578,000 due to the capitalization of operating leases[64] - The intangible assets increased from HKD 133,585,000 to HKD 312,848,000 following the adoption of IFRS 16[64] Revenue Breakdown - Revenue from Hong Kong, Greater China, Southeast Asia, and other regions for the six months ended June 30, 2019, was HKD 51,140,000, HKD 206,796,000, HKD 225,021,000, and HKD 82,019,000 respectively, compared to HKD 61,482,000, HKD 163,964,000, HKD 302,075,000, and HKD 95,822,000 for the same period in 2018[66] - Revenue from satellite transponder capacity and telecommunications services from a subsidiary amounted to 54,297,000 HKD for the six months ended June 30, 2019, down from 88,308,000 HKD in the same period of 2018[104] - The company reported interest income from loans to associates' subsidiaries of 0 HKD for the current period, compared to 2,827,000 HKD in the previous period[104] - The company reported a total of 50,209,000 HKD in revenue from technical support and project management services provided to associates during the reporting period[104]
亚太卫星(01045) - 2018 - 年度财报
2019-04-15 10:33
(於百慕達註冊成立之有限公司) (股份代號: 1045) 年 報 2018 2018 Annual Report (Incorporated in Bermuda with limited liability) (Stock Code: 1045) 二零一八年年報 ANNUAL REPORT 2018 公司簡介 亞太衛星控股有限公司(「本公司」)(股份代號1045)為香港聯合交易所有限公司上市之公司,全資擁有亞太通信衛星 有限公司(本公司及其附屬公司統稱為「亞太衛星集團」)。 亞太衛星集團自一九九二年開始營運,現擁有和經營亞太5C、亞太6C、亞太7號及亞太9號等在軌衛星(「亞太衛星系 統」),覆蓋亞洲、歐洲、非洲和澳大利亞等全球約75%人口之地區,為這些地區之廣播和電信客戶提供優質的衛星轉 發器、衛星通信與衛星電視廣播傳輸服務。 亞太衛星集團先進的亞太衛星系統,以及周致和高品質的服務,使亞太衛星成為亞太地區領先的優秀衛星運營商。 | 如欲索取進一步資料,請聯絡我們: | | | --- | --- | | 地址: | 香港新界大埔大埔工業邨大貴街22號 | | 電話: | +852 2600 2100 | | ...