Financial Performance - For the first half of the fiscal year 2021/2022, the company recorded revenue of approximately HKD 48.95 million and a profit of HKD 196.79 million[18]. - Total revenue for the period was HKD 48.95 million, a 1.41% increase from HKD 48.27 million in the same period last year[78]. - The company recorded a profit of HKD 196.79 million for the period, down from HKD 425.41 million in the previous year, primarily due to expected credit loss provisions of HKD 340.01 million[78]. - The profit attributable to the company's owners for the period was HKD 196,794, down 53.8% from HKD 425,413 in the prior year[164]. - Total comprehensive income attributable to the company's owners was HKD 210,447, a decline of 53.3% from HKD 450,352 year-on-year[164]. - The company reported a pre-tax profit of HKD 192,681, a decrease of 58.4% compared to HKD 462,773 in the previous year[164]. - The company’s earnings per share decreased to HKD 0.07, down from HKD 0.15 in the previous year, reflecting a 53.3% decline[164]. Asset and Equity Management - As of September 30, 2021, the company's net assets increased from HKD 45.27 billion to approximately HKD 51.21 billion[18]. - The company's total assets increased to HKD 5,627,065, up from HKD 5,368,288, representing a growth of 4.8%[169]. - The total equity of the company rose to HKD 5,121,002, an increase of 13.1% compared to HKD 4,527,179 in the previous period[169]. - The company's equity and total issued shares as of September 30, 2021, were HKD 5.12 billion and 3,481,128,000 shares, respectively, compared to HKD 4.53 billion and 2,900,940,000 shares as of March 31, 2021[92]. Investment Strategy and Portfolio - The investment strategy has been upgraded to include private equity, portfolio management, and trading businesses, enhancing liquidity and risk-return profiles[19]. - The company aims to optimize its investment layout around the digital economy, leveraging new technologies such as AI, blockchain, and big data[22]. - The overall investment portfolio performance remains robust due to prudent and proactive investment strategies and strict risk management measures[18]. - The company continues to focus on investment opportunities in high-growth industries in China, with a strategic emphasis on private equity, portfolio management, and trading[29]. - As of September 30, 2021, the company invested a total of HKD 4.2037 billion during the period, while exit investments amounted to HKD 5.5908 billion, primarily from debt instruments and listed securities[30]. - The current investment portfolio's top four sectors—healthcare, environment and industrial, technology, media and telecommunications, and debt and other investment tools—account for 73.8% of total holdings[33]. - The company is committed to exploring investment opportunities in frontier technology sectors such as the metaverse, blockchain, smart manufacturing, new energy, and fintech[30]. Capital Raising and Financial Position - The company raised approximately HKD 383 million in the capital market since 2021, expanding its shareholder resources and capital base[23]. - The group issued 580,188,000 new ordinary shares at a subscription price of HKD 0.66 per share, raising approximately HKD 382.9 million[110]. - The group plans to use the net proceeds of approximately HKD 382.8 million from the August subscription for general working capital and investment projects[111]. - The company had cash and bank balances of HKD 127.29 million as of September 30, 2021, compared to HKD 66.61 million as of March 31, 2021[77]. - The company reported a net cash outflow from operating activities of HKD (231,968), compared to HKD (54,626) in the previous year, indicating a significant increase in cash used[178]. - The company reported an increase in cash and cash equivalents of HKD 60,678,000, compared to a decrease of HKD 76,040,000 in the previous year[181]. Governance and Compliance - The company has improved its internal systems to ensure fair, accurate, and complete information disclosure, enhancing governance standards[26]. - The company has adopted a policy for directors and employees regarding securities trading, ensuring compliance with relevant regulations[120]. - The independent review report concluded that there were no matters that would lead to a belief that the interim financial information was not prepared in accordance with the relevant accounting standards[159]. - The company’s audit committee, composed of three independent non-executive directors, reviewed the accounting principles and practices adopted by the group[152]. Shareholder Information - Dr. Liu Zhiwei holds 427,174,000 shares, representing 12.27% of the company's total share capital[127]. - Major shareholders include Mr. Gao Bo and Mr. Zhang Zhiping, each holding 359,800,000 shares, which is 10.34% of the total[133]. - FT Life Insurance Company Limited holds 290,000,000 shares, accounting for 8.33% of the total[137]. - CMAM Investment Fund SPC holds 197,400,000 shares, representing 5.67% of the total[136]. Market and Economic Conditions - The company is focused on maximizing the value of its capital and financing capabilities amid ongoing global economic challenges due to the COVID-19 pandemic[30]. - The ongoing reforms and opening of China's financial market are expected to enhance investment opportunities for international investors, benefiting Southern Dongying's fund management capabilities[51].

Financial Performance - The company recorded a revenue of approximately HKD 111 million and a profit of HKD 373 million for the year, compared to a loss of HKD 1.372 billion in the previous year[11]. - The net asset value per share increased from HKD 1.42 to HKD 1.56 year-on-year[11]. - Total revenue for the year was HKD 110.52 million, a decrease of 39.21% from HKD 181.82 million in the previous year, mainly due to reduced interest income from exited debt instruments[55]. - The company recorded a profit of HKD 372.56 million for the year, a turnaround from a loss of HKD 1.37267 billion in the previous year, driven by changes in unrealized gains on investments[55]. - The expected credit loss provision was reversed by HKD 74.71 million, compared to a provision of HKD 666.95 million in the previous year, indicating improved credit quality[56]. - The operating and administrative expenses totaled HKD 62.14 million, a decrease from HKD 156.01 million in the previous year, primarily due to reduced employee costs and depreciation[57]. - The company's equity as of March 31, 2021, was HKD 4.53 billion, an increase from HKD 4.11 billion as of March 31, 2020[62]. - The total interest income from debt instruments amounted to HKD 101.38 million, with interest rates ranging from 6% to 11.5%, compared to HKD 177.84 million and rates from 5% to 20% in the previous year[53]. Investment Strategy - The company has upgraded its investment strategy to focus on three main engines: equity investment, portfolio management, and trading business[13]. - Key investment areas include smart manufacturing, biotechnology, new energy, financial technology, and blockchain, aligning with China's economic and technological development trends[14]. - The company aims to leverage its capital to empower quality enterprises and create substantial returns for investors[12]. - The strategic focus is on cross-border, cross-industry, and cross-cycle investment philosophy to capture emerging investment opportunities[13]. - The company emphasizes long-term core holdings while balancing liquidity and return rates through a combination of long, medium, and short-term investment strategies[13]. - The company has adopted a three-engine investment strategy focusing on core holdings in private equity, portfolio management, and trading, with long-term core holdings remaining a strategic priority[24]. - The company aims to enhance its competitive advantage by integrating financial technology and blockchain into its operations, aligning with national strategic initiatives[19]. - The company anticipates significant mid-term investment returns from its focus on emerging industries and quality investment projects[49]. Investment Portfolio - As of March 31, 2021, the company's investment portfolio is concentrated in four main sectors: healthcare and wellness, environment and industrial, technology, media and telecommunications, and financial services, accounting for 77.4% of total investments[29]. - Huake Capital's holdings in private equity, venture capital, and others amounted to HKD 30.2674 billion as of March 31, 2021, with new investments of HKD 15.2256 billion during the year[44]. - The company invested HKD 16.594 billion in private equity and listed securities during the fiscal year, while exiting investments totaled HKD 11.2107 billion, primarily from short-term debt instruments and listed securities[24]. - The investment in Dagan Holdings increased by 2% to HKD 8.3901 billion, with a net profit increase of 29.51% year-on-year as of December 31, 2020[44]. - Huake Capital's investment in Jiedaibao, a fintech company, was HKD 7.00 billion for a 1.97% stake, with a significant user base of 130 million individuals and 30,000 enterprises[47]. - The investment in Treasure Up Ventures Limited was valued at HKD 4.4676 billion as of March 31, 2021, reflecting a valuation increase due to market recovery[49]. Shareholder Information - The company expresses gratitude to shareholders, partners, and employees for their continued support and dedication[22]. - As of March 31, 2021, Dr. Liu Zhiwei held 392,850,000 shares, representing 13.54% of the issued share capital[108]. - Major shareholders include OPFGL and Mr. Zhang Gaobo, each holding 359,800,000 shares, equivalent to 12.40% of the issued share capital[113]. - FTLife Insurance Company Limited and Cheng Yu Tung Family (Holdings II) Limited each held 290,000,000 shares, representing 9.99% of the issued share capital[113]. - The public shareholding exceeds 25% of the total issued share capital as of the report date[128]. Governance and Management - The company has a strong governance framework, with independent directors overseeing key committees[82][84]. - The board currently comprises five members, including one executive director and four independent non-executive directors, ensuring a balanced skill set and appropriate experience[161]. - The company has adopted a board diversity policy, considering factors such as gender, age, cultural background, and professional experience[162]. - The independent non-executive directors have been evaluated for their independence and confirmed to meet the independence guidelines as per the listing rules[166]. - The company has committed to continuous improvement in governance practices, ensuring compliance with the latest developments in regulations[176]. - The audit committee, consisting of three independent non-executive directors, reviewed the annual performance and internal control systems of the company[150]. - The board of directors has established four committees: Audit Committee, Remuneration Committee, Nomination Committee, and Corporate Governance Committee, each with specific roles and responsibilities[176]. Operational Efficiency - The company has restructured its management team and organizational processes to strengthen internal management and operational efficiency for future growth[20]. - The company has established a comprehensive financial reporting structure, with detailed notes on subsidiary operations and segment data[91]. - The company has established a continuous connected transaction with Oriental Patron Capital Partners Limited under the agency agreement for HKD 1,106,000[144]. - The company incurred expenses of HKD 390,577 for office rental, building management fees, and government rates, payable to RFAL, which is linked to the company's executive director and CEO, Dr. Liu Zhiwei[146]. Market Outlook - The favorable development environment in China, including effective pandemic control and a robust manufacturing base, is expected to provide excellent investment opportunities in 2021[21]. - The company is positioned to benefit from the modernization of the manufacturing sector as outlined in China's 14th Five-Year Plan[15]. - The company anticipates continued growth in the private fund market in China, benefiting OPIM Holdings Limited's business expansion[42].

Financial Performance - The company reported revenue of approximately HKD 48.27 million and a profit of about HKD 425 million for the first half of the 2020/21 fiscal year[11]. - For the period, the company reported a revenue of HKD 434.96 million, a significant increase of 149.7% compared to the same period last year[59]. - Total income for the period was HKD 48.27 million, a decrease of 54.5% year-on-year from HKD 106.13 million, primarily due to the exit from certain debt instruments and listed securities[61]. - The comprehensive income for the period was HKD 426.75 million, up 60.5% from HKD 265.91 million in the same period last year[59]. - The net profit for the period was HKD 425,413,000, compared to HKD 266,064,000 in the prior year, indicating a significant increase of 60%[130]. - Basic earnings per share for the period were 14.66 cents, compared to 9.17 cents in the previous year, representing an increase of 60.5%[132]. - The company reported a total of four debt investments that contributed interest income of HKD 11,947,000, HKD 10,600,000, HKD 9,180,000, and HKD 6,578,000, each accounting for 10% or more of total revenue[198]. Investment Strategy - The company focuses on high-growth industries in China, including digital health, financial services, technology, and environmental protection[14]. - The investment strategy includes long-term core holdings, mid-term private equity, venture capital, and short-term arbitrage opportunities[16]. - The company aims to capture investment opportunities based on a deep understanding of the Chinese economy and policies[14]. - The investment strategy emphasizes identifying market leaders in high-growth industries, particularly in China[17]. - The company plans to continue adjusting short-term projects to capture investment returns while nurturing future leading enterprises[14]. - The company is committed to prudent investment strategies and rigorous risk management[11]. Asset Management - Net assets increased from HKD 4.114 billion six months ago to approximately HKD 4.566 billion as of September 30, 2020[11]. - As of September 30, 2020, the company's core holdings amounted to HKD 1.30938 billion, with significant investments in Carbon Cloud Intelligent Group, Southern Eastern Asset Management, and OPIM Holdings[23]. - The largest holding in the healthcare sector is Carbon Cloud Intelligent Group, with a stake of 7.7% valued at HKD 1.14554 billion[24]. - The investment portfolio is diversified across sectors, with healthcare and financial services representing 17.1% and 20.9% respectively[20]. - The company has invested HKD 1.2987 billion in Victorian Investment Limited Partnership, focusing on the growth potential of China's healthcare industry[47]. Financial Stability - The company's net asset value increased to HKD 4.56631 billion, or HKD 1.57 per share, as of September 30, 2020, compared to HKD 4.11444 billion and HKD 1.42 per share as of March 31, 2020[55]. - The company has a low debt-to-equity ratio of 0.09 as of September 30, 2020, down from 0.16 as of March 31, 2020[55]. - The debt-to-equity ratio was 4.6% as of September 30, 2020, down from 10.7% as of March 31, 2020, indicating improved financial stability[72]. - The company’s current liabilities decreased to HKD 347,212,000 from HKD 610,164,000, a reduction of 43%[136]. - The company has no major investment or capital asset plans as of September 30, 2020, but may engage in discussions for potential investments[92]. Market Conditions - The company acknowledges the ongoing challenges posed by the global pandemic and geopolitical uncertainties but remains optimistic about China's economic recovery[11]. - The company is focused on emerging industries, anticipating mid-term investment returns from quality projects[45]. - The company is actively monitoring the debt restructuring plan of its investment in Victorian Investment Limited Partnership due to liquidity issues[47]. Shareholder Information - As of September 30, 2020, Dr. Liu Zhiwei holds a beneficial interest of 334,306,000 shares, representing 13.84% of the company's issued share capital[104]. - Mr. Zhang Gaobo and Mr. Zhang Zhiping each hold a controlled interest of 359,800,000 shares, accounting for 12.40% of the company's issued share capital[104]. - The total issued share capital of the company as of September 30, 2020, is 2,900,940,000 shares[106]. - The ownership structure indicates significant control by major shareholders, with specific individuals holding substantial stakes through various entities[117]. Risk Management - The company faces multiple financial risks, including foreign exchange risk, interest rate risk, equity price risk, credit risk, and liquidity risk[166]. - The company continuously monitors the credit status of its debt investments and receivables, considering provisions if financial conditions deteriorate[163]. - The financial risk management policy has remained unchanged since the fiscal year ending March 31, 2020[167]. Compliance and Governance - The company is committed to transparency and compliance with securities regulations, as evidenced by the disclosures made regarding shareholdings[107]. - The management emphasizes the importance of board participation in meetings to ensure effective governance and oversight[102]. - The audit committee consists of three independent non-executive directors who reviewed the accounting principles and financial reporting matters[122]. - External auditors have reviewed the interim financial information in accordance with the relevant standards[123].

Financial Performance - For the fiscal year ending March 31, 2020, the company reported revenue of approximately HKD 182 million, a decrease of 20.2% compared to HKD 228 million in the previous year[9]. - The total comprehensive income shifted from a profit of HKD 256 million last year to a loss of HKD 1.372 billion this year[9]. - Total revenue for the year was HKD 181.82 million, a decrease of 20.2% from HKD 227.89 million in the previous year, primarily due to the exit from several debt instruments and listed securities to mitigate risks[47]. - The company recorded a net loss of HKD 1.37267 billion for the year, compared to a net profit of HKD 256.69 million in the previous year[47]. - Interest income amounted to HKD 178.74 million, down from HKD 221.41 million the previous year, reflecting a decrease in income from debt instruments[48]. - Dividend income decreased to HKD 3.08 million from HKD 6.48 million in the previous year[48]. - The expected credit loss provision increased significantly to HKD 666.95 million from HKD 72.69 million in the previous year[47]. - The fair value of financial assets recorded an unrealized loss of HKD 320.84 million, compared to an unrealized loss of HKD 158.44 million in the previous year[49]. - The net asset value of the group as of March 31, 2020, was HKD 4.11444 billion, down from HKD 5.63046 billion a year earlier, representing a decrease of 40.3%[47]. - The debt investment portfolio amounted to HKD 1.2083 billion, a decrease of 40.3% from HKD 2.02548 billion the previous year[47]. - The company's cash and bank deposits stood at HKD 117.39 million, down from HKD 193.80 million a year earlier[47]. - The debt-to-equity ratio as of March 31, 2020, was 0.16, compared to 0.04 a year earlier[47]. - The company reported a realized loss of HKD 22.21 million from financial liabilities measured at fair value, primarily due to provisions for loan guarantees to Shanghai Happiness No. 9 Network Technology Co., Ltd.[50]. - Operating and administrative expenses totaled HKD 150.58 million, an increase from HKD 117.25 million in the previous fiscal year, driven by higher employee costs and rental expenses[54]. - The company recorded a net loss of HKD 444.05 million from investments accounted for using the equity method, compared to a net income of HKD 205.96 million in the previous fiscal year, mainly due to unfavorable market conditions[54]. - Total comprehensive income for the year resulted in a loss of HKD 1.37228 billion, reflecting the net asset value changes not included in the "loss for the year"[54]. Investment Strategy - The company plans to optimize its investment portfolio by divesting non-core projects to enhance liquidity and focus on core holdings and liquid arbitrage projects[9]. - The company aims to leverage its platform advantages and long-term capital to support core holdings and establish various private equity and venture capital funds[9]. - The investment strategy includes long-term core holdings (31.2% in healthcare), mid-term private equity, and short-term arbitrage opportunities, with healthcare being the largest sector in the portfolio[16][18]. - The company invested HKD 18.4212 billion in private equity, debt instruments, and listed securities during the year, while exiting investments totaled HKD 14.6131 billion, primarily from debt instruments and private equity investments[13]. - The company has a diversified investment portfolio, with 29.5% in debt and other investment instruments, and 36.1% in financial services[18]. - The company aims to leverage its investments in Carbon Cloud Intelligent to capitalize on growth opportunities in the healthcare sector, especially post-COVID-19[21]. - The investment in Southern Dongying has yielded a capital multiple of 5.1 times since its establishment in 2008[26]. - The company remains cautious in new equity investments due to global economic uncertainties stemming from the US-China trade war and the COVID-19 pandemic[13]. Corporate Governance - The company is committed to maintaining high standards of corporate governance and transparency in its operations[79]. - The board of directors consists of experienced professionals with extensive backgrounds in finance and management[85]. - The company has established four committees: audit, remuneration, nomination, and corporate governance, to oversee specific roles and responsibilities[169]. - The company has adopted a policy for directors and employees regarding securities trading, which supplements the standard code under the listing rules[150]. - The company emphasizes adherence to high governance standards and regularly reviews its governance practices[147]. - The company has confirmed the independence of its non-executive directors as per the listing rules[103]. - The company has received annual independence confirmations from its independent non-executive directors[103]. - The company has a diversity policy for board candidates, considering factors such as gender, age, and cultural background[180]. - The company has implemented a robust governance framework to ensure compliance with the highest standards of corporate governance[169]. Leadership and Management - Zhang Gaobo has been appointed as the Chairman of the Board and Chairman of the Nomination Committee since June 29, 2018, and has been an Executive Director since February 2003[72]. - Liu Zhiwei has served as the CEO and Executive Director since April 16, 2019, with over 20 years of experience in finance, securities investment, and capital markets[73]. - The company has a strong leadership team with diverse backgrounds in finance, law, and governance, enhancing its strategic decision-making capabilities[79]. - The management team has a robust academic and professional background, contributing to the company's strategic direction and governance[80]. - The roles of the chairman and CEO are clearly distinguished to ensure power is not concentrated in one individual, with the chairman leading the board and the CEO overseeing daily management[158]. Shareholder Information - The company reported a total distributable reserve of HKD 3,548,640,000 as of March 31, 2020[96]. - The company did not recommend the payment of dividends for the fiscal year[92]. - Major shareholders with 5% or more of the company's shares include OPFGL with 12.40% and Magopt Ltd. with 6.98%[115]. - The company has a public float exceeding 25% of its total issued share capital[125]. - The company has not established any preferential subscription rights for existing shareholders regarding new shares[98]. - Shareholders holding at least 10% of the paid-up capital can request a special general meeting if the board does not convene within 21 days of the request[189]. Risk Management - The company emphasizes the importance of continuous communication with shareholders to enhance mutual understanding[193]. - The internal auditor concluded that the company has established an effective internal control system, with appropriate risk assessment and management conducted by the management[197]. - The company has maintained effective risk management and internal control systems to ensure the achievement of business strategies and protect shareholder investments[196]. - The internal auditor recommended that the group should develop more suitable credit management policies and procedures[197]. - The company's risk management and internal control systems are deemed effective and adequate overall, but should consider the internal auditor's suggestions to support growth[198].

Financial Performance - The company reported revenue of approximately HKD 106.13 million and total comprehensive income of about HKD 265.91 million for the first half of the year[10]. - The company reported a profit of HKD 266,064,000 for the six months ended September 30, 2019, compared to a loss of HKD 34,957,000 in the same period of 2018, marking a significant turnaround[186]. - Total comprehensive income for the period was HKD 265,912,000, a substantial increase from a loss of HKD 35,335,000 year-over-year[104]. - Basic earnings per share increased to HKD 0.0917 from a loss of HKD 0.0119, indicating a strong recovery in profitability[104]. - The company recorded a net operating profit of HKD 377,883,000, significantly up from HKD 1,796,000 in the previous year[102]. - The pre-tax profit for the period was HKD 225,298,000, compared to a pre-tax loss of HKD 33,978,000 in the same period last year[102]. - The company experienced unrealized losses from listed investments amounting to HKD (43,192,000), an improvement from HKD (142,377,000) in the previous year[102]. - The unrealized gains from non-listed investments were HKD 407,888,000, compared to a loss of HKD (82,030,000) in the previous year[102]. - The company reported a revenue of HKD 174,182,000 for the six months ended September 30, 2019, a decrease of 86.5% compared to HKD 1,292,204,000 for the same period in 2018[102]. - Total revenue for the six months ended September 30, 2019, was HKD 106,134,000, a decrease of 21.5% from HKD 135,230,000 in 2018[170]. - Interest income for the same period was HKD 103,056,000, down from HKD 128,747,000, representing a decline of 20%[166]. Investment Strategy - The company continues to focus on long-term core holdings in high-growth industries, particularly in biotechnology, big data, and artificial intelligence[12]. - The company emphasizes a prudent investment strategy amid global economic uncertainties and market volatility[15]. - The investment strategy includes long-term core holdings, mid-term private equity and venture capital, and short-term arbitrage and other strategies[17]. - The company plans to create diversified returns for shareholders by supporting core holding enterprises and exploring mid-term investment opportunities[12]. - The company invested HKD 12.17 billion through private equity and debt instruments during the six months ending September 30, 2019[16]. - The company exited investments totaling HKD 8.34 billion, primarily from short-term debt instruments, listed securities, and private equity investments[16]. - The company is committed to finding core holding enterprises with significant growth potential and strong economic moats[12]. - The company believes in the irreversible trend of economic globalization and China's irreplaceable position in the global industrial chain[11]. Asset Management - As of September 30, 2019, net assets increased to approximately HKD 57.51 billion, up from HKD 56.30 billion on March 31, 2019[10]. - The company's net asset value as of September 30, 2019, was HKD 57.5119 billion, or HKD 1.98 per share, an increase from HKD 56.3046 billion or HKD 1.94 per share as of March 31, 2019[39]. - The debt-to-equity ratio as of September 30, 2019, was 0.10, compared to 0.04 as of March 31, 2019[39]. - The company’s non-current assets increased to HKD 2,056,063,000 as of September 30, 2019, up from HKD 1,604,321,000 in the previous period[198]. - The company’s investments accounted for using the equity method totaled HKD 977,273,000 as of September 30, 2019, compared to HKD 1,147,289,000 as of March 31, 2019[194]. - The company’s equity investments in listed securities amounted to HKD 134,025,000, while non-listed equity investments and convertible bonds totaled HKD 2,358,060,000[198]. Shareholder Information - The company did not declare any interim dividend for the period, consistent with the previous year[52]. - The ownership structure indicates significant control by a few major shareholders, with the top three shareholders holding over 35% of the total issued share capital[81]. - Zhang Zhiping and Zhang Gaobo each hold 359,800,000 shares, representing 12.40% of the company's total issued share capital[81]. - Liu Zhiwei holds between 334,306,000 and 396,898,000 shares, accounting for 13.68% of the company's total issued share capital[79]. - FTLife Insurance Company Limited and Wu Gang each hold 290,000,000 shares, which is 10.00% of the total issued share capital[85]. Financial Position - Total assets increased to HKD 6,328,980,000 from HKD 5,875,752,000, indicating overall growth in the company's financial position[107]. - Total equity as of September 30, 2019, was HKD 5,751,185,000, compared to HKD 5,630,463,000 as of March 31, 2019, showing an increase in shareholder value[107]. - The company has made significant investments in fixed assets, totaling HKD 19,302,000, compared to HKD 4,118,000 in the previous period, indicating a focus on expansion[105]. - The company’s deferred tax assets increased to HKD 48,991,000 from HKD 8,234,000, suggesting potential future tax benefits[105]. Risk Management - The company has not changed its risk management policies since the fiscal year ending March 31, 2019, and faces various financial risks including foreign exchange risk, interest rate risk, equity price risk, credit risk, and liquidity risk[145][146]. - The company continuously conducts credit assessments on debt investments, prepaid expenses, and receivables, monitoring the financial status of its investment companies and debtors[141]. - The company utilizes observable market inputs and certain unobservable inputs for fair value estimation, indicating a reliance on pricing models[159]. Accounting and Compliance - The company adopted Hong Kong Financial Reporting Standard 16 "Leases" on April 1, 2019, resulting in the recognition of lease liabilities amounting to HKD 113,380,000[127]. - The external auditor conducted a review of the interim financial information in accordance with the Hong Kong Institute of Certified Public Accountants standards[99]. - The audit committee, composed of three independent non-executive directors, reviewed the accounting principles and practices adopted by the group[93].

東英金融有限公司 股份代號 : 1140 跨越 融通 年度報告 2018 / 2019 目錄 頁碼 | --- | --- | |----------------------------|-------| | | | | ‧ 公司資料 | | | ‧ 主席報告書 | | | ‧ 管理層討論及分析 | | | ‧ 董事及高級管理人員簡歷 | | | ‧ 董事會報告 | | | ‧ 企業管治報告 | | | ‧ 環境、社會及管治報告 | | | ‧ 獨立核數師報告 | | | ‧ 綜合損益及其他全面收益表 | | | ‧ 綜合財務狀況表 | | | ‧ 綜合權益變動表 | | | ‧ 綜合現金流量表 | | | ‧ 綜合財務報表附註 | | | ‧ 財務概要 | | | --- | |----------------------------------------------| | | | 前瞻性陳述 | | 本年報載有若干帶有前瞻性或使用類似前瞻性詞彙 | | 的陳述。該等前瞻性陳述乃本公司董事會根據所投 | | 資的行業及市場目前的狀況而作出之信念、假設及 | | 期望，並且會因為存在著超越本公司控制能力的風 ...