Core Viewpoint - S.A.S. DRAGON (01184) announced a mid-term dividend of HKD 0.15 per share to be distributed on October 15, 2025 [1] Company Summary - The company will distribute a mid-term dividend of HKD 0.15 per share [1]

Core Viewpoint - S.A.S.DRAGON (01184) reported a decline in revenue and profit for the first half of 2025, indicating challenges in its financial performance [1] Financial Performance - The company's revenue for the first half of 2025 was approximately HKD 12.594 billion, representing a year-on-year decrease of 7.7% [1] - Profit attributable to the company's owners was about HKD 263.5 million, down 20.2% compared to the previous year [1] - Basic earnings per share were HKD 0.4211, with an interim dividend of HKD 0.15 per share [1]

Core Points - The company S.A.S.DRAGON (01184.HK) reported a revenue of HKD 12,593,839,000 for the six months ending June 30, 2025, representing a decrease of 7.7% compared to the same period last year [1] - The gross profit margin for the period was 4.6%, down from 5.9% in the previous year [1] - The profit attributable to shareholders for the same period was HKD 263,523,000, a decline of 20.2% year-on-year [1] - Basic earnings per share were HKD 0.4211, compared to HKD 0.5278 in 2024 [1] - The board of directors declared an interim dividend of HKD 0.15 per share, unchanged from 2024 [1]

EF001 EF001 免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 | | | --- | --- | | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 時捷集團有限公司 | | 股份代號 | 01184 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年6月30日止年度之中期股息 | | 公告日期 | 2025年8月25日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年6月30日 | | 宣派股息 | 每 股 0.15 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.15 HKD | | 匯率 | 1 HKD ...

Financial Performance - Revenue for the six months ended June 30, 2025, was HKD 12,593,839 thousand, a decrease of 7.7% compared to HKD 13,639,486 thousand in 2024[4] - Profit attributable to owners of the company for the same period was HKD 263,523 thousand, down 20.2% from HKD 330,288 thousand in 2024[4] - Basic earnings per share decreased to HKD 42.11, a decline of 20.2% from HKD 52.78 in the previous year[4] - Gross profit for the six months was HKD 579,120 thousand, compared to HKD 804,243 thousand in 2024, reflecting a significant decrease[6] - Total comprehensive income for the period was HKD 368,916 thousand, down from HKD 442,720 thousand in 2024[7] - Customer contract revenue for the six months ended June 30, 2025, was HKD 12,584,609, a decrease of 7.7% from HKD 13,630,638 in 2024[14] - Total revenue for the six months ended June 30, 2025, was HKD 12,593,839, down from HKD 13,639,486 in 2024, reflecting a decline of 7.7%[16] - Revenue from the sale of electronic components and semiconductors was HKD 12,529,065 for the six months ended June 30, 2025, compared to HKD 13,569,461 in 2024, a decrease of 7.7%[14] - The company reported basic earnings per share of HKD 0.42 for the six months ended June 30, 2025, down from HKD 0.53 in 2024[21] - The company's gross profit was HKD 579,120,000, down 28% from HKD 804,243,000 year-on-year, resulting in a gross margin of 4.6% compared to 5.9% in the previous year[33] - The net profit attributable to shareholders for the same period was HKD 263,523,000, a decrease of 20.2% from HKD 330,288,000 in the prior year[33] Dividends and Shareholder Returns - The company maintained an interim dividend of HKD 15.00 per share, unchanged from the previous year[4] - The company plans to distribute an interim dividend of HKD 0.15 per share, consistent with the previous year[26] Assets and Liabilities - Current assets increased to HKD 9,317,950 thousand from HKD 9,154,134 thousand at the end of 2024, indicating improved liquidity[8] - Cash and cash equivalents rose significantly to HKD 4,507,011 thousand from HKD 2,927,070 thousand, showing a strong cash position[8] - Total liabilities decreased slightly to HKD 7,099,921 thousand from HKD 7,154,103 thousand, indicating better financial management[9] - Net assets increased to HKD 3,296,331 thousand from HKD 3,083,874 thousand, reflecting growth in shareholder equity[9] - As of June 30, 2025, the company maintained a current ratio of 131%, up from 128% at the end of 2024, and reported a net cash position of HKD 1,940,546,000, significantly higher than HKD 736,368,000 at the end of 2024[34] Cash Flow and Management - The company recorded a significant operating cash inflow of HKD 1,355,057,000 for the six months ended June 30, 2025, compared to an outflow of HKD 898,414,000 in the same period last year[34] - The company is focusing on cash flow management and capital expenditure in light of ongoing challenges from trade tensions and high interest rates[32] Customer and Revenue Concentration - The major customer, Customer A, contributed HKD 6,894,988 in revenue for the six months ended June 30, 2025, up from HKD 6,684,525 in 2024, representing an increase of 3.1%[17] - The five largest customers accounted for 66.2% of total revenue during the review period, up from 63.3% as of December 31, 2024[23] Employee and Operational Costs - The company incurred total employee costs of HKD 85,450 for the six months ended June 30, 2025, compared to HKD 88,557 in 2024, reflecting a decrease of 3.5%[19] - The company’s trade receivables aging analysis showed that HKD 585,109 was not overdue as of June 30, 2025, compared to HKD 943,715 in 2024[23] Corporate Governance and Compliance - The company has adhered to the corporate governance code as per the listing rules, with no significant deviations noted for the six months ending June 30, 2025[40] - The audit committee has reviewed the accounting principles, internal controls, and risk management for the unaudited interim financial statements for the six months ending June 30, 2025[41] - All directors have complied with the standard code of conduct for securities trading during the six months ending June 30, 2025[42] Future Outlook and Strategy - The company aims to enhance its competitive position in the Greater China region through economies of scale and strong financial backing[32] - The company has employed approximately 500 staff in the Greater China region, ensuring competitive compensation and benefits[38] - The company plans to issue the interim report to shareholders and publish it on the Hong Kong Stock Exchange and its own website at an appropriate time[43] - The chairman expressed gratitude to all employees for their contributions during challenging times, as well as to shareholders, customers, suppliers, and business partners for their ongoing support[44]

格隆汇8月13日丨S.A.S. DRAGON(01184.HK)宣布，本公司将谨订于2025年8月25日举行董事会会议，藉 以(其中包括)批准本公司及其附属公司截至2025年6月30日止6个月的未经审核中期业绩及其发布，以及 考虑派付中期股息（如有）的建议。 ...

董事會召開日期 時捷集團有限公司(「本公司」)董事會(「董事會」)宣佈，本公司將 謹訂於 2025 年 8 月 25 日舉行董事會會議，藉以(其中包括)批准本公 司及其附屬公司截至 2025 年 6 月 30 日止 6 個月之未經審核中期業績 及其發佈，以及考慮派付中期股息（如有）的建議。 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 及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 該等內容而引致的任何損失承擔任何責任。 香港，2025 年 8 月 13 日 於本公告日期，董事會包含 4 名執行董事嚴玉麟博士銀紫荊星章，銅紫荊星章，太平紳士、嚴子杰先生、 黃維泰先生及徐志榮先生及2名非執行董事黃瑞泉先生及嚴紀雯小姐及3名獨立非執行董事王得 源先生、張治焜先生及黃偉健先生組成。 *僅供識別 承董事會命 時捷集團有限公司 公司秘書 黃維泰 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 時捷集團有限公司（於百慕達註冊成立之有限公司） 呈交日期: 2025年8月1日 FF301 II. 已發行股份及/或庫存股份變動 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01184 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 1,454,000,000 | HKD | | 0.1 HKD | | | 145,400,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | | 本月底結存 | | | 1,454,000,000 | HKD | | ...

Financial Performance - The company's revenue for the year ended December 31, 2024, increased by 24.1% to HKD 27,757 million, compared to HKD 22,371 million in 2023[11] - The profit attributable to shareholders rose by 24.1% to HKD 501.2 million, up from HKD 403.8 million in the previous year[11] - Basic earnings per share increased to HKD 80.09 from HKD 64.52, reflecting a growth of 24.1%[11] - The gross profit for the year was HKD 1,430 million, an increase of 8.6% from HKD 1,316 million, with a gross margin of 5.2% compared to 5.9% in the previous year[19] - The company reported a total comprehensive income of HKD 643,612 thousand for 2024, up from HKD 577,483 thousand in 2023[136] - Net profit for the year was HKD 672,491 thousand, representing a 15% increase from HKD 585,673 thousand in 2023[134] - The company reported a profit of HKD 403,801,000 for the year, contributing to total comprehensive income of HKD 399,225,000[140] Dividends and Shareholder Returns - The total dividend for the year is proposed at HKD 40.00 per share, an increase of 14.3% from HKD 35.00 in 2023, including a mid-term dividend of HKD 15.00[20] - The board proposed a final dividend of HKD 0.25 per share to shareholders listed on the register as of May 28, 2025[75] - The company has adopted a dividend policy prioritizing cash distributions to shareholders, subject to board discretion and shareholder approval[76] - The company paid dividends totaling HKD 250,335,000 in 2024, compared to HKD 219,043,000 in 2023[144] Market and Industry Trends - Sales revenue from the components team reached HKD 27,610 million, a 24.3% increase from HKD 22,210 million in the previous year, driven by demand for smartphones and consumer electronics[21] - The global smartphone shipment is projected to rebound by 6% to 1.24 billion units in 2024, following two years of decline, driven by emerging markets and aggressive supplier strategies[22] - The consumer electronics market is expected to experience transformative growth in 2024, driven by demand for AI-optimized smart home ecosystems and advanced electric vehicle control interfaces[23] Cash Flow and Financial Position - The group achieved a net operating cash inflow of HKD 552,809,000 for the year, a decrease from HKD 1,039,637,000 in the previous year[33] - The current ratio as of December 31, 2024, is 128%, slightly down from 135% in 2023[33] - The group has a net cash position of approximately HKD 736,368,000, an increase from HKD 651,780,000 in 2023[33] - Cash and cash equivalents surged from HKD 1,580,146,000 in 2023 to HKD 2,927,070,000 in 2024, marking an increase of about 85.2%[137] - The total cash and cash equivalents at the end of 2024 were HKD 2,927,070,000, up from HKD 1,580,146,000 at the end of 2023[144] Governance and Management - The company continues to adhere to high standards of corporate governance, believing it is key to business development and protecting shareholder interests[46] - The board currently consists of 4 executive directors, 2 non-executive directors, and 3 independent non-executive directors[47] - The company has been compliant with the Hong Kong Stock Exchange's corporate governance code, with some deviations noted[46] - The company has appointed new executive directors in 2024, indicating a strategic shift in leadership[45] - The company is committed to maintaining transparency and accountability in its operations, as reflected in its governance practices[46] Risk Management - The group remains focused on cash flow management amid geopolitical tensions affecting the semiconductor industry, particularly between China and the U.S.[29] - The company faces various risks, including exchange rate risk, interest rate risk, credit risk, and liquidity risk, which are monitored closely[89] Sustainability and Corporate Responsibility - The company is committed to sustainable development, integrating environmental, social, and governance issues into its business operations[30] - The company is committed to environmental responsibility, utilizing LED lighting and eco-friendly materials in its operations[84] - The group made charitable donations of approximately HKD 2,783,000 during the year[115] Inventory and Asset Management - The carrying amount of inventory was HKD 3,061,620,000, with a provision for inventory of HKD 132,935,000, representing 30% of the group's total assets[124] - The management reviews inventory on a product-by-product basis to identify obsolete and slow-moving items[124] - Inventory increased significantly from HKD 1,780,168,000 in 2023 to HKD 3,061,620,000 in 2024, representing a growth of about 72.0%[137] Financial Reporting and Compliance - The independent auditor's report confirms that the consolidated financial statements fairly present the group's financial position as of December 31, 2024[121] - The company confirmed compliance with the disclosure requirements under Chapter 14A of the Listing Rules[111] - The group’s financial statements are prepared in accordance with Hong Kong Financial Reporting Standards[180] Supplier and Customer Relationships - The largest supplier accounted for 68.6% of total procurement, while the top five suppliers represented 83.1% of total procurement[79] - The largest customer contributed 50.8% to total sales, and the top five customers accounted for 63.3% of total sales[80] - The company emphasizes maintaining close relationships with customers and suppliers to meet their current and long-term needs[88]

Financial Performance - Revenue for the year ended December 31, 2024, was HKD 27,757 million, representing a 24.1% increase from HKD 22,371 million in 2023[3] - Profit attributable to owners of the company was HKD 501.2 million, up 24.1% from HKD 403.8 million in the previous year[3] - Basic earnings per share increased to HKD 80.09, a rise of 24.1% compared to HKD 64.52 in 2023[3] - Total revenue for the year 2024 reached HKD 27,756,985,000, a 24% increase from HKD 22,370,616,000 in 2023[14] - Revenue from the sale of electronic components and semiconductor products was HKD 27,610,087,000, up from HKD 22,206,540,000, representing a 24% growth[14] - The group’s revenue increased by 24.1% to HKD 27,756,985,000 for the year ending December 31, 2024, compared to HKD 22,370,616,000 in the previous year[39] - Net profit attributable to shareholders increased by 24.1% to HKD 501,237,000, with basic earnings per share at HKD 0.8009, up from HKD 0.6452 in 2023[39] Dividends - Total dividend for the year was HKD 40.00 per share, reflecting a 14.3% increase from HKD 35.00 in 2023[3] - The company declared an interim dividend of HKD 0.15 per share for 2024, compared to HKD 0.10 per share in 2023, marking a 50% increase[30] - The company plans to distribute a final dividend of HKD 0.25 per share for the year ending December 31, 2024, pending shareholder approval[30] Assets and Liabilities - Current assets increased significantly to HKD 9,154,134 thousand from HKD 6,580,292 thousand in 2023[6] - Total liabilities increased to HKD 7,154,103 thousand from HKD 4,872,046 thousand in 2023, indicating a rise in financial obligations[6] - The company's net asset value increased to HKD 3,083,874 thousand from HKD 2,828,886 thousand in 2023[7] - Total non-current assets decreased to HKD 1,080,048,000 in 2024 from HKD 1,233,767,000 in 2023, a decline of 12.5%[16] - Trade payables increased to HKD 3.84 billion in 2024 from HKD 2.94 billion in 2023, reflecting a growth of 30.5%[27] - Total trade and other receivables amounted to HKD 1.37 billion in 2024, compared to HKD 983.05 million in 2023, representing a 39.2% increase[23] Cash Flow - Cash and cash equivalents rose to HKD 2,927,070 thousand, up from HKD 1,580,146 thousand in the previous year[6] - The company’s cash flow from operating activities improved, with trade receivables at HKD 1.26 billion after accounting for credit loss provisions, compared to HKD 839.38 million in 2023[25] - Operating cash inflow for the year was HKD 551,544,000, a decrease from HKD 1,039,637,000 in the previous year[40] - The group recorded a net cash position of approximately HKD 736,368,000 as of December 31, 2024, up from HKD 651,780,000 the previous year[40] Market and Industry Outlook - The company continues to focus on the distribution of electronic components and semiconductor products, as well as property investment[8] - The company anticipates continued growth in the electronic components sector, driven by increased demand in the market[14] - The semiconductor industry is expected to face complexities due to geopolitical tensions, but demand for next-generation AI smartphones and PCs presents growth opportunities[38] - The group plans to maintain a cautious approach and focus on cash flow management to remain competitive in the Greater China region[38] Other Financial Metrics - Gross profit for the year was HKD 1,430,087 thousand, compared to HKD 1,316,411 thousand in 2023, indicating a positive trend[4] - Gross profit rose by 8.6% to HKD 1,430,087,000, with a gross margin of 5.2%, down from 5.9% the previous year[39] - Employee costs totaled HKD 170,135,000, slightly down from HKD 181,356,000 in the previous year[20] - The fair value of trade receivables measured at fair value through other comprehensive income decreased to HKD 1.60 billion in 2024 from HKD 2.10 billion in 2023[26] - The company’s credit loss provision decreased to HKD 10.38 million in 2024 from HKD 14.29 million in 2023, indicating improved credit quality[23] Corporate Governance - The consolidated financial statements for the year ending December 31, 2024, have been approved by the board on March 27, 2025[49] - Deloitte has conducted the audit of the group's financial statements but did not provide a verification conclusion for the preliminary announcement[49] - The board expresses gratitude to all employees for their contributions and efforts[50] - The board also thanks shareholders, customers, suppliers, and business partners for their long-term support and trust[50] - The board consists of 4 executive directors, 2 non-executive directors, and 3 independent non-executive directors[51]