Financial Performance - Revenue decreased by 23.3% to approximately HK$76.2 million[15] - Profit attributable to equity shareholders decreased by 27.7% to approximately HK$37.6 million[15] - Net profit margin decreased by 3.0 percentage points to 49.4%[15] - The profit for FP2022 decreased to approximately HK$37.6 million from approximately HK$52.1 million in FP2021, representing a decrease of approximately 27.7%[60] - Revenue decreased by approximately HK$23.1 million, which contributed to the decline in profit[60] - Basic earnings per share is HK1.9 cents[15] - Profit from operations for the six months ended August 31, 2021, was HK$52.2 million, compared to HK$76.4 million in 2020[104] - Profit before taxation for the six months ended August 31, 2021, was HK$44.8 million, down from HK$63.5 million in 2020[104] - For the six months ended 31 August 2021, the profit attributable to shareholders was HK$37,611,000, a decrease of 27.8% from HK$52,053,000 in the same period of 2020[170] Loan and Interest Income - Total amount of new pawn loans granted increased by 17.2% to approximately HK$380.8 million[17] - Total amount of new mortgage loans granted increased by 7.4% to approximately HK$195.6 million[17] - Interest income from mortgage loan business decreased by approximately HK$23.8 million or 35.8% to approximately HK$42.8 million[20] - Interest income from pawn loan receivables increased by approximately HK$0.3 million or 1.0% from approximately HK$28.6 million in FP2021 to approximately HK$28.9 million in FP2022[36] - Interest income from mortgage loan receivables calculated using the effective interest method was HK$42.8 million for the six months ended August 31, 2021, down from HK$66.6 million in 2020, a decline of about 35.8%[140] - The average loan amount for pawn loans increased to approximately HK$11,100 per transaction in FP2022, up from HK$10,000 per transaction in FP2021[26] Operating Expenses and Costs - Finance costs decreased by approximately HK$5.5 million or 42.8% from approximately HK$12.8 million in FP2021 to approximately HK$7.3 million in FP2022[52] - Operating expenses decreased by approximately HK$0.5 million or 2.0% from approximately HK$25.1 million in FP2021 to approximately HK$24.6 million in FP2022[45] - Other income decreased by approximately HK$1.5 million or 45.5% to approximately HK$1.8 million in FP2022, primarily due to the absence of a one-time subsidy received in FP2021[43] - Staff costs increased to HK$12.2 million for the six months ended August 31, 2021, compared to HK$11.7 million in 2020, reflecting an increase of approximately 4.3%[156] Cash Flow and Liquidity - Cash and cash equivalents as of 31 August 2021 amounted to approximately HK$220.5 million, representing a net decrease of approximately HK$24.8 million compared to 28 February 2021[67] - The net cash inflow from operating activities for FP2022 was approximately HK$74.0 million, mainly due to operating profit of approximately HK$58.2 million[68] - The company reported a net decrease in cash and cash equivalents of HK$24,821,000 for the period, compared to an increase of HK$44,361,000 in the previous year[28] - Cash generated from operations for the six months ended August 31, 2021, was HKD 79,302,000, compared to HKD 248,431,000 in 2020, showing a significant decline of about 68.1%[112] Asset and Liability Management - Principal of gross loan receivables decreased by 2.2% to approximately HK$913.4 million[15] - The current ratio increased from 6.5 times as of February 28, 2021, to 8.7 times as of August 31, 2021, attributed to a decrease in other loans and current debt securities by approximately HK$23.3 million and HK$33 million respectively[88] - The Group's gearing ratio decreased from approximately 26.2% as of February 28, 2021, to approximately 19.3% as of August 31, 2021, mainly due to a reduction in other loans and current debt securities[89] - The total cash outflow for leases reflects a slight decrease of approximately 1.05% year-over-year[186] Market Outlook and Strategy - The Group remains positive about the prospects of its mortgage loan businesses, especially with the anticipated reopening of Hong Kong's borders[31] - The Group plans to strengthen risk management measures, including increasing the proportion of first mortgage loans and tightening the loan-to-value ratio in response to market recovery[79] - The Group will continue to explore new business opportunities to create long-term value for shareholders, despite the Federal Reserve's tapering of its bond-buying program[80] Taxation and Compliance - The effective tax rate decreased from approximately 18.0% in FP2021 to approximately 16.1% in FP2022[59] - The Group is not subject to any income tax in the Cayman Islands and the British Virgin Islands[165] - The two-tiered profits tax rates regime in Hong Kong taxes the first HK$2.0 million of profits at 8.25% and profits above that at 16.5%[164] Impairment and Credit Risk - The charge for impairment losses on loan receivables was HK$1.2 million in both FP2021 and FP2022, indicating ongoing concerns regarding collateral value[53][57] - The allowance for expected credit loss on mortgage loans amounted to approximately HK$6.3 million as of August 31, 2021, compared to HK$5.1 million as of February 28, 2021[200]

飄華押業 Oiwahpawn Oi Wah Pawnshop Credit Holdings Limited 華 押 業 信 貸 控 股 有 限 公 司 電 (Incorporated in the Cayman Islands with limited liability) ( 於 開 曼 群 島 註 冊 成 立 之 有 限 公 司 ) Stock Code 股份代號 : 01319 ANNUAL REPORT 年報 海開発 2 6 3 3 1 Contents 目錄 2 Company Information 公司資料 4 Financial Highlight 財務摘要 5 Five-Year Financial Summary 五年財務概要 9 Chairman Statement 主席報告 10 Management Discussion and Analysis 管理層討論及分析 20 Report of the Directors 董事會報告 35 Corporate Governance Report 企業管治報告 EP Directors and Senior Management 董事及高 ...

飄華押業 Oiwahpawn Oi Wah Pawnshop Credit Holdings Limited 篇 華 押 業 信 貸 控 股 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) ( 於 開 曼 群島 註 冊成立之 有限公司 ) Stock Code 股份代號 : 01319 INTERIM REPORT 中期報告 2020 班 相当 Oiwahpawn Contents 目錄 Contents 目錄 2 Company Information 公司資料 5 Financial Highlights 財務摘要 6 Management Discussion and Analysis 管理層討論及分析 19 Review Report to the Board of Directors 致董事會之審閱報告 22 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 簡明綜合損益及其他全面收入表 23 Con ...

闊華押業 Oiwahpawn Oi Wah Pawnshop Credit Holdings Limited 華 押 業 信 貸 控 股 有 限 公 司 服 (Incorporated in the Cayman Islands with limited liability) ( 於 開 曼 群島 註 冊 成 立 之 有 限 公 司 ) Stock Code 股份代號 : 01319 ANNUAL REPORT 年 報 Contents 目錄 Annual Report 2019 二零一九年年報 1 Contents 目錄 | --- | --- | --- | |-------|-------|---------------------------------------------------------------------------------------------------| | | 2 | Company Information | | | 4 | 公司資料 Financial Highlight | | | 6 | 財務摘要 Five-Year Financial Summary | | ...

| --- | --- | --- | --- | --- | --- | |-------------------------------------------------------------------------|-------|-------------------------------------------------------------------------------------------------------------------------------------------|-------|-------------------------|---------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | HITANHAN BARRETHER FILE | | | 華 押 業 lun (於開曼群島註冊成立之有限公司) Stock Code 股份代號 : 01319 | | 露華押業 wahp ...

讀華押業 Oiwahpawn Oi Wah Pawnshop Credit Holdings Limited 華押業信貸控股有限公司 電 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號 : 01319 ANNUAL REPORT 年 報 r r a p npawn a CK FOR FOLLE 47.5 套現専門店 Contents Company Information 2 公司资料 Financial Highlight 4 財務摘要 Five-Year Financial Summary 6 五年財務概要 Chairman Statement 10 主席報告 Management Discussion and Analysis 11 管理層討論及分析 Report of the Directors 20 董事會報告 Corporate Governance Report 34 企業管治報告 Directors and Senior Management Ed 董事及高 ...