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南方通信(01617) - 2023 - 年度财报
2024-04-26 14:21
Financial Performance - Total revenue decreased by approximately 17.6% to about RMB 522.3 million (2022: RMB 633.7 million) [9] - Gross profit increased by approximately 23.2% to about RMB 70.7 million (2022: RMB 57.4 million) [9] - Gross margin increased by approximately 49.5% to 13.5% (2022: 9.1%) [9] - Profit attributable to owners of the company for the year amounted to approximately RMB 5.2 million (2022: loss of RMB 8.1 million) [9] - The group's total revenue decreased by approximately 17.6% to about RMB 522.3 million for the year ended December 31, 2023, compared to RMB 633.7 million in 2022 [14] - Gross profit increased by approximately 23.2% to about RMB 70.7 million, up from RMB 57.4 million in 2022 [14] - The profit attributable to the company's owners for the year was approximately RMB 5.2 million, a significant recovery from a loss of RMB 8.1 million in 2022 [14] - Earnings per share for the year were approximately RMB 0.003, compared to a loss per share of RMB 0.01 in 2022 [14] Revenue Segmentation - Revenue from the optical cable and fiber distribution network equipment segment was approximately RMB 478.1 million, a decrease of about 16.1% from RMB 569.9 million in 2022, accounting for approximately 91.6% of total revenue [24] - Revenue from the color-coated steel plate segment was approximately RMB 44.1 million, down about 30.8% from RMB 63.8 million in 2022, representing about 8.4% of total revenue [24] Market Outlook - The company anticipates a surge in demand for optical fiber and cables driven by the deployment of 400G backbone networks and the construction of gigabit cities [15] - The penetration rate of gigabit fiber networks remains low at 25.7% among fixed broadband users, indicating significant growth potential [17] - The company plans to enhance its product offerings in response to the new demands from AI and cloud computing, focusing on developing new optical fiber and cable products [19] Cost Management - The group aims to strengthen cost control measures to improve competitiveness and profitability amid uncertainties in raw material prices and logistics stability [21] - The group's cost of sales for the year ended December 31, 2023, was approximately RMB 451.6 million, a decrease of about 21.6% compared to RMB 576.3 million for the year ended December 31, 2022 [25] - Gross profit increased by approximately 23.2% to about RMB 70.7 million, with a gross margin of approximately 13.5%, up from 9.1% in the previous year, due to a significant decrease in raw material costs [26] Liabilities and Assets - Total assets as of December 31, 2023, were approximately RMB 1,419.9 million (2022: RMB 1,484.3 million) [10] - Total liabilities as of December 31, 2023, were approximately RMB 641.8 million (2022: RMB 711.4 million) [10] - The group’s total liabilities to equity ratio improved to approximately 82.5% as of December 31, 2023, compared to 92.1% in the previous year [44] Employee and Operational Metrics - The group generated employee costs of approximately RMB 33.6 million during the reporting period, a decrease from RMB 36.5 million in 2022 [56] - The group has approximately 310 employees as of December 31, 2023, down from 320 in 2022 [56] Corporate Governance - The company is committed to maintaining high standards of corporate governance, which it believes can enhance management effectiveness and efficiency, increase transparency, strengthen risk management, and protect shareholders' interests [155] - The company has established three committees: Audit Committee, Remuneration Committee, and Nomination Committee to oversee various aspects of governance [174] - The board has mechanisms in place to ensure independent viewpoints are available for decision-making, and it has conducted an annual performance evaluation [169] Shareholder Information - The board does not recommend the payment of a final dividend for the year ended December 31, 2023 (2022: none) [9] - The company's distributable reserves as of December 31, 2023, amounted to approximately RMB 263,731,000 [114] - The company has a significant ownership structure, with key individuals holding substantial stakes, including 854,784,000 shares (52.56%) held by Mr. Shi Ming [131] Risk Management - The board is responsible for maintaining effective risk management and internal control systems to protect shareholder interests [199] - The board reviews the effectiveness of the group's risk management and internal control systems annually [200] Future Plans and Commitments - The company has no future significant investment plans disclosed in the report [55] - The company will continue to review and enhance its corporate governance practices to ensure compliance with the corporate governance code [155]
南方通信(01617) - 2023 - 年度业绩
2024-03-27 11:48
Financial Performance - Total revenue decreased by approximately 17.6% to RMB 522.3 million for the year ended December 31, 2023, compared to RMB 633.7 million in 2022[2] - Gross profit increased by approximately 23.2% to RMB 70.7 million, with a gross margin of approximately 13.5%, up from 9.1% in 2022[2] - The profit attributable to the owners of the company for the year was approximately RMB 5.2 million, a turnaround from a loss of RMB 8.1 million in 2022[2] - The company did not recommend the payment of a final dividend for the year ended December 31, 2023, compared to no dividend in 2022[2] - The company's total revenue for the year ended December 31, 2023, was RMB 522,261,000, a decrease of 17.6% from RMB 633,705,000 in 2022[17] - The gross profit for the manufacturing and sales of optical cables and optical fiber distribution network equipment was RMB 70,815,000, an increase of 20.9% from RMB 58,553,000 in 2022[19] - The company recorded a profit of approximately RMB 5.2 million for the year ended December 31, 2023, compared to a loss of approximately RMB 8.1 million in the same period of 2022[58] Assets and Liabilities - Non-current assets increased to RMB 646.5 million in 2023 from RMB 634.4 million in 2022, primarily due to an increase in property, plant, and equipment[6] - Current assets decreased to RMB 773.4 million in 2023 from RMB 849.9 million in 2022, with a notable decline in trade receivables from RMB 423.8 million to RMB 342.5 million[6] - Current liabilities decreased to RMB 538.0 million in 2023 from RMB 663.9 million in 2022, reflecting a reduction in trade payables[8] - The company’s total assets decreased to RMB 881.9 million in 2023 from RMB 820.4 million in 2022, indicating a shift in asset management strategy[8] - The company reported a net cash position of RMB 247.8 million in cash and cash equivalents as of December 31, 2023, compared to RMB 229.9 million in 2022[6] - Trade receivables decreased to RMB 348.6 million as of December 31, 2023, from RMB 430.4 million in 2022[29] - The net amount of trade receivables was RMB 339.6 million as of December 31, 2023, compared to RMB 423.8 million in 2022[31] - Trade payables decreased to RMB 132.4 million as of December 31, 2023, from RMB 154.5 million in 2022[34] - Bank borrowings increased to RMB 310 million as of December 31, 2023, compared to RMB 276.6 million in 2022[36] - The group's asset-liability ratio as of December 31, 2023, was approximately 82.5%, down from 92.1% in 2022[65] Costs and Expenses - The total cost of goods sold was RMB 451,588,000, down from RMB 576,341,000 in 2022[26] - The company's employee costs totaled RMB 33,596,000, a decrease from RMB 36,548,000 in the previous year[26] - The company's selling and distribution expenses were approximately RMB 19.5 million, slightly down by about 0.5% from RMB 19.6 million in the previous year[50] - Management expenses decreased by approximately 23.0% to about RMB 35.3 million, down from RMB 45.9 million in the previous year due to stricter cost control measures[51] - Research costs fell by approximately 12.9% to about RMB 33.9 million, down from RMB 38.9 million in the previous year, mainly due to the completion of certain product development projects[52] - The company reported a net financing cost of RMB 9,286,000 for the year, up from RMB 7,689,000 in 2022[23] - The company's financing costs increased by approximately 20.8% to about RMB 9.3 million, up from RMB 7.7 million in the previous year, primarily due to rising bank borrowing and general lending rates[54] Market and Strategic Focus - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming fiscal year[2] - The penetration rate of fiber optic access (FTTH) in China reached 96.3% by the end of 2023, but only 25.7% of fixed broadband users had access speeds of 1000 Mbps or higher, indicating significant growth potential[82] - The number of 5G factories in China has increased to 300 since the issuance of the "5G Fully Connected Factory Construction Guidelines" in 2022, highlighting the ongoing investment in 5G infrastructure[83] - The company anticipates that the demand for new generation optical fiber cables will surge due to the construction of 400G backbone networks and the rise of smart home applications[79] - The company plans to enhance its competitive strength and profitability by controlling raw material prices and exploring new business growth points in data centers, industrial internet, and new energy vehicles[85] - The company aims to leverage opportunities in the digital economy and the simultaneous upgrade of market and technology in the optical communication sector in 2024[87] - The company will continue to focus on expanding its existing product market share and developing new optical fiber and cable products tailored for AI and computing power applications[85] Governance and Compliance - The company has adopted the corporate governance code as per the listing rules and has complied with applicable provisions as of December 31, 2023[91] - The audit committee has reviewed the consolidated financial statements for the year ended December 31, 2023, and confirmed compliance with relevant accounting standards[94] - The company did not issue any stock options or rewards during the reporting period due to the exhaustion of the authorized limit for stock options in 2022[79] - The annual general meeting of the company will be held on June 18, 2024[90] - The annual report for 2023 will be available on April 29, 2024, or earlier on the stock exchange and the company's website[100]
南方通信(01617) - 2023 - 中期财报
2023-09-27 08:54
Financial Performance - Total revenue decreased by approximately 20.8% to about RMB 264.7 million for the six months ended June 30, 2023, compared to RMB 334.3 million for the same period in 2022[6]. - Gross profit increased by approximately 112.7% to about RMB 26.5 million, with a gross margin rising from approximately 3.7% to about 10.0%[11]. - The total profit and comprehensive income amounted to approximately RMB 2.1 million, a significant improvement from a loss of RMB 19.6 million for the same period in 2022[6]. - Revenue from the optical cable and fiber distribution network equipment segment was approximately RMB 228.6 million, down about 25.1% year-on-year, contributing approximately 86.3% of total revenue[9]. - Revenue from the color-coated steel plate segment increased by approximately 23.1% to about RMB 36.2 million, accounting for approximately 13.7% of total revenue[9]. - The company reported a net profit of RMB 2.148 million for the six months ended June 30, 2023, compared to a net loss of RMB 19.590 million in the same period of 2022[75]. - The company’s earnings per share for the six months ended June 30, 2023, was RMB 0.001, compared to a loss per share of RMB (0.013) in the same period of 2022[75]. Expenses and Costs - Selling and distribution expenses decreased by approximately 28.8% to about RMB 8.4 million, reflecting the decline in overall revenue[13]. - Management expenses decreased by approximately 13.2% to about RMB 18.6 million, consistent with the overall operational trend[14]. - Research costs were approximately RMB 20.0 million, a slight decrease of about 2.0% compared to the previous year[15]. - Financing costs increased to RMB 4,357,000 for the six months ended June 30, 2023, compared to RMB 3,554,000 in the previous year, reflecting a rise in borrowing costs[96]. - For the six months ended June 30, 2023, the cost of inventory recognized as cost of sales was RMB 238,188, a decrease of 26% from RMB 321,863 in the same period of 2022[100]. Cash Flow and Financial Position - As of June 30, 2023, the group's cash and bank deposits totaled approximately RMB 461.5 million, an increase of about 5.1% from RMB 439.0 million as of December 31, 2022[24]. - The company's net cash generated from operating activities for the six months ended June 30, 2023, was a negative RMB 23,055,000, compared to a positive RMB 30,991,000 for the same period in 2022[84]. - Cash and cash equivalents at the end of June 30, 2023, were RMB 306,004,000, a decrease from RMB 326,882,000 at the end of 2022[84]. - The company reported a net cash increase of RMB 50,390,000 for the six months ended June 30, 2023, compared to a decrease of RMB 44,590,000 in the same period of 2022[84]. - The group recorded an income tax credit of approximately RMB 2.7 million during the reporting period, compared to RMB 6.3 million for the six months ended June 30, 2022, primarily due to the recognition of deferred tax assets from tax losses[19]. Assets and Liabilities - The group had interest-bearing bank borrowings of approximately RMB 360.0 million as of June 30, 2023, compared to RMB 276.6 million as of December 31, 2022[24]. - The asset-liability ratio was approximately 95.0% as of June 30, 2023, up from 92.1% as of December 31, 2022[28]. - Total liabilities decreased from RMB 663,910,000 as of December 31, 2022, to RMB 609,096,000 as of June 30, 2023, indicating a reduction of approximately 8.25%[79]. - The company's equity attributable to owners increased to RMB 774,998,000 as of June 30, 2023, from RMB 772,850,000 as of December 31, 2022, showing a slight increase of 0.15%[79]. - Trade receivables amounted to RMB 388,678 as of June 30, 2023, down from RMB 430,437 as of December 31, 2022, reflecting a decrease of approximately 10%[103]. Investments and Shareholder Information - The company holds a 49% stake in Jiangsu Nanfang Fiber Optic Technology Co., Ltd., with an investment totaling approximately RMB 73.5 million, generating a share of profit of about RMB 7.7 million during the reporting period[61]. - The investment in Jiangsu Yingke Optical Technology Co., Ltd. amounts to approximately RMB 76.5 million, with a share of profit of about RMB 2.7 million and dividends received of approximately RMB 14.7 million[61]. - Major shareholders hold significant stakes, with Ms. Yu Ru Min owning 51.65% of the shares through a trust[44]. - As of June 30, 2023, Pacific Mind Development Limited holds 840,000,000 shares, representing 51.65% of the total shares[47]. - The company has maintained sufficient public float during the reporting period and up to the report date[51]. Corporate Governance and Compliance - The board does not recommend the payment of an interim dividend for the six months ended June 30, 2023[6]. - The company is committed to high levels of corporate governance, enhancing management effectiveness and transparency[52]. - The company has not identified any significant non-compliance with relevant laws and regulations as of June 30, 2023[60]. - The company’s subsidiaries were recognized as "High-tech Enterprises," allowing them to enjoy a reduced corporate income tax rate of 15%[98]. - The group has no transfers between fair value levels during the six months ended June 30, 2023[118]. Market and Industry Outlook - The domestic optical fiber and cable industry is facing order shortages and low operating rates, primarily due to the lack of project initiations by China Mobile and China Telecom[39]. - China Mobile's June 2023 tender for 108.2 million core kilometers of ordinary optical cables is expected to boost industry confidence and demand significantly[39]. - The Ministry of Industry and Information Technology emphasizes the need to enhance backbone network capacity and accelerate the construction of 5G and gigabit optical networks[40]. - Non-telecom markets are increasingly influencing the optical fiber and cable market, with rising demand for power optical cables driven by smart grid construction[41]. - The company anticipates a balanced supply-demand state for optical cables in the short term, with orders expected to accelerate in the second half of 2023[41].
南方通信(01617) - 2023 - 中期业绩
2023-08-30 09:16
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,概不對因本公告全部 或任何部分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。 Nanfang Communication Holdings Limited 南方通信控股有限公司 (於開曼群島註冊成立之有限公司) (股份代號:1617) 截至二零二三年六月三十日止六個月之 中期業績公告 摘要 截至二零二三年六月三十日止六個月,本集團經營業績如下: • 總收入下降約20.8%至約人民幣264.7百萬元(截至二零二二年六月三十日止 六個月:約人民幣334.3百萬元)。 • 毛利增加約112.7%至約人民幣26.5百萬元(截至二零二二年六月三十日止六 個月:約人民幣12.5百萬元)。 • 毛利率由約3.7%增加至約10.0%。 • 利潤及綜合收益總額約人民幣2.1百萬元(截至二零二二年六月三十日止六 ...
南方通信(01617) - 2022 - 年度财报
2023-04-27 11:18
Financial Performance - Total revenue increased by approximately 44.6% to about RMB 633.7 million (2021: RMB 438.3 million) [10] - Gross profit increased by approximately 343.0% to about RMB 57.4 million (2021: RMB 13.0 million) [10] - Gross margin increased by approximately 206.4% to 9.1% (2021: 3.0%) [10] - The company reported a loss attributable to owners of approximately RMB 8.1 million (2021: RMB 59.9 million) [10] - The total revenue for the year ended December 31, 2022, increased by 44.6% to approximately RMB 633.7 million, compared to RMB 438.3 million in 2021 [15] - Gross profit surged approximately 343.0% to about RMB 57.4 million, with a gross margin of approximately 9.1%, up from 3.0% in the previous year [25] - The overall financial performance indicates a positive trend in sales and profitability, suggesting effective management strategies and market expansion efforts [74] Assets and Liabilities - Total assets as of December 31, 2022, were RMB 1,484.3 million, an increase from RMB 1,359.6 million in 2021 [11] - Total liabilities increased to RMB 711.4 million from RMB 592.5 million in 2021 [11] - The group's debt-to-asset ratio as of December 31, 2022, was approximately 92.1%, up from about 77.2% in 2021 [42] - As of December 31, 2022, the group's cash and bank balances totaled approximately RMB 439.0 million, a slight increase of about 0.7% from RMB 435.9 million as of December 31, 2021 [38] Production and Capacity - The company has a total production capacity of approximately 15 million core kilometers [7] - The company operates two production facilities in Jiangsu Province, covering a total area of approximately 76,900 square meters [7] Research and Development - Research costs increased by approximately 34.4% to RMB 38.9 million, driven by the allocation of more resources to enhance product quality and develop new products [30] - The company has a significant focus on research and development of new products, particularly in the optical cable sector [101] Customer Relationships - The company has established stable long-term relationships with major customers in the telecommunications sector [5] - Approximately 88.9% of the trade receivables as of December 31, 2022, were from major telecommunications network operators in China with good repayment records, compared to 83.8% in 2021 [47] Expenses and Costs - The sales and distribution expenses rose by approximately 8.8% to RMB 19.6 million, attributed to increased freight costs due to business scale growth [27] - The financing costs decreased by approximately 10.7% to RMB 7.7 million, primarily due to a decline in bank borrowing rates [31] Investments and Joint Ventures - The company holds a 49% stake in Southern Fiber, with a total investment of approximately RMB 73.5 million as of December 31, 2022, and recognized a share of profits of about RMB 11.6 million for the year [76] - The company also holds a 51% stake in Yingke Optical, with a total investment of approximately RMB 76.5 million as of December 31, 2022, and recognized a share of profits of about RMB 9.2 million for the year, up from RMB 4.6 million in 2021 [76] - The group's share of profits from a joint venture for the year ended December 31, 2022, was approximately RMB 9.2 million, an increase of about 100.5% compared to RMB 4.6 million for the year ended December 31, 2021 [33] Governance and Compliance - The company has adopted the Corporate Governance Code as its own corporate governance practices and has complied with applicable provisions as of December 31, 2022 [156] - The board of directors has established three committees: Audit Committee, Remuneration Committee, and Nomination Committee to oversee various aspects of the group's affairs and assist the board in fulfilling its responsibilities [176] - The company has received annual confirmations of independence from all independent non-executive directors, maintaining their status as independent individuals [165] Employee Relations - The group has approximately 320 employees as of December 31, 2022, with employee costs amounting to approximately RMB 36.5 million, a decrease from RMB 50.5 million in 2021 [54] - The total number of employees is 315, with 66% male (209) and 34% female (106) [191] - The company has a total of 5 senior management personnel, with 80% male (4) and 20% female (1) [191] Environmental Commitment - The group is committed to reducing environmental impact and complying with relevant environmental laws and regulations [62] Related Party Transactions - The group has entered into a 15-year optical fiber supply agreement with Southern Optical Fiber, which is considered a related party transaction [65] - The independent auditor confirmed that all disclosed related party transactions were conducted in accordance with the company's pricing policy and did not exceed the annual limits set by the company [73] Future Outlook - The company plans to explore new business growth points and adjust its product structure, particularly in the new energy vehicle and aerospace sectors [18] - Future outlook and performance guidance were not explicitly mentioned in the available documents, indicating a need for further information [105]
南方通信(01617) - 2022 - 年度业绩
2023-03-30 09:48
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,概不對因本公告全部 或任何部分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。 Nanfang Communication Holdings Limited 南方通信控股有限公司 (於開曼群島註冊成立之有限公司) (股份代號:1617) 截至二零二二年十二月三十一日止年度之全年業績公告 摘要 截至二零二二年十二月三十一日止年度,本集團經營業績如下: • 總收入增加約44.6%至約人民幣633.7百萬元(二零二一年:約人民幣438.3百 萬元) • 毛利增加約343.0%至約人民幣57.4百萬元(二零二一年:約人民幣13.0百萬元) • 毛利率增加約206.4%至約9.1%(二零二一年:約3.0%) • 本公司擁有人應佔年內虧損及綜合開支總額約人民幣8.1百萬元(二零二一年: 約人民幣59.9百萬元) ...
南方通信(01617) - 2022 - 中期财报
2022-09-28 09:04
Financial Performance - Total revenue increased by approximately 103.1% to about RMB 334.3 million for the six months ended June 30, 2022, compared to RMB 164.6 million for the same period in 2021[6]. - Gross profit rose by approximately 3.5% to about RMB 12.5 million, while the gross margin decreased from approximately 7.3% to about 3.7%[7][8]. - The loss attributable to the owners of the company decreased by approximately 46.8% to about RMB 19.6 million, compared to RMB 36.8 million for the same period in 2021[8][12]. - Basic loss per share was approximately RMB 0.013, down from RMB 0.033 for the six months ended June 30, 2021[13]. - The net loss for the period was RMB 19.59 million, a reduction from a loss of RMB 36.82 million in the same period of the previous year[89]. - The company reported a loss attributable to owners of RMB 19,590,000 for the six months ended June 30, 2022, compared to a loss of RMB 36,823,000 in the same period of 2021, representing a 46.8% improvement[124]. Revenue Breakdown - Revenue from the optical cable and fiber distribution network equipment segment contributed approximately RMB 305.0 million, representing an increase of about 85.3% and accounting for 91.2% of total revenue[14]. - The group reported total revenue of RMB 334,341,000 for the six months ended June 30, 2022, with a breakdown of RMB 304,974,000 from the manufacturing and sales of optical cables and optical fiber distribution network equipment, and RMB 29,367,000 from the processing and sales of color-coated steel sheets[112]. Expenses and Costs - Sales costs increased by approximately 111.0% to about RMB 321.9 million, compared to RMB 152.5 million for the same period in 2021[16]. - Selling and distribution expenses rose by approximately 44.8% to about RMB 11.7 million, compared to RMB 8.1 million for the same period in 2021[20]. - Management expenses decreased to approximately RMB 21.4 million, down from RMB 32.4 million for the six months ended June 30, 2021[21]. - Research costs for the reporting period amounted to RMB 20.4 million, an increase of approximately 37.6% compared to RMB 14.8 million for the same period last year[22]. - The employee cost for the company was approximately RMB 16.5 million for the reporting period, down from RMB 29.3 million for the same period last year[46]. Cash Flow and Financial Position - As of June 30, 2022, the group's cash and bank deposits totaled approximately RMB 510.4 million, an increase of about 17.1% from RMB 435.9 million as of December 31, 2021[31]. - The net cash generated from operating activities for the six months ended June 30, 2022, was RMB 30,991,000, compared to a net cash used of RMB 12,323,000 in the same period of 2021[99]. - The company incurred a net cash used in investing activities of RMB 121,838,000 for the six months ended June 30, 2022, compared to a net cash generated of RMB 1,241,000 in the same period of 2021[99]. - The company raised RMB 251,199,000 from bank borrowings during the six months ended June 30, 2022, compared to RMB 150,000,000 in the same period of 2021[99]. Assets and Liabilities - Total assets as of June 30, 2022, amounted to RMB 951.04 million, an increase from RMB 890.44 million as of December 31, 2021[91]. - The company's total equity attributable to owners was RMB 747,518,000, a decrease of 2.1% from RMB 767,108,000 as of December 31, 2021[93]. - The company's total non-current liabilities as of June 30, 2022, were RMB 21,162,000, a decrease from RMB 22,499,000 as of December 31, 2021[93]. - Trade payables as of June 30, 2022, were RMB 246,594,000, an increase of 119.9% from RMB 112,492,000 as of December 31, 2021[133]. Shareholder Information - As of June 30, 2022, Pacific Mind Development Limited holds 840,000,000 shares, representing 56.82% of the total issued shares of the company[55]. - The beneficial ownership of shares by Pacific Mind is held through UBS Nominee Limited, which acts as a nominee for UBS TC (Jersey) Limited, the trustee of a family trust established by Ms. Yu Min[55]. - The family trust established by Ms. Yu Min is a significant factor in the ownership structure of the company, influencing the control of shares[55]. Corporate Governance - The company is committed to high standards of corporate governance, enhancing management effectiveness and transparency[70]. - The audit committee consists of three independent non-executive directors, ensuring oversight of financial reporting[72]. - The company has complied with the Securities and Futures Ordinance regarding the disclosure of interests and short positions[56]. Market and Industry Insights - The cumulative optical fiber production in China reached approximately 165 million core kilometers in the first half of 2022, representing a year-on-year growth of about 17.9%[48]. - The demand for optical fibers in the Chinese market is expected to reach approximately 261 million core kilometers in 2022, with a year-on-year growth of about 6.5%[50]. - The group operates primarily in China, with all non-current assets (excluding financial assets and deferred tax assets) located in the country[116]. Risk Management - The group faces cash flow interest rate risk due to floating rate financial instruments, but currently does not use any derivative contracts to hedge against this risk[38]. - The company does not foresee significant credit concentration risk beyond the mentioned trade receivables[43]. Environmental and Compliance - The group is dedicated to reducing environmental impact and complying with relevant environmental laws and regulations[76]. - The group has not been aware of any significant non-compliance with applicable laws and regulations during the reporting period[78].
南方通信(01617) - 2021 Q4 - 年度财报
2022-06-22 12:02
Financial Proceeds - The net proceeds from the placement amount to approximately HKD 30.0 million after deducting placement commissions and related expenses of about HKD 772,000[2] - The entire net proceeds from the placement have been utilized for repaying operating capital loans, which were used to cover operational expenses including utility costs, salaries, and payments to suppliers[4] Report Accuracy - The company confirms that all other contents of the 2021 annual report remain accurate and unchanged[5]
南方通信(01617) - 2021 - 中期财报
2021-09-28 10:16
育厅 谢市 Nanfang Communication Nanfang Communication Holdings Limited 南方通信控股有限公司 | --- | --- | --- | |--------------------------------|-------|------------------------------------------------| | | | | | (於開曼群島註冊成立之有限公司) | | | | (股份代號: 1617) | | | | | | | | | 2021 | 中期報告 | | | | | | | | SMART LINKS START THE FUTURE 智慧聯接 啟動未來 | 智慧聯接 啟動未來 SMART LINKS START THE FUTURE 目 錄 公司資料 2 財務摘要 3 管理層討論及分析 4 其他資料 11 簡明合併損益及其他綜合收益表 18 簡明合併財務狀況表 19 簡明合併權益變動表 21 簡明合併現金流量表 22 簡明合併財務報表附註 23 2021年中期報告 1 公司資料 | --- | --- | |-------- ...
南方通信(01617) - 2020 - 年度财报
2021-04-28 10:24
SMART LINKS START THE FUTURE 智慧聯接 啟動未來 2020 年 報 旬月咱信 Nanfang Communication Nanfang Communication Holdings Limited 南方通信控股有限公司 (於開曼群島註冊成立之有限公司) (股份代號: 1617) 目 錄 公司資料 2 公司概況 3 財務摘要 4 五年財務概要 5 主席報告 6 管理層討論及分析 9 董事及高級管理層履歷 20 董事會報告 24 企業管治報告 33 獨立核數師報告 44 合併損益及其他綜合收益表 50 合併財務狀況表 51 合併權益變動表 53 合併現金流量表 54 合併財務報表附註 56 SMART LINKS START THE FUTURE 智慧聯接 啟動未來 11 南方通信控股有限公司 2020 年年報 南方通信控股有限公司 2020 年年報 公司資料 | --- | --- | |--------------------------------|-----------------------------------------| | | | | 董事會 | 核數師 | | ...