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奥克斯国际(02080.HK)6月6日收盘上涨9.43%,成交7.1万港元
Sou Hu Cai Jing· 2025-06-06 08:27
机构评级方面,目前暂无机构对该股做出投资评级建议。 行业估值方面,地产行业市盈率(TTM)平均值为4.9倍,行业中值-0.14倍。奥克斯国际市盈率5.79 倍,行业排名第25位;其他百仕达控股(01168.HK)为0.02倍、百仕达控股(02983.HK)为0.45倍、恒 达集团控股(03616.HK)为1.71倍、中国新城市(01321.HK)为2.36倍、美联集团(01200.HK)为2.53 倍。 6月6日,截至港股收盘,恒生指数下跌0.48%,报23792.54点。奥克斯国际(02080.HK)收报0.29港元/ 股,上涨9.43%,成交量25万股,成交额7.1万港元,振幅3.77%。 最近一个月来,奥克斯国际累计涨幅21.56%,今年来累计涨幅6.85%,跑输恒生指数19.18%的涨幅。 财务数据显示,截至2024年9月30日,奥克斯国际实现营业总收入1.52亿元,同比减少11.02%;归母净 利润1290.37万元,同比增长69%;毛利率90.57%,资产负债率54.67%。 2025年6月27日,披露2024财年年报 (以上内容为金融界基于公开消息,由程序或算法智能生成,不作为投资建议或交易依据 ...
奥克斯国际(02080.HK)5月26日收盘上涨11.0%,成交3.37万港元
Sou Hu Cai Jing· 2025-05-26 08:32
5月26日,截至港股收盘,恒生指数下跌1.35%,报23282.33点。奥克斯国际(02080.HK)收报0.222港 元/股,上涨11.0%,成交量15.6万股,成交额3.37万港元,振幅10.5%。 最近一个月来,奥克斯国际累计跌幅8.26%,今年来累计跌幅19.35%,跑输恒生指数17.65%的涨幅。 财务数据显示,截至2024年9月30日,奥克斯国际实现营业总收入1.52亿元,同比减少11.02%;归母净 利润1290.37万元,同比增长69%;毛利率90.57%,资产负债率54.67%。 行业估值方面,地产行业市盈率(TTM)平均值为4.82倍,行业中值-0.14倍。奥克斯国际市盈率4.37 倍,行业排名第15位;其他百仕达控股(01168.HK)为0.27倍、恒达集团控股(03616.HK)为1.71倍、 美联集团(01200.HK)为2.39倍、瑞森生活服务(01922.HK)为2.82倍、中奥到家(01538.HK)为2.94 倍。 资料显示,奥克斯国际控股有限公司成立于2008年7月,是一家以集物业管理、咨询、保洁等为一体的综 合性物业服务企业。具备国家一级资质、全国物业百强33名、香港上市 ...
奥克斯国际(02080) - 2025 - 中期财报
2024-12-30 09:27
Financial Performance - The Group recorded a net profit of approximately HK$14.3 million for the six months ended September 30, 2024, compared to HK$8.5 million for the same period in 2023, representing an increase of 68.2%[35] - The Group's consolidated profit for the Reporting Period was HK$14.3 million, reflecting a commendable financial turnaround[28] - Profit from continuing operations increased by HK$1.4 million from HK$15.4 million to HK$16.8 million for the six months ended 30 September 2024[47] - The unaudited loss from discontinued operations was approximately HK$2.5 million, a significant reduction from HK$6.9 million for the same period in 2023[47] - The company reported an adjusted EBITDA of 29,841,000 HKD, an increase from 24,827,000 HKD in the previous period, reflecting a growth of approximately 19.5%[197] Business Operations - The cessation of the lifestyle entertainment business contributed significantly to the increase in net profits, with a reported segment loss decreasing during the Reporting Period[28] - The Group's strategic decision to discontinue its lifestyle entertainment business positively impacted overall financial performance during the Reporting Period[28] - The Group has successfully discontinued its lifestyle entertainment operations in Hong Kong, reallocating resources to sectors with better growth prospects[89] - The Group's focus remains on providing property management services and related value-added services in the PRC[39] - The Group is focused on expanding its business scope through property management and associated value-added services[79] Cost Management - Operating costs for property cleaning expenses decreased from approximately HK$33.8 million to HK$29.5 million, a reduction of 12.7%[36] - Utilities and repair and maintenance expenses decreased by 4.8% or HK$0.8 million to approximately HK$16.0 million, attributed to the implementation of an energy-saving program[38] - Property cleaning expenses decreased by HK$4.3 million to approximately HK$29.5 million for the six months ended 30 September 2024[49] - Staff costs decreased by approximately 2.9% or HK$1.9 million to approximately HK$63.0 million for the six months ended 30 September 2024[50] - Other operating expenses increased by approximately 39.3% or HK$5.5 million to approximately HK$19.5 million for the six months ended 30 September 2024[51] Market Challenges - The property management sector in China faced challenges, including a decrease in new contracts and increased operational costs due to the economic environment[28] - The real estate sector in China continued to undergo adjustments, affecting the property management sector's performance[28] - The macroeconomic environment presented challenges, including a slowdown in economic growth and uncertainties in interest rates, impacting the overall market landscape[28] Revenue Streams - Revenue from property management contracts for the six months ended 30 September 2024 was approximately HK$148.4 million, stable compared to HK$148.8 million for the same period in 2023[43][45] - Revenue from property management related value-added services decreased from HK$40.8 million to HK$20.3 million, a decline of approximately 50%[47] - Revenue from club operations, including entrance fees and event rental income, is a key component of the company's overall revenue[199] Financial Position - As of September 30, 2024, the Group's cash and bank deposits amounted to approximately HK$57.9 million, a decrease from HK$298.7 million as of March 31, 2024[68] - Total interest-bearing borrowings as of September 30, 2024, were approximately HK$74.7 million, up from HK$58.4 million as of March 31, 2024[69] - The Group's equity was approximately HK$255.1 million as of September 30, 2024, compared to HK$230.0 million as of March 31, 2024[71] - The current ratio as of September 30, 2024, was 1.7 times, down from 2.5 times as of March 31, 2024[66] - The Group's total current assets were approximately HK$428.2 million as of September 30, 2024, down from HK$448.9 million as of March 31, 2024[66] Shareholder Information - The Group's major shareholder, Zheng Jian Jiang, holds 68.55% of the issued share capital, amounting to 337,950,000 shares[103] - As of September 30, 2024, the company has issued a total of 492,984,000 shares[125] - Ze Hui Limited holds a long position of 337,950,000 ordinary shares, representing approximately 68.55% of the issued share capital[132] - Mr. Zheng Jiang is deemed to be interested in 10% of the issued share capital of Huiri Limited and China Prosper Enterprise Holding Co., Ltd.[128] Corporate Governance - The Company has complied with the Corporate Governance Code during the six months ended September 30, 2024[155] - The Audit Committee reviewed the unaudited consolidated results for the six months ended September 30, 2024, with no disagreements noted[166] - During the six months ended September 30, 2024, neither the Company nor its subsidiaries purchased, sold, or redeemed any of the Company's listed securities[165] Future Plans - Future plans include exploring different business and investment opportunities to diversify income streams, subject to Board approval and compliance with applicable listing rules[75] - The Group remains optimistic about profitability in its property management business despite a slowing real estate market in China[78] Share Option Scheme - The 2024 Share Option Scheme aims to attract and retain talent to promote sustainable development of the group[137] - The 2024 Share Option Scheme is valid for 10 years from February 20, 2024, and aims to incentivize eligible participants for their contributions to the Group[149] - No options were granted under the 2024 Share Option Scheme from its adoption date until the interim report date, with a total of 49,298,400 options still available for grant as of September 30, 2024[163]
奥克斯国际(02080) - 2025 - 中期业绩
2024-11-29 13:39
Financial Performance - Revenue for the six months ended September 30, 2024, was HKD 168,758,000, a decrease of 11% compared to HKD 189,659,000 for the same period in 2023[2] - Operating profit for the period was HKD 25,569,000, an increase of 9.2% from HKD 23,370,000 in the previous year[4] - Profit before tax increased to HKD 24,955,000, up 9.3% from HKD 22,835,000 year-on-year[4] - Net profit attributable to shareholders for the period was HKD 14,309,000, compared to HKD 8,467,000 in the same period last year, representing a significant increase of 68.5%[6] - Earnings per share from continuing operations was HKD 3.4 cents, up from HKD 3.1 cents in the previous year[4] - Total comprehensive income for the period was HKD 25,133,000, compared to a loss of HKD 11,568,000 in the same period last year[6] - The reported segment profit (adjusted EBITDA) for the six months ended September 30, 2024, was HKD 29,841 million, an increase of 20.4% compared to HKD 24,827 million for the same period in 2023[35] - Other income for the same period was HKD 5,315 million, down from HKD 7,306 million in 2023, reflecting a decrease of 27.3%[36] - The financing costs increased to HKD 614 million for the six months ended September 30, 2024, compared to HKD 535 million in 2023, representing a rise of 14.8%[40] - The company reported a net loss of HKD 2,466,000 for the six months ended September 30, 2024, compared to a loss of HKD 6,940,000 for the same period in 2023, indicating an improvement in performance[49] Assets and Liabilities - Non-current assets as of September 30, 2024, totaled HKD 134,649,000, a decrease from HKD 80,244,000 as of March 31, 2024[9] - Current liabilities increased to HKD 251,621,000 from HKD 178,420,000, indicating a rise in short-term obligations[10] - The company's total assets less current liabilities stood at HKD 311,181,000, down from HKD 350,696,000[10] - The total assets reported were HKD 551,301 million as of September 30, 2024, compared to HKD 519,748 million as of March 31, 2024, indicating an increase of 6.0%[35] - The total liabilities reported were HKD 152,125 million as of September 30, 2024, slightly down from HKD 153,591 million as of March 31, 2024, showing a decrease of 1.0%[35] - The group’s cash and cash equivalents as of September 30, 2024, included significant receivables from entities controlled by the major shareholder, totaling HKD 1,680,000[61] - The group’s non-current liabilities included loans from the major shareholder amounting to HKD 39,320,000, which are interest-free and repayable within two years[66] - The group’s total issued share capital remained at 10,000,000 shares with a par value of HKD 0.01 as of September 30, 2024[69] - The group’s current ratio was approximately 1.7 times as of September 30, 2024, down from 2.5 times as of March 31, 2024[91] Business Operations - The company continues to focus on expanding its business in the restaurant and property management sectors, aiming for strategic growth in these areas[14] - The group has diversified its customer base, with no single customer accounting for over 10% of total revenue during the reporting period[25] - The group has ceased operations in the Hong Kong leisure sector, which included club, restaurant, and bar operations, now classified as discontinued operations[21] - The group operates three reportable segments based on business lines and geographical locations, focusing on property management and related value-added services in mainland China[19] - The group aims to focus on improving its property management portfolio and expanding its value-added service offerings following the termination of the entertainment business[80] - The overall financial performance has benefited from the strategic decision to terminate the entertainment business, resulting in a net profit of HKD 14.3 million for the reporting period[79] - The group recorded a net profit of approximately HKD 14.3 million for the six months ended September 30, 2024, compared to HKD 8.5 million for the same period in 2023, representing an increase primarily due to the cessation of the lifestyle entertainment business[85] - The group reported a loss of approximately HKD 2.5 million from discontinued operations for the six months ended September 30, 2024, compared to a loss of HKD 6.9 million for the same period in 2023[85] Employee and Operational Costs - Employee costs decreased by approximately 2.9% or HKD 1.9 million to about HKD 63.0 million for the six months ended September 30, 2024, mainly due to a reduction in the number of property management projects[88] - Operating costs for property cleaning decreased from approximately HKD 33.8 million to about HKD 29.5 million, a reduction of HKD 4.3 million[87] - Other operating expenses increased by approximately 39.3% or HKD 5.5 million to about HKD 19.5 million, primarily due to an increase in security costs[90] Compliance and Accounting - The financial report was prepared in accordance with Hong Kong Accounting Standards (HKAS) No. 34, ensuring compliance with applicable disclosure requirements[16] - The group has not adopted any new accounting standards or interpretations that have not yet become effective during the reporting period[18] - The group anticipates no significant impact on its financial performance or position from the recent amendments to accounting standards that became effective during the reporting period[18] - The group’s management has made significant judgments and estimates regarding the application of accounting policies and the reporting amounts of assets, liabilities, income, and expenses[16] - The group’s interim financial report includes a condensed consolidated financial statement and selected explanatory notes, which highlight significant changes in financial position and performance since the last annual financial statements[16] Future Outlook - The group remains optimistic about its property management business's profitability despite a slowdown in the Chinese real estate market[103] - The group has successfully terminated its leisure business in Hong Kong to focus resources on higher growth potential industries[103] - The group is committed to leveraging its established brand and expertise to seek new investments and expand its business scope[104] - There have been no significant events affecting the company since the end of the reporting period on September 30, 2024[106]
奥克斯国际(02080) - 2024 - 年度财报
2024-07-30 09:35
Revenue Performance - Revenue from the lifestyle entertainment segment decreased by HK$6.0 million, representing a decline of 28.6% from HK$21.0 million last year to HK$15.0 million for the Year[15]. - The property management services revenue decreased by HK$21.4 million from HK$319.7 million to HK$298.3 million for the Year, primarily due to reduced office management services[22]. - Total revenue from the property management business decreased by HK$12.3 million from HK$376.1 million last year to HK$363.8 million for the Year[24]. - Revenue from property management related value-added services increased by HK$9.1 million from HK$56.4 million to HK$65.5 million for the Year[23]. - The Group's revenue from Continuing Operations decreased by approximately 3.3% to approximately HK$363.8 million for the Year[49]. - Revenue from property management related value-added services increased by HK$9.1 million, from HK$56.4 million in FY2023 to HK$65.5 million for the Year[49]. - Revenue from Discontinued Operations decreased by HK$6.0 million, from HK$21.0 million in FY2023 to HK$15.0 million for the Year[54]. Business Strategy and Focus - The decision to discontinue the lifestyle entertainment business was made to optimize shareholder value and focus on sustainable growth areas[15]. - The company aims to reallocate resources towards areas with significant value creation and emerging opportunities following the closure of the lifestyle entertainment business[16]. - The decision to close the lifestyle entertainment business was made to reallocate resources towards core competencies in property management[41]. - The Group aims to enhance operational efficiency and focus on areas with higher growth potential following the closure of the lifestyle entertainment business[41]. - The Group intends to evaluate growth strategies and explore investment opportunities across various sectors, which may include acquisitions or disposals, funded by cash generated from operations[81]. - The Group plans to conduct a comprehensive evaluation of its development strategy, considering investments in various industries to expand revenue sources[85]. - The Group is optimistic about future prospects, focusing on property management and expanding value-added services to capitalize on emerging market opportunities[89]. - The Group's strategic pivot away from the lifestyle entertainment business in Hong Kong allows for resource allocation to areas with greater growth potential[90]. Operational Efficiency and Challenges - The company acknowledges the challenging operating environment characterized by subdued consumer sentiment and changing spending patterns[14]. - The lifestyle entertainment segment has struggled to sustain profitability in recent years, leading to the strategic realignment of resources[15]. - The decline in relatively short-term management projects presented unique challenges, prompting the company to refine its value-added services[23]. - The management team is committed to navigating market uncertainties with strategic clarity and agility[31]. Financial Performance and Costs - Profit for the year generated from Continuing Operations decreased by HK$24.6 million from HK$53.8 million in FY2023 to HK$29.2 million for the Year[53]. - Staff costs from Continuing Operations increased by HK$4.5 million from HK$125.9 million in FY2023 to HK$130.4 million for the Year[61]. - Utilities expenses from Continuing Operations decreased by approximately HK$2.0 million from HK$10.9 million in FY2023 to HK$8.9 million during the Year[62]. - Other operating expenses from Continuing Operations decreased by approximately HK$2.7 million to HK$34.2 million for the Year, representing a decrease of 7.3%[63]. - Employee costs for the ongoing business increased from HK$125.9 million in FY2023 to HK$130.4 million in FY2024, a rise of HK$4.5 million[65]. - Utilities and maintenance expenses for ongoing operations decreased by approximately HK$1.7 million (6.0%) to HK$26.7 million in FY2024, down from HK$28.4 million in FY2023[66]. - Other operating expenses for ongoing business decreased by approximately HK$2.7 million (7.3%) to HK$34.2 million in FY2024, compared to HK$36.9 million in FY2023[67]. Asset Management and Financial Position - As of March 31, 2024, the Group's total current assets were approximately HK$448.9 million, up from HK$380.3 million on March 31, 2023, while current liabilities decreased to approximately HK$178.4 million from HK$234.6 million[69]. - The current ratio improved to about 2.5 times as of March 31, 2024, compared to 1.6 times on March 31, 2023[69]. - Cash at bank and in hand increased to approximately HK$298.7 million as of March 31, 2024, from approximately HK$286.4 million on March 31, 2023[70]. - Total interest-bearing borrowings decreased to approximately HK$58.4 million as of March 31, 2024, down from HK$68.6 million on March 31, 2023[71]. - The gearing ratio remained stable at 0.3 as of March 31, 2024, consistent with the ratio on March 31, 2023[71]. Corporate Governance and Leadership - The Company has a strong leadership team with diverse backgrounds in finance, accounting, and management, enhancing its operational capabilities[106][107][108][112]. - The Company is focused on expanding its business in manufacturing electrical and household appliances, healthcare, and finance investment sectors[106]. - The management team is committed to understanding their obligations as directors of a listed issuer, ensuring compliance with regulatory requirements[106][109]. - The Company aims to leverage its strong shareholder base and management expertise to drive future growth and market expansion[106][107]. - The Board consists of four executive Directors and three independent non-executive Directors, with independent non-executive Directors representing more than one-third of the Board[126]. - The roles of Chairman and Chief Executive Officer are held separately, with Mr. Zheng Jiang as Chairman and Mr. Chan Hon Ki as CEO, responsible for governance and day-to-day management respectively[139]. - The company emphasizes the importance of corporate governance and has adopted effective governance procedures to enhance performance and corporate image[128]. - The Board encourages continuous professional development for all directors to refresh their knowledge and skills[136]. Audit and Risk Management - The Audit Committee, established on January 3, 2014, oversees the financial reporting process and compliance[158]. - The Audit Committee reviewed the accuracy and fairness of the annual financial statements for the year ended March 31, 2023, and the interim financial report for the six months ended September 30, 2023[164]. - The Audit Committee monitored the Company's compliance with legal and regulatory requirements[165]. - The Audit Committee conducted an annual review of the risk management and internal control systems, ensuring adequacy in resources and staff qualifications[191]. - The enterprise risk management framework was established in 2016, with the Board responsible for maintaining effective internal controls[198]. - Risks are identified, assessed, prioritized, and treated through a framework following the COSO Enterprise Risk Management-Integrated Framework[199]. - The Audit Committee oversees risk management and internal audit functions, receiving regular reports from the Board[199].
奥克斯国际(02080) - 2024 - 年度业绩
2024-06-28 13:01
Financial Performance - The revenue from continuing operations decreased by approximately 3.3% to about HKD 363.8 million for the fiscal year[17]. - The group reported a profit from continuing operations of HKD 29.2 million for the year, compared to HKD 51.1 million in the previous year[46]. - The basic and diluted earnings per share from continuing operations were HKD 0.059, down from HKD 0.104 in the previous year[46]. - The group reported a total comprehensive loss of HKD 1.99 million for the year, compared to a total comprehensive income of HKD 2.41 million in the previous year[49]. - Revenue for the year 2024 was HKD 363,849,000, a decrease of 3.4% from HKD 376,119,000 in 2023[57]. - Operating profit decreased to HKD 45,428,000 in 2024 from HKD 73,201,000 in 2023, representing a decline of 37.9%[57]. - Profit before tax for 2024 was HKD 44,345,000, down 38.4% from HKD 71,775,000 in 2023[57]. - Net profit for the year was HKD 16,721,000, a decrease of 30.6% compared to HKD 24,136,000 in 2023[58]. - The company reported a total revenue for continuing operations of HKD 378,817,000, down from HKD 397,092,000, representing a decline of 4.5%[125]. - The overall profit for the company decreased from HKD 24.1 million in the previous fiscal year to HKD 16.7 million, a reduction of HKD 7.4 million[189]. Discontinued Operations - The group reported a loss from discontinued operations of HKD 12.5 million for the current fiscal year, a reduction of HKD 17.1 million compared to the previous year's loss of HKD 29.6 million[20]. - The company reported a loss from discontinued operations of HKD (12,461,000) in 2024, an improvement from a loss of HKD (29,633,000) in 2023[57]. - The operating loss from discontinued operations was 12,461,000 HKD, a significant improvement from 29,633,000 HKD in the previous year[151]. - The company has decided not to renew the lease agreement for its entertainment business, which has been classified as discontinued operations[178]. Operational Efficiency and Strategy - The group aims to enhance operational efficiency and concentrate on core competencies in property management and related value-added services[15]. - The group plans to strategically exit the entertainment business in Hong Kong to focus resources on areas with greater growth potential[28]. - The group is evaluating its development strategy to expand revenue sources through investments in various industries, including property management and information technology[26]. - The company plans to focus on expanding its property management-related value-added services as a key growth driver[197]. - Future strategies include leveraging government subsidies for financial support and employee compensation, which may positively impact operational efficiency[77]. Employee and Cost Management - The company had approximately 952 employees as of March 31, 2024, a decrease from 994 employees as of March 31, 2023[37]. - Employee costs, including defined contribution retirement plan contributions, totaled HKD 21,046,000, slightly down from HKD 21,166,000, a decrease of 0.6%[126]. - Employee costs for continuing operations rose by HKD 4.5 million to HKD 130.4 million, compared to HKD 125.9 million in the previous fiscal year[190]. - The group’s property cleaning expenses related to continuing operations decreased from HKD 73.1 million in the previous fiscal year to HKD 68.1 million[18]. - Other operating expenses for continuing operations decreased by approximately HKD 2.7 million (7.3%) to HKD 34.2 million for the current fiscal year[23]. Assets and Liabilities - As of March 31, 2024, the total current assets of the group were approximately HKD 448.9 million, an increase from approximately HKD 380.3 million as of March 31, 2023[33]. - The total current liabilities were approximately HKD 178.4 million, down from approximately HKD 234.6 million as of March 31, 2023, resulting in a current ratio of approximately 2.5 times compared to 1.6 times in the previous year[33]. - The company’s total liabilities decreased to HKD 299,154,000 in 2024 from HKD 305,784,000 in 2023, indicating a reduction of about 2.1%[99]. - The net value of current assets was 270,452 thousand HKD, compared to 145,686 thousand HKD, showing significant improvement[80]. - The company has no pledged assets as of March 31, 2024, maintaining the same status as the previous year[164]. Revenue Sources and Business Segments - The property management business generated revenue of 65.5 million HKD, an increase of 9.1 million HKD from 56.4 million HKD in the previous fiscal year[156]. - Revenue from property management contracts decreased from HKD 319.7 million in the previous fiscal year to HKD 298.3 million, a decline of HKD 21.4 million[185]. - The company is focusing on expanding its service offerings in the restaurant and bar sectors, aiming to enhance revenue streams[89]. - The company’s customer base is diversified, with no single customer accounting for more than 10% of total revenue as of March 31, 2024[70]. Financial Reporting and Compliance - The group’s financial statements have been prepared in accordance with all applicable Hong Kong Financial Reporting Standards[54]. - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and compliance[40].
奥克斯国际(02080) - 2024 - 中期财报
2023-12-28 08:03
Revenue Performance - The Group recorded revenue of approximately HK$199.9 million for the six months ended 30 September 2023, representing an increase of 22.7% compared to HK$162.9 million for the same period in 2022[17]. - The increase in revenue was attributed to the commencement of value-added services in the second half of 2022, contributing approximately HK$40.8 million, and an increase of approximately HK$3.8 million from the Lifestyle Entertainment Segment due to the resumption of normal business hours after lifting Covid-19 measures[17]. - The Group's total revenue for the six months ended September 30, 2023, was HK$199,875,000, compared to HK$162,931,000 in the same period of 2022, reflecting an overall increase of 22.7%[160]. - Revenue from club and restaurant operations in Hong Kong increased to HK$10,216,000 for the six months ended September 30, 2023, compared to HK$6,411,000 in the same period of 2022, representing a growth of 59.5%[160]. - Revenue from property management contracts in Mainland China was HK$156,520,000 for the six months ended September 30, 2023, slightly down from HK$148,831,000 in the previous period, indicating a decrease of 5.1%[160]. - The Group's revenue from property management related value-added services in Mainland China was HK$40,828,000 for the six months ended September 30, 2023, with no revenue reported in the previous period[160]. Profitability and Earnings - The Group recorded a net profit of approximately HK$8.5 million for the six months ended 30 September 2023, down from approximately HK$18.3 million for the same period in 2022[31][33]. - Profit for the period was HK$8,467,000, down 53.7% from HK$18,290,000 in the previous year[121]. - Basic and diluted earnings per share decreased to 1.7 cents from 3.2 cents year-on-year[121]. - Profit before taxation for the six months ended September 30, 2023, was HK$15,895,000, down from HK$24,271,000 in 2022, a decline of 34.5%[176]. - Profit before taxation for the six months ended 30 September 2023 was $8,467,000, a decrease of 46.1% compared to $15,665,000 for the same period in 2022[193]. - Total comprehensive income for the period was HK$(11,568,000), compared to HK$(12,343,000) in the previous year, showing a slight improvement[123]. Operational Costs and Expenses - Staff costs increased by approximately 3.9% or HK$2.7 million to approximately HK$72.2 million for the six months ended 30 September 2023, primarily due to an increase in the number of staff in the Lifestyle Entertainment Segment[21]. - Advertising and marketing expenses increased by approximately 127.3% or HK$1.4 million to approximately HK$2.5 million for the six months ended 30 September 2023 from approximately HK$1.1 million for the same period in 2022[22][24]. - Total operating expenses decreased to $15,596,000 in 2023 from $19,494,000 in 2022, reflecting a reduction of 20.5%[185]. - Legal and professional fees increased to $2,543,000 in 2023 from $2,306,000 in 2022, an increase of 10.3%[185]. - The cost of inventories sold increased significantly to HK$42,690,000 from HK$5,465,000, indicating a substantial rise in operational costs[121]. Financial Position and Assets - As of 30 September 2023, the Group's total current assets were approximately HK$359.7 million, down from HK$380.2 million as of 31 March 2023, while current liabilities decreased to approximately HK$192.0 million from HK$234.6 million[32][34]. - The current ratio improved to 1.9 times as of 30 September 2023, compared to 1.6 times as of 31 March 2023[32][34]. - Cash at bank and in hand was approximately HK$263.1 million as of 30 September 2023, down from HK$286.4 million as of 31 March 2023[36][38]. - Non-current assets decreased from HK$157,480,000 to HK$143,079,000, a reduction of 9.1%[126]. - Current assets decreased from HK$380,260,000 to HK$359,664,000, a decline of 5.4%[126]. - Net current assets increased to HK$167,632,000, up 15.0% from HK$145,686,000[127]. Strategic Initiatives and Challenges - The Lifestyle Entertainment Segment faced significant challenges post-Covid-19, with no significant improvement in performance compared to the pandemic period, largely due to shifts in customer behavior towards online entertainment[12]. - The Group's strategic changes in response to the macro-economic environment have not yet yielded significant improvements in the Lifestyle Entertainment Segment[12]. - The economic downturn and changing consumer attitudes have impacted the performance of the Lifestyle Entertainment Segment, necessitating ongoing strategic adjustments[12]. - The Property Management Segment is expected to maintain steady growth and profitability despite a slowdown in China's real estate industry, focusing on high-quality property management services[60]. - The Group plans to expand its value-added services related to property management to create future growth momentum and long-term value for customers and shareholders[61]. Shareholder Information and Corporate Governance - The Group did not recommend the payment of an interim dividend for the six months ended September 30, 2023, consistent with the previous year[65]. - The Company has adopted the Model Code for Securities Transactions as its code of conduct for Directors[66]. - All Directors confirmed full compliance with the Model Code for Securities Transactions during the six months ended September 30, 2023[66]. - The interests of substantial shareholders were disclosed under the provisions of the Securities and Future Ordinance[79]. - The company has complied with the Corporate Governance Code during the six months ended September 30, 2023[102]. Cash Flow and Financing Activities - Cash generated from operations increased significantly to HK$5,452,000 for the six months ended September 30, 2023, compared to HK$1,105,000 in the same period of 2022, representing a growth of approximately 394%[132]. - Net cash used in operating activities improved to HK$(4,748,000) in 2023 from HK$(11,678,000) in 2022, indicating a reduction of about 59%[134]. - Net cash used in financing activities decreased significantly to HK$(5,328,000) in 2023 from HK$(20,530,000) in 2022, a reduction of about 74%[134]. - The effect of foreign exchange rate changes resulted in a decrease of HK$16,705,000 in cash and cash equivalents for the six months ended September 30, 2023, compared to a decrease of HK$28,046,000 in the same period of 2022[134]. Accounting and Reporting Standards - The interim financial report has been prepared in accordance with HKAS 34, ensuring compliance with relevant financial reporting standards[138]. - The company has not applied any new accounting standards that are not yet effective for the current accounting period, indicating stability in accounting practices[151]. - The Group is currently assessing the impacts of new accounting guidelines issued by HKICPA, which may affect future financial reporting[152].
奥克斯国际(02080) - 2024 - 中期业绩
2023-11-29 11:57
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之內容概不負責, 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之任何損失承擔任何責任。 (於開曼群島註冊成立的有限公司) (股份代號:2080) 截至二零二三年九月三十日止六個月 之中期業績公告 奧克斯國際控股有限公司(「本公司」)董事(「董事」)會(「董事會」)謹此欣然宣佈 本公司及其附屬公司(統稱「本集團」)截至二零二三年九月三十日止六個月之未 經審核綜合業績,連同截至二零二二年九月三十日止六個月之比較數字如下: 綜合損益表 截至二零二三年九月三十日止六個月-未經審核 (以港元表示) 截至九月三十日止六個月 二零二三年 二零二二年 附註 千港元 千港元 收益 3 199,875 162,931 其他收益 4 7,329 7,927 其他(虧損)╱收入淨額 5 (135) 12,699 已售存貨成本 (42,690) (5,465) 物業清潔開支 (33,839) (36,124) 員工成本 6(b) (72,200) (69,503) 折舊及攤銷 6(e) (4,599) (4,995 ...
奥克斯国际(02080) - 2023 - 年度财报
2023-07-25 09:15
Revenue and Financial Performance - The Group's revenue increased by approximately 11.2% to approximately HK$397.1 million for the year ended 31 March 2023, driven mainly by a 13.8% increase in revenue from the property management segment[15]. - Revenue from property management services rose by HK$47.9 million from HK$328.2 million last year to HK$376.1 million this year, with value-added services generating HK$56.4 million in revenue[19]. - The lifestyle entertainment segment experienced a revenue decline of HK$8.1 million, representing a decrease of 27.9% from HK$29.1 million last year to HK$21.0 million this year[20]. - Overall group revenue increased by approximately 11.1% to approximately HK$397.1 million despite the decline in the lifestyle entertainment segment[40]. - The net profit for the year turned around from a net loss of HK$0.1 million to a net profit of HK$24.1 million[14]. - The group achieved a turnaround in net results, transitioning from a net loss of HK$0.1 million to a net profit of HK$24.1 million during the Year[47]. - The group reported a net profit of HK$24.1 million, reversing from a net loss of HK$0.1 million in the previous year[50]. Property Management Segment - The property management segment's total GFA under management increased from 8.68 million sq. m last year to 9.0 million sq. m this year[19]. - Property management services revenue increased by HK$47.9 million, from HK$328.2 million in FY21/22 to HK$376.1 million in the Year, primarily due to value-added services generating approximately HK$56.4 million in revenue[39]. - The total managed gross floor area increased from 8.68 million sq.m. to 9.0 million sq.m., with the number of projects managed rising from 65 to 66[38]. - The property management segment has shown consistent revenue growth in recent years, indicating potential for future expansion[86]. - The Group will focus on strengthening its brand reputation and providing more value-added services in the property management segment[90]. Lifestyle Entertainment Segment - The recovery of the Hong Kong market post COVID-19 has been slower than initially anticipated, impacting the lifestyle entertainment business[12]. - The company implemented new marketing strategies to adapt to changing consumer preferences in the lifestyle entertainment segment[20]. - Revenue from the lifestyle entertainment segment decreased by 27.9%, from HK$29.1 million to HK$21.0 million, reflecting changing consumer preferences and increased competition[39]. - The group maintains a cautious outlook on the lifestyle entertainment segment due to slower-than-expected economic recovery in Hong Kong[27]. - The Group aims to enhance operational efficiency and streamline procedures in the lifestyle entertainment segment to maximize productivity and minimize costs[85]. Cost Management - Staff costs decreased by HK$17.3 million, representing a 10.9% reduction, amounting to approximately HK$141.3 million for the Year[48]. - Employee costs decreased by HK$17.3 million (10.9%) to approximately HK$141.3 million, primarily due to reduced manpower needs from COVID-19 and the cessation of the photovoltaic business[51]. - Other operating expenses rose by approximately HK$6.1 million (17.7%) to HK$40.6 million, mainly due to impairment losses on trade receivables[54]. - The group's cost of sold inventory increased by HK$53.6 million to HK$61.3 million due to the expansion of property management services[49]. Corporate Governance - The Company has complied with all applicable code provisions in the Corporate Governance Code for the year ended March 31, 2023[110]. - All independent non-executive Directors confirmed their independence in accordance with the Listing Rules[119]. - The Board comprises seven Directors, reflecting a commitment to diversity in selection based on various perspectives including gender, age, and professional experience[171][172]. - The Company emphasizes corporate transparency and accountability, aiming for high standards of corporate governance[109]. - The Board provides leadership and strategic decisions while overseeing financial performance[112]. Risk Management - The Group has established a risk register to document all identified major risks and actions taken to mitigate them[197]. - The Group maintains a risk register to track major identified risks, which is updated at least annually to reflect new or removed risks[193]. - Risks are assessed annually based on their likelihood and potential impact on the Group[197]. - The effectiveness of the risk management framework will be updated through periodic management meetings[198]. - The Group adopts a "three lines of defense" governance framework for risk management[197]. Future Plans and Opportunities - The company plans to allocate more resources to identify and evaluate new opportunities in value-added services to inject additional growth momentum into the business[22]. - The group remains open to suitable investment prospects in e-commerce and internet information technology to diversify income sources[29]. - The Group plans to explore diverse business and investment opportunities in areas such as trading, property management, and internet information technology to diversify its income streams[73]. - The Group will regularly review its business strategy to seize favorable investment opportunities for sustainable growth[82]. Board Composition and Leadership - The company has appointed Ms. Chen Lingxiao as an executive director since September 1, 2022, with over 13 years of experience in finance and treasury management[99]. - The independent directors bring a wealth of experience from various industries, which can provide valuable insights for the company's strategic direction[100][105]. - The Company has established an enterprise risk management framework since 2016, ensuring effective internal controls are maintained by management while the Board oversees the process[187][191]. - The Board comprised four executive Directors and three independent non-executive Directors as of March 31, 2023, ensuring a strong independent element[113].
奥克斯国际(02080) - 2023 - 年度业绩
2023-06-30 14:24
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之內容概不負責, 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 何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 (於開曼群島註冊成立的有限公司) (股份代號:2080) 截至二零二三年三月三十一日止年度之 年度業績公告 奧克斯國際控股有限公司(「本公司」)董事(「董事」)會(「董事會」)謹此宣佈,本 公司及其附屬公司(統稱「本集團」)截至二零二三年三月三十一日止年度(「本年 度」)之綜合業績連同截至二零二二年三月三十一日止年度(「二零二二年財政年度」) 之比較數字如下: ...