MEDIALINK GROUP(02230)
Search documents
羚邦集团(02230) - 2024 - 年度财报
2024-07-30 14:36
Financial Performance - Total revenue for the year ended March 31, 2024, was HK$488,809,000, representing a 3.1% increase from HK$473,899,000 in 2023[12] - Profit attributable to shareholders increased by 3.0% to HK$48,963,000 compared to HK$47,523,000 in the previous year[12] - The gross profit margin improved slightly to 48.3% from 48.1%[12] - The Group reported a revenue increase of 3.1% to HK$488.8 million for the year ended 31 March 2024[36] - The net profit for the same period rose by 3.0% to HK$49.0 million[36] - Gross profit for the year amounted to HK$235.9 million, representing a year-on-year increase of HK$7.9 million or 3.4%, with a gross profit margin of 48.3%[109] Revenue Breakdown - Media Content Distribution Business revenue increased by 2.6% to HK$322,495,000, while Brand Licensing Business revenue rose by 4.1% to HK$166,314,000[12] - Revenue from Media Content Distribution Business was HK$322.5 million, contributing 66.0% of total revenue, with a modest increase of 2.6%[103] - Revenue from Brand Licensing Business increased by HK$6.6 million or 4.1% to HK$166.3 million, driven by a 37.2% increase in merchandise sales from pop-up stores and online channels[107] Dividends - The proposed final dividend per share is HK$0.32, down from HK$0.42 in the previous year, with a special dividend of HK$0.02 proposed[12] - A final dividend of HK$0.32 per share and a special dividend of HK$0.02 per share were proposed, totaling HK$1.23 per share for the reporting period[32] - The total dividends represent approximately 50% of the Group's profit attributable to shareholders[32] Active Titles and Brands - The number of active media content titles increased by 7% to 702, while the number of active brands in the licensing segment surged by 46% to 379[17] - As of 31 March 2024, the Group has 702 active media content titles and 379 brands in the Asia Pacific region[31] Strategic Initiatives - The Group is developing a new 5-year corporate strategy to be announced at the AGM in 2024[27] - The Group aims to align with national policies to promote Hong Kong as a regional intellectual property trading center and enhance cultural exchanges[37] - The Group plans to expand its proprietary content distribution networks, including Ani-One®, to Indonesia and acquire A Grade Series and Movies in Asia[99] - The Group aims to explore joint ventures and invest in companies that add value to the business and shareholders[99] - The Group will continue to expand licensing rights to more regions and seek collaborations with global brands[99] Partnerships and Collaborations - The Group has invested in the PRC original animation 'Nailoong VS Boomloong' and entered a strategic partnership with Bilibili for exclusive distribution of over 30 PRC animations[37] - The Group became the master licensee for the "Star Trek" franchise in Greater China, managing brand licensing for consumer products and promoting new shows on platforms like Youku and Bilibili[63] - A new licensing deal with BBC Studios Asia was established to promote the Emmy® award-winning preschool animation "Bluey" across Southeast Asia[64] - The Group launched the "Game of Sultans" × "Le Petit Prince" collaboration globally, promoting it prominently in New York's Times Square[69] - The Group partnered with Casetify to create digital gadget accessories based on "Chainsaw Man" and "Jujutsu Kaisen," showcasing the influence of Japanese anime in brand licensing[70] Market Expansion - The Group has expanded inflight distribution to North America and Europe, providing eight top-tier Chinese movies for inflight entertainment during the reporting period[53] - The Group has strengthened its intellectual property influence and increased revenue sources through global partnerships with platforms like Bilibili, Crunchyroll, and Netflix[40] Corporate Governance - The company has complied with the corporate governance code provisions throughout the year ended March 31, 2024, except for one provision regarding the roles of chairman and CEO[181] - The board consists of executive, non-executive, and independent non-executive directors, ensuring compliance with the Listing Rules[188] - All directors are subject to retirement by rotation and re-election at the annual general meetings[191] Financial Position - The current ratio improved to 2.6 from 2.5, indicating better liquidity[12] - The total equity increased from HK$565,000,000 to HK$588,000,000 during the year[19] - The liquidity position remains strong, allowing the company to expand in accordance with its business strategy[157] - The company did not have any interest-bearing or external borrowings as of March 31, 2024, making the gearing ratio and debt to equity ratio not applicable[156] Awards and Recognition - The company received the "Top 10 IP Licensing Agency" award at the Jade Monkey Awards, highlighting its strong performance in brand licensing[93] - The company was recognized as one of the "Top 10 Culture Export Enterprises" at the Digital Culture Export Forum, commending its contributions to promoting Chinese animation overseas[90]
羚邦集团(02230) - 2024 - 年度业绩
2024-06-27 14:46
Financial Performance - The company reported a total revenue of HK$488.8 million for the year ended March 31, 2024, representing a year-on-year growth of 3.1%[20]. - The net profit for the same period was HK$49.0 million, reflecting a year-on-year increase of 3.0%[20]. - The gross profit for the year was HKD 235.9 million, an increase of HKD 7.9 million (or 3.4%), with a gross profit margin of 48.3%, slightly up from 48.1% last year[45]. - The company's net profit attributable to shareholders was HKD 49.0 million, up by HKD 1.4 million or 3.0% from the previous year[79]. - The adjusted profit before tax for the company was HKD 57,749,000, an increase from HKD 52,050,000 in the previous year, representing a growth of approximately 10.3%[161]. - The company reported a total tax expense of HKD 8,786,000 for 2024, compared to HKD 4,527,000 in 2023, indicating a significant increase of 94.9%[183]. Revenue Breakdown - Revenue from the media content distribution business was HK$322.5 million, with a year-on-year growth of 2.6%[20]. - Revenue from the brand licensing business reached HK$166.3 million, showing a year-on-year growth of 4.1%[20]. - Revenue from media content distribution remains the largest source of income for the group, accounting for 66.0% of total revenue, with a growth of 2.6% driven by increased demand for media content[43]. - The media content distribution segment generated revenue of HKD 314,454,000, while the brand licensing segment contributed HKD 159,701,000, totaling HKD 474,155,000[177]. - Media content distribution revenue for 2024 reached HKD 324,947,000, a 3.8% increase from HKD 314,454,000 in 2023[179]. - Brand licensing revenue for 2024 was HKD 166,314,000, up 4.5% from HKD 159,701,000 in 2023[179]. Strategic Initiatives - The company aims to continue investing in high-quality content and brands, with a focus on expanding its own content and brand portfolio[2]. - The company is preparing a new five-year strategic plan to be announced at the 2024 annual general meeting[16]. - The group has established strategic partnerships with global platforms including Bilibili, Crunchyroll, Disney+, iQIYI, and Netflix to enhance its content distribution network[22]. - The company plans to actively acquire and distribute various top-tier series and films in Asia to expand its distribution footprint globally[66]. - The company has established a new licensing agreement with BBC Studios Asia to promote the award-winning preschool animation "Bluey" in Southeast Asia[55]. Dividends and Shareholder Returns - The company has proposed a final dividend of HK$0.32 per share and a special dividend of HK$0.02 per share, totaling HK$1.23 per share for the reporting period[18]. - The company plans to propose a final dividend of HKD 0.32 per share for 2024, down from HKD 0.42 per share in 2023[184]. - The company declared an interim dividend of HKD 0.89 per share for 2024, an increase from HKD 0.70 per share in 2023[184]. Asset and Liability Management - The net asset value at the beginning of the year was HKD 23,888 million, decreasing to HKD 15,355 million by the end of the year, representing a decline of 35.5%[84]. - Total assets of the company amounted to HKD 909,958,000, with total liabilities at HKD 344,521,000[177]. - Total assets decreased to HKD 593,165,000 in 2024 from HKD 574,836,000 in 2023, reflecting a decline of 3.2%[191]. - The company reported a cash and bank balance of HKD 235.7 million as of March 31, 2024, down from HKD 281.7 million in 2023[141]. - Cash and cash equivalents decreased to HKD 235,727,000 in 2024 from HKD 281,742,000 in 2023, a decline of 16.3%[191]. Operational Highlights - The company has expanded its Ani-One® YouTube channels from 3 to 5, with over 5.5 million subscribers and over 1 billion views[6]. - The newly launched YouTube channels, Dongman Mi™ and Ani-Mi™ Asia, have rapidly gained subscribers, reaching 77,500 and 71,900 respectively[7]. - The company acquired two major animation film IPs, which have grossed approximately ¥8.75 billion and ¥4.23 billion at the Japanese box office as of March 31, 2024[10]. - The number of available effective media content copyrights increased to 702 as of March 31, 2024, from 656 the previous year[42]. - The number of available brands rose to 379, up from 260 year-on-year[42]. Cost Management - The company's sales cost rose by HKD 7.0 million (or 2.9%) to HKD 252.9 million, consistent with revenue growth[97]. - Sales and distribution expenses for the year were HKD 75.8 million, an increase of approximately HKD 15.4 million (or 25.6%) compared to the previous year[99]. - General and administrative expenses amounted to HKD 64.3 million, up HKD 7.1 million (or 12.3%) from the previous year[100]. Compliance and Governance - The company has confirmed compliance with relevant laws and regulations impacting its business operations during the reporting period[128]. - The company has maintained its capital structure without any changes during the reporting period[120]. - The company has not incurred any interest-bearing external borrowings, making capital debt ratio and debt equity ratio not applicable[143].
羚邦集团(02230) - 2024 - 中期财报
2023-12-28 08:25
Financial Performance - Revenue for the six months ended September 30, 2023, increased by 16.3% to HK$247,622,000 compared to HK$212,910,000 in the same period of 2022[13]. - Media Content Distribution Business revenue rose by 19.9% to HK$165,450,000, while Brand Licensing Business revenue increased by 9.7% to HK$82,172,000[13]. - Gross profit margin improved to 49.1% from 47.5% year-on-year[13]. - Profit attributable to shareholders increased by 12.2% to HK$36,198,000 compared to HK$32,258,000 in the previous year[13]. - The interim dividend per share was HK$0.89 cent, representing a 27.1% increase from HK$0.70 cent in the prior period[13]. - The Group's total revenue for the six months ended 30 September 2023 reached HK$247.6 million, representing a period-on-period increase of HK$34.7 million or 16.3%[74]. - Net profit for the period was HKD 36.2 million, reflecting a 12.2% increase[25]. - The Group's gross profit for the six months ended 30 September 2023 amounted to HK$121.5 million, an increase of HK$20.3 million or 20.0%[77]. - The gross profit margin increased by 1.6 percentage points to 49.1% for the six months ended 30 September 2023[77]. - Profit for the period attributable to shareholders increased by HK$3.9 million or 12.2% to HK$36.2 million, with a net profit margin of 14.6%[92]. Business Segments - Revenue from media content distribution business increased by 19.9% to HKD 165.5 million, while brand licensing business revenue rose by 9.7% to HKD 82.2 million[25]. - Revenue from the Brand Licensing Business rose by 9.7% to HK$82.2 million, with merchandise sales contributing HK$25.1 million, an increase of approximately HK$10.0 million or 65.7%[73]. - The total revenue growth reflects the company's successful market expansion and product offerings in both media content and brand licensing sectors[13]. Market Expansion and Collaborations - Ani-One® OTT coverage expanded to 22 platforms across eight territories, adding two new platforms in Taiwan and two new sub-channels on YouTube[27]. - The Ani-One® Asia YouTube channel has over 4.5 million subscribers and more than 700 million accumulated views[30]. - The Group released five movies in Hong Kong and one in Taiwan during the reporting period, including popular titles like "The First Slam Dunk"[35]. - The Group acquired a 49% interest in Sunrise eMarketing Limited to enhance its IP management ecosystem and product reach[39]. - The Group was appointed as the master licensee of the Star Trek franchise for the Greater China Region, managing brand licensing for consumer products[41]. - The Group collaborated with Emperor Jewellery to launch a "Le Petit Prince" collection featuring exquisite solid gold and 18K rose gold pieces[47]. - A special collaboration with BOSS was initiated to celebrate the 80th anniversary of "Le Petit Prince," resulting in a collection that includes t-shirts, shirts, and dresses[48]. - The Group partnered with Casetify to create a range of accessories based on the popular anime "Chainsaw Man," showcasing the influence of Japanese anime[49]. - Collaborations with brands like Bilmola and Secretlab were established to expand into different categories, including a helmet for "Initial D" and a gaming chair for "Jujutsu Kaisen"[50]. Operational Metrics - The number of active media content titles increased by 1.7% to 667, while the number of active brands in the licensing segment rose by 21.5% to 316[18]. - The number of active media content titles available increased from 656 as of March 31, 2023, to 667 as of September 30, 2023, reflecting a growth of approximately 1.68%[66]. - The number of brands available for licensing rose significantly from 260 as of March 31, 2023, to 316 as of September 30, 2023, marking an increase of about 21.54%[66]. Financial Position - The current ratio remained stable at 2.5, while the cash ratio slightly decreased to 0.7 from 0.8[13]. - The company did not have any interest-bearing bank and other borrowings, making the debt to equity ratio not applicable[14]. - Total equity decreased from HKD 594 million as of March 31, 2023, to HKD 565 million as of September 30, 2023[21]. - As of 30 September 2023, the group's cash and bank balances were HK$251.6 million, with net current assets of HK$515.8 million and a current ratio of 2.5 times[113]. - The group did not have any interest-bearing bank and other borrowings, making the gearing ratio not applicable[114]. - The group's net current assets increased to HKD 515.8 million as of September 30, 2023, compared to HKD 487.8 million as of March 31, 2023[118]. Expenses and Costs - The Group's cost of sales increased by HK$14.4 million or 12.9% to HK$126.1 million, in line with revenue growth[76]. - Selling and distribution expenses rose by HK$9.6 million or 35.9% to HK$36.4 million, driven by increased staff costs and marketing expenses[79]. - General and administrative expenses increased by HK$7.9 million or 34.4% to HK$30.7 million, primarily due to higher staff costs[80]. - Other expenses for the reporting period amounted to HK$17.0 million, an increase of HK$1.1 million, primarily due to a write-down of licensed rights and impairment of trade receivables[90]. Taxation and Other Income - Income tax expenses for the period were HK$5.8 million, with an effective tax rate of 13.8%, down from 14.7% in the same period last year[91]. - Other income and gains, net increased by 69.9% to HK$3.8 million, mainly due to increased bank interest income[78]. Share Award Scheme - The total number of Shares underlying all grants made pursuant to the Scheme shall not exceed 10% of the total number of issued Shares as at the Adoption Date, which is 199,200,000 Shares, without Shareholders' approval[179]. - The total number of Award Shares granted to a Selected Participant under the Scheme shall not exceed 5% of the total number of issued Shares as at the Adoption Date[180]. - The Scheme may be altered by a resolution of the Board, provided that no alteration adversely affects the rights of any Selected Participant unless consent is obtained from three-fourths of the nominal value of all Award Shares held by the Trustee[181]. - A total of 41,685,000 Shares have been awarded under the Share Award Scheme, representing approximately 2.1% of the total issued Shares as of the adoption date[190]. - The total number of shares available for issue under the Scheme is 72,395,000 Shares, which is about 3.6% of the issued Shares as of the interim report date[190]. - The remaining life of the Share Award Scheme is approximately 6 years[190]. Corporate Governance - The Company has complied with the corporate governance code provisions, except for code provision C.2.1 regarding the dual role of the Chairman and Chief Executive Officer[195]. - The Company has adopted the corporate governance code as its own code of corporate governance[195]. - The interests and short positions of Directors and chief executives in the Shares are recorded as per the requirements of the SFO[196].
羚邦集团(02230) - 2024 - 中期业绩
2023-11-29 14:54
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,並明確表示概不就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。 MEDIALINK GROUP LIMITED 羚 邦 集 團 有 限 公 司 (於開曼群島註冊成立的有限公司) (股份代號:2230) 截至2023年9月30日止 六個月之中期業績公告;及 有關截至2023年3月31日止年度年報之補充公告 財務摘要 截至9月30日止六個月 2023年 2022年 變動 (未經審核) (未經審核) 千港元 千港元 收益 — 媒體內容發行業務 165,450 138,013 +19.9% — 品牌授權業務 82,172 74,897 +9.7% 總計 247,622 212,910 +16.3% 毛利率 49.1% 47.5% 本公司股東應佔溢利 36,198 32,258 +12.2% 每股中期股息(1) 0.89港仙 0.70港仙 2023年 2023年 ...
羚邦集团(02230) - 2023 - 年度财报
2023-07-27 08:49
Financial Performance - Total revenue for the year ended March 31, 2023, was HK$473,899,000, representing a 19.1% increase from HK$397,876,000 in 2022[13] - Profit attributable to shareholders increased by 12.0% to HK$47,523,000 from HK$42,426,000 in the previous year[13] - Proposed final dividend per share increased by 20.0% to HK$0.42 from HK$0.35 in 2022[13] - The gross profit margin decreased to 48.1% from 49.7% in the previous year[13] - The Group achieved a revenue growth of 19.1% and a net profit growth of 12.0% during the reporting period, surpassing regional GDP forecasts[26] - Revenue for the year ended 31 March 2023 reached HK$473.9 million, representing a year-on-year growth of 19.1%[41] - Net profit for the year ended 31 March 2023 was HK$47.5 million, marking a year-on-year growth of 12.0%[41] - Gross profit for the year was HK$228.0 million, an increase of 15.4%, with a gross profit margin of 48.1%[100] Revenue Breakdown - Media Content Distribution Business revenue increased by 13.9% to HK$314,198,000, while Brand Licensing Business revenue rose by 30.8% to HK$159,701,000[13] - Revenue from Media Content Distribution Business was HK$314.2 million, accounting for 66.3% of total revenue, while Brand Licensing Business generated HK$159.7 million, representing 33.7% of total revenue[96] - Revenue from the distribution of feature films significantly increased by 225.8%, contributing HK$60.6 million during the year[97] - Revenue from Brand Licensing Business grew by 30.8%, driven by increased popularity of international character brands and rapid growth in merchandise sales, which reached HK$28.8 million, up 221.5%[98] Business Expansion and Acquisitions - The Group completed the acquisition of a 49% equity interest in Sunrise eMarketing Limited in February 2023, marking its first merger and acquisition[33] - The Group's subsidiary, Whateversmiles Corporation, was appointed as the exclusive master agent for Le Petit Prince in Japan for five years starting January 1, 2023[28] - The Group has expanded its licensing brand rights, becoming the exclusive agent for the new animated series "The Little Prince and Friends" in over 45 regions, marking a significant milestone in brand licensing expansion[67] - The Group completed the acquisition of a 49% equity interest in Sunrise for HK$4.0 million, recording a share of profit of HK$0.2 million during the year[110] Digital Initiatives and Content Distribution - Ani-One® OTT is now available on 21 platforms across 8 territories, expanding its reach to Mongolia[42] - Ani-One® Thailand YouTube channel launched on 10 February 2023, gaining over 100,000 subscribers within 3 months[46] - Ani-One® Asia YouTube channel has over 3.15 million subscribers and 600 million accumulated views[48] - The Group co-invested in the Taiwanese movie "My Heavenly City," set for release in the second half of 2023[55] Brand Licensing and Marketing - The Brand Licensing segment reported strong financial results due to significant growth in Japanese anime brand licensing, with various local and regional campaigns launched, including collaborations with major brands like Coca-Cola and Jujutsu Kaisen[66][68] - Various pop-up stores and events were launched across regions, including Jujutsu Kaisen and Sesame Street events, enhancing brand visibility and consumer interaction[71][72] - The Group's Ani-Mall has expanded into offline channels, including pop-up stores and collaborations with various IPs, receiving overwhelming responses[74][76] Corporate Governance and Management - The company has adopted the corporate governance code and has complied with its provisions, except for the provision C.2.1 regarding the roles of the Chairman and CEO being held by the same individual, Zhao Xiaoyan[176] - The Board consists of three executive directors and four non-executive directors, including independent non-executive directors, ensuring compliance with the Listing Rules[177] - Independent non-executive directors represent at least one-third of the Board, with one possessing appropriate professional qualifications or financial management expertise[180] - The Board is responsible for leadership and control, directing and supervising the company's affairs, and ensuring sound internal control and risk management systems[185] Financial Position and Liquidity - The liquidity ratio improved with a current ratio of 2.5 compared to 2.4 in the previous year[13] - The company reported a cash ratio of 0.8, down from 0.9 in the previous year[13] - The Group had cash and bank balances of HK$281.7 million as of March 31, 2023, compared to HK$283.3 million in 2022[141] - As of March 31, 2023, net current assets increased by 9.2% to HK$487.8 million compared to HK$446.6 million as of March 31, 2022[139] Future Outlook and Strategy - The Group aims for double-digit growth in 2023/2024, focusing on expanding content distribution platforms and acquiring top-grade TV series and movies[91] - The Group plans to explore joint ventures and investments to enhance business value and expand licensing rights to additional regions[91] - The Group will continue to develop new products in-house and expand its sales network by creating new sales channels and seeking new partners[91]
羚邦集团(02230) - 2023 - 中期财报
2022-12-29 08:37
Financial Performance - Revenue for the six months ended September 30, 2022, was HK$212,910,000, representing a 15.3% increase from HK$184,668,000 in 2021[14] - Profit attributable to shareholders of the company was HK$32,258,000, up 12.7% from HK$28,624,000[15] - Total revenue increased by 15.3% to HK$212.9 million during the six months ended 30 September 2022[26] - Net profit rose by 12.7% to HK$32.3 million, aligning with the company's 5-year corporate strategy (2019-2024)[26] - The Group's total revenue for the six months ended September 30, 2022, reached HK$212.9 million, representing an increase of HK$28.2 million or 15.3% compared to the same period last year[82] Revenue Breakdown - Media Content Distribution Business revenue increased by 9.1% to HK$138,013,000 from HK$126,535,000[15] - Brand Licensing Business revenue rose by 28.8% to HK$74,897,000 compared to HK$58,133,000 in the previous year[15] - Media Content Distribution Business accounted for 64.8% of total revenue, while Brand Licensing Business contributed 35.2%[27] - Revenue from the Media Content Distribution Business increased by 9.1% to HK$138.0 million, contributing 64.8% of total revenue[83] - Revenue from the Brand Licensing Business increased by 28.8% to HK$74.9 million, driven by growth in Japanese anime and merchandise sales[84] Dividends and Shareholder Returns - The interim dividend per share was increased to HK$0.70 cents from HK$0.50 cents[15] - The interim dividend per share is set at HK$0.70, reflecting the company's commitment to returning value to shareholders[22] - The board has approved a share buyback program worth $5 million to enhance shareholder value[171] Financial Ratios and Position - The current ratio as of September 30, 2022, was 2.3, slightly down from 2.4 as of March 31, 2022[15] - The cash ratio decreased to 0.7 from 0.9 over the same period[15] - The liquidity ratio indicates a stable financial position, with sufficient current assets to cover current liabilities[15] - As of September 30, 2022, the group's cash and bank balances were HK$255.5 million, with a current ratio of 2.3 times[123] - The Group's net current assets as of September 30, 2022, were HKD 479.9 million, an increase from HKD 446.6 million as of March 31, 2022[128] Operational Highlights - The company expanded its content distribution network, partnering with platforms like Amazon Prime Video, Disney+, and Netflix, now covering regions including India, Korea, and Europe[32] - The company successfully released the animated film "Jujutsu Kaisen: Zero," achieving strong box office performance in multiple regions[34] - Ani-One® YouTube platform launched a localized channel, gaining over 140,000 subscribers within three months of its launch[39] - Ani-One® Asia YouTube channel operates in over 42 territories, with more than 2.9 million subscribers and over 514 million accumulated views as of 25 November 2022[41] - The Group has a total of 21 platforms across eight territories for its Ani-One® OTT service, enhancing its market presence[35] Cost and Expenses - The Group's cost of sales increased by HK$20.6 million or 22.6% to HK$111.7 million, in line with revenue growth[88] - Selling and distribution expenses amounted to HK$26.8 million, a modest increase of 0.3% compared to the previous year[91] - General and administrative expenses increased by HK$0.8 million or 3.8% to HK$22.8 million, primarily due to higher staff costs[92] Strategic Initiatives - The Group aims for double-digit growth in the financial year 2022/2023, focusing on expanding content distribution platforms and acquiring high-quality media content[75] - The company plans to expand its market presence in Asia, targeting a 30% increase in market share by the end of 2024[171] - New product launches are expected to contribute an additional $20 million in revenue for the next quarter[171] - A strategic acquisition is in progress, which is anticipated to add $50 million in annual revenue once completed[171] Share Award Scheme - As of the adoption date of the Share Award Scheme, a total of 21,929,000 shares had been awarded, representing approximately 1.1% of the total number of issued shares of the Company[178] - The Scheme Limit is set at 10% of the total number of issued shares, which equates to 199,200,000 shares, requiring shareholder approval for any increase[172] - The total number of Award Shares granted to a Selected Participant under the Scheme shall not exceed 5% of the total number of issued shares as at the Adoption Date[172] - The Scheme may be altered by a resolution of the Board, but any changes cannot adversely affect the rights of existing Selected Participants without their consent[174] Shareholder Information - As of September 30, 2022, Ms. Lovinia Chiu holds 1,434,240,000 ordinary shares, representing 72% of the issued shares[187] - Ms. Noletta Chiu holds 18,924,000 ordinary shares, representing 0.95% of the issued shares[187] - The substantial shareholder RLA is a beneficial owner of 1,434,240,000 ordinary shares, representing 72%[195] - The company maintains a register of interests as required under the Securities and Futures Ordinance[196]
羚邦集团(02230) - 2022 - 年度财报
2022-07-28 08:33
Financial Performance - Total revenue for the year ended March 31, 2022, was HK$397.9 million, an increase of 18.7% from HK$335.2 million in 2021[15]. - Profit attributable to shareholders increased by 10.0% to HK$42.4 million compared to HK$38.6 million in the previous year[15]. - The Group achieved a revenue increase of 18.6% and a net profit growth of 10.0% for the reporting year[32]. - The total revenue for the year ended March 31, 2022, was HKD 397.9 million, with a year-on-year growth of 10.0%[46]. - Revenue from the Media Content Distribution Business was HK$275.8 million, contributing 69.3% of total revenue, while the Brand Licensing Business generated HK$122.1 million, representing a significant increase of 80.0%[115][116]. - Gross profit margin improved to 49.7% from 49.1% year-on-year[15]. - Gross profit rose by HK$33.2 million or 20.2% to HK$197.6 million, with a gross profit margin of 49.7%[120]. - Selling and distribution expenses increased by approximately 22.1% to HK$54.7 million, driven by higher staff costs and marketing expenses[120]. - Income tax expense rose to HK$2.3 million, with an effective tax rate of 5.1% compared to 3.5% in the previous year[124]. Business Segments - Media Content Distribution Business revenue rose by 3.2% to HK$275.8 million, while Brand Licensing Business revenue surged by 80.0% to HK$122.1 million[15]. - The media content distribution business generated revenue of HKD 275.8 million, representing a year-on-year growth of 3.2%[47]. - The brand licensing business reported revenue of HKD 122.1 million for the year ended March 31, 2022[48]. - The Group acquired 189 licensing brands, a 34% increase from 141 brands in the previous year, significantly boosting revenue in the brand licensing segment[81][83]. - The Group added the pre-school brand Sesame Street, reaching 150 million kids worldwide and having 22.9 million YouTube subscribers[81][83]. Dividends and Shareholder Returns - Proposed final dividend per share increased to HK$0.35 cents from HK$0.20 cents[15]. - A final dividend of HKD 0.35 per share was proposed, bringing the total dividends for the reporting period to HKD 0.85 per share, which is approximately 40% of the Group's profit attributable to shareholders[39]. Market and Growth Opportunities - The Asia-Pacific media and entertainment market is expected to grow at a compound annual growth rate (CAGR) of 7.2% from 2021 to 2026[34]. - The global brand licensing market is projected to grow at a CAGR of 4.1% from 2022 to 2027, with the Asia Pacific region expected to be the fastest-growing segment[34]. - The Group aims for double-digit growth year on year, focusing on expanding content distribution and e-commerce platforms, as well as licensing in digital games and NFTs[105][107]. - The global trendy toy market is projected to grow from US$19.8 billion in 2019 to US$44.8 billion by 2024, presenting significant opportunities for the Group's branded 'trendy toys'[105][107]. Strategic Initiatives - The company aims to expand its Brand Licensing Business further, leveraging the significant growth observed in the past year[15]. - Future strategies include enhancing media content distribution capabilities and exploring new market opportunities[15]. - The Group is expanding its business in the Guangdong-Hong Kong-Macao Greater Bay Area by establishing a new wholly owned subsidiary in Guangzhou[33]. - The Group's long-term strategy focuses on acquiring quality content and brands to enhance performance in the coming years[35]. - The Group plans to collaborate with luxury brands on a regional and global scale, and explore strategic partnerships, alliances, and acquisitions[106][108]. Operational Metrics - As of March 31, 2022, the Group had 600 active media content titles and 189 brands available, reflecting an increase of 67 and 48 respectively from the previous year[35]. - The number of active content titles increased by 12.6% to 600 as of March 31, 2022, compared to 533 in the previous year[63]. - The distribution network has expanded to over 91 platforms across Asia, including Mainland China, with distributed content available in 42 countries and territories[49]. Corporate Governance - The board of directors is committed to maintaining good corporate governance practices and procedures[171]. - The company has complied with the code provisions set out in the CG Code, except for code provision C.2.1[172]. - All directors are subject to retirement by rotation and re-election at the annual general meetings[185]. - Directors have full and timely access to all company information and may seek independent professional advice at the company's expense[195]. Financial Position - Current ratio decreased to 2.4 from 2.7, while cash ratio slightly declined to 0.9 from 1.0[16]. - The company reported no interest-bearing or external borrowings, making the debt to equity ratio not applicable[21]. - Net current assets rose by 5.9% to HK$446.6 million as of 31 March 2022, with current assets at HK$774.7 million, an increase of HK$103.1 million year-on-year[145]. - Cash and bank balances amounted to HK$283.3 million as of March 31, 2022, with a current ratio of 2.4 and a cash ratio of 0.9[152]. Changes in Strategy - The Group plans to scale down the amount originally allocated for licensing rights for Chinese/Asian drama series and live-action films due to the economic impact of COVID-19, reducing focus on sectors heavily affected by the pandemic[157]. - The proposed changes in the use of Unutilised Net Proceeds aim to enhance financial flexibility and align with the current business needs of the Group[162]. - The Group's acquisition strategy has become more cautious, particularly in sectors like aviation, film, and retail, which have been severely impacted by the pandemic[157].
羚邦集团(02230) - 2022 - 中期财报
2021-12-30 08:06
Financial Performance - Revenue for the Media Content Distribution Business reached HK$126,535,000, an increase of 8.1% from HK$117,046,000 in the previous year[19] - Brand Licensing Business revenue surged to HK$58,133,000, marking an 81.9% increase from HK$31,957,000 year-over-year[19] - Total revenue for the company was HK$184,668,000, reflecting a 23.9% growth compared to HK$149,003,000 in the prior year[19] - Gross profit margin improved to 50.7%, up from 48.7% in the previous year[19] - Profit attributable to shareholders increased to HK$28,624,000, a 12.0% rise from HK$25,558,000 year-over-year[19] - Total revenue increased by 23.9% to HK$184.6 million for the six months ended 30 September 2021[33] - Net profit rose by 12% to HK$28.6 million during the same period[33] - Media Content Distribution Business accounted for 69% of total revenue, while Brand Licensing Business contributed 31%[35] Content Acquisition and Distribution - The number of active media content titles increased from 533 to 581, a change of +48 titles[26] - The company continues to acquire high-quality content across various genres to support its content distribution network[44] - New titles acquired include "To Your Eternity" and "My Hero Academia Season 5," with "To Your Eternity" achieving over 130 million views on a major VOD platform in China[44] - The company acquired over 407 active anime series, totaling more than 8,000 episodes, with popular titles including "My Hero Academia" and "The Crocodile that Lived for 100 Days," which garnered over 130 million views on a major video-on-demand platform in China[46] - The company co-invested in the domestic animated series "KIKI & NUNA," which is available on over 55 platforms in China, including CCTV-14[51] - The movie "Drifting," co-invested by the company, received 12 nominations at the Taiwan Golden Horse Film Festival, including "Best Movie" and "Best Director"[54] Brand Licensing and Collaborations - The company expanded its licensing rights to luxury fashion and NFTs, collaborating with Gucci and Crunchyroll to launch special items featuring characters from the original anime series Bananya[57] - The company launched a global NFT digital collectibles experience for "The Little Prince" fans in collaboration with VeVe, allowing fans to buy, sell, and trade collectibles[59] - The brand licensing segment showed strong financial results due to significant growth in Japanese anime licensing, leading to the development of high-quality merchandise distributed across various regions[63] - The company licensed "The Little Prince" brand to NetEase for a special seasonal version of the digital game "Sky: Children of the Light," available in 156 countries[60] - The company successfully licensed Peppa Pig merchandise in Singapore following a 5-star ranking for its e-commerce store in the Philippines[67] Financial Position and Ratios - The cash ratio decreased from 1.0 to 0.7, indicating a reduction in liquidity[21] - The current ratio declined from 2.7 to 2.3, reflecting a tighter liquidity position[21] - The Group's cash and bank balances as of 30 September 2021 were HK$233.7 million, down from HK$246.1 million as of 31 March 2021, with a current ratio of 2.3 times[99] - The Group had no interest-bearing bank and other borrowings as of 30 September 2021, making the gearing ratio and debt to equity ratio not applicable[100] Operational Expenses - The Group's cost of sales increased by HK$14.7 million or 19.2% to HK$91.1 million, in line with revenue growth[85] - Other income and gains decreased by HK$4.6 million or 91.0% to HK$0.5 million, mainly due to the absence of government subsidies and foreign exchange gains[88] - Selling and distribution expenses rose by HK$10.2 million or 62.2% to HK$26.7 million, attributed to increased promotion expenses and staff costs[89] Strategic Goals and Future Plans - The Group aims for double-digit revenue growth and plans to accelerate e-commerce platform development and explore strategic partnerships and acquisitions[79] - The Group will expand licensing to digital games and NFTs, and seek opportunities in the trending toy market projected to grow to US$44.8 billion by 2024[79] - The number of brands available rose to 173 from 141[79] Employee and Governance - The Group had a total of 120 employees as of 30 September 2021, an increase from 113 employees as of 31 March 2021[108][113] - The Company has complied with the CG Code provisions, except for code provision A.2.1 regarding the dual role of the Chairman and Chief Executive Officer[171] - The Company has established written guidelines for employees likely to possess unpublished price-sensitive information[189] Share Award Scheme - The total number of Award Shares that may be granted under the Scheme shall not exceed 5% of the total number of issued Shares as of the Adoption Date[157] - A total of 3,005,000 shares have been awarded since the adoption date of the Share Award Scheme, representing approximately 0.15% of the total number of issued shares of the Company as at the adoption date[165] - The maximum number of new Shares that may be issued for the Scheme will be proposed for approval at a general meeting if the Scheme Limit is increased[164] - The Scheme will terminate at the end of the Award Period or on an earlier date determined by the Board[163]
羚邦集团(02230) - 2021 - 年度财报
2021-07-29 08:41
edialink "O link 售 edia 年。 edialink .cink r Pr Medialink Media edialink Me Medialink edialink 羚都 - Medialink - - Medialink - - Medialink - - Media edialink Medialink edialink ● Medialink Medialink edialink A Medialink edialink A Medialink edialink o Medialink edialink o Medialink edialink Medialink (Incorporated in the Cayman Islands with limited liability) edialink dia (於開曼群島註冊成立的有限公司) Medialink Medialink Medialink Medialin(Stock Code股份代號: 2230) edialink Corporate Information 2 企業資料 Highlights and Financia ...
羚邦集团(02230) - 2021 - 中期财报
2020-12-30 08:27
Revenue Performance - Revenue for the Media Content Distribution Business decreased by 10.1% to HK$117,046,000 compared to HK$130,265,000 in the previous year[52]. - Brand Licensing Business revenue declined by 7.8% to HK$31,957,000 from HK$34,653,000 year-on-year[53]. - Total revenue for the company fell by 9.7% to HK$149,003,000 from HK$164,918,000 in the prior year[53]. - Revenue from Media Content Distribution Business decreased slightly by 10.1% to HK$117.0 million, contributing 78.6% of total revenue[129]. - Revenue from Brand Licensing Business decreased slightly by 7.8% to HK$32.0 million during the reporting period[135]. Profitability - Gross profit margin improved to 48.7% from 46.5% year-on-year[53]. - Profit attributable to shareholders increased by 7.1% to HK$25,558,000 compared to HK$23,855,000 in the previous year[53]. - The Group's net profit increased by 7.1% to HK$25.6 million during the reporting period despite the global impact of COVID-19[60]. - Profit for the period increased by HK$1.7 million or 7.1% to HK$25.6 million, with a net profit margin increase from 14.5% to 17.2%[144]. - Other income and gains increased by HK$3.0 million or 142.9% to HK$5.1 million, mainly due to government subsidies and foreign exchange gains[132]. Dividends and Shareholder Returns - Interim dividend per share increased to HK$0.28 cents from HK$0.24 cents year-on-year[54]. Business Segments and Growth - The Brand Licensing Business segment results rose by 137.2% from HK$4.3 million to HK$10.2 million due to improved commission rates and lower amortization of contracts[61]. - The Media Content Distribution Business accounted for 78.6% of the Group's total revenue during the reporting period[67]. - The company’s brand licensing business contributed 21.4% of total revenue during the reporting period[90]. - The Group plans to expand its e-commerce platform and content distribution network in Asia[117]. - The Group will continue to invest in its own IPs and collaborate on creative programs to enhance brand commercialization[120]. Content and Distribution - Ani-One® SVOD expanded from 6 to 8 territories, adding Indonesia's sushiroll and Cambodia's JaiKonTV[64]. - As of September 30, 2020, Ani-One® AVOD had 750,195 subscribers and 57,929,879 views, surpassing 1 million subscribers and 81 million views by November 16, 2020[64]. - Twelve new anime series were distributed during the reporting period, including "The Millionaire Detective Balance: UNLIMITED," which accumulated 4.4 million viewerships for its first episode[71]. - The company released 12 new anime series during the reporting period, achieving significant popularity among customers and viewers, with the first episode of "Balance: UNLIMITED" garnering 4,400,000 views by September 30, 2020[74]. - The Group's e-commerce platform Ani-Mall™ was launched, offering products from popular anime series, with the first pre-sell ticket bundle for "Violet Evergarden The Movie" being very popular[106]. Strategic Initiatives - The Group's five-year strategy (2019-2024) is on track with steady growth and expansion despite macroeconomic challenges[60]. - The Group aims to accelerate e-commerce development and explore strategic partnerships, alliances, and acquisitions to adapt to the ongoing pandemic[114]. - The Group's strategic content co-investment aims to solidify its competitive edge and enhance its sustainable business model[89]. Market Presence and Collaborations - The company added two lifestyle brands, Pets Rock and Lychee & Friends, to its portfolio, enhancing its market presence in Mainland China, Hong Kong, Taiwan, and Southeast Asia[90]. - "Double World," a co-produced movie with a budget of RMB 300 million, was distributed globally on Netflix[80]. - The company co-invested in the animated series "KIKI & NUNA," which won the 2020 "Jade Monkey Award" and is set for global distribution in early 2021[81]. - The company distributed the drama series "Count Your Lucky Stars" in Thailand, Vietnam, and the Philippines, and will stream "futmalls.com" globally[77]. - The Group's licensing rights have expanded from traditional items to include games and digital content, indicating a strategic shift in their business model[97]. Operational Efficiency - The Group's liquidity ratios remained stable, with a current ratio of 2.9 and a cash ratio of 1.2 as of September 30, 2020[55]. - The Group did not have any interest-bearing bank and other borrowings, making the debt to equity ratio not applicable[56]. - General and administrative expenses decreased by HK$8.9 million or 29.0% to HK$21.8 million[141]. - The Group's general and administrative expenses decreased by HK$8.9 million (or 29.0%) to HK$21.8 million for the six months ended September 30, 2020, mainly due to a reduction in one-time listing-related expenses and professional fees[148]. Employee and Corporate Governance - The Group had a total of 101 employees as of September 30, 2020, an increase from 99 employees as of March 31, 2020[161]. - The Group's operations were primarily financed by internal resources, including existing cash and anticipated cash flow from operating activities[155]. Awards and Recognition - The Group's Chairman received the "GBA Outstanding Women Entrepreneur Awards 2020," recognizing her contributions to the media industry in the Greater Bay Area[111]. - The Group's strategy focuses on sustainability, connectivity, and profitability amidst the challenges posed by COVID-19, indicating a long-term vision[113].