6月11日，截至港股收盘，恒生指数上涨0.84%，报24366.94点。雅高控股（03313.HK）收报0.178港元/ 股，上涨9.2%，成交量111.1万股，成交额19.67万港元，振幅13.5%。 （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。） 本文源自：金融界 作者：行情君 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，建筑行业市盈率（TTM）平均值为9.3倍，行业中值1.54倍。雅高控股市盈率-0.63倍， 行业排名第209位；其他饮食天王(环球)（08619.HK）为0.15倍、浦江国际（02060.HK）为1.01倍、饮 食天王(环球)（08561.HK）为1.38倍、进升集团控股（01581.HK）为1.51倍、靛蓝星（08373.HK）为 1.58倍。 资料显示，雅高控股有限公司(股票代码:3313.HK)是一家集大理石矿山开采、生产加工、产品研发、高 端订制、整体空间解决方案为一体的全产业链品牌运营商,拥有目前中国最大的灰白色大理石矿山,产品 覆盖大理石大板、标准板、工艺面、拼花、异形、卫浴、工艺品及家居订制产品等,分销网络覆盖全国 ...

Share Option and Award Plans - The total number of stock options and awards available for grant under the 2024 Share Option Scheme and 2024 Share Award Scheme is 92,587,462 shares, representing approximately 7.81% of the company's issued shares (excluding treasury shares) as of December 31, 2024[3] - The company has a structured approach to employee incentives through stock options and awards, reflecting its strategy to align employee interests with shareholder value[3] - The total number of shares available for issuance under the plans is consistent with the company's previous disclosures, indicating stability in its compensation strategy[3] - The company emphasizes the importance of the share option and award plans in its overall corporate strategy, which may impact future performance and employee retention[3] Corporate Governance - The announcement is made by the joint chairman and executive director, indicating ongoing corporate governance and leadership structure[4] - The board of directors includes both executive and independent non-executive members, suggesting a balanced governance structure[4] - The announcement does not provide specific financial performance metrics or future guidance, focusing instead on governance and incentive structures[2] Regulatory Environment - The company is registered in the Cayman Islands, which may have implications for its regulatory environment and investor relations[2] Reporting Timeline - The announcement date is May 30, 2025, which provides a timeline for stakeholders regarding the company's reporting and planning activities[3] Annual Report Changes - The company has not disclosed any changes to the content of the 2024 annual report, except for the additional information regarding the share option and award plans[2]

Financial Performance - The company reported a consolidated revenue of approximately RMB 716 million for the fiscal year ending December 31, 2024, a decrease of 7.6% compared to RMB 775 million in 2023[5]. - Revenue from the marble stone products business was approximately RMB 27 million, a significant decline of 75.8% from RMB 113 million in the previous year, primarily due to weak market demand in the real estate sector[10]. - The calcium carbonate business contributed approximately RMB 675 million in revenue, an increase of about RMB 22 million (or 3.3%) from RMB 653 million in 2023[10]. - The group's operating revenue for 2024 was approximately RMB 71.6 million, a decrease of about RMB 5.9 million (or 7.6%) compared to 2023[13]. - Total sales cost for 2024 was approximately RMB 60.4 million, a decrease of RMB 7.1 million from RMB 67.5 million in 2023, primarily due to reduced production and sales of marble products[15]. - Gross profit for 2024 was approximately RMB 11.2 million, with a gross profit margin of 15.7%, up from 13.0% in 2023[16]. - Other income and gains increased to approximately RMB 9.9 million in 2024 from RMB 5.2 million in 2023, mainly due to a one-time gain from loan restructuring[17]. - The company reported a net loss of RMB 285,206,000 for the year, a significant improvement from a loss of RMB 396,220,000 in 2023, representing a reduction of 28.1%[177]. - The company's total equity decreased to RMB 600,704,000 from RMB 856,660,000, a decline of 30.0%[179]. Capital and Financing - The company raised approximately HKD 12.2 million from the issuance of 61,720,000 new shares at HKD 0.20 per share on January 26, 2024, and approximately HKD 22.2 million from the placement of 197,500,000 new shares at HKD 0.1140 per share on September 27, 2024[6]. - The company plans to use approximately HKD 110 million from the proceeds of the rights issue for repaying loans and other payables, with about HKD 11.15 million allocated for general working capital[38]. - Total bank and other borrowings decreased to approximately RMB 225.5 million in 2024 from RMB 337.8 million in 2023, a reduction of RMB 112.3 million due to financing activities and improved cash flow[32]. - The company raised RMB 28,702,000 through share issuance in 2024, a decrease from RMB 123,146,000 in 2023[183]. Operational Strategy - The company plans to explore opportunities in the artificial intelligence (AI) sector as part of its diversification strategy[6]. - The company is seeking to monetize non-core assets, such as its warehousing and logistics business, to improve liquidity and reduce debt[6]. - The company has adopted a cautious approach, focusing on supporting sales and managing inventory levels effectively amid ongoing economic challenges[9]. - The company has implemented prudent strategies, including tightening credit terms and postponing significant investments until the economic outlook improves[5]. Corporate Governance - The company has maintained high levels of corporate governance to protect shareholder interests and enhance corporate value, accountability, and transparency[69]. - The company has complied with the corporate governance code except for specific deviations noted[69]. - The board consists of seven members, including three executive directors, one non-executive director, and three independent non-executive directors as of December 31, 2024[72]. - The company has adopted a board diversity policy, considering measurable aspects such as gender, age, cultural and educational background, and professional experience[78]. - The company emphasizes ethical and responsible conduct as part of its corporate values, promoting a culture of integrity among all directors[70]. Risk Management - The company has established a comprehensive internal control framework applicable to all operating units to manage significant risks[105]. - The board regularly reviews the effectiveness of the risk management and internal control systems with the assistance of the audit committee[105]. - The group has identified key risks, including potential changes in consumer preferences that may affect the market acceptance of its marble products[111]. Shareholder Information - The group has reserves available for distribution to shareholders amounting to approximately RMB 496.4 million as of December 31, 2024, down from RMB 597.1 million in 2023[124]. - The group has not declared any final dividends for the year ending December 31, 2024, compared to no dividends declared in 2023[120]. - The company has maintained a sufficient public float of over 25% of the total issued share capital as required by listing rules[157]. Subsidiaries and Investments - The company has 100% ownership in several subsidiaries, including 雅高珺奇 (Xiamen) and 江西科越科技, focusing on mining machinery import/export and calcium carbonate production respectively[187]. - The registered capital of 贵州德江三鑫石材 is RMB 20 million, with an 80% ownership stake, focusing on marble mining and processing[187]. - The company has a significant presence in the mining and construction materials sector, with multiple subsidiaries contributing to its overall asset base[188]. Compliance and Reporting - The company has applied revised International Financial Reporting Standards (IFRS) for the first time in 2024, including IFRS 16 regarding lease liabilities[193]. - The financial statements are prepared based on historical cost principles, with values rounded to the nearest thousand RMB[189]. - The independent auditor's report is included in pages 43 to 47 of the financial statements[95].

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 份 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 ARTGO HOLDINGS LIMITED 雅高控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：3313） 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度 經 審 核 年 度 業 績 公 告 業 績 概 覽 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度： 雅 高 控 股 有 限 公 司（「本 公 司」）董 事（「董 事」）會（「董 事 會」）欣 然 公 佈 本 公 司 及 其 附 屬 公 司（統 稱「本 集 團」）截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度 （「本 年 度」）之 經 審 核 綜 合 業 績。本 公 司 二 零 二 四 年 之 年 ...

@ 雅高控股 ARTGO HOLDINGS ARTGO HOLDINGS LIMITED 雅高控股有限公司 (於開曼群島註冊成立的有限公司) 股份代號：3313 目錄 | --- | --- | |----------------------------------|-------| | | | | 中期簡明綜合損益及其他全面收入表 | | | 中期簡明綜合財務狀況表 | | | 中期簡明綜合權益變動表 | | | 中期簡明綜合現金流量表 | | | 中期簡明綜合財務資料附註 | | | 管理層討論及分析 | | | 其他資料 | | | | | 公司資料 雅高控股有限公司 ２０２４年中 期 報 告 | --- | --- | |------------------------------|----------------------------------------| | | | | 董事會 | 註冊辨事處 | | 執行董事 | Cricket Square | | 伍晶女士(主席兼署理行政總裁) | Hutchins Drive | | 顯偉文先生(副主席) | PO Box 2681 | | 張健先生 ...

Revenue and Profitability - Revenue for the six months ended June 30, 2024, was approximately RMB 27.8 million, a decrease of 10.6% or RMB 3.3 million compared to RMB 31.1 million in the same period in 2023[1] - Pretax loss for the six months ended June 30, 2024, was approximately RMB 24.2 million, a decrease of RMB 14.4 million compared to RMB 38.6 million in the same period in 2023[1] - Net loss for the six months ended June 30, 2024, was approximately RMB 24.5 million, compared to RMB 40.4 million in the same period in 2023[1] - Gross profit for the six months ended June 30, 2024, was RMB 7.5 million, slightly down from RMB 7.7 million in the same period in 2023[3] - Loss attributable to the company's owners was RMB 24.5 million in the six months ended June 30, 2024, compared to RMB 40.4 million in the same period in 2023[5] - The company reported a pre-tax loss of RMB 24,202 thousand for the six months ended June 30, 2024, compared to a pre-tax loss of RMB 38,594 thousand for the same period in 2023[16][17] - The company reported a pre-tax loss from continuing operations of RMB 19,492 thousand for the six months ended June 30, 2024, compared to RMB 23,366 thousand for the same period in 2023[21] - The company's revenue for the first half of 2024 was RMB 27.8 million, a decrease of 10.6% compared to the same period in 2023, with calcium carbonate products accounting for 96.6% of total revenue[54][55] - Gross profit for the first half of 2024 was RMB 7.5 million, with a gross profit margin of 27.1%, up from 24.9% in the same period in 2023[57] - The company's net loss attributable to owners decreased to RMB 24.5 million from RMB 40.4 million in the same period last year, driven by reduced financial costs, lower trade receivables impairment, increased other income, and higher administrative expenses[65] Expenses and Costs - Administrative expenses increased to RMB 26.9 million in the six months ended June 30, 2024, from RMB 22.3 million in the same period in 2023[3] - Financial costs decreased to RMB 7.4 million in the six months ended June 30, 2024, from RMB 10.2 million in the same period in 2023[3] - Employee benefit expenses, including director and senior executive compensation, increased to RMB 7,586 thousand in 2024 from RMB 6,800 thousand in 2023[21] - Depreciation of property, plant, and equipment was RMB 7,994 thousand in 2024, slightly up from RMB 7,911 thousand in 2023[21] - Sales and distribution expenses for the first half of 2024 were RMB 3.8 million, accounting for 13.8% of revenue, a slight decrease from RMB 3.9 million in the same period in 2023[59] - Administrative expenses for the first half of 2024 were RMB 26.9 million, accounting for 96.9% of revenue, an increase of RMB 4.6 million compared to the same period in 2023[60] - Financial costs for the first half of 2024 decreased by RMB 2.8 million to RMB 7.4 million, primarily due to a reduction in overall loan levels[61] Assets and Liabilities - Total non-current assets decreased to RMB 1,056,634 thousand as of June 30, 2024, compared to RMB 1,068,849 thousand at the end of 2023[6] - Total current assets dropped significantly to RMB 171,759 thousand as of June 30, 2024, from RMB 267,460 thousand at the end of 2023[6] - Cash and bank balances sharply declined to RMB 6,976 thousand as of June 30, 2024, from RMB 100,956 thousand at the end of 2023[6] - Total current liabilities slightly increased to RMB 171,391 thousand as of June 30, 2024, compared to RMB 170,950 thousand at the end of 2023[6] - Net current assets drastically reduced to RMB 368 thousand as of June 30, 2024, from RMB 96,510 thousand at the end of 2023[6] - Total assets minus current liabilities decreased to RMB 1,057,002 thousand as of June 30, 2024, from RMB 1,165,359 thousand at the end of 2023[6] - Interest-bearing bank and other borrowings under non-current liabilities decreased to RMB 178,620 thousand as of June 30, 2024, from RMB 274,510 thousand at the end of 2023[8] - Total equity decreased to RMB 843,883 thousand as of June 30, 2024, from RMB 856,660 thousand at the end of 2023[8] - Prepayments, deposits, and other receivables totaled RMB 118,911 thousand as of June 30, 2024, down from RMB 122,135 thousand as of December 31, 2023[27] - The company's impairment provision for prepayments, deposits, and other receivables was RMB 9,994 thousand as of June 30, 2024, compared to RMB 9,729 thousand as of December 31, 2023[27] - Trade receivables and bills receivable increased to RMB 89,552 thousand as of June 30, 2024, compared to RMB 86,031 thousand as of December 31, 2023[28] - Credit loss allowance for trade receivables and bills receivable increased to RMB 63,539 thousand as of June 30, 2024, from RMB 61,085 thousand as of December 31, 2023[28] - Trade payables increased to RMB 22,414 thousand as of June 30, 2024, compared to RMB 21,133 thousand as of December 31, 2023[31] - Other payables and accrued expenses decreased to RMB 54,765 thousand as of June 30, 2024, from RMB 55,639 thousand as of December 31, 2023[32] - Interest-bearing bank and other borrowings decreased to RMB 237,170 thousand as of June 30, 2024, from RMB 337,810 thousand as of December 31, 2023[33] - The company's bank loans with collateral remained stable at RMB 15,000 thousand as of June 30, 2024, unchanged from December 31, 2023[33] - Unsecured other borrowings decreased significantly to RMB 187,320 thousand as of June 30, 2024, from RMB 287,910 thousand as of December 31, 2023[33] - Deferred income from government grants decreased slightly to RMB 3,904 thousand as of June 30, 2024, from RMB 4,009 thousand as of January 1, 2024[34] - Net current assets dropped significantly to RMB 0.4 million as of June 30, 2024, compared to RMB 96.5 million as of December 31, 2023[66] - The current ratio declined to 1.0 as of June 30, 2024, from 1.6 as of December 31, 2023, mainly due to a decrease in cash and bank balances from RMB 101.0 million to RMB 7.0 million[67] - Total borrowings decreased by RMB 100.6 million to RMB 237.2 million as of June 30, 2024, compared to RMB 337.8 million as of December 31, 2023[68] - The debt-to-equity ratio slightly decreased to 27.3% as of June 30, 2024, from 27.6% as of December 31, 2023[69] Business Operations - The company's main business activities include marble mining, processing, trading, and sales, calcium carbonate products, and warehousing and logistics services[10] - Total revenue from external customers for the six months ended June 30, 2024, was RMB 27,805 thousand, with marble products contributing 96.6% (RMB 26,856 thousand) and logistics and storage services contributing 3.4% (RMB 949 thousand)[15] - Revenue from major customers (contributing 10% or more of total revenue) included Customer A with RMB 4,347 thousand and Customer C with RMB 6,859 thousand for the six months ended June 30, 2024[18] - Marble and calcium carbonate business recorded no revenue during the review period, compared to RMB 2.6 million in the same period last year, due to weak market demand and restructuring efforts[42] - Calcium carbonate business contributed RMB 26.9 million in revenue, a slight decrease from RMB 28.3 million in the same period last year[43] - The commodity trading business recorded no revenue during the review period, as the company decided to suspend further transactions due to the uncertain trade environment[45] - The warehousing and logistics business generated revenue of RMB 0.95 million, a 296% increase from RMB 0.24 million in the same period last year, with ongoing efforts to sell the business[47] - The Dejiang mine has a total estimated marble resource of 2.1 million cubic meters, with no exploration, development, or production activities conducted during the review period[50] - The company's mining permit has been extended for 10 years, from June 5, 2020, to June 5, 2030, with an annual permitted production capacity increased from 0.25 million cubic meters to 1.1 million cubic meters[52] - The total estimated marble resources for Yongfeng Mine as of June 30, 2024, are 106.6 million cubic meters, with proven and probable reserves totaling 44.0 million cubic meters[53] Other Income and Gains - Other income and gains increased significantly to RMB 10.0 million in the six months ended June 30, 2024, compared to RMB 1.9 million in the same period in 2023[3] - Other income and gains for the six months ended June 30, 2024, totaled RMB 10,039 thousand, including government subsidies of RMB 1,583 thousand and loan restructuring gains of RMB 8,071 thousand[19] - Other income and gains for the first half of 2024 included a one-time gain of RMB 8.1 million from loan restructuring and government subsidies of RMB 1.6 million[58] Impairment and Losses - The company recognized an impairment loss on trade receivables and bills receivable of RMB 2,454 thousand in 2024, a significant decrease from RMB 7,910 thousand in 2023[21] - Trade receivables and bills impairment loss increased by RMB 5.4 million, reaching RMB 2.5 million, compared to RMB 7.9 million in the same period of 2023, primarily due to a challenging business environment and liquidity issues among real estate and construction clients[62] - The company incurred a loss of RMB 165.5 million due to the rejection of the mining license renewal for the Lichuan mine, leading to the sale of its 80% stake in Hehua Building Materials for RMB 100,000[44] - The company incurred a loss of RMB 116.6 million due to the rejection of the mining license renewal for the Zhangxi mine, with plans to seek potential buyers for its stake in Ji'an Mining in the second half of 2024[44] Share Capital and Dividends - Basic and diluted loss per share attributable to ordinary equity holders was RMB 0.025, compared to RMB 0.150 in the same period in 2023[1] - The company's basic loss per share was RMB 0.025 for the six months ended June 30, 2024, compared to RMB 0.150 for the same period in 2023[24] - The company issued 61,720,000 new shares under a share subscription agreement, with a total consideration of RMB 11,218,000, all of which was recorded as share capital[37] - The company completed a rights issue in 2023, issuing 617,249,750 shares at HKD 0.20 per share, raising approximately HKD 121.15 million (equivalent to RMB 111.51 million)[37] - The company's issued and fully paid ordinary shares increased from 925,874,625 shares in 2023 to 987,594,625 shares in 2024[36] - The company's share capital increased from RMB 166,551,000 in 2023 to RMB 177,769,000 in 2024[36] - The company did not recommend an interim dividend for the six months ended June 30, 2024[40] - The company adopted a new share option plan and a share award plan in 2024, but no options or awards were granted during the period[38] - The company issued 61,720,000 new shares at HKD 0.20 per share, raising a total of HKD 12.34 million, which was primarily used to repay existing debt and for general working capital[71] - As of June 30, 2024, the company had 987,594,625 issued ordinary shares[71] - The remaining unused balance of HKD 1.89 million from the share subscription is expected to be fully utilized in the second half of 2024[72] - The company issued 617,249,750 rights shares on November 6, 2023, with net proceeds allocated as follows: HKD 110 million for loan repayment and other payables, and HKD 11.15 million for general working capital, including HKD 4.10 million for salaries, HKD 4.10 million for raw materials, HKD 2.05 million for professional fees, and HKD 0.90 million for daily operational expenses[73] - As of December 31, 2023, HKD 10 million of the proceeds were used for loan repayment, with HKD 100 million remaining. For working capital, HKD 3.34 million was spent on salaries, HKD 4.10 million on raw materials, HKD 0.41 million on professional fees, and HKD 0.23 million on daily operational expenses[73] - A capital reduction and share split were proposed on April 29, 2024, with each issued share's par value reduced from HKD 0.20 to HKD 0.01, and each unissued share split into 20 new shares with a par value of HKD 0.01[77] Subsidiaries and Acquisitions - The company sold its subsidiary, Vigoroso Holdings Limited, for a total cash consideration of RMB 100,000, resulting in a loss of RMB 157,000[39] - The company's total liabilities from the sale of Vigoroso Holdings Limited amounted to RMB 257,000[39] - The company's cash and bank balances from the sale of Vigoroso Holdings Limited amounted to RMB 1,493,000[39] - The company's net cash outflow from the sale of Vigoroso Holdings Limited amounted to RMB 1,493,000[39] Capital Expenditure and Investments - The company acquired property, plant, and equipment worth RMB 1,700 thousand in 2024, a substantial increase from RMB 40 thousand in 2023[25] - The company's capital expenditure for purchasing property, plant, and equipment during the review period was RMB 1.7 million[74] Corporate Governance and Compliance - The company maintains high corporate governance standards, with deviations only in the dual roles of the Chairman and Acting CEO, which were deemed necessary for efficient business planning and decision-making[79] - The company has adopted the Model Code for Securities Transactions as set out in Appendix 10 of the Listing Rules, and all directors have confirmed compliance with the code during the review period[80] - The Audit Committee, composed of three independent non-executive directors, reviewed the accounting principles, internal controls, and financial reporting matters, including the interim financial information for the review period[81] - During the review period, the company or its subsidiaries did not purchase, sell, or redeem any of the company's listed securities[82] - The 2024 interim results announcement and interim report will be published on the company's website and the Hong Kong Stock Exchange website, and will be sent to shareholders at the appropriate time[82] - The executive directors of the company are Mr. Gu Weiwen, Mr. Zhang Jian, Ms. Wu Jing, and Mr. Wan Jian, with Mr. Gu Zengcai as a non-executive director, and Ms. Long Yuequn, Mr. Xu Yi'an, and Mr. Zhai Feiquan as independent non-executive directors[83] Risk and Outlook - The company remains cautious about the uncertain global economic environment, particularly due to tensions between China and the US and the Russia-Ukraine war, and will continue to assess potential impacts on its financial and operational performance[78] - The company faces limited foreign exchange risk as most transactions are denominated in RMB, with some cash holdings in HKD. No financial instruments were used for hedging during the review period[75] - No assets were mortgaged to secure bank or other borrowings as of June 30, 2024[76]

Fund Utilization - The remaining unused balance from the rights issue raised is HKD 107.17 million as of December 31, 2023[1]. - Total planned uses of the raised funds include loan repayments and general working capital, amounting to HKD 121.15 million[1]. - Specific allocations include HKD 4.10 million for purchasing raw materials and HKD 2.05 million for professional fees[1]. - The company has utilized HKD 110.00 million for loan repayments and other payables[1]. - The total amount utilized for operational expenses is HKD 13.98 million, with HKD 0.90 million for daily operational costs[1].

Financial Performance - The company's overall revenue for the year was approximately RMB 775 million, a decrease of about 13.0% compared to RMB 891 million in 2022[5]. - Revenue from marble stone products was approximately RMB 113 million, a significant decrease of 67.2% from RMB 344 million in the previous year[9]. - The calcium carbonate business contributed total revenue of approximately RMB 653 million, an increase of about RMB 122 million or 23.0% compared to RMB 531 million last year[9]. - The company recorded a total revenue of approximately RMB 77.5 million for the fiscal year ending December 31, 2023, a decrease of about RMB 11.6 million (or 13.0%) compared to RMB 89.1 million in 2022[14]. - Sales of calcium carbonate products accounted for 84.2% of total revenue, approximately RMB 65.3 million, up from 59.6% or RMB 53.1 million in 2022[14]. - The gross profit for 2023 was approximately RMB 10.1 million, with a gross margin of 13.0%, down from a gross margin of 14.4% in 2022[17]. - Other income and gains decreased to approximately RMB 5.2 million in 2023 from RMB 10.4 million in 2022, primarily due to a reduction in gains from the sale of non-operating subsidiaries and government subsidies[18]. - The company’s administrative expenses were approximately RMB 49.8 million, a decrease of about RMB 5.3 million compared to RMB 55.1 million in 2022, mainly due to reduced equity-settled share option expenses[21]. - The company’s logistics division generated revenue of approximately RMB 0.91 million in 2023, a decrease of 40.9% from RMB 1.54 million in 2022[13]. - The total cost of sales for 2023 was approximately RMB 67.5 million, down from RMB 76.3 million in 2022, with costs for calcium carbonate products accounting for 84.1% of total sales costs[16]. - The company has decided to continue suspending any further commodity trading transactions until the trading activities return to a controllable state, resulting in no revenue from this segment in 2023[12]. - The impairment losses related to mining rights were zero in 2023, a significant decrease from RMB 65.2 million in 2022, indicating improved asset management[22]. - Financial costs decreased by approximately RMB 3.7 million to RMB 20.6 million from RMB 24.3 million in 2022, mainly due to reduced interest-bearing bonds and seeking lower-cost debt restructuring opportunities[23]. - Income tax expenses increased by approximately RMB 4.1 million, from a tax credit of RMB 1.0 million in 2022 to a tax expense of RMB 3.1 million in 2023[24]. - Net loss attributable to the company's owners increased by RMB 247.9 million to RMB 396.1 million, primarily due to a decrease in revenue and other income by RMB 11.6 million and RMB 5.2 million, respectively, along with a write-off of mining rights amounting to RMB 282.1 million[25]. - Inventory decreased by approximately 57.0% from RMB 43.7 million to RMB 18.8 million, mainly due to reduced procurement from RMB 52.9 million in 2022 to RMB 36.1 million in 2023[26]. - Trade receivables decreased from approximately RMB 29.0 million to RMB 24.9 million, primarily due to a decrease in sales of approximately RMB 11.6 million and an increase in trade receivables impairment losses of approximately RMB 16.8 million[28]. - Net current assets increased by 439% from approximately RMB 17.9 million to RMB 96.5 million, mainly due to fundraising activities from share subscriptions and rights issues, which raised a net amount of RMB 123.1 million[30]. - The current ratio improved to 1.6 as of December 31, 2023, compared to 1.1 as of December 31, 2022[31]. - The debt-to-equity ratio decreased to 27.6% from 29.1% in 2022[33]. Capital Raising and Expenditure - The company raised approximately RMB 1,231 million through the issuance of new shares to improve overall liquidity and debt levels[5]. - The company raised approximately RMB 111.51 million from a rights issue, with net proceeds intended for loan repayments and general working capital[36][40]. - The company issued 46 million new shares at a subscription price of HKD 0.28 per share, raising a net amount of approximately RMB 11.6 million[35]. - The net proceeds from the rights issue completed on November 6, 2023, will be utilized as follows: HKD 110 million for loan repayment, with a remaining balance of HKD 100 million; operational expenses include HKD 4.1 million for payroll, HKD 4.1 million for raw materials, HKD 2.05 million for professional fees, and HKD 0.9 million for daily operations, totaling HKD 121.15 million with a remaining balance of HKD 107.17 million[41]. - Capital expenditure for 2023 amounted to approximately RMB 5.8 million, a decrease from RMB 45.8 million in 2022, indicating a significant reduction in investment in property, plant, and equipment[42]. - The total employee cost for 2023 was approximately RMB 21.5 million, down from RMB 25.2 million in 2022, reflecting a decrease in workforce from 209 to 201 full-time employees[46]. Market Outlook and Risks - The company anticipates further declines in demand for marble and calcium carbonate products in the first half of 2024 due to weak economic momentum in China and global economic slowdown[4]. - The real estate sector, which is a significant part of the supply chain for the company's marble products, continues to face severe liquidity issues, impacting new project developments[4]. - The company remains vigilant regarding unpredictable international developments that may adversely affect its business[5]. - The company faces risks related to changing consumer preferences that may affect the market acceptance of its marble products[138]. - The company is subject to various risks and uncertainties that could impact its financial condition and operational performance[138]. Corporate Governance - The company has maintained a high level of corporate governance to protect shareholder interests and enhance corporate value, accountability, and transparency[83]. - The board of directors consists of eight members, including four executive directors, one non-executive director, and three independent non-executive directors[87]. - The company has adopted the standard code of conduct for securities trading by directors, confirming compliance throughout the year[85]. - The chairman and the chief executive officer roles are held by the same individual, which deviates from corporate governance guidelines, but the board believes this arrangement supports efficient business planning and decision-making[83]. - The company has a strong management team with over 30 years of experience in corporate finance and financial services, ensuring effective financial planning and budgeting[79]. - The company is committed to regular reviews and improvements of its corporate governance practices in line with recent developments[84]. - The board has established four committees: Audit Committee, Remuneration Committee, Nomination Committee, and Investment Committee to oversee various aspects of the company's affairs[102]. - The company has implemented a whistleblowing policy to maintain transparency and accountability, encouraging employees and stakeholders to report any misconduct[103]. - The remuneration committee reviews the remuneration policies for all directors and senior management, ensuring no director participates in determining their own remuneration[106]. - The investment committee, formed on September 19, 2019, evaluates long-term investment projects and provides recommendations to the board on major investments[110]. - The company confirms no significant uncertainties that may cast doubt on its ability to continue as a going concern[116]. - The attendance record of directors at board and committee meetings shows full participation, with Ms. Wu Jing attending all 5 board meetings[111]. - The company secretary provides advice on corporate governance matters and ensures compliance with applicable laws and regulations[120]. Strategic Initiatives - The company plans to explore opportunities to monetize non-core assets, particularly in its warehousing and logistics business, to generate immediate liquidity and further reduce debt levels[5]. - The company is focused on exploring and developing new mining technologies to improve production efficiency and resource management[64]. - The management team is committed to expanding market reach and exploring potential mergers and acquisitions to enhance growth opportunities[64]. - The company aims to leverage its expertise in stone production and processing to capture a larger share of the international market[71]. - The company is focused on market expansion and has a dedicated team for technology and quality research, emphasizing strict quality control in material processing[78]. - The company has been actively involved in the acquisition and management of new resources, enhancing its operational capabilities in the stone processing industry[78]. - The company has a clear strategy for optimizing its product quality and market positioning based on customer demand[78]. Environmental and Social Responsibility - The company has implemented various measures to mitigate environmental pollution, including water conservation and recycling in marble mining[141]. - The company has a management system in place to promote energy conservation and environmental protection, achieving notable success in environmental management[140]. - The company has provided health insurance benefits to employees, highlighting its commitment to employee health and well-being[145]. Share Option Plans - The 2013 Share Option Plan was adopted on December 9, 2013, and is set to expire on December 8, 2023, aimed at incentivizing eligible participants to enhance performance efficiency and retain talent[169]. - The 2024 Share Option Plan was adopted on January 19, 2024, allowing the board to grant options to employees, with a maximum of 10% of the total issued shares available for subscription[176]. - The purpose of the 2024 Share Option Plan is to recognize and reward participants for their contributions to the group's growth and development, aiming to align their interests with those of shareholders[177]. - The maximum number of shares that can be issued under the 2024 Share Option Plan is capped at 1% of the total issued shares, with independent non-executive directors limited to 0.1%[181]. - The vesting period for both the 2024 Share Option Plan and the 2024 Share Award Plan is set at a minimum of 12 months from the grant date[186]. - The exercise price for options granted under the 2024 Share Option Plan will be determined by the board, ensuring it is at least equal to the highest of the closing price on the offer date or the average closing price over the preceding five trading days[180].

智通财经APP讯，雅高控股(03313)公布2023年业绩，收益约为人民币7750万元，同比减少13.0%;公司拥有人应占亏损约3.96亿元，同比扩大约1.67倍;每股亏损1.03元。 公告称，亏损净额增加主要由于收益及其他收入及收益分别减少约人民币1160万元及人民币520万元，及采矿权撇销约人民币2.82亿元(2022年：无)，被行政开支及财务成本分别减少约人民币530万元及人民币370万元，及采矿权及其他资产类别总减值亏损减少约人民币3770万元所抵销。 ...

Financial Performance - The group's revenue for the year ended December 31, 2023, was approximately RMB 77.5 million, a decrease of 13.0% or about RMB 11.6 million compared to RMB 89.1 million in 2022[2]. - The group's loss before tax was approximately RMB 393.1 million, an increase in loss of about RMB 243.7 million from RMB 149.4 million in 2022[2]. - The net loss for the group was approximately RMB 396.2 million, compared to a net loss of RMB 148.3 million in 2022[2]. - The basic and diluted loss per share attributable to ordinary equity holders was RMB 1.03, compared to RMB 0.62 in 2022[2]. - The total revenue for the year ending December 31, 2023, is reported at RMB 77,532,000, with segment revenue from the marble products division at RMB 76,624,000[15]. - The adjusted profit before tax for the marble products division shows a loss of RMB 38,385,000, while the other segment reports a loss of RMB 2,389,000, totaling an overall loss of RMB 40,774,000[15]. - Total revenue for the year ended December 31, 2022, was RMB 89,069,000, with a significant loss of RMB 149,377,000 before tax[16]. - The company reported a loss of RMB 19,693,000 from its main business segments, with specific losses of RMB 18,414,000 and RMB 1,279,000 from different divisions[16]. - The group reported a pre-tax loss from continuing operations of RMB 66,825 thousand for 2023, compared to RMB 64,120 thousand in 2022, indicating an increase in losses[21]. - The net loss attributable to the company's owners increased to approximately RMB 396.1 million in 2023, up from RMB 148.2 million in 2022, mainly due to a decrease in revenue and other income[61]. Assets and Liabilities - Total non-current assets decreased from RMB 1,464,092 thousand in 2022 to RMB 1,068,849 thousand in 2023, a decline of approximately 27%[4]. - Current assets increased from RMB 197,048 thousand in 2022 to RMB 267,460 thousand in 2023, representing a growth of about 36%[4]. - Total liabilities decreased from RMB 179,190 thousand in 2022 to RMB 170,950 thousand in 2023, a reduction of approximately 5%[4]. - Total equity decreased from RMB 1,129,746 thousand in 2022 to RMB 856,660 thousand in 2023, a decline of around 24%[5]. - The company's total assets decreased from RMB 1,481,950 thousand in 2022 to RMB 1,165,359 thousand in 2023, a decline of about 21%[4]. - The company's total current liabilities decreased from RMB 197,048 thousand in 2022 to RMB 170,950 thousand in 2023, a reduction of about 14%[4]. - The company's total non-current liabilities decreased from RMB 352,204 thousand in 2022 to RMB 308,699 thousand in 2023, a decline of approximately 12%[5]. - Cash and cash equivalents increased significantly from RMB 15,762 thousand in 2022 to RMB 100,956 thousand in 2023, marking a growth of approximately 540%[4]. - Trade receivables amounted to RMB 86,031,000 in 2023, an increase from RMB 84,883,000 in 2022, with a provision for credit losses of RMB (61,085,000) in 2023 compared to RMB (55,884,000) in 2022[29]. - The aging analysis of trade receivables at the end of the reporting period showed RMB 19,156,000 within one month, compared to RMB 13,545,000 in 2022[31]. Segment Performance - In 2023, the company reported revenue from marble products of approximately RMB 11.3 million, a decrease of 67.2% compared to RMB 34.4 million in the previous year due to weak market demand in the real estate sector[38]. - The calcium carbonate business contributed total revenue of approximately RMB 65.3 million, an increase of about RMB 12.2 million or 23.0% from RMB 53.1 million last year[40]. - Sales of marble products accounted for 14.6% (approximately RMB 11.3 million) of total revenue in 2023, down from 38.7% (approximately RMB 34.4 million) in 2022[49]. - Sales of calcium carbonate products represented 84.2% (approximately RMB 65.3 million) of total revenue in 2023, up from 59.6% (approximately RMB 53.1 million) in 2022[49]. Operational Efficiency and Strategy - The company plans to explore new strategies for market expansion and product development in the upcoming fiscal year[16]. - The company is focusing on improving operational efficiency to mitigate losses and enhance future profitability[16]. - The company adopted a low-margin strategy to promote sales and improve inventory turnover amid a challenging economic environment[37]. - The company has tightened credit policies and slowed down capital expenditures until the operating environment becomes clearer and more stable[37]. - The overall economic uncertainty in China has led to a lack of confidence in economic growth, impacting the company's performance[37]. - The company continues to monitor the market conditions closely and adjust its strategies accordingly[37]. Employee and Cost Management - Employee benefits expenses rose to RMB 18,758 thousand in 2023 from RMB 16,473 thousand in 2022, reflecting a year-over-year increase of approximately 13.9%[21]. - The total amount of employee benefits expenses was RMB 21,457 thousand in 2023, down from RMB 25,200 thousand in 2022, showing a decrease of about 14.0%[21]. - Employee costs, including director remuneration, totaled approximately RMB 21.5 million in 2023, down from RMB 25.2 million in 2022, reflecting a cost reduction of about 14.7%[78]. - Administrative expenses decreased by approximately RMB 5.3 million to RMB 49.8 million in 2023, down from RMB 55.1 million in 2022, mainly due to a reduction in equity-settled share-based payment expenses[56]. - Financial costs decreased by approximately RMB 3.7 million to RMB 20.6 million in 2023, down from RMB 24.3 million in 2022, primarily due to a reduction in the level of interest-bearing debt[59]. Governance and Compliance - The group has adopted new or revised International Financial Reporting Standards (IFRS) effective from January 1, 2023, with no significant impact on the financial statements[9]. - The company has not disclosed any significant accounting policy changes that would confuse the financial statements[10]. - The group did not recommend any dividend payment for the year ending December 31, 2023, consistent with the previous year[25]. - The effective corporate income tax rate for the group’s subsidiaries in mainland China is 25%, while Jiangxi Keyue enjoys a preferential rate of 15% due to its status as a "High-tech Enterprise"[22]. - The company has adhered to the corporate governance code throughout the fiscal year ending December 31, 2023, with minor deviations noted[108]. - The auditors confirmed that the financial statements for the year ending December 31, 2023, align with the audited consolidated financial results[111]. Future Outlook - The company plans to remain vigilant regarding unpredictable international developments and any external factors that may adversely affect its business[99]. - The company aims to consolidate operational results and adjust its business plans to adapt to the changing economic environment[99].