Financial Performance - The company's revenue for the fiscal year ending December 31, 2022, decreased by 17.0% to HKD 1,149,762,000 compared to HKD 1,385,113,000 in 2021[19] - Net profit increased by 19.0% to HKD 112,396,000, up from HKD 94,419,000 in the previous year[19] - Basic earnings per share rose by 19.1% to HKD 0.187, compared to HKD 0.157 in 2021[19] - Gross profit increased by 2.9% to HKD 305,581,000, with a gross margin improvement of 5.2 percentage points to 26.6%[34] - The proposed final dividend for the year ending December 31, 2022, is HKD 0.05 per ordinary share, totaling approximately HKD 30 million, an increase from HKD 0.03 per share in 2021[97] Revenue Breakdown - Revenue from watch bands and fashion jewelry decreased by 9.2% and 4.6%, respectively, while revenue from mobile phone frames and components fell by 12.7%[20] - Revenue from smart wearable device frames and components dropped significantly by 34.7%[20] - Revenue for the year was denominated in HKD (14.3%), RMB (37.6%), and USD (48.1%), reflecting a shift from the previous year's distribution[54] - The company reported a total revenue for the year ending December 31, 2022, with major customers accounting for approximately 26.4% and 71.0% of total revenue, respectively[89] Assets and Liabilities - Total assets as of December 31, 2022, amounted to HKD 1,316,034,000, a decrease of 18.3% from the previous year[12] - The company's net asset value was HKD 1,011,924,000, reflecting a 1.1% increase year-on-year[12] - The total outstanding bank borrowings as of December 31, 2022, were HKD 118,287,000, down from HKD 258,234,000 a year earlier, with 71.9% of these borrowings subject to floating interest rates[53] - The group's debt-to-asset ratio was 0.09 as of December 31, 2022, a decrease from 0.16 the previous year[54] - As of December 31, 2022, the group's net current assets amounted to HKD 364,795,000, an increase from HKD 306,373,000 as of December 31, 2021[52] Operational Efficiency - The company maintained stable operations despite production facility closures due to the COVID-19 pandemic[22] - The company decided to slow down its expansion plans, postponing the completion of the first phase of a new factory to 2024 to conserve financial resources[28] - The group aims to enhance operational efficiency and resource utilization to improve profitability and ensure sustainable growth amid economic uncertainties in 2023[59] - Employee costs for the year amounted to HKD 402,862,000, down from HKD 456,323,000 in the previous year, with a total employee count of 3,301 as of December 31, 2022[58] Research and Development - Research and development expenses increased by 28.9% to HKD 46,926,000, primarily due to salary increases[44] - The company is investing in new technology development, allocating $E million towards R&D initiatives aimed at enhancing operational efficiency[66] Governance and Compliance - The board of directors is responsible for formulating the overall strategic direction of the group and monitoring its performance[126] - The company has adhered to the principles of the Corporate Governance Code throughout the year ending December 31, 2022[144] - The audit committee held four meetings during the year to review the group's interim and annual performance, accounting principles, and internal controls[153] - The company has confirmed that all independent non-executive directors meet the independence criteria as per Listing Rule 3.13[129] Risk Management - The group has established a risk management framework to identify and manage risks associated with its business strategies and objectives[181] - The audit committee reviews the effectiveness of the risk management and internal control systems at least annually, covering all significant controls including financial, operational, and compliance[182] - The company has been actively monitoring economic, political, and legal developments in China to manage operational risks[90] Sustainability and Social Responsibility - The management team emphasized a commitment to sustainability, with initiatives expected to reduce operational carbon footprint by J%[66] - The company has implemented environmental protection measures in its Chinese factories, including waste monitoring systems and energy-efficient lighting[94] - During the year, the group made charitable and other donations amounting to HKD 289,000, down from HKD 324,000 in 2021[100] Future Outlook - The company provided guidance for the next fiscal year, projecting revenue growth of A% and an expected EBITDA margin of B%[66] - New product launches are anticipated to contribute an additional $C million in revenue, with a focus on expanding the product line in the D market[66] - Market expansion efforts are underway, with plans to enter the E region, targeting a market size of $F billion[66] - The company is considering strategic acquisitions to bolster its market position, with potential targets identified in the G sector[66]

香港交易及結算所有限公司與香港聯合交易所有限公司對本公告的內容槪不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示槪不就因本公告全部或任何部 份內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 WINOX HOLDINGS LIMITED 盈 利 時 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：6838） 二零二二年全年業績 財務摘要 ⚫ 本集團的收益達1,149,762,000港元，下跌17.0%。 ⚫ 本集團的毛利達305,581,000港元，上升2.9%。 ⚫ 本集團的年內溢利為112,396,000港元，上升19.0%。 ⚫ 每股基本盈利為18.7港仙，上升19.1%。 ⚫ 董事會建議就截至二零二二年十二月三十一日止年度派付期末股 息每股普通股5港仙。 ...

Financial Performance - Revenue for the six months ended June 30, 2022, increased by 3.5% to HKD 554,521,000 compared to HKD 536,010,000 in the same period last year[9]. - Gross profit rose by 26.2% to HKD 128,436,000, with a gross margin increase of 4.2 percentage points to 23.2%[15]. - Profit for the period surged by 121.7% to HKD 36,724,000, with basic earnings per share increasing by 117.9% to HKD 6.1 cents[15]. - Total revenue for the six months ended June 30, 2022, was HKD 554,521,000, an increase from HKD 536,010,000 in the same period of 2021, representing a growth of approximately 3.8%[39]. - Gross profit for the same period was HKD 128,436,000, compared to HKD 101,803,000 in 2021, reflecting a significant increase of about 26.2%[39]. - The net profit for the six months ended June 30, 2022, was HKD 36,724,000, up from HKD 16,565,000 in 2021, indicating a growth of approximately 121.5%[39]. - The company reported a basic earnings per share of 6.1 HK cents for the period, compared to 2.8 HK cents in the previous year, marking an increase of 117.9%[39]. Revenue Breakdown - Revenue from watch bands grew by 10.1% to HKD 177,258,000, while revenue from fashion jewelry increased by 80.6% to HKD 50,679,000[13]. - Revenue from mobile phone frames and parts slightly decreased by 0.7% to HKD 229,380,000, and revenue from smart wearable device frames and parts fell by 16.1% to HKD 97,204,000[13]. - Revenue from the Chinese market decreased to HKD 234,595,000 from HKD 281,240,000, while revenue from Switzerland increased to HKD 164,002,000 from HKD 154,768,000[55]. Assets and Liabilities - Total assets as of June 30, 2022, were HKD 1,331,598,000, a decrease of 17.3% from HKD 1,610,090,000[9]. - Current liabilities decreased to HKD 352,072,000 from HKD 604,548,000 at the end of 2021, representing a reduction of about 41.7%[41]. - The total equity as of June 30, 2022, was HKD 976,686,000, down from HKD 1,001,099,000 at the end of 2021, indicating a decrease of approximately 2.4%[41]. - The company's debt-to-asset ratio was 0.09 as of June 30, 2022, down from 0.16 as of December 31, 2021[29]. Cash Flow and Investments - The company reported a net cash inflow from operating activities of HKD 213,599,000 for the six months ended June 30, 2022, compared to a net cash outflow of HKD 9,725,000 in the same period last year[46]. - The company incurred a net cash outflow from investing activities of HKD 37,887,000, an improvement from HKD 69,086,000 in the prior year[46]. - Financing activities resulted in a net cash outflow of HKD 142,890,000, compared to a net cash inflow of HKD 65,328,000 in the same period last year[46]. Expenses and Costs - Employee costs for the period amounted to HKD 221,552,000, up from HKD 194,451,000 in 2021, which is an increase of about 14%[34]. - Research and development expenses increased by 54.2% to HKD 20,279,000, up from HKD 13,150,000 in the previous year[23]. - Financing costs rose by 105.1% to HKD 3,408,000, compared to HKD 1,662,000 in the previous year, mainly due to an increase in average bank borrowings[23]. Governance and Shareholding - The company has maintained compliance with the corporate governance code as per the Hong Kong Stock Exchange rules throughout the six months ending June 30, 2022[88]. - The board of directors includes key executives such as the chairman, vice-chairman, and managing director, with a total of six executive directors and four independent non-executive directors[88]. - As of June 30, 2022, the company’s major shareholders include Mr. Yao Hanming and Ms. Luo Huiping, each holding approximately 66.34% of the total issued share capital[95]. - The company’s governance structure is designed to enhance transparency and accountability, ultimately benefiting shareholders[88]. Future Outlook - The company maintained a cautious optimism for the second half of 2022, focusing on improving operational efficiency and sustainable growth despite economic challenges[35]. - The company plans to continue discussions with local government authorities regarding the construction land indicators for a new production facility in Huizhou, China, indicating ongoing market expansion efforts[71].

Financial Performance - For the fiscal year ended December 31, 2021, the company reported revenue of HKD 1,385,113,000, representing a 16.6% increase from HKD 1,187,440,000 in 2020[6]. - Gross profit for the same period was HKD 297,101,000, up 23.7% from HKD 240,161,000 in the previous year[6]. - Net profit for the year was HKD 94,419,000, a slight decrease of 1.7% compared to HKD 96,085,000 in 2020[6]. - Basic and diluted earnings per share were HKD 15.7, with a total dividend of HKD 3.5 per share, including a final dividend of HKD 3[6]. - Total assets as of December 31, 2021, were HKD 1,610,090,000, an increase of 30.5% from HKD 1,233,858,000 in 2020[6]. - The company’s total borrowings amounted to HKD 258,234,000, with a debt-to-asset ratio of 0.16[6]. - The net asset value per share was HKD 1.67, with a return on equity of 9.4%[6]. - Revenue from watch bands and fashion accessories surged by 78.0% and 55.6%, reaching HKD 376,687,000 and HKD 79,765,000 respectively[16][19]. - Revenue from mobile phone frames and parts decreased by 12.8% to HKD 567,465,000, down from HKD 650,760,000 in the previous year[17]. - Revenue from smart wearable device frames and parts rose by 31.9% to HKD 361,196,000, compared to HKD 273,801,000 in 2020[18]. - Gross profit increased by 23.7% to HKD 297,101,000, with a gross profit margin of 21.4%, up from 20.2% in the previous year[22]. - Net profit for the year decreased by 1.7% to HKD 94,419,000, with basic earnings per share falling by 1.9% to HKD 0.157[22]. Operational Strategy - The company aims to enhance product quality and customer service to meet market demands[10]. - Future outlook includes potential market expansion and new product development strategies[10]. - The company plans to maintain competitive pricing while ensuring timely delivery of products[10]. - The company plans to complete the construction of a new factory building in phases starting in early 2023, with a total loan of HKD 150,000,000 secured for this project[14]. - The company maintains confidence in the future development of its smart wearable device segment despite ongoing chip shortages expected to continue into 2022[14]. - The company is committed to improving operational efficiency and resource utilization to enhance profitability and achieve sustainable growth[45]. Financial Position and Assets - Total direct material costs were HKD 591,960,000, up from HKD 540,837,000, while direct labor costs rose to HKD 363,624,000 from HKD 298,054,000[29]. - Inventory balance increased by 14.1% to HKD 134,670,000, driven by an increase in work-in-progress[33]. - Trade receivables rose to HKD 358,855,000 from HKD 251,950,000, with a turnover period of 80.5 days[34]. - Trade payables increased to HKD 251,627,000 from HKD 193,759,000, with a turnover period of 74.7 days[35]. - Net current assets were HKD 306,373,000, up from HKD 269,173,000, with cash and bank balances of HKD 207,002,000[38]. - Total bank borrowings increased significantly to HKD 258,234,000 from HKD 72,493,000, with 49.2% at floating rates[39]. - The company's capital expenditure commitments amounted to HKD 30,100,000, up from HKD 21,988,000, primarily related to property and equipment acquisitions[41]. - Cash and cash equivalents at year-end were HKD 207,002 thousand, up from HKD 174,638 thousand in the previous year, showing improved liquidity[186]. - The company’s total equity rose to HKD 1,001,099 thousand, compared to HKD 899,850 thousand in 2020, reflecting a strong capital position[186]. Shareholder Information - As of December 31, 2021, the reserves available for distribution to shareholders were approximately HKD 338,032,000, down from HKD 361,847,000 in 2020[79]. - The board proposed a final dividend of HKD 0.03 per ordinary share for the year ended December 31, 2021, totaling approximately HKD 18,000,000, the same as in 2020[78]. - The group’s largest and five largest customers accounted for approximately 25.7% and 74.5% of total revenue for the year ended December 31, 2021, respectively, compared to 18.1% and 65.2% in 2020[70]. - The company has adopted a dividend policy targeting a payout ratio of at least 40% of the profit attributable to shareholders for each financial year[80]. - The company has a strong ownership structure with significant control held by its directors and their related entities[105]. Governance and Compliance - The board of directors consists of four independent non-executive directors, accounting for one-third of the board[90]. - The company received annual confirmation letters regarding the independence of its directors as per the listing rules[90]. - The company has a non-competition agreement in place with its controlling shareholders, ensuring compliance throughout the year[91]. - The company has adopted corporate governance policies in line with the corporate governance code and has complied with all applicable provisions[129]. - The board consists of ten members, including six executive directors and four independent non-executive directors, ensuring a balanced governance structure[133]. - The independent non-executive directors represent at least one-third of the board, meeting the independence criteria set forth in the listing rules[139]. - The company has implemented a robust internal control system and risk management procedures[136]. - The audit committee assists the board in fulfilling its responsibilities regarding risk management and internal control systems, reviewing their effectiveness at least annually[155]. Risk Management - The financial condition, operating performance, and business outlook of the group may be affected by various identified risks and uncertainties[68]. - The group has maintained a prudent treasury policy, including holding cash in Hong Kong, to manage risks associated with its operations in China[71]. - The risk management and internal control systems are designed to manage risks rather than eliminate them, providing reasonable assurance against significant misstatements or losses[153]. - The board of directors has reviewed the effectiveness of the group's risk management and internal control systems and considers them effective and adequate[158]. Audit and Financial Reporting - The company has appointed Deloitte as its independent auditor for the fiscal year[127]. - The independent auditor's fees for the year ending December 31, 2021, amounted to HKD 1,530,000 for audit services and HKD 330,000 for non-audit services[163]. - The financial statements for the year ending December 31, 2021, have been prepared in accordance with Hong Kong Financial Reporting Standards[165]. - The group has applied the revised Hong Kong Financial Reporting Standards for the first time, effective from January 1, 2021, with no significant impact on the financial statements[195].

WINOX HOLDINGS LIMITED 盈利時控股有限公司 (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號：6838 INTERIM REPORT 2021 中期報告 WINOX HOLDINGS LIMITED 盈利時控股有限公司 (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號：6838 INTERIM REPORT 2021 中期報告 目錄 公司資料及重要日期 2 財務摘要 3 管理層討論及分析 4 簡明綜合財務報表審閱報告 9 中期財務資料 | --- | --- | |---------------------------------|-------| | | | | 簡明綜合損益及其他全面收益表 10 | | | 簡明綜合財務狀況表 11 | | | 簡明綜合權益變動表 12 | | | 簡明綜合現金流量表 13 | | ...

盈利時控股有限公司 (於開曼群島註冊成立之有限公司) 股份代號 : 6838 2020 年報 目錄 | --- | --- | |------------------------------|-------| | | | | 公司資料及重要日期 | | | 財務摘要 | | | 主席報告書 | | | 管理層討論及分析 | | | 董事、高級管理人員及公司秘書 | | | 董事會報告 | | | 企業管治報告 | | | 獨立核數師報告 | | | 綜合損益及其他全面收益表 | | | 綜合財務狀況表 | | | 綜合權益變動表 | | | 綜合現金流量表 | | | 綜合財務報表附註 | | | 五年財務概要 | | 2 3 4 6 11 15 26 35 39 40 41 42 43 84 公司資料及重要日期 | --- | --- | --- | --- | |---------------------------|----------------------------------------|-------|--------------------------------------------| ...

WINOX HOLDINGS LIMITED 盈利時控股有限公司 WINOX HOLDINGS LIMITED 盈利時控股有限公司 (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號：6838 (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號：6838 2020 2020 INTERIM REPORT 中期報告 INTERIM REPORT 中期報告 目錄 公司資料 2 財務摘要 3 管理層討論及分析 4 簡明綜合財務報表審閱報告 9 中期財務資料 簡明綜合損益及其他全面收益表 10 簡明綜合財務狀況表 11 簡明綜合權益變動表 12 簡明綜合現金流量表 13 簡明綜合財務報表附註 14 企業管治及其他資料 24 公司資料 董事會 姚漢明（主席） 姚達星（副主席） 李展強（董事總經理） 羅惠萍 周錦榮（財務董事） 姚浩婷 歐偉明* 溫嘉旋* 黃 ...

盈利時控股有限公司 (於開曼群島註冊成立之有限公司) 股份代號 : 6838 年 報 2019 目錄 公司資料及重要日期 2 財務摘要 3 主席報告書 4 管理層討論及分析 6 董事、高級管理人員及公司秘書 11 董事會報告 15 企業管治報告 26 獨立核數師報告 35 綜合損益及其他全面收益表 39 綜合財務狀況表 40 綜合權益變動表 41 綜合現金流量表 42 綜合財務報表附註 43 五年財務概要 84 公司資料及重要日期 | --- | --- | --- | --- | |-----------------------------|--------------------------------------------------|-------|--------------------------------------------------------------| | | | | | | 董事會 | 總部及香港主要營業地點 | | | | 姚漢明（主席兼董事總經理） | 香港九龍 | | | | 歐偉明 * （副主席） | 油塘茶果嶺道六一零號 | | | | 羅惠萍 | 生利工業中心一樓 ...

WINOX WINOX HOLDINGS LIMITED 盈利時控股有限公司 (incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立之有限公司) Stock Code 股份代號：6838 201 9 INTERIM REPORT 告 前 目錄 公司資料及重要日期 2 財務摘要 3 管理層討論及分析 4 簡明綜合財務報表審閱報告 10 中期財務資料 簡明綜合損益及其他全面收入表 11 簡明綜合財務狀況表 12 簡明綜合權益變動表 13 簡明綜合現金流量表 14 簡明綜合財務報表附註 15 企業管治及其他資料 28 公司資料及重要日期 | --- | --- | |------------------------------|-------| | | | | 歐偉明 （副主席） * 羅惠萍 | | | （財務董事） | | | 周錦榮 李展強 | | | 姚浩婷 姚達星 溫嘉旋 * | | | 黃龍德 * 胡銘霖 * | | * 獨立非執行董事 審核委員會 黃龍德（主席） 歐偉明 溫嘉旋 胡銘霖 薪酬委員會 黃龍德（主席） 姚漢 ...

盈利時控股有限公司 (於開曼群島註冊成立之有限公司) 股份代號 : 6838 2 018年 報 目錄 公司資料及重要日期 2 | --- | |------------------------------| | | | | | 財務摘要 | | 主席報告書 | | 管理層討論及分析 | | 董事、高級管理人員及公司秘書 | | 董事會報告 | | 企業管治報告 | | 獨立核數師報告 | | 綜合損益及其他全面收益表 | | 綜合財務狀況表 | | 綜合權益變動表 | | 綜合現金流量表 | | 綜合財務報表附註 | | 五年財務概要 | 3 4 6 11 14 25 34 38 39 40 41 42 84 公司資料及重要日期 | --- | --- | --- | --- | |---------------------------------------|-----------------------------------------------|-------|---------------------------------------------------------------------- ...