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品创控股(08066) - 2023 - 中期财报
2023-08-14 08:30
Financial Performance - For the six months ended June 30, 2023, the unaudited revenue was approximately HKD 37,469,000, an increase of 19.3% compared to approximately HKD 31,399,000 for the same period in 2022[4]. - The group recorded an unaudited profit attributable to owners of the company of approximately HKD 1,259,000, compared to an unaudited loss of approximately HKD 5,457,000 for the same period in 2022[4]. - The gross profit for the six months ended June 30, 2023, was approximately HKD 11,644,338, compared to HKD 7,527,105 for the same period in 2022, reflecting a significant improvement[6]. - The total comprehensive income for the six months ended June 30, 2023, amounted to approximately HKD 1,798,853, compared to a loss of HKD 5,162,391 for the same period in 2022[6]. - The basic and diluted earnings per share for the six months ended June 30, 2023, were HKD 0.240, compared to a loss of HKD 1.039 for the same period in 2022[7]. - The reported profit before tax for the six months ended June 30, 2023, was HKD 1,257,580, compared to a loss of HKD 5,457,386 for the same period in 2022, indicating a significant turnaround[21][23]. - The company reported a total comprehensive income of HKD 1,799,878 for the six months ended June 30, 2023, compared to a total comprehensive loss of HKD 5,162,266 for the same period in 2022, reflecting a turnaround in performance[12]. Assets and Liabilities - The company's non-current assets as of June 30, 2023, were valued at approximately HKD 40,502,193, a decrease from HKD 42,386,503 as of December 31, 2022[9]. - Current assets increased to approximately HKD 25,784,127 as of June 30, 2023, compared to HKD 23,931,512 as of December 31, 2022[9]. - The company's total assets as of June 30, 2023, amounted to HKD 66,286,320, compared to HKD 66,318,015 as of December 31, 2022, showing a slight decrease[24][26]. - The total liabilities as of June 30, 2023, were HKD 27,798,949, a decrease from HKD 29,629,497 as of December 31, 2022, reflecting improved financial health[24][26]. - The net current liabilities improved to approximately HKD (992,498) as of June 30, 2023, from HKD (3,796,788) as of December 31, 2022[9]. - As of June 30, 2023, the company's total equity stood at HKD 38,487,371, down from HKD 40,316,260 at the end of June 2022, representing a decrease of approximately 4.5%[12]. Cash Flow and Investments - The company incurred cash outflows from investing activities amounting to HKD 548,459 for the six months ended June 30, 2023, compared to HKD 150,376 in the same period of 2022, indicating increased investment activity[13]. - The company’s financing activities resulted in a cash outflow of HKD 2,783,285 for the six months ended June 30, 2023, compared to HKD 1,872,252 in the prior year, suggesting higher financing costs[13]. - The company's cash and cash equivalents decreased by HKD 3,478,250 during the six months ended June 30, 2023, compared to an increase of HKD 40,674 in the same period of 2022[13]. - Operating cash flow for the six months ended June 30, 2023, was a net outflow of HKD 146,506, a significant decline from a net inflow of HKD 2,063,302 in the prior year[13]. - The cash and cash equivalents as of June 30, 2023, were HKD 2,765,798, a decrease from HKD 6,236,472 as of December 31, 2022, highlighting liquidity challenges[24][26]. Shareholder Information - Major shareholders include Golden Dice Co., Ltd. with 63,142,512 shares (12.02%) and Best Heaven Limited with 31,586,500 shares (6.01%) as of June 30, 2023[83]. - The company’s major shareholder, Cai Junyuan, holds 94,729,012 shares (18.03%) through controlled entities[83]. - As of June 30, 2023, the company has a total of 4,500,000 share options available for exercise by executive directors, with an exercise price of HKD 0.20[85]. - The company has a total of 37,179,250 share options remaining as of June 30, 2023, after accounting for options that have expired[85]. - The company has a total of 22,779,250 share options granted to employees, with an exercise price of HKD 0.20, valid until January 2, 2028[85]. Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited results for the six months ending June 30, 2023, ensuring compliance with applicable accounting standards[86]. - The company has adopted the corporate governance code as per GEM listing rules, maintaining transparency and accountability to shareholders[87]. - The company has not separated the roles of Chairman and CEO, citing the small scale of operations and established internal controls as reasons[88]. - The company has maintained compliance with all provisions of the corporate governance code, except for the separation of the Chairman and CEO roles[87]. - The company’s independent non-executive directors are responsible for reviewing financial controls and risk management systems[86]. Operational Highlights - The company operates in five business segments: sales of smart cards, smart card application systems, financial and management consulting services, scrap metal sales and trading, and media and entertainment[19]. - Revenue from SIM card production was approximately HKD 37,500,000, an increase of about HKD 6,100,000 or 19.4% compared to HKD 31,400,000 in the same period last year[53]. - Cost of sales for SIM card production was approximately HKD 25,800,000, an increase of about HKD 1,900,000 or 7.9% compared to HKD 23,900,000 in the same period last year[54]. - Gross profit increased by approximately HKD 4,100,000 or 54.7% to about HKD 11,600,000 from approximately HKD 7,500,000 in the same period last year[54]. - The company received government subsidies totaling HKD 639,080 for the six months ended June 30, 2023, compared to HKD 306,298 for the same period in 2022, indicating increased support[29].
品创控股(08066) - 2023 - 中期业绩
2023-08-11 08:59
PHOENITRON HOLDINGS LIMITED 品 創 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:8066) 截至二零二三年六月三十日止六個月之 中期業績公告 香港聯合交易所有限公司(「聯交所」)GEM之特點。 GEM乃供投資風險較聯交所其他上市公司為高之中小型公司上市之市場。有意投 資者應了解投資於該等公司之潛在風險,亦應經過審慎周詳考慮後方可作出投資 決定。 由於GEM上市之公司普遍為中小型公司,在GEM買賣之證券可能會較於主板買 賣之證券承受更大之市場波動風險,同時無法保證在GEM買賣之證券會有高流通 量之市場。 香港交易及結算所有限公司及聯交所對本公告之內容概不負責,對其準確性或完 整性亦不發表任何聲明,並明確表示概不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之任何損失承擔任何責任。 本公告所載資料包括遵照聯交所GEM證券上市規則(「GEM上市規則」)規定提供 有關品創控股有限公司(「本公司」)之資料。本公司各董事(「董事」)對本公告所 載資料共同及個別承擔全部責任。各董事在作出一切合理查詢後確認,就彼等所 深知及確信,本公告所載資料在各重大方面均準 ...
品创控股(08066) - 2023 Q1 - 季度财报
2023-05-12 08:30
Financial Performance - For the three months ended March 31, 2023, the unaudited revenue was approximately HKD 19,564,000, an increase of 32.6% compared to approximately HKD 14,760,000 for the same period in 2022[4] - The group recorded an unaudited profit attributable to owners of the company of approximately HKD 1,243,000, compared to an unaudited loss of approximately HKD 2,628,000 for the same period in 2022[4] - The gross profit for the three months ended March 31, 2023, was HKD 6,827,207, compared to HKD 3,795,260 for the same period in 2022[6] - The total comprehensive income for the period was HKD 1,176,594, compared to a total comprehensive loss of HKD 2,453,817 for the same period in 2022[7] - Basic and diluted earnings per share for the period were HKD 0.237, compared to a loss per share of HKD 0.500 for the same period in 2022[7] Revenue and Costs - The company's revenue from SIM card production for the three months ended March 31, 2023, was approximately HKD 19,500,000, an increase of about HKD 4,800,000 or 32.6% compared to approximately HKD 14,700,000 in the same period of 2022[22] - The cost of sales for the SIM card production business was approximately HKD 12,700,000, an increase of about HKD 1,800,000 or 16.2% compared to approximately HKD 10,900,000 in the same period of 2022[23] - The gross profit increased to approximately HKD 6,800,000, up about HKD 3,000,000 or 79.9% from approximately HKD 3,800,000 in the same period of 2022[23] - The cost of sales for the three months ended March 31, 2023, was HKD 12,737,201, compared to HKD 10,964,399 for the same period in 2022[6] Expenses - Administrative expenses decreased to HKD 5,211,982 for the three months ended March 31, 2023, from HKD 5,544,771 in the same period in 2022[6] - The financial expenses for the period were HKD 52,345, down from HKD 85,075 in the same period in 2022[6] - Administrative expenses decreased slightly by about HKD 330,000 or 6.0% to approximately HKD 5,210,000 compared to approximately HKD 5,540,000 in the same period of 2022[27] - Financial expenses remained stable at approximately HKD 100,000 for both the three months ended March 31, 2023, and 2022[28] Dividends - The company did not recommend any interim dividend for the three months ended March 31, 2023, consistent with the previous year[4] - The company did not declare any interim dividend for the three months ended March 31, 2023, consistent with the same period in 2022[18] Foreign Exchange and Other Income - The company reported a foreign exchange loss of HKD 66,323 for the period, compared to a foreign exchange gain of HKD 173,988 in the same period in 2022[7] - Other income totaled HKD 179,792, including government subsidies of HKD 172,414, bank interest income of HKD 814, and miscellaneous income of HKD 6,564[24] - The net other gains were approximately HKD 60,000, compared to a net loss of approximately HKD 260,000 in the same period of 2022[25] Shareholder Information - Major shareholders included Golden Dice Co., Ltd. with 12.02% and Best Heaven Limited with 6.01% of the shares[34] - The total number of unexercised share options as of March 31, 2023, was 37,179,250, after accounting for 450,000 options that lapsed during the period[36] - The group’s executive directors held a total of 14,400,000 share options as of March 31, 2023[36] - The total equity held by the directors and key executives represented a small percentage of the issued share capital, with the highest individual holding being 1.68%[32] Governance and Compliance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited results for the three months ended March 31, 2023[38] - The company has adhered to the corporate governance code as per GEM Listing Rules Appendix 15, except for the separation of the roles of Chairman and CEO, which is not deemed necessary due to the group's small scale[39] - The company has established a set of codes of conduct for directors' securities transactions, which comply with GEM Listing Rules[42] - There are no interests held by directors or management shareholders in any business that competes directly or indirectly with the company's operations as of March 31, 2023[44] Financial Position - As of March 31, 2023, the group had cash and bank balances of approximately HKD 2,300,000, down from HKD 6,200,000 as of December 31, 2022[30] - Current assets were approximately HKD 27,400,000, an increase from HKD 23,900,000 as of December 31, 2022, while current liabilities rose to approximately HKD 29,000,000 from HKD 27,700,000[30] - The current ratio remained at 0.9 as of March 31, 2023, unchanged from December 31, 2022[30] - The debt-to-capital ratio decreased to 6.5% as of March 31, 2023, compared to 9.9% as of December 31, 2022[31] - The company has no outstanding borrowings as of March 31, 2023, compared to HKD 1,300,000 as of December 31, 2022[30] Securities Transactions - The company did not purchase, sell, or redeem any of its securities during the three months ending March 31, 2023[45] - As of March 31, 2023, the remaining term is approximately 4.76 years[40]
品创控股(08066) - 2023 Q1 - 季度业绩
2023-05-11 08:30
PHOENITRON HOLDINGS LIMITED 品 創 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:8066) 截至二零二三年三月三十一日止三個月 第一季度業績公告 香港聯合交易所有限公司(「聯交所」)GEM之特點 GEM乃供投資風險較聯交所其他上市公司為高之中小型公司上市之市場。有意投 資者應了解投資於該等公司之潛在風險,亦應經過審慎周詳考慮後方可作出投資 決定。 由於GEM上市之公司普遍為中小型公司,在GEM買賣之證券可能會較於主板買 賣之證券承受更大之市場波動風險,同時無法保證在GEM買賣之證券會有高流通 量之市場。 香港交易及結算所有限公司及聯交所對本公告之內容概不負責,對其準確性或完 整性亦不發表任何聲明,並明確表示概不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之任何損失承擔任何責任。 本公告所載資料包括遵照聯交所GEM證券上市規則(「GEM上市規則」)規定提供 有關品創控股有限公司(「本公司」)之資料。本公司各董事(「董事」)對本公告所 載資料共同及個別承擔全部責任。各董事在作出一切合理查詢後確認,就彼等所 深知及確信,本公告所載資料在各重大方面均 ...
品创控股(08066) - 2022 - 年度财报
2023-03-30 23:14
Financial Performance - For the fiscal year ending December 31, 2022, the company recorded a consolidated revenue of approximately HKD 58,482,000, down from HKD 72,755,000 in 2021, representing a decrease of about 19.6%[16]. - The company reported a loss attributable to owners of approximately HKD 7,735,000 for the year, compared to a loss of HKD 5,763,000 in the previous year, indicating an increase in losses of approximately 34.2%[16]. - The sales of smart card business generated a profit of approximately HKD 1,460,000 during the reporting period, down from HKD 3,890,000 in 2021, reflecting a decline of about 62.4%[19]. - The revenue from smart card sales for the fiscal year ended December 31, 2022, was approximately HKD 58,470,000, a decrease of about HKD 14,270,000 or 19.6% compared to approximately HKD 72,740,000 in the same period of 2021[30]. - The gross profit from smart card sales decreased by approximately HKD 3,860,000 or 20.5% to about HKD 14,970,000, down from approximately HKD 18,830,000 in the previous year[33]. - The company reported a net loss of HKD 7,735,530 for the year ended December 31, 2022[172]. - Total comprehensive loss for the year amounted to HKD 8,790,133, which is an increase from HKD 4,916,328, marking a rise of about 78.5%[188]. - The company's equity attributable to owners decreased from HKD 45,247,931 to HKD 36,457,923, a decline of approximately 19.4%[191]. - The company reported a basic and diluted loss per share of HKD 1.472, compared to HKD 1.097 in the previous year, indicating a worsening of the loss per share by approximately 34.1%[188]. Operational Challenges - The company faced significant challenges due to the COVID-19 pandemic, which disrupted supply chains and production, particularly affecting the availability of chips for smart card production[18]. - The high-value auxiliary card service orders significantly decreased during the reporting period due to increased transportation costs and shipping challenges[18]. - The company has identified significant uncertainties regarding its ability to continue as a going concern, which may impact future financial performance[186]. Strategic Initiatives - The company plans to seek opportunities to offer higher value card services, such as machine-to-machine (M2M) smart card related businesses in the coming year[18]. - The company aims to explore new business opportunities in the advertising, media, and entertainment sectors, leveraging investments in targeted television productions[21]. - The company intends to integrate its existing SIM card business to achieve higher production efficiency and cost savings[24]. - The company plans to issue convertible bonds with a total principal amount of HKD 16,500,000 to enhance its capital base and financial position[22]. Corporate Governance - The board consists of six members, including three executive directors and three independent non-executive directors[68]. - The company has adopted a set of codes of conduct for directors' securities trading, ensuring compliance with GEM listing rules[65]. - The company is committed to enhancing corporate governance practices to improve shareholder value and investor confidence[63]. - The independent non-executive directors confirmed their independence through annual declarations as required by GEM listing rules[75]. - The company emphasizes the importance of independent directors in its governance structure, with a focus on their experience and commitment[93]. Shareholder and Financial Policies - The company did not recommend any final dividend for the reporting period[17]. - The company has adopted a general dividend policy aimed at providing dividends to shareholders from the group's profits, considering various financial performance factors[130]. - The company has no distributable reserves as of the settlement date[143]. - The company has made necessary amendments to its articles of association to comply with updated GEM listing rules effective from January 1, 2022[119]. Risk Management - The board believes that the internal control system and risk management are effective and adequate, but these systems are designed to manage rather than eliminate risks[106]. - The management team is responsible for the overall risk management functions, focusing on business, market, compliance, financial, and operational risks[105]. - An independent internal control consultant has been appointed to evaluate the effectiveness of the company's internal control system[107]. Customer Dependency - The company generated 98% of its total revenue from its top five customers as of December 31, 2022, indicating a high dependency on a limited customer base[108]. - The largest customer accounted for 51% of the total sales, while the top five customers combined represented 98%[159]. Financial Position - As of December 31, 2022, the company had cash and bank balances of approximately HKD 6,200,000, an increase from approximately HKD 3,700,000 in 2021[46]. - Current liabilities exceeded current assets by HKD 3,796,788, compared to a positive net current asset position of HKD 1,741,503 in the previous year[189]. - The company’s accumulated losses reached HKD 459,820,362 as of December 31, 2022, reflecting ongoing financial challenges[196].
品创控股(08066) - 2022 - 年度业绩
2023-03-23 08:39
PHOENITRON HOLDINGS LIMITED 品 創 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:8066) 截至二零二二年十二月三十一日止年度 全年業績公告 香港聯合交易所有限公司(「聯交所」)GEM之特點 GEM乃供投資風險較聯交所其他上市公司為高之中小型公司上市之市場。有意投 資者應了解投資於該等公司之潛在風險,亦應經過審慎周詳考慮後方可作出投資 決定。 由於GEM上市之公司普遍為中小型公司,在GEM買賣之證券可能會較於主板買 賣之證券承受更大之市場波動風險,同時無法保證在GEM買賣之證券會有高流通 量之市場。 香港交易及結算所有限公司及聯交所對本公告之內容概不負責,對其準確性或完 整性亦不發表任何聲明,並明確表示概不會就本公告全部或任何部份內容而產生 或因倚賴該等內容而引致之任何損失承擔任何責任。 本公告所載資料包括遵照聯交所GEM證券上市規則(「GEM上市規則」)規定提供 有關品創控股有限公司(「本公司」)之資料。本公司各董事(「董事」)對本公告所 載資料共同及個別承擔全部責任。各董事在作出一切合理查詢後確認,就彼等所 深知及確信,本公告所載資料在各重大方面均準確 ...
品创控股(08066) - 2022 - 年度业绩
2023-03-22 12:54
PHOENITRON HOLDINGS LIMITED 品 創 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:8066) 截至二零二二年十二月三十一日止年度 全年業績公告 香港聯合交易所有限公司(「聯交所」)GEM之特點 GEM乃供投資風險較聯交所其他上市公司為高之中小型公司上市之市場。有意投 資者應了解投資於該等公司之潛在風險,亦應經過審慎周詳考慮後方可作出投資 決定。 由於GEM上市之公司普遍為中小型公司,在GEM買賣之證券可能會較於主板買 賣之證券承受更大之市場波動風險,同時無法保證在GEM買賣之證券會有高流通 量之市場。 香港交易及結算所有限公司及聯交所對本公告之內容概不負責,對其準確性或完 整性亦不發表任何聲明,並明確表示概不會就本公告全部或任何部份內容而產生 或因倚賴該等內容而引致之任何損失承擔任何責任。 本公告所載資料包括遵照聯交所GEM證券上市規則(「GEM上市規則」)規定提供 有關品創控股有限公司(「本公司」)之資料。本公司各董事(「董事」)對本公告所 載資料共同及個別承擔全部責任。各董事在作出一切合理查詢後確認,就彼等所 深知及確信,本公告所載資料在各重大方面均準確 ...
品创控股(08066) - 2021 - 年度财报
2022-03-29 22:57
Financial Performance - For the fiscal year ending December 31, 2021, the company reported a consolidated revenue of approximately HKD 72,755,000, a decrease of 4.4% from HKD 76,099,000 in 2020[19]. - The company recorded a loss attributable to owners of approximately HKD 5,763,000 for the year, compared to a profit of HKD 3,956,000 in the previous year[19]. - The sales of smart card business generated a profit of approximately HKD 1,400,000, down from HKD 7,900,000 in 2020, indicating a significant decline in profitability[24]. - The company reported revenue from SIM card production of approximately HKD 72,740,000 for the fiscal year ending December 31, 2021, a decrease of about HKD 3,360,000 or 4.4% compared to approximately HKD 76,100,000 in the same period of 2020[33]. - Gross profit decreased to approximately HKD 18,830,000, down about HKD 5,330,000 or 22.1% from approximately HKD 24,160,000 in the previous year[34]. - The company reported a net loss attributable to owners of approximately HKD 5,760,000 for the year, compared to a profit of approximately HKD 3,960,000 in 2020[45]. - Total revenue for the year ended December 31, 2021, was HKD 72,755,127, a decrease of 4.4% from HKD 76,098,619 in 2020[175]. - Gross profit for 2021 was HKD 18,828,076, down 22.1% from HKD 24,163,993 in the previous year[175]. - The company reported a total comprehensive income of HKD 4,684,065 for the year ended December 31, 2021, compared to a total comprehensive loss of HKD 4,916,203 in 2020, indicating a significant recovery[179]. Operational Challenges - The company faced challenges due to the COVID-19 pandemic, including supply chain disruptions and semiconductor shortages, which adversely affected the smart card contract production business[21]. - High-value auxiliary card service orders significantly decreased due to increased transportation costs, impacting the business's profitability[23]. - The overall economic recovery was hindered by various factors, including rising energy prices and inflationary pressures, affecting the company's performance[21]. - The company experienced a loss of HKD 5,762,933 for the year, compared to a profit of HKD 3,955,709 in 2020, reflecting a challenging operational environment[179]. Strategic Initiatives - The company focused on strengthening relationships with existing customers and expanding its customer base to enhance overall market share during the reporting period[23]. - The company plans to explore opportunities to offer higher value card services, such as machine-to-machine (M2M) smart card-related businesses in the coming year[23]. - The company plans to continue integrating its existing SIM card business to achieve higher production efficiency and cost savings[28]. - The company is focused on expanding its customer base to mitigate risks associated with reliance on a limited number of clients[96]. Corporate Governance - The board of directors consists of six members, including three executive directors and three independent non-executive directors[68]. - The company maintained compliance with the corporate governance code, except for the separation of the roles of chairman and CEO[64]. - The audit committee held four meetings to review the quarterly, interim, and annual performance for the year ending December 31, 2021, with attendance rates of 75% for Mr. Liang and 100% for Ms. Huang and Mr. Chan[78]. - All independent non-executive directors confirmed their independence through annual declarations as per GEM Listing Rules[74]. - The nomination committee reviewed the board's composition and confirmed satisfaction with the current structure, emphasizing diversity as a key factor for sustainable development[82][83]. - Continuous professional development is mandatory for all directors to enhance their knowledge and skills, with all directors participating in relevant training courses[76][77]. - The company emphasizes the importance of independent judgment from its independent non-executive directors, who have served for over nine years[74]. - The company secretary and compliance officer have been appointed to ensure adherence to governance standards and regulations[88][89]. Financial Position - As of December 31, 2021, the company had cash and bank balances of approximately HKD 3,700,000, down from approximately HKD 8,800,000 in 2020[48]. - Current assets were approximately HKD 36,300,000 and current liabilities were approximately HKD 34,600,000, resulting in a current ratio of 1.0, down from 1.2 in 2020[48]. - The company's total equity decreased to HKD 45,478,651 in 2021 from HKD 50,394,979 in 2020, a decline of 9.8%[178]. - The total liabilities increased to HKD 452,084,957 as of December 31, 2021, compared to HKD 446,322,024 at the end of 2020[179]. - Cash and cash equivalents dropped significantly to HKD 3,682,844 in 2021 from HKD 8,819,535 in 2020, a decrease of 58.3%[176]. - The basic and diluted loss per share for 2021 was HKD 1.097, compared to earnings of HKD 0.753 per share in 2020[175]. Investments and Future Plans - The production of the targeted TV drama "Snow Leopard 2" is expected to be completed in 2022, with a planned release in the second quarter of 2023[26]. - The company aims to diversify its business in the advertising, media, and entertainment sectors, seeking additional similar investments beyond "Snow Leopard 2"[27]. - There were no major investments or capital asset plans disclosed for the future as of December 31, 2021[53]. - The company has made appropriate insurance arrangements for potential legal claims against its directors and senior management[149]. Audit and Compliance - The independent auditor for the financial statements for the years ended December 31, 2020, and December 31, 2021, was appointed as Deloitte Touche Tohmatsu[152]. - The financial statements were prepared in accordance with the Hong Kong Financial Reporting Standards and fairly reflect the group's financial position as of December 31, 2021[157]. - The auditor's report highlighted key audit matters, including the evaluation of the external valuers' objectivity and the methods used for fair value estimation[165]. - The company’s audit committee assists the board in overseeing the financial reporting process[168]. - The board has reviewed the effectiveness of the internal control and risk management systems, covering financial, operational, compliance, and risk management functions[93].
品创控股(08066) - 2021 - 中期财报
2021-08-13 11:00
Financial Performance - For the six months ended June 30, 2021, the group recorded unaudited revenue of approximately HKD 37,193,000, a decrease of 1.1% compared to the same period in 2020[5] - The unaudited profit attributable to owners of the company for the six months ended June 30, 2021, was approximately HKD 688,000[5] - Gross profit for the six months ended June 30, 2021, was HKD 9,926,677, down from HKD 13,050,106 in the same period of 2020, representing a decrease of approximately 23.1%[6] - The total comprehensive income for the six months ended June 30, 2021, was HKD 1,397,234, compared to HKD 2,164,919 for the same period in 2020, reflecting a decline of approximately 35.4%[7] - The company reported a basic and diluted earnings per share of HKD 0.131 for the six months ended June 30, 2021, down from HKD 0.390 in the same period of 2020[7] - The company achieved total revenue of HKD 37,193,004 for the six months ended June 30, 2021, with a profit before tax of HKD 688,109[20] - The net loss for the six months ended June 30, 2021, was HKD 687,280, compared to a net loss of HKD 137,622 for the same period in 2020[28] Dividends and Equity - The board of directors did not recommend the payment of any interim dividend for the six months ended June 30, 2021[5] - The company's equity attributable to owners was HKD 51,561,493 as of June 30, 2021, compared to HKD 50,164,134 as of December 31, 2020, indicating an increase of approximately 2.8%[10] - The company’s total equity increased to HKD 51,792,213 as of June 30, 2021, from HKD 47,876,011 at the beginning of the period[12] - The company did not declare any interim dividend for the six months ended June 30, 2021, consistent with the previous year[35] Assets and Liabilities - Non-current assets as of June 30, 2021, amounted to HKD 52,360,136, an increase from HKD 49,560,219 as of December 31, 2020[9] - Current assets decreased to HKD 41,033,641 as of June 30, 2021, from HKD 44,401,769 as of December 31, 2020[9] - The total assets as of June 30, 2021, amounted to HKD 93,393,777, compared to HKD 93,961,988 as of December 31, 2020[24] - The total liabilities as of June 30, 2021, were HKD 41,601,564, compared to HKD 43,567,009 as of December 31, 2020, indicating a reduction in liabilities[24] - The net current asset value as of June 30, 2021, was HKD 5,961,354, down from HKD 8,358,255 as of December 31, 2020[10] Cash Flow - The company reported a net cash inflow from operating activities of HKD 744,653 for the six months ended June 30, 2021, compared to a net outflow of HKD 2,794,234 in the same period of 2020[14] - The company’s cash and cash equivalents at the end of the period were HKD 8,299,522, a decrease of HKD 615,480 from the beginning balance of HKD 8,819,535[14] - The financing activities resulted in a net cash outflow of HKD 2,099,194 for the period[14] - Cash and bank balances as of June 30, 2021, were approximately HKD 8,300,000, down from HKD 8,800,000 at the end of 2020[66] Operational Highlights - The sales of smart cards generated revenue of HKD 37,178,444, contributing significantly to the overall revenue[20] - The sales of smart cards for the six months ended June 30, 2021, were HKD 37,178,444, compared to HKD 37,590,722 in 2020, reflecting a decrease of 1.1%[25] - The company reported a loss of HKD 1,547,580 from the sales and trading of scrap metals[20] - Revenue from SIM card production for the reporting period was approximately HKD 37,200,000, a slight decline of about HKD 400,000 or 1.1% compared to approximately HKD 37,600,000 in the same period of 2020[53] Expenses - The company’s financial expenses amounted to HKD 198,996, while net exchange losses were HKD 687,280[20] - Financial expenses for the six months ended June 30, 2021, were HKD 198,996, a decrease from HKD 206,565 in 2020[29] - Administrative expenses rose to approximately HKD 10,900,000, an increase of HKD 1,200,000 or 12.4% compared to the previous year[59] - Employee costs, including director remuneration, were approximately HKD 12,400,000, compared to HKD 11,000,000 for the same period last year[67] Corporate Governance - The audit committee, consisting of three independent non-executive directors, reviewed the unaudited financial results for the three and six months ended June 30, 2021[83] - The company has complied with the GEM Listing Rules regarding corporate governance, except for the separation of the roles of Chairman and CEO[84] - The company has adopted a code of conduct for directors' securities transactions, which complies with GEM Listing Rules[86] - As of June 30, 2021, there were no interests held by directors or management shareholders in any business that competes directly or indirectly with the company[87] Shareholder Information - As of June 30, 2021, major shareholders include Golden Dice Co., Ltd. with 12.02% (63,142,512 shares) and Best Heaven Limited with 6.01% (31,586,500 shares)[80] - The total unexercised stock options as of June 30, 2021, amounted to 37,629,250 shares, with an exercise price of HKD 0.20, and an average remaining term of approximately 6.51 years[82]
品创控股(08066) - 2021 Q1 - 季度财报
2021-05-14 08:38
Financial Performance - For the three months ended March 31, 2021, the unaudited revenue was approximately HKD 17,453,000, an increase of 109.4% compared to approximately HKD 8,335,000 for the same period in 2020[4] - The group recorded an unaudited loss attributable to owners of the company of approximately HKD 2,627,000 for the three months ended March 31, 2021[5] - The gross profit for the three months ended March 31, 2021, was HKD 4,583,578, compared to HKD 1,556,455 for the same period in 2020[6] - The total comprehensive loss for the period was HKD 1,996,917, compared to HKD 3,997,693 for the same period in 2020[7] - Basic and diluted loss per share for the period was HKD 0.500, compared to HKD 0.777 for the same period in 2020[7] - Revenue from SIM card production increased to approximately HKD 17,400,000, more than doubling from approximately HKD 8,300,000 in the same period last year, primarily due to temporary factory closures caused by COVID-19[19] - Gross profit rose to approximately HKD 4,580,000, an increase of about HKD 3,020,000 or 193.6% from approximately HKD 1,560,000 in the same period last year[20] - The company reported a loss attributable to shareholders of approximately HKD 2,630,000, compared to a loss of approximately HKD 4,080,000 in the same period last year[26] Administrative Expenses - The group incurred administrative expenses of HKD 5,607,256 for the three months ended March 31, 2021, compared to HKD 4,871,768 for the same period in 2020[6] - Administrative expenses increased by approximately HKD 740,000 or 15.2% to about HKD 5,610,000, mainly due to increases in hospitality, employee costs, and miscellaneous expenses[24] Dividends and Tax - The board of directors did not recommend the payment of any interim dividend for the three months ended March 31, 2021[5] - The company did not declare any interim dividends for the three months ended March 31, 2021, consistent with the previous year[16] - The company did not incur any income tax expenses during the reporting period, similar to the same period last year[26] Equity and Financial Position - The total equity attributable to owners of the company as of March 31, 2021, was HKD 48,398,062[9] - As of March 31, 2021, the company had cash and bank balances of approximately HKD 3,900,000, down from approximately HKD 8,800,000 as of December 31, 2020[27] - The current ratio remained stable at 1.2 as of March 31, 2021, consistent with the ratio as of December 31, 2020[27] - The debt-to-capital ratio was 11.1% as of March 31, 2021, slightly down from 11.5% as of December 31, 2020[28] Share Options and Ownership - As of March 31, 2021, the company’s directors and key executives held a total of 14,850,000 share options, representing approximately 0.20 HKD per share[35] - Major shareholders include Golden Dice Co., Ltd. with 63,142,512 shares (12.02%) and Best Heaven Limited with 31,586,500 shares (6.01%)[33] - The company’s key executive, Wu Yujun, holds 100,000 shares and has a total beneficial interest of 4,500,000 shares, representing 0.88% of the issued share capital[29] - The company’s independent non-executive directors each hold 450,000 share options, representing 0.09% of the issued share capital[31] - The total number of share options available for exercise as of March 31, 2021, is 37,629,250[35] - The major shareholder, Cai Qiyuan, is deemed to have a beneficial interest in 94,729,012 shares, representing 18.03% of the company[33] - The company’s share options plan was approved on January 8, 2008, and all options granted are fully vested[35] - As of March 31, 2021, the company has no other known individuals or entities holding significant interests in its shares[34] Corporate Governance - The company has established an audit committee consisting of three independent non-executive directors to oversee financial controls and risk management[36] - The audit committee has reviewed and approved the unaudited financial results for the three months ending March 31, 2021[36] - The company has adhered to the GEM Listing Rules Appendix 15 corporate governance code, except for the separation of the roles of Chairman and CEO as stipulated in code A2.1[37] - The current structure allows the roles of Chairman and CEO to be held by the same individual, as the company believes it does not compromise the balance of power between the board and management[37] - The company has established an internal control system to ensure oversight and checks and balances[37] - The company has adopted a code of conduct for directors' securities transactions, which complies with the GEM Listing Rules[38] Other Information - The foreign exchange difference arising from the translation of financial statements of overseas operations was HKD 629,759 for the period[7] - No securities were purchased, sold, or redeemed by the company or its subsidiaries during the three months ended March 31, 2021[40] - As of March 31, 2021, no directors or management shareholders had any interests in businesses that directly or indirectly compete with the company[39]