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首都金融控股(08239) - 2023 - 年度财报
2024-04-26 08:30
Economic Environment - The global economic environment remains uncertain due to geopolitical tensions, including the prolonged Russia-Ukraine conflict, which has impacted economic recovery [8] - In 2023, the Chinese economy faced challenges with weak consumer confidence and a declining RMB against the USD, exacerbated by the debt crisis among real estate developers [9] - The outlook for 2024 indicates a challenging operating environment for short-term financing due to ongoing geopolitical issues and competition in the financial market [12] - The group anticipates a challenging global economic environment in 2024 due to geopolitical issues and competition in the financial market [25] Company Strategy and Performance - The company aims to maintain competitiveness by focusing on cost reduction, budget management, and enhancing internal controls to improve operational efficiency and profitability [10] - The company plans to explore new business opportunities and seek potential acquisition projects in China and/or Hong Kong to diversify revenue sources and create long-term sustainable value for shareholders [12] - The group plans to maintain a flexible lending strategy to enhance competitiveness in the challenging short-term financing market [25] - The group aims to explore new business opportunities and seek suitable potential acquisition projects in China and/or Hong Kong to diversify revenue sources [25] Financial Results - For the year ended December 31, 2023, the group recorded total revenue of approximately HKD 36,233,000, a decrease of about HKD 10,250,000 compared to HKD 46,483,000 in 2022 [16] - The group generated approximately HKD 9,392,000 from the settlement of non-performing loans, which was not recorded in the year ended December 31, 2023 [16] - Expected credit loss provisions for customer loans were approximately HKD 2,607,000, a decrease of about HKD 3,474,000 from HKD 6,081,000 in 2022 [17] - The fair value loss on financial assets measured at fair value through profit or loss was approximately HKD 190,000 for the year ended December 31, 2023, compared to an unrealized fair value loss of approximately HKD 8,562,000 in 2022 [18] - Financial costs decreased to approximately HKD 15,491,000 from HKD 25,678,000, a reduction of about HKD 10,187,000 [21] - The operating profit before tax for short-term financing services was approximately HKD 21,056,000, down from HKD 24,298,000 in 2022 [23] Debt and Equity - As of December 31, 2023, the group's other debts amounted to approximately HKD 113,796,000, a decrease from HKD 174,987,000 in 2022 [26] - The group's cash and cash equivalents were approximately HKD 93,183,000 as of December 31, 2023, down from HKD 105,158,000 in 2022 [26] - The debt-to-equity ratio improved to approximately 2.2 as of December 31, 2023, compared to 2.9 in 2022 [26] - The debt ratio was approximately 0.59 as of December 31, 2023, down from 0.66 in 2022 [26] Share Placement and Capital Structure - The company raised approximately HKD 4,119,000 from the placement of 10,110,000 shares at HKD 0.42 per share, completed on May 24, 2023 [36] - The proceeds from the share placement were fully utilized to repay short-term debts [38] - The company may adjust dividend amounts or issue new shares to maintain or adjust its capital structure [27] Employee and Workforce - The total employee cost (excluding directors' remuneration) for the year ended December 31, 2023, was approximately HKD 14,176,000, down from HKD 19,363,000 in 2022, reflecting a reduction in the number of employees from 49 to 39 [48] - As of December 31, 2023, the total number of employees in the group is 39, a decrease from 49 in 2022, indicating a stable human resources structure [112] - The employee turnover rate for females is 52% in 2023, up from 30% in 2022, while for males it is 56%, an increase from 41% [121] - The group had a total of 21 employees leave in 2023, representing 54% of the total turnover rate, compared to 35% in 2022 [121] - The number of full-time employees decreased from 45 in 2022 to 35 in 2023, while the number of part-time employees remained constant at 4 [113] Environmental, Social, and Governance (ESG) - The environmental, social, and governance (ESG) report covers the group's performance in these areas for the year ending December 31, 2023 [61] - The group aims to integrate environmental and social factors into its business objectives, focusing on reducing greenhouse gas emissions and improving waste management [66] - Stakeholder engagement is crucial for defining the company's ESG strategy and setting priorities based on stakeholder feedback [68] - The company has established a dedicated ESG working group to enhance transparency and accountability in its operations [67] - The group is committed to minimizing its ecological impact and recognizes the importance of protecting the natural environment for human well-being [70] Training and Development - Total training hours provided to employees increased from 121.5 hours in 2022 to 320 hours in 2023, reflecting a significant rise [136] - The percentage of trained employees rose from 65% in 2022 to 82% in 2023 [136] - Average training hours per employee increased from 2 hours in 2022 to 8 hours in 2023 [136] - The percentage of trained female employees increased from 50% in 2022 to 53% in 2023, while trained male employees decreased from 50% to 47% [136] Corporate Governance - The company has adhered to the GEM Listing Rules and Corporate Governance Code, with a notable exception regarding the separation of the roles of Chairman and CEO, which has been maintained since December 1, 2015 [171] - The board of directors consists of six members, including three executive directors and three independent non-executive directors, ensuring a balanced governance structure [173] - The company has established a mechanism to ensure independent opinions are obtained for board decisions, with at least three independent non-executive directors on the board [183] - The independent non-executive directors have confirmed their independence annually, and the board has concluded that all meet the independence criteria set by GEM Listing Rules [182] - The board is responsible for overseeing the company's financial performance and strategic plans, including major transactions such as acquisitions and capital expenditures [180]
首都金融控股(08239) - 2023 - 年度业绩
2024-03-21 14:17
Financial Performance - The total revenue for the year ended December 31, 2023, was HKD 36,233,000, a decrease of 22% compared to HKD 46,483,000 in 2022[5] - The total loss for the year was HKD 9,196,000, compared to a loss of HKD 4,281,000 in the previous year, indicating a 115% increase in losses[6] - The company reported a loss of HKD 8,819,000 for the year ending December 31, 2023, compared to a loss of HKD 7,626,000 in the previous year, indicating an increase in losses of approximately 15.7%[13] - Total comprehensive expenses for the year amounted to HKD 15,030,000, which includes the annual loss and other comprehensive expenses[13] - The income tax expense increased to HKD 7,579,000 in 2023 from HKD 2,996,000 in 2022, reflecting a rise of 153.5%[41] - The total loss before tax was HKD 1,617,000 in 2023, compared to a loss of HKD 1,285,000 in 2022, indicating a worsening financial position[46] - The net loss attributable to shareholders for 2023 was HKD 8,819,000, compared to a loss of HKD 7,626,000 in 2022[49] Assets and Liabilities - The company's net assets decreased to HKD 89,512,000 from HKD 101,315,000, a decline of 12%[9] - Current assets dropped to HKD 183,950,000 from HKD 255,487,000, reflecting a decrease of 28%[8] - The total liabilities increased to HKD 127,570,000 from HKD 65,371,000, marking a significant rise of 95%[9] - The company's total equity, including non-controlling interests, was HKD 89,512,000 as of December 31, 2023, compared to HKD 101,315,000 at the start of the year, a decrease of approximately 11.8%[13] - The company's debt-to-equity ratio improved to approximately 2.2 as of December 31, 2023, compared to 2.9 in 2022[62] - The total liabilities amounted to approximately HKD 113,796,000 as of December 31, 2023, down from HKD 174,987,000 in 2022[60] Revenue Sources - Revenue from customer loan interest decreased to HKD 36,233,000 in 2023 from HKD 36,900,000 in 2022, representing a decline of 1.8%[37] - The company reported no revenue from external customers in Hong Kong for the year ended December 31, 2023[36] - Customer A contributed HKD 5,853,000 to the revenue in 2023, while Customer B contributed HKD 4,734,000, marking significant contributions from these clients[36] - Financial consulting income was not recognized in 2023, compared to HKD 191,000 in 2022, indicating a complete drop in this revenue stream[37] Expenses and Cost Management - Employee costs, excluding director remuneration, decreased to HKD 14,176,000 in 2023 from HKD 19,363,000 in 2022, a reduction of approximately 26.8%[39] - The actual interest expense on convertible bonds decreased significantly to HKD 15,320,000 in 2023 from HKD 25,485,000 in 2022, a decline of 39.9%[39] - Administrative and other expenses decreased from approximately HKD 35,767,000 in 2022 to about HKD 29,302,000 in 2023, primarily due to reduced employee costs[53] - The company experienced a decrease in bad debt asset settlement income, which was approximately HKD 9,392,000 in 2023, compared to previous recoveries in 2022[53] Credit and Risk Management - The expected credit loss provision decreased significantly to HKD 2,607,000 from HKD 6,081,000, representing a reduction of 57%[5] - The expected credit loss provision for customer loans was HKD 2,607,000 in 2023, down from HKD 6,081,000 in 2022, indicating improved credit quality[54] - The company has no significant contingent liabilities as of December 31, 2023[82] Shareholder and Capital Management - The company issued new shares during the year, raising HKD 4,119,000 through a placement[13] - The total amount raised from the placement of shares was approximately HKD 4,200,000, with a net amount of HKD 4,100,000 after expenses[72] - The actual net proceeds from the placement of 10,110,000 shares were approximately HKD 4,119,000, fully utilized to repay short-term debts[74] - The company’s share capital restructuring was approved on February 21, 2023, resulting in 63,091,461 issued consolidated shares[86] Future Outlook and Strategy - The company plans to explore new business opportunities and actively seek suitable potential acquisition projects in China and/or Hong Kong[59] - The company anticipates that the global economic environment will remain challenging in 2024 due to geopolitical issues and ongoing recovery from the pandemic in China and Hong Kong[59] - The company aims to enhance market competitiveness, reduce customer acquisition costs, and improve risk management[59] Compliance and Governance - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards and comply with GEM listing rules[17] - The company has complied with all provisions of the corporate governance code, except for the separation of the roles of Chairman and CEO, which is currently held by the same individual[94] - The company’s audit committee reviewed the audited consolidated financial statements for the year ended December 31, 2023, and recommended them for board approval[97] - The company’s external auditor confirmed that the financial figures in the announcement are consistent with the audited consolidated financial statements[98]
首都金融控股(08239) - 2023 Q3 - 季度财报
2023-11-14 10:08
Financial Performance - For the three months ended September 30, 2023, the company reported total revenue of HKD 4,200,000, a decrease of 37% compared to HKD 6,657,000 for the same period in 2022[4] - The net loss for the three months ended September 30, 2023, was HKD 5,662,000, compared to a profit of HKD 22,421,000 in the same period last year[5] - For the nine months ended September 30, 2023, total revenue was HKD 25,666,000, down 18% from HKD 31,215,000 in the prior year[4] - The total comprehensive loss for the three months ended September 30, 2023, was HKD 6,882,000, compared to a comprehensive income of HKD 4,065,000 in the same period last year[5] - The company reported a loss of HKD 7,030,000 for the period, contributing to a total comprehensive expense of HKD 35,312,000[9] - The company recorded a loss attributable to shareholders of approximately HKD 2,473,000 for the nine months ended September 30, 2023, a decrease from HKD 7,030,000 in the same period last year[42] Revenue and Income - For the three months ended September 30, 2023, customer loan interest income was HKD 4,200,000, a decrease of 36.7% from HKD 6,630,000 in the same period of 2022[21] - For the nine months ended September 30, 2023, customer loan interest income increased by 19.4% to HKD 25,666,000 from HKD 21,451,000 in the same period of 2022[21] - The total revenue for the three months ended September 30, 2023, was HKD 4,200,000, down from HKD 6,657,000 in the same period of 2022, reflecting a decline of 37.0%[21] - The total revenue for the nine months ended September 30, 2023, was HKD 25,666,000, compared to HKD 31,215,000 in the same period of 2022, representing a decrease of 17.8%[21] Expenses and Costs - The company recorded a financial cost of HKD 3,571,000 for the three months ended September 30, 2023, compared to HKD 5,714,000 in the same period of 2022, reflecting a decrease of 37%[4] - The company reported a significant increase in administrative and other expenses, totaling HKD 5,448,000 for the three months ended September 30, 2023, compared to HKD 6,848,000 in the same period of 2022[4] - Employee costs (excluding directors' remuneration) for the nine months ended September 30, 2023, were HKD 9,508,000, down 12.6% from HKD 10,880,000 in the same period of 2022[29] - The actual interest expenses for convertible bonds for the three months ended September 30, 2023, were HKD 3,536,000, a decrease of 37.5% compared to HKD 5,666,000 in the same period of 2022[28] - The actual interest expenses for lease liabilities for the nine months ended September 30, 2023, were HKD 120,000, a decrease from HKD 151,000 in the same period of 2022[28] Equity and Liabilities - The company’s total equity attributable to owners as of September 30, 2023, was HKD 56,393,000, a decrease from HKD 60,250,000 at the beginning of the year[7] - The group’s total liabilities related to bonds and convertible bonds were approximately HKD 288,598,000 as of the reporting date[27] - The company’s accumulated losses reached HKD 1,094,230,000, indicating ongoing challenges in profitability[9] Strategic Focus and Future Outlook - The company has indicated a focus on improving operational efficiency and exploring new market opportunities in the upcoming quarters[4] - The company anticipates a challenging global economic environment due to ongoing inflation and geopolitical tensions, particularly in relation to the US-China political situation[43] - The company plans to maintain market competitiveness and seek long-term business development and profit growth opportunities, focusing on diversifying revenue sources[43] Share Capital and Securities - The company completed a share capital reorganization on February 23, 2023, reducing the par value of shares from HKD 1.0 to HKD 0.01, which aims to provide greater flexibility for future fundraising activities[48] - The company raised approximately HKD 4,200,000 from the placement of 10,110,000 shares at HKD 0.42 per share, with net proceeds of about HKD 4,100,000 after expenses[51] - As of September 30, 2023, the company has a total of 78,201,461 shares issued, with key shareholders holding significant stakes, including Mr. Meng Chang Le with 16.62% (13,000,000 shares) and Mr. Zhang Wei with 8.01% (6,268,896 shares)[55] Compliance and Governance - The audit committee reviewed the unaudited condensed consolidated financial statements, confirming compliance with applicable accounting standards and sufficient disclosure[64] - The company has adopted a code of conduct for directors' securities transactions, ensuring compliance with GEM listing rules[61] - The company has not engaged in any arrangements allowing directors or executives to benefit from purchasing shares or debt securities during the reporting period[57]
首都金融控股(08239) - 2023 Q3 - 季度业绩
2023-11-09 11:04
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佈之內容概不負責,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佈全部或任何部分內容而產生或因 依賴該等內容而引致之任何損失承擔任何責任。 Capital Finance Holdings Limited 首都金融控股有限公司 (於開曼群島註冊成立及於百慕達存續之有限公司) 8239 ( 股份代號: ) 第三季業績公佈 截至二零二三年九月三十日止九個月 GEM 香港聯合交易所有限公司(「聯交所」) 之特色 GEM 之定位,乃為相比起其他於聯交所上市之公司帶有較高投資風險之中小型公司提供一個 上市之市場。有意投資之人士應了解投資於該等公司之潛在風險,並應經過審慎周詳之考慮 後方作出投資決定。 GEM GEM 由於在 上市之公司通常為中小型公司,在 買賣之證券可能會較於主板買賣之證券 GEM 承受較大之市場波動風險,同時無法保證在 買賣之證券會有高流通量之市場。 GEM GEM 本公佈乃遵照聯交所 證券上市規則(「 上市規則」)之規定提供有關首都金融控股有 ...
首都金融控股(08239) - 2023 - 中期财报
2023-08-14 08:33
Financial Performance - Total revenue for the six months ended June 30, 2023, was HKD 21,466,000, a decrease of 12.6% compared to HKD 24,558,000 for the same period in 2022[4]. - The net profit for the three months ended June 30, 2023, was HKD 4,973,000, compared to a profit of HKD 899,000 for the same period in 2022, representing a significant increase[5]. - The company reported a total comprehensive loss of HKD 9,138,000 for the three months ended June 30, 2023, compared to a loss of HKD 16,086,000 for the same period in 2022[5]. - The company reported a profit attributable to shareholders of approximately HKD 2,822,000, a turnaround from a loss of HKD 28,893,000 in the previous year[70]. - The company recorded a significant increase in other income and net gains of approximately HKD 4,485,000, up by about HKD 3,878,000 from HKD 607,000 in the previous year[68]. Assets and Liabilities - Total assets as of June 30, 2023, were HKD 220,569,000, down from HKD 255,487,000 as of December 31, 2022, indicating a decrease of 13.6%[7]. - The company's cash and cash equivalents decreased to HKD 78,503,000 from HKD 105,158,000, reflecting a decline of 25.4%[7]. - The total amount of customer loans as of June 30, 2023, was HKD 238,231,000, a decrease of 7.9% from HKD 258,619,000 at the end of 2022[41]. - The company's other debts amounted to approximately HKD 135,880,000, down from approximately HKD 174,987,000 as of December 31, 2022[78]. - The company reported a decrease in current liabilities from HKD 50,588,000 at the end of 2022 to HKD 30,233,000 as of June 30, 2023[61]. Cash Flow - For the six months ended June 30, 2023, the net cash generated from operating activities was HKD 9,939,000, a decrease of 13.7% from HKD 11,511,000 in the same period of 2022[11]. - The net cash used in financing activities for the six months ended June 30, 2023, was HKD 35,508,000, compared to HKD 8,512,000 in the same period of 2022, indicating a significant increase in cash outflow[11]. - The cash generated from investing activities for the six months ended June 30, 2023, was HKD 2,375,000, a decrease of 80.2% from HKD 11,948,000 in the same period of 2022[11]. Credit Loss and Provisions - The expected credit loss provision for the six months ended June 30, 2023, was HKD 7,452,000, compared to a reversal of HKD 7,380,000 for the same period in 2022[4]. - As of June 30, 2023, the expected credit loss provision for customer loans was HKD 97,812,000, down from HKD 109,964,000 at the end of 2022, representing a decrease of approximately 11%[45]. - The expected credit loss provision accounted for about 41.1% of the total outstanding customer loans as of June 30, 2023, compared to 42.5% as of December 31, 2022[45]. Share Capital and Equity - The company's total issued share capital increased to HKD 782,000 from HKD 58,091,000 at the beginning of the year[8]. - The company issued new shares during the period, raising HKD 4,119,000 through a placement[8]. - The total number of issued shares increased to 100,000,000,000 with a par value of HKD 0.01 per share as of June 30, 2023[62]. - The company confirmed the transfer of approximately HKD 4,141,000 from the convertible bond reserve to accumulated losses[53]. Expenses and Costs - The financial costs for the six months ended June 30, 2023, were HKD 8,631,000, down from HKD 14,505,000 for the same period in 2022, indicating a reduction of 40.5%[4]. - Employee costs (excluding directors' remuneration) for the six months ended June 30, 2023, were HKD 7,081,000, a decrease of 9.3% compared to HKD 7,810,000 in the same period of 2022[24]. - Administrative and other expenses decreased by approximately HKD 2,801,000 to about HKD 15,122,000, down from HKD 17,923,000 in the previous year[69]. Corporate Governance and Compliance - The audit committee reviewed the unaudited condensed consolidated financial statements, confirming compliance with applicable accounting standards and GEM listing rules[112]. - The company is committed to improving corporate governance practices and has adhered to the GEM listing rules, with some deviations noted[110]. - The company has adopted a standard code of conduct for directors regarding securities trading, ensuring compliance during the interim period[105]. Future Outlook and Strategy - The company aims to maintain market competitiveness and seek long-term business development and profit growth opportunities amid ongoing economic challenges[72]. - The company plans to adopt flexible marketing strategies to remain competitive in the short-term financing business and explore new opportunities to diversify revenue sources[72]. - The company anticipates positive impacts on its business due to the relaxation of COVID-19 restrictions and the reopening of borders in early 2023[72].
首都金融控股(08239) - 2023 - 中期业绩
2023-08-11 12:54
香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈的內容概不負責,對其準確 性或完整性亦不發表任何聲明,並明確表示概不就因本公佈全部或任何部分內容而產生或因 依賴該等內容而引致的任何損失承擔任何責任。 Capital Finance Holdings Limited 首都金融控股有限公司 (於開曼群島註冊成立及於百慕達存續之有限公司) 8239 ( 股份代號: ) 中期業績公佈 截至二零二三年六月三十日止六個月 GEM 香港聯合交易所有限公司(「聯交所」) 之特色 GEM 之定位,乃為相比起其他於聯交所上市之公司帶有較高投資風險之中小型公司提供一個 上市之市場。有意投資之人士應了解投資於該等公司之潛在風險,並應經過審慎周詳之考慮 後方作出投資決定。 GEM GEM 由於 上市公司一般為中小型公司,在 買賣之證券可能會較於主板買賣之證券承受 GEM 較大之市場波動風險,同時無法保證在 買賣之證券會有高流通量之市場。 GEM GEM ...
首都金融控股(08239) - 2023 Q1 - 季度财报
2023-05-18 08:33
Financial Performance - The company reported total revenue of HKD 6,954,000 for the three months ended March 31, 2023, a decrease of 13.1% compared to HKD 8,007,000 in the same period of 2022[4]. - Other income and gains for the period were HKD 81,000, down from HKD 699,000 year-on-year[4]. - Administrative and other expenses decreased to HKD 6,467,000 from HKD 8,714,000, reflecting a reduction of 25.7%[4]. - The expected credit loss provision was reversed by HKD 5,095,000, compared to a provision of HKD 11,228,000 in the previous year[4]. - The company recorded a loss before tax of HKD 1,350,000, significantly improved from a loss of HKD 25,273,000 in the prior year[5]. - Basic and diluted loss per share for the period was HKD 3.37, compared to HKD 50.59 in the same period last year[4]. - Total comprehensive income for the period was HKD 1,157,000, a recovery from a comprehensive loss of HKD 22,715,000 in the previous year[5]. - The company reported a loss of HKD 25,593,000 for the three months ended March 31, 2022, compared to a loss of HKD 1,064,921,000 in the previous period[9]. - Total comprehensive income for the period was HKD 2,558,000, which includes other comprehensive income of HKD 2,242,000[9]. - The loss attributable to owners of the company was HKD 2,067,000 in Q1 2023, significantly improved from a loss of HKD 25,593,000 in Q1 2022[28]. Equity and Capital Structure - The company’s total equity attributable to owners increased to HKD 65,076,000 as of March 31, 2023, from HKD 60,250,000 at the beginning of the year[7]. - As of March 31, 2022, the total equity amounted to HKD 94,904,000, with non-controlling interests of HKD 43,498,000[9]. - The company’s issued share capital remained at HKD 50,591,000, with share premium at HKD 686,153,000[9]. - The company completed a capital restructuring approved by shareholders on February 21, 2023, resulting in 63,091,461 issued consolidated shares, while the authorized share capital remains HKD 1,000,000,000[38]. - The new conversion price for the 2022 convertible bonds is adjusted to HKD 1.0 per share, with 48,334,000 new shares to be issued upon full conversion[39]. - As of April 13, 2023, HKD 5,000,000 of the 2022 convertible bonds was converted into 5,000,000 new ordinary shares at a conversion price of HKD 1.0 per share[40]. - On May 5, 2023, the company entered into a placement agreement to issue up to 10,110,000 shares at a price of HKD 0.42 per share, potentially raising approximately HKD 4,200,000[41]. - The net proceeds from the placement are estimated to be around HKD 4,100,000 after deducting related expenses, intended for repaying short-term debts and general working capital[41]. Operational Focus and Strategy - The company is focused on reducing operational costs and improving financial performance in the upcoming quarters[4]. - The company plans to continue seeking long-term business development and profit growth opportunities while maintaining market competitiveness[33]. - The company will continue to explore new business opportunities to diversify revenue sources and optimize resource utilization[33]. - The economic environment remains challenging due to ongoing inflation and geopolitical tensions, but signs of improvement are noted in the Chinese economy[33]. - The company has not adopted any new or revised Hong Kong Financial Reporting Standards that would significantly impact its financial performance[14]. Shareholder and Management Information - As of March 31, 2023, major shareholders include Exuberant Global Limited with 132,835,000 shares (210.54% of issued shares) and Bustling Capital Limited with 38,834,000 shares (61.55% of issued shares)[46]. - The company’s directors and key executives hold approximately 15.84% of the total issued shares, with Mr. Zhang Wei holding 10.09% and Ms. Li Wei holding 5.75%[43]. - The company has not engaged in any arrangements allowing directors or executives to benefit from purchasing its shares or debt securities during the reporting period[45]. - No competitive business activities were conducted by the company's directors or major shareholders during the period[49]. - The company did not purchase, sell, or redeem any of its listed securities during the period[50]. Audit and Compliance - The financial statements were prepared in accordance with the Hong Kong Companies Ordinance and GEM Listing Rules[11]. - The financial results have not been audited but were reviewed by the company's audit committee[13]. - The audit committee reviewed the unaudited condensed consolidated financial statements, confirming compliance with applicable accounting standards and GEM listing rules[52].
首都金融控股(08239) - 2023 Q1 - 季度业绩
2023-05-12 12:20
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佈的內容概不負責,對其準確性或完整 性亦不發表任何聲明,並明確表示概不就因本公佈全部或任何部分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。 Capital Finance Holdings Limited 首都金融控股有限公司 (於開曼群島註冊成立及於百慕達存續之有限公司) (股份代號:8239) 第一季業績公佈 截至二零二三年三月三十一日止三個月 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM乃為較聯交所上市之其他公司可能帶有較高投資風險之中小型公司而設之市場。 有意投資之人士應瞭解投資於該等公司之潛在風險,並應經過審慎周詳之考慮後方 作出投資決定。 由於GEM上市公司一般為中小型公司,在GEM買賣之證券可能會較於主板買賣之證 券承受較大之市場波動風險,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佈的內容概不負責,對其準確性或完整 性亦不發表任何聲明,並明確表示概不就因本公佈全部或任何部分內容而產生或因 依賴該等內容而引致的任何損失承擔任何責任。 ...
首都金融控股(08239) - 2022 - 年度财报
2023-03-30 08:49
Economic Challenges and Adaptation - The company faced significant challenges in 2022 due to global economic instability, including geopolitical tensions and the COVID-19 pandemic, which impacted local economic activities[9]. - Despite these challenges, the company maintained high service levels and adapted to changing market conditions by optimizing its business model and enhancing risk management capabilities[10]. - Future outlook indicates that the global economic environment will remain challenging, but signs of improvement in the domestic economy are expected following the easing of COVID-19 restrictions[11]. - The company acknowledges the potential impact of unforeseen changes on its business outlook and is prepared to adapt accordingly[11]. Financial Performance - For the year ended December 31, 2022, the group recorded total revenue of approximately HKD 46,483,000, a slight increase of about HKD 1,107,000 compared to HKD 45,376,000 in 2021[17]. - The group experienced an increase in bad debt asset settlement income of approximately HKD 9,278,000, while interest income from short-term financing services decreased by approximately HKD 7,631,000 due to adverse macroeconomic conditions in China[17]. - Other income and net gains/losses for the year ended December 31, 2022, amounted to approximately HKD 9,097,000, a significant increase of about HKD 6,114,000 compared to HKD 2,983,000 in 2021[18]. - The expected credit loss provision for customer loans was approximately HKD 6,081,000 for the year ended December 31, 2022, compared to a reversal of approximately HKD 25,642,000 in 2021, primarily due to the impact of the COVID-19 pandemic and slowing economic growth in China[19]. - The group recorded a loss attributable to owners of approximately HKD 7,626,000 for the year ended December 31, 2022, a decrease from HKD 19,017,000 in 2021[25]. - The group recognized a one-time gain of approximately HKD 26,944,000 from the termination of certain bond liabilities for the year ended December 31, 2022, with no such gain recorded in the previous year[23]. Operational Strategies - The company plans to continue focusing on cost reduction and budget management to improve operational efficiency and profitability[10]. - The company aims to diversify its revenue sources and explore new business opportunities to enhance financial performance[11]. - The company is committed to maintaining market competitiveness and pursuing long-term business development and profit growth opportunities[11]. - The company will implement flexible marketing strategies to stay ahead in the competitive short-term financing market[11]. Debt and Liquidity Management - The company plans to maintain market competitiveness and seek long-term business development opportunities despite ongoing economic and geopolitical challenges[27]. - The company will continue to monitor cash flow and debt status to manage liquidity risks effectively[30]. - The company has issued zero-coupon convertible bonds totaling HKD 99,840,000 and HKD 185,400,000, maturing in December 2023 and August 2024, respectively[35]. - The company plans to issue new convertible bonds in 2022 and 2023, with an expected total of 1,996,800,000 shares to be issued at an initial conversion price of HKD 0.05 per share for the 2022 bonds and 3,708,000,000 shares for the 2023 bonds[38][41]. Environmental and Social Responsibility - The company emphasizes its commitment to environmental and social responsibilities as part of its operational strategy[63]. - The company aims to reduce greenhouse gas emissions and improve waste management as part of its environmental goals[64]. - The total greenhouse gas emissions for the year ending December 31, 2022, were 68 tons, a decrease from 88 tons in 2021, resulting in a greenhouse gas density of 1.40 tons per employee compared to 1.34 tons per employee in 2021[73]. - The company has implemented multiple energy-saving policies to reduce electricity consumption, including encouraging employees to turn off lights and maintain clean lighting fixtures[77]. - The company aims to minimize paper usage by adopting the "3R" principle: Reduce, Reuse, and Recycle, promoting a paperless office environment[78]. Employee Management and Development - The total number of employees as of December 31, 2022, is 49, a decrease from 66 in 2021[110]. - Employee turnover rate for females is 30% in 2022, up from 6% in 2021, while for males it is 41%, up from 17%[118]. - The total number of employees who left the company in 2022 is 17, representing a turnover rate of 35%, compared to 11% in 2021[118]. - The company emphasizes employee well-being and development, ensuring high standards of service responsibility[105]. - Total training hours provided to employees decreased from 448.5 hours in 2021 to 121.5 hours in 2022[133]. Corporate Governance - The company has maintained compliance with all provisions of the Corporate Governance Code, except for the separation of roles between the Chairman and the CEO, which is currently held by the same individual since December 2015[167]. - The board consists of five directors, including two executive directors and three independent non-executive directors, ensuring a diverse governance structure[169]. - The company is committed to continuous improvement of its corporate governance practices to enhance stakeholder interests and asset protection[166]. - The independent non-executive directors provide valuable insights on strategy and significant matters, contributing to constructive board operations[174]. - The company has established a standard code of conduct for directors regarding securities trading, ensuring compliance with GEM Listing Rules[168].
首都金融控股(08239) - 2022 - 年度业绩
2023-03-21 14:54
香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責,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佈全部或任何部分內容而產生或因 依賴該等內容而引致之任何損失承擔任何責任。 Capital Finance Holdings Limited 首都金融控股有限公司 (於開曼群島註冊成立及於百慕達存續之有限公司) (股份代號:8239) 全年業績公佈 截至二零二二年十二月三十一日止年度 香港聯合交易所有限公司(「聯交所」)GEM之特色 GEM乃為較聯交所上市之其他公司可能帶有較高投資風險之中小型公司而設 之市場。有意投資之人士應瞭解投資於該等公司之潛在風險,並僅應經過審慎 周詳之考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司,在GEM買賣之證券可能會較於主板買 賣之證券承受較大之市場波動風險,同時無法保證在GEM買賣之證券會有高 流通量之市場。 本公佈乃遵照聯交所GEM證券上巿規則(「GEM上巿規則」)之規定提供有關首 都金融控股有限公司(「本公司」)之資料。本公司董事(「董事」)願共同及個別 對此負全責。董事經作出一切合理查詢後確認,就彼等所深知及確信:(1)本公 ...