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伟仕佳杰(00856) - 2023 - 中期业绩
00856VSTECS(00856)2023-08-24 08:30

Financial Performance - Revenue for the six months ended June 30, 2023, was HK34,032,326,adecreaseof10.734,032,326, a decrease of 10.7% compared to HK38,066,133 in 2022[4] - Gross profit increased slightly to HK1,794,476,up1.21,794,476, up 1.2% from HK1,773,588 in the previous year[4] - Operating profit rose to HK755,428,reflectinganincreaseof7.8755,428, reflecting an increase of 7.8% from HK700,746 in 2022[4] - Profit for the period was HK502,083,amarginaldecreasefromHK502,083, a marginal decrease from HK502,604 in the same period last year[4] - Basic and diluted earnings per share remained stable at 35.61 cents, compared to 35.44 cents in 2022[4] - Total comprehensive income for the period was HK187,381,significantlyhigherthanHK187,381, significantly higher than HK60,647 in 2022[8] Assets and Liabilities - Total assets decreased to HK31,106,588fromHK31,106,588 from HK34,766,606 as of December 31, 2022, representing a decline of 10.3%[10] - Total equity decreased to HK7,585,443fromHK7,585,443 from HK7,657,778, a reduction of 0.9%[10] - Current liabilities decreased to HK21,958,957fromHK21,958,957 from HK25,505,265, a decrease of 13.9%[10] - Cash and bank balances decreased to HK3,331,112fromHK3,331,112 from HK3,828,930, a decline of 13.0%[10] - Trade receivables as of 30 June 2023 totaled HK13,210,354,000,comparedtoHK13,210,354,000, compared to HK13,070,678,000 as of 31 December 2022[43] - Total borrowings amounted to approximately HK8,073,211,000asofJune30,2023,downfromHK8,073,211,000 as of June 30, 2023, down from HK8,422,683,000 as of December 31, 2022[53] - The net debt to total assets ratio was 0.15 as of June 30, 2023, compared to 0.13 as of December 31, 2022[53] - The Group had total current assets of approximately HK29,025,042,000andtotalcurrentliabilitiesofapproximatelyHK29,025,042,000 and total current liabilities of approximately HK21,958,957,000, resulting in a current ratio of approximately 1.32 times[53] Segment Performance - Total segment revenue for the six months ended June 30, 2023, was HK38,066,133,anincreasefromHK38,066,133, an increase from HK34,032,326 for the same period in 2022[26][33] - Segment results for the six months ended June 30, 2023, were HK706,425,comparedtoHK706,425, compared to HK777,095 for the same period in 2022, indicating a decrease of approximately 9.1%[27][33] - The consumer electronics segment generated revenue of HK16,113,234,whiletheenterprisesystemsandcloudcomputingsegmentsgeneratedHK16,113,234, while the enterprise systems and cloud computing segments generated HK20,497,396 and HK1,455,503,respectively[26][33]−Revenuefromtheconsumerelectronicssegmentforthesixmonthsended30June2023wasapproximatelyHK1,455,503, respectively[26][33] - Revenue from the consumer electronics segment for the six months ended 30 June 2023 was approximately HK14,700,866, down 8.7% from HK16,113,234in2022[49]−Revenuefromtheenterprisesystemssegmentforthesixmonthsended30June2023wasapproximatelyHK16,113,234 in 2022[49] - Revenue from the enterprise systems segment for the six months ended 30 June 2023 was approximately HK18,124,038, a decline of 11.6% from HK20,497,396in2022[49]CorporateGovernance−Thecompanyhasnotappliedanynewstandardsorinterpretationsthatarenotyeteffectiveforthecurrentaccountingperiod,indicatingstabilityinaccountingpractices[17][20]−Thecompany’sauditorreportedunqualifiedopinionsonthestatutoryannualconsolidatedfinancialstatementsfortheyearendedDecember31,2022[16][19]−TheinterimfinancialreportwasauthorizedforpublicationonAugust24,2023,ensuringtimelydisclosureoffinancialperformance[18]−TheAuditCommitteereviewedtheunauditedresultsforthesixmonthsendedJune30,2023,andconfirmedcompliancewithapplicableaccountingstandardsandadequatedisclosures[67]−TheRemunerationCommitteeisresponsibleforreviewingandapprovingmanagement′sremunerationproposalsandensuringnodirectorisinvolvedindecidingtheirownremuneration[68]−TheNominationCommitteeistaskedwithreviewingtheboard′sstructureandcompositionannuallyandmakingrecommendationsforchangestoalignwithcorporatestrategy[72]−AsofAugust24,2023,theBoardcomprisesfiveexecutivedirectors,onenon−executivedirector,andthreeindependentnon−executivedirectors[73]EmployeeandRemuneration−TheGroupemployed4,400full−timeemployeesasofJune30,2023,anincreasefrom4,368employeesasofJune30,2022[54]−RemunerationforthesixmonthsendedJune30,2023,wasapproximatelyHK20,497,396 in 2022[49] Corporate Governance - The company has not applied any new standards or interpretations that are not yet effective for the current accounting period, indicating stability in accounting practices[17][20] - The company’s auditor reported unqualified opinions on the statutory annual consolidated financial statements for the year ended December 31, 2022[16][19] - The interim financial report was authorized for publication on August 24, 2023, ensuring timely disclosure of financial performance[18] - The Audit Committee reviewed the unaudited results for the six months ended June 30, 2023, and confirmed compliance with applicable accounting standards and adequate disclosures[67] - The Remuneration Committee is responsible for reviewing and approving management's remuneration proposals and ensuring no director is involved in deciding their own remuneration[68] - The Nomination Committee is tasked with reviewing the board's structure and composition annually and making recommendations for changes to align with corporate strategy[72] - As of August 24, 2023, the Board comprises five executive directors, one non-executive director, and three independent non-executive directors[73] Employee and Remuneration - The Group employed 4,400 full-time employees as of June 30, 2023, an increase from 4,368 employees as of June 30, 2022[54] - Remuneration for the six months ended June 30, 2023, was approximately HK561,651,000, slightly up from HK561,572,000forthesameperiodin2022[54]ShareholderActions−TheCompanyrepurchased1,040,000ordinarysharesinJune2023atanaggregatepriceofHK561,572,000 for the same period in 2022[54] Shareholder Actions - The Company repurchased 1,040,000 ordinary shares in June 2023 at an aggregate price of HK4,160,660[60] - The Company also acquired 3,074,000 ordinary shares for employment compensation at a total cash consideration of approximately HK$12,637,000 during the six months ended June 30, 2023[62] - The Directors do not recommend the payment of any interim dividend for the six months ended June 30, 2023[64] - The Company did not recommend any interim dividend for the six months ended June 30, 2023, compared to none in 2022[66] Future Outlook - The Group plans to continue executing strategies to increase market share and expand the range of products and services offered[50] - The Group will continue to execute strategies to increase market share and diversify its product and service offerings[52]