Workflow
邝文记(08023) - 2026 - 中期财报
2025-12-01 08:42
(Incorporated in the Cayman Islands with limited liability) Stock Code ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) 股 份 代 號 : 8023 INTERIM REPORT 中期報告 2025/26 鄺文記集團有限公司 中期報告 2025/26 CHARACTERISTICS OF GEM OF THE STOCK EXCHANGE OF HONG KONG LIMITED (THE "STOCK EXCHANGE") GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of ...
德昌电机控股(00179) - 2026 - 中期财报
2025-12-01 08:41
Financial Performance - Total revenue for Johnson Electric Holdings Limited was $1,833 million, a decrease of 1% compared to the same period last year[8]. - Gross profit amounted to $441 million, representing 24.0% of total revenue, up from 23.6% in the previous year[8]. - Adjusted EBITDA was $159 million, or 8.7% of total revenue, down from 9.5% in the previous year[8]. - Net profit attributable to shareholders increased by 3% to $133 million, or $0.1421 per share[8]. - Basic net profit decreased by 8% to $123 million after excluding unrealized gains or losses related to exchange rate fluctuations and restructuring costs[8]. - Free cash flow from operations was $174 million, compared to $144 million in the previous year[8]. - For the first half of the 25/26 fiscal year, total revenue decreased by $20.7 million or 1% to $1,833.5 million compared to the previous year[24]. - Adjusted EBITDA margin decreased from 9.5% to 8.7%, with adjusted EBITDA of $158.7 million for the first half of the fiscal year[23]. - For the six months ended September 30, 2025, the company reported revenue of $1,833,483 thousand, a decrease of 1.1% compared to $1,854,168 thousand for the same period in 2024[116]. - The operating profit was $156,235 thousand, down from $157,854 thousand, reflecting a decrease of 1.0% year-over-year[116]. - Net profit attributable to shareholders for the period was $133,263 thousand, an increase of 2.0% from $129,613 thousand in the previous year[116]. - Basic earnings per share for the period was 14.40 cents, compared to 14.05 cents for the same period last year, showing a growth of 2.5%[116]. Segment Performance - The automotive products segment accounted for 84% of total revenue, with a revenue decline of 3% at constant exchange rates[10]. - The industrial products segment represented 16% of total revenue, with stable sales compared to the previous year[13]. - Automotive product segment revenue decreased by 3% to $1,542 million, maintaining an 84% share of total revenue[28]. - For the industrial products segment, revenue remained flat compared to the first half of the 24/25 fiscal year, accounting for 16% of total group revenue[33]. - The industrial products segment saw a 5% revenue decline in the Asia-Pacific region, attributed to intense price competition[37]. - In Europe, the industrial products segment experienced a 7% revenue increase due to replenishment orders and new product launches[37]. - In the Americas, the industrial products segment's revenue decreased by 3%, mainly due to weak customer demand and the end of life cycle for certain projects[37]. Cash Flow and Liquidity - Free cash flow from operations rose from $144 million to $174 million, driven by a decline in working capital, which outweighed the increase in capital expenditures[16]. - The company maintains a strong financial position with net cash of $572.8 million as of September 30, 2025[23]. - Cash and cash equivalents increased by $141.9 million to $932.5 million as of September 30, 2025, compared to $790.6 million on March 31, 2025[62]. - Operating cash flow for the six months ended September 30, 2025, was $317,906 thousand, compared to $262,094 thousand in 2024, representing a 21.3% increase[123]. - Net cash from operating activities increased to $290,001 thousand in 2025 from $222,780 thousand in 2024, reflecting a growth of 30.2%[125]. Debt and Financing - As of September 30, 2025, the total debt-to-capital ratio was 11%, with cash reserves of $932 million[8]. - The company's total debt-to-capital ratio remains stable at 11%, with cash reserves of $932 million as of September 30, 2025[17]. - The total loan amount as of September 30, 2025, was $359,683 thousand, slightly up from $359,335 thousand on March 31, 2025, indicating a marginal increase of 0.1%[169]. - The company secured a $400 million financing agreement in August 2023, which includes $200 million in term loan financing and $200 million in revolving credit financing[170]. Shareholder Returns - The board declared an interim dividend of HKD 0.17 per share, equivalent to USD 0.0218, to be distributed on January 6, 2026[18]. - The company announced an interim dividend of HKD 0.17 per share, equivalent to USD 0.0218, to be paid on January 6, 2026[109]. - The company distributed cash dividends amounting to $52.086 million for the fiscal year 2023/24, reflecting its commitment to returning value to shareholders[121]. Governance and Compliance - The company continues to comply with corporate governance standards as outlined in its annual report[91]. - The board of directors remains unchanged except for the resignation of a non-executive director on July 17, 2025[94]. - The company has complied with the standard code of conduct as per the listing rules, confirming adherence for the six months ending September 30, 2025[96]. - The interim performance report for the six months ending September 30, 2025, has been reviewed by the audit committee and the company's auditor[97]. Market and Economic Conditions - The company expects moderate revenue growth in the second half of the fiscal year, despite uncertainties in the macroeconomic outlook[19]. - In the Asia-Pacific region, revenue decreased by 6%, primarily due to a decline in demand for non-local automotive brands and pricing measures to maintain competitiveness[32]. - Revenue in Europe, the Middle East, and Africa slightly decreased by 1%, with declines in cooling management and closure systems offset by growth in brake systems and oil pumps[32]. - In the Americas, revenue also slightly decreased by 1%, driven by weak demand from several customers, although this was offset by growth in powder metal components and cooling management products[32]. Asset Management - Inventory increased by $63.9 million to $595.7 million as of September 30, 2025, with inventory days rising to 78 days from 67 days[49]. - Accounts receivable remained stable at $816.9 million, with days sales outstanding decreasing to 68 days from 70 days[51]. - Accounts payable increased by $75.2 million to $807.1 million, with days payable outstanding rising to 100 days from 86 days[53]. - The company reported a total of $36,554 thousand in other non-current assets as of September 30, 2025, an increase from $26,961 thousand as of March 31, 2025[142]. Risks and Hedging - The company faces commodity price risk primarily from fluctuations in copper, steel, silver, and aluminum prices, which can be managed through appropriate contract terms[88]. - The company has implemented cash flow hedging contracts to mitigate copper price risk where feasible[89]. - The company reported a fair value change of $22.9 million in derivative instruments designated as cash flow hedges during the period[150]. - The net gain from commodity and foreign exchange contracts recognized in the income statement for the first half of the fiscal year 25/26 was $14.6 million, compared to $15.6 million for the same period in the previous fiscal year[154]. Employee Compensation and Share Plans - The total remuneration for directors was $5,180 thousand for the six months ended September 30, 2025, compared to $3,297 thousand in 2024, reflecting a significant increase of 57%[199]. - Senior management compensation totaled $9,359 thousand for the same period, up from $5,689 thousand in 2024, marking a rise of 64%[199]. - The company approved a new restricted and performance-linked share unit plan on July 13, 2023, replacing the previous plan from July 9, 2015, to enhance employee incentives[179]. - The total number of unvested shares granted under the share unit plan is 16,951,000, representing 1.81% of the issued shares[105].
莹岚集团(01162) - 2026 - 中期财报
2025-12-01 08:34
Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 27,245,000, a 91.5% increase from HKD 14,243,000 in the same period of 2024[7] - Gross profit for the same period was HKD 6,739,000, compared to HKD 1,960,000 in 2024, reflecting a significant improvement[7] - The net loss for the period was HKD 1,940,000, a reduction from a net loss of HKD 7,790,000 in the previous year, indicating improved financial performance[7] - Basic loss per share improved to HKD 0.29 from HKD 0.43 year-over-year[8] - The group reported a total segment profit of HKD 6,265,000 for the six months ended September 30, 2025, compared to a loss in the previous year[21] - The segment profit (loss) for the fire safety systems division was HKD 724,000, compared to a loss of HKD 1,175,000 in the previous year, indicating a turnaround in performance[22] - The net loss attributable to the company's owners decreased by approximately 31.3% from about HKD 2.6 million to about HKD 1.8 million, primarily due to increased gross profit from fire safety system installation and maintenance services[52] Assets and Liabilities - Total assets as of September 30, 2025, were HKD 70,779,000, up from HKD 67,757,000 as of March 31, 2025[9] - Current liabilities increased to HKD 11,624,000 from HKD 6,814,000, indicating a rise in short-term obligations[9] - The company’s total equity as of September 30, 2025, was HKD 61,111,000, down from HKD 63,259,000 as of March 31, 2025[9] - Trade payables increased significantly to HKD 7,974,000 as of September 30, 2025, compared to HKD 3,027,000 as of March 31, 2025, indicating a rise in liabilities[36] Cash Flow and Liquidity - Cash and cash equivalents rose to HKD 22,473,000 from HKD 18,956,000, showing improved liquidity[9] - Net cash generated from operating activities for the six months ended September 30, 2025, was HKD 4,488,000, a significant increase from HKD 583,000 in the same period of 2024[11] - Cash and cash equivalents at the end of the period increased to HKD 22,473,000 from HKD 18,208,000 in 2024[11] - The group’s total cash flow increased by HKD 3,726,000, contrasting with a decrease of HKD 4,724,000 in the same period of 2024[11] - The net cash used in investing activities was HKD 25,000, a significant improvement from a cash outflow of HKD 3,818,000 in 2024[11] - The group’s cash flow from financing activities showed a reduced outflow of HKD 787,000 compared to HKD 1,489,000 in the previous year[11] Revenue Sources - Revenue from fire safety system installation services reached HKD 23,483,000, up 131.5% from HKD 10,168,000 in 2024[19] - Total revenue for the six months ended September 30, 2025, was HKD 27,245,000, compared to HKD 14,243,000 in 2024, representing an increase of 91.5%[19] - Revenue increased by approximately 91.3% from about HKD 14.2 million for the six months ended September 30, 2024, to about HKD 27.2 million for the six months ended September 30, 2025[45] Expenses - Total employee costs increased to HKD 6,818,000 in 2025 from HKD 6,689,000 in 2024, reflecting a rise of approximately 1.9%[28] - Administrative expenses decreased by approximately 3.6% from about HKD 10.1 million to about HKD 9.7 million due to overall operational cost savings[50] - Direct costs increased by approximately 66.9% from about HKD 12.3 million to about HKD 20.5 million, consistent with the revenue growth[46] Corporate Governance and Compliance - The company has complied with the corporate governance code, except for the separation of roles between the chairman and CEO, which the board believes is in the best interest of the group[71] - All directors have confirmed compliance with the trading standards and the company's code of conduct during the reporting period[72] - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited consolidated financial statements for the six months ending September 30, 2025[74] - The audit committee believes that the financial statements have been prepared in accordance with applicable accounting standards and regulations[74] Future Outlook - The company is optimistic about the long-term prospects of the local construction and fire safety market following the government's revised fire safety regulations effective December 13, 2024[44] - The company is exploring opportunities in the cultural and entertainment sectors in China to expand revenue sources[43] Share Capital and Equity - As of September 30, 2025, the company's issued share capital is HKD 6,000,000, consisting of 600,000,000 ordinary shares with a par value of HKD 0.01 each[58] - The company has no interest-bearing bank borrowings or other borrowings as of September 30, 2025[54] - The company's capital structure has remained unchanged since its successful transfer from GEM to the main board on April 20, 2020[58] Miscellaneous - The company did not declare an interim dividend for the six months ended September 30, 2025, consistent with the previous year[31] - The company has no significant investments or future plans for major acquisitions or capital assets as of the mid-report date[59] - The company has no major acquisitions or disposals of subsidiaries during the six months ended September 30, 2025[60] - The company has provided performance guarantees of approximately HKD 5.1 million as of September 30, 2025, to ensure compliance with contractual obligations[61] - The company has no significant foreign exchange risk exposure and has not established any hedging policies for foreign currency risks as of September 30, 2025[57] - The company has approximately HKD 5.1 million in bank deposits pledged as collateral for bank financing as of September 30, 2025[56] - The company employs a total of 46 employees as of September 30, 2025, unchanged from March 31, 2025[62] - There have been no arrangements made for directors to benefit from purchasing shares or debentures of the company or any other corporate entity during the six months ending September 30, 2025[68] - The company is not aware of any business or interests of directors or major shareholders that may compete with the group's business during the six months ending September 30, 2025[69] - The company and its subsidiaries have not purchased, sold, or redeemed any of the company's listed securities during the six months ending September 30, 2025[70] - The board consists of three executive directors and three independent non-executive directors as of the report date[76]
环科国际(00657) - 2026 - 中期财报
2025-12-01 08:32
股份代號 : 657 G-Vision International (Holdings) Limited 環科國際集團有限公 司 中期報告 2025/26 環科國際集團有限公司 中期報告 2025/26 目錄 公司資料 2 | 簡明綜合損益及其他全面收益表 | 3–4 | | --- | --- | | 簡明綜合財務狀況表 | 5–6 | 簡明綜合權益變動表 7 簡明綜合財務報表附註 9–19 | | | 其他資料 26–32 1 洪志遠 袁紹章 羅國泰 公司秘書 簡明綜合現金流量表 8 環科國際集團有限公司 中期報告 2025/26 公司資料 董事 執行董事 鄭白敏 (主席) 鄭白麗 (董事總經理) 鄭白明 獨立非執行董事 鄭白明 主要往來銀行 香港上海滙豐銀行有限公司 恒生銀行有限公司 核數師 大信梁學濂(香港)會計師事務所 香港法律顧問 尼克松 • 鄭林胡律師行 百慕達法律顧問 Conyers Dill & Pearman 註冊辦事處 Clarendon House 2 Church Street Hamilton HM 11 Bermuda 主要營業地點 香港 九龍尖沙咀東部 加連威老道98號 東海商 ...
宏海控股集团(08020) - 2026 - 中期财报
2025-12-01 05:27
香港聯合交易所有限公司(「聯交所」)GEM(「GEM」)之特色 GEM乃為較於聯交所上市之其他公司帶有高投資風險之中小型公司提供一個上市之市場。 準投資者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上市公司普遍為中小型公司,於GEM買賣之證券可能會較於聯交所主板買賣之證 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報告之內容概不負責,對其準確性或完整性亦不 發表聲明,並明確表示不就本報告全部或任何部分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。 本報告載有遵照香港聯合交易所有限公司GEM證券上市規則(「GEM上市規則」)規定而提 供有關宏海控股集團有限公司(「本公司」)之資料,本公司之董事(「董事」)願就本報告共同 及個別承擔全部責任。董事在作出一切合理查詢後確認,就彼等所深知及確信,本報告所載 資料在所有重大方面均屬準確、完整及並無誤導或欺詐成份,且並無遺漏任何其他事項,致 使本報告任何聲明有所誤導。 1 宏海控股集團有限公司 2025中期報告 概要 2 宏海控股集團有限公司 2025 ...
铸帝控股(01413) - 2026 - 中期财报
2025-11-30 23:37
FEG Holdings Corporation Limited 鑄帝控股 集 團有限公 司 Stock Code 股份代號 : 1413 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) 2025-26 Interim Report 中期報告 目錄 CONTENTS 02–04 Corporate Information 公司資料 05–13 Management Discussion and Analysis 管理層討論及分析 14–42 Condensed Consolidated Interim Financial Statements 簡明綜合中期財務報表 43–50 Corporate Governance/Other Information 企業管治╱其他資料 CORPORATE INFORMATION 公司資料 BOARD OF DIRECTORS Executive Directors Mr. Yang Zhenwei (Co-chairperson) Ms. Yang Yuangui ( ...
辰林教育(01593) - 2025 - 年度业绩
2025-11-30 11:58
(i) 非 國 際 財 務 報 告 準 則 衡 量 方 法 香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責,對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明,並 明 確 表 示,概 不 就 因 本 公 告 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。 Chen Lin Education Group Holdings Limited 辰林教育集團控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:1593) 截 至 二 零 二 五 年 八 月 三 十 一 日 止 年 度 的 年 度 業 績 公 告 | 財 | 務 | 摘 | 要 | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | - ...
ALCO HOLDINGS(00328) - 2026 - 中期业绩
2025-11-30 10:49
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容 概不 負責,對其準確性或完整性亦不發表任何聲明,並明確表示,概不就 因本公告 全部或任何部份內容而產生或因倚賴該等內容而引致的任何損 失承擔任何責 任。 (於百慕達註冊成立之有限公司) 網址︰ http://www.alco.com.hk (股份代號:328) 截 至 二 零 二 五 年 九 月 三 十 日 止 六 個 月 之 中 期 業 績 公 告 表 現 摘 要 | 二 | 零 | 二 | 五 | 年 | 二 | 零 | 二 | 四 | 年 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | — | 額(港 | 元) | 62 百萬 | 營 | 業 | 50 百 | 萬 | — | 損(港 | 元) | (19) 百萬 | | 期 | 內 | 虧 | (24) 百 | 萬 | | | | | | | | – 1 – Alco Holdings Limited(「本 公 司」)董事 宣 佈 本 公 司 及 其 附 屬 公 司(「本集 ...
木薯资源(00841) - 2026 - 中期业绩
2025-11-30 10:40
(於開曼群島註冊成立的有限公司) (股份代號:841) 截至二零二五年九月三十日止六個月 中期業績公佈 亞洲木薯資源控股有限公司(「本公司」)董事會(「董事會」)欣然宣佈本公司及其附屬公司 (「本集團」)截至二零二五年九月三十日止六個月的未經審核綜合業績連同二零二四年之比較數 字。 簡明綜合損益及其他全面收益表(未經審核) | | | 截至九月三十日止六個月 | | | --- | --- | --- | --- | | | | 二零二五年 | 二零二四年 | | | 附註 | 千港元 | 千港元 | | 收入 | 4 | 848,398 | 449,210 | | 銷售成本 | | (754,690) _________ | (415,164) _________ | | 毛利 | | 93,708 | 34,046 | | 其他收入 | 4 | 23,663 | 10,710 | | 投資物業公允值虧損 | | (5,745) | (5,780) | | 銷售及分銷成本 | | (39,792) | (16,082) | | 行政開支 | | (32,867) | (25,809) | | 融資成本 | ...
宝发控股(08532) - 2026 - 中期业绩
2025-11-30 10:34
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責, 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 部分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。 Polyfair Holdings Limited 寶發控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:8532) 截至2025年9月30日止六個月的 中期業績公告 香港聯合交易所有限公司(「聯交所」)GEM的特色 GEM的定位,乃為中小型公司提供一個上市的市場,此等公司相比起其他在聯交 所上市的公司帶有較高投資風險。有意投資的人士應了解投資於該等公司的潛在 風險,並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司,在GEM買賣的證券可能會較於主板買賣 之證券承受較大的市場波動風險,同時無法保證在GEM買賣的證券會有高流通量 的市場。 本公告乃遵照聯交所的GEM證券上市規則(「GEM上市規則」)而刊載,旨在提供 有關寶發控股有限公司(「本公司」)的資料;本公司的董事(「董事」)願就本公告共 同及個別地承擔全部責任。各董事在作出一切合理查詢後確認,就彼等所知及所 信,本 ...