Financial Performance - Revenue decreased to approximately HKD 52.4 million, a decline of about 14.6% compared to the previous fiscal year[5] - Loss attributable to owners of the company was approximately HKD 41.0 million, compared to a loss of about HKD 29.4 million in the previous fiscal year[5] - Basic loss per share was HKD 0.05, compared to HKD 0.04 in the previous fiscal year[5] - Total comprehensive loss for the year amounted to HKD 39.8 million, compared to HKD 29.8 million in the previous fiscal year[6] - The company experienced a net loss before tax of HKD 40.0 million, compared to HKD 29.7 million in the previous fiscal year[6] - The company reported a total comprehensive loss of HKD 40.990 million for the year, compared to a loss of HKD 29.352 million in the previous year, indicating an increase in losses of approximately 39.5%[10] - The group reported a comprehensive loss before tax of HKD 40,015,000 for the year ending March 31, 2024, compared to HKD 29,729,000 the previous year[29] - The group reported a total of HKD 4,673,000 in other losses, compared to HKD 12,435,000 in the previous year, indicating a significant reduction[39] Revenue Breakdown - The group reported total revenue of HKD 61,385 million for the year, an increase from HKD 52,436 million in the previous year, representing a growth of approximately 16.5%[21] - The group's revenue from valuation and consulting services contributed approximately 52.5% of total revenue, decreasing from approximately HKD 37.7 million to about HKD 27.5 million, a decline of 27.1% due to a lackluster investment market in Hong Kong[84] - Revenue from financing services contributed approximately 27.6% of total revenue, with interest income dropping about 37.6% from approximately HKD 23.2 million to about HKD 14.5 million due to a reduced loan portfolio[85] - The securities brokerage, placement, and underwriting segment accounted for approximately 19.9% of total revenue, with earnings increasing significantly from approximately HKD 0.4 million to about HKD 10.4 million, driven by a strong investment atmosphere in the U.S. market[87] Expenses and Costs - The company reported a significant increase in employee benefit expenses, totaling HKD 31.6 million, compared to HKD 36.4 million in the previous year[6] - Employee benefits expenses, including director remuneration, totaled HKD 34,220,000, up from HKD 29,778,000, indicating a 14.9% increase[38] - Financial costs increased by approximately 24.5% from about HKD 7.1 million to approximately HKD 8.8 million, primarily due to rising interest rates[92] - Other expenses increased by 62.0% due to hiring more external consultants to explore new business opportunities[93] Assets and Liabilities - As of March 31, 2024, total assets amounted to HKD 436,865,000, while total liabilities were HKD 161,741,000, resulting in a net asset value of HKD 275,124,000[7] - The company reported a significant increase in current assets, totaling HKD 336,921,000 compared to HKD 335,168,000 in the previous year, reflecting a growth of approximately 0.52%[7] - Non-current liabilities decreased from HKD 40,017,000 to HKD 33,082,000, indicating a reduction of about 17.5% year-over-year[8] - The company's total liabilities as of March 31, 2024, were HKD 55,333,000, compared to HKD 28,672,000 in the previous year, indicating an increase in liabilities[24][27] Strategic Initiatives - The company plans to expand its market presence through strategic acquisitions and new product launches in the upcoming fiscal year[7] - The company aims to achieve a revenue growth target of 10% for the next fiscal year, supported by new technology initiatives[7] - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming fiscal year[24] - The group aims to become a comprehensive securities firm in Hong Kong, focusing on sustainable growth and increasing revenue sources through capital expansion and business diversification[117] Compliance and Governance - The group has emphasized the importance of compliance with the revised Hong Kong Financial Reporting Standards, which will enhance transparency and accuracy in financial reporting[14] - The board of directors believes that having the same person serve as both chairman and CEO provides strong leadership and enhances efficiency in business decision-making[123] - The group has adhered to all relevant laws and regulations in Hong Kong as of March 31, 2024, ensuring compliance in its operations[124] Employee and Community Engagement - The group emphasizes employee welfare and adheres to labor laws, providing benefits such as medical compensation and annual events[126] - The group is committed to environmental protection through energy-saving measures and resource recycling in its daily operations[125] Market Conditions and Future Outlook - The high interest rate environment has hindered the development of acquisition opportunities and growth in valuation and consulting services as of March 31, 2024[116] - The company anticipates that the "Belt and Road" initiative and related policies in the Guangdong-Hong Kong-Macao Greater Bay Area will create new opportunities for Hong Kong as an international financial hub[116]
罗马元宇宙集团(08072) - 2024 - 年度业绩