Financial Performance - Total revenue for the year ended March 31, 2024, was HKD 174,070,000, representing an increase of 8.4% compared to HKD 160,552,000 in 2023[3]. - Gross profit for the same period was HKD 52,042,000, reflecting a growth of 15.6% from HKD 45,019,000 in the previous year[3]. - The net profit for the year decreased to HKD 10,364,000, down 18.9% from HKD 12,776,000 in 2023[3]. - Basic earnings per share for the year were HKD 1.20, compared to HKD 1.48 in the previous year[3]. - The gross profit margin improved to 29.9% from 28.0% year-on-year[3]. - The operating profit margin decreased to 6.0% from 8.0% in the previous year[3]. - The return on equity for the year was 4.5%, down from 5.7% in 2023[3]. - The company declared a dividend of HKD 0.60 per share, slightly down from HKD 0.65 in the previous year[3]. Revenue Breakdown - Revenue from rental equipment was HKD 114,520,000, up from HKD 111,876,000 in 2023[5]. - Revenue from goods and services increased to HKD 59,550,000 from HKD 48,676,000 year-on-year[5]. - Revenue from machinery and parts sales amounted to HKD 24,860,000 for the year ended March 31, 2024, compared to HKD 20,498,000 for the previous year, indicating a growth of about 21.6%[24][25]. - Revenue from operational services related to leasing was HKD 22,143,000 for the year ended March 31, 2024, up from HKD 17,575,000 in the previous year, reflecting a growth of approximately 26.5%[24][25]. - The total revenue from related operational services was HKD 22,143,000 for the fiscal year ending March 31, 2024, compared to HKD 17,575,000 in the previous year, representing a growth of 25.5%[33][34]. - Revenue from delivery services was HKD 5,669,000 for the year ended March 31, 2024, compared to HKD 5,517,000 in the previous year, showing a slight increase of approximately 2.8%[24][25]. Assets and Liabilities - Total assets decreased slightly to HKD 250,418,000 in 2024 from HKD 252,209,000 in 2023, representing a decline of approximately 0.71%[6]. - Current assets increased significantly to HKD 165,299,000 in 2024, up from HKD 129,860,000 in 2023, marking an increase of about 27.4%[6]. - Cash and cash equivalents rose to HKD 93,661,000 in 2024, compared to HKD 74,559,000 in 2023, reflecting a growth of approximately 25.6%[6]. - Current liabilities increased to HKD 89,008,000 in 2024 from HKD 75,678,000 in 2023, indicating an increase of about 17.5%[7]. - Net current assets improved to HKD 76,291,000 in 2024, up from HKD 54,182,000 in 2023, which is an increase of approximately 40.9%[6]. - Non-current liabilities decreased to HKD 22,112,000 in 2024 from HKD 28,051,000 in 2023, showing a reduction of about 21.2%[7]. - The company’s total liabilities increased to HKD 111,120,000 in 2024 from HKD 101,830,000 in 2023, indicating a rise of about 9.0%[7]. Employee Costs and Dividends - The total employee costs for the year amount to HKD 61,227,000, up from HKD 56,879,000 in 2023, indicating an increase of about 7.5%[49]. - The company has declared a final dividend of HKD 0.60 per share for the year ending March 31, 2024, totaling HKD 5,184,000, compared to HKD 5,616,000 for the previous year[52]. Accounting Standards and Compliance - The application of the revised Hong Kong Accounting Standard No. 8 did not have a significant impact on the consolidated financial statements for the year[14]. - The revised Hong Kong Accounting Standard No. 1 replaced "major accounting policies" with "significant accounting policy information," which may influence the decisions of primary users of financial statements[15]. - The revisions clarify that even if amounts are not significant, related accounting policy information can still be considered significant[16]. - The company has adhered to the corporate governance code, except for the deviation from the provision C.2.1 regarding the separation of the roles of Chairman and CEO[114]. Future Outlook and Strategic Plans - The group plans to invest in green energy equipment and promote related concepts through the fiscal year ending March 31, 2025[74]. - The group aims to enhance its mobile power solutions and related services in Hong Kong, focusing on environmental protection and social responsibility[75]. - The group will closely monitor the impact of the debt crisis in the Chinese construction industry and attempt to increase machinery sales to improve revenue and cash flow from its Shanghai subsidiary[76]. - In Macau, the group will continue to focus on government-related projects and special events to increase rental income in the coming months[76]. Miscellaneous - The company has engaged an international consulting firm to review and recommend appropriate measures to ensure compliance with the internal control assessment, enterprise risk management, and corporate governance advisory services as per the listing rules[113]. - The company has not purchased, sold, or redeemed any of its listed securities during the fiscal year 2024[117]. - The company will suspend shareholder registration from August 23 to August 28, 2024, to determine eligibility for the annual general meeting on August 28, 2024[122].
亚积邦租赁(01496) - 2024 - 年度业绩