Financial Performance - Revenue for the six months ended 30 June 2024 was HK$40,083,317, an increase of 17.9% compared to HK$34,032,326 in 2023[4] - Gross profit for the period was HK$1,774,447, a slight decrease of 1.2% from HK$1,794,476 in the previous year[4] - Operating profit increased to HK$775,398, up 2.9% from HK$755,428 in 2023[4] - Profit for the period was HK$477,531, down 4.9% from HK$502,083 in the same period last year[4] - Basic earnings per share decreased to 32.57 cents from 35.61 cents, reflecting a decline of 8.5%[4] - Total comprehensive income for the period was HK$125,534, down 33.0% from HK$187,381 in 2023[8] - Profit before taxation for the period was HK$600,005, with taxation expenses amounting to HK$122,474, resulting in a profit for the period of HK$477,531[23] - Unaudited consolidated net profit attributable to equity shareholders for the six months ended 30 June 2024 was approximately HK$453,315,000, a decrease from approximately HK$502,083,000 in the prior year[44] - The basic and diluted earnings per share for the six months ended 30 June 2024 were approximately HK32.57 cents, down from approximately HK35.61 cents for the same period in 2023[44] Assets and Liabilities - Total assets as of 30 June 2024 were HK$35,083,419, a slight increase from HK$35,020,347 at the end of 2023[10] - Current assets increased to HK$33,102,333 from HK$32,885,088, reflecting a growth of 0.7%[10] - Total liabilities as of 30 June 2024 were HK$26,933,298, an increase from HK$26,797,511 at the end of 2023[10] - As of 30 June 2024, the Group had total cash balances and bank deposits of approximately HK$3,693,618,000, an increase from approximately HK$3,325,140,000 as of 31 December 2023[45] - Total borrowings as of 30 June 2024 amounted to approximately HK$9,549,932,000, compared to approximately HK$8,103,976,000 as of 31 December 2023[45] - The net debt to total assets ratio as of 30 June 2024 was 0.17, up from 0.14 as of 31 December 2023[45] Segment Performance - Total segment revenue for the six months ended June 30, 2024, reached HK$40,083,317, with consumer electronics contributing HK$15,993,570, enterprise systems HK$22,529,201, and cloud computing HK$1,560,546[23] - Segment results for the same period showed a total profit of HK$788,300, with consumer electronics at HK$277,167, enterprise systems at HK$456,807, and cloud computing at HK$54,326[23] - Revenue from the consumer electronics segment for the six months ended 30 June 2024 was approximately HK$15,993,570,000, up from approximately HK$14,700,866,000 in the previous year, reflecting a growth of 8.8%[44] - Revenue from the enterprise systems segment increased to approximately HK$22,529,201,000, compared to approximately HK$18,124,038,000, marking a growth of 24.9%[44] Market and Regional Performance - Revenue from North Asia was HK$26,421,781, up from HK$25,538,547, while South East Asia saw a significant increase to HK$13,661,536 from HK$8,493,779, representing a growth of 60.5%[31] - The company operates primarily in North Asia and South East Asia, focusing on expanding its market presence in these regions[30] Corporate Governance and Compliance - The Group's financial information for the year ended December 31, 2023, is derived from statutory annual consolidated financial statements, which were reported unqualified by the auditor on March 21, 2024[13] - The Group has not applied any new standards or interpretations that are not yet effective for the current accounting period, and recent amendments to HKFRSs did not materially affect the Group's financial results[14][17] - The Audit Committee reviewed the unaudited results for the six months ended June 30, 2024, and confirmed compliance with applicable accounting standards and adequate disclosures[55] - The company has adhered to the corporate governance code as per the listing rules, with clear roles defined for the Chairman and CEO[50] - The company has established a Nomination Committee to review the board's structure and make recommendations on appointments and succession planning[61] - The Board consists of a mix of executive, non-executive, and independent non-executive directors, ensuring a balanced governance structure[62] - The Remuneration Committee is responsible for reviewing and approving remuneration proposals for directors and senior management[56] Shareholder Actions - The company repurchased 438,000 shares of its ordinary stock in May 2024 at an aggregate price of HK$2,114,000, with the highest and lowest prices per share being HK$4.85 and HK$4.66 respectively[51] - The Board believes that the share repurchase will enhance the company's net asset value and/or earnings per share[52] - No interim dividend was recommended for the six months ended June 30, 2024, consistent with the previous year where no dividend was paid[54] - The company has not purchased, sold, or redeemed any shares other than those disclosed[52] Employee Information - The Group had 5,574 full-time employees as of 30 June 2024, an increase from 4,400 employees as of 30 June 2023[45] Financial Costs and Taxation - The company reported finance costs of HK$163,046, which impacted overall profitability[27] - Current taxation for the period was HK$130,915, an increase from HK$94,644 in the previous year[33] - The fair value changes of other financial assets resulted in a loss of HK$21,667[27] Reporting and Estimates - The preparation of the Interim Financial Report requires management to make judgments and estimates that may differ from actual results[12] - The Interim Financial Report is unaudited but has been reviewed by KPMG in accordance with relevant standards[12]
伟仕佳杰(00856) - 2024 - 中期业绩