Financial Performance - For the six months ended June 30, 2021, the group's total revenue was approximately HKD 74.7 million, a decrease of 37.1% compared to the same period last year[5]. - The group recorded a gross profit of approximately HKD 20.7 million for the six months ended June 30, 2021, compared to HKD 17.1 million for the same period in 2020[5]. - The loss attributable to owners of the company for the six months ended June 30, 2021, was approximately HKD 69.7 million, compared to HKD 52.6 million for the same period in 2020[5]. - The basic loss per share for the six months ended June 30, 2021, was HKD 0.03, consistent with the loss per share for the same period in 2020[5]. - The company reported a net loss of HKD 69.9 million for the six months ended June 30, 2021, compared to a net loss of HKD 52.8 million for the same period in 2020[6]. - The group reported a total loss before tax of HKD 67,081,000 for the six months ended June 30, 2021[41]. - The group’s net loss for the period was HKD 69,921,000[41]. - The group recorded a net loss of approximately HKD 69.7 million for the period, compared to a loss of HKD 52.6 million for the same period last year, primarily due to poor performance in the investment portfolio[113]. Assets and Liabilities - As of June 30, 2021, the total equity attributable to owners of the company was approximately HKD 2,195.5 million, compared to HKD 2,173.7 million as of December 31, 2020[5]. - Non-current assets decreased from HKD 1,699,793 thousand to HKD 1,162,994 thousand, a decline of approximately 31.5%[9]. - Current assets increased from HKD 794,449 thousand to HKD 1,379,224 thousand, representing a growth of approximately 73.5%[9]. - Total liabilities decreased from HKD 287,251 thousand to HKD 300,994 thousand, reflecting an increase of about 4.5%[11]. - The total liabilities as of June 30, 2021, were HKD 348,253,000, compared to HKD 321,878,000 as of December 31, 2020[45]. - The company has outstanding loans receivable totaling HKD 233,747,000 as of June 30, 2021, compared to HKD 251,026,000 as of December 31, 2020[65]. Cash Flow and Financing - Operating cash flow for the six months ended June 30, 2021, was HKD 71,635,000, compared to a cash outflow of HKD 16,061,000 in the same period of 2020, representing a significant improvement[17]. - Net cash generated from operating activities was HKD 70,375,000, a recovery from a net cash outflow of HKD 16,622,000 in the previous year[17]. - The increase in cash and cash equivalents for the period was HKD 304,458,000, compared to a decrease of HKD 190,797,000 in the prior year[17]. - The company reported a net cash inflow from financing activities of HKD 127,309,000, compared to HKD 5,161,000 in the same period of 2020[17]. - The company made investments in property, plant, and equipment amounting to HKD 18,860,000, a significant reduction from HKD 246,745,000 in the previous year[17]. Revenue Segments - The total revenue for the information appliances segment was HKD 54,342,000, while the IDC segment generated HKD 20,392,000 in revenue[41]. - The revenue from the IDC facilities was recognized on a straight-line basis over the lease term[35]. - The revenue from the information appliances business was approximately HKD 54.3 million, a decrease of 47.0% compared to the same period last year[97]. - The IDC business generated revenue of approximately HKD 20.4 million, an increase of 25.5% from approximately HKD 16.2 million in the same period last year[98]. Investment Performance - The investment segment recorded a loss of HKD 52,270,000[41]. - The fair value change of investment properties resulted in a net loss of HKD 43,166,000[41]. - The fair value of listed equity securities in Hong Kong decreased from HKD 385,875,000 as of December 31, 2020, to HKD 77,039,000 as of June 30, 2021, representing a decline of approximately 80%[69]. - The fair value of private equity funds increased significantly from HKD 24,946,000 as of December 31, 2020, to HKD 58,367,000 as of June 30, 2021, marking an increase of about 133%[70]. - The cumulative unrealized holding loss from the acquisition date to June 30, 2021, was HKD 38,301,000, indicating a significant decline in asset value[71]. Corporate Governance and Compliance - The company is committed to high standards of corporate governance and has complied with applicable provisions of the GEM Listing Rules[157]. - The audit committee consists of three independent non-executive directors, ensuring compliance with corporate governance codes[57]. - The group has complied with all applicable laws and regulations in China, Hong Kong, and the United States during the reporting period[131]. Environmental and Social Responsibility - The group has not generated significant waste or emitted substantial air pollutants, demonstrating its commitment to environmental protection[130]. - The group is committed to minimizing its negative environmental impact through energy conservation and resource recycling initiatives[130]. Shareholder Information - As of June 30, 2021, the total number of issued shares was 2,487,704,800[153]. - Mr. Cong Yu holds 741,379,800 shares, representing 29.80% of the company's issued share capital[150]. - Mr. Hong Qiao Group holds 351,867,200 shares, accounting for 14.14% of the company's issued share capital[150].
裕兴科技(08005) - 2021 - 中期财报