Financial Performance - For the nine months ended December 31, 2020, the company recorded unaudited revenue of approximately HKD 34,400,000, a decrease of about 0.7% compared to the same period last year[3]. - The unaudited profit attributable to owners for the nine months ended December 31, 2020, was approximately HKD 30,300,000, an increase of about 7.1% year-on-year[3]. - Basic and diluted earnings per share for the nine months ended December 31, 2020, were approximately HKD 1.38, compared to HKD 1.29 for the same period in 2019[3]. - For the three months ended December 31, 2020, the company reported revenue of HKD 13,020,469, compared to HKD 10,057,216 for the same period in 2019[5]. - The net profit attributable to owners for the three months ended December 31, 2020, was HKD 8,164,299, down from HKD 15,370,422 in the same period last year[5]. - Total comprehensive income attributable to owners for the nine months ended December 31, 2020, was HKD 33,860,444, compared to HKD 28,275,044 for the same period in 2019[5]. - The company reported a net loss from financial assets at fair value through profit or loss of HKD 405,820 for the three months ended December 31, 2020, compared to a loss of HKD 76,806 in the same period last year[5]. - The total income from interest for the nine months ended December 31, 2020, was HKD 34,377,055, slightly down from HKD 34,609,486 in the previous year, indicating a decrease of about 0.7%[17]. - The group reported a significant increase in income from loan clients, which rose to HKD 6,200,010 for the three months ended December 31, 2020, compared to HKD 4,279,785 in the same period of 2019, representing a growth of approximately 45%[17]. - The group’s total income from miscellaneous sources for the three months ended December 31, 2020, was HKD 164,751, a significant drop from HKD 4,797,285 in the same period of 2019, indicating a decline of approximately 96.6%[19]. - The group's revenue and investment income for the nine months ended December 31, 2020, was approximately HKD 46,900,000, an increase of about 35.6% or approximately HKD 12,300,000 compared to approximately HKD 34,600,000 for the same period in 2019[30]. Dividends and Share Options - The board of directors did not recommend the payment of an interim dividend for the nine months ended December 31, 2020, consistent with the previous year[3]. - The company did not recommend the distribution of an interim dividend for the nine months ended December 31, 2020, consistent with the previous year[23]. - The new share option plan was adopted on August 4, 2020, with no options granted, canceled, or exercised as of December 31, 2020[46]. - As of December 31, 2020, a total of 60,000,000 unexercised share options were granted to directors[53]. - The fair value of the granted share options as of the grant date was HKD 8,275,000, calculated using the Black-Scholes model[50]. - The expected volatility for the share options was 55.019% with a risk-free rate of 2.106%[50]. - No options were exercised or canceled under the new share option plan as of the reporting date[46]. Financial Position - The company’s total equity as of December 31, 2020, was HKD 248,348,778, an increase from HKD 237,226,596 as of December 31, 2019[7]. - The company’s financing costs for the nine months ended December 31, 2020, were HKD 328,973, compared to HKD 441,557 for the same period in 2019[5]. - The group recorded an unaudited profit attributable to owners of the company of approximately HKD 30,300,000 for the nine months ended December 31, 2020, compared to approximately HKD 28,300,000 for the same period in 2019[42]. - The group's administrative expenses for the nine months ended December 31, 2020, were approximately HKD 11,700,000, a decrease of about 10.5% from approximately HKD 13,000,000 for the same period in 2019[41]. - The group’s total investment portfolio value was approximately HKD 83,300,000 as of December 31, 2020, compared to approximately HKD 65,100,000 as of March 31, 2020[38]. Corporate Governance - The company has adopted a code of conduct for directors' securities trading, ensuring compliance with GEM Listing Rules from December 31, 2020[61]. - The company has adhered to all corporate governance code provisions as per GEM Listing Rules Appendix 15, with a noted deviation regarding the separation of roles between the Chairman and CEO[62]. - The company currently does not have a Chairman position, with daily operations managed by the CEO and executive directors, ensuring balanced power distribution[63]. - The Audit Committee, consisting of three independent non-executive directors, has reviewed the unaudited consolidated results for the nine months ending December 31, 2020, confirming compliance with applicable accounting standards[66]. - The company plans to elect a new Chairman when appropriate[64]. Future Plans and Strategy - The company aims to expand its margin and loan financing business as well as securities advisory services to meet customer needs[45]. - The company is committed to becoming a leading financial services group in Hong Kong and will continue to explore potential opportunities for new revenue sources[45]. - The company plans to leverage the management team's knowledge and experience to seize emerging business opportunities[45]. - The group has no significant investment or acquisition plans as of December 31, 2020, but will actively seek investment opportunities to enhance profitability[44]. Trading and Market Activity - Securities and futures brokerage income decreased by approximately 15.8% to about HKD 4,900,000 for the nine months ended December 31, 2020, from approximately HKD 5,900,000 for the same period in 2019[31]. - Total trading volume for securities transactions was approximately HKD 22,321,800,000 for the nine months ended December 31, 2020, down from approximately HKD 37,186,600,000 in 2019[31]. - Interest income from customer securities and margin accounts was approximately HKD 5,900,000, a decrease of about 37.0% from approximately HKD 9,300,000 in the same period of 2019[31]. - Interest income from loans and financing activities was approximately HKD 17,200,000 for the nine months ended December 31, 2020, compared to approximately HKD 14,800,000 for the same period in 2019[35]. Reporting and Documentation - The third quarter performance report for the year 2020 has been published, detailing the company's financial results[68].
昌利控股(08098) - 2021 Q3 - 季度财报