Financial Performance - For the six months ended June 30, 2024, the group recorded a net loss attributable to shareholders of approximately HKD 3,718,071, compared to a net loss of HKD 24,815,324 in 2023, with a loss per share of HKD 0.14, down from HKD 0.91 in 2023[5]. - The total revenue for the six months ended June 30, 2024, was HKD 443,154, while other income was HKD 111[40]. - The company incurred administrative and other operating expenses of HKD 4,561,365, an increase from HKD 4,082,088 in the previous year[40]. - The loss before tax for the period was HKD 3,527,323, significantly improved from a loss of HKD 24,966,869 in the prior year[40]. - The company reported a net loss attributable to equity holders of HKD 3,718,071 for the six months ended June 30, 2024, compared to a loss of HKD 24,815,324 for the same period in 2023, representing a significant improvement[46]. Dividends and Shareholder Information - The group did not declare any interim dividend for the period ended June 30, 2024, consistent with the previous year[6]. - The company did not declare any interim dividends for both periods, maintaining a dividend of zero for 2023[86]. - As of June 30, 2024, Chen Pei-Kun holds 254,500,000 shares, representing 9.3% of the total issued share capital[24]. - The largest shareholders include Beibo Global Asset Management Limited and Beibo Capital Advanced Fund, each holding 504,410,000 shares, which is 18.44% of the total[26]. - The total number of issued and fully paid ordinary shares remained at 2,735,280,000 as of June 30, 2024[93]. Assets and Liabilities - The total borrowings of the group, including other payables and accrued liabilities, amounted to approximately HKD 530,000 as of June 30, 2024, compared to HKD 350,000 as of December 31, 2023[10]. - The group's capital debt ratio was approximately 0.75% as of June 30, 2024, up from 0.47% as of December 31, 2023[12]. - The net amount of financial asset investments was approximately HKD 65,090,000 as of June 30, 2024, down from HKD 70,460,000 as of December 31, 2023[12]. - Total assets decreased from HKD 75,058,197 to HKD 71,705,470, a decline of approximately 4.8%[44]. - The company's total equity decreased from HKD 74,191,021 to HKD 70,472,950, a decline of approximately 5%[46]. Cash Flow and Financial Position - As of June 30, 2024, the group maintained cash and bank balances of approximately HKD 330,000, an increase from HKD 270,000 as of December 31, 2023[10]. - Cash and cash equivalents increased from HKD 265,674 to HKD 331,841, an increase of approximately 24.9%[51]. - The net cash generated from operating activities was HKD 66,167, compared to a cash outflow of HKD 1,124,367 in the previous period, indicating a turnaround[51]. Employee Costs - The total employee costs for the review period were HKD 1,150,649, a decrease from HKD 1,282,616 in 2023[18]. - Employee costs, including directors' remuneration, decreased from HKD 1,248,116 to HKD 1,117,407, a reduction of approximately 10.5%[76]. Corporate Governance - The company has established an audit committee to review and supervise its financial reporting processes and internal controls[32]. - The company has complied with the corporate governance code as of June 30, 2024[31]. - There were no significant contracts involving the company where directors had a substantial interest during the reporting period[29]. Financial Instruments and Valuation - The fair value of financial assets at fair value through profit or loss was HKD 59,337,097 as of June 30, 2024, down from HKD 64,480,585 as of December 31, 2023[88]. - The fair value measurement of financial instruments classified as Level 1 was HKD 59,337,097, while Level 3 financial instruments totaled HKD 5,748,436 as of June 30, 2024[98]. - The company reported a market liquidity discount rate of 14% and a capitalization rate of 13% for its financial instruments[102]. - The company's financial assets are measured at fair value, with no significant difference between the carrying amount and fair value for other financial instruments as of June 30, 2024[104]. - The company adopts HKFRS 13 and uses closing prices as the valuation basis for listed equity investments[101]. Investments - The company holds a 1.6% equity interest in Guangzhou Jinyang Aquaculture Co., Ltd., which has not paid any dividends since January 2024[91]. - The investment in P.B. Capital Advanced Fund 3 amounted to USD 5,190,000, with confirmed dividend income of HKD 176,640 during the reporting period[92]. Other Information - The company did not engage in any significant acquisitions or disposals of subsidiaries during the period ended June 30, 2024[14]. - The company has no major capital commitments or contingent liabilities as of June 30, 2024[15]. - The company has no significant capital commitments or contingent liabilities as of June 30, 2024[105]. - The company did not issue any potentially dilutive ordinary shares during the reporting periods, thus no diluted earnings per share were presented[80]. - There has been no transfer between fair value measurement levels during the reporting period[103].
鼎立资本(00356) - 2024 - 中期财报