Financial Performance - For the fiscal year ending September 30, 2024, the company reported a net loss attributable to equity holders of HKD 19,915,626, a significant improvement from a loss of HKD 149,059,636 in the previous year, representing a reduction of approximately 86.6%[10] - The company reported a pre-tax loss of HKD (20,326,277) for the year ended September 30, 2024, compared to a pre-tax loss of HKD (149,511,191) for the previous year, reflecting a significant improvement[36] - The group recorded a net loss of approximately HKD 2,300,000 for the year ending September 30, 2024, compared to a net loss of HKD 93,900,000 for the year ending September 30, 2023[64] - The net loss attributable to equity holders was approximately HKD 19,900,000, a decrease from HKD 149,100,000 in the previous year[71] - The group reported a pre-tax loss of HKD (19,915,626) for 2024, a notable improvement from a loss of HKD (149,059,636) in 2023[53] Assets and Liabilities - The company's total assets decreased to HKD 307,506,138 from HKD 338,772,704, reflecting a decline of about 9.2% year-over-year[2] - The total assets of the group as of September 30, 2024, were HKD 352,974,554, compared to HKD 378,594,326 as of September 30, 2023, representing a decrease of about 6.8%[39] - The total liabilities increased to HKD 45,468,416 from HKD 39,821,622, reflecting an increase of approximately 14.1%[2] - The total liabilities of the group as of September 30, 2024, were HKD 45,468,416, compared to HKD 58,743,479 as of September 30, 2023, indicating a reduction of approximately 22.5%[39] Investment Income - Investment income for the year was HKD 19,849,416, slightly up from HKD 19,122,696, representing an increase of approximately 3.8%[10] - The total investment income for the year ended September 30, 2024, was HKD 19,849,416, compared to HKD 19,122,696 in the previous year, showing a slight increase of approximately 3.8%[34] - Interest income from bond investments increased to HKD 19,716,776 in 2024, up from HKD 18,178,957 in 2023, reflecting a growth of approximately 8.5%[34] - The group’s total revenue from bond investments was HKD 24,155,312 for the year ended September 30, 2024, compared to HKD 21,870,876 in 2023, indicating a growth of about 10.4%[42] - Other interest income increased to HKD 4,423,224 in 2024 from HKD 3,679,895 in 2023, representing a growth of approximately 20.2%[45] Expenses - Administrative expenses decreased to HKD 10,130,299 from HKD 14,656,325, a reduction of about 30.5%[10] - Total employee costs, including directors' remuneration, decreased to HKD 3,796,543 in 2024 from HKD 4,558,812 in 2023, reflecting a reduction of about 16.7%[50] - The total employee costs related to salaries, allowances, and other benefits decreased to HKD 2,384,480 in 2024 from HKD 3,076,914 in 2023, a reduction of about 22.5%[50] Accounting Policies - The company applied new and revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial statements for the year[14] - The group has adopted revised accounting policies under Hong Kong Accounting Standards No. 1 and Hong Kong Financial Reporting Standards Practice Report No. 2, which clarified the significance of accounting policy disclosures, but these changes did not have a significant impact on the group's financial position and performance[21] - The accounting policy changes made during the year did not have a significant impact on the financial statements[25] - The group anticipates that the application of all new and revised Hong Kong Financial Reporting Standards will not have a significant impact on the consolidated financial statements in the foreseeable future[30] Investments and Fair Value - The company continues to focus on investments in listed and unlisted companies primarily located in Hong Kong and China[11] - The fair value adjustment of financial assets at amortized cost resulted in a loss of HKD 4,137,071 in 2024, compared to a loss of HKD 3,398,380 in 2023[48] - The company recorded unrealized gains of approximately HKD 19.1 million from its investment in Japan Synergy Group Limited during the year[84] - The expected credit loss provision for bond investments is approximately HKD 20 million, and for receivables from sold investments, it is about HKD 20.7 million[89] Debt and Financing - The company issued convertible bonds with a total principal amount of up to HKD 21,000,000, raising net proceeds of approximately HKD 20,500,000 for general working capital and future investments[74] - As of September 30, 2024, the group had margin financing of approximately HKD 39,500,000, with interest rates ranging from 8% to 9.8%[78] - Margin financing increased to HKD 42,964,313 in 2024 from HKD 36,584,870 in 2023, reflecting a growth of approximately 17.5%[61] Dividend Policy - The company did not declare any dividends for the fiscal year ending September 30, 2024, consistent with 2023[51] - The group’s dividend declaration will depend on the board's decision, influenced by factors such as profitability and financial condition[96]
首都创投(02324) - 2024 - 年度业绩