Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 1,226,000, a decrease of 15.1% compared to HKD 1,443,000 for the year ended December 31, 2023[3] - The total income from the sale of trading securities was HKD 2,928,000, down from HKD 10,405,000, representing a decline of 71.9%[3] - The loss from fair value changes of listed equity investments through profit or loss was HKD 11,945,000, compared to a gain of HKD 6,787,000 in the previous year[3] - The net loss attributable to equity holders for the year was HKD 16,848,000, compared to a loss of HKD 14,783,000 in the previous year, reflecting an increase in loss of 14.1%[3] - Basic and diluted loss per share for the year was HKD 0.06, compared to HKD 0.05 in the previous year[3] - The group reported a net loss attributable to shareholders of approximately HKD 16,800,000 for the year, compared to HKD 14,800,000 in the previous year, primarily due to losses from listed investments and impairment of financial assets[27] - The basic loss per share for the year was approximately HKD 0.06, compared to HKD 0.05 in the previous year[27] - The group experienced a loss of approximately HKD 14,700,000 from listed securities, including realized losses of HKD 2,800,000 and unrealized losses of HKD 11,900,000[35] Assets and Liabilities - Total assets as of December 31, 2024, were HKD 172,017,000, slightly up from HKD 170,304,000 in the previous year[4] - The net asset value per share decreased to HKD 0.48 from HKD 0.60 year-over-year[4] - Cash and cash equivalents increased significantly to HKD 11,351,000 from HKD 1,978,000, marking a growth of 474.5%[4] - The group's current assets as of December 31, 2024, are approximately HKD 153,700,000, with cash and bank balances of HKD 11,400,000, an increase from HKD 2,000,000 in the previous year[40] - The net asset value per share as of December 31, 2024, is HKD 0.48, down from HKD 0.60 in the previous year, with total net assets of approximately HKD 172,000,000[40] - The group's capital debt ratio remains stable at 0.5% as of December 31, 2024, indicating a solid financial structure[40] - The group has no outstanding bank borrowings as of December 31, 2024, ensuring adequate financial resources for ongoing operations[40] Investment Portfolio - The investment portfolio as of December 31, 2024, included listed equity investments worth HKD 106,600,000 and non-listed bond investments of HKD 18,300,000, representing approximately 62.0% and 10.6% of the group's net assets, respectively[29] - The group confirmed revenue of HKD 1,226,000 from listed equity investments and HKD 1,200,000 from debt investments, totaling HKD 3,129,000 for the year, a decrease from HKD 3,402,000 in the previous year[17] - The group has maintained a diversified investment portfolio across various industries, including finance, consumer products, media, construction, and mining[29] - The group recorded realized losses of approximately HKD 2,800,000 from listed equity investments, a significant improvement from HKD 23,600,000 in the previous year[29] - Unrealized losses from listed equity investments amounted to approximately HKD 11,900,000, compared to a gain of HKD 6,800,000 in the previous year[29] Corporate Governance and Compliance - The company maintains a commitment to effective corporate governance standards, adhering to the principles outlined in the corporate governance code[55] - The board of directors confirmed compliance with the standard code of conduct for securities trading throughout the year[58] - The audit committee, consisting of independent non-executive directors, reviewed the consolidated performance for the fiscal year ending December 31, 2024[61] - The financial statements for the year ending December 31, 2024, were audited by KPMG, confirming consistency with the group's financial data[62] - The annual performance announcement and annual report will be published on the company's website and the Hong Kong Stock Exchange website[63] Future Outlook and Strategic Plans - The company anticipates that the global investment environment will present both risks and opportunities, particularly due to the impact of tariffs and potential currency fluctuations[53] - The company has no specific plans for significant investments or capital assets as of December 31, 2024[50] - The application of new Hong Kong Financial Reporting Standards is not expected to have a significant impact on the group's financial position and performance in the foreseeable future[16] Capital Activities - The company successfully raised approximately HKD 14,200,000 through a placement, with a net amount of about HKD 14,000,000 after expenses, equivalent to a net issue price of approximately HKD 0.236 per share[44] - The placement price of HKD 0.240 per share represents a discount of approximately 14.3% to the closing price of HKD 0.280 on October 7, 2024, and a discount of approximately 9.4% to the average closing price of HKD 0.265 over the preceding five trading days[44] - As of December 31, 2024, approximately HKD 1,900,000 of the net proceeds has been utilized for intended operating capital and listed investment purposes, with the remaining HKD 12,100,000 expected to be used by December 31, 2025[44] - The company did not engage in any capital activities during the year, nor did it have any significant acquisitions or disposals of subsidiaries, associates, or joint ventures[45][47] Market Performance - The Dow Jones Industrial Average increased by 12.9% from 37,689 points at the end of 2023 to 42,544 points, while the Hang Seng Index rose by 17.7% from 17,047 points to 20,060 points during the same period[51]
港湾数字(00913) - 2024 - 年度业绩