天安(00028) - 2024 - 年度业绩

Financial Performance - The company's revenue for the year ended December 31, 2024, was HKD 3,012,234,000, representing a 8.25% increase from HKD 2,782,050,000 in 2023[3] - Gross profit increased to HKD 1,032,679,000, up 14.74% from HKD 899,807,000 in the previous year[3] - The company reported a net loss of HKD 142,877,000 for the year, compared to a profit of HKD 1,309,757,000 in 2023, indicating a significant decline[4] - The total comprehensive loss for the year was HKD 484,793,000, compared to a comprehensive income of HKD 821,118,000 in 2023[6] - The basic loss per share was HKD 0.14, compared to earnings per share of HKD 0.83 in the previous year[4] - The loss attributable to shareholders for 2024 was HKD 207.1 million, compared to a profit of HKD 1,217.4 million in 2023[31] - The basic loss per share for 2024 was HKD 0.14, down from earnings of HKD 0.83 per share in 2023[32] Expenses and Costs - Administrative expenses rose to HKD 594,302,000, an increase of 36.3% from HKD 436,229,000 in the prior year[3] - The company experienced a significant increase in financing costs, which rose to HKD 220,833,000 from HKD 192,598,000 in the previous year[3] - The company’s financing costs amounted to HKD 220,833 thousand, impacting the overall profitability for the year[23] Assets and Liabilities - Total non-current assets decreased from HKD 35,028,430 thousand in 2023 to HKD 33,468,166 thousand in 2024, a reduction of approximately 4.47%[8] - Current assets increased significantly from HKD 18,429,627 thousand in 2023 to HKD 24,942,926 thousand in 2024, representing an increase of approximately 35.5%[8] - Current liabilities increased from HKD 15,646,740 thousand in 2023 to HKD 23,095,876 thousand in 2024, marking an increase of approximately 47.5%[9] - The company's total equity decreased from HKD 28,946,935 thousand in 2023 to HKD 28,163,482 thousand in 2024, a decline of about 2.7%[9] - The company's borrowings increased from HKD 1,873,703 thousand in 2023 to HKD 2,324,216 thousand in 2024, an increase of approximately 24.1%[9] - The company's total assets less current liabilities decreased from HKD 37,811,317 thousand in 2023 to HKD 35,315,216 thousand in 2024, a decline of approximately 6.6%[9] Revenue Segmentation - The company reported a total revenue of HKD 3,012,234 thousand for the year ended December 31, 2024, with significant contributions from the healthcare segment amounting to HKD 1,581,036 thousand[23] - The property development segment experienced a loss of HKD 32,018 thousand, while the healthcare segment generated a profit of HKD 99,381 thousand, indicating varied performance across business units[23] - Revenue from completed property sales decreased significantly from HKD 1,530.1 million in 2023 to HKD 520.5 million in 2024, primarily due to a lack of major property development projects delivered to customers and a decline in demand in the mainland real estate market[33] - Revenue from Tianan Health was approximately HKD 1,627.2 million for 2024, an increase from HKD 1,568.8 million in 2023[35] - The healthcare segment's revenue increased from HKD 394,154 thousand in the previous year to HKD 1,581,036 thousand, showcasing strong growth in this area[23] Changes in Accounting and Policy - Due to a change in accounting policy, the company shifted to a cost model for measuring hospitals and buildings in China, resulting in a reclassification of non-current assets from HKD 1,839,719 thousand to HKD 1,832,502 thousand[20] - The deferred tax liabilities were adjusted from HKD 3,505,755 thousand to HKD 3,504,031 thousand as a result of the accounting policy change, reflecting a minor impact on the financial position[20] - The comprehensive income attributable to shareholders for the year was adjusted from HKD 707,512 thousand to HKD 701,024 thousand due to the accounting policy change[18] Dividends and Shareholder Returns - The company announced an interim dividend of HKD 0.10 per share for the fiscal year ending December 31, 2024, compared to HKD 0.20 per share in 2023[27] - The board declared an interim dividend of HKD 0.10 per share for the year ending December 31, 2024, compared to HKD 0.20 per share in the interim dividend for 2023[54] Market Conditions and Future Outlook - The People's Bank of China lowered the one-year Loan Prime Rate (LPR) by 35 basis points from 3.45% to 3.10% and the five-year LPR by 60 basis points from 4.20% to 3.60% in 2024, which is expected to alleviate financial burdens in the real estate sector[53] - The central government and local governments have introduced measures to stabilize the real estate market, including the removal of the interest rate floor for first-time home loans and lowering down payment ratios[53] - The group remains confident in the long-term prospects of the real estate market in mainland China and Hong Kong despite short-term uncertainties[53] Employment and Corporate Governance - As of December 31, 2024, the group employed 3,646 employees, a decrease from 3,669 in 2023[52] - The group has complied with the corporate governance code, with some deviations noted in the report[58] Miscellaneous - The company has not repurchased, sold, or redeemed any of its shares during the fiscal year ending December 31, 2024[63] - Any unclaimed dividends declared for over six years may be forfeited by the board and returned to the company[64] - Shareholders must contact the company's share registrar by April 17, 2025, to claim any unpaid dividends[65]