Financial Performance - Revenue for the year ended December 31, 2024, was HK$2,373.0 million, a 0.5% increase from HK$2,360.4 million in 2023[3] - Net profit for the year was HK$149.3 million, representing a 13.7% increase from HK$131.3 million in 2023[3] - Adjusted EBITDA for the year was HK$110.6 million, a slight decrease of 1.2% from HK$111.9 million in 2023[3] - Adjusted profit for the year was HK$87.1 million, a 9.4% increase from HK$79.6 million in 2023[3] - Operating cash flow increased significantly by 105.7% to HK$124.8 million from HK$60.7 million in 2023[3] - Total comprehensive income attributable to equity holders was HK$124.4 million, down from HK$142.5 million in 2023[9] - The company declared a final dividend of 3.0 cents per share, unchanged from 2023[3] - Total revenue for the year ended December 31, 2024, was HKD 2,372,976,000, a slight increase from HKD 2,360,425,000 in 2023, representing a growth of approximately 0.5%[22] - The company reported a pre-tax profit of HKD 168,087,000 for the year ended December 31, 2024, an increase from HKD 148,914,000 in 2023, representing a growth of approximately 12.9%[32] - The basic earnings per share for the year ended December 31, 2024, increased to 17.91 HKD from 15.75 HKD in 2023, representing a growth of 13.7%[55] Revenue Breakdown - Revenue from product sales decreased to HKD 1,109,716,000 in 2024 from HKD 1,179,728,000 in 2023, a decline of about 5.9%[22] - Revenue from service contracts increased significantly to HKD 1,263,260,000 in 2024, up from HKD 1,180,697,000 in 2023, marking an increase of approximately 7.0%[22] - Product sales decreased by 5.9% to HKD 1,109.7 million, while service revenue increased by 7.0% to HKD 1,263.3 million, with respective contributions of 46.8% and 53.2% to total revenue[75] Assets and Liabilities - The total assets of the company as of December 31, 2024, were HK$3,276.4 million, an increase from HK$3,110.9 million in 2023[10] - Non-current liabilities decreased from HKD 176,198,000 in 2023 to HKD 165,430,000 in 2024, a reduction of approximately 6.5%[11] - Current liabilities increased from HKD 757,380,000 in 2023 to HKD 834,083,000 in 2024, an increase of about 10.1%[11] - Total liabilities rose from HKD 933,578,000 in 2023 to HKD 999,513,000 in 2024, reflecting an increase of approximately 7.1%[11] - Total equity and liabilities increased from HKD 3,110,894,000 in 2023 to HKD 3,276,421,000 in 2024, marking a growth of about 5.3%[11] - Net current assets improved from HKD 698,074,000 in 2023 to HKD 828,266,000 in 2024, representing an increase of approximately 18.7%[11] - Total assets less current liabilities increased from HKD 2,353,514,000 in 2023 to HKD 2,442,338,000 in 2024, reflecting a growth of about 3.8%[11] Operational Efficiency - The company reported a significant increase in adjusted operating cash flow, indicating improved operational efficiency[3] - The operating capital ratio was 1.99:1, compared to 1.92:1 in the previous year, indicating a stable financial position[76] - The company has no outstanding borrowings as of December 31, 2024, and all bank loans were fully repaid during the year[76] Future Outlook and Strategy - The company aims to continue expanding its market presence and investing in new technologies to drive future growth[3] - The company plans to enhance its financial reporting by adopting new accounting standards effective from January 1, 2027, which will impact the presentation of financial statements[20] - The company is currently assessing the impact of new accounting standards on its consolidated income statement and cash flow statement structures[20] - The company is set to invest heavily in establishing a leading excellence center in 2024 to promote the integration of domestic and foreign technologies[87] - The company is focusing on industry-specific solutions for public and commercial clients, leveraging big data and analytics tools to drive digital transformation[79] Dividends and Shareholder Information - The proposed final dividend for the year ended December 31, 2024, remains at HKD 3.0 per share, consistent with the previous year[50] - The record date for the proposed final dividend is June 3, 2025, with a suspension of shareholder registration from May 29 to June 3, 2025[100] Corporate Governance - The company has adopted the standard code for securities transactions by directors and confirmed full compliance by all directors for the year ending December 31, 2024[105] - The company has complied with the corporate governance code for the year ending December 31, 2024[106] Employee and Market Expansion - The group employed 1,596 long-term and contract employees as of December 31, 2024, an increase from 1,495 in 2023[98] - The group plans to expand its business in Southeast Asia and has established offices in Malaysia and Australia to enhance its DevSecOps management services[88]
自动系统(00771) - 2024 - 年度业绩