Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 2,196,240, slightly up from HKD 2,191,881 in 2023, representing a growth of 0.2%[3] - The pre-tax loss for the year was HKD 12,273,262, a significant improvement from a loss of HKD 28,381,550 in the previous year, reflecting a reduction of 56.7%[3] - Basic and diluted loss per share improved to HKD (0.0044) from HKD (0.0104) in 2023, indicating a 57.5% reduction in loss per share[3] - The company reported a loss attributable to equity holders of approximately HKD 12,010,000 for the year ended December 31, 2024, compared to a loss of HKD 28,330,000 in 2023, representing a significant improvement[26] - Basic loss per share for 2024 was HKD 0.0044, down from HKD 0.0104 in 2023, indicating a reduction in losses per share[19] - The fair value loss on financial assets recorded was approximately HKD 6,170,000, contributing to the overall loss for the year[26] Assets and Liabilities - The net asset value decreased to HKD 62,176,632 from HKD 74,191,021, a decline of 16.2% year-over-year[4] - Cash and bank balances increased to HKD 287,680 from HKD 265,674, showing a growth of 8.3%[4] - Other receivables, deposits, and prepayments rose significantly to HKD 9,844,896 from HKD 4,337,202, marking an increase of 127.5%[4] - The total equity of the group as of December 31, 2024, was approximately HKD 62,180,000, a decrease from HKD 74,190,000 in 2023[31] - Total liabilities as of December 31, 2024, amounted to approximately HKD 580,000, compared to HKD 360,000 as of December 31, 2023[32] - The capital-to-debt ratio as of December 31, 2024, was approximately 0.94%, up from 0.47% as of December 31, 2023[32] Dividends - The company did not declare any dividends for the year, consistent with the previous year[3] - The company did not recommend a final dividend for the year ended December 31, 2024, consistent with the previous year[20] - The company did not recommend any final dividend for the year ending December 31, 2024, consistent with the previous year[34] Operational Insights - The group operates solely in the Hong Kong market, with all income derived from equity securities investments[13] - The company has not disclosed any major customer information due to the nature of its business, which does not generate revenue from external clients[13] - The company sold a group of subsidiaries for HKD 200,000, resulting in a loss on sale of HKD 472,674[27] - The fair value of financial assets at fair value through profit or loss was approximately HKD 52,880,000 as of December 31, 2024, down from HKD 70,460,000 in 2023[31] - Other receivables increased significantly to HKD 9,641,875 in 2024 from HKD 1,725,805 in 2023[21] - Administrative and operational expenses decreased primarily due to a reduction of approximately HKD 1,380,000 in legal and professional fees related to investment projects[33] - Total employee costs for the reporting period were approximately HKD 2,110,000, down from HKD 2,410,000 in the previous year[41] - The company has not entered into any contracts to hedge foreign exchange risks, as most assets and liabilities are denominated in HKD[37] - The company did not conduct any significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the reporting period[40] - The company has complied with the corporate governance code as per the listing rules during the reporting period[43] - There were no significant post-reporting date events up to the date of this announcement[45] Economic Outlook - The outlook for Hong Kong's economy in 2025 is expected to show moderate growth, influenced by local and global factors, including the recovery of the Chinese economy[29]
鼎立资本(00356) - 2024 - 年度业绩