Financial Performance - For the six months ended March 31, 2025, the company reported a revenue of HKD 48,513,038, a significant decrease from HKD 278,058 in the same period last year[5] - The operating loss for the period was HKD 5,348,755, compared to an operating profit of HKD 21,414,362 in the previous year[5] - The loss before tax amounted to HKD 7,230,443, a decline from a profit of HKD 18,179,019 in the prior year[5] - The company reported a basic and diluted loss per share of HKD 1.61, compared to earnings of HKD 4.38 in the same period last year[5] - For the six months ended March 31, 2025, the net loss from financial assets measured at fair value through profit or loss was HKD 3,760,839, compared to a net loss of HKD 623,723 for the same period in 2024[14] - The group reported a pre-tax loss of HKD 7,230,443 for the six months ended March 31, 2025, compared to a profit of HKD 18,384,344 for the same period in 2024[23] - The net loss attributable to equity holders for the period was approximately HKD 7,200,000, an improvement from a loss of HKD 18,400,000 in the previous year[36] Cash Flow and Assets - The net cash used in operating activities was HKD 9,578,422, an improvement from HKD 17,979,171 in the previous year[9] - The total assets as of March 31, 2025, were HKD 300,470,237, compared to HKD 209,094,102 as of September 30, 2024[6] - The company's cash and cash equivalents decreased to HKD 17,558,378 from HKD 25,178,400 in the previous period[9] - The total equity as of March 31, 2025, was HKD 300,275,695, a decrease from HKD 307,506,138 as of September 30, 2024[6] - The company's net asset value as of March 31, 2025, was approximately HKD 300,275,695, a decrease of about 2.3% from HKD 307,506,138 on September 30, 2024[31][37] - The fair value of listed equity securities held as of March 31, 2025, was HKD 162,695,114, down from HKD 172,568,448 as of September 30, 2024[25] Share Capital and Dividends - The company did not declare any dividends for the period[5] - The group did not recommend any interim dividend for the six months ended March 31, 2025, consistent with the previous year[22] - The company's issued and paid-up share capital increased to 450,128,249 shares as of March 31, 2025, from 420,128,249 shares on September 30, 2024[31] - The company's issued share capital increased from 420,128,249 shares to 450,128,249 shares due to the conversion of convertible bonds[51] Expenses and Liabilities - The total administrative expenses for the six months ended March 31, 2025, were HKD 5,070,697, compared to HKD 7,589,623 in the same period of 2024[19] - The interest expense for the six months ended March 31, 2025, was HKD 1,881,688, compared to HKD 3,235,343 in the previous year[19] - As of March 31, 2025, the total margin loans and debts amounted to approximately HKD 153,900,000, with an annual interest rate ranging from 7.7% to 15.5%[51] Investments - The group holds significant investments, including 607,800,000 shares of Huilong Holdings valued at approximately HKD 23,700,000, representing 6.9% of total assets[42] - The investment in Japan Symbiosis Group is valued at approximately HKD 22,400,000, with a loss of HKD 1.6 million recognized in the last six months[42] - The bond investment in Jinhui Hong Kong Limited amounts to HKD 52.5 million, accounting for 15.3% of total assets[42] - The company reported realized losses of approximately HKD 3,800,000 from the sale of shares in Sprocomm Intelligence Limited and Japan Synergy Group Limited[38][39] - The company maintained its bond portfolio during the period, recording bond interest income of approximately HKD 6,600,000[40] Governance and Compliance - The audit committee consists of all independent non-executive directors and has reviewed the company's accounting principles and practices[60] - The company has adopted the standard code for securities transactions by directors and confirmed full compliance during the period[61] - The company has adhered to the corporate governance code, with a noted deviation regarding the separation of the roles of chairman and CEO[62] Market Outlook - The company anticipates no significant improvement or decline in the global investment market for the remainder of the year due to the complex political environment[40] Employee and Operational Information - The total employee cost (excluding directors' remuneration) is approximately HKD 1,100,000, with 7 employees as of March 31, 2025[50] - The group has not entered into any foreign currency hedging contracts during the period, maintaining no open foreign currency hedging contracts as of March 31, 2025[48] - The group did not acquire or dispose of any fixed assets during the reporting period[24] - There were no significant investments or capital asset plans as of March 31, 2025[53] - No stock options were granted during the six months ended March 31, 2025[57] - The company did not repurchase, redeem, or sell any of its listed securities during the six months ended March 31, 2025[59]
首都创投(02324) - 2025 - 中期业绩