Financial Performance - Total revenue for the year ended March 31, 2025, was HKD 5,824,959, a slight decrease of 0.2% from HKD 5,837,373 in 2024[2] - Gross profit increased by 0.6% to HKD 1,597,207, with a gross margin of 27.4%, up from 27.2%[2] - Operating profit decreased by 18.7% to HKD 535,720, resulting in an operating margin of 9.2%, down from 11.3%[2] - Net profit for the year was HKD 403,041, a decline of 22.2% compared to HKD 517,739 in the previous year, with a net margin of 6.9%[2] - Basic and diluted earnings per share fell by 27.2% to HKD 25.7 from HKD 35.3[2] Assets and Liabilities - Total assets increased by 9.2% to HKD 11,914,252, compared to HKD 10,905,823 in 2024[2] - Total liabilities increased to HKD 7,797,698 thousand in 2025 from HKD 6,889,724 thousand in 2024, a rise of 13.2%[7] - Cash and cash equivalents decreased significantly by 34.3% to HKD 1,560,253 from HKD 2,375,176[2] - Total borrowings increased by 19.9% to HKD 2,148,860, up from HKD 1,792,919[2] Segment Performance - For the fiscal year ending March 31, 2025, the total revenue from external sales in the CNC segment was HKD 5,824,959, with contributions of HKD 3,866,558 from die-casting machines, HKD 1,757,520 from injection molding machines, and HKD 200,881 from the machining center[16] - The segment performance for CNC showed a profit before tax of HKD 475,801, after accounting for corporate expenses of HKD 18,636, financing income of HKD 18,124, and financing costs of HKD 65,923[16] - The total employee costs for the CNC segment for the fiscal year ending March 31, 2025, were HKD 1,008,530, with HKD 737,272 from die-casting machines, HKD 238,418 from injection molding machines, and HKD 32,840 from the machining center[24] Cash Flow and Investments - Operating cash flow showed a net outflow of HKD 224,810 thousand in 2025, compared to a net inflow of HKD 65,939 thousand in 2024[8] - Investment activities resulted in a cash outflow of HKD 828,216 thousand in 2025, up from HKD 505,103 thousand in 2024[8] - Financing activities generated a net cash inflow of HKD 250,977 thousand in 2025, a significant decrease from HKD 2,225,304 thousand in 2024[8] Research and Development - Research costs increased to HKD 113,337,000 in 2025 from HKD 89,859,000 in 2024, reflecting a growth of approximately 26.1%[28] - The company focuses on customized R&D to address industry pain points, having developed the world's first 6000T die-casting machine for large components[68] Market Trends and Strategic Initiatives - The automotive industry is undergoing a transformation towards electric vehicles, with long-term positive prospects despite a slowdown in growth due to macroeconomic uncertainties in 2024[43] - The company is strategically positioning itself for future market trends by reserving advanced technologies for the next 5-10 years[69] - The company aims to deepen its innovation ecosystem by collaborating with top institutions in material science and exploring new business directions[70] Dividend and Shareholder Information - The group plans to propose a final dividend of HKD 0.045 per share for the year ended March 31, 2025, totaling HKD 61,398,000[34] - The board proposed a final dividend of HKD 0.045 per share for the year ending March 31, 2025, down from HKD 0.05 per share in the previous year[79] Compliance and Governance - The company has maintained compliance with the listing rules and corporate governance codes throughout the reporting period[82] - The audit committee reviewed the consolidated financial statements for the year ending March 31, 2025[84]
力劲科技(00558) - 2025 - 年度业绩