Financial Performance - For the fiscal year ending June 30, 2025, the company reported a basic loss per share of RMB 1.611, compared to a loss of RMB 1.858 in the previous year, representing a decrease of 13.3%[4]. - The company recorded revenue of approximately RMB 75.4 million this year, a decrease of about 55.3% compared to last year's revenue of approximately RMB 168.6 million[13]. - The net loss attributable to the company was approximately RMB 24.0 million, a decrease of about RMB 1.6 million compared to the previous year's net loss[13]. - The group recorded a loss attributable to owners of the company of approximately RMB 24.0 million this year, compared to RMB 25.6 million last year, influenced by the absence of impairment losses on property, plant, and equipment[41]. - The company incurred a net loss of RMB 28,442,000 for the year, compared to a net loss of RMB 25,608,000 in the previous year, reflecting a deterioration in financial performance[65]. - Other comprehensive loss for the year amounted to RMB 29,069,000, compared to RMB 25,517,000 in the previous year, indicating an increase in overall losses[66]. Revenue Breakdown - Revenue from the passion fruit segment increased compared to the previous year, despite a decrease in quantity sold due to improved quality[9]. - The fruit distribution business generated revenue of approximately RMB 28.7 million this year, down approximately 73.0% from last year's revenue of approximately RMB 106.5 million[22]. - The air conditioning distribution business contributed revenue of approximately RMB 42.3 million, down 30.5% from RMB 60.8 million in the previous year[29]. - The planting business contributed revenue of approximately RMB 1.6 million this year, compared to RMB 1.3 million last year[20]. - The consumables and other products sales and distribution business generated revenue of approximately RMB 1.5 million, with no revenue recorded in the previous year[24]. Asset and Liability Changes - Total assets decreased by 9.7% to RMB 144.6 million from RMB 160.1 million in the previous year[5]. - Cash and cash equivalents dropped by 43.5% to RMB 9.5 million, down from RMB 16.8 million[5]. - The company's bank borrowings and other related liabilities amount to approximately RMB 10.8 million, down from RMB 12.0 million in 2024[53]. - Current liabilities increased from RMB 32,458,000 to RMB 43,986,000, an increase of about 35.7% year-over-year[70]. - Total equity decreased from RMB 136,981,000 to RMB 110,852,000, a decline of approximately 19.1% year-over-year[70]. Strategic Focus and Market Outlook - The company remains cautiously optimistic about China's economic recovery and long-term growth potential despite facing challenges in the past year[7]. - The company continues to focus on passion fruit as its main product, improving planting strategies to enhance overall yield and production[8]. - The company is exploring the feasibility of planting watermelon and cantaloupe to expand its revenue sources, although these have not yet generated significant income[8]. - The company plans to cautiously expand its air conditioning distribution business into more regions in China, focusing on potential new locations and market conditions[19]. - The company will continue to explore and seize market opportunities across different business segments while maintaining prudent financial and operational management[14]. Cost and Expense Management - Employee costs increased to approximately RMB 16.8 million this year from RMB 11.3 million last year, an increase of about RMB 5.5 million, primarily due to the establishment of new sales and distribution divisions[36]. - Distribution and other operating expenses rose to approximately RMB 1.6 million this year from RMB 0.5 million last year, attributed to significant logistics costs and after-sales service expenses related to the new consumer product sales[37]. - General and administrative expenses were approximately RMB 17.1 million this year, slightly down from RMB 17.7 million last year, despite one-time consulting fees for establishing an online platform[38]. Shareholder and Capital Management - The board does not recommend a final dividend for the current year[47]. - The company announced a rights issue at a subscription price of HKD 0.035 per share, representing a discount of approximately 33.96% from the last trading price[48]. - A total of 480,467,975 shares were issued through the rights issue, increasing the total number of shares from 2,499,637,884 to 2,980,105,859[48]. - The company has completed a share consolidation, merging every 200 shares with a par value of HKD 0.01 into 1 consolidated share with a par value of HKD 2.00[50]. - Following the share consolidation, the company's issued share capital will be reduced from approximately HKD 29,801,000 to approximately HKD 149,000[50]. Risk Management and Governance - The board acknowledges the need to remain vigilant regarding potential risks due to global political instability and domestic economic challenges in China[14]. - The company has adhered to corporate governance rules and procedures throughout the year[134]. - The audit committee consists of three independent non-executive directors, ensuring effective financial control and risk management[139]. Future Developments - The company is currently assessing the impact of IFRS 18 on its consolidated financial statements, with no significant effects identified so far[81]. - The group is in the early stages of developing a new line of consumer products and services, which has not yet significantly impacted this year's revenue[30]. - The company plans to expand its market presence through strategic acquisitions and partnerships in the upcoming fiscal year[1].
亚洲果业(00073) - 2025 - 年度业绩