Financial Performance - Revenue for the six months ended September 30, 2025, was HKD 823,159,000, representing a 9.7% increase from HKD 750,422,000 in the same period of 2024[4] - Gross profit increased to HKD 160,197,000, up 12.6% from HKD 142,234,000 year-on-year[4] - Operating profit surged to HKD 18,896,000, compared to HKD 1,115,000 in the previous year, marking a significant improvement[4] - Net profit for the period was HKD 15,337,000, a substantial increase from HKD 1,214,000 in the prior year[5] - Basic and diluted earnings per share rose to HKD 3.4, compared to HKD 0.3 in the same period last year[4] - The company reported a total comprehensive income of HKD 15,635,000 for the period, compared to HKD 4,439,000 in the previous year[5] - For the six months ended September 30, 2025, the company reported a net cash inflow from operating activities of HKD 47,715,000, compared to a net outflow of HKD 39,809,000 for the same period in 2024[9] - The company reported a profit before tax of HKD 21,163,000 for the period, compared to a loss in the previous year[21] - The company recorded unaudited consolidated revenue of approximately HKD 823,159,000 for the six months ended September 30, 2025, representing a 9.7% increase from HKD 750,422,000 in the same period last year[53] - The company reported an unaudited net profit of approximately HKD 15,337,000, a significant increase of about 1,163.3% compared to HKD 1,214,000 in the previous year[54] - The unaudited basic earnings per share for the interim period was approximately HKD 0.034, an increase of 1,033.3% from HKD 0.003 in the same period last year[54] Revenue Breakdown - Revenue from sales of goods was HKD 726,292,000, up from HKD 695,706,000, reflecting a growth of 4.3%[17] - The electronic payment services revenue increased to HKD 1,424,000 from HKD 1,337,000, marking a growth of 6.5%[17] - The company’s revenue from the leasing business was HKD 19,898,000, down from HKD 31,086,000, indicating a decline of 36.3%[17] - Revenue from a major customer in the high-tech products distribution and services segment was HKD 83,860,000, accounting for more than 10% of total revenue[29] - The electronic payment solutions segment's revenue increased by 6.5%, benefiting from the expansion of offline payment services since December 2024[53] - Revenue from sales support services and other services increased by 301.2% to approximately HKD 70,988,000, up from HKD 17,693,000 in the same period last year[56] - Parts and software sales rose by 124.8% to approximately HKD 94,685,000, compared to HKD 42,124,000 in the same period last year[56] - The leasing business recorded an overall revenue of HKD 53,917,000, a decrease of 23.7% from HKD 70,652,000 in the same period last year[58] - Operating lease revenue was approximately HKD 19,898,000, down 36.0% from HKD 31,086,000 in the same period last year, indicating a significant decline in the leasing business[58] Assets and Liabilities - Total assets increased to HKD 2,118,693,000 from HKD 1,957,197,000 as of March 31, 2025[6] - Total equity rose to HKD 1,378,566,000, up from HKD 1,362,931,000 at the end of the previous reporting period[6] - Current liabilities increased to HKD 715,722,000 from HKD 562,288,000, indicating a rise in short-term obligations[7] - Cash and cash equivalents increased to HKD 353,292,000 from HKD 321,450,000, reflecting improved liquidity[6] - As of September 30, 2025, trade receivables amounted to HKD 352,931,000, an increase from HKD 316,336,000 as of March 31, 2025, representing a growth of 11.5%[38] - The net amount of trade receivables and notes receivable was HKD 357,353,000 as of September 30, 2025, compared to HKD 349,004,000 as of March 31, 2025, indicating a slight increase of 2.7%[39] - Trade payables and notes payable totaled HKD 235,841,000 as of September 30, 2025, an increase from HKD 206,493,000 as of March 31, 2025, representing a growth of 14.2%[43] - Contract liabilities rose to HKD 290,102,000 as of September 30, 2025, compared to HKD 244,883,000 as of March 31, 2025, indicating an increase of 18.4%[43] - As of September 30, 2025, the group's debt-to-asset ratio was 34.9%, up from 30.4% on March 31, 2025[69] Capital Expenditure and Investments - The company’s capital expenditure for the period was HKD 40,797,000, a decrease from HKD 87,225,000 in the previous year[9] - The total capital expenditure for the period ending September 30, 2025, was HKD 747,262,000, a decrease from HKD 770,410,000 as of April 1, 2024, reflecting a decline of 3%[8] - The company’s total assets include significant investments in property, plant, and equipment, as well as intangible assets and trade receivables[18] Corporate Governance and Compliance - The company maintains high corporate governance standards in compliance with GEM Listing Rules, with no known deviations from the code during the reporting period[81] - All directors confirmed compliance with the required standards for securities trading during the six months ending September 30, 2025[82] - An Audit Committee has been established, consisting of three independent non-executive directors, to ensure adequate financial controls and monitor the integrity of financial reporting[83] Market Outlook and Strategy - The company plans to strengthen and expand its business layout in Southeast Asia to provide better regional support for customers amid ongoing geopolitical dynamics[63] - The high-tech product distribution and services segment expects continued order growth, driven by the rapid development of AI laptops, AI-enabled smartphones, electric vehicle production, and the Internet of Things[66] - By 2025, the flagship surface mount technology (SMT) module NXT III will transition to the next-generation model NXT-R, which is expected to significantly increase orders for upgrades and replacements in the coming months[66] - The leasing segment aims to strengthen customized service capabilities and focus on parts and domestic alternatives to help customers reduce costs and enhance service value amid increased competition and pricing pressure[67] Employee and Shareholder Information - As of September 30, 2025, the group employed 369 staff, with total employee costs for the six months ending September 30, 2025, amounting to approximately HKD 72.22 million[72] - The major shareholder, Sky Virtue Holdings Limited, holds approximately 56.55% of the company's shares as of September 30, 2025[74] - As of September 30, 2025, the total number of issued ordinary shares is 454,509,311[77] - The 2023 Share Option Scheme was approved by shareholders on September 7, 2023, allowing the board to grant options to eligible participants for a period of ten years[78] - No share options were granted under the 2023 Scheme as of September 30, 2025, with a total of 45,450,931 options available for grant[78] - The company did not purchase, sell, or redeem any of its listed securities during the six months ending September 30, 2025[80]
北亚策略(08080) - 2026 - 中期业绩