Financial Performance - Total revenue for the fiscal year ending September 30, 2025, increased by 37.3% to HKD 729.9 million, compared to HKD 531.6 million in 2024[5] - Revenue from the global financial markets segment surged by 94.5% to HKD 540.7 million, accounting for 74.1% of total revenue[10] - Net profit rose significantly by 121.4% to HKD 146.9 million, up from HKD 66.4 million in the previous year[6] - Total revenue for the year ended September 30, 2025, was HKD 729,872,000, an increase from HKD 531,628,000 in 2024, representing a growth of approximately 37.2%[22] - The group reported a pre-tax profit of HKD 146,926,000 for the year, compared to HKD 66,130,000 in 2024, reflecting a significant increase[22] - Basic earnings per share for the year were HKD 0.0218, up from HKD 0.0098 in 2024[22] - The company reported a pre-tax profit of HKD 146,936,000 for 2025, compared to HKD 66,361,000 in 2024, marking a 109.5% increase[45] - Basic earnings per share increased to HKD 2.18, up from HKD 0.98 in 2024, reflecting a growth of 122.4%[45] Revenue Breakdown - Commission and fee income contributed HKD 495,788,000, while interest income accounted for HKD 234,084,000, indicating strong performance in financial markets and lending segments[32] - The segment performance for financial markets showed a profit of HKD 66,554,000, while the lending segment reported HKD 110,309,000, leading to a total segment profit of HKD 178,513,000[33] - Commission and fee income from securities trading rose to HKD 84,425,000, up 53.1% from HKD 55,138,000 in 2024[39] - Interest income from margin financing and IPOs increased to HKD 55,291,000, up 27.0% from HKD 43,549,000 in 2024[39] Asset and Liability Management - As of September 30, 2025, the group's current assets and current liabilities were HKD 5,703,300,000 and HKD 2,304,300,000, respectively, compared to HKD 4,977,100,000 and HKD 1,813,500,000 in 2024[14] - The group reported a total cash and bank balance of HKD 2,353,800,000 as of September 30, 2025, up from HKD 1,520,800,000 in 2024[14] - Total assets increased to HKD 5,703,284 thousand in 2025, up from HKD 4,977,052 thousand in 2024, representing a growth of approximately 14.6%[23] - Current liabilities rose to HKD 2,304,295 thousand in 2025, compared to HKD 1,813,521 thousand in 2024, marking an increase of about 27.1%[23] - Net current assets improved to HKD 3,398,989 thousand in 2025, up from HKD 3,163,531 thousand in 2024, reflecting a growth of approximately 7.4%[23] - Non-current assets decreased to HKD 221,345 thousand in 2025 from HKD 296,774 thousand in 2024, a decline of about 25.4%[23] - The company’s total liabilities increased to HKD 3,482,128 thousand in 2025, up from HKD 2,267,746 thousand in 2024, reflecting a rise of approximately 53.4%[23] Impairment and Provisions - The impairment provision decreased by 72.8% to HKD 43.2 million, compared to HKD 158.9 million in 2024[5] - The impairment provision for the year was HKD 43,200,000, significantly lower than HKD 158,900,000 in 2024[16] - The group recognized a net impairment provision of approximately HKD 113,400,000 for loans and advances due to credit impairment stages[18] - Impairment provisions for loans and advances decreased to HKD 913,633,000 in 2025 from HKD 840,261,000 in 2024, indicating improved asset quality[48] Corporate Actions and Future Outlook - The company completed the acquisition of Crosby Asia Limited, enhancing its institutional financial services and research capabilities[10] - The outlook for the company remains positive, with expectations of increased IPO applications driven by Chinese tech companies attracting global investors[13] - The company plans to strengthen its global financial markets team to drive growth in brokerage, wealth management, and asset management services[13] - The successful implementation of the new Capital Investment Entrant Scheme (CIES) is expected to provide significant opportunities for tailored investment services[9] Dividend and Shareholder Information - The board has decided not to recommend any final dividend for the year, consistent with 2024[21] - The company did not declare any dividends for 2025, consistent with 2024[44] - The company’s issued and paid-up share capital remains at HKD 67,408,000 as of September 30, 2025, unchanged from the previous year[57] Compliance and Governance - The independent auditor confirmed that the financial statements for the year ended September 30, 2025, are in accordance with applicable accounting standards[60] - The company has adopted its own code of conduct for securities trading, which meets or exceeds the standards set out in the Listing Rules Appendix C3[62] - The annual performance announcement has been published on the Hong Kong Stock Exchange website and the company's website[64]
英皇资本(00717) - 2025 - 年度业绩