Financial Performance - In 2022, the company recorded a revenue of approximately HKD 310,268,000 from property leasing and management, a decrease from HKD 440,370,000 in 2021[13] - For the year ended December 31, 2022, the company's revenue was HKD 4,501,532,000, a decrease of 5.14% compared to HKD 4,745,367,000 in 2021[24] - The company reported a loss of HKD 252,722,000 for the year, a significant decline from a profit of HKD 403,214,000 in 2021[24] - The loss attributable to shareholders was HKD 119,918,000, compared to a profit of HKD 345,764,000 in the previous year[24] - Basic loss per share was HKD 0.0389, a substantial decrease from earnings of HKD 0.1121 per share in 2021[24] - The decrease in revenue was primarily due to reduced rental income from Shenzhen Aerospace, resulting in impairment losses totaling approximately HKD 718,138,000[38] - The technology industry segment generated revenue of HKD 4,180,912,000, a decrease of 2.51% from HKD 4,288,768,000 in 2021, while operating profit increased by 12.12% to HKD 212,488,000[26] - The PCB business saw a significant profit increase of 58.25%, despite a revenue decline of 5.71% to HKD 1,258,426,000[45] - The smart charger business experienced a revenue drop of 10.15% to HKD 378,380,000, but profit increased by 43.46% to HKD 10,372,000 due to improved cost management[45] - The LCD business revenue grew nearly 4% to HKD 1,104,540,000, but profit decreased by approximately 11% to HKD 51,265,000 due to industry cycle changes and geopolitical factors[45] Investment and Innovation - The company invested in technology innovation and R&D, achieving notable results, including advancements in 3D touch modules and fingerprint recognition technology[15] - The company is investing in advanced manufacturing capabilities, including the construction of a new factory in Huizhou with a total area of approximately 41,000 square meters, expected to be completed by October 2023[29] - The company emphasized the importance of technological innovation as a key driver for future growth and development[15] - The company’s smart research institute has made progress in developing 5G millimeter-wave filter chips, moving towards industrialization[42] - The company plans to enhance production automation and R&D capabilities while actively exploring new markets and managing risks in 2023[44] Environmental Impact - In 2022, the company's direct greenhouse gas emissions (Scope 1) were 1,059 tons of CO2 equivalent, a significant decrease from 63,273 tons in 2021[67] - The company's energy indirect emissions (Scope 2) increased to 148,933 tons of CO2 equivalent in 2022, up from 103,703 tons in 2021[67] - The density of greenhouse gas emissions per employee decreased slightly from 26.7 tons to 26.2 tons of CO2 equivalent per employee[67] - The company strictly adheres to environmental regulations regarding waste management, pollutant discharge, and noise emissions, implementing energy management systems and waste management controls[63][64] - The company has established measures to ensure compliance with various environmental laws, including the Air Pollution Prevention Law and the Solid Waste Pollution Prevention Law[65] - The company emphasizes the importance of proper waste management to prevent negative impacts on the local ecological environment and stakeholder interests[70] - The company has implemented a wastewater treatment system to increase water reuse rates and reduce wastewater discharge[63] - In 2022, sulfur oxide emissions increased to 18.02 kg, up from 8.13 kg in 2021, indicating a need for improved emissions management[66] - The company aims to reduce greenhouse gas emissions by 3% compared to the previous year and to recycle 10% of waste originally destined for landfills[72] - The total electricity consumption decreased from 167,225.9 thousand kWh in 2021 to 147,573.0 thousand kWh in 2022, a decrease of 11.7%[79] - The use of natural gas increased from 1,766.9 thousand kWh in 2021 to 1,989.4 thousand kWh in 2022, an increase of 12.6%[79] - The company has achieved ISO 14001 environmental management system certification and conducts regular third-party audits[80] - The density of hazardous waste per employee increased from 0.43 tons in 2021 to 0.60 tons in 2022, a rise of 39.5%[76] - The company has implemented measures to improve waste gas collection efficiency, resulting in increased monitoring capabilities[72] - The company is committed to disclosing key performance indicators related to emissions and waste generation in annual reports[76] - Total water consumption decreased from 2,003,926 tons in 2021 to 1,536,353 tons in 2022, representing a reduction of approximately 23.3%[88] - Water consumption density per employee improved from 320.8 tons/employee in 2021 to 268.8 tons/employee in 2022, a decrease of about 16.2%[88] - Total packaging material used increased from 2,715 tons in 2021 to 5,351 tons in 2022, an increase of approximately 97.5%[88] Workforce and Employment - The number of male employees decreased from 3,726 in 2021 to 3,332 in 2022, a reduction of approximately 10.6%[100] - The number of female employees decreased from 2,520 in 2021 to 2,383 in 2022, a decline of about 5.4%[100] - In 2022, the total number of employees decreased to 5,715 from 6,246 in 2021, indicating a significant reduction in workforce[121] - The number of workdays lost due to work-related injuries increased to 663 days in 2022, compared to 323 days in 2021[117] - Employee diversity and equal opportunity are emphasized, with a focus on fair recruitment practices regardless of age, gender, or background[91] - Employee training participation remained high, with 100% of employees trained in both 2021 and 2022, although the average training hours varied across employee categories[108] - The employee turnover rate increased significantly in 2022, attributed to challenges in recruitment and an aging workforce in the traditional manufacturing sector[112] - The company has implemented a comprehensive occupational health and safety management system, with regular assessments and training for safety protocols[107] - No fatalities occurred due to work-related incidents over the past three years, maintaining a strong safety record[117] - The company adheres to labor standards, ensuring no employment of child labor and compliance with relevant labor laws[120] Governance and Compliance - The company plans to increase the proportion of female directors on its board from 12.5% to over 20% by 2025[165] - The company held five board meetings in 2022, adhering to its governance policies[164] - The company has established measurable targets for gender diversity in its board composition[165] - The company is committed to maintaining compliance with listing rules regarding board composition and independent directors[173] - The company has implemented measures to review recruitment practices to avoid child and forced labor[43] - The company is focused on enhancing its environmental and social governance practices, including waste reduction and resource efficiency[171] - The company is actively monitoring and managing its environmental impact, including greenhouse gas emissions and waste management[171] - The company has implemented mechanisms to prevent bribery, extortion, fraud, and money laundering, ensuring compliance with various laws related to supply chain management[143] - The company has established a product quality inspection method that includes incoming inspection, in-process inspection, and outgoing inspection to ensure product safety[137] - The company has committed to using environmentally friendly materials in its supply chain to mitigate environmental and social risks[127] - The company’s subsidiaries have received various international certifications, including ISO9001 and ISO14001, demonstrating their commitment to quality and environmental management[137] Shareholder Returns - A final dividend of HKD 0.02 per share was declared for the year 2022 to reward shareholders[25] - The company plans to distribute a final dividend of HKD 0.02 per share for the year 2022, pending approval at the annual general meeting on June 21, 2023[113] - The company received dividends totaling approximately RMB 2,945,800 from its associate company, Shenzhen Ruihua Tai Film Technology Co., Ltd., which it holds a 23.38% stake in[167] Assets and Liabilities - Total assets decreased by 9.50% to HKD 15,265,828,000 as of December 31, 2022, compared to HKD 16,869,162,000 in 2021[182] - Non-current liabilities decreased significantly by 21.94% to HKD 3,321,318,000, while current liabilities increased by 21.90% to HKD 2,159,847,000[185] - The company's net asset value per share is HKD 2.48, reflecting a decrease due to losses incurred during the year[183] - Gross profit margin declined to 21.97% from 22.65% year-on-year[189] - Cash and bank balances as of December 31, 2022, amounted to HKD 2,021,327,000, primarily in HKD and RMB[190] - Administrative expenses increased by 8.37% to HKD 451,894,000, mainly due to rising labor costs and depreciation[196] - The company has no significant contingent liabilities other than those mentioned, related to a claim from a major tenant[186] - The company is actively working on improving property rental rates through partnerships and enhanced marketing efforts[180] - The company has pledged properties valued at approximately RMB 1,900,000,000 to secure a loan of RMB 1,300,000,000[193] - Return on equity decreased to -2.58% from 3.72% year-on-year[199]
航天控股(00031) - 2022 - 年度财报