Financial Performance - The total revenue for the year ended June 30, 2022, was HKD 295,561,000, a decrease of 12.9% compared to HKD 339,436,000 for the previous year[2]. - The gross profit for the year was HKD 50,826,000, resulting in a gross margin of approximately 17.2%[2]. - The operating profit for the year was HKD 15,656,000, compared to an operating loss of HKD 32,543,000 in the previous year[2]. - The net profit attributable to shareholders for the year was HKD 40,701,000, a significant recovery from a loss of HKD 67,797,000 in the prior year[3]. - The total comprehensive income for the year was HKD 38,050,000, compared to a loss of HKD 66,926,000 in the previous year[3]. - Basic earnings per share for continuing operations were HKD 7.70, compared to a loss per share of HKD 28.55 in the previous year[6]. - The company reported a significant reduction in financing costs, down to HKD (996,000) from HKD (14,466,000) in the previous year[2]. - The company reported a pre-tax profit of 41,375,000 HKD for the year ending June 30, 2022, compared to a loss of 67,786,000 HKD for the previous period[45]. - Total income tax expense increased to 2,710,000 HKD for the year ending June 30, 2022, from 2,355,000 HKD in the previous period[41]. - The company did not declare any final dividend for the year ending June 30, 2022, consistent with the previous period[42]. Assets and Liabilities - The company's total assets as of June 30, 2022, were HKD 239,639,000, down from HKD 395,103,000 in the previous year[7]. - The cash and cash equivalents decreased to HKD 99,191,000 from HKD 248,778,000 year-over-year[7]. - The company's equity attributable to shareholders increased to HKD 188,336,000 from HKD 149,479,000 in the previous year[8]. - As of June 30, 2022, total liabilities and equity amounted to HKD 239,639,000, a decrease from HKD 395,103,000 in the previous year[9]. - Current liabilities, including trade payables, were reported at HKD 52,063,000, compared to HKD 244,194,000 in the previous year[9]. - The total value of assets, net of current liabilities, was HKD 187,576,000, up from HKD 150,909,000 in the previous year[9]. - The company reported a significant increase in accrued expenses and other payables, rising to HKD 13,254,000 from HKD 30,445,000[9]. - The company's total liabilities as of June 30, 2022, were HKD 52,063 million, with the largest portion attributed to service and investment business liabilities (HKD 23,731 million)[21]. Revenue Breakdown - Total revenue for the year ending June 30, 2022, was HKD 295,561,000, with contributions from various segments including HKD 115,510,000 from trading and HKD 133,227,000 from commodity trading[16]. - Revenue from external customers amounted to HKD 295,561,000, indicating a strong performance across all business segments[16]. - Revenue from Hong Kong for the year ended June 30, 2022, was HKD 54,979 million, a decrease from HKD 102,964 million in the previous year[24]. - Revenue from Mainland China for the year ended June 30, 2022, was HKD 133,227 million, slightly down from HKD 141,519 million in the previous year[24]. - Revenue from Malaysia increased significantly to HKD 107,022 million in the year ended June 30, 2022, compared to HKD 55,625 million in the previous year[24]. - The group's income from asset management for the year ended June 30, 2022, was HKD 46,302,000, while consulting income was HKD 189,000, showing a significant decrease from HKD 567,000 in the previous period[31]. Operational Highlights - The company has six reporting segments, including securities brokerage and asset management, lending business, and commodity trading[14]. - The company has ceased operations in the security product trading and security service provision segment in the previous period[14]. - The company plans to focus on expanding its trading services and enhancing its asset management capabilities in the upcoming fiscal year[16]. - The company aims to improve its operational efficiency and reduce administrative expenses to enhance profitability in future periods[16]. - The group is exploring business expansion and investment management opportunities in other countries and regions, focusing on technological innovations in asset management[79]. - The group initiated its lending business by providing a loan of HKD 2 million to an independent third-party borrower, which has since defaulted, resulting in a loss of HKD 2 million recorded in the profit and loss statement[81]. Impairment and Losses - The company reported a significant impairment loss of HKD 3,387,000 related to the right-of-use assets, indicating potential challenges in asset management[18]. - The company recognized a significant impairment loss on accounts receivable related to the sale of subsidiaries, totaling 122,555,000 HKD[48]. - The company recorded a loss of 3,952 thousand HKD from the sale of Dewei Kexin, contributing to a total revenue from subsidiary sales of 13,932 thousand HKD[67]. - The company recorded a loss of HKD 5,036 million from discontinued operations during the reporting period[73]. - The revenue from the sale of subsidiaries was HKD 488 million, while the loss from discontinued operations was HKD (5,036) million[72]. Shareholder Information - The total number of ordinary shares issued as of June 30, 2022, was 537,245,000 shares[43]. - The total issued share capital was 1,000,000,000 shares as of June 30, 2022, following a share consolidation[52]. - The company raised approximately HKD 18,146,000 from the placement of 181,463,440 shares at HKD 0.1 per share in April 2020[53]. - The company issued 118,259,944 shares at a subscription price of HKD 0.71 per share, raising approximately HKD 83,965,000[54]. - The company announced a rights issue where shareholders received 3 shares for every 1 share held at a subscription price of HKD 0.71 per share, raising approximately HKD 286 million in total proceeds[87]. Corporate Governance and Compliance - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards and historical cost convention[11]. - The audit committee has reviewed the annual performance and confirmed compliance with applicable accounting standards[101]. - The company has adhered to the corporate governance code, with no CEO appointed as of June 30, 2022, and responsibilities managed by the board's executive committee[99]. - The annual general meeting is scheduled for December 15, 2022, in Hong Kong[103]. - The annual performance announcement will be published on the company's website and the Hong Kong Stock Exchange website[104]. Future Outlook - Future outlook remains cautious due to market volatility and economic uncertainties, with a focus on maintaining operational efficiency and exploring strategic partnerships[20]. - The group is well-positioned to seize future opportunities as the community vaccination rate increases and the pandemic is controlled[97].
INTLGENIUS(00033) - 2022 Q4 - 年度财报