英皇国际(00163) - 2022 - 年度财报

Financial Performance - Total revenue for the year ended March 31, 2022, was HK$2,329,324,000, representing a 76.9% increase from HK$1,317,082,000 in 2021[13] - Underlying profit attributable to the owners of the Company rose by 16.4% to HK$32,279,000 from HK$27,738,000[20] - The final dividend per share increased by 33.3% to HK$0.016 from HK$0.012 in the previous year[23] - Gross profit for the year was HK$813,293,000, a 25.6% increase compared to HK$647,342,000 in 2021[18] - The company reported a loss attributable to the owners of HK$469,329,000, an improvement from a loss of HK$767,448,000 in the previous year[21] - Basic loss per share improved to HK$0.13 from HK$0.21[29] - Total dividends for the year amounted to HK$0.041 per share, up 70.8% from HK$0.024 per share in 2021[29] Revenue Sources - Property sales significantly increased to HK$1,025,152,000, up 1,147.0% from HK$82,208,000 in the previous year[15] - Revenue from property development sales surged 1,147.0% to HK$1,025.2 million, accounting for 44.0% of total revenue[27] - Hotel and hotel-related operations revenue increased by 18.9% to HK$399,770,000 from HK$336,150,000[17] - Rental income remained stable at HK$904,402,000, a slight increase of 0.6% from HK$898,724,000[13] - Hospitality segment revenue increased by 18.9% to HK$399.8 million, representing 17.2% of total revenue[28] Property Development and Investment - The Group's property portfolio covers over 5,700,000 square feet in Greater China and the United Kingdom[40] - The redevelopment project at No. 81 Lockhart Road has been transformed into a Grade-A office building with a gross floor area of approximately 126,600 square feet[44] - The Group aims to diversify its rental income streams by expanding its property portfolio geographically beyond Greater China to the United Kingdom[41] - The Group completed the disposal of New Media Tower and Toppy Tower for HK$485.7 million and HK$580.5 million, respectively, contributing to total net proceeds of approximately HK$1,486.4 million from various property disposals[50] - The redevelopment project at Nos. 25-27 Oxford Street in London was completed in early 2021, now offering a gross floor area of approximately 19,300 square feet for retail and office use[59] Financial Position - As of March 31, 2022, the Group's net asset value was HK$26,765.8 million, down from HK$27,069.5 million in 2021, with net asset value per share decreasing to HK$7.28 from HK$7.36[87] - The Group's cash, bank balances, and bank deposits totaled HK$1,567.2 million as of March 31, 2022, a significant decrease from HK$4,133.9 million in 2021[87] - Total external borrowings were approximately HK$22,711.0 million as of March 31, 2022, down from HK$27,284.4 million in 2021, resulting in a net gearing ratio of 38.7%, slightly up from 38.4% in 2021[87] Strategic Initiatives - The Group's strategy includes providing quality residential properties in prime urban areas, with a steady development pipeline established for medium-term contributions to residential sales[60] - The Group aims to strengthen its core businesses while exploring new and emerging markets to cater to younger customers[95] - The Group has diversified its office and retail property investment portfolios into various districts in Hong Kong to maintain steady rental income[85] Leadership and Governance - The Group's leadership includes members with extensive backgrounds in finance, law, and corporate governance, ensuring a well-rounded management team[103][104] - The Managing Director is also responsible for overseeing financial management and has diversified experience across multiple industries[98] - The Executive Director is tasked with guiding the Group's long-term strategic development to achieve synergies among its businesses[95] Corporate Social Responsibility - The Group has a commitment to corporate social responsibility, promoting charitable sponsorship in areas such as youth development and environmental protection[95] Shareholder Information - Ms. Luk Siu Man holds 2,747,610,489 shares, representing 74.71% of the issued voting shares, as an interest of spouse[156] - Mr. Yeung Ching Loong also holds 2,747,610,489 shares, representing 74.71% of the issued voting shares, as an eligible beneficiary of a private discretionary trust[158] - The Group paid an interim dividend of HK$0.015 per share, totaling approximately HK$55.2 million, compared to HK$0.012 per share and HK$44.1 million in the previous year[113] Market Conditions - The easing of the pandemic situation and the resumption of normal activities are expected to create favorable conditions for the revival of consumption and business sentiments[81] - The Federal Reserve's interest rate hike in June 2022 and uncertainties in China's economic development may hinder economic recovery in the near term[81]