Financial Performance - Total revenue for the year ended March 31, 2022, was approximately HKD 420.5 million, an increase of 14.0% from HKD 368.7 million in the previous year[6]. - The net profit attributable to shareholders for the year was HKD 1,156.2 million, a significant increase of 249.5% compared to HKD 330.8 million in 2021[6]. - Basic earnings per share for the year were HKD 12.26, up from HKD 3.43 in the previous year[11]. - The group's total equity attributable to shareholders increased to HKD 14,508 million from HKD 13,298 million in the previous year[11]. - The company's profit attributable to shareholders for the year ended March 31, 2022, was HKD 1,156,200,000, compared to HKD 330,800,000 in the previous year, representing a significant increase[43]. - Total revenue for the year was HKD 420,500,000, an increase of HKD 51,800,000 from HKD 368,700,000 in the previous year[43]. - The group's total revenue from property sales, including contributions from joint ventures, was HKD 2,426,200,000, up from HKD 1,732,100,000 in the previous year[43]. Debt and Liquidity - The group's external borrowings totaled approximately HKD 11,309.4 million, down from HKD 11,939.0 million the previous year, with a debt-to-asset ratio of 39.0%[8]. - The group maintained a strong liquidity position with bank balances and cash amounting to approximately HKD 3,479.3 million, compared to HKD 1,500.8 million the previous year[7]. - The net asset value attributable to shareholders, including revaluation surplus from properties, was HKD 20,896.3 million[14]. - The group has pledged assets totaling HKD 10.65 billion as collateral for bank financing, which includes properties, plant and equipment, and investment properties[25]. Dividends - The proposed final dividend per share remained at HKD 0.42, consistent with the previous year[11]. - The company did not declare an interim dividend during the year[200]. - The board recommends a final dividend of HKD 0.42 per share for the year ended March 31, 2022, totaling approximately HKD 39.4 million[200]. - The total amount for the previous year's final dividend was HKD 39.9 million[200]. Employee and Workforce - The group employed a total of 115 staff as of March 31, 2022, an increase from 105 staff in the previous year[20]. - The total number of employees increased by 10% from 105 to 115 in the fiscal year 2021/2022[174]. - The overall employee turnover rate rose to 25%, up from 19% in the previous year, representing a 29% increase[176]. - The percentage of female employees increased from 51% to 55%, marking a 17% rise[174]. - 5% of employees received training during the reporting period, all of whom were senior male management, with an average training time of 0.25 hours[178]. Corporate Governance - The company adheres to high standards of corporate governance, complying with Bermuda Company Law and the Hong Kong Stock Exchange Listing Rules[62]. - The board consists of six executive directors and four independent non-executive directors, with at least one having appropriate professional qualifications[66]. - All independent non-executive directors have confirmed their independence, and the nomination committee has reviewed their independence annually[71]. - The company has adopted the standard code for securities transactions by directors, ensuring compliance by all directors for the fiscal year ending March 31, 2022[64]. - The board meets regularly, with all executive directors attending 100% of board meetings held during the year[68]. - The company has not appointed a CEO, believing the current management structure effectively supports operations and business development[69]. - The company provides ongoing professional development for directors, ensuring they are updated on regulatory changes and company operations[72]. Environmental, Social, and Governance (ESG) Initiatives - The company’s environmental, social, and governance (ESG) report aims to provide stakeholders with a clear understanding of its policies and performance[105]. - The company is committed to supporting national net-zero goals and will explore additional strategies to facilitate this transition[110]. - The company aims to reduce greenhouse gas emissions and waste generation through sustainable building strategies and material procurement[123]. - Several projects have received green building certification from the Hong Kong Green Building Council, reflecting the company's commitment to minimizing environmental impact[124]. - The company has implemented various measures to enhance information transparency and preparedness, including providing the latest financial reports and communications on its website[113]. - The company actively engages with stakeholders to understand their expectations and priorities regarding ESG matters[116]. - The company recognizes the importance of community support and corporate social responsibility in its operations[116]. Sustainability and Environmental Impact - The company achieved a significant milestone by converting most of its public area lighting to LED lights, contributing to its environmental goals[110]. - The company has reduced direct greenhouse gas emissions (Scope 1) from 42.58 tCO2e in 2020/21 to 35.92 tCO2e in 2021/22, a decrease of 16%[136]. - Indirect greenhouse gas emissions (Scope 2) decreased from 84.19 tCO2e in 2020/21 to 67.96 tCO2e in 2021/22, representing a 19% reduction[136]. - Total greenhouse gas emissions decreased from 138.08 tCO2e in 2020/21 to 114.42 tCO2e in 2021/22, a reduction of 17%[136]. - The company has implemented energy-saving measures, resulting in a 25% decrease in greenhouse gas emissions intensity per employee, from 1.32 tCO2e to 0.99 tCO2e[136]. - The company has installed electric vehicle charging stations to encourage residents to switch from gasoline or diesel vehicles to electric vehicles, thereby reducing greenhouse gas emissions[127]. - The company has adopted green procurement principles, prioritizing environmentally friendly products and services from suppliers with ISO 14001 certification[139]. Strategic Development and Projects - The luxury residential segment has performed well, with significant sales from the "Royal" project, which has been well-received by affluent local families[32]. - The company plans to launch multiple major residential pre-sale projects in the second quarter of 2023, targeting the mass market[32]. - The successful luxury residential project "Jin Yu Dong Hua" in Beijing has strengthened the company's market position, reflecting strong demand from the affluent class[39]. - The company has established a new joint venture with the Canada Pension Plan Investment Board for the redevelopment of the Novotel hotel project in Jordan, marking a significant strategic partnership[35]. - The group aims to enhance its investment portfolio in Central and is actively seeking redevelopment opportunities in existing commercial properties despite challenges from social restrictions[35]. - The company is expanding its residential land portfolio in the Northern Metropolis of Hong Kong, including a 400,000 square feet redevelopment project in Yuen Long and a 1 million square feet joint project in Kwu Tung, where the company holds a 40% stake[55].
资本策略地产(00497) - 2022 - 年度财报