Financial Performance - For the year ended December 31, 2022, the group recorded a net loss of approximately HKD 331,187,000, compared to a net profit of approximately HKD 165,130,000 in 2021, primarily due to unrealized losses on financial assets measured at fair value through profit or loss amounting to approximately HKD 206,646,000[1]. - The total comprehensive income for the year was HKD 186,326,000, which includes a foreign exchange gain of HKD 21,196,000 and a loss of HKD 165,130,000[51]. - The company reported a total comprehensive loss of HKD 383,127,000 for the year, compared to a total comprehensive income of HKD 186,326,000 in the previous year[80]. - The company reported a loss attributable to owners of HKD 331,187,000 for the year ended December 31, 2022, compared to a profit of HKD 165,130,000 in the previous year, representing a significant decline[78]. - Total revenue for the year was HKD 252,000, compared to HKD 480,000 in the previous year, indicating a decrease of approximately 47.5%[78]. - The company incurred a net loss of HKD 206,646,000 from unrealized losses on financial assets measured at fair value through profit or loss, contrasting with a gain of HKD 169,202,000 in the previous year[78]. - The basic and diluted loss per share for the year was HKD 23.97, compared to earnings of HKD 12.36 in the prior year[78]. Financial Position - As of December 31, 2022, the total assets amounted to HKD 1,096,692,000, with a capital reserve of HKD 485,318,000 and accumulated losses of HKD 503,489,000[51]. - The company’s total liabilities increased, with borrowings repayment amounting to HKD 131,300,000, up from HKD 93,000,000 in the previous year[56]. - Total equity decreased from HKD 1,272,262 thousand in 2021 to HKD 1,096,692 thousand in 2022, a decline of approximately 13.8%[85]. - Non-current assets decreased from HKD 1,228,647 thousand in 2021 to HKD 1,001,595 thousand in 2022, a decline of approximately 18.5%[83]. - Current assets decreased from HKD 230,692 thousand in 2021 to HKD 215,867 thousand in 2022, a decline of about 6.5%[83]. - Net current assets increased from HKD 95,817 thousand in 2021 to HKD 142,558 thousand in 2022, an increase of about 48.7%[83]. - The company’s share capital increased from HKD 66,394,000 to HKD 71,014,000 over the year[51]. Investment and Financing Activities - The company raised approximately HKD 115,632,000 from the issuance of 37,912,000 shares at a price of HKD 3.05 per share, with 25.3% of the proceeds used for investments in listed securities[13]. - The net cash generated from financing activities was HKD 102,791,000, a significant improvement from a net outflow of HKD 65,481,000 in the previous year[56]. - The company raised HKD 207,557,000 from issuing shares, compared to HKD 17,813,000 in the previous year[56]. - The company reported a decrease in the fair value of financial assets measured at fair value through profit or loss, with a net unrealized loss of HKD 206,646,000[53]. Risk Management and Compliance - The group has established risk management procedures to identify, measure, monitor, and control various risks associated with its investment portfolio[3]. - The board will continue to seek attractive long-term investment opportunities and manage the investment portfolio in light of global financial market volatility[7]. - The company has complied with all applicable regulations under the Cayman Islands Companies Act and the Hong Kong Listing Rules for the year ended December 31, 2022[15]. - The audit committee is composed of independent non-executive directors, ensuring compliance with listing rules[30]. - The company has maintained an effective internal control system to safeguard assets and protect shareholder interests, providing reasonable assurance against material misstatements[118]. Employee and Governance - As of December 31, 2022, the company had 35 employees, an increase from 32 employees in the previous year[35]. - The company’s remuneration policy for employees is aligned with current market practices and is based on individual performance and experience[35]. - The board of directors confirmed compliance with the standards set out in the corporate governance code for the year ended December 31, 2022[32]. - The company has adopted the standard code for securities transactions by directors as per the listing rules[32]. Tax and Deferred Tax - The income tax expense includes both current tax payable and deferred tax, reflecting the company's tax obligations[194]. - Deferred tax assets and liabilities are reviewed at the end of each reporting period, with adjustments made if sufficient taxable profits are not expected to recover these assets[197]. - The calculation of deferred tax assets and liabilities reflects the expected tax consequences of recovering or settling the carrying amounts of assets and liabilities at the reporting date[198]. Other Financial Information - The company has not early adopted any new or revised Hong Kong Financial Reporting Standards that are not yet effective, and expects no significant impact on the consolidated financial statements from these standards in the foreseeable future[65]. - Government grants recognized amounted to HKD 598,000, compared to zero in the previous year[165]. - Actual interest income from lease deposits increased to HKD 358,000 from HKD 248,000 year-on-year[165]. - The company has not disclosed any information regarding major customers due to its investment holding nature[135].
鼎益丰控股(00612) - 2022 - 年度财报