Cash Flow Performance - The net cash flow from operating activities for the year ended December 31, 2021, was a loss of HKD 211,853,000, compared to a loss of HKD 259,112,000 in 2020, indicating an improvement of approximately 18.2%[3] - The net cash generated from investing activities was HKD 146,868,000 for 2021, a significant increase from HKD 1,359,000 in 2020[5] - The net cash used in financing activities was HKD 8,497,000 in 2021, a decrease from HKD 133,282,000 in 2020, reflecting a reduction in financing costs[5] - Cash and cash equivalents at the end of 2021 amounted to HKD 41,948,000, up from HKD 16,748,000 at the end of 2020, representing a growth of approximately 150.5%[6] - The company’s bank and cash balance increased to HKD 41,948,000 in 2021 from HKD 20,288,000 in 2020, reflecting a growth of approximately 106.5%[6] Operational Costs and Income - The company reported a decrease in interest income from HKD 181,000 in 2020 to HKD 10,000 in 2021, indicating a decline of about 94.5%[5] - The company had a cash outflow of HKD 12,832,000 for rental and utility deposits in 2021, compared to HKD 1,034,000 in 2020, indicating a significant rise in operational costs[5] - The company reported a net cash inflow of HKD 34,918,000 from the repayment of rental and utility deposits in 2021, compared to HKD 22,087,000 in 2020, indicating improved cash management[5] Asset Sales - The total cash inflow from the sale of property, plant, and equipment was HKD 113,131,000 in 2021, compared to HKD 1,700,000 in 2020, showing a substantial increase[5] Operational Performance - The company’s operating loss before changes in working capital was HKD 121,294,000 in 2021, compared to HKD 4,408,000 in 2020, highlighting a deterioration in operational performance[3]
卓悦控股(00653) - 2021 Q4 - 年度财报