Financial Performance - For the year ended December 31, 2022, VSTECS recorded a revenue of HK$77.3 billion[3] - The Group recorded a turnover of HK$77.3 billion and a net profit attributable to shareholders of HK$823 million, with a return on equity (ROE) of 11.3%[17] - The Group's revenue for the year ended December 31, 2022, was HK$77,323,994,000, a decrease of 1.3% from HK$78,335,446,000 in 2021[37] - Gross profit for the same period was HK$3,377,924,000, down from HK$3,639,069,000, reflecting a decline of 7.2%[37] - Operating profit decreased to HK$1,328,268,000 from HK$1,661,212,000, a drop of 20%[37] - Net profit for the year was HK$823,071,000, compared to HK$1,314,026,000 in 2021, representing a decrease of 37.4%[37] - Basic earnings per share fell to HK58.15 cents from HK92.74 cents, a decline of 37.4%[37] Business Segments - The cloud computing segment achieved a turnover of HK$2.9 billion, the consumer electronics segment generated HK$33.1 billion, and the enterprise system segment reported revenue of HK$41.4 billion[18] - Revenue from the enterprise systems segment decreased by 5.4% to HK$41,357,772,000, contributing 53.5% of total Group revenue[37] - Revenue from the consumer electronics segment increased by 2.5% to HK$33,075,400,000, contributing 42.8% of total Group revenue[37] - Revenue from the cloud computing segment rose by 23.4% to HK$2,890,822,000, contributing 3.7% of total Group revenue[37] Geographic Performance - North Asia contributed approximately HK$60.1 billion, accounting for 78% of the Group's total turnover, while Southeast Asia contributed around HK$17.2 billion, representing 22% of total turnover[18] - Revenue from North Asia slightly decreased by 3% to HK$60,089,079,000, contributing approximately 78% of total Group revenue[37] - Revenue from South East Asia increased by 5% to HK$17,234,915,000, contributing approximately 22% of total Group revenue[37] Growth and Development - VSTECS has experienced rapid growth from HK$1.6 billion in 2002 to HK$77.3 billion in 2022, with an average annual growth rate of 26%[19] - The company aims to improve its operating management continuously[15] - The Group has laid out a grand blueprint for its future growth and development[15] Digital Transformation and Innovation - VSTECS actively improved its digital ecosystem and enhanced operational efficiency throughout 2022[15] - The Group has launched the Vplus Cloud Platform to integrate management, sales, and service of cloud resources, enhancing its service offerings[23] - The Group has commenced operations of 20 artificial intelligence demonstration zones across various cities, showcasing its commitment to independent research and development in cloud computing[23] - The consumer electronics business grew against the trend despite a shrinking market, benefiting from advancements in AI, VR, and AR technologies[24] Partnerships and Collaborations - VSTECS collaborates with over 50,000 downstream channel partners[6] - The Group has strengthened its cloud computing business by collaborating with leading vendors like Alibaba Cloud, Huawei Cloud, AWS, and VMware, exploring new cloud scenarios[23] - VSTECS has reported a year-over-year increase in partnerships with domestic brands, contributing to a growing proportion of domestic brands' sales performance[29] - The Group has established branches in multiple Southeast Asian countries, including Thailand, Singapore, and Indonesia, serving leading customers in government, finance, and education sectors[33] Corporate Philosophy and Strategy - VSTECS is committed to forging ahead with its established targets despite external challenges[15] - The Group's corporate philosophy focuses on "Leading Digital Asia," supporting Chinese brands in building a robust ecosystem while facilitating their internationalization[29] - The Group aims to strengthen the IT ecosystem in Southeast Asia and capitalize on the economic recovery to meet the demand for IT infrastructure construction[33] Employee and Management - The company has over 4,000 team members in the Asia-Pacific region[6] - The Group had 4,487 full-time employees as of December 31, 2022, an increase from 4,199 in 2021[49] - Mr. Li Jialin, aged 61, is the Chairman and CEO of the Company, responsible for overall management and strategic positioning[51] - Mr. Ong Wei Hiam, aged 51, serves as the Group CFO, overseeing the overall financial management of the Group[52] Environmental, Social, and Governance (ESG) - The ESG Report covers the Group's sustainable development strategies for the year ended December 31, 2022[76] - The report is based on four principles: materiality, quantitative, balance, and consistency, ensuring a comprehensive view of the Group's ESG performance[77] - Key performance indicators (KPIs) for social and environmental aspects are computed based on emissions, waste, and resource usage, making ESG performance measurable[78] - The Group emphasizes the importance of promoting technology innovation and building a self-reliant digital technology innovation system in China[30] Community Engagement and Social Responsibility - The Group encourages participation in environmental and social activities to benefit the community as a whole[46] - The Group's community investments in Singapore included donations of HKD 114,000 to the Singapore Red Cross Society and HKD 14,000 to the Metta Welfare Association[156] - The Group organized various community events in China, with participation numbers ranging from 100 to 410 members for different activities[157] Safety and Compliance - The Group maintained a zero fatality rate in work-related incidents over the past three years[146] - The Group strictly complies with all relevant labor laws and regulations, with no reported non-compliance during the year[144] - The Group's commitment to integrity and ethics is reflected in its compliance with anti-bribery clauses in procurement and customer relations[133] Supply Chain Management - The Group has over 300 product suppliers globally, including regions such as China, Singapore, Thailand, and Indonesia[120] - A well-functioning supply chain management system has been established to enhance collaboration among suppliers, distributors, and retailers[123] - The Group's supply chain management is essential for ensuring the delivery of top-notch products and services to customers[123] Environmental Impact and Sustainability - Total greenhouse gas (GHG) emissions decreased by 29% year-on-year, from 137.7 tonnes of CO2 equivalent in 2021 to 92.0 tonnes in 2022[160] - The Group emphasizes the "4Rs" principle: Reduce, Reuse, Replace, and Recycle, to minimize waste generation[162] - The Group's operations do not generate significant emissions, and therefore, specific emissions data is not disclosed[178]
伟仕佳杰(00856) - 2022 - 年度财报