Financial Performance - The total revenue for the fiscal year ended December 31, 2021, increased by 95% to HKD 2,275,455,000 compared to HKD 1,166,222,000 in the previous year[11] - Net profit attributable to shareholders rose to HKD 33,286,000, representing a growth of 207% from HKD 10,830,000 last year[17] - Earnings per share increased from HKD 0.0387 to HKD 0.1189[11] - Operating expenses for the year totaled HKD 32,916,000, an increase of 22% compared to HKD 27,001,000 in the previous year[17] - The total revenue from the sale of goods for the year ended December 31, 2021, was approximately HKD 2,275,455,000[192] Assets and Liabilities - The total assets of the group as of December 31, 2021, amounted to HKD 195,165,000, with total equity of HKD 137,375,000 and total liabilities of HKD 57,790,000[19] - Cash and cash equivalents stood at HKD 56,035,000, slightly down from HKD 57,489,000 a year earlier[20] - The group did not have any pledged assets as of December 31, 2021[21] - As of December 31, 2021, the company had no distributable reserves available for shareholders[134] Employee Information - As of December 31, 2021, the number of employees increased to 45 from 39 in 2020, with total employee compensation amounting to HKD 16,949,000, up from HKD 12,697,000 in 2020[25] - The total number of full-time employees increased by 15% to 45 as of December 31, 2021[88] - The employee training hours increased to a total of 167 hours in 2021, averaging 3.4 hours per employee, compared to 126 hours and 4.5 hours per employee in 2020[97] - The employee turnover rate is very low, and the company has never experienced operational disruptions due to safety incidents[94] Corporate Governance - The board of directors consists of eight members, including three executive directors, two non-executive directors, and three independent non-executive directors[32] - The company is committed to maintaining high corporate governance standards to protect shareholder interests and enhance corporate value[29] - The board is responsible for formulating business strategies and monitoring the company's performance, with most decisions made by the board rather than management[31] - The attendance rate for the board meetings in 2021 was 100% for all directors at the annual general meeting and 80% for committee meetings[62] - The company complied with the corporate governance code as stipulated in the listing rules throughout the year[180] Risk Management and Internal Control - The company has established an internal audit function, with two reviews of the risk management and internal control systems conducted in 2021[63] - The company has a structured approach to risk management and internal control, with regular evaluations and enhancements as necessary[63] Environmental Impact - The total greenhouse gas emissions for the fiscal year 2021 were 79 tons, a slight decrease from 80 tons in 2020[84] - The electricity consumption for 2021 was 113,307 kWh, representing a 4% decrease from 118,193 kWh in 2020 due to improved air circulation measures[80] - The amount of non-hazardous waste generated was 1,688 kg in 2021, up from 1,165 kg in 2020[79] - The water consumption increased by 28% to 169 cubic meters, although it remains insignificant[81] Shareholder Information - The company reported a total of 185,973,108 shares held by director Lin Jiafeng, representing 66.90% of the issued share capital[153] - Director Lin Jiaming holds 184,827,200 shares, accounting for 66.49% of the issued share capital[153] - Director Lin Huihai has a total of 9,244,358 shares, which is 3.33% of the issued share capital[153] - The company has purchased appropriate directors' liability insurance during the year[142] Donations and Community Engagement - The group made a donation of HKD 5,000 to charitable organizations in 2021[115] - The group emphasizes cash and in-kind donations as the most direct and effective way to serve the community[114] Stock Options and Incentives - The company has adopted a stock option plan to provide additional incentives for directors and employees, although no stock options were exercised, granted, or expired during the year[25] - The total number of stock options granted during the year amounted to 7,590,000[165] - The total number of stock options unexercised as of December 31, 2021, was 6,390,000[165] - The exercise price for the stock options was set at HKD 2.36[165] Customer and Supplier Concentration - The top five customers accounted for approximately 64% of the total revenue, with the largest customer contributing 20%[174] - The top five suppliers represented about 95% of the total purchase value, with the largest supplier accounting for 69%[174]
新龙移动(01362) - 2021 - 年度财报