Financial Performance - The Group's total revenue for the year amounted to approximately HK$1,117.7 million, representing an increase of approximately 41.9% compared to HK$787.4 million in 2020[8]. - The Group recorded a gross profit of approximately HK$253.9 million, with a gross profit margin of approximately 22.7%, down from 24.6% in 2020[8]. - Profit attributable to equity holders of the Company was approximately HK$96.3 million, an increase from HK$73.7 million in 2020[8]. - Basic earnings per share attributable to equity holders of the Company were approximately 15.53 HK cents, compared to 11.89 HK cents in 2020[8]. - Revenue for the year ended 31 December 2021 was approximately HK$1,117.7 million, representing an increase of approximately HK$330.3 million, or approximately 41.9%, from approximately HK$787.4 million for the year ended 31 December 2020[26]. - Profit for the year ended 31 December 2021 was approximately HK$96.3 million, representing an increase of approximately HK$22.6 million, or approximately 30.7%, from approximately HK$73.7 million for the year ended 31 December 2020[36]. Revenue Segmentation - The Group operates through three segments: integrated plastic solutions, e-cigarettes, and medical consumable products[8]. - The integrated plastic solutions segment revenue for the year ended 31 December 2021 was approximately HK$481.4 million, accounting for approximately 43.1% of total revenue, representing an increase of approximately HK$142.1 million, or approximately 41.9% from HK$339.3 million for the year ended 31 December 2020[26]. - The e-cigarettes products segment revenue for the year ended 31 December 2021 was approximately HK$634.3 million, accounting for approximately 56.8% of total revenue, representing an increase of approximately HK$192.6 million, or approximately 43.6% from HK$441.7 million for the year ended 31 December 2020[26]. - The medical consumable products segment revenue for the year ended 31 December 2021 was approximately HK$2.0 million, accounting for approximately 0.1% of total revenue, representing a decrease of approximately HK$4.4 million, or approximately 68.8% from HK$6.4 million for the year ended 31 December 2020[28]. Operational Developments - The growth in revenue was driven by increased sales of e-cigarette products and integrated plastic solutions[8]. - The business environment improved in 2021 as the COVID-19 pandemic was gradually brought under control[8]. - The Group distributes its products in domestic and overseas markets, including Europe, Asia, and the United States[8]. - The Group's capital expenditure for the year amounted to approximately HK$80.9 million, including HK$17.2 million for new machines and HK$60.2 million for new factory construction[11][12]. - The new factory premises are expected to be completed in the first quarter of 2022, with plans to lease them to independent third parties[13][16]. Quality and Compliance - The cleanroom facility in Huizhou has been certified to ISO14644-1:2015 Class 8 standards, ensuring compliance with international quality management systems for medical devices[21][22]. - The manufacturing quality system is certified by Société Générale de Surveillance (SGS) under EN ISO13485:2016 standards[21][22]. - The Group has established an environmental management system in accordance with ISO 14001:2015 to minimize environmental impact[84]. - The Group's operations are in strict compliance with national and local environmental laws and regulations, ensuring sustainable business practices[84]. Environmental Initiatives - The Group aims to reduce carbon emissions and energy usage by no less than 5% by 2030, using 2021 as the baseline year[89]. - Total GHG emissions rose from 17,165.18 t-CO2 eq. in 2020 to 21,510.68 t-CO2 eq. in 2021, marking an increase of about 25.4%[95]. - The Group's environmental initiatives include measures to reduce emissions and improve waste management and recycling[79]. - The Group aims to reduce hazardous and non-hazardous waste by approximately 5% by 2030, using 2021 as the baseline[106]. Employee Welfare and Management - The Group's workforce increased to 1,065 employees as of December 31, 2021, up from 1,030 in 2020, representing a growth of approximately 3.4%[126]. - The Group provides free housing and meals to employees in Huizhou, promoting employee welfare and satisfaction[130]. - The Group has implemented a management system for salary reviews and promotions, ensuring fair employment practices[130]. - The Group received the SA8000:2014 Social Accountability Certification, recognizing its socially acceptable workplace practices[130]. Corporate Governance - The Group has a strong commitment to high standards of corporate governance to protect shareholder interests and enhance corporate value[200]. - The management team includes independent non-executive directors with diverse backgrounds in auditing, legal matters, and electronic product manufacturing, enhancing corporate governance[188][189][190]. - The Group is committed to protecting intellectual property rights and has not faced any complaints regarding non-compliance in this area during the reporting period[177]. Community Engagement - The Group encourages employees to engage in community volunteer services and plans to participate in more charitable activities[183]. - The Group intends to establish a voluntary team to coordinate community service efforts[183].
天长集团(02182) - 2021 - 年度财报