Financial Performance - For the fiscal year ending March 31, 2023, the group recorded total revenue of approximately HKD 15,602,000, representing an increase of about 30.1% compared to HKD 11,988,000 for the previous fiscal year[10] - The group reported a net loss of approximately HKD 3,579,000 for the fiscal year ending March 31, 2023, significantly improved from a net loss of HKD 82,848,000 in the previous year[10] - The gross profit for the fiscal year ending March 31, 2023, was approximately HKD 7,998,000, a significant improvement from a gross loss of HKD 4,592,000 in the previous year[16] - The group’s pre-tax loss for the fiscal year ending March 31, 2023, was HKD (2,648,000), an improvement from HKD (104,604,000) in the previous year[7] - The group’s basic loss per share for the fiscal year ending March 31, 2023, was HKD (0.19), compared to HKD (4.37) in the previous year[7] Assets and Liabilities - Total assets as of March 31, 2023, amounted to HKD 131,895,000, a decrease from HKD 275,048,000 in the previous year[8] - Total liabilities as of March 31, 2023, were HKD 184,738,000, down from HKD 309,100,000 in the previous year[8] - As of March 31, 2023, the company's current liabilities net worth was approximately HKD 52,300,000, compared to HKD 78,200,000 the previous year[21] - The company has fully repaid its bills payable amounting to approximately HKD 94,400,000 as of March 31, 2023[19] - The capital debt ratio as of March 31, 2023, was 0%, a significant improvement from 597.6% the previous year[23] Business Strategy and Operations - The group has ceased its promotion and management business to focus resources on the recovery of its robotics education and training business post-pandemic[11] - The group anticipates a gradual recovery in training course operations as government restrictions are lifted, with expected stable growth in performance[11] - The group expects to gradually restore more training courses based on student enrollment demand following the easing of current government restrictions[11] - The company plans to launch various robot-themed activities in Heilongjiang Province, aiming to promote smart education and international development in robotics education[16] Corporate Governance - The board of directors consists of five members, including two executive directors and three independent non-executive directors[50] - The company adopted the corporate governance code as per GEM listing rules, ensuring compliance throughout the fiscal year[45] - The board is responsible for leading the group in an ethical and accountable manner, establishing overall strategic direction[53] - The company encourages directors to participate in relevant training courses, with costs covered by the company[54] - The board will continue to review its corporate governance practices to ensure compliance with the established code[45] Environmental, Social, and Governance (ESG) - The company aims to balance business expansion with stakeholder interests through a sustainable development framework focusing on environmental protection and resource management[98] - The company is committed to integrating ESG elements into all operational aspects and business decisions[98] - The board believes that a robust ESG strategy can enhance the company's investment value and provide long-term returns to stakeholders[102] - The company has established an ESG governance framework with clear responsibilities to successfully implement its sustainable development strategy[102] - The company emphasizes compliance with laws and regulations, ensuring integrity and compliance in operations[105] Employee and Workplace - The company employed 66 staff members as of March 31, 2023, down from 84 the previous year, with employee costs amounting to approximately HKD 10,300,000[26] - The company maintained a 100% full-time employment status for all employees[139] - The average training hours for male employees was 0.93 hours, while for female employees it was 0.46 hours[150] - The company provided social insurance benefits in accordance with local labor laws, including pension, medical, unemployment, work injury, and maternity insurance[142] - No employees were injured or died due to work-related incidents in the past three years, including the reporting period[146] Environmental Impact - The company is focused on environmental protection and reducing greenhouse gas emissions as part of its community engagement efforts[109] - The total greenhouse gas emissions for Scope 1 decreased to 17.95 tons from 24.87 tons, representing a reduction of approximately 28.5%[165] - The total greenhouse gas emissions for Scope 2 decreased to 21.89 tons from 26.72 tons, representing a reduction of approximately 18.3%[165] - The total electricity consumption decreased to 35.38 MWh from 41.76 MWh, a reduction of approximately 15.3%[165] - The company has not reported any confirmed violations related to environmental protection during the reporting period[117] Shareholder Communication - The company has reviewed the effectiveness of its shareholder communication policy and deemed it appropriate and effective for the fiscal year ending March 31, 2023[85] - The company emphasizes shareholder communication and ensures that all resolutions at the annual general meeting are voted on to protect shareholder interests[86] - Shareholders holding at least 10% of voting rights can request the board to convene a general meeting within 21 days of submission[82] Future Outlook - The company has set a future outlook with a revenue guidance of $500 million for the next fiscal year, indicating a growth target of 10%[40] - The company plans to invest $20 million in R&D for new technologies in the upcoming year[40] - The management team emphasized a focus on improving operational efficiency, aiming for a 15% reduction in costs[40]
神通机器人教育(08206) - 2023 - 年度财报