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数盟资本(08375) - 2022 Q3 - 季度财报
DATA UNION CAPDATA UNION CAP(HK:08375)2022-11-14 08:45

Financial Performance - For the nine months ended September 30, 2022, the group's revenue was approximately HKD 66.3 million, a decrease of about 35.6% compared to the same period in 2021[9] - The gross profit margin for the nine months ended September 30, 2022, was approximately 5.4%, down from 17.9% for the same period in 2021[9] - The group reported a loss of approximately HKD 8.7 million for the nine months ended September 30, 2022, compared to a profit of approximately HKD 4.3 million in the same period of 2021, representing a decrease of about HKD 13.0 million[9] - Basic loss per share for the nine months ended September 30, 2022, was approximately HKD 3.14, compared to basic earnings per share of approximately HKD 2.21 for the same period in 2021[9] - For the three months ended September 30, 2022, the group's revenue was HKD 21.0 million, compared to HKD 37.1 million for the same period in 2021[10] - The group incurred a loss of approximately HKD 2.4 million for the three months ended September 30, 2022, compared to a profit of HKD 1.6 million in the same period of 2021[10] - Total comprehensive loss for the nine months ended September 30, 2022, was approximately HKD 17.2 million, compared to a total comprehensive income of HKD 5.0 million for the same period in 2021[10] - The company reported a total comprehensive loss of HKD 17,206,000 for the nine months ended September 30, 2022, compared to a loss of HKD 8,658,000 in the same period of 2021[17] Revenue Breakdown - Revenue from the sale of self-manufactured industrial aluminum electrolytic capacitors was HKD 50,746,000, down 38.2% from HKD 81,986,000 in the previous year[17] - Revenue from the sale of industrial aluminum electrolytic capacitors dropped by about 31.3% to approximately HKD 50.7 million, compared to approximately HKD 82.0 million in the previous year[28] Expenses and Financial Position - The group's administrative expenses for the nine months ended September 30, 2022, were approximately HKD 9.5 million, compared to HKD 9.4 million for the same period in 2021[10] - The total expenses for the period amounted to HKD 17,206,000, which included a loss of HKD 8,658,000[17] - The company’s income tax expense for the nine months was HKD 531,000, down from HKD 1,903,000 in the previous year[18] - The sales cost for the nine months ended September 30, 2022, decreased by approximately 25.9% to about HKD 62.7 million, down from approximately HKD 84.6 million in the previous year[28] Shareholder Actions - The board proposed a special dividend of HKD 0.035 per ordinary share for shareholders on the register as of January 16, 2023, subject to approval at a special general meeting[9] - The board proposed a special dividend of HKD 0.035 per ordinary share, totaling HKD 10,080,000 for the nine months ended September 30, 2022, compared to no dividend in the same period of 2021[20] - The company plans to hold a special general meeting on January 5, 2023, to discuss matters including a proposed special dividend[61] - The company will suspend the registration of shareholders from December 30, 2022, to January 5, 2023, for the purpose of voting at the special general meeting[62] - The company will also suspend the registration of shareholders from January 12 to January 16, 2023, for the proposed special dividend distribution[63] Corporate Governance - The board is committed to maintaining high standards of corporate governance to protect shareholder interests and enhance corporate value[50] - The company has established an audit committee consisting of three independent non-executive directors to oversee internal audit functions and financial reporting processes[64] - The company has adhered to the corporate governance code, with the exception of a deviation regarding the roles of the chairman and CEO being held by the same individual[52] - The company will regularly review and improve its corporate governance practices in line with the latest developments[53] Capital and Financing - The company issued new shares through a rights issue, raising a total of HKD 20,160,000 during the reporting period[17] - The company issued 96,000,000 shares at a subscription price of HKD 0.21 per share, raising net proceeds of HKD 18.6 million, increasing the total number of shares from 192,000,000 to 288,000,000[22] - The company has entered into a loan agreement for a maximum of HKD 18 million in revolving and overdraft financing to support its subsidiary's operations and asset acquisitions[57] Future Outlook - The company plans to develop high-quality products to meet market demands and will continue to monitor future market trends[25] - The company will adopt a conservative approach towards future capital expenditure needs and investment opportunities due to the uncertain economic environment[25] - The company maintains a strong financial position with positive net cash status as of September 30, 2022, and has sufficient funds for future capital expenditures[25] Shareholding Structure - Vertical Investment holds 180,000,000 shares, representing 62.5% of the company's equity, and is fully owned by Mr. Wen[44] - Ms. Sun Koon Kwan, as a spouse of Mr. Wen, holds 180,300,000 shares, representing 62.6% of the company's equity[44] - As of the report date, the chairman and CEO, Mr. Wen, holds a 63.78% stake in the company[59] Capital Commitments and Acquisitions - As of September 30, 2022, the company had capital commitments of approximately HKD 1.5 million, down from HKD 1.9 million as of December 31, 2021, primarily related to the purchase of equipment and machinery for capacity expansion[36] - There were no significant acquisitions or disposals during the nine months ended September 30, 2022[37] - The company reported no significant contingent liabilities as of September 30, 2022[38]