Financial Performance - For the nine months ended December 31, 2021, the group recorded revenue of approximately HKD 54.5 million, a decrease of about 1.4% from approximately HKD 55.3 million for the same period in 2020[12]. - The group recorded a profit after tax of approximately HKD 0.2 million, a significant decrease from approximately HKD 6.7 million in the previous year[9]. - The total comprehensive income for the nine months ended December 31, 2021, was HKD 393,000, compared to HKD 7,825,000 for the same period in 2020, reflecting a significant decline of approximately 95%[36]. - The company reported a profit attributable to owners of HKD 383,000 for the nine months ended December 31, 2021, compared to a profit of HKD 7,773,000 for the same period in 2020, representing a decrease of approximately 95.1%[34]. - Basic earnings per share for the nine months ended December 31, 2021, was HKD 0.27, down from HKD 5.49 in the same period of 2020, reflecting a decline of approximately 95.1%[34]. - The company’s total revenue for the nine months ended December 31, 2021, was HKD 54,466,000, compared to HKD 55,319,000 for the same period in 2020, reflecting a decrease of approximately 1.5%[41]. Revenue Segmentation - The corporate finance advisory services segment generated revenue of approximately HKD 35.5 million, accounting for about 65.1% of total revenue, down from 75.6% in 2020[12]. - The compliance advisory services segment reported revenue of approximately HKD 18.7 million, representing about 34.3% of total revenue, an increase from 23.7% in 2020[12]. - Revenue from corporate finance advisory fees for the nine months ended December 31, 2021, totaled HKD 54,466,000, compared to HKD 55,319,000 for the same period in 2020, indicating a slight decrease of 1.5%[41]. - Revenue from asset management fees was HKD 54,466,000 for the nine months ended December 31, 2021, compared to HKD 54,924,000 in the previous year, showing a decrease of 0.8%[41]. - The company reported a decrease in independent financial advisory fees to HKD 18,839,000 for the nine months ended December 31, 2021, down from HKD 28,533,000 in the same period of 2020, a decline of approximately 33.4%[41]. Expenses and Costs - Employee benefit costs increased by approximately 1.6% from HKD 38.6 million for the nine months ended December 31, 2020, to HKD 39.2 million for the same period in 2021[16]. - Depreciation and other operating expenses decreased by approximately 8.1% from HKD 16.1 million for the nine months ended December 31, 2020, to HKD 14.8 million for the same period in 2021[22]. - Other operating expenses for the nine months ended December 31, 2021, were HKD 7.7 million, slightly up from HKD 7.7 million in the same period of 2020[32]. - The company reported a net exchange loss of HKD 363,000 for the period, contrasting with a gain of HKD 17,000 in the previous year[51]. - The income tax expense for the nine months ended December 31, 2021, was HKD 192,000, compared to a tax benefit of HKD 562,000 in 2020, indicating a shift in tax position[47]. Investments and Future Plans - The group plans to maintain profitable operations in the corporate finance advisory segment for the fourth quarter of the fiscal year ending March 31, 2022[10]. - The group has established a joint venture in the field of security token offerings and has made preliminary investments in a one-stop digital financial services company[10]. - The group aims to declare dividends for the fiscal year ending March 31, 2022[10]. - The group’s capital commitments amounted to approximately HKD 0.8 million as of December 31, 2021, compared to HKD 0.3 million as of March 31, 2021[25]. Shareholder Information - Sabine, Fletcher, and Zhuang collectively hold approximately 90.48% of SGL's shares, indicating significant control over the company[72]. - As of December 31, 2021, major shareholders include New Baili Group Limited with 94,407,350 shares, representing 66.49% of the total issued shares[77]. - A total of 375,750 stock options were exercised after December 31, 2021, resulting in the issuance of new shares at an exercise price of HKD 0.21[85]. Governance and Compliance - The audit committee, consisting of three independent non-executive directors, oversees the group's financial reporting and risk management[82]. - The company maintains sufficient public float as of the report date, ensuring compliance with listing requirements[86]. - The company has established a clear governance structure, including an audit committee to enhance transparency and accountability[82]. - The company has not engaged in any purchase, sale, or redemption of its listed securities during the period[62]. - The company has not entered into any arrangements that would allow directors to profit from purchasing shares during the reporting period[73].
新百利融资(08439) - 2022 Q3 - 季度财报