Financial Performance - For the fiscal year ending December 31, 2023, the total revenue was HKD 80,218 thousand, a significant increase from HKD 31,253 thousand in the previous year, representing a growth of approximately 156%[3] - The operating profit for the year was HKD 9,090 thousand, compared to a loss of HKD 12,049 thousand in the previous year, indicating a turnaround in operational performance[3] - The net profit for the year was HKD 8,019 thousand, recovering from a loss of HKD 12,383 thousand in the previous year, showcasing a substantial improvement in profitability[3] - The basic and diluted earnings per share for the year were HKD 0.96, compared to a loss of HKD 1.44 in the previous year, reflecting a positive shift in earnings[10] - The company reported a total comprehensive income of HKD 8,231 thousand for the year, recovering from a loss of HKD 11,833 thousand in the previous year[10] - The group reported a pre-tax loss of HKD 12,503,000 for the year ended December 31, 2022, compared to a pre-tax profit of HKD 8,431,000 for the year ended December 31, 2023[30] - The company reported a basic earnings per share of 9.57 HKD for 2023, compared to a loss of 14.39 HKD in 2022, indicating a significant recovery in profitability[47] - The company reported a profit attributable to owners of the company of approximately HKD 7,658,000 for the year ending December 31, 2023, an increase of about HKD 19,176,000 from a loss of HKD 11,518,000 in the previous year, primarily due to increased revenue from photography services in Hong Kong[140] Revenue Breakdown - Total revenue for the year ended December 31, 2023, was HKD 80,218,000, with a breakdown of HKD 63,830,000 from photography services in Hong Kong, HKD 1,209,000 from services in mainland China, and HKD 15,179,000 from medical services in Hong Kong[132] - Photography services revenue increased by approximately 178.4% to about HKD 65,039,000 for the year ended December 31, 2023, compared to HKD 23,362,000 for the year ended December 31, 2022[69] - Medical services revenue was approximately HKD 15,179,000 for the year ended December 31, 2023, up from HKD 7,891,000 for the year ended December 31, 2022, due to an increase in patient visits[69] - The group's total revenue from external customers in Hong Kong was HKD 79,009,000, compared to HKD 30,313,000 in 2022[152] Cost and Expenses - The group reported a significant increase in cost of services to HKD 39,374,000 for the year ended December 31, 2023, compared to HKD 18,155,000 for the year ended December 31, 2022[45] - The group's service costs increased from approximately HKD 26,175,000 for the year ended December 31, 2022, to approximately HKD 53,313,000 for the year ended December 31, 2023, representing an increase of about 102%[70] - Administrative expenses increased from approximately HKD 16,596,000 for the year ended December 31, 2022, to approximately HKD 18,273,000 for the year ended December 31, 2023, an increase of about 10%[80] - The group incurred total employee benefit expenses of HKD 15,529,000 for the year ended December 31, 2023, up from HKD 12,078,000 in the previous year[36] Assets and Liabilities - The total assets of the company amounted to HKD 38,420 thousand, up from HKD 33,143 thousand in the previous year, reflecting growth in asset base[5] - The total equity of the group was approximately HKD 27,945,000, an increase from HKD 22,714,000 as of December 31, 2022, representing a growth of 22.3%[91] - The group's total assets as of December 31, 2023, amounted to HKD 54,440,000, compared to HKD 46,792,000 in the previous year[151] - The company’s non-current assets increased to 3,239,000 HKD in 2023 from 1,548,000 HKD in 2022, reflecting growth in long-term investments[52] Cash Flow and Liquidity - Cash and bank balances increased to HKD 20,669 thousand from HKD 16,699 thousand, indicating improved liquidity[5] - The group's cash and cash equivalents totaled approximately HKD 25,669,000 as of December 31, 2023, compared to HKD 21,699,000 as of December 31, 2022, reflecting a 18.5% increase[91] - The current ratio and quick ratio as of December 31, 2023, were 1.95 and 1.87, respectively, compared to 1.92 and 1.87 as of December 31, 2022, indicating stable liquidity management[91] - The group maintained a healthy financial position with bank loans of approximately HKD 1,000,000 as of December 31, 2023, consistent with the previous year[89] Dividends and Shareholder Returns - The group proposed a special dividend of HKD 0.5625 per share, totaling HKD 4,500,000, subject to shareholder approval[41] - The company declared an interim dividend of 0.375 HKD per share for 2023, compared to no dividend in 2022, signaling a return to shareholder rewards[46] - The board proposed a special dividend of HKD 0.005625 per share, subject to approval at the upcoming annual general meeting[140] Business Strategy and Future Plans - The company aims to expand its market presence and enhance its service offerings, focusing on both domestic and international markets[16] - The company is committed to ongoing research and development of new products and technologies to drive future growth[16] - The group is actively seeking to recruit suitable medical professionals and establish new medical centers in Hong Kong to expand its medical services business[66] - The group aims to diversify its business model by optimizing its operations through increased investment in information technology infrastructure[64] - The group recognizes significant expansion potential in the medical and healthcare services sector and intends to collaborate with the Hong Kong government and stakeholders to support a sustainable healthcare system[67] Risks and Compliance - The group faces currency risk primarily from cash and bank balances denominated in USD and RMB, with no hedging instruments currently in place[102] - The company has adhered to all applicable corporate governance code provisions as of December 31, 2023[118] - The company has maintained compliance with the GEM Listing Rules regarding director transactions as of December 31, 2023[121] Miscellaneous - The group successfully won a tender to provide automatic photography services for identity documents in Hong Kong, effective from March 1, 2023, for a period of 24 months[63] - The group plans to allocate resources to upgrade and maintain its automatic photography machines and enhance advertising and promotional activities[64] - The company operates primarily in providing photography services through self-service identity photo booths in Hong Kong and Guangdong Province, China, and has been offering medical services since October 2021[146]
名仕快相(08483) - 2023 - 年度业绩