Financial Performance - The company's revenue for the year ended December 31, 2022, was HKD 1,018,111, an increase of 8.0% from HKD 942,782 in 2021[3] - Gross profit for the year was HKD 162,675, a slight decrease from HKD 166,247 in the previous year, resulting in a gross margin of approximately 15.9%[3] - The net profit for the year was HKD 45,494, representing an increase of 5.4% compared to HKD 43,161 in 2021[3] - Basic and diluted earnings per share for the year were HKD 2.57, up from HKD 2.40 in the previous year[3] - Total comprehensive income for the year was HKD 58,248, compared to a loss of HKD 17,241 in 2021[4] - The company reported a pre-tax profit of HKD 44,565, down from HKD 49,574 in the previous year[3] - The company’s financial performance was positively impacted by a 5.4% increase in net profit, indicating effective cost management strategies[3] Revenue Breakdown - Total revenue for the group reached HKD 1,020,965,000, with segment revenues from interior design and renovation at HKD 704,227,000, and financial investments at HKD 59,859,000[26] - The company's total revenue for the year ended December 31, 2022, was HKD 1,060,681,000, representing a 6.30% increase from HKD 997,841,000 in 2021[37] - Revenue from financial investments decreased by 22.68% to HKD 42,570,000, down from HKD 55,059,000 in 2021[40] - The indoor design and renovation business generated revenue of HKD 701,643,000, a slight increase of 0.40% from HKD 698,844,000 in the previous year[41] - Export business revenue rose significantly by 38.46% to HKD 268,191,000, compared to HKD 193,693,000 in 2021[37] - Retail and overseas franchise revenue for Hong Kong was HKD 48,259,000, a slight decrease of 3.91% from HKD 50,223,000 in the previous year[70] Assets and Liabilities - The company’s total liabilities increased to HKD 1,060,681, with a significant portion attributed to sales costs[3] - Non-current assets increased to HKD 422,206,000 from HKD 279,916,000, reflecting a growth of approximately 51%[20] - Current assets decreased to HKD 2,695,323,000 from HKD 3,017,236,000, a decline of about 11%[20] - Trade receivables totaled HKD 242,361,000, down from HKD 251,382,000, indicating a decrease of approximately 3%[29] - Current liabilities decreased to HKD 672,740,000 from HKD 784,136,000, a reduction of about 14%[20] - The group’s net asset value stood at HKD 2,022,583,000, down from HKD 2,233,100,000, reflecting a decrease of around 9%[20] - The group’s equity attributable to shareholders decreased to HKD 2,429,613,000 from HKD 2,490,262,000, a decline of approximately 2.4%[20] Market and Economic Conditions - The group’s financial performance was impacted by economic challenges in mainland China, including the COVID-19 pandemic and real estate debt crisis[34] - The company acknowledges the challenges posed by high global inflation and rising interest rates, which have created an uncertain investment environment[61] - The company is optimistic about the recovery of the mainland Chinese economy and the real estate sector, following recent policy relaxations[47] - The outlook for 2023 anticipates a recovery in the Hong Kong economy, expecting positive growth as the region opens up post-pandemic[87] Strategic Plans and Initiatives - The company plans to continue expanding its market presence and investing in new product development to drive future growth[3] - The company plans to maintain its focus on high-quality development and innovation, aiming for specialized and precise growth strategies[35] - The company is adapting its brand strategy and business structure in response to new market competition and consumer behavior changes[41] - The company aims to continue high-quality development and focus on core business areas to enhance competitiveness[75] - The company plans to implement business intelligence and supply chain construction to enhance overall competitiveness[67] - The management remains cautious in investment strategies, focusing on high-quality blue-chip stocks for long-term investment[65] Shareholder Returns - The company will propose a final dividend of HKD 0.04 per share, totaling HKD 61,119,000, subject to shareholder approval[61] - The company repurchased a total of 52,000 shares during the year, all of which have been canceled[93] - The repurchase price ranged from 0.81 to 0.82 per share[93] - No other purchases, sales, or redemptions of the company's listed securities were made during the year[93] Financial Reporting Standards - The company has adopted revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial statements for the current or prior years[7] - The group has not adopted any new or revised Hong Kong Financial Reporting Standards that have not yet come into effect for the current accounting year[22]
旭日企业(00393) - 2022 - 年度业绩