Financial Performance - The audited revenue for the year ended December 31, 2023, was HKD 32.698 billion, an increase of 4.3% year-on-year, with a net profit of HKD 3.424 billion, up 48.0% year-on-year[3]. - The total dividend for the year was HKD 0.94 per share, with a payout ratio of 30%[3]. - The company reported a total comprehensive income of HKD 1,886,077, a significant improvement from a loss of HKD 2,564,371 in 2022[48]. - Net profit attributable to shareholders for 2023 was HKD 3,423.7 million, up from HKD 2,313.9 million in 2022, reflecting significant growth in profitability[72]. - The company proposed a final dividend of HKD 0.52 per share for 2023, an increase from HKD 0.50 per share in 2022, totaling approximately HKD 565.4 million[71]. Business Segments Performance - The infrastructure and environmental business reported a profit of HKD 2.321 billion, a 20.5% increase, contributing approximately 64.2% to the group's net profit[4]. - The health sector reported a profit of HKD 79.71 million, accounting for approximately 2.2% of the group's net profit, with Shanghai Pharmaceutical Group's revenue increasing by 9.9% to RMB 255.173 billion[19]. - The real estate business recorded a profit contribution of HKD 839 million, an increase of 180.1% year-on-year, accounting for approximately 23.2% of the group's net profit[21]. - The consumer goods business contributed a profit of HKD 375 million, up 20.8% year-on-year, accounting for approximately 10.4% of the group's net profit[26]. Revenue and Profit Trends - The total traffic volume for the group's toll roads and bridges increased significantly, with the total toll revenue reaching HKD 4.41 billion, a 30.1% increase year-on-year[7]. - The Shanghai-Hangzhou Expressway (Shanghai section) saw a net profit of HKD 442 million, up 92.6%, with toll revenue of HKD 581 million, an increase of 45.3%[7]. - Zhonghuan Water achieved a revenue of HKD 2.076 billion in 2023, a decrease of 3.3% year-on-year, while net profit increased by 6.8% to HKD 265 million[12]. - Guangdong Environmental Protection's total revenue decreased by 39.6% to HKD 4.98 billion, primarily due to a 76.7% drop in construction revenue from completed waste-to-energy projects[15]. - The real estate segment reported an operating profit of HKD 5,516,630, up 61.6% from HKD 3,416,931 in the previous year[64]. Investments and Projects - The group added 5 new high-quality sewage treatment projects in Guangxi, Heilongjiang, and Macau, with a total designed treatment capacity of nearly 200,000 tons per day[10]. - In 2023, Zhonghuan Water signed 11 new projects with an investment of approximately RMB 524 million, involving a water treatment scale of 512,700 tons/day and a pipeline length of 78.72 kilometers[13]. - Kangheng Environment secured 8 new waste incineration projects in 2023, with a total scale of 5,650 tons/day, and is advancing 22 waste-to-energy projects[18]. Financial Position and Assets - Non-current assets totaled HKD 104,144,502, an increase from HKD 100,347,120 in 2022[50]. - The company's total equity increased to HKD 77,460,103 from HKD 76,793,911, reflecting a growth of 0.9%[52]. - The total assets of the group as of December 31, 2023, amounted to HKD 179,311,612, a decrease from HKD 193,933,752 in 2022[66]. - The book value of properties held for sale increased to HKD 12.92 billion as of December 31, 2023, from HKD 6.81 billion as of December 31, 2022[86]. Market and Strategic Focus - The company is focused on optimizing its financing structure to mitigate the impact of increased financial costs due to international market changes[9]. - The group has established a new operating segment called "Health and Wellness" to reflect its future development strategy, alongside existing segments such as Infrastructure and Environmental, Real Estate, and Consumer Products[62]. - The environmental protection sector is expected to expand due to favorable policies, with the company aiming to maintain its leading position in China's water and environmental industry[31]. - The company will closely monitor industry policies and market trends in the real estate sector to optimize its strategic layout and enhance operational efficiency[31].
上海实业控股(00363) - 2023 - 年度业绩