Financial Performance - Total revenue for the year ended December 31, 2023, was HKD 2,191,881, an increase of 19.6% from HKD 1,833,791 in 2022[3] - The company reported a pre-tax loss of HKD 28,381,550, which is a 15.3% increase from a loss of HKD 24,513,492 in the previous year[3] - Basic and diluted loss per share for the year was HKD (0.0104), compared to HKD (0.0088) in 2022, indicating a worsening in performance[3] - The company reported a loss attributable to equity holders of approximately HKD 28,325,379 for the year ended December 31, 2023, compared to a loss of HKD 24,097,700 in 2022, representing an increase in loss of about 9.2%[29] - Basic loss per share for 2023 was HKD 0.0104, compared to HKD 0.0088 in 2022, indicating a 18.2% increase in loss per share[22] Asset and Equity Position - The net asset value decreased to HKD 74,191,021 from HKD 102,516,400, representing a decline of 27.6%[4] - The total equity of the group as of December 31, 2023, was approximately HKD 74,191,021, down from HKD 102,516,400 in 2022, reflecting a decrease of about 27.6%[28] - The group's cash and bank balances as of December 31, 2023, were approximately HKD 270,000, a significant decrease from HKD 1,850,000 in 2022, representing a decline of about 85.4%[33] - The fair value of financial assets recognized in profit or loss was approximately HKD 70,455,321 as of December 31, 2023, down from HKD 79,934,666 in 2022, indicating a decrease of about 11.7%[25] Dividends and Shareholder Returns - The company did not declare any dividends for the year, consistent with the previous year[3] - The company did not declare a final dividend for the year ended December 31, 2023, consistent with no dividend declared in 2022[23] - No final dividend is recommended for the year ending December 31, 2023, consistent with 2022[35] Operational Highlights - The company operates solely in the Hong Kong market, with no significant revenue from external customers[17] - The company has not disclosed any major customer data due to the nature of its business being primarily investment holding and securities trading[17] - The company plans to continue exploring new investment opportunities and diversifying its business to manage risks effectively in the current economic environment[32] Financial Liabilities - The total borrowings of the group, including other payables and accrued liabilities, were approximately HKD 350,000 as of December 31, 2023, down from HKD 430,000 in 2022, reflecting a decrease of about 18.6%[34] - The capital debt ratio, calculated as total borrowings divided by total equity, was approximately 0.47% as of December 31, 2023, compared to 0.42% in 2022[34] Employee and Operational Costs - Total employee costs for the year ending December 31, 2023, amounted to approximately HKD 2,410,000, a decrease from approximately HKD 2,990,000 in 2022[41] Governance and Compliance - The company has adopted the Corporate Governance Code and has taken sufficient measures to ensure compliance[44] - The audit committee has reviewed the financial reporting procedures and internal control systems for the year ending December 31, 2023[45] Market Activity - There were no purchases, sales, or redemptions of the company's listed securities during the year[42] - The public shareholding percentage exceeds 25% of the total issued shares[49] Other Information - The company has no significant capital commitments or contingent liabilities as of December 31, 2023[37] - There were no major acquisitions or disposals of subsidiaries, associates, or joint ventures during the reporting period[40] - The company has not entered into any contracts to hedge foreign exchange risks[38] - There were no significant post-reporting period events have occurred as of the announcement date[46] - The company recorded unrealized losses on listed securities of approximately HKD 16,740,000 in 2023, compared to HKD 9,710,000 in 2022, indicating an increase of about 72.5% in unrealized losses[29] - Other income, including interest income, was HKD 226, a significant decrease from HKD 155,670 in 2022[18]
鼎立资本(00356) - 2023 - 年度业绩