Financial Performance - For the fiscal year ending December 31, 2023, the group's revenue was HK$2,360.4 million, an increase of 6.5% compared to HK$2,215.5 million in 2022[16] - The adjusted EBITDA for the year was HK$111.9 million, down from HK$128.1 million in 2022, representing a decrease of 12.9%[16] - The net profit attributable to equity holders of the company was HK$131.3 million, compared to HK$101.6 million in 2022, marking an increase of 29.2%[16] - Basic earnings per share increased to HK$15.75 from HK$12.19, reflecting a growth of 29.5% year-over-year[16] - Total revenue for the year ended December 31, 2023, was HK$2,360.4 million, representing a 6.5% increase from HK$2,215.5 million in 2022[34] - Net profit for the year was HK$131.3 million, a 29.3% increase compared to HK$101.6 million in 2022[34] - Basic earnings per share increased to HK$15.75 from HK$12.19, reflecting a significant growth in profitability[34] Revenue Breakdown - Revenue from product sales reached HK$1,179.7 million, up from HK$1,090.8 million in the previous year[29] - Revenue from service contracts was HK$1,180.7 million, compared to HK$1,124.7 million in 2022, indicating a positive trend in service revenue[29] - Product sales rose by 8.2% to HKD 1,179.7 million, while service revenue increased by 5.0% to HKD 1,180.7 million, with both segments contributing 50.0% to total revenue[138] Assets and Liabilities - Total assets as of December 31, 2023, were HK$3,110.9 million, compared to HK$3,032.3 million in 2022, indicating a growth of 2.6%[19] - Total liabilities decreased to HK$933.6 million from HK$972.5 million, showing improved financial stability[40] - The group's total equity increased to HK$3,110.9 million from HK$3,032.3 million, indicating growth in shareholder value[40] - The total amount of trade receivables as of December 31, 2023, was HK$238,204,000, up from HK$201,194,000 in 2022, indicating an 18.4% increase[97] - The company’s total liabilities increased to HKD 179,245,000 as of December 31, 2023, compared to HKD 169,077,000 in 2022, marking an increase of approximately 6.92%[123] Investments and Capital Expenditure - The group had capital commitments of approximately HK$0.4 million for property, plant, and equipment, down from HK$1.4 million in 2022[3] - The total amount of property, plant, and equipment additions for the year ended December 31, 2023, was approximately HKD 18,846,000, significantly lower than HKD 59,460,000 in 2022[93] - The group’s total capital expenditure for property, plant, and equipment was HKD 3,119,000, compared to HKD 3,000,000 in the previous year[47] Dividends - The company maintained a final dividend of HK$3.0 cents per share, consistent with the previous year[34] - Proposed final dividend per share is HKD 0.03, totaling HKD 25,011,000, consistent with the previous year[87] Market and Economic Conditions - The group faced dual pressures from market contraction and economic downturn in Hong Kong, particularly in the commercial sector[162] - The company anticipates continued growth in both product and service segments, supported by ongoing investments in technology and market expansion strategies[34] Customer and Market Expansion - The group successfully expanded its customer base in the banking and education sectors, leveraging its unique DevSecOps management service maturity model[153] - The group actively assisted the government in digital transformation initiatives, including participation in the "Smart Convenience" platform construction[151] - The group celebrated its 50th anniversary in 2023, launching new CI systems and business strategies during the flagship event "ASL Solution Day 2023"[157] Employment and Workforce - The group employed 1,495 long-term and contract employees across Hong Kong, mainland China, Taiwan, Macau, and Thailand as of December 31, 2023, an increase from 1,474 in 2022[179]
自动系统(00771) - 2023 - 年度业绩