Financial Performance - For the year ended December 31, 2023, the company reported a total revenue of HKD 38,948,000, a decrease of 17.5% compared to HKD 47,137,000 in 2022[3]. - The gross profit for the year was HKD 21,637,000, down 24.3% from HKD 28,517,000 in the previous year[3]. - The company incurred a net loss of HKD 152,531,000 for the year, compared to a loss of HKD 15,605,000 in 2022, representing an increase in losses by 876.5%[4]. - The total comprehensive loss for the year amounted to HKD 210,564,000, significantly higher than HKD 33,130,000 in the prior year, marking an increase of 535.5%[4]. - The basic and diluted loss per share for the year was HKD 1.01, compared to HKD 0.07 in the previous year, indicating a significant deterioration in earnings per share[4]. - The company reported a pre-tax loss of HKD 10,054,000 in 2023, down from HKD 14,618,000 in 2022, indicating a reduction of 31.5%[37]. - The company did not declare or recommend any dividends for the year, consistent with 2022[42]. Revenue Breakdown - Revenue from high-tech business increased to HKD 17,134,000, up from HKD 16,071,000, reflecting a growth of 6.6%[21]. - Rental income from property investments decreased to HKD 6,679,000, down 6.1% from HKD 7,108,000[21]. - Interest income from financing services dropped significantly to HKD 12,891,000, a decline of 38.5% from HKD 21,063,000[21]. - The group experienced a net loss of HKD 4,524,000 from securities trading and investment, contrasting with a gain of HKD 33,000 in the previous year[21]. - The company reported a total of HKD 52,632,000 in current liabilities, down from HKD 67,945,000, indicating a decrease of about 22.5%[55]. Asset and Liability Changes - Non-current assets decreased from HKD 968,249 thousand in 2022 to HKD 815,435 thousand in 2023, a decline of approximately 15.8%[6]. - Current assets increased slightly from HKD 404,262 thousand in 2022 to HKD 410,486 thousand in 2023, an increase of about 1.6%[6]. - Total liabilities decreased from HKD 433,278 thousand in 2022 to HKD 382,348 thousand in 2023, a reduction of approximately 11.8%[6]. - Net asset value decreased from HKD 935,461 thousand in 2022 to HKD 801,065 thousand in 2023, a decline of about 14.3%[7]. - Cash and bank balances increased significantly from HKD 38,983 thousand in 2022 to HKD 81,721 thousand in 2023, an increase of approximately 109.5%[6]. Investment and Fair Value Losses - The company recognized a fair value loss on investment properties of HKD 67,069,000, compared to a loss of HKD 12,860,000 in 2022, reflecting a substantial increase in losses[3]. - The fair value loss on financial assets was approximately HKD 50,691,000 for the year ended December 31, 2023, compared to a fair value gain of approximately HKD 47,130,000 in 2022[77]. - The fair value of listed securities decreased to HKD 10,154,000 in 2023 from HKD 66,197,000 in 2022, reflecting a significant decline of approximately 84.7%[45]. Corporate Actions and Governance - The company has changed its principal place of business effective December 1, 2023, to a new location in Hong Kong[9]. - The company has adopted several new and revised Hong Kong Financial Reporting Standards during the year, which did not have a significant impact on its financial performance[14]. - The company has adhered to all provisions of the Corporate Governance Code, except for the separation of roles between the Chairman and the CEO, which are both held by Mr. Liang Jian[155]. - The company has implemented a set of credit policies and procedures to mitigate business-related risks and assess potential borrowers' financial conditions[111]. Future Plans and Strategic Initiatives - The company plans to acquire equity in two companies primarily engaged in real estate and property management to diversify its property investment portfolio in China[80]. - The company plans to acquire 100% of the equity of Meilian Property Management for RMB 35,400,000 and 10% of Zhiying Property Management for RMB 3,900,000, expanding its property management services in China[149]. - The group plans to continue seeking development opportunities in its core businesses, including high-tech, property investment, and securities trading, to create long-term value for shareholders[125].
未来世界控股(00572) - 2023 - 年度业绩