Financial Performance - The company reported total revenue of HKD 15,081,000 for the year ended December 31, 2023, representing a significant increase of 279% compared to HKD 3,961,000 in 2022[5]. - Gross profit for the year was HKD 7,281,000, compared to a gross loss of HKD 972,000 in the previous year, indicating a turnaround in profitability[5]. - The operating loss decreased to HKD 7,880,000 from HKD 10,312,000 year-over-year, showing an improvement of 23.8%[5]. - The company incurred a total comprehensive loss of HKD 39,836,000 for the year, compared to HKD 35,324,000 in 2022, reflecting a slight increase in losses[6]. - Basic and diluted loss per share was HKD 4.87, compared to HKD 2.71 in the previous year, indicating a worsening in per-share performance[6]. - The company reported a net loss of HKD 45,076,000 for the year ended December 31, 2023, compared to a net loss of HKD 38,539,000 in 2022, representing an increase in losses of approximately 16%[21]. - Total comprehensive loss for the year was HKD 39,836,000, compared to HKD 35,324,000 in the previous year, indicating an increase of approximately 13%[21]. - The group has experienced a net loss of HKD 4,319,000 in 2023, compared to a net gain of HKD 10,019,000 in 2022, indicating a significant decline in overall financial performance[37]. - The company did not declare or recommend any final dividends for the year, consistent with the previous year[45]. - The company does not recommend the payment of a final dividend for the year ended December 31, 2023[69]. Assets and Liabilities - Total assets increased to HKD 27,554,000 from HKD 22,213,000, marking a growth of 24%[8]. - Total liabilities decreased to HKD 172,272,000 from HKD 222,558,000, representing a reduction of 22.6%[9]. - The company's equity deficit improved slightly, with total capital deficit at HKD 144,718,000 compared to HKD 200,345,000 in the previous year[9]. - Cash and cash equivalents decreased to HKD 12,003,000 from HKD 13,599,000, indicating a decline of 11.7%[8]. - The total amount of secured borrowings was approximately HKD 131.2 million at a fixed interest rate of 18.0%, while unsecured borrowings amounted to approximately HKD 7.2 million at a fixed interest rate of 5%[56]. - As of December 31, 2023, the group had a capital deficit of HKD 144.718 million, which included cash and cash equivalents of HKD 12.003 million and other borrowings of HKD 138.444 million[76]. - The total amount of secured and unsecured borrowings was approximately HKD 138.4 million, all of which will mature within two to five years[56]. Operational Highlights - The company continues to focus on its robotics business, which remains its primary operational segment[14]. - The group is actively negotiating a contract for engineering-related services worth RMB 15,000,000 (approximately HKD 16,443,000) to improve operational performance and cash inflow in its robotics business in China[22]. - The group recognized government subsidies related to R&D support from local Chinese authorities, amounting to HKD 821,000 in 2023, compared to HKD 111,000 in 2022[36]. - The group plans to continue sourcing additional funds from external resources and/or fundraising opportunities to support its operations[24]. - The group is focused on improving its robotics business performance and generating sufficient cash inflows through strategic measures[23]. - The management is actively working to improve the operating performance and net cash inflow of the robotics business in China, including negotiating engineering-related services worth RMB 15,000,000 (approximately HKD 16,443,000) with a client[77]. Revenue Sources - The group reported revenue from customer contracts of HKD 15,081,000 in 2023, a significant increase from HKD 3,961,000 in 2022, reflecting a growth of approximately 279%[34]. - The company recorded a significant increase in engineering business revenue, contributing approximately HKD 15,100,000 to total revenue, up 280.8% year-over-year[51]. - The group has identified key customers contributing over 10% of total revenue, with Customer A generating HKD 5,160,000 in 2023[31]. Cost Management - The total employee cost for the year was approximately HKD 6.6 million, a decrease from approximately HKD 11.1 million for the fiscal year ended December 31, 2022[63]. - Administrative expenses decreased to approximately HKD 13,100,000 from HKD 15,800,000 in the previous year, with reductions in employee-related costs and short-term lease expenses[54]. - Other income for the year was approximately HKD 347,000, down from HKD 5,800,000 in the previous year, primarily due to the absence of one-time litigation compensation received in the prior year[51]. Financing Activities - The company issued new shares through debt capitalization amounting to HKD 30,372,000 during the year[21]. - Non-controlling interests injection amounted to HKD 66,316,000, contributing to the overall equity position[21]. - The group entered into a new financing agreement with Huizhou Jindasheng Investment Co., Ltd., securing approximately RMB 14,568,000 (equivalent to HKD 15,969,000) available for withdrawal as needed[77]. - The group anticipates that it will have sufficient operating funds to meet its financial obligations due within the next twelve months[23]. - The outlook for the robotics industry indicates a significant growth potential, with expectations for the Chinese intelligent robotics market to approach RMB 100 billion by 2025[68].
超人智能(08176) - 2023 - 年度业绩