Financial Performance - The total revenue for Peiport Holdings Ltd. in 2023 was HK$264,037,000, representing a growth of approximately 7.5% compared to HK$245,612,000 in 2022[14]. - The gross profit for 2023 was HK$81,429,000, an increase from HK$72,729,000 in 2022[3]. - The Group reported a loss before tax of HK$4,366,000 for 2023, an improvement from a loss of HK$5,267,000 in 2022[3]. - For the year ended December 31, 2023, the Group recorded a revenue increase of approximately HK$18.4 million to approximately HK$264.0 million, with a loss attributable to owners of the parent of approximately HK$3.3 million[43]. - Revenue from thermal imaging products and services decreased by approximately 6.1%, amounting to approximately HK$71.8 million, accounting for approximately 27.2% of the Group's total revenue[49]. - Revenue from self-stabilised imaging products and services decreased by approximately HK$6.9 million or 13.6%, totaling approximately HK$44.0 million, representing approximately 16.7% of the Group's revenue[51]. - Revenue from general aviation products and services increased by approximately HK$29.1 million or 24.8%, reaching approximately HK$146.6 million, which accounted for approximately 55.5% of the Group's total revenue[57]. - The total revenue of the Group increased by approximately HK$18.4 million, or 7.5%, from approximately HK$245.6 million in 2022 to approximately HK$264.0 million in 2023[65]. Assets and Liabilities - Total assets as of December 31, 2023, were HK$408,814,000, a decrease from HK$419,818,000 in 2022[5]. - Total liabilities for the Group were HK$66,569,000 as of December 31, 2023, slightly reduced from HK$67,337,000 in 2022[5]. - As of December 31, 2023, the Group reported net current assets of approximately HK$320.6 million, down from approximately HK$331.7 million as of December 31, 2022[96]. - The net cash generated from operating activities was approximately HK$14.7 million in 2023, a decrease from HK$40.8 million in 2022[96]. - The net cash used in investing activities was approximately HK$16.6 million in 2023, compared to HK$41.7 million in 2022[96]. Research and Development - In 2023, the Group invested significantly in expanding its research and development team, leading to the successful development of an automatic testing system utilizing AI technology[16]. - The Group invested significantly in expanding its R&D team in mainland China and Hong Kong, developing an AI-based automatic inspection system for market sales[19]. - The Group plans to continue expanding its R&D and marketing teams in 2024, focusing on products utilizing AI technology[22]. - The Group will continue to invest in research and development to strengthen its product portfolio with new offerings to meet market and customer needs[61]. - The company established new research and development centers in the Chinese Mainland and Hong Kong with an allocation of HK$39.6 million, of which HK$19.6 million has been utilized[116]. Market and Sales Strategy - The Group aims to enhance its marketing efforts by establishing offices in various regions of mainland China and expanding into Southeast Asia[27]. - The Group plans to introduce and fully promote newly developed products in 2024 through existing sales networks and maintenance centres in Greater China and Southeast Asia[61]. - The Group's revenue from general aviation products and services is anticipated to increase as it assists suppliers in establishing maintenance centers in various Asian countries[38]. - The Group is committed to maintaining product quality and reliability while investing in advanced technologies to meet user demands[32]. Dividends and Shareholder Information - The final dividend for the year ended December 31, 2022, was distributed to shareholders as a reward for their support[17]. - The board recommended a final dividend of HK1.35 cents per share for the year ended December 31, 2023, and a special dividend of HK1.35 cents per share, totaling HK2.70 cents per share[120][121]. - The proposed dividends are subject to shareholder approval at the AGM scheduled for June 12, 2024, with payment expected on or before July 8, 2024[122]. Corporate Governance - The Company has independent non-executive directors responsible for supervising and providing independent judgment to the Board[153]. - The Company’s nomination committee is chaired by Mr. Niu, while Ms. Yeung chairs the audit committee[156]. - The Company has a diverse board with members having backgrounds in finance, aviation, and marketing, enhancing its governance and strategic oversight[159]. - The company has adopted high corporate governance standards since its listing date on January 11, 2019, and has complied with all applicable code provisions throughout the year ended December 31, 2023[187][188]. - The Board currently consists of six members, including three executive Directors and three independent non-executive Directors, ensuring a diverse range of business experience and professionalism[199]. Management and Personnel - The total number of employees increased to 154 as of December 31, 2023, compared to 149 in the previous year[119]. - Total staff costs for the year ended December 31, 2023, were approximately HK$49.5 million, an increase from HK$47.3 million in 2022[119]. - The company has delegated day-to-day operations and management to senior management, who oversee general operations, business development, finance, and marketing[197]. - The company’s senior management includes individuals with over 20 years of experience in their respective fields, enhancing the company's operational capabilities[175][176][181]. Challenges and Outlook - The Chairman's statement highlighted the challenges posed by COVID-19 and the political and economic environment, yet emphasized the Group's resilience and growth[14]. - The Group remains alert to adapt to changing market dynamics, including geopolitical tensions and economic conditions that may affect product demand[62]. - The Group is optimistic about the prospects of STEM education and will continue developing its STEM business to ensure sustainability and relevance to the market[62].
彼岸控股(02885) - 2023 - 年度财报