Core Viewpoint - The financial performance of the company, 朸浚国际, has shown significant declines in revenue and net profit for the fiscal year 2024, indicating potential challenges ahead for the business. Financial Performance - The company reported total revenue of HKD 43.008 million for the fiscal year 2024, a year-on-year decrease of 37.43% [3] - The net profit attributable to shareholders was a loss of HKD 21.12 million, an improvement from a loss of HKD 38.178 million in the previous year [3] - The net cash flow from operating activities was HKD 24.268 million, down 30.98% year-on-year [27] Valuation Metrics - As of April 30, the company's price-to-book ratio (TTM) was approximately -1.9 times, and the price-to-sales ratio (TTM) was about 1.98 times [1][3] Business Segments - The company operates primarily in the economic hotel sector through two segments: hotel operations and hotel consulting services [13] Cash Flow and Financing - The net cash flow from financing activities was -HKD 11.978 million, an increase of HKD 22.966 million year-on-year [27] - The net cash flow from investing activities was -HKD 0.25 million, compared to -HKD 0.644 million in the previous year [27] Asset and Liability Changes - As of the end of 2024, cash and cash equivalents increased by 525.88%, contributing to a rise in total assets [34] - Lease liabilities decreased by 16.79%, while short-term borrowings increased by 4% [37] - The current ratio and quick ratio were both reported at 0.24 [41]
朸浚国际：2024年亏损2112万港元