Core Viewpoint - 大唐黄金 (08299) reported significant growth in revenue and net profit for the fiscal year ending March 31, 2024, with a revenue of HKD 1.314 billion, representing an 81.83% year-on-year increase, and a net profit of HKD 66.55 million, up 20.35% year-on-year [3]. Financial Performance - The company achieved a revenue of HKD 1.314 billion, marking an 81.83% increase compared to the previous year [3]. - The net profit attributable to shareholders was HKD 66.55 million, reflecting a year-on-year growth of 20.35% [3]. - The net cash flow from operating activities was HKD 69.03 million, which represents a significant decline of 74.09% year-on-year [29]. - Basic earnings per share were reported at HKD 0.0095, with an average return on equity of 12.45%, down 1.24 percentage points from the previous year [3][25]. Valuation Metrics - As of July 24, the price-to-earnings (P/E) ratio (TTM) was approximately 31.81 times, the price-to-book (P/B) ratio (TTM) was about 3.3 times, and the price-to-sales (P/S) ratio (TTM) was around 1.61 times [3]. Cash Flow and Investment Activities - The net cash flow from financing activities increased significantly to HKD 10.498 million, up HKD 55.228 million year-on-year [29]. - The net cash flow from investing activities was reported at -HKD 97.229 million, compared to -HKD 187 million in the previous year [29]. Asset and Liability Changes - As of March 31, 2025, inventory increased by 168.47%, contributing to a 13.43 percentage point rise in its proportion of total assets [38]. - The company’s fixed assets rose by 6.35%, while cash and cash equivalents decreased by 48.91% [38]. - Accounts receivable and notes receivable decreased by 81.56%, impacting their share of total assets [38]. - Accounts payable and notes payable surged by 240.06%, increasing their share of total assets by 17.59 percentage points [41]. Liquidity Ratios - The current ratio was reported at 1.04, while the quick ratio stood at 0.3 [44].
大唐黄金：2024-2025年度净利润6655万港元 同比增长20.35%