Chinney Investments Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Mar'23

Mar'22

Mar'21

Mar'20

Mar'19

Mar'18

Mar'17

Net Sales

1,066.41

1,112.50

1,277.98

639.44

1,478.35

1,857.04

1,652.96

Other Operating Income

0.00

Total Operating income

1,066.41

1,112.50

1,277.98

639.44

1,478.35

1,857.04

1,652.96

Raw Material Cost

495.76

514.83

638.74

263.70

744.36

957.20

1,007.36

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

81.75

46.16

49.40

70.37

62.22

109.09

85.27

Power Cost

0.00

Manufacturing Expenses

266.48

178.41

189.50

219.44

143.01

123.96

131.81

Selling and Distribution Expenses

176.89

210.44

206.03

157.78

139.22

210.44

236.85

Other Expenses

-34.82

-22.46

-23.89

-28.98

-20.52

-23.31

-21.71

Total Expenditure (Excl Depreciation)

672.66

725.27

844.78

421.48

883.58

1,167.64

1,244.21

Operating Profit (PBDIT) excl Other Income

393.8

387.2

433.2

218

594.8

689.4

408.8

Other Income

45.88

91.80

25.58

36.58

22.02

2,691.14

83.86

Operating Profit (PBDIT)

465.05

509.93

488.49

290.24

624.03

3,390.29

501.12

Interest

266.48

178.41

189.50

219.44

143.01

123.96

131.81

Exceptional Items

33.96

-126.36

-38.35

-228.63

929.81

248.92

662.92

Gross Profit (PBDT)

570.65

597.67

639.24

375.74

734.00

899.84

645.60

Depreciation

25.42

30.90

29.70

35.70

7.24

9.75

8.51

Profit Before Tax

207.11

174.26

230.93

-193.54

1,403.59

3,505.50

1,023.73

Tax

145.53

133.22

216.11

-11.44

460.56

385.20

301.75

Provisions and contingencies

0.00

Profit After Tax

32.98

55.70

77.88

-45.42

795.38

2,040.24

419.42

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

32.98

55.70

77.88

-45.42

795.38

2,040.24

419.42

Share in Profit of Associates

0.00

Minority Interest

51.93

39.84

40.06

11.21

511.79

1,080.05

302.56

Other related items

0.00

Consolidated Net Profit

84.91

95.54

117.94

-34.21

1,307.16

3,120.30

721.98

Equity Capital

0.00

Face Value

0.0

Reserves

7,993.57

8,448.37

8,234.27

7,722.33

8,085.77

7,679.83

5,225.04

Earnings per share (EPS)

0.06

0.1

0.14

-0.08

1.42

3.7

0.76

Diluted Earnings per share

0.06

0.1

0.14

-0.08

1.42

3.7

0.76

Operating Profit Margin (Excl OI)

36.92%

34.81%

33.9%

34.09%

40.23%

37.12%

24.73%

Gross Profit Margin

21.81%

18.44%

20.39%

-24.68%

95.43%

189.29%

62.45%

PAT Margin

3.09%

5.01%

6.09%

-7.1%

53.8%

109.87%

25.37%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Mar 2023 is -4.14% vs -12.95% in Mar 2022

Consolidate Net Profit

YoY Growth in year ended Mar 2023 is -11.10% vs -19.00% in Mar 2022

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Mar 2023 is 0.26% vs -9.68% in Mar 2022

Interest

YoY Growth in year ended Mar 2023 is 49.38% vs -5.86% in Mar 2022

Operating Profit Margin (Excl OI)

YoY Growth in year ended Mar 2023 has improved from Mar 2022

Compare Annual Results Of Chinney Investments Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(HKD)

Change(%)

Net Sales

1,066.41

17,405.35

-16,338.94

-93.87%

Other Operating Income

0.00

Total Operating income

1,066.41

17,405.35

-16,338.94

-93.87%

Raw Material Cost

495.76

13,247.30

-12,751.54

-96.26%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

81.75

1,267.63

-1,185.88

-93.55%

Power Cost

0.00

Manufacturing Expenses

266.48

1,009.34

-742.86

-73.60%

Selling and Distribution Expenses

176.89

1,488.27

-1,311.38

-88.11%

Other Expenses

-34.82

-199.57

164.75

82.55%

Total Expenditure (Excl Depreciation)

672.66

15,016.82

-14,344.16

-95.52%

Operating Profit (PBDIT) excl Other Income

393.75

2,388.54

-1,994.79

-83.52%

Other Income

45.88

88.70

-42.82

-48.28%

Operating Profit (PBDIT)

465.05

2,708.44

-2,243.39

-82.83%

Interest

266.48

1,009.34

-742.86

-73.60%

Exceptional Items

33.96

-287.53

321.49

111.81%

Gross Profit (PBDT)

570.65

3,926.85

-3,356.20

-85.47%

Depreciation

25.42

231.20

-205.78

-89.01%

Profit Before Tax

207.11

1,180.36

-973.25

-82.45%

Tax

145.53

1,178.11

-1,032.58

-87.65%

Provisions and contingencies

0.00

Profit After Tax

32.98

155.15

-122.17

-78.74%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

32.98

155.15

-122.17

-78.74%

Share in Profit of Associates

0.00

Minority Interest

51.93

-143.89

195.82

136.09%

Other related items

0.00

Consolidated Net Profit

84.91

11.26

73.65

654.09%

Equity Capital

0.00

Face Value

0.00

Reserves

7,993.57

21,518.24

-13,524.67

-62.85%

Earnings per share (EPS)

0.06

0.05

0.01

20.00%

Diluted Earnings per share

0.06

0.05

0.01

20.00%

Operating Profit Margin (Excl OI)

36.92%

13.72%

0.00

23.20%

Gross Profit Margin

21.81%

8.11%

0.00

13.70%

PAT Margin

3.09%

0.89%

0.00

2.20%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 106.64 Million

in Mar 2023

Figures in Million

YoY Growth in year ended Mar 2023 is -4.14% vs -12.95% in Mar 2022

Annual - Consolidate Net Profit

Consolidate Net Profit 8.49 Million

in Mar 2023

Figures in Million

YoY Growth in year ended Mar 2023 is -11.10% vs -19.00% in Mar 2022

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 41.92 Million

in Mar 2023

Figures in Million

YoY Growth in year ended Mar 2023 is 0.26% vs -9.68% in Mar 2022

Annual - Interest

Interest 26.65 Million

in Mar 2023

Figures in Million

YoY Growth in year ended Mar 2023 is 49.38% vs -5.86% in Mar 2022

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 36.92%

in Mar 2023

Figures in %

YoY Growth in year ended Mar 2023 has improved from Mar 2022