Lai Fung Holdings Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Jul'23

Jul'22

Jul'21

Jul'20

Jul'19

Jul'18

Jul'17

Net Sales

1,894.99

2,633.21

3,278.84

1,273.05

1,517.14

1,142.06

1,478.28

Other Operating Income

0.00

Total Operating income

1,894.99

2,633.21

3,278.84

1,273.05

1,517.14

1,142.06

1,478.28

Raw Material Cost

880.81

1,198.46

2,451.76

584.44

530.34

254.53

649.59

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

398.21

341.77

344.21

275.77

218.88

198.21

190.54

Power Cost

0.00

Manufacturing Expenses

596.22

399.77

401.43

262.87

114.29

205.09

166.08

Selling and Distribution Expenses

420.08

376.36

385.18

330.49

300.85

353.44

394.23

Other Expenses

-82.56

-49.35

-39.91

-28.91

-16.38

-7.95

-11.37

Total Expenditure (Excl Depreciation)

1,469.69

1,822.87

3,183.50

1,164.47

1,000.52

931.72

1,286.72

Operating Profit (PBDIT) excl Other Income

425.3

810.3

95.3

108.6

516.5999999999999

210.3

191.6

Other Income

-11.39

-119.01

40.10

74.42

1.05

406.20

550.61

Operating Profit (PBDIT)

577.48

934.63

403.19

431.03

687.01

900.06

980.48

Interest

596.22

399.77

401.43

262.87

114.29

205.09

166.08

Exceptional Items

-248.40

-13.38

30.33

-1,101.65

652.86

939.47

910.64

Gross Profit (PBDT)

850.62

1,191.43

559.33

440.58

931.76

809.10

756.46

Depreciation

163.56

243.31

267.75

248.03

55.04

78.43

72.23

Profit Before Tax

-430.71

278.18

-235.65

-1,181.52

1,170.54

1,556.01

1,652.80

Tax

258.43

561.89

439.41

42.21

430.48

264.53

62.22

Provisions and contingencies

0.00

Profit After Tax

-584.70

-134.52

-538.97

-1,006.26

668.56

1,180.12

1,477.45

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

-584.70

-134.52

-538.97

-1,006.26

668.56

1,180.12

1,477.45

Share in Profit of Associates

0.00

Minority Interest

-104.65

-149.36

-136.60

-218.29

71.50

111.35

113.13

Other related items

0.00

Consolidated Net Profit

-689.35

-283.88

-675.57

-1,224.56

740.05

1,291.47

1,590.58

Equity Capital

0.00

Face Value

5.0

0.1

Reserves

12,777.90

14,606.45

15,431.26

14,309.10

15,834.01

15,502.87

14,584.11

Earnings per share (EPS)

-1.77

-0.41

-1.63

-3.05

2.04

3.6

4.55

Diluted Earnings per share

-1.77

-0.41

-1.63

-3.05

2.04

3.6

4.55

Operating Profit Margin (Excl OI)

22.44%

30.77%

2.91%

8.53%

34.05%

18.42%

12.96%

Gross Profit Margin

-14.1%

19.8%

0.98%

-73.33%

80.78%

143.11%

116.69%

PAT Margin

-30.86%

-5.11%

-16.44%

-79.04%

44.07%

103.33%

99.94%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Jul 2023 is -28.03% vs -19.69% in Jul 2022

Consolidate Net Profit

YoY Growth in year ended Jul 2023 is -142.83% vs 57.98% in Jul 2022

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Jul 2023 is -44.11% vs 190.17% in Jul 2022

Interest

YoY Growth in year ended Jul 2023 is 49.12% vs -0.40% in Jul 2022

Operating Profit Margin (Excl OI)

YoY Growth in year ended Jul 2023 has fallen from Jul 2022

Compare Annual Results Of Lai Fung Holdings Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(HKD)

Change(%)

Net Sales

1,894.99

147.35

1,747.64

1,186.05%

Other Operating Income

0.00

Total Operating income

1,894.99

147.35

1,747.64

1,186.05%

Raw Material Cost

880.81

24.65

856.16

3,473.27%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

398.21

18.84

379.37

2,013.64%

Power Cost

0.00

Manufacturing Expenses

596.22

0.00

596.22

Selling and Distribution Expenses

420.08

1.41

418.67

29,692.91%

Other Expenses

-82.56

2.58

-85.14

-3,300.00%

Total Expenditure (Excl Depreciation)

1,469.69

70.72

1,398.97

1,978.18%

Operating Profit (PBDIT) excl Other Income

425.30

76.63

348.67

455.00%

Other Income

-11.39

0.55

-11.94

-2,170.91%

Operating Profit (PBDIT)

577.48

103.01

474.47

460.61%

Interest

596.22

0.00

596.22

Exceptional Items

-248.40

-252.48

4.08

1.62%

Gross Profit (PBDT)

850.62

96.88

753.74

778.01%

Depreciation

163.56

25.82

137.74

533.46%

Profit Before Tax

-430.71

-175.29

-255.42

-145.71%

Tax

258.43

13.00

245.43

1,887.92%

Provisions and contingencies

0.00

Profit After Tax

-584.70

-188.29

-396.41

-210.53%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

-584.70

-188.29

-396.41

-210.53%

Share in Profit of Associates

0.00

Minority Interest

-104.65

0.00

-104.65

Other related items

0.00

Consolidated Net Profit

-689.35

-188.29

-501.06

-266.11%

Equity Capital

0.00

Face Value

5.00

0.00

Reserves

12,777.90

3,901.07

8,876.83

227.55%

Earnings per share (EPS)

-1.77

-0.46

-1.31

-284.78%

Diluted Earnings per share

-1.77

-0.46

-1.31

-284.78%

Operating Profit Margin (Excl OI)

22.44%

52.01%

0.00

-29.57%

Gross Profit Margin

-14.10%

-101.44%

0.00

87.34%

PAT Margin

-30.86%

-127.78%

0.00

96.92%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 189.50 Million

in Jul 2023

Figures in Million

YoY Growth in year ended Jul 2023 is -28.03% vs -19.69% in Jul 2022

Annual - Consolidate Net Profit

Consolidate Net Profit -68.94 Million

in Jul 2023

Figures in Million

YoY Growth in year ended Jul 2023 is -142.83% vs 57.98% in Jul 2022

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 58.89 Million

in Jul 2023

Figures in Million

YoY Growth in year ended Jul 2023 is -44.11% vs 190.17% in Jul 2022

Annual - Interest

Interest 59.62 Million

in Jul 2023

Figures in Million

YoY Growth in year ended Jul 2023 is 49.12% vs -0.40% in Jul 2022

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 22.44%

in Jul 2023

Figures in %

YoY Growth in year ended Jul 2023 has fallen from Jul 2022