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華南城：2023年報

CHINASOUTHCITY: 2023 Annual Report

Hong Kong Stock Exchange ·  Apr 29 04:50
Summary by Moomoo AI
華南城（01668.HK）已完成截至2023年12月31日的九個月年度報告及企業管治情況。該公司報告指出，在此期間錄得淨虧損達43.18億港元。截至報告期末，公司的利息負擔債務總額為162.95億港元，而手頭現金及等值物僅為2.3億港元。報告期後，公司未能償還本金或利息共216.96億港元，導致92.6億港元的債務需即時償還。此外，公司存在重大不確定性，關於其持續經營的能力。董事會已採取計劃改善流動性及財務狀況，包括債務重組和資產出售。財政年度終止日已從3月31日更改為12月31日，以與主要營運子公司保持一致。集團的聯營公司投資按集團的淨資產份額以權益法計量，減去任何減值損失。集團在每個報告期...展開全部
華南城（01668.HK）已完成截至2023年12月31日的九個月年度報告及企業管治情況。該公司報告指出，在此期間錄得淨虧損達43.18億港元。截至報告期末，公司的利息負擔債務總額為162.95億港元，而手頭現金及等值物僅為2.3億港元。報告期後，公司未能償還本金或利息共216.96億港元，導致92.6億港元的債務需即時償還。此外，公司存在重大不確定性，關於其持續經營的能力。董事會已採取計劃改善流動性及財務狀況，包括債務重組和資產出售。財政年度終止日已從3月31日更改為12月31日，以與主要營運子公司保持一致。集團的聯營公司投資按集團的淨資產份額以權益法計量，減去任何減值損失。集團在每個報告期末按公允價值計量其投資物業和金融資產/負債。集團尚未採用已發行但尚未生效的新修訂香港財務報告準則。集團的金融資產被分類為後續以攤銷成本和透過損益按公允價值計量。集團確認租賃負債以支付租賃款項，並確認使用權資產代表使用潛在資產的權利。集團的政策是在主要收取現金流的權利已到期或已轉讓時，取消金融資產的認識。
South China City (01668.HK) has completed its nine-month annual report and corporate governance for the year ended December 31, 2023. The company reported a net loss of HK$43.18 billion in the period. As of the end of the reporting period, the Company's total interest-bearing liabilities amounted to HK$162.95 billion, while cash on hand and equivalents amounted to only HK$2.3 billion. After the reporting period, the Company failed to repay principal or interest amounting to HK$216.96 billion, resulting in immediate repayment of HK$92.6 million of debt. In addition, there is significant uncertainty about the company's ability to continue to operate. The Board has implemented plans to improve liquidity and financial condition, including debt restructuring and asset sales. The fiscal...Show More
South China City (01668.HK) has completed its nine-month annual report and corporate governance for the year ended December 31, 2023. The company reported a net loss of HK$43.18 billion in the period. As of the end of the reporting period, the Company's total interest-bearing liabilities amounted to HK$162.95 billion, while cash on hand and equivalents amounted to only HK$2.3 billion. After the reporting period, the Company failed to repay principal or interest amounting to HK$216.96 billion, resulting in immediate repayment of HK$92.6 million of debt. In addition, there is significant uncertainty about the company's ability to continue to operate. The Board has implemented plans to improve liquidity and financial condition, including debt restructuring and asset sales. The fiscal year end date has been changed from March 31 to December 31 to be consistent with the principal operating subsidiary. The Group's associates invest in equity based on the Group's share of net assets, minus any impairment losses. The Group measures its investment properties and financial assets/liabilities at fair value at the end of each reporting period. The Group has not yet adopted the new revised Hong Kong Financial Reporting Guidelines, which have been issued but have not yet entered into force. The Group's financial assets are classified as trailing measured at amortization expense and through profit and loss at fair value. THE GROUP CONFIRMS LEASE LIABILITIES TO PAY LEASE PAYMENTS AND CONFIRMS THE RIGHT TO USE THE ASSET REPRESENTS THE RIGHT TO USE THE POTENTIAL ASSET. The Group's policy is to cancel recognition of financial assets when the rights to receive primary cash flows have expired or have been transferred.

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