莎莎国际2023/24年中期报告

About Sa SaEstablished in 1978, Sa Sa is a leading beauty product retailing group in Asia.Listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1997 (Stock code: 178), our business covers Hong Kong and Macau SARs, Mainland China and Southeast Asia. We position ourselves as one-stop beauty product specialty platform with a business focus on “Beauty”. We provide diverse and quality products under more than 600 brands ranging from skincare, fragrance, make-up, hair care and body care, inner beauty products as well as beauty equipment.Our diversified e-commerce platforms offer round-the-clock online shopping services along with comprehensive product information to customers from different countries. In line with the new retail era, we are integrating our physical and online business presence, striving to provide a customer-centric omni-channel shopping experience.The Group is included in the FTSE Index Series, MSCI Index Series and S&P Index Series.關於我們莎莎於1978年成立，為亞洲具領導地位的美粧產品零售 集團。公司於1997年於香港聯合交易所有限公司主板上市（股份 代號：178），目前業務遍及香港及澳門特區、中國內地及東南亞。莎莎以「美」為業務重心，並以一站式美粧產品平台的定位為顧客提供多元化的產品組合，我們銷售逾600個 產品品牌，涵蓋護膚品、香水、化粧品、護髮、身體護理 產品、美肌養顏食品及美容儀器等。我們的多元化電子商貿平台為不同國家的顧客提供全天候 24小時的網上零售服務，以及最新產品資訊。為配合新零售 時代，我們正積極整合實體店及線上業務，致力為顧客 締造「以客為中心」的全渠道購物體驗。公司現為「富時指數系列」、「摩根士丹利資本國際指數系列」及「標普指數系列」成份股。 CONTENTS目錄2Financial Highlights財務摘要3Ten-year Financial Summary十年財務資料摘要5Management Discussion & Analysis管理層討論及分析29Condensed Consolidated Interim Income Statement簡明綜合中期收益表30Condensed Consolidated Interim Statementof Comprehensive Income簡明綜合中期全面收入表31Condensed Consolidated Interim Statementof Financial Position簡明綜合中期財務狀況表32Condensed Consolidated Interim Statementof Changes in Equity簡明綜合中期權益變動表33Condensed Consolidated Interim Statementof Cash Flows簡明綜合中期現金流量表34Notes to Condensed ConsolidatedInterim Financial Information簡明綜合中期財務資料附註56Supplementary Information其他資料66Glossary詞彙67Corporate Information公司資料 FINANCIAL HIGHLIGHTS財務摘要Six months ended 30 September 2023截至2023年9月30日止六個月Sa Sa International Holdings Limited Interim Report 2023/20242Turnover營業額Gross profit毛利Profit for the period期內盈利Basic earnings per share每股基本盈利HK$2,144.4million 百萬港元 HK$880.5million 百萬港元 HK$102.4million 百萬港元 3.3HK cents 港仙 38.3%53.6%Solid Financial Position 穩健財務狀況(as at 30 September 2023) （於2023年9月30日）Gearing ratio槓桿比率(Defined as the ratio of total borrowings to total equity)(定義為總借貸與總權益之比例)2.8% Net cash and bank balances淨現金及銀行結餘million 百萬港元HK$164.2Current ratio(times)流動比率(倍)1.5 Remark : The above data is settled in local currency註：以上數據按當地貨幣結算Footprint in Asia亞洲零售網絡184Points of sales銷售點As at 30 September 2023於2023年9月30日Group Geographical Sales Mix集團營業額地區分佈Six months ended 30 September 2023截至2023年9月30日止六個月Hong Kong & Macau SARs 香港及澳門特區80.2%Mainland China中國內地11.4%Southeast Asia東南亞8.2%Others其他0.2%Total共計100.0%Southeast東南亞Offline sales change線下銷售變動3.2%68Mainland China中國內地Offline sales change線下銷售變動25.2%35Hong Kong & Macau SARs香港及澳門特區Offline sales change線下銷售變動64.9%81HK$235.6 million235.6百萬港元(LY: Loss per share of 4.3 HK cents)（去年：每股基本虧損4.3港仙） TEN-YEAR FINANCIAL SUMMARY十年財務資料摘要For the period ended 30 September截至9月30日期間莎莎國際控股有限公司 2023/2024 中期報告3< Note 2>< Note 2>< Note 2>< Note 2>< Note 2>< Note 1>< Note 1>< Note 1>RestatedRestatedRestatedRestatedRestatedRestated2023202220212020201920182017201620152014HK$’000HK$’000HK$’000HK$’000HK$’000HK$’000HK$’000HK$’000HK$’000HK$’000<附註2><附註2><附註2><附註2><附註2><附註1><附註1><附註1>經重列 經重列 經重列 經重列 經重列 經重列港幣千元港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元 港幣千元Condensed ConsolidatedInterim Income Statement簡明綜合中期收益表Turnover營業額– Continuing operations－持續經營業務2,144,4351,550,4931,597,2341,286,1283,394,6644,041,4603,468,3033,402,5623,511,6593,943,988– Discontinued operations－已終止經營業務––––99,463119,019191,588199,555243,012262,4832,144,4351,550,4931,597,2341,286,1283,494,1274,160,4793,659,8913,602,1173,754,6714,206,471Gross profit毛利– Continuing operations－持續經營業務880,476573,304586,518418,9161,281,1591,620,7791,469,3271,417,6141,525,4551,781,961– Discontinued operations－已終止經營業務––––47,45750,73082,38287,448109,307117,676880,476573,304586,518418,9161,328,6161,671,5091,551,7091,505,0621,634,7621,899,637Gross profit margin毛利率– Continuing operations－持續經營業務41.1%37.0%36.7%32.6%37.7%40.1%42.4%41.7%43.4%45.2%– Discontinued operations－已終止經營業務––––47.7%42.6%43.0%43.8%45.0%44.8%41.1%37.0%36.7%32.6%38.0%40.2%42.4%41.8%43.5%45.2%Operating profit/(loss)經營溢利╱（虧損）– Continuing operations－持續經營業務135,066(115,860)(176,107)(286,044)(22,180)247,098157,116148,230209,038420,001– Discontinued operations－已終止經營業務–––5,879(12,290)(13,625)(24,219)(25,226)(21,489)(17,438)135,066(115,860)(176,107)(280,165)(34,470)233,473132,897123,004187,549402,563Profit/(loss) for the period期內溢利╱（虧損）– Continuing operations－持續經營業務102,422(133,183)(181,601)(247,885)(23,789)216,416134,053121,086174,362357,064– Discontinued operations－已終止經營業務–––5,884(12,741)(13,555)(24,116)(25,102)(21,342)(17,302)102,422(133,183)(181,601)(242,001)(36,530)202,861109,93795,984153,020339,762Profit margi