富士高实业中期报告 2024/2025

2024/2025Interim Report VISION願景 To become our customers’ preferred strategic partner in theacoustics and electronics industries.成為在電聲及電子領域客戶首選的策略性合作夥伴 。 MISSION使命 Through advancements in innovative technologies, we strive toprovide value-added and distinct products to our customers. 以先進及創新科技 ，竭力為客戶提供高增值 、高差異性的產品 。 VALUES價值觀 We, as a partner, abide by our commitment to our customers.We, as an innovator, relentlessly pursue excellence.We, as a team, cross the finish line together. We, as a corporate citizen, devote ourselves to the prosperity ofour society. 與客為盟 ，信守承諾；銳意創新 ，追求卓越；團結協作 ，達成目標；取之社會 ，回饋社會 。 CONTENTS目錄 2Management Discussion and Analysis管 理 層討 論及分析 7Report of the Directors董 事會 報告 15Report on Review of InterimFinancial Information 17Condensed ConsolidatedStatement of Financial Position 19Condensed ConsolidatedStatement of ComprehensiveIncome 簡明綜合 全面收 益表 21Condensed ConsolidatedStatement of Changes in Equity 簡明綜合權 益變 動表 22Condensed ConsolidatedStatement of Cash Flows 簡明綜合現金 流 量表 24Notes to the CondensedConsolidated Interim FinancialInformation 簡明綜合中期財務資料附 註 43Corporate Information公司資料 Management Discussion and Analysis管理層討論及分析 業務回顧 Business Review 於 截 至2 0 2 4年9月3 0日止6個 月（「中期 期 間 」），多 個 利 淡 因 素 持 續 積 聚，包 括 地 緣 政 治 風 險 及 美國 大 選 風 雲 變 幻。電 聲 行 業 方 面，由 於 行 業 競 爭加劇，經 營 環 境 愈 顯 嚴 峻。就 富 士 高 實 業 控 股 有 限 公司（「本公司 」）及 其 附 屬 公司（ 統 稱「本 集 團 」，或「富 士 高 」）而 言，得 益 於 戴 咪 耳 機 及 音 響 耳 機 業務 與 配 件 及 零 件 業 務 雙 向 並 舉 的 策 略，本 集 團 持續 取 得 業 務 增 長。於 中 期 期 間，本 集 團 總 收 入 達516 , 4 0 0 , 0 0 0港 元（2 0 2 3：4 9 2 , 6 0 0 , 0 0 0港 元），同 比 增 加4 . 8 %。 毛 利 為1 2 1 , 2 0 0 , 0 0 0港 元（2 0 2 3：10 2 , 3 0 0 , 0 0 0港 元），及毛 利率達2 3 . 5%（2 0 2 3：2 0 . 8 %）。儘 管中期 期 間 計 提 保 證 撥 備 約2 , 0 0 0 , 0 0 0港 元，加 上 計提 呆 貨 撥 備 約3 , 7 0 0 , 0 0 0港 元，另 錄 得 匯 兌 虧 損 淨 額 約6 , 9 0 0 , 0 0 0港 元，富 士 高 仍 成 功 達 致 歸 屬 本 公 司 股 權 持 有 人 之 溢 利16,500,000港元（2023：18,200,000港元）。 For the six months ended 30 September 2024 (the “Interim Period”),various concerns continued to persist, including geopolitical risks anduncertainty surrounding the results of the U.S. presidential election.For the electro-acoustic sector, the operating environment hasbecome more challenging, as competition among industry players hasintensified. With regard to Fujikon Industrial Holdings Limited (the“Company”) and its subsidiaries (together, the “Group” or “Fujikon”),the strategy of operating both the headsets and headphones businessand accessories and components business has enabled the Group tosustain business growth. During the Interim Period, the Group’s revenuetotalled HK$516.4 million (2023: HK$492.6 million), representing a year-on-year increase of 4.8%. Gross profit amounted to HK$121.2 million(2023: HK$102.3 million), and gross profit margin reached 23.5% (2023:20.8%). Despite a provision for warranty of approximately HK$2.0million was made for the Interim Period, coupled with making provisionfor inventory obsolescence of approximately HK$3.7 million, in additionto net foreign exchange losses of approximately HK$6.9 million, Fujikonmanaged to maintain the profit attributable to equity holders of theCompany at HK$16.5 million (2023: HK$18.2 million). 業務分部分析 Business Segment Analysis 戴咪耳機及音響耳機 Headsets and Headphones During the Interim Period, the stagnant economic environment,challenging market conditions, and intense competition among audiobrands directly impacted on the order volume received by the Group’sheadsets and headphones segment. The management duly adjustedits business strategy to address the adverse market conditions, whichincluded restructuring the product mix. Specifically, it sought to focuson developing products with longer product cycles, so as to allowFujikon to both diversify and stabilise its income streams. During thistransitional period, and amid a testing market, sales of headsets andheadphones were inevitably affected, with revenue of HK$274.2 million(2023: HK$318.7 million) recorded, which accounted for 53.1% of theGroup’s total revenue. 於 中期期間，經 濟 環境停滯、市場 狀 況 嚴峻及音響品牌競爭激 烈，直接影響本集團戴咪耳 機及音響耳 機分部 取得的訂單量。為應 對不利 市場 狀 況，管理層妥 善調整業務策略，包括產品組合調整。特別是，富士高致力專注開發產品生命週期較長的產品，藉此實現多元化及穩 定的收 入 來 源。於此過 渡 期，在 堅困市況下，戴 咪 耳 機 及音 響 耳 機 銷 售 勢 必受 到 影 響，錄 得 收 入274,200,000港元（2023：318,700,000港元），佔本集團總收入的53.1%。 The adjustment in product mix has nonetheless allowed the Group toenter underserved markets with growth potential, such as automotiveand education. Moreover, these markets, along with gaming and CallCentre & Office (“CC&O”) markets of which Fujikon is also involvedin, have products that characteristically have longer product life cycles,hence enabling the Group to be less vulnerable to market volatility.It is worth noting as well that, during the Interim Period, the Groupsuccessfully secured new clients and projects in the automotive andeducation sectors, which has allowed it to capture a greater share ofthese markets in the coming years. 儘管如此，透過調整產品組合，本集團進軍具備增長潛力的尚待開發市場，諸如汽車及教育產業。此外，該等市場連同富士高亦有涉足的遊戲以及呼叫中心及 辦公室（「呼叫中心及 辦公室」）市場產品的產品生命週期通常較長，故而使得本集團較不易受市場波動影響。同樣