新源万恒控股二零二四/二零二五年年报

CONTENTS目錄AbbreviationsFinancial HighlightsCorporate InformationChairman’s StatementBusiness ReviewBiographical Details of Directors and Senior ManagementReport of the DirectorsCorporate Governance ReportIndependent Auditor’s ReportFinancial StatementsConsolidated Statement of Profit or LossConsolidated Statement of Profit or Loss and OtherComprehensive IncomeConsolidated Statement of Financial PositionConsolidated Statement of Changes in EquityConsolidated Statement of Cash FlowsNotes to the Consolidated Financial StatementsFive-Year Financial Summary ANNUAL REPORT 2024/25年報2024/25簡稱2財務摘要3公司資料4主席報告6業務回顧8董事及高級管理人員履歷詳情13董事會報告18企業管治報告29獨立核數師報告50財務報表綜合損益表58綜合損益及其他全面收益表59綜合財務狀況表60綜合權益變動表62綜合現金流量表63綜合財務報表附註65五年財務概要184 ABBREVIATIONS簡稱In this annual report, the following abbreviations have thefollowing meanings unless otherwise specified:“Board”t h eb o a r d o f d i r e c t o r s o f t h eCompany“Company”N e wP r o v e n a n c e E v e r l a s t i n gHoldings Limited“Directors”the directors of the Company“Group”the Company and its subsidiaries“HKD”HongKong dollars,the lawfulcurrency of Hong Kong“Hong Kong”the Hong Kong Special AdministrativeRegion of the PRC“Listing Rules”the Rules Governing the Listing ofSecurities on the Stock Exchange“PRC”the People’s Republic of China,excluding Hong Kong, the MacauSpecial Administrative Region of thePRC and Taiwan“RMB”Renminbi, the lawful currency of thePRC“SFO”the Securities and Futures Ordinance(Chapter 571 of the Laws of HongKong)“Stock Exchange”The Stock Exchange of Hong KongLimited“USD”United States dollars“%”per cent FINANCIAL HIGHLIGHTS財務摘要Operational Results經營業績Revenue收益Gross (loss)/profit（毛損）／毛利Loss for the year年內虧損Loss for the year attributable toowners of the Company本公司擁有人應佔年內虧損Financial Position財務狀況Non-current assets非流動資產Current assets流動資產Current liabilities流動負債Net current assets流動資產淨值Non-current liabilities非流動負債Total equity權益總額Non-controlling interests非控股權益Total equity attributable to ownersof the Company本公司擁有人應佔權益總額Loss per share (HK cent)每股虧損（港仙）Key Ratio Analysis主要比率分析Gross (loss)/profit margin（毛損率）／毛利率Net loss margin純虧損率Current ratio(Note 1)流動比率（附註1）Note:1.Current ratio: Current assets divided by current liabilities. CORPORATE INFORMATION公司資料BOARD OF DIRECTORSExecutive DirectorsMr. Ho Yu-shun(Chairman and Chief Executive Officer)Ms. Sun LeNon-Executive DirectorMs. Sun DiIndependent Non-executive DirectorsMr. Cheung Ngai LamMr. Tang Kin NamMr. Kwong Wing HoAUDIT COMMITTEEMr. Cheung Ngai Lam(Chairman)Mr. Tang Kin NamMr. Kwong Wing HoREMUNERATION COMMITTEEMr. Cheung Ngai Lam(Chairman)Mr. Tang Kin NamMr. Ho Yu-shunMr. Kwong Wing HoNOMINATION COMMITTEEMr. Tang Kin Nam(Chairman)Mr. Cheung Ngai LamMr. Ho Yu-shunMr. Kwong Wing HoRISK MANAGEMENT COMMITTEEMr. Tang Kin Nam(Chairman)Mr. Cheung Ngai LamMr. Ho Yu-shunMr. Kwong Wing HoAUTHORISED REPRESENTATIVEMr. Ho Yu-shunMs. Ng Wing SuenCOMPANY SECRETARYMs. Ng Wing Suen 董事會執行董事何昱勳先生（主席兼行政總裁）孫樂女士非執行董事孫迪女士獨立非執行董事張毅林先生鄧建南先生鄺永浩先生審核委員會張毅林先生（主席）鄧建南先生鄺永浩先生薪酬委員會張毅林先生（主席）鄧建南先生何昱勳先生鄺永浩先生提名委員會鄧建南先生（主席）張毅林先生何昱勳先生鄺永浩先生風險管理委員會鄧建南先生（主席）張毅林先生何昱勳先生鄺永浩先生授權代表何昱勳先生吳穎璇女士公司秘書吳穎璇女士 ANNUAL REPORT 2024/25年報2024/25CORPORATE INFORMATION公司資料核數師國富浩華（香港）會計師事務所有限公司股份代號註冊辦事處Clarendon House 2Church StreetHamilton HM 11Bermuda香港主要營業地點及總辦事處香港灣仔港灣道6-8號瑞安中心11樓1102室主要往來銀行中國建設銀行股份有限公司招商永隆銀行有限公司星展銀行（香港）有限公司恒生銀行有限公司南洋商業銀行有限公司主要股份過戶登記處Conyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11Bermuda香港股份過戶登記分處卓佳證券登記有限公司夏慤道16號遠東金融中心17樓公司網站http://www.npegroup.com.hk 2326香港 AUDITORCrowe (HK) CPA LimitedSTOCK CODE2326REGISTERED OFFICEClarendon House 2Church StreetHamilton HM 11BermudaPRINCIPAL PLACE OF BUSINESS ANDHEAD OFFICE IN HONG KONGUnit 1102, 11/FShui On CentreNo. 6-8 Harbour RoadWanchai, Hong KongPRINCIPAL BANKERSChina Construction Bank CorporationCMB Wing Lung Bank LimitedDBS Bank (Hong Kong) LimitedHang Seng Bank LimitedNanyang Commercial Bank, LimitedPRINCIPAL SHARE REGISTRAR ANDTRANSFER OFFICEConyers Corporate Services (Bermuda) LimitedClarendon House2 Church StreetHamilton HM 11BermudaHONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICETricor Investor Services Limited17/F., Far East Finance Centre16 Harcourt RoadHong KongCOMPANY HOMEPAGEhttp://www.npegroup.com.hk CHAIRMAN’S STATEMENT主席報告On behalf of the Board of the Company, I am pleased topresent the annual report of the Company together with itssubsidiaries (the “Group”) for the year ended 31 March 2025(the “Year”).BUSINESS PERFORMANCEDuring the Year, the Group has been principally engaged inthe sourcing and sale of metal minerals and related industrialmaterials, and the production and sale of industrial products.Following the market conditions in 2023, the price ofmanganese continued to fluctuate significantly in 2024, andthe performance of the Group’s business of sourcing and saleof metal minerals and related industrial materials continued tobe affected. Secondly, due to the fluctuation of the exchangerate between RMB and USD, most customers have requestedRMB as the