CHEVALIER INT'L2025 年报

Vision, Mission and Core Values2Our Businesses3Financial Summary4Corporate Information8Project Highlights10CSR Highlights12Letter to Shareholders14Management Discussion and Analysis17Financial Review25Management Profile31Schedule of Major Properties38Corporate Governance Report43Environmental, Social and Governance Report58Report of the Directors101Independent Auditor’s Report111Index to the Consolidated Financial Statements123Consolidated Income Statement124Consolidated Statement of Comprehensive Income125Consolidated Statement of Financial Position126Consolidated Statement of Changes in Equity129Consolidated Statement of Cash Flows131Notes to the Consolidated Financial Statements133CONTENTS 2025| CHEVALIER INTERNATIONAL HOLDINGS LIMITED | ANNUAL REPORT 2025VISION, MISSION AND CORE VALUESVISIONBe the most trusted business partner of our customersand build together a brighter and sustainable futureMISSIONWe strive to help build and upkeep the community and to providea high-quality living environment through a range of comprehensivequality,efficient and high value-added products and services forthe varied needs and interests of our divers customers. To ensuresustainabilityof our business,we nurture our talents,invest intechnologyand uphold our steadfast commitment to corporategovernance standards and sustainable business practices in an ever-changing environment.CORE VALUES• Striving for Excellence• Upholding Integrity• Caring for Our People• Sustainable Innovation• Maintaining Business Diversity HEALTHCARE INVESTMENTSenior HousingMedical Office BuildingCONSTRUCTION AND ENGINEERINGLifts & EscalatorsAluminium Windows & Curtain WallsBuilding ConstructionCivil Engineering & InfrastructureEnvironmental EngineeringElectrical & Mechanical EngineeringBuilding SuppliesPROPERTY DEVELOPMENT ANDOPERATIONSProperty DevelopmentCold Storage & LogisticsProperty ManagementHotel Investment 2025Property LeasingINSURANCE AND INVESTMENTOTHERSEnterprise & Network SolutionsFreight Logistics ServicesLifestyle Restaurants & BarsTradingTravel Agency | FINANCIAL SUMMARYCHEVALIER INTERNATIONAL HOLDINGS LIMITED | ANNUAL REPORT 20252025 HIGHLIGHTS9,669millionTOTAL EQUITY6.5% Decrease from 20246.5%HK$20,150millionTOTAL ASSETS1.1% Decrease from 20241.1%HK$30.4NET ASSETS PER SHARE6.2% Decrease from 20246.2%HK$3,600TOTAL NUMBER OF EMPLOYEESSimilar to 2024Full Time StaffApproximately (1.57)LOSS PER SHARE27.6% Increase from 202427.6%HK$0.16DIVIDENDS PER SHARE20.0% Decrease from 202420.0%HK$13.0% Increase from 202413.0%9,265millionREVENUEHK$(503)millionLOSS FOR THE YEAR55.7% Increase from 202455.7%HK$ 2025|FINANCIAL SUMMARYREVENUE(HK$ million)7,1348,6347,353(LOSS)/PROFIT ATTRIBUTABLE TOSHAREHOLDERS OF THE COMPANY(HK$ million)23*22258645641Year CHEVALIER INTERNATIONAL HOLDINGS LIMITEDFINANCIAL SUMMARY20252%7%9%13%5%6%Construction and engineeringHealthcare investmentSEGMENT PROFIT/(LOSS) AFTER TAXATION2025(263)(35)(442)(16)(21)143118126 2025|The following is a summary of the total assets, total liabilities, results and other financial information of ChevalierInternational Holdings Limited (the “Company”) and its subsidiaries (together, the “Group”) as of year ended 31March for the last five years.(Restated)()20252024202320222021Financial Information (HK$ million)Total assets20,15020,36420,12920,21518,613Total liabilities10,48110,0229,0958,9888,044Total equity9,66910,34211,03411,22710,569Non-controlling interests496557607638640Shareholders’ funds9,1739,78510,42710,5899,929Share capital– in number (million shares)301302302302302– in value (HK$1.25 per share)1.25377377377377377Revenue9,2658,1967,1348,6347,353(Loss)/profit attributable toshareholders of the Company(473)(370)258645641Per Share Basis (HK$)(Loss)/earnings – basic(1.57)(1.23)0.852.132.12Dividends0.160.200.380.500.55Net assets value– excluding non-controlling interests30.432.434.535.132.920252024HK$ millionHK$ millionSegment Revenue**Construction and engineering6,6875,430Property investment204192Property development and operations785661Healthcare investment1,012956Car dealership1,5021,966Insurance and investment539538Others642592Total11,37110,335Segment Profit/(Loss) after Taxation**Construction and engineering261283Property investment12637Property development and operations(298)(144)Healthcare investment(463)(371)Car dealership(12)(29)Insurance and investment124134Others(26)(55)Total(288)(145)*Included share of revenue/results of associates and joint ventures CORPORATE INFORMATIONCHEVALIER INTERNATIONAL HOLDINGS LIMITED | ANNUAL REPORT 2025CHAIRMAN EMERITUSThe late Dr. CHOW Yei ChingEXECUTIVE DIRECTORSMr. KUOK Hoi Sang(Chairman)Mr. CHOW Vee Tsung, Oscar(Vice Chairman)Mr. TAM Kwok Wing(Managing Director)Mr. HO Chung LeungMr. MA Chi WingMiss Lily CHOWINDEPENDENT NON-EXECUTIVE DIRECTORSProfessor POON Chung KwongMr. Irons SZEMr. SUN Leland Li HsunMs. KWAN Angelina AgnesSECRETARYMr. MUI Chin LeungAUDITORPricewaterhouseCoopersCertified Public Accountantsand Registered Public Interes