汉国置业2024/25年报

2024/25. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .30. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .53. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .59. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .60. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .61. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .63. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .64. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .66. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .166. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .167 general@chinneyhonkwok.com:ir@chinneyhonkwok.com 16http://www.honkwok.com.hk *** 2024/25979271711123(852) 2523 7177(852) 2845 1629160 ****** 2024/2520212022 2023 2024 20251,276122202212.51713 12.5(*) 20212022 20232025202411,976$16.62$17.02$16.19$15.35$14.6111,66311,06010,52712,26420212022 20232025202460%61%58%57%59%31%30%37%46%49% 12,700,000688,000,000202420253312024 20253317%1,013,000,00020241,087,000,0002024132,100,0002024127,500,0002023/20244,600,000675,300,0000.006310,527,000,0002024314.6120243315.33%20248 2024/254.5%0.93743111,060,000,00015.354.33%15% 2024/25••HONKWORK 2025279 2024/25100%(HIBOR)20244.0 5%41%250 100%V650,000 2024/2535-452024861975 65%80%20252162023 2024/25 2025 626 2024/252017Universityof Washingtonof California College of the Law, San FranciscoHastings College of Law216LuckyYear Finance Limited3851556 2023UniversityUniversity of California San Francisco,Florida Institute of TechnologyLuckyYear 2024/252025419872022202220082012 2024201320162111105019991999 420241202120222009 2024/252023LuckyYear2019201463019951998 202572012630 2024/25(EastWest Bank)EastEast West Bancorp, Inc.20002004Harvard Kennedy School of Government’s Women’s Leadership Board(HKUST)MBA 2019West Bancorp, Inc.Hong Kong America Fulbright CenterChinaSF 2024/25201920162000Limited2009(ChateauPinnacle)IslandNavigation Inc.(C.Y.Tung Group)TransportAssociated Investment Ltd.Taiwan Chinese Maritime Transport(SCAA) 2015LaSalle Investment ManagementGrosvenorAsia PacificTaiwanChinese MaritimeC.Y. Tung 2024/251994 202320002022300 202110 2024/252018201820092021(Universityof Wolverhampton)(MRICS)(FRM) (CFA)(CAIA) 2024/25C1C320254 1915 2024/25(a)(b)(c)(d) 3.13 2024/25 2024/25104 104B.2.2 2024/25ABABABABABABABABAB A:B:(a)(b)(c)(d)(e) 2025331 2024/252005•••• E.1.2 2024/25 •••••• 20012021 2024/25 2024/2570-792801101120142025331 1:0.84 2024/252025331*202475 2024/2553 58 2024/25a.b.c.d.e.f.g.h. 15 2024/255%50 1.2.3. 615 6225662.5%6 2024/25212025626 2025331(iii)1532025331202598202533120252025829202582620258292025825162025829 2024/25(i)(ii)673959165320246.2510617 2024/2520253312025921,013,000,00012,700,0002024612,000,0002025331213,000,0002024127,500,0004,600,0003110,527,000,00014.61202448.7%202446.4% 2024132,100,0000.937415.35 20259520259820259416171,087,000,0002024399,000,0002025/2026688,000,0006 7 5 , 3 0 0 , 0 0 02 0 2 420240.006320253202411,060,000,0002025331 2024/25593,000,0002025331264,000,00060202412399,000,000 (i)(1)1442024/2025 528,000,0002024210,300,0002024100%77,300202310612,000,0004060%45,000,000 2024/25(i)(1)84,000,0002025172,000,000270,000,000200,000(2) 3312024 100%20%2 2 4 , 5 0 020249,000,000 50% 2024/25436,000,000688,000,0002025331123,400,000廳 (ii)20253312024127,500,000403,000,000(1)3 22024(LEED) 438,000,00020242024100%41,30012 2024/25(ii)(1)13,00075128,000(LEED)65%202468% 100%100% 2087%202483%– 2024/256493%202494%65%202469% (ii)(1)521108,000•(ESG) 100%162370%100%4– 2024/25(ii)(1) 100%Honkwork –•• 2024/254281% (ii)(1)202484% 100%173,0004 41 2024/25(ii)(2)Digital Realty Kin Chuen (HKG11)Digital Realty Kin Chuen (HKG11) 100%12 228,000 2024/254 (ii)(2)2025BIPV 100%42171 2024/25(ii)(2)2062,000202490%87%