星盛商业二零二五年中期报告

6668 目 錄 2319232425262729 公司資料 71 Fort StreetPO Box 500George TownGrand CaymanKY1-1106Cayman Islands 111171704 1WorldA33 Appleby Global Services (Cayman) Limited71 Fort StreetPO Box 500George TownGrand CaymanKY1-1106Cayman Islands 1617 •8835 www.g-cre.com 管理層討論與分析 202563052212.65845.8%271.65 COCO ParkCOCO CityiCOCOCO Garden 2025202520252025TOP10CCFA2025 CCFA20252025COCO Park202550 ••••LED 管理層討論與分析 •(i)(ii)(iii)•(i)(ii)(iii)•(i)(ii)(iii)(iv)• •(i)(ii) ••(i)(ii)• 管理層討論與分析 •(i)(ii)(iii)•(i)(ii)•(i)(ii)(iii)• 2025COCO Park 管理層討論與分析 20256 30 管理層討論與分析 (1)(2)(3)(4)(5)202563020246308 管理層討論與分析 (1) 2025 20252025 COCO ParkCOCO ParkCOCO Park 管理層討論與分析 2025 WORLD • COCO Park COCO ParkMALL 管理層討論與分析 2025 COCO CityWORLD • COCO ParkCOCO City80% B C-B-(ERP)CCOCO Club 管理層討論與分析 2025 AIBI 20256 30 管理層討論與分析 2025630284.29.4% 2025630185.711.4%65.3% 202563034.420.8%12.1% 202563064.15.7%22.6% 管理層討論與分析 2025630135.510.8% 2025630148.78.2% 202563052.3%202451.6%0.7 20256302024 20256302024 202563024.5%202412.7%11.8 管理層討論與分析 202563015.6 20256301.1 20256 300.720246 301.3 20256306.754.5% 202563026.317.0% 16 202563018.5 20256 3020246 300.1 管理層討論與分析 202563024.99.0% 202563086.10.5%86.92.5% 202563047.3202412317.5% 2025630223.22024123122.0% 2025630 20256301,368.4202412311,366.5 20256 3020241231 管理層討論與分析 202563044.8%2024123144.9% 2025630 0.0120211 2620211143.86270,640,000 777.0202121864.8 2021126202282520228252022 管理層討論與分析 2025630 370.02022825 管理層討論與分析 20256 30840202412 319542021114 2021114202341720234172025981,0002024630402,000 2025630— 2025630 202563020241231 企業管治及其他資料 2025630C12 C320256302025630 2025630202413.51B(1) 2025630•24102025630 20256301,014,516,000 2025630 2025630 企業管治及其他資料 20256 30571XV352 (1)20256301,014,516,000 (3) 4 2025630XV(a)352(b) 企業管治及其他資料 20256 30336 (1)20256301,014,516,000 (3)Long HarmonyTMF (Cayman)TMF (Cayman)TMF (Cayman)Long Harmony (4) (5) 2025630336 201981 10 20234 1713654,800,000202563016,080,000 17 企業管治及其他資料 20201221 20256302025630202563017 202563020256302025630 20251 12025630100,000,0009.86% 2021114 2025630202463020256301,937,000 2025630 6305.020246304.8 202511282025121202563020251127161720251219202512 1 20258 28 簡明綜合財務報表審閱報告 24482025630343434 24102410 34 • 20258 28 簡明綜合損益及其他全面收益表 簡明綜合權益變動表 (i) (ii)10%50% (iii) 簡明綜合現金流量表 簡明綜合財務報表附註 1. 3434 2. 202563020241231 20251 1 21 簡明綜合財務報表附註 3. •••A. 簡明綜合財務報表附註 3. A. (ii) 202563011,330,00020246309,886,000 簡明綜合財務報表附註 3. B. 10% 4. 簡明綜合財務報表附註 5. 202563020241231 6. 簡明綜合財務報表附註 6. 16.5% 25%2022202515% 7. 簡明綜合財務報表附註 8. 20256305.050,726,00097,000141,937,00020246 3093,000 2025630202412318.384,205,00077,108,000161,000147,0001,937,0002025710 20246 30202312 3113.0131,887,000120,066,000252,000229,0001,937,0002024710 簡明綜合財務報表附註 9. 10. 26,169,000202463044,912,000 簡明綜合財務報表附註 簡明綜合財務報表附註 11. 20241 112,911,000 1030 20256304,611,00020243,790,000886,00020242,555,0009090 簡明綜合財務報表附註 (i)20,000,000202420,000,000 (ii) (iii) 簡明綜合財務報表附註 3090 簡明綜合財務報表附註 (i)11(ii) (ii) 13. 簡明綜合財務報表附註 13. 14. 20201221 (i)10%(ii)1%(iii)0.1%5 (i)(ii)(iii) 20242025630 簡明綜合財務報表附註 14. 2021114 (i)5%(ii)1%5%1% 2025630202463020256 301,937,000 20242025630 2023417 簡明綜合財務報表附註 14. 150,000,00020234 1714.72% 202341713654,800,00019,650,000 (i)(ii) 簡明綜合財務報表附註 14. 20234171.48 9,843,000 2025630981,0002024630402,000 15. 簡明綜合財務報表附註 16. (a) (i) (ii) 簡明綜合財務報表附註 16. (b) (i)(ii)(iii)(iv)20256303,035,00020246302,947,00020256 301,589,00020246 301,663,000(v) 簡明綜合財務報表附註 16. (b) 123