霭华押业信贷2025中期报告

Oi Wah Pawnshop Credit Holdings Limited(Incorporated in the Cayman Islands with limited liability)Stock Code: 01319 2Company Information5Financial Highlights6Management Discussion and Analysis21Review report to the board of directors24Condensed Consolidated Statement of Profit orLoss and other Comprehensive Income25Condensed Consolidated Statement of FinancialPosition27Condensed Consolidated Statement of Changes inEquity28Condensed Consolidated Statement of Cash Flows30Notes to the Condensed consolidated financialstatements67Other Information Contents目錄 coMPany inForMation公司資料 董事會 board oF directorS 執行董事 Mr. Chan Kai Ho Edward(Chairman and ChiefExecutive Officer)Ms. Chan Mei FongMs. Chan Ying Yu 非執行董事 non-executive directorMr. Chan Kai Kow MacksionMr. Ng Siu Hong 獨立非執行董事 independent non-executive directorsDr. Leung Shiu Ki AlbertDr. Yip NgaiMr. Lam On Tai 董事委員會 board coMMitteeS 審核委員會 Dr. Yip Ngai(Chairman)Dr. Leung Shiu Ki AlbertMr. Lam On Tai 薪酬委員會 remuneration committee Mr. Lam On Tai(Chairman)Mr. Chan Kai Ho EdwardDr. Leung Shiu Ki Albert coMPany inForMation公司資料 提名委員會 nomination committeeDr. Leung Shiu Ki Albert(Chairman)Mr. Chan Kai Ho EdwardMr. Lam On Tai 公司秘書HKICPA coMPany SecretaryMr. Cheng Yiu Hang HKICPA 授權代表 authoriSed rePreSentatiVeS Mr. Chan Kai Ho EdwardMs. Chan Ying Yu 註冊辦事處 regiStered oFFice Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman, KY1-1108Cayman Islands Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman, KY1-1108Cayman Islands 香港總部及主要營業地點 h e a d Q u a r t e r Sa n dPrinciPal Place oF buSineSSin hong Kong 62302–2303 Rooms 2302–2303Kwan Chart TowerNo. 6 Tonnochy Road, WanchaiHong Kong 股份代號01319 StocK code coMPany inForMation公司資料 開曼群島股份過戶登記處 cayMan iSlandS ShareregiStrar and tranSFeroFFice Ocorian Trust (Cayman) Ltd.Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands Ocorian Trust (Cayman) Ltd.Windward 3, Regatta Office ParkP.O. Box 1350Grand Cayman KY1-1108Cayman Islands 香港股份過戶登記處 hong Kong Share regiStrar 14821 2103B Boardroom Share Registrars (HK) Limited2103B, 21/F, 148 Electric RoadNorth PointHong Kong 核數師 auditor SHINEWING (HK) CPA LimitedRegistered Public Interest Entity Auditor 法律顧問 legal adViSerS 香港法律方面： as to hong Kong law:P. C. Woo & Co. 開曼群島法律方面：Appleby as to cayman islands law:Appleby 主要往來銀行 PrinciPal banKerS CMB Wing Lung Bank LimitedThe Bank of East Asia, LimitedFubon Bank (Hong Kong) LimitedO-Bank Co., Ltd., Hong Kong Branch 公司網站 coMPany WebSite www.pawnshop.com.hk www.pawnshop.com.hk Financial highlightS財務摘要 財務表現 Financial PerForMance •5.7%82,000,000•25.7%38,400,000•1 1 . 746.8%•2.0•4.7%829,300,000 •R e v e n u ed e c r e a s e d b y 5 . 7 %t oapproximately HK$82.0 million•P r o f i ta t t r i b u t a b l e t o t h e e q u i t yshareholders increased by 25.7% toapproximately HK$38.4 million•Net profit margin increased by 11.7percentage points to 46.8%•Basic earnings per share is HK2.0 cents•The principal of gross loan receivablesdecreased by 4.7% to approximatelyHK$829.3 million 業務表現 buSineSS PerForMance •Total amount of new pawn loans grantedincreased by 14.6% to approximatelyHK$472.7 million•To t a la m o u n t o f n e w m o r t g a g eloans granted decreased by 3.1% toapproximately HK$121.6 million•Net interest margin for pawn loandecreased by 0.6 percentage points to40.0%•Net interest margin for mortgage loandecreased by 1.7 percentage points to9.6% ManageMent diScuSSion and analySiS管理層討論及分析 業務回顧 buSineSS reVieW 本 公司本集團 Oi Wah Pawnshop Credit Holdings Limited(the “company” or “our company”), andits subsidiaries (together with the Companyare collectively referred to as the “group”)is a financing service provider in Hong Kongoperating under the brand name of “Oi Wah”,principallyengaging in providing securedfinancing, including mortgage loans and pawnloans. 按揭抵押貸款業務 Mortgage loan buSineSS 二零二六年財政期間該期間33,600,00041.0%654,100,000121,600,0009.6%27 For the six months ended 31 August 2025(“FP2026”or“the period”),the interestincome of the mortgage loan business of theGroup was approximately HK$33.6 million,which accounted for approximately 41.0%ofthe Group’s total revenue.The grossmortgage loan receivable was approximatelyHK$654.1 million as at 31 August 2025 withtotal new mortgage loans granted amountedto approximately HK$121.6 million in FP2026.Duringthe period,net interest margin ofthe mortgage loan business is about 9.6%.There were 27 new cases of mortgage loantransactions. ManageMent diScuSSion and analySiS管理層討論及分析 典當貸款業務 PaWn loan buSineSS 39,400,0004.5%9,000,00060.7% D u r i n gt h e p e r i o d ,t h e i n t e re s t i n c o m egenerated from the pawn loan business wasapproximatelyHK$39.4 million in FP2026,re p re s e n t i n ga y e a r- o n - y e a r i n c re a s e o fapproximately 4.5%. The Group recordedgain from disposal on repossessed assets ofapproximately HK$9.0 million, representing anincrease of approximately 60.7%. It is mainlyattribu