AI assistant
KFIC — Interim / Quarterly Report 2021
Sep 29, 2021
51791_rns_2021-09-29_f0da5ced-a4c5-45f4-84df-6f5335724f8c.pdf
Interim / Quarterly Report
Open in viewerOpens in your device viewer
==> picture [86 x 102] intentionally omitted <==
廣豐實業股份有限公司
KWONG FONG INDUSTRIES CORPORATION
Institutional Investor Conference
-
- 1416
==> picture [960 x 42] intentionally omitted <==
2021
Disclaimer
==> picture [38 x 44] intentionally omitted <==
•Contents within this report are based on the company’s predictions of future operations and are prospective descriptions that contain elements of risks and uncertainty. Hence the actual results of business operations might differ to the descriptions in this report.
•With the exception of law regulations, the company is exempt from any responsibilities on new information, future occurrences or other means mentioned within the contents of this report.
==> picture [960 x 42] intentionally omitted <==
Corporate Introduction Kwong Fong Industries Corporation Establishment Date：24th June 1968 Floatation Date：April 1976 ： Paid-in Capital 1,853,421,680 NTD Chairperson ：Leo Ho Main Business ：Property Development, Housing Construction, ， Mall Management Digital Technology
==> picture [38 x 44] intentionally omitted <==
==> picture [960 x 42] intentionally omitted <==
Affiliated Companies
==> picture [38 x 44] intentionally omitted <==
==> picture [126 x 67] intentionally omitted <==
----- Start of picture text -----
Kwong Fong
Industries
Corporation
----- End of picture text -----
==> picture [635 x 81] intentionally omitted <==
----- Start of picture text -----
Pao Fong Asset Galaxy Digital
Kwong Fong MDBS Digital
Management Co. Technology Co., Ltd.
Holdings Limited Ltd. Technology Co., Ltd.
100% 100% 51% 51%
----- End of picture text -----
Company Name Main Business or Manufacturing Product
Kwong Fong Holdings Limited Investment of different assets Pao Fong Asset Management Asset Management, Real-estate Development, Housing Co. Ltd. Construction, Mall Management MDBS Digital Technology Co., 、 Digital Technology Information Software Services Ltd. Galaxy Digital Technology Co., 、 Digital Technology Information Software Services Ltd.
==> picture [960 x 42] intentionally omitted <==
2021Q2 Consolidated Balance Sheet
| 2021.6.30 | 2021.6.30 | 2021.6.30 | 2020.12.31 | 2020.12.31 | 2020.12.31 | |||
|---|---|---|---|---|---|---|---|---|
| in NT$ thousands | Amount | % | Amount | % | ||||
| Total current assets | 2,070,924 | 48% | 5,502,930 | 76% | ||||
| Cash and cash equivalents | 920,288 | 22% | 363,838 | 5% | ||||
| Inventory | 661,643 | 15% | 661,643 | 9% | ||||
| Other current assets | 488,993 | 11% | 4,477,449 | 62% | ||||
| Total noncurrent assets | 2,201,600 | 52% | 1,707,560 | 24% | ||||
| Financial Assets at Fair Value through Other Comprehensive Income |
1,756,382 |
41% | 1,278,465 | 18% | ||||
| Other noncurrent assets | 445,218 | 11% | 429,095 | 6% | ||||
| Total Assets | 4,272,524 | 100% | 7,210,490 | 100% | ||||
| Total current liabilities | 174,648 | 4% | 3,205,768 | 45% | ||||
| Short-term bank loans | 67,017 | 2% | 3,112,152 | 43% | ||||
| Other current liabilities | 107,631 | 2% | 93,616 | 2% | ||||
| Total noncurrent liabilities | 523,281 | 12% | 386,985 | 5% | ||||
| Long-term bank loans | 346,285 | 8% | 53,958 | 1% | ||||
| Other noncurrent liabilities | 176,996 | 4% | 333,027 | 4% | ||||
| Total Liabilities | 697,929 | 16% | 3,592,753 | 50% | ||||
| Total Equity | 3,574,595 | 84% | 3,617,737 | 50% |
==> picture [38 x 44] intentionally omitted <==
==> picture [960 x 37] intentionally omitted <==
2021Q2 Consolidated Income Statement
| 2021 Q2 2020 Q2 Diff OPERATING REVENUES 76,795 20,227 56,568 280% OPERATING COSTS (55,437) (26,642) 28,795 108% GROSS PROFIT 21,358 (6,415) 27,773 433% OPERATING EXPENSES (80,758) (29,029) 51,729 178% OPERATING PROFIT (59,400) (35,444) 23,956 68% NON-OPERATING INCOME AND EXPENSES 121,275 (166,240) 287,515 173% PROFIT BEFORE INCOME TAX 61,875 (201,684) 263,559 131% TAX (2,298) 46,343 48,641 105% PROFIT (LOSS) FROM CONTINUING OPERATIONS 59,577 (155,341) 214,918 138% PROFIT (LOSS) FROM DISCONTINUED OPERATIONS 10,169 ( 34,468) 44,637 130% NET INCOME 69,746 (189,809) 259,555 137% |
2021 Q2 2020 Q2 Diff OPERATING REVENUES 76,795 20,227 56,568 280% OPERATING COSTS (55,437) (26,642) 28,795 108% GROSS PROFIT 21,358 (6,415) 27,773 433% OPERATING EXPENSES (80,758) (29,029) 51,729 178% OPERATING PROFIT (59,400) (35,444) 23,956 68% NON-OPERATING INCOME AND EXPENSES 121,275 (166,240) 287,515 173% PROFIT BEFORE INCOME TAX 61,875 (201,684) 263,559 131% TAX (2,298) 46,343 48,641 105% PROFIT (LOSS) FROM CONTINUING OPERATIONS 59,577 (155,341) 214,918 138% PROFIT (LOSS) FROM DISCONTINUED OPERATIONS 10,169 ( 34,468) 44,637 130% NET INCOME 69,746 (189,809) 259,555 137% |
2021 Q2 2020 Q2 Diff OPERATING REVENUES 76,795 20,227 56,568 280% OPERATING COSTS (55,437) (26,642) 28,795 108% GROSS PROFIT 21,358 (6,415) 27,773 433% OPERATING EXPENSES (80,758) (29,029) 51,729 178% OPERATING PROFIT (59,400) (35,444) 23,956 68% NON-OPERATING INCOME AND EXPENSES 121,275 (166,240) 287,515 173% PROFIT BEFORE INCOME TAX 61,875 (201,684) 263,559 131% TAX (2,298) 46,343 48,641 105% PROFIT (LOSS) FROM CONTINUING OPERATIONS 59,577 (155,341) 214,918 138% PROFIT (LOSS) FROM DISCONTINUED OPERATIONS 10,169 ( 34,468) 44,637 130% NET INCOME 69,746 (189,809) 259,555 137% |
2021 Q2 2020 Q2 Diff OPERATING REVENUES 76,795 20,227 56,568 280% OPERATING COSTS (55,437) (26,642) 28,795 108% GROSS PROFIT 21,358 (6,415) 27,773 433% OPERATING EXPENSES (80,758) (29,029) 51,729 178% OPERATING PROFIT (59,400) (35,444) 23,956 68% NON-OPERATING INCOME AND EXPENSES 121,275 (166,240) 287,515 173% PROFIT BEFORE INCOME TAX 61,875 (201,684) 263,559 131% TAX (2,298) 46,343 48,641 105% PROFIT (LOSS) FROM CONTINUING OPERATIONS 59,577 (155,341) 214,918 138% PROFIT (LOSS) FROM DISCONTINUED OPERATIONS 10,169 ( 34,468) 44,637 130% NET INCOME 69,746 (189,809) 259,555 137% |
2021 Q2 2020 Q2 Diff OPERATING REVENUES 76,795 20,227 56,568 280% OPERATING COSTS (55,437) (26,642) 28,795 108% GROSS PROFIT 21,358 (6,415) 27,773 433% OPERATING EXPENSES (80,758) (29,029) 51,729 178% OPERATING PROFIT (59,400) (35,444) 23,956 68% NON-OPERATING INCOME AND EXPENSES 121,275 (166,240) 287,515 173% PROFIT BEFORE INCOME TAX 61,875 (201,684) 263,559 131% TAX (2,298) 46,343 48,641 105% PROFIT (LOSS) FROM CONTINUING OPERATIONS 59,577 (155,341) 214,918 138% PROFIT (LOSS) FROM DISCONTINUED OPERATIONS 10,169 ( 34,468) 44,637 130% NET INCOME 69,746 (189,809) 259,555 137% |
2021 Q2 2020 Q2 Diff OPERATING REVENUES 76,795 20,227 56,568 280% OPERATING COSTS (55,437) (26,642) 28,795 108% GROSS PROFIT 21,358 (6,415) 27,773 433% OPERATING EXPENSES (80,758) (29,029) 51,729 178% OPERATING PROFIT (59,400) (35,444) 23,956 68% NON-OPERATING INCOME AND EXPENSES 121,275 (166,240) 287,515 173% PROFIT BEFORE INCOME TAX 61,875 (201,684) 263,559 131% TAX (2,298) 46,343 48,641 105% PROFIT (LOSS) FROM CONTINUING OPERATIONS 59,577 (155,341) 214,918 138% PROFIT (LOSS) FROM DISCONTINUED OPERATIONS 10,169 ( 34,468) 44,637 130% NET INCOME 69,746 (189,809) 259,555 137% |
2021 Q2 2020 Q2 Diff OPERATING REVENUES 76,795 20,227 56,568 280% OPERATING COSTS (55,437) (26,642) 28,795 108% GROSS PROFIT 21,358 (6,415) 27,773 433% OPERATING EXPENSES (80,758) (29,029) 51,729 178% OPERATING PROFIT (59,400) (35,444) 23,956 68% NON-OPERATING INCOME AND EXPENSES 121,275 (166,240) 287,515 173% PROFIT BEFORE INCOME TAX 61,875 (201,684) 263,559 131% TAX (2,298) 46,343 48,641 105% PROFIT (LOSS) FROM CONTINUING OPERATIONS 59,577 (155,341) 214,918 138% PROFIT (LOSS) FROM DISCONTINUED OPERATIONS 10,169 ( 34,468) 44,637 130% NET INCOME 69,746 (189,809) 259,555 137% |
2021 Q2 2020 Q2 Diff OPERATING REVENUES 76,795 20,227 56,568 280% OPERATING COSTS (55,437) (26,642) 28,795 108% GROSS PROFIT 21,358 (6,415) 27,773 433% OPERATING EXPENSES (80,758) (29,029) 51,729 178% OPERATING PROFIT (59,400) (35,444) 23,956 68% NON-OPERATING INCOME AND EXPENSES 121,275 (166,240) 287,515 173% PROFIT BEFORE INCOME TAX 61,875 (201,684) 263,559 131% TAX (2,298) 46,343 48,641 105% PROFIT (LOSS) FROM CONTINUING OPERATIONS 59,577 (155,341) 214,918 138% PROFIT (LOSS) FROM DISCONTINUED OPERATIONS 10,169 ( 34,468) 44,637 130% NET INCOME 69,746 (189,809) 259,555 137% |
2021 Q2 2020 Q2 Diff OPERATING REVENUES 76,795 20,227 56,568 280% OPERATING COSTS (55,437) (26,642) 28,795 108% GROSS PROFIT 21,358 (6,415) 27,773 433% OPERATING EXPENSES (80,758) (29,029) 51,729 178% OPERATING PROFIT (59,400) (35,444) 23,956 68% NON-OPERATING INCOME AND EXPENSES 121,275 (166,240) 287,515 173% PROFIT BEFORE INCOME TAX 61,875 (201,684) 263,559 131% TAX (2,298) 46,343 48,641 105% PROFIT (LOSS) FROM CONTINUING OPERATIONS 59,577 (155,341) 214,918 138% PROFIT (LOSS) FROM DISCONTINUED OPERATIONS 10,169 ( 34,468) 44,637 130% NET INCOME 69,746 (189,809) 259,555 137% |
|
|---|---|---|---|---|---|---|---|---|---|
| 2021 Q2 | 2020 Q2 | Diff | |||||||
| OPERATING REVENUES | 76,795 | 20,227 | 56,568 | 280% | |||||
| OPERATING COSTS | (55,437) | (26,642) | 28,795 | 108% | |||||
| GROSS PROFIT | 21,358 | (6,415) | 27,773 | 433% | |||||
| OPERATING EXPENSES | (80,758) | (29,029) | 51,729 | 178% | |||||
| OPERATING PROFIT | (59,400) | (35,444) | 23,956 | 68% | |||||
| NON-OPERATING INCOME AND EXPENSES |
121,275 | (166,240) | 287,515 | 173% | |||||
| PROFIT BEFORE INCOME TAX | 61,875 | (201,684) | 263,559 | 131% | |||||
| TAX | (2,298) | 46,343 | 48,641 | 105% | |||||
| PROFIT (LOSS) FROM CONTINUING OPERATIONS |
59,577 | (155,341) | 214,918 | 138% | |||||
| PROFIT (LOSS) FROM DISCONTINUED OPERATIONS |
10,169 | ( 34,468) | 44,637 | 130% | |||||
| NET INCOME | 69,746 | (189,809) | 259,555 | 137% | |||||
| ossn | |||||||||
| . | . | . |
2021Q2 Consolidated Cash Flows Statement
==> picture [38 x 44] intentionally omitted <==
in NT$ thousands 2021 Q2 2020 Q2
Cash and cash equivalents, beginning of period 336,878 81,879 Net cash generated/used in by operating 150,380 86,303 activities Net cash generated by /used in investing 2,963,197 (21,269) activities Net cash generated by /used in financing (2,797,038) (60,038) activities
Effect of exchange rate changes (107) (59) Net increase (Decrease) in cash and cash 316,432 4,937 ivalents equ
Cash and cash equivalents, end of period 653,310 86,816
==> picture [960 x 42] intentionally omitted <==
==> picture [38 x 44] intentionally omitted <==
Thank You.
==> picture [960 x 42] intentionally omitted <==