Annual report
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022The Group, 31 March 2022 | 2021The Group, 31 March 2021 | 2022The Company, 31 March 2022 | 2021The Company, 31 March 2021 | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| SubsidiariesRMB'000 | – | – | 9 | 9 | PDF p. 46 |
| GoodwillRMB'000 | 3,049 | 3,049 | – | – | PDF p. 46 |
| Property, plant and equipmentRMB'000 | 2,154 | 2,627 | – | – | PDF p. 46 |
| Right-of-use assetsRMB'000 | 21,834 | 22,418 | – | – | PDF p. 46 |
| Intangible assetsRMB'000 | – | – | – | – | PDF p. 46 |
| SubtotalRMB'000 | 27,037 | 28,094 | 9 | 9 | PDF p. 46 |
| Current assets | |||||
| InventoriesRMB'000 | 1,950 | 2,320 | – | – | PDF p. 46 |
| Trade and other receivablesRMB'000 | 148,694 | 136,718 | 103 | 107 | PDF p. 46 |
| Amounts due from subsidiariesRMB'000 | – | – | 109,377 | 115,015 | PDF p. 46 |
| Cash and cash equivalentsRMB'000 | 4,838 | 20,621 | 810 | 786 | PDF p. 46 |
| SubtotalRMB'000 | 155,482 | 159,659 | 110,290 | 115,908 | PDF p. 46 |
| Assets | |||||
| Total AssetsRMB'000 | 182,519 | 187,753 | 110,299 | 115,917 | PDF p. 46 |
| Capital and reserves | |||||
| Share capitalRMB'000 | 18,685 | 18,685 | 18,685 | 18,685 | PDF p. 46 |
| ReservesRMB'000 | 104,391 | 108,881 | 77,972 | 82,932 | PDF p. 46 |
| Equity attributable to owners of the CompanyRMB'000 | 123,076 | 127,566 | 96,657 | 101,617 | PDF p. 46 |
| Non-controlling interestsRMB'000 | (2,847) | (3,227) | – | – | PDF p. 46 |
| Total EquityRMB'000 | 120,229 | 124,339 | 96,657 | 101,617 | PDF p. 46 |
| Current liabilities | |||||
| Trade and other payablesRMB'000 | 48,497 | 49,602 | 1,476 | 1,621 | PDF p. 46 |
| Provision for onerous contractRMB'000 | 3,380 | 3,380 | – | – | PDF p. 46 |
| Amounts due to subsidiariesRMB'000 | – | – | 12,166 | 12,679 | PDF p. 46 |
| BorrowingsRMB'000 | 9,990 | 9,990 | – | – | PDF p. 46 |
| Contingent consideration for acquisition of subsidiariesRMB'000 | – | – | – | – | PDF p. 46 |
| Current tax payableRMB'000 | 423 | 442 | – | – | PDF p. 46 |
| SubtotalRMB'000 | 62,290 | 63,414 | 13,642 | 14,300 | PDF p. 46 |
| Non-current liabilities | |||||
| BorrowingsRMB'000 | – | – | – | – | PDF p. 46 |
| Deferred tax liabilitiesRMB'000 | – | – | – | – | PDF p. 46 |
| Liabilities | |||||
| Total LiabilitiesRMB'000 | 62,290 | 63,414 | 13,642 | 14,300 | PDF p. 46 |
| Equity and liabilities | |||||
| Total Equity and LiabilitiesRMB'000 | 182,519 | 187,753 | 110,299 | 115,917 | PDF p. 46 |
Original report: PDF p. 46 ↗
The accompanying notes form an intergral part of these consolidated financial statements.
Balance sheet as at 31 March 2022; currency RMB'000.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group, year ended 31 March 2022 | 2021Group, year ended 31 March 2021 (Restated) | Source |
|---|---|---|---|
| Continuing operations | |||
| RevenueRMB'000 | 59,267 | 9,713 | PDF p. 47 |
| Cost of salesRMB'000 | (53,950) | (8,397) | PDF p. 47 |
| Gross profitRMB'000 | 5,317 | 1,316 | PDF p. 47 |
| Other incomeRMB'000 | 3,043 | 17,839 | PDF p. 47 |
| Selling and distribution costsRMB'000 | (374) | (856) | PDF p. 47 |
| Administrative expensesRMB'000 | (6,110) | (20,009) | PDF p. 47 |
| Finance expensesRMB'000 | (1,185) | (1,130) | PDF p. 47 |
| Other expensesRMB'000 | (67) | (67,657) | PDF p. 47 |
| Profit/(loss) before taxation from continuing operationsRMB'000 | 624 | (70,497) | PDF p. 47 |
| Income taxRMB'000 | (980) | 2,556 | PDF p. 47 |
| Loss for the yearRMB'000 | (356) | (67,941) | PDF p. 47 |
| Other comprehensive loss | |||
| Foreign currency translation differenceRMB'000 | (3,754) | (3,248) | PDF p. 47 |
| Total comprehensive loss for the yearRMB'000 | (4,110) | (71,189) | PDF p. 47 |
| Loss attributable to | |||
| Equity holders of the CompanyRMB'000 | (476) | (57,023) | PDF p. 47 |
| Non-controlling interestsRMB'000 | 120 | (10,918) | PDF p. 47 |
| SubtotalRMB'000 | (356) | (67,941) | PDF p. 47 |
| Total comprehensive loss attributable to | |||
| - Equity holders of the CompanyRMB'000 | (4,490) | (60,502) | PDF p. 47 |
| - Non-controlling interestsRMB'000 | 380 | (10,687) | PDF p. 47 |
| SubtotalRMB'000 | (4,110) | (71,189) | PDF p. 47 |
| Earnings per share | |||
| - Basicnot meaningful (printed *) | * | * | PDF p. 47 |
| - Dilutednot meaningful (printed *) | * | * | PDF p. 47 |
Original report: PDF p. 47 ↗
* not meaningful
The accompanying notes form an intergral part of these consolidated financial statements.
2021 column is labelled Restated.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group, year ended 31 March 2022, RMB'000 | 2021Group, year ended 31 March 2021 (Restated), RMB'000 | Source |
|---|---|---|---|
| Profit or loss | |||
| Loss for the yearRMB'000 | (356) | (67,941) | PDF p. 47 |
| Other comprehensive loss: items that may be reclassified subsequently to profit or loss | |||
| Foreign currency translation differenceRMB'000 | (3,754) | (3,248) | PDF p. 47 |
| Other comprehensive loss | |||
| Total comprehensive loss for the yearRMB'000 | (4,110) | (71,189) | PDF p. 47 |
| Loss attributable to | |||
| Equity holders of the CompanyRMB'000 | (476) | (57,023) | PDF p. 47 |
| Non-controlling interestsRMB'000 | 120 | (10,918) | PDF p. 47 |
| Total comprehensive loss attributable to | |||
| - Equity holders of the CompanyRMB'000 | (4,490) | (60,502) | PDF p. 47 |
| - Non-controlling interestsRMB'000 | 380 | (10,687) | PDF p. 47 |
Original report: PDF p. 47 ↗
* not meaningful (EPS). Restated comparative column for 2021. Group only; no separate Company statement presented.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2021Group, Share capital, RMB'000 | 2021Group, Share premium, RMB'000 | 2021Group, Contributed surplus reserve, RMB'000 | 2021Group, Statutory reserve, RMB'000 | 2021Group, Capital redemption reserve, RMB'000 | 2021Group, Accumulated losses, RMB'000 | 2021Group, Exchange translation reserves, RMB'000 | 2021Group, Sub-Total attributable to owners, RMB'000 | 2021Group, Non-controlling interests, RMB'000 | 2021Group, Total, RMB'000 | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening balance | |||||||||||
| At 1 April 2020RMB'000 | 18,685 | 58,276 | 397,141 | – | 2,982 | (289,239) | 223 | 188,068 | 7,460 | 195,528 | PDF p. 48 |
| Total comprehensive loss for the year | |||||||||||
| Loss for the yearRMB'000 | – | – | – | – | – | (57,023) | – | (57,023) | (10,918) | (67,941) | PDF p. 48 |
| Currency translation difference - netRMB'000 | – | – | – | – | – | – | (3,479) | (3,479) | 231 | (3,248) | PDF p. 48 |
| Total comprehensive loss for the yearRMB'000 | – | – | – | – | – | (57,023) | (3,479) | (60,502) | (10,687) | (71,189) | PDF p. 48 |
| Closing balance | |||||||||||
| At 31 March 2021RMB'000 | 18,685 | 58,276 | 397,141 | – | 2,982 | (346,262) | (3,256) | 127,566 | (3,227) | 124,339 | PDF p. 48 |
Original report: PDF p. 48 ↗
Statement for financial year ended 31 March 2022 with comparative year ended 31 March 2021 on this page. No separate Company statement of changes in equity is presented in the report.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group, Share capital, RMB'000 | 2022Group, Share premium, RMB'000 | 2022Group, Contributed surplus reserve, RMB'000 | 2022Group, Statutory reserve, RMB'000 | 2022Group, Capital redemption reserve, RMB'000 | 2022Group, Accumulated losses, RMB'000 | 2022Group, Exchange translation reserves, RMB'000 | 2022Group, Sub-Total attributable to owners, RMB'000 | 2022Group, Non-controlling interests, RMB'000 | 2022Group, Total, RMB'000 | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening balance | |||||||||||
| At 1 April 2021RMB'000 | 18,685 | 58,276 | 397,141 | – | 2,982 | (346,262) | (3,256) | 127,566 | (3,227) | 124,339 | PDF p. 49 |
| Total comprehensive (loss)/profit for the year | |||||||||||
| Profit for the yearRMB'000 | – | – | – | – | – | (476) | – | (476) | 120 | (356) | PDF p. 49 |
| Currency translation difference - netRMB'000 | – | – | – | – | – | – | (4,014) | (4,014) | 260 | (3,754) | PDF p. 49 |
| Total comprehensive (loss)/profitRMB'000 | – | – | – | – | – | (476) | (4,014) | (4,490) | 380 | (4,110) | PDF p. 49 |
| Closing balance | |||||||||||
| At 31 March 2022RMB'000 | 18,685 | 58,276 | 397,141 | – | 2,982 | (346,738) | (7,270) | 123,076 | (2,847) | 120,229 | PDF p. 49 |
Original report: PDF p. 49 ↗
No separate Company statement of changes in equity is presented in the report.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group, year ended 31 March 2022, RMB'000 | 2021Group, year ended 31 March 2021, RMB'000 | Source |
|---|---|---|---|
| Cash Flows from Operating Activities | |||
| Profit/(Loss) before taxationRMB'000 | 624 | (70,497) | PDF p. 50 |
| Adjustments for | |||
| Depreciation of property, plant and equipmentRMB'000 | 492 | 486 | PDF p. 50 |
| Depreciation of right-of-use assetsRMB'000 | 584 | 418 | PDF p. 50 |
| Amortisation of intangible assetsRMB'000 | – | 7,150 | PDF p. 50 |
| Impairment loss on goodwillRMB'000 | – | 9,693 | PDF p. 50 |
| Reversal of impairment loss on property, plant and equipmentRMB'000 | – | (383) | PDF p. 50 |
| Reversal of impairment loss on right-of-use assetsRMB'000 | – | (14,172) | PDF p. 50 |
| Impairment loss on intangible assetsRMB'000 | – | 57,357 | PDF p. 50 |
| Inventories written-offRMB'000 | 65 | 591 | PDF p. 50 |
| Provision for onerous contractRMB'000 | – | 3,670 | PDF p. 50 |
| Fair value changes on contingent consideration on acquisition ofRMB'000 | – | (688) | PDF p. 50 |
| Finance costRMB'000 | 1,185 | 1,130 | PDF p. 50 |
| Interest incomeRMB'000 | (11) | (35) | PDF p. 50 |
| Cash Flows from Operating Activities | |||
| Cash flow generated from/(used in) operating activities beforeRMB'000 | 2,939 | (5,280) | PDF p. 50 |
| Change in inventoriesRMB'000 | 305 | (1,391) | PDF p. 50 |
| Change in trade and other receivablesRMB'000 | (581) | (52,661) | PDF p. 50 |
| Change in trade and other payablesRMB'000 | 853 | 1,124 | PDF p. 50 |
| Cash generated from/(used in) operationsRMB'000 | 3,516 | (58,208) | PDF p. 50 |
| Tax paidRMB'000 | – | (76) | PDF p. 50 |
| Net cash generated from/(used in) operating activitiesRMB'000 | 3,516 | (58,284) | PDF p. 50 |
| Cash Flows from Investing Activities | |||
| Acquisition of property, plant and equipmentRMB'000 | (19) | – | PDF p. 50 |
| Proceeds from disposal of subsidiaries in prior yearRMB'000 | – | 15,000 | PDF p. 50 |
| Deposit for potential business acquisitionsRMB'000 | (50,000) | – | PDF p. 50 |
| Refund of deposit for short-term investmentRMB'000 | 35,000 | 40,000 | PDF p. 50 |
| Interest receivedRMB'000 | 11 | 35 | PDF p. 50 |
| Net cash (used in)/generated from investing activitiesRMB'000 | (15,008) | 55,035 | PDF p. 50 |
| Cash Flows from Financing Activities | |||
| Advances from shareholdersRMB'000 | – | 2,041 | PDF p. 50 |
| Repayment of advances from shareholdersRMB'000 | (2,957) | (4,000) | PDF p. 50 |
| Repayment of borrowings – principalRMB'000 | – | (10) | PDF p. 50 |
| Repayment of borrowings – interestRMB'000 | (1,185) | (1,130) | PDF p. 50 |
| Net cash used in financing activitiesRMB'000 | (4,142) | (3,099) | PDF p. 50 |
| Net change in cash | |||
| Net decrease in cash and cash equivalentsRMB'000 | (15,634) | (6,348) | PDF p. 50 |
| Effect of foreign exchange rate changes on balances of cash heldRMB'000 | (149) | (171) | PDF p. 50 |
| Cash and cash equivalents at beginning of yearRMB'000 | 20,621 | 27,140 | PDF p. 50 |
| Cash and cash equivalents at end of yearRMB'000 | 4,838 | 20,621 | PDF p. 50 |
Original report: PDF p. 50 ↗
Group only; no Company cash flow statement presented. Note references column omitted from values.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group, As at 1 April 2021, RMB'000 | 2022Group, Cash flows (net), RMB'000 | 2022Group, Non-cash: Interest expense, RMB'000 | 2022Group, Non-cash: Foreign exchange movement, RMB'000 | 2022Group, As at 31 March 2022, RMB'000 | Source |
|---|---|---|---|---|---|---|
| Liabilities from financing activities | ||||||
| Advances fromRMB'000 | 3,090 | (2,957) | – | – | 133 | PDF p. 51 |
| BorrowingsRMB'000 | 9,990 | (1,185) | 1,185 | – | 9,990 | PDF p. 51 |
Original report: PDF p. 51 ↗
Row labels wrap across two lines in source ('Advances from' / 'shareholders').
Units appear below each metric. Scroll to compare years
| Metric / unit | 2021Group, As at 1 April 2020, RMB'000 | 2021Group, Cash flows (net), RMB'000 | 2021Group, Non-cash: Interest expense, RMB'000 | 2021Group, Non-cash: Foreign exchange movement, RMB'000 | 2021Group, As at 31 March 2021, RMB'000 | Source |
|---|---|---|---|---|---|---|
| Liabilities from financing activities | ||||||
| Advances fromRMB'000 | 5,060 | (1,959) | – | (11) | 3,090 | PDF p. 51 |
| BorrowingsRMB'000 | 10,000 | (1,140) | 1,130 | – | 9,990 | PDF p. 51 |
Original report: PDF p. 51 ↗
Row labels wrap across two lines in source ('Advances from' / 'shareholders').
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group FY2022, RMB per share | 2021Group FY2021, RMB per share | 2022Change (%), FY2022 vs FY2021 | Source |
|---|---|---|---|---|
| Per Share Data (Notes) | ||||
| C. GROSS DIVIDEND (RMB)RMB | – | – | N/A | PDF p. 7 |
Original report: PDF p. 7 ↗
a. The net assets per share was calculated on 187,902,647 shares.
b. No dividend was declared and proposed in FY2022 and FY2021.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group FY2022 | 2021Group FY2021 | 2020Group FY2020 | 2019Group FY2019 | 2017Group FY2017 | Source |
|---|---|---|---|---|---|---|
| Condensed Consolidated Statements of Profit or Loss | ||||||
| REVENUE*RMB'000 | 59,267 | 9,713 | 30,305 | 122,900 | 168,872 | PDF p. 7 |
| Condensed Consolidated Statements of Profit or Loss (NET (LOSS) / PROFIT FROM ORDINARY ACTIVITIES ATTRIBUTABLE TO SHAREHOLDERS) | ||||||
| TO SHAREHOLDERSRMB'000 | (476) | (57,023) | (73,005) | 62,402 | (68,804) | PDF p. 7 |
Original report: PDF p. 7 ↗
*For comparative purpose, the revenue from continuing operations has been combined with the revenue from discountinued operations.
Row label wraps: NET (LOSS) / PROFIT FROM ORDINARY ACTIVITIES ATTRIBUTABLE TO SHAREHOLDERS. FY2018 column is not printed (columns jump from FY2019 to FY2017).
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group FY2022 | 2021Group FY2021 | 2020Group FY2020 | 2019Group FY2019 | 2017Group FY2017 | Source |
|---|---|---|---|---|---|---|
| Condensed Consolidated Statements of Financial Position | ||||||
| PROPERTY, PLANT AND EQUIPMENT*RMB'000 | 2,154 | 2,627 | 2,730 | 20,148 | 43,303 | PDF p. 7 |
| LAND USE RIGHTS*RMB'000 | 21,834 | 10,642 | 3,729 | 11,010 | 20,430 | PDF p. 7 |
| NET CURRENT ASSETSRMB'000 | 155,482 | 159,659 | 170,794 | 178,126 | 134,775 | PDF p. 7 |
| CAPITAL AND RESERVESRMB'000 | 123,076 | 127,566 | 188,068 | 248,563 | 185,098 | PDF p. 7 |
Original report: PDF p. 7 ↗
*For comparative purpose, the property, plant and equipment, and land use right from continuing operations has been combined with the property, plant and equipment, and land use right from discontinued operations.
FY2018 column is not printed.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group year ended 31 March 2022 | 2021Group year ended 31 March 2021 (diluted table marked Restated) | Source |
|---|---|---|---|
| 24(a) Basic - Loss attributable to ordinary shareholders of the Company (RMB'000) | |||
| Loss for the yearRMB'000 | (476) | (57,023) | PDF p. 95 |
| 24(a) Basic | |||
| Weighted average number of ordinary shares used in the calculation of basic earnings per shareshares | 187,902,647 | 187,902,647 | PDF p. 95 |
| 24(a) Basic earnings per share (RMB) | |||
| Loss for the yearRMB | * | (0.30) | PDF p. 95 |
| 24(b) Diluted | |||
| Weighted average number of ordinary shares for the purposes of diluted earnings per shareshares | 187,902,647 | 187,902,647 | PDF p. 95 |
| 24(b) Diluted earnings per share (RMB) | |||
| Loss for the yearRMB | * | * | PDF p. 95 |
Original report: PDF p. 95 ↗
* not meaningful
Maximum 38,576,307 potential shares from convertible bonds (contingent consideration) are antidilutive. Adjustment for contingent consideration: – / –.
Where the money comes from
| Item / unit | 2022Trading | 2022Additives | 2022Animal feed and traditional medicine | 2022Others | 2022Consolidated | 2021Trading | 2021Additives | 2021Animal feed and traditional medicine | 2021Others | 2021Consolidated | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Segment revenue | |||||||||||
| Sales of animal feed and traditional medicineRMB'000 | – | – | 70 | – | 70 | PDF p. 106 | |||||
| Sales of food additivesRMB'000 | – | 229 | – | – | 229 | – | 468 | – | – | 468 | PDF p. 106PDF p. 107 |
| Sales of equipmentRMB'000 | – | 5,068 | – | – | 5,068 | PDF p. 106 | |||||
| Provision of technical consultation servicesRMB'000 | – | 1,207 | – | – | 1,207 | – | 1,079 | – | – | 1,079 | PDF p. 106PDF p. 107 |
| Net sales to external customersRMB'000 | – | 59,197 | 70 | – | 59,267 | – | 9,705 | 8 | – | 9,713 | PDF p. 106PDF p. 107 |
| Segment results | |||||||||||
| Segment results (EBIDTA)RMB'000 | (532) | 4,799 | (474) | (919) | 2,874 | 22 | (50,380) | 2,380 | (13,370) | (61,348) | PDF p. 106PDF p. 107 |
| Bank interest incomeRMB'000 | – | – | – | 11 | 11 | – | – | – | 35 | 35 | PDF p. 106PDF p. 107 |
| Bank interest costRMB'000 | – | (25) | (1,160) | – | (1,185) | (1) | – | (1,130) | – | (1,131) | PDF p. 106PDF p. 107 |
| Depreciation of ROU assetsRMB'000 | – | (129) | (455) | – | (584) | PDF p. 106 | |||||
| Assets | |||||||||||
| Segment assetsRMB'000 | 18,300 | 59,669 | 21,316 | 78,396 | 177,681 | 16,160 | 57,304 | 21,777 | 71,792 | 167,033 | PDF p. 106PDF p. 107 |
| Liabilities | |||||||||||
| Segment liabilitiesRMB'000 | 18,116 | 19,162 | 21,594 | 1,242 | 60,114 | 11,180 | 18,324 | 20,558 | 12,910 | 62,972 | PDF p. 106PDF p. 107 |
| Segment revenue | |||||||||||
| Services renderedRMB'000 | – | 8,158 | – | – | 8,158 | PDF p. 107 | |||||
| Other segment information | |||||||||||
| Impairment loss on goodwillRMB'000 | 9,693 | – | – | – | 9,693 | PDF p. 107 | |||||
| Fair value gain on contingent considerationRMB'000 | – | – | – | (688) | (688) | PDF p. 107 | |||||
* relate to the LAP technology
Corporate and unallocated assets 4,838 and corporate and unallocated liabilities 423 shown as reconciling items; depreciation of PPE (– 348 144 – 492) also appears in the Segment results and Other segment information sections.
Other lines (depreciation, amortisation, reversals of impairment, reconciling items) are printed on the page but not all extracted here.
| Item / unit | 202231 March 2022 | 202131 March 2021 | Source |
|---|---|---|---|
| Revenue | |||
| Mainland ChinaRMB'000 | 59,267 | 9,713 | PDF p. 108 |
| Hong KongRMB'000 | – | – | PDF p. 108 |
| Non-current assets | |||
| Mainland ChinaRMB'000 | 23,988 | 25,045 | PDF p. 108 |
| Hong KongRMB'000 | 3,049 | 3,049 | PDF p. 108 |
| Total non-current assetsRMB'000 | 27,037 | 28,094 | PDF p. 108 |
Total revenue 59,267 and 9,713 printed as unlabeled subtotal. Sales to one customer (2021 - 2) made up more than 10% of Group revenue, attributable to Additives segment.
Debt
| Item / unit | 2022The Group, 31 March 2022, RMB'000 | 2021The Group, 31 March 2021, RMB'000 | 2022The Company, 31 March 2022, RMB'000 | 2021The Company, 31 March 2021, RMB'000 | Source |
|---|---|---|---|---|---|
| Current liabilities | |||||
| BorrowingsRMB'000 | 9,990 | 9,990 | – | – | PDF p. 46 |
| Non-current liabilities | |||||
| BorrowingsRMB'000 | – | – | – | – | PDF p. 46 |
No non-current borrowings reported. Note 15: bank loans secured over leasehold buildings and land use rights with carrying amounts of RMB 11.4 million and RMB 10.4 million as at 31 March 2022 (2021 - RMB 11.8 million and RMB 10.6 million). All borrowings are denominated in RMB. Loans are repayable on demand (2021 - repayable due in January 2022) with 7.8% (2021 - 7.8%) interest per annum.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend | The Group does not have a dividend policy. In considering the declaration of dividends, the Company will have to take into consideration the Group’s profit growth, cash position, positive cash flow generated from operations, projected capital requirements for business growth and other factors as the Board may deem appropriate. | Group | PDF p. 29 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| No dividend has been declared for FY2022 | No dividend has been declared for FY2022 due to the Group’s loss position. | FY2022 | PDF p. 29 |
| C. GROSS DIVIDEND (RMB) | – RMB per share | FY2022 and FY2021 per share data; Changes N/A | PDF p. 7 |
| Notes b. | No dividend was declared and proposed in FY2022 and FY2021. | FY2022 and FY2021 | PDF p. 7 |
Extracted from Annual report and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Foo Kon Tan LLP | Foo Kon Tan LLP | Group and Company, FY ended 31 March 2022 | PDF p. 45 |
| Engagement partner | Yeo Boon Chye | Group | PDF p. 45 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Going concern - Limitation of scope and fundamental uncertainty relating to the going concern basis | we were unable to assess whether the going concern assumption is appropriate as to the Group’s ability to continue as a going concern in the next twelve months from the date of this report | Group | PDF p. 44 |
| Going concern (Note 2(a)) | the director of the Company are of the opinion that the going concern is appropriate | Group | PDF p. 52 |
Extracted from Annual report and checked against the cited pages; see the original report for full context.
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Annual report, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.