PDF《Contents》

591 530

464 302

191 Shareholders'

equity 2,316 2,025 1,686 1,387 1,155 Total assets 3,368 2,794 2,540 2,034 1,867 Total liabilities to equity ratio 0.5 0.4 0.5 0.5 0.6 Bank borrowings to equity ratio ― ― ― 0.1 0.3 Current ratio 2.0 2.3 1.9 1.9 1.9 Receivables turnover on sales (days)

27 26

34 43

32 Inventory turnover on sales (days)

60 41

53 53

55 Net assets per share (HK cents)

175 153 132.4 108.5 90.3 Return on total assets (%) 17.5 19.0 18.3 14.8 10.2 Return on sales (%) 11.4 11.2 10.8 9.8 7.0 Interest cover (times)

2 239

103 86

15 5 EBITDA

3 828

743 653

455 359 EBITDA on sales (%) 15.9 15.7 15.2 14.7 13.2 财务与业务摘要 Financial and Operational Highlights

05 每股盈利 (港币仙) 每股股息 (港币仙) 股息回报率 (%) 已发行股份 (百万) 雇员人数 中华人民共和国 香港 台湾 其他地方 新加坡 总数 附注: 1. 由於本集团於二零零二年采纳有关拟派股息之 会计政策之变动,此等变动已用於追溯旧账 目,令财务报表之数字经重新列账. 2. 利息比率之计算为税及利息前之溢利与应付利 息之比率. 3. EBITDA 为未计利息、税项、折旧及摊销费用 前溢利. 4. 股份数目按加权平均基准计算. 5. 股息回报率之计算为每股股息与本公司於有关 结算日每股收市价之比率. 6. 除特别注明外,所有数字概为於结算日之数 字. (Amounts expressed

2003 2002

2001 2000

1999 in HK$ Million, unless specified) Notes (Note 1) (Note 1) (Note 1) (以港币百万元单位,除非特别注明) 附注 (附注1) (附注1) (附注1) Earnings per share (HK cents)

4 44.6 41.5 36.3 23.6 14.9 Dividends per share (HK cents)

25 20.0 15.0 9.0 5.0 Dividend yield (%)

5 4.3 4.5 7.1 9.9 8.6 Number of issued shares (million) 1,324 1,324 1,273 1,281 1,279 Number of employees The People'

s Republic of China Hong Kong

614 444

496 404

394 Taiwan

633 564

462 132

145 Elsewhere 13,145 10,372 9,151 5,788 4,967 Singapore

137 122 ― ― ― Total 14,529 11,502 10,109 6,324 5,506 Notes: 1. The financial statements have been retrospectively restated as a result of changes in accounting policies for proposed dividends, adopted by the Group in 2002. 2. Interest cover was calculated by dividing the profit before interest and tax by the interest payables. 3. EBITDA is the earnings before interest, tax, depreciation and amortisation expenses. 4. Number of shares was on weighted average basis. 5. Dividend yield was calculated by dividing the dividends per share by the closing market price per share as at the respective balance sheet date. 6. All figures used were as at the respective balance sheet date, unless specified. 主席报告书 Chairman'

s Statement

06 本集团於本财政年度之业绩再创新高.营业 额为5,199百万港元,较去年增加10%.股东 应占经常业务溢利净额增长11%,达591百万 港元.有关本集团更详尽之业绩资料,请参 阅本年报内之管理层之论述及分析. 本年内全球经济仍处弱势,消费者信心亦持 续下降.货品价格在通缩环境中下挫.在伊 拉克战争、非典型肺炎爆发及原料价格上扬 等影响下,下半年情况变得更为困难.在此 等情况下,管理层采取积极措施以减低成 本,亦加强生产力以受惠於成本效益.市场 推广同事们亦不断地开拓新客户以扩大市场 占有率.本年内本集团持续致力於增强本身 之业务竞争能力. For this fiscal year, the results of the Group reached yet another new high. Turnover was HK$5,199 million, a 10% increase from the previous year. Net profit from ordinary activities attributable to shareholders increased by 11%, to HK$591 million. More information of the Group'