卓能（集團）：二零二五年年報.pdf

1、目錄Contents報告期間主要事項投資組合概覽五年財務概要股東週年大會通告主席報告書董事及高層管理人員簡介組織資料管理層討論及分析企業管治報告環境、社會及管治報告董事會報告書獨立核數師報告書綜合損益表綜合全面收益表綜合財務狀況報表綜合現金流量表綜合權益變動表綜合財務報表附註主要物業表Highlights of the Reporting Period 2Portfolio at a Glance 3Five Years Financial Summary 4Notice of Annual General Meeting 5Chairmans Statement 13Profiles of

2、Directors and Senior Management 22Corporate Information 29Management Discussion and Analysis 31Corporate Governance Report 40Environmental,Social and Governance Report 85Report of the Directors 128Independent Auditors Report 139Consolidated Statement of Profit or Loss 150Consolidated Statement of Co

3、mprehensive Income 151Consolidated Statement of Financial Position 152Consolidated Statement of Cash Flows 154Consolidated Statement of Changes in Equity 158Notes to the Consolidated Financial Statements 160Schedule of Major Properties 3092CHEUK NANG(HOLDINGS)LIMITED 卓能（集團）有限公司 Annual Report 2025 年報

4、報告期間主要事項Highlights of the Reporting Period主要財務重點Key Financial Highlights銀行貸款與物業價值比率Bank Loan to Property Value Ratio13.7%物業價值Property ValueHK$7,453.8million百萬港元每股淨資產值Net Asset Value Per ShareHK$8.92港元淨負債比率Net Gearing11.8%收入RevenueHK$168.5million百萬港元現金比率Cash Ratio59.2%3Annual Report 2025 年報 CHEUK NAN

5、G(HOLDINGS)LIMITED 卓能（集團）有限公司投資組合概覽Portfolio at a Glance我們的物業Our Properties按地域價值Valuation by Geography香港Hong Kong43%馬來西亞Malaysia5%澳門Macau14%深圳Shenzhen25%香港物業 Hong Kong Properties 趙苑二期（住宅及車位）Villa Cecil Phase 2(residential and car parks)趙苑三期（住宅及車位）Villa Cecil Phase 3(residential and car parks)卓能山莊（住宅

6、及車位）Cheuk Nang Lookout(residential and car parks)壹號九龍山頂（住宅及車位）One Kowloon Peak(residential and car parks)新趙苑（住宅）New Villa Cecil(residential)南景花園（只有車位）South View Garden(car parks only)卓濤軒（只有商舖）Scenic Crest(1 shop only)中國物業 China Properties 深圳卓能雅苑 Cheuk Nang Garden,Shenzhen 杭州卓能 河畔軒 Cheuk Nang Riversi