| Schedule of credit risk |
The
tables below detail the credit risk exposures of the Group’s financial assets which are subject to ECL assessment:-
Schedule of credit risk
| | |
| |
Internal credit | |
12-month
or | |
2025 Gross
carrying
amount | | |
2025 Gross
carrying
amount | | |
2024
Gross
carrying
amount | |
| | |
Notes | |
rating | |
lifetime ECL | |
US$ | | |
HK$ | | |
HK$ | |
| Financial assets at amortised
cost | |
| |
| |
| |
| | | |
| | | |
| | |
| | |
| |
| |
| |
| | | |
| | | |
| | |
| Trade receivables | |
18 | |
| |
Lifetime ECL
(provision matrix) | |
| 437,456 | | |
| 3,404,848 | | |
| 3,319,847 | |
| Deposits and other receivables | |
15 | |
| |
12-month ECL | |
| 3,130,320 | | |
| 24,364,221 | | |
| 23,470,279 | |
| Amounts due from related companies | |
16 | |
(Note 1) | |
12-month ECL | |
| 2,053,584 | | |
| 15,983,658 | | |
| 17,304,600 | |
| Amounts due from shareholders | |
16 | |
(Note 1) | |
12-month ECL | |
| - | | |
| - | | |
| 74,100 | |
Note1:
These balances are repayable on demand.
|
| Schedule of remaining contractual maturity for financial liabilities |
Schedule
of remaining contractual maturity for financial liabilities
| | |
Within
1 year | | |
2
to 5
years | | |
Over
5
years | | |
Total | |
| | |
HK$ | | |
HK$ | | |
HK$ | | |
HK$ | |
| | |
| | |
| | |
| | |
| |
| December 31, 2025 | |
| | | |
| | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | |
| Bank loans | |
| 9,929,265 | | |
| 39,717,059 | | |
| 18,665,748 | | |
| 68,312,072 | |
| Loans from related companies | |
| - | | |
| 42,066,921 | | |
| 7,203,202 | | |
| 49,270,123 | |
| Loans from directors | |
| - | | |
| 48,854,141 | | |
| - | | |
| 48,854,141 | |
| Amounts due to related companies | |
| 402,561 | | |
| - | | |
| - | | |
| 402,561 | |
| Lease liabilities | |
| 34,049,654 | | |
| 29,626,146 | | |
| - | | |
| 63,675,800 | |
| Trade payables | |
| 12,567,498 | | |
| - | | |
| - | | |
| 12,567,498 | |
| Other payables | |
| 9,533,568 | | |
| - | | |
| - | | |
| 9,533,568 | |
| | |
| | | |
| | | |
| | | |
| | |
| Total | |
| 66,482,546 | | |
| 160,264,267 | | |
| 25,868,950 | | |
| 252,615,763 | |
| | |
| | | |
| | | |
| | | |
| | |
| US$ | |
| 8,541,691 | | |
| 20,590,786 | | |
| 3,323,648 | | |
| 32,456,125 | |
| | |
Within
1 year | | |
2
to 5
years | | |
Over
5 years | | |
Total | |
| | |
HK$ | | |
HK$ | | |
HK$ | | |
HK$ | |
| | |
| | |
| | |
| | |
| |
| December 31, 2024 | |
| | | |
| | | |
| | | |
| | |
| | |
| | | |
| | | |
| | | |
| | |
| Bank loans | |
| 10,013,806 | | |
| 40,055,223 | | |
| 28,845,729 | | |
| 78,914,758 | |
| Loans from related companies | |
| 16,802,118 | | |
| 24,606,150 | | |
| 5,379,624 | | |
| 46,787,892 | |
| Amounts due to directors | |
| 42,573,611 | | |
| - | | |
| - | | |
| 42,573,611 | |
| Amounts due to related companies | |
| 165,724 | | |
| - | | |
| - | | |
| 165,724 | |
| Lease liabilities | |
| 41,371,011 | | |
| 38,337,962 | | |
| - | | |
| 79,708,973 | |
| Trade payables | |
| 16,657,404 | | |
| - | | |
| - | | |
| 16,657,404 | |
| Other payables | |
| 5,740,176 | | |
| - | | |
| - | | |
| 5,740,176 | |
| | |
| | | |
| | | |
| | | |
| | |
| Total | |
| 133,323,850 | | |
| 102,999,335 | | |
| 34,225,353 | | |
| 270,548,538 | |
|