Financial Highlights
Key Financial Information
| For the year ended December 31 | ||||
| (in HK$'000, except percentages) | 2016 | 2017 | 2018 | 2019 |
| Revenue | 2,547,214 | 3,049,143 | 3,749,113 | 3,640,170 |
| Gross Profit | 769,337 | 977,872 | 1,207,767 | 1,131,516 |
| Gross Profit Margin | 30.2% | 32.1% | 32.2% | 31.1% |
| Profit attributable to shareholders | 339,373 | 401,559 | 409,603 | 538,856 |
| Adjusted profit attributable to shareholders (1) | 344,212 | 444,977 | 618,326 | 575,756 |
| Adjusted EBITDA(1) | 776,176 | 917,623 | 1,141,825 | 1,101,485 |
| Adjusted EBITDA Margin | 30.5% | 30.1% | 30.5% | 30.3% |
| Net cash generated from operating activities | 633,473 | 751,946 | 777,585 | 974,100 |
| Free cash flow from operations (1) | 246,846 | 350,880 | 215,877 | 461,843 |
Key Financial Information
| At December 31 | ||||
| (in HK$'000, except percentages) | 2016 | 2017 | 2018 | 2019 |
| Total Assets | 4,607,389 | 5,334,145 | 5,567,987 | 5,964,242 |
| Total Liabilities | 2,627,364 | 2,805,072 | 2,883,808 | 1,937,285 |
| Net Assets | 1,980,025 | 2,529,073 | 2,684,179 | 4,026,957 |
| Return on Equity | 17.7% | 17.9% | 15.8% | 16.1% |
| Net Gearing Ratio | 86.8% | 65.2% | 63.1% | 12.6% |
| Interest Coverage (times) | 5.5 | 6.8 | 6.3 | 9.2 |
Note:
(1) As defined in 2019 Annual Results Announcement