(於開曼群島註冊成立的有限公司 ) (股份代號: 825) 中期報告 2013/2014
72% 2007 2013 12 31 39 1,630,7903210 21 20% 30% Mix & Match 2013 12 316,645 20
1993 20 2 4 6 8 14 17 21 22 23 24 26 27 28 47 56
2,125,287 2,028,611 453,828 2012 2013 407,653 12 31 14,783,366 12,834,265 2012 2013 12 31 * 2013 6 30 2013 12 31 12 31 2013 2012 4.8% 19.7% 17.7% 17.8% 30.5% 47.1% 002
349,944 12 31 2013 2012 2,125,287 2,028,611 1,351,399 1,331,066 410,328 436,323 41,042 13,966 322,518 247,226 460,359 422,238 453,828 407,653 349,944 331,614 345,525 301,666 12 31 6 30 3,171,102 2,959,470 14,783,366 12,834,265 7,874,176 6,208,609 6,909,190 6,625,656 2013/ 201 003
2013 2009 20 O2O 2013 12 31 2,125.34.8% 349.9 301.7 14.5% 345.5 0.219.4 7 11 2013 12 55,000 2013 12 31 39 1,630,790 LOL LOL 004
005 2013/ 201 2013 4 150 3,500 382 223% 2014 2016 200 LOL K11 2015LOL 20 O2O Wi-Fi 20 @Dream 5,000
2013 7 43,000 @Dream 5,000 20122013 ARC Awards 2012LACP 2012 Vision Awards 8 @Dream @ 9 @ 500 10 006
@ 20122013 Galaxy Awards CarbonSmart 11 44,000 @ 12 55,000 Tom & Jerry 20 2014 1 2013 2013@Dream2013 2013/ 201 007
2012 12 31 2,028.6 4.8%2013 12 31 20142,125.3 301.7 14.5% 345.5 2014 43 1,630,790 1,319,200 21 394 50.2% 26.7% 23.1% 63.6% 19.3% 15.2% 1.9% 50.2% 26.7% 19.3% 15.2% 1.9% 23.1% 63.6% 008
2013 12 31 1,630,7909.5% 1,493,590 10.8% 20 O2O 2009 2013 12 31 95% 2013 LOL Love Original Life K11 LOL New Balance Levi s adidas Nike FILA Max Factor 2013/ 201 009
201320 Tom & Jerry 2,000 3,500 912 10 102013 11 2.4 010
011 2013/ 201 21 1560 25% O2O O2O 2013 10 2013 12 N-VIP 2013 12 31 58079 Wi-Fi VIP VIP VIP VIP
012 VIP VIPVIP Weekend By MaxMara 12 31VIP390 12% 2013 62012-2020 2016 200 55,000 2013 7 43,000 11 62,600 1182015 2015 42,200 10
013 2013/ 201 2015 46,000 2016 42,300 40,000 40,00025,000 40,000 2015 25,400 2017 26,300 2013 2013 7.7%234,380 11.5% 7.0% 2014
014 20132,028.6 4.8% 20142,125.3 2014 8,465.42013 8,262.82.5% 7,487.77,621.5 17.8% 17.7% 2014410.3 2013 436.3 55.1%40.4% 2.7%0.7% 14.9%15.6% 2014 65.3% 16.7% 201314.0 192.9% 201441.0 2014 30.5% 322.5 2012 12 2013 7 201470.0 77.5 2014 38.916.1 1.9 201332.2 8.4 2013368.4 5.2% 2014349.4 2013282.8 2014316.9 2013 2013 12 2013 7 2013 11
015 2013/ 201 2013154.7 2014156.4 2013 2013493.1 2014488.8 2013399.5 2014429.9 2013 2013 72013 11 12 2013125.82014 112.6 201390.62014 105.0 2014 460.4 422.2 407.711.3% 453.8 2014123.0 2013 103.1 2014 26.0% 349.9 331.6 301.714.5% 345.5 12 31 3,171.16 302,959.5 12 31 664.6 6 30659.3 641.26 30632.9 12 31 1,429.76 30690.0 2013 12 31601.0 600.7 600.7106.4 405.4
12 31 1,944.6 2013 6 301,913.9 641.26 30632.9 12 31 016
2013 4 1,500 150 3,500 2013 9 50 @Dream 2013 7 @Dream @Dream 7 @300 12 2013 10 @ 200 @2013 7 2013 8 640 @2013 9 11 400 4,000 2013/ 201 017
018 2013@ 700 2013 2013 7 45 2013 8 10 2013 10 2013 2013 12 2013 9 3,500 2013
2013 9 2013 12100! VIP 2012 LACP 2012 Vision Awards 2013 ARC Awards 2013 2013 Galaxy Awards 500 2013 9 500 2013/ 201 019
2013 10 Carbon Smart 12 2013 12 20 2013 2014 12013 2013 @Dream 2013 2013 8 2013 10 2013 11 2013 2013 12 2012 2013 7 2012-20139 2013 911 2012 122012 2013 82013 11 2013 2013 1112 2013 020
22 46 2013 12 31 34 34 2410 34 2014 2 25 2013/ 201 021
12 31 2013 2012 4 2,125,287 2,028,611 5 69,963 77,535 6 (1,916) (32,193) 8,447 46,778 (349,391) (368,405) 7 (316,910) (282,823) (156,352) (154,737) (488,846) (493,072) 8 (429,923) (399,456) 460,359 422,238 25,645 40,831 (13,106) (28,389) 9 12,539 12,442 472,898 434,680 10 (122,954) (103,066) 349,944 331,614 349,944 331,614 11 158,498 165,242 12 0.21 0.20 28 46 022
12 31 2013 2012 349,944 331,614 89,177 (22,294) 66,883 88,715 157,189 88,715 224,072 438,659 555,686 438,659 555,686 28 46 2013/ 201 023
12 31 6 30 2,053,134 2,036,213 14 4,398,795 2,431,611 620,125 622,831 1,917,973 1,332,947 15 799,333 1,965,009 513,123 488,231 150,927 141,463 10,453,410 9,018,305 186,340 152,269 16 152,940 98,365 807,105 605,098 17 12,469 455 17 303 244,339 485,518 2,926,763 2,473,952 4,329,956 3,815,960 14,783,366 12,834,265 18 168,615 168,615 19 6,582,077 6,301,916 11 158,498 155,125 6,909,190 6,625,656 20 602,564 608,993 21 652,174 581,942 859,740 511,751 2,114,478 1,702,686 024
12 31 6 30 21 5,497,499 4,292,484 17 3,389 8,766 17 79,371 14,131 20 62,057 50,304 117,382 140,238 5,759,698 4,505,923 7,874,176 6,208,609 14,783,366 12,834,265 (1,429,742) (689,963) 9,023,668 8,328,342 28 46 2013/ 201 025
2012 7 1 168,615 2,398,250 11,588 391,588 237,009 46,930 469,585 2,249,503 5,973,068 331,614 331,614 89,177 89,177 (22,294) (22,294) 157,189 157,189 2012 12 31 66,883 157,189 331,614 555,686 779 779 (4,178) 4,178 2012 6 30 (138,264) (138,264) 24,357 (24,357) 24,357 (3,399) (158,443) (137,485) 2012 12 31 168,615 2,398,250 78,471 391,588 261,366 43,531 626,774 2,422,674 6,391,269 7 1 168,615 2,398,250 83,803 391,588 303,399 41,048 711,125 2,527,828 6,625,656 349,944 349,944 88,715 88,715 2013 12 31 88,715 349,944 438,659 (35,323) 35,323 2013 6 30 (155,125) (155,125) 25,633 (25,633) 25,633 (35,323) (145,435) (155,125) 12 31 168,615 2,398,250 83,803 391,588 329,032 5,725 799,840 2,732,337 6,909,190 28 46 026
12 31 2013 2012 1,280,830 1,529,071 (662,706) (1,321,887) (177,673) (493,512) 12,360 84,114 452,811 (202,214) 7 1 2,473,952 3,242,919 12 31 2,926,763 3,040,705 28 46 2013/ 201 027
1 2007 1 2522 Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands 2007 7 12 2014 2 25 2 12 31 34 2013 6 30 2013 12 31 1,429,742,000 2013 6 30 689,963,000 2013 6 30 2013 12 312013 7 1 1 7 10 11 12 13 10 1112 192011 272011 282011 20 2009-2011 028
2 1213 2014 1 1 9 7 9 10 12 27 2011 19 32 36 39 21 9 2010-2012 2011-2013 3 6 30 2013 6 30 2013/ 201 029
4 12 31 2013 2012 1,351,399 1,331,066 410,328 436,323 41,042 13,996 322,518 247,226 2,125,287 2,028,611 12 31 2013 2012 7,621,511 7,487,713 1,351,399 1,331,066 030
4 2013 12 31 2,030,974 94,313 2,125,287 378,612 82,243 460,855 (1,916) (1,916) 8,447 8,447 (7,027) 460,359 25,645 (13,106) 12,539 472,898 (122,954) 349,944 2012 12 31 1,971,569 57,042 2,028,611 368,555 46,240 414,795 (32,193) (32,193) 46,778 46,778 (7,142) 422,238 40,831 (28,389) 12,442 434,680 (103,066) 331,614 2013/ 201 031
4 12 31 9,450,221 5,179,855 14,630,076 150,927 2,363 14,783,366 2013 12 31 832,987 645,726 1,478,713 155,952 400 156,352 6 30 8,122,060 4,566,680 12,688,740 141,463 4,037 25 12,834,265 2012 12 31 104,389 3,596 107,985 154,457 280 154,737 032
5 12 31 2013 2012 16,119 9,758 38,861 49,132 14,983 18,645 69,963 77,535 6 12 31 2013 2012 1,916 32,193 7 12 31 2013 2012 283,561 252,284 33,349 29,827 712 316,910 282,823 2013/ 201 033
8 12 31 2013 2012 95,731 91,180 112,621 125,769 44,274 41,408 3,810 3,611 67 4,783 8,141 105,040 90,570 63,664 38,710 429,923 399,456 9 12 31 2013 2012 25,645 40,831 (12,511) (19,207) (7,246) (9,182) (19,757) (28,389) 6,651 (13,106) (28,389) 12,539 12,442 034
10 12 31 2013 2012 88,704 82,151 (58) (18,966) 3,797 4,333 30,511 35,548 122,954 103,066 201212 31 25%201225% 11 12 31 2013 2012 0.09420120.098 158,498 165,242 2013/ 201 035
12 (a) 12 31 2013 2012 349,944 331,614 1,686,145 1,686,145 0.21 0.20 (b) 201212 31 13 2013 12 31 138,432,0001,904,921,0002012 104,389,0003,596,000 2,204,000201232,689,000 14 12 31 12 311,944,649,0002013 6 301,913,924,000 20 036
15 12 31 (a) 2010 10 4 456,534,0002013 12 31 481,307,0002013 6 30475,214,000 (b) 2 8 250,012,000527,060,000 2013 12 31318,026,0002013 6 30222,074,000 6 30 5 27 1,250,000,0002013 6 30 1,217,088,00050,633,0007 30 2013/ 201 037
16 12 31 6 30 152,940 98,365 30 12 31 6 30 0 30 107,623 78,098 31 60 13,994 1,728 61 90 8,915 821 90 22,408 17,718 152,940 98,365 17 18 0.1 6 302013 12 31 10,000,000 1,000,000 0.1 6 302013 12 31 1,686,145 168,615 2007 6 12 038
18 2012 2012 7 1 12 31 7 1 12 31 12 31 2007 11 27i 8.660 13,583 (1,144) 12,439 11,768 (11,768) 2008 3 25ii 8.440 2,529 (280) 2,249 2,060 2,060 2,060 16,112 (1,424) 14,688 13,828 (11,768) 2,060 2,060 8.625 8.617 8.626 8.627 8.660 8.440 8.440 (i) 2007 11 272008 11 272009 11 27 2010 11 272011 11 272012 11 272013 11 26 (ii) 2008 3 252009 3 252010 3 25 2011 3 252012 3 252013 3 252014 3 24 2013/ 201 039
19 2012 7 1 2,398,250 11,588 391,588 237,009 46,930 469,585 2,249,503 5,804,453 89,177 89,177 (22,294) (22,294) 779 779 (4,178) 4,178 2012 6 30 (138,264) (138,264) 24,357 (24,357) 331,614 331,614 157,189 157,189 2,398,250 78,471 391,588 261,366 43,531 626,774 2,422,674 6,222,654 11 (165,242) (165,242) 2012 12 31 2,398,250 78,471 391,588 261,366 43,531 626,774 2,257,432 6,057,412 7 1 2,398,250 83,803 391,588 303,399 41,048 711,125 2,527,828 6,457,041 (35,323) 35,323 2013 6 30 (155,125) (155,125) 25,633 (25,633) 349,944 349,944 88,715 88,715 2,398,250 83,803 391,588 329,032 5,725 799,840 2,732,337 6,740,575 11 (158,498) (158,498) 12 31 2,398,250 83,803 391,588 329,032 5,725 799,840 2,573,839 6,582,077 040
20 12 31 6 30 602,564 608,993 62,057 50,304 664,621 659,297 12 31 6 30 641,025 632,911 23,596 26,386 664,621 659,297 12 31 6 30 3.45% 2.79% 5.90% 5.90% 12 31 6 30 23,596 26,386 641,025 632,911 664,621 659,297 2013/ 201 041
20 12 31 6 30 62,057 50,304 89,744 108,993 269,231 265,823 243,589 234,177 664,621 659,297 12 311,944,649,0002013 6 301,913,924,000 641,025,0002013 6 30632,911,000 21 12 31 6 30 3,500,654 2,698,485 2,649,019 2,175,941 (652,174) (581,942) 5,497,499 4,292,484 60 90 12 31 6 30 0 30 1,784,447 1,114,797 31 60 1,043,973 971,181 61 90 279,609 213,937 90 392,625 398,570 3,500,654 2,698,485 042
21 133,500,0002013 6 30108,903,000 90 22 (a) 5 27 1,250,000,0007 30 8 12013 12 31 37,420,000 32,085,0007 12,130,756,000 353,795,000 1,582,278 (1,573,966) 8,312 1,898,734 28,467 (28,467) (324,768) 1,573,966 (1,582,278) 28,467 (1,553,811) 683,544,000 2013/ 201 043
22 (b) 11 280,000,000354,430,000 11 272013 12 31 52,809,000 24,631,0007 12,210,630,000 362,419,000 354,430 198,005 552,435 14,726 5,806 2,108 43,805 28,852 4,542 (297,844) (198,005) (354,430) 4,542 (349,888) 044
23 12 31 6 30 600,695 692,018 282 600,977 692,018 6 30 314,557,000 24 (a) 12 31 2013 2012 (i) (32,051) (50,637) (ii) (15,375) (13,188) (iii) 23,917 2,905 (iv) 1,960 2,655 (v) (135,144) (vi) 63,405 62,706 (i) (133,018) (143,317) (ii) (13,719) (11,677) (iv) 7,007 32,611 (vii) 106 246 (viii) (1) 2013/ 201 045
24 (a) (i) (ii) (iii) (iv) (v) 15 (vi) (vii) (viii) (b) 17 21 (c) 12 31 2013 2012 7,499 6,871 506 505 227 8,005 7,603 25 046
047 2013/ 201 2013 12 310.094 20120.098 2014 4 14 2014 5 16 2014 4 112014 4 14 2014 4 10 4 30 2826 * 2013 12 31 2013 12 31 2410 2013 12 31 14 10 12 31 12 316,645 20127,071 * 2014 3 31183 22
5 27 12.5 5.4 7 30 11 100%2.8 2013 12 31 13.51B(1) 2013 10 2 048
12 31 XV352 (a) 0.10 29,985,826 151,983,526 1.75 4,387,500 117,610,200 (1) 1.00 450,000 450,000 0.01 1.00 18,349,571 30,349,571 0.82 12,000,000 (1) (1) 2013/ 201 049
(b) i. 2013 12 31 7 1 12 31 2007 11 27 (1) 1,000,000 (1,000,000) 8.660 2007 11 27 (1) 250,000 (250,000) 8.660 2007 11 27 (1) 500,000 (500,000) 8.660 2007 11 27 (1) 500,000 (500,000) 8.660 2007 11 27 (1) 1,500,000 (1,500,000) 8.660 2008 3 25 (2) 500,000 500,000 8.440 2007 11 27 (1) 501,000 (501,000) 8.660 2008 3 25 (2) 250,000 250,000 8.440 2007 11 27 (1) 250,000 (250,000) 8.660 2007 11 27 (1) 250,000 (250,000) 8.660 2007 11 27 (1) 250,000 (250,000) 8.660 2007 11 27 (1) 250,000 (250,000) 8.660 6,001,000 (5,251,000) 750,000 (1) 2008 11 272009 11 272010 11 272011 11 272012 11 272013 11 2620% (2) 2009 3 252010 3 252011 3 252012 3 252013 3 252014 3 2420% (3) 1.00 050
(b) ii. 2013 12 31 7 1 12 31 2011 1 18 (1) 2,077,922 2,077,922 3.036 2011 1 18 (2) 935,066 935,066 3.036 2011 1 18 (1) 1,038,961 1,038,961 3.036 4,051,949 4,051,949 (1) 2011 2 192012 2 192013 2 192014 2 192015 2 192016 2 18 (2) 2013 2 192014 2 192015 2 192016 2 18 (3) 10.00 2013/ 201 051
(b) iii. 2013 12 31 7 1 12 31 2012 3 19 (1) 10,014,956 10,014,956 9.756 2012 3 19 (1) 3,505,234 3,505,234 9.756 2012 3 19 (1) 2,203,496 2,203,496 9.756 15,723,686 15,723,686 (1) 2012 3 192013 3 192014 3 192015 3 192016 3 18 (2) 10.00 2013 12 31 XV 352 052
7 1 12 31 2007 11 27 (1) 6,517,000 (6,517,000) 8.660 2008 3 25 (2) 1,310,000 1,310,000 8.440 7,827,000 (6,517,000) 1,310,000 (1) 2008 11 272009 11 272010 11 272011 11 272012 11 27 2013 11 2620% (2) 2009 3 252010 3 252011 3 252012 3 252013 3 252014 3 2420% (3) 1.00 2013/ 201 053
12 31 336 Cheng Yu Tung Family (Holdings) Limited 1,218,900,000 1,218,900,000 72.29 CYTFH (1) Cheng Yu Tung Family (Holdings II) Limited 1,218,900,000 1,218,900,000 72.29 CYTFH-II (2) Chow Tai Fook Capital LimitedCTFC (3) 1,218,900,000 1,218,900,000 72.29 (4) 1,218,900,000 1,218,900,000 72.29 (5) 1,218,900,000 1,218,900,000 72.29 1,218,900,000 1,218,900,000 72.29 (1) CYTFHCTFC 48.98%CTFC (2) CYTFH-IICTFC 46.65%CTFC (3) CTFC78.58% (4) 100% (5) 054
12 31 336 GMT Capital Corp 85,117,000 85,117,000 5.05 2013 12 31 336 2013/ 201 055
28 26 # Cricket Square Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 88 7 (852) 2753 3988 (852) 2318 0884 Royal Bank of Canada Trust Company (Cayman) Limited 4th Floor Royal Bank House 24 Shedden Road George Town Grand Cayman KY1-1110 Cayman Islands 825 88 7 (852) 2753 3988 (852) 2318 0884 nwdscad@nwds.com.hk www.nwds.com.hk # 2014 3 31183 22 056
(: 825) 88 7 (852) 2753 3988 (852) 2318 0884 nwdscad@nwds.com.hk Face cebo book ok VI P www ww.nwd wds.com. hk e.we weib ibo. com/ m/xi nsh shij ijie ieba ihuo e.we weib ibo. o.co com/ m/xi xinba baig igon ongy gyi www ww.fac eboo ook. k.co m/nw nwds. s.hk vip. xi nbai go.c.com www. w. xi nbai go.com