Interim Report 2022

合豐集團控股有限公司 二零二二年中期報告 37 MANAGEMENT DISCUSSION AND ANALYSIS (continued) FINANCIAL REVIEW (continued) Liquidity, financial and capital resources (continued) In the first half of 2022, the Group spent HK$1.1 million on capital expenditure for property, plant and equipment in China. At 30th June, 2022, the average inventory, debtors and creditors turnover days were 67 days (31st December, 2021: 44 days), 65 days (31st December, 2021: 49 days) and 40 days (31st December, 2021: 37 days) respectively. The total bank borrowings were HK$145.6 million as at 30th June, 2022 (31st December, 2021: HK$226.9 million). Gearing ratio (total bank borrowings over total equity) fell from 18.2% as at 31st December, 2021 to 13.2% as at 30th June, 2022. Net cash (net of bank balances and cash less total bank borrowings) of HK$42.5 million was recorded as at 30th June, 2022 (31st December, 2021: net cash HK$19.8 million). Net gearing ratio (total bank borrowings net of bank balances and cash over total equity) fell from -1.6% as at 31st December, 2021 to -3.9% as at 30th June 2022. The current bank borrowings fell HK$63.2 million and non-current bank borrowings fell HK$18.1 million. 管理層討論及分析 （續） 財務回顧 （續） 流動資金、財務及資本資源 （續） 於二零二二年上半年，本集團於中國之 資本開支為 1,100,000 港元，基本用於 物業、廠房及設備。 於二零二二年六月三十日，平均存貨、 應收賬款及應付賬款週轉日數分別為 67 日（二零二一年十二月三十一日： 44 日）、 65 日（二零二一年十二月三十一 日： 49 日）及 40 日（二零二一年十二月 三十一日： 37 日）。 於二零二二年六月三十日，銀行借貸總 額為 145,600,000 港元（二零二一年十二 月三十一日： 226,900,000 港元）。負 債比率（銀行借貸總額除以總權益）由 二零二一年十二月三十一日的 18.2% 跌 至二零二二年六月三十日的 13.2% 。於 二零二二年六月三十日，現金淨額（銀 行結餘及現金減銀行借貸總額之淨額） 錄得 42,500,000 港元（二零二一年十二 月三十一日：現金淨額 19,800,000 港 元）。淨負債比率（銀行借貸總額扣除銀 行結餘及現金後，再除以總權益）由二 零二一年十二月三十一日的 -1.6% 跌至 二零二二年六月三十日的 -3.9% 。即期 銀行借貸減少 63,200,000 港元，而非即 期銀行借貸減少 18,100,000 港元。