Interim Report 2020

舜宇光學科技（集團）有限公司 • 2020 中報 27 Management Discussion and Analysis 管理層討論與分析 QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK Interest Rate Risk The Group is exposed to interest rate risks arising from its bank borrowings for working capital and capital expenditures that are associated with the expansion of the Group and for other uses. The rising of interest rates increases the costs of both existing and new debts. As at 30 June 2020, the effective interest rate on fixed- rate bank borrowings was approximately 3.15% per annum, while the effective interest rate of variable-rate bank borrowings was approximately 0.89% to 3.29% per annum. Foreign Exchange Rate Fluctuation Risk The Group exports a portion of its products to and purchases a considerable amount of products from international markets where transactions are denominated in USD or other foreign currencies. For details of the Group’s foreign currency forward contract and foreign currency options contracts, please refer to Note 18 of the notes to the condensed consolidated financial statements. Except certain investments which are in line with the Group’s business and which are denominated in foreign currencies, the Group did not and has no plan to make any foreign currency investment. Credit Risk The Group’s financial assets include derivative financial assets, bank balances and cash, pledged bank deposits, short-term fixed deposits, time deposits, financial assets at fair value through profit or loss, trade and other receivables, amount due from a related party, equity instruments at fair value through other comprehensive income and debt instruments at amortised cost, which represent the Group’s maximum exposure to credit risk in relation to financial assets. 市場風險的量化和質化披露 利率風險 本集團面對作為營運資金以及用於本集團拓展 和其它用途的資本開支的銀行借貸利率風險。 利率的上調會增加現有及新增債務之成本。於 二零二零年六月三十日，固定利息銀行借貸的 實際年利率約 3.15% ，而可變利息銀行借貸的 實際年利率約 0.89% 至 3.29% 。 匯率波動風險 本集團部分產品會出口銷售至國際市場，同時 也從國際市場購買大量產品，以上交易以美元 或其它外幣計算。有關本集團遠期外匯合約及 外匯期權合約之詳情，請參閱簡明綜合財務報 表附註內的附註 18 。除就本集團業務所進行及 以外幣列值的若干投資外，本集團並未及無計 劃作出任何外幣投資。 信貸風險 本集團的金融資產包括衍生金融資產、銀行結 餘及現金、已抵押銀行存款、短期定期存款、 定期存款、按公允值計入損益之金融資產、貿 易及其他應收款項、應收關連人士款項、按公 允值計入其他全面收益的權益工具及按攤銷成 本計量的債務工具，為本集團所面對有關金融 資產的最大信貸風險。