Interim Report 2022

24 Sunny Optical Technology (Group) Company Limited • INTERIM REPORT 2022 Management Discussion and Analysis 管理層討論與分析 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 和其他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 二零二二年六月三十日，固定利率銀行借貸的 實際年利率約 3.08% ，而可變利率銀行借貸的 實際年利率約 1.72% 至 3.70% 。 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 或其它外幣計值。有關本集團遠期外匯合約、 外匯期權合約及外滙掉期合約之詳情，請參閱 本報告簡明綜合財務報表附註 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、按公允值計入損益的金融資產、貿 易及其他應收款項及按公允值計入其他全面收 益的權益工具，這些為本集團所面對有關金融 資產的最高信貸風險。 QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISKS Interest Rate Risk The Group is exposed to interest rate risks arising from its bank borrowings for working capital and capital expenditure that are associated with the expansion of the Group and utilisation for other purposes. The rising of interest rates increases the costs of both existing and new debts. As at 30 June 2022, the effective interest rate on fixed-rate bank borrowings was approximately 3.08% per annum, while the effective interest rate of variable-rate bank borrowings was approximately 1.72% to 3.70% 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 contracts, foreign currency option contracts and foreign exchange swap contract, please refer to Note 18 to the condensed consolidated financial statements in this report. 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 and equity instruments at fair value through other comprehensive income, which represent the Group’s maximum exposure to credit risk in relation to financial assets.