Financial Performance - Revenue for the year ended December 31, 2024, increased to RMB 1,983.6 million, up from RMB 1,829.4 million in 2023, representing a growth of 8.4%[3] - Gross profit decreased to RMB 354.1 million, with a gross margin of 17.9%, down from RMB 376.4 million and a gross margin of 20.6% in the previous year[3] - Net profit for the year was RMB 84.6 million, a decline from RMB 115.7 million in 2023, resulting in a net profit margin of 4.3% compared to 6.3%[3] - Basic earnings per share decreased to RMB 0.54 from RMB 0.77 in 2023, reflecting a decline of 30%[3] - Operating profit for the year was RMB 101.3 million, down from RMB 134.2 million in 2023, indicating a decline of 24.5%[5] - The company reported a pre-tax profit of RMB 110,651,000 for 2024, a decrease of 27.3% from RMB 152,056,000 in 2023[23] - The group's net profit for the year was approximately RMB 84.6 million, a decline of about 26.9% from RMB 115.7 million in 2023, with attributable profit to owners at RMB 79.7 million, down 29.8%[70] Revenue Breakdown - Revenue from property management services was RMB 1,398,652,000, up 23.6% from RMB 1,131,296,000 in 2023[18] - Revenue from non-owner value-added services decreased to RMB 253,597,000, down 29.4% from RMB 358,830,000 in 2023[18] - The company’s income from Beijing Urban Construction Group accounted for 16.9% of total revenue in 2024, down from 19.9% in 2023[18] - Revenue from engineering operation and maintenance services was approximately RMB 67.0 million, accounting for 26.4% of non-owner value-added service revenue, representing a growth of about 14.2% compared to 2023, driven by an increase in integrated facility management (IFM) service projects[53] - Community value-added services accounted for approximately 16.7% of total revenue, including heating, catering, parking operation, and other services[56] - Revenue from community value-added services was approximately RMB 331.4 million, a decrease of about 2.3% compared to RMB 339.3 million in 2023, mainly due to the impact of the consumer environment on livelihood services[57] Cash and Assets - Cash and cash equivalents at year-end were RMB 883.0 million, down from RMB 1,105.2 million in 2023[3] - As of the reporting period, the company's current assets amounted to approximately RMB 2,089.5 million, representing a growth of about 9.3% compared to RMB 1,911.9 million as of December 31, 2023[71] - The total equity of the company at the end of the reporting period was approximately RMB 899.5 million, an increase of about RMB 44.3 million or 5.2% from RMB 855.2 million as of December 31, 2023[72] - The company's cash and cash equivalents decreased by approximately 20.1% to RMB 883.0 million from RMB 1,105.2 million as of December 31, 2023, due to the reallocation of idle funds into fixed-term deposits[71] Liabilities and Receivables - The company’s total liabilities increased to RMB 1,047,826,000 in 2024 from RMB 972,233,000 in 2023, reflecting a rise in accounts payable and other payables[33] - Accounts receivable increased to RMB 895,016,000 in 2024 from RMB 855,817,000 in 2023, with a provision for bad debts rising to RMB 195,408,000 from RMB 136,653,000[29] - The expected credit loss provision for accounts receivable increased to RMB 195,408,000 in 2024 from RMB 136,653,000 in 2023, indicating a growing concern over credit risk[32] - Accounts payable and other payables increased by approximately RMB 75.6 million to RMB 1,047.8 million from RMB 972.2 million as of December 31, 2023, mainly due to increased payments to third parties[76] Dividends - Proposed final dividend per share is RMB 0.1452, down from RMB 0.2117 in 2023, reflecting a decrease of 31.2%[3] - The proposed final dividend per ordinary share is RMB 0.1452, a decrease from RMB 0.2117 in 2023, totaling RMB 21,296,000[27] - The board proposed a final dividend of RMB 0.1452 per share, representing a payout ratio of approximately 30%[87] Operational Highlights - Managed area increased to 45.87 million square meters, up from 41.35 million square meters in the previous year, indicating a growth of 10.1%[3] - The total managed area of the group reached approximately 45.9 million square meters, with a year-on-year increase of about 10.1%[45] - New signed area during the reporting period was approximately 7.4 million square meters, representing a year-on-year growth of about 35.2%[45] - The total number of managed projects increased to 282, up from 260 in the previous year, reflecting a growth in operational scale[47] Strategic Focus - The company continues to focus on property management and related services in China, with plans for market expansion and potential new service offerings[10] - The company is focusing on high-quality development, shifting from scale expansion to efficiency improvement, and is actively discarding low-profit projects[39] - The company aims to diversify its business by focusing on non-residential sectors and expanding into new markets such as commercial services and integrated facility management[39] - The group is committed to enhancing service quality and customer satisfaction, with ongoing initiatives to improve service standards and project management[49] Employee and Governance - The group had a total of 1,871 employees at the end of the reporting period, with total employee costs approximately RMB 367.6 million, an increase from RMB 361.0 million in 2023[85] - The company has adopted a competitive, performance-oriented compensation plan to incentivize employee value creation[85] - The audit committee has reviewed the consolidated financial statements for the year ending December 31, 2024, ensuring compliance with accounting principles and risk management[93] Future Outlook - By 2025, the group plans to focus on providing warmer services and higher quality development, aiming to become a nationally recognized urban service and quality of life service provider[63] - The company is accelerating its digital transformation, leveraging AI to enhance operational efficiency and service quality[40]

Financial Performance - Total revenue for the six months ended June 30, 2024, was approximately RMB 889.6 million, a slight increase from RMB 888.1 million in the same period of 2023[8]. - Gross profit for the same period was RMB 181.6 million, down from RMB 194.0 million year-on-year, resulting in a gross margin of 20.4%, compared to 21.8% in 2023[8]. - Profit for the period was RMB 47.0 million, a decrease from RMB 61.6 million in the previous year, leading to a net profit margin of 5.3%, down from 6.9%[8]. - Profit attributable to owners of the company was RMB 45.3 million, compared to RMB 58.7 million in the same period last year[8]. - Basic earnings per share for the period were RMB 0.31, down from RMB 0.40 in 2023[8]. - The group reported a significant increase in high-quality large projects, with five new full-commission projects exceeding RMB 10 million in annualized contract value[13]. - The company did not recommend the distribution of an interim dividend for the six months ended June 30, 2024, consistent with the previous year[65]. - Total comprehensive income for the period was RMB 40,025 thousand, compared to RMB 54,190 thousand in the same period last year, reflecting a decrease of about 26.2%[70]. - Earnings per share for the period was RMB 0.31, down from RMB 0.40 in the previous year, indicating a decline of 22.5%[70]. Property Management and Operations - As of June 30, 2024, the total managed property area exceeded 43.5 million square meters, covering 12 provinces, municipalities, and autonomous regions in China[3]. - The company ranked 17th among China's top 100 property service companies in 2024, receiving multiple awards for service quality and social responsibility[4]. - The company has diversified its operations, covering residential, commercial, and other property types, including offices, public buildings, and community services[3]. - Revenue from property management services accounted for approximately 69.2% of total revenue, with income from this segment reaching approximately RMB 615.4 million, a rise of about 20.0% compared to RMB 512.8 million in 2023[11]. - The managed area for residential properties was approximately 27.7 million square meters, representing a year-on-year increase of 8.6% and accounting for about 63.7% of the total managed area[13]. - Revenue from residential property management services was approximately RMB 281.6 million, an increase of about 13.1% compared to RMB 248.9 million in 2023, representing 45.8% of total property management service revenue[13]. - The company continues to focus on value-added services, including tenant recruitment, property management, and community elderly care services[3]. Financial Position and Assets - As of June 30, 2024, current assets were approximately RMB 1,826.4 million, a decrease from RMB 1,911.9 million as of December 31, 2023[36]. - Cash and cash equivalents were approximately RMB 979.1 million, down about 11.4% from RMB 1,105.2 million as of December 31, 2023, due to dividend payments and supplier payments[36]. - The total equity as of June 30, 2024, was approximately RMB 864.1 million, an increase of about 1.0% from RMB 855.2 million as of December 31, 2023[36]. - The debt-to-asset ratio was approximately 61.9%, a decrease of about 2.0 percentage points from 63.9% as of December 31, 2023[36]. - The total assets amounted to RMB 1,826,352 thousand, a decrease from RMB 1,911,854 thousand as of December 31, 2023, representing a decline of approximately 4.5%[71]. - Total liabilities decreased to RMB 1,404,447 thousand from RMB 1,478,194 thousand, a decline of about 5%[71]. Revenue Breakdown - Revenue from community value-added services was approximately RMB 168.1 million, a decrease of about 8.3% from RMB 183.4 million in the same period last year[29]. - Revenue from heating services was approximately RMB 75.8 million, a slight increase of 0.5%, representing 45.1% of community value-added services[25]. - Revenue from catering services increased by approximately 18.4% to RMB 42.1 million, accounting for 25.1% of community value-added services[25]. - Revenue from non-owner value-added services was approximately RMB 106.1 million, a decrease of about 44.7% year-on-year, primarily due to the absence of significant income from specialized guarantee services[17]. Employee and Administrative Expenses - Administrative expenses totaled approximately RMB 847 million, a decrease of about 15.1% compared to RMB 998 million for the same period in 2023, primarily due to adjustments in personnel structure[32]. - Employee costs decreased to RMB 158,527,000 in the first half of 2024 from RMB 207,427,000 in the same period of 2023, reflecting a reduction of approximately 23.5%[87]. - The company had 1,815 employees as of June 30, 2024, a decrease from 1,865 employees as of December 31, 2023[48]. Corporate Governance and Compliance - The company maintains compliance with the corporate governance code and has adhered to all applicable provisions during the reporting period[49]. - Major shareholders include Beijing Urban Construction Group Co., Ltd., holding 35.25% of the shares, and Beijing Urban Construction Investment Development Co., Ltd., holding 44.63%[55]. - The company has undergone a board member change with the appointment of new executive and non-executive directors effective from May 22, 2024[60]. - The second supervisory board has been established with new representatives appointed, effective from May 22, 2024[61]. Future Outlook and Strategy - The company aims to enhance risk management, deepen service innovation, and promote digital transformation for high-quality development in the future[27]. - The group plans to leverage its advantages as a state-owned enterprise to improve management efficiency and project operation effectiveness while cautiously pursuing joint ventures and acquisitions[27]. - The company is actively exploring new business models and expanding its service offerings to cover various sectors, including schools, hospitals, industrial parks, and commercial complexes[15].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 Beijing Capital Jiaye Property Services Co., Limited 北京京城佳業物業股份有限公司 （於中華人民共和國註冊成立之股份有限公司） （股份代號：2210） 截至2024年6月30日止六個月中期業績公告 | --- | |--------------------------------------------------------------------------------------------------------------------------| | | | 財務概要 | | 截至 2024 年 6 月 30 日止六個月，本集團總收入約為人民幣 889.6 百萬元，較 年同期約為人民幣 888.1 百萬元略有增長。 | | 截至 2024 年 6 月 30 日止六個月，本集團毛利約為人民幣 181.6 百萬元，較 同期約為人民幣 194.0 ...

Revenue and Profitability - The total revenue for the year ended December 31, 2023, was approximately RMB 1,829.4 million, an increase of about 16.7% compared to RMB 1,567.2 million in 2022[14]. - The revenue from emergency guarantee services was RMB 90.6 million, accounting for 25.2% of total revenue, down from 30.8% in 2022[5]. - Revenue from engineering operation and maintenance services was RMB 58.6 million, representing a growth of approximately 52.9% compared to the previous year[7]. - Revenue from other services, including landscape engineering, was RMB 46.7 million, an increase of about 53.7% year-on-year[8]. - The gross profit for the year was approximately RMB 376.4 million, an increase of about 8.4% from RMB 347.3 million in 2022, with a gross margin of 20.6%[16]. - The net profit for the year was RMB 115.7 million, with a net margin of 6.3%, compared to a net margin of 7.4% in 2022[46]. - The basic earnings per share for the year were RMB 0.77, slightly down from RMB 0.78 in 2022[46]. - The return on equity (ROE) was 14.1%, down from 15.5% in the previous year[46]. - The company's net profit for 2023 was RMB 115,688,000, slightly up from RMB 115,167,000 in 2022, indicating a stable performance[55]. - The company achieved a gross profit of RMB 376,381,000 in 2023, which is a 8.4% increase compared to RMB 347,305,000 in 2022[55]. Financial Position - Operating costs for the year were approximately RMB 1,453.0 million, up about 19.1% from RMB 1,219.9 million in 2022[15]. - The asset-liability ratio as of December 31, 2023, was approximately 63.9%, a slight decrease of 0.2 percentage points from 64.1% in 2022[19]. - The total assets increased to RMB 2,367,425,000 in 2023, up from RMB 2,179,456,000 in 2022, reflecting a growth of approximately 8.6%[55]. - The total equity increased to RMB 855,211,000 in 2023, up from RMB 782,369,000 in 2022, indicating a growth of 9.3%[67]. - The total equity as of December 31, 2023, reached RMB 855,211 thousand, compared to RMB 782,369 thousand in 2022, marking an increase of 9.3%[182]. - The company has maintained a strong financial position with no borrowings or bank loans as of December 31, 2023[117]. Business Expansion and Operations - The company expanded its project management services, signing 33 new engineering renovation projects during the reporting period[7]. - The company successfully expanded its catering services, adding 15 new projects and extending its business footprint to multiple regions including Xinjiang and Hainan[13]. - The group has expanded its operations to 12 provinces, municipalities, and autonomous regions across China, managing over 41.4 million square meters of area[36]. - The company has expanded its management area in key projects, including the Beijing University Medical Department and the National Tennis Center, contributing to its growth strategy[49]. - The total contracted management area as of December 31, 2023, was approximately 43.3 million square meters, representing a year-on-year growth of about 10.5%, with third-party projects accounting for approximately 19.9 million square meters, up 18.4%[78]. - The managed area increased to approximately 41.4 million square meters, a year-on-year growth of about 12.1%, with third-party managed area growing by 17.7%[79]. - The company signed new annual contracts worth RMB 569 million, reflecting a year-on-year increase of 57.8%, with 47 new projects, of which 41 were third-party projects, accounting for 87.2%[76]. Service Offerings - The proportion of property management services accounted for approximately 61.8% of total revenue in 2023[64]. - The company's revenue from property management services reached approximately RMB 1,131.3 million, an increase of about 20.9% compared to the same period in 2022, driven by growth in managed property projects and area[76]. - Revenue from non-residential property management services accounted for 51.7% of total revenue, surpassing that from residential property management services[76]. - Non-owner value-added services generated revenue of approximately RMB 358.8 million, which is a 15.4% increase from RMB 310.9 million in the previous year, accounting for 19.6% of total revenue[90][83]. - Community value-added services revenue was approximately RMB 339.3 million, reflecting a growth of 5.7% from RMB 320.9 million in 2022, making up 18.6% of total revenue[90][87]. Compliance and Governance - The company has established a risk management and compliance system that meets state-owned asset supervision and listed company requirements, enhancing operational control[71]. - The company emphasizes the importance of customer feedback and has established mechanisms to improve customer service and relationships[142]. - The company is committed to sustainable development, focusing on employee engagement, quality service for customers, and collaboration with business partners[141]. - The independent auditor's report confirmed that the financial statements fairly reflect the company's financial position as of December 31, 2023[168]. - The company will publish an independent Environmental, Social, and Governance (ESG) report to demonstrate its commitment to sustainability and accountability to stakeholders[162]. Contracts and Agreements - The company has entered into a new service framework agreement for 2024, with annual service fee caps set at RMB 55 million, RMB 57.75 million, and RMB 60.64 million for the years ending December 31, 2024, 2025, and 2026, respectively[128]. - The company has established a framework agreement for business operation services with the Urban Construction Group, which has been renewed for the period from January 1, 2024, to December 31, 2026[156]. - The total transaction amount from the property management service framework agreement with the Urban Construction Group was RMB 157,497 thousand for the year ended December 31, 2023[187]. - The annual cap for the property management service framework agreement was revised from RMB 146,695 thousand to RMB 177,147 thousand as of December 31, 2023[187]. - The company entered into a trademark licensing framework agreement with the Construction Group on October 10, 2023, renewing the previous agreement for the period from January 1, 2024, to December 31, 2026[200].

Financial Performance - The company's total revenue for the year ended December 31, 2023, was approximately RMB 1,829.4 million, representing an increase of about 16.7% compared to RMB 1,567.2 million in 2022[15]. - The gross profit for the same period was approximately RMB 376.4 million, an increase of about 8.4%, with a gross margin of approximately 20.6%, down 1.6 percentage points from the previous year[15]. - The net profit for the year was approximately RMB 115.7 million, which was relatively flat compared to RMB 115.2 million in 2022[15]. - Total revenue for the year ended December 31, 2023, was RMB 1,829.4 million, an increase from RMB 1,567.2 million in 2022, representing a growth of 16.7%[34]. - Gross profit for 2023 was RMB 376.4 million, with a gross margin of 20.6%, down from a gross margin of 22.2% in 2022[34]. - Net profit attributable to equity holders for 2023 was RMB 113.6 million, slightly down from RMB 114.2 million in 2022, resulting in a net profit margin of 6.3%[34]. - Basic earnings per share for 2023 were RMB 0.77, compared to RMB 0.78 in 2022[34]. - The company reported a net profit of RMB 115,688,000 for the year 2023, compared to RMB 115,167,000 in 2022, representing a slight increase of 0.45%[177]. - Total comprehensive income for the year was RMB 105,128,000, up from RMB 96,749,000 in the previous year, indicating a growth of 8.9%[177]. - Earnings per share decreased slightly to RMB 0.77 from RMB 0.78 year-on-year[177]. Revenue Breakdown - Revenue from community value-added services was approximately RMB 339.3 million, a year-on-year increase of about 5.7%, driven by growth in parking and catering services[11]. - Revenue from parking operation services was approximately RMB 81.5 million, contributing 24.0% to total community value-added services revenue[13]. - Revenue from catering services was approximately RMB 80.2 million, accounting for 23.6% of total community value-added services revenue[13]. - Revenue from property management services was RMB 1,131,296 thousand for 2023, up from RMB 935,352 thousand in 2022, reflecting a growth of about 20.9%[72]. - The revenue from non-owner value-added services was RMB 358.8 million, accounting for 19.6% of total revenue, with a growth rate of 15.4%[88]. - The revenue from community value-added services was RMB 339.3 million, accounting for 18.6% of total revenue, with a growth rate of 5.7%[88]. - Revenue from residential property management services was approximately RMB 546.4 million, accounting for about 48.3% of total property management revenue, with a year-on-year growth of approximately 11.9%[120]. - Revenue from non-residential property management services was approximately RMB 584.9 million, accounting for about 51.7% of total property management revenue[119]. - Revenue from engineering operation and maintenance services increased by approximately 52.9% to RMB 58.6 million in 2023, reflecting the company's focus on external market expansion[108]. - Other non-owner value-added services revenue grew by approximately 53.7% to RMB 46.7 million, indicating successful entry into ecological restoration projects[109]. Cash and Assets - As of December 31, 2023, the company's cash and cash equivalents were approximately RMB 1,105.2 million, a decrease of about 3.1% from the previous year[15]. - Cash and cash equivalents at the end of 2023 were RMB 1,105.2 million, a decrease from RMB 1,140.7 million in 2022[34]. - The company's total assets and liabilities ratio was approximately 63.9% as of December 31, 2023, a decrease of about 0.2 percentage points from 64.1% in 2022[66]. - The company's total equity as of December 31, 2023, was approximately RMB 855.2 million, representing a growth of about 9.3% from RMB 782.4 million as of December 31, 2022, primarily due to profit growth during the reporting period[97]. - The accounts receivable from third parties increased to RMB 592.9 million in 2023 from RMB 532.5 million in 2022[83]. - The company's non-current assets, including investment properties, totaled RMB 107.96 million in 2023, slightly up from RMB 107.71 million in 2022[37]. - The company's total liabilities increased to RMB 1,389.6 million in 2023 from RMB 1,292.6 million in 2022[37]. Dividends and Shareholder Information - The proposed final dividend per share for 2023 is RMB 0.2117, down from RMB 0.2175 in 2022[34]. - The company proposed a final dividend of RMB 21.75 cents per share for the year, compared to RMB 15.81 cents per share in 2022, representing an increase of approximately 37.5%[60]. - The company proposed a final dividend of RMB 0.2117 per share, with a payout ratio of approximately 30%[127]. - The annual general meeting for 2023 is scheduled for May 22, 2024, with a suspension of share transfer registration from May 17 to May 22, 2024[155]. - The company will suspend share transfer registration from May 28 to June 3, 2024, to determine eligibility for the proposed final dividend[156]. - The company will assist non-resident corporate shareholders in applying for tax treaty benefits regarding dividend withholding tax[163]. Business Expansion and Operations - The company successfully expanded its business by adding 15 new projects during the reporting period, including 7 projects in administrative office areas and 3 projects in high-level courts[1]. - The company managed a total of 39 catering projects and one directly operated restaurant during the reporting period[1]. - The company is actively exploring urban operations, community services, and space management, aiming to integrate property services into community governance[121]. - The company had no significant investments, acquisitions, or disposals during the reporting period, and is continuing to seek new business development opportunities[102]. - The annualized new contract amount signed in 2023 was RMB 569 million, an increase of 57.8% year-on-year, with 47 new projects signed, of which 41 were third-party projects, accounting for 87.2%[133]. - The total contracted management area as of December 31, 2023, was approximately 43.3 million square meters, a year-on-year increase of about 10.5%[136]. - The management area from third-party projects grew by approximately 18.4% year-on-year, reaching about 19.9 million square meters[136]. - The commercial property management area increased by approximately 27.2% year-on-year, totaling about 2.7 million square meters as of December 31, 2023[140]. - The number of managed public and other property projects increased to 63, up by 21 projects compared to the previous year[121]. - The total managed area reached approximately 41.4 million square meters, representing a year-on-year growth of about 12.1%[117]. Financial Management and Compliance - The company emphasizes the recruitment of talented individuals and provides continuous training and career development opportunities[161]. - The company has adopted a code of conduct for securities trading by its directors and supervisors, ensuring compliance throughout the year[167]. - The company is committed to maintaining transparency and accuracy in its financial reporting, as stated in the announcement[174]. - The audit committee reviewed the consolidated financial statements for the year ended December 31, 2023, confirming consistency with the preliminary performance announcement[154]. - There were no significant contingent liabilities as of December 31, 2023[159]. - The company has not purchased, sold, or redeemed any of its listed securities during the year ended December 31, 2023[168]. - The company plans to release its annual performance report by December 31, 2023, as per regulatory requirements[173]. - The group established a quality improvement initiative, including a specialized fund and a service manual, to enhance service standards and customer satisfaction[139]. - The group achieved a third-party satisfaction survey result that exceeded the industry average in 2023[139]. Risks and Future Outlook - The company aims to enhance economic and social benefits through strategic choices and management innovations in 2024, focusing on the development of new productive forces[2]. - The company has no significant foreign exchange risk exposure and does not currently employ any foreign exchange hedging policies[125]. - The company plans to utilize the proceeds from its listing for strategic investments and acquisitions, with 60% allocated for this purpose[124]. - There are no significant events after December 31, 2023, that could materially impact the company's operational and financial performance[157].

Revenue Growth - As of June 30, 2023, the total property management service revenue reached RMB 512.8 million, a year-on-year increase of 16.2% compared to RMB 441.1 million in the same period of 2022[1]. - Residential property management service revenue was RMB 248.9 million, accounting for 48.5% of total revenue, with a year-on-year growth of 11.5%[2]. - Non-residential property management service revenue was RMB 263.9 million, representing 51.5% of total revenue, with a year-on-year increase of 21.1%[3]. - The total revenue for the first half of 2023 was approximately RMB 888.1 million, an increase of about 33.4% compared to RMB 665.7 million in the same period of 2022[25]. - Revenue for the six months ended June 30, 2023, was RMB 888,082 thousand, representing an increase of approximately 33.4% compared to RMB 665,694 thousand for the same period in 2022[87]. Property Management and Services - The managed area for residential properties was approximately 25.5 million square meters, a year-on-year increase of 10.5%[2]. - The managed area for non-residential properties was approximately 13.6 million square meters, a year-on-year increase of 19.4%[3]. - The company continues to focus on three main business segments: property management services, non-owner value-added services, and community value-added services[96]. - The company plans to explore new business models and expand management services to cover various sectors including schools, hospitals, and commercial complexes[6]. - The company has successfully expanded its project management scale by taking on new projects such as the Shunyi Cultural Center and the National Tennis Center[6]. Value-Added Services - Non-owner value-added services generated revenue of approximately RMB 191.9 million, a significant year-on-year increase of 135.2%[8]. - Community value-added services accounted for approximately 20.7% of total revenue, including heating services and parking operations[15]. - Community value-added services revenue reached approximately RMB 183.4 million, representing a year-on-year growth of about 28.3%[17]. - The revenue from parking operation services was approximately RMB 50.6 million, showing a significant year-on-year increase of about 131.4%[20]. Financial Performance - The gross profit margin for the group was approximately 21.8%, down from 23.5% in the same period of 2022[27]. - Operating costs increased by approximately 36.3% to about RMB 694.1 million, compared to RMB 509.1 million in the same period of 2022[29]. - The net profit for the period was approximately RMB 61.6 million, a growth of about 16.0% from RMB 53.1 million in the same period of 2022[32]. - The company reported a basic earnings per share of RMB 0.40, compared to RMB 0.36 for the same period last year, reflecting an increase of approximately 11.1%[91]. - The total comprehensive income for the period was RMB 54,190 thousand, compared to RMB 53,089 thousand in the previous year, showing a slight increase[91]. Assets and Liabilities - As of June 30, 2023, the company's current assets were approximately RMB 1,865.8 million, remaining stable compared to RMB 1,880.4 million as of December 31, 2022[34]. - The company's cash and cash equivalents decreased by approximately 8.9% to RMB 1,039.5 million from RMB 1,140.7 million as of December 31, 2022, primarily due to dividend payments and operational costs[34]. - Total equity increased by approximately 2.9% to RMB 804.7 million as of June 30, 2023, compared to RMB 782.4 million as of December 31, 2022, mainly due to profit contributions during the period[34]. - The company's debt-to-asset ratio improved to approximately 63.1% as of June 30, 2023, down from 64.1% as of December 31, 2022[34]. - The company's total liabilities as of June 30, 2023, were RMB 997,719,000, slightly up from RMB 973,682,000 as of December 31, 2022, indicating a growth of about 2.5%[165]. Employee and Administrative Costs - As of June 30, 2023, the company had 1,958 employees, a decrease from 2,085 employees as of December 31, 2022[48]. - Administrative expenses increased by approximately 12.9% to about RMB 99.8 million, compared to RMB 88.4 million in the same period of 2022[31]. - Employee costs totaled RMB 207,427,000 for the six months ended June 30, 2023, slightly down from RMB 209,095,000 in the same period of 2022, indicating a decrease of 0.80%[135]. Governance and Compliance - The company has adopted the Corporate Governance Code and complied with all applicable provisions during the reporting period[59]. - The audit committee reviewed the unaudited interim results for the six months ended June 30, 2023, and confirmed compliance with applicable accounting standards and regulations[80]. - The company’s governance practices were updated to enhance board structure and compliance with listing rules[76]. Market Position and Recognition - In 2023, the company ranked 19th among China's top 100 property service enterprises and received multiple awards for social responsibility and service quality[197]. - The company was recognized as one of the top 10 listed state-owned property service enterprises in China, ranking 9th in 2023[197]. - The company has been awarded the title of "Leading Enterprise in Social Responsibility" and "Leading Enterprise in Service Quality" in 2023[197].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 Beijing Capital Jiaye Property Services Co., Limited 北京京城佳業物業股份有限公司 （於中華人民共和國註冊成立之股份有限公司） （股份代號：2210） 截至2023年6月30日止六個月中期業績公告 財務概要 截至2023年6月30日止六個月，本集團總收入約為人民幣888.1百萬元，較2022 年同期約為人民幣665.7百萬元增加約33.4%。 截至2023年6月30日止六個月，本集團毛利約為人民幣194.0百萬元，較2022年 同期約為人民幣156.6百萬元增加約23.9%。 截至2023年6月30日止六個月，本集團期內溢利約為人民幣61.6百萬元，較2022 年同期約為人民幣53.1百萬元增加約16.0%。 截至2023年6月30日，本集團管理面積約39.1百萬平方米，較截至2022年6月30 ...

Financial Performance - Total assets as of December 31, 2022, amounted to RMB 2,179.5 million, an increase from RMB 1,831.1 million in 2021[34] - Cash and cash equivalents reached RMB 1,140.7 million, up from RMB 1,087.3 million in the previous year[34] - Total equity increased to RMB 782.4 million, compared to RMB 704.2 million in 2021[34] - The total revenue for the year 2022 was approximately RMB 1,567.2 million, representing a year-on-year growth of about 28.0%[73] - The net profit for 2022 was approximately RMB 115.2 million, with a year-on-year increase of 37.0%[73] - The company's operating costs for the year were approximately RMB 1,219.9 million, up about 28.2% from RMB 951.9 million in 2021, driven by the expansion of managed areas and projects[62] - The gross profit from property management services was RMB 198.9 million, with a gross profit margin of 57.3%, while the gross profit from non-owner value-added services was RMB 100.4 million, with a gross profit margin of 28.9%[63] - The revenue from property management services accounted for approximately 59.7% of total revenue, amounting to RMB 935.4 million, a growth of 15.9% year-on-year[79][87] - The revenue from residential property management services was approximately RMB 488.3 million, representing a growth of about 13.4% compared to the previous year, accounting for approximately 52.2% of the total property management service revenue[53] - The income from non-owner value-added services was approximately RMB 310.9 million, a significant increase of about 114.7% year-on-year, primarily due to the rise in emergency support projects and management services[56] - The revenue from community value-added services was approximately RMB 320.9 million, reflecting a year-on-year growth of about 17.6%[85] Operational Expansion - The company operates in 13 provinces, cities, and autonomous regions, with new expansions in Sanya, Changsha, and Xiamen[20] - The managed area exceeded 36.9 million square meters, covering diverse operational formats including residential and commercial properties[20] - As of December 31, 2022, the total managed area of the company reached approximately 36,880 thousand square meters, an increase of 16.5% from 31,637 thousand square meters in 2021[51] - The managed area reached 36.9 million square meters, a year-on-year growth of 16.7%[73] - The company won 38 service project bids in 2022, resulting in an additional managed area of approximately 5.3 million square meters[78] - The company successfully entered the Hunan Changsha market and established a joint venture in Sanya to expand its service footprint into tourism and hotel management[35][37] Strategic Focus and Goals - The company aims to become a nationally recognized provider of urban services and quality living services[5] - The company has a strategic focus on regional deepening and specialized services to align with national development strategies[5] - The company is focusing on new business models such as "engineering + services" and community elderly care, aiming to create new economic growth points[45] Awards and Recognition - The company has received multiple awards, including being ranked 21st among China's top 100 property service companies in 2022[4] - The company won its first subway project for the Beijing Metro Line 10, marking a significant milestone in its market development strategy[39] - The company received the first-class award for its project on modern enterprise management innovation in Beijing, highlighting its commitment to service excellence[40] Financial Position and Assets - The company maintained a strong financial position with current assets of approximately RMB 1,880.4 million as of December 31, 2022, a growth of about 20.4% from RMB 1,561.5 million in 2021[65] - The cash and cash equivalents as of December 31, 2022, were approximately RMB 1,140.7 million, an increase of about 4.9% from the previous year[91] - As of December 31, 2022, accounts payable and other payables amounted to approximately RMB 973.7 million, an increase of RMB 241.6 million compared to approximately RMB 732.1 million as of December 31, 2021, mainly due to increased payments to suppliers as the business expanded[121] - The company has no borrowings or bank loans as of December 31, 2022[96] Employee and Talent Management - As of December 31, 2022, the group had 2,085 employees, an increase from 2,051 employees in the previous year[142] - Total employee costs for the year ended December 31, 2022, were approximately RMB 428.2 million, slightly up from RMB 427.9 million in 2021[142] - The company emphasizes the recruitment of talented individuals and provides continuous training and career development opportunities for employees[144] - The company has established a competitive and performance-oriented compensation plan to incentivize employee value creation[142] - The company is focused on building a supply chain of key talent, including executives and project managers, to enhance employee training[144] Corporate Governance - The company has established a clear governance structure through its shareholders' meeting, supervisory board, board of directors, and specialized committees to ensure compliance with the Hong Kong Stock Exchange listing rules[170] - The company emphasizes the importance of good corporate governance for sustainable development and stable growth in performance, aiming to protect shareholder rights and enhance corporate value[192] - The company has adopted the new Corporate Governance Code as per the Listing Rules Appendix 14, effective from January 1, 2022, enhancing governance practices[193] - The board is committed to fostering a corporate culture aligned with the company's vision, values, and business strategy, emphasizing stakeholder importance[194] - The governance report highlights the importance of communication with shareholders and the synchronization of ESG reports with annual reports[193] - The company has confirmed compliance with the standard code for the year ending December 31, 2022, after specific inquiries to all directors and supervisors[196] Related Party Transactions - The company has complied with the disclosure requirements of the Listing Rules regarding related party transactions[141] - The total service fees paid by the group under the Engineering and Labor Service Framework Agreement for the years ending December 31, 2021, 2022, and 2023 are capped at RMB 483 million, RMB 531 million, and RMB 564 million respectively, with a total transaction amount of RMB 530 million for the year ending December 31, 2022[177] - The total service fees paid under the Property Supporting Service Framework Agreement for the years ending December 31, 2021, 2022, and 2023 are capped at RMB 276 million, RMB 427 million, and RMB 587 million respectively, with a total transaction amount of RMB 314 million for the year ending December 31, 2022[178] - The group has adhered to fair and reasonable terms in its related party transactions, ensuring alignment with shareholder interests[155] Risk Management and Compliance - The company has a focus on risk management and internal controls as part of its financial reporting and governance practices[174] - There were no significant lawsuits or arbitrations that could materially affect the financial position or operating results of the group as of December 31, 2022[146] - The auditor, KPMG, has been retained since the company's listing on November 10, 2021, with no changes in auditors[147] - The company has not made any significant investments, acquisitions, or disposals for the year ended December 31, 2022, but continues to seek new business development opportunities[124] Events After Reporting Period - The group has not experienced any significant events after December 31, 2022, that would materially impact its operations and financial performance[145]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 Beijing Capital Jiaye Property Services Co., Limited 北京京城佳業物業股份有限公司 （於中華人民共和國註冊成立之股份有限公司） （股份代號：2210） 截至2022年12月31日止年度 年度業績公告 財務概要 截至12月31日止年度 2022年 2021年 收入（人民幣百萬元） 1,567.2 1,224.6 毛利（人民幣百萬元） 347.3 272.6 毛利率 22.2% 22.3% 年內溢利（人民幣百萬元） 115.2 84.1 淨利率 7.4% 6.9% ...

Financial Performance - Total revenue for the six months ended June 30, 2022, was approximately RMB 665.7 million, an increase of about 15.6% compared to RMB 575.9 million for the same period in 2021[12]. - Gross profit for the same period was approximately RMB 156.6 million, representing a growth of about 10.1% from RMB 142.2 million in 2021[13]. - Profit for the period was approximately RMB 53.1 million, which is an increase of about 15.7% compared to RMB 45.9 million in 2021[13]. - The gross profit margin decreased to 23.5% from 24.7% in the previous year[12]. - Basic earnings per share for the period were RMB 0.36, down from RMB 0.41 in the previous year[12]. - The net profit margin remained stable at 8.0% for both 2022 and 2021[12]. - Operating profit increased to RMB 62,908 thousand, compared to RMB 53,479 thousand in the previous year, representing a growth of 17.5%[115]. - Net profit for the period was RMB 53,097 thousand, a rise of 15.5% from RMB 45,888 thousand in the prior year[115]. Property Management and Services - Revenue from property management services was approximately RMB 441.1 million, representing a year-on-year increase of about 16.1%[29]. - The total number of managed projects was 209, with 129 projects from the controlling shareholder and its joint ventures, and 80 projects from third parties[30]. - The company’s residential property management income was approximately RMB 223.2 million, a year-on-year increase of approximately 6.3%, accounting for about 50.6% of total property management service income[34]. - Management income from non-residential properties was approximately RMB 217.9 million, representing a year-on-year increase of approximately 28.1% and accounting for about 49.4% of total property management service income[31]. - The company added 11 new construction site management projects in the first half of 2022, bringing the total to 23 managed construction site projects[43]. - The company expanded its commercial property management by acquiring Beijing Zhuolian Property Management Co., increasing its managed area to approximately 2 million square meters[34]. Strategic Initiatives and Growth - The company aims to enhance its property service levels and expand its market presence despite challenges posed by the COVID-19 pandemic[16]. - The company is actively pursuing joint ventures and acquisitions to drive growth and improve service quality[16]. - The company aims to enhance operational efficiency through digital transformation and smart property management initiatives[21]. - The focus on regional expansion will primarily target the Beijing-Tianjin-Hebei area, utilizing a differentiated competition model[20]. - The company plans to integrate resources with potential partners to maximize operational efficiency through scale[20]. - The company is committed to integrating into national development strategies and aims to become a nationally recognized urban service provider[4]. Financial Position and Assets - Total current assets as of June 30, 2022, were approximately RMB 1,633.4 million, a growth of about 4.6% from RMB 1,561.5 million as of December 31, 2021[61]. - The company's total equity as of June 30, 2022, was approximately RMB 741.3 million, an increase of about 5.3% from RMB 704.2 million as of December 31, 2021[61]. - As of June 30, 2022, the company's prepaid expenses, accounts receivable, and other receivables amounted to approximately RMB 595.3 million, an increase of about RMB 132.8 million from RMB 462.5 million as of December 31, 2021, primarily due to an increase in managed area[64]. - The company's total liabilities were RMB 1,093,403 thousand, compared to RMB 1,025,781 thousand, indicating an increase of 6.6%[122]. - The company's cash and cash equivalents stood at RMB 1,023,699 thousand, down from RMB 1,087,296 thousand, a decrease of 5.9%[122]. Revenue Breakdown - Community value-added services revenue was approximately RMB 143.0 million, representing a growth of about 11.5% year-on-year, driven by the expansion of management scale and user growth[46]. - Heating service revenue was approximately RMB 75.6 million, accounting for 52.9% of community value-added services[47]. - Parking operation service revenue was approximately RMB 21.9 million, accounting for 15.3% of community value-added services[47]. - Catering service revenue was approximately RMB 32.6 million, accounting for 22.8% of community value-added services[50]. - Non-owner value-added services generated revenue of approximately RMB 81.6 million, a year-on-year increase of approximately 20.9%, primarily due to growth in tenant recruitment and management services[37]. Employee and Administrative Costs - Administrative expenses totaled approximately RMB 88.4 million, an increase of about 10.2% compared to RMB 80.2 million in the same period of 2021[57]. - Employee costs rose to RMB 209,095,000 in the first half of 2022, up from RMB 201,965,000 in the same period of 2021, reflecting an increase of about 3.5%[157]. - The company had 2,138 employees as of June 30, 2022, an increase from 2,051 employees as of December 31, 2021[82]. Shareholder Information - As of June 30, 2022, the total number of shares issued by the company is 146,667,200, consisting of 110,000,000 domestic shares and 36,667,200 H shares[100]. - Beijing Urban Construction Group holds a beneficial interest of 35.25% in domestic shares and 63.61% in related shares, totaling 38,779,865 and 69,973,674 shares respectively[91]. - The company’s major shareholders include Beijing Urban Construction Group, which directly holds 41.86% of the shares in Beijing Urban Construction Development[95]. Acquisitions and Investments - The company completed the acquisition of 60% equity in Zhuolian Property for RMB 7.8 million on April 29, 2022, which has been incorporated into the group's consolidated financial statements[72]. - The company established a joint venture, Jiaye Tourism (Hainan) City Service Co., Ltd., with registered capital of RMB 10 million, where the company holds 51% equity by contributing RMB 5.1 million[72]. - The cash outflow from the acquisition of Zhuolian Property, after accounting for cash acquired, was RMB 2,168,000[188]. Market Position and Industry Ranking - The company ranked 21st among the top 100 property service companies in China in 2022, improving by three positions from 2021[18]. - The revenue from Beijing Urban Construction Group and its subsidiaries accounted for 20.5% of total revenue, up from 18.1% in the previous year[152].