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嘉创地产(02421) - 2023 - 年度财报
2023-07-27 09:40
Financial Performance - Revenue for the fiscal year 2022/23 was RMB 701 million, a decrease of 9.7% from RMB 776 million in 2021/22[19] - Net profit for the fiscal year 2022/23 was RMB 181 million, down 26% from RMB 244 million in the previous year[19] - Basic earnings per share decreased to RMB 35.8 cents from RMB 48.2 cents year-on-year[19] - The final proposed dividend for the fiscal year 2022/23 is 4.0 HK cents per share, with no dividend declared in the previous year[19] - For the year ended 31 March 2023, the Group's revenue was RMB 700,751,000, a decrease of approximately 10% compared to RMB 775,555,000 for the year ended 31 March 2022[33] - Profit attributable to equity shareholders was RMB 180,846,000, compared to RMB 243,660,000 for the year ended 31 March 2022[33] - The gross profit margin for the year was 74%, down from 76% in the previous year[33] Assets and Market Capitalization - Total assets as of 31 March 2023 were RMB 1,975 million, compared to RMB 2,201 million as of 31 March 2022[24] - The market capitalization as of 31 March 2023 was HK$ 707.5 million, which decreased to HK$ 576.1 million by 30 June 2023[14] - The company’s share price closed at HK$ 1.40 on 31 March 2023, dropping to HK$ 1.14 by 30 June 2023[14] Strategic Initiatives and Future Outlook - The company is focusing on market expansion and new product development as part of its strategic initiatives[19] - Future outlook includes a commitment to improving operational efficiency and exploring potential mergers and acquisitions[19] - The Group expects the real estate market to recover due to government support measures and the relaxation of property market control policies[36] - The Group aims to actively seek partners that align with its strategic needs to enhance asset value and stimulate economic prosperity in the development region[64] Operational Efficiency and Development - The Group is enhancing its operational efficiency by monitoring development progress and costs across various phases of project management[39] - The Group is focusing on developing high-quality properties that meet diverse market demands, including the "Villas" and "Mansion" series[39] - The Group is increasing investment in urban planning and building design to align with local government policies for urban renewal[41] - The Group recorded a net cash inflow from operations and fully settled its bank borrowings during the year, enhancing its risk tolerance and boosting investor confidence[44] Project Performance - Phase 3 of Castfast Villas, Dongguan, generated revenue of RMB14,758,000 from 5 units delivered, with an average selling price of approximately RMB26,100 per sq.m.[44] - Phase 4 of Castfast Villas, Dongguan, delivered 71 units and recorded revenue of RMB198,248,000, with an average selling price of approximately RMB29,600 per sq.m.[44] - Phase 5 of Castfast Villas, Dongguan, delivered 121 units and recorded revenue of RMB472,102,000, with an average selling price of approximately RMB31,600 per sq.m.[47] - Louvre Mansion, Huizhou, completed with a total saleable area of approximately 30,300 sq.m., recorded revenue of RMB15,643,000 from 26 units delivered, with an average selling price of approximately RMB7,100 per sq.m.[47] - The Group plans to focus on the sales of Phases 4 and 5 of Castfast Villas, Dongguan, while maintaining a strong financial position and prudent financial management[59] Governance and Board Structure - As of March 31, 2023, the Board consisted of eight Directors, including four executive Directors, one non-executive Director, and three independent non-executive Directors[98] - The Board is committed to enhancing Shareholders' value and providing superior products and services, with collective responsibility for the Group's overall strategy and performance[102] - The Company has adopted an independent nomination policy to ensure transparency in the appointment and re-election of directors[112] - The Board established an audit committee, a nomination committee, and a remuneration committee to enhance its effectiveness and encourage active participation[104] - The Board reviewed its structure, size, and composition during the Year and found it well balanced and diversified[109] Risk Management - The Group's Enterprise Risk Management (ERM) framework helps identify potential events affecting the enterprise and manage associated risks and opportunities[180] - The Group faces operational risks including product supply disruptions and inefficient resource use, which could increase material costs[178] - Financial risks include currency exchange fluctuations and potential financial misstatements impacting the Group's financial reporting[178] - The company emphasizes the importance of effective risk management to maintain compliance with laws and regulations and ensure quality products[185] - The risk management framework is designed to support value creation by enabling management to respond effectively to future uncertainties[185]
嘉创地产(02421) - 2023 - 年度业绩
2023-06-21 13:58
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佈的內容概不負責,對其準確 性或完整性亦不發表任何聲明,並明確表示不會就因本公佈全部或任何部分內容而產生或因 依賴該等內容而引致的任何損失承擔任何責任。 KRP Development Holdings Limited 嘉創房地產控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號:2421) 截至二零二三年三月三十一日止年度業績公佈 財務概要 二零二三年 二零二二年 百分比變動 收入(人民幣千元) 700,751 775,555 -10% 本公司權益持有人應佔溢利 (人民幣千元) 180,846 243,660 -26% 每股基本盈利(人民幣分) 35.8 48.2 -26% 每股末期股息(港仙) 4.0 不適用 不適用 ...