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融信中国(03301) - 2024 - 中期业绩
2024-08-30 12:05
Financial Performance - Total revenue reached approximately RMB 14,202.47 million, an increase of about 6.55% compared to the six months ended June 30, 2023[1] - Gross profit was approximately RMB 2,912.26 million, turning from a gross loss of RMB 74.42 million in the previous period[1] - Profit for the period was approximately RMB 79.98 million, compared to a loss of RMB 2,446.81 million for the six months ended June 30, 2023[1] - Operating profit was RMB 2,360.10 million, compared to an operating loss of RMB 688.83 million in the previous period[2] - The group reported a net profit margin of 0.56%, recovering from a net loss margin of 18.51% in the previous year[44] - The company reported a loss attributable to owners of RMB 1,930,740 thousand for the six months ended June 30, 2024, compared to a loss of RMB 1,992,410 thousand for the same period in 2023, representing a decrease of approximately 3.1%[27] - The basic loss per share for the six months ended June 30, 2024, was RMB (1.15), slightly improved from RMB (1.18) for the same period in 2023[27] Sales and Revenue - Contract sales amounted to approximately RMB 3,361.84 million, a decrease of about 65.66% compared to the six months ended June 30, 2023[1] - Property sales revenue recognized at a point in time amounted to RMB 13,961,843 thousand, compared to RMB 13,038,417 thousand in the previous year, reflecting an increase of about 7.1%[18] - The average contract sales price per square meter decreased by 17.48% to RMB 11,860 from RMB 14,372[44] - Rental income increased by approximately 30.06% from RMB 185.02 million to RMB 240.63 million[53] - The group's revenue increased by approximately 6.55% from RMB 13,329.12 million for the six months ended June 30, 2023, to RMB 14,202.47 million for the six months ended June 30, 2024[53] Financial Position - Total assets were RMB 133,350.19 million as of June 30, 2024, down from RMB 147,311.68 million as of December 31, 2023[6] - Total liabilities decreased from RMB 124,523.65 million to RMB 111,479.75 million[6] - The debt ratio increased from 1.52 as of December 31, 2023, to 1.58 as of June 30, 2024, an increase of approximately 4.03%[1] - The group has approximately RMB 14,887.75 million in financial assets and liabilities denominated in currencies other than RMB, primarily in USD and HKD[72] Cash Flow and Liquidity - As of June 30, 2024, the group recorded net current assets of RMB 9,373 million and short-term borrowings of RMB 30,752 million, with cash and bank balances (excluding restricted cash and time deposits) amounting to RMB 2,588 million[9] - The company is actively negotiating with multiple financial institutions to restructure certain borrowings and seeking new financing sources[12] - The group is closely monitoring its liquidity situation and will announce any developments regarding capital structure solutions or significant business updates[64] Market Conditions and Risks - The ongoing volatility in the Chinese real estate market and uncertainty regarding continued support from banks and creditors pose significant risks to the company's future plans[12] - The group’s financial condition has been significantly impacted by the deteriorating operating environment in the real estate sector since the second half of 2021[9] - The total sales area of new commercial housing from January to June 2024 was 47,916 million square meters, a decrease of 19.0% year-on-year, with residential sales area down by 21.9%[37] Operational Strategy - The group plans to accelerate the pre-sale and sale of its developed and completed properties to improve cash flow and recover outstanding receivables[12] - The group aims to enhance operational efficiency and brand influence while focusing on quality projects in core cities[39] - The group plans to continue deepening its presence in the Yangtze River Delta and the West Coast of the Taiwan Strait, ensuring project commencement and delivery[41] Employee and Governance - As of June 30, 2024, the group employed a total of 611 full-time employees, a decrease from 973 full-time employees as of June 30, 2023[75] - The company emphasizes a systematic and specialized training program for employees to enhance work efficiency[75] - The audit committee, consisting of three independent non-executive directors, has reviewed the group's interim results for the six months ended June 30, 2024[80] - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange rules and has complied with all applicable provisions, except for the separation of the roles of Chairman and CEO[77]
融信中国(03301) - 2023 - 年度财报
2024-04-29 10:44
Financial Performance - The company achieved a total contracted sales amount of approximately RMB 16.4 billion, with a total construction area of about 1.08 million square meters and an average selling price of RMB 15,160 per square meter[12]. - The company's contract sales for the year ended December 31, 2023, amounted to approximately RMB 16,385.50 million, a decrease of 71.69% compared to RMB 57,872.96 million in 2022[28]. - Revenue for the year increased by 47.33% to RMB 44,285.27 million from RMB 30,059.29 million in the previous year[28]. - The average selling price of delivered properties decreased by 35.31% to RMB 15,030 per square meter from RMB 23,236 per square meter[28]. - The total assets decreased by 22.15% to RMB 147,311.68 million from RMB 189,232.35 million[28]. - The total liabilities decreased by 21.48% to RMB 124,523.65 million from RMB 158,597.83 million[28]. - The net loss for the year was RMB 6,847.25 million, a reduction of 44.96% compared to RMB 12,439.95 million in 2022[28]. - The company's equity attributable to owners decreased by 95.98% to RMB 248.53 million from RMB 6,186.96 million[28]. - The average cost of land reserves decreased to RMB 7,930 per square meter from RMB 8,022 per square meter in the previous year[37]. - The company's revenue increased by approximately 47.33% from RMB 30,059.29 million in 2022 to RMB 44,285.27 million in 2023[46]. - Property sales revenue rose by 49.07% from RMB 28,640.29 million in 2022 to RMB 42,695.26 million in 2023, with a total construction area delivered increasing by 116.47% to 2,840,529 square meters[47]. - The average selling price of properties increased to RMB 15,031 per square meter in 2023 from RMB 21,826 per square meter in 2022[48]. - The company's gross profit turned from a loss of approximately RMB 6,119.57 million in 2022 to a profit of approximately RMB 1,587.42 million in 2023, resulting in a gross profit margin of 3.58%[49]. Market Conditions - The overall sales of commercial housing in China for the year reached RMB 1,166.22 billion, a year-on-year decrease of 6.5%, with total construction area sold down by 8.5%[11]. - The real estate industry continued to face challenges, with government policies aimed at supporting the sector needing further clarification and implementation[14]. - The real estate market in 2024 is expected to be influenced by factors such as stagnant household income expectations, slowing urbanization, and an aging population, with a focus on bottoming out and consolidation in the short term[15]. - The Chinese government will continue to promote policies to revitalize the real estate sector, including the implementation of "three no less than" policies to support financial needs of real estate companies[15]. Company Strategy and Operations - The company has implemented various measures to ensure stable operations and enhance liquidity, including strengthening sales and collection efforts, diversifying financing channels, and negotiating extensions on existing debts[14]. - The company focuses on strategic regions such as the Yangtze River Delta and the Taiwan Strait West Coast to consolidate its competitive advantages[12]. - The company aims to maintain its vision of being a "quality real estate leader and a provider of beautiful living services" while focusing on innovation and creating greater value for shareholders and investors[17]. - The company is actively expanding its market presence, with new projects launched in cities like Tianjin and Qingdao, enhancing its geographical footprint[24]. - The company plans to continue expanding its market presence and developing new projects in strategic locations[46]. Debt and Financial Management - The company reported a balance of interest-bearing borrowings of RMB 40.829 billion as of December 31, 2023, and has actively managed its debt and maintained transparency with the market[14]. - The company's current ratio decreased to 1.13 times as of December 31, 2023, down from 1.25 times as of December 31, 2022, primarily due to a reduction in development properties included in current assets[68]. - The debt-to-equity ratio increased to 1.52 as of December 31, 2023, compared to 1.07 as of December 31, 2022, mainly due to a decrease in total assets[69]. - The total amount of guarantees provided by the company for outstanding loans was approximately RMB 20,806.15 million as of December 31, 2023, down from RMB 24,879.64 million as of December 31, 2022[67]. - The company faces significant uncertainty regarding its future debt repayment capabilities due to prolonged adverse conditions in the real estate market[65]. Project Development - As of December 31, 2023, the company had a total of 238 projects nationwide, with total land reserves of approximately 20.75 million square meters, of which 87% are located in first- and second-tier cities[12]. - The company completed the delivery of nearly 40,000 housing units during the year, covering multiple projects across the country[14]. - The estimated total construction area for the Fuzhou Rongxin Hot Spring City project is 1,674,327.62 square meters, with a saleable area of 1,091,517.29 square meters[21]. - The company has a remaining unsold area of approximately 1,200,000 square meters across various projects, indicating significant potential for future sales[22]. - The total land area of major properties held by the company is approximately 2,500,000 square meters, with a total estimated construction area of around 4,000,000 square meters[22]. Corporate Governance - The company aims to achieve high standards of corporate governance to protect shareholder rights and enhance corporate value and accountability[177]. - The board consists of executive directors, non-executive directors, and independent non-executive directors, ensuring a balance of power and authority[184]. - The company has adopted the corporate governance code and has complied with all applicable provisions, except for the separation of the roles of chairman and CEO[177]. - The board has established various committees to oversee significant decisions regarding financial performance and strategic development[182]. - The company emphasizes the importance of human capital and is committed to providing a safe and fair work environment for employees[101]. Stakeholder Relations - The company expresses gratitude to shareholders, customers, and partners for their ongoing support and trust[17]. - The company is committed to maintaining good relationships with customers and suppliers to ensure timely delivery and quality[36]. - The company has established procedures for handling customer complaints and conducting satisfaction surveys[36]. - The company has been focusing on developing long-term relationships with stakeholders, including employees, customers, and suppliers[101]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[80]. - New product launches are expected to contribute an additional 300 million in revenue in the upcoming year[81]. - The company is investing heavily in R&D, with a budget allocation of 200 million for new technology development[82]. - Market expansion plans include entering three new international markets by the end of 2024[83].
融信中国(03301) - 2023 - 年度业绩
2024-04-25 13:27
Financial Performance - Contract sales amounted to approximately RMB 16,385.50 million, a decrease of about 71.69% compared to last year[3] - Revenue reached approximately RMB 44,285.27 million, an increase of about 47.33% year-on-year[3] - Gross profit was approximately RMB 1,587.42 million, recovering from a gross loss of RMB 6,119.57 million last year[3] - The net loss for the year was approximately RMB 6,847.25 million, a reduction of about 44.96% from last year's loss of RMB 12,439.95 million[3] - Loss attributable to the company's owners was approximately RMB 5,919.67 million, down about 47.31% from RMB 11,234.84 million last year[3] - The total comprehensive loss for the year was RMB 6,847.25 million, compared to RMB 12,439.95 million last year[5] - The company reported a net loss per share of RMB 6.67, compared to RMB 3.52 last year[4] - The basic loss per share for the year ended December 31, 2023, was RMB (3.52), an improvement from RMB (6.67) in 2022, indicating a reduction in losses per share[32] Debt and Liabilities - The debt-to-equity ratio increased from 1.07 as of December 31, 2022, to 1.52 as of December 31, 2023[3] - The company has outstanding borrowings totaling RMB 22,026,857,000 that are in default as of December 31, 2023[16] - Total liabilities decreased from RMB 158,597,833,000 in 2022 to RMB 124,523,650,000 in 2023, a reduction of about 21.5%[8] - The company recorded a significant decrease in equity from RMB 30,634,519,000 in 2022 to RMB 22,788,027,000 in 2023, a decline of approximately 25.6%[8] - The company faces significant uncertainty regarding its future ability to meet debt obligations due to prolonged adverse conditions in the real estate market[13] - The company has not made payments on certain notes totaling RMB 15,850,374,330, leading to defaults[14] - The company has failed to repay approximately RMB 18,249.2 million of borrowings by their due dates as of December 31, 2023[118] Assets and Cash Flow - Total assets decreased from RMB 189,232,352,000 in 2022 to RMB 147,311,677,000 in 2023, a decline of about 22.1%[8] - Current liabilities totaled RMB 110,851,163,000, down from RMB 134,686,816,000 in the previous year[8] - Cash and cash equivalents, excluding restricted cash, amounted to RMB 3,545,120,000[12] - The total current assets decreased by approximately 25.82% from RMB 168,757.10 million as of December 31, 2022, to RMB 125,189.87 million as of December 31, 2023[82] - Cash and bank balances decreased from approximately RMB 9,543.94 million as of December 31, 2022, to approximately RMB 6,217.73 million as of December 31, 2023[83] Operational Strategies - The company aims to improve operational efficiency and reduce costs in the upcoming fiscal year[3] - Future strategies include exploring new market expansions and potential mergers and acquisitions to enhance growth prospects[3] - The company has developed plans and measures to alleviate cash flow pressure and improve its financial situation, ensuring sufficient operating funds for the next 12 months starting from December 31, 2023[17] - The management acknowledges significant uncertainty regarding the realization of these plans due to volatility in the Chinese real estate market and ongoing support from banks and creditors[18] - The group is actively negotiating with multiple financial institutions for new financing sources and engaging with creditors to explore various feasible solutions[18] - The company will continue to implement measures to control administrative costs and unnecessary capital expenditures to maintain liquidity[18] Market Conditions - Recent policy relaxations regarding pre-sale regulations have stimulated buyer interest and demand, prompting the company to accelerate the pre-sale and sale of its developed properties[18] - The real estate market is expected to face challenges in 2024 due to stagnant income expectations, slower urbanization, and an aging population, with a focus on bottoming out and consolidation in the short term[48] - The government is expected to continue supporting the real estate sector, with policies aimed at stabilizing housing demand and promoting new development models[48] Project and Land Management - As of December 31, 2023, the group owned a total of 238 projects nationwide, with total land reserves of approximately 20.75 million square meters, of which 87% are located in first and second-tier cities[44] - The company did not acquire any new land parcels during the year, focusing instead on optimizing existing land reserves[56] - The company is committed to maintaining a robust land bank to support future sales and operational strategies[56] - The management emphasizes the importance of land quality in driving sales performance and sustaining cash flow[56] Revenue Sources - The company's revenue increased by approximately 47.33%, from RMB 30,059.29 million for the year ended December 31, 2022, to about RMB 44,285.27 million for the year ending December 31, 2023[68] - Revenue primarily derived from property sales in China, construction services agreements with local governments, and rental income from investment properties[68] - The total revenue from construction services, hotel operations, and other income for the year ended December 31, 2023, was RMB 1,410,008, compared to RMB 1,243,279 in 2022, reflecting an increase of approximately 13.4%[24] Employee and Operational Costs - The total employee cost for the group was approximately RMB 201.33 million for the year ended December 31, 2023, down from RMB 293.17 million for the year ended December 31, 2022[100] - The group employed a total of 814 full-time employees as of December 31, 2023, a decrease from 1,215 full-time employees as of December 31, 2022[100] - Selling and marketing costs decreased by approximately 40.6% to RMB 577.15 million for the year ended December 31, 2023, down from RMB 971.65 million[73] - Administrative expenses reduced by approximately 33.63% to RMB 670.05 million for the year ended December 31, 2023, compared to RMB 1,009.60 million[73] Future Outlook - The company aims to deepen its presence in the Yangtze River Delta and the Taiwan Strait West Coast regions, focusing on product and service quality to address market opportunities and challenges[48] - The company is focusing on new product development and technology advancements to enhance its market competitiveness[68] - The company is committed to maintaining quality delivery and improving living environments as part of its vision for 2024[49] Corporate Governance - The company did not recommend the payment of a final dividend for the year ended December 31, 2023, consistent with the previous year[34] - The company will hold its annual general meeting on June 13, 2024[104] - The audit committee has reviewed the annual results for the year ended December 31, 2023[116] - The independent auditor's report confirmed that the consolidated financial statements present a true and fair view of the group's financial position as of December 31, 2023[117] - The company plans to propose the reappointment of its auditor at the upcoming annual general meeting[120] - The company will publish its annual report for the year ending December 31, 2023, in due course to shareholders[121]
融信中国(03301) - 2023 - 中期财报
2023-09-28 09:18
Financial Performance - Revenue for the six months ended June 30, 2023, was RMB 13,329,117, a decrease of 6.47% compared to RMB 14,251,647 in 2022[7]. - Gross loss for the period was RMB 74,417, compared to a gross profit of RMB 203,106 in the same period last year, representing a decline of 136.64%[7]. - Loss before tax decreased by 51.22% to RMB 2,053,918 from RMB 4,210,928 in 2022[7]. - The company reported a net loss of RMB 2,466,807 for the period, a reduction of 46.03% compared to RMB 4,570,465 in 2022[7]. - The company recorded a gross loss of RMB 74,417 thousand, compared to a gross profit of RMB 203,106 thousand in the previous year, indicating a significant decline in profitability[95]. - The net loss attributable to the company's owners was RMB 1,992,410 thousand, compared to RMB 4,429,232 thousand in the prior year, reflecting a reduction in losses[96]. - The company reported a loss of RMB 1,992,410 thousand for the six months ended June 30, 2023, compared to a loss of RMB 4,429,232 thousand for the same period in 2022[99][100]. Assets and Liabilities - Total assets as of June 30, 2023, were RMB 176,287,543, down 6.84% from RMB 189,232,352 at the end of 2022[7]. - Total liabilities decreased by 6.21% to RMB 148,750,363 from RMB 158,597,833[7]. - Total equity decreased by 10.11% to RMB 27,537,180 from RMB 30,634,519[7]. - The company's equity attributable to owners decreased from RMB 6,186,962 thousand to RMB 4,198,079 thousand, a decline of approximately 32.1%[99]. - The company's borrowings increased significantly from RMB 19,785,112 thousand to RMB 32,161,017 thousand, an increase of approximately 62.5%[98]. - The group's total borrowings amounted to RMB 44.66 billion, with RMB 33.65 billion due within one year[120]. Project Development - The company had 239 property development projects under its subsidiaries, joint ventures, and associates as of June 30, 2023[9]. - The total estimated gross floor area for the projects listed is approximately 8,000,000 square meters, with a remaining unsold area of about 4,000,000 square meters[10]. - The company is actively expanding its project portfolio across various cities, including Fuzhou, Zhengzhou, and Suzhou, to enhance market reach and revenue potential[12]. - The company is focusing on residential properties, with all listed projects categorized under this type, reflecting a strategic alignment with market demand[15]. - The company is actively managing its project pipeline to optimize future sales and revenue generation[34]. Sales and Revenue - In the first half of 2023, the company's contracted sales amounted to approximately RMB 9.88 billion, a decrease of 74.73% compared to RMB 38.74 billion in the same period of 2022[21]. - The average contracted selling price per square meter was approximately RMB 14,372, representing a decline of 35.70% from RMB 22,353[21]. - Property sales revenue amounted to approximately RMB 13,038 million, down 0.49% from RMB 13,102.80 million in the previous year[44]. - The total area delivered decreased by approximately 15.88%, from 908,040 square meters to 763,879 square meters[43]. - Construction service revenue dropped significantly by 80.86%, from approximately RMB 552.12 million to RMB 105.68 million[43]. Cost Management - The company reported a significant decrease in sales costs, which fell by approximately 4.59% to RMB 13,403.53 million from RMB 14,048.54 million in the previous year[44]. - Sales and marketing costs decreased by approximately 51.89% from RMB 732.91 million to RMB 352.61 million for the six months ended June 30, 2023[48]. - Administrative expenses decreased by approximately 52.03% from RMB 751.47 million to RMB 360.49 million for the six months ended June 30, 2023[49]. Financing and Debt - As of June 30, 2023, the company's interest-bearing debt stood at approximately RMB 42 billion, with total liabilities decreasing by 6.21% to RMB 148.75 billion[18][21]. - The debt-to-equity ratio increased to 1.23 as of June 30, 2023, compared to 1.07 as of December 31, 2022, mainly due to a decrease in total equity and cash balances[65]. - The group has maintained a cash and bank balance to ensure sufficient liquidity, supported by pre-sale proceeds and available financing[118]. Market Conditions and Outlook - The government is expected to continue supporting the real estate market, which may boost market confidence and accelerate recovery in the industry[20]. - The group faces significant uncertainty regarding the realization of its plans due to the volatility of the Chinese real estate industry[111]. - The group aims to maintain optimal capital structure to lower funding costs while ensuring returns to shareholders and benefits to other stakeholders[123]. Employee and Management - The group employed a total of 973 full-time employees as of June 30, 2023, down from 1,786 employees a year earlier, with employee costs recognized for the six months amounting to approximately RMB 124.40 million[70]. - The total compensation for key management decreased to RMB 7,322 thousand in the first half of 2023 from RMB 12,898 thousand in the same period of 2022, representing a decline of approximately 43%[189]. Related Party Transactions - The company continues to engage in significant related party transactions with various joint ventures, indicating ongoing strategic partnerships in the real estate sector[185]. - The total amount of receivables from related parties was RMB 5,411,956 thousand as of June 30, 2023, down from RMB 8,340,903 thousand as of December 31, 2022, a decrease of approximately 35%[194].
融信中国(03301) - 2023 - 中期业绩
2023-08-31 11:42
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,概不對因本公告 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。 Ronshine China Holdings Limited 融 信 中 國 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:3301) 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 中 期 業 績 公 告 及 執 行 董 事 退 任 及 首 席 財 務 官 變 更 財務摘要 (cid:129) 合約銷售額達約人民幣9,788.85百萬元,較截至二零二二年六月三十日 止六個月減少約74.73%。 (cid:129) 總收益達約人民幣13,329.12百萬元,較截至二零二二年六月三十日止六 個月減少約6.47%。 (cid:129) 毛虧達約人民幣74.42百萬元,較截至二零二二年六月三十日止六個月 的毛利約人民幣203.11百萬元轉盈為虧。 (cid:129) 期內虧損達約人民幣2,446.81百萬元,截至二零二二年六月三十日止六 個月則錄得期內虧損約人民幣4 ...
融信中国(03301) - 2022 - 年度财报
2023-04-28 09:36
Economic Performance - In 2022, the total sales of commercial housing in China reached RMB 1,333.08 billion, a year-on-year decrease of 26.7%[13] - The sales area of commercial housing was 1,358.37 million square meters, down 24.3% year-on-year[13] - China's GDP grew by 3.0% in 2022, reflecting effective coordination of pandemic control and economic development[11] - The outlook for 2023 indicates a moderate recovery in the Chinese economy, supported by loose stimulus policies, despite ongoing global economic challenges[17] Company Financials - The company achieved a total contract sales amount of approximately RMB 57.9 billion in 2022, with a contract area of about 2.51 million square meters and an average selling price of RMB 23,061 per square meter[14] - The company reported a net loss of approximately RMB 12.44 billion for the year, compared to a profit of RMB 1.73 billion in 2021, representing a decline of 820.43%[31] - The total assets of the company decreased by 13.45% to RMB 189.23 billion in 2022 from RMB 245.44 billion in 2021[31] - The total liabilities of the company decreased by 10.37% to RMB 158.60 billion in 2022 from RMB 193.16 billion in 2021[31] - The company's land reserve totaled approximately 24.9 million square meters as of December 31, 2022, with an average cost per square meter decreasing to RMB 8,022 from RMB 8,202 in 2021[36] - The company reported a loss attributable to owners of the company of approximately RMB 11,234.84 million for the year ended December 31, 2022, compared to a profit of RMB 1,295.05 million in 2021[61] Debt Management - The company's interest-bearing debt stood at approximately RMB 42.4 billion as of December 31, 2022, reflecting a proactive debt management strategy[15] - The group faced significant operational pressure due to changes in the real estate industry environment and COVID-19 outbreaks, leading to delays in cash realization from property sales[68] - The group has taken multiple measures to alleviate liquidity pressure and improve its financial condition amid ongoing uncertainties regarding debt repayment capabilities[69] - The current ratio as of December 31, 2022, was 1.25, down from 1.39 as of December 31, 2021, primarily due to a decrease in development properties and completed properties held for sale[75] Market Strategy - The company is actively implementing strategies to stimulate market confidence, including reducing down payment ratios and mortgage rates[11] - The company aims to expand its market presence through various financing measures to support quality real estate enterprises[11] - The company plans to continue focusing on the Yangtze River Delta and the West Coast of the Taiwan Strait, enhancing its competitive advantages in these regions[18] - The company is expanding its market presence with multiple projects across various cities, including Fuzhou, Lanzhou, and Zhengzhou, indicating a strategic focus on residential properties[24] Project Development - As of December 31, 2022, the company had a total land reserve of approximately 24.92 million square meters across 242 projects, with 83% located in first- and second-tier cities[14] - The company is actively pursuing new developments, with several projects scheduled for completion in 2024, indicating a long-term growth strategy[26] - The company has a diverse portfolio of residential properties, with significant saleable areas across various projects, reflecting its strong market position[26] Governance and Management - The company has a strong governance structure with a diverse board of directors and various committees overseeing operations[2] - The management team is committed to ensuring independent judgment and oversight within the board[90] - The company has a focus on technology investment, as indicated by Mr. Ren Yunan's role as an independent non-executive director and chairman of the remuneration committee[90] - The board has confirmed the independence of all independent non-executive directors in accordance with the listing rules[123] Environmental and Social Responsibility - The company emphasizes its commitment to environmental, social, and governance (ESG) initiatives, receiving recognition for its corporate social responsibility efforts[16] - The group has complied with all necessary environmental impact assessments for its development projects as of December 31, 2022[179] - The group incurred compliance costs related to environmental regulations of RMB 0.81 million for the year ended December 31, 2022, compared to RMB 0.84 million for the previous year[179] Employee and Operational Management - The group employed a total of 1,215 full-time employees, a decrease from 2,449 full-time employees as of December 31, 2021[174] - Employee costs for the year ended December 31, 2022, amounted to approximately RMB 293.17 million, down from approximately RMB 883.49 million for the year ended December 31, 2021[174] - The group has established a systematic and specialized training program for employees to enhance work efficiency[174] Related Party Transactions - The independent auditor confirmed that the related party transactions were conducted in the ordinary course of business and on normal commercial terms[141] - The company anticipates continued procurement of property management services from related parties[140] - The total transaction amount under the 2020 property management agreement was RMB 147,785,000 for the year ended December 31, 2022[139]
融信中国(03301) - 2022 - 年度业绩
2023-03-31 14:16
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,概不對因本公告 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。 Ronshine China Holdings Limited 融 信 中 國 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) (股份代號:3301) 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 年 度 業 績 公 告 及 建 議 採 納 經 修 訂 及 重 列 組 織 章 程 大 綱 及 細 則 二零二二年財務摘要 (cid:129) 合約銷售額約達人民幣57,872.96百萬元,較去年減少約62.79%。 (cid:129) 收益約達人民幣30,059.30百萬元,較去年減少約9.69%。 (cid:129) 毛虧約達人民幣6,119.57百萬元,較去年的毛利轉盈為虧,去年為毛利約 人民幣3,628.24百萬元。 (cid:129) 年內虧損約達人民幣12,439.95百萬元,較去年的年內溢利轉盈為虧,去 年為溢利約人民幣1,726.73百萬元。 ...
融信中国(03301) - 2022 - 中期财报
2022-09-29 10:03
中國控股有限 ( 於開曼群島註冊成立的有限公司) 股份代號 : 3301 2022 中期報告 融心砥礪 穩以踐行 目錄 公司資料2 財務摘要4 業務回顧及展望5 管理層討論及分析 13 企業管治及其他資料 31 簡明合併收益表 39 簡明合併全面收益表 40 簡明合併資產負債表 41 簡明合併權益變動表 43 簡明合併現金流量表 45 簡明合併財務報表附註 47 融信中國控股有限公司 二零二二年中期報告 2 董事會 公司資料 核數師 | --- | --- | |--------------------------------------------|----------------------------------------| | | | | 執行董事 | 開元信德會計師事務所有限公司 | | 歐宗洪先生 (主席兼行政總裁) | 執業會計師及註冊公眾利益實體核數師 | | 余麗娟女士 | 香港九龍 | | 曾飛燕女士 | 尖沙咀 | | 吳建興先生(於二零二二年八月十五日獲委任) | 天文台道 8號10 樓 | | 阮友直先生(於二零二二年八月十五日辭任) | | | 張立新先生 (首席財務官) | 法 ...
融信中国(03301) - 2021 - 年度财报
2022-05-30 09:27
2021 年度報告 融 心 踐 信 篤 定 前 行 (於開曼群島註冊成立的有限公司) 股份代號: 3301 目錄 公司資料2 主要榮譽及獎項4 主席報告6 主要物業概要 11 管理層討論及分析 17 董事及高級管理層 41 董事會報告 46 企業管治報告 69 環境、社會及管治報告 84 獨立核數師報告 135 合併收益表 141 合併全面收益表 142 合併資產負債表 143 合併權益變動表 145 合併現金流量表 147 合併財務報表附註 149 五年財務概要 240 二零二一年年度報告 公司資料 | --- | --- | |--------------------------------------|----------------------------------------| | | | | 董事會 | 核數師 | | 執行董事 | 開元信德會計師事務所有限公司 | | | 執業會計師及註冊公眾利益實體核數師 | | 歐宗洪先生 | 香港九龍 | | (主席兼行政總裁) | 尖沙咀 | | 余麗娟女士 | 天文台道 8 號 10 樓 | | 曾飛燕女士 | | | 阮友直先生 張立新先生 (首席 ...
融信中国(03301) - 2021 - 中期财报
2021-09-29 08:32
CHINA HINE 中國控 HOLDINGS ( 於 開 曼 群島 註 冊 成 立 的 有 限 公 司) 股份代號 : 3301 2021中 期 報 告 8 融 心 聚 力 行 穩 致 遠 ใ 目錄 公司資料2 財務摘要4 業務回顧及展望5 管理層討論及分析 12 企業管治及其他資料 34 中期簡明合併收益表 42 中期簡明合併全面收益表 43 中期簡明合併資產負債表 44 中期簡明合併權益變動表 46 中期簡明合併現金流量表 48 中期簡明合併財務資料附註 50 融信中國控股有限公司 二零二一年中期報告 2 公司資料 | --- | --- | |-------------------------------|----------------------------------------| | | | | 董事會 | 核數師 | | 執行董事 | 羅兵咸永道會計師事務所 | | 歐宗洪先生 (主席兼行政總裁) | 執業會計師及註冊公眾利益實體核數師 | | 余麗娟女士 | 香港 | | 曾飛燕女士 | 中環 | | 阮友直先生 | 太子大廈22樓 | | 張立新先生 (首席財務官) | 法律顧問 | | ...