深圳控股(00604) - 2024 - 年度财报

Financial Performance - Revenue for the year ended December 31, 2024, was HK$15,567.46 million, a decrease of 1.67$15,832.13 million in 2023[16] - Gross profit decreased by 13.14% to HK$4,439.10 million, down from HK$5,110.69 million in the previous year[16] - Loss for the year attributable to owners of the Company was HK$1,822.58 million, a significant increase of 597.24$261.40 million in 2023[16] - Basic loss per share increased to HK$20.48, up 596.60$2.94 in 2023[16] - The gross profit margin for 2024 was 28.52%, down from 32.28% in 2023[18] - The Group achieved an annual revenue of HK$15.57 billion in 2024, with a gross profit of HK$4.44 billion, but recorded a loss attributable to equity shareholders of HK$1.82 billion due to various factors including inventory impairment and losses from associates[31][32] - The Group's selling and administrative expenses decreased by 20.6$420 million[45] - The Group's profit for the year ended December 31, 2024, is detailed in the Consolidated Statement of Profit or Loss[184] Assets and Liabilities - Net assets excluding non-controlling interests decreased by 8.95% to HK$38,549.96 million from HK$42,337.61 million in 2023[17] - Cash and bank deposits decreased by 18.30% to HK$11,799.54 million from HK$14,443.23 million in 2023[17] - The net debt to net assets ratio excluding non-controlling interests increased to 66.32% from 58.09% in 2023[18] - The gearing ratio, excluding advance receipts, stood at 68.3%, while the net debt ratio was 66.3%, indicating a healthy asset-liability structure[46] - As of December 31, 2024, the Group's total bank and other borrowings amounted to HK$37.37 billion, a decrease from HK$39.04 billion as of December 31, 2023[131] - The Group's cash balance, including restricted cash, was HK$11.80 billion as of December 31, 2024, down from HK$14.44 billion in the previous year[132] - The net gearing ratio increased to 66.3% as of December 31, 2024, compared to 58.1% in 2023[135] Property Development and Sales - Revenue from property development was HK$9,133.30 million, a decrease of 4.70$9,585.49 million in 2023[19] - Contracted property sales for the year amounted to nearly RMB16.97 billion (approximately HK$18.61 billion), representing a decrease of 36.2$9.13 billion from property development[34][35] - Property sales booked were approximately 404,000 square meters, a decrease of 2.6% year-on-year, with sales revenue of approximately RMB 8.33 billion (about HK$9.13 billion), down 4.7$28.2 billion as revenue in 2025[52] - The Group aims to enhance investment returns by expanding investments in first-tier cities and regions with strong industrial growth and positive net population inflows[56] - The Group plans to strengthen its core capabilities in commercial operations, including the operation of the first in-town duty-free store in Shenzhen, enhancing the shopping experience[63] - The Group will accelerate the establishment of a high-end international hotel group, with plans to open the Wuyishan Jingju Resort Hotel and improve hotel occupancy rates[64] - The Group plans to promote transformation and development through capital operations and pursue mergers and acquisitions for non-linear growth[74] Operational Efficiency and Innovation - The Group aims to enhance operational efficiency and customer experience through the integration of artificial intelligence in various business scenarios[70] - The Group's innovative business initiatives in modern agriculture and advanced manufacturing are accelerating, with significant achievements in both sectors[41] - The Group's advanced manufacturing subsidiary, Jinghua Company, was recognized as a national-level "Little Giants" enterprise and made significant technological advancements, including one invention patent and nine utility model patents granted[127][129] - The Group launched a drone delivery route starting from UpperHills, enhancing its competitive edge in the "park + business" consumption model[120][122] Market and Regulatory Environment - The Group's income from real estate sales in the Guangdong – Hong Kong – Macao Greater Bay Area market represents a higher proportion of total income, indicating potential vulnerability to market fluctuations in that region[196] - The Group's operations are subject to various PRC laws and regulations, with ongoing adjustments expected in real estate policies that may impact business strategies[197] - The Group emphasizes compliance with environmental laws and regulations in its operations, reflecting a commitment to legal adherence[193] - Key risk factors affecting the Group's businesses include uncertainties that may lead to divergence from expected results[187] Employee and Compensation - As of December 31, 2024, the group employed a total of 18,710 employees, with 17 based in Hong Kong and the remainder in mainland China[152] - Employee compensation and bonuses are determined based on individual performance, group profitability, industry compensation levels, and current market conditions[152] - The total remuneration for the year ended December 31, 2024, amounted to approximately HK$3.034 billion, excluding directors' remuneration[148]