Financial Performance - The group's operating revenue for the year ended December 31, 2023, was approximately RMB 12,486.5 million, representing a year-on-year growth of about 5.7%[2] - The group's gross profit was approximately RMB 3,108.4 million, with a gross margin of about 24.9%, an increase of approximately 1.9 percentage points year-on-year[2] - The net profit for the group was approximately RMB 1,563.8 million, reflecting a year-on-year increase of about 5.8%, with a net margin of approximately 12.5%[2] - Total revenue for the year ended December 31, 2023, was RMB 12,486,544,000, an increase from RMB 11,809,176,000 in 2022, representing a growth of approximately 5.7%[15] - Revenue from third-party clients was RMB 12,372,832,000 for the year ended December 31, 2023, compared to RMB 11,668,653,000 in 2022[16] - The company reported a profit attributable to owners of RMB 1,541,199,000 in 2023, representing an increase of 8.3% compared to RMB 1,422,679,000 in 2022[31] - Basic and diluted earnings per share for 2023 were RMB 0.14, compared to RMB 0.13 in 2022, reflecting a 7.7% increase[31] - The company's net profit for the year was approximately RMB 1,563.8 million, representing a growth of about 5.8% compared to RMB 1,478.6 million in 2022, with a net profit margin of approximately 12.5%[66] Assets and Liabilities - The group's total assets as of December 31, 2023, amounted to approximately RMB 8,246.4 million, compared to RMB 7,147.8 million as of December 31, 2022[4] - The total liabilities of the group as of December 31, 2023, were approximately RMB 8,227.2 million, down from RMB 8,660.5 million as of December 31, 2022[5] - As of December 31, 2023, the group's net current liabilities were approximately RMB 1,907,269,000, compared to RMB 3,321,357,000 as of December 31, 2022[9] - The group's net assets were approximately RMB 19,211,000 as of December 31, 2023, compared to RMB 1,512,765,000 as of December 31, 2022[9] - Contract liabilities as of December 31, 2023, amounted to RMB 2,649,350,000, a slight decrease from RMB 2,688,029,000 in 2022[21] - The company's trade receivables increased to RMB 3,046,591,000 in 2023 from RMB 2,739,020,000 in 2022, representing an increase of approximately 11.2%[32] - The company's accounts payable decreased to RMB 4,115,560,000 in 2023 from RMB 4,925,270,000 in 2022, reflecting a decrease of approximately 16.4%[36] Revenue by Segment - The total revenue for property management services in 2023 reached RMB 10,318,518,000, an increase of 8.3% from RMB 9,528,653,000 in 2022[19] - Community living services revenue grew to RMB 809,252,000 in 2023, up 29.6% from RMB 624,159,000 in 2022[19] - The asset management services segment steadily progressed, achieving revenue of approximately RMB 740.4 million, reflecting a year-on-year growth of about 4.6%[48] - Community operation service revenue decreased by approximately 34.8% to RMB 618.4 million, primarily due to reduced demand for advertising placements and venue rentals in the market[74] Operational Measures and Strategies - The group has implemented cost control measures to improve its operational and financial condition[9] - The company aims to enhance service quality through continuous improvement and innovation, focusing on customer satisfaction and operational efficiency[50] - The company is committed to developing a "Golden Beauty Home" service system, enhancing property services through community group purchases and home services[50] - The company is focusing on market expansion by leveraging its "Golden Beauty" brand and collaborating with three independent brand companies to enhance brand influence[51] - The company is exploring the integration of "Party Building + Property Management" to enhance community governance and service delivery[52] - The company acknowledges external pressures and risks, emphasizing the need for continuous improvement in service quality and operational efficiency[53] Employee and Management - The total employee cost for the year was approximately RMB 5,627.7 million, with a workforce of 91,482 employees as of December 31, 2023[95] - The group implemented a training program with a total training time of 1.375 million hours, averaging 15.0 hours per employee[96] - The total remuneration for key management personnel increased from RMB 2,088 thousand in 2022 to RMB 2,666 thousand in 2023, reflecting a growth of approximately 28.0%[42] Governance and Compliance - The board of directors did not recommend the payment of any final dividend for the year ended December 31, 2023[2] - The company has adopted the Corporate Governance Code and has complied with all applicable provisions for the year ended December 31, 2023[101] - An audit committee has been established, consisting of three independent non-executive directors, to review financial reporting and risk management[103] - The financial statements for the year ended December 31, 2023, have been reviewed by the audit committee and are consistent with the audited consolidated financial statements[104]
恒大物业(06666) - 2023 - 年度业绩