保利发展(600048) - 2024 Q2 - 季度业绩

Key Financial Data and Indicators Total operating revenue slightly increased by 1.64%, but profitability significantly declined, with operating profit down 27.73% and net profit attributable to shareholders decreasing 38.57% 2024 Semi-Annual Key Financial Data (Unit: 10,000 yuan) | Indicator | Current Period | Prior Year Period | Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 13,926,893.86 | 13,702,670.79 | 1.64% | | Operating Profit | 1,394,755.83 | 1,930,021.05 | -27.73% | | Total Profit | 1,409,715.93 | 1,975,915.85 | -28.66% | | Net Profit Attributable to Shareholders of Listed Company | 750,808.42 | 1,222,247.34 | -38.57% | | Net Profit Attributable to Parent Company Excluding Non-Recurring Items | 731,195.49 | 1,172,621.43 | -37.64% | | Basic Earnings Per Share (yuan) | 0.63 | 1.02 | -38.16% | | Weighted Average Return on Net Assets (%) | 3.74 | 6.10 | Decrease of 2.37 percentage points | | Total Assets | 139,063,586.21 | 143,691,179.03 (Beginning of Period) | -3.22% | | Total Equity Attributable to Shareholders of Listed Company | 20,033,565.90 | 19,854,309.69 (Beginning of Period) | 0.90% | Explanation of Operating Performance and Financial Position Revenue growth was offset by declining gross margins and reduced equity share in recognized projects, leading to a significant net profit decline - Total operating revenue increased slightly by 1.64% year-over-year, primarily due to the completion and recognition of real estate projects[5] - Profit decline is primarily attributed to two factors: - Decreased Gross Margin: Project gross margins declined due to market downturns and price pressures, resulting in a 27.73% year-over-year decrease in operating profit[5] - Reduced Equity Share: The company's equity share in projects recognized during the period decreased, leading to a 38.57% year-over-year reduction in net profit attributable to shareholders[5] Risk Warning The financial data in this performance express report are preliminary and unaudited, with final figures subject to the 2024 semi-annual report, potentially differing - The announcement emphasizes that the disclosed financial data are preliminary and unaudited, cautioning investors about potential discrepancies between these figures and the final semi-annual report[6] Reference Documents Comparative balance sheets and income statements signed by senior executives are included as reference documents - Reference documents include financial statements signed and sealed by the company's legal representative Liu Ping, General Manager Zhou Dongli, Head of Accounting Wang Yifu, and Head of Accounting Department Li Bo[7]