建发国际集团(01908) - 2021 - 中期财报

Financial Performance - Revenue for the six months ended June 30, 2021, was RMB 8,396,275 thousand, an increase from RMB 7,346,373 thousand in the same period last year, representing a growth of approximately 14.3%[7] - Gross profit for the same period was RMB 1,049,902 thousand, compared to RMB 523,813 thousand in the previous year, indicating a significant increase of approximately 100.5%[7] - Profit before tax from continuing operations was RMB 377,133 thousand, up from RMB 108,053 thousand year-on-year, reflecting a growth of approximately 249.5%[7] - Net profit attributable to equity holders of the company was RMB 303,188 thousand, compared to RMB 151,105 thousand in the prior year, marking an increase of approximately 100.7%[8] - Basic earnings per share for the period was RMB 25.64, significantly higher than RMB 5.80 in the same period last year, representing an increase of approximately 341.4%[8] - Total comprehensive income for the period was RMB 349,425 thousand, compared to RMB 72,343 thousand in the previous year, indicating a growth of approximately 384.5%[8] Assets and Liabilities - Total assets increased to RMB 285,159,105 thousand as of June 30, 2021, compared to RMB 183,423,554 thousand as of December 31, 2020, representing a growth of 55.5%[9] - Net current assets rose to RMB 102,511,022 thousand, up from RMB 76,405,054 thousand, indicating an increase of 34.2%[10] - The total debt increased to RMB 234,340,121 thousand, compared to RMB 146,071,985 thousand, reflecting a significant rise of 60.4%[10] - The equity attributable to owners of the parent company reached RMB 50,818,984 thousand, up from RMB 37,351,569 thousand, marking a growth of 36.2%[10] - The company's total liabilities increased by 60.4% to RMB 234,340,121 thousand, indicating a substantial rise in financial obligations[10] Cash Flow and Financing - Cash and cash equivalents increased to RMB 33,696,145 thousand from RMB 27,992,866 thousand, a rise of 20.1%[9] - Net cash used in operating activities was RMB (20,876,742) thousand, compared to RMB (12,303,934) thousand in the same period last year[15] - Net cash generated from financing activities reached RMB 29,433,993 thousand, significantly up from RMB 8,101,361 thousand year-on-year[15] - The company’s total liabilities included RMB 9,500,000 thousand in perpetual loans, indicating a strategic move to enhance capital structure[13] Market and Strategic Outlook - The company is focusing on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[12] - Future outlook remains positive with strategic plans for market expansion and potential acquisitions to drive growth[12] - The company is actively pursuing mergers and acquisitions to strengthen its market position and expand its portfolio[114] Real Estate Development - The group's revenue from property sales reached RMB 8,216,069,000, a significant increase from RMB 2,377,133,000 in the previous year, representing a growth of approximately 245%[23] - The total area of properties delivered was approximately 516,000 square meters, an increase of about 365,000 square meters year-on-year[96] - The total contracted sales amount reached approximately RMB 91.709 billion, an increase of about RMB 65.951 billion (approximately 71.7%) compared to the same period last year[102] Employee and Corporate Governance - The company employed a total of 1,997 full-time employees as of June 30, 2021, compared to 966 full-time employees as of December 31, 2020[160] - The total employee costs for the company were approximately RMB 518 million, an increase from RMB 262 million in the same period last year[160] - The company has maintained high standards of corporate governance and adhered to all provisions of the corporate governance code during the period[184] Shareholder Information - The company declared an interim dividend of HKD 1.1 per share for the first half of 2021, amounting to RMB 1,182,258,000, compared to no dividend declared for the same period in 2020[48] - Key shareholders include Mr. Zhuang Yuekai and Ms. Zhao Chengmin, each holding approximately 4.73% of the issued shares[171] - Major shareholder Yinan holds 761,952,106 shares, representing 59.67% of the total[177]