NHPRECL(SH:600638)2014-05-20 16:00Financial Performance - In 2013, the company achieved a net profit attributable to shareholders of RMB 228,316,611.06, an increase of 9.76% compared to RMB 208,015,312.78 in 2012[6]. - The company's operating revenue for 2013 was RMB 828,801,848.72, representing a decrease of 19.83% from RMB 1,033,856,388.05 in 2012[25]. - The company achieved a total revenue of 830 million RMB and a net profit of 238 million RMB in 2013, resulting in basic earnings per share of 0.407 RMB, an increase of 9.70% compared to 2012[32]. - The company reported a weighted average return on equity of 6.84% for 2013, up from 6.66% in 2012[26]. - The company recorded a total of 65,087,953.60 RMB in non-recurring gains and losses for 2013, compared to 22,701,576.00 RMB in 2012[29]. - The company's total operating revenue for 2013 was approximately CNY 828.80 million, a decrease of 19.83% compared to the previous year[43]. - The company reported a decrease in customer deposits for futures trading, amounting to approximately CNY 222 million[38]. - The company's total revenue for the real estate sector was CNY 777,557,776.41, a decrease of 20.49% compared to the previous year[52]. - The company reported a net profit of CNY 228,316,611.06 in 2013, with a proposed cash dividend of CNY 2.28 per 10 shares, totaling CNY 127,945,389.26[79]. Assets and Liabilities - The total assets of the company as of December 31, 2013, were RMB 9,442,873,615.58, an increase of 12.13% from RMB 8,421,527,473.77 at the end of 2012[25]. - The company's net assets attributable to shareholders increased to RMB 3,357,235,308.37 at the end of 2013, up 3.57% from RMB 3,241,588,624.39 at the end of 2012[25]. - The company's total liabilities increased to ¥5,755,006,985.03 from ¥4,855,106,425.86, representing a growth of approximately 18.5%[148]. - Total current liabilities totaled ¥3,406,132,775.13, compared to ¥2,416,523,266.69, reflecting a significant increase of approximately 41.0%[148]. - The company's total equity reached ¥3,687,866,630.55, up from ¥3,566,421,047.91, reflecting a growth of about 3.4%[148]. Cash Flow - The company reported a cash flow from operating activities of RMB -331,041,151.37 in 2013, a decline of 192.19% compared to RMB 359,094,239.72 in 2012[25]. - The net cash flow from operating activities was negative CNY 331.04 million, a significant decrease of 192.19% compared to the previous year[50]. - The net cash flow from financing activities was 762,377,594.16 RMB, compared to -65,969,669.38 RMB previously, indicating a strong recovery[160]. - Cash inflow from financing activities reached 1,118,000,000.00 RMB, up from 480,000,000.00 RMB, an increase of approximately 133%[160]. Real Estate Development - The company has maintained its main business focus on real estate development since its listing[21]. - The company sold 46,217.4 square meters of property in the Shanghai Technology Capital project, generating sales of 144.8 million RMB[32]. - The company signed contracts for 253 units in the "Nanxin Jiayuan" project, with a sales area of 15,829.04 square meters and sales revenue of 91.94 million RMB[32]. - The "Qingpu Huaxin" project saw 752 units signed, with a sales area of 52,573.10 square meters and sales revenue of 390 million RMB[32]. - The company achieved real estate sales revenue of CNY 627 million, primarily from the sale of 752 units in the Qingpu Huaxin project, generating CNY 390 million[45]. Risk Management and Strategy - The company has outlined potential risks in its future development strategies, including industry and policy risks[12]. - The company plans to enhance its marketing strategies and improve service quality to strengthen tenant relationships and increase occupancy rates[38]. - The company aims to enhance operational efficiency and reduce development costs to cope with increasing market competition[76]. - The company emphasizes the importance of adapting to policy changes in the real estate sector to ensure project development aligns with market dynamics[75]. Governance and Compliance - The company has maintained a consistent leadership team since 2008, with all current members still in their positions[102]. - The board includes independent directors who have been in their roles since 2008, ensuring stability in governance[103]. - The company has maintained independence in operations and decision-making from its controlling shareholder[118]. - The audit report issued by the accounting firm confirmed that the financial statements fairly present the company's financial position and results of operations for the year ended December 31, 2013[136]. Shareholder Information - The total number of shares outstanding remains at 561,163,988, with no changes in the structure due to stock issuance or other reasons[86]. - The largest shareholder, Shanghai Xinhua Investment Co., Ltd., holds 14.32% of the shares, totaling 80,353,055 shares, with a decrease of 4,699,646 shares during the reporting period[93]. - The total number of shareholders at the end of the reporting period was 60,811[93]. Employee and Management - The total number of employees in the parent company and major subsidiaries is 401, with 62 in the parent company and 339 in subsidiaries[106]. - The company has established a comprehensive salary management system, adjusting salaries annually based on market trends and company performance[107]. - The total remuneration for the board members and senior management during the reporting period amounted to 4.96 million yuan, with a total of 23,893 shares held by the members at the end of the period[100].