LJZ(SH:600663)2014-07-29 16:00Occupancy and Revenue - The average occupancy rates for various properties are as follows: Office properties at 89%, Retail properties at 99%, Hotel properties at 67%, Exhibition properties at 71%, and Residential properties at 88%[8]. - Total operating revenue for the first half of 2014 reached 61,980 million CNY from office properties, 10,350 million CNY from retail properties, 5,818 million CNY from hotel properties, 45,388 million CNY from exhibition properties, and 6,233 million CNY from residential properties[8]. - The company's operating revenue for the first half of 2014 was RMB 1,911,446,565.31, representing a 14.18% increase compared to RMB 1,674,087,370.56 in the same period last year[30]. - The company achieved a property leasing income of RMB 1,328,000,000, which is 21% higher than the annual target of RMB 2,300,000,000[34]. - Revenue from sales of goods and services reached 1,267,842,299.73 RMB, up from 922,437,403.95 RMB, marking a growth of about 37.4% year-over-year[95]. Financial Performance - Net profit attributable to shareholders was RMB 571,895,233.79, up 16.48% from RMB 490,975,436.26 year-on-year[30]. - The basic earnings per share increased by 16.48% to RMB 0.3062 from RMB 0.2629 in the previous year[29]. - The weighted average return on equity rose to 5.14%, an increase of 0.92 percentage points compared to 4.22% in the previous year[29]. - The company reported a net profit for the current period of ¥627,605,596.14, a rise of 16.6% from ¥537,810,183.84 in the previous period[85]. - The total comprehensive income for the current period was ¥601,349,105.13, compared to ¥477,504,042.45 in the previous period, marking a 25.9% increase[86]. Assets and Liabilities - The total assets of the company increased by 3.15% to RMB 39,753,810,648.06 from RMB 38,538,440,136.33 at the end of the previous year[30]. - Total liabilities amounted to CNY 24.39 billion, compared to CNY 23.35 billion at the start of the year, an increase of about 4.5%[79]. - The company's equity attributable to shareholders rose to CNY 11.40 billion from CNY 11.27 billion, a growth of approximately 1.1%[79]. - The total assets at the end of the reporting period amount to CNY 15,365,233,048.70[104]. - The total owner's equity at the end of the reporting period is RMB 10,433,715,514.15, showing a decrease of RMB 304,432,492.00 compared to the previous period[112]. Cash Flow - The company reported a net cash flow from operating activities of -RMB 1,978,207,783.97, a significant decrease compared to -RMB 213,684,142.75 in the previous year, reflecting increased land acquisition and project construction expenditures[30]. - Cash flow from operating activities showed a net outflow of ¥1,978,207,783.97, worsening from a net outflow of ¥213,684,142.75 in the prior period[91]. - The net cash flow from investing activities was -3,080,689,595.61 RMB, worsening from -1,465,152,947.71 RMB in the prior year, indicating increased investment outflows[96]. - The total cash and cash equivalents at the end of the period were 1,065,858,742.85 RMB, down from 2,031,837,302.67 RMB at the end of the previous period, representing a decrease of approximately 47.5%[96]. - The company paid 2,665,000,000.00 RMB in debt repayments, an increase from 1,793,000,000.00 RMB in the same period last year, reflecting a rise of approximately 48.5%[96]. Investments and Development - The company plans to invest no more than RMB 4 billion in project development expenditures, with actual spending reaching RMB 2.5 billion, a 136% increase year-on-year[34]. - The company has successfully entered the Qiantan International Business District, with preliminary work for the Qiantan Center already underway[45]. - The company successfully completed the construction of three buildings on schedule and has thirteen projects progressing as planned, achieving key milestone targets[4]. - The Shanghai New York University project, with a total construction area of 64,495 square meters, is set to be leased starting July 1, 2014[10][11]. - The Lujiazui Century Financial Plaza has a total construction area of approximately 450,000 square meters, with office properties accounting for about 300,000 square meters[12]. Shareholder Information - The company distributed cash dividends totaling 422,096,584 RMB, amounting to 2.26 RMB per share based on the total share capital of 1,867,684,000 shares as of the end of 2013[54]. - The company reported a total of 135,798,626 shares issued and a total revenue of 225,551,420 RMB, with a net loss of 25,908,880 RMB during the reporting period[50]. - Shanghai Lujiazui (Group) Co., Ltd. holds 57.64% of the shares, totaling 1,076,556,437 shares, with 292,825,362 shares pledged[67]. - The company reported a total of 128,008 shareholders at the end of the reporting period[67]. - The largest shareholder, Dongda (Hong Kong) Investment Co., Ltd., is a wholly-owned subsidiary of Shanghai Lujiazui (Group) Co., Ltd.[69]. Governance and Compliance - The company has established a series of internal systems to optimize corporate governance and ensure shareholder interests[63]. - There were no administrative penalties or public reprimands against the company or its major stakeholders during the reporting period[61]. - The company is committed to fulfilling its promises regarding land development costs, which are currently estimated at 400,546,451.63 yuan[60]. - The company is actively promoting the optimization of its governance structure to maximize shareholder value[62]. - The financial report was signed by the legal representative and the head of the accounting department[75]. Financial Reporting and Standards - The company's financial statements comply with the accounting standards, ensuring transparency and accuracy in reporting[121]. - The report was publicly disclosed in designated publications by the China Securities Regulatory Commission[75]. - The consolidated financial statements include all subsidiaries controlled by the company as of June 30, 2014[130]. - The company has not reported any new product launches or significant market expansions in this period[106]. - The company has not made any capital contributions or reductions during the reporting period[112].