2014-03-06 16:00Financial Performance - In 2013, the company's operating revenue reached RMB 135.42 billion, an increase of 31.33% compared to RMB 103.12 billion in 2012[11]. - The net profit attributable to shareholders was RMB 15.12 billion, reflecting a growth of 20.46% from RMB 12.55 billion in the previous year[11]. - The company achieved a basic earnings per share of 1.37 RMB, representing a year-over-year increase of 20.17%[15]. - The company reported a consolidated net profit for 2013 of RMB 15,118,549,405.78, while the parent company's net profit was RMB 7,795,895,844.62, representing 51.57% of the consolidated net profit[98]. - The total revenue for the company across all regions amounted to RMB 66,012,793,000 with a total area of 135,424,217 square meters[80]. Assets and Liabilities - Total assets at the end of 2013 amounted to RMB 479.21 billion, a 26.51% increase from RMB 378.80 billion at the end of 2012[13]. - The total liabilities increased by 25.99% to RMB 373.77 billion, up from RMB 296.66 billion in 2012[13]. - The company's net debt ratio decreased to 30.7% by the end of 2013, down from 41.5% in mid-2013, indicating improved debt structure[25]. - The company's asset-liability ratio decreased to 78.00%, down 0.32 percentage points from the previous year[15]. Cash Flow and Dividends - The net cash flow from operating activities decreased by 48.37% to RMB 1.92 billion, down from RMB 3.73 billion in 2012[13]. - The company proposed a cash dividend of RMB 4.1 per 10 shares, including tax, based on the shareholding registration date[2]. - The company's annual cash dividend payout ratio increased nearly twofold compared to the previous year, with a per-share dividend growth of 127.8%[34]. Market Strategy and Growth - The company emphasized the importance of adapting to the changes brought by the internet while maintaining its core values of customer service and value creation[6]. - The company plans to continue focusing on urbanization and modernization trends in China, which are expected to significantly impact the global landscape[6]. - The company remains committed to professionalization and specialization as key strategies for future growth[7]. - The company is considering strategic acquisitions to bolster its position in the market, with a budget of $500 million allocated for potential deals[7]. Project Development and Sales - The total sales area for the year was 14.89 million square meters, with a sales amount of 170.94 billion RMB, reflecting a year-over-year increase of 15.0% and 21.0% respectively[21]. - The company reported a settlement area of 12.31 million square meters, with a settlement income of 132.79 billion RMB, which is a 30.7% increase compared to the previous year[22]. - The company added 104 new projects, with a total land area of approximately 7.57 million square meters, and an average floor price of 3,516 RMB per square meter[25]. - The company has ongoing projects in various cities, including Wenzhou, Wuhu, Nanchang, and Beijing, with varying completion statuses ranging from under construction to preliminary[67]. Employee and Management - The number of employees as of December 31, 2013, was 35,330, representing a year-on-year growth of 13.9%[165]. - The total compensation for 13 directors, supervisors, and senior management in 2013 amounted to 65.75 million yuan[160]. - The management staff accounted for 26.1% of the total workforce in the real estate development system, reflecting a 19.8% increase from the previous year[165]. Corporate Governance - The company has maintained a strong relationship with its auditors, ensuring compliance with both Chinese and international financial reporting standards[132]. - The independent directors have actively participated in board meetings and provided constructive suggestions on various governance matters throughout 2013[177]. - The company has been actively improving its corporate governance, aligning with the requirements of the China Securities Regulatory Commission and international standards[171]. Investor Relations - The company maintained close communication with investors, receiving approximately 570 visits and participating in 69 large investor meetings throughout the year[125]. - The meetings served as a platform for the company to communicate its financial performance and operational metrics to stakeholders[128]. - Investor feedback from these meetings will be utilized to refine the company's strategic direction and operational focus[128].