深深房A(000029) - 2016 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2016 was CNY 2,352,023,528.43, representing an increase of 8.72% compared to CNY 2,163,365,575.33 in 2015[17]. - The net profit attributable to shareholders for 2016 was CNY 311,567,386.94, which is a 3.47% increase from CNY 301,129,840.84 in 2015[17]. - The basic earnings per share for 2016 was CNY 0.3080, up 3.46% from CNY 0.2977 in 2015[17]. - The total profit for the year was CNY 425.29 million, an increase of 3.75% compared to the previous year[33]. - The company reported a total comprehensive income of RMB 312,519,073.45, compared to RMB 301,858,600.28 in the previous year[167]. - The company’s comprehensive income for the year amounted to RMB 394,335,891.37, reflecting the company's overall financial performance[196]. Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 51.99% to CNY 526,691,326.20 from CNY 1,097,144,254.51 in the previous year[17]. - Operating cash inflow decreased by 9.23% to ¥2,354,513,956.22 in 2016, primarily due to a reduction in sales proceeds from goods and services[50]. - Cash and cash equivalents increased by ¥96,010,984.21, a decline of 80.78% compared to the previous year, indicating liquidity pressures[50]. - The cash received from sales of goods and services was ¥650,307,551.32, down from ¥1,294,181,784.57, a decrease of about 49.8%[185]. - The total cash and cash equivalents at the end of the period decreased to ¥818,261,250.52 from ¥852,492,165.42, a reduction of about 4%[185]. Assets and Liabilities - Total assets at the end of 2016 were CNY 3,785,600,783.23, a decrease of 9.43% from CNY 4,179,937,120.75 at the end of 2015[17]. - The company's total liabilities decreased from RMB 1,976,489,324.32 to RMB 1,269,633,913.35, indicating a reduction of approximately 35.7%[165]. - The total current assets decreased from RMB 3,579,181,729.29 to RMB 3,227,306,037.00, a decrease of about 9.8%[164]. - The company's inventory decreased significantly from RMB 2,146,223,895.61 to RMB 1,734,553,042.10, a reduction of about 19.3%[164]. Shareholder Equity and Dividends - The net assets attributable to shareholders increased by 13.39% to CNY 2,643,860,443.09 from CNY 2,331,704,116.07 in 2015[17]. - The company plans not to distribute cash dividends or issue bonus shares for the year[6]. - The company did not distribute cash dividends or bonus shares in 2016, despite having a positive profit available for distribution to ordinary shareholders[71]. - The retained earnings at the end of the year were RMB 583,908,333.05, reflecting an increase from RMB 290,911,773.00 at the beginning of the year[170]. Operational Highlights - The company reported a quarterly revenue breakdown with Q4 revenue at CNY 607,561,430.43, showing a consistent performance throughout the year[24]. - The company achieved operating revenue of CNY 2,352.02 million in 2016, representing a year-on-year growth of 8.72%[33]. - Revenue from the real estate sector decreased by 9.96% to CNY 1,344,124,795.75, accounting for 57.15% of total revenue[40]. - The company plans to enhance project development and sales progress in 2017, focusing on projects like Cui Lin Yuan and Tian Yue Bay[62]. Management and Governance - The company has maintained a stable management team with no changes in shareholding for key executives during the reporting period[123]. - The company has a diverse board with independent directors, including Song Botong and Zhang Shunwen, who have been in their roles since October 2010 and April 2014 respectively[125]. - The company continues to focus on maintaining strong governance with a mix of experienced professionals in its management team[124]. - The independent directors attended 7 board meetings, with an attendance rate of approximately 71.43%[141]. Compliance and Risk Management - There were no penalties or rectifications during the reporting period, indicating compliance with regulations[83]. - The company has not identified any significant doubts regarding its ability to continue as a going concern for the next 12 months[196]. - The company continues to strengthen risk management and internal control standards, ensuring compliance and protection of shareholder interests[149]. Social Responsibility - The company actively engaged in social responsibility activities, including volunteer services and support for underprivileged families[100]. - The company was recognized as "Best Integrity Enterprise" by the Guangdong Enterprise Federation and received a two-star rating for social responsibility in Shenzhen[100].