Financial Performance - The audited consolidated revenue for 2022 was approximately RMB 9,250.5 million, representing an increase of about 86.2% from 2021[17]. - The profit attributable to owners of the parent company in 2022 was approximately RMB 186.7 million, reflecting an increase of approximately 155.4% from 2021[17]. - The gross profit for 2022 was about RMB 2,470.9 million, representing an increase of approximately 67.4% from 2021[17]. - The basic earnings per share for 2022 was RMB 3.3 cents, compared to RMB 1.3 cents in 2021[17]. - The total recognized revenue from properties delivered in 2022 was about RMB 8,519.3 million, marking a 99.1% increase compared to RMB 4,278.0 million in 2021[67]. - The Group's cost of sales for 2022 was approximately RMB 6,779.6 million, an increase of approximately 94.1% from RMB 3,492.5 million in 2021[195]. - The gross profit margin for 2022 was approximately 26.7%, a decrease of about 3.0 percentage points from 2021[196]. - Other income and gains amounted to approximately RMB 313.7 million for 2022, representing an increase of 1.2% compared to RMB 310.1 million in 2021[197]. - Selling and distribution expenses decreased by about 26.9% to approximately RMB 315.6 million in 2022 from RMB 431.9 million in 2021[198]. Sales and Contracted Projects - The Group recorded contracted sales of approximately RMB 14,267.7 million for the year ended 31 December 2022, with a contracted sales area of approximately 750,710 sq.m.[22]. - The average contracted selling price was approximately RMB 19,006 per sq.m.[22]. - Contracted sales for 2022 amounted to approximately RMB 14,267.7 million, a year-on-year decrease of about 48.9% from RMB 27,925.1 million in 2021[158]. - The total contracted GFA sold by the Group was about 750,710 sq.m., down from 1,175,362 sq.m. in 2021[158]. - Major projects contributing to contracted sales included Hangzhou's Fashion Color City with 13,072 sq.m. sold for RMB 210.7 million, and Chaoyue Mansion in Ningbo with 23,132 sq.m. sold for RMB 580.4 million[161]. - The Group's projects in Hangzhou accounted for a significant portion of sales, with multiple projects exceeding RMB 100 million in revenue[161]. Land Acquisition and Development - The Group successfully acquired seven plots of land in Hangzhou and Lishui, with a total gross floor area of approximately 524,000 square meters and an estimated development value of RMB 10.5 billion[38]. - The total gross floor area of the land bank of the Group was approximately 10.11 million sq.m., with an average land premium cost of approximately RMB3,116 per sq.m.[43][46]. - The average land cost for the new land parcels was approximately RMB 9,323 per sq.m.[165]. - The Group plans to continue its strategic layout in the Yangtze River Delta, focusing on prudent land acquisition to optimize its reserve structure[41][44]. Operational Efficiency and Cost Management - The commercial group adopted measures to reduce costs and increase efficiency, with the Xiaoshan Zhong An Plaza set to debut as a trendy cultural and entertainment center[33]. - The hotel group implemented an "One Core and Two Wings" strategic plan, focusing on themed restaurant brands and exceeding revenue targets despite challenges from the epidemic[34]. - The Group maintained a "green" level for the three red lines and kept financing costs at a low level, continuing to rank among the "Top 10 Financial Stability for Listed Real Estate Companies in Hong Kong"[26]. Employee and Organizational Development - As of December 31, 2022, the Group employed a total of 5,506 staff, an increase from 4,911 staff in 2021[188]. - The Group's staff cost for 2022 was approximately RMB 447.2 million, a decrease of about 17.4% from RMB 541.1 million in 2021[188]. Market Outlook and Strategic Focus - The real estate sector is expected to stabilize and recover under favorable economic policies and a high savings rate supporting post-epidemic consumption growth[44][47]. - The hosting of the 2023 Asian Games in Hangzhou is anticipated to boost the overall economic and social development of the region[45]. - The Group aims to become an integrated service provider by expanding into multiple industries such as commerce, service, and healthcare, focusing on improving quality of life[50][52]. - The Group's strategic focus includes expanding its land bank and enhancing project development capabilities to improve future sales performance[165]. - The Group's performance in 2022 reflects challenges in the market, necessitating a reassessment of sales strategies and project timelines moving forward[158]. Awards and Recognition - The Group received multiple awards, including being ranked among the Top 100 China Real Estate Developers and Top 10 Hong Kong Listed Domestic Property Companies for Financial Stability[186].
众安集团(00672) - 2022 - 年度财报