D.L.real estate(SH:600159)2023-04-21 16:00Financial Performance - In 2022, the company reported a net profit attributable to shareholders of -172,397,696.03 RMB, a decrease of 270.19% compared to the previous year's profit of 101,299,212.04 RMB[5]. - The total operating revenue for 2022 was 867,749,215.38 RMB, down 49.00% from 1,701,426,139.17 RMB in 2021[20]. - The net cash flow from operating activities decreased by 70.09%, amounting to 68,407,532.07 RMB compared to 228,693,381.76 RMB in 2021[20]. - Basic earnings per share for 2022 were -0.21 RMB, a decrease of 270.19% from 0.12 RMB in 2021[21]. - The weighted average return on equity was -7.29% in 2022, down 11.44 percentage points from 4.15% in 2021[21]. - The company reported a significant reduction in sales expenses, which decreased by 62.85% to ¥16,124,687.16 from ¥43,399,531.74[35]. - The company reported a net profit of -195,101,939.26 CNY for the period, with total revenue of 235,685,115.37 CNY[68]. - The company reported a total revenue of 38,000 million CNY for the year 2022, reflecting a significant performance in the real estate sector[83]. Assets and Liabilities - The company's total assets as of the end of 2022 were 4,162,373,733.08 RMB, a decline of 2.57% from 4,272,132,923.17 RMB in 2021[20]. - The company's total liabilities increased to CNY 1.830 billion, up CNY 159 million from the beginning of the year[32]. - The asset-liability ratio rose to 43.97%, an increase of 4.86 percentage points compared to the beginning of the year[32]. - The total current assets amounted to CNY 3,800.80 million, a decrease from CNY 3,888.01 million in the previous year[166]. - The total owner's equity attributable to the parent company decreased from CNY 2,471,330,854.25 in 2021 to CNY 2,257,432,996.62 in 2022, a decline of about 8.6%[168]. Cash Flow - The company reported a net cash flow from operating activities of CNY 316.80 million in the fourth quarter, following negative cash flows in the first three quarters[32]. - The total cash inflow from operating activities was ¥1,015,935,595.47, down 28.2% from ¥1,415,526,716.75 in 2021[181]. - Cash outflow from operating activities totaled ¥947,528,063.40, a reduction of 20.1% from ¥1,186,833,334.99 in the previous year[181]. - The net cash flow from investment activities turned negative at -¥363,232.70, a decline of 182.78% compared to the previous year[35]. Project Development - The company completed 2 real estate projects with a total area of 110,200 square meters and achieved sales area (including pre-sales) of 8,662.94 square meters, generating sales revenue of CNY 116.81 million[26]. - The company signed new projects with a total contract value of CNY 1.5107 billion during the reporting period[26]. - The company has 28 unfinished projects with a total contract amount of CNY 3.26 billion[51]. - The company plans to focus on project construction in Shunyi District, Beijing, and Zhongshan City, Guangdong Province, leveraging regional advantages for sustainable development[70]. Governance and Compliance - The board of directors ensures information disclosure is conducted in accordance with regulatory requirements, providing shareholders with equal access to timely information[78]. - There were no incidents of insider trading related to sensitive information during the reporting period, adhering to the insider information registration management system[78]. - The company has not reported any significant changes in business types, profit composition, or major changes in its subsidiaries during the reporting period[36]. - The company has maintained compliance with relevant regulations regarding related party transactions throughout the reporting period[126]. Risk Management - The company has detailed the major risks in its report, which can be found in the section discussing future development[7]. - The company recognizes risks related to macroeconomic conditions and financing, planning to improve cash flow and expand financing channels[73]. Employee and Management - The total number of employees in the parent company and major subsidiaries is 294, with 95 in the parent company and 199 in subsidiaries[100]. - The total remuneration for the general manager during the reporting period was 81.36 million yuan[82]. - The company has established a transparent and competitive salary system for employees, combining individual earnings with company performance[101]. Environmental and Social Responsibility - The company did not invest any funds in environmental protection during the reporting period[110]. - The company has not taken any measures to reduce carbon emissions during the reporting period[112]. - The company has not disclosed a separate social responsibility report or ESG report[113]. Related Party Transactions - The company engaged in related party transactions amounting to 12,358,866.70 RMB, adhering to market pricing principles[126]. - The company approved a maximum loan application of 20 million RMB from its controlling shareholder during the second extraordinary general meeting in December 2022[128]. - The company’s related party transactions include labor services and material purchases, with specific amounts detailed for each transaction[126].