NHPRECL(SH:600638)2023-04-27 16:00Financial Performance - In 2022, the company achieved operating revenue of CNY 4,317,280,153.18, representing a year-on-year increase of 20.39% compared to CNY 3,586,081,119.42 in 2021[20]. - The net profit attributable to shareholders of the listed company for 2022 was CNY 56,476,015.48, a decrease of 48.63% from CNY 109,943,649.84 in 2021[20]. - The net profit after deducting non-recurring gains and losses was CNY 920,241.65, down 98.78% from CNY 75,498,824.16 in the previous year[20]. - Basic earnings per share for 2022 were CNY 0.0839, down 48.62% from CNY 0.1633 in 2021[21]. - The company reported a total revenue of 1,098,860.18 million for the year 2022, with a net profit of 54,057.33 million, indicating a profit margin of approximately 4.9%[65]. - The company reported a net profit for 2022 of ¥112,842,557.04, representing an increase of about 6.8% compared to ¥106,052,692.93 in 2021[188]. Cash Flow and Assets - The net cash flow from operating activities increased by 100.02% to CNY 3,229,074,427.87 from CNY 1,614,383,136.57 in 2021[20]. - The cash flow from operating activities for 2022 was ¥3,229,074,427.87, which is a substantial increase from ¥1,614,383,136.57 in 2021, reflecting a growth of about 100.4%[191]. - Cash and cash equivalents increased by 36.99% to ¥6,965,910,840.36, accounting for 28.40% of total assets, due to increased transaction margin received by subsidiaries[50]. - Total assets amounted to CNY 24.52 billion, an increase from CNY 21.44 billion in 2021, representing a growth of approximately 14.5%[177]. - The company's total assets at the end of 2022 were ¥6,965,810,840.36, an increase from ¥5,084,836,939.75 at the end of 2021[191]. Liabilities and Equity - Total liabilities reached CNY 19.94 billion, up from CNY 16.92 billion in the previous year, marking an increase of around 18.0%[179]. - The company's equity attributable to shareholders rose to CNY 4.38 billion from CNY 4.36 billion, a marginal increase of about 0.4%[179]. - The total liabilities at the end of the year were not explicitly stated but are implied to have changed in relation to the total assets and equity figures[198]. Dividends and Profit Distribution - The company proposed a cash dividend of CNY 0.26 per 10 shares, totaling CNY 17,508,316.44 for distribution[6]. - The company reported a cash dividend amount of CNY 17,508,316.44, which accounts for 31.00% of the net profit attributable to ordinary shareholders in the consolidated financial statements[116]. - The company plans to distribute cash dividends amounting to at least 30% of the net profit attributable to shareholders in the consolidated financial statements, provided that the cumulative undistributed profits are positive[110]. Operational Highlights - A total of 4,725 residential units and 4,116 rental units were delivered, successfully completing the "guarantee delivery" task[29]. - The rental collection rate approached 100%, and the property fee collection rate was 99.7%[31]. - The company opened three new projects covering an area of 231,700 square meters, with a total of eight projects under construction[29]. - The company successfully acquired a prime residential land plot in Shanghai after a 10-year hiatus, enhancing revenue potential[32]. Market and Strategic Outlook - The company has established a dual-driven strategy in real estate and finance, with a complete set of licenses for futures, trusts, and funds, enhancing its market position[39]. - The company is actively entering the rental housing market, being one of the earliest participants in long-term rental apartment construction and operation in Shanghai[39]. - The company anticipates continued policy support for new business areas such as affordable rental housing and urban renewal under a more accommodative monetary and fiscal policy framework[69]. - The company plans to expand its project investment strategy, particularly in urban renewal and long-term rental apartments, to ensure sustainable growth[77]. Risk Management - The company has detailed the major risks in the report, which can be found in the section discussing future development[7]. - The company faces macroeconomic risks, including demand contraction and supply shocks, which may impact the real estate market[78]. - Market risks include slowing demand for commercial housing and increased competition in certain regions[79]. Governance and Compliance - The company held six supervisory meetings during the reporting period to oversee the compliance of directors and senior management with their duties[83]. - A total of 31 temporary announcements were published during the reporting period, ensuring transparency and compliance with information disclosure regulations[83]. - The company has implemented measures to ensure the independence of its assets, personnel, and operations from its controlling shareholders[83]. Social Responsibility - The company invested CNY 21.33 million in social responsibility projects, including CNY 11.17 million in cash donations for pandemic relief and scholarships[125]. - The company actively participated in community volunteer services and charitable activities, contributing to the creation of a civilized urban area in Huangpu District[126]. - The "Xunlong Scholarship" awarded 10,684 RMB to 189 outstanding students, including 7 special awards and 182 excellence awards[127].