SFHN(SZ:000631)2023-03-30 16:00Financial Performance - The company's operating revenue for 2022 was CNY 307,198,713.90, representing a 12.95% increase compared to CNY 271,980,037.86 in 2021[18]. - The net profit attributable to shareholders for 2022 was CNY 161,939,108.96, a significant increase of 69.48% from CNY 95,551,741.92 in 2021[18]. - The net profit after deducting non-recurring gains and losses was CNY 125,442,063.57, which is a 106.65% increase from CNY 60,703,857.82 in 2021[18]. - The basic earnings per share for 2022 was CNY 0.07, up 75.00% from CNY 0.04 in 2021[19]. - The company's total revenue for 2022 reached CNY 650.49 million, a year-on-year increase of 104.32%[51]. - The real estate sector generated CNY 650.95 million in revenue, representing a 21.19% share of total revenue, with a gross margin of 82.36%[49]. - Wind power revenue was CNY 708.35 million, accounting for 23.06% of total revenue, with a year-on-year growth of 30.33%[49]. - Property management services generated CNY 711.60 million, but saw a decline of 7.48% compared to the previous year[49]. Cash Flow and Investments - The net cash flow from operating activities decreased by 69.76% to CNY 452,234,348.34 from CNY 1,495,496,555.84 in 2021[19]. - Operating cash inflow decreased by 56.04% to ¥933.69 million in 2022 from ¥2.12 billion in 2021[60]. - Net cash flow from investment activities turned negative at -¥1.36 billion in 2022, a decline of 505.41% from ¥336.07 million in 2021[60]. - Total cash and cash equivalents decreased by 202.24% to -¥1.34 billion in 2022 from an increase of ¥1.31 billion in 2021[60]. - Investment cash outflow increased by 82.24% to ¥6.30 billion in 2022 from ¥3.46 billion in 2021[60]. Dividends and Share Repurchase - The company reported a cash dividend of 2.75 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[4]. - The proposed cash dividend is RMB 2.75 per 10 shares, totaling RMB 602,241,012.45, which represents 371.89% of the company's net profit for 2022[126]. - The company repurchased 62,074,616 shares for a total amount of RMB 188,088,179, which is considered as cash dividend for the year[123]. - The total cash dividend amount, including other methods, is RMB 822,364,145.46[123]. Governance and Compliance - The board of directors has confirmed the accuracy and completeness of the annual report, ensuring no misleading statements or omissions[4]. - The company emphasizes the importance of adhering to the disclosure requirements set by the Shenzhen Stock Exchange for the real estate industry[4]. - The company has implemented a robust internal control system, enhancing governance and operational efficiency[89]. - There are no significant discrepancies between the company's governance practices and the regulations set forth by the China Securities Regulatory Commission[90]. - The company has ensured that all related party transactions are conducted fairly and transparently, adhering to market principles[92]. Business Operations and Strategy - The company has undergone several changes in its main business operations, with the latest change approved on May 10, 2022, expanding into new energy technology research and development[17]. - The company aims to expand its clean energy business and enhance asset operation and service capabilities[41]. - The company is committed to improving its internal management and operational capabilities to adapt to the evolving business landscape and competitive pressures[82]. - The company plans to enhance its asset operation and property service capabilities while accelerating the integration and upgrading of its business segments to mitigate policy risks[81]. - The company is focused on enhancing its competitive edge in the clean energy market through resource integration and market expansion efforts[83]. Market and Industry Trends - In 2022, the national real estate development investment was CNY 1,328.95 billion, a decrease of 10.0% year-on-year[29]. - The sales area of commercial housing in 2022 was 1,358.37 million square meters, down 24.3% compared to the previous year[29]. - The property management industry is experiencing a slowdown in growth, but is still expanding due to strong policy support and capital investment[30]. - The average price of newly built residential properties in Hangzhou in 2022 was CNY 34,742 per square meter, an increase of 9.9% year-on-year[34]. Future Outlook - The company plans to achieve operating revenue of CNY 218.69 million and a net profit of CNY 20.79 million in 2023[41]. - Future performance guidance indicates a projected revenue growth of approximately 10% for the next fiscal year[76]. - The company anticipates a favorable political and economic environment for clean energy generation in 2023, supported by government policies and a noticeable increase in electricity demand[80]. - The real estate market is expected to stabilize in 2023, with a focus on ensuring project delivery and addressing risks associated with real estate companies[78]. Human Resources and Management - The total number of employees at the end of the reporting period was 541, with 536 from major subsidiaries[118]. - The company has a structured compensation management system for senior management based on performance assessments[105]. - The management team consists of experienced professionals with diverse backgrounds in finance, engineering, and management[104]. - The company emphasizes talent acquisition and training to optimize the talent structure for long-term development[42]. Risk Management - The company has outlined potential risks and countermeasures in the management discussion and analysis section of the report[4]. - The company will strengthen safety management and technical supervision to mitigate risks associated with natural disasters affecting its wind power projects[84]. - The company has reported no major risk issues found during the self-inspection of corporate governance[135].