深深房B(200029) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was CNY 1,320,790,648.45, a decrease of 18.22% compared to CNY 1,615,009,713.88 in 2020[20] - The net profit attributable to shareholders for 2021 was CNY 220,836,309.93, down 23.91% from CNY 290,229,772.23 in the previous year[20] - The net cash flow from operating activities was negative CNY 1,205,952,107.94, a decline of 522.90% compared to CNY 285,164,013.17 in 2020[20] - The basic earnings per share for 2021 was CNY 0.2183, a decrease of 23.91% from CNY 0.2869 in 2020[20] - The company reported a decrease in net profit after deducting non-recurring gains and losses, which was CNY 208,306,710.37 for 2021, down 17.86% from CNY 253,595,334.11 in 2020[20] - The total operating revenue for 2021 was approximately ¥1.32 billion, a decrease of 18.22% compared to ¥1.62 billion in 2020[60] - Revenue from the real estate sector was approximately ¥876.16 million, accounting for 66.34% of total revenue, down 24.37% from ¥1.16 billion in 2020[60] - The property management segment saw revenue increase by 6.95% to approximately ¥162.53 million, representing 12.31% of total revenue[60] - The company reported a total of CNY 12.53 million in non-recurring gains and losses for the reporting period[27] - The company faced a net loss of 2.7 million CNY in 2021 due to the impact of the pandemic on Shenzhen Haiyan Hotel Co., Ltd.[91] Assets and Liabilities - Total assets at the end of 2021 amounted to CNY 6,182,498,050.43, representing an increase of 25.23% from CNY 4,936,916,746.74 at the end of 2020[20] - The net assets attributable to shareholders increased by 3.71% to CNY 3,938,260,291.97 at the end of 2021, compared to CNY 3,797,512,488.22 at the end of 2020[20] - The company's total assets included 4,034,933,562.62 yuan in inventory, which accounted for 65.26% of total assets, up from 24.72% in 2020[73] - The inventory level increased to 403,220 million yuan, representing a 231.60% rise from 121,599 million yuan in 2020[63] - The cash and cash equivalents decreased by 2,056,810,291.67 yuan, a drop of 277.02% from an increase of 1,161,914,166.47 yuan in 2020[71] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 0.88 per 10 shares, based on a total of 1,011,660,000 shares[6] - The company distributed cash dividends to shareholders for three consecutive accounting years, reflecting a commitment to shareholder returns[45] - The company distributed a cash dividend of 0.88 yuan per 10 shares, totaling 89,026,080 yuan, which represents 100% of the total profit distribution[142] - The company has no plans for cash dividends or capital reserve transfers during the reporting period, despite having positive distributable profits[142] Market and Project Development - The company completed the acquisition of controlling interest in the Huizhou project in May 2021, which resumed work in June 2021 and is expected to start pre-sales in December 2021[31] - The company has a total land reserve of 11.77 million square meters, with a total construction area of 31.76 million square meters, all of which are available for development[32] - The company successfully acquired land use rights for a new project in Shenzhen Guangming District in September 2021, which is expected to commence construction in January 2022[31] - The company is actively pursuing the development of new projects, with the Linxin Garden project expected to generate significant revenue[79] - The company plans to continue expanding its real estate development projects to drive future growth[89] Financial Management and Internal Controls - The company has established a comprehensive and effective internal control system, maintaining effective financial reporting internal controls without any significant deficiencies identified[146] - The internal control self-assessment report indicates that 85.58% of total assets and 99.16% of total revenue are included in the evaluation scope[149] - The internal control audit report issued a standard unqualified opinion, confirming consistency with the board's self-assessment[153] - The company has implemented strict cost control measures, achieving a budget reduction rate of 2.08% and a settlement amount reduction rate of 5.34%[47] Governance and Management Structure - The company maintained a structured governance framework, ensuring clear responsibilities among the board of directors, management, and supervisory board[108] - The board of directors operated in accordance with legal and regulatory standards, ensuring diligent decision-making and direction-setting[110] - The management team operates strictly in accordance with relevant laws and regulations, ensuring effective execution of board decisions[112] - The company has a fully independent financial department and tax system, ensuring compliance with financial regulations[114] - The company is focusing on expanding its management team with experienced professionals from various sectors, which may strengthen its operational capabilities[120] Social Responsibility and Community Engagement - The company actively engaged in social responsibility initiatives, including a donation of 30,000 yuan to support family planning efforts and a donation of property management equipment valued at 230,000 yuan[159] - The company conducted volunteer services totaling 162 person-times throughout the year, contributing to community support and public welfare activities[159] - The company actively promoted consumption poverty alleviation initiatives, with a total procurement amount of 800,000 yuan for the year, contributing to the consolidation of poverty alleviation achievements[160] Future Outlook and Strategic Initiatives - The company provided a future outlook, projecting a revenue growth of 12% for the next fiscal year, targeting 11.2 billion RMB[123] - The company plans to implement a new marketing strategy that includes digital channels, aiming for a 25% increase in customer engagement[123] - The company is expanding its market presence in Southeast Asia, with plans to open 50 new retail locations by the end of 2022[123] - The company has invested 200 million RMB in R&D for new technologies, focusing on sustainable building materials[123]