Financial Performance - The group's revenue for the year was approximately RMB 3,569.3 million, an increase of about 55.8% compared to RMB 2,290.5 million for the year ended December 31, 2022[2]. - The group's gross profit for the year was approximately RMB 1,001.5 million, representing an increase of about 86.5% from RMB 537.0 million for the year ended December 31, 2022, with a gross profit margin of approximately 28.1%, up 4.7 percentage points from 23.4% in the previous fiscal year[2]. - The group's net profit for the year was approximately RMB 547.3 million, a growth of about 117.8% compared to RMB 251.3 million for the year ended December 31, 2022, with profit attributable to equity holders of the company at approximately RMB 467.3 million, an increase of about 89.0% from RMB 247.2 million[2]. - The total comprehensive income for the year was RMB 558.5 million, compared to RMB 285.3 million for the previous year[4]. - Basic earnings per share attributable to equity holders of the company was RMB 0.35, compared to RMB 0.19 for the previous year[6]. - The total revenue for the year 2023 reached RMB 50,500,000, compared to RMB 23,164,000 in 2022, indicating a significant increase[37]. - The net profit attributable to equity holders for 2023 was RMB 467,347,000, up from RMB 247,212,000 in 2022, representing an increase of approximately 89%[42]. - Basic earnings per share for 2023 were RMB 0.35, compared to RMB 0.19 in 2022, reflecting a growth of 84%[41]. - The total income tax expense for 2023 was RMB 180,151,000, significantly higher than RMB 73,391,000 in 2022, indicating increased profitability[40]. Dividends - The board proposed a final dividend of HKD 0.16 per share, compared to HKD 0.1 per share for the previous year, along with a special dividend of HKD 0.1 per share to celebrate the company's third anniversary of listing[2]. - The company plans to distribute a final dividend of HKD 0.16 per share and a special dividend of HKD 0.10 per share, totaling approximately RMB 331,811,000[45]. - The total estimated payout for the final and special dividends is approximately HKD 366,149,000, equivalent to about RMB 331,811,000[102]. - The annual general meeting is scheduled for May 24, 2024, where the proposed dividends will be subject to shareholder approval[103]. Assets and Liabilities - The total assets as of December 31, 2023, were RMB 3,605.5 million, compared to RMB 3,156.9 million as of December 31, 2022[10]. - The total liabilities as of December 31, 2023, were RMB 1,905.3 million, compared to RMB 2,005.5 million as of December 31, 2022[10]. - The cash and cash equivalents as of December 31, 2023, were RMB 2,952.4 million, an increase from RMB 2,703.1 million as of December 31, 2022[10]. - Non-current liabilities increased to RMB 66,184 thousand from RMB 28,409 thousand, representing a growth of 132%[11]. - Total assets increased to RMB 1,831,664 thousand from RMB 1,272,703 thousand, reflecting a growth of 43.8%[11]. - The company's equity attributable to owners increased to RMB 1,726,141 thousand from RMB 1,245,757 thousand, a rise of 38.5%[11]. - The company's asset-liability ratio was approximately 51.8% as of December 31, 2023, down from 61.5% on December 31, 2022[90]. - As of December 31, 2023, the company's interest-bearing borrowings were approximately RMB 19.6 million, compared to RMB 10.0 million on December 31, 2022[90]. Revenue Breakdown - Revenue from property management services was RMB 1,418,002 thousand, while commercial property operation management services generated RMB 69,327 thousand for the year 2023[21]. - The contribution from Xiamen Construction Development and its related entities accounted for 33.1% of the group's total revenue, down from 37.5% in 2022[22]. - The total recognized revenue for property management services in 2023 was RMB 262,506,000, compared to RMB 184,030,000 in 2022, representing an increase of 42.6%[26]. - Community value-added and collaborative services generated revenue of RMB 703,761,000 in 2023, a significant increase from RMB 70,690,000 in 2022, reflecting a growth of 894.5%[26]. - The total revenue for the year ended December 31, 2023, was RMB 1,418,002 thousand, compared to RMB 1,036,175 thousand for the year ended December 31, 2022, indicating a strong growth trajectory[58]. - Revenue from residential properties accounted for 78.4% of total revenue, amounting to RMB 1,112,349 thousand, while non-residential properties contributed 21.6% with revenue of RMB 305,653 thousand[60]. - The community value-added and collaborative services segment contributed 38.5% to total revenue, with a revenue of RMB 1,374.8 million[72]. - Revenue from community value-added and collaborative services increased from approximately RMB 475.8 million to about RMB 1,374.8 million, a growth of approximately 189.0%[73]. Operational Highlights - The total contracted management area for property management services was approximately 101.8 million square meters as of December 31, 2023, an increase of about 12.4% from 90.6 million square meters as of December 31, 2022[2]. - The company has not engaged in any business operations since its incorporation, focusing primarily on property management services in China[12]. - The company operates four main business lines: property management services, community value-added and collaborative services, non-owner value-added services, and commercial property operation management services[47]. - The company aims to become a leading property management service provider in China, adhering to the service philosophy of providing high-quality living spaces[47]. - The company continues to expand its service offerings and geographical reach to enhance its market position[47]. - The company has diversified its property management services to include non-residential properties, with a contracted area of approximately 7.8 million square meters, a significant increase of about 40.7% from 5.5 million square meters as of December 31, 2022[59]. - The company aims to enhance basic service quality to improve customer satisfaction and maintain stable cash flow and business fundamentals[98]. - The strategic focus includes transitioning from residential to non-residential services, optimizing service structure, and enhancing competitive advantages in non-residential sectors[99]. Governance and Compliance - The financial statements were prepared in accordance with the Hong Kong Financial Reporting Standards, ensuring compliance with applicable disclosure requirements[14]. - The audit committee, consisting of three independent non-executive directors, has reviewed the group's consolidated financial statements for the year[108]. - The auditors have confirmed that the preliminary performance data aligns with the amounts in the draft consolidated financial statements for the year ending December 31, 2023[109]. - The company maintains high corporate governance standards to protect shareholder interests and enhance corporate value, adhering to all applicable principles and rules[106]. - The company has adopted the standard rules for securities trading by directors as per the listing rules, confirming compliance throughout the year[105].
建发物业(02156) - 2023 - 年度业绩