Financial Performance - For the fiscal year 2023, the company reported revenue of approximately RMB 14,490.2 million, an increase of about 56.6% compared to fiscal year 2022[8]. - The gross profit for fiscal year 2023 was approximately RMB 1,525.4 million, a decrease of about 38.3% from fiscal year 2022[8]. - The net profit for fiscal year 2023 was approximately RMB 287.1 million, representing a significant increase of about 1,240.5% compared to fiscal year 2022[8]. - The profit attributable to equity holders of the parent company for fiscal year 2023 was approximately RMB 479.4 million, an increase of about 156.8% from fiscal year 2022[8]. - The basic and diluted earnings per share attributable to ordinary shareholders of the parent company for fiscal year 2023 were RMB 8.5 cents, compared to RMB 3.3 cents in fiscal year 2022[10]. - The company reported a total comprehensive income of RMB 309,772 thousand in 2023, compared to RMB 58,779 thousand in 2022, reflecting a significant increase[45]. - The total tax expense for the year was RMB 164.093 million, significantly lower than RMB 1,296.966 million in the previous year[67]. - The company did not recommend the distribution of dividends for the fiscal year ending December 31, 2023[76]. Revenue Breakdown - Revenue from external customers in mainland China reached RMB 14,474,030 thousand in 2023, up from RMB 9,202,483 thousand in 2022, indicating a growth of about 57.5%[32]. - The residential segment generated revenue of RMB 13,192,997 thousand, while the commercial segment contributed RMB 1,297,235 thousand for the year ended December 31, 2023[30]. - Customer contract revenue for 2023 was RMB 14,379,520 thousand, significantly higher than RMB 9,148,971 thousand in 2022, reflecting an increase of approximately 57.5%[36]. - In the fiscal year 2023, the confirmed revenue from property deliveries was approximately RMB 13,692.1 million, an increase of about 60.7% compared to RMB 8,519.3 million in 2022[105]. Asset and Liability Management - As of the end of 2023, the company's total asset-liability ratio and net debt ratio were approximately 73.3% and 43.1%, respectively, both maintaining at reasonable levels[8]. - The total current liabilities decreased from RMB 36,497.7 million in 2022 to RMB 28,732.8 million in 2023[13]. - Non-current liabilities decreased from RMB 10,265.9 million in 2022 to RMB 6,881.7 million in 2023[13]. - The company's net assets increased from RMB 12,333.2 million in 2022 to RMB 12,955.2 million in 2023[13]. - The total assets of the group as of December 31, 2023, amounted to RMB 48,569,768 thousand, compared to RMB 59,096,852 thousand as of December 31, 2022[30][31]. - The group’s liabilities totaled RMB 35,614,568 thousand as of December 31, 2023, a decrease from RMB 46,763,688 thousand in the previous year[30][31]. - The group’s interest-bearing bank loans and other borrowings were approximately RMB 8,486.2 million as of December 31, 2023, compared to RMB 14,747.7 million in 2022[196]. - The current ratio for FY2023 is approximately 1.23, slightly down from 1.25 in FY2022[200]. - The net debt-to-equity ratio for FY2023 is 0.43, significantly improved from 0.66 in FY2022[200]. Operational Highlights - The group reported a profit from the residential segment of RMB 927,874 thousand, contrasting with a loss of RMB 476,667 thousand from the commercial segment, leading to a total segment profit of RMB 451,207 thousand[30]. - The total construction area delivered in fiscal year 2023 increased by approximately 96.3%, from about 365,773 square meters in 2022 to approximately 718,117 square meters[105]. - The total area of commercial housing sales in 2023 was 111,735 million square meters, a decrease of 8.5% year-on-year[104]. - The total sales amount of commercial housing in 2023 was RMB 116,622 million, down 6.5% from the previous year[104]. - The group’s property under construction area was 838,364 million square meters in 2023, a decrease of 7.2% year-on-year[105]. - The group expects a low credit loss rate for accounts receivable due to a diverse customer base with no recent default history[98]. Awards and Recognition - The company received several awards and honors in fiscal year 2023, including being ranked among the top 100 real estate companies in China and top 10 for financial stability among mainland Chinese real estate companies listed in Hong Kong[8]. Future Plans and Strategies - The company aims to expand its market presence in mainland China, Japan, and the UK through its commercial division, which includes property development and management services[53]. - The company plans to adopt new and revised international financial reporting standards in the upcoming financial year[49]. - The company plans to expand its business into commercial operations, smart property management services, and other sectors to ensure sustainable development[156]. - The company aims to maintain a stable revenue stream and diversify investment risks through a multi-faceted business approach[156].
众安集团(00672) - 2023 - 年度业绩