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中骏商管(00606) - 2022 - 年度业绩
SCE CMSCE CM(HK:00606)2023-03-30 09:38

Financial Performance - For the year ended December 31, 2022, the gross profit was RMB 429,958,000, a decrease from RMB 580,869,000 in the previous year, representing a decline of approximately 26%[2] - The net profit for the same period was RMB 212,612,000, down from RMB 286,129,000, indicating a decrease of about 26%[2] - The total comprehensive income for the year was $232.396 million, compared to $248.923 million in the previous year, reflecting a decrease of approximately 6.5%[21] - Revenue decreased by 3.9% from approximately RMB 1.230 billion in 2021 to approximately RMB 1.182 billion in 2022[108] - The net profit attributable to the parent company decreased by approximately 25.9% from RMB 280.6 million in 2021 to RMB 208.1 million in 2022, with basic earnings per share of approximately RMB 0.10[94] Assets and Liabilities - Non-current assets totaled RMB 718,370,000, significantly increasing from RMB 60,306,000 in the previous year[6] - Current assets amounted to RMB 2,466,574,000, a decrease from RMB 2,998,428,000, reflecting a decline of approximately 18%[6] - The total current liabilities were RMB 596,156,000, slightly down from RMB 607,794,000, showing a decrease of around 2%[6] - The total equity attributable to the parent company was $2.588 billion, up from $2.443 billion, representing an increase of about 5.9%[23] - The company reported a debt-to-equity ratio of zero as of December 31, 2022, unchanged from December 31, 2021[142] Revenue Breakdown - Revenue from property management services for 2022 was RMB 771,836,000, an increase of 28.4% from RMB 601,087,000 in 2021[37] - Total revenue from residential property management services reached RMB 786.56 million, accounting for 66.5% of total revenue in 2022[109] - Revenue from basic residential property management services increased by approximately 27.7% from RMB 414.3 million in 2021 to RMB 529.1 million in 2022, constituting about 44.8% of total revenue[87] - Revenue from business operation services for 2022 was RMB 45,044,000, a significant decrease from RMB 286,499,000 in 2021[37] - The revenue from pre-opening management services significantly decreased by approximately 84.3% from RMB 286.5 million in 2021 to RMB 45.0 million in 2022, representing about 3.8% of total revenue[85] Expenses and Costs - The cost of services provided increased to RMB 752.413 million in 2022 from RMB 649.181 million in 2021, reflecting a growth of approximately 15.9%[38] - The company reported a tax expense of $67.825 million, down from $97.507 million, indicating a reduction of approximately 30.5%[20] - Administrative expenses decreased by approximately 10.9% from RMB 218.5 million in 2021 to RMB 194.7 million in 2022, primarily due to the absence of one-time share issuance costs[120] - Tax expenses decreased by approximately 30.4% from RMB 97.5 million in 2021 to RMB 67.8 million in 2022, with the tax expense as a percentage of profit before tax decreasing from 25.4% to 24.2%[125] Shareholder Returns - The company did not recommend the payment of a final dividend for the year ending December 31, 2022, and there was no interim dividend declared[41] - The company will not recommend any final dividend for the year ended December 31, 2022, compared to a dividend of HKD 0.05 per share for the previous year[157] Strategic Initiatives - The company plans to open new shopping centers in Tangshan and Beijing in March 2023, with areas of 78,048 sqm and 103,453 sqm respectively[56] - The company aims to expand its value-added services, including parking sales and residential services, to differentiate itself from competitors in a highly competitive market[84] - The company is focusing on enhancing consumer experience and operational capabilities in the market[107] - The company plans to optimize its human resource structure and deepen digital applications to save on high and unnecessary labor costs, enhancing market competitiveness[84] Market Position and Growth - The company is focusing on expanding its presence in the Yangtze River Delta and Greater Bay Area regions, which are key economic zones[75] - The company reported a significant increase in the number of signed contracts, indicating strong demand for its services and potential for future revenue growth[78] - The company aims to expand its property management portfolio by identifying potential targets in the industry[106] Compliance and Governance - The financial statements were prepared in accordance with the revised Hong Kong Financial Reporting Standards, which did not affect the financial position or performance of the company[15] - The company has maintained strict compliance with the corporate governance code throughout the year[150] - The audit committee has reviewed the accounting policies and the consolidated financial statements for the year ended December 31, 2022[159]