BEH-P(SH:600791)2024-04-26 11:23Financial Performance - The company's operating revenue for 2023 was approximately ¥4.54 billion, a decrease of 26.60% compared to ¥6.18 billion in 2022[20]. - The net profit attributable to shareholders of the listed company for 2023 was approximately -¥407 million, a significant decline from a profit of ¥16.97 million in 2022, representing a decrease of 2,498.48%[20]. - The basic earnings per share for 2023 was -¥0.8988, a decrease of 2,496.80% compared to ¥0.0375 in 2022[22]. - The weighted average return on net assets for 2023 was -13.42%, a decrease of 13.90 percentage points from 0.48% in 2022[22]. - The company achieved a net cash flow from operating activities of 4.335 billion RMB, a significant improvement from a negative cash flow of 1.848 billion RMB in the previous year[41]. - The company reported a significant increase in storage room revenue by 886.75%, reaching 111.57 million RMB[45]. - The company reported a net profit of -2,604.56 million yuan for Ningxia Jingneng Company, with total assets of 104,823.23 million yuan[71]. - The company faced a net loss of -30,818.26 million yuan for Tianjin HNA Company, with total assets of 154,508.82 million yuan[71]. - The company reported a net profit of 3,388.48 million yuan for Tianchuang Shiyuan Company, with total assets of 43,161.99 million yuan[71]. - The company reported a net profit of -1.89 million yuan for Tianjin Jingneng Blu-ray Real Estate Development Co., Ltd., with a 48% ownership stake[71]. Assets and Liabilities - The total assets of the company at the end of 2023 were approximately ¥21.17 billion, an increase of 5.01% from ¥20.15 billion in 2022[21]. - The net assets attributable to shareholders of the listed company decreased by 56.14% to approximately ¥1.59 billion in 2023 from ¥3.63 billion in 2022[21]. - The total assets of the company reached 21.165 billion RMB, with a net asset value of 3.341 billion RMB and a debt-to-asset ratio of 84.21%[40]. - The total value of restricted assets amounted to ¥8,441,050,284.49, primarily due to mortgage guarantees and land use rights[56]. - The total amount of guarantees provided by the company (excluding guarantees for subsidiaries) is 2,687.47 million, accounting for 1.69% of the company's net assets[155]. - The total amount of guarantees provided by the company during the reporting period (excluding subsidiaries) was -685.82 million[155]. - The company has no guarantees provided for shareholders, actual controllers, or related parties, nor for entities with a debt-to-asset ratio exceeding 70%[155]. Revenue and Costs - Operating costs amounted to 4.204 billion RMB, a year-on-year decrease of 22.18%[43]. - The gross profit margin decreased by 5.27 percentage points compared to the previous year[43]. - Main business revenue was 4.455 billion RMB, with a main business cost of 4.138 billion RMB, resulting in a main business gross profit margin decrease of 5.10 percentage points[43]. - Residential revenue was 4.223 billion RMB, down 29.33% year-on-year, with a gross profit margin of 6.18%[45]. - The company achieved operating revenue of 4.535 billion RMB, a year-on-year decrease of 26.60%[43]. Market and Project Development - The company achieved a construction area of 76.81 million square meters and completed 20.99 million square meters in 2023[31]. - The company successfully completed the structural topping of the Jingneng Longhu project and achieved zero litigation for the Jintai Lifu Jiayuan project[31]. - The company plans to expand its market presence with new projects, including "京能·阳光港湾" and "京能·云湖洋房" with significant investment amounts[60]. - The company is focusing on enhancing its product offerings with new residential developments in key urban areas[60]. - The overall real estate market outlook remains positive, with expectations of increased sales and project completions in the next fiscal year[61]. Financing and Investment - The company plans to raise up to 700 million RMB through a private placement of A-shares, which has been approved by the Shanghai Stock Exchange[33]. - The company successfully raised 300 million RMB through a non-public issuance of corporate bonds, with all funds utilized as planned[185]. - An additional 500 million RMB was raised through another non-public issuance of corporate bonds, also fully utilized[185]. - The total financing amount at the end of the period was 978,295.03 million RMB, with an average financing cost of 4.41%[65]. - The company issued non-public corporate bonds to professional investors with interest rates of 3.24% and 3.40% for different tranches[166]. Governance and Compliance - The company aims to strengthen its internal control systems and governance structures to ensure compliance and operational efficiency[82]. - The company is committed to ensuring the independence of its operations and has taken measures to address any potential conflicts of interest with its controlling shareholder[83]. - The company has established a committee to oversee the remuneration and assessment of senior management[98]. - The company has engaged an external auditor to review its internal control system, receiving a standard unqualified opinion[125]. - The company has not faced any penalties from securities regulatory agencies in the past three years[100]. Risks and Challenges - There were no significant risks that materially affected the company's operations during the reporting period[6]. - The company is committed to addressing macroeconomic risks and policy changes that may impact its operations and strategic planning[77]. - The company has not reported any overdue bonds during the reporting period[182]. - The company has not faced any delisting risks or bankruptcy restructuring issues during the reporting period[141]. Social Responsibility and Community Engagement - The company invested a total of 1.524 million RMB in poverty alleviation and rural revitalization projects, benefiting 200 people through employment assistance[129]. - The company is committed to improving living standards and has focused on building affordable housing projects to support the community[128]. - The company has not disclosed any social responsibility or ESG reports during the reporting period[128]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 21,322, an increase from 20,747 at the end of the previous month[168]. - The top ten shareholders hold a total of 204,983,645 shares, representing 45.26% of the total shares[170]. - The largest shareholder, Beijing Energy Group Co., Ltd., has not changed its holdings during the reporting period[172]. - The report indicates that there were no changes in the controlling shareholder during the reporting period[176].