Core Points - China Aoyuan reported a total revenue of approximately RMB 9.675 billion for 2024, representing a decline of 64.9% compared to 2023 [1] - The company’s gross loss for 2024 was approximately RMB 16.189 billion, with a gross loss margin of 167.3% [1] - The attributable profit to owners for 2024 is estimated at RMB 35 million, a significant recovery from a loss of approximately RMB 9.534 billion in 2023 [1] - Property contract sales for 2024 amounted to approximately RMB 10.55 billion, with a total sales area of about 1.252 million square meters [1] Revenue Breakdown - The revenue from property development accounted for 84.4% of total revenue, while hotel operations and other sales contributed 13.7% and property investment revenue contributed 1.9% [1] - The property development sales revenue for 2024 was approximately RMB 8.168 billion, reflecting a decline of about 67.3% from 2023 [2] - The average selling price of delivered properties increased by 18.1% to approximately RMB 9,961 per square meter, driven by a higher proportion of deliveries in the East China region [2] Land Reserves - As of the end of 2024, the total land reserve in the Greater Bay Area was approximately 5.64 million square meters, with an equity building area of about 4.24 million square meters [1]
中国奥园：2024年公司拥有人应占溢利约为人民币0.35亿元