Workflow
新城发展(01030)发布中期业绩 归母净利润8.95亿元 同比减少32.11%

Core Viewpoint - The company reported a significant decline in revenue and net profit for the first half of 2025, but emphasized resilience and strategic adjustments in response to market challenges [1][5]. Financial Performance - The company achieved an operating revenue of 22.1 billion yuan, a year-on-year decrease of 34.82% [1][5]. - The net profit attributable to shareholders was 895 million yuan, down 32.11% year-on-year [1][5]. - The basic earnings per share stood at 0.4 yuan [1]. Sales and Delivery - The company reported a contract sales area of 1.335 million square meters, a decline of 59.08% year-on-year [2]. - The total contract sales amount reached 10.33 billion yuan, down 56.15% year-on-year [2]. - The company successfully delivered over 16,000 high-quality properties nationwide in the first half of 2025 [2]. Commercial Operations - The company operates 205 Wuyue Plazas across 141 cities, with 174 currently in operation and a total area of 16.08 million square meters [3]. - The occupancy rate of Wuyue Plazas reached 97.81% [3]. - The total foot traffic for Wuyue Plazas was 950 million visits, a year-on-year increase of 16.0%, with total sales exceeding 51.5 billion yuan, up 16.5% [3]. Strategic Adjustments - The company is focusing on cash flow preservation, project delivery, and asset value protection, seeking a balance among these priorities [2]. - The company reported a total commercial operation revenue of 6.944 billion yuan, an increase of 11.78% year-on-year, showcasing its ability to navigate through market cycles [4]. Asset Overview - As of the end of the reporting period, the company had total assets of 288.33 billion yuan and net assets attributable to shareholders of 61.799 billion yuan [5]. - The company completed the delivery of 36 sub-projects with a total area of 2.7765 million square meters [5]. - There are currently 158 sub-projects under construction, with a total building area of 17.4847 million square meters [5].