YOUNG财经 漾财经·2025-07-15 08:59Core Viewpoint - The company expresses deep regret over its continued losses, projecting a net profit loss of 10 billion to 12 billion yuan for the first half of 2025, compared to a loss of 9.852 billion yuan in the same period last year [2]. Group 1: Financial Performance - The company expects a net profit loss attributable to shareholders of 10 billion to 12 billion yuan for the first half of 2025, with a basic earnings per share loss of 0.8433 to 1.0120 yuan per share [2]. - The net profit loss excluding non-recurring gains and losses is projected to be between 9.5 billion and 11.5 billion yuan, compared to a loss of 7.613 billion yuan in the previous year [2]. - The company achieved a sales amount of 69.11 billion yuan in the first half of the year, with a repayment rate exceeding 100% and a project opening absorption rate exceeding 80% in multiple locations [3]. Group 2: Operational Strategy - The company attributes its losses to a significant decline in the scale of real estate project settlements, low gross margins, increased asset impairment provisions due to heightened business risk exposure, and some large asset transactions and equity trades priced below book value [2]. - The company plans to focus on operational improvement through strategic focus, operational enhancement, management improvement, technological empowerment, and integrated development to optimize business layout and structure [2]. - The company has completed the delivery of over 45,000 housing units and has revitalized projects worth approximately 57.5 billion yuan, with a total of 64 projects revitalized since the beginning of 2023, involving a saleable value of about 785 billion yuan [3]. Group 3: Financing and Debt Management - The company raised and refinanced 24.9 billion yuan in the first half of the year and received over 21.8 billion yuan in loans from its major shareholder, Shenzhen Metro Group [4]. - The company has completed the repayment of 16.49 billion yuan in public debt, with no foreign public debt due before 2027 [4].