JINKE PROPERTY(SZ:000656)2022-12-06 08:40Financial Performance - In 2015, the company achieved a total revenue of 19.399 billion CNY, representing a year-on-year growth of 11.98% [4] - The net profit for 2015 was 1.234 billion CNY, with a year-on-year increase of 42.99% [4] - The net profit attributable to shareholders was 1.123 billion CNY, showing a growth of 23.74% after excluding the impact of perpetual bonds [4] - Sales revenue for 2015 reached approximately 23.8 billion CNY, with a year-on-year increase of about 4% [4] - The company reported a sales collection of 24.2 billion CNY in 2015, up 17% year-on-year [5] - As of the end of 2015, cash and cash equivalents amounted to 9.4 billion CNY, a 25% increase compared to the previous year [5] Market Analysis - The overall trend of the real estate market in 2016 is positive, with policies focusing on "orderly digestion of real estate inventory" and "differentiated regulation" [6] - The first four months of 2016 saw a rise in both volume and price in the real estate market, followed by a slight decline in April [6] - The expectation for the second half of 2016 is a continuation of "price stabilization and slight increase in sales" [6] Strategic Planning - The company aims to transform its focus from real estate development to community comprehensive services, targeting a shift from a 5-year short cycle to a 65-year long cycle [7] - Plans include increasing land reserves by approximately 3.5 million square meters, primarily in second-tier cities, while gradually exiting from fourth-tier cities [8] - In 2016, the company plans to start new construction on approximately 4 million square meters and complete about 6.1 million square meters [8] New Energy Development - The company is focusing on wind and solar power, with plans to accelerate the construction of wind power projects and achieve grid connection in 2016 [9] - Efforts will be made to enhance the management of existing projects to improve operational performance [9] Q1 2016 Performance - In Q1 2016, total revenue was approximately 6.7 billion CNY, reflecting a year-on-year growth of 345.27% [10] - The net profit attributable to shareholders was around 249 million CNY, with a year-on-year increase of 154.22% [10] - The real estate segment achieved a signed sales amount of approximately 5.4 billion CNY, up about 20% year-on-year [10]