信和置业(00083) - 2023 - 年度业绩

Financial Performance - The group's basic profit attributable to shareholders for the fiscal year ended June 30, 2023, was HKD 6.088 billion, a decrease of 10.2% from HKD 6.530 billion in the previous fiscal year[1]. - The company's revenue for the fiscal year ending June 30, 2023, was HKD 11,881,285,263, a decrease of 23.5% compared to HKD 15,554,174,570 in the previous year[31]. - The net profit attributable to shareholders was HKD 5,880,458,454, slightly down from HKD 5,964,709,321 in the previous year, reflecting a decrease of 1.4%[32]. - The company reported a gross profit of HKD 5,388,756,406, down 34.5% from HKD 8,252,310,419 in the previous year, highlighting challenges in maintaining profitability[31]. - The pre-tax profit for the year ended June 30, 2023, was HKD 6,741,293,282, down from HKD 7,313,816,816 in the previous year, indicating a decrease of about 7.8%[42]. - The basic earnings attributable to shareholders for the year amounted to HKD 6,088,207,820, a decrease of approximately 6.8% from HKD 6,530,663,998 in the previous year[50]. Property Sales and Revenue - The group's total property sales revenue for the fiscal year was HKD 11.937 billion, an increase of 8.5% from HKD 10.841 billion in the previous fiscal year[4]. - Revenue from property sales reached HKD 12.06 billion, significantly up from HKD 3.04 billion in the previous period, marking an increase of approximately 296%[37]. - Revenue from property leasing rose to HKD 3.53 billion in 2023, compared to HKD 3.01 billion in 2022, an increase of about 17.5%[37]. - The group sold 23.6% of the residential project in Tseung Kwan O during the fiscal year, with other projects achieving sales rates of 78.5% and 88%[4]. - Revenue from property sales amounted to HKD 11,129,690,462, while property leasing generated HKD 2,738,482,414, showing a significant contribution to total revenue[39]. Dividends and Shareholder Returns - The board proposed a final dividend of HKD 0.43 per share, totaling HKD 0.58 per share for the fiscal year, including an interim dividend of HKD 0.15[2][3]. - The company plans to distribute a final dividend of HKD 0.43 per share, compared to HKD 0.42 per share in the previous year, indicating a commitment to returning value to shareholders[31]. Financial Position and Assets - As of June 30, 2023, the group has cash and bank deposits amounting to HKD 43.93 billion, with net cash of HKD 41.97 billion after deducting total borrowings of HKD 1.96 billion[17]. - The group's total assets and total equity are HKD 179.27 billion and HKD 162.34 billion, respectively, with a book net asset value per share of HKD 19.87 as of June 30, 2023[17]. - Total non-current assets increased to HKD 111.63 billion in 2023 from HKD 107.56 billion in 2022, representing a growth of approximately 3.9%[33]. - Current assets decreased to HKD 67.64 billion in 2023 from HKD 71.42 billion in 2022, a decline of about 5.3%[33]. - Total liabilities decreased from HKD 15.10 billion in 2022 to HKD 10.90 billion in 2023, a reduction of approximately 27.5%[33]. - Shareholders' equity increased to HKD 162.35 billion in 2023 from HKD 157.40 billion in 2022, reflecting a growth of about 3.8%[34]. Investment Properties and Market Conditions - The group recorded a revaluation loss of HKD 1.633 billion on investment properties, a significant decrease from a loss of HKD 7.708 billion in the previous fiscal year[1]. - Total rental income for the fiscal year was HKD 3.504 billion, a decrease of 1.1% year-on-year[11]. - Net rental income decreased to HKD 2.985 billion, down 3.7% from HKD 3.101 billion in the previous fiscal year[11]. - Overall occupancy rate of the investment property portfolio increased to 91.2%, up 0.4 percentage points from the previous year[11]. - The group's investment properties experienced a fair value change of HKD 178,550,889 in 2023, compared to a loss of HKD 683,168,848 in 2022, indicating a recovery in property values[42]. Sustainability and Corporate Responsibility - The group has been recognized as a component of the Hang Seng Sustainable Development Corporate Benchmark Index with an AA rating, and has achieved a five-star rating in the GRESB real estate assessment[20]. - The group was selected as one of the top ten companies in the Greater Bay Area Corporate Sustainability Index, marking a significant milestone in sustainable development[20]. - The group has been rated as the highest ESG-rated company in the Asia-Pacific region by Sustainalytics and upgraded to an AA rating in the MSCI ESG Index[20]. - The group continues to integrate sustainable development into its business through elements such as "green living," "innovative thinking," and "community care" to create long-term value for stakeholders[19]. - Sino Land Company received the "Hong Kong Sustainable Development Award (Large Organization Category)" at the Hong Kong Sustainable Development Awards 2022, recognizing its commitment to ESG and sustainability efforts[21]. Future Outlook and Market Conditions - The group is optimistic about the medium to long-term prospects of the mainland real estate market, supported by recent government measures to boost liquidity for developers[15]. - The company is prepared to seize opportunities for economic recovery as the operating environment improves following the easing of pandemic-related restrictions[24]. - New policies introduced in July 2023 include extending existing loans for developers by 12 months and relaxing down payment requirements for homebuyers, aimed at supporting the real estate sector[24]. - The company anticipates a gradual recovery in the business environment, supported by clearer interest rate prospects, which may benefit the Hong Kong residential market[27]. Operational Efficiency and Innovation - The company is actively exploring new technologies to enhance productivity and customer experience, focusing on green innovation and digitalization[26]. - The "CityWise 2022/2023" corporate innovation program attracted over 3,000 solutions from 70 countries, promoting real estate technology development[21]. - The "HKUST-Sino Million Dollar Entrepreneurship Competition 2023" attracted a record 234 teams, emphasizing the importance of sustainable development ideas[22].