Securities code: 600743 securities abbreviation: Huay Uan Property Co.Ltd(600743) No.: pro 2022-003 Huay Uan Property Co.Ltd(600743)
Announcement of annual performance loss in 2021
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents.
Important content tips:
According to the preliminary calculation of Huay Uan Property Co.Ltd(600743) (hereinafter referred to as “the company”), the net profit attributable to the shareholders of the listed company is expected to be about – 480 million yuan to – 690 million yuan in 2021.
It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses in 2021 will be about – 570 million yuan to – 790 million yuan.
1、 Performance forecast of the current period
(I) performance forecast period
From January 1, 2021 to December 31, 2021.
(II) performance forecast
1. According to the preliminary calculation of the company’s financial department, the net profit attributable to the shareholders of the listed company in 2021 is expected to be a loss compared with the same period of the previous year, and the net profit attributable to the shareholders of the listed company is about – 480 million yuan to – 690 million yuan. 2. It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses in 2021 will be about – 570 million yuan to – 790 million yuan.
(III) the performance forecast of this period has not been audited by certified public accountants.
2、 Performance in the same period of last year
(I) net profit attributable to shareholders of the listed company: 414062600 yuan. Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: 288993500 yuan.
(II) earnings per share: 0.176 yuan.
3、 Main reasons for performance loss in advance in the current period
1. Affected by the continuous covid-19 epidemic, the tightening of real estate macro-control policies and financing environment, and the continuous decline of market conditions, the sales prices of some residential and commercial projects developed by the company are lower than expected. In order to adapt to market changes and speed up sales and cash return, the company according to the market environment, product structure For the push sale node and sales cycle, it is expected to adjust the selling prices of some projects so that the net realizable value is lower than the cost. Therefore, it is proposed to withdraw the impairment provision of about 135 million yuan to 162 million yuan, and the impact on the net profit attributable to the shareholders of the listed company is about – 104 million yuan to – 126 million yuan. 2. In recent years, the long-term mechanism of real estate regulation has been gradually formed, the real estate market has continued to decline, and the overall gross profit margin of the industry has decreased. Although the settlement income of the company has increased significantly this year, the proportion of low gross profit items in settlement projects has increased, resulting in a decrease in gross profit margin compared with the same period last year.
4、 Risk tips
The performance forecast of the company is the preliminary calculation of the company’s operation in 2021, which has not been finally audited and confirmed by the annual audit accountant.
The company has no major uncertainties affecting the accuracy of the performance forecast.
5、 Other explanatory matters
The above forecast data are only preliminary accounting data. The specific and accurate financial data are subject to the audited annual report of 2021 officially disclosed by the company. Please pay attention to the investment risks.
It is hereby announced.
Huay Uan Property Co.Ltd(600743) board of directors
January 29, 2022
