Securities code: 600716 stock abbreviation: Jiangsu Phoenix Property Investment Company Limited(600716) No.: pro 2022-002 Jiangsu Phoenix Property Investment Company Limited(600716)
Announcement of annual performance reduction 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:
1. Jiangsu Phoenix Property Investment Company Limited(600716) (hereinafter referred to as “the company”) estimates that the net profit attributable to the shareholders of the listed company in 2021 will be about 25 million yuan to 37.5 million yuan, a decrease of 2001.48 million yuan to 32.5148 million yuan compared with the same period of the previous year, a year-on-year decrease of 34.80% to 56.53%.
2. After deducting non recurring gains and losses, the company expects the net profit attributable to shareholders of Listed Companies in 2021 to be about 20 million yuan to 30 million yuan, an increase of 25.1782 million yuan to 35.1782 million yuan compared with the same period of last year.
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 financial department, the net profit attributable to the shareholders of the listed company in 2021 is expected to be about 25 million yuan to 37.5 million yuan, which is expected to decrease compared with the same period of last year (statutory disclosure data)
From 2001.48 million yuan to 32.5148 million yuan, a year-on-year decrease of 34.80% to 56.53%.
2. It is estimated that the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses will be about 20 million yuan to 30 million yuan, an increase of 25.1782 million yuan to 35.1782 million yuan compared with the same period of last year (statutory disclosure data).
(III) the performance of this notice 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: 57.5148 million yuan. Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses: – 5.1782 million yuan
(II) earnings per share: 0.0614 yuan.
3、 Main reasons for performance reduction in the current period
1. In 2020, the remaining office buildings in Suzhou were sold as a whole. The number of buildings available for sale decreased in this period, and the operating income decreased significantly compared with the previous year.
2. In 2021, the real estate market weakened and the price was lower than expected. The asset impairment provision was made for Yancheng, Zhenjiang and Taixing projects.
3. In 2021, the net value of each transaction financial asset Huaxia ETF fund held by the company changed little compared with the end of the previous year, and the income from changes in fair value recognized in 2021 decreased significantly compared with the previous year.
4、 Risk tips
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.
Jiangsu Phoenix Property Investment Company Limited(600716) board of directors January 29, 2022
