On January 28, Greenland Holdings Corporation Limited(600606) (hereinafter referred to as " Greenland Holdings Corporation Limited(600606) ") announced the annual performance express of 2021 and the briefing on real estate operation in the fourth quarter of 2021. The announcement shows that in 2021, the total annual operating revenue of Greenland Group is about 534.9 billion yuan, a year-on-year increase of 17%; The total profit was about 20.8 billion yuan, and the net profit attributable to shareholders of listed companies was about 7.6 billion yuan, a year-on-year decrease of 49%.
Greenland Holdings Corporation Limited(600606) said in the announcement that the severe external environment in 2021 objectively had a great impact on the company's operation, especially on the company's profits at different levels. Among them, in the face of the rapidly declining real estate market, in order to speed up the de commercialization of sales and promote the return of funds, the gross profit margin of the company's real estate carry forward projects decreased by about 4 percentage points year-on-year, and it is planned to withdraw an impairment of about 2.9 billion yuan; Affected by the unbalanced time point of project carry over, the investment income contributed by associates and joint ventures decreased by about 2.3 billion yuan year-on-year; In addition, due to the overall downward trend of the stock market and other factors, the company's financial industry investment business decreased by about 3 billion yuan year-on-year.
According to the announcement, in 2021, Greenland Holdings Corporation Limited(600606) reduced interest bearing liabilities by 85.8 billion yuan, and the balance of interest bearing liabilities decreased to 236 billion yuan at the end of the year; The "two red lines" of cash short debt ratio and net debt ratio have successively reached the standard and turned green. In terms of sales, Greenland Holdings Corporation Limited(600606) in 2021, the contract sales amount was 290.2 billion yuan, a decrease of 19.0% over the same period last year, the collection was 277.2 billion yuan, the delivery area was 27.23 million square meters, and the carry forward income was 208.4 billion yuan.
In addition, in terms of land, in 2021, Greenland Holdings Corporation Limited(600606) added 45 real estate project reserves, with a land area of 4.1347 million square meters and an equity land area of 3.2044 million square meters; The capacity building area is 9019400 square meters, and the equity capacity building area is 7034800 square meters.
