\u3000\u3000 Grandjoy Holdings Group Co.Ltd(000031) Grandjoy Holdings Group Co.Ltd(000031) )
I. The sales performance increased steadily, and the sales collection rate exceeded 100%
In 2021, Grandjoy Holdings Group Co.Ltd(000031) achieved contract sales of 72.7 billion yuan, a year-on-year increase of 5%. The full-scale payment collection amount was 76.41 billion yuan, and the comprehensive payment collection rate reached a new high. In terms of investment, adhere to the layout of high-energy cities, and the cost of land acquisition has increased.
II. The comprehensive gross profit margin is still at a high level, and the holding business is developing well
In 2021, Grandjoy Holdings Group Co.Ltd(000031) achieved an operating revenue of 46.21 billion yuan, with a year-on-year increase of 10.8%. The gross profit margin decreased by 4 percentage points to 27.4% and the net profit margin decreased by 1.1 percentage points to 1.8%. In addition to the decline in gross profit, the decline in net profit margin was mainly caused by factors such as the decline in investment income and the impairment of assets and credit Grandjoy Holdings Group Co.Ltd(000031) holding business is developing well. Six new projects have been expanded. The operation performance of opened projects has recovered significantly, and the growth rate of business revenue is higher than that of total operating revenue.
III. The “three red lines” remained yellow, and the financing cost further decreased to 4.9%
In 2021, Grandjoy Holdings Group Co.Ltd(000031) net debt ratio, asset liability ratio excluding advance receipts and cash short debt ratio were 90.06%, 70.31% and 1.4 times respectively. During the year, green bonds and CMBS were successfully issued, and the financing cost of new loans was only 4.6%, which further reduced the total financing cost to 4.9%. At the same time, the financing channels of enterprises are unblocked. In 2022, the company successfully issued 1.5 billion yuan of corporate bonds, and the interest rate further decreased
