Xiamen C&D Inc(600153) last year, the income of real estate business was about 96.3 billion, with 114 land acquisitions

On April 18, Xiamen C&D Inc(600153) (hereinafter referred to as ” Xiamen C&D Inc(600153) “) issued the annual report for 2021. According to the annual report, in 2021, Xiamen C&D Inc(600153) achieved an operating revenue of 707844 billion yuan, an increase of 63.49% year-on-year. Among them, Xiamen C&D Inc(600153) real estate business segment achieved an operating revenue of 96.305 billion yuan, a year-on-year increase of 16.85%; The net profit attributable to the parent company was 2.878 billion yuan, a year-on-year increase of 5.69%. The core debt indicators under the respective control of its subsidiaries Jianfa real estate and Lianfa group all meet the standards to ensure that the “three red lines” indicators remain green.

In terms of sales, in 2021, Xiamen C&D Inc(600153) achieved a total contract sales amount of 217565 billion yuan, a year-on-year increase of 51.49%, of which the contract sales amount of Jianfa real estate was 175385 billion yuan, a year-on-year increase of 68.83%;; MediaTek group achieved contract sales of 42.180 billion yuan, a year-on-year increase of 23.88%.

In terms of land reserve, in 2021, Xiamen C&D Inc(600153) acquired 114 lands in diversified ways, with a total amount of about 157.6 billion yuan. The estimated equity value of land reserve in the first and second tier cities accounted for more than 70%.

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