华润置地2023年度中期报告

目錄CONTENTS 2Corporate Information 3Group Structure 4Chairman’s Statement 9Management Discussion and Analysis 20Other Information 39Review Report to the Board of Directors 41Consolidated Statement of Profit or Loss 42Consolidated Statement of Profit or Loss andOther Comprehensive Income 43Consolidated Statement of Financial Position 46Consolidated Statement of Changes in Equity 49Condensed Consolidated Statement of Cash Flows 51Notes to the Condensed Consolidated Financial Statements 公司資料CORPORATE INFORMATION DIRECTORSEXECUTIVE DIRECTORS 董事 Li Xin (Chairman)Wu Bingqi (President)Zhang Dawei (Vice Chairman)Xie JiGuo Shiqing NON-EXECUTIVE DIRECTORSDou Jian Cheng HongHuang Ting (Appointed on 19 September 2023)Liu Xiaoyong (Retired on 19 September 2023) INDEPENDENT NON-EXECUTIVE DIRECTORSZhong Wei Sun ZheFrank Chan Fan (Appointed on 1 July 2023)Leong Kwok-Kuen, Lincoln (Appointed on 1 July 2023)Qin Hong (Appointed on 9 August 2023)Ho Hin Ngai, Bosco (Resigned on 1 July 2023)Andrew Y. Yan (Resigned on 1 July 2023)Wan Kam To, Peter (Resigned on 1 July 2023) 公司秘書 COMPANY SECRETARYSo Yiu Fung INDEPENDENT AUDITORKPMG 獨立核數師 Certified Public AccountantsPublic Interest Entity Auditor registered in accordance with theAccounting and Financial Reporting Council Ordinance8th Floor, Prince’s Building10 Chater RoadCentral, Hong Kong 108 HONG KONG BRANCH SHARE REGISTRARAND TRANSFER OFFICETricor Standard Limited 香港股份過戶登記處分處 1617 17/F, Far East Finance Centre16 Harcourt RoadHong Kong REGISTERED OFFICEP.O. Box 309 註冊辦事處 Ugland HouseGrand CaymanKY1-1104Cayman Islands P.O. Box 309Ugland HouseGrand CaymanKY1-1104Cayman Islands 總辦事處2646 HEAD OFFICE46th Floor, China Resources Building 26 Harbour Road, Wanchai, Hong Kong 網址www.crland.com.hk WEBSITE ADDRESSwww.crland.com.hk INTERIM REPORT 2023002 集團架構GROUP STRUCTURE 華潤（集團）有限公司CHINA RESOURCES (HOLDINGS) COMPANY LIMITED 59.55%* 華潤置地有限公司China Resources Land Limited(Stock code: 01109. HK) 生態圈要素型業務Eco-systemElementaryBusiness 輕資產管理業務Asset-LightManagementBusiness 經營性不動產業務InvestmentProperty Business 開發銷售型 業務DevelopmentProperty Business 81Cities 66Cities China Resources Mixc LifestyleServices LimitedStock code01209. HK Construction and OperationServices 3Product Lines 4Product Lines Leasing Apartment 67Shopping MallsIn Operation 500Projects Industrial Property 主席報告CHAIRMAN’S STATEMENT I am pleased to present to the shareholders a review and outlook ofthe performance of the Company and the Group for the six monthsended 30 June 2023. In the first half of 2023 (or the “Period”), despite complex andchallenging international circumstances and domestic recoverydifficulties, China’s macroeconomy demonstrated resilience andachieved a growth rate of 5.5%, with the total retail sales ofconsumer goods maintaining an 8.2% growth rate, serving as the“main engine” driving economic growth. The real estate industry,having experienced scalable and rapid development characterized byhigh debt, high leverage, and high turnover in the past, hasundergone significant changes in market supply and demanddynamics, which resulted in a new landscape characterized bydifferentiation in land auction markets, divergent sales performancesacross cities, and varied customer behaviors, posing new challengesfor real estate enterprises. 5.5%8.2% 3+1729.70.1%112.710.9%0.1988.8%2,367.5 Confronted with industry changes and challenges, the Group adheresto its strategic positioning as an “urban investment, development,and operation company” and continues to strengthen its integrated“3+1” business model and focuses on key management themes sucha s “ c o s t r e d u c t i o n , q u a l i t y i m p r o v e m e n t , a n d e f f i c i e n c yenhancement”. Additionally, we adhere to the operating strategy thatemphasizes “revenue growth with profit and profit with cash flow.”As a result, the Group’s core performance indicators have steadilyimproved, outperforming the industry. In the first half of 2023, theGroup achieved a revenue of RMB72.97 billion, representing a 0.1%YoY growth. The core net profit reached RMB11.27 billion, showing a10.9% YoY increase. The interim dividend is RMB0.198 per share, up8.8% compared to the previous year. As of 30 June 2023, theGroup’s market capitalization reached HKD236.75 billion, solidifyingits position as the top player in the domestic real estate sector.Against the backdrop of a complex industry landscape, the Group hassuccessfully charted a path of high-quality development and fulfilledits commitment to shareholder returns. 1,702.440.6%3593%2,270 The Group maintains a leading position in the propertydevelopment sales market, with a continuous improvement indevelopment quality.In the first half of 2023, the Group achieved acontracted sales value of RMB170.24 billion, representing a 40.6%YoY growth and consistently ranked among the top four in theindustry. With a focus on strategic investment, the Groupconcentrated on core cities to enhance t