On the evening of January 30, Gemdale Group (600383) released its 2023 annual performance forecast. According to the preliminary calculation of the financial departmentGemdale expects to achieve a net profit attributable to owners of the parent company in 20237500 million yuan to 900 million yuan, compared with the same period last year, will be a decrease of 520.7 billion to 535.7 billion yuan, a year-on-year decrease of 8526% to 8772%；
Screenshot of Gemdale Group's 2023 performance forecast.
Compared with the previous year, Gemdale Group's net profit attributable to the owners of the parent company in 2022 exceeded 6.1 billion yuan, and the performance in 2023 declined sharply, the company said that the main reason was the decrease in the scale of the company's real estate business carry-over during the reporting period, and the company's dynamic adjustment of operation and sales strategies according to market conditions in order to accelerate sales and cash withdrawal, the gross profit level of real estate projects carried forward by the company decreased compared with the same period last year, and the company made asset impairment provisions for some projects in combination with current market changes.
Gemdale Group announced on January 5 that in December 2023, the company achieved a contracted area of 6850,000 square meters, a year-on-year decrease of 4123%；The contract amount was 104200 million yuan, a year-on-year decrease of 4893%。In 2023, Gemdale Group has achieved a total contracted area of 87700,000 square meters, down 1401%；The cumulative contract amount is 1535500 million yuan, down 30 percent year-on-year77%。
As of January 30, Gemdale Group closed down 342% to 423 yuan shares, the stock price has fallen by nearly 60% since 2023, and the latest total market value is 19.1 billion yuan.
*: Reading and Entrepreneurship Finance.