Yuexiu Real Estate Investment Trust Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Net Sales

2,248.36

2,371.81

2,143.29

2,156.45

1,986.75

2,037.48

1,807.01

Other Operating Income

0.00

Total Operating income

2,248.36

2,371.81

2,143.29

2,156.45

1,986.75

2,037.48

1,807.01

Raw Material Cost

669.78

730.38

678.14

622.96

531.83

656.58

683.62

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

123.07

128.34

113.03

140.43

111.09

141.04

144.72

Power Cost

0.00

Manufacturing Expenses

1,005.01

1,023.55

664.05

428.88

533.40

607.80

569.89

Selling and Distribution Expenses

31.66

37.75

53.38

28.15

23.83

31.44

98.85

Other Expenses

-84.04

-97.35

-92.15

-11.83

13.75

-49.72

8.46

Total Expenditure (Excl Depreciation)

989.10

946.51

587.07

1,102.14

1,337.68

939.62

1,581.69

Operating Profit (PBDIT) excl Other Income

1259.3000000000002

1425.3

1556.2

1054.3000000000002

649.0999999999999

1097.9

225.3

Other Income

-80.63

-158.74

-1,098.17

410.45

911.20

38.27

400.70

Operating Profit (PBDIT)

1,343.08

1,432.28

628.86

1,639.13

1,720.21

1,284.24

1,291.00

Interest

1,005.01

1,023.55

664.05

428.88

533.40

607.80

569.89

Exceptional Items

-371.59

30.47

-111.42

94.81

-137.93

1,039.02

1,061.70

Gross Profit (PBDT)

1,414.12

1,475.70

1,294.35

1,359.13

1,294.99

1,232.78

1,028.30

Depreciation

164.45

165.73

170.80

174.37

159.94

148.12

95.10

Profit Before Tax

-197.97

273.48

-317.41

1,130.69

888.94

1,567.34

1,687.71

Tax

166.97

277.85

276.75

317.70

229.20

501.00

542.92

Provisions and contingencies

0.00

Profit After Tax

-347.58

5.11

-615.21

777.36

635.44

994.24

1,079.94

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

-347.58

5.11

-615.21

777.36

635.44

994.24

1,079.94

Share in Profit of Associates

0.00

Minority Interest

-17.36

-9.48

21.05

35.62

24.30

72.10

64.86

Other related items

0.00

Consolidated Net Profit

-364.94

-4.37

-594.16

812.99

659.74

1,066.34

1,144.80

Equity Capital

0.00

Face Value

0.0

Reserves

15,781.60

17,211.99

18,081.04

18,003.84

17,292.04

16,330.78

16,482.86

Earnings per share (EPS)

-0.07

0.0

-0.13

0.21

0.17

0.27

0.3

Diluted Earnings per share

-0.07

0.0

-0.13

0.21

0.17

0.27

0.3

Operating Profit Margin (Excl OI)

56.01%

60.09%

72.61%

48.89%

32.67%

53.88%

12.47%

Gross Profit Margin

-1.49%

18.52%

-6.84%

60.52%

52.79%

84.2%

98.66%

PAT Margin

-15.46%

0.22%

-28.7%

36.05%

31.98%

48.8%

59.76%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2024 is -5.20% vs 10.66% in Dec 2023

Consolidate Net Profit

YoY Growth in year ended Dec 2024 is -8,193.18% vs 99.26% in Dec 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2024 is -10.52% vs -7.87% in Dec 2023

Interest

YoY Growth in year ended Dec 2024 is -1.81% vs 54.12% in Dec 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2024 has fallen from Dec 2023

Compare Annual Results Of Yuexiu Real Estate Investment Trust With

Select Peers

Figures in Million

Consolidate Annual Results

Change(HKD)

Change(%)

Net Sales

2,248.36

1,912.41

335.95

17.57%

Other Operating Income

0.00

Total Operating income

2,248.36

1,912.41

335.95

17.57%

Raw Material Cost

669.78

614.20

55.58

9.05%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

123.07

0.00

123.07

Power Cost

0.00

Manufacturing Expenses

1,005.01

562.71

442.30

78.60%

Selling and Distribution Expenses

31.66

2.00

29.66

1,483.00%

Other Expenses

-84.04

-45.79

-38.25

-83.53%

Total Expenditure (Excl Depreciation)

989.10

721.02

268.08

37.18%

Operating Profit (PBDIT) excl Other Income

1,259.26

1,191.38

67.88

5.70%

Other Income

-80.63

0.00

-80.63

Operating Profit (PBDIT)

1,343.08

1,191.38

151.70

12.73%

Interest

1,005.01

562.71

442.30

78.60%

Exceptional Items

-371.59

-1,011.04

639.45

63.25%

Gross Profit (PBDT)

1,414.12

1,298.21

115.91

8.93%

Depreciation

164.45

0.00

164.45

Profit Before Tax

-197.97

-382.36

184.39

48.22%

Tax

166.97

136.61

30.36

22.22%

Provisions and contingencies

0.00

Profit After Tax

-347.58

-518.98

171.40

33.03%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

-347.58

-518.98

171.40

33.03%

Share in Profit of Associates

0.00

Minority Interest

-17.36

0.00

-17.36

Other related items

0.00

Consolidated Net Profit

-364.94

-518.98

154.04

29.68%

Equity Capital

0.00

Face Value

0.00

Reserves

15,781.60

26,930.75

-11,149.15

-41.40%

Earnings per share (EPS)

-0.07

-0.26

0.19

73.08%

Diluted Earnings per share

-0.07

-0.26

0.19

73.08%

Operating Profit Margin (Excl OI)

56.01%

62.30%

0.00

-6.29%

Gross Profit Margin

-1.49%

-19.99%

0.00

18.50%

PAT Margin

-15.46%

-27.14%

0.00

11.68%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 224.84 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -5.20% vs 10.66% in Dec 2023

Annual - Consolidate Net Profit

Consolidate Net Profit -36.49 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -8,193.18% vs 99.26% in Dec 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 142.37 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -10.52% vs -7.87% in Dec 2023

Annual - Interest

Interest 100.50 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -1.81% vs 54.12% in Dec 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 56.01%

in Dec 2024

Figures in %

YoY Growth in year ended Dec 2024 has fallen from Dec 2023