[Today's focus]
Seashell-W (02423.HK)'s adjusted net profit of 9.798 billion yuan in 2023 increased 244.7% year-on-year
Shell-W (02423.HK) announced that the total transaction volume in 2023 was RMB 3142.9 billion (US$442.7 billion), an increase of 20.4% over the previous year. The total transaction volume of stock housing transactions was RMB 2,028 billion (US$285.6 billion), an increase of 28.6% over the previous year. The total transaction volume of new housing transactions was RMB 1,003 billion (US$141.3 billion), an increase of 6.7% over the previous year. The total transaction volume for home improvement was RMB 13.3 billion (US$1.9 billion), an increase of 145.8% over the previous year. The total transaction volume of emerging businesses and others was RMB 98.6 billion (US$13.9 billion), an increase of 12.9% over the previous year.
Net revenue for 2023 was RMB 77.8 billion (US$11 billion), up 28.2% year over year. Net profit for 2023 was RMB5.89 billion, while net loss for 2022 was RMB1,397 billion. Adjusted net profit for 2023 was RMB 9.798 billion, up 244.7% year on year.
As of December 31, 2023, the number of stores was 43,817, an increase of 8.1% over the previous year. The number of active stores as of December 31, 2023 was 42,021, an increase of 12.2% over the previous year. The number of brokers as of December 31, 2023 was 427,656, an increase of 8.5% over the previous year. The number of active brokers as of December 31, 2023 was 397,135, an increase of 13.6% over the previous year.
The total transaction volume for the fourth quarter of 2023 was RMB 735.6 billion (US$103.6 billion), an increase of 13.7% over the previous year. The total transaction volume of stock housing transactions was RMB 468.1 billion (US$65.9 billion), an increase of 30.1% over the previous year. The total transaction volume of new housing transactions was RMB 238 billion (US$33.5 billion), a year-on-year decrease of 9.7%. The total transaction volume for home improvement was RMB 3.9 billion (US$600 million), an increase of 99.7% over the previous year. The total transaction volume of emerging businesses and others was RMB 25.6 billion (US$3.6 billion), an increase of 18.0% over the previous year.
The company attaches great importance to shareholder returns. The company set up a share repurchase plan. In 2023, the company spent about 719 million US dollars to repurchase shares. The shares repurchased in 2023 have all been cancelled. On the basis of the special cash dividend of about 200 million US dollars distributed in the third quarter, the company announced a final cash dividend of about 400 million US dollars this time to better share the fruits of the company's growth with shareholders.
[Important matters]
China Software International (00354.HK) and iFLYTEK sign a strategic cooperation agreement to jointly develop “artificial intelligence +”
[Financial results]
Weibo-SW (09898.HK): Total net revenue for fiscal year 2023 was US$1.76 billion
Bank of China Airlines Leasing (02588.HK)'s annual net profit after tax reached a record of US$764 million, final interest of US$0.2721
Ferretti (09638.HK)'s annual profit attributable to shareholders of about 83 million euros increased by about 37.8% year-on-year
Fosun Tourism Culture (01992.HK) turned a loss into a profit of 307 million yuan in 2023
Pak Neng Group (01263.HK)'s total revenue in 2023 to HK$9.167 billion decreased by 14.9% year-on-year
Profit attributable to owners of China Merchants Land (00978.HK) in 2023 was 133 million yuan, down about 59.5% year-on-year
Dragon Resources (01712.HK): Profit attributable to shareholders of 5.189 million Australian dollars increased 108.5% year-on-year in 2023
Federal Pharmaceuticals (03933.HK) Yingxi: Expected annual profit of about 2.6 billion yuan
Continental Airlines Technology Holdings (00232.HK) Profit: Expected profit after tax of not less than HK$150 million in 2023
[Operational data]
China Shenhua (01088.HK) coal sales in February increased 0.8% year-on-year to 38.6 million tons
China Taibao (02601.HK): In January-February, China Pacific Property Insurance's original insurance business revenue of 38.977 billion yuan increased 6.2% year-on-year
[Pharmaceutical Innovation]
Fu Hong Han Lin (02696.HK): Phase 1 clinical study of injectable HLX42 (targeting EGFR antibody - novel DNA topoisomerase I inhibitor conjugate drug) in patients with advanced/metastatic solid tumors completed the first patient administration in China
Hanson Pharmaceuticals (03692.HK) signs licensing agreement with Promise Biotechnology (Zhuhai)
[Acquisition and sale]
Aobang Construction (01615.HK) plans to acquire the full share capital of DeZhi Capital for no more than HK$1.9 million
[Equity Incentives]
Samsonite (01910.HK): Proposed awarding of rewards in excess of 0.1% of personal limits in accordance with the share award scheme
[Increase or decrease holdings]
The controlling shareholder of Dongfeng Group Co., Ltd. (00489.HK) increased its holdings of the company's H shares by 3.32 million
Hongxin C&D (09930.HK) received 200,000 shares each from Executive Director and CEO Pan Yang and Executive Director and Co-Chief Financial Officer Tang Li
[Repurchase Cancellation]
HSBC Holdings (00005.HK) spent HK$209 million to repurchase 3.51 million shares on March 13
AIA (01299.HK) spent HK$193 million to buy back 3.1016 million shares on March 14
Gloria Ying (06821.HK) spent 498.14,400 yuan to buy back 493,400 A shares on March 14
Yum China (09987.HK) spent HK$30.79 million to buy back 90,000 shares on March 13
Swire Group A (00019.HK) spent HK$27.42 million to buy back 410,000 shares on March 14
Standard Chartered Group (02888.HK) spent £24.1363 million to buy back 3.65 million shares on March 13
Yao Ming Kangde (02359.HK) spent 2010 million yuan to buy back 373,500 A shares on March 14
Kuaishou-W (01024.HK) spent HK$19.927 million to buy back 392,000 shares on March 14
Yidu (International Holdings) (00259.HK) spent HK$2.99 million to buy back 884,000 shares on March 14
Xiaomi Group-W (01810.HK) cancelled 161.5 million shares on March 14