Huaxia Happiness's sales in the first half of the year exceeded 80 billion yuan, and its net profit increased by nearly 30% year-on-year

On the evening of 28th, Huaxia Happiness (600340. SH) Release the performance report for the first half of 20 18. The report shows that in the first half of 20 18, Huaxia Happiness achieved an operating income of 34.974 billion yuan, a year-on-year increase of 57.13%; The net profit attributable to shareholders of listed companies was 6.927 billion yuan, a year-on-year increase of 29.05%. During the reporting period, the company achieved sales of 80.504 billion yuan, a year-on-year increase of 65,438+05.63%. The striking business of the industrial new city will become a new development motive force in the future.

In the first half of 20 18, Huaxia Happiness achieved sales of 80.504 billion yuan, a year-on-year increase of 15.63%. Among them, the contracted sales of real estate business is about 63.8 billion yuan, accounting for about 79%; The settlement income of industrial new town business park is about151000000 yuan, accounting for about19%; The sales of other businesses (property and hotels) is about 65.438+0.5 billion yuan, accounting for about 2%. The research report issued by Chuancai Securities commented that Huaxia's happy sales are stable and the replication in different places has achieved remarkable results. People's Daily reporter noted that according to Kerry statistics, the sales amount of Huaxia Happiness Rights and Interests ranked eighth in the industry.

From the institutional point of view, while maintaining stable sales, the replicable project promotion model of Huaxia Happiness will also become the main driving force of Huaxia Happiness. According to the performance report, Huaxia Happiness has signed a new PPP project cooperation agreement 10, including 8 industrial new town projects and 2 industrial town projects, all of which are located in non-Beijing-Tianjin-Hebei regions. The proportion of core business sales in non-Beijing-Tianjin-Hebei region reached 38.63%, an increase of 25 percentage points over the same period of last year.

There are 288 new enterprises in non-Beijing-Tianjin-Hebei region, accounting for 64.72% of the total; The newly signed investment reached 74.50 billion yuan, accounting for 77. 15% of the total.

From 2065438 to February 2008, Hubei Tuanfeng Industrial New Town, Zhejiang Nanxun Industrial New Town and Henan Xinzheng Industrial New Town developed by Huaxia Happiness were selected as the fourth batch of PPP demonstration projects of the Ministry of Finance, and the PPP model of Huaxia Happiness Industrial New Town was recognized again. This is also the growth pole of Huaxia Happiness's new replication performance in different places after Nanjing and Hangzhou.

Huaxia Happiness's profitability continued to improve, helping the business to develop steadily. This report shows that in the first half of 20 18, Huaxia Happiness's operating income was about 34.974 billion yuan, up about 57.13% year-on-year; The net profit attributable to the parent company was about 6.927 billion yuan, a year-on-year increase of about 29.05%; The net interest rate is about 19.85%.

With its steady operation and excellent business model, Huaxia Happiness has formed a smooth and diversified financing channel with strong financing ability. In the first half of the year, Huaxia Happiness also actively expanded financing channels to ensure sustained and high-quality development.

The performance report shows that Huaxia Happiness successfully issued 8.4 billion yuan of corporate bonds, 2.5 billion yuan of ultra-short-term financing bonds and 200 million US dollars of overseas bonds in the first half of the year, and maintained long-term cooperative relations with banks and other financial institutions, with sufficient credit lines and stable loan interest rates. The overall average financing cost of Huaxia Happiness in the first half of the year was about 6. 14%, of which the average interest cost of bank loans was 5.99%, the average interest cost of bonds was 5.95%, and the average interest cost of other financing such as trust and asset management was 6.83%.

According to the research report released by changjiang securities, the financing cost of Huaxia Happiness has increased by about 0. 16 percentage points compared with 20 17, and remained at a controllable level. The debt level of Huaxia Happiness is generally stable, and the cash on hand is enough to cover the due debts, of which the asset-liability ratio is about 82. 10%, the real debt ratio after deducting the advance receipts is about 45.08%, the net debt ratio is about 99.85%, and the monetary fund coverage ratio is about 170%.

According to the data, from 2065438 to the first half of 2008, the total group credit granted by the company was 356.5 billion yuan, of which the used credit line was about 63.268 billion yuan.

On July 10, the controlling shareholder of Huaxia Happiness reached an equity transfer agreement with Ping An Asset Management, and agreed to transfer about 582 million shares (accounting for about 19.70% of the company's total share capital) to Ping An Asset Management by means of agreement transfer at a transfer price of 23.655 yuan/share. The controlling shareholder promises that the performance growth rate from 20 18 to 2020 will not be less than 30%. On August 10, all parties signed a supplementary agreement, and China Ping An Life Insurance Company of China Insurance Company was the actual transferee of this equity transfer. His shareholding in China Ping An Life Insurance Company of China Insurance Company also showed his confidence in the future development.

At present, Huaxia Happiness Company has obtained the "AAA" main credit rating from many top domestic rating companies such as China Chengxin, Lianhe and Dongfang Jincheng. During the reporting period, the company was also rated as an independent company by Fitch, an international credit rating agency, with a stable outlook.

People's Daily reporter learned that changjiang securities, BOC International and Chuancai Securities rated Huaxia Happiness as "overweight", Founder Securities as "strongly recommended" and Northeast Securities as "buy".

In addition, Huaxia Happiness specifically pointed out in the report that it is necessary to actively integrate resources, take leading enterprises as the guide, and build high-end industrial clusters with high technology content and strong demonstration drive for the region according to local conditions. Fortune 500 companies such as Faurecia (Shenyang) Auto Parts System Co., Ltd. and large leading enterprises such as Mianyang Brilliance Ruian Auto Parts Co., Ltd., Shenyang Changjiang Source Technology Development Co., Ltd., Brand Field Co., Ltd., Shanghai Fu Shang Plastic Products Co., Ltd. and Hangzhou Hengli Manufacturing Technology Co., Ltd. have successively signed contracts in the park, with leading enterprises as the guide, promoting the cluster gathering of upstream and downstream enterprises in the industrial chain and expanding the regional industrial influence.