Summary of Interim Results 2022 slide image

Summary of Interim Results 2022

Available cash management • • Generating new sources of cash inflows Improving cash collection efficiency Average mortgage loan days were 19 days earlier compared with the same period of last year Attributable cash collection ratio of newly signed contracts increased by two percentage points Insulating risks from business partners To improve the efficiency of use of funds at project level for both parties, the Company has initiated project separation with 39 partners Comprehensive review of assets revitalized 6.9bn in the 1H22, serving as an effective supplement to company's cash flow ✓ Short to mid-term cash flow management Rolling Weekly Funding Plan "Project - Region - Group" Three-level cash flow management Rolling cash flow plan for the next 12 months Establishing closed-loop management according to sales fluctuations, the condition of direct financing channels, debt maturity arrangements, cash, and other factors Net operating cash flow keep positive in 1H 2022 Cash Flow 1H 2022 ✓ COUNTRY GARDEN 碧桂園 Reducing expenditure Rescheduling construction progress according to sales Actively control 'invalid output', particularly from slow-flow projects, to reduce future payment pressure Revitalize funds and arrange expenditures flexibly Encouraging legitimate use of funds in the escrow account for project level payments, to mitigate the reliance on group level cash ✓ Control on expenses Breaking down the types of expenses and reduce unnecessary expenses through tightening business hospitality standards, reducing the use of outsourcing, etc.; Value (RMB bn) Cash collection from sales and other cash inflow Expenditure on land and construction 180.28 -135.53 Tax expenses and other cash outflows Net operating cash inflow -39.50 projected outputs, focusing on projects under construction instead of project nearly sold out 5.25 Budget is allocated according to 30° 初心·良心·匠心 13
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