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Financial


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2022

31 December 2022

Balance Sheet Highlights

31 December 2022

Unit: RMB million
Total assets
194,466
Total equity
17,480
Contract liabilities
76,723
Cash and bank balance
9,250
Total debt
60,750
Net debt to total equity ratio
294.60%
Current ratio
1.0
Weighted average cost of borrowings
6.8%

For the year ended 31 December 2022

Income Statement Highlights

For the year ended 31 December 2022

Unit: RMB million
Revenue
25,895
Gross profit
1,749
Loss for the period
-14,617
Core loss for the period1
-3,551

Note 1: represents the net profit/loss excluding changes in fair values of investment properties and financial assets, exchange gain or loss, gains or losses on disposal of financial assets, impairment

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