恆盛地產(00845.HK)預期年度虧損約40億至43億元
格隆匯3月17日丨恆盛地產(00845.HK)發佈公吿,相比截至2020年12月31日止年度錄得公司擁有人應占溢利人民幣8100萬元,公司預期截至2021年12月31日止年度將錄得公司擁有人應占虧損約人民幣40億元至人民幣43億元。
有關虧損主要由於:(i)集團於該年度內只有兩個位於二線城市的項目有新一輪物業完工並交付使用,雖然本年度確認銷售收入較2020年增加約20%,但本年內確認的銷售收入金額依然處於非常低的水平。另一方面,本年內確認銷售收入的物業總面積較2020年上升約80%,但因其中有較大比例的面積來自於較低價格的二線城市物業而導致確認銷售單價下降超過25%至約每平方米人民幣9,500元。同時,本年內促銷庫存車庫亦拉低了確認的銷售單價。
(ii)集團本年內錄得負毛利率約30%,而2020年則為正毛利率40.9%。撇除對物業作出減值撥備而對毛利率產生的影響,因本年度較大比例確認收入的物業為較低價值、低毛利,集團該年度錄得的毛利率約為負1%,而2020年的毛利率則為42.4%;(iii)因本年內若干情況的改變,集團於該年度內繼續對物業作出減值撥備約人民幣9.7億元,較2020年的人民幣4230萬元增加超過20倍。減值撥備持續對本年度業績影響重大。
(iv)相較2020年錄得投資物業公平值收益人民幣19.02億元,集團預計於該年度內錄得遠小於去年金額的投資物業公平值收益╱虧損;及(v)於該年度內財務費用總額雖有下降但依然處於高水平,而且大部分利息開支無法資本化為物業開發成本。該年度內無法資本化而直接記帳為當期費用的利息開支較2020年增加超過30%,並繼續構成本年度業績虧損的重大因素。
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