Financial

DOWN

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