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1、Vankes profitstatement201120102009%Gross revenue71,782,749,800.650,713,851,442.48,881,013,143.0.420.04operating cost56,716,379,546.639,581,842,880.941,122,442,525.0.43-0.04operating cost43,228,163,602.130,073,495,231.134,514,717,705.0.44-0.13Business tax and additional7,778,786,086.495,624,108,804.7
2、43,602,580,351.0.380.56Sales cost2,556,775,062.262,079,092,848.941,513,716,869.30.230.37Management2,578,214,642.301,846,369,257.591,441,986,772.20.400.28Finance costs509,812,978.62504,227,742.57573,680,423.040.01-0.12Asset impairment loss64,627,174.84(545,451,004.)(524,239,596.)-1.120.04Add:losses o
3、n the changes in the fair price(2,868,565.33)(15,054,493.43)2,435,350.77-0.18-7.18Return on investment699,715,008.48777,931,240.02924,076,829.10-0.10-0.16Investments in associated enterprises and joint ventures643,987,754.62291,703,045.44541,860,864.681.21-0.46Operating profit15,763,216,697.11,894,8
4、85,308.28,685,082,798.00.330.37Add: non-operating income76,186,678.4271,727,162.8270,678,786.740.060.01Reduction: non-business expenses33,520,955.2925,859,892.03138,333,776.60.30-0.81Disposal of non-current assets loss1,144,283.451,211,776.171,577,638.38-0.06-0.23The total profit15,805,882,420.311,9
5、40,752,579.8,617,427,808.00.320.39Reduction: the income tax expenses4,206,276,208.553,101,142,073.982,187,420,269.40.360.42Net profit11,599,606,211.78,839,610,505.046,430,007,538.0.310.37Owners net profit attributable to parent company9,624,875,268.237,283,127,039.155,329,737,727.00.320.37Minority i
6、nterests1,974,730,943.541,556,483,465.891,100,269,811.0.270.41Earnings per shareBasic earnings per share0.880.660.480.330.38Diluted earnings per share0.880.660.480.330.38Other comprehensive income183,017,341.026,577,300.5362,370,848.2326.83-0.89Total comprehensive income11,782,623,552.78,846,187,805
7、.576,492,378,386.0.330.36The total amount of comprehensive income belongs to parent company owners9,807,892,609.257,289,704,339.685,392,108,575.0.350.35Total comprehensive income attributable to the minority shareholders1,974,730,943.541,556,483,465.891,100,269,811.60.270.41Analysis of total operati
8、ng revenue: main business is real estate and property management, in which the real estate revenue accounted for about 98% years, 09-11 has been in a rising state, 11 years compared with 10 years of growth in terms of a sales structure from 42% companies to disclose their mainly in Beijing and the G
9、uangzhou region caused by the extension of real estate business. Description of the main business advantages, continue to expand market share, is a very rare but also in the macro environment is not good situation of sustained high growth,Analysis of total operating costs: 11 years compared with 10
10、years grew 43% except for the 11 years the company business growth and material cost increases and rising wages, increase of 40% combined statements can know the rise cost management is mainly due to the rise of corporate executive compensation from the management cost is 10 years.Profit analysis: f
11、rom the table we can see that, in operating profit in 201 1 than in 2010 increased by 3868300000, a growth rate of 32.50%, increase in operating profit was mainly due to an increase in operating income, and the financial cost of relative income savings. Changes in financial costs during the period o
12、f no with significant growth in operating income and the corresponding increase, its growth rate is very small, the growth rate of 1.10%, compared to last year, basically unchanged, the reason from the financial cost of the table can be seen, a sharp lower interest payments fall, there is one capita
13、l the increase of expenditure.Sales cost analysis: from the completion of sales cost analysis table can be seen, the cost of sales than last year increased by 477682213 yuan, a growth rate of 22.98%. The main reason sales cost changes: one is the brand marketing and promotion expenses have bigger gr
14、owth, an increase of 31.71% over the previous year, followed by other changes, an increase of 32.29% over the previous year. At the same time, from the structure proportion, each share is relatively uniform sales expenses.Net profit analysis: net profit is the owner of the enterprise achieve financi
15、al results for the owners, or distribution or use of financial results. In 2011 net profit growth of 2759990000 in 2010, a growth rate of 31.20%, net profit growth is due to a total profit growth, two is due to the fact that the income tax of pay growth.As can be seen from the table of the financial results.Operating profit accounted for revenues accounted for 21.96%, relatively on year drop 1.50%. Constitute the total profit for the year
