Compared with last year, the number of saleable houses in the current period decreased, and most of the items on sale were in the later period. The newly-added self-developed projects did not meet the conditions for revenue recognition, resulting in a sharp decrease in the income of real estate business in the current period compared with the previous period, resulting in a decrease in the performance of real estate business by about 0.8 to 6,543.80 billion yuan.
Affected by the punishment of false statements made by China Securities Regulatory Commission in the previous period, the Company is facing shareholder litigation compensation in this period. According to the case submission of the court litigation service platform and the determination of judicial documents, it is preliminarily estimated that the company will need to accrue about 250 million to 400 million yuan in shareholder litigation compensation expenditure in 20021year.
Some mining rights of the company's overseas mines do not meet the company's mining requirements, and the proportion of resources dumped is reduced, which cannot meet the economic mining conditions. According to the preliminary results of feasibility study and impairment test of this part of assets conducted by Mingar Jinyuan Company, it is estimated that the total impairment loss of non-current assets to be accrued is between 30 million and 40 million Australian dollars, equivalent to about RMB10.5-2 billion yuan. Affected by the change of 360 stock price, the project of Qihoo 360 Technology Co., Ltd. invested by the company through Shenzhen Tianying Huixin Investment Center is expected to confirm the loss of fair value change of about 0 to 7.09 billion yuan.
The company analyzes other receivables, and according to the recoverable situation, it is estimated that the credit impairment loss is about 0.8-/kloc-0.30 billion yuan, and the garden engineering business of the company is about 0.2-0.30 billion yuan according to the accounts receivable and contract assets, and the total credit impairment loss is about/kloc-0.60 billion yuan.