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建发物业(02156.HK):合约在管比暂居板块首位 领先行业布局养老服务

C&D Property (02156.HK): The contract is temporarily ranked first in the management ratio sector, leading the industry to lay out old-age services

嘉和家業 ·  Apr 1, 2022 00:00  · Researches

Core views:

On March 25, C&D Property released its 2021 annual performance report. Corporate contracts temporarily ranked first in the management ratio sector, and growth is highly certain.

As of the end of 2021, the total area under management of C&D property was 33.39 million square meters, an increase of 28.9% over the previous year; the contract area was 73.871 million square meters, an increase of 56.6% over the end of 2020.

During the reporting period, the company recorded operating income of 1,557 million yuan, an increase of 51.3% over the same period in 2020; gross profit of 389 million yuan, an increase of 54.7% over the previous year; net profit of 161 million yuan, an increase of 50.7% over the previous year; and the net interest rate was 10.4%, the same as in 2020.

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