share_log

鑫苑物业服务集团有限公司(01895.HK)

Xinyuan Property Services Group Co., Ltd. (0189.HK)

長雄證券 ·  Sep 26, 2019 00:00  · Researches

Summary of duties

Marketplace provides property management services in China. As of March 31, 2019, the property industry under contract management was located in more than 35 cities in China, including Luozhou, Lannan, Xi'an, Chengdu, Luozhou, Beijing and Shanghai. According to the data, cluster ranks 33rd among Chinese property management companies in terms of total revenue in 2018. Based on the relevant data of the China property Management Association, the Shanghai E-House Real Estate Research Institute and the China Real Estate Development Center, in terms of the index level based on, among other things, the number of property management companies in the management area, performance statement, owner satisfaction and certification items, Jili ranked 12th among Chinese property management companies in 2018. The collection provides a wide range of services to property developers, owners and residents before and after delivery so that they can enjoy community life. These services can be divided into three main business lines, namely, property management services; value-added services; and pre-delivery and query services.

Thank you very much.

One of the property management companies that provide robust service packages for rapid development

The advanced information technology system provides strong support for the rapid development of collection services.

Customer service, the customer satisfaction of the collection is very high.

Negative factor

It may not be able to manage the filling industry according to design, which may have a significant adverse effect on business, business conditions and operating expenses.

Collective planning to participate in more property management projects developed by third-party developers and this may lead to a reduction in the overall gross profit margin of property management services.

On July 31, 2019, the collection recorded the value of the flow statistics. If they fail to generate sufficient financial flows as expected to meet their current and future operating needs, they may be forced to postpone or release their financial plans.

The purpose of the income

About 60.0% is used for exhibition property management services, demand for strategic collection and investment opportunities.

About 15.0% is used as the service type provided by expanding the value-added service line.

About 15.0% is used for upgrading and developing own information technology and intelligent systems.

About 10.0% is used for general financial assistance.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment