Source: time Weekly author: Li Xinting
In 2021, the scale of the property sector of the capital market continues to grow. According to the data of the Middle Index Research Institute, as of May 20 this year, a total of 44 property service companies have landed in the capital market, and another 19 have submitted their forms and are in the sprint stage.
Dongyuan Renzhi City Operation Service Group Co., Ltd. (hereinafter referred to as "Dongyuan Renzhi Service Group"), which is also in the sprint period, has seen steady growth in its performance in recent years. According to the prospectus, Tohara earned 387 million yuan, 559 million yuan and 767 million yuan respectively from 2018 to 2020. As of December 31, 2020, Dongyuan Renzhi has a total of 227property projects under management, covering 38 cities, with a total construction area of about 21.1 million square meters.
On November 16th, at the 2021 China Real Estate Times Top 100 Forum sponsored by Guangdong time Media Group Co., Ltd., sponsored by time Weekly, time Finance and time data, Heng Qingda, vice chairman and co-president of Dongyuan Renzhi Service Group, shared his views on the property management industry.
In Heng Qingda's view, the unique attributes of the industry and changes in the macro environment have contributed to the high popularity of the property management industry in the capital market in recent years. Real estate is the asset development model, and the business is closely related to the process of urbanization, while the property management business is anti-cyclical, which is a light asset, light liability, high ROE business. In addition, after the outbreak of the epidemic, people's demand for property quality has become higher, so the property has been sought after by the capital market.
At present, various property enterprises have rushed to the capital market, Heng Qingda believes that with the increasing number of listed property enterprises, the capital market will gradually return to rationality. "the property management industry is a track that needs long-term development. Only those enterprises that have the quality of service and can create value for the owners and the society can come to the end." Heng Qingda said.