001914 China Merchants Property Operation & Service
- 13.38
- +0.99+7.99%
China Merchants Property Operation & Service News
Investment balance (001914.SZ): The operating costs of the company's property management business in 2023 accounted for 96.09% of the total operating costs
Gelonghui, May 13 | Investment Savings (001914.SZ) stated on the investor interactive platform that the operating costs of the company's property management business in 2023 accounted for 96.09% of the total operating costs.
Investment balance (001914.SZ): Election of Lu Bin as chairman
Gelonghui, May 6 | China Merchants Savings (001914.SZ) announced. Recently, the board of directors of China Merchants Savings Industry Operation Service Co., Ltd. received Mr. Nie Liming's written resignation report. Mr. Nie Liming resigned as chairman of the company, director, and chairman of the Strategy and Sustainable Development Committee under the board of directors due to job transfers. After his resignation, he will no longer hold any position in the company and will serve as China Merchants Group Co., Ltd., the actual controller of the company. On May 6, 2024, the 19th meeting of the 10th board of directors of the company deliberated and passed the “Proposal on Election of the Chairman of the 10th Board of Directors of the Company” (10 votes agreed, 0
Investment balance (001914.SZ): Net profit of 191 million yuan in the first quarter increased 3.34% year over year
On April 25, Ge Longhui (001914.SZ) released its report for the first quarter of 2024. Operating income for the reporting period was RMB 3,725 million, up 12.67% year on year; net profit attributable to shareholders of listed companies was 191 million yuan, up 3.34% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was RMB 181 million, up 10.47% year on year; and basic earnings per share were 0.1,798 yuan.
Tianfeng Securities: It is expected that the real estate supply side will clear up or basically end in '24, and I am optimistic that supply and demand policies will work in both directions
Demand is unstable, policies continue, and we are optimistic that good production, supply and demand policies will continue to drive the sector market.
Investment balance (001914.SZ): By the end of 2023, more than 3,200 cabinets had been installed
Gelonghui, April 18 | Investment Savings (001914.SZ) said on the investor interactive platform that in line with owners' lifestyle service needs, the company is actively incubating cabinet businesses such as vending machines and water/milk dispensers, and has installed more than 3,200 cabinets by the end of 2023.
Ping An Securities: The quality and dividends of property stocks improved in 23 years, and the allocation value gradually became prominent
Currently, the valuation of mainstream property companies is still at a historically low level. The superposition dividend ratio has increased, the dividend ratio is becoming more attractive, and the allocation value is gradually becoming prominent.
Investment balance (001914.SZ): On April 10, 2024, the total number of shareholders in the company's consolidated financing and securities lending credit accounts was 2,1386
Gelonghui, April 15 | Investment Savings (001914.SZ) stated on the investor interactive platform that on April 10, 2024, the total number of shareholders in the company's consolidated financial and securities lending credit accounts was 21,386, and the total number of shareholders in unconsolidated financial securities credit accounts was 20,092.
Investment balance (001914.SZ): Net profit for 2023 increased by 23.96% to 736 million yuan, proposed to pay 10 to 1.7 yuan
On March 15, Ge Longhui (001914.SZ) announced the 2023 annual report. In 2023, the company achieved operating income of 15.627 billion yuan, an increase of 19.99%; net profit attributable to shareholders of listed companies was 736 million yuan, an increase of 23.96% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 659.5 million yuan, an increase of 32.12% year on year; basic income per share was 0.6939 yuan; it plans to distribute a cash dividend of 1.7 yuan (tax included) to all shareholders for every 10 shares.
Tianfeng Securities: Real estate incremental policy opens up room to focus on positive changes in price signals
Demand is unstable and policies continue, and I am optimistic that the two-way strength of supply and demand policies will continue to drive the sector market.
Tianfeng Securities: It is expected that supply-side clearance will basically end in '24, and I am optimistic that supply and demand policies will continue to drive the real estate market in both directions.
On January 27, the General Office of the Guangzhou Municipal People's Government issued the “Notice on Further Optimizing Policies and Measures for the Stable and Healthy Development of Our City's Real Estate Market”.
Investment balance (001914.SZ): On January 19, 2024, the total number of shareholders in the company's consolidated financing and securities lending credit account was 1,001
Gelonghui, January 23 | Investment Savings (001914.SZ) said on the investor interactive platform that according to data provided by China Securities Registration and Settlement Co., Ltd., on January 19, 2024, the total number of shareholders in the company's consolidated financial and securities lending credit accounts was 18,001, and the total number of shareholders with unconsolidated financial securities credit accounts was 16,968.
Zhongtai Securities's 24-year property strategy: real estate-related businesses further decline leading companies or gradually increase dividend distribution rates
According to a research report released by Zhongtai Securities, property and real estate have been further decoupled, and the share of revenue and profit from real estate-related businesses in financial reports has declined further, and impairment from real estate business has also decreased marginally. In addition, leading property companies are gradually increasing their dividend distribution ratio. As the property industry reduces large-scale mergers and acquisitions and enters a period of steady growth, the distribution rate is expected to increase further.
Caixin Securities: The urbanization process continues to advance, and demand in the property management industry continues to grow
Caixin Securities believes that the main sources of revenue for property management companies are property management fees and value-added services, and that expanding the management area is an important direction during the growth period of the industry.
Tianfeng Securities: How to interpret the sales data of the top 100 real estate companies in November?
It is expected that the sales growth rate of housing enterprises will remain under pressure in December. The cumulative year-on-year decline of the top 100 is expected to exceed 10% throughout the year.
Tianfeng Securities: How to interpret the “White List of Housing Enterprises” and “Three Not Less Than”?
Demand is unstable and policies are not stopping. I am optimistic that the simultaneous efforts of supply and demand policies will continue to drive the sector market, and I am concerned about poor expectations of financing support.
Galaxy Securities: Real estate sales in September improved sharply month-on-month, demand is expected to receive further support
The monthly sales area in September was 108.5738 million square meters, down 10.14% year on year, 47% month on month, sales amount was 1091,212 billion yuan, down 13.55% year on year, and up 41.57% from August.
Ping An Securities: The decline in real estate sales started in September narrowed, short-term suggestions focus on policy gaming opportunities
The short-term proposal focuses on policy game opportunities, and continues to be optimistic about high-credit housing enterprises that actively acquire land to improve asset quality, financing, and sales advantage.
Investment savings (001914.SZ): Currently, there are more than 200 dry cleaning stores in Zhengzhang
On the investor interactive platform, GLONGHUI (001914.SZ) said on the investor interactive platform that there are currently more than 200 dry cleaning stores in Zhengzhang. In the future, it will provide high-quality differentiated professional cleaning services guided by customer needs, deeply cultivate the Shenzhen and Xi'an regional markets, thoroughly implement the integrated strategy, and rely on the Jiahui platform and Jiyu City Company to provide national dry cleaning platform production and operation services to the market.
Investment savings (001914.SZ): Net profit increased 26.65% in the first half of the year to 419 million yuan
GLONGHUI, August 24 | China Merchants Savings (001914.SZ) announced its 2023 semi-annual report. Operating income for the reporting period was 6.978 billion yuan, up 23.58% year on year; net profit attributable to shareholders of listed companies was 419 million yuan, up 26.65% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 385 million yuan, up 46.79% year on year; basic earnings per share were 0.3955 yuan.
CITIC Securities: Maintains CNOOC Property Purchase Rating Target Price of HK$10.7
CITIC Securities released a research report stating that it maintained the “buy” rating of CNOOC Properties (02669) and maintained the 2023/2024/2025 EPS forecast of HK$0.51/0.65/0.83. Referring to the current valuation level of 17-26 times PE in 2023 for comparable companies such as China Resources Vientiane Life, Investment Savings, and Poly Property in 2023 (Wind agreed expectations), the company was given 21 times PE in 2023, corresponding to a target price of HK$10.7. The company's mid-term performance achieved steady and rapid growth, and proved the stability of its profitability, value-added services and professionalism Engineering service capabilities, and products
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