00606 SCE CM
- 0.275
- +0.010+3.77%
SCE CM News
Performance is polarized, is your residential property OK?
High-quality property companies that have returned to the cash cow logic at this stage may be able to regain the favor of fundamental investors through steady management and high dividends; for investors with higher risk appetite, those property companies that continue to make progress in expanding and cultivating value-added businesses with third parties may also have a high value of attention.
Investors Don't See Light At End Of SCE Intelligent Commercial Management Holdings Limited's (HKG:606) Tunnel And Push Stock Down 29%
The SCE Intelligent Commercial Management Holdings Limited (HKG:606) share price has fared very poorly over the last month, falling by a substantial 29%. The recent drop completes a disastrous twel
SCE Intelligent Commercial Management See Nearly 25% Profit Boost in 2023
SCE Intelligent Commercial Management Holdings (HKG:0606) reported a profit attributable to owners of the parent of 257 million yuan for the year ended Dec. 31, 2023, 23.5% higher than the previous ye
中駿商管：2023年年報
Zhongjun Commercial Management (00606) announces 2023 annual results. Profit attributable to shareholders of 257 million yuan increased by 23.5% year-on-year
According to the Zhitong Finance App, Zhongjun Commercial Management (00606) announced the results for the year ended December 31, 2023. The group achieved revenue of 1,248 billion yuan (RMB, same below) during the period, an increase of 5.5% over the previous year; profit attributable to the owner of the parent company was 255 million yuan, an increase of 23.5% over the previous year; and the basic profit per share was 12.9 points. According to the announcement, the increase in revenue was due to the combined impact of an increase in construction area under management and a decrease in revenue from value-added services. As of December 31, 2023, the total number of contracted commercial properties (including shopping malls and office buildings) was 39, with a total contracted construction area of about 5 million square meters
SCE CM: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Everbright Securities: Stable property fundamentals, slow release of risk factors, seize lower sector allocation opportunities
Property fundamentals are stable, risk factors are mitigated, and opportunities at the bottom of the sector are seizing allocation opportunities.
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.
CITIC Securities: Steady progress in the property industry, leading the way and continuing to grow
The Zhitong Finance App learned that CITIC Securities released a research report saying that the basic stock market in the property industry is stable, cost-side pressure is low, and performance transparency is high. If enterprises can control repayment risks during growth and expansion, then it is entirely possible for companies to achieve a steady increase in performance.
Estimating The Intrinsic Value Of SCE Intelligent Commercial Management Holdings Limited (HKG:606)
Key Insights The projected fair value for SCE Intelligent Commercial Management Holdings is HK$0.65 based on 2 Stage Free Cash Flow to Equity Current share price of HK$0.74 suggests SCE Intelligent
Zhongjun Group Holdings plans to sell the Ole shopping mall complex in Mentougou District, Beijing to Zhongjun Business Management
Zhongjun Group Holdings (01966) and Zhongjun Business Management (00606) jointly announced that on November 6, 2023, Zhongjun Asset Holdings Co., Ltd., an indirect wholly-owned subsidiary of Zhongjun Group Holdings (01966), intends to sell all of the issued shares of Jushi Development Co., Ltd. to Gaosi Enterprise Co., Ltd., an indirect wholly-owned subsidiary of Zhongjun Business Management (00606); and the seller has agreed to facilitate the transfer of sales debt from Junhui Real Estate (a wholly-owned subsidiary of Zhongjun Business Management) to Zhongjun Commercial Management (a wholly-owned subsidiary of Zhongjun Business Management) at a cost of about RMB 1.09 billion. The price will be partly based on Zhongjun Business Management's internal resources and
Zhongjun Group Holdings (01966.HK) sells all of Jushi Development's shares to Zhongjun Business Management Group
Gelonghui November 6 | Zhongjun Group Holdings (01966.HK) announced that on November 6, 2023, the seller (an indirect wholly-owned subsidiary of Zhongjun Group Holdings Co., Ltd.) and the buyer (an indirect wholly-owned subsidiary of Zhongjun Business Management) entered into a sales agreement. According to this, (i) the buyer has agreed to the acquisition and the seller has agreed to sell the sales shares, which is equivalent to the total issued share capital of the target company Jushi Development Co., Ltd.; and (ii) the seller has agreed to promote the full management of Junhui Real Estate (a wholly owned subsidiary of Zhongjun) to Zhongjun Commercial (Zhongjun Commercial Management) (Subsidiaries) Transfer and Sales debt, and the buyer has agreed to push
Zhongjun Business Management (00606) cancelled 80 million shares on September 21 and repurchased shares
Zhongjun Business Management (00606) announced that on September 21, 2023, the company's cancellation of 80 million shares has been returned...
SCE CM: Interim Report 2023
Zhongjun Business Management (00606.HK) spent HK$206.13 million to repurchase 17.75 million shares on September 6
GLONGHUI, September 6丨Zhongjun Business Management (00606.HK) issued an announcement. On September 6, 2023, it spent HK$206.13 million to repurchase 17.75 million shares, at a repurchase price of HK$1.15-1.17 per share.
On September 5, Zhongjun Business Management (00606.HK) spent HK$246.62 million to repurchase 21.06 million shares
GLONGHUI September 5: Zhongjun Business Management (00606.HK) issued an announcement. On September 5, 2023, it cost HK$246.42 million to repurchase 210.6 million shares, at a repurchase price of HK$1.16-1.18 per share.
Zhongjun Business Management (00606.HK) spent HK$19.3073 million to repurchase 16.55 million shares on September 4
Glonghui September 4, September 4丨Zhongjun Business Management (00606.HK) issued an announcement. On September 4, 2023, it spent HK$19.3073 million to repurchase 16.55 million shares, at a repurchase price of HK$1.15-1.19 per share.
CITIC Securities: Profitability of property service companies bottomed out and rebounded, recommending leading blue-chip companies and small and medium-sized high-dividend companies
CITIC Securities released a research report saying that in mid-2023, the weighted gross profit margin of the sample company was 16.5%, an increase of 0.28 ppts over the same period last year, and remained highly stable. The semi-annual report once again proves that the profitability of property service companies has not declined over time.
Zhongjun Commercial Management (00606) Announces Interim Results, Profit attributable to Shareholders of 138 million yuan increased 2.67% year-on-year
Zhongjun Business Management (00606) announced the interim results for the six months ended June 30, 2023. The group achieved...
SCE CM: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 JUNE 2023
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