00873 SHIMAO SERVICES
- 0.810
- +0.010+1.25%
SHIMAO SERVICES News
Shimao Services (00873.HK): Shao Liang appointed as Executive Director and President
On April 26, Ge Longhui | Shimao Services (00873.HK) announced that Ye Mingjie resigned from the position of executive director, president and authorized representative of the company due to personal career development reasons and the need to spend more time on his personal affairs and family, with effect from April 26, 2024. Shao Liang was appointed as the company's executive director, president and authorized representative with effect from April 26, 2024.
Shimao Services (00873.HK) will acquire a number of parking spaces and storage units from Shimao Group
Gelonghui, April 24, 丨 Shimao Services (00873.HK) announced that on April 24, 2024, a number of branches of Shanghai Runshang (an indirect wholly-owned subsidiary of the company) signed such agreements with certain indirect wholly-owned subsidiaries of Shimao Group. According to this, the Group will acquire a number of parking spaces and storage units from Shimao Group, with a total consideration of approximately RMB 36.473,000. The assets to be acquired under the first agreement are 180 parking spaces in the Guofeng Chang'an Project, a residential property project developed by Shimao Group. The address is located at No. 56 Licuoshan Road, Shangdu Street, Cangshan District, Fuzhou, Fujian, China. This item
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.
Shimao Group (00813) and Shimao Services (00873) both declined, Citigroup indicates weak property sales and investment and related services
Jinwu Financial News | Shimao Group (00813) continued to decline, hitting a new low of HK$0.285 in the intraday period. As of press release, it was reported at HK$0.29, still down 7.94%, with a turnover of HK$2.283,600. Additionally, Shimao Services (00873) fell 5.33% to HK$0.71, and saw an intraday price of HK$0.7, a record low. According to the Citigroup Research Report, Shimao Group's core net loss for fiscal year 2023 reached 14.5 billion yuan, hampered by financial assets and property inventory impairment provisions of 2 billion yuan and 3 billion yuan respectively. Considering the weakness of property sales and investment and related services, the world
Property management stocks were under overall pressure, Wanwuyun (02602) fell 4.21%, and the agency expects the sector to remain volatile in the 2nd quarter
Jinwu Financial News | Property management stocks followed the overall pressure on the real estate sector. Landsea Green Life (01965) fell 10.53%, Wanwuyun (02602) fell 4.21%, Shimao Services (00873) fell 3.85%, New Hope Services (03658) fell 3.66%, Excellent Commercial Enterprise Services (06989) fell 3.33%, and Country Garden Services (06098) fell 3.29%. CMB International said that the real estate and property management sector continued to fluctuate due to negative news related to developer debt repayment, and the bank believes the trend may be maintained in the second quarter. According to the bank, policy-side first-tier cities continue
The Shimao Services Holdings Limited (HKG:873) Analysts Have Been Trimming Their Sales Forecasts
Today is shaping up negative for Shimao Services Holdings Limited (HKG:873) shareholders, with the analysts delivering a substantial negative revision to this year's forecasts. This report focused o
Shimao Services Returns to Profit in 2023
Shimao Services Holdings (HKG:0873) recorded an attributable profit of 273.2 million yuan for 2023, against an attributable loss of 927.1 million yuan in 2022, a filing posted on the Hong Kong bourse
Shimao Services (00873) Announces 2023 Results Core net profit attributable to equity holders was approximately RMB 648 million, up 29.6% year-on-year
Shimao Services (00873) announced its 2023 results, with revenue of RMB 8.203 billion and gross profit of 16...
SHIMAO SERVICES: Annual Results for the Year Ended 31 December 2023
The Price Is Right For Shimao Services Holdings Limited (HKG:873) Even After Diving 26%
Shimao Services Holdings Limited (HKG:873) shareholders that were waiting for something to happen have been dealt a blow with a 26% share price drop in the last month. For any long-term shareholder
Shimao Services (00873.HK) plans to hold a board meeting on March 28 to approve annual results
Glonghui, March 18, 丨 Shimao Services (00873.HK) announced that the company will hold a board meeting on March 28, 2024 (Thursday) to approve (among other things) the annual results of the company and its subsidiaries for the year ended 31 December 2023 and to consider the payment of a final dividend, if any.
SHIMAO SERVICES: Date of Board Meeting
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.
Changes in Hong Kong stocks | Property management stocks continue their recent gains. Institutions expect an average annual growth rate of 3%-5% in the property management industry's revenue scale in the next three years
Property management stocks continued their recent gains. As of press release, Ocean Services (06677) rose 7.14% to HK$0.6; Shimao Services (00873) rose 4.55% to HK$1.15; Wanwuyun (02602) rose 4.52% to HK$19.44; and Hejing Youhuo (03913) rose 4.44% to HK$0.47.
Changes in Hong Kong stocks | Poly Industries (06049) rose more than 4%, leading property management stocks, state-owned real estate companies, financial security, central enterprise property management is expected to increase the dividend ratio
Property management stocks picked up in early trading. As of press release, Poly Industries (06049) rose 4.19% to HK$27.35; Shimao Services (00873) rose 3.06% to HK$1.01; China Resources Vientiane Life (01209) rose 2.97% to HK$22.5; and Sunac Services (01516) rose 3.01% to HK$1.71.
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.
Shareholders Should Be Pleased With Shimao Services Holdings Limited's (HKG:873) Price
With a median price-to-sales (or "P/S") ratio of close to 0.6x in the Real Estate industry in Hong Kong, you could be forgiven for feeling indifferent about Shimao Services Holdings Limited's (HKG:87
Shimao Services (00873) will acquire a number of parking spaces and storage units from Shimao Group for an investment of 406.63.54 million yuan
Shimao Services (00873) announced that on December 29, 2023, Shanghai Runshang (for this...
The rise in the property management sector expanded in the afternoon, and Hejing Youhuo (03913) rose 4.44%. Institutions say the industry is showing signs of gradual recovery
Jinwu Financial News | The rise in the property management sector increased in the afternoon. Hejing Youhuo (03913) rose 4.44%, Wanwuyun (02602) rose 3.97%, Shimao Services (00873) rose 3.42%, China Resources Vientiane Life (01209) rose 3.35%, Evergrande Property (06666) rose 3.26%, Country Garden Service (06098) rose 3.22%, and Xincheng Yue Service (01755) rose 2.98%. According to the news, Guoyuan International said that with the improvement of macroeconomic policies to regulate the real estate and other general environment, the property management industry is showing signs of gradual recovery. Furthermore, this month's central and
Changes in Hong Kong stocks | Most property management stocks rose, Hejing Youhuo (03913) rose more than 6%, and there is still room for steady improvement in the gross margin of the institutional materials industry
Property management stocks mostly rose. As of press release, Hejing Youhuo (03913) rose 6.67% to HK$0.48; Wanwuyun (02602) rose 2.71% to HK$24.6; and Shimao Services (00873) rose 2.56% to HK$1.2.
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