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HK Stock MarketDetailed Quotes
00873 SHIMAO SERVICES
- 0.810
- -0.010-1.22%
15min DelayNot Open May 15 16:08 CST
2.00BMarket Cap-6.81P/E (TTM)
0.820High0.790Low1.03MVolume0.810Open0.820Pre Close825.92KTurnover0.04%Turnover RatioLossP/E (Static)2.47BShares1.82052wk High0.24P/B2.00BFloat Cap0.65052wk Low--Dividend TTM2.47BShs Float27.550Historical High--Dividend LFY3.66%Amplitude0.650Historical Low0.802Avg Price1000Lot Size--Div YieldTTM--Div Yield LFY
SHIMAO SERVICES News
The Hong Kong overall property registration volume in April reached 7,229 transactions, a 5-month high.
According to the comprehensive data from the Land Registry provided by Midland Realty Research Center, in April, the total property registrations in Hong Kong (including new private homes, second-hand Residences, new public housing, commercial shops, parking spaces, and Other) amounted to a total of 7,229, representing a month-on-month increase of approximately 8.5% compared to 6,661 in March, reaching a five-month high and surpassing the 7,000 mark for the first time since last November.
SHIMAO SERVICES: 2024 Annual Report
[Brokerage Focus] CITIC SEC expects that the Property Service industry will encounter three major opportunities in 2025.
Jinguo Financial News | CITIC SEC believes that the Property Service Industry will迎来three major opportunities in 2025. First, the price mechanism is gradually being rationalized, pushing for a policy turning point that promotes quality services at competitive prices. It is expected that the current difficulties in collections may ease, and companies providing good services for quality properties will be more encouraged by policies; secondly, a turning point in enterprise operation quality. The bank expects that by 2025, the performance contribution of cyclical businesses (serving developers) to the Sector will drop to nearly zero, with the accrual of goodwill and receivables impairment peaking, leading to an expected performance growth rate of 9.7% in the Sector, with sustainable profitability expected to improve significantly; finally, companies will continue to increase Cash.
In March, the new contract area for the top 50 property management companies was approximately 68.03 million square meters.
According to the report from Ke'erui Property Management, in March, the TOP 50 companies added a contracted area of approximately 68.03 million square meters, and the scale of new third-party expansion reached 62.91 million square meters, with leading companies continuing to expand in scale.
CITIC SEC: Quality and price matching may become a direction encouraged by policy. The property Sector has significant upward elasticity in the future.
The bank suggests that investors pay attention to the policy turning point in the Property Service Sector.
From the 2024 Earnings Reports, looking at SHIMAO SERVICES (00873) and the strategic clarity behind its "give" and "take".
In 2024, SHIMAO SERVICES property management services achieved an income of 5.564 billion yuan, a year-on-year increase of 5.1%.
SHIMAO SERVICES (00873.HK) in 2024: Deepening service capability, empowering with Technology, and expanding ecological strength.
For observers of the Property Service Industry, a profound change is that over the past decade, China's property management industry has undergone a transformation from being "real estate affiliated" to an "independent track." Especially after the deep adjustment in real estate post-2020, the industry ecology has changed drastically — the incremental market has shrunk, competition among existing players has intensified, and the value of services has returned. In terms of industry ecology, against the backdrop of continuous risks faced by real estate companies, the independence of property companies has received unprecedented attention; from a policy perspective, the integration of "Property Service + Lifestyle Services" has forced property companies to shift from "land grabbing" to "refined operations;" in the Capital Markets, investors holding substantial capital.
SHIMAO SERVICES (873.HK) 2024 Annual Report: Focusing on a high-quality development path with multiple core Indicators rising against the trend.
On March 28, 2025, SHIMAO SERVICES Holdings Limited (873.HK) released its annual performance report for 2024. In a challenging Industry cycle, SHIMAO SERVICES themed "Reshape New Shoots, Grow Upwards" to summarize the year's development achievements. During the period, the company achieved revenue of 7.9 billion yuan, with non-related party income of 6.59 billion yuan. Despite a slight decline in revenue, the core net income for the parent company grew to 0.49 billion yuan, demonstrating the company's strategic adaptability and continually increasing profitability in the face of uncertain market trends. Additionally, the year saw an increase in annualized market expansion.
SHIMAO SERVICES (00873.HK) expects a property management service revenue of 5.56 billion yuan in 2024, a year-on-year increase of 5.1%.
On March 28, Gelonghui reported that SHIMAO SERVICES (00873.HK) announced its full-year results for the period ending December 31, 2024, with revenue of RMB 7.896 billion. Among this, property management service income was RMB 5.56 billion, accounting for 70.5% of total income, a year-on-year growth of 5.1%; gross profit was RMB 1.564 billion; the core Net income attributable to equity holders of the company was RMB 0.492 billion. The area under management achieved a total of 218.4 million square meters, with contracted building area totaling 314.3 million square meters. The gross margin was 19.8%, with the core Net income attributable to equity holders of the company.
Shimao Services Reports Revenue Decline and Operating Loss for 2024
SHIMAO SERVICES (00873) released its annual performance with a gross profit of 1.564 billion yuan and a newly added annualized contract amount of 1.483 billion yuan, an increase of 28.2% year-on-year.
SHIMAO SERVICES (00873) announced its full-year results for the year ending December 31, 2024, with revenue of 7.896 billion yuan...
Express News | Shimao Services Holdings FY Operating Income RMB -157.7 Million
Express News | Shimao Services Holdings FY Basic EPS RMB -0.11
Express News | Shimao Services Holdings FY Net Income Attributable RMB 273.2 Million
Express News | Shimao Services Holdings FY Pretax Profit RMB -147.7 Million
Express News | Shimao Services Holdings FY Revenue RMB 7,895.5 Million
SHIMAO SERVICES: Annual Results for the Year Ended 31 December 2024
Hong Kong Property: In March, the number of Residence registrations in Hong Kong is expected to reach 5,000 cases, setting a new four-month high.
As of the 24th of this month, Hong Kong's Residence properties (including first-hand private housing, second-hand private housing, and second-hand public housing) have recorded 3,974 registrations.
Hong Kong Property: It is expected that the overall property registration volume in Hong Kong will rise to 5,000 cases in March.
According to Wang Pindi, Director of the Research Department of Hong Kong Real Estate, data from the Land Registry shows that as of this month (up to the 17th), Hong Kong has recorded a total of 2,908 property registrations (including new private residences, second-hand Residences, new public housing, commercial shops, pure parking spaces, and Other non-residential properties), an increase of approximately 16.6% compared to 2,493 registrations in the same period last February.
SHIMAO SERVICES (00873.HK) held a Board of Directors meeting on March 28 to approve the full-year performance.
Gelonghui, March 18丨SHIMAO SERVICES (00873.HK) announced that the company will hold a Board of Directors meeting on March 28, 2025 (Friday) to approve the annual performance and its release of the company and its subsidiaries for the year ending December 31, 2024, as well as to consider the proposal for the final dividend distribution (if any).