03658 NEW HOPE SERV
- 1.620
- -0.020-1.22%
NEW HOPE SERV News
Why New Hope Service Holdings' (HKG:3658) Earnings Are Better Than They Seem
New Hope Service Holdings Limited's (HKG:3658) recent earnings report didn't offer any surprises, with the shares unchanged over the last week. We did some analysis to find out why and believe that i
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.
新希望服務：2023年度報告
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
New Hope Service Logs Slightly Higher 2023 Profit; Declares Dividend
New Hope Service Holdings' (HKG:3658) attributable profit for the year ended December 2023 was 215 million yuan, representing an increase of 5.9% as compared to 203 million yuan in the previous year,
Understand the 2023 annual results of New Hope Service (03658.HK)
On the evening of March 26, New Hope Service (03658.HK) announced its annual results for the year ended December 31, 2023. The company's revenue reached RMB 1,261 billion, an increase of 10.7% over the previous year. Among them, property management services achieved revenue of RMB 647 million, accounting for 51.3% of total revenue, an increase of 32.5% over the previous year. Annual profit attributable to equity shareholders of the company was RMB 215 million, up 5.9% year on year; net operating cash flow reached 335 million yuan, up 87% year on year. A final interest of RMB 0.091 per share is proposed. The following will explain the New Hope Service through a picture (0
NEW HOPE SERV To Go Ex-Dividend On May 16th, 2024 With 0.10025 HKD Dividend Per Share
March 26th - $NEW HOPE SERV(03658.HK)$ is trading ex-dividend on May 16th, 2024. Shareholders of record on May 17th, 2024 will receive 0.10025 HKD dividend per share on May 30th, 2024. The ex-divi
New Hope Services (03658.HK) Announces Annual Results Property Management Services Revenue Increased by 32.5% to Further Deep-link New Hope Group
On March 25, GLONGHUI | New Hope Service (03658.HK) announced that for the year ended December 31, 2023, the company's revenue reached RMB 1,260.7 million, an increase of 10.7% over the same period in 2022 of RMB 1,138.9 million. Among them, property management services achieved revenue of RMB 647.0 million, accounting for 51.3% of total revenue, an increase of 32.5% over revenue of RMB 488.3 million for the same period in 2022; commercial operation services achieved revenue of RMB 153.6 million, accounting for 12.2% of total revenue, compared with revenue for the same period in 2022
New Hope Services (03658) will pay a final dividend of $0.091 per share on May 30
According to the Zhitong Finance App, New Hope Service (03658) announced that the company will pay a final dividend of RMB 0.091 per share on May 30, 2024.
NEW HOPE SERV: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
New Hope Services (03658.HK) will hold a board meeting on March 25 to approve annual results
On March 13, GLONGHUI | New Hope Service (03658.HK) issued an announcement. The board of directors of the company will hold a board meeting on March 25, 2024 to consider and approve the annual results and announcements of the company and its subsidiaries for the year ended December 31, 2023, and to consider the payment of a final dividend (if any).
New Hope Services Announces Appointment of Li Wei as Non-Executive Director
New Hope Services (03658) announced that Dong Li, a non-executive director, has submitted his resignation to resign due to his intention to invest more time in his other business and personal affairs, effective March 6, 2024. At the same time, Dong Li will be transferred to the position of senior strategic development adviser to the board of directors to help the company's strategic development. Furthermore, Li Wei has been appointed as a non-executive director with effect from March 6, 2024.
New Hope Service (03658.HK): Li Wei appointed as non-executive director
Gelonghui, March 6 | New Hope Service (03658.HK) announced that due to his intention to invest more time in his other business and personal affairs, Dong Li has submitted his resignation to resign, effective March 6, 2024. At the same time, Dong will be transferred as a senior strategic development advisor to the board of directors to help the company's strategic development. The board further announced that Li Wei has been appointed as a non-executive director with effect from March 6, 2024. The board of directors further announced that Wu Min, executive director and co-chairman of the board of directors, has been reassigned as a non-executive director due to his intention to invest more time in other commercial matters
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.
We Think You Should Be Aware Of Some Concerning Factors In New Hope Service Holdings' (HKG:3658) Earnings
The market shrugged off New Hope Service Holdings Limited's (HKG:3658) solid earnings report. We did some digging and believe investors may be worried about some underlying factors in the report.
NEW HOPE SERV: 2023 Interim Report
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.
Understand the 2023 interim results of New Hope Service (03658.HK) in one chart
On August 29, before the market, New Hope Service (03658.HK) announced its interim results for the six months ended June 30, 2023. Group revenue reached RMB 599.8 million, an increase of 17.1% over the previous year. During the period, property management services achieved revenue of RMB 317.7 million, accounting for 53.0% of total revenue, up 36.2% year on year; realized revenue of life services was RMB 135.2 million, accounting for 22.5% of total revenue, up 17.3% year on year; and commercial operation services achieved revenue of RMB 72.5 million, accounting for 12.1% of total revenue, up 26.7% year on year. The following will work
Analysis
Price Target
No Data
