Core Viewpoint - Yuexiu Services reported strong financial performance for the first half of 2025, with a focus on maintaining high-quality property management services amidst increasing market competition [1][2]. Financial Performance - The company achieved a revenue of 1.962 billion yuan, with property management income of 716 million yuan, reflecting a year-on-year growth of 19.2%, marking four consecutive years of nearly 20% growth [1]. - As of the end of the reporting period, Yuexiu Services had cash and time deposits of 4.791 billion yuan, an increase of 89 million yuan from the end of 2024, indicating a strong cash flow position [1]. - The company maintained a high dividend payout ratio of 50%, reinforcing investor confidence in its long-term value [1]. Market Position and Strategy - The property management sector is becoming increasingly competitive, with stable cash flow being a key indicator of company performance [1]. - Yuexiu Services has a contract area of 92.45 million square meters, a 4.2% increase from the end of 2024, with 515 contract projects [2]. - The company operates over 72.31 million square meters under management, a 4.3% increase from the end of 2024, with 444 managed projects [2]. - 91% of the managed area is located in first- and second-tier cities, with an average property management fee of approximately 2.8 yuan per square meter, positioning the company in the mid-to-high range of the industry [2]. Service Quality and Innovation - Yuexiu Services focuses on customer needs and continuously enhances service capabilities through research and technology, aiming to provide "quality services at a reasonable price" [2]. - The company has implemented a "human-machine collaboration" cleaning model to significantly improve service efficiency and quality [2]. - The adoption of smart access management has enhanced community safety and access efficiency, contributing to an increase in collection rates during a challenging market environment [2]. Future Outlook - The company aims to adhere to a customer satisfaction-first philosophy, enhancing basic service capabilities and exploring value-added opportunities [3]. - Yuexiu Services is committed to maintaining a long-term perspective and strengthening its competitive position in the market as the industry shifts towards rational growth [3].

格隆汇8月21日｜在越秀服务今日召开的2025年上半年业绩会上，该公司管理层谈及物业费定价机制时 表示，公司91%的项目位于一二线城市，目前整体物管费单价约2.8元/平方米，在行业内处于相对中等 偏上水平。其介绍，公司每年会根据项目满意度和收缴率情况，来制定当年项目提价计划，今年上半年 已有4个项目实现提价，暂时没有出现降价项目。 ...

Core Viewpoint - Yuexiu Services reported a solid performance in the first half of 2025, with a focus on quality market expansion amidst a challenging property management industry environment [2][3][4] Financial Performance - In the first half of 2025, Yuexiu Services recorded revenue of 1.962 billion yuan and a profit attributable to shareholders of 240 million yuan [2] - Commercial revenue was 370 million yuan, accounting for 18.9% of total revenue, while non-commercial revenue was 1.592 billion yuan, making up 81.1% [2] - The basic property management income reached 716 million yuan, reflecting a year-on-year growth of 19.2% [2] Market Expansion and Strategy - Yuexiu Services added a contract area of 5.96 million square meters in the first half of 2025, with notable projects including the Hong Kong Shipping Building and the National Pipeline Group South China Company [2] - As of June 30, 2025, the managed area was 72.31 million square meters, a 4.3% increase from the end of 2024, while the contracted area was 92.45 million square meters, up 4.2% [2] Industry Context - The property management industry is undergoing significant adjustments, with declining incremental benefits and pressure on profit margins due to price caps on property fees and reduced payment capabilities in some regions [3] - Yuexiu Services emphasized a focus on quality in market expansion, with 91% of its managed projects located in first- and second-tier cities [3] Service Quality and Pricing - The average property management fee for Yuexiu Services is 2.8 yuan per square meter, positioned at a relatively reasonable mid-to-high level within the industry [3] - The company successfully raised prices for four projects in the first half of 2025, with no projects experiencing price reductions [3] Cash Position and Investment Strategy - As of June 30, 2025, Yuexiu Services had cash and time deposits of 4.791 billion yuan, an increase of 89 million yuan from the end of 2024, with positive operating cash flow [3] - The management indicated a cautious yet proactive approach to investment opportunities, focusing on companies with high synergy, good operational quality, and reasonable valuations, as well as opportunities in related sectors like smart home technology and energy management [4]

8月21日，越秀服务发布2025年中期业绩公告并召开业绩发布会。 越秀服务非执行董事兼董事会主席江国雄、执行董事兼行政总裁王建辉、执行董事兼常务副总裁张成 皓、财务总监李慧婷、资本运营总监万思蕴出席会议，回答记者提问。 营收方面，报告期内，企业实现总收入为人民币19.62亿元，同比增长0.09%。 具体来看，自非商业物业管理及增值服务所得收入为人民币15.92亿元。其中，基础物业管理收入7.16亿 元，同比增长19.2%，连续四年增速近20%。 此外，自商业物业管理及运营服务所得收入为人民币3.7亿元，增长3.1%，基本保持稳定。 期内毛利率为21.3%；公司拥有人应占盈利为人民币2.4亿元。 在管理规模方面，截至2025年6月30日，集团合约项目515个，总合约面积9250万平方米，较2024年末提 升4.2%；在管项目444个，总在管面积7230万平方米，较2024年末提升4.3%。 其在管面积中91%位于一二线城市，公司平均物管单价约2.8元/平方米，属于行业中高水平区间。 财务方面，截至2025年6月30日，集团的现金及现金等价物及定期存款为人民币47.9亿元，较2024年末 再增8900万元，经营性 ...

Core Viewpoint - The company reported a steady growth in property management revenue, with a focus on maintaining high service quality and exploring acquisition opportunities in the market [1][4]. Financial Performance - Total revenue for the reporting period reached RMB 19.62 billion, reflecting a year-on-year increase of 0.09% [2]. - Revenue from basic property management was RMB 7.16 billion, showing a year-on-year growth of 19.2%, marking four consecutive years of nearly 20% growth [2][3]. - Gross profit margin stood at 21.3%, with profit attributable to owners amounting to RMB 2.4 billion [3]. Operational Metrics - As of June 30, 2025, the company managed 515 contracted projects covering a total area of 92.5 million square meters, an increase of 4.2% from the end of 2024 [3]. - The number of managed projects reached 444, with a total managed area of 72.3 million square meters, up 4.3% from the end of 2024 [3]. - The average property management fee was approximately RMB 2.8 per square meter, positioning the company within the higher range of the industry [3]. Cash Flow and Dividends - The company reported cash and cash equivalents of RMB 4.79 billion as of June 30, 2025, an increase of RMB 89 million from the end of 2024, with positive operating cash flow [3]. - The board proposed an interim dividend of HKD 0.088 per share (equivalent to RMB 0.080 per share), with a payout ratio of 50% [3]. Market Position and Strategy - The company aims to enhance service quality and operational efficiency in response to higher market demands, focusing on customer satisfaction and long-term growth [4]. - The company has maintained a customer satisfaction score exceeding 90 for three consecutive years, significantly above the industry average [4]. - The management is actively monitoring acquisition opportunities in sectors such as smart home technology, charging stations, and energy management, with available cash resources of RMB 4.79 billion [3][4].

越秀服务(06626)公布，将于2025年9月25日派发中期股息每股0.088港元。 ...

Core Viewpoint - Yuexiu Services (06626) announced a mid-term dividend of HKD 0.088 per share to be distributed on September 25, 2025 [1] Company Summary - Yuexiu Services will distribute a mid-term dividend of HKD 0.088 per share [1]

EF001 | 其他信息 | | | --- | --- | | 其他信息 | 不適用 | | 發行人董事 | | | | 王建輝、張成皓及張勁為執行董事；江国雄、張建国及楊昭煊為非執行董事；以及洪誠明、許麗君及梁耀文為獨立非執行董事。 | 第 2 頁 共 2 頁 v 1.1.1 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 | | | --- | --- | | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | 股票發行人現金股息公告 | | | 發行人名稱 | 越秀服務集團有限公司 | | 股份代號 | 06626 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年6月30日止半年度之中期股息 | | 公告日期 | 2025年8月21日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派 ...

Group 1 - The core viewpoint of the article is that Yuexiu Services (06626.HK) reported a slight increase in total revenue but a significant decrease in profit for the six months ending June 30, 2025 [1] Group 2 - Total revenue for the period was approximately 1.962 billion RMB, representing a year-on-year growth of 0.1% [1] - Profit attributable to owners was about 240 million RMB, a decrease of 13.67% year-on-year [1] - Earnings per share were reported at 0.16 RMB [1] - The company proposed an interim dividend of 0.088 HKD [1] Group 3 - Revenue from non-commercial property management and value-added services was approximately 1.592 billion RMB [1] - Revenue from commercial property management and operation services was about 370 million RMB [1]

人民财讯8月21日电，8月21日，越秀服务(06626.HK)披露2025年中期业绩报告。报告显示，上半年，越 秀服务实现营业收入19.62亿元，其中基础物业管理收入7.16亿元，同比增长19.2%，连续四年增速近 20%。截至2025年6月末，越秀服务在管面积7231万平方米，较2024年末增长4.3%，合约面积9245万平 方米，较2024年末增长4.2%。 ...