Core Viewpoint - Country Garden Services reported a total revenue of RMB 43.99 billion for 2024, reflecting a year-on-year growth of 3.2% [2] Financial Performance - The adjusted revenue from property management services, community value-added services, and "Three Supplies and One Industry" business grew by 10.2%, with core business revenue accounting for 87% of total revenue [2] - The adjusted gross profit from core business reached RMB 9.2 billion, an increase of 6.4% year-on-year [2] - As of the end of 2024, the company's cash reserves stood at RMB 18.18 billion, with a net cash flow from operating activities of RMB 3.87 billion [2] - The total dividend paid for the year was RMB 990 million, exceeding 55% of the net profit attributable to shareholders [2] Business Expansion - The company managed a total area of 1.127 billion square meters, with a net addition of 82 million square meters for the year, and over 51.2% of the third-party management area [2] - The proportion of sustainable third-party income rose to 98.9% in 2024, with related party transactions accounting for only 0.9% of total revenue [3] Strategic Initiatives - The company emphasized its competitive edge in community life services, particularly in value-added services, achieving significant success in its liquor business with a revenue of RMB 190 million, a year-on-year increase of 88% [4] - The company plans to deepen its charging station business, having installed 50,000 charging stations in 2024, with an expected revenue of RMB 200 million in 2025 [4]
关联交易收入占比降至0.9%，碧桂园服务管理层称关联方应收账款风险基本出清