Core Viewpoint - Shimao Services (00873) reported strong annual performance for the year ending December 31, 2024, with revenue of 7.896 billion RMB and a gross profit of 1.564 billion RMB, demonstrating resilience in a challenging real estate market [1] Group 1: Financial Performance - For the year 2024, Shimao Services achieved a new annual contract value of 1.483 billion RMB, an increase of 28.2% year-on-year [1] - The newly contracted building area reached 43.1 million square meters, reflecting a year-on-year growth of 3.4% [1] - The average property management fee for new projects was 2.9 RMB per square meter per month, up 26.1% compared to the previous year [1] Group 2: Core Business Development - Property management services, as the core business segment, showed a steady upward trend, with revenue from this segment reaching 5.564 billion RMB, a year-on-year increase of 5.1% [1] - The growth in property management service revenue was driven by active third-party bidding, an increase in managed building area, and improved service quality [1] Group 3: Project Composition and Market Position - As of 2024, residential projects accounted for 63.9% of the managed projects, providing a solid foundation for the business [2] - Among these residential projects, 74.4% are located in first-tier, new first-tier, and second-tier cities, allowing Shimao Services to tap into diverse local demands and expand value-added services [2]
世茂服务(00873)发布年度业绩 毛利15.64亿元 新增年化合同额14.83亿元 同比上升28.2%