YUEXIU PROPERTY(HK:00123) 智通财经网·2025-08-07 07:06Core Viewpoint - Yuexiu Property (00123) shows strong sales performance with a significant increase in contract sales in July and the first seven months of the year, indicating a solid foundation for future growth [1] Group 1: Sales Performance - In July, Yuexiu Property reported contract sales amounting to approximately 6.006 billion yuan, a year-on-year increase of 19.5% [1] - For the first seven months of the year, the cumulative contract sales reached approximately 67.506 billion yuan, reflecting a year-on-year growth of about 11.7% [1] - The cumulative contract sales area for the same period was approximately 1.6363 million square meters [1] Group 2: Sales Target Achievement - As of the end of July, the cumulative contract sales of 67.506 billion yuan accounted for 56% of the company's 2025 contract sales target of 120.5 billion yuan [1] Group 3: Market Position and Outlook - Fitch Ratings noted that Yuexiu's advantages in investment layout and product strength have laid a solid foundation for sustained sales growth, reinforcing its market leadership in first- and second-tier cities [1] - Typically, property companies see a surge in sales during the second half of the year, but Yuexiu has already achieved nearly half of its annual sales target in the first five months, positioning itself favorably for the second half [1] - The company maintains a strong sales growth momentum, positive operating cash flow, stable leverage at a moderate level, and smooth financing channels, which are key factors for the upward outlook [1]