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股市必读:锦和商管(603682)4月30日董秘有最新回复
Sou Hu Cai Jing· 2025-05-05 18:56
董秘最新回复 投资者: 商务部等6部门发布关于进一步优化离境退税政策扩大入境消费的通知,鼓励各地区在大型商 圈、步行街、旅游景区、度假区、文博场所、机场、客运港口、酒店等增设退税商店,扩大退税商店覆 盖面。积极引导国际名品、国货潮品、老字号店铺、文创店、纪念品店、礼品店、特产店等成为退税商 店。请问贵公司有准备打造一批离境退税特色街区吗? 董秘: 尊敬的投资者您好,感谢您的关注!公司始终关注市场经济与行业及国家政策,积极响应国家 与城市更新相关的政策导向,坚持以主营业务为主,顺应市场变化、满足客户需求,力争挖掘未来城市 更新业务机遇。 截至2025年4月30日收盘,锦和商管(603682)报收于5.51元,上涨1.29%,换手率7.57%,成交量35.79万 手,成交额2.0亿元。 董秘: 尊敬的投资者您好,感谢您的关注!公司自2007年从事存量资产运营以来,以开放的姿态和进 取的精神,一直努力加强自身与国内外知名品牌的合作,通过搭建平台、优化服务,完成更多首秀策 划,吸引更多首店落户,以提升园区经济活力及竞争力。未来,我们将积极响应国家和上海在推动经济 活力的政策导向,为城市活力及经济发展贡献更多力量。 当 ...
王健林,又卖了25亿
创业家· 2025-04-24 09:56
以下文章来源于投资界 ,作者周佳丽 投资界 . 清科创业旗下创业与投资资讯平台 万达甩卖。 作者:周佳丽 来源:投资界 "我有一个梦想,不光把企业做大,还要把中国酒店品牌打到全世界。" 多年前,王健林曾经对万达酒店的未来许下愿景,如今故事却走向另一个方向——万达酒店发 展近日发布公告称,拟出售全资持有的万达酒店管理(香港)有限公司(简称:万达酒管) 100%股权,收购方为同程旅行,出售金额24.9亿港元。 截至2024年底,万达酒管在营酒店共计204家,另有376家酒店已签约待开业。换言之,同程 旅行用不到25亿元的价格将近600家中高端以及豪华酒店收入囊中,堪称抄底。 商业江湖,风云变幻,万达集团继续"甩卖",现年71岁的灵魂人物王健林几乎退隐江湖。 01 600家万达酒店卖了 这笔交易将为万达带来大笔现金。万达酒店发展称,假设初步代价不作调整,本次交易预期所 获款项净额24亿港元。于交割后,公司预期在保留有关款项作为一般营运资金或未来投资后, 在适用法律允许之情况下,将建议以股息的方式向股东分派全部或大部分所得款项净额。 穿透发现,其控股股东正是大连万达,后者控股比例约为65.04%。按此计算,大连万达此 ...
王健林,又卖了25亿
投资界· 2025-04-23 07:49
万达甩卖。 作者 I 周佳丽 报道 I 投资界PEdaily "我有一个梦想,不光把企业做大,还要把中国酒店品牌打到全世界。" 多年前,王健林曾经对万达酒店的未来许下愿景,如今故事却走向另一个方向——万达酒 店发展近日发布公告称,拟出售全资持有的万达酒店管理(香港)有限公司(简称:万达 酒管)10 0%股权,收购方为同程旅行,出售金额24 . 9亿港元。 截至20 24年底,万达酒管在营酒店共计20 4家,另有37 6家酒店已签约待开业。换言之, 同程旅行用不到2 5亿元的价格将近600家中高端以及豪华酒店收入囊中,堪称抄底。 商 业 江 湖 , 风 云 变 幻 , 万 达 集 团 继 续 " 甩 卖 " , 现 年 71 岁 的 灵 魂 人 物 王 健 林 几 乎 退 隐 江 湖。 600家万达酒店卖了 这一次是万达酒店。 公开资料显示,总市值约2 2亿港元的万达酒店发展的主要业务包括四个板块:酒店营运 及管理服务、酒店设计及建设管理服务、投资物业租赁以及于海外买卖及租赁之物业。 本次收购交易仅涉及酒店管理业务的转让,也就是万达酒管所经营的板块,现有万达自持 的酒店物业资产则仍将由万达集团继续持有, 近6 ...
净利润大幅下滑 “城市更新第一股”锦和商管业绩承压
Core Viewpoint - Despite being in the urban renewal sector, Jinhe Commercial Management (603682.SH), known as the "first stock of urban renewal," has reported disappointing performance in its financial results for 2024 [2][3]. Financial Performance - In 2024, Jinhe Commercial Management achieved an operating income of 1.008 billion yuan, a year-on-year decrease of 2.33% [3]. - The net profit attributable to shareholders dropped to 15 million yuan, down 85.07% year-on-year, while the non-recurring net profit fell dramatically by 334.07% to -96 million yuan [3]. - Since its listing in 2020, the company's net profit has shown a downward trend, decreasing from 156 million yuan in 2020 to 99 million yuan in 2023, and further plummeting to 15 million yuan in 2024 [2][3]. Market Challenges - Jinhe Commercial Management faces challenges in the commercial office market due to oversupply, with difficulties in acquiring project resources and a reduced target customer base [2][3]. - The company acknowledged that some rental projects are still in the ramp-up phase, which has impacted its financial performance [3]. - The Shanghai office market is experiencing a downward rental cycle, with significant new projects entering the market, putting pressure on rental prices [6]. Business Model and Strategy - The company operates primarily in urban renewal, focusing on repositioning and redesigning old properties to enhance their commercial value [5]. - Jinhe Commercial Management's operational model includes rental operations, equity participation, and entrusted operations, with a focus on transforming existing properties into attractive commercial spaces [5]. - As of 2024, the company manages 73 projects covering approximately 1.4 million square meters, with 41 projects under rental operations [5]. Operational Measures - To improve occupancy rates, the company is implementing strategies such as enhancing park services and optimizing leasing strategies, including "exchanging price for volume" to accelerate property leasing [6][7]. - The management is focused on maintaining existing tenants and exploring potential renewal and expansion needs [7].
锦和商管2024年扣非转亏 2020年上市中信建投保荐
Zhong Guo Jing Ji Wang· 2025-03-31 02:59
中国经济网北京3月31日讯 锦和商管(603682.SH)近日发布的2024年年度报告显示,公司2024年营业收入 为10.08亿元,同比下降2.33%;归属于上市公司股东的净利润为1475.32万元,同比下降85.07%;归属 于上市公司股东的扣除非经常性损益的净利润为-9580.64万元,上年同期为4093.02万元;经营活动产生 的现金流量净额7.28亿元,同比增长13.10%。 锦和商管于2020年4月21日在上海证券交易所上市,发行价格7.91元/股,发行数量9,450万股(全部为新 股发行,不进行老股转让),保荐人(主承销商)为中信建投证券股份有限公司,保荐代表人为赵军、 朱明强。 锦和商管发行募集资金总额为74,749.50万元,扣除发行费用后,募集资金净额为68,527.80万元。锦和商 管最终募集资金净额比原计划少2362.5万元。锦和商管于2020年4月8日披露的招股书显示,公司拟募集 资金70,890.30万元,计划用于越界金都路项目、智慧园区信息服务平台建设项目、偿还银行贷款及补充 流动资金。 锦和商管发行费用总计6,221.70万元(不含税);其中承销保荐费4,245.28万元。 | ...
华润置地(01109):深度覆盖报告:固本开新领转型,稳中精进显风范
Changjiang Securities· 2025-03-25 05:14
Investment Rating - The report assigns a "Buy" rating for the company, with a target price based on projected earnings and valuation multiples [10][11]. Core Viewpoints - The company is recognized as a leading player in the real estate sector, combining business models, capabilities, resources, and financial advantages to drive growth. It has a strong sales ranking despite market challenges, supported by ample and quality land reserves [4][10]. - The company has released significant impairment pressure, with new land acquisitions expected to yield substantial profits, indicating a high degree of performance solidity and realization probability [4][10]. - As a leader in commercial real estate, the company excels in various dimensions including layout, leasing, operations, scale, rental income, efficiency, and luxury offerings, which not only provide stable cash flow but also enhance dividend and valuation potential [4][10]. Summary by Sections Company Overview - The company is a rare diversified real estate developer in China, under the umbrella of China Resources Group, with a strategic focus on urban investment and development operations. It has established a "3+1" integrated business model and achieved a core net profit of 27.8 billion in 2023, with operational business contributing 34.4% [7][42]. Real Estate Development - The company has a strong reputation for quality and efficiency, with a projected sales revenue of 261.1 billion for 2024, ranking it among the top three in the industry. The land reserves are robust, with over 70% located in first and second-tier cities, ensuring future sales stability [8][20]. - The company has recognized a cumulative inventory impairment of 21 billion from 2020 to 2024, indicating a high level of impairment pressure release compared to peers, which bodes well for future profitability [8][20]. Operating Real Estate - The company is a pioneer in shopping center development in mainland China, with a strong positioning in high-end markets. It has maintained double-digit growth in same-store rental income since 2016, demonstrating robust operational capabilities [9][24]. - The company plans to achieve steady growth in rental income, with a projected EBITDA margin of 55% and potential for a dividend yield of approximately 2.7% based on its operational real estate performance [9][27]. Financial Performance - The company has a solid financial structure, with a net debt ratio of 33.6%, indicating prudent debt management. The projected earnings for 2024-2026 are 26.6 billion, 27.3 billion, and 28.7 billion respectively, with corresponding PE ratios of 6.5, 6.3, and 6.0 [10][36].
阳光股份提示或有退市风险,“对今年营收有信心”
券商中国· 2025-03-22 02:13
Core Viewpoint - The company Sunshine Co., Ltd. (000608) has revised its 2024 performance forecast, indicating a decrease in both total revenue and net revenue after deducting non-recurring gains and losses [1] Group 1: Performance Forecast Revision - The original revenue forecast was between 360 million to 420 million yuan, now revised to 350 million to 370 million yuan [1] - The net revenue after deducting non-recurring gains and losses was originally expected to be between 310 million to 330 million yuan, now revised to 265 million to 285 million yuan [1] - The company has issued a risk warning regarding potential delisting if the adjusted revenue falls below 300 million yuan [1] Group 2: Business Operations and Financial Health - Sunshine Co. has recently taken over the management of the Shajing Jingji Baina Plaza, which has a commercial area of 180,000 square meters, expected to contribute approximately 150 million yuan in revenue for 2023 [2] - The company has a total asset value of 5.032 billion yuan and total liabilities of 2.1 billion yuan, resulting in a net asset value exceeding 2.9 billion yuan, significantly higher than its current market value [2] - The company manages assets totaling nearly 1.2 million square meters across major cities including Shenzhen, Beijing, Shanghai, Chengdu, and Shenyang [2] Group 3: Future Outlook - If Sunshine Co. achieves a net revenue exceeding 300 million yuan in 2025, it can apply to the Shenzhen Stock Exchange to lift the delisting risk warning [2] - The company expresses confidence in its revenue for 2025, indicating a positive outlook for future performance [2]