06989 EXCELLENCE CM
- 1.300
- +0.010+0.78%
EXCELLENCE CM News
Zhongzhi Property Research: In July, the TOP 50 property service enterprises added a total contracted area of about 96.16 million square meters.
Top 50 Chinese property service companies with newly added contract area in July 2024.
Excellence Commercial Arm to Buy Over 10,000 Parking Lots in Shenzhen
Excellent Commercial Enterprise Service (06989.HK): Excellent Property plans to acquire parking spaces in Shenzhen
Gelonghui, May 14, 丨 Excellent Commercial Enterprise Service (06989.HK) announced that on May 13, 2024, Excellent Property (a wholly-owned subsidiary of the company) and Excellent Real Estate signed a framework agreement. According to this, Excellent Real Estate will conditionally acquire and Excellent Real Estate will prompt entities to conditionally sell parking spaces, at the maximum cost of no more than RMB 598 million. According to the framework agreement, Excellent Property will be conditionally acquired and Excellent Real Estate will enable the entity to conditionally sell 10,301 parking spaces until the respective expiration dates of the land use rights on the relevant plot where the parking space is located. Since the parking spaces are all located in Shenzhen
Excellence Commercial Property's Profit Down 25% in 2023
EXCELLENCE CM: 2023 Annual Report
Performance is polarized, is your residential property OK?
High-quality property companies that have returned to the cash cow logic at this stage may be able to regain the favor of fundamental investors through steady management and high dividends; for investors with higher risk appetite, those property companies that continue to make progress in expanding and cultivating value-added businesses with third parties may also have a high value of attention.
Property management stocks were under overall pressure, Wanwuyun (02602) fell 4.21%, and the agency expects the sector to remain volatile in the 2nd quarter
Jinwu Financial News | Property management stocks followed the overall pressure on the real estate sector. Landsea Green Life (01965) fell 10.53%, Wanwuyun (02602) fell 4.21%, Shimao Services (00873) fell 3.85%, New Hope Services (03658) fell 3.66%, Excellent Commercial Enterprise Services (06989) fell 3.33%, and Country Garden Services (06098) fell 3.29%. CMB International said that the real estate and property management sector continued to fluctuate due to negative news related to developer debt repayment, and the bank believes the trend may be maintained in the second quarter. According to the bank, policy-side first-tier cities continue
EXCELLENCE CM To Go Ex-Dividend On June 14th, 2024 With 0.0682 HKD Dividend Per Share
Excellent Commercial Enterprise Service (06989.HK): Revenue reached 3,927 billion yuan in 2023, and business scale continued to grow
On March 27, GLONGHUI | Excellent Commercial Enterprise Service (06989.HK) announced that for the year ended December 31, 2023, the Group's revenue was approximately RMB 3,927 billion, an increase of 11.3% over the previous year. Profit attributable to company owners in 2023 was approximately RMB 303 million, with a basic profit of RMB 24.8 cents per share. The board of directors recommended a final dividend of HK6.82 cents per share. The Group continues to focus on the “1+1+X” strategy, deeply cultivate the two core advantage regions of the Greater Bay Area and the Yangtze River Delta, focusing on the layout of first-tier, new-tier and other high-value cities to achieve balanced development in key nationalized regions
Excellent Commercial Enterprise Service (06989) will pay a final dividend of HK$0.0682 per share on July 11
Zhitong Finance App News, Excellent Commercial Enterprise Service (06989) announced that the company will pay a final dividend of HK$0.0682 per share on July 11, 2024.
EXCELLENCE CM: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
Excellent Commercial Enterprise Service (06989.HK) plans to hold a board meeting on March 27 to approve the annual results
Gelonghui, March 13, 丨 Excellent Commercial Enterprise Service (06989.HK) issued an announcement. The board of directors announced that a board meeting will be held on March 27, 2024 (Wednesday) to review and approve the annual results and announcements of the company and its subsidiaries for the year ended 31 December 2023, consider the proposed payment of a final dividend (if any), and deal with other matters.
Everbright Securities: Stable property fundamentals, slow release of risk factors, seize lower sector allocation opportunities
Property fundamentals are stable, risk factors are mitigated, and opportunities at the bottom of the sector are seizing allocation opportunities.
Zhongtai Securities's 24-year property strategy: real estate-related businesses further decline leading companies or gradually increase dividend distribution rates
According to a research report released by Zhongtai Securities, property and real estate have been further decoupled, and the share of revenue and profit from real estate-related businesses in financial reports has declined further, and impairment from real estate business has also decreased marginally. In addition, leading property companies are gradually increasing their dividend distribution ratio. As the property industry reduces large-scale mergers and acquisitions and enters a period of steady growth, the distribution rate is expected to increase further.
CITIC Securities: Steady progress in the property industry, leading the way and continuing to grow
The Zhitong Finance App learned that CITIC Securities released a research report saying that the basic stock market in the property industry is stable, cost-side pressure is low, and performance transparency is high. If enterprises can control repayment risks during growth and expansion, then it is entirely possible for companies to achieve a steady increase in performance.
EXCELLENCE CM: SUPPLEMENTAL ANNOUNCEMENT IN RELATION TO ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
EXCELLENCE CM: 2023 Interim Report
EXCELLENCE CM To Go Ex-Dividend On November 8th, 2023 With 0.1218 HKD Dividend Per Share
CITIC Securities: Profitability of property service companies bottomed out and rebounded, recommending leading blue-chip companies and small and medium-sized high-dividend companies
CITIC Securities released a research report saying that in mid-2023, the weighted gross profit margin of the sample company was 16.5%, an increase of 0.28 ppts over the same period last year, and remained highly stable. The semi-annual report once again proves that the profitability of property service companies has not declined over time.
Excellence Commercial Property Posts 45% Drop in H1 Profit
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