In the first half of the year, the profitability of listed real estate companies declined nearly 40% of the company's net interest rate less than 10%

In the first half of the year, the profitability of real -life companies was reduced.

"Daily Economic News" reporter statistics found that the total net profit of 58 listed real estate companies that had been released for the semi -annual report was 11.537 billion yuan, with an average net profit of 199 million yuan, a decrease of 19.7%and 30.66%from the same period last year; the average net interest rate rate 12.83%, a decrease of 1.99 percentage points from the average level of 14.82%of the net interest rate at an average of 14.82%in the same period in 2021. Specifically, Country Garden services topped the list at a net profit level of 2.752 billion yuan, with a net profit increase of 23.61%; the elegant life service was 11.49 at 11.49. The net profit level of 100 million yuan ranks second; followed by China Resources Vientiane life, net profit has achieved 1.03 billion yuan. The net profit of less than 100 million yuan reached 34, accounting for nearly 60 %.

However, it should be noted that due to the large base of profitable property companies, the growth rate is not as bright as other companies. For example, Xuhui Yongsheng Service and Country Garden services are only around the average value; some real estate companies that are in the first echelon have a decline in net profit, such as Ya Life Service, Greentown Service, Shimao Service, etc., and the decline is declining. More than 10%. Affected by the impairment of the receivables of the affiliated parties, the net profit of Sunac's service even lost losses, which was -774 million yuan.

It is worth noting that Xingsheng Commercial ranked first at the level of 36.37%of net interest rates, followed by Zhongtian service and praying for life services. The net interest rate level reached 30.48%and 27.38%, respectively. There are 8 enterprises; 22 net interest rates are less than 10%, accounting for 37.93%, of which 6 of the net interest rates of property companies are less than 5%; Net interest rates were -18.73%, 1.52%, and 3.75%, respectively.

With a net interest rate of 23.1%in the 4th place in Binjiang services, maintaining a high net interest rate at 5S value -added services with high gross profit margin (71.5%) to achieve further growth in revenue, becoming the main force to contribute gross profit growth. In addition, higher residential property management fees (4.28 yuan/month/square meter) have also driven the Maori contribution of property management services. The two jointly maintain a high net interest rate in the enterprise.

It can be seen from the list that the real estate enterprise with a net interest rate of more than 20%has decreased by 1 compared with the same period of 2021. In addition to the aforementioned 4, it also includes Zhongjun Commercial Management, German Business Industry and Investment Services, Promoting Industrial Federation, and Industrial Federation. New hope services; and the same period of the same period last year's Golden Science Services, Elegant Life Service, and China Resources Vientiane Life have declined, of which Goldenke Services has dropped by 6.5 percentage points; the net interest rate of green city services, Poly Property, and China Merchants remains low. Essence However, in terms of revenue, China Shipping Property, Poly Property, and China Merchants are far higher than the prayer life services and Xingsheng Business with the top ranking.

Daily Economic News

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