久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Realty sector on steady growth track

By WANG YING in Shanghai | China Daily | Updated: 2021-07-07 07:42
Share
Share - WeChat
Potential homebuyers check housing models at a real estate agency in Huaian, Jiangsu province, in June. [Photo by Zhao Qirui/for China Daily]

Project quality, customer services and better management key drivers for firms

A total of 19 real estate developers in China said their sales revenue exceeded 100 billion yuan ($15.47 billion) in the first half, which experts said was not only due to the low base in COVID-19-savaged 2020, but also led by China's strong recovery and stabilization of the sector's performance.

The nation's 100 largest real estate companies saw average sales revenue from January to June soar 40 percent year-on-year to 69.3 billion yuan despite tightening measures on land and financing. Their combined market share hit 56.6 percent, according to data collected by the China Index Academy.

Compared to a year ago, there are six more developers whose half-year sales revenue surpassed the 100 billion yuan mark. Some 132 companies saw their sales revenue at or above 10 billion yuan, 25 more than the year-ago level.

"Facing fierce competition and restrictions imposed to stabilize the property market, most real estate firms actively adjusted marketing strategies to further explore market demand," said Hui Jianqiang, head of research at Beijing Zhongfang-Yanxie Technology Service Ltd.

"Their performance indicates the great demand in China, and the resilience of leading property developers."

Hui said the sector's leaders grabbed a larger share of the market, while the less competitive companies lost ground if they did not come up with new measures to compete.

The top four real estate firms-Country Garden, China Evergrande, China Vanke and Sunac China-each reported more than 300 billion yuan in first-half sales revenue.

With an eye on the market's latest trend, the 15 companies with sales revenue between 100 billion yuan and 300 billion yuan shifted business focus on city clusters like the Yangtze River Delta region, the Guangdong-Hong Kong-Macao Greater Bay Area and the Beijing-Tianjin-Hebei region.

A total of 23 firms saw their revenues range between 50 billion yuan and 100 billion yuan, which were mostly reported to tap into the commercial property market and the renovation of urban areas.

Nearly 90 percent of the developers have achieved more than 40 percent of their whole year target, with 25 having completed more than half of their sales revenue target by the end of June, said Ding Zuyu, CEO of E-House (China) Enterprise Holdings Ltd.

Despite the cheerful first-half sales numbers, the performances of listed property developers in the capital market is not as bright. Some 118 out of 170 companies or 69.4 percent saw their market value go down. Their combined market value shrank about 8.7 percent to 340 billion yuan in the first six months, a China Times report said citing data from Leju.com.

Also, as the sector was hardly hit by the COVID-19 last year, property developers tended to set more conservative goals for this year, said Liu Shui, deputy director of research with China Index Academy.

Chen Sheng, president of the China Real Estate Data Academy, said the market performance is a reflection of the status quo. The sector is affected by restrictions on the property market, profitability and the development outlook of the industry.

For enterprises facing greater financial pressure, Chen suggested they take proactive steps to maintain their capital flow through smooth sales, adjust strategy to lower loans to a controllable level and maintain financial stability.

Enterprises should also pay attention to changes in market environment, finance, land, taxation and credit. They should adjust corporate strategies and increase their investment in sales and technology, which can ensure they stay sustainable and healthy, Chen added.

Industry experts suggested real estate developers upgrade project quality and services, optimize management and their business model and strengthen their corporate competitiveness for quality development, which are key growth drivers for a realty company.

"With limited growth potential for new home transactions, the Chinese property market is shifting from achieving the dominance of new home transactions to exploiting existing homes in the coming decade," Hui said.

"This would attract more and more companies to diversify their business into areas such as property management and urban renovation."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 成人精品视频一区二区在线 | 欧美 在线 成 人怡红院 | 亚洲欧美在线视频 | 亚洲自拍偷拍图 | 中国一级特黄剌激爽毛片 | 乱系列中文字幕在线视频 | 高清毛片免费看 | 美国毛片网 | www.欧美xxxx | 欧美在线观看成人高清视频 | 中文字幕有码在线视频 | 91av综合| 久久伊人精品热在75 | 久久中文字幕乱码免费 | 国产成人在线小视频 | 一个人看的www片免费视频中文 | 中文一区二区在线观看 | 欧美日本一区 | 国产成人久久精品一区二区三区 | 三级全黄的全黄三级三级播放 | 91精品成人福利在线播放 | 欧美一区二区三区四区在线观看 | 日本a级精品一区二区三区 日本a级毛片免费视频播放 | 亚洲欧美日韩在线播放 | 日韩亚洲精品不卡在线 | 在线a毛片免费视频观看 | 欧美一级三级 | 我不卡午夜 | 国产另类视频 | 亚洲精品在线免费 | 国产日韩在线看 | 日本乱人伦片中文三区 | 国产永久免费高清动作片www | 亚洲男人天堂av | 免费观看日本特色做爰视频在线 | 亚洲视频欧美视频 | 视频国产91 | 午夜91理论片 | 亚洲欧美日韩另类精品一区二区三区 | 欧美性色生活片免费播放 | 乱人伦中文视频在线 |