A New Vision Empowered by Intelligence
Property Management Services -
High-quality growth in core business
Revenue from property mgt services increased by 129.1%, accounting for 64.7% of total revenue, up 9.5 p.p. YoY
8,000
6,000
4,000
(RMB mn)
2,000
2,830
Revenue
129.1%
6,482
2019
2020
Higher revenue contribution from property mgt
services with a solid organic growth
Alen
Gross profit
Revenue mix improved significantly and proportion of property mgt
services in revenue increased by 9.5 p.p.
2,000
(RMB mn)
1,500
1,000
500
715
97.8%
1,414
2019
2020
Revenue from property mgt services surged by 129.1% YoY
•
Steady growth in gross profit and increased proportion of
non-residential businesses
Gross profit of property mgt services totaled RMB1,414 mn,
increased by 97.8% YoY
Gross profit of non-residential business accounted for nearly 50% of
total gross profit, representing a further increased proportion and a
more balanced business portfolio structure
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