中海物业(2669.HK):管理规模扩大支撑稳定增长 维持买入评级

交银国际
14 Apr

我们更新对中海物业的财务预测,并提供了2027 年的业绩预测。我们看到利润率在2024 年触底反弹,预计2025-27 年将基本保持稳定。同时,我们认为公司将继续从中国海外发展和第三方获得新项目,以支持其未来三年的稳定增长。不断扩大的管理规模支撑稳定增长。我们预计,中国海外发展及第三方开发商已完成的项目将推动中海物业管理规模持续增长。截至2024 年末,管理面积同比增长7.4%至4.311 ...

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