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Beijing Capital Jiaye Reports Revenue Growth Amidst Profit Margin Decline

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Beijing Capital Jiaye Reports Revenue Growth Amidst Profit Margin Decline

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Beijing Capital Jiaye Property Services Co., Ltd. Class H ( (HK:2210) ) has issued an announcement.

Beijing Capital Jiaye Property Services Co., Ltd. reported its annual results for the year ended December 31, 2024, showing an increase in revenue to RMB 1,983.6 million from RMB 1,829.4 million in 2023. However, the company experienced a decline in gross profit margin from 20.6% to 17.9% and a decrease in net profit margin from 6.3% to 4.3%. The profit attributable to equity shareholders fell to RMB 79.7 million from RMB 113.6 million, and cash and cash equivalents decreased to RMB 883.0 million from RMB 1,105.2 million, indicating financial challenges despite revenue growth.

More about Beijing Capital Jiaye Property Services Co., Ltd. Class H

Beijing Capital Jiaye Property Services Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the property services industry. The company focuses on providing property management services, with a significant area under management, which increased from 41.35 million square meters in 2023 to 45.87 million square meters in 2024.

YTD Price Performance: 5.90%

Average Trading Volume: 50,600

Technical Sentiment Signal: Sell

Current Market Cap: HK$526.5M

For detailed information about 2210 stock, go to TipRanks’ Stock Analysis page.

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