000560 5i5j Holding GroupWatchlist
About 5i5j Holding Group Company
The company is a leading digital-driven residential service operator in China. The company insists on equal emphasis on corporate development and social responsibility, and is committed to becoming a promoter of smart services for better living and living, with the mission of “stimulating every person, every family, and every city's desire for a better home.” The company's main business includes brokerage business, asset management business, new housing business, commercial leasing and services. Corporate honors include the “I Love My Family” brand, which has continuously been awarded the C-BPI No. 1 brand influence in the real estate agency service industry, won the “Outstanding Brand Award” by China Consumer Daily, and won the “Brand Influence Award” by NetEase News.
Changes in A-shares 丨 Real estate services sector falls, chain companies lower agency fees
Glonghui September 26 | The A-share real estate services sector fluctuated and declined. I Love My Family fell more than 7%, while World Union Bank, Xindaisheng, Express Services, and Zhongtian Services followed suit. According to the news, Beijing Chainjia recently adjusted the standard for collecting agency fees. The fee standard has been adjusted from 2.7% of the current total housing transaction price to 2%. At the same time, the charging model was changed from the buyer unilaterally paying the agency fee to the buyer and seller being jointly borne, with the buyer and seller each bearing 1%.
“I Love My Family 2023 Interim Report Interpretation: Net Profit Has Increased Sharply, and Net Cash Flow Has Decreased”
According to the 2023 I Love My Family Interim Report, revenue for the reporting period was 6,264,454,021.34 yuan, an increase of 2.99% compared to 6,082,379,243.11 yuan in the same period last year. This indicates that the company has increased in terms of operations and has expanded its market share. However, it is worth noting that the net profit attributable to shareholders of listed companies during the reporting period was -48,810,555.21 yuan. Although still in a state of loss, compared to -383,648,013.64 yuan in the same period last year, the loss margin was drastically reduced by 87.28%. This explains the public
I Love My Family (000560) Company Information Update Report: Stable Performance Recovery in the First Half of the Year Continues to Build Core Competition Barriers
Performance recovered steadily in the first half of the year, continued to build core competitive barriers, and maintained a “buy” rating. I Love My Family published its 2023 annual report. In 2023H1, the company achieved revenue of 6.26 billion yuan, an increase of 3.0% over the previous year. Net profit to parent