What is the analysis of the current situation and development trend of the property industry?

Main listed companies in the real estate industry: At present, listed companies in the domestic real estate industry have attracted investment (00 19 14. SZ), Du Nan Real Estate (603506. SH), Country Garden Service (06098. HK), Greentown Service (02869. HK), elegant life service (033 19. HK) and Evergrande Real Estate (Evergrande Real Estate). Color life (033 19. HK), Xinyuecheng Service (0 1755. HK), China Shipping Real Estate (02669. HK), Aoyuan Health (03662. HK), Hejing Youhuo (039 13. HK) and China Resources Vientiane Life Insurance (0 12008).

The core data of this paper: China property management construction area data, China property management industry income data, etc.

The industry has entered a period of diversified development

In the early 1980s, with the implementation of China's national policy of reform and opening up, property management was introduced from Hongkong to Shenzhen. As the recognized birthplace of domestic property management, Shenzhen is the pioneer and promoter of the industry. During the development of the industry, it has created a number of firsts:1981March 10, 10 Shenzhen Property Management Company, the first professional foreign-related commercial housing management company in Shenzhen, was formally established, and began to implement unified property management for foreign-related commercial housing in Shenzhen Special Economic Zone, marking the beginning of domestic property management.

1On June 28th, 993, Shenzhen established the first domestic property management association-Shenzhen Property Management Industry Association; 1994, Shenzhen promulgated the first local property management regulation of Shenzhen Special Economic Zone.

Since the establishment of the first property management company in Shenzhen, the property management industry in China has gone through three stages: initial exploration period, integration and standardization period and diversified development period, as shown in the following figure:

Market concentration continued to increase.

With the development of China's property management industry, property-related services provided by property management companies cover more and more fields, mainly including residential properties, commercial properties, office buildings, public properties, industrial parks, hospitals and so on.

Since 20 15, the construction area of property management industry in China has been increasing continuously. By the end of 2020, China's managed construction area has increased to 25.9 billion cubic meters, an increase of about 2 billion square meters.

According to the development situation of the top 100 property management enterprises released by Central Reference Institute, the building area of the top 100 property management enterprises in China has increased rapidly since 20 15, and in 2020, floor-area ratio, the top 100 property management enterprises in China, doubled in 20 15 to 129 billion square meters. At the same time, the proportion of buildings managed by the top 100 enterprises continues to increase, from 28.6% in 20 15 to 49.8% in 2020. Generally speaking, the market concentration of China property management industry continues to grow.

The total revenue of the industry maintained a positive growth.

From the perspective of industry income, the total income of China property management industry has been growing continuously since 20 15 years. By the end of 2020, the total income of the property management industry in China has increased to 623.2 billion yuan, a year-on-year increase of 9.6%.

As for the top 100 enterprises, since 20 15, the income of the top 100 property management enterprises in China has increased rapidly. In 2020, the income of the top 100 business management enterprises in China increased nearly three times compared with 20 15, reaching 309.8 billion yuan. At the same time, the income proportion of the top 100 enterprises has been increasing, from 28.5% in 20 15 to 49.7% in 2020.