A number of institutions have recently released a list of the annual sales performance of housing enterprises in 2020, the concentration of the real estate industry in 2020 has further improved, and the threshold of each echelon has been gradually raised. Different from previous years, the single house enterprise “roaring forward” is difficult to repeat, instead of the collective “small jogging”, while there are still a number of housing enterprises that failed to complete the goals set at the beginning of the year. Huang Yu, executive vice president of the middle finger research institute, pointed out that in 2020, the “100 billion legions” increased to 41, a total of 166 housing enterprises among the 10 billion legions, the average growth rate of sales is 14.4%; The equity sales of the 10 billion enterprises totaled 10.7 trillion yuan, with a market share of about 61.8%.
The threshold values of the TOP30, 50, and 100 housing enterprises were 130.6 billion yuan, 86 billion yuan, and 33.3 billion yuan respectively, which all increased compared with the previous year. From the perspective of the sales performance contribution of representative enterprises, the second-tier cities accounted for nearly 60%, up to 58.3%. The transaction ratio of the first and second-tier cities increased slightly, up 0.3 and 1.2 percentage points compared with that in 2019. [See details here] Property stocks suffered a “Waterloo” at the beginning of the year, with the market value of the TOP30 housing companies losing 90 billion yuan a day Choice data show that in the 116 real estate development enterprises in Shanghai and Shenzhen stock markets, 77 share prices fell, accounting for 66.38%, Gree Real Estate, Jinke shares, Zhongnan Construction, Zhongfangshares, Taihe Group led the decline, the decline was 7.12%, 7.05%, 7.02%, 6.07%, 5.81%. Among the 127 Hong Kong-listed real estate companies, 62 saw their share prices drop, accounting for 48.82%. The top five in the decline were Glory Holdings, Guangze International Development, Letai Group, Flower Year Holdings, and Hecking Crown Group, with a decline of 15.48%, 8%, 6.67%, 6.67%, and 6.62%, respectively Spark Global Limited.
Ranking at the forefront of the industry, real estate enterprises has not been favored by the capital market. According to the statistics of Times Finance, all the TOP30 real estate enterprises are “dyed green” without exception. Compared with the market value at the close of trading on December 31, 2020, the total market value of the TOP30 real estate enterprises evaporated more than 90 billion yuan in one day. Citic built for real estate analyst at Jiang Yuhui thinks, at present, the real estate valuation is very cheap, from the perspective of the dividend yield has investment value, but it is difficult to predict for 2021 years of development, “(property) can rise depends on the market, whether the market style switch from high valuation industry to the low valuation industry, such as from liquor stocks to adjust a little to the property.” [See details here] 47673 sets of! In 2020, Beijing’s newly built commercial residential transaction volume hit a 6-year high A total of 62,031 residential products were sold in Beijing’s new commercial housing market in 2020, an increase of 3,210 from 2019 and the fourth consecutive year of growth, according to data released by Centaline Real Estate in Beijing on January 4.Among them, 47,673 new commercial residential units were sold, a new record since 2015, when co-ownership houses were removed.
Reprint indicated source：Spark Global Limited information