Beijing, 6 Jun (ZXS) -- Since the beginning of this year, the sales of China's real estate development enterprises have rebounded slightly, but the differentiation between enterprises has intensified.
Wang Lin, research director of the China Index Research Institute, revealed at the monthly real estate situation analysis meeting held on the 1st that in the first five months, among China's real estate development enterprises, there were 5 with sales of more than 7 billion yuan (RMB, the same below), an increase of 4 over the same period last year, and 68 exceeded 2 billion yuan, down <> from the same period last year.
According to the agency's statistics, from January to May this year, Poly Development, Vanke, China Overseas Real Estate, China Resources Land, Country Garden and China Merchants Shekou ranked among the top six in the industry, all exceeding 1 billion yuan, and the seventh place was Greentown China, with sales of more than 5 billion yuan. Among them, the sales amount of Poly, which has the highest sales, in the first five months of development, was close to 1300 billion yuan.
Overall, since the beginning of this year, the sales of housing enterprises have maintained growth. According to the statistics of the China Index, from January to May 2023, the total sales of the top 1 housing enterprises was 5.29661 billion yuan, an increase of 0.8% year-on-year, an increase of 4.4 percentage points from the previous month. However, sales cooled significantly in May, down 4.5% month-on-month on a seasonally adjusted basis.
The sales performance of different housing enterprises is clearly differentiated. According to data from the Middle Index, the average sales of the top ten housing companies increased by 16.4% over the previous year; The average sales value of real estate enterprises ranked 11th to 30th increased by 13.1% over the previous year; However, the average sales value of housing enterprises ranked 31st to 50th decreased by 2.8% from the previous year; The average sales value of housing companies ranked 51 to 100 fell by 6.9% year-on-year.
According to the statistics of the Clarion Research Center, from January to May, the top 1 real estate enterprises achieved a sales transaction amount of 5.25352 billion yuan, a year-on-year increase of 8.9%, and the growth rate was lower than that of the previous month. The agency also observed that under the current industry situation, central state-owned enterprises and some high-quality private enterprises are more resilient, small and medium-sized housing enterprises are not competitive, and the competition pattern of housing enterprises may continue to diverge.
A report released by international rating agency Moody's also shows that as the real estate industry stabilizes, state-owned developers and stronger private developers will benefit more, and it is expected that these developers will achieve better sales performance, stronger financial position and smoother financing channels in the next 12-18 months.
International rating agency Standard & Poor's recently released a report that China's real estate sales, prices and financing indicators in April showed that the industry entered a period of recovery adjustment, the agency believes that the foundation of the industry's recovery is still not solid, so for the time being, it still maintains the overall judgment of the weak recovery of China's real estate industry in 4. (End)