GHI Latest Report

Performance Review

Greystone Housing's total operating revenue was RMB22,586,024 as of December 31, 2024, a year-on-year decrease of approximately 10.32% from RMB25,184,617 as of December 31, 2023. This change indicates that the company faces challenges in its operating revenue, which may affect its overall profitability.

Key Data in the Financial Report

1. The operating revenue decreased by RMB2,598,593, or approximately 10.32%.

2. Intensified competition in the market may lead to difficulties in pricing and market share.

3. Adjustments in sales strategies may result in a decrease in short-term revenue.

4. Changes in the macroeconomic environment may affect consumer purchasing power.

5. Changes in product structure may affect revenue performance.

6. A decrease in operating efficiency may lead to increased costs and affect revenue growth.

Peer Comparison

1. Industry-wide analysis: The operating revenue of the construction industry continued to decline in the first three quarters of 2024, reflecting weakened market demand and the slow issuance of special bonds and tight local government finances. The net profit attributable to parent decreased by 11.8% year-on-year in the first three quarters of 2024, indicating intense competition and funding issues within the industry.

2. Peer evaluation analysis: Compared with other companies in the same industry, Greystone Housing's operating revenue decreased significantly, which may indicate its disadvantage in the competition and the need to pay attention to market share and competition strategy adjustments.

Summary

Greystone Housing faced challenges in its operating revenue in 2024, mainly affected by intensified competition, a slowdown in the macroeconomic environment, and adjustments in sales strategies. The overall revenue decrease and profit decline in the industry exacerbated the company's pressure. In the future, the company needs to optimize sales strategies and enhance market competitiveness to cope with the current challenges.

Opportunities

1. The company plans to launch a full range of smart home products and actively layout new products to enhance market competitiveness.

2. Through optimizing internal resource management and expanding sales channels, new revenue growth points may be created.

3. If the macroeconomic environment improves, the overall recovery of the industry may lead to a rebound in the company's performance.

Risks

1. Continued deterioration in the macroeconomic environment may further reduce market demand and continue to affect the company's performance.

2. Intensified competition in the industry may further erode market share and profitability.

3. If sales strategy adjustments are not effectively implemented, revenue may continue to decline.