In 2018, the leading 100 property management companies in China generated 80.5 percent of their total revenue from basic property management services. The rest was earned from value-added services. As VAS often require minimal additional resources and therefore the profit margin of VAS is much higher than that of basic management services, property managers tried to expanded these services in recent years to increase revenue and profit.
Proportion of revenue from basic management services of the leading 100 property management companies in China from 2015 to 2018
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DBS Group Research. (October 9, 2019). Proportion of revenue from basic management services of the leading 100 property management companies in China from 2015 to 2018 [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1061004/china-revenue-share-from-basic-services-of-leading-100-property-managers/
DBS Group Research. "Proportion of revenue from basic management services of the leading 100 property management companies in China from 2015 to 2018." Chart. October 9, 2019. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1061004/china-revenue-share-from-basic-services-of-leading-100-property-managers/
DBS Group Research. (2019). Proportion of revenue from basic management services of the leading 100 property management companies in China from 2015 to 2018. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1061004/china-revenue-share-from-basic-services-of-leading-100-property-managers/
DBS Group Research. "Proportion of Revenue from Basic Management Services of The Leading 100 Property Management Companies in China from 2015 to 2018." Statista, Statista Inc., 9 Oct 2019, https://www.statista.com/statistics/1061004/china-revenue-share-from-basic-services-of-leading-100-property-managers/
DBS Group Research, Proportion of revenue from basic management services of the leading 100 property management companies in China from 2015 to 2018 Statista, https://www.statista.com/statistics/1061004/china-revenue-share-from-basic-services-of-leading-100-property-managers/ (last visited November 19, 2024)
Proportion of revenue from basic management services of the leading 100 property management companies in China from 2015 to 2018 [Graph], DBS Group Research, October 9, 2019. [Online]. Available: https://www.statista.com/statistics/1061004/china-revenue-share-from-basic-services-of-leading-100-property-managers/