In 2018, the leading 100 property management companies in China generated 19.5 percent of their total revenue from value-added services (VAS). Another 80.5 percent of total revenue was earned from basic management 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 value-added 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 value-added services of the leading 100 property management companies in China from 2015 to 2018 [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1061045/china-revenue-share-from-vas-of-leading-100-property-managers/
DBS Group Research. "Proportion of revenue from value-added services of the leading 100 property management companies in China from 2015 to 2018." Chart. October 9, 2019. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1061045/china-revenue-share-from-vas-of-leading-100-property-managers/
DBS Group Research. (2019). Proportion of revenue from value-added services of the leading 100 property management companies in China from 2015 to 2018. Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1061045/china-revenue-share-from-vas-of-leading-100-property-managers/
DBS Group Research. "Proportion of Revenue from Value-added 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/1061045/china-revenue-share-from-vas-of-leading-100-property-managers/
DBS Group Research, Proportion of revenue from value-added services of the leading 100 property management companies in China from 2015 to 2018 Statista, https://www.statista.com/statistics/1061045/china-revenue-share-from-vas-of-leading-100-property-managers/ (last visited November 23, 2024)
Proportion of revenue from value-added 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/1061045/china-revenue-share-from-vas-of-leading-100-property-managers/