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Nacity Property Service Group Co.,Ltd. (China)

Main Activities: Real Estate
Full name: Nacity Property Service Group Co.,Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Nacity Property Service Group Co., Ltd, located in Hangzhou, China, was established in 1994. It is the first independent third-party property service enterprise registered in Zhejiang Province and the first company in the property industry to be listed on the A-share main board market in China. The company is currently the honorary vice chairman unit of the China Property Management Association and the executive vice chairman unit of the Hangzhou Property Management Association. Nacity Property Service Group has been recognized for its achievements in the industry. It has been ranked 12th among the top 100 property service companies in China (2023), one of the top 20 listed property management companies in China (2023), and one of the top 5 investment value companies in the listed property industry in China (2023). In 2022, it was awarded honors such as the leading property service company in China's property cities, the leading property service company in China's transportation hubs, the leading property service company in China's quality property services, and the top 30 property service companies in East China. The company has also been recognized for its brand value and quality by receiving the title of one of the top 100 property service enterprise brands in China and the Quality Award from the Xihu District Government in Hangzhou. Nacity Property Service Group offers a range of services including property management, city services, site services, and consulting services. It also provides value-added services in areas such as community O2O, housekeeping services, home improvement services, stock asset services, and community elderly care services. The company serves various types of properties including residential, commercial complexes, office buildings, industrial parks, cultural tourism sites, schools, banks, hospitals, and government projects. Its services cover major cities in Zhejiang Province and have expanded to more than ten provinces and municipalities including Beijing, Shanghai, Chongqing, and Jiangsu. Nacity Property Service Group has established long-term partnerships with large enterprise groups such as Intime Group, Greenland Group, and Alibaba. With a vision to become a century-old excellent service enterprise, Nacity Property Service Group is committed to putting customers first and aims to make life better. It upholds a service philosophy of "humanistic service, intelligent management" and has established a comprehensive service quality management system based on the future trend of complex space functions. The company strives to provide customers with comprehensive, scenario-based, and full-lifecycle services. It aims to transform from basic property services to comprehensive urban operation services, allowing customers to enjoy a happier and more convenient life. Nacity Property Service Group is dedicated to building a nationally recognized brand in the property service industry with a sense of social responsibility.

Headquarters
10F Unit 1 Bldg. A United Bldg. 2 Zijinghua R. Xihu Dist. Hangzhou Zhejiang
Hangzhou; Zhejiang; Postal Code: 310023

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Website: http://www.nacityres.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 13, 1994
Key Executives
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Chairman
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Executive President
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Chairman of the Supervisory Board
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Director
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Independent Director
Ownership Details
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34.36%
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21.48%
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4.98%
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3.94%
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1.5%
Subsidiaries
Haining Nandu Yuejun Property Service Co., Ltd.
100%
Haining Nandu Zhilian Property Service Co., Ltd.
100%
Hangzhou Leqin Building Engineering Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Nacity Property Service Group Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
-4.98%
Total operating revenue
-7.17%
Operating profit (EBIT)
-37.82%
EBITDA
-44.99%
Net Profit (Loss) for the Period
-44.09%
Total assets
11.77%
Total equity
9.82%
Operating Profit Margin (ROS)
-4.11%
Net Profit Margin
-3.79%
Return on Equity (ROE)
-1.92%
Quick Ratio
-0.04%
Cash Ratio
0.01%

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