On November 26, the China Index Research Institute released a research report based on the three quarterly reports of housing enterprises, saying that in the first three quarters of 2024, the average operating income of listed housing enterprises in Shanghai and Shenzhen was 16.26 billion yuan, down 21.1% year on year, and the average net profit fell from 840 million yuan in the same period last year to -160 million yuan, causing losses. Judging from the specific performance of the 72 listed housing enterprises in Shanghai and Shenzhen that released financial data, 75% of the companies achieved a year-on-year decline in operating income, and the operating income and net profit of listed housing enterprises continued to be adjusted. In response, Liu Shui, director of corporate research at the China Index Research Institute, said that although the sharp decline in carry-over area is the main reason for the decline in the operating income of housing enterprises, the improvement in housing companies' sales since October may be beneficial to the stabilization of future price expectations and the recovery in carry-over revenue. However, the results may not be apparent in the short term. Liu Shui believes that from a comprehensive perspective, housing enterprises listed in Shanghai and Shenzhen are still facing certain challenges in improving cash flow in the short term. They need to focus on liquidity, strengthen cash flow control, increase sales efforts, pay close attention to sales repayments, and at the same time seize the policy window to increase cash inflows.

On November 26, the China Index Research Institute released a research report based on the three quarterly reports of housing enterprises, saying that in the first three quarters of 2024, the average operating income of listed housing enterprises in Shanghai and Shenzhen was 16.26 billion yuan, down 21.1% year on year, and the average net profit fell from 840 million yuan in the same period last year to -160 million yuan, causing losses. Judging from the specific performance of the 72 listed housing enterprises in Shanghai and Shenzhen that released financial data, 75% of the companies achieved a year-on-year decline in operating income, and the operating income and net profit of listed housing enterprises continued to be adjusted. In response, Liu Shui, director of corporate research at the China Index Research Institute, said that although the sharp decline in carry-over area is the main reason for the decline in the operating income of housing enterprises, the improvement in housing companies' sales since October may be beneficial to the stabilization of future price expectations and the recovery in carry-over revenue. However, the results may not be apparent in the short term. Liu Shui believes that from a comprehensive perspective, housing enterprises listed in Shanghai and Shenzhen are still facing certain challenges in improving cash flow in the short term. They need to focus on liquidity, strengthen cash flow control, increase sales efforts, pay close attention to sales repayments, and at the same time seize the policy window to increase cash inflows.