Excellence Commercial Property & Facilities Management Group Limited

HKSE 6989.HK

Excellence Commercial Property & Facilities Management Group Limited Goodwill for the year ending December 31, 2023: USD 34.30 M

Excellence Commercial Property & Facilities Management Group Limited Goodwill is USD 34.30 M for the year ending December 31, 2023, a 5.06% change year over year. Goodwill is the value attributed to intangible assets, such as brand reputation or customer relationships, acquired in a business combination.

Excellence Commercial Property & Facilities Management Group Limited Goodwill for the year ending December 31, 2022 was USD 32.65 M, a 400.59% change year over year.
Excellence Commercial Property & Facilities Management Group Limited Goodwill for the year ending December 31, 2021 was USD 6.52 M, a -84.33% change year over year.
Excellence Commercial Property & Facilities Management Group Limited Goodwill for the year ending December 31, 2020 was USD 41.63 M, a 6.69% change year over year.
Excellence Commercial Property & Facilities Management Group Limited Goodwill for the year ending December 31, 2019 was USD 39.02 M, a 0.00% change year over year.

Key data

Date	Goodwill	Total Assets	Current Liabilities	Total Non-Current Liabilities

HKSE: 6989.HK

Excellence Commercial Property & Facilities Management Group Limited

CEO	Mr. Zhidong Yang
IPO Date	Oct. 19, 2020
Location	China
Headquarters	Tower 4, Excellence Century Center
Employees	17,163
Sector	Real Estate
Industries Office REITs Residential REITs

Description

Excellence Commercial Property & Facilities Management Group Limited provides commercial property management services in China. It operates through three segments: Property Management Services, Finance Services, and Other Services. The Property Management Services segment offers property management services or system supply and installation services to property developers, property owners, and tenants, as well as value-added services to such customers, including asset services, which comprise preliminary property consulting, property leasing and sales agency, asset-light property and space operation, and corporate services. It serves commercial properties, including commercial office buildings and complexes, high-tech industrial parks, government buildings, and residential apartments. The Finance Services segment principally provides micro-lending services to small and medium enterprises, individual business proprietors, and individuals. The Other Services segment offers software development and apartment rental services. Excellence Commercial Property & Facilities Management Group Limited was founded in 1999 and is headquartered in Shenzhen, China.

Key trends

Past 5 years