观点网讯:4月7日,美银证券发表研究报告称,2024年中国物业管理行业的现金水平持续上升6%,目前平均占其市场份额的50%。现金的累积可能使行业在市场低迷时相对更具防守性,但也表明物业管理公司缺乏投资机会。如果该行业的自由现金流保持稳健,美银认为行业可通过进行新投资、进一步提高股东回报及潜在私有化机会来调配资金。美银对行业选股持选择性态度,即使估值不高,惟利润率及账款回收料更长时间受压,美银偏好...
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