Strategy quick review: summary of gold stock recommendations in various industries in May 2022

Bank

The latest quarterly report of the company is excellent. In the long run, with the deepening of the strategy of becoming small and scattered, the competitiveness of small and micro enterprises continues to increase. Considering that the company's provision coverage is at a high level and the need for significant provision in the future decreases, it is expected that the roe center is expected to rise.

Real estate

1. Since the reorganization and listing of the company, the Department integration has progressed smoothly, gradually walked out of the painful period of integration, and the business structure has been continuously improved. The property management revenue accounted for 94% in 2021.

2. The parent company has outstanding comprehensive strength and has maintained stable sales growth and land acquisition in recent years. The company will benefit from the strong support of zhaoshe for the property sector in the future, and the growth certainty of the management area is guaranteed.

3. The company is a leader in the non residential field, with balanced business layout and high contribution of non residential income. With the maturity of the company's business structure and the improvement of operating efficiency, as well as the continuous delivery of new residential buildings and the continuous expansion of high gross profit non main business forms in the future, the company's profitability has great room for improvement.

4. The company's first M & a project since integration will not only benefit from the resource advantages of the parent company of large and medium-sized state-owned enterprise developers, but also benefit from the reconstruction of the industry pattern, and benefit from fresh project resources as a "credit intermediary".

5. If the company's assets are revalued according to the current industry value, the company will revalue them according to the current industry value.

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