According to "The Big Banks," CMB International expects CHINA RES MIXC's revenue to increase by 6.5% year-on-year last year, with a target price raised to 53.96 yuan

Zhao Yin International published a research report predicting that CHINA RES MIXC (01209.HK) will achieve a revenue of 18.2 billion yuan in 2025, representing a year-on-year growth of 6.5%. The residential business revenue is expected to remain flat year-on-year due to the drag from value-added services, while the commercial operations revenue is expected to grow by 13.8%.

The bank forecasts that CHINA RES MIXC's core net profit will grow by 10.8% year-on-year to 3.9 billion yuan in 2025. Stable gross profit margins in basic property management, continuous improvement in shopping center gross profit margins, and a decrease in the ratio of selling and administrative expenses will provide support. The bank maintains its revenue forecasts for 2025 to 2027 but has lowered its core net profit forecast by 4% due to a more reasonable pace of margin expansion. The target price has been raised by 4% to 53.96 yuan, with a rating maintained at "Buy."