PROPERTY MANAGEMENT, SECURITY, CLEANING,ADVERTISING AND CONFERENCE & EXHIBITIONORGANISING SERVICES SURVEY

(1)

Property Management, Security and Cleaning Services

Principal Indicators

Establishments (No.) Persons Engaged (No.) Receipts (Million MOP) Expenditure

Compensation of Employees Operating Expenses

Purchase of Goods, Outsourcing

& Commission Gross Value Added

Gross Fixed Capital Formation Gross Surplus

Gross Surplus Ratio (%)

Gross Surplus-Expenditure Ratio (%) Average Value Added per Person Engaged

('000 MOP)

• •

PROPERTY MANAGEMENT, SECURITY, CLEANING, ADVERTISING AND CONFERENCE & EXHIBITION ORGANISING SERVICES SURVEY

2020

Alameda Dr. Carlos d' Assumpção, No. 411-417, Dynasty Plaza, 17^th floor, Macao Tel: (853) 8399 5311 Fax: (853) 2830 7825 E-mail: info@dsec.gov.mo Establishments providing Property Management, Security and Cleaning

services totalled 582, representing an increase of 23 year-on-year; total number of persons engaged rose by 325 to 28,564. Total receipts and expenditure of these three industries dropped by 4.9% and 2.0% year-on- year respectively.

-0.1 –

–

Establishments engaged in Cleaning Services increased year-on-year; numbers of those engaged in Property Management and Security Services stayed unchanged, whereas establishments operating in Advertising and Conference & Exhibition Organising Services decreased. With respect to number of persons engaged, Property Management and Security Services saw a year-on-year rise, while the remaining industries registered a drop.

No. of Establishments and Persons Engaged

23 estab.

Receipts and expenditure of Property Management Services recorded year-on-year growth whereas those of the remaining four industries showed varying degrees of decline. Gross Surplus of Property Management Services rose year-on-year, while that of Cleaning and Security Services decreased.

In addition, Advertising and Conference & Exhibition Organising Services posted a deficit.

Gross Value Added, which measures the sectoral contribution to the economy, of Property Management Services increased year-on-year, whereas that of the remaining four industries declined. In terms of Gross Fixed Capital Formation, Cleaning Services recorded a year-on-year growth attributable to the purchase of assets such as property; by contrast, other industries saw a decrease.

Receipts and Expenditures

32 11

Total Property Management Security Cleaning

YoY(%) 2020 YoY(%)

-2.0 1 824 2.5

-10.4

2020 YoY(%)

286 2020

-4.4

150 -6.2 150

2020

-4.0 p.p.

YoY(%)

-15.8

-75.3 1 166

-1.6 73 -18.1 72 -8.9

4 291 -5.1 2 109 -7.1

-7.3

840 -3.0 604 -0.5

-7.0

582 236 - 60 -

981 5.5 1 893

2 054 -3.0

-1.6 23 estab.

924

1 016 1 144

-11.2

384 -6.6 239

5 021

1.2 7 791 4.1 0.3 9 335

3 797

5 515 -4.9 2 010 2.5 2 269 -7.8 1 236

28 564 11 439

-1.3

87

0.1 p.p. 10.5 8.1

494 9.0

-5.8 p.p.

-4.5 p.p.

18

-33.8 -55.0 2

5.1

148

9.5

9.8 -3.4 p.p. 10.2

39.4

-26.7 3.3 -37.9

-2.6 p.p. - -3.3 p.p.

186 216 -37.5 92

9.2 7.5

0.9 184 -7.3 109 -11.1

Gross Surplus fell by 26.7% year-on-year. Gross Surplus Ratio (9.0%) and Gross Surplus-Expenditure Ratio (9.8%) decreased by 2.6 percentage points and 3.4 percentage points respectively. Gross Value Added recorded a dip of 5.1% year-on-year.

統計暨普查局

Government of Macao Special Administrative Region Statistics and Census Service

559 582

28 239 28 564

0 200 400 600 800

2016 2017 2018 2019 2020

No. of Establishments No. of Persons Engaged

No. No.

5 801

5 515

5 126 5 021

2016 2017 2018 2019 2020

3000 4000 5000 6000

Receipts Expenditure

Million MOP 1.2%

23 estab. 2.0%

4.9%

r r

(2)

Property Management Services

•

Historical Data

Gross Value Added

Gross Surplus-Expenditure Ratio (%)

Security Services

•

7 482

9.3 173

9.2 180 11.9

1 110 1 861

211 257

19.5 793

A total of 60 establishments were operating in Security Services, the same as in 2019. Number of persons engaged nudged up by 29 year-on-year to 11,439.

Among the receipts of the industry, 99.7% were generated from provision of security services. As the demand for security services was affected by the slowdown in economic activity, receipts of the industry fell by 7.8% year-on-year.

Expenditure dropped by 3.0% year-on-year, of which Compensation of Employees went down by 1.6%, whereas Operating Expenses and Purchase of Goods, Outsourcing & Commission declined by 15.8% and 18.1% respectively.

As the decrease in Compensation of Employees was relatively small, its proportion of expenditure rose by 1.2 percentage points to 92.1%.

As regards Operating Expenses, expenditure on management services &

contractual services and professional & consulting services slid by 22.9% and 20.6% year-on-year respectively, whereas rents of establishments edged up by 0.5%.

998 Structure of Receipts

210

2016 218

Gross Surplus of the industry grew by 3.3% year-on-year. Gross Surplus Ratio (9.2%) remained unchanged year-on-year while Gross Surplus- Expenditure Ratio (10.2%) inched up by 0.1 percentage point. Gross Value Added that reflects the industry’s contribution to the economy went up by 5.1% year-on-year.

229

2018

6 875 6 794

231 239

2015

5 447

1 770

1 688 1 319

2017

5 182

1 200 Number of establishments providing Property Management services was

236, the same as in 2019. There were 7,791 persons engaged, up by 309 year-on-year.

Receipts of the industry went up by 2.5% year-on-year, driven by a 4.2%

growth in receipts from building management services. Expenditure grew by 2.5% year-on-year, with Compensation of Employees rising by 5.5%

and its proportion of expenditure growing by 1.5 percentage points to 53.8%; Operating Expenses edged down by 0.5% while Purchase of Goods, Outsourcing & Commission dropped by 1.6%.

Within Operating Expenses, except expenditure on water, electricity &

fuels (-9.3%) and uniforms (-13.2%), all other items of expenses increased year-on-year, with expenditure on management services & contractual services rising by 13.0%.

20.6 17.1 1 447

20

Structure of Receipts 874

10.1 247

1 062

Gross Fixed Capital Formation of the industry contracted by 55.0% year- on-year, on account of a reduction in the purchase of assets such as building units by some establishments.

21 1 011

17

2019^r Structure of Expenditure

13.6

24.2 10.2

1 559

25 236

1 960 1 780

83.7% 7.2%

9.1%

2020

Other Receipts Cleaning

Services Building

Management Services

82.4% 7.5%

10.1%

2019r

99.7%

0.3%

2020

Other Receipts Security Services

99.8%

0.2%

2019 Compensation of

Employees 53.8%

Operating Expenses 33.1%

Purchase of Goods, Outsourcing &

Commission 13.1%

Water, Electricity Charges & Fuels

12.4%

Maintenance & Repairs 8.6%

Management Services &

Contractual Services 5.0%

Rents of Establishments Consumables 1.3%

Other 1.6%

4.2%

(3)

•

Historical Data

Gross Value Added

Cleaning Services

•

13.7 10.5

Structure of Expenditure

2 047 23 39

12

2017 54 9 762

1 800 1 723

1 542

Gross Surplus of Security Services shrank by 37.5% year-on-year. Gross Surplus Ratio (9.5%) and Gross Surplus-Expenditure Ratio (10.5%) dropped by 4.5 percentage points and 5.8 percentage points respectively, indicating that the industry was less capable to convert receipts into Gross Surplus and was less cost-effective compared to 2019. Gross Value Added decreased by 7.1% year-on-year.

In view of a reduction in purchase of assets such as large machinery and equipment by some establishments, Gross Fixed Capital Formation of the industry contracted by 75.3% year-on-year.

272 9.5

162 1 562 9 038

12 1 703

2018 59

11 410 2019^r

10.0 180 9.1

2015 2016

346

16.3

Structure of Receipts Number of establishments engaged in Cleaning Services increased by 23

year-on-year to 286, while number of persons engaged edged down by 12 to 9,335.

Receipts of the industry dropped by 10.4% year-on-year, of which 97.9%

were generated from provision of cleaning services. Expenditure went down by 7.0% year-on-year, with Compensation of Employees, Operating Expenses and Purchase of Goods, Outsourcing and Commission showing decreases of less than 10%.

In terms of Operating Expenses, expenditure on consumables, the main item of expenses, dipped by 2.6% year-on-year, while that on management services & contractual services and rents of establishments fell by 6.3% and 7.7% respectively. Yet, expenses on maintenance &

repairs recorded an uplift of 33.1%.

10.4

2 462

177

2 117 2 269 10 2 251

9 187 1 886 1 708

In view of a fall in receipts from cleaning services, the primary business of the industry, Gross Surplus registered a decline of 37.9% year-on-year.

Gross Surplus Ratio (7.5%) and Gross Surplus-Expenditure Ratio (8.1%) dropped by 3.3 percentage points and 4.0 percentage points respectively.

Gross Value Added went down by 11.2% year-on-year.

Gross Fixed Capital Formation of the industry rose by 39.4% year-on-year, underpinned by the purchase of assets such as property.

60 45

10 485

1 844

12.1 1 980

7

1 979

9.4 14.0

92.1%

4.3%

3.6%

2020

Purchase of Goods, Outsourcing & Commission Operating

Expenses Compensation of

Employees

90.9%

4.9%

4.2%

2019

97.9%

0.4%

1.7%

2020

Other Receipts Building

Management Services Cleaning

Services 97.7%

0.5%

1.8%

2019

80.8% 12.9%

6.3%

2020

81.0%

12.6%

6.4%

2019

Purchase of Goods, Outsourcing & Commission Operating

Expenses Compensation of

Employees

r

(4)

Historical Data

Gross Value Added

Advertising and Conference & Exhibition Organising Services

Principal Indicators

Compensation of Employees Operating Expenses

Purchase of Goods, Outsourcing & Commission Gross Value Added

Gross Surplus-Expenditure Ratio (%) Average Value Added per Person Engaged

('000 MOP)

• •

..

7 048 8 081 8 798 9 431

15

- 6 .. - 7 .. 2

-14.0 -53.7

-29.7

263

175 213

162

2019^r

2015 2016 2017

238

YoY (%)

944 1 296

1 101

-40.2 533

273

-84.1

-1.7

..

-2.0 123

A total of 775 establishments were engaged in Advertising and Conference & Exhibition Organising Services, a decrease of 108 year-on- year; number of persons engaged dropped by 789 to 2,110. Receipts and expenditure of these two industries fell by 46.6% and 40.2% year-on-year respectively.

With expenditure exceeding receipts, establishments engaged in Advertising and Conference & Exhibition Organising Services posted a deficit of MOP14.17 million. Gross Surplus Ratio and Gross Surplus- Expenditure Ratio registered negative values. Gross Value Added reflecting the contribution of the two industries to the economy tumbled by 50.8% year-on-year.

..

-1.7 -1.2

2020 1 063

11.6

YoY (%) 953

894 956

13.0 123

5

111 110

797

2020

12.1 16.1

10.4

YoY (%) 821

1 163

No. of Establishments and Persons Engaged Receipts and Expenditures

-2.0 15.0

1 117

149

1 657 -30.2 453

288 811

9 347

9.5 10.4

11 13

13.9

1 230 26

775 -108 estab. -17 estab.

180

1 379

10.8 1 145

Total Advertising Conference & Exhibition

Organising 2020

1 053

-35.0

101 -22.0

-41.7 2018

824

666 -91 estab. 109

2 110 -27.2

194

-32.3 -46.6

259 -50.8 183 -48.7 76 -55.0

410 -48.9 239

-47.9 -25.1 41

-41.6 171 -56.4

-25.2

-31.5 80

523

141

291

-32.3 111 -26.6 168 -47.7

.. - 11 ..

.. -1.3

- 14

..

- 4

883

775

2 899 2 110

0 200 400 600 800 1,000 1,200

2016 2017 2018 2019 2020

No. of Establishments No. of Persons Engaged

No. No.

27.2%

108 estab.

1 519

811 1 379

824

2016 2017 2018 2019 2020

0 500 1000 1500 2000

Receipts Expenditure Million MOP

40.2%

46.6%

r r

(5)

Advertising Industry

•

Historical Data

Gross Value Added

Conference & Exhibition Organising Services

•

785

277

9.1 75

6.7 6.7

12.0

Structure of Receipts 14

5.1 4.9 13.7

2015 2016

17

744 820

2 372 2019^r

2 182

2018 726 2017

639

2 144 1 871

Structure of Receipts

With a substantial decline in MICE events, establishments operating in Conference & Exhibition Organising Services decreased by 17 year-on- year to 109. Number of persons engaged dropped by 74 year-on-year to 453, and 80.8% (366) of them were employees.

Receipts of the industry sank by 53.7% year-on-year, with those from conference & exhibition services tumbling by 60.2%. On the other hand, receipts from advertising services increased by 6.7% year-on-year attributable to the expansion of advertising business by some establishments. In terms of structure of receipts, the proportion of conference & exhibition services dipped by 12.8 percentage points year- on-year to 78.0%, while that of advertising services climbed by 8.8 percentage points to 15.5%.

357 813

897 841

789

757 Structure of Expenditure

868 678

315 2 140 917

804 335

60 27

8.3 110

6.3

53 6.3

16 38

601

300

54

As regards Purchase of Goods, Outsourcing & Commission, expenditure on advertising services and conference & exhibition services fell by 38.6%

and 45.5% year-on-year respectively. Within Operating Expenses, rents of establishments and expenses on consumables went down by 3.9% and 45.6% respectively, whereas expenditure on professional & consulting services increased by 14.0%.

There were 666 establishments operating in the Advertising industry, down by 91 year-on-year; number of persons engaged decreased by 715 to 1,657, with employees accounting for 70.2% (1,164) of the total.

As a number of large events were suspended or cancelled during the year, along with a decrease in advertising spending across industries, receipts of the Advertising industry plunged by 41.7% year-on-year. Receipts from advertising services dropped by 39.1% year-on-year, and yet their proportion of total receipts rose by 2.9 percentage points as receipts from conference & exhibition services and other receipts saw a steep decline.

Expenditure of the industry showed a year-on-year fall of 35.0%, with Purchase of Goods, Outsourcing & Commission, Compensation of Employees and Operating Expenses declining by 41.6%, 31.5% and 22.0% respectively.

As receipts were lower than expenditure, the industry recorded a deficit of MOP10.54 million. Gross Value Added declined by 48.7% year-on-year.

Gross Fixed Capital Formation of the industry registered a negative value owing to the sale of property by some establishments.

69.1%

28.5%

2.4%

2020

Conference & Exhibition Services

(including financial support from government/organisations) Advertising Services

Other Receipts 66.2%

30.9%

2.9%

2019 r

49.8%

34.4%

15.8%

2019

15.5%

78.0%

6.5%

2020

(including financial support from government/organisations) Advertising Services

Other Receipts

6.7%

90.8%

2.5%

2019r 44.8%

Compensation of Employees

36.3%

Operating Expenses

18.9% Expenditure on Conference

& Exhibition Services 15.1%

Expenditure on Advertising Services

27.8%

Other 1.9%

Commission 2020

r

(6)

•

Historical Data

Gross Value Added

The extrapolation of statistical results is as follows:

The statistical unit of this survey is an establishment. If an enterprise has more than one establishment engaged in the same economic activity, these establishments will be grouped together as one statistical unit. The Survey covers establishments operating in Property Management, Security, Cleaning, Advertising, and Conference & Exhibition Organising Services in the reference year. These industries are classified according to the Classification of Economic Activities of Macao – Revision 1 (CAM-Rev. 1). The list of establishments is originated from the Statistics and Census Service and supplemented with information from the Financial Services Bureau.

5 15

344 103

2016 2017

Expenditure of the industry shrank by 47.9% year-on-year; Purchase of Goods, Outsourcing & Commission declined by 56.4%, and their proportion of expenditure reduced from 70.3% to 58.8%. Despite year-on- year decreases in Compensation of Employees (-25.1%) and Operating Expenses (-32.3%), their shares of expenditure grew by 8.3 percentage points and 3.2 percentage points respectively.

Within Purchase of Goods, Outsourcing & Commission, expenditure on advertising services and conference & exhibition services plunged by 56.6% and 56.7% year-on-year respectively. With respect to Operating Expenses, expenditure on management services & contractual services dropped by 26.6% while rents of establishments grew by 1.6%.

469 388

126

92 344

559 622 367

2018

With receipts being lower than expenditure, the industry recorded a deficit of MOP3.63 million. Gross Value Added plummeted by 55.0% year-on- year.

Due to a reduction in the purchase of machinery and equipment, Gross Fixed Capital Formation slumped by 84.1% year-on-year.

2015 2019^r

12.7

36 16 13 7

63

5

67 80

3.2

2 304

5 11

2

435 133

98 113

169 373

314

527

44 11.2

7.8 4.1

Million MOP

10 34

7.3

total number of establishments of a stratum

number of samples of a stratum

Prior to 2020, full enumeration was carried out for Property Management, Security, Cleaning and Conference & Exhibition Organising Services, while a sample survey was conducted for the Advertising industry. In 2020, full enumeration was carried out for Security Services, whereas a sample survey was conducted for the remaining four industries..

Sampling Scheme and Inference of Results

standard deviation of a stratum

sampling fraction of a stratum

Of which:

Estimated variance of variable Y of a stratum:

Standard Error of Principal Indicators of Industries in 2020

14

70

426

12 1

Changes in Inventories

Gross Value Added

Gross Fixed Capital Formation

10.1 11.2

3.3 4.2

467

352

h an industry j a stratum i an establishment

y_hji variable y of establishment i in stratum j of

industry h

Estimated value of variable Y of a stratum:

Industry Persons

Engaged (No.) Receipts Compensation of Employees Scope and Coverage

Property Management

Commission

11 4 6 0^# 8 0^#

Advertising

39 10 9 3 3 1 9 1

Cleaning

3 3 1 3 0^# 1 -

11 Conference & Exhibition Organising

62

0^# Operating

Expenses Expenditure on

43.2%

Expenditure on Advertising Services

13.4%

Other 2.2%

58.8%

Compensation of Employees

27.3%

Operating Expenses 13.9%

2020

70.3%

19.0%

10.7%

2019 r

Commission

1

•

(7)

r Revised Figures p.p. Percentage point % Percentage .. Not applicable

MOP Macao Pataca '000 Thousand YoY Year-on-year change

estab. Establishment Absolute value equals zero Magnitude less than half of the unit employed

For additional information:

http://www.dsec.gov.mo/e/ser.aspx

Purchase of Goods, Outsourcing & Commission: Include the value of purchase of goods for resale and the costs incurred in outsourcing work or services to a third party (including purchase of property management, cleaning and security services). Commission refers to service payments made to agents or intermediaries.

Symbols and Abbreviations

Gross Surplus: Equals receipts, plus Changes in Inventories, minus expenditure.

Gross Surplus Ratio: Gross Surplus divided by receipts and multiplied by 100%. The higher the ratio, the more effective a sector is at converting receipts into Gross Surplus.

Gross Surplus-Expenditure Ratio: Gross Surplus divided by expenditure and multiplied by 100%. The higher the ratio, the more cost-effective an establishment is.

Average Value Added per Person Engaged: Gross Value Added divided by number of persons engaged. An indicator that measures the sectoral contribution of each person engaged to the economy.

Receipts: Operating receipts from the provision of services before any deduction of costs, which include receipts from Property Management Services; Cleaning Services; Security Services; Rental of Property; Advertising (including Design and Production); Conference & Exhibition Organising Services, etc., and commission received. However, Non-operating Receipts such as interest received and insurance claims are excluded.

Expenditure: Includes Compensation of Employees, Purchase of Goods, Outsourcing & Commission and Operating Expenses; however, Non-operating Expenses such as depreciation and interest paid are excluded.

0^#

Establishment: An economic unit which engages in one or predominantly one kind of economic activity at a single location.

Persons Engaged: All individuals who work for the establishment as at the last working day of the reference year, including full-time employees and unpaid workers; however, those who are absent on that day and are absent for an indefinite period are excluded.

Operating Expenses: Include consumables, water & electricity charges and fuels, maintenance & repairs, rents of establishments, premiums for non-labour insurance, market research & publicity, professional & consulting services, management services & contractual services (including security, cleaning and pest control services, etc.), and other operating expenses.

Glossary

Gross Fixed Capital Formation: Equals the value of total acquisitions of fixed assets, less the proceeds from sales of fixed assets, within the reference year. Fixed assets include buildings; machinery, vehicles & other equipment; computer software; and other durable goods with a lifespan of one year or more. Also included are major repairs, alterations and extensions made to the existing fixed assets.

Gross Value Added: Equals receipts, plus Changes in Inventories, minus Purchase of Goods, Outsourcing & Commission and Operating Expenses.

-