Jinmao Property Services Co., Ltd. (0816) AI Stock Analysis

• Market Cap: HK$2.71B
• Dividend Yield: 8.47%
• Average Volume (3M): 609.90K
• Price to Earnings (P/E): 6.7
• Beta (1Y): 1.14
• Revenue Growth: 9.38%
• EPS Growth: 8.61%
• Country: HK
• Employees: 2,670
• Sector: Real Estate
• Sector Strength: 81
• Industry: Real Estate - Services
• EPS (TTM): 0.45
• Shares Outstanding: 904,189,000
• 10 Day Avg. Volume: 793,172
• 30 Day Avg. Volume: 609,904
• PEG Ratio: 0.78
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$4.87
• Price Target Upside: 62.33% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

Jinmao Property Services holds a solid position in the real estate services sector, supported by strong financial performance and an attractive valuation. The company's robust revenue growth, profitability, and conservative debt levels are significant strengths. However, the absence of current cash flow data raises some concerns about financial consistency. Technical indicators present a mixed picture, suggesting the stock is in a consolidation phase with potential resistance ahead. The favorable valuation metrics, including a low P/E ratio and high dividend yield, make the stock appealing, especially for value and income investors.

Jinmao Property Services Co., Ltd. Business Overview & Revenue Model

Company Description

Jinmao Property Services Co., Ltd. (0816) is a leading property management company in China, offering an extensive range of services across the real estate sector. The company specializes in providing comprehensive property management solutions, including residential, commercial, and mixed-use developments. Jinmao is known for its commitment to enhancing property value and delivering premium services to property owners and tenants, aligning with the evolving dynamics of urban development in China.

How the Company Makes Money

Jinmao Property Services Co., Ltd. generates revenue primarily through property management fees charged to property owners and developers for managing residential, commercial, and mixed-use properties. The company offers a variety of services such as maintenance, security, landscaping, and customer service, which contribute to its income. Additionally, Jinmao may engage in value-added services, including consultancy and asset management, further enhancing its revenue streams. Strategic partnerships with real estate developers and local governments can also play a crucial role in expanding its client base and increasing revenue potential.

Jinmao Property Services Co., Ltd. Financial Statement Overview

Summary

Overall, Jinmao Property Services Co., Ltd. exhibits a strong financial standing with solid revenue growth and profitability. The company’s conservative debt strategy ensures financial stability, while robust equity returns highlight effective management. Despite the positive trajectory, the absent cash flow data for the latest period suggests a need for attention to cash flow consistency to maintain financial health. The company's solid operational and financial metrics position it well for sustained growth in the real estate services industry.

Income Statement

Jinmao Property Services shows a strong financial performance with consistent revenue growth over the years. The revenue growth rate from 2023 to 2024 is 9.66%, and the company maintains healthy profitability margins. The Gross Profit Margin is 23.82%, and the Net Profit Margin is 12.56%, indicating efficient cost management and strong profitability. The EBIT and EBITDA margins are also solid at 16.39% and 15.85%, respectively. The company's upward trajectory in profitability metrics signals robust operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a healthy increase in stockholders’ equity. The Debt-to-Equity Ratio is 0.13, which is low and indicates a conservative capital structure with minimal reliance on debt. The Return on Equity (ROE) is strong at 21.85%, showcasing effective use of equity to generate profits. The Equity Ratio stands at 39.38%, demonstrating a balanced approach to financing with a solid equity base. The overall low debt and strong equity position are strengths, though a higher asset base could provide room for further growth.

Cash Flow

Cash flow analysis shows mixed results, with a notable absence of operating and free cash flow for 2024. Historically, the company has demonstrated strong free cash flow generation, as seen in 2023 with a Free Cash Flow of 394.8 million. The Free Cash Flow to Net Income Ratio from 2023 is 1.17, indicating efficient cash generation relative to net income. However, the lack of cash flow data for 2024 introduces uncertainty and warrants caution. The prior years' positive cash flow trends suggest resilience, but consistent cash flow management is crucial for ongoing stability.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
2.70B	2.44B	1.52B	944.21M	788.32M
	Gross Profit
746.54M	733.87M	470.03M	234.79M	151.52M
	EBIT
451.78M	429.43M	238.05M	97.87M	36.98M
	EBITDA
495.86M	487.95M	303.83M	182.63M	109.46M
	Net Income Common Stockholders
337.31M	336.00M	177.98M	77.12M	22.62M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.25B	1.02B	553.62M	278.86M	155.11M
	Total Assets
3.61B	3.00B	1.36B	2.14B	1.99B
	Total Debt
135.64M	100.54M	34.31M	1.10B	1.22B
	Net Debt
-1.12B	-918.42M	-519.30M	827.97M	1.07B
	Total Liabilities
2.05B	1.64B	1.16B	2.09B	1.88B
	Stockholders Equity
1.54B	1.34B	195.40M	49.13M	107.83M
Cash Flow		Free Cash Flow
394.80M	83.53M	310.20M	109.28M	-3.07M
	Operating Cash Flow
450.78M	154.08M	347.43M	136.25M	15.90M
	Investing Cash Flow
-54.85M	-359.59M	1.08B	170.55M	176.88M
	Financing Cash Flow
-162.89M	664.98M	-1.14B	-191.09M	-197.70M

Jinmao Property Services Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0816, the sentiment is Positive. The current price of 3 is above the 20-day moving average (MA) of 2.80, above the 50-day MA of 2.90, and above the 200-day MA of 2.69, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 61.24 is Neutral, neither overbought nor oversold. The STOCH value of 79.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0816.

Jinmao Property Services Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2869	76 Outperform	HK$13.83B	18.53	8.94%	3.43%	1.01%	12.45%
0816	74 Outperform	HK$2.71B	6.72	23.00%	8.47%	9.38%	8.61%
6098	68 Neutral	$23.50B	12.07	4.96%	0.36%	1.31%	379.84%
1995	68 Neutral	HK$3.28B	6.45	9.70%	9.32%	2.68%	8.49%
3662	67 Neutral	HK$392.18M	3.76	8.37%	―	-14.98%	-39.71%
Sector *	60 Neutral	$2.80B	11.09	0.20%	8508.36%	6.13%	-16.84%
3319	46 Neutral	HK$4.13B	―	-29.17%	3.59%	-11.94%	-756.32%

Jinmao Property Services Co., Ltd. Corporate Events

Jinmao Property Services Announces Strategic Acquisition of Jinmao Lvjian Chongqing

Jinmao Property Services Co., Ltd. has announced a significant acquisition of the entire equity interest in Jinmao Lvjian Chongqing for RMB258 million. This acquisition, subject to shareholder approval, will see Jinmao Lvjian Chongqing become an indirect wholly-owned subsidiary, consolidating its financial results into Jinmao Property Services’ accounts. The transaction is categorized as both a discloseable and connected transaction under Hong Kong’s Listing Rules, requiring independent shareholder approval and compliance with specific reporting and announcement requirements.

Jinmao Property Services Clarifies Financial Statement Publication

Jinmao Property Services Co., Limited has issued a supplemental announcement regarding its annual results for the year ended 31 December 2024. The company clarified that the financial information for 2023 and 2024 does not constitute statutory financial statements but is derived from them. The statutory financial statements for 2023 have been submitted to the Registrar of Companies, and those for 2024 will be delivered in due course. The auditor’s reports for both years were unqualified, indicating no significant issues were found.

Jinmao Property Services Reports Revenue Growth and Increased Profit for 2024

Jinmao Property Services Co., Ltd. reported a 9.7% increase in total revenue for the year ended December 31, 2024, reaching approximately RMB2,966.0 million. Despite a decrease in gross profit by 5.4%, the company’s profit increased by 12.0% to approximately RMB384.0 million. The earnings per share rose to RMB0.41, and the company saw significant growth in its contracted and managed gross floor area. The board has recommended a final dividend of HK9.6 cents per share.

Jinmao Property Services Announces Final Dividend for 2024

Jinmao Property Services Co., Ltd. has announced a final cash dividend of HKD 0.096 per share for the financial year ending December 31, 2024. The dividend will be paid on July 31, 2025, following shareholder approval on June 20, 2025. This announcement reflects the company’s commitment to returning value to its shareholders and may impact its financial standing and investor relations positively.

Jinmao Property Services Schedules Board Meeting to Review Annual Results

Jinmao Property Services Co., Ltd. has announced that its board of directors will meet on March 24, 2025, to consider and approve the annual results for the year ending December 31, 2024. The meeting will also discuss the recommendation of a final dividend and other business matters, which could impact the company’s financial strategy and shareholder returns.