Sino-Ocean Service Holding Ltd. (6677) AI Stock Analysis

• Market Cap: HK$556.48M
• Dividend Yield: 6.37%
• Average Volume (3M): 526.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.49
• Revenue Growth: -7.62%
• EPS Growth: -1151.82%
• Country: HK
• Employees: 8,585
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.28
• Shares Outstanding: 1,184,000,000
• 10 Day Avg. Volume: 262,052
• 30 Day Avg. Volume: 526,624
• PEG Ratio: -0.73
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.23
• P/FCF Ratio: 6.51
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 48 Neutral
• Price Target: HK$0.50 ▲(8.70% Upside)

Sino-Ocean Service Holding Ltd. faces significant challenges, primarily due to declining financial performance and bearish technical indicators. The negative P/E ratio further weighs on the valuation, although the high dividend yield offers some appeal. The lack of earnings call data and corporate events means these factors do not influence the score.

Sino-Ocean Service Holding Ltd. Business Overview & Revenue Model

Company Description

Sino-Ocean Service Holding Limited, an investment holding company, primarily offers property management services in the People's Republic of China. The company's property management services comprising security, cleaning, greening, gardening, and repair and maintenance services to property owners and residents, as well as property developers. The company's property management portfolio covers residential properties; commercial properties comprising office buildings and shopping malls; and public and other properties consisting of hospitals, public service facilities, government buildings, and schools. Its value-added services, such as pre-delivery services to property developers to assist with their sales and marketing activities at property sales venues and display units; consultancy services to assist with the overall planning and management of pre-sale activities; and property engineering services. The company's community value-added services include carpark management and community space operation services; community living services, such as home appliances maintenance and repair services, retail sale of commodities, home decoration services, housekeeping, and other bespoke services; and property brokerage services to property owners and residents of its managed properties. It also offers information technology services. The company was founded in 1997 and is headquartered in Beijing, the People's Republic of China. Sino-Ocean Service Holding Limited is a subsidiary of Shine Wind Development Limited.

How the Company Makes Money

Sino-Ocean Service Holding Ltd. generates revenue primarily through its property management services, which include fees collected from managing residential and commercial properties. Key revenue streams comprise management fees, service charges from residents and tenants, and income from ancillary services like security and maintenance. The company also benefits from long-term contracts with property developers and real estate owners, providing a stable income source. Additionally, partnerships with real estate developers allow Sino-Ocean to secure management contracts for new properties, further enhancing its revenue potential. The increasing demand for quality property management in urban areas, coupled with their established reputation, contributes significantly to their earnings.

Sino-Ocean Service Holding Ltd. Financial Statement Overview

Summary

Sino-Ocean Service Holding Ltd. faces challenges with declining revenues, profitability, and negative cash flows, despite maintaining a strong balance sheet with low leverage. The company needs to address operational efficiency to improve profitability and cash generation.

Income Statement

Sino-Ocean Service Holding Ltd. has shown declining revenue in recent years with a 9.35% decrease from 2022 to 2023. The gross profit margin has decreased to 18.22% in 2023 from 23.53% in 2022, indicating pressure on profitability. The net profit margin also decreased to 1.34% from 2.6% in the previous year. These trends highlight significant challenges in maintaining profitability.

Balance Sheet

The company maintains a strong equity position with a debt-to-equity ratio of 0.0036 in 2023, indicating low leverage. The equity ratio remains stable at around 51.96%. However, the return on equity has decreased to 2.01% in 2023 from 3.43% in 2022, reflecting reduced profitability on equity employed.

Cash Flow

Operating cash flow was negative in recent years, with -111,122,000 in 2023, indicating cash flow challenges. Free cash flow has also been negative, showing no improvement in liquidity. The lack of positive cash flow from operations could pose risks if this trend continues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.79B	2.84B	3.13B	3.33B	2.97B	2.02B
Gross Profit	352.49M	517.28M	597.74M	769.44M	824.84M	511.30M
EBITDA	-116.04M	144.66M	187.30M	157.92M	585.22M	489.02M
Net Income	-340.53M	28.91M	42.15M	75.75M	439.02M	257.63M
Balance Sheet
Total Assets	3.76B	4.02B	4.04B	4.09B	3.83B	3.09B
Cash, Cash Equivalents and Short-Term Investments	759.12M	761.14M	678.88M	501.45M	2.53B	2.18B
Total Debt	8.83M	5.61M	7.67M	16.68M	21.14M	12.73M
Total Liabilities	1.94B	1.89B	1.89B	1.83B	1.39B	1.04B
Stockholders Equity	1.79B	2.10B	2.10B	2.26B	2.40B	2.03B
Cash Flow
Free Cash Flow	50.79M	102.53M	-127.14M	-141.41M	494.80M	352.31M
Operating Cash Flow	58.12M	115.55M	-111.12M	-43.57M	509.74M	361.35M
Investing Cash Flow	12.27M	34.97M	506.79M	-1.71B	-56.39M	2.82B
Financing Cash Flow	-19.08M	-40.06M	-210.46M	-291.99M	-92.95M	-1.42B

Sino-Ocean Service Holding Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.46
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6677, the sentiment is Negative. The current price of 0.46 is below the 20-day moving average (MA) of 0.48, below the 50-day MA of 0.50, and below the 200-day MA of 0.55, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 28.30 is Positive, neither overbought nor oversold. The STOCH value of -6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6677.

Sino-Ocean Service Holding Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2205	―	HK$469.00M	11.15	5.26%	8.29%	-5.08%	27.33%
Sector *	―	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
6093	―	HK$358.40M	18.44	2.59%	―	3.93%	-71.60%
2215	―	HK$468.12M	13.71	4.11%	―	-7.17%	-22.01%
0021	―	HK$389.57M	28.14	-4.27%	―	1303.01%	-45.00%
6677	―	HK$556.48M	―	-17.20%	6.37%	-7.62%	-1151.82%
3913	―	HK$474.05M	24.82	-29.80%	―	-15.03%	-3600.73%

Sino-Ocean Service Holding Ltd. Corporate Events

Sino-Ocean Service Holding Ltd. Announces EGM for Framework Agreement Approval

Sino-Ocean Service Holding Ltd. has announced an Extraordinary General Meeting (EGM) scheduled for October 31, 2025, to approve a Framework Agreement and related transactions. This meeting is significant for the company as it involves ratifying important agreements that could impact its operational strategies and stakeholder interests. Shareholders are encouraged to participate, with provisions made for proxy voting to ensure broad representation.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.

Sino-Ocean Service Delays Circular Dispatch, Sets EGM Date

Sino-Ocean Service Holding Limited has announced a further delay in the dispatch of its Circular related to a major and connected transaction, now expected around 15 October 2025. The delay is due to the additional time required to finalize the contents of the Circular, which includes details of the Framework Agreement and associated transactions, recommendations, and valuation reports. The Extraordinary General Meeting (EGM) to approve these transactions is scheduled for 31 October 2025, with the register of members closed from 27 to 31 October 2025 to determine voting eligibility.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.

Sino-Ocean Service Holding Ltd. Announces Further Delay in Transaction Circular Dispatch

Sino-Ocean Service Holding Ltd. announced a further delay in the dispatch of a circular related to a major and connected transaction. The circular, which includes important details such as the Framework Agreement, recommendations, and valuation reports, was initially expected to be sent out by 25 September 2025 but is now postponed to around 9 October 2025 due to additional time required for finalizing its contents. This delay may impact the company’s operational timeline and stakeholder engagement concerning the transaction.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.

Sino-Ocean Service Faces Challenges Amid Real Estate Downturn

Sino-Ocean Service Holding Limited reported a challenging first half of 2025, with a decrease in total contracted and managed GFA, and a decline in revenue and gross profit due to the sluggish macroeconomic environment and real estate market downturn in China. The company faced a significant loss attributable to owners, driven by increased provisions for impairment losses. Despite these challenges, the company is focusing on high-quality, sustainable operations, optimizing service quality, and enhancing operational efficiency to navigate the competitive property management industry. The industry is undergoing transformation with policy support and evolving market demands, presenting both challenges and opportunities for growth.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.

Sino-Ocean Service Announces Delay in Transaction Circular Dispatch

Sino-Ocean Service Holding Limited has announced a delay in the dispatch of a circular related to a major and connected transaction. The circular, which includes details of a Framework Agreement, recommendations, and valuation reports, was initially expected to be sent to shareholders by August 25, 2025, but will now be postponed to around September 25, 2025. This delay may impact the company’s timeline for shareholder engagement and transaction finalization.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.

Sino-Ocean Service Issues Profit Warning Amid Real Estate Downturn

Sino-Ocean Service Holding Ltd. has issued a profit warning, expecting to record a significant loss between RMB295.0 million and RMB326.0 million for the first half of 2025, compared to a profit of RMB59.3 million in the same period of 2024. This downturn is attributed to the adverse impact of the Chinese real estate market, leading to increased provisions for impairment losses on receivables, inventories, and goodwill. The company is finalizing its unaudited financial results, advising caution to shareholders and potential investors regarding the preliminary figures.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.

Sino-Ocean Service Holding Ltd. Schedules Board Meeting for Interim Results

Sino-Ocean Service Holding Ltd. has announced that its board of directors will meet on August 27, 2025, to approve the interim results for the first half of the year and consider the payment of an interim dividend. This meeting is significant as it will provide insights into the company’s financial performance and potential shareholder returns, impacting its market positioning and stakeholder interests.