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Fineland Real Estate Services Group (9978) AI Stock Analysis
Fineland Real Estate Services Group
(HKEX:9978)
The score is driven primarily by severe financial deterioration, especially recurring losses and negative equity. Weak valuation and mixed technical indicators provide little offset, resulting in a very low overall stock score.
Fineland Real Estate Services Group (9978) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 718.00M
- Dividend Yield
- ―
- Average Volume (3M)
- 2.05M
- Price to Earnings (P/E)
- -15.3
- Beta (1Y)
- 0.69
- Revenue Growth
- 0.94%
- EPS Growth
- 44.16%
- Country
- Hong Kong
- Employees
- 1,379
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Services
Fineland Real Estate Services Group Business Overview & Revenue Model
Company Description
Fineland Living Services Group Ltd. engages in the provision of real estate agency services. It operates through the Provision of Comprehensive Real Estate Agency Services and Provision of Property Management Services.
Fineland Real Estate Services Group Financial Statement Overview
Summary
Severe financial strain from persistent net losses, declining revenue, negative shareholders’ equity, shrinking assets, and weakening cash generation. Positive operating and free cash flow and relatively low financial debt provide limited support but do not offset the deteriorating earnings and capital position.
Income Statement
20Very NegativeBalance Sheet
15Very NegativeCash Flow
35Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 337.97M | 341.68M | 369.10M | 426.78M | 511.94M | 571.41M |
| Gross Profit | 53.01M | 52.56M | 59.27M | 87.03M | 102.27M | 138.61M |
| EBITDA | -21.22M | -39.09M | -78.22M | -56.90M | 34.56M | 38.69M |
| Net Income | -37.43M | -51.12M | -76.93M | -60.61M | 18.16M | 20.20M |
Balance Sheet | ||||||
| Total Assets | 298.00M | 300.08M | 366.74M | 478.29M | 573.84M | 454.17M |
| Cash, Cash Equivalents and Short-Term Investments | 66.69M | 70.60M | 65.78M | 92.52M | 118.20M | 90.84M |
| Total Debt | 584.89K | 730.31K | 994.00K | 20.57M | 35.94M | 3.99M |
| Total Liabilities | 287.50M | 293.68M | 281.02M | 305.37M | 336.33M | 249.12M |
| Stockholders Equity | -11.78M | -20.50M | 34.05M | 112.77M | 173.24M | 158.84M |
Cash Flow | ||||||
| Free Cash Flow | 24.90M | 7.58M | 9.78M | 88.00K | 15.78M | -21.92M |
| Operating Cash Flow | 25.46M | 7.94M | 11.97M | 4.82M | 17.06M | -17.83M |
| Investing Cash Flow | 484.38K | 1.47M | -8.82M | -11.15M | -20.39M | -23.08M |
| Financing Cash Flow | -6.82M | -5.50M | -26.51M | -23.36M | 30.81M | -7.20M |
Fineland Real Estate Services Group Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9978, the sentiment is Neutral. The current price of 1.79 is below the 20-day moving average (MA) of 2.24, below the 50-day MA of 2.19, and above the 200-day MA of 0.72, indicating a neutral trend. The MACD of -0.18 indicates Positive momentum. The RSI at 42.17 is Neutral, neither overbought nor oversold. The STOCH value of 37.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:9978.
Fineland Real Estate Services Group Peers Comparison
Overall Rating
HK:189570Outperform
HK:992864.9Neutral
HK:331960Neutral
HK:177856Neutral
HK:115347Neutral- HK:997841Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:1895 | 70Outperform | HKD 171.98M | 1.50 | 15.16% | 13.17% | 4.17% | 10.89% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| HK:9928 | 65Neutral | HKD 456.78M | 20.88 | 1.38% | 11.83% | 9.07% | -21.33% |
| HK:3319 | 60Neutral | HKD 2.67B | 31.91 | 0.70% | 7.27% | -2.93% | ― |
| HK:1778 | 56Neutral | HKD 210.11M | 7.05 | 0.58% | ― | 6.05% | 37.17% |
| HK:1153 | 47Neutral | HKD 215.11M | 50.28 | 30.35% | ― | 0.04% | -95.28% |
| HK:9978 | 41Neutral | HKD 718.00M | -15.34 | 231.90% | ― | 0.94% | 44.16% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:9978 | Fineland Real Estate Services Group | 1.79 | 1.69 | 1609.52% | |
| HK:1778 | Colour Life Services Group Co | 0.11 | -0.07 | -37.22% | |
| HK:3319 | A-Living Smart City Services Co., Ltd. Class H | 1.88 | -0.47 | -20.07% | |
| HK:9928 | Times Neighborhood Holdings Ltd. | 0.47 | -0.03 | -6.63% | |
| HK:1153 | Jiayuan Services Holdings Limited | 0.32 | -0.08 | -20.00% | |
| HK:1895 | Xinyuan Property Management Service (Cayman) Ltd. | 0.29 | -0.24 | -45.28% |
Fineland Real Estate Services Group Corporate Events
Fineland Living Services Reshapes Governance Team with New Company Secretary
Fineland Living Services Group Limited announced a change in key governance roles as company secretary and authorised representative, effective 19 October 2026, following the resignation of Ms. Chan Charmayne, who reported no disagreement with the bo...
Fineland Living Services Launches Mandatory Cash Offer Documentation
Fineland Living Services Group Limited, a Cayman Islands-incorporated provider of living services to real estate communities in Greater China, is listed on the Hong Kong Stock Exchange under stock code 9978. The company’s ownership structure is...
Yoncan Secures Control of Fineland Living Services with Mandatory Cash Offer
Fineland Living Services Group has confirmed that Yoncan Co., Ltd. has completed the acquisition of a controlling stake in the company through a share purchase agreement. The deal involves 200,044,000 shares, representing about 50.01% of FinelandR...
Fineland Living Services Wins Shareholder Backing for Major Share Subscription
Fineland Living Services Group Limited has secured shareholder approval at its extraordinary general meeting held on 30 September 2026 for a major share subscription transaction. The resolutions authorize the subscription of up to 370,000,000 new ord...
Fineland Living Services Updates Market on Possible Mandatory Cash Offer
Fineland Living Services Group Limited, a Hong Kong-listed provider of property-related living services, operates in the real estate services industry with a focus on community and lifestyle support for residential developments. Its corporate and own...
Fineland Living Services Seeks Shareholder Approval for Major Share and Warrant Subscriptions
Fineland Living Services Group Limited has convened an extraordinary general meeting for 30 September 2026 in Guangzhou to seek shareholder approval for a share subscription agreement involving up to 370,000,000 new shares at HK$0.14 each. The resolu...
Fineland Living Services Sends Circular on Conditional Share and Warrant Deals
Fineland Living Services Group Limited has dispatched a circular to shareholders detailing a proposed connected transaction and special deal involving a subscription of new shares under a specific mandate, alongside the planned issuance of unlisted w...
Fineland Living Services Posts Interim Profit but Faces Going-Concern Risks
Fineland Living Services Group Limited has reported unaudited condensed consolidated interim results for the six months ended 30 June 2026, posting a net profit of approximately RMB5.01 million for the period. The interim report will be made availabl...
Fineland Living Services Delays Key Circular and Extends Offer Document Timetable
Fineland Living Services Group and offeror Yoncan Co., Ltd. have announced a delay in sending a circular to shareholders covering a connected share subscription, a special deal, and the issue of unlisted warrants under specific mandates. The circular...
Fineland Living Services to Review Interim 2026 Results and Consider Dividend
Fineland Living Services Group Limited has scheduled a board meeting for 28 August 2026 to review and approve the unaudited condensed consolidated financial results for the six months ended 30 June 2026. The board will also consider the issuance of a...
Yoncan to Take Control of Fineland Living Services, Triggering Mandatory Cash Offer
Fineland Living Services Group Limited, a Hong Kong-listed provider of real estate-related living services, operates within the property services industry in the region. The company is structured with 400,000,000 issued shares and is subject to Hong...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 17, 2026