Want to see HK:9979 full AI Analyst Report?
Top Page
Greentown Management Holdings Co., Ltd.
(9979)
Select Model
Select Model
Rating:74Outperform
Price Target:
HK$2.00
â–²(5.26% Upside)
Action:Reiterated
Date:08/06/26
The score is primarily supported by strong financial strength (very low leverage and resilient balance sheet) and attractive valuation (low P/E and very high dividend yield). Offsetting these positives, technicals are only neutral-to-weak with the stock below key longer-term moving averages, and recent profitability has downshifted with more variable cash flow.
Positive Factors
Very low leverage
An extremely conservative balance sheet gives Greentown Management meaningful financial flexibility and reduces refinancing risk. Low leverage can help the company withstand property-sector volatility, preserve capacity for investment, and support stable operations without heavy interest burdens.
Negative Factors
Recent revenue contraction
The 2025 revenue decline indicates that the company’s recent growth trajectory has weakened after several years of expansion. Sustained contraction could limit operating leverage, reduce the ability to spread costs across managed properties, and make future earnings growth more dependent on execution.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage
An extremely conservative balance sheet gives Greentown Management meaningful financial flexibility and reduces refinancing risk. Low leverage can help the company withstand property-sector volatility, preserve capacity for investment, and support stable operations without heavy interest burdens.
Read all positive factors
Greentown Management Holdings Co., Ltd. (9979) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$3.83B
Dividend Yield16.6%
Average Volume (3M)1.10M
Price to Earnings (P/E)7.5
Beta (1Y)0.90
Revenue Growth5.42%
EPS Growth-18.50%
CountryHK
Employees2,390
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)0.22
Shares Outstanding2,000,000,000
10 Day Avg. Volume1,555,700
30 Day Avg. Volume1,100,386
Financial Highlights & Ratios
PEG Ratio-0.24
Price to Book (P/B)1.36
Price to Sales (P/S)1.58
P/FCF Ratio18.36
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$2.64Price Target Upside39.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)0.22
Revenue Forecast (FY)HK$3.17B
Greentown Management Holdings Co., Ltd. Business Overview & Revenue Model
Company Description
Greentown Management Holdings Limited operates as an investment holding company, delivering project management services across the People's Republic of China. Its operations are segmented into Commercial Project Management, Governmental Project Ma...
How the Company Makes Money
Greentown Management Holdings primarily makes money by charging service fees for managing properties under contract. Its revenue model typically includes (1) property management service fees earned for providing day-to-day estate and building mana...
Greentown Management Holdings Co., Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
92
Very Positive
Cash Flow
68
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 3.19B | 3.12B | 3.44B | 3.30B | 2.66B | 2.24B |
| Gross Profit | 1.28B | 1.24B | 1.71B | 1.72B | 1.39B | 1.04B |
| EBITDA | 741.53M | 733.96M | 1.11B | 1.27B | 1.01B | 752.93M |
| Net Income | 430.49M | 419.04M | 801.13M | 973.61M | 744.54M | 565.22M |
Balance Sheet | ||||||
| Total Assets | 6.68B | 6.52B | 6.78B | 6.73B | 6.16B | 5.24B |
| Cash, Cash Equivalents and Short-Term Investments | 1.52B | 1.50B | 1.52B | 2.09B | 2.01B | 2.21B |
| Total Debt | 6.50M | 6.50M | 10.45M | 17.58M | 27.01M | 31.19M |
| Total Liabilities | 2.97B | 2.81B | 2.84B | 2.60B | 2.29B | 1.87B |
| Stockholders Equity | 3.62B | 3.62B | 3.81B | 4.00B | 3.74B | 3.34B |
Cash Flow | ||||||
| Free Cash Flow | 232.23M | 268.30M | 274.85M | 930.57M | 695.90M | 544.95M |
| Operating Cash Flow | 240.77M | 280.84M | 291.67M | 955.08M | 724.65M | 565.66M |
| Investing Cash Flow | 100.90M | 117.86M | 208.74M | -61.41M | -530.24M | -496.67M |
| Financing Cash Flow | -644.36M | -641.70M | -1.00B | -766.01M | -400.40M | -322.19M |
Greentown Management Holdings Co., Ltd. Technical Analysis
Positive
1.90
Price Trends
1.76
Positive
1.84
Positive
2.21
Negative
Market Momentum
0.06
Negative
60.10
Neutral
84.18
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9979, the sentiment is Positive. The current price of 1.9 is above the 20-day moving average (MA) of 1.81, above the 50-day MA of 1.76, and below the 200-day MA of 2.21, indicating a neutral trend. The MACD of 0.06 indicates Negative momentum. The RSI at 60.10 is Neutral, neither overbought nor oversold. The STOCH value of 84.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9979.
Greentown Management Holdings Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | HK$13.72B | 12.20 | 12.12% | 3.68% | 12.73% | 28.42% | |
75 Outperform | HK$15.91B | 8.61 | 14.87% | 5.72% | 7.89% | 8.60% | |
74 Outperform | HK$3.83B | 7.54 | 11.89% | 12.70% | 5.42% | -18.50% | |
74 Outperform | HK$11.74B | 8.13 | 21.17% | 8.37% | 10.76% | -12.76% | |
73 Outperform | HK$94.18B | 19.31 | 26.78% | 5.17% | 10.13% | 15.49% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
57 Neutral | HK$18.86B | 28.56 | 1.56% | 0.94% | 11.42% | -55.21% |
* Real Estate Sector Average
HK:9979
Greentown Management Holdings Co., Ltd.
1.91
-0.90
-32.08%
HK:2669
China Overseas Property Holdings
3.51
-1.48
-29.73%
HK:6098
Country Garden Services Holdings Co
5.58
-0.40
-6.63%
HK:1209
China Resources Mixc Lifestyle Services Ltd.
39.90
0.98
2.51%
HK:2869
Greentown Service Group Co. Ltd.
4.29
-0.19
-4.29%
HK:6049
Poly Property Services Co., Ltd. Class H
28.08
-5.25
-15.76%
Greentown Management Holdings Co., Ltd. Corporate Events
Greentown Management Delivers Higher Interim Profit and Extends Industry Lead in Project Management
Aug 25, 2026
Greentown Management reported interim revenue of about RMB1.47 billion for the six months to 30 June 2026, up 7% year on year, with a gross profit margin of roughly 41%. Net profit attributable to shareholders rose 6% to RMB271 million, yielding a...
Greentown Management Declares Interim Dividend for First Half of 2026
Aug 25, 2026
Greentown Management Holdings Company Limited has declared an interim ordinary cash dividend of RMB 0.076 per share for the six months ended 30 June 2026, for the financial year ending 31 December 2026. The dividend, to be paid in Hong Kong dollar...
Greentown Management Sets Board Meeting to Approve 2026 Interim Results and Dividend
Aug 11, 2026
Greentown Management Holdings Company Limited has scheduled a board meeting for 25 August 2026 to review and approve the interim results for the six months ended 30 June 2026, and to authorise their publication. The board will also consider the pa...
Greentown Management Announces Board Chairman Change Effective July 2026
Jul 31, 2026
Greentown Management Holdings announced that non-executive director and chairman Geng Zhongqiang will resign from the board and all other positions in the group with effect from 31 July 2026, citing work arrangements and no disagreement with the b...
Greentown Management Sets Out Board and Committee Roles
Jul 31, 2026
Greentown Management Holdings Company Limited announced the current composition of its board of directors, led by non-executive chairman Zhao Hui and chief executive officer Wang Junfeng, alongside executive and independent non-executive directors...
Greentown Management Sees Sharp Drop in New Contracts but Stresses Quality and Strong Order Book
Jul 3, 2026
Greentown Management reported that for the six months ended 30 June 2026, newly contracted project management gross floor area fell 32% to 13.52 million sq.m., with estimated fees down 31.7% to RMB3.41 billion, reflecting a sharply adjusting prope...
Greentown Management Wins Full Shareholder Backing at 2026 AGM
Jun 26, 2026
Greentown Management Holdings Co., Ltd. reported that shareholders at its 26 June 2026 annual general meeting approved all resolutions by poll, signaling broad investor support for the company’s current strategy and governance. The meeting r...
Greentown Management Updates Special Dividend Details for 2025
Jun 26, 2026
Greentown Management Holdings Company Limited has announced an updated special dividend for the financial year ended 31 December 2025, declaring a payout of RMB 0.0419 per share, with the default payment to Hong Kong shareholders set at HKD 0.0481...
Greentown Management Declares Final 2025 Dividend and Updates HKD Payout Terms
Jun 26, 2026
Greentown Management Holdings Company Limited declared a final ordinary dividend of RMB 0.0916 per share for the financial year ended 31 December 2025, with shareholder approval granted on 26 June 2026. The company has set the default payment curr...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.