Country Garden Services Holdings Co Ltd
06098: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HKD 8.00 | Mqnjl | Rnqcvpvs |
Country Garden Services’ Lower Top-Line Growth Forecast Should Weigh on Long-Term Earnings
Business Strategy and Outlook
Country Garden Services, a leading property management services company in China, was spun off into its own listing in 2018 by real estate developer Country Garden Holdings. CGS’ businesses operate in four major segments: 1) property management services, 2) community and nonproperty owner (mainly developer) value-added services, 3) “Three Supplies and Property Management” on utility supplies, and 4) city sanitation and greening services.