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Greentown Service Group Co Ltd Shs Regulation S 02869

Morningstar Rating
HKD 3.98 +0.30 (8.15%)
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Price vs Fair Value

02869 is trading at a 15% discount.
Price
HKD 3.59
Fair Value
HKD 3.70
Uncertainty
Very High
1-Star Price
HKD 7.59
5-Star Price
HKD 2.20
Economic Moat
Rshwt
Capital Allocation
Txywdgyl
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Trading Information

Previous Close Price
HKD 3.68
Day Range
HKD 3.664.05
52-Week Range
HKD 2.344.84
Bid/Ask
HKD 3.98 / HKD 4.01
Market Cap
HKD 12.59 Bil
Volume/Avg
5.1 Mil / 4.0 Mil

Key Statistics

Price/Earnings (Normalized)
14.26
Price/Sales
0.60
Dividend Yield (Trailing)
2.79%
Dividend Yield (Forward)
4.18%
Total Yield
3.96%

Company Profile

Greentown Service Group, or GSG, is the sister company of property developer Greentown China. GSG is one of the first China property management firms listed in Hong Kong since July 2016. Headquartered in Hangzhou, GSG is a leading service provider in the Yangtze River Delta focusing on high-end residential properties, with core property management contributing to more than 60% of GSG’s revenue. Other key earnings contributors include community value added services and project consultancy services to developers. The founding shareholders, who also control Greentown China, collectively own over a 40% stake in GSG in 2023. China property developer Longfor Group holds around 9% equity interest in GSG.
Sector
Real Estate
Industry
Real Estate Services
Stock Style Box
Mid Core
Total Number of Employees
46,023

Competitors

Valuation

Metric
02869
06098
01109
Price/Earnings (Normalized)
14.2611.157.24
Price/Book Value
1.440.440.71
Price/Sales
0.600.380.73
Price/Cash Flow
7.027.497.19
Price/Earnings
02869
06098
01109

Financial Strength

Metric
02869
06098
01109
Quick Ratio
1.311.260.35
Current Ratio
1.421.361.34
Interest Coverage
12.444.4541.18
Quick Ratio
02869
06098
01109

Profitability

Metric
02869
06098
01109
Return on Assets (Normalized)
6.04%6.01%2.40%
Return on Equity (Normalized)
14.84%11.40%11.33%
Return on Invested Capital (Normalized)
10.80%9.25%4.44%
Return on Assets
02869
06098
01109
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