Reported Earnings • Apr 01
Full year 2025 earnings released: EPS: CN¥0.28 (vs CN¥0.28 in FY 2024) Full year 2025 results: EPS: CN¥0.28 (down from CN¥0.28 in FY 2024). Revenue: CN¥664.5m (up 1.8% from FY 2024). Net income: CN¥79.4m (down 2.6% from FY 2024). Profit margin: 12% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. Annuncio • Mar 31
Ling Yue Services Group Limited, Annual General Meeting, Jun 15, 2026 Ling Yue Services Group Limited, Annual General Meeting, Jun 15, 2026. Annuncio • Mar 13
Ling Yue Services Group Limited to Report Fiscal Year 2025 Results on Mar 30, 2026 Ling Yue Services Group Limited announced that they will report fiscal year 2025 results at 12:30 PM, China Standard Time on Mar 30, 2026 Reported Earnings • Sep 03
First half 2025 earnings released: EPS: CN¥0.17 (vs CN¥0.20 in 1H 2024) First half 2025 results: EPS: CN¥0.17 (down from CN¥0.20 in 1H 2024). Revenue: CN¥321.0m (up 2.4% from 1H 2024). Net income: CN¥49.1m (down 15% from 1H 2024). Profit margin: 15% (down from 19% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Aug 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 17% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (HK$619.9m market cap, or US$79.5m). Buy Or Sell Opportunity • Aug 23
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 52% to HK$1.86. The fair value is estimated to be HK$1.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 7.2%. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$1.86, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 12x in the Real Estate industry in Hong Kong. Total returns to shareholders of 178% over the past three years. Annuncio • Aug 12
Ling Yue Services Group Limited to Report First Half, 2025 Results on Aug 29, 2025 Ling Yue Services Group Limited announced that they will report first half, 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to HK$1.67, the stock trades at a trailing P/E ratio of 5.3x. Average trailing P/E is 11x in the Real Estate industry in Hong Kong. Total returns to shareholders of 129% over the past three years. Buy Or Sell Opportunity • May 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.7% to HK$1.26. The fair value is estimated to be HK$1.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 7.2%. Reported Earnings • Mar 30
Full year 2024 earnings released: EPS: CN¥0.29 (vs CN¥0.36 in FY 2023) Full year 2024 results: EPS: CN¥0.29 (down from CN¥0.36 in FY 2023). Revenue: CN¥652.9m (up 7.2% from FY 2023). Net income: CN¥81.5m (down 20% from FY 2023). Profit margin: 13% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings. Annuncio • Mar 29
Ling Yue Services Group Limited, Annual General Meeting, May 30, 2025 Ling Yue Services Group Limited, Annual General Meeting, May 30, 2025. Annuncio • Mar 14
Ling Yue Services Group Limited to Report Fiscal Year 2024 Results on Mar 28, 2025 Ling Yue Services Group Limited announced that they will report fiscal year 2024 results on Mar 28, 2025 Annuncio • Feb 14
Ling Yue Services Group Limited Announces Change of Independent Non-Executive Director Ling Yue Services Group Limited announced that Ms. Zhang Qian ("Ms. Zhang") has resigned from her position as an independent non-executive Director, a member of the audit committee (the "Audit Committee"), the Chairlady of the remuneration committee (the "Remuneration Committee") and a member of the nomination committee (the "Nomination Committee") of the Company with effect from 14 February 2025 as she would like to devote more time on her other personal affairs. The Board announced that Mr. Hu Ning ("Mr. Hu") has been appointed as an independent non-executive Director, a member of the Audit Committee, the chairman of Remuneration Committee and a member of Nomination Committee with effect from 14 February 2025. Mr. Hu Ning, aged 35, has extensive experience in accounting and finance. From July 2019 to present, Mr. Hu successively worked as assistant professor, deputy professor and professor at Faculty of Accounting of Southwestern University of Finance and Economics. Mr. Hu has also served as director at several public companies in the past three years which are summarized below: the current positions held by an individual as an Independent Non-Executive Director for two different companies. They serve on the board of Chengdu Leejun Industrial Co. Ltd., a manufacturing and trading company listed on the Shenzhen Stock Exchange, and also on the board of Sichuan Newsnet Media (Group) Co. Ltd., a new media and mobile information services company also listed on the Shenzhen Stock Exchange. They have held the position at Chengdu Leejun since June 2024 and at Sichuan Newsnet Media since May 2024. Mr. Hu obtained bachelor degree in accounting and master degree in accounting from Shenzhen University in 2013 and 2015 respectively and obtained the Doctor of Philosophy in accounting from Shanghai University of Finance and Economics in 2019. Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$1.36, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 7x in the Real Estate industry in Hong Kong. Total loss to shareholders of 65% over the past three years. Valuation Update With 7 Day Price Move • Oct 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$1.66, the stock trades at a trailing P/E ratio of 4x. Average trailing P/E is 8x in the Real Estate industry in Hong Kong. Total loss to shareholders of 60% over the past three years. Annuncio • Aug 16
Ling Yue Services Group Limited to Report First Half, 2024 Results on Aug 30, 2024 Ling Yue Services Group Limited announced that they will report first half, 2024 results on Aug 30, 2024 Annuncio • Jul 30
Ling Yue Services Group Limited Announces Executive Changes The board of directors of Ling Yue Services Group Limited announced that Mr. So Wing Chun has tendered his resignation as the company secretary of the Company; an authorised representative of the Company pursuant to Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and Rule 3.05 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited; and an authorised representative of the Company under Rule 19.05(2) of the Listing Rules for the acceptance of service of process and notices on behalf of the Company in Hong Kong (the Process Agent) with effect from 30 July 2024. Following the resignation of Mr. So, the Board also announced that Ms. Yan Hoi Ling Jovian has been appointed as the Company Secretary, the Authorised Representative and the Process Agent with effect from 30 July 2024. Ms. Yan is a senior manager of SWCS Corporate Services Group (Hong Kong) Limited and has over 15 years of experience in corporate governance and company secretarial practice in listed companies. Ms. Yan obtained a bachelor's degree of business (banking and finance) from Monash University, Australia and a master's degree in professional accounting and corporate governance from the City University of Hong Kong. She is an associate member of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 59% After last week's 59% share price gain to HK$1.11, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 7x in the Real Estate industry in Hong Kong. Total returns to shareholders of 66% over the past year. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.36 (vs CN¥0.27 in FY 2022) Full year 2023 results: EPS: CN¥0.36 (up from CN¥0.27 in FY 2022). Revenue: CN¥609.1m (up 5.4% from FY 2022). Net income: CN¥101.9m (up 32% from FY 2022). Profit margin: 17% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Annuncio • Mar 29
Ling Yue Services Group Limited, Annual General Meeting, May 30, 2024 Ling Yue Services Group Limited, Annual General Meeting, May 30, 2024. Annuncio • Mar 14
Ling Yue Services Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Ling Yue Services Group Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 Annuncio • Feb 23
Ling Yue Services Group Limited Announces Board Changes The board of directors of Ling Yue Services Group Limited announced that Ms. Luo Hongping (Ms. Luo) has tendered her resignation as the joint company secretary of the Company with effect from 23 February 2024. Ms. Luo has confirmed that she has no disagreement with the Board and there is no matter relating to her resignation that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and the shareholders of the Company. After her resignation as the Joint Company Secretary, Ms. Luo remains as an executive Director of the Company. The Board further announces that Ms. Tang King Yin (Ms. Tang) has tendered her resignation as (i) the Joint Company Secretary; (ii) an authorised representative of the Company (the "Authorised Representative") pursuant to Part 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong) and Rule 3.05 of the Rules Governing the Listing of Securities (the "Listing Rules") on the Stock Exchange; and (iii) an authorised representative of the Company under Rule 19.05(2) of the Listing Rules for the acceptance of service of process and notices on behalf of the Company in Hong Kong (the "Process Agent") with effect from 23 February 2024. Following the resignations of Ms. Luo and Ms. Tang, the Board announced that Mr. So Wing Chun ("Mr. So") has been appointed as the company secretary of the Company, the Authorised Representative and the Process Agent with effect from 23 February 2024. Mr. So is a manager of SWCS Corporate Services Group (Hong Kong) Limited, a corporate secretarial services provider in Hong Kong. He was the company secretary of Pa Shun International Holdings Limited, a company listed on the Main Board of the Stock Exchange. Mr. So obtained a Bachelor of Business Administration (Honours) from Hong Kong Shue Yan University. He is an associate member of The Hong Kong Chartered Governance Institute and The Chartered Governance Institute in the United Kingdom. New Risk • Jan 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.8% average weekly change). Market cap is less than US$100m (HK$200.0m market cap, or US$25.6m). Annuncio • Jan 12
Ling Yue Services Group Limited Announces Board Changes The board of directors of Ling Yue Services Group Limited announced that Mr. Liu Yuhui, an executive Director, the chairman of the Board, the authorized representative of the Company pursuant to Rule 3.05 of the Listing Rules, a member of remuneration committee of the Company and the chairman of nomination committee (the "Nomination Committee") of the Company has tendered his resignation from the positions listed above with effect from 12 January 2024 as he would like to devote more time on his other commercial and personal affairs. The Board further announces that Mr. Liu Yuqi has been appointed as an executive Director, the chairman of the Board, the Authorized Representative, a member of Remuneration Committee and the chairman of Nomination Committee with effective from 12 January 2024. The biographical details of Mr. Liu are set out as follows: Mr. Liu, aged 56, has been served as an director of Lingyue Property Services Group Co. Ltd., an indirect wholly-owned subsidiary of the Company since January 2002, and he is primarily responsible for the overall business operation and development strategy. From March 2004 to now, Mr. Liu served as an director of Leading Group Co. Ltd., an indirect wholly-owned subsidiary of Leading Holdings Group Limited. From April 2000 to March 2004, Mr. Liu served as the chairman of the board of Sichuan Huifeng Real Estate Development Co. Ltd. Since September 1999 to April 2000, Mr. Liu served as the chairman of the board of Meishan Yuanda Real Estate Development Co. Ltd. Since April 1999 to September 1999, Mr. Liu served as the chairman of the board of Meishan Baoma Real Estate Development Co. Ltd. Mr. Liu is currently an EMBA candidate of Tsinghua University PBC School of Finance since June 2021. From May 2018 to December 2019, Mr. Liu participated in the thirteenth term of course of Cheung Kong Graduate School of Business. Mr. Liu has been the chairman of the Association of Chengdu Meishan Entrepreneurs since February 2014. Reported Earnings • Sep 04
First half 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.16 in 1H 2022) First half 2023 results: EPS: CN¥0.19 (up from CN¥0.16 in 1H 2022). Revenue: CN¥294.7m (up 4.0% from 1H 2022). Net income: CN¥53.8m (up 17% from 1H 2022). Profit margin: 18% (up from 16% in 1H 2022). The increase in margin was driven by higher revenue. Annuncio • Aug 16
Ling Yue Services Group Limited to Report First Half, 2023 Results on Aug 30, 2023 Ling Yue Services Group Limited announced that they will report first half, 2023 results on Aug 30, 2023 Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: CN¥0.27 (vs CN¥0.29 in FY 2021) Full year 2022 results: EPS: CN¥0.27. Revenue: CN¥577.7m (up 6.7% from FY 2021). Net income: CN¥77.0m (up 9.1% from FY 2021). Profit margin: 13% (in line with FY 2021). Board Change • Nov 16
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Executive Chairman of the Board Yuhui Liu is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Dan Zou was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Sep 02
First half 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.17 in 1H 2021) First half 2022 results: EPS: CN¥0.16. Revenue: CN¥283.3m (up 11% from 1H 2021). Net income: CN¥46.1m (up 29% from 1H 2021). Profit margin: 16% (up from 14% in 1H 2021). The increase in margin was driven by higher revenue. Annuncio • Aug 20
Ling Yue Services Group Limited to Report First Half, 2022 Results on Aug 31, 2022 Ling Yue Services Group Limited announced that they will report first half, 2022 results on Aug 31, 2022 Recent Insider Transactions • May 26
Insider recently sold HK$961k worth of stock On the 20th of May, Guirong Huang sold around 630k shares on-market at roughly HK$1.53 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought HK$61m more than they sold in the last 12 months. Valuation Update With 7 Day Price Move • May 06
Investor sentiment improved over the past week After last week's 19% share price gain to HK$3.04, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 7x in the Real Estate industry in Hong Kong. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Executive Chairman of the Board Yuhui Liu is the most experienced director on the board, commencing their role in 2020. Independent Non-Executive Director Dan Zou was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Annuncio • Apr 02
Ling Yue Services Group Limited, Annual General Meeting, Jun 22, 2022 Ling Yue Services Group Limited, Annual General Meeting, Jun 22, 2022. Annuncio • Jan 25
Ling Yue Services Group Limited Announces Change of Principal Place of Business in Hong Kong The Board of Ling Yue Services Group Limited announced that the principal place of business of the Company in Hong Kong has been changed to 5/F, Manulife Place, 348 Kwun Tong Road, Kowloon, Hong Kong with effect from 24 January 2022.