2602 Stock Overview

Provides property management services in the People’s Republic of China. More details

2602 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	3/6
Past Performance	3/6
Financial Health	6/6
Dividends	1/6

Rewards

Earnings are forecast to grow 13.56% per year

Earnings grew by 5.7% over the past year

Risk Analysis

Dividend of 6.91% is not well covered by earnings or free cash flows

Significant insider selling over the past 3 months

My Notes

Capture your thoughts, links and company narrative

Onewo Inc. Competitors

Hang Lung Properties

SEHK:101

HK$30.1b

Poly Property Services

SEHK:6049

HK$16.6b

Hang Lung Group

SEHK:10

HK$14.4b

Greentown Service Group

SEHK:2869

HK$11.6b

Price History & Performance

Summary of share price highs, lows and changes for Onewo
Historical stock prices
Current Share Price	HK$20.50
52 Week High	HK$28.05
52 Week Low	HK$19.74
Beta	1.63
1 Month Change	-6.39%
3 Month Change	-8.07%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	1.74%

Recent updates

Shareholder Returns

	2602	HK Real Estate	HK Market
7D	-2.1%	0.3%	2.3%
1Y	n/a	-8.4%	22.4%

Return vs Industry: Insufficient data to determine how 2602 performed against the Hong Kong Real Estate industry.

Return vs Market: Insufficient data to determine how 2602 performed against the Hong Kong Market.

Price Volatility

Is 2602's price volatile compared to industry and market?
2602 volatility
2602 Average Weekly Movement	8.2%
Real Estate Industry Average Movement	9.9%
Market Average Movement	8.8%
10% most volatile stocks in HK Market	18.5%
10% least volatile stocks in HK Market	4.0%

Stable Share Price: 2602 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 2602's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1990	105,521	Baoquan Zhu	www.onewo.com

Onewo Inc., together with its subsidiaries, provides property management services in the People’s Republic of China. It operates through three segments: Community Space Living Consumption Services; Commercial and Urban Space Integrated Services; and AIoT and BPaaS Solution Services. The company provides property services, such as residential, commercial, and urban space.

Onewo Inc. Fundamentals Summary

How do Onewo's earnings and revenue compare to its market cap?
2602 fundamental statistics
Market cap	HK$23.89b
Earnings (TTM)	HK$1.84b
Revenue (TTM)	HK$36.95b

13.0x

P/E Ratio

0.6x

P/S Ratio

Is 2602 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2602 income statement (TTM)
Revenue	CN¥34.72b
Cost of Revenue	CN¥29.93b
Gross Profit	CN¥4.80b
Other Expenses	CN¥3.07b
Earnings	CN¥1.73b

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.48
Gross Margin	13.81%
Net Profit Margin	4.98%
Debt/Equity Ratio	0%

How did 2602 perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

91%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/25 03:08
End of Day Share Price	2024/12/24 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Onewo Inc. is covered by 15 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Eric Du	BofA Global Research
Siu-Fung Lung	CCB International Securities Limited
Yu Zhang	China International Capital Corporation Limited

Onewo SHSC:2602 Stock Report