Greentown Service Group Past Earnings Performance

Past criteria checks 4/6

Greentown Service Group has been growing earnings at an average annual rate of 2.3%, while the Real Estate industry saw earnings declining at 1% annually. Revenues have been growing at an average rate of 17.5% per year. Greentown Service Group's return on equity is 9.8%, and it has net margins of 3.8%.

Key information

2.3%

Earnings growth rate

-0.6%

EPS growth rate

Real Estate Industry Growth	2.8%
Revenue growth rate	17.5%
Return on equity	9.8%
Net Margin	3.8%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Greentown Service Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSC:2869 Revenue, expenses and earnings (CNY Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	18,265	695	1,868
31 Mar 24	17,829	650	1,843
31 Dec 23	17,393	605	1,819
30 Sep 23	16,809	614	1,786
30 Jun 23	16,226	622	1,740
31 Mar 23	15,541	585	1,677
31 Dec 22	14,856	548	1,614
30 Sep 22	14,327	594	1,595
30 Jun 22	13,798	641	1,576
31 Mar 22	13,182	743	1,459
31 Dec 21	12,566	846	1,341
30 Sep 21	11,934	865	1,276
30 Jun 21	11,301	884	1,210
31 Mar 21	10,704	797	1,179
31 Dec 20	10,106	710	1,147
30 Sep 20	9,712	664	1,137
30 Jun 20	9,319	617	1,128
31 Mar 20	8,950	547	1,046
31 Dec 19	8,582	477	964
30 Sep 19	8,014	483	866
30 Jun 19	7,446	488	768
31 Mar 19	7,078	486	712
31 Dec 18	6,710	483	657
30 Sep 18	6,287	461	590
30 Jun 18	5,864	439	523
31 Mar 18	5,502	413	481
31 Dec 17	5,140	387	438
30 Sep 17	4,708	363	383
30 Jun 17	4,276	338	328
31 Mar 17	3,999	312	306
31 Dec 16	3,722	286	285
30 Sep 16	3,625	269	284
30 Jun 16	3,304	239	263
31 Mar 16	3,111	218	251
31 Dec 15	2,919	198	238
30 Sep 15	2,633	176	206
31 Dec 14	2,205	149	151
31 Dec 13	1,672	84	126

Quality Earnings: 2869 has high quality earnings.

Growing Profit Margin: 2869's current net profit margins (3.8%) are lower than last year (3.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2869's earnings have grown by 2.3% per year over the past 5 years.

Accelerating Growth: 2869's earnings growth over the past year (11.7%) exceeds its 5-year average (2.3% per year).

Earnings vs Industry: 2869 earnings growth over the past year (11.7%) exceeded the Real Estate industry -15.1%.

Greentown Service Group Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

First half 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 1H 2023)

First half 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 1H 2023)

Greentown Service Group Co. Ltd. to Report First Half, 2024 Results on Aug 23, 2024

Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.17 in FY 2022)

Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.17 in FY 2022)

Greentown Service Group Co. Ltd. to Report Fiscal Year 2023 Results on Mar 26, 2024

Recent updates

Investor sentiment deteriorates as stock falls 18%

First half 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 1H 2023)

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 17%

Greentown Service Group Co. Ltd. Receives Judgment from the Shanghai High People's Court in Relation to Settlement of Legal Proceedings

First half 2024 earnings released: EPS: CN¥0.16 (vs CN¥0.13 in 1H 2023)

Greentown Service Group Co. Ltd. to Report First Half, 2024 Results on Aug 23, 2024

Upcoming dividend of HK$0.15 per share

Investor sentiment improves as stock rises 17%

Investor sentiment improves as stock rises 15%

Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.17 in FY 2022)

Investor sentiment improves as stock rises 18%

New minor risk - Earnings quality

Greentown Service Group Co. Ltd., Annual General Meeting, Jun 21, 2024

Now 23% overvalued after recent price rise

Full year 2023 earnings released: EPS: CN¥0.19 (vs CN¥0.17 in FY 2022)

Greentown Service Group Co. Ltd. Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 11 July 2024

Greentown Service Group Co. Ltd. to Report Fiscal Year 2023 Results on Mar 26, 2024

Less than half of directors are independent

First half 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.10 in 1H 2022)

First half 2023 earnings released: EPS: CN¥0.13 (vs CN¥0.10 in 1H 2022)

Greentown Service Group Co. Ltd. Provides Earnings Guidance for the Six Months Ended 30 June 2023

Greentown Service Group Co. Ltd. to Report First Half, 2023 Results on Aug 25, 2023

Now 20% undervalued after recent price drop

Now 23% undervalued after recent price drop

Upcoming dividend of HK$0.10 per share at 2.3% yield

Greentown Service Group Co. Ltd. Announces Board Changes and Changes in the Composition of Board Committees

Full year 2022 earnings released: EPS: CN¥0.17 (vs CN¥0.26 in FY 2021)

Greentown Service Group Co. Ltd. Announces Resignation of Wu Zhihua as Executive Director

Less than half of directors are independent

Investor sentiment improved over the past week

Insider recently bought HK$10m worth of stock

First half 2022 earnings released: EPS: CN¥0.11 (vs CN¥0.17 in 1H 2021)

Greentown Service Group Co. Ltd. to Report First Half, 2022 Results on Aug 26, 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of HK$0.20 per share

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS: CN¥0.26 (vs CN¥0.23 in FY 2020)

Less than half of directors are independent

Investor sentiment improved over the past week

Full year 2021 earnings released: EPS: CN¥0.26 (vs CN¥0.23 in FY 2020)

Less than half of directors are independent

Greentown Service Group Co. Ltd. Appoints Mr. Poon Chiu Kwok as Chairman of Remuneration Committee

Investor sentiment improved over the past week

First half 2021 earnings released: EPS CN¥0.17 (vs CN¥0.13 in 1H 2020)

Investor sentiment deteriorated over the past week

Upcoming dividend of HK$0.20 per share

Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.17 in FY 2019)

Greentown Service Group Co. Ltd. Recommends Payment of A Final Dividend for 2020, Payable on or Before 13 July 2021

CEO, CFO & Executive Director recently sold HK$29m worth of stock

Investor sentiment improved over the past week

Greentown Service Group Co. Ltd. Proposes Special Dividend for the Year Ended December 31, 2020, Payable on or Before July 13, 2021

Full year 2020 earnings released: EPS CN¥0.23 (vs CN¥0.17 in FY 2019)

Greentown Service Group Co. Ltd. to Report Fiscal Year 2020 Results on Mar 26, 2021

New 90-day low: HK$8.36

New 90-day high: HK$10.34

New 90-day low: HK$8.38

New 90-day low: HK$8.98

First half earnings released

First half earnings released

Greentown Service Group Co. Ltd. to Report First Half, 2020 Results on Aug 21, 2020

Greentown Service Group Co. Ltd. (SEHK:2869) completed the acquisition of additional 4.8% in Zhong Ao Home Group Limited (SEHK:1538) from Shanghai Hengji Assets Management Center (L.P.).

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed