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1209

China Resources Mixc Lifestyle ServicesSEHK:1209 Stock Report

Market Cap

HK$99.4b

7D

-0.5%

1Y

n/a

Updated

24 Oct, 2021

Data

Company Financials +
1209 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance5/6
Financial Health5/6
Dividends0/6

1209 Overview

China Resources Mixc Lifestyle Services Limited, an investment holding company, provides property management and commercial operational services in the People’s Republic of China.

Rewards

Earnings are forecast to grow 33.34% per year

Earnings grew by 151.4% over the past year

Risk Analysis

No risks detected for 1209 from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for China Resources Mixc Lifestyle Services
Historical stock prices
Current Share PriceHK$43.55
52 Week HighHK$27.25
52 Week LowHK$55.25
Beta0
1 Month Change8.47%
3 Month Change8.88%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO55.54%

Recent News & Updates

Oct 01
China Resources Mixc Lifestyle Services' (HKG:1209) Strong Earnings Are Of Good Quality

China Resources Mixc Lifestyle Services' (HKG:1209) Strong Earnings Are Of Good Quality

China Resources Mixc Lifestyle Services Limited ( HKG:1209 ) recently posted some strong earnings, and the market...

Jun 10
China Resources Mixc Lifestyle Services Limited (HKG:1209) Shares Could Be 29% Above Their Intrinsic Value Estimate

China Resources Mixc Lifestyle Services Limited (HKG:1209) Shares Could Be 29% Above Their Intrinsic Value Estimate

Does the June share price for China Resources Mixc Lifestyle Services Limited ( HKG:1209 ) reflect what it's really...

Apr 01
China Resources Mixc Lifestyle Services Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

China Resources Mixc Lifestyle Services Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Investors in China Resources Mixc Lifestyle Services Limited ( HKG:1209 ) had a good week, as its shares rose 3.3% to...

Shareholder Returns

1209HK Real EstateHK Market
7D-0.5%4.3%2.1%
1Yn/a-7.3%5.9%

Return vs Industry: Insufficient data to determine how 1209 performed against the Hong Kong Real Estate industry.

Return vs Market: Insufficient data to determine how 1209 performed against the Hong Kong Market.

Price Volatility

Is 1209's price volatile compared to industry and market?
1209 volatility
1209 Beta0
Industry Beta0.85
Market Beta1

Stable Share Price: 1209 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 1209's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199426,845Linkang Yuhttps://www.crmixclifestyle.com.cn

China Resources Mixc Lifestyle Services Limited, an investment holding company, provides property management and commercial operational services in the People’s Republic of China. The company operates in two segments, Residential Property Management Services; and Commercial Operational and Property Management Services. It offers management services for residential properties and other non-commercial properties comprising public facilities, such as stadiums, and parks and industrial parks, as well as various services to families and residents in the communities to meet their living needs.

China Resources Mixc Lifestyle Services Fundamentals Summary

How do China Resources Mixc Lifestyle Services's earnings and revenue compare to its market cap?
1209 fundamental statistics
Market CapCN¥81.65b
Earnings (TTM)CN¥1.29b
Revenue (TTM)CN¥7.66b

63.5x

P/E Ratio

10.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1209 income statement (TTM)
RevenueCN¥7.66b
Cost of RevenueCN¥5.29b
Gross ProfitCN¥2.36b
ExpensesCN¥1.08b
EarningsCN¥1.29b

Dividends

0.4%

Current Dividend Yield

21%

Payout Ratio

Valuation

Is China Resources Mixc Lifestyle Services undervalued compared to its fair value and its price relative to the market?

63.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1209 (HK$43.55) is trading above our estimate of fair value (HK$17.88)

Significantly Below Fair Value: 1209 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1209 is poor value based on its PE Ratio (63.5x) compared to the Hong Kong Real Estate industry average (7.7x).

PE vs Market: 1209 is poor value based on its PE Ratio (63.5x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: 1209 is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: 1209 is overvalued based on its PB Ratio (6.3x) compared to the HK Real Estate industry average (0.5x).


Future Growth

How is China Resources Mixc Lifestyle Services forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

33.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1209's forecast earnings growth (33.3% per year) is above the savings rate (1.5%).

Earnings vs Market: 1209's earnings (33.3% per year) are forecast to grow faster than the Hong Kong market (17.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1209's revenue (31.2% per year) is forecast to grow faster than the Hong Kong market (12.5% per year).

High Growth Revenue: 1209's revenue (31.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1209's Return on Equity is forecast to be low in 3 years time (15.8%).


Past Performance

How has China Resources Mixc Lifestyle Services performed over the past 5 years?

33.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1209 has high quality earnings.

Growing Profit Margin: 1209's current net profit margins (16.8%) are higher than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: 1209's earnings have grown significantly by 33.5% per year over the past 5 years.

Accelerating Growth: 1209's earnings growth over the past year (151.4%) exceeds its 5-year average (33.5% per year).

Earnings vs Industry: 1209 earnings growth over the past year (151.4%) exceeded the Real Estate industry 23.4%.


Return on Equity

High ROE: 1209's Return on Equity (9.9%) is considered low.


Financial Health

How is China Resources Mixc Lifestyle Services's financial position?


Financial Position Analysis

Short Term Liabilities: 1209's short term assets (CN¥14.7B) exceed its short term liabilities (CN¥5.3B).

Long Term Liabilities: 1209's short term assets (CN¥14.7B) exceed its long term liabilities (CN¥1.6B).


Debt to Equity History and Analysis

Debt Level: 1209's debt to equity ratio (4%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 1209's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1209's debt is well covered by operating cash flow (413.3%).

Interest Coverage: 1209 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is China Resources Mixc Lifestyle Services's current dividend yield, its reliability and sustainability?

0.36%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1209's dividend (0.36%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.22%).

High Dividend: 1209's dividend (0.36%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).


Stability and Growth of Payments

Stable Dividend: 1209 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 1209 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 1209 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1209's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Linkang Yu (49 yo)

1.25yrs

Tenure

Mr. Yu Linkang is the President and Executive Director of China Resources Mixc Lifestyle Services Limited since July 9, 2020. He has been Senior Vice President of China Resources Land Limited since Decembe...


Leadership Team

Experienced Management: 1209's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1209's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: 1209 only recently listed within the past 12 months.


Top Shareholders

Company Information

China Resources Mixc Lifestyle Services Limited's employee growth, exchange listings and data sources


Key Information

  • Name: China Resources Mixc Lifestyle Services Limited
  • Ticker: 1209
  • Exchange: SEHK
  • Founded: 1994
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: HK$99.403b
  • Shares outstanding: 2.28b
  • Website: https://www.crmixclifestyle.com.cn

Number of Employees


Location

  • China Resources Mixc Lifestyle Services Limited
  • China Resources Land Building
  • 30th Floor, Tower B
  • Shenzhen
  • Guangdong Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 10:04
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.