First Service Holding (SEHK:2107) - Stock Price, News & Analysis

2107 Stock Overview

First Service Holding Limited provides property management services and green living solutions in the People’s Republic of China and internationally.

About the company

2107 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 62.8% below our estimate of its fair value

Earnings grew by 38.2% over the past year

Risk Analysis

Earnings have declined by 14.7% per year over past 5 years

Does not have a meaningful market cap (HK$285M)

Unstable dividend track record

First Service Holding Limited Competitors

Zhong An Intelligent Living Service

SEHK:2271

HK$320.8m

Lushang Life Services

SEHK:2376

HK$222.7m

Zhong Ao Home Group

SEHK:1538

HK$299.1m

Ling Yue Services Group

SEHK:2165

HK$200.0m

Price History & Performance

Summary of all time highs, changes and price drops for First Service Holding
Historical stock prices
Current Share Price	HK$0.28
52 Week High	HK$0.62
52 Week Low	HK$0.19
Beta	-0.27
1 Month Change	9.62%
3 Month Change	40.39%
1 Year Change	-36.67%
3 Year Change	-73.85%
5 Year Change	n/a
Change since IPO	-83.81%

First Service Holding Limited's (HKG:2107) Shares Bounce 29% But Its Business Still Trails The Market

Apr 08

Estimating The Intrinsic Value Of First Service Holding Limited (HKG:2107)

Feb 23

Recent updates

First Service Holding Limited's (HKG:2107) Shares Bounce 29% But Its Business Still Trails The Market

Apr 08

First Service Holding (HKG:2107) Has Announced That It Will Be Increasing Its Dividend To HK$0.068

Apr 28

First Service Holding's (HKG:2107) Dividend Will Be Increased To HK$0.068

Apr 06

Is Now The Time To Put First Service Holding (HKG:2107) On Your Watchlist?

Dec 11

Calculating The Fair Value Of First Service Holding Limited (HKG:2107)

Mar 23

What Kind Of Investors Own Most Of First Service Holding Limited (HKG:2107)?

Jan 22

Shareholder Returns

	2107	HK Real Estate	HK Market
7D	-1.7%	2.1%	2.3%
1Y	-36.7%	-36.4%	-10.9%

Return vs Industry: 2107 matched the Hong Kong Real Estate industry which returned -36.4% over the past year.

Return vs Market: 2107 underperformed the Hong Kong Market which returned -10.9% over the past year.

Price Volatility

Is 2107's price volatile compared to industry and market?
2107 volatility
2107 Average Weekly Movement	7.0%
Real Estate Industry Average Movement	7.3%
Market Average Movement	7.4%
10% most volatile stocks in HK Market	14.5%
10% least volatile stocks in HK Market	3.7%

Stable Share Price: 2107's share price has been volatile over the past 3 months.

Volatility Over Time: 2107's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1999	3,304	Peiqing Liu	www.firstservice.hk

First Service Holding Limited provides property management services and green living solutions in the People’s Republic of China and internationally. It operates in two segments, First Property Management and First Living. The company offers property management services comprising cleaning, security, gardening, and repair and maintenance to property developers, property owners, and residents.

First Service Holding Limited Fundamentals Summary

How do First Service Holding's earnings and revenue compare to its market cap?
2107 fundamental statistics
Market cap	HK$285.00m
Earnings (TTM)	HK$61.77m
Revenue (TTM)	HK$1.31b

4.6x

P/E Ratio

0.2x

P/S Ratio

Is 2107 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2107 income statement (TTM)
Revenue	CN¥1.21b
Cost of Revenue	CN¥906.25m
Gross Profit	CN¥304.66m
Other Expenses	CN¥247.53m
Earnings	CN¥57.13m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.057
Gross Margin	25.16%
Net Profit Margin	4.72%
Debt/Equity Ratio	0%

How did 2107 perform over the long term?

See historical performance and comparison

Dividends

14.7%

Current Dividend Yield

65%

Payout Ratio

Does 2107 pay a reliable dividends?

See 2107 dividend history and benchmarks

When do you need to buy 2107 by to receive an upcoming dividend?
First Service Holding dividend dates
Ex Dividend Date	Jun 28 2024
Dividend Pay Date	Jul 18 2024
Days until Ex dividend	64 days
Days until Dividend pay date	84 days

Does 2107 pay a reliable dividends?

See 2107 dividend history and benchmarks

2107 Stock Overview

Rewards

Risk Analysis

First Service Holding Limited Competitors

SEHK:2271

HK$320.8m

SEHK:2376

HK$222.7m

SEHK:1538

HK$299.1m

SEHK:2165

HK$200.0m

Price History & Performance

Recent News & Updates

First Service Holding Limited's (HKG:2107) Shares Bounce 29% But Its Business Still Trails The Market

First Service Holding Limited, Annual General Meeting, Jun 20, 2024

Full year 2023 earnings released: EPS: CN¥0.059 (vs CN¥0.042 in FY 2022)

First Service Holding Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 18 July 2024

First Service Holding Limited to Report Fiscal Year 2023 Results on Mar 26, 2024

Estimating The Intrinsic Value Of First Service Holding Limited (HKG:2107)

Recent updates

First Service Holding Limited's (HKG:2107) Shares Bounce 29% But Its Business Still Trails The Market

First Service Holding Limited, Annual General Meeting, Jun 20, 2024

Full year 2023 earnings released: EPS: CN¥0.059 (vs CN¥0.042 in FY 2022)

First Service Holding Limited Proposes Final Dividend for the Year Ended 31 December 2023, Payable on 18 July 2024

First Service Holding Limited to Report Fiscal Year 2023 Results on Mar 26, 2024

Estimating The Intrinsic Value Of First Service Holding Limited (HKG:2107)

Now 25% undervalued after recent price drop

Now 22% undervalued after recent price drop

First Service Holding Limited Announces the Resignation of Jia Yan as Co-Chief Executive Officer

First Service Holding Limited Announces the Resignation of Jia Yan as Co-Chief Executive Officer

First Service Holding Limited Announces Board Changes

Concerns Surrounding First Service Holding's (HKG:2107) Performance

Co-CEO, GM & Executive Director recently sold HK$116k worth of stock

First half 2023 earnings released: EPS: CN¥0.038 (vs CN¥0.021 in 1H 2022)

First Service Holding Limited to Report First Half, 2023 Results on Aug 30, 2023

Upcoming dividend of HK$0.03 per share at 5.1% yield

First Service Holding Limited Announces Executive Changes

Full year 2022 earnings released: EPS: CN¥0.042 (vs CN¥0.036 in FY 2021)

Now 27% undervalued after recent price drop

Now 22% undervalued after recent price drop

A Look At The Intrinsic Value Of First Service Holding Limited (HKG:2107)

Now 20% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

Less than half of directors are independent

Now 23% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 22% undervalued after recent price drop

First half 2022 earnings released: EPS: CN¥0.021 (vs CN¥0.065 in 1H 2021)

First Service Holding Limited to Report First Half, 2022 Results on Aug 23, 2022

Now 20% undervalued after recent price drop

Upcoming dividend of HK$0.068 per share

Estimating The Intrinsic Value Of First Service Holding Limited (HKG:2107)

Now 20% undervalued after recent price drop

First Service Holding (HKG:2107) Has Announced That It Will Be Increasing Its Dividend To HK$0.068

Less than half of directors are independent

First Service Holding's (HKG:2107) Dividend Will Be Increased To HK$0.068

Full year 2021 earnings released: EPS: CN¥0.036 (vs CN¥0.12 in FY 2020)

Less than half of directors are independent

First Service Holding Limited, Annual General Meeting, Jun 21, 2022

First Service Holding Limited Announces Management Changes

First Service Holding Limited Provides Earnings Guidance for the Fiscal Year Ended December 31, 2021

Sunac Services Holdings Limited (SEHK:1516) cancelled the acquisition of 21.39% stake in First Service Holding Limited (SEHK:2107) from Zhang Lei and Zhang Peng.

Sunac Services Holdings Limited (SEHK:1516) cancelled the acquisition of 2.18% stake in First Service Holding Limited (SEHK:2107) from Liu Peiqing and Long Han.

Investor sentiment improved over the past week

Is Now The Time To Put First Service Holding (HKG:2107) On Your Watchlist?

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Investor sentiment improved over the past week

Co-CEO, GM & Executive Director recently bought HK$66k worth of stock

Co-CEO, GM & Executive Director recently bought HK$352k worth of stock

Investor sentiment improved over the past week

Chairman of the Board recently bought HK$91k worth of stock

Chairman of the Board recently bought HK$140k worth of stock

Chairman of the Board recently bought HK$113k worth of stock

Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.10 in FY 2019)

Chairman of the Board recently bought HK$65k worth of stock

Chairman of the Board recently bought HK$117k worth of stock