2869 Stock Overview
Greentown Service Group Co. Ltd. provides residential property management services in China, Australia, and Hong Kong.
Greentown Service Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$6.42|
|52 Week High||HK$9.35|
|52 Week Low||HK$5.31|
|1 Month Change||-24.91%|
|3 Month Change||-12.30%|
|1 Year Change||-27.62%|
|3 Year Change||4.05%|
|5 Year Change||37.47%|
|Change since IPO||191.82%|
Recent News & Updates
Is There An Opportunity With Greentown Service Group Co. Ltd.'s (HKG:2869) 34% Undervaluation?
Today we will run through one way of estimating the intrinsic value of Greentown Service Group Co. Ltd. ( HKG:2869 ) by...
Here's Why I Think Greentown Service Group (HKG:2869) Might Deserve Your Attention Today
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|2869||HK Real Estate||HK Market|
Return vs Industry: 2869 exceeded the Hong Kong Real Estate industry which returned -36.2% over the past year.
Return vs Market: 2869 underperformed the Hong Kong Market which returned -22.7% over the past year.
|2869 Average Weekly Movement||6.0%|
|Real Estate Industry Average Movement||5.8%|
|Market Average Movement||6.5%|
|10% most volatile stocks in HK Market||12.8%|
|10% least volatile stocks in HK Market||3.1%|
Stable Share Price: 2869 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 2869's weekly volatility (6%) has been stable over the past year.
About the Company
Greentown Service Group Co. Ltd. provides residential property management services in China, Australia, and Hong Kong. The company offers property management services, including security, cleaning, gardening, and repair and maintenance services; project planning, design management, construction management, and marketing management consulting services to real estate developers; and management consulting services to real estate developers and property management companies.
Greentown Service Group Fundamentals Summary
|2869 fundamental statistics|
Is 2869 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2869 income statement (TTM)|
|Cost of Revenue||CN¥10.24b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.26|
|Net Profit Margin||6.73%|
How did 2869 perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is 2869 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2869?
Other financial metrics that can be useful for relative valuation.
|What is 2869's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2869's PE Ratio compare to its peers?
|2869 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
6049 Poly Property Services
10 Hang Lung Group
1528 Red Star Macalline Group
14 Hysan Development
2869 Greentown Service Group
Price-To-Earnings vs Peers: 2869 is expensive based on its Price-To-Earnings Ratio (21.2x) compared to the peer average (13.3x).
Price to Earnings Ratio vs Industry
How does 2869's PE Ratio compare vs other companies in the HK Real Estate Industry?
Price-To-Earnings vs Industry: 2869 is expensive based on its Price-To-Earnings Ratio (21.2x) compared to the Hong Kong Real Estate industry average (5.6x)
Price to Earnings Ratio vs Fair Ratio
What is 2869's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||21.2x|
|Fair PE Ratio||6.7x|
Price-To-Earnings vs Fair Ratio: 2869 is expensive based on its Price-To-Earnings Ratio (21.2x) compared to the estimated Fair Price-To-Earnings Ratio (6.7x).
Share Price vs Fair Value
What is the Fair Price of 2869 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2869 (HK$6.42) is trading below our estimate of fair value (HK$12.65)
Significantly Below Fair Value: 2869 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.
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How is Greentown Service Group forecast to perform in the next 1 to 3 years based on estimates from 23 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2869's forecast earnings growth (19.1% per year) is above the savings rate (1.6%).
Earnings vs Market: 2869's earnings (19.1% per year) are forecast to grow faster than the Hong Kong market (16.7% per year).
High Growth Earnings: 2869's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2869's revenue (18.9% per year) is forecast to grow faster than the Hong Kong market (10% per year).
High Growth Revenue: 2869's revenue (18.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2869's Return on Equity is forecast to be low in 3 years time (19.6%).
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How has Greentown Service Group performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2869 has high quality earnings.
Growing Profit Margin: 2869's current net profit margins (6.7%) are lower than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: 2869's earnings have grown significantly by 21.3% per year over the past 5 years.
Accelerating Growth: 2869's earnings growth over the past year (19.1%) is below its 5-year average (21.3% per year).
Earnings vs Industry: 2869 earnings growth over the past year (19.1%) exceeded the Real Estate industry 17%.
Return on Equity
High ROE: 2869's Return on Equity (12.1%) is considered low.
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How is Greentown Service Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2869's short term assets (CN¥9.3B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 2869's short term assets (CN¥9.3B) exceed its long term liabilities (CN¥1.2B).
Debt to Equity History and Analysis
Debt Level: 2869 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2869's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2869's debt is well covered by operating cash flow (588%).
Interest Coverage: 2869 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Greentown Service Group current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2869's dividend (2.93%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.82%).
High Dividend: 2869's dividend (2.93%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.35%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 2869 has been paying a dividend for less than 10 years.
Growing Dividend: 2869's dividend payments have increased, but the company has only paid a dividend for 5 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (49.9%), 2869's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (86.4%), 2869's dividend payments are covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Keli Jin (39 yo)
Ms. Keli Jin has been the Chief Executive Officer of Greentown Service Group Co. Ltd. since June 21, 2021 and serves as its Executive Director since February 01, 2022. She had been Chief Operating Officer...
Experienced Management: 2869's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
Experienced Board: 2869's board of directors are considered experienced (6.4 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Greentown Service Group Co. Ltd.'s employee growth, exchange listings and data sources
- Name: Greentown Service Group Co. Ltd.
- Ticker: 2869
- Exchange: SEHK
- Founded: 1998
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Implied Market Cap: HK$20.865b
- Shares outstanding: 3.25b
- Website: https://www.lvchengfuwu.com
Number of Employees
- Greentown Service Group Co. Ltd.
- Xixi International Business Center
- Block B
- Zhejiang Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/10 00:00|
|End of Day Share Price||2022/08/10 00:00|
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.