China Resources Mixc Lifestyle Services Ltd

Chart & Performance

D1W1MN

P/E

21.34

P/S

4.54

EPS

1.59

Div Yield, %

2.25%

Shrs. gr., 5y

0.74%

Rev. gr., 5y

23.77%

Revenues

17.04b

+15.41%

Net income

3.63b

+23.92%

CFO

-100.00%

Dividend

Jun 12, 20251.3456 HKD/sh

Profile

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. The company also provides commercial operational and property management services covering commercial properties under its management include shopping malls and office buildings; commercial operational services, such as pre-opening and operation management services for shopping malls, as well as tenant sourcing, asset management and operational services, and opening preparation services for office buildings; property management and other services, primarily comprising security, cleaning and greening, and repair and maintenance, as well as other value-added services shopping malls and office buildings; and commercial subleasing services, where it leases shopping malls from their owners and sublease to tenants, such as retail stores and supermarkets. In addition, it offers thermal energy supply, as well as construction and decoration services. The company provides commercial operational and subleasing services primarily under the MIXC and MIXONE brand names. It serves property developers, property owners, property owners' associations, residents, and tenants. The company was founded in 1994 and is headquartered in Shenzhen, the People's Republic of China. China Resources Mixc Lifestyle Services Limited is a subsidiary of China Resources Land Limited.

URL

http://www.crmixclifestyle.com.cn/

IPO date

Dec 09, 2020

Employees

39,824

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12
Income
Revenues	17,042,658 15.41%	14,766,952 22.89%	12,016,179 35.39%
Cost of revenue	12,699,037	11,307,186	9,609,240
Unusual Expense (Income)
NOPBT	4,343,621	3,459,766	2,406,939
NOPBT Margin	25.49%	23.43%	20.03%
Operating Taxes	1,165,114	969,484	692,905
Tax Rate	26.82%	28.02%	28.79%
NOPAT	3,178,507	2,490,282	1,714,034
Net income	3,629,375 23.92%	2,928,749 32.76%	2,206,126 27.90%
Dividends		(2,089,868)	(962,775)
Dividend yield		3.29%	1.06%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	132,731	151,786	99,755
Long-term debt	4,481,095	4,686,432	4,703,679
Deferred revenue		221,131
Other long-term liabilities	1,184,858	919,271	405,195
Net debt	(12,227,229)	(6,948,340)	(10,349,659)
Cash flow
Cash from operating activities		3,041,505	1,891,033
CAPEX		(431,848)	(121,045)
Cash from investing activities		(1,826,783)	(1,064,138)
Cash from financing activities		(2,227,960)	(1,935,673)
FCF	3,142,860	2,499,372	1,671,114
Balance
Cash	12,361,063	15,632,925	12,592,832
Long term investments	4,479,992	(3,846,367)	2,560,261
Excess cash	15,988,922	11,048,210	14,552,284
Stockholders' equity	16,721,156	3,770,370	2,945,263
Invested Capital	4,224,005	15,825,191	13,890,543
ROIC	31.71%	16.76%	12.66%
ROCE	21.49%	17.66%	13.67%
EV
Common stock shares outstanding	2,282,500	2,282,500	2,282,500
Price	28.90 3.77%	27.85 -29.76%	39.65 13.94%
Market cap	65,964,250 3.77%	63,567,625 -29.76%	90,501,125 13.94%
EV	53,932,805	56,707,099	80,835,660
EBITDA	4,343,621	3,734,684	2,641,471
EV/EBITDA	12.42	15.18	30.60
Interest		117,202	87,224
Interest/NOPBT		3.39%	3.62%