XHKG2165
Market cap44mUSD
Dec 23, Last price
1.21HKD
1D
12.04%
1Q
-18.79%
IPO
-71.12%
Name
Ling Yue Services Group Ltd
Chart & Performance
P/E
3.19
P/S
0.53
EPS
0.36
Div Yield, %
0.00%
Shrs. gr., 5y
0.40%
Rev. gr., 5y
29.23%
Revenues
609m
+5.43%
Net income
102m
+32.28%
CFO
245m
+161.57%
Earnings
May 30, 2025
Profile
Ling Yue Services Group Limited operates as a property management company in the People's Republic of China. The company offers a range of property management services, such as security services, cleaning and greening services, and repair and maintenance services to property owners, residents, and property developers, as well as tenants in non-residential properties. It manages a diverse portfolio of properties, including residential properties, commercial properties, and public and other properties. The company also provides value-added services to non-property owners, including preliminary planning and design consultancy, sales office management, pre-delivery, repair and maintenance, property transaction assistance, and security support services; and community value-added services primarily to property owners and residents comprising community space management, decoration and turnkey furnishing, convenient living, and community retail services. As of December 31, 2021, it had been contracted to manage 183 properties with an aggregate contracted GFA of approximately 20.8 million square meters under its management. The company was founded in 2002 and is headquartered in Chengdu, the People's Republic of China.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | |
| Income | ||||||
Revenues | 609,097 5.43% | 577,702 6.75% | 541,174 26.39% | |||
Cost of revenue | 470,983 | 467,014 | 453,307 | |||
Unusual Expense (Income) | ||||||
NOPBT | 138,114 | 110,688 | 87,867 | |||
NOPBT Margin | 22.68% | 19.16% | 16.24% | |||
Operating Taxes | 22,955 | 15,678 | 12,450 | |||
Tax Rate | 16.62% | 14.16% | 14.17% | |||
NOPAT | 115,159 | 95,010 | 75,417 | |||
Net income | 101,863 32.28% | 77,004 9.05% | 70,613 8.28% | |||
Dividends | (65,417) | |||||
Dividend yield | 6.76% | |||||
Proceeds from repurchase of equity | 265,446 | |||||
BB yield | -27.45% | |||||
| Debt | ||||||
Debt current | 754 | |||||
Long-term debt | 754 | |||||
Deferred revenue | ||||||
Other long-term liabilities | ||||||
Net debt | (612,898) | (366,518) | (279,136) | |||
| Cash flow | ||||||
Cash from operating activities | 244,680 | 93,544 | 1,289 | |||
CAPEX | (3,877) | (3,856) | (1,299) | |||
Cash from investing activities | (2,984) | (2,916) | 18,143 | |||
Cash from financing activities | (245) | (5,175) | 187,583 | |||
FCF | 150,961 | 105,366 | 25,997 | |||
| Balance | ||||||
Cash | 606,210 | 360,742 | 275,289 | |||
Long term investments | 6,688 | 5,776 | 5,355 | |||
Excess cash | 582,443 | 337,633 | 253,585 | |||
Stockholders' equity | 276,269 | 189,188 | 121,346 | |||
Invested Capital | 273,418 | 247,238 | 242,544 | |||
ROIC | 44.24% | 38.80% | 51.97% | |||
ROCE | 25.07% | 25.24% | 23.99% | |||
| EV | ||||||
Common stock shares outstanding | 285,685 | 285,685 | 245,437 | |||
Price | 0.64 -4.48% | 0.67 -82.99% | 3.94 | |||
Market cap | 182,838 -4.48% | 191,409 -80.21% | 967,020 | |||
EV | (414,999) | (147,080) | 715,113 | |||
EBITDA | 141,991 | 114,242 | 91,412 | |||
EV/EBITDA | 7.82 | |||||
Interest | 4 | 28 | ||||
Interest/NOPBT | 0.00% | 0.03% | ||||