XHKG3316
Market cap717mUSD
Dec 27, Last price
20.15HKD
1D
0.85%
1Q
5.06%
IPO
175.65%
Name
Binjiang Service Group Co Ltd
Chart & Performance
P/E
10.63
P/S
1.86
EPS
1.78
Div Yield, %
4.65%
Shrs. gr., 5y
0.72%
Rev. gr., 5y
40.70%
Revenues
2.81b
+41.69%
Net income
493m
+19.55%
CFO
929m
-17.28%
Dividend
Oct 02, 20240.63 HKD/sh
Earnings
Jun 06, 2025
Profile
Binjiang Service Group Co. Ltd. provides property management and related services in the People's Republic of China. Its property management services include security, cleaning, gardening, repair, maintenance, and ancillary services to residential and non-residential properties, such as commercial properties, office buildings, corporate buildings, public facilities, industrial parks, and government buildings. The company also offers value-added services to non-property owners comprising pre-delivery, consulting, and community space services primarily to property developers; and property sales and leasing agency, car parking space, and storage room services, as well as home living, interior design, customized furnishing, facility upgrade, and maintenance services to property owners. In addition, the company sells furniture, parking places, and storage rooms; and provides decoration, advertisement design, producing, releasing, and brokerage services. It serves property owners and residents, property developers, and property management companies. The company was founded in 1995 and is headquartered in Hangzhou, China. Binjiang Service Group Co. Ltd. is a subsidiary of Great Dragon Ventures Limited.
Valuation
Title CNY in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
| Income | |||||||||
Revenues | 2,809,206 41.69% | 1,982,633 41.72% | 1,398,947 45.69% | ||||||
Cost of revenue | 2,207,713 | 1,460,734 | 1,006,635 | ||||||
Unusual Expense (Income) | |||||||||
NOPBT | 601,493 | 521,899 | 392,312 | ||||||
NOPBT Margin | 21.41% | 26.32% | 28.04% | ||||||
Operating Taxes | 149,508 | 142,096 | 98,197 | ||||||
Tax Rate | 24.86% | 27.23% | 25.03% | ||||||
NOPAT | 451,985 | 379,803 | 294,115 | ||||||
Net income | 492,545 19.55% | 411,995 28.05% | 321,751 46.55% | ||||||
Dividends | (259,208) | (111,059) | (218,628) | ||||||
Dividend yield | 5.85% | 2.11% | 3.61% | ||||||
Proceeds from repurchase of equity | |||||||||
BB yield | |||||||||
| Debt | |||||||||
Debt current | 2,368 | 454 | 1,586 | ||||||
Long-term debt | 5,678 | 454 | 1,824 | ||||||
Deferred revenue | |||||||||
Other long-term liabilities | |||||||||
Net debt | (3,149,486) | (2,415,221) | (1,349,805) | ||||||
| Cash flow | |||||||||
Cash from operating activities | 928,892 | 1,122,920 | 242,385 | ||||||
CAPEX | (24,848) | (21,762) | (12,959) | ||||||
Cash from investing activities | (1,168,128) | 32,044 | 65,552 | ||||||
Cash from financing activities | (255,819) | (111,350) | (208,127) | ||||||
FCF | 435,048 | 372,347 | 289,680 | ||||||
| Balance | |||||||||
Cash | 1,791,217 | 2,123,220 | 1,193,354 | ||||||
Long term investments | 1,366,315 | 292,909 | 159,861 | ||||||
Excess cash | 3,017,072 | 2,316,997 | 1,283,268 | ||||||
Stockholders' equity | 1,458,736 | 1,268,832 | 848,754 | ||||||
Invested Capital | 86,870 | (164,376) | 41,783 | ||||||
ROIC | 181.11% | ||||||||
ROCE | 38.42% | 46.13% | 44.05% | ||||||
| EV | |||||||||
Common stock shares outstanding | 276,407 | 276,407 | 276,407 | ||||||
Price | 16.04 -15.93% | 19.08 -12.88% | 21.90 57.78% | ||||||
Market cap | 4,433,568 -15.93% | 5,273,846 -12.88% | 6,053,313 57.78% | ||||||
EV | 1,337,218 | 2,964,050 | 4,804,579 | ||||||
EBITDA | 615,479 | 529,840 | 398,415 | ||||||
EV/EBITDA | 2.17 | 5.59 | 12.06 | ||||||
Interest | 647 | 2,744 | 689 | ||||||
Interest/NOPBT | 0.11% | 0.53% | 0.18% | ||||||