Beijing Properties (Holdings) Limited (0925) AI Stock Analysis

• Market Cap: HK$906.01M
• Dividend Yield: N/A
• Average Volume (3M): 13.07M
• Price to Earnings (P/E): ―
• Beta (1Y): -0.33
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: HK
• Employees: 315
• Sector: Real Estate
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): -0.07
• Shares Outstanding: 6,969,331,500
• 10 Day Avg. Volume: 38,855,400
• 30 Day Avg. Volume: 13,069,266
• PEG Ratio: -0.01
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.34
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 40 Underperform
• Price Target: ―

Beijing Properties (Holdings) Limited has a low overall stock score due to significant financial challenges, including declining revenues and high debt, coupled with negative earnings. Technical indicators suggest bearish momentum, and the company's valuation is unattractive due to negative earnings and the absence of dividends.

Beijing Properties (Holdings) Limited Business Overview & Revenue Model

Company Description

Beijing Properties (Holdings) Limited, together with its subsidiaries, engages in the real estate business in Mainland China and Hong Kong. It operates through five segments: Properties Business, Logistics Business, Industrial Business, Trading Business, and Primary Land Development Business. The company leases commercial and health care properties, and industrial plants, as well as provides related management services; and develops and sells land. It also offers general warehouse, specialized wholesale market, and related logistics and management services. In addition, the company is involved in cold chain logistics warehouse management, shopping malls holding and leasing, frozen products trading, and office management activities. The company was formerly known as Peaktop International Holdings Limited and changed its name to Beijing Properties (Holdings) Limited in September 2009. The company was incorporated in 1997 and is headquartered in Wan Chai, Hong Kong. Beijing Properties (Holdings) Limited is a subsidiary of Beijing Enterprises Real Estate (HK) Limited.

How the Company Makes Money

Beijing Properties (Holdings) Limited generates revenue primarily through the sale and leasing of residential and commercial properties. The development of real estate for sale involves acquiring land, constructing buildings, and selling units to customers, thereby earning income from property sales. Additionally, the company earns recurring revenue from its property investment segment through rental income from leased properties. The logistics and warehousing services segment also contributes to its revenue by providing logistics facilities and services, which may include partnerships with other firms to enhance service offerings. The company's earnings are further supported by strategic investments and joint ventures that expand its market reach and operational capabilities.

Beijing Properties (Holdings) Limited Financial Statement Overview

Summary

Beijing Properties (Holdings) Limited faces significant financial challenges with declining revenues, persistent net losses, and high leverage. While EBIT margins improved, the company's high debt levels and negative cash flows pose ongoing risks to financial stability.

Income Statement

The company shows a declining revenue trend with a significant drop in 2024 to HK$792 million from HK$1.62 billion in 2023. Gross profit also fell drastically, resulting in negative net income. The gross profit margin is high at 100% due to revenue equaling gross profit, but the net profit margin remains negative. EBIT margin improved significantly from 2023 to 2024, indicating better operational efficiency despite shrinking revenues.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio due to substantial total debt compared to equity, which has decreased over time. The equity ratio is low, reflecting a reliance on debt financing. Return on equity is negative due to consistent net losses, suggesting challenges in generating shareholder returns.

Cash Flow

The cash flow statements indicate a lack of positive operating cash flow, with free cash flow remaining negative. The company shows no clear improvement in cash-generating ability, evidenced by negative free cash flow and operating cash flow to net income ratios.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
792.51M	1.62B	1.31B	710.82M	688.37M
	Gross Profit
137.54M	258.06M	459.23M	438.42M	327.11M
	EBIT
682.73M	101.11M	241.26M	242.07M	122.39M
	EBITDA
-85.79M	111.93M	932.03M	279.00M	728.54M
	Net Income Common Stockholders
-571.24M	-996.05M	-121.97M	-373.98M	-270.63M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
691.99M	412.99M	943.06M	1.19B	760.52M
	Total Assets
13.81B	14.98B	17.74B	22.02B	20.16B
	Total Debt
8.18B	8.18B	8.88B	10.73B	10.38B
	Net Debt
7.49B	7.79B	8.35B	9.79B	9.70B
	Total Liabilities
11.20B	11.67B	12.98B	16.37B	14.49B
	Stockholders Equity
874.17M	1.51B	2.65B	3.41B	3.49B
Cash Flow		Free Cash Flow
0.00	-532.71M	-1.14B	-700.03M	-884.98M
	Operating Cash Flow
-366.82M	-33.65M	-1.13B	-688.86M	-869.26M
	Investing Cash Flow
0.00	1.02B	2.36B	19.72M	-1.66B
	Financing Cash Flow
0.00	-822.60M	-1.64B	1.08B	2.20B

Beijing Properties (Holdings) Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0925, the sentiment is Positive. The current price of 0.13 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 98.92 is Negative, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0925.

Beijing Properties (Holdings) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$2.83B	10.91	0.42%	11.76%	5.94%	-21.26%
2327	50 Neutral	HK$1.17B	36.08	2.65%	1.40%	-60.81%	-21.00%
1094	44 Neutral	HK$260.71M	―	-0.09%	―	63.16%	-100.69%
2322	44 Neutral	HK$1.71B	―	-16.08%	―	-37.67%	-460.38%
0025	42 Neutral	HK$1.17B	―	-3.47%	8.21%	7.83%	-296.70%
0925	40 Underperform	HK$906.01M	―		―	―	―
ICHA		€49.18M	―		―	―	―

Beijing Properties (Holdings) Limited Corporate Events

Beijing Properties Reports Significant Revenue Decline in 2024

Beijing Properties (Holdings) Limited reported a significant decrease in revenue and gross profit for the year ended December 31, 2024, with revenue falling by approximately 41.10% and gross profit declining by 43.40% compared to the previous year. Despite the decrease in losses attributable to shareholders, the company still faced a consolidated loss of RMB536.85 million, highlighting ongoing financial challenges. The decrease in revenue and profit margins may impact the company’s market positioning and stakeholder confidence.

Beijing Properties Schedules Board Meeting for Financial Results Approval

Beijing Properties (Holdings) Limited has announced that its board of directors will convene on March 28, 2025, to approve the company’s final results for the year ending December 31, 2024. The meeting will also consider recommending a final dividend, which could impact shareholder returns and reflect the company’s financial health.