China Resources Mixc Lifestyle Services Ltd. (1209) AI Stock Analysis

• Market Cap: HK$97.23B
• Dividend Yield: 2.91%
• Average Volume (3M): 3.63M
• Price to Earnings (P/E): 24.0
• Beta (1Y): 1.23
• Revenue Growth: 10.31%
• EPS Growth: 8.93%
• Country: HK
• Employees: 42,046
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.98
• Shares Outstanding: 2,282,500,000
• 10 Day Avg. Volume: 3,746,533
• 30 Day Avg. Volume: 3,633,422
• PEG Ratio: 0.70
• Price to Book (P/B): 3.75
• Price to Sales (P/S): 3.64
• P/FCF Ratio: 16.02
• 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: HK$49.55
• Price Target Upside: 16.31% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: HK$50.00 ▲(17.37% Upside)

The stock's overall score is driven by strong financial performance, particularly in revenue and profit growth, despite liquidity concerns. Technical analysis shows positive momentum but warns of overbought conditions. Valuation remains a concern due to a high P/E ratio, partially mitigated by a moderate dividend yield.

Positive Factors

Revenue Growth

Sustained revenue growth reflects the company's ability to expand its market presence and enhance service offerings, supporting long-term business stability.

Operational Efficiency

Strong operational efficiency through robust EBIT and EBITDA margins indicates effective cost management and profitability, enhancing competitive positioning.

Financial Stability

A strong equity position and low debt-to-equity ratio highlight prudent financial management, ensuring resilience against market fluctuations.

Negative Factors

Liquidity Concerns

Decreasing cash reserves and fluctuating cash flow may limit the company's ability to invest in growth opportunities and meet short-term obligations.

Cash Flow Volatility

Inconsistent cash flow generation can hinder financial flexibility, affecting the company's capacity to fund operations and strategic initiatives.

Cash Management Issues

Inconsistent operating cash flow and lack of free cash flow highlight potential cash management challenges, impacting long-term financial health.

China Resources Mixc Lifestyle Services Ltd. Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

China Resources Mixc Lifestyle Services Ltd. generates revenue through several key streams, primarily from property management fees, service charges, and leasing income. The company charges property owners and developers for managing their residential and commercial properties, which includes maintenance, security, and other operational services. Additionally, the company earns income from leasing retail spaces within its managed properties, capitalizing on its strategic locations and customer footfall. Partnerships with retail brands and service providers also contribute to revenue through referral agreements and shared services, enhancing the overall customer experience and driving additional traffic to their properties. Furthermore, the company may explore growth opportunities through acquisitions or joint ventures that expand its portfolio and service offerings, further solidifying its market position.

China Resources Mixc Lifestyle Services Ltd. Financial Statement Overview

Summary

China Resources Mixc Lifestyle Services Ltd. demonstrates strong revenue and profit growth, supported by healthy margins and effective equity utilization. However, the declining cash balance and inconsistent cash flow generation highlight potential risks to liquidity and cash management. Continued focus on cash flow stability will be essential for sustaining financial health.

Income Statement

The company exhibits strong revenue growth, with a consistent increase from 2019 to 2024, highlighted by a 15.4% growth from 2023 to 2024. The gross profit margin has also improved, indicating efficient cost management. Net profit margin shows healthy profitability, with a slight increase to 21.3% in 2024. EBIT and EBITDA margins are robust, reinforcing the company's operational efficiency.

Balance Sheet

The balance sheet reflects a strong equity position with an equity ratio of 57.2% in 2024, indicating financial stability. The debt-to-equity ratio is low, suggesting prudent leverage management. Return on Equity (ROE) is impressive at 21.9%, showcasing effective use of equity to generate profits. However, the declining cash and equivalents indicate potential liquidity concerns.

Cash Flow

The cash flow statement reveals fluctuating free cash flow, with significant growth in 2023 but a drop to zero in 2024, signaling potential cash management issues. Operating cash flow growth has been inconsistent, and the absence of free cash flow in 2024 could pose a risk to financial flexibility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	17.61B	17.04B	14.77B	12.02B	8.88B	6.78B
Gross Profit	6.07B	5.61B	4.69B	3.61B	2.76B	1.83B
EBITDA	5.00B	4.54B	3.66B	3.23B	1.95B	1.29B
Net Income	3.75B	3.63B	2.93B	2.21B	1.72B	817.71M
Balance Sheet
Total Assets	30.91B	28.91B	27.78B	25.84B	21.59B	19.08B
Cash, Cash Equivalents and Short-Term Investments	12.80B	12.36B	15.63B	12.59B	13.70B	14.16B
Total Debt	2.27B	2.31B	2.42B	2.40B	2.16B	1.90B
Total Liabilities	15.23B	12.19B	11.75B	11.51B	7.70B	6.61B
Stockholders Equity	15.54B	16.53B	15.95B	14.28B	13.89B	12.46B
Cash Flow
Free Cash Flow	2.58B	3.87B	2.46B	1.77B	1.92B	894.04M
Operating Cash Flow	2.68B	4.26B	3.04B	1.89B	2.29B	1.10B
Investing Cash Flow	941.94M	-2.96B	-1.83B	-1.06B	1.42B	-1.93B
Financing Cash Flow	-3.19B	-3.31B	-2.23B	-1.94B	-321.81M	10.54B

China Resources Mixc Lifestyle Services Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 42.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1209, the sentiment is Neutral. The current price of 42.6 is below the 20-day moving average (MA) of 44.21, above the 50-day MA of 42.47, and above the 200-day MA of 37.86, indicating a neutral trend. The MACD of 0.15 indicates Positive momentum. The RSI at 44.44 is Neutral, neither overbought nor oversold. The STOCH value of 30.99 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:1209.

China Resources Mixc Lifestyle Services Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6049	78 Outperform	HK$18.58B	11.28	15.94%	4.32%	6.54%	3.26%
2869	70 Outperform	HK$14.12B	16.45	10.30%	2.86%	-0.95%	14.89%
2669	69 Neutral	HK$15.30B	9.19	30.27%	3.75%	―	―
1209	67 Neutral	HK$97.23B	24.02	23.11%	2.91%	10.31%	8.93%
6098	66 Neutral	HK$20.76B	14.00	3.72%	4.83%	7.23%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
2602	58 Neutral	HK$22.24B	17.53	7.08%	1.74%	5.75%	-31.63%

China Resources Mixc Lifestyle Services Ltd. Corporate Events

China Resources Mixc Lifestyle Services Ltd. Announces EGM for Key Transaction Approvals

China Resources Mixc Lifestyle Services Ltd. has announced an Extraordinary General Meeting (EGM) to be held on December 18, 2025, to discuss and approve the Non-exempt Continuing Connected Transaction Agreements and the renewal of annual caps under the Amended 2023 CR Land Commercial Operational Services Framework Agreement. This meeting is significant as it will determine the future operational agreements and financial frameworks that could impact the company’s strategic positioning and stakeholder interests.

China Resources Mixc Lifestyle Services Ltd. Delays Circular Dispatch for Transaction Renewal

China Resources Mixc Lifestyle Services Ltd. announced a delay in the dispatch of a circular related to the renewal of its continuing connected transactions. The circular, which includes details of non-exempt transactions and letters from the Independent Board Committee and Financial Adviser, was initially scheduled for release by 19 November 2025 but has been postponed to on or before 28 November 2025. This delay is due to the additional time required to finalize the necessary information, potentially impacting the company’s transaction renewal timeline and shareholder communications.

China Resources Mixc Lifestyle Services Announces Share Placement by Controlling Shareholder

China Resources Mixc Lifestyle Services Ltd. announced that its controlling shareholder, China Resources Land Limited, has entered into an agreement to place 49,500,000 existing shares, representing approximately 2.17% of the company’s total issued shares. This move will reduce the controlling shareholder’s stake from 72.29% to 70.12%. The company does not anticipate any adverse effects on its operations due to this share placement, and stakeholders are advised to exercise caution in their dealings.

China Resources Mixc Lifestyle Revises 2023 Leasing Agreement Caps

China Resources Mixc Lifestyle Services Ltd. announced a revision of the annual caps for its 2023 CR Land Property Leasing Framework Agreement due to anticipated insufficiency in meeting business needs. The revision, which complies with Chapter 14A of the Listing Rules, is necessary as the estimated rental payments are expected to exceed the original cap of RMB15 million for the financial year ending 2025. The transactions are subject to reporting and annual review requirements but are exempt from circular and independent shareholders’ approval.

China Resources Mixc Lifestyle Services Ltd. Renews Key Transaction Agreements

China Resources Mixc Lifestyle Services Ltd. announced the renewal of its continuing connected transaction agreements, set to commence in 2026, and the renewal of annual caps under the amended 2023 CR Land Commercial Operational Services Framework Agreement. These renewals, which require independent shareholder approval for certain non-exempt transactions, aim to extend the agreements for an additional three years, impacting the company’s operational continuity and compliance with listing rules.

China Resources Mixc Lifestyle Services Ltd. Forms Nomination Committee to Boost Governance

China Resources Mixc Lifestyle Services Ltd. has established a Nomination Committee to oversee the selection and appointment of directors, ensuring compliance with the Hong Kong Stock Exchange’s independence requirements. This move is expected to enhance corporate governance by formalizing the process of board appointments, potentially improving the company’s strategic direction and stakeholder confidence.

China Resources Mixc Lifestyle Services Ltd. Enhances Membership Programs with Strategic Acquisitions

China Resources Mixc Lifestyle Services Ltd. has announced a supplemental update regarding its proposed acquisitions and 2025 membership operation and marketing business framework agreements. The company is focused on enhancing its membership programs through strategic acquisitions of CR Networks SZ and China Net Data Technology GZ. These acquisitions are expected to bolster the company’s membership platform, leveraging the CR Life Club’s capabilities to expand its membership points alliance across various consumption scenarios. Despite CR Networks SZ’s temporary net losses in 2024, the company shows signs of recovery and holds a strong position with a mature membership platform and recognition as a National High-Tech Enterprise.

China Resources Mixc Lifestyle Announces Board Changes

China Resources Mixc Lifestyle Services Ltd. announced a change in its board, with Mr. Guo Shiqing resigning as a non-executive director and audit committee member, and Mr. Zhao Wei being appointed to these roles effective September 23, 2025. Mr. Zhao brings over 20 years of financial management experience and has held significant positions within the China Resources Group, including roles at China Resources Land Limited and China Resources Beer. This transition is expected to strengthen the company’s governance and financial oversight, potentially impacting its strategic direction and stakeholder confidence.

China Resources Mixc Lifestyle Services Ltd. Announces Board Composition

China Resources Mixc Lifestyle Services Ltd. announced the composition of its board of directors, highlighting the roles and functions of each member. This announcement is significant for stakeholders as it outlines the leadership structure and governance, which are crucial for strategic decision-making and maintaining investor confidence.