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

• Market Cap: HK$85.37B
• Dividend Yield: 2.23%
• Average Volume (3M): 4.80M
• Price to Earnings (P/E): 21.7
• Beta (1Y): 1.29
• Revenue Growth: 13.34%
• EPS Growth: 21.64%
• Country: HK
• Employees: 42,046
• Sector: Real Estate
• Sector Strength: 61
• Industry: Real Estate - Services
• EPS (TTM): 1.72
• Shares Outstanding: 2,282,500,000
• 10 Day Avg. Volume: 2,795,485
• 30 Day Avg. Volume: 4,803,754
• PEG Ratio: 3.60
• Price to Book (P/B): 4.74
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 59.07
• 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$39.92
• Price Target Upside: 7.75% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5

The stock of China Resources Mixc Lifestyle Services Ltd. scores well due to its strong financial performance, characterized by robust revenue growth and profitability, despite concerns over cash flow stability. Technical indicators suggest strong upward momentum, enhancing the stock’s appeal. While the valuation is reasonable, potential liquidity issues and cash management need attention to sustain long-term health.

Positive Factors

Dividend Policy

The company raised the base dividend payout ratio from 55% to 60% and offered a 40% special dividend, bringing total dividends to 100% of core net profit.

Earnings Growth

Net profit went up 24% YoY to RMB 3.6bn, driven by higher revenue contribution from shopping mall business with high gross margin and effective cost control.

Presales and Retail Performance

Share price drivers, including CR Land’s presales GFA growth and retail mall rental income, should continue to head north and support CR MixC’s overall performance.

Negative Factors

Residential Property Management

Resilient, but growth momentum slowing due to headwinds in residential property management.

Revenue Performance

Revenue rose 15% YoY to RMB 17bn, missing guidance by 3%, mainly dragged down by value-added services.

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

Company Description

China Resources Mixc Lifestyle Services Ltd. (1209) is a leading property management and commercial operational service provider in China. The company operates in two main sectors: residential property management and commercial operational and property management. Its core services include managing residential communities, providing value-added services to property developers and community residents, and operating commercial properties such as shopping malls and office buildings.

How the Company Makes Money

China Resources Mixc Lifestyle Services Ltd. generates revenue primarily through property management fees and commercial operational services. The company's income streams include fees from managing residential properties, which involve maintenance, security, and community services. Additionally, it earns significant revenue from its commercial operations through leasing and managing retail spaces, shopping centers, and office complexes. The company also benefits from value-added services provided to both property developers and residents, such as consultancy and agency services. Strategic partnerships with real estate developers and a wide portfolio of managed properties are key factors contributing to its financial performance.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
17.04B	14.77B	12.02B	8.88B	6.78B
	Gross Profit
5.61B	4.69B	3.61B	2.76B	1.83B
	EBIT
4.34B	3.46B	2.99B	2.37B	1.18B
	EBITDA
4.54B	3.66B	3.23B	2.49B	1.29B
	Net Income Common Stockholders
3.63B	2.93B	2.21B	1.72B	817.71M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
12.36B	15.63B	12.59B	13.70B	14.16B
	Total Assets
28.91B	27.78B	25.84B	21.59B	19.08B
	Total Debt
2.31B	2.42B	2.40B	2.16B	1.90B
	Net Debt
-7.26B	-9.16B	-10.19B	-11.54B	-8.41B
	Total Liabilities
12.19B	11.75B	11.51B	7.70B	6.61B
	Stockholders Equity
16.53B	15.95B	14.28B	13.89B	12.46B
Cash Flow		Free Cash Flow
0.00	2.46B	1.77B	1.92B	894.04M
	Operating Cash Flow
0.00	3.04B	1.89B	2.29B	1.10B
	Investing Cash Flow
0.00	-1.83B	-1.06B	1.42B	-1.93B
	Financing Cash Flow
0.00	-2.23B	-1.94B	-321.81M	10.54B

China Resources Mixc Lifestyle Services Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 37.05
• 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 Positive. The current price of 37.05 is above the 20-day moving average (MA) of 36.99, above the 50-day MA of 34.97, and above the 200-day MA of 29.64, indicating a bullish trend. The MACD of 0.72 indicates Positive momentum. The RSI at 55.02 is Neutral, neither overbought nor oversold. The STOCH value of 34.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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
2869	76 Outperform	HK$13.86B	18.58	8.94%	3.42%	1.01%	12.45%
2669	76 Outperform	HK$17.57B	10.73		3.13%	―	―
1209	75 Outperform	HK$85.37B	21.69	22.39%	2.23%	13.34%	21.64%
6098	68 Neutral	$23.87B	12.16	4.96%	0.33%	1.31%	379.84%
1995	68 Neutral	HK$3.35B	6.49	9.70%	9.04%	2.68%	8.49%
Sector *	60 Neutral	$2.80B	10.72	0.24%	8543.13%	6.02%	-17.28%
3319	46 Neutral	€4.19B	―	-29.17%	3.80%	-11.94%	-756.32%

China Resources Mixc Lifestyle Services Ltd. Corporate Events

China Resources Mixc Lifestyle Services Ltd. Announces 2025 AGM and Key Resolutions

China Resources Mixc Lifestyle Services Ltd. has announced its upcoming annual general meeting scheduled for June 5, 2025, where key resolutions will be discussed. These include the approval of the 2024 financial statements, a final dividend declaration, re-election of directors, and re-appointment of KPMG as auditors. The meeting will also address share repurchase and issuance authorizations, reflecting the company’s strategic focus on enhancing shareholder value and operational flexibility.

China Resources Mixc Lifestyle Services Reports Strong 2024 Financial Results

China Resources Mixc Lifestyle Services Ltd. reported a strong financial performance for the year ended December 31, 2024, with a 15.4% increase in revenue to RMB 17.043 billion. The company’s commercial management and property management businesses showed significant growth, contributing to a 19.5% rise in gross profit. The profit attributable to shareholders increased by 23.9%, reflecting the company’s robust operational efficiency. The company declared a final dividend and a special dividend, indicating a positive outlook for stakeholders.

China Resources Mixc Lifestyle Services Ltd. Declares Final Dividend for 2024

China Resources Mixc Lifestyle Services Ltd. announced a final ordinary cash dividend of RMB 0.643 per share for the financial year ending December 31, 2024. The dividend, subject to shareholder approval on June 5, 2025, will be payable on July 25, 2025, with an option for shareholders to receive the dividend in Hong Kong dollars. This announcement reflects the company’s solid financial performance and commitment to returning value to shareholders, potentially strengthening its market position and investor confidence.

China Resources Mixc Lifestyle Services Announces Special Dividend for 2024

China Resources Mixc Lifestyle Services Ltd. announced a special cash dividend of RMB 0.614 per share for the financial year ending December 31, 2024. This announcement reflects the company’s financial performance and its commitment to delivering value to shareholders, with the dividend payable in both RMB and HKD, subject to an election option by July 10, 2025.

China Resources Mixc Lifestyle Services Ltd. Announces Board Meeting for Financial Results

China Resources Mixc Lifestyle Services Ltd. has announced a board meeting scheduled for March 25, 2025, to discuss and approve the company’s final results for the year ending December 31, 2024, and to consider dividend payments. This meeting is significant as it will provide insights into the company’s financial performance and potential shareholder returns, impacting its market position and stakeholder interests.