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

• Market Cap: HK$95.00B
• Dividend Yield: 3.78%
• Average Volume (3M): 3.69M
• Price to Earnings (P/E): 23.5
• Beta (1Y): 1.34
• Revenue Growth: 10.31%
• EPS Growth: 8.93%
• Country: HK
• Employees: 42,046
• Sector: Real Estate
• Sector Strength: 48
• Industry: Real Estate - Services
• EPS (TTM): 0.97
• Shares Outstanding: 2,282,500,000
• 10 Day Avg. Volume: 2,455,736
• 30 Day Avg. Volume: 3,690,435
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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$43.48
• Price Target Upside: 16.26% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 6

• Rating: 66 Neutral
• Price Target: HK$41.00 ▲(9.63% Upside)

The stock's overall score is driven by strong financial performance, despite liquidity concerns, and neutral technical indicators. Valuation suggests potential overvaluation, balanced by a reasonable dividend yield.

Positive Factors

Dividend Policy

The company declared a 100% dividend payout which represents a dividend yield of 5.1%.

Earnings Performance

Net profit went up 24% YoY to RMB 3.6bn, beating guidance by 4%, driven by higher revenue contribution from shopping mall business with high gross margin and effective cost control.

Retail Sales Growth

Total retail sales rose 21% YoY with SSSG at 9.7% YoY, much better than peers.

Negative Factors

Revenue Miss

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

VAS Revenue Decline

Non-owner VAS/owner VAS revenue fell -35/33% YoY, while basic PM grew 9% YoY, a bit slower due to the proactive exit of low-quality projects to secure future GP margins and collection rates.

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 multiple streams, primarily from its property management services. This includes fees collected for managing residential and commercial properties, covering services such as security, cleaning, landscaping, and maintenance. The company also earns income from commercial operational and management services, which involve managing shopping malls and other commercial properties, generating rental income, and providing tenant management services. Additionally, the company offers value-added services, which encompass community value-added services, such as home decoration and brokerage services, as well as commercial value-added services, including marketing and promotional activities for tenants. Strategic partnerships and collaborations with property developers and commercial clients further enhance its revenue potential.

China Resources Mixc Lifestyle Services Ltd. Financial Statement Overview

Summary

Strong revenue and profit growth with healthy margins and effective equity utilization. However, declining cash balance and inconsistent cash flow generation highlight potential risks to liquidity and cash management.

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
EBITDA	4.54B	3.66B	3.23B	2.49B	1.29B
Net Income	3.63B	2.93B	2.21B	1.72B	817.71M
Balance Sheet
Total Assets	28.91B	27.78B	25.84B	21.59B	19.08B
Cash, Cash Equivalents and Short-Term Investments	12.36B	15.63B	12.59B	13.70B	14.16B
Total Debt	2.31B	2.42B	2.40B	2.16B	1.90B
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	3.87B	2.46B	1.77B	1.92B	894.04M
Operating Cash Flow	4.26B	3.04B	1.89B	2.29B	1.10B
Investing Cash Flow	-2.96B	-1.83B	-1.06B	1.42B	-1.93B
Financing Cash Flow	-3.31B	-2.23B	-1.94B	-321.81M	10.54B

China Resources Mixc Lifestyle Services Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 37.40
• 50DMA: Negative
• 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 Negative. The current price of 37.4 is below the 20-day moving average (MA) of 39.06, below the 50-day MA of 38.36, and above the 200-day MA of 33.46, indicating a neutral trend. The MACD of 0.36 indicates Positive momentum. The RSI at 41.63 is Neutral, neither overbought nor oversold. The STOCH value of 28.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
1209	66 Neutral	HK$95.00B	23.47	23.11%	3.78%	10.31%	8.93%
Sector *	53 Neutral	$1.21B	2.63	-5.63%	5.88%	-2.36%	-88.31%
CNPPF	―	$2.34B	10.95	30.27%	4.88%	―	―
CTRGF	―	$3.17B	16.67	3.72%	4.10%	―	―
6049	79 Outperform	HK$20.75B	12.60	15.94%	3.98%	6.54%	3.26%
2602	74 Outperform	HK$30.35B	23.92	7.08%	4.40%	5.75%	-31.63%
2869	73 Outperform	HK$15.91B	18.55	10.30%	2.57%	-0.95%	14.89%

China Resources Mixc Lifestyle Services Ltd. Corporate Events

China Resources Mixc Lifestyle Services Ltd. Announces Board Composition

China Resources Mixc Lifestyle Services Ltd. has announced the composition of its board of directors, detailing the roles and functions of each member. This announcement is significant as it outlines the leadership structure that will guide the company’s strategic direction and operational decisions, potentially impacting its market positioning and stakeholder relationships.

The most recent analyst rating on (HK:1209) stock is a Buy with a HK$45.00 price target. To see the full list of analyst forecasts on China Resources Mixc Lifestyle Services Ltd. stock, see the HK:1209 Stock Forecast page.

China Resources Mixc Lifestyle Expands Through Strategic Acquisitions

China Resources Mixc Lifestyle Services Ltd. has announced the acquisition of CR Networks SZ and China Net Data Technology GZ, which will become indirect wholly owned subsidiaries of the company. Additionally, the company has entered into the 2025 Membership Operation and Marketing Business Framework Agreements to regulate membership and marketing services until the end of 2025. These transactions are subject to reporting and announcement requirements under the Listing Rules but are exempt from independent shareholders’ approval.

The most recent analyst rating on (HK:1209) stock is a Buy with a HK$45.00 price target. To see the full list of analyst forecasts on China Resources Mixc Lifestyle Services Ltd. stock, see the HK:1209 Stock Forecast page.

China Resources Mixc Lifestyle Appoints New Non-Executive Director

China Resources Mixc Lifestyle Services Ltd. has appointed Mr. Guo Ruifeng as a non-executive director effective June 30, 2025. Mr. Guo brings extensive experience in property development and management, having held various leadership roles within the company and its affiliates. This appointment is expected to strengthen the company’s strategic direction and operational management capabilities, potentially impacting its market positioning positively.

The most recent analyst rating on (HK:1209) stock is a Buy with a HK$45.00 price target. To see the full list of analyst forecasts on China Resources Mixc Lifestyle Services Ltd. stock, see the HK:1209 Stock Forecast page.

China Resources Mixc Lifestyle Services Declares Final Dividend for 2024

China Resources Mixc Lifestyle Services Ltd. has announced a cash dividend of RMB 0.643 per share for the financial year ending December 31, 2024, with an option for shareholders to receive the dividend in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.09108. The payment date for this dividend is set for July 23, 2025, reflecting the company’s stable financial performance and commitment to delivering shareholder value.

The most recent analyst rating on (HK:1209) stock is a Buy with a HK$45.00 price target. To see the full list of analyst forecasts on China Resources Mixc Lifestyle Services Ltd. stock, see the HK:1209 Stock Forecast page.

China Resources Mixc Lifestyle Services Announces Special Dividend for 2024

China Resources Mixc Lifestyle Services Ltd. has announced a special cash dividend of RMB 0.614 per share for the financial year ending December 31, 2024, payable in Hong Kong dollars at HKD 0.67 per share. The payment date is set for July 23, 2025, with a currency option available for shareholders. This announcement reflects the company’s financial health and commitment to delivering value to its shareholders, potentially strengthening its market position and stakeholder confidence.

The most recent analyst rating on (HK:1209) stock is a Buy with a HK$45.00 price target. To see the full list of analyst forecasts on China Resources Mixc Lifestyle Services Ltd. stock, see the HK:1209 Stock Forecast page.

China Resources Mixc Lifestyle Services Announces Final Dividend for 2024

China Resources Mixc Lifestyle Services Ltd. has announced a final ordinary cash dividend of RMB 0.643 per share for the financial year ending December 31, 2024. The dividend will be paid in Hong Kong dollars at a rate of HKD 0.702 per share, with shareholders having the option to receive the dividend in RMB. This announcement reflects the company’s financial performance and commitment to returning value to shareholders, with the payment scheduled for July 25, 2025.

The most recent analyst rating on (HK:1209) stock is a Buy with a HK$38.00 price target. To see the full list of analyst forecasts on China Resources Mixc Lifestyle Services Ltd. stock, see the HK:1209 Stock Forecast page.

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, with an option for shareholders to receive the dividend in Hong Kong dollars at a rate of HKD 0.67 per share. This announcement reflects the company’s financial performance and its commitment to returning value to shareholders, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (HK:1209) stock is a Buy with a HK$38.00 price target. To see the full list of analyst forecasts on China Resources Mixc Lifestyle Services Ltd. stock, see the HK:1209 Stock Forecast page.

China Resources Mixc Lifestyle Services Ltd. Announces AGM Results and Dividend Declaration

China Resources Mixc Lifestyle Services Ltd. announced the successful passage of all resolutions at its Annual General Meeting held on June 5, 2025. Key resolutions included the approval of financial statements, the declaration of a final dividend of RMB0.643 per share, and the re-election of several directors. Additionally, the company authorized the board to fix directors’ remuneration and reappointed KPMG as auditors. These decisions reflect the company’s stable governance and commitment to shareholder value, potentially strengthening its market position and stakeholder confidence.

The most recent analyst rating on (HK:1209) stock is a Buy with a HK$42.00 price target. To see the full list of analyst forecasts on China Resources Mixc Lifestyle Services Ltd. stock, see the HK:1209 Stock Forecast page.