Kaisa Prosperity Holdings Ltd. (2168) AI Stock Analysis

• Market Cap: HK$243.49M
• Dividend Yield: N/A
• Average Volume (3M): 46.73K
• Price to Earnings (P/E): 15.2
• Beta (1Y): 1.28
• Revenue Growth: -5.11%
• EPS Growth: N/A
• Country: HK
• Employees: 12,013
• Sector: Real Estate
• Sector Strength: 70
• Industry: Real Estate - Services
• EPS (TTM): -0.21
• Shares Outstanding: 154,110,000
• 10 Day Avg. Volume: 37,200
• 30 Day Avg. Volume: 46,733
• PEG Ratio: 0.12
• Price to Book (P/B): 3.95
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.78
• 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: 51 Neutral
• Price Target: ―

Kaisa Prosperity Holdings Ltd. shows a mixed financial performance with some recovery in profitability but concerns over cash flow and asset growth. Technical indicators point to caution with downward pressure on the stock. Valuation is moderate, but the lack of dividends may detract from its appeal. The overall score reflects these mixed signals, highlighting the need for improved cash flow and asset management.

Kaisa Prosperity Holdings Ltd. Business Overview & Revenue Model

Company Description

Kaisa Prosperity Holdings Limited, an investment holding company, provides property management services in China. Its property management services include management of properties, maintenance and repair of buildings and ancillary facilities, community security management, car-park management, equipment installation, and property consulting services. The company also provides pre-delivery services, such as construction sites management, which includes security, cleaning, and maintenance services; and display units and property sales venues management. In addition, it offers community value-added services consisting of spatial resources leasing, housing rental and sales, decoration and renovation, and other related services through offline and online channels; and smart solution services for various business fields, such as smart medical care, smart education, smart transportation, smart industry, and integrated resource. Further, the company provides equipment installation services. It offers its services to residential and non-residential properties, including commercial properties, office buildings, arenas and stadiums, government buildings, public facilities, and industrial parks. The company was formerly known as Kaisa Property Holdings Limited and changed its name to Kaisa Prosperity Holdings Limited in July 2019. The company was founded in 1999 and is headquartered in Shenzhen, the People's Republic of China. Kaisa Prosperity Holdings Limited is a subsidiary of Ye Chang Investment Company Limited.

How the Company Makes Money

Kaisa Prosperity Holdings Ltd. generates revenue mainly through its property management services. The company earns income by charging management fees to property owners and developers for managing residential and commercial properties. Additionally, Kaisa Prosperity offers community value-added services, such as home decoration, community living services, and other bespoke services, which contribute to its revenue streams. These services are often provided through strategic partnerships with local service providers, enhancing the company's service offerings and customer satisfaction. The company's ability to maintain long-term contracts with property developers and expand its service portfolio plays a significant role in sustaining and growing its earnings.

Kaisa Prosperity Holdings Ltd. Financial Statement Overview

Summary

The company's financial performance shows some recovery in profitability metrics, with improved net profit, EBIT, and EBITDA margins in 2024. However, declining revenue, gross profit margin, and volatile cash flows, along with a lack of asset growth, pose risks. The balance sheet remains strong with low leverage.

Income Statement

The company's revenue has been declining over recent years, with a notable drop from 2021 to 2022. The gross profit margin has also decreased, indicating reduced profitability. However, the net profit margin improved significantly in 2024 compared to 2023, suggesting a recovery in profitability. EBIT and EBITDA margins were negative in 2023 but have turned positive in 2024, reflecting better operational efficiency.

Balance Sheet

The balance sheet shows a stable equity position with a debt-to-equity ratio remaining low, indicating low leverage and financial risk. The equity ratio is strong, underscoring a solid capital structure. However, the declining total assets over the years may indicate asset shrinkage or asset divestiture.

Cash Flow

The company experienced volatile cash flows with operating cash flow turning zero in 2024 after being positive in 2023. There is a lack of free cash flow growth, which is concerning. The absence of significant capital expenditures suggests limited reinvestment in the business.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
1.74B	1.79B	1.78B	2.67B	1.73B
	Gross Profit
444.49M	481.35M	471.11M	788.90M	527.64M
	EBIT
138.71M	-420.03M	133.44M	398.41M	340.02M
	EBITDA
166.68M	-551.35M	145.80M	410.72M	348.39M
	Net Income Common Stockholders
14.58M	-449.98M	93.39M	56.81M	221.95M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
243.30M	286.77M	247.32M	358.00M	1.24B
	Total Assets
1.83B	1.83B	2.25B	2.22B	1.98B
	Total Debt
4.23M	12.06M	15.41M	18.52M	6.04M
	Net Debt
-239.07M	-274.71M	-231.91M	-339.48M	-1.01B
	Total Liabilities
876.86M	889.22M	851.90M	933.35M	692.06M
	Stockholders Equity
874.04M	868.92M	1.33B	1.23B	1.25B
Cash Flow		Free Cash Flow
0.00	62.85M	-77.90M	-290.73M	174.17M
	Operating Cash Flow
0.00	66.03M	-71.02M	-282.82M	181.82M
	Investing Cash Flow
0.00	-11.22M	-32.71M	-289.25M	-240.19M
	Financing Cash Flow
0.00	-15.36M	-6.95M	-88.74M	332.49M

Kaisa Prosperity Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.58
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2168, the sentiment is Negative. The current price of 1.58 is above the 20-day moving average (MA) of 1.52, above the 50-day MA of 1.57, and below the 200-day MA of 1.76, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 49.71 is Neutral, neither overbought nor oversold. The STOCH value of 58.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2168.

Kaisa Prosperity Holdings Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$2.83B	10.89	0.41%	9.34%	5.96%	-21.31%
2168	51 Neutral	HK$243.49M	15.15	1.67%	―	-5.11%	―
CTRGF		$2.85B	11.33	4.96%	0.30%	―	―
TGRNF		$810.91M	11.23	7.39%	3.91%	―	―
1V0		€470.42M	―	-29.17%	2.40%	―	―
2869	71 Outperform	HK$13.77B	18.58	8.94%	3.42%	1.01%	12.45%
1995	68 Neutral	HK$3.53B	6.82	9.70%	6.49%	2.68%	8.49%

Kaisa Prosperity Holdings Ltd. Corporate Events

Kaisa Prosperity Holdings Ltd. Reports Turnaround in 2024 Financial Results

Kaisa Prosperity Holdings Ltd. reported a decrease in total revenue by 3.3% to RMB1,735.4 million for the year ended December 31, 2024, compared to the previous year. Despite this, the company turned around its financial performance, achieving a profit of RMB25.6 million compared to a loss of RMB437.6 million in 2023, indicating a positive shift in its financial health.

Kaisa Prosperity Holdings Ltd. Announces Positive Profit Turnaround

Kaisa Prosperity Holdings Ltd. announced a significant turnaround in its financial performance, expecting a profit of not less than RMB10 million for the year ended December 31, 2024, compared to a loss of approximately RMB450 million in the previous year. This positive profit alert indicates a substantial improvement in the company’s operations and could enhance its market positioning, although the figures are based on preliminary unaudited assessments and may be subject to adjustments.

Kaisa Prosperity Holdings Announces Positive Profit Alert for 2024

Kaisa Prosperity Holdings Limited has announced a positive profit alert, indicating an expected unaudited net profit of not less than RMB15 million for the year ended December 31, 2024, compared to a net loss of approximately RMB437.6 million in the previous year. This improvement is largely due to a significant reduction in the provision for loss allowance on trade receivables from related parties, highlighting a turnaround in the company’s financial performance.

Kaisa Prosperity Holdings to Review Annual Results and Dividend Proposal

Kaisa Prosperity Holdings Ltd. has announced a board meeting scheduled for March 25, 2025, to review and approve the annual results for the year ending December 31, 2024. The meeting will also consider the recommendation for a final dividend payment, which could impact the company’s financial strategy and shareholder returns.