Kaisa Prosperity Holdings Ltd. (2168) AI Stock Analysis

• Market Cap: HK$221.92M
• Dividend Yield: N/A
• Average Volume (3M): 78.83K
• Price to Earnings (P/E): 11.6
• Beta (1Y): 1.25
• Revenue Growth: -8.64%
• EPS Growth: N/A
• Country: HK
• Employees: 12,013
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.33
• Shares Outstanding: 154,110,000
• 10 Day Avg. Volume: 17,950
• 30 Day Avg. Volume: 78,833
• PEG Ratio: -0.15
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.13
• P/FCF Ratio: -9.95
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 51 Neutral
• Price Target: HK$1.50 ▲(4.17% Upside)

The overall stock score reflects a combination of financial performance challenges, including declining revenue and cash flow volatility, and bearish technical indicators. The reasonable valuation provides some support, but the lack of earnings call insights and corporate events leaves uncertainties unaddressed.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage enhances financial stability and reduces risk, providing a solid foundation for future growth.

Improved Profitability

Improved profitability indicates better cost management and operational efficiency, which can lead to sustainable earnings growth.

Operational Efficiency

Positive EBIT and EBITDA margins reflect enhanced operational efficiency, suggesting the company is effectively managing its resources.

Negative Factors

Declining Revenue

Declining revenue trends may indicate challenges in market demand or competitiveness, potentially impacting long-term growth prospects.

Volatile Cash Flows

Volatile cash flows can hinder the company's ability to reinvest in growth opportunities and manage financial obligations effectively.

Lack of Asset Growth

A lack of asset growth can limit the company's ability to expand operations and capitalize on new market opportunities, affecting future performance.

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 generates revenue primarily through the sale and leasing of residential and commercial properties. The company realizes income from property development by selling units in completed projects to end-users and investors. Additionally, it earns rental income from its investment properties. Key revenue streams include the sale of completed residential units, ongoing rental income from commercial properties, and management fees from property management services. The company may also benefit from strategic partnerships with local governments and other real estate firms, which can help facilitate land acquisitions and development projects, further enhancing its revenue potential.

Kaisa Prosperity Holdings Ltd. Financial Statement Overview

Summary

Kaisa Prosperity Holdings Ltd. has shown some improvements in profitability metrics in the latest year, but the revenue and cash flow trends are concerning. The balance sheet remains strong with low leverage, yet the lack of asset growth and cash flow generation pose risks to future stability.

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	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.66B	1.74B	1.79B	1.78B	2.67B	1.73B
Gross Profit	392.95M	444.49M	481.35M	471.11M	788.90M	527.64M
EBITDA	145.35M	166.68M	-551.35M	145.80M	410.72M	348.39M
Net Income	18.05M	14.58M	-449.98M	93.39M	56.81M	221.95M
Balance Sheet
Total Assets	1.88B	1.83B	1.83B	2.25B	2.22B	1.98B
Cash, Cash Equivalents and Short-Term Investments	188.20M	243.30M	286.77M	247.32M	358.00M	1.24B
Total Debt	3.43M	4.23M	12.06M	15.41M	25.46M	7.71M
Total Liabilities	876.58M	876.86M	889.22M	851.90M	933.35M	692.06M
Stockholders Equity	919.80M	874.04M	868.92M	1.33B	1.23B	1.25B
Cash Flow
Free Cash Flow	16.88M	-21.98M	62.85M	-77.90M	-290.73M	174.17M
Operating Cash Flow	19.35M	-15.63M	66.03M	-71.02M	-282.82M	181.82M
Investing Cash Flow	-4.18M	-12.70M	-11.22M	-32.71M	-289.25M	-240.19M
Financing Cash Flow	-10.63M	-15.25M	-15.36M	-6.95M	-88.74M	332.49M

Kaisa Prosperity Holdings Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.44
• 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 1.44 is below the 20-day moving average (MA) of 1.46, below the 50-day MA of 1.61, and below the 200-day MA of 1.65, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 37.91 is Neutral, neither overbought nor oversold. The STOCH value of 70.37 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
1895	73 Outperform	HK$284.66M	2.71	15.85%	11.46%	11.13%	142.00%
2376	72 Outperform	HK$408.02M	9.57	7.09%	3.92%	-3.62%	26.66%
1538	69 Neutral	HK$346.09M	3.52	8.72%	6.33%	2.42%	10.16%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
2168	51 Neutral	HK$221.92M	11.63	1.92%	―	-8.64%	―
1153	43 Neutral	HK$207.98M	2.49	―	―	-2.44%	―

Kaisa Prosperity Holdings Ltd. Corporate Events

Kaisa Prosperity Appoints New Vice Chairman to Strengthen Leadership

Kaisa Prosperity Holdings Ltd. has announced the appointment of Mr. Liu Lihao as the Vice Chairman of the Board, effective from October 9, 2025. Mr. Liu, who has been with the Kaisa Group since 2012, brings extensive experience in real estate management and has held various leadership roles within the group. His appointment is expected to strengthen the company’s leadership team and potentially enhance its market positioning.

Kaisa Prosperity Holdings Announces Board Composition and Roles

Kaisa Prosperity Holdings Ltd. has announced the composition of its board of directors and their roles within the company. The board comprises both executive and independent non-executive directors, with specific individuals assigned to the audit, nomination, and remuneration committees, reflecting the company’s structured approach to governance and oversight.