Dexin Services Group Ltd. (2215) AI Stock Analysis

• Market Cap: HK$816.91M
• Dividend Yield: N/A
• Average Volume (3M): 10.23K
• Price to Earnings (P/E): 19.9
• Beta (1Y): 0.21
• Revenue Growth: -4.12%
• EPS Growth: -38.34%
• Country: HK
• Employees: 2,465
• Sector: Real Estate
• Sector Strength: 51
• Industry: Real Estate - Services
• EPS (TTM): >-0.01
• Shares Outstanding: 917,881,000
• 10 Day Avg. Volume: 700
• 30 Day Avg. Volume: 10,233
• PEG Ratio: -0.88
• Price to Book (P/B): 1.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 26.61
• 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: 67 Neutral
• Price Target: HK$1.00 ▲(12.36%Upside)

Dexin Services Group Ltd. shows a strong balance sheet and cash flow management, which are significant strengths. However, challenges in profitability and valuation concerns weigh on the stock's attractiveness. Technical indicators suggest a stable outlook, but valuation appears high and could deter new investments.

Dexin Services Group Ltd. Business Overview & Revenue Model

Company Description

Dexin Services Group Ltd. (2215) is a company primarily operating in the property management sector. The company provides a range of services including property management, community services, and value-added services to residential and commercial properties. Dexin Services Group Ltd. aims to enhance the living and working environments of its clients through its comprehensive service offerings.

How the Company Makes Money

Dexin Services Group Ltd. generates revenue through its diverse service offerings in the property management sector. The company's primary revenue streams include property management fees, which are charged for managing residential and commercial properties, and community service fees, which are derived from providing various community-related services. Additionally, Dexin Services Group Ltd. earns income from value-added services, which include consultancy and advisory services, as well as specialized solutions tailored to meet the unique needs of property owners and occupants. Strategic partnerships with property developers and real estate firms contribute to the company's earnings by expanding its client base and enhancing its service offerings.

Dexin Services Group Ltd. Financial Statement Overview

Summary

Dexin Services Group Ltd. has shown resilience with a positive cash flow and a strong equity base despite declining profitability margins. The balance sheet remains robust with improved equity ratios and managed leverage. However, challenges in maintaining revenue growth and profitability are notable concerns.

Income Statement

The company's revenue has shown fluctuations over the years with a slight decline in the most recent year. Gross profit margin has decreased from 28.6% in 2020 to 20.1% in 2024, indicating pressure on cost management or pricing power. The net profit margin also decreased from 14.0% in 2020 to 4.1% in 2024, reflecting challenges in maintaining profitability. Despite these pressures, the company has maintained a positive EBIT and EBITDA margin, though both have decreased over time.

Balance Sheet

The company has a strong equity base, with an equity ratio improving from 17.1% in 2019 to 50.8% in 2024, indicating increased financial stability. However, the debt-to-equity ratio has worsened slightly from 0.22 in 2019 to 0.03 in 2024, suggesting better leverage management. The return on equity has declined significantly, from 32.8% in 2020 to 5.6% in 2024, indicating reduced profitability for shareholders.

Cash Flow

The company has demonstrated a strong operating cash flow in the past, with fluctuations in recent years. The operating cash flow to net income ratio has decreased, suggesting that cash generation efficiency has declined. However, the free cash flow has remained positive, indicating that the company still generates sufficient cash post capital expenditures. Despite a decrease in free cash flow growth in recent years, the company is still generating positive cash flows.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	933.42M	955.58M	958.60M	870.42M	692.32M
Gross Profit	187.60M	226.04M	271.37M	299.08M	235.76M
EBITDA	64.95M	96.12M	173.07M	157.27M	146.58M
Net Income	38.47M	61.77M	122.02M	98.22M	97.19M
Balance Sheet
Total Assets	1.34B	1.42B	1.31B	1.24B	444.94M
Cash, Cash Equivalents and Short-Term Investments	1.26M	501.21M	2.11M	499.98M	232.75M
Total Debt	17.18M	28.11M	57.22M	3.99M	5.55M
Total Liabilities	650.87M	665.62M	533.69M	378.33M	356.51M
Stockholders Equity	680.93M	742.77M	764.54M	835.66M	75.87M
Cash Flow
Free Cash Flow	10.00M	133.27M	-231.53M	-5.89M	250.28M
Operating Cash Flow	12.95M	141.53M	-223.57M	3.13M	258.35M
Investing Cash Flow	81.14M	-6.25M	85.79M	-140.33M	65.27M
Financing Cash Flow	-121.64M	-115.41M	-152.35M	407.97M	-199.16M

Dexin Services Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.89
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2215, the sentiment is Positive. The current price of 0.89 is above the 20-day moving average (MA) of 0.79, above the 50-day MA of 0.80, and below the 200-day MA of 1.08, indicating a neutral trend. The MACD of 0.03 indicates Negative momentum. The RSI at 59.26 is Neutral, neither overbought nor oversold. The STOCH value of 82.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2215.

Dexin Services Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1502	75 Outperform	HK$918.81M	7.30	9.14%	6.99%	13.57%	-11.39%
3662	75 Outperform	HK$413.96M	3.97	8.37%	9.35%	-14.98%	-39.71%
2270	71 Outperform	HK$973.81M	22.24	12.90%	―	31.21%	1.00%
2215	67 Neutral	HK$816.91M	19.91	5.41%	―	-4.12%	-38.34%
6677	66 Neutral	HK$710.40M	22.64	1.38%	4.93%	-11.10%	-40.00%
Sector *	63 Neutral	$6.78B	14.59	-1.87%	7.22%	3.95%	-36.33%
6093	60 Neutral	HK$565.60M	9.59	7.83%	―	1.96%	-32.15%

Dexin Services Group Ltd. Corporate Events

Dexin Services Group Expands with Strategic Equity Acquisition

Dexin Services Group Ltd. has announced a significant transaction involving the acquisition of equity interests in a target company through its subsidiaries, Shengquan Property and Shanghai Xuquan. This acquisition, valued at RMB78 million, will result in the target company becoming an indirect wholly-owned subsidiary of Dexin Services, thereby consolidating its financial results into Dexin’s statements. The acquisition aligns with Dexin’s strategic goals of expanding its business scale, diversifying into more profitable areas, and enhancing brand recognition. The transaction will be funded through a combination of unutilized net proceeds from a previous global offering and internal resources.

Dexin Services Group Announces Changes in Nomination Committee

Dexin Services Group Limited has announced changes in the composition of its Nomination Committee in response to the amended Corporate Governance Code and listing rules effective from July 2025. Ms. Zheng Peng has been appointed as a member, while Mr. Hu Yiping has stepped down as chairman and member, with Dr. Wong Wing Kuen Albert taking over as chairman. These changes aim to align with updated governance standards, potentially impacting the company’s governance structure and stakeholder confidence.

Dexin Services Group Announces Board Composition and Roles

Dexin Services Group Limited has announced the composition of its board of directors and their respective roles within the company. The board includes both executive and independent non-executive directors, with specific members assigned to key committees such as the Audit, Remuneration, and Nomination Committees. This announcement highlights the company’s governance structure, which is crucial for maintaining transparency and accountability, potentially impacting stakeholder confidence and the company’s strategic direction.

Dexin Services Group Establishes Nomination Committee Guidelines

Dexin Services Group Limited has outlined the terms of reference for its Nomination Committee, which is established by the company’s board of directors. The committee is primarily composed of independent non-executive directors and is responsible for overseeing the nomination process within the company. The announcement highlights the committee’s structure, meeting protocols, and decision-making processes, emphasizing the inclusion of diverse gender representation and the flexibility of meeting attendance through electronic means. This move is likely aimed at enhancing governance and ensuring a robust nomination process, which could positively impact the company’s strategic direction and stakeholder confidence.

Dexin Services Group Establishes Remuneration Committee for Enhanced Governance

Dexin Services Group Limited has outlined the terms of reference for its Remuneration Committee, which is to be comprised mainly of independent non-executive directors. The committee will be chaired by an independent non-executive director and is responsible for meeting at least once a year, with resolutions requiring a majority vote to pass. The establishment of this committee aims to enhance governance and ensure fair remuneration practices within the company.

Dexin Services Group Ltd. AGM Resolutions Unanimously Passed

Dexin Services Group Ltd. announced that all ordinary resolutions proposed at their Annual General Meeting held on May 29, 2025, were unanimously passed by shareholders. Key resolutions included the adoption of audited financial statements, re-election of executive directors, authorization of board remuneration, re-appointment of auditors, and granting of mandates for share issuance and buybacks. This unanimous approval reflects strong shareholder support and may positively impact the company’s governance and operational strategies.