Dexin Services Group Ltd. (2215) AI Stock Analysis

• Market Cap: HK$734.30M
• Dividend Yield: N/A
• Average Volume (3M): 4.80K
• Price to Earnings (P/E): 17.7
• Beta (1Y): 0.12
• Revenue Growth: -4.12%
• EPS Growth: -38.34%
• Country: HK
• Employees: 2,465
• Sector: Real Estate
• Sector Strength: 65
• Industry: Real Estate - Services
• EPS (TTM): 0.04
• Shares Outstanding: 917,881,000
• 10 Day Avg. Volume: 1,500
• 30 Day Avg. Volume: 4,800
• PEG Ratio: 0.00
• Price to Book (P/B): 3.34
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.04
• 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: 64 Neutral
• Price Target: HK$1.00 ▲(26.58%Upside)

Dexin Services Group Ltd. shows a solid financial foundation with a strong equity base and positive cash flow, despite declining profitability margins. Technical indicators signal a neutral to bearish trend, and the stock's valuation is fair but lacks a dividend yield. These factors combined indicate a moderate investment outlook, with the company's financial stability being a significant strength amid technical and valuation challenges.

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 demonstrated resilience in maintaining positive cash flows and a strong equity base amidst declining profitability margins. While revenue and profitability have faced challenges, the company's balance sheet remains robust, with improved equity ratios and managed leverage. The cash flow position is sound, but the company faces challenges in maintaining revenue growth and profitability, which could impact future financial performance.

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
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
970.79M	933.42M	955.58M	958.60M	870.42M	692.32M
	Gross Profit
198.40M	187.60M	226.04M	271.37M	299.08M	235.76M
	EBIT
51.63M	45.58M	65.41M	153.87M	142.24M	135.79M
	EBITDA
67.82M	64.95M	96.12M	173.07M	157.27M	146.58M
	Net Income Common Stockholders
40.92M	38.47M	61.77M	122.02M	98.22M	97.19M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
471.57M	1.26M	501.21M	2.11M	499.98M	232.75M
	Total Assets
1.51B	1.34B	1.42B	1.31B	1.24B	444.94M
	Total Debt
29.11M	17.18M	28.11M	57.22M	3.99M	5.55M
	Net Debt
-172.99M	15.92M	-201.62M	55.10M	-495.99M	-223.66M
	Total Liabilities
746.53M	650.87M	665.62M	533.69M	378.33M	356.51M
	Stockholders Equity
749.66M	680.93M	742.77M	764.54M	835.66M	75.87M
Cash Flow		Free Cash Flow
64.45M	10.00M	133.27M	-231.53M	-5.89M	250.28M
	Operating Cash Flow
70.40M	12.95M	141.53M	-223.57M	3.13M	258.35M
	Investing Cash Flow
5.80M	81.14M	-6.25M	85.79M	-140.33M	65.27M
	Financing Cash Flow
-70.92M	-121.64M	-115.41M	-152.35M	407.97M	-199.16M

Dexin Services Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.79
• 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:2215, the sentiment is Negative. The current price of 0.79 is below the 20-day moving average (MA) of 0.80, below the 50-day MA of 0.84, and below the 200-day MA of 1.21, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 42.01 is Neutral, neither overbought nor oversold. The STOCH value of 38.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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
6099	71 Outperform	€153.54B	10.84	8.73%	2.92%	-2.52%	17.25%
6098	68 Neutral	HK$22.37B	11.39	4.96%	0.36%	1.31%	379.84%
2215	64 Neutral	HK$734.30M	17.67	5.41%	―	-4.12%	-38.34%
Sector *	61 Neutral	$2.83B	10.87	0.41%	8.09%	5.96%	-21.24%
9928	61 Neutral	HK$476.43M	93.27	0.35%	8.05%	-5.18%	―
3319	46 Neutral	€4.25B	―	-29.17%	2.18%	-11.94%	-756.32%

Dexin Services Group Ltd. Corporate Events

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.

Dexin Services Group Ltd. Announces 2025 Annual General Meeting

Dexin Services Group Ltd. has announced its upcoming annual general meeting scheduled for May 29, 2025, in Zhejiang Province, China. Key agenda items include the adoption of the audited financial statements for 2024, re-election of directors, re-appointment of the auditor, and authorization for the board to manage share allotments. These resolutions aim to ensure continued governance and operational efficiency, impacting the company’s strategic positioning and shareholder interests.

Dexin Services Group Enforces Charged Assets and Enters Supplemental Loan Agreement

Dexin Services Group Limited has announced updates regarding its loan transactions, specifically focusing on the enforcement of charged assets and a supplemental agreement to the loan agreement. The company has enforced its rights to realize 1,400 car parking spaces as charged assets due to the borrower’s failure to meet repayment obligations. Additionally, a supplemental agreement was reached, allowing Dexin to acquire rights-of-use of additional assets to offset the remaining outstanding loan, which constitutes a discloseable transaction under the listing rules.

Dexin Services Group Reports Decline in 2024 Financial Results

Dexin Services Group Limited, incorporated in the Cayman Islands, reported its annual financial results for the year ending December 31, 2024. The company experienced a decline in revenue, gross profit, and net profit compared to the previous year, with revenue decreasing by 2.3% to RMB933.4 million and net profit dropping by 39.7% to RMB37.7 million. The gross profit margin also fell by 3.6% to 20.1%. The group managed a slightly reduced gross floor area (GFA) of 39.1 million square meters, a decrease of 0.4% from the previous year, and the contracted GFA also saw a year-on-year decrease of 5.6%. The board decided not to recommend a final dividend for the year.

Dexin Services Group Issues Profit Warning for 2024

Dexin Services Group Limited has issued a profit warning for the fiscal year ending December 31, 2024. The company anticipates a significant decline in profit and total comprehensive income, expecting to report not less than RMB37 million compared to RMB62.5 million in the previous year. This decrease is primarily due to impairment provisions for trade and other receivables, as well as a reduction in gross profit margins in certain business operations. The final audited results are expected to be published on March 25, 2025, and stakeholders are advised to exercise caution.