tiprankstipranks
Lushang Life Services Co., Ltd. Class H (HK:2376)
:2376
Hong Kong Market

Lushang Life Services Co., Ltd. Class H (2376) AI Stock Analysis

1 Followers

Top Page

HK:2376

Lushang Life Services Co., Ltd. Class H

(2376)

Select Model
Select Model
Select Model
Neutral 56 (OpenAI - 5.2)
Rating:56Neutral
Price Target:
HK$3.50
▲(23.67% Upside)
Action:DowngradedDate:12/30/25
The score is primarily held back by weak cash-flow quality (negative operating cash flow over multiple years) and bearish technicals (below key moving averages with negative MACD). Offsetting factors include a very conservative balance sheet (low leverage) and supportive valuation (low P/E with a ~3.9% dividend yield).
Positive Factors
Very low leverage / strong balance sheet
Extremely low leverage and rising equity provide durable financial flexibility, reducing insolvency risk and supporting capital allocation. This allows the company to withstand cyclical real-estate service volatility, fund working capital or M&A, and maintain creditor confidence over months to years.
Negative Factors
Negative operating cash flow
Persistent negative operating cash flow shows earnings are not converting to cash, signaling working-capital strain or recognition/timing gaps. Over months this limits the firm's ability to fund operations, capex, or dividends without external financing, raising liquidity and execution risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Very low leverage / strong balance sheet
Extremely low leverage and rising equity provide durable financial flexibility, reducing insolvency risk and supporting capital allocation. This allows the company to withstand cyclical real-estate service volatility, fund working capital or M&A, and maintain creditor confidence over months to years.
Read all positive factors

Lushang Life Services Co., Ltd. Class H (2376) vs. iShares MSCI Hong Kong ETF (EWH)

Lushang Life Services Co., Ltd. Class H Business Overview & Revenue Model

Company Description
Lushang Life Services Co., Ltd. provides property management services in China. The company provides property management services comprising cleaning, security, greening, repair and maintenance, public area maintenance, and other property manageme...
How the Company Makes Money
Lushang Life Services Co., Ltd. generates revenue primarily through its diverse portfolio of services. The key revenue streams include property management fees collected from residential and commercial properties, which are based on the service ag...

Lushang Life Services Co., Ltd. Class H Financial Statement Overview

Summary
Strong balance sheet with very low leverage and growing equity supports stability, but operating performance has weakened (lower margins versus 2021–2022) and cash generation is a major concern with negative operating cash flow in 2022–2024 and generally negative free cash flow. The flagged extreme 2024 revenue decline signal adds uncertainty.
Income Statement
54
Neutral
Balance Sheet
84
Very Positive
Cash Flow
30
Negative
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue594.22M608.92M621.02M627.73M582.80M402.84M
Gross Profit117.54M115.94M116.93M144.70M147.85M79.62M
EBITDA47.99M52.51M58.60M94.92M105.48M61.81M
Net Income39.46M45.09M39.43M76.88M75.81M45.30M
Balance Sheet
Total Assets906.91M929.09M900.80M856.63M634.40M862.35M
Cash, Cash Equivalents and Short-Term Investments397.76M426.56M411.62M428.81M277.62M164.43M
Total Debt10.65M10.63M2.22M4.96M3.77M110.25M
Total Liabilities336.49M360.26M377.10M353.39M333.95M604.46M
Stockholders Equity566.48M564.85M519.76M500.11M298.88M257.83M
Cash Flow
Free Cash Flow40.63M-13.87M-11.53M-10.07M-10.44M15.40M
Operating Cash Flow47.40M-5.50M-5.93M-4.19M29.00M18.89M
Investing Cash Flow-6.77M16.59M-5.57M1.91M255.83M-123.41M
Financing Cash Flow-207.00K2.25M-6.25M148.42M-173.77M204.38M

Lushang Life Services Co., Ltd. Class H Technical Analysis

Technical Analysis Sentiment
Negative
Last Price2.83
Price Trends
50DMA
2.74
Negative
100DMA
2.87
Negative
200DMA
2.91
Negative
Market Momentum
MACD
-0.26
Negative
RSI
23.92
Positive
STOCH
33.83
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2376, the sentiment is Negative. The current price of 2.83 is above the 20-day moving average (MA) of 2.21, above the 50-day MA of 2.74, and below the 200-day MA of 2.91, indicating a bearish trend. The MACD of -0.26 indicates Negative momentum. The RSI at 23.92 is Positive, neither overbought nor oversold. The STOCH value of 33.83 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2376.

Lushang Life Services Co., Ltd. Class H Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
HK$598.18M1.318.62%6.25%2.42%10.16%
73
Outperform
HK$260.94M1.0615.77%11.22%11.13%142.00%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
56
Neutral
HK$254.68M3.996.98%3.90%-3.62%26.66%
50
Neutral
HK$207.98M0.52-140.74%-2.44%
50
Neutral
HK$169.52M13.461.53%-8.64%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:2376
Lushang Life Services Co., Ltd. Class H
1.91
0.49
34.51%
HK:1153
Jiayuan Services Holdings Limited
0.34
0.05
17.24%
HK:1538
Zhong Ao Home Group Limited
0.70
0.44
169.23%
HK:1895
Xinyuan Property Management Service (Cayman) Ltd.
0.44
-0.09
-16.98%
HK:2168
Kaisa Prosperity Holdings Ltd.
1.10
-0.75
-40.54%

Lushang Life Services Co., Ltd. Class H Corporate Events

Lushang Life Services Relocates Hong Kong Office and Appoints New Process Agent
Jan 30, 2026
Lushang Life Services Co., Ltd. has changed its principal place of business in Hong Kong to 17/F, Leighton Centre, 77 Leighton Road, Causeway Bay, effective 30 January 2026, signaling a relocation of its operational and corporate contact hub in th...
Lushang Life Services Reaffirms Use of IPO Proceeds and Sets 2025 Deployment Target
Dec 19, 2025
Lushang Life Services has reaffirmed its original allocation plan for the net proceeds from its 2022 global offering, confirming that funds remain earmarked primarily for strategic cooperation, acquisitions and investments to expand its property m...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 30, 2025