Shenghui Cleanness Group Holdings Limited (HK:2521)
:2521
Want to see HK:2521 full AI Analyst Report?
Top Page
Shenghui Cleanness Group Holdings Limited
(2521)
Select Model
Select Model
Rating:49Neutral
Price Target:
HK$0.92
▲(40.77% Upside)
Action:Downgraded
Date:05/14/26
The score is held back primarily by weak cash conversion (negative free cash flow across multiple years) and deteriorating profitability despite strong 2025 revenue growth. Technicals are also soft with price below key moving averages and slightly negative MACD. A high P/E with no dividend yield provided further limits the valuation cushion.
Positive Factors
Revenue re-acceleration
A 27% revenue rebound in 2025 signals durable demand and successful contract wins or renewals. Sustained top-line momentum supports scale benefits and utilization of on-site teams, providing management room to invest in service quality and higher-margin offerings over coming quarters.
Negative Factors
Persistent negative free cash flow
FCF negative across 2023–2025 despite operating cash improving in 2025 indicates weak cash conversion from earnings, likely due to working-capital or capex demands. Persistent negative FCF constrains self-funded growth, increases reliance on external financing, and raises execution risk over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue re-acceleration
A 27% revenue rebound in 2025 signals durable demand and successful contract wins or renewals. Sustained top-line momentum supports scale benefits and utilization of on-site teams, providing management room to invest in service quality and higher-margin offerings over coming quarters.
Read all positive factors
Shenghui Cleanness Group Holdings Limited (2521) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.79B
Dividend YieldN/A
Average Volume (3M)7.66M
Price to Earnings (P/E)62.4
Beta (1Y)0.72
Revenue Growth3.16%
EPS Growth-53.52%
CountryHK
Employees8,160
SectorConsumer Cyclical
Sector Strength84
IndustryPersonal Products & Services
Share Statistics
EPS (TTM)0.01
Shares Outstanding1,949,735,000
10 Day Avg. Volume4,162,500
30 Day Avg. Volume7,661,750
Financial Highlights & Ratios
PEG Ratio-0.74
Price to Book (P/B)2.28
Price to Sales (P/S)1.53
P/FCF Ratio-32.11
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Shenghui Cleanness Group Holdings Limited Business Overview & Revenue Model
Company Description
Shenghui Cleanness Group Holdings Limited functions as an investment holding enterprise, primarily delivering a range of cleaning and upkeep solutions throughout the People's Republic of China. Its extensive services encompass refuse management (i...
How the Company Makes Money
The company mainly makes money by providing outsourced cleaning and related facility services to customers under service contracts. Revenue is primarily generated from contract/service fees charged for delivering cleaning work at client sites, whi...
Shenghui Cleanness Group Holdings Limited Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
76
Positive
Cash Flow
34
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 676.93M | 673.56M | 630.17M | 594.20M | 563.54M |
| Gross Profit | 115.30M | 100.70M | 93.44M | 109.05M | 106.71M |
| EBITDA | 37.38M | 26.20M | 36.81M | 44.16M | 49.85M |
| Net Income | 25.84M | 49.23M | 27.89M | 34.39M | 39.92M |
Balance Sheet | |||||
| Total Assets | 671.84M | 570.32M | 440.35M | 354.98M | 340.15M |
| Cash, Cash Equivalents and Short-Term Investments | 68.14M | 94.76M | 148.57M | 60.67M | 70.43M |
| Total Debt | 81.73M | 59.75M | 6.93M | 7.20M | 17.45M |
| Total Liabilities | 212.36M | 185.42M | 141.53M | 156.22M | 165.66M |
| Stockholders Equity | 454.78M | 384.90M | 298.82M | 177.03M | 142.64M |
Cash Flow | |||||
| Free Cash Flow | -32.29M | -71.81M | -4.86M | 4.47M | 13.12M |
| Operating Cash Flow | 20.90M | -53.10M | 6.87M | 6.73M | 18.03M |
| Investing Cash Flow | -107.40M | -79.77M | -11.63M | 1.82M | -7.42M |
| Financing Cash Flow | 62.72M | 75.41M | 98.61M | -5.07M | -22.75M |
Shenghui Cleanness Group Holdings Limited Technical Analysis
Negative
0.65
Price Trends
1.07
Negative
1.05
Negative
0.76
Positive
Market Momentum
-0.05
Positive
32.36
Neutral
23.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2521, the sentiment is Negative. The current price of 0.65 is below the 20-day moving average (MA) of 1.02, below the 50-day MA of 1.07, and below the 200-day MA of 0.76, indicating a neutral trend. The MACD of -0.05 indicates Positive momentum. The RSI at 32.36 is Neutral, neither overbought nor oversold. The STOCH value of 23.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:2521.
Shenghui Cleanness Group Holdings Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | HK$789.44M | 8.18 | 23.07% | 5.98% | 3.38% | 15.10% | |
66 Neutral | HK$1.41B | 8.80 | 39.78% | 9.92% | -23.31% | -44.61% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
53 Neutral | HK$85.93M | 4.86 | 10.10% | ― | -3.40% | 515.63% | |
49 Neutral | HK$1.79B | 62.43 | 5.58% | ― | 3.16% | -53.52% | |
43 Neutral | HK$18.62M | -2.45 | -3.96% | ― | -14.18% | 23.83% | |
39 Underperform | HK$1.21B | -101.73 | -4.10% | ― | -21.89% | -193.36% |
* Consumer Cyclical Sector Average
HK:2521
Shenghui Cleanness Group Holdings Limited
0.92
0.62
206.67%
HK:1161
Water Oasis Group
1.16
0.21
22.11%
HK:0919
Modern Healthcare Technology Holdings Limited
0.10
0.02
21.79%
HK:1027
China Jicheng Holdings Limited
2.89
1.86
180.58%
HK:1830
Perfect Medical Health Management Limited
1.12
-0.51
-31.29%
HK:8296
Sino-Life Group Limited
0.20
-0.10
-34.33%
Shenghui Cleanness Group Holdings Limited Corporate Events
Shenghui Cleanness Clarifies Shareholder Registration Details for 2026 AGM
Jun 3, 2026
Shenghui Cleanness Group Holdings has issued a supplemental announcement to its 28 May 2026 notice and circular, detailing administrative arrangements for its upcoming annual general meeting. The company confirmed that the register of members will...
Shenghui Cleanness Group Sets 2026 AGM, Seeks Renewal of Share Issuance Mandate
May 28, 2026
Shenghui Cleanness Group Holdings Limited has called its annual general meeting for 26 June 2026 in Hong Kong, where shareholders will review and adopt the audited financial statements and directors’ and auditor’s reports for the year ...
Shenghui Cleanness to Buy 70% of Huali Digital Guangdong in Connected RMB15.75 Million Deal
May 18, 2026
Shenghui Cleanness Group Holdings Limited has agreed, via a wholly owned subsidiary, to acquire a 70% equity stake in Huali Digital Guangdong from connected party Huali Digital Zhengzhou for RMB15.75 million, payable in staged cash installments. T...
Shenghui Cleanness Weighs Connected Deal for Smart City Tech Unit
Apr 27, 2026
Shenghui Cleanness Group Holdings Limited is exploring a strategic move that could extend its reach into smart city and digital transformation services. The target business, Huali Digital Technology (Guangdong) Co., Ltd., focuses on applying IoT, ...
Shenghui Cleanness Weighs Strategic Move Into Water Environment Services With Proposed Acquisition
Apr 16, 2026
Shenghui Cleanness Group Holdings has signed a non-legally binding memorandum of understanding to potentially acquire shares in China Water Environment Group, a Cayman-incorporated specialist in wastewater treatment, water environment management a...
Shenghui Cleanness Posts Higher Revenue but Sharply Lower 2025 Profit
Mar 30, 2026
Shenghui Cleanness Group Holdings Limited, a Hong Kong-listed provider of professional cleaning and hygiene services, reported modest top-line growth for the year ended 31 December 2025, underscoring the resilience of its core service contracts de...
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.