Onewo, Inc. Class H (2602) AI Stock Analysis

• Market Cap: HK$27.51B
• Dividend Yield: 4.85%
• Average Volume (3M): 1.59M
• Price to Earnings (P/E): 22.2
• Beta (1Y): 1.13
• Revenue Growth: 7.13%
• EPS Growth: -42.14%
• Country: HK
• Employees: 102,441
• Sector: Real Estate
• Sector Strength: 66
• Industry: Real Estate - Services
• EPS (TTM): 0.35
• Shares Outstanding: 1,168,053,100
• 10 Day Avg. Volume: 1,662,400
• 30 Day Avg. Volume: 1,585,852
• PEG Ratio: -1.06
• Price to Book (P/B): 1.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.69
• 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: HK$22.50
• Price Target Upside: -3.43% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: HK$25.00 ▲(7.30%Upside)

The stock score is primarily driven by solid financial performance and a reasonable valuation. However, the technical analysis indicates potential risks due to overbought conditions, which should be monitored closely. Improvement in cash flow stability and profitability would further strengthen the overall financial position.

Onewo, Inc. Class H Business Overview & Revenue Model

Company Description

Onewo Inc., together with its subsidiaries, provides property management services in China. It operates through three segments: Community Space Living Consumption Services; Commercial and Urban Space Integrated Services; and AIoT and BPaaS Solution Services. The company provides property services, such as residential, commercial, and urban space. It offers residential property services, that includes cleaning, security, gardening, and repair and maintenance services to property owners, property owners' associations, and residents for residential properties; and home-related asset services, such as home sale and rental brokerage services, and home redecoration and furnishing services. The company also provides commercial and urban space integrated services, that includes property and facility management services, value-added services for developers, and urban space integrated services, as well as smart property solutions, such as equipment, design, integration and construction, and remote operation services. Onewo Inc. was founded in 1990 and is based in Shenzhen, China. Onewo Inc operates as a subsidiary of China Vanke Co., Ltd.

How the Company Makes Money

Onewo makes money through a diversified revenue model centered around its core property management and real estate services. The company generates revenue by charging management fees for its services, which include facilities management, property maintenance, and tenant services for residential, commercial, and industrial properties. Additionally, Onewo leverages its expertise to offer value-added services such as consulting and advisory services, which contribute to its earnings. Partnerships with real estate developers and property owners also play a significant role in its revenue stream, allowing the company to secure long-term contracts and expand its client base.

Onewo, Inc. Class H Financial Statement Overview

Summary

Onewo, Inc. demonstrates strong revenue growth and a solid balance sheet, but there are concerns regarding cash flow consistency and declining profit margins. The company's financial health is sound, but addressing cash flow volatility and improving profitability would enhance its financial position.

Income Statement

The company shows a strong revenue growth trend with a consistent increase over the years. The gross profit margin remains stable, although the net profit margin has shown some fluctuations. The EBIT and EBITDA margins indicate a reasonable level of operational efficiency, but recent declines in EBIT and net income margins suggest room for improvement.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio, reflecting prudent financial management. The equity ratio is robust, indicating a strong capital base. Return on equity has been positive, reflecting effective use of shareholders' equity, although there is room for improvement in profitability.

Cash Flow

The cash flow statement shows inconsistencies, particularly in free cash flow and operating cash flow metrics. The lack of data for TTM makes it difficult to assess recent performance. The company's ability to generate sufficient cash relative to net income has been variable, suggesting potential liquidity concerns in the short to medium term.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	36.22B	33.18B	30.11B	23.70B	18.15B
Gross Profit	4.70B	4.81B	4.23B	4.02B	3.36B
EBITDA	2.55B	3.68B	2.89B	2.73B	2.34B
Net Income	1.15B	1.95B	1.51B	1.67B	1.46B
Balance Sheet
Total Assets	38.61B	39.38B	36.96B	28.78B	19.00B
Cash, Cash Equivalents and Short-Term Investments	14.13B	15.75B	13.37B	6.93B	7.13B
Total Debt	335.96M	351.36M	233.54M	266.13M	239.85M
Total Liabilities	21.45B	21.16B	19.96B	18.47B	12.44B
Stockholders Equity	16.42B	17.61B	16.46B	9.89B	6.26B
Cash Flow
Free Cash Flow	1.48B	2.22B	2.30B	2.56B	2.41B
Operating Cash Flow	1.92B	2.59B	2.76B	2.83B	2.56B
Investing Cash Flow	-898.66M	152.40M	-36.49M	518.93M	-1.95B
Financing Cash Flow	-3.16B	-516.83M	4.18B	-2.32B	-390.49M

Onewo, Inc. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 23.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:2602, the sentiment is Positive. The current price of 23.3 is above the 20-day moving average (MA) of 22.24, above the 50-day MA of 21.29, and above the 200-day MA of 21.33, indicating a bullish trend. The MACD of 0.63 indicates Negative momentum. The RSI at 64.39 is Neutral, neither overbought nor oversold. The STOCH value of 79.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:2602.

Onewo, Inc. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2602	66 Neutral	HK$27.51B	22.18	6.76%	4.85%	7.13%	-42.14%
Sector *	54 Neutral	$1.23B	3.78	0.67%	6.14%	-2.39%	-129.28%
CNPPF	―	$2.41B	11.43		12.63%	―	―
CTRGF	―	$3.02B	11.99	4.96%	2.33%	―	―
6049	79 Outperform	HK$19.95B	12.39	16.04%	0.13%	6.53%	4.78%
2869	73 Outperform	HK$15.35B	20.70	8.94%	2.66%	1.01%	12.45%
6666	58 Neutral	HK$8.86B	7.81	2935.68%	―	0.27%	-35.07%

Onewo, Inc. Class H Corporate Events

Onewo Inc. Enhances Governance with New Audit Committee

Onewo Inc., a joint stock company in China, has established an Audit Committee to enhance its corporate governance structure. The committee is tasked with supervising and evaluating both internal and external audits, reviewing financial reports, and ensuring effective communication between management and auditors. This initiative aims to strengthen decision-making processes and improve oversight of the company’s financial activities, potentially leading to increased transparency and trust among stakeholders.

The most recent analyst rating on (HK:2602) stock is a Hold with a HK$19.39 price target. To see the full list of analyst forecasts on Onewo, Inc. Class H stock, see the HK:2602 Stock Forecast page.

Onewo Inc. Share Pledge by Controlling Shareholder

Onewo Inc., a joint stock company incorporated in the People’s Republic of China, has announced that its controlling shareholder, China Vanke, has pledged 116,887,490 shares of Onewo as collateral for a loan agreement with Shenzhen Metro Group Co., Ltd. This pledge represents approximately 10.11% of Onewo’s total issued share capital. The arrangement is not intended to guarantee Onewo’s debts or affect its operations, and China Vanke will remain the controlling shareholder. The company will monitor the situation and update stakeholders as necessary.

The most recent analyst rating on (HK:2602) stock is a Hold with a HK$19.39 price target. To see the full list of analyst forecasts on Onewo, Inc. Class H stock, see the HK:2602 Stock Forecast page.

Onewo Inc.’s Controlling Shareholder Pledges Shares in Loan Agreement

Onewo Inc., a company incorporated in the People’s Republic of China, has announced that its controlling shareholder, China Vanke, has pledged a significant portion of its shares in Onewo as collateral for a loan agreement with Shenzhen Metro Group Co., Ltd. The pledged shares represent approximately 27.40% of Onewo’s total issued share capital, and together with previously pledged shares, account for about 45.69% of the company’s total issued share capital. This arrangement does not impact China Vanke’s position as the controlling shareholder or affect Onewo’s normal operations. The company will continue to monitor the situation and update stakeholders on any significant developments.

The most recent analyst rating on (HK:2602) stock is a Hold with a HK$19.39 price target. To see the full list of analyst forecasts on Onewo, Inc. Class H stock, see the HK:2602 Stock Forecast page.

Onewo Inc. Announces Board and Audit Committee Changes

Onewo Inc., a company incorporated in the People’s Republic of China, has announced a change in its board composition. Ms. Zhu Xu has resigned from her position as a non-executive director and member of the audit committee to take on a new role within the company’s ‘City Up’ business segment. In her place, Mr. Sun Jia has been appointed as a member of the audit committee. This change reflects a strategic internal adjustment aimed at enhancing the company’s operational focus.

The most recent analyst rating on (HK:2602) stock is a Hold with a HK$19.39 price target. To see the full list of analyst forecasts on Onewo, Inc. Class H stock, see the HK:2602 Stock Forecast page.

Onewo Inc. Announces Board Composition and Roles

Onewo Inc., a joint stock company incorporated in the People’s Republic of China, announced the composition of its board of directors and their respective roles within the company. The board consists of executive, non-executive, and independent non-executive directors, with specific members assigned to the Audit, Remuneration and Evaluation, and Nomination Committees. This announcement provides clarity on the governance structure of Onewo Inc., potentially impacting its strategic decision-making and stakeholder confidence.

The most recent analyst rating on (HK:2602) stock is a Hold with a HK$19.39 price target. To see the full list of analyst forecasts on Onewo, Inc. Class H stock, see the HK:2602 Stock Forecast page.

Onewo Inc. Approves Key Resolutions at 2024 AGM

Onewo Inc., a joint stock company incorporated in the People’s Republic of China, held its 2024 Annual General Meeting (AGM) where several key resolutions were approved by shareholders. The AGM, conducted online, resulted in the approval of the company’s 2024 annual report, financial report, and profit distribution plan. Additionally, the appointment of two non-executive directors, Ms. Hua Cui and Ms. Zhu Xu, was confirmed. The meeting also addressed the Equity Transfer Agreement, with certain shareholders abstaining from voting due to material interests.

The most recent analyst rating on (HK:2602) stock is a Hold with a HK$19.39 price target. To see the full list of analyst forecasts on Onewo, Inc. Class H stock, see the HK:2602 Stock Forecast page.

Onewo Inc. Announces Board of Directors and Their Roles

Onewo Inc., a joint stock company incorporated in the People’s Republic of China, has announced the list of its board of directors and their respective roles and functions. The board consists of executive, non-executive, and independent non-executive directors, with various members serving on the Audit, Remuneration and Evaluation, and Nomination Committees. This announcement highlights the company’s governance structure, which is crucial for stakeholders to understand the leadership dynamics and decision-making processes within the organization.

The most recent analyst rating on (HK:2602) stock is a Hold with a HK$19.39 price target. To see the full list of analyst forecasts on Onewo, Inc. Class H stock, see the HK:2602 Stock Forecast page.

Onewo Inc. Announces Final Dividend for 2024

Onewo Inc. has announced a proposed final cash dividend of RMB 0.481 per share for the financial year ending December 31, 2024, with payment to be made in Hong Kong dollars at a rate of HKD 0.521 per share. The dividend is subject to a 10% withholding tax for non-resident shareholders, and the company advises shareholders to consult with tax advisors regarding tax implications.

The most recent analyst rating on (HK:2602) stock is a Hold with a HK$19.39 price target. To see the full list of analyst forecasts on Onewo, Inc. Class H stock, see the HK:2602 Stock Forecast page.

Onewo Inc. Announces Special Dividend for 2024

Onewo Inc. has announced a special cash dividend for the financial year ending December 31, 2024, with a declared dividend of RMB 0.394 per share. The dividend will be paid in Hong Kong dollars at a rate of HKD 0.427 per share, following shareholder approval on May 16, 2025. The ex-dividend date is set for May 20, 2025, with the payment date scheduled for June 13, 2025. The announcement includes details on withholding tax rates for non-resident shareholders, emphasizing the importance of consulting tax advisors for shareholders in different regions.

The most recent analyst rating on (HK:2602) stock is a Hold with a HK$19.39 price target. To see the full list of analyst forecasts on Onewo, Inc. Class H stock, see the HK:2602 Stock Forecast page.