A-Living Smart City Services Co., Ltd. Class H (3319) AI Stock Analysis

• Market Cap: €4.40B
• Dividend Yield: 0.76%
• Average Volume (3M): 5.87M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.88
• Revenue Growth: -11.94%
• EPS Growth: -756.32%
• Country: HK
• Employees: 86,873
• Sector: Real Estate
• Sector Strength: 65
• Industry: Real Estate - Services
• EPS (TTM): -1.26
• Shares Outstanding: 1,420,000,900
• 10 Day Avg. Volume: 7,941,105
• 30 Day Avg. Volume: 5,872,701
• PEG Ratio: 0.05
• Price to Book (P/B): 0.41
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -8.97
• 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: €2.63
• Price Target Upside: -14.80% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 49 Neutral
• Price Target: HK$3.00 ▼(-2.91%Downside)

The overall score reflects significant financial challenges, with negative profitability and cash flow issues being the most impactful. Technical analysis shows some stability, but valuation concerns remain due to the negative P/E ratio and low dividend yield.

Positive Factors

Company Evolution

A-Living has evolved into a leading property management player, with forays into public facility projects and city services.

Strategic Growth

Leverage on mergers and acquisitions has helped A-Living evolve into a leading property management player, becoming the third largest in China by managed gross floor area.

Negative Factors

Earnings Performance

FY24 results weaker than expected on weak revenue and margin performance; impairments also came in larger than that announced in the profit.

Market Competition

A-Living's property management business continued to face headwinds upon fierce competition in the third-party public auction space.

Restructuring Uncertainty

Uncertainty over A-Living's role in Agile's restructuring plan is likely to cap its share price performance in the near term.

A-Living Smart City Services Co., Ltd. Class H Business Overview & Revenue Model

Company Description

A-Living Smart City Services Co., Ltd. Class H (3319) is a leading provider of comprehensive property management services in China. The company specializes in the management and operation of residential properties, commercial properties, and public facilities. Its core services include property management, consultancy services, and community value-added services, aimed at enhancing the living experience of residents and maximizing property value for owners.

How the Company Makes Money

A-Living Smart City Services Co., Ltd. generates revenue primarily through its property management services, which include fees charged for managing residential and commercial properties. The company also earns income from consultancy services provided to property developers and owners, as well as from community value-added services such as home improvement, lifestyle services, and smart community solutions. These services are often offered through strategic partnerships and collaborations with technology firms, allowing A-Living to integrate innovative solutions and enhance service offerings, thus contributing to its financial performance.

A-Living Smart City Services Co., Ltd. Class H Financial Statement Overview

Summary

The company is experiencing financial stress with declining revenues, negative profitability margins, and zero cash flows. Despite a low leverage ratio, negative ROE and operational losses indicate significant inefficiencies and risks.

Income Statement

A-Living Smart City Services Co., Ltd. faced a challenging year in 2024 with significant declines in key profitability metrics. Gross Profit Margin for 2024 was approximately 15.03%, a decrease from 2023's 17.13%. The company reported a negative Net Profit Margin of -23.59% due to a substantial net loss, contrasting with a positive margin of 2.98% in 2023. Revenue fell by 10.20% from 2023 to 2024, indicating challenges in maintaining sales growth. EBIT and EBITDA margins were negative at -25.20% and -19.39%, respectively, reflecting operating difficulties.

Balance Sheet

The company's Balance Sheet shows a stable equity position with a Debt-to-Equity Ratio of 0.05, reflecting low leverage. However, ROE turned negative to -34.76% in 2024 from 3.60% in 2023, due to net losses, signaling inefficiencies in generating returns on equity. The Equity Ratio remained stable at 46.47%, indicating a balanced asset financing mix.

Cash Flow

Cash Flow analysis reveals a concerning picture with zero Operating and Free Cash Flows in 2024, indicating cash management issues. The Free Cash Flow to Net Income Ratio is undefined due to negative net income, highlighting cash flow challenges.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	13.87B	15.44B	15.38B	14.08B	10.03B
Gross Profit	2.08B	2.65B	3.38B	3.87B	2.97B
EBITDA	-2.69B	1.46B	2.82B	3.38B	2.71B
Net Income	-3.27B	460.88M	1.84B	2.31B	1.75B
Balance Sheet
Total Assets	20.25B	24.05B	22.70B	20.18B	13.97B
Cash, Cash Equivalents and Short-Term Investments	5.31B	6.07B	4.84B	4.92B	5.65B
Total Debt	506.72M	374.54M	157.01M	156.29M	270.82M
Total Liabilities	9.10B	9.60B	8.58B	7.27B	5.32B
Stockholders Equity	9.41B	12.81B	12.46B	11.19B	7.35B
Cash Flow
Free Cash Flow	318.59M	781.90M	-1.17B	2.56B	2.56B
Operating Cash Flow	428.75M	997.64M	-933.70M	2.64B	2.62B
Investing Cash Flow	-571.78M	-353.42M	1.18B	-4.41B	-894.13M
Financing Cash Flow	-614.63M	-374.00M	-837.58M	1.10B	-876.11M

A-Living Smart City Services Co., Ltd. Class H Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.09
• 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:3319, the sentiment is Positive. The current price of 3.09 is above the 20-day moving average (MA) of 2.95, above the 50-day MA of 2.89, and above the 200-day MA of 2.88, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 63.42 is Neutral, neither overbought nor oversold. The STOCH value of 76.30 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3319.

A-Living Smart City Services Co., Ltd. Class H Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6049	79 Outperform	HK$19.95B	12.39	16.04%	4.04%	6.53%	4.78%
2869	73 Outperform	HK$15.63B	21.08	8.94%	2.62%	1.01%	12.45%
6098	68 Neutral	$23.74B	12.09	4.96%	4.26%	1.31%	379.84%
Sector *	54 Neutral	$1.24B	3.76	0.67%	6.12%	-2.39%	-129.28%
9666	53 Neutral	HK$4.13B	―	-15.81%	―	-9.68%	33.02%
3319	49 Neutral	€4.40B	―	-29.17%	0.76%	-11.94%	-756.32%

A-Living Smart City Services Co., Ltd. Class H Corporate Events

A-Living Smart City Services Expands with Strategic Acquisitions

A-Living Smart City Services Co., Ltd. announced the acquisition of 70% equity interest in Target A for RMB17.89 million and 100% equity interest in Target B for RMB42.71 million. These acquisitions were based on asset-based valuations, reflecting the company’s strategic focus on expanding its environmental services operations. The use of the asset-based approach was deemed suitable due to the lack of comparable market data and the uncertainty in future earnings projections, emphasizing the company’s commitment to enhancing its market position in the environmental services industry.

The most recent analyst rating on (HK:3319) stock is a Sell with a HK$2.20 price target. To see the full list of analyst forecasts on A-Living Smart City Services Co., Ltd. Class H stock, see the HK:3319 Stock Forecast page.

A-Living Smart City Services Reports AGM Results and Strategic Decisions

A-Living Smart City Services Co., Ltd. announced the results of its 2024 Annual General Meeting held on May 28, 2025. Key resolutions were approved, including the distribution of a final dividend, appointment of a new executive director, and re-appointment of the company’s auditor. The AGM also granted the board a general mandate to buy back H shares, reflecting a strategic move to enhance shareholder value. The meeting was attended by shareholders representing approximately 48.44% of the total issued shares, and all resolutions were passed with significant majorities, indicating strong shareholder support.

The most recent analyst rating on (HK:3319) stock is a Sell with a HK$2.20 price target. To see the full list of analyst forecasts on A-Living Smart City Services Co., Ltd. Class H stock, see the HK:3319 Stock Forecast page.

A-Living Smart City Services Updates Final Dividend for 2024

A-Living Smart City Services Co., Ltd. has announced an update to its final cash dividend for the year ended December 31, 2024. The dividend is set at RMB 0.03 per share, with the payment to be made in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.08928, resulting in HKD 0.032678 per share. The dividend will be paid on July 10, 2025, following shareholder approval on May 28, 2025. The announcement also details withholding tax rates applicable to different types of shareholders, including a 10% tax for non-resident enterprises and a 20% tax for Mainland individual investors.

The most recent analyst rating on (HK:3319) stock is a Sell with a HK$2.20 price target. To see the full list of analyst forecasts on A-Living Smart City Services Co., Ltd. Class H stock, see the HK:3319 Stock Forecast page.

A-Living Smart City Services Announces Board and Committee Structure

A-Living Smart City Services Co., Ltd. has announced the composition of its board of directors and the establishment of four key committees: Audit, Remuneration and Appraisal, Nomination, and Risk Management. This organizational structure is aimed at strengthening governance and strategic oversight, potentially impacting the company’s operational efficiency and market positioning positively.

The most recent analyst rating on (HK:3319) stock is a Sell with a HK$2.20 price target. To see the full list of analyst forecasts on A-Living Smart City Services Co., Ltd. Class H stock, see the HK:3319 Stock Forecast page.