Midea Real Estate Holding Limited (HK:3990)
:3990
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Midea Real Estate Holding Limited
(3990)
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Rating:45Neutral
Price Target:
HK$4.50
▲(9.22% Upside)
Action:ReiteratedDate:10/07/25
The overall score of 45 reflects a high-risk profile, driven primarily by the company's extremely poor financial performance. A catastrophic collapse in revenue, a large net loss, and significant cash burn signal severe operational distress. While the stock's valuation appears attractive and technical indicators are mixed, these factors are overshadowed by the profound fundamental weaknesses and uncertainty surrounding the company's path to recovery.
Positive Factors
Strategic Partnerships
These partnerships enhance project visibility and market reach, providing a competitive edge and supporting long-term revenue stability.
Negative Factors
Declining Revenue
Declining revenue impacts profitability and limits the company's ability to invest in growth opportunities, posing a long-term risk.
Read all positive and negative factors
Positive Factors
Negative Factors
Strategic Partnerships
These partnerships enhance project visibility and market reach, providing a competitive edge and supporting long-term revenue stability.
Read all positive factors
Midea Real Estate Holding Limited (3990) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$5.05B
Dividend Yield10.24%
Average Volume (3M)2.25M
Price to Earnings (P/E)4.3
Beta (1Y)0.97
Revenue GrowthN/A
EPS GrowthN/A
CountryHK
Employees9,213
SectorReal Estate
Sector Strength53
IndustryReal Estate - Services
Share Statistics
EPS (TTM)0.19
Shares Outstanding1,435,411,500
10 Day Avg. Volume3,002,630
30 Day Avg. Volume2,249,052
Financial Highlights & Ratios
PEG Ratio0.11
Price to Book (P/B)0.82
Price to Sales (P/S)1.08
P/FCF Ratio-1.70
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)0.47
Revenue Forecast (FY)HK$4.39B
Midea Real Estate Holding Limited Business Overview & Revenue Model
Company Description
Midea Real Estate Holding Limited, an investment holding company, operates as a property developer in the People's Republic of China. The company operates through four segments: Property Development and Sales; Property Management Services; Investm...
How the Company Makes Money
Midea Real Estate generates revenue primarily through the sale of residential and commercial properties, which constitutes its main revenue stream. The company engages in large-scale property development projects, often selling units directly to c...
Midea Real Estate Holding Limited Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
52
Neutral
Cash Flow
15
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | -19.41B | 3.73B | 73.56B | 73.63B | 73.70B | 52.48B |
| Gross Profit | -374.61M | 1.33B | 8.48B | 11.31B | 13.50B | 11.66B |
| EBITDA | 866.73M | 925.81M | 4.62B | 7.04B | 8.90B | 7.78B |
| Net Income | -2.13B | -2.06B | 913.58M | 1.73B | 3.74B | 4.33B |
Balance Sheet | ||||||
| Total Assets | 9.49B | 9.72B | 201.58B | 251.94B | 288.52B | 283.75B |
| Cash, Cash Equivalents and Short-Term Investments | 838.59M | 1.03B | 17.65B | 27.93B | 36.84B | 33.26B |
| Total Debt | 216.80M | 833.67M | 38.17B | 48.61B | 56.55B | 58.88B |
| Total Liabilities | 4.51B | 4.64B | 151.46B | 201.62B | 240.71B | 243.54B |
| Stockholders Equity | 4.84B | 4.90B | 25.31B | 24.86B | 23.51B | 22.07B |
Cash Flow | ||||||
| Free Cash Flow | 1.55B | -2.37B | 3.43B | 2.84B | 3.05B | -2.08B |
| Operating Cash Flow | 1.59B | -2.26B | 3.63B | 3.04B | 3.21B | -2.03B |
| Investing Cash Flow | -14.30B | -14.25B | 4.65B | 5.38B | 3.44B | -7.25B |
| Financing Cash Flow | 2.32B | -6.04M | -12.58B | -12.95B | 1.06B | 8.80B |
Midea Real Estate Holding Limited Technical Analysis
Negative
4.12
Price Trends
3.97
Negative
4.11
Negative
4.18
Negative
Market Momentum
-0.21
Positive
33.28
Neutral
57.18
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3990, the sentiment is Negative. The current price of 4.12 is above the 20-day moving average (MA) of 3.74, above the 50-day MA of 3.97, and below the 200-day MA of 4.18, indicating a bearish trend. The MACD of -0.21 indicates Positive momentum. The RSI at 33.28 is Neutral, neither overbought nor oversold. The STOCH value of 57.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:3990.
Midea Real Estate Holding Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
81 Outperform | HK$17.39B | 4.67 | 15.52% | 4.43% | 6.54% | 3.26% | |
71 Outperform | HK$3.89B | 9.48 | 18.70% | 5.77% | -7.78% | -29.31% | |
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
53 Neutral | HK$2.84B | 19.47 | 3.94% | 11.14% | -1.14% | ― | |
51 Neutral | HK$12.43B | 11.52 | 74.40% | ― | 4.74% | -21.33% | |
45 Neutral | HK$5.05B | 4.29 | ― | 10.24% | ― | ― |
* Real Estate Sector Average
HK:3990
Midea Real Estate Holding Limited
3.52
<0.01
0.11%
HK:1516
Sunac Services Holdings Ltd.
0.93
-0.54
-36.61%
HK:1755
S-Enjoy Service Group Co., Ltd.
2.80
0.00
0.00%
HK:2156
C&D Property Management Group Co., Ltd.
2.76
0.58
26.61%
HK:6049
Poly Property Services Co., Ltd. Class H
31.42
1.72
5.79%
HK:6666
Evergrande Property Services Group Ltd.
1.15
0.48
71.64%
Midea Real Estate Holding Limited Corporate Events
Midea Real Estate Updates Nomination Committee to Strengthen Governance
Dec 16, 2025
Midea Real Estate Holding Limited has announced a change in the composition of its Nomination Committee in response to updates in the Listing Rules and Corporate Governance Code effective from July 2025. The appointment of Ms. Ren Lingyan and Mr. ...
Midea Real Estate Announces Board Composition and Committee Roles
Dec 16, 2025
Midea Real Estate Holding Limited has announced the composition of its board of directors and their respective roles within the company. This includes the establishment of three committees—Audit, Remuneration, and Nomination—highlighti...
Midea Real Estate Updates Nomination Committee Terms
Dec 16, 2025
Midea Real Estate Holding Limited has revised and adopted the terms of reference for its Nomination Committee as of December 16, 2025. The committee will consist of at least three members, primarily independent non-executive directors, ensuring di...
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.