SY Holdings Group Limited (6069) AI Stock Analysis

• Market Cap: HK$11.85B
• Dividend Yield: 3.17%
• Average Volume (3M): 7.35M
• Price to Earnings (P/E): 24.0
• Beta (1Y): 0.58
• Revenue Growth: -2.45%
• EPS Growth: 71.08%
• Country: HK
• Employees: 363
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): 0.22
• Shares Outstanding: 1,065,325,800
• 10 Day Avg. Volume: 4,836,058
• 30 Day Avg. Volume: 7,346,561
• PEG Ratio: 0.39
• Price to Book (P/B): 1.61
• Price to Sales (P/S): 7.13
• P/FCF Ratio: 2.44
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 73 Outperform
• Price Target: HK$12.00 ▲(7.14% Upside)

SY Holdings Group Limited's strong financial performance is the primary driver of its stock score, supported by robust profitability and cash flow metrics. Technical analysis indicates potential bearish momentum, which slightly offsets the positive financial outlook. The valuation is moderate, with a reasonable P/E ratio and attractive dividend yield, making the stock appealing to income investors.

Positive Factors

Profitability

The significant increase in net profit margin demonstrates improved profitability and cost efficiency, enhancing long-term financial stability.

Cash Flow Generation

Strong cash flow generation indicates robust operational efficiency and provides the company with the flexibility to invest in growth opportunities.

Operational Efficiency

A consistently high gross profit margin reflects effective cost management and pricing power, supporting sustainable long-term profitability.

Negative Factors

Revenue Growth Volatility

Volatile revenue growth can indicate market challenges or operational issues, potentially affecting long-term growth trajectories and investor confidence.

Leverage Concerns

Increasing leverage may pose future risks to financial stability, as higher debt levels can strain cash flows and limit strategic flexibility.

Cash Flow Stability

Volatility in operating cash flows can impact the company's ability to consistently fund operations and investments, posing a risk to financial health.

SY Holdings Group Limited Business Overview & Revenue Model

Company Description

SY Holdings Group Limited, an investment holding company, provides supply chain technology and digital financing solutions for companies in the Asia-Pacific. The company operates through Platform-Based Services, Digital Financing Solutions, Supply Chain Technology Services, and Sales of Supply Chain Assets Services segments. It offers a technology platform that provides a range of flexible supply chain financing solutions, including accounts receivable-based lending and loan guarantee services; and SY Cloud Platform, a proprietary fintech platform, which offers electronic signatures, optical character recognition, natural language processing, big data analytics, video authentication, and facial recognition to automate and facilitate the risk management system. In addition, the company provides accounts receivable management and asset origination services; issuance of asset-backed financial products, such as asset-backed securities and notes; supply chain technology solutions, such as smart enterprise solutions and supply chain procurement systems; and smart industrial Internet-of-Things, Software-as-a-Service solutions to enterprises, and smart construction solutions. Further, it sells supply chain assets to various financial institutions, including asset managers and trust companies; and offers supply chain finance management, supply chain, management, and IT services. The company was formerly known as Sheng Ye Capital Limited and changed its name to SY Holdings Group Limited in December 2021. SY Holdings Group Limited was founded in 2013 and is headquartered in Shenzhen, the People's Republic of China. SY Holdings Group Limited is a subsidiary of Wisdom Cosmos Limited.

How the Company Makes Money

SY Holdings Group Limited generates revenue through multiple streams, primarily from its property investment and development activities. The company earns rental income from its real estate holdings, which contribute a significant portion of its revenue. Additionally, SY Holdings engages in property development projects, allowing them to profit from the sale of developed properties. The financial services segment provides consultancy and investment management services, which also contribute to the company's earnings. Key partnerships with real estate developers and financial institutions further enhance its revenue potential by facilitating access to new projects and investment opportunities.

SY Holdings Group Limited Financial Statement Overview

Summary

SY Holdings Group Limited exhibits strong financial health with impressive profitability and cash flow metrics. The income statement shows robust margins and improved profitability, while the balance sheet reflects moderate leverage. Cash flow metrics are strong, indicating effective cash generation, though past volatility suggests potential risks.

Income Statement

SY Holdings Group Limited shows robust income statement metrics with a Gross Profit Margin consistently above 90%, demonstrating efficient cost management. The Net Profit Margin increased significantly from 28% in 2023 to over 41% in 2024, indicating improved profitability. Revenue growth has been volatile, with a decrease in 2024, but overall trends indicate a strong upward trajectory since 2020. EBIT and EBITDA margins are healthy, reflecting strong operational performance.

Balance Sheet

The company's balance sheet reflects a solid financial position with a favorable Debt-to-Equity Ratio of approximately 1.26 in 2024, showing moderate leverage. The Return on Equity (ROE) improved to 9.34%, indicating efficient use of equity to generate profits. However, the Equity Ratio has slightly declined, suggesting a gradual increase in leverage which could pose future risks.

Cash Flow

Cash flow metrics are strong, with a significant improvement in Free Cash Flow, growing by over 65% from 2023 to 2024. The Operating Cash Flow to Net Income Ratio is robust, reflecting efficient cash generation from operations. The Free Cash Flow to Net Income Ratio is excellent, indicating strong cash conversion capabilities. However, past volatility in operating cash flows suggests potential risks in cash flow stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	888.41M	919.37M	963.52M	800.42M	480.17M	634.12M
Gross Profit	889.82M	901.61M	764.63M	750.56M	556.65M	618.92M
EBITDA	625.81M	647.58M	810.95M	590.98M	328.77M	531.53M
Net Income	424.70M	380.18M	268.25M	219.40M	411.04M	329.25M
Balance Sheet
Total Assets	10.55B	10.60B	11.82B	11.38B	8.80B	4.79B
Cash, Cash Equivalents and Short-Term Investments	4.12B	5.74B	8.54B	9.03B	7.55B	4.17B
Total Debt	4.85B	5.15B	7.26B	6.62B	4.36B	1.51B
Total Liabilities	6.97B	6.48B	7.76B	7.25B	4.85B	1.76B
Stockholders Equity	3.53B	4.07B	3.93B	3.92B	3.77B	2.92B
Cash Flow
Free Cash Flow	5.26B	2.68B	1.62B	-883.45M	-129.31M	448.31M
Operating Cash Flow	5.74B	2.76B	1.68B	-769.20M	-95.51M	460.17M
Investing Cash Flow	-1.31B	-311.00M	-898.41M	-618.86M	-220.36M	-285.24M
Financing Cash Flow	-4.47B	-2.59B	-705.91M	1.21B	775.40M	-224.34M

SY Holdings Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 11.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6069, the sentiment is Positive. The current price of 11.2 is above the 20-day moving average (MA) of 11.06, above the 50-day MA of 10.84, and below the 200-day MA of 11.48, indicating a neutral trend. The MACD of 0.07 indicates Negative momentum. The RSI at 55.19 is Neutral, neither overbought nor oversold. The STOCH value of 62.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6069.

SY Holdings Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1606	74 Outperform	HK$20.86B	3.85	13.09%	5.84%	3.17%	23.13%
6069	73 Outperform	HK$11.85B	23.96	11.46%	3.17%	-2.45%	71.08%
1905	71 Outperform	HK$6.34B	4.24	7.87%	11.28%	0.59%	-5.95%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
1601	64 Neutral	HK$1.39B	3.78	9.89%	7.43%	1.11%	3.98%
1563	59 Neutral	HK$290.84M	22.00	0.49%	―	8.77%	-76.88%
2003	58 Neutral	HK$1.19B	1.93	12.71%	9.77%	16.56%	110.71%

SY Holdings Group Limited Corporate Events

SY Holdings Extends and Revises Financial Support to Supply Chain Finance JV Xiangsheng Factoring

SY Holdings Group Limited has amended its financial assistance arrangement with affiliated company Xiangsheng Factoring, a joint venture established in 2022 to provide diversified digital financial solutions to ecosystem participants of core enterprises, including Xiangyu Group. Under the revised terms, SY Group will continue to provide counter guarantees and joint-and-several guarantees, in proportion to its 43% stake in Xiangsheng Factoring, in support of guarantees and shareholder loans extended by Xiangyu Group, with the maturity of this financial support extended three years to 11 January 2029 and the maximum aggregate amount adjusted to approximately RMB1.91 billion, or 3.44 times Xiangsheng Factoring’s net assets. The transaction, triggered by robust business growth and funding needs at Xiangsheng Factoring, is classified as a discloseable transaction and subject to reporting and general disclosure requirements under Hong Kong’s Listing Rules, underscoring SY Holdings’ continued strategic commitment to expanding its supply chain finance operations while managing its capital exposure to affiliated entities.

The most recent analyst rating on (HK:6069) stock is a Buy with a HK$12.00 price target. To see the full list of analyst forecasts on SY Holdings Group Limited stock, see the HK:6069 Stock Forecast page.

SY Holdings Clarifies RMB2.36 Billion Cap on Financial Assistance to Affiliated Factoring Unit

SY Holdings Group Limited has issued a supplemental announcement clarifying details of its amended financial assistance arrangement with affiliated company Ocean Holdings Factoring. The group disclosed that Ocean Holdings Factoring’s latest audited net assets stand at approximately RMB736 million as of 31 December 2024, and that, based on its current estimates, the maximum financial assistance the group expects to provide to this affiliate will not exceed RMB2.36 billion between 1 January 2026 and 31 December 2027. The company added that it will observe additional Hong Kong listing requirements, including seeking shareholder approval, if the financial assistance during this period surpasses the stated cap and triggers a higher notifiable transaction classification, underscoring its focus on regulatory compliance and transparency in managing sizeable intra-group financing.

The most recent analyst rating on (HK:6069) stock is a Buy with a HK$12.00 price target. To see the full list of analyst forecasts on SY Holdings Group Limited stock, see the HK:6069 Stock Forecast page.

SY Holdings Extends RMB21 Billion Financial Support to Supply Chain Finance Affiliate NBGF

SY Holdings Group Limited has extended and reinforced its financial support to its affiliated company NBGF to underpin the latter’s growing supply chain finance business. Under a supplemental financial assistance agreement signed on 19 December 2025, subsidiaries Sheng Long and SY Factoring will continue to provide guarantees for NBGF’s debt financing and shareholder loans, with the aggregate maximum assistance remaining at RMB21 billion but the term pushed out to 31 December 2027. The move reflects robust business growth and funding needs at NBGF and underscores SY Holdings’ strategic commitment to expanding its digital supply chain finance capabilities, though it also triggers discloseable transaction and general disclosure obligations under Hong Kong’s Listing Rules due to the size of the assistance relative to the group’s assets.

The most recent analyst rating on (HK:6069) stock is a Buy with a HK$12.00 price target. To see the full list of analyst forecasts on SY Holdings Group Limited stock, see the HK:6069 Stock Forecast page.

SY Holdings Extends and Adjusts Financial Support to Ocean Holdings Factoring Through 2027

SY Holdings Group Limited has amended its financial assistance arrangements to continue supporting its affiliated company Ocean Holdings Factoring, extending guarantees and related support for the latter’s supply chain finance operations. Under the new agreement, SY Factoring will provide counter guarantees and joint and several guarantees in proportion to Qingdao Sunful’s 40% stake in Ocean Holdings Factoring, with the expiry date of the financial assistance pushed back from 31 December 2025 to 31 December 2027 and the maximum daily average balance adjusted to 3.2 times Ocean Holdings Factoring’s net assets during the new period. The move, which replaces an earlier amended agreement, reflects robust business growth and funding needs at Ocean Holdings Factoring and underscores SY Holdings’ strategic commitment to expanding its digital and supply chain finance ecosystem, while triggering discloseable transaction and general disclosure obligations under Hong Kong Listing Rules due to the size of the assistance.

The most recent analyst rating on (HK:6069) stock is a Buy with a HK$12.00 price target. To see the full list of analyst forecasts on SY Holdings Group Limited stock, see the HK:6069 Stock Forecast page.