Hevol Services Group Co. Limited (6093) AI Stock Analysis

• Market Cap: HK$425.60M
• Dividend Yield: N/A
• Average Volume (3M): 63.53K
• Price to Earnings (P/E): 21.9
• Beta (1Y): 0.44
• Revenue Growth: 3.93%
• EPS Growth: -71.60%
• Country: HK
• Employees: 4,908
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): <0.01
• Shares Outstanding: 560,000,000
• 10 Day Avg. Volume: 97,800
• 30 Day Avg. Volume: 63,533
• PEG Ratio: -0.44
• Price to Book (P/B): 1.05
• Price to Sales (P/S): 0.54
• P/FCF Ratio: -37.20
• 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: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: HK$1.00 ▲(40.85% Upside)

The overall stock score of 62 reflects strong financial performance with robust revenue growth and a solid balance sheet. However, technical analysis indicates a bearish trend, and valuation metrics suggest moderate pricing. The lack of dividend yield and cash flow challenges are notable concerns.

Hevol Services Group Co. Limited Business Overview & Revenue Model

Company Description

Hevol Services Group Co. Limited (6093) is a property management company primarily engaged in providing a wide range of property management services. The company's offerings include property management, value-added services to non-property owners, community value-added services, and professional services, which cover residential properties, commercial properties, and public facilities. Hevol Services operates predominantly in China, leveraging its expertise to enhance property value and customer satisfaction.

How the Company Makes Money

Hevol Services Group Co. Limited generates revenue through its comprehensive suite of property management services. The company's primary revenue streams include fees from property management services, which involve managing and maintaining residential and commercial properties. Additionally, it earns income from value-added services to non-property owners, such as consulting and advisory services. Community value-added services, which include services like home decoration, maintenance, and repair, also contribute to its earnings. The company may engage in partnerships with local developers or other real estate entities to expand its service offerings and client base. The combination of these services, along with their focus on operational efficiency and customer satisfaction, helps Hevol Services sustain and grow its revenue.

Hevol Services Group Co. Limited Financial Statement Overview

Summary

Hevol Services Group demonstrates robust revenue growth and operational efficiency in the real estate services sector. The income statement shows strong growth and healthy margins, and the balance sheet reflects a solid financial foundation with low leverage. However, cash flow management appears challenged with a notable decline in operating and free cash flow in 2024, which could impact liquidity.

Income Statement

The company shows strong revenue growth, particularly impressive with a 230% increase from 2019 to 2024. The gross profit margin is healthy at around 25.6%, though net profit margins are moderate, showing a slight decline from 5.9% in 2023 to 4% in 2024. EBIT and EBITDA margins remain stable, indicating efficient operational management. However, the decrease in net income from 2023 to 2024 suggests potential challenges in cost management or increased expenses.

Balance Sheet

The balance sheet reflects strong financial health with a low debt-to-equity ratio of 0.15 in 2024, showcasing conservative leverage. The equity ratio of 40% indicates a solid equity base, supporting financial stability. The consistent growth in total assets and stockholders' equity over the years highlights robust business expansion. However, the slight decrease in stockholders' equity in 2024 may signal emerging liabilities or capital returns.

Cash Flow

Cash flow analysis shows a concerning trend with zero operating and free cash flow in 2024, following positive free cash flow in previous years. This could indicate cash management issues or increased capital expenditure. The operating cash flow to net income ratio is unavailable for 2024 due to zero operating cash flow, which raises concerns about cash generation capacity.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.39B	1.37B	1.31B	1.04B	766.79M	415.87M
Gross Profit	340.32M	349.61M	336.22M	295.31M	264.19M	148.91M
EBITDA	110.03M	128.54M	175.06M	120.16M	135.63M	70.22M
Net Income	17.93M	54.39M	77.90M	68.72M	86.19M	56.36M
Balance Sheet
Total Assets	1.66B	1.73B	1.65B	1.63B	1.17B	613.25M
Cash, Cash Equivalents and Short-Term Investments	222.05M	357.26M	381.38M	364.24M	392.74M	313.37M
Total Debt	114.60M	100.70M	69.99M	16.09M	6.54M	2.61M
Total Liabilities	980.86M	958.44M	875.17M	921.79M	586.22M	286.05M
Stockholders Equity	646.82M	693.09M	696.95M	614.66M	523.79M	307.17M
Cash Flow
Free Cash Flow	157.78M	-19.66M	72.43M	-29.97M	201.68M	14.55M
Operating Cash Flow	164.04M	-10.73M	79.30M	-23.07M	207.20M	17.02M
Investing Cash Flow	-77.53M	-77.89M	13.80M	-91.79M	-222.53M	-10.34M
Financing Cash Flow	20.63M	-15.71M	4.79M	-22.61M	116.04M	90.57M

Hevol Services Group Co. Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.71
• 50DMA: Negative
• 100DMA: Negative
• 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:6093, the sentiment is Neutral. The current price of 0.71 is above the 20-day moving average (MA) of 0.69, below the 50-day MA of 0.73, and below the 200-day MA of 1.14, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 49.16 is Neutral, neither overbought nor oversold. The STOCH value of 60.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:6093.

Hevol Services Group Co. Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1502	74 Outperform	HK$814.23M	6.84	8.63%	7.93%	16.65%	-8.74%
1895	73 Outperform	HK$314.31M	3.00	15.85%	10.19%	11.13%	142.00%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
2270	64 Neutral	HK$2.28B	58.32	11.60%	―	21.08%	-18.26%
3662	63 Neutral	HK$334.08M	7.84	3.28%	6.52%	-14.43%	-77.55%
6093	62 Neutral	HK$425.60M	21.90	2.59%	―	3.93%	-71.60%
2215	58 Neutral	HK$431.40M	12.63	4.11%	―	-7.17%	-22.01%

Hevol Services Group Co. Limited Corporate Events

Hevol Services Group Announces Board Restructuring

Hevol Services Group Co. Limited has announced changes in its board composition, reflecting a strategic shift in its governance structure. Dr. Li Yongrui has resigned from his roles as an independent non-executive director and chairman of both the Nomination and Remuneration Committees to focus on other business commitments. In his place, Dr. Chen Lei will serve as the chairman of the Remuneration Committee, Mr. Qian Hongji will take over as chairman of the Nomination Committee, and Ms. Hu Hongfang will join the Remuneration Committee as a member. These changes are effective from September 26, 2025, and are expected to bring fresh perspectives to the company’s board operations.

The most recent analyst rating on (HK:6093) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Hevol Services Group Co. Limited stock, see the HK:6093 Stock Forecast page.

Hevol Services Group Announces Board and Committee Roles

Hevol Services Group Co. Limited has announced the composition of its board of directors and the roles within its three key committees: Audit, Remuneration, and Nomination. This organizational update is likely to impact the company’s governance structure, potentially influencing its operational efficiency and strategic decision-making.

The most recent analyst rating on (HK:6093) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Hevol Services Group Co. Limited stock, see the HK:6093 Stock Forecast page.

Hevol Services Group Announces Change of Business Address in Hong Kong

Hevol Services Group Co. Limited has announced a change in its principal place of business in Hong Kong, effective from August 28, 2025. The new address will be Room 6706, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong. This change does not affect the company’s headquarters, website, telephone, or facsimile numbers, indicating a strategic move without disrupting existing operations.

The most recent analyst rating on (HK:6093) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Hevol Services Group Co. Limited stock, see the HK:6093 Stock Forecast page.

Hevol Services Group Reports Revenue Growth Amid Profit Decline

Hevol Services Group Co. Limited reported a 4.4% increase in total revenue to RMB701.4 million for the first half of 2025 compared to the same period in 2024. However, the company faced a significant decline in profit after tax, which fell by 73.8% to RMB14.2 million. Additionally, the group’s total gross floor area under management decreased by 8.7%, indicating potential challenges in maintaining its market position.

The most recent analyst rating on (HK:6093) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Hevol Services Group Co. Limited stock, see the HK:6093 Stock Forecast page.

Hevol Services Group Issues Supplemental Profit Warning

Hevol Services Group Co. Limited has issued a supplemental announcement regarding its profit warning for the six months ending June 30, 2025. The company anticipates a significant decline in profit attributable to shareholders, ranging from approximately RMB2.0 million to RMB4.0 million, compared to RMB39.5 million for the same period in 2024. This decline is based on a preliminary review of unaudited management accounts. Stakeholders are advised to exercise caution when dealing in the company’s securities, as the final unaudited interim results are yet to be finalized and may differ from current estimates.

The most recent analyst rating on (HK:6093) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Hevol Services Group Co. Limited stock, see the HK:6093 Stock Forecast page.

Hevol Services Group Issues Profit Warning Amid Market Expansion Efforts

Hevol Services Group Co. Limited has issued a profit warning, anticipating a significant decrease in net profit for the first half of 2025 compared to the same period in 2024. The expected decline is attributed to lower gross profit margins from new projects, increased credit impairment provisions, and a one-off loss from the disposal of a major equity interest. Stakeholders are advised to exercise caution as the company finalizes its unaudited interim results.