Yuexiu Services Group Ltd. (6626) AI Stock Analysis

• Market Cap: HK$3.74B
• Dividend Yield: 6.87%
• Average Volume (3M): 1.26M
• Price to Earnings (P/E): 11.1
• Beta (1Y): 0.64
• Revenue Growth: 5.13%
• EPS Growth: -38.76%
• Country: HK
• Employees: 10,422
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): 0.18
• Shares Outstanding: 1,502,212,200
• 10 Day Avg. Volume: 894,521
• 30 Day Avg. Volume: 1,262,307
• PEG Ratio: -0.47
• Price to Book (P/B): 1.34
• Price to Sales (P/S): 1.21
• P/FCF Ratio: 12.62
• 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): 2.49
• Revenue Forecast (FY): HK$36.22B

• Rating: 70 Outperform
• Price Target: HK$3.00 ▲(19.05% Upside)

The overall stock score is driven primarily by strong financial performance and attractive valuation, with a high dividend yield. However, technical analysis indicates bearish momentum, which could pose short-term risks. The absence of earnings call and corporate events data limits the analysis.

Yuexiu Services Group Ltd. Business Overview & Revenue Model

Company Description

Yuexiu Services Group Limited, an investment holding company, engages in the provision of non-commercial and commercial property management in the People's Republic of China and Hong Kong. The company operates through two segments: Non-Commercial Property Management and Value-Added Services; and Commercial Property Management and Operational Services. The Non-Commercial Property Management and Value-Added Services segment provides cleaning, security, gardening, and repair and maintenance services; sale of office and display unit management and pre-delivery support, sale of carpark space assistance, ancillary property leasing, and preliminary planning and design consultancy services; decoration, home-living, space operation, and other community value-added services. The Commercial Property Management and Operational Services segment offers in the commercial operation and management services; market positioning consultancy; and tenant sourcing services. It also provides agency, security, and contract consulting services. The company was formerly known as Yuexiu Property Management Holding Limited and changed its name to Yuexiu Services Group Limited in January 2021. Yuexiu Services Group Limited was founded in 1992 and is based in Hong Kong.

How the Company Makes Money

Yuexiu Services Group Ltd. generates revenue through multiple streams primarily focused on its property management and ancillary services. The core revenue comes from property management fees charged to property developers and owners for managing residential and commercial properties. Additionally, the company earns income from facilities management services, which include maintenance, security, and cleaning services. Environmental management services also contribute to revenue, targeting sustainable waste disposal and recycling solutions. Yuexiu Services has formed strategic partnerships with property developers and local governments, which bolster its service offerings and expand its client base. The company's focus on enhancing service quality and operational efficiency further supports its revenue growth.

Yuexiu Services Group Ltd. Financial Statement Overview

Summary

Yuexiu Services Group shows strong revenue growth and solid operational performance, with a stable gross profit margin. However, profitability has weakened recently, as indicated by a declining net profit margin. The balance sheet is robust with low leverage and a strong equity base, but declining ROE suggests diminishing returns for shareholders. The cash flow analysis is constrained by missing data, highlighting potential risks in cash management.

Income Statement

The company shows strong revenue growth with an increase from 1,168 million in 2020 to 3,868 million in 2024. Gross profit margin has remained stable around 23% to 25%, indicating efficient cost management. However, net profit margin has seen a decline from 15.7% in 2023 to 9.1% in 2024, suggesting reduced profitability. EBIT and EBITDA margins have been consistent, reflecting solid operational performance.

Balance Sheet

Yuexiu Services Group maintains a strong equity position, with an equity ratio improving from 25.5% in 2019 to 52.9% in 2024, demonstrating financial stability. The debt-to-equity ratio is low at 0.03, indicating low leverage and reduced financial risk. ROE has decreased from 14.1% in 2023 to 10.1% in 2024, signaling a decline in shareholder returns.

Cash Flow

The company's cash flow situation is mixed. Operating cash flow to net income ratio is not available for 2024 due to zero reported operating cash flow, which raises concerns about cash generation. Free cash flow growth has been robust in previous years, but the lack of current data limits comprehensive analysis.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.87B	3.87B	3.22B	2.49B	1.92B	1.17B
Gross Profit	812.20M	901.62M	856.63M	679.44M	670.83M	403.29M
EBITDA	551.02M	618.99M	778.40M	658.08M	603.99M	384.74M
Net Income	314.96M	352.92M	487.02M	416.10M	359.54M	199.13M
Balance Sheet
Total Assets	6.98B	6.62B	6.41B	5.95B	5.13B	2.41B
Cash, Cash Equivalents and Short-Term Investments	2.56B	2.47B	4.66B	4.36B	3.80B	994.63M
Total Debt	103.09M	119.45M	108.13M	78.84M	55.02M	115.40M
Total Liabilities	3.30B	3.03B	2.79B	2.56B	2.04B	1.65B
Stockholders Equity	3.60B	3.50B	3.44B	3.22B	2.93B	614.62M
Cash Flow
Free Cash Flow	169.68M	370.76M	674.11M	730.29M	969.94M	436.16M
Operating Cash Flow	180.84M	389.99M	695.01M	750.42M	998.12M	450.27M
Investing Cash Flow	-577.50M	-2.71B	-28.23M	-22.47M	137.58M	1.03B
Financing Cash Flow	-333.84M	-375.77M	-327.29M	-184.45M	1.69B	-1.25B

Yuexiu Services Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.52
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6626, the sentiment is Negative. The current price of 2.52 is above the 20-day moving average (MA) of 2.52, below the 50-day MA of 2.54, and below the 200-day MA of 2.75, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 41.28 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6626.

Yuexiu Services Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6049	78 Outperform	HK$19.08B	11.58	15.94%	4.25%	6.54%	3.26%
6626	70 Outperform	HK$3.74B	11.06	8.96%	6.87%	5.13%	-38.76%
2869	70 Outperform	HK$14.03B	16.34	10.30%	2.86%	-0.95%	14.89%
6098	66 Neutral	HK$21.30B	14.36	3.72%	4.77%	7.23%	―
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
6666	62 Neutral	HK$15.14B	14.11	185.17%	―	4.74%	-21.33%
2602	58 Neutral	HK$26.21B	20.66	7.08%	1.70%	5.75%	-31.63%

Yuexiu Services Group Ltd. Corporate Events

Yuexiu Services Group Ltd. Announces General Meeting to Approve 2026 Financial Agreement

Yuexiu Services Group Ltd. has announced a general meeting to be held on December 18, 2025, in Hong Kong. The meeting will focus on approving the 2026 Bank Deposits and Ancillary Services Agreement, which includes new annual caps for transactions. This move is significant for the company’s financial operations and could impact its strategic positioning and stakeholder interests.

Yuexiu Services Group Ltd. Announces New 2026 Bank Deposits Agreement

Yuexiu Services Group Ltd. has entered into a new agreement titled the 2026 Bank Deposits And Ancillary Services Agreement, which is set to take effect after the expiration of the 2023 Bank Deposits Agreement on December 31, 2025. This new agreement, lasting three years, aims to renew the previous agreement and expand its scope to include ancillary services provided by the CHB Group. The agreement is classified as a continuing connected transaction under Hong Kong’s Listing Rules, requiring approval from independent shareholders due to its significant financial implications.

Yuexiu Services Group Announces Director Resignation

Yuexiu Services Group Ltd. announced the resignation of Mr. Zhang Jianguo from his position as a non-executive director, effective September 8, 2025, due to a job reassignment within the Yuexiu property group. The company expressed gratitude for Mr. Zhang’s contributions and confirmed that there were no disagreements or issues related to his departure.

Yuexiu Services Group Ltd. Announces Board Composition and Committee Roles

Yuexiu Services Group Ltd. announced the composition of its Board of Directors, highlighting the roles and functions of each member. The board consists of executive, non-executive, and independent non-executive directors, with Jiang Guoxiong serving as the Chairman. The announcement also detailed the membership of five board committees, emphasizing the company’s commitment to structured governance and oversight.