Sino-Ocean Service Holding Ltd. (6677) AI Stock Analysis

• Market Cap: HK$503.20M
• Dividend Yield: 6.96%
• Average Volume (3M): 526.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.49
• Revenue Growth: -7.62%
• EPS Growth: -1151.82%
• Country: HK
• Employees: 8,585
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.28
• Shares Outstanding: 1,184,000,000
• 10 Day Avg. Volume: 262,052
• 30 Day Avg. Volume: 526,624
• PEG Ratio: -0.73
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.23
• P/FCF Ratio: 6.51
• 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: 48 Neutral
• Price Target: HK$0.50 ▲(19.05% Upside)

Sino-Ocean Service Holding Ltd. faces significant challenges, primarily due to declining financial performance and bearish technical indicators. The negative P/E ratio further weighs on the valuation, although the high dividend yield offers some appeal. The lack of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Strong Balance Sheet

A strong balance sheet with low leverage provides financial stability and flexibility, allowing the company to navigate economic challenges and invest in growth opportunities.

Stable Revenue Streams

Long-term contracts ensure consistent revenue, enhancing financial predictability and supporting strategic planning and investments in service expansion.

Growing Demand for Services

The increasing urbanization in China boosts demand for property management, providing growth opportunities for companies with established market presence and service offerings.

Negative Factors

Declining Revenue

Declining revenue indicates challenges in maintaining market share or pricing power, potentially impacting long-term growth and profitability.

Negative Cash Flow

Negative cash flow from operations can strain liquidity and limit the company's ability to fund operations, invest in growth, or return capital to shareholders.

Decreasing Profit Margins

Decreasing profit margins suggest rising costs or pricing pressures, which can erode profitability and reduce the company's ability to reinvest in its business.

Sino-Ocean Service Holding Ltd. Business Overview & Revenue Model

Company Description

Sino-Ocean Service Holding Ltd. (6677) is a leading integrated service provider in the real estate sector, primarily focused on property management and related services in China. The company operates across various segments, including residential and commercial property management, as well as value-added services such as facility management, cleaning, and security services. With a commitment to enhancing living and working environments, Sino-Ocean Service is positioned to capitalize on the growing demand for professional property management solutions in China's rapidly urbanizing landscape.

How the Company Makes Money

Sino-Ocean Service Holding Ltd. generates revenue primarily through its property management services, which include fees collected from managing residential and commercial properties. Key revenue streams comprise management fees, service charges from residents and tenants, and income from ancillary services like security and maintenance. The company also benefits from long-term contracts with property developers and real estate owners, providing a stable income source. Additionally, partnerships with real estate developers allow Sino-Ocean to secure management contracts for new properties, further enhancing its revenue potential. The increasing demand for quality property management in urban areas, coupled with their established reputation, contributes significantly to their earnings.

Sino-Ocean Service Holding Ltd. Financial Statement Overview

Summary

Sino-Ocean Service Holding Ltd. faces challenges with declining revenues, profitability, and negative cash flows, despite maintaining a strong balance sheet with low leverage. The company needs to address operational efficiency to improve profitability and cash generation.

Income Statement

Sino-Ocean Service Holding Ltd. has shown declining revenue in recent years with a 9.35% decrease from 2022 to 2023. The gross profit margin has decreased to 18.22% in 2023 from 23.53% in 2022, indicating pressure on profitability. The net profit margin also decreased to 1.34% from 2.6% in the previous year. These trends highlight significant challenges in maintaining profitability.

Balance Sheet

The company maintains a strong equity position with a debt-to-equity ratio of 0.0036 in 2023, indicating low leverage. The equity ratio remains stable at around 51.96%. However, the return on equity has decreased to 2.01% in 2023 from 3.43% in 2022, reflecting reduced profitability on equity employed.

Cash Flow

Operating cash flow was negative in recent years, with -111,122,000 in 2023, indicating cash flow challenges. Free cash flow has also been negative, showing no improvement in liquidity. The lack of positive cash flow from operations could pose risks if this trend continues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.79B	2.84B	3.13B	3.33B	2.97B	2.02B
Gross Profit	352.49M	517.28M	597.74M	769.44M	824.84M	511.30M
EBITDA	-116.04M	144.66M	187.30M	157.92M	585.22M	489.02M
Net Income	-340.53M	28.91M	42.15M	75.75M	439.02M	257.63M
Balance Sheet
Total Assets	3.76B	4.02B	4.04B	4.09B	3.83B	3.09B
Cash, Cash Equivalents and Short-Term Investments	759.12M	761.14M	678.88M	501.45M	2.53B	2.18B
Total Debt	8.83M	5.61M	7.67M	16.68M	21.14M	12.73M
Total Liabilities	1.94B	1.89B	1.89B	1.83B	1.39B	1.04B
Stockholders Equity	1.79B	2.10B	2.10B	2.26B	2.40B	2.03B
Cash Flow
Free Cash Flow	50.79M	102.53M	-127.14M	-141.41M	494.80M	352.31M
Operating Cash Flow	58.12M	115.55M	-111.12M	-43.57M	509.74M	361.35M
Investing Cash Flow	12.27M	34.97M	506.79M	-1.71B	-56.39M	2.82B
Financing Cash Flow	-19.08M	-40.06M	-210.46M	-291.99M	-92.95M	-1.42B

Sino-Ocean Service Holding Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6677, the sentiment is Negative. The current price of 0.42 is below the 20-day moving average (MA) of 0.44, below the 50-day MA of 0.46, and below the 200-day MA of 0.52, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 29.42 is Positive, neither overbought nor oversold. The STOCH value of 10.37 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:6677.

Sino-Ocean Service Holding Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2205	66 Neutral	HK$959.00M	23.29	5.26%	4.83%	-5.08%	27.33%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
6093	62 Neutral	HK$425.60M	21.61	2.59%	―	3.93%	-71.60%
0021	54 Neutral	HK$373.67M	-10.80	-4.27%	―	1303.01%	-45.00%
2215	53 Neutral	HK$321.26M	10.22	4.11%	―	-7.17%	-22.01%
6677	48 Neutral	HK$503.20M	-1.31	-17.20%	6.96%	-7.62%	-1151.82%
3913	44 Neutral	HK$441.64M	-0.44	-29.80%	―	-15.03%	-3600.73%

Sino-Ocean Service Holding Ltd. Corporate Events

Sino-Ocean Service’s Resolution Passed at Extraordinary General Meeting

Sino-Ocean Service Holding Limited announced that an ordinary resolution was successfully passed by independent shareholders during an extraordinary general meeting held on October 31, 2025. The resolution involved approving a Framework Agreement and related transactions, with all votes cast in favor. This outcome signifies a strategic move for the company, potentially impacting its operational dynamics and stakeholder interests positively.

Sino-Ocean Service Holding Ltd. Announces EGM for Framework Agreement Approval

Sino-Ocean Service Holding Ltd. has announced an Extraordinary General Meeting (EGM) scheduled for October 31, 2025, to approve a Framework Agreement and related transactions. This meeting is significant for the company as it involves ratifying important agreements that could impact its operational strategies and stakeholder interests. Shareholders are encouraged to participate, with provisions made for proxy voting to ensure broad representation.

Sino-Ocean Service Delays Circular Dispatch, Sets EGM Date

Sino-Ocean Service Holding Limited has announced a further delay in the dispatch of its Circular related to a major and connected transaction, now expected around 15 October 2025. The delay is due to the additional time required to finalize the contents of the Circular, which includes details of the Framework Agreement and associated transactions, recommendations, and valuation reports. The Extraordinary General Meeting (EGM) to approve these transactions is scheduled for 31 October 2025, with the register of members closed from 27 to 31 October 2025 to determine voting eligibility.

Sino-Ocean Service Holding Ltd. Announces Further Delay in Transaction Circular Dispatch

Sino-Ocean Service Holding Ltd. announced a further delay in the dispatch of a circular related to a major and connected transaction. The circular, which includes important details such as the Framework Agreement, recommendations, and valuation reports, was initially expected to be sent out by 25 September 2025 but is now postponed to around 9 October 2025 due to additional time required for finalizing its contents. This delay may impact the company’s operational timeline and stakeholder engagement concerning the transaction.