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Sino-Ocean Service Holding Ltd. (HK:6677)
:6677
Hong Kong Market

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

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HK

Sino-Ocean Service Holding Ltd.

(6677)

Rating:55Neutral
Price Target:
Sino-Ocean Service Holding Ltd. has notable challenges, including declining revenues and negative cash flows, offset by a strong balance sheet. The technical analysis indicates a downward trend, with potential for stabilization. Valuation is mixed, featuring a high P/E ratio but an attractive dividend yield. The overall score reflects a need for operational improvements to enhance financial health and market performance.

Sino-Ocean Service Holding Ltd. (6677) vs. iShares MSCI Hong Kong ETF (EWH)

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

Company DescriptionSino-Ocean Service Holding Ltd. (6677) is a prominent property management service provider in China, focusing on delivering a comprehensive range of services. The company operates primarily in the property management sector, catering to residential, commercial, and public property owners. Its core services include property management, community value-added services, and non-owner value-added services, ensuring a high-quality living and working environment for its clients.
How the Company Makes MoneySino-Ocean Service Holding Ltd. makes money through multiple revenue streams centered around its property management services. The primary source of income is the fees charged for property management services, which include cleaning, security, landscaping, and maintenance for residential and commercial properties. Additionally, the company generates revenue from community value-added services, offering tailored services such as home improvement, housekeeping, and community activities that enhance the living experience for property owners. Non-owner value-added services, which include services provided to property developers and other non-residential clients, also contribute to the company's earnings. These diversified revenue streams, combined with strategic partnerships and an expanding portfolio, support its financial growth.

Sino-Ocean Service Holding Ltd. Financial Statement Overview

Summary
Sino-Ocean Service Holding Ltd. is experiencing declining revenues, reduced profitability, and negative cash flows, despite a strong balance sheet with low leverage. The company faces challenges in operational efficiency, which need addressing to improve profitability and cash generation.
Income Statement
55
Neutral
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
70
Positive
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
50
Neutral
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
Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
2.84B3.13B3.27B2.97B2.02B
Gross Profit
517.28M597.74M769.44M824.84M511.30M
EBIT
16.56M73.22M583.76M524.56M445.49M
EBITDA
144.66M187.30M157.92M585.22M489.02M
Net Income Common Stockholders
28.91M42.15M75.75M439.02M257.63M
Balance SheetCash, Cash Equivalents and Short-Term Investments
761.14M678.88M471.70M2.53B2.18B
Total Assets
4.02B4.04B4.09B3.83B3.09B
Total Debt
5.61M7.67M16.68M21.14M12.73M
Net Debt
-755.53M-643.88M-455.02M-2.51B-2.16B
Total Liabilities
1.89B1.89B1.83B1.39B1.04B
Stockholders Equity
2.10B2.10B2.21B2.40B2.03B
Cash FlowFree Cash Flow
0.00-127.14M-141.41M494.80M352.31M
Operating Cash Flow
0.00-111.12M-43.57M509.74M361.35M
Investing Cash Flow
0.00506.79M-1.71B-56.39M2.82B
Financing Cash Flow
0.00-210.46M-291.99M-92.95M-1.42B

Sino-Ocean Service Holding Ltd. Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.51
Price Trends
50DMA
0.49
Positive
100DMA
0.55
Negative
200DMA
0.56
Negative
Market Momentum
MACD
<0.01
Negative
RSI
52.61
Neutral
STOCH
78.21
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6677, the sentiment is Neutral. The current price of 0.51 is above the 20-day moving average (MA) of 0.50, above the 50-day MA of 0.49, and below the 200-day MA of 0.56, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 52.61 is Neutral, neither overbought nor oversold. The STOCH value of 78.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:6677.

Sino-Ocean Service Holding Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
HK$13.64B18.418.94%3.46%1.01%12.45%
68
Neutral
$22.07B11.244.96%0.31%1.31%379.84%
67
Neutral
HK$377.65M3.628.37%5.52%-14.98%-39.71%
61
Neutral
$2.83B10.720.40%6.10%5.80%-21.26%
55
Neutral
HK$603.84M19.251.38%10.74%-11.10%-40.00%
46
Neutral
€4.23B-29.17%2.18%-11.94%-756.32%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6677
Sino-Ocean Service Holding Ltd.
0.51
0.04
8.51%
HK:3662
Aoyuan Healthy Life Group Co. Ltd.
0.52
-0.03
-5.45%
HK:2869
Greentown Service Group Co. Ltd.
4.34
0.82
23.30%
HK:6098
Country Garden Services Holdings Co
6.60
1.80
37.61%
HK:3319
A-Living Smart City Services Co., Ltd. Class H
2.95
<0.01
0.20%

Sino-Ocean Service Holding Ltd. Corporate Events

Sino-Ocean Service Holding Ltd. Announces 2025 AGM and Key Resolutions
Apr 28, 2025

Sino-Ocean Service Holding Ltd. has announced its upcoming Annual General Meeting (AGM) scheduled for May 30, 2025, in Beijing. Key agenda items include the adoption of the 2024 financial statements, re-election of several directors, and re-appointment of BDO Limited as auditor. Additionally, resolutions will be considered to authorize the board to manage share allotments and related financial instruments, potentially impacting the company’s capital structure and market operations.

Sino-Ocean Service Holding Ltd. Appoints New Non-Executive Director
Apr 22, 2025

Sino-Ocean Service Holding Ltd. has announced the appointment of Mr. Zhai Senlin as a non-executive director and a member of its audit committee, effective from April 22, 2025. Mr. Zhai, who has extensive experience in project investment and strategic resources integration, is currently the general manager of the investment development center at Sino-Ocean Group Holding Limited. This appointment is part of the company’s strategic efforts to strengthen its board with experienced professionals, potentially enhancing its governance and operational oversight.

Sino-Ocean Service Announces Board Composition and Roles
Apr 22, 2025

Sino-Ocean Service Holding Limited has announced the composition of its board of directors, detailing the roles and functions of each member. This announcement outlines the leadership structure and committee memberships, which could influence the company’s strategic direction and governance practices.

Sino-Ocean Service Announces Share Charge Amid Debt Restructuring
Mar 27, 2025

Sino-Ocean Service Holding Limited announced a charge over 605,600,000 of its shares, representing about 51.15% of its issued share capital, as part of a restructuring of Sino-Ocean Group’s offshore indebtedness. This move, involving Shine Wind Development Limited and GLAS Trust Corporation Limited, does not impact Sino-Ocean Group’s status as a controlling shareholder or the company’s operations.

Sino-Ocean Service Holding Ltd. Sees Winding-Up Petition Dismissed
Mar 17, 2025

Sino-Ocean Service Holding Ltd. announced that the winding-up petition against its holding company, Sino-Ocean Group, has been dismissed by the High Court as of March 17, 2025. This dismissal removes a significant legal hurdle and may positively impact the company’s operations and market positioning, though stakeholders are advised to remain cautious when dealing with the company’s securities.

Sino-Ocean Service to Announce 2024 Financial Results and Dividend Decision
Mar 12, 2025

Sino-Ocean Service Holding Limited has announced that its board of directors will meet on March 24, 2025, to approve the company’s final results for the year ending December 31, 2024. The meeting will also consider the recommendation for the payment of a final dividend. This announcement is significant as it outlines the company’s upcoming financial disclosures and potential dividend decisions, which are crucial for stakeholders and investors in assessing the company’s financial health and future prospects.

Sino-Ocean Service’s Winding-Up Petition Hearing Adjourned
Feb 14, 2025

Sino-Ocean Service Holding Limited announced the adjournment of a winding-up petition hearing against its holding company, Sino-Ocean Group. The High Court has rescheduled the hearing from 17 February 2025 to 14 April 2025 following a consensual application. The company will continue to monitor the situation and update the public on any significant developments. Stakeholders and potential investors are advised to exercise caution when dealing with the company’s securities.

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.