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

• Market Cap: HK$497.28M
• Dividend Yield: 7.31%
• Average Volume (3M): 526.62K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.40
• 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: N/A
• 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 Limited, an investment holding company, primarily offers property management services in the People's Republic of China. The company's property management services comprising security, cleaning, greening, gardening, and repair and maintenance services to property owners and residents, as well as property developers. The company's property management portfolio covers residential properties; commercial properties comprising office buildings and shopping malls; and public and other properties consisting of hospitals, public service facilities, government buildings, and schools. Its value-added services, such as pre-delivery services to property developers to assist with their sales and marketing activities at property sales venues and display units; consultancy services to assist with the overall planning and management of pre-sale activities; and property engineering services. The company's community value-added services include carpark management and community space operation services; community living services, such as home appliances maintenance and repair services, retail sale of commodities, home decoration services, housekeeping, and other bespoke services; and property brokerage services to property owners and residents of its managed properties. It also offers information technology services. The company was founded in 1997 and is headquartered in Beijing, the People's Republic of China. Sino-Ocean Service Holding Limited is a subsidiary of Shine Wind Development Limited.

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: Neutral
• Last Price: 0.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 0.42 is above the 20-day moving average (MA) of 0.42, below the 50-day MA of 0.44, and below the 200-day MA of 0.50, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 57.80 is Neutral, neither overbought nor oversold. The STOCH value of 86.11 is Negative, 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2205	66 Neutral	HK$945.00M	22.30	5.26%	4.14%	-5.08%	27.33%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
6093	62 Neutral	HK$420.00M	23.92	2.59%	―	3.93%	-71.60%
2215	58 Neutral	HK$243.24M	7.12	4.11%	―	-7.17%	-22.01%
0021	54 Neutral	HK$405.47M	-11.72	-4.27%	―	1303.01%	-45.00%
6677	48 Neutral	HK$497.28M	-1.39	-17.20%	7.31%	-7.62%	-1151.82%
3913	44 Neutral	HK$427.46M	-0.45	-29.80%	―	-15.03%	-3600.73%

Sino-Ocean Service Holding Ltd. Corporate Events

Sino-Ocean Service Announces Key Executive Change

Sino-Ocean Service Holding Limited has announced a change in its executive team, with Mr. Sum Pui Ying resigning as company secretary to focus on other engagements. He will be succeeded by Ms. Chan Ka Man, who brings over 20 years of experience in accounting and finance. Ms. Chan’s appointment is expected to strengthen the company’s financial operations and compliance capabilities, potentially enhancing its market positioning and stakeholder confidence.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.

Sino-Ocean Service Renews Key Agreements with Sino-Ocean Group

Sino-Ocean Service Holding Ltd. has announced the renewal of its Continuing Connected Transactions agreements with Sino-Ocean Group Company for the period ending 31 December 2028. These agreements, which include both partially exempt and non-exempt transactions, are significant as they ensure ongoing business operations between the two entities. The renewal requires compliance with Hong Kong’s Listing Rules, including reporting and approval processes. An Extraordinary General Meeting (EGM) will be held for Independent Shareholders to approve the non-exempt agreements, with Red Sun Capital Limited advising on the matter.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.

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.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.

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.

The most recent analyst rating on (HK:6677) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Sino-Ocean Service Holding Ltd. stock, see the HK:6677 Stock Forecast page.