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

• Market Cap: HK$663.04M
• Dividend Yield: 9.79%
• Average Volume (3M): 276.45K
• Price to Earnings (P/E): 22.6
• Beta (1Y): 1.53
• Revenue Growth: -11.10%
• EPS Growth: -40.00%
• Country: HK
• Employees: 8,585
• Sector: Real Estate
• Sector Strength: 55
• Industry: Real Estate - Services
• EPS (TTM): -0.03
• Shares Outstanding: 1,184,000,000
• 10 Day Avg. Volume: 239,600
• 30 Day Avg. Volume: 276,450
• PEG Ratio: 0.09
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 14.30
• 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

• Rating: 66 Neutral
• Price Target: HK$0.50 ▼(-16.67%Downside)

Sino-Ocean Service Holding Ltd. has a moderate stock score driven by strong technical indicators and a high dividend yield. However, significant challenges in financial performance, particularly in revenue, profitability, and cash flows, present substantial risks. The stock's valuation suggests it may be overvalued.

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. 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. faces significant challenges with declining revenues, profitability, and negative cash flows, despite maintaining a strong balance sheet with low leverage. The income statement and cash flow issues heavily weigh down the financial performance score.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.84B	3.13B	3.27B	2.97B	2.02B
Gross Profit	517.28M	597.74M	769.44M	824.84M	511.30M
EBITDA	144.66M	187.30M	157.92M	585.22M	489.02M
Net Income	28.91M	42.15M	75.75M	439.02M	257.63M
Balance Sheet
Total Assets	4.02B	4.04B	4.09B	3.83B	3.09B
Cash, Cash Equivalents and Short-Term Investments	761.14M	678.88M	471.70M	2.53B	2.18B
Total Debt	5.61M	7.67M	16.68M	21.14M	12.73M
Total Liabilities	1.89B	1.89B	1.83B	1.39B	1.04B
Stockholders Equity	2.10B	2.10B	2.21B	2.40B	2.03B
Cash Flow
Free Cash Flow	102.53M	-127.14M	-141.41M	494.80M	352.31M
Operating Cash Flow	115.55M	-111.12M	-43.57M	509.74M	361.35M
Investing Cash Flow	34.97M	506.79M	-1.71B	-56.39M	2.82B
Financing Cash Flow	-40.06M	-210.46M	-291.99M	-92.95M	-1.42B

Sino-Ocean Service Holding Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.60
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6677, the sentiment is Positive. The current price of 0.6 is above the 20-day moving average (MA) of 0.54, above the 50-day MA of 0.51, and above the 200-day MA of 0.57, indicating a bullish trend. The MACD of 0.01 indicates Negative momentum. The RSI at 66.99 is Neutral, neither overbought nor oversold. The STOCH value of 71.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	73 Outperform	HK$483.00M	9.20	6.75%	8.41%	0.99%	18.86%
6093	67 Neutral	HK$700.00M	12.06	7.83%	―	1.96%	-32.15%
6677	66 Neutral	HK$663.04M	22.64	1.38%	9.79%	-11.10%	-40.00%
Sector *	64 Neutral	$6.92B	18.66	-1.93%	6.85%	4.65%	-25.39%
2215	61 Neutral	HK$624.16M	17.45	5.41%	―	-4.12%	-38.34%
0021	55 Neutral	HK$481.00M	28.37	2.08%	―	450.21%	―
3913	45 Neutral	HK$587.50M	24.82	-18.37%	―	-8.92%	-1831.64%

Sino-Ocean Service Holding Ltd. Corporate Events

Sino-Ocean Service Holding Ltd. Announces Changes in Nomination Committee

Sino-Ocean Service Holding Ltd. has announced changes in its Nomination Committee, effective June 30, 2025. Ms. Zhu Geying has been appointed as a member, Mr. Cui Hongjie has been appointed as the chairman, and Mr. Yang Deyong has stepped down from his roles in the committee. These changes may impact the company’s governance and strategic direction.

Sino-Ocean Service Announces Board Composition and Committee Roles

Sino-Ocean Service Holding Ltd. has announced the composition of its board of directors, highlighting the roles and functions of each member. The announcement includes the structure of three key board committees: Audit, Nomination, and Remuneration, which are crucial for the company’s governance and strategic decision-making processes.

Sino-Ocean Service Holding Limited Enhances Governance with New Nomination Committee

Sino-Ocean Service Holding Limited has established a nomination committee to oversee the nomination process for its board of directors. The committee will consist of at least three members, primarily independent non-executive directors, and will be responsible for ensuring diversity and proper governance in board appointments. This move is expected to enhance the company’s corporate governance structure and ensure a balanced representation in its leadership, potentially impacting its market position positively.

Sino-Ocean Service Holding Ltd. Enhances Governance with New Audit Committee

Sino-Ocean Service Holding Limited has established an audit committee to enhance its governance structure, composed primarily of independent non-executive directors. This move is expected to strengthen the company’s oversight and compliance with financial regulations, potentially improving stakeholder confidence and aligning with industry best practices.

Sino-Ocean Service Holding Ltd. AGM Resolutions Unanimously Approved

Sino-Ocean Service Holding Ltd. announced that all proposed resolutions at its Annual General Meeting held on May 30, 2025, were approved by shareholders. Key resolutions included the re-election of directors, authorization for directors’ remuneration, re-appointment of auditors, and granting mandates for share issuance and buybacks. The unanimous approval of these resolutions reflects strong shareholder support and positions the company for continued operational stability and strategic flexibility.

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

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

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

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.