Excellence Commercial Property & Facilities Management Group Limited (6989) AI Stock Analysis

• Market Cap: HK$1.68B
• Dividend Yield: 71.44%
• Average Volume (3M): 401.07K
• Price to Earnings (P/E): 5.0
• Beta (1Y): 1.12
• Revenue Growth: 5.84%
• EPS Growth: 0.84%
• Country: HK
• Employees: 17,873
• Sector: Real Estate
• Sector Strength: 70
• Industry: Real Estate - Services
• EPS (TTM): 0.28
• Shares Outstanding: 1,220,348,000
• 10 Day Avg. Volume: 334,800
• 30 Day Avg. Volume: 401,066
• PEG Ratio: -0.60
• Price to Book (P/B): 1.16
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 23.39
• 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: 70 Outperform
• Price Target: ―

Excellence Commercial Property & Facilities Management Group Limited shows strong financial stability and attractive valuation, with low leverage and a high dividend yield. However, negative operating cash flow poses a risk to liquidity. Technical indicators suggest a neutral market sentiment, with potential for price consolidation. Overall, the stock is a balanced investment with notable strengths in valuation and financial stability, but with caution warranted on cash flow management.

Excellence Commercial Property & Facilities Management Group Limited Business Overview & Revenue Model

Company Description

Excellence Commercial Property & Facilities Management Group Limited (6989) operates in the field of property and facilities management. The company specializes in providing comprehensive management services for commercial properties, including office buildings, retail spaces, and industrial facilities. Its core services encompass property management, facilities management, asset management, and related consultancy services, aiming to enhance the operational efficiency and value of the properties under its care.

How the Company Makes Money

The company generates revenue through a diversified model primarily focused on service fees for its management offerings. It earns income by charging property owners and investors for managing their assets, which includes maintenance, leasing, tenant relations, and operational management services. Additionally, the company may engage in value-added services such as consultancy, which involves advising on property investment strategies and asset optimization. Significant partnerships with real estate developers, property owners, and institutional investors contribute to expanding its client base and revenue potential. The company may also benefit from economies of scale by managing a large portfolio of properties, thereby optimizing its operational costs and enhancing profitability.

Excellence Commercial Property & Facilities Management Group Limited Financial Statement Overview

Summary

Excellence Commercial Property & Facilities Management Group Limited demonstrates solid revenue growth and financial stability with low leverage. However, cash flow challenges are evident, with negative operating cash flow that could impact liquidity if not addressed. The company’s profitability metrics remain healthy, but vigilance on cost management is advised.

Income Statement

The company shows steady revenue growth with a 7.78% increase from 2023 to 2024. Gross profit margin is stable at 18.87% for 2024, indicating consistent profitability. Net profit margin improved slightly to 7.37%, consistent with industry standards. EBIT and EBITDA margins showed slight declines, suggesting potential cost pressures.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.004 and a high equity ratio of 72.53%, highlighting financial stability. Return on Equity decreased slightly to 8.37%, showing efficient use of equity despite the drop.

Cash Flow

The cash flow statement indicates challenges with negative operating cash flow for 2024. Free cash flow growth is unavailable due to missing data, but the substantial negative operating cash flow relative to net income is a concern. This could indicate cash flow management challenges.

Breakdown
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
4.23B	3.93B	3.53B	3.47B	2.53B
	Gross Profit
798.63M	733.61M	844.35M	959.63M	663.81M
	EBIT
434.32M	438.27M	606.82M	777.60M	497.73M
	EBITDA
441.22M	529.37M	681.64M	833.26M	530.02M
	Net Income Common Stockholders
312.09M	302.69M	403.49M	510.09M	324.99M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
965.63M	2.38B	2.56B	3.01B	3.36B
	Total Assets
5.14B	5.20B	5.01B	5.07B	4.93B
	Total Debt
14.53M	40.69M	124.93M	206.75M	523.62M
	Net Debt
-920.90M	-2.12B	-2.44B	-2.80B	-2.79B
	Total Liabilities
1.34B	1.55B	1.42B	1.61B	1.67B
	Stockholders Equity
3.73B	3.58B	3.49B	3.45B	3.18B
Cash Flow		Free Cash Flow
0.00	-199.78M	173.71M	791.87M	418.30M
	Operating Cash Flow
0.00	-185.21M	192.09M	810.06M	434.01M
	Investing Cash Flow
0.00	44.07M	-165.13M	-412.24M	847.17M
	Financing Cash Flow
0.00	-267.70M	-447.07M	-638.62M	1.64B

Excellence Commercial Property & Facilities Management Group Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.38
• 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:6989, the sentiment is Positive. The current price of 1.38 is above the 20-day moving average (MA) of 1.34, above the 50-day MA of 1.30, and above the 200-day MA of 1.24, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 58.37 is Neutral, neither overbought nor oversold. The STOCH value of 55.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6989.

Excellence Commercial Property & Facilities Management Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2669	71 Outperform	$17.80B	10.87		3.14%	―	―
6989	70 Outperform	HK$1.68B	4.98	8.56%	71.44%	5.84%	0.84%
6098	68 Neutral	$22.33B	11.38	4.96%	0.36%	1.31%	379.84%
1995	68 Neutral	HK$3.51B	6.79	9.70%	6.58%	2.68%	8.49%
Sector *	61 Neutral	$2.84B	10.85	0.42%	9.90%	5.94%	-21.26%
1739	46 Neutral	HK$177.28M	―	-13.24%	28.02%	-12.47%	-30.56%
3319	46 Neutral	HK$4.12B	―	-29.17%	17.69%	-11.94%	-756.32%

Excellence Commercial Property & Facilities Management Group Limited Corporate Events

Excellence Commercial Property & Facilities Management Group Announces AGM and Key Resolutions

Excellence Commercial Property & Facilities Management Group Limited has announced its upcoming Annual General Meeting (AGM) scheduled for May 27, 2025, in Shenzhen, China. Key agenda items include the adoption of financial statements for 2024, approval of a final dividend, re-election of directors, and re-appointment of KPMG as auditors. The meeting will also address the authorization for directors to issue additional shares, which could impact the company’s capital structure and shareholder value.

Excellence CM Reports Revenue Growth Amid Dividend Reduction

Excellence Commercial Property & Facilities Management Group Limited reported its financial results for the year ended December 31, 2024, showing a revenue increase of 7.8% to approximately RMB4,232.24 million. Despite a rise in revenue and gross profit, the company announced a decrease in total dividends by 26.6% compared to the previous year, which may impact shareholder returns.

Excellence Commercial Property Announces Final Dividend for 2024

Excellence Commercial Property & Facilities Management Group Limited has announced a final cash dividend of HKD 0.0628 per share for the financial year ending 31 December 2024. This announcement reflects the company’s commitment to returning value to its shareholders and may enhance its attractiveness to investors, potentially impacting its market positioning positively.

Excellence Group Schedules Board Meeting for Annual Results and Dividend Decision

Excellence Commercial Property & Facilities Management Group Limited has announced a board meeting scheduled for March 26, 2025, to approve the annual results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend and address other business matters, potentially impacting the company’s financial strategy and shareholder returns.

Excellence Commercial Property Group Passes Key Resolution at EGM

Excellence Commercial Property & Facilities Management Group Limited announced the successful passage of a resolution at its extraordinary general meeting held on February 12, 2025. The resolution, which received unanimous approval, involved a settlement agreement between Shenzhen Excellent Property Management Co., Ltd. and Excellence Real Estate Group Co., Ltd., indicating a strategic move to streamline operations and enhance corporate governance. This development is expected to positively impact the company’s operational efficiency and stakeholder confidence.