Shi Shi Services Limited (8181) AI Stock Analysis

• Market Cap: HK$71.13M
• Dividend Yield: N/A
• Average Volume (3M): 25.33K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.12
• Revenue Growth: -5.03%
• EPS Growth: -26.98%
• Country: HK
• Employees: 1,617
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.03
• Shares Outstanding: 1,128,986,700
• 10 Day Avg. Volume: 66,400
• 30 Day Avg. Volume: 25,333
• PEG Ratio: 0.07
• Price to Book (P/B): 0.40
• Price to Sales (P/S): 0.14
• P/FCF Ratio: -2.20
• 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: 45 Neutral
• Price Target: HK$0.07 ▲(13.33% Upside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by declining revenue and profitability, and cash flow challenges. Technical analysis indicates an overbought condition, suggesting potential for a price correction. Valuation metrics are poor, with a negative P/E ratio and no dividend yield, further weighing down the score.

Positive Factors

Business Model Strength

The company's diversified services in logistics and supply chain management provide a resilient business model, catering to various industries like retail and e-commerce, ensuring stable demand and potential for growth.

Partnerships and Market Reach

Strategic partnerships with major e-commerce platforms and retailers expand market reach and client base, contributing to consistent revenue streams and enhancing competitive positioning in the logistics sector.

Revenue Diversification

By offering value-added services such as inventory management and consulting, the company diversifies its revenue streams, reducing dependency on core logistics services and enhancing long-term financial stability.

Negative Factors

Declining Revenue

The company's declining revenue trend poses a significant challenge, potentially affecting its ability to invest in growth initiatives and maintain competitive advantage, impacting long-term financial health.

Weak Cash Flow Performance

Persistent cash flow challenges, with negative operating and free cash flows, limit the company's ability to fund operations and invest in growth, threatening financial sustainability over time.

Negative Profit Margins

Consistently negative profit margins indicate operational inefficiencies, reducing profitability and potentially hindering the company's ability to reinvest in its business and compete effectively in the market.

Shi Shi Services Limited Business Overview & Revenue Model

Company Description

Kong Shum Smart Management Group (Holdings) Ltd. is an investment company, which engages in the provision of property management services. It operates through the following segments: Provision of Property Management and related services, Properties investment, and Money lending business. The company was founded by Ying Cheung Ho in 1984 and is headquartered in Hong Kong.

How the Company Makes Money

Shi Shi Services Limited generates revenue through multiple streams, primarily from service fees charged for logistics and supply chain management solutions. The company also earns income from consultancy services, where it assists clients in optimizing their operations. Key revenue streams include contract agreements with businesses for ongoing logistics support, one-time consultancy projects, and possibly commissions from partnerships with technology providers that enhance service offerings. Additionally, strategic partnerships with local and international firms can lead to expanded service capabilities and new client acquisitions, further contributing to the company's earnings.

Shi Shi Services Limited Financial Statement Overview

Summary

Shi Shi Services Limited faces significant financial challenges, with declining revenue and profitability. The balance sheet shows low leverage but poor returns on equity. Cash flow issues persist, impacting overall financial health. The company needs to address operational inefficiencies and improve cash flow management to enhance financial stability.

Income Statement

Shi Shi Services Limited has experienced declining revenue growth with a negative trend in profitability. The gross profit margin has decreased over the years, and the company has been reporting negative net profit margins, indicating consistent losses. The EBIT and EBITDA margins are also negative, reflecting operational challenges.

Balance Sheet

The company maintains a low debt-to-equity ratio, suggesting conservative leverage. However, the return on equity is negative, indicating that the company is not generating sufficient returns on shareholders' equity. The equity ratio remains stable, showing a reasonable proportion of equity financing.

Cash Flow

Cash flow performance is weak, with negative operating cash flow and free cash flow in recent years. Although there is some improvement in free cash flow growth, the operating cash flow to net income ratio is negative, highlighting cash flow challenges. The free cash flow to net income ratio is positive, indicating some efficiency in converting income to cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	578.60M	563.50M	588.74M	547.38M	524.95M	511.12M
Gross Profit	107.91M	93.81M	103.69M	94.51M	100.29M	108.64M
EBITDA	4.21M	-14.07M	3.40M	-14.96M	5.41M	35.17M
Net Income	-42.73M	-29.41M	-46.44M	-28.80M	-25.95M	15.86M
Balance Sheet
Total Assets	305.08M	270.73M	305.06M	365.99M	397.79M	422.64M
Cash, Cash Equivalents and Short-Term Investments	38.76M	34.67M	44.76M	79.14M	67.70M	105.33M
Total Debt	4.13M	5.79M	9.14M	18.16M	19.11M	18.68M
Total Liabilities	80.94M	73.66M	77.23M	87.69M	99.40M	103.67M
Stockholders Equity	219.81M	193.11M	223.51M	273.82M	298.39M	318.97M
Cash Flow
Free Cash Flow	-33.03M	-34.87M	-26.36M	12.33M	-34.13M	9.88M
Operating Cash Flow	-12.57M	-20.34M	-18.27M	29.04M	-8.53M	39.50M
Investing Cash Flow	-7.61M	16.78M	-6.80M	-15.00M	-29.95M	-68.61M
Financing Cash Flow	-2.15M	-2.50M	-3.12M	-8.00M	-828.00K	-8.42M

Shi Shi Services Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 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:8181, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.06, and below the 200-day MA of 0.07, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 25.01 is Positive, neither overbought nor oversold. The STOCH value of -12.25 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:8181.

Shi Shi Services Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0616	54 Neutral	HK$557.59M	-2.28	-5.14%	―	79.76%	88.69%
1417	49 Neutral	HK$87.29M	-1.50	-30.16%	―	12.37%	25.67%
1941	48 Neutral	HK$95.65M	-5.54	-6.82%	―	1.53%	22.83%
3603	48 Neutral	HK$82.11M	-0.76	-8.33%	―	-18.46%	-12.77%
8181	45 Neutral	HK$71.13M	-1.31	-28.17%	―	-5.03%	-26.98%
0864	42 Neutral	HK$50.98M	-0.15	-55.99%	―	-8.18%	-212.59%