Fineland Real Estate Services Group (9978) AI Stock Analysis

• Market Cap: HK$39.60M
• Dividend Yield: N/A
• Average Volume (3M): 287.07K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.11
• Revenue Growth: -15.23%
• EPS Growth: -25.21%
• Country: HK
• Employees: 1,632
• Sector: Real Estate
• Sector Strength: 55
• Industry: Real Estate - Services
• EPS (TTM): N/A
• Shares Outstanding: 400,000,000
• 10 Day Avg. Volume: 225,600
• 30 Day Avg. Volume: 287,066
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 55 Neutral
• Price Target: HK$0.00 ▼(-100.00% Downside)

The overall stock score of 55 reflects significant financial challenges due to declining revenue and profitability. While technical analysis offers some positive signals with bullish momentum, the valuation remains a concern due to negative profitability. The absence of earnings call and corporate events data did not influence the overall score.

Fineland Real Estate Services Group Business Overview & Revenue Model

Company Description

Fineland Living Services Group Limited, through its subsidiaries, provides real estate agency and professional property management services in the People's Republic of China. Its real estate agency services consist of online and offline real estate agency, property research and consultancy, and integrated services. The company's professional property management services include property management services and ancillary services, such as cleaning, gardening, security, repair and maintenance, and butler services for property developers and property owners of residential and non-residential properties, as well as online property referral and agency services; value-added services, include cleaning, security, and maintenance services for pre-sale display units and sales offices, etc. to non-property owners; and community value-added services, include common area value-added services, community retail, community media, furnishing, and other community convenience services to property owners. It offers software services, such as development, supply, and maintenance of information technology applications, as well as computer system services. The company was formerly known as Fineland Real Estate Services Group Limited and changed its name to Fineland Living Services Group Limited in June 2021. The company was founded in 1997 and is headquartered in Guangzhou, the People's Republic of China. Fineland Living Services Group Limited is a subsidiary of Mansion Green Holdings Limited.

How the Company Makes Money

The company makes money through multiple revenue streams primarily associated with its real estate services. These include fees and commissions from property sales and leasing activities, which form a significant portion of its income. Additionally, Fineland Real Estate Services Group generates revenue from property management services, which involve managing residential and commercial properties on behalf of owners, providing services such as maintenance, tenant management, and financial administration. The company may also engage in property development projects, earning profits through the sale or leasing of developed properties. Key partnerships with property developers, investors, and financial institutions further enhance the company's revenue potential by facilitating large-scale real estate transactions and projects.

Fineland Real Estate Services Group Financial Statement Overview

Summary

Fineland Real Estate Services Group faces significant financial challenges with declining revenue and profitability. Despite a conservative leverage on the balance sheet, the declining equity and inconsistent cash flow generation are concerning for the company's financial health.

Income Statement

The company has experienced declining revenue and profitability over the past few years, with significant negative net income in the latest year. The gross profit margin has decreased, reflecting challenges in maintaining revenue and cost efficiency. Despite a slight improvement in EBIT, the net profit margin remains negative, indicating ongoing financial pressures.

Balance Sheet

The balance sheet reveals a relatively low debt-to-equity ratio, which suggests conservative leverage. However, the declining stockholders' equity and total assets over time may indicate financial instability. The equity ratio has decreased, reflecting a potential risk in asset management and equity retention.

Cash Flow

The cash flow statement shows some positive trends, with an improvement in free cash flow and operating cash flow in the latest year. However, the free cash flow growth is not consistent, and the operating cash flow to net income ratio indicates challenges in converting income into cash flow.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	369.10M	426.78M	511.94M	571.41M	276.73M
Gross Profit	59.27M	87.03M	102.27M	138.61M	50.22M
EBITDA	-78.22M	-56.90M	47.83M	49.20M	30.83M
Net Income	-76.93M	-60.61M	31.71M	29.27M	10.91M
Balance Sheet
Total Assets	366.74M	478.29M	573.84M	454.17M	219.91M
Cash, Cash Equivalents and Short-Term Investments	65.78M	92.52M	118.20M	90.84M	138.48M
Total Debt	994.00K	20.57M	35.94M	3.99M	7.11M
Total Liabilities	281.02M	305.37M	336.33M	249.12M	77.86M
Stockholders Equity	34.05M	112.77M	173.24M	158.84M	140.75M
Cash Flow
Free Cash Flow	9.78M	88.00K	15.78M	-21.92M	42.55M
Operating Cash Flow	11.97M	4.82M	17.06M	-17.83M	42.80M
Investing Cash Flow	-8.82M	-11.15M	-20.39M	-23.08M	1.19M
Financing Cash Flow	-26.51M	-23.36M	30.81M	-7.20M	-4.13M

Fineland Real Estate Services Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.10
• 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:9978, the sentiment is Positive. The current price of 0.1 is above the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.09, and above the 200-day MA of 0.07, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.98 is Neutral, neither overbought nor oversold. The STOCH value of 31.53 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:9978.

Fineland Real Estate Services Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6049	79 Outperform	HK$19.46B	11.81	15.94%	4.13%	6.54%	3.26%
2869	73 Outperform	HK$15.59B	18.18	10.30%	2.63%	-0.95%	14.89%
2270	66 Neutral	HK$1.25B	28.61	12.90%	―	31.21%	1.00%
Sector *	63 Neutral	$7.06B	13.54	-0.50%	6.96%	4.08%	-25.24%
9978	55 Neutral	HK$39.60M	―	-104.04%	―	-15.23%	-25.21%
1755	―	HK$2.44B	4.88	15.76%	8.04%	―	―
6666	58 Neutral	HK$9.62B	8.97	185.17%	―	4.74%	-21.33%

Fineland Real Estate Services Group Corporate Events

Fineland Living Services Group Announces Successful AGM Resolutions

Fineland Living Services Group Limited announced the successful passing of all proposed ordinary resolutions at their Annual General Meeting held on June 20, 2025. The resolutions included the adoption of financial statements, re-election of directors, and authorization for the board to manage remuneration and share issuance. This outcome reflects strong shareholder support and positions the company for continued operational stability and strategic growth.