Ling Yue Services Group Limited

Ling Yue Services Group Limited

HHKEX:2165
2.00
HKD
-0.04
(-1.96%)
382.82MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.6
1
1.53
2.2
2.02
2.13
2.29
- -
Basic EPS, GAAP
0.04
0.11
0.23
0.29
0.27
0.36
0.29
- -
Free Cash Flow per Basic Share
0.03
-0.04
0.41
- -
0.31
0.83
0.4
- -
Dividend per Share
- -
0.05
0.24
0.27
- -
- -
- -
- -
Book Value per Share
0.14
0.36
0.35
1.25
1.52
1.87
2.15
2.33
Tangible Book Value per Share
0.09
0.22
0.2
1.11
1.38
1.78
2.1
2.28
Basic Weighted Avg Shares
280
280
280
245
286
286
286
286
Sales/Revenue/Turnover
169
280
428
541
578
609
653
- -
Operating Margin (%)
11.38
15.82
20.29
16.69
19.94
23.04
19.12
- -
Depreciation Expense
1
2
3
4
4
4
4
- -
Net Income, GAAP
12
32
65
71
77
102
82
- -
Effective Tax Rate (%)
19.73
14.9
16.56
14.21
16.34
17.99
17.33
- -
Profit Margin (%)
7.06
11.46
15.23
13.05
13.33
16.72
12.49
- -
Working Capital
27
68
62
327
402
506
596
651
LT Debt
- -
1
1
- -
- -
- -
- -
- -
Total Equity
48
116
112
376
453
550
631
686
Return on Invested Capital (%)
- -
37.28
57.44
29.9
18.36
20.32
13.98
- -
Return on Capital (%)
- -
32.84
51.94
26.95
17.79
19.77
13.03
- -
Return on Common Equity (%)
- -
46.36
66.17
31.15
19.5
21.05
14.18
- -

Capital Structure

CNY

•

in mil. unless spec.
Jun'24
Dec'24
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
286
286
286
Market Capitalization
412
341
349

Working Capital

CNY

•

in mil. unless spec.
Jun'24
Dec'24
Jun'25
Total Current Assets
850
934
943
Cash, Cash Equivalents & STI
640
713
738
Accounts Receivable, Net
154
136
141
Inventories
1
3
8
Total Current Liabilities
283
338
292
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
57.6%
14.77%
Free Cash Flow
- -
-179,642.7%
-52.32%
Net Income, GAAP
- -
26.58%
-19.94%
Sales/Revenue/Turnover
- -
19.74%
7.2%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
609
2024
- -
- -
653
2025
- -
- -
- -

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.36
2024
- -
- -
0.29
2025
- -
- -
- -

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Zi Qin Luo
Full Time Employees
4,763
Sector
Finance
Industry
Real estate development
Address
Leading International Finance Center Chengdu SI China 610000
IPO Date
Jul 12, 2021
Business
Ling Yue Services Group Limited (2165.HK) provides property management services, value-added services to non-property owners, and community value-added services in the People's Republic of China. Property management services include security services, cleaning and greening services, and repair and maintenance services to property owners, residents, property developers, and tenants in non-residential properties; the company manages residential properties, commercial properties, public properties, and other properties. Value-added services to non-property owners encompass preliminary planning and design consultancy services, sales office management services, pre-delivery services, repair and maintenance services, property transaction assistance services, and security support services. Community value-added services comprise community space management services, decoration and turnkey furnishing services, convenient living services, and community retail services to property owners and residents. The company operates in 34 cities across nine provinces, one autonomous region, and one municipality, with primary focus on Sichuan Province and Xinjiang Uygur Autonomous Region; as of June 30, 2025, it manages 252 projects with 31.4 million square meters of gross floor area under management and holds contracts for 257 projects covering 36.0 million square meters. Founded in 2002 and headquartered at 44th Floor, Tower A, Leading International Finance Center, Chengdu, Sichuan Province, the company listed on the Main Board of The Stock Exchange of Hong Kong in July 2021. Recent developments include renewal of property management framework agreements with Leading Holdings Group Limited and controlling shareholder Liu Yuhui through 2028; for the six months ended June 30, 2025, revenue increased 2.4% year-over-year to RMB321.0 million, with property management services contributing 92.1%, while contracted projects grew to 257 and operations expanded into sectors such as schools, parks, and public buildings.