Dexin Services Group Ltd.

Dexin Services Group Ltd.

HHKEX:2215
0.18
HKD
-0.01
(-7.85%)
255.86MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.4
0.51
0.69
1
0.96
1
1.01
1
- -
Basic EPS, GAAP
0.02
0.05
0.1
0.11
0.12
0.06
0.04
-0.25
- -
Free Cash Flow per Basic Share
0.02
0.04
0.25
-0.01
-0.23
0.14
0.01
0.02
- -
Dividend per Share
0.01
- -
0.2
- -
0.05
- -
- -
- -
- -
Book Value per Share
0.1
0.15
0.08
0.82
0.79
0.79
0.74
0.5
0.5
Tangible Book Value per Share
0.1
0.15
0.07
0.82
0.78
0.79
0.74
0.49
0.49
Basic Weighted Avg Shares
1,000
1,000
1,000
873
1,001
951
920
882
900
Sales/Revenue/Turnover
398
513
692
870
959
956
933
886
- -
Operating Margin (%)
9.76
14.18
19.72
17.59
14.59
10.12
10.97
10.37
- -
Depreciation Expense
6
7
8
11
8
7
10
11
- -
Net Income, GAAP
22
49
97
98
122
62
38
-219
- -
Effective Tax Rate (%)
29.19
25.54
22.38
24.33
23.12
28.34
30.38
- -
- -
Profit Margin (%)
5.62
9.63
14.04
11.28
12.73
6.46
4.12
-24.73
- -
Working Capital
40
99
67
831
442
740
660
211
211
LT Debt
11
10
3
1
1
10
10
- -
- -
Total Equity
102
149
88
860
781
759
690
464
464
Return on Invested Capital (%)
- -
30.27
65.35
21.5
13.55
5.53
4.07
- -
- -
Return on Capital (%)
- -
31.9
65.26
18.13
14.16
7.64
5.37
- -
- -
Return on Common Equity (%)
- -
39.61
85.75
21.55
15.25
8.2
5.4
-39.11
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
7
- -
10
LT Borrowings
10
10
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
918
882
882
Market Capitalization
966
717
230

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
1,301
1,211
895
Cash, Cash Equivalents & STI
1
172
7
Accounts Receivable, Net
430
506
480
Inventories
22
123
113
Total Current Liabilities
641
653
684
Payables & Accruals
- -
- -
- -
ST Debt
7
- -
10
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
163.79%
-32.76%
Free Cash Flow
- -
711.91%
80.31%
Net Income, GAAP
- -
-146.24%
-669.38%
Sales/Revenue/Turnover
- -
5.63%
-5.1%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
956
2024
- -
- -
933
2025
- -
- -
886

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.04
2025
- -
- -
-0.25

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

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

Company Description

CEO
Yiping Hu
Full Time Employees
2,469
Sector
Finance
Industry
Real estate development
Address
Building 2 Hangzhou ZH China
IPO Date
Jul 15, 2021
Business
Dexin Services Group Limited, founded in 2001 and headquartered in Hangzhou, China, is an investment holding company principally engaged in providing comprehensive property management services across the People's Republic of China. The company's core offerings include property management services such as security, cleaning, gardening, and common area repair and maintenance services for both residential and non-residential properties. It additionally delivers value-added services to non-property owners, including sales office management, preliminary planning and design consultancy, property inspection and repair, and commercial consulting. Dexin also provides environmental cleaning, commercial operation services, community value-added services like property sales assistance, community resource management, clubhouse and home decoration services, community retail and home services, and smart community solutions. Its managed property portfolio encompasses commercial complexes, office buildings, schools, hospitals, industrial parks, and municipal facilities. Recent developments include the company’s strategic equity acquisition activities in 2025 focused on Deqing Moganshan Ruijing Real Estate Co., Ltd., where after an initial equity transfer agreement in 2023 was terminated, Dexin initiated new commercial negotiations reflecting key changes in its shareholding structure. The firm has also advanced smart service implementations including cleaning robots, intelligent distribution and inspection systems, alongside continued organizational reforms aimed at streamlined decision-making and resource allocation towards frontline operations. Dexin published its Carbon Neutral White Paper in 2021 and has since pursued photovoltaic renovation projects demonstrating its commitment to sustainability. Furthermore, Dexin Services Group actively conducts routine audit inspections such as “Foster Cleanliness” to uphold service quality. It remains a leading property management enterprise in Zhejiang Province with a strong market presence in China’s real estate service industry. Dexin Services Group Limited operates as a subsidiary of Shengfu International Limited and is publicly listed on the Hong Kong Stock Exchange under ticker 2215.HK. Its business segments primarily serve property developers, property owners, and residents across various property types. The company has maintained a significant focus on innovation in property management technologies and expanded community services, reinforcing its position as a comprehensive property management and value-added services provider in China’s real estate sector.