Desun Real Estate Investment Services Group Co., Ltd.

Desun Real Estate Investment Services Group Co., Ltd.

HHKEX:2270
5.95
HKD
-1.15
(-16.20%)
2.21BMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.11
0.12
0.21
0.56
0.43
0.55
0.8
0.88
- -
Basic EPS, GAAP
0.05
0.05
0.07
0.07
0.05
0.06
0.07
0.06
- -
Free Cash Flow per Basic Share
0.04
0.07
0.06
0.03
-0.05
-0.01
0.1
0.17
- -
Dividend per Share
0.05
0.07
- -
- -
- -
0.05
- -
- -
- -
Book Value per Share
0.08
0.06
0.13
0.42
0.48
0.49
0.49
0.56
0.56
Tangible Book Value per Share
0.08
0.06
0.11
0.39
0.46
0.47
0.45
0.53
0.53
Basic Weighted Avg Shares
600
600
600
456
615
619
569
555
555
Sales/Revenue/Turnover
64
69
128
253
267
340
454
488
- -
Operating Margin (%)
55.91
49.47
34.95
14.95
8.44
13.9
10.69
10.58
- -
Depreciation Expense
2
2
1
2
2
18
39
40
- -
Net Income, GAAP
31
31
43
33
34
39
37
33
- -
Effective Tax Rate (%)
16.58
15.59
15.57
18.27
9.33
12.94
14.4
15.52
- -
Profit Margin (%)
49.08
44.91
33.56
13.2
12.57
11.53
8.16
6.83
- -
Working Capital
45
36
63
231
261
183
144
219
219
LT Debt
- -
- -
- -
- -
- -
272
264
272
272
Total Equity
47
38
81
249
299
313
274
326
326
Return on Invested Capital (%)
- -
59.59
55.14
17.07
6.96
8.71
6.88
6.7
- -
Return on Capital (%)
- -
72.43
72.11
20.6
12.34
10.35
8.38
6.38
- -
Return on Common Equity (%)
- -
73.02
72.61
20.29
12.31
13.02
12.89
11.47
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
33
106
71
LT Borrowings
31
30
52
LT Finance Leases
233
226
220
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
551
557
557
Market Capitalization
578
799
1,987

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
440
514
554
Cash, Cash Equivalents & STI
173
214
184
Accounts Receivable, Net
190
214
169
Inventories
24
21
13
Total Current Liabilities
296
352
334
Payables & Accruals
- -
- -
- -
ST Debt
33
106
71
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
48.06%
18.8%
Free Cash Flow
- -
-258.8%
69.25%
Net Income, GAAP
- -
-4.08%
-9.87%
Sales/Revenue/Turnover
- -
34.36%
7.69%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
340
2024
- -
- -
454
2025
- -
- -
488

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.06
2024
- -
- -
0.07
2025
- -
- -
0.06

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.05
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

CEO
Zhi Cheng Zhang
Full Time Employees
1,333
Sector
Finance
Industry
Real estate development
Address
Building A, Deshang International Chengdu SI China
IPO Date
Dec 17, 2021
Business
Desun Real Estate Investment Services Group Co., Ltd. (2270.HK) provides integrated property management and value-added services for mid-to-high-end residential, commercial, office, and institutional properties in China. The company operates through three main segments: property services, including property management, value-added services such as housing brokerage, public space advertising, and carpark sales; asset operation services, encompassing office building subleasing, commercial operations, e-commerce live streaming, and logistics; and investment and development, offering home furnishing, decoration, refurbishment, market research, investment promotion, and sales services. Founded in 2020 and headquartered in Chengdu, China, Desun primarily serves residential and non-residential property owners, commercial customers, industrial parks, and office buildings across the People's Republic of China. Recent developments include a strategic capital increase in September 2025, where its subsidiary Green Real Estate invested RMB10 million for a 50% stake in Chengdu Bangtai Jinchen Real Estate Co., Ltd. to collaborate on a land development project in Pidu District, Chengdu; shareholder loans of up to RMB320 million extended by subsidiaries Green Property and Bangtai Yueshang to support the project; and a reported 234.1% increase in interim net profit to RMB41.3 million for the first half of 2025, alongside ongoing business synergies in investment, asset management, and property services.