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Lushang Life Services Co., Ltd. Class H

Lushang Life Services Co., Ltd. Class H

HHKEX:2376
3.00
HKD
+0.39
(+14.94%)
152.04MMarket Cap
Lushang Life Services Co., Ltd. Class H
HKEX:2376
(Hong Kong Exchange)

Recent

price

3.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
CNY
2.41
3.02
4.37
5.39
7.28
4.59
4.2
- -
Revenue per Share
0.22
0.34
0.57
0.66
0.34
0.34
0.25
- -
Basic EPS, GAAP
0.22
0.12
-0.08
-0.09
-0.09
-0.1
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.19
0.01
0.1
- -
Dividend per Share
0.88
1.93
2.24
3.75
3.93
4.24
4.39
4.24
Book Value per Share
0.88
1.93
2.23
3.74
3.93
4.23
4.39
4.23
Tangible Book Value per Share
133
133
133
116
131
133
136
133
Basic Weighted Avg Shares
321
403
583
628
957
609
571
- -
Sales/Revenue/Turnover
11.12
13.66
16.27
14.84
4.79
10.94
10.5
- -
Operating Margin (%)
1
2
5
3
3
3
2
- -
Depreciation Expense
29
45
76
77
45
45
34
- -
Net Income, GAAP
27.35
22.97
21.26
22.47
19.04
23.65
25.04
- -
Effective Tax Rate (%)
9.01
11.25
13.01
12.25
4.71
7.41
5.95
- -
Profit Margin (%)
95
233
234
440
428
465
450
465
Working Capital
- -
- -
2
3
2
- -
1
- -
LT Debt
117
258
300
503
529
569
590
569
Total Equity
- -
14.63
20.48
19.15
9.06
7.3
6.15
- -
Return on Invested Capital (%)
- -
18.93
22.84
18.66
8.56
8.18
5.77
- -
Return on Capital (%)
- -
24.18
27.24
19.24
8.8
8.28
5.9
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
- -
8
8
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
133
133
133
Market Capitalization
230
165
143

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
803
801
825
Cash, Cash Equivalents & STI
413
387
427
Accounts Receivable, Net
295
296
276
Inventories
3
16
7
Total Current Liabilities
375
354
360
Payables & Accruals
- -
- -
- -
ST Debt
- -
8
8
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.08%
3.77%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
0.54%
-24.71%
Sales/Revenue/Turnover
- -
12.43%
-6.28%
Total Cash Common Dividend
- -
- -
1,843.98%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
957
2024
- -
- -
609
2025
- -
- -
571

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.34
2024
- -
- -
0.34
2025
- -
- -
0.25

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.19
2024
- -
- -
0.01
2025
- -
- -
0.1
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Business
Lushang Life Services Co., Ltd. operates as a comprehensive property management service provider primarily in Shandong Province, China. The company offers property management services, community value-added services, and value-added services to non-property owners. Its property management services include residential and commercial property upkeep and administration. Community value-added services encompass a variety of lifestyle and facility services designed to enhance residents' living quality, while value-added services to non-property owners include business and technical services related to property management and community development. The company also engages in elevator installation, repair, and maintenance through its acquisition of Daantong Mechanical and Electrical Company. Lushang Life Services operates retail catering outlets including smart restaurants, expanding its service ecosystem under a "Property +" business strategy. The firm was founded in 2015 and is headquartered in Shandong, China. Recent strategic developments include the acquisition of 100% equity interest in Daantong in March 2024, strengthening its mechanical and electrical service capabilities. It has expanded its catering business with new store openings and smart restaurant projects. The company has renewed key continuing connected transactions and revised annual caps related to property management and related services agreements with affiliated enterprises, ensuring operational continuity through 2026–2028. Lushang Life Services also implements a comprehensive "Three Seize" policy to increase market share through winning bids on state-owned enterprise projects and deepening its customer base and ecosystem services. The company is listed on the Hong Kong Stock Exchange under ticker 2376.HK. Lushang Life Services is part of the broader Lushang Freda Pharmaceutical Group, which is its immediate parent company, integrating property management services with medical and community ecosystems. Its revenue breakdown highlights property management services as the largest contributor, followed by community value-added services and non-property owner value-added services. The company continues to expand its operational footprint and diversify its service offerings in line with its strategic focus on improving service quality and ecosystem integration.