1. China Stocks

  2. •

    Finance

  3. •

    Real estate development
Greentown Service Group Co. Ltd.

Greentown Service Group Co. Ltd.

HHKEX:2869
3.97
HKD
+0.01
(+0.13%)
14.72BMarket Cap
Mar 19Next Earn
Greentown Service Group Co. Ltd.
HKEX:2869
(Hong Kong Exchange)

Recent

price

3.97

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
0.6
0.79
1.05
1.57
1.85
2.42
3.09
3.32
3.88
4.58
5.24
5.65
6.09
- -
Revenue per Share
0.03
0.05
0.07
0.12
0.14
0.17
0.17
0.23
0.26
0.17
0.19
0.25
0.28
- -
Basic EPS, GAAP
0.06
0.08
0.16
0.13
0.15
0.17
0.25
0.43
0.31
0.21
0.45
0.47
0.49
- -
Free Cash Flow per Basic Share
0.01
0.03
0.1
0.01
0.04
0.05
0.06
0.07
0.17
0.17
0.09
0.14
0.18
- -
Dividend per Share
0.06
0.07
0.05
0.62
0.69
0.84
0.99
2.12
2.16
2.2
2.32
2.46
2.54
2.54
Book Value per Share
0.06
0.07
0.05
0.62
0.64
0.78
0.77
1.91
1.88
1.82
1.9
2.18
2.29
2.29
Tangible Book Value per Share
2,778
2,778
2,778
2,368
2,778
2,778
2,780
3,044
3,239
3,244
3,211
3,164
3,147
3,148
Basic Weighted Avg Shares
1,672
2,205
2,919
3,722
5,140
6,710
8,582
10,106
12,566
14,856
16,812
17,893
19,164
- -
Sales/Revenue/Turnover
6.59
9.05
9.72
11.09
9.3
7.35
7.49
9.6
9.07
7.16
5.87
6.34
6.81
- -
Operating Margin (%)
10
11
13
15
40
81
238
285
378
433
485
538
377
- -
Depreciation Expense
76
149
198
286
387
483
477
710
846
548
605
785
880
- -
Net Income, GAAP
23.67
24.54
27.17
29.58
22.96
25.96
26.56
26.16
25.24
26.91
26.47
29.79
32.14
- -
Effective Tax Rate (%)
4.58
6.78
6.78
7.67
7.54
7.2
5.56
7.03
6.73
3.69
3.6
4.39
4.59
- -
Profit Margin (%)
21
-3
-95
1,299
798
916
1,055
3,924
3,490
3,453
3,554
4,121
3,869
3,869
Working Capital
- -
- -
3
11
4
- -
1,269
1,178
1,113
1,444
1,153
577
325
325
LT Debt
210
217
149
1,746
1,992
2,405
2,954
7,112
7,370
7,876
8,225
8,543
8,718
8,718
Total Equity
- -
40.89
48.12
25.14
18.24
15.53
12.44
10.34
9.41
6.4
5.3
6.6
8.41
- -
Return on Invested Capital (%)
- -
53.37
61.61
26.94
20.41
22.76
14.76
11.08
9.81
5.71
5.3
7.56
9.05
- -
Return on Capital (%)
- -
77.58
116.79
30.85
21.31
22.76
18.79
14.84
12.23
7.74
8.33
10.33
11.18
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
226
211
186
LT Borrowings
24
21
18
LT Finance Leases
553
485
307
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,161
3,145
3,138
Market Capitalization
11,375
12,572
13,224

Working Capital

CNY

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
12,649
13,562
13,081
Cash, Cash Equivalents & STI
5,788
5,247
5,864
Accounts Receivable, Net
4,843
6,250
5,100
Inventories
598
561
525
Total Current Liabilities
8,528
9,359
9,213
Payables & Accruals
- -
- -
- -
ST Debt
226
211
186
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
129.19%
4.17%
2.05%
Free Cash Flow
21.14%
11.7%
3.59%
Net Income, GAAP
18.86%
7.24%
12.12%
Sales/Revenue/Turnover
21.11%
13.85%
7.1%
Total Cash Common Dividend
53.81%
36.54%
32.13%

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
16,812
2024
- -
- -
17,893
2025
- -
- -
19,164

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.19
2024
- -
- -
0.25
2025
- -
- -
0.28

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.09
2024
- -
- -
0.14
2025
- -
- -
0.18
Similar Companies
DLF Limited (NSE:DLF)
Opendoor Technologies Inc (NASDAQ:OPEN)
Samolet (MOEX:SMLT)
Alarko Holding A.S. (BIST:ALARK)
Godrej Properties Limited (NSE:GODREJPROP)
Lodha Developers Ltd. (NSE:LODHA)
Business
Greentown Service Group Co. Ltd. (2869.HK) provides comprehensive property management and related services primarily in China, with operations extending to Australia and Hong Kong. Founded in 1998 and headquartered in Hangzhou, Zhejiang Province, the company delivers property management services including security, cleaning, gardening, repair and maintenance; consulting services such as project planning, design management, construction management, and marketing management consulting to real estate developers and property management companies; community living services encompassing home living services, community space services, property asset management services, and cultural and education services to property owners and residents; and technology services. It further engages in nursery operations, hotel and resort management, recreational services, exhibitions, market promotion, business consulting, housekeeping, computer networking technology consulting, education consulting, financial service outsourcing, pension services, information technology services, supply chain management, education technology, advertisement design, equipment maintenance, property management training, wholesale and retail, parking management, construction and design, lighting construction, investment management, science and technology promotion, community leasing, sales, and other ancillary services, managing properties across 203 cities in 31 provinces, municipalities, and autonomous regions with a contracted gross floor area of 481.7 million square meters as of June 2024. In late 2024 and early 2025, the company completed the acquisition of a 25% equity interest in Hangzhou Jiancheng Assets Management Company Limited for RMB220 million, enhancing its asset management capabilities through exposure to healthcare-related investments; disposed of interests in its Australian subsidiary Montessori Academy Group, classifying it as discontinued operations; announced a final dividend of HK$0.13 per share and special dividend of HK$0.07 per share for 2024; and conducted share repurchases including 20.4 million shares, reflecting ongoing capital management and strategic portfolio adjustments. As a subsidiary of Greentown China Holdings Limited, Greentown Service Group targets residential, commercial, government infrastructure, and urban complex properties, serving over 46,000 employees and focusing on digital, platform-based, and ecological services driven by smart technology.