China Merchants Property Operation & Service Company Limited Class A

China Merchants Property Operation & Service Company Limited Class A

SSZSE:001914
8.70
CNY
-0.02
(-0.23%)
0.71EPS
11.93P/E
8.60BMarket Cap
Oct 30Next Earn

Total Valuation

CNY

As of June 30, 2026, China Merchants Property Operation & Service Company Limited Class A carries a market capitalization of 8.60B, placing it among publicly traded companies globally. Its enterprise value stands at 5.31B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap8.60B
Enterprise Value5.31B

Important Dates

China Merchants Property Operation & Service Company Limited Class A's next confirmed earnings release is scheduled for October 30, 2026.

Earnings Date10/30/2026

Share Statistics

As of June 30, 2026, China Merchants Property Operation & Service Company Limited Class A has 1.05B shares outstanding.

Shares Outstanding1.05B

Valuation Ratios

As of June 30, 2026, China Merchants Property Operation & Service Company Limited Class A trades at a trailing price-to-earnings ratio of 11.93. The price-to-sales ratio is 0.44, and the price-to-book ratio stands at 0.79.

PE Ratio11.93
PS Ratio0.44
PB Ratio0.79
P/TBV Ratio1.11

Enterprise Valuation

As of June 30, 2026, China Merchants Property Operation & Service Company Limited Class A trades at an EV/EBITDA multiple of 4.94 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.27 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 4.94 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 5.31B versus a market cap of 8.60B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.27
EV / EBITDA4.94
EV / EBIT4.94

Financial Position

As of June 30, 2026, China Merchants Property Operation & Service Company Limited Class A maintains a current ratio of 1.26, meaning it holds 1.3x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 5.55, indicating elevated leverage, while an interest coverage ratio of 48.56 demonstrates strong ability to service its debt obligations.

Current Ratio1.26
Quick Ratio0.47
Debt / Equity5.55
Debt / EBITDA0.57
Interest Coverage48.56

Financial Efficiency

CNY

Over the twelve months ended June 30, 2026, China Merchants Property Operation & Service Company Limited Class A posted a return on equity (ROE) of 6.68, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.33 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 3.63, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.00, useful for judging operating efficiency across full business cycles. The company generates approximately 476,350.98 in revenue per employee across its workforce of 41,450.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 16.44 indicates how many times China Merchants Property Operation & Service Company Limited Class A sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)6.68
Return on Assets (ROA)3.63
Return on Invested Capital (ROIC)6.33
Return on Capital Employed (ROCE)6.00
Revenue Per Employee476,350.98
Employee Count41,450.00
Inventory Turnover16.44

Taxes

CNY

Over the twelve months ended June 30, 2026, China Merchants Property Operation & Service Company Limited Class A recorded 314.41M in income tax expense. That works out to an effective tax rate of 29.53, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 1.06B, leaving 720.85M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax314.41M
Effective Tax Rate29.53

Stock Price Statistics

CNY

As of the close on October 23, 2026, China Merchants Property Operation & Service Company Limited Class A's stock has declined approximately 23.75% over the past 52 weeks. The 50-day moving average sits at 8.93, while the 200-day moving average is 9.80.

52-Week Price Change-23.75%
50-Day Moving Average8.93
200-Day Moving Average9.80

Income Statement

CNY

Over the twelve months ended June 30, 2026, China Merchants Property Operation & Service Company Limited Class A generated 19.74B in revenue and converted that into 720.85M in net income, yielding earnings per share of 0.71. EBITDA reached 1.07B, while operating income came in at 1.40B.

Revenue19.74B
Gross Profit2.19B
Operating Income1.40B
Pretax Income1.06B
Net Income720.85M
EBITDA1.07B
EBIT1.07B
Earnings Per Share (EPS)0.71

Balance Sheet

CNY

As of June 30, 2026, China Merchants Property Operation & Service Company Limited Class A holds 4.06B in cash and equivalents against 616.31M in total debt, resulting in a net debt position of -3.54B. Total book value stands at 10.95B, with working capital of 2.21B providing operational flexibility.

Cash & Cash Equivalents4.06B
Total Debt616.31M
Net Debt-3.54B
Equity (Book Value)10.95B
Book Value Per Share10.39
Working Capital2.21B

Cash Flow

CNY

These figures cover the twelve months ended June 30, 2026.

Capital Expenditures-21.39M

Margins

Over the twelve months ended June 30, 2026, China Merchants Property Operation & Service Company Limited Class A posted a gross margin of 11.10, reflecting its pricing power and cost economics. The operating margin of 7.10 and net profit margin of 3.65 provide insight into operational efficiency.

Gross Margin11.10
Operating Margin7.10
Pretax Margin5.39
Profit Margin3.65
EBITDA Margin5.44

Dividends & Yields

CNY

Over the twelve months ended June 30, 2026, China Merchants Property Operation & Service Company Limited Class A paid dividends of 0.04 per share. The dividend payout ratio of 4.93 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Total shareholder yield reaches 5.51, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to China Merchants Property Operation & Service Company Limited Class A shareholders.

Dividend Per Share0.04
Payout Ratio4.93
Shareholder Yield5.51

Stock Splits

China Merchants Property Operation & Service Company Limited Class A's most recent stock split took place on May 17, 2012 with a 1:2 split ratio.

Last Split Date5/17/2012
Split Ratio1:2

Scores

As of June 30, 2026, China Merchants Property Operation & Service Company Limited Class A has an Altman Z-Score of 2.60, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.60