Ling Yue Services Group Limited logo

Ling Yue Services Group Limited

2165.HK

HKSEReal EstateReal Estate - Development

Latest quote

HK$1.65

HK$0.00 · 0.00%

Aug 21, 1:56 PM HKTData delayed

2165.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Ling Yue Services Group Limited is a property management firm operating across the People's Republic of China. Established in 2002 and based in Chengdu, the company delivers a comprehensive suite of property management solutions. These include security, upkeep, landscaping, and maintenance, serving a broad clientele comprising property owners, residents, real estate developers, and non-residential tenants. Its managed portfolio encompasses various property types, such as residential complexes, commercial buildings, and public facilities. Beyond its core services, Ling Yue offers additional value-added services. For non-property owners, these encompass initial planning and design consultation, sales office operations, pre-occupancy assistance, ongoing repair and maintenance, property transaction facilitation, and enhanced security support. Furthermore, it provides community-focused value-added services primarily for owners and residents, such as managing shared community spaces, interior decoration and furnishing solutions, convenience services, and local retail options. As of the end of 2021, the company was responsible for managing 183 properties, covering a total contracted gross floor area of approximately 20.8 million square meters.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
CN
CEO
Ziqin Luo
Listed since
Jul 12, 2021
Employees
4,763

Market position

52-week range

Current HK$1.65

Open
HK$1.65
Previous close
HK$1.65
Volume
16K
0.61× average
Average volume
26.34K
Average daily volume
Market cap
471.38M HKD
Beta
1.24
Market reference 1
50-day average
HK$1.5695
+5.13% above average
200-day average
HK$1.7883
-7.74% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-349.42M CNY
P/E (TTM)
5.02×
P/B (TTM)
0.58×
P/S (TTM)
0.61×
EV / EBITDA
-3.67×
Earnings yield
16.30%
Free cash flow yield
22.52%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
30.62%
Operating margin
13.69%
Net margin
11.98%
Return on equity
11.11%
Return on assets
7.38%
Return on invested capital
10.07%

Financial health

Debt / equity
Current ratio
3.01×
Altman Z-score
3.89
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34%26%18%10%Gross margin, FY2021: 28.66%Gross margin, FY2022: 28.93%Gross margin, FY2023: 31.97%Gross margin, FY2024: 28.11%Gross margin, FY2025: 30.63%Operating margin, FY2021: 15.43%Operating margin, FY2022: 17.88%Operating margin, FY2023: 20.05%Operating margin, FY2024: 19.12%Operating margin, FY2025: 13.92%Net margin, FY2021: 13.05%Net margin, FY2022: 13.33%Net margin, FY2023: 16.72%Net margin, FY2024: 12.49%Net margin, FY2025: 11.95%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 28.66%. Gross margin FY2022 28.93%. Gross margin FY2023 31.97%. Gross margin FY2024 28.11%. Gross margin FY2025 30.63%. Operating margin FY2021 15.43%. Operating margin FY2022 17.88%. Operating margin FY2023 20.05%. Operating margin FY2024 19.12%. Operating margin FY2025 13.92%. Net margin FY2021 13.05%. Net margin FY2022 13.33%. Net margin FY2023 16.72%. Net margin FY2024 12.49%. Net margin FY2025 11.95%.

Income trends

Revenue

647.27M CNY-0.87%

Operating income

90.09M CNY-27.85%

Net income

77.36M CNY-5.13%
Income trends across reported periods711.16M CNY478.23M CNY245.31M CNY12.38M CNYRevenue, FY2021: 541.17M CNYRevenue, FY2022: 577.7M CNYRevenue, FY2023: 609.1M CNYRevenue, FY2024: 652.93M CNYRevenue, FY2025: 647.27M CNYOperating income, FY2021: 83.48M CNYOperating income, FY2022: 103.3M CNYOperating income, FY2023: 122.11M CNYOperating income, FY2024: 124.87M CNYOperating income, FY2025: 90.09M CNYNet income, FY2021: 70.61M CNYNet income, FY2022: 77M CNYNet income, FY2023: 101.86M CNYNet income, FY2024: 81.55M CNYNet income, FY2025: 77.36M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 541.17M CNY. Revenue FY2022 577.7M CNY. Revenue FY2023 609.1M CNY. Revenue FY2024 652.93M CNY. Revenue FY2025 647.27M CNY. Operating income FY2021 83.48M CNY. Operating income FY2022 103.3M CNY. Operating income FY2023 122.11M CNY. Operating income FY2024 124.87M CNY. Operating income FY2025 90.09M CNY. Net income FY2021 70.61M CNY. Net income FY2022 77M CNY. Net income FY2023 101.86M CNY. Net income FY2024 81.55M CNY. Net income FY2025 77.36M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue647.27M CNY652.93M CNY609.1M CNY577.7M CNY541.17M CNY
Cost of goods sold449M CNY469.4M CNY414.38M CNY410.6M CNY386.1M CNY
Gross profit198.28M CNY183.53M CNY194.72M CNY167.11M CNY155.07M CNY
Selling, general, and administrative108.18M CNY75.41M CNY72.6M CNY56.42M CNY67.21M CNY
Operating expenses108.18M CNY58.66M CNY72.6M CNY51.89M CNY64.73M CNY
Interest income10.6M CNY7.4M CNY7.39M CNY4.06M CNY233K CNY
Interest expense4K CNY28K CNY
Depreciation and amortization5.08M CNY3.9M CNY3.88M CNY3.09M CNY3.55M CNY
Operating income90.09M CNY124.87M CNY122.11M CNY103.3M CNY83.48M CNY
Net income77.36M CNY81.55M CNY101.86M CNY77M CNY70.61M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.19

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.250.20.150.1Q3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q2 '25
Q3 2022, reported Aug 31, 2022: actual 0.189, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 0.123, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 0.204, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 0.186, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual 0.215, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 30, 2025: actual 0.188, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates365.21M345.01M324.8M304.6MQ3 '22Q1 '23Q3 '23Q1 '24Q3 '24Q2 '25
Q3 2022, reported Aug 31, 2022: actual 331.7M HKD, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 30, 2023: actual 335.24M HKD, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 30, 2023: actual 318.65M HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 28, 2024: actual 348.02M HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual 336.45M HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 30, 2025: actual 351.16M HKD, estimate —, surprise —, Comparison unavailable.

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