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Onewo Inc. logo

Onewo Inc.

2602.HK

HKSEReal EstateReal Estate - Services

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Latest quote

HK$17.94

−HK$0.01 · -0.06%

Aug 24, 1:43 PM HKT

2602.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Onewo Inc. provides property management services in the People's Republic of China. It operates through three segments: Community Space Living Consumption Services; Commercial and Urban Space Integrated Services; and AIoT and BPaaS Solution Services. It offers residential property services, including cleaning, security, gardening, and repair and maintenance services to property owners, property owners' associations, or residents for residential properties; and home-related asset services consisting of home sale and rental brokerage, and home redecoration and furnishing services. The company also provides commercial and urban space integrated services comprising property and facility management, value-added services for developers, and urban space integrated services; and smart property solutions, such as equipment, design, integration and construction, and remote operation services. In addition, it offers smart space solutions, including smart community, city and construction sites; enterprise services consisting of electromechanical engineering and enterprise outsourcing services; supply chain services comprising supplier settlement and intensive procurement; and IT, public facility management, and industrial investment services. The company was founded in 1990 and is headquartered in Shenzhen, the People's Republic of China. Onewo Inc. is a subsidiary of China Vanke Co., Ltd.

Industry
Real Estate - Services
Sector
Real Estate
Headquarters
CN
CEO
Bao Quan Zhu
Listed since
Sep 29, 2022
Employees
108,745

Market position

Day range

Current HK$17.94

52-week range

Current HK$17.94

Open
HK$17.95
Previous close
HK$17.95
Volume
103.6K
0.05× average
Average volume
1.98M
Average daily volume
Market cap
20.65B HKD
Beta
1.4
Market reference 1
50-day average
HK$17.489
+2.58% above average
200-day average
HK$18.4709
-2.87% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.38B CNY
P/E (TTM)
26.28×
P/B (TTM)
1.23×
P/S (TTM)
0.47×
EV / EBITDA
3.15×
Earnings yield
3.63%
Free cash flow yield
8.02%
Dividend yield
9.29%

Profitability & efficiency

Gross margin
11.72%
Operating margin
2.99%
Net margin
1.77%
Return on equity
4.76%
Return on assets
1.87%
Return on invested capital
4.75%

Financial health

Debt / equity
0.02×
Current ratio
1.07×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends18%12%6%0%Gross margin, FY2021: 16.96%Gross margin, FY2022: 14.05%Gross margin, FY2023: 14.50%Gross margin, FY2024: 12.97%Gross margin, FY2025: 12.23%Operating margin, FY2021: 9.04%Operating margin, FY2022: 3.73%Operating margin, FY2023: 5.03%Operating margin, FY2024: 3.60%Operating margin, FY2025: 3.01%Net margin, FY2021: 7.04%Net margin, FY2022: 5.02%Net margin, FY2023: 5.89%Net margin, FY2024: 3.17%Net margin, FY2025: 1.86%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 16.96%. Gross margin FY2022 14.05%. Gross margin FY2023 14.50%. Gross margin FY2024 12.97%. Gross margin FY2025 12.23%. Operating margin FY2021 9.04%. Operating margin FY2022 3.73%. Operating margin FY2023 5.03%. Operating margin FY2024 3.60%. Operating margin FY2025 3.01%. Net margin FY2021 7.04%. Net margin FY2022 5.02%. Net margin FY2023 5.89%. Net margin FY2024 3.17%. Net margin FY2025 1.86%.

Income trends

Revenue

37.27B CNY+2.89%

Operating income

1.12B CNY-14.02%

Net income

694.56M CNY-39.58%
Income trends across reported periods40.93B CNY26.3B CNY11.67B CNY−2.96B CNYRevenue, FY2021: 23.7B CNYRevenue, FY2022: 30.11B CNYRevenue, FY2023: 33.18B CNYRevenue, FY2024: 36.22B CNYRevenue, FY2025: 37.27B CNYOperating income, FY2021: 2.14B CNYOperating income, FY2022: 1.12B CNYOperating income, FY2023: 1.67B CNYOperating income, FY2024: 1.31B CNYOperating income, FY2025: 1.12B CNYNet income, FY2021: 1.67B CNYNet income, FY2022: 1.51B CNYNet income, FY2023: 1.95B CNYNet income, FY2024: 1.15B CNYNet income, FY2025: 694.56M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 23.7B CNY. Revenue FY2022 30.11B CNY. Revenue FY2023 33.18B CNY. Revenue FY2024 36.22B CNY. Revenue FY2025 37.27B CNY. Operating income FY2021 2.14B CNY. Operating income FY2022 1.12B CNY. Operating income FY2023 1.67B CNY. Operating income FY2024 1.31B CNY. Operating income FY2025 1.12B CNY. Net income FY2021 1.67B CNY. Net income FY2022 1.51B CNY. Net income FY2023 1.95B CNY. Net income FY2024 1.15B CNY. Net income FY2025 694.56M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue37.27B CNY36.22B CNY33.18B CNY30.11B CNY23.7B CNY
Cost of goods sold32.71B CNY31.53B CNY28.37B CNY25.88B CNY19.68B CNY
Gross profit4.56B CNY4.7B CNY4.81B CNY4.23B CNY4.02B CNY
Research and development287.21M CNY342.5M CNY376.74M CNY412.46M CNY373.69M CNY
Selling, general, and administrative2.41B CNY2.53B CNY2.57B CNY2.6B CNY2.05B CNY
Operating expenses3.44B CNY3.39B CNY3.14B CNY2.42B CNY1.88B CNY
Interest income39.54M CNY90.46M CNY124.48M CNY46.07M CNY85.19M CNY
Interest expense24.87M CNY12.41M CNY8.54M CNY11.23M CNY10.21M CNY
Depreciation and amortization930.69M CNY875.69M CNY1.02B CNY854.7M CNY395.3M CNY
Operating income1.12B CNY1.31B CNY1.67B CNY1.12B CNY2.14B CNY
Net income694.56M CNY1.15B CNY1.95B CNY1.51B CNY1.67B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
29%
2 beats, 5 misses, 0 met estimates
Average EPS surprise
-29.84%
7 comparable reports
Latest EPS result
0.79
Estimate 0.99 · Miss by 20.95%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1.260.780.29-0.19Q3 '24MissQ4 '24No estimateQ1 '25MissQ2 '25MissQ1 '26MissQ1 '26EstimateQ3 '26MissQ1 '27Estimate
Q3 2024, reported Aug 22, 2024: actual 0.705, estimate 1.05, surprise -32.86%, Miss. Q4 2024, reported Dec 31, 2024: actual 0.343, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 0.341, estimate 0.713, surprise -52.23%, Miss. Q2 2025, reported Jun 30, 2025: actual 0.749, estimate 1.16, surprise -35.43%, Miss. Q1 2026, reported Mar 19, 2026: actual -0.089, estimate 0.401, surprise -122.22%, Miss. Q1 2026, reported Mar 31, 2026: actual —, estimate 0.401, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 0.785, estimate 0.993, surprise -20.95%, Miss. Q1 2027, reported Mar 30, 2027: actual —, estimate 0.093, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates24.56B21.91B19.26B16.62BQ3 '24BeatQ4 '24No estimateQ1 '25BeatQ2 '25MissQ1 '26MissQ1 '26EstimateQ3 '26MissQ1 '27Estimate
Q3 2024, reported Aug 22, 2024: actual 18.86B HKD, estimate 17.56B HKD, surprise +7.39%, Beat. Q4 2024, reported Dec 31, 2024: actual 19.85B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 19.87B HKD, estimate 19.81B HKD, surprise +0.26%, Beat. Q2 2025, reported Jun 30, 2025: actual 19.84B HKD, estimate 21B HKD, surprise -5.48%, Miss. Q1 2026, reported Mar 19, 2026: actual 21.29B HKD, estimate 21.5B HKD, surprise -0.97%, Miss. Q1 2026, reported Mar 31, 2026: actual —, estimate 21.5B HKD, surprise —, Comparison unavailable. Q3 2026, reported Aug 13, 2026: actual 22.07B HKD, estimate 22.3B HKD, surprise -1.03%, Miss. Q1 2027, reported Mar 30, 2027: actual —, estimate 23.62B HKD, surprise —, Comparison unavailable.

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ETFs holding 2602.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Global X Hang Seng High Dividend Yield ETF (HKD) logoGlobal X Hang Seng High Dividend Yield ETF (HKD)3110.HK
Market value
157.98M
Weight
2.68%
AUM
5.93B HKD
Expense ratio
0.68%
Price / 1D
HK$31.78-0.50%
Vanguard FTSE Emerging Markets ETF logoVanguard FTSE Emerging Markets ETFVWO
Market value
8.51M
Weight
0.01%
AUM
162.3B USD
Expense ratio
0.06%
Price / 1D
$60.45+0.72%
Vanguard Total International Stock ETF logoVanguard Total International Stock ETFVXUS
Market value
8.41M
Weight
0.00%
AUM
646.2B USD
Expense ratio
0.05%
Price / 1D
$87.71+0.78%
iShares Core MSCI Emerging Markets ETF logoiShares Core MSCI Emerging Markets ETFIEMG
Market value
6.29M
Weight
0.00%
AUM
160B USD
Expense ratio
0.09%
Price / 1D
$81.57+0.64%
iShares Emerging Markets Dividend ETF logoiShares Emerging Markets Dividend ETFDVYE
Market value
6.02M
Weight
0.49%
AUM
1.26B USD
Expense ratio
0.50%
Price / 1D
$35.45+1.81%
WisdomTree Emerging Markets High Dividend Fund logoWisdomTree Emerging Markets High Dividend FundDEM
Market value
3.6M
Weight
0.09%
AUM
3.93B USD
Expense ratio
0.63%
Price / 1D
$55.08+0.95%
Vanguard FTSE All-World ex-US Small-Cap ETF logoVanguard FTSE All-World ex-US Small-Cap ETFVSS
Market value
2.64M
Weight
0.02%
AUM
13.6B USD
Expense ratio
0.06%
Price / 1D
$160.06+0.43%
Vanguard Global ex-U.S. Real Estate ETF logoVanguard Global ex-U.S. Real Estate ETFVNQI
Market value
2.17M
Weight
0.06%
AUM
3.9B USD
Expense ratio
0.12%
Price / 1D
$45.71+0.04%

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