Greentown Service Group Co. Ltd. logo

Greentown Service Group Co. Ltd.

2869.HK

HKSEReal EstateReal Estate - Services

Latest quote

HK$4.31

+HK$0.07 · +1.65%

Aug 24, 4:08 PM HKT

2869.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Greentown Service Group Co. Ltd. offers extensive residential property management services across China, Australia, and Hong Kong. Their primary responsibilities encompass essential tasks such as security, cleaning, landscaping, and general repair and maintenance. The company also operates as a consultant, guiding real estate developers through various phases, from initial project planning and design to construction oversight and marketing strategies. Furthermore, they extend broader management consulting expertise to both developers and other property management companies. For property owners and residents, Greentown provides a diverse range of community-centric offerings, including solutions for everyday living, enhancement of shared communal areas, property asset administration, and cultural and educational programs. Beyond these, the group boasts a comprehensive portfolio of supplementary and specialized services. These include various lifestyle and community support functions like nursery care, recreational activities, and community leasing and sales. They also deliver a wide spectrum of business and management support services, covering hotel management, general business and education consultancy, property management training, financial and information technology outsourcing, supply chain management, education software development, advertising design, equipment maintenance, and wholesale and retail operations. The company additionally manages exhibition and market promotion initiatives. Established in 1998, Greentown Service Group is headquartered in Hangzhou, People's Republic of China.

Industry
Real Estate - Services
Sector
Real Estate
Headquarters
CN
CEO
Keli Jin
Listed since
Jul 12, 2016
Employees
51,785

Market position

Day range

Current HK$4.31

52-week range

Current HK$4.31

Open
HK$4.325
Previous close
HK$4.24
Volume
5.88M
1.76× average
Average volume
3.34M
Average daily volume
Market cap
13.59B HKD
Beta
0.65
Market reference 1
50-day average
HK$4.1888
+2.89% above average
200-day average
HK$4.4099
-2.26% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.86B CNY
P/E (TTM)
12.1×
P/B (TTM)
1.46×
P/S (TTM)
0.59×
EV / EBITDA
5.12×
Earnings yield
6.64%
Free cash flow yield
11.10%
Dividend yield
5.57%

Profitability & efficiency

Gross margin
16.92%
Operating margin
7.19%
Net margin
4.91%
Return on equity
11.05%
Return on assets
4.80%
Return on invested capital
4.74%

Financial health

Debt / equity
0.04×
Current ratio
66.29×
Altman Z-score
4.03
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends20%14%8%2%Gross margin, FY2021: 18.55%Gross margin, FY2022: 16.17%Gross margin, FY2023: 16.75%Gross margin, FY2024: 16.83%Gross margin, FY2025: 17.34%Operating margin, FY2021: 9.15%Operating margin, FY2022: 5.81%Operating margin, FY2023: 4.87%Operating margin, FY2024: 5.67%Operating margin, FY2025: 6.68%Net margin, FY2021: 6.73%Net margin, FY2022: 3.69%Net margin, FY2023: 3.48%Net margin, FY2024: 4.39%Net margin, FY2025: 4.59%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 18.55%. Gross margin FY2022 16.17%. Gross margin FY2023 16.75%. Gross margin FY2024 16.83%. Gross margin FY2025 17.34%. Operating margin FY2021 9.15%. Operating margin FY2022 5.81%. Operating margin FY2023 4.87%. Operating margin FY2024 5.67%. Operating margin FY2025 6.68%. Net margin FY2021 6.73%. Net margin FY2022 3.69%. Net margin FY2023 3.48%. Net margin FY2024 4.39%. Net margin FY2025 4.59%.

Income trends

Revenue

19.16B CNY+7.10%

Operating income

1.28B CNY+26.27%

Net income

880.2M CNY+12.12%
Income trends across reported periods21.03B CNY13.58B CNY6.13B CNY−1.31B CNYRevenue, FY2021: 12.57B CNYRevenue, FY2022: 14.86B CNYRevenue, FY2023: 17.39B CNYRevenue, FY2024: 17.89B CNYRevenue, FY2025: 19.16B CNYOperating income, FY2021: 1.15B CNYOperating income, FY2022: 862.86M CNYOperating income, FY2023: 847M CNYOperating income, FY2024: 1.01B CNYOperating income, FY2025: 1.28B CNYNet income, FY2021: 846.28M CNYNet income, FY2022: 547.5M CNYNet income, FY2023: 605.37M CNYNet income, FY2024: 785.08M CNYNet income, FY2025: 880.2M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 12.57B CNY. Revenue FY2022 14.86B CNY. Revenue FY2023 17.39B CNY. Revenue FY2024 17.89B CNY. Revenue FY2025 19.16B CNY. Operating income FY2021 1.15B CNY. Operating income FY2022 862.86M CNY. Operating income FY2023 847M CNY. Operating income FY2024 1.01B CNY. Operating income FY2025 1.28B CNY. Net income FY2021 846.28M CNY. Net income FY2022 547.5M CNY. Net income FY2023 605.37M CNY. Net income FY2024 785.08M CNY. Net income FY2025 880.2M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue19.16B CNY17.89B CNY17.39B CNY14.86B CNY12.57B CNY
Cost of goods sold15.84B CNY14.88B CNY14.48B CNY12.45B CNY10.24B CNY
Gross profit3.32B CNY3.01B CNY2.91B CNY2.4B CNY2.33B CNY
Selling, general, and administrative1.44B CNY1.5B CNY1.53B CNY1.42B CNY1.25B CNY
Operating expenses2.04B CNY2B CNY1.98B CNY1.54B CNY1.18B CNY
Interest income88.28M CNY94.55M CNY76.26M CNY48.27M CNY80.18M CNY
Interest expense30.74M CNY38.2M CNY78.34M CNY85.5M CNY54.38M CNY
Depreciation and amortization193.92M CNY267.79M CNY484.55M CNY221.4M CNY181.4M CNY
Operating income1.28B CNY1.01B CNY847M CNY862.86M CNY1.15B CNY
Net income880.2M CNY785.08M CNY605.37M CNY547.5M CNY846.28M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
36%
4 beats, 7 misses, 0 met estimates
Average EPS surprise
-0.07%
11 comparable reports
Latest EPS result
0.26
Estimate 0.28 · Miss by 6.25%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.320.240.160.08Q2 '23MissQ1 '24BeatQ2 '24MissQ1 '25BeatQ2 '25BeatQ1 '26MissQ3 '26MissQ1 '27Estimate
Q2 2023, reported Jun 30, 2023: actual 0.139, estimate 0.151, surprise -8.13%, Miss. Q1 2024, reported Mar 26, 2024: actual 0.143, estimate 0.099, surprise +44.43%, Beat. Q2 2024, reported Jun 30, 2024: actual 0.171, estimate 0.183, surprise -6.24%, Miss. Q1 2025, reported Mar 21, 2025: actual 0.17, estimate 0.096, surprise +77.78%, Beat. Q2 2025, reported Jun 30, 2025: actual 0.213, estimate 0.197, surprise +8.06%, Beat. Q1 2026, reported Mar 20, 2026: actual 0.092, estimate 0.111, surprise -17.51%, Miss. Q3 2026, reported Aug 21, 2026: actual 0.26, estimate 0.277, surprise -6.25%, Miss. Q1 2027, reported Mar 19, 2027: actual —, estimate 0.128, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates13.06B11.31B9.57B7.82BQ2 '23BeatQ1 '24MissQ2 '24MissQ1 '25MissQ2 '25BeatQ1 '26MissQ3 '26MissQ1 '27Estimate
Q2 2023, reported Jun 30, 2023: actual 8.86B HKD, estimate 8.32B HKD, surprise +6.57%, Beat. Q1 2024, reported Mar 26, 2024: actual 10.12B HKD, estimate 10.61B HKD, surprise -4.64%, Miss. Q2 2024, reported Jun 30, 2024: actual 9.74B HKD, estimate 9.92B HKD, surprise -1.85%, Miss. Q1 2025, reported Mar 21, 2025: actual 9.39B HKD, estimate 10.81B HKD, surprise -13.12%, Miss. Q2 2025, reported Jun 30, 2025: actual 10.16B HKD, estimate 9.77B HKD, surprise +4.03%, Beat. Q1 2026, reported Mar 20, 2026: actual 10.99B HKD, estimate 11.13B HKD, surprise -1.23%, Miss. Q3 2026, reported Aug 21, 2026: actual 11.39B HKD, estimate 11.7B HKD, surprise -2.66%, Miss. Q1 2027, reported Mar 19, 2027: actual —, estimate 12.56B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.20

2025 complete year0.0% since 2021

2026 partial: HK$0.24

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 23, 2026

HK$0.24

Special

Record Jun 24, 2026 · Payment Jul 9, 2026

Dividend

Ex-dividend Jun 24, 2025

HK$0.20

Special

Record Jun 25, 2025 · Payment Jul 9, 2025

Dividend

Ex-dividend Jun 25, 2024

HK$0.15

Annual

Record Jun 26, 2024 · Payment Jul 11, 2024

Dividend

Ex-dividend Jun 20, 2023

HK$0.10

Annual

Record Jun 21, 2023 · Payment Jul 11, 2023

Dividend

Ex-dividend Jun 21, 2022

HK$0.20

Special

Record Jun 22, 2022 · Payment Jul 12, 2022

Dividend

Ex-dividend Jun 22, 2021

HK$0.20

Special

Record Jun 23, 2021 · Payment Jul 13, 2021

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