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Powerlong Commercial Management Holdings Limited logo

Powerlong Commercial Management Holdings Limited

9909.HK

HKSEReal EstateReal Estate - Services

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Latest quote

HK$2.145

+HK$0.045 · +2.14%

Aug 24, 4:08 PM HKT

9909.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Powerlong Commercial Management Holdings Limited operates across the commercial and residential property management sectors within the People's Republic of China. Its commercial operational division provides a comprehensive suite of services, ranging from business tenant management and rent collection to value-added offerings like parking, common area, and advertising space administration. For new developments, it assists with market research, strategic positioning, tenant acquisition, and opening preparations. These services cater to property developers, tenants, and owners of retail commercial properties and shopping malls, often under its recognized brands: Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land. Beyond operational services, the company also delivers essential commercial property management, encompassing security, landscaping, cleaning, repair, and maintenance for tenants. In the residential sphere, Powerlong offers management solutions for various property types including residential buildings, serviced apartments, and office buildings, which involve pre-sale management and other value-added provisions for developers, owners, and residents. Furthermore, the firm extends its expertise to external clients through management consulting, technology development, and broader property and commercial operational services. Established in 1993 and headquartered in Shanghai, the company managed 88 retail commercial properties covering approximately 9.9 million square meters as of December 31, 2021. It operates as a subsidiary of Powerlong Real Estate (BVI) Holdings Limited.

Industry
Real Estate - Services
Sector
Real Estate
Headquarters
CN
CEO
Erchao Cai
Listed since
Dec 30, 2019
Employees
5,517

Market position

Day range

Current HK$2.145

52-week range

Current HK$2.145

Open
HK$2.14
Previous close
HK$2.10
Volume
55K
0.42× average
Average volume
130.67K
Average daily volume
Market cap
1.38B HKD
Beta
1.13
Market reference 1
50-day average
HK$2.1517
-0.31% below average
200-day average
HK$2.3984
-10.57% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-2.48B CNY
P/E (TTM)
5.12×
P/B (TTM)
0.34×
P/S (TTM)
0.45×
EV / EBITDA
-7.17×
Earnings yield
16.78%
Free cash flow yield
30.16%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
31.64%
Operating margin
12.16%
Net margin
8.96%
Return on equity
6.76%
Return on assets
4.01%
Return on invested capital
5.56%

Financial health

Debt / equity
0.18×
Current ratio
2.76×
Altman Z-score
2.78
Piotroski F-score
4 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends36%26%16%6%Gross margin, FY2021: 33.35%Gross margin, FY2022: 32.73%Gross margin, FY2023: 33.65%Gross margin, FY2024: 31.86%Gross margin, FY2025: 31.64%Operating margin, FY2021: 23.82%Operating margin, FY2022: 24.22%Operating margin, FY2023: 22.45%Operating margin, FY2024: 13.26%Operating margin, FY2025: 12.16%Net margin, FY2021: 17.78%Net margin, FY2022: 17.38%Net margin, FY2023: 17.18%Net margin, FY2024: 8.25%Net margin, FY2025: 8.96%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 33.35%. Gross margin FY2022 32.73%. Gross margin FY2023 33.65%. Gross margin FY2024 31.86%. Gross margin FY2025 31.64%. Operating margin FY2021 23.82%. Operating margin FY2022 24.22%. Operating margin FY2023 22.45%. Operating margin FY2024 13.26%. Operating margin FY2025 12.16%. Net margin FY2021 17.78%. Net margin FY2022 17.38%. Net margin FY2023 17.18%. Net margin FY2024 8.25%. Net margin FY2025 8.96%.

Income trends

Revenue

2.61B CNY-0.37%

Operating income

317.19M CNY-8.57%

Net income

233.52M CNY+8.10%
Income trends across reported periods2.88B CNY1.91B CNY941.94M CNY−25.96M CNYRevenue, FY2021: 2.46B CNYRevenue, FY2022: 2.55B CNYRevenue, FY2023: 2.64B CNYRevenue, FY2024: 2.62B CNYRevenue, FY2025: 2.61B CNYOperating income, FY2021: 586.98M CNYOperating income, FY2022: 617.31M CNYOperating income, FY2023: 591.63M CNYOperating income, FY2024: 346.93M CNYOperating income, FY2025: 317.19M CNYNet income, FY2021: 438.14M CNYNet income, FY2022: 443.08M CNYNet income, FY2023: 452.95M CNYNet income, FY2024: 216.02M CNYNet income, FY2025: 233.52M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.46B CNY. Revenue FY2022 2.55B CNY. Revenue FY2023 2.64B CNY. Revenue FY2024 2.62B CNY. Revenue FY2025 2.61B CNY. Operating income FY2021 586.98M CNY. Operating income FY2022 617.31M CNY. Operating income FY2023 591.63M CNY. Operating income FY2024 346.93M CNY. Operating income FY2025 317.19M CNY. Net income FY2021 438.14M CNY. Net income FY2022 443.08M CNY. Net income FY2023 452.95M CNY. Net income FY2024 216.02M CNY. Net income FY2025 233.52M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue2.61B CNY2.62B CNY2.64B CNY2.55B CNY2.46B CNY
Cost of goods sold1.78B CNY1.78B CNY1.75B CNY1.71B CNY1.64B CNY
Gross profit825.14M CNY833.95M CNY887.02M CNY834.42M CNY821.83M CNY
Selling, general, and administrative391.37M CNY302.85M CNY301.53M CNY268.75M CNY249.71M CNY
Operating expenses507.95M CNY487.03M CNY295.39M CNY216.68M CNY236.4M CNY
Interest income38.63M CNY51.48M CNY62.79M CNY53.46M CNY64.19M CNY
Interest expense33.71M CNY70.67M CNY43.68M CNY57.8M CNY42.39M CNY
Depreciation and amortization75.91M CNY84.28M CNY86.17M CNY83.42M CNY103.99M CNY
Operating income317.19M CNY346.93M CNY591.63M CNY617.31M CNY586.98M CNY
Net income233.52M CNY216.02M CNY452.95M CNY443.08M CNY438.14M CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
-3.06%
11 comparable reports
Latest EPS result
0.09
Estimate 0.4 · Miss by 78.09%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.480.330.180.03Q1 '23MissQ3 '23BeatQ1 '24MissQ3 '24BeatQ1 '25MissQ3 '25BeatQ1 '26MissQ3 '26Estimate
Q1 2023, reported Mar 30, 2023: actual 0.363, estimate 0.385, surprise -5.74%, Miss. Q3 2023, reported Aug 24, 2023: actual 0.439, estimate 0.335, surprise +31.13%, Beat. Q1 2024, reported Mar 27, 2024: actual 0.34, estimate 0.385, surprise -11.61%, Miss. Q3 2024, reported Aug 27, 2024: actual 0.329, estimate 0.279, surprise +17.75%, Beat. Q1 2025, reported Mar 26, 2025: actual 0.036, estimate 0.351, surprise -89.82%, Miss. Q3 2025, reported Aug 28, 2025: actual 0.312, estimate 0.263, surprise +18.44%, Beat. Q1 2026, reported Mar 30, 2026: actual 0.088, estimate 0.401, surprise -78.09%, Miss. Q3 2026, reported Aug 27, 2026: actual —, estimate 0.289, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.44B2.63B1.82B1.01BQ1 '23MissQ3 '23BeatQ1 '24MissQ3 '24BeatQ1 '25MissQ3 '25BeatQ1 '26MissQ3 '26Estimate
Q1 2023, reported Mar 30, 2023: actual 1.46B HKD, estimate 3.27B HKD, surprise -55.31%, Miss. Q3 2023, reported Aug 24, 2023: actual 1.38B HKD, estimate 1.33B HKD, surprise +3.89%, Beat. Q1 2024, reported Mar 27, 2024: actual 1.51B HKD, estimate 3.02B HKD, surprise -50.09%, Miss. Q3 2024, reported Aug 27, 2024: actual 1.43B HKD, estimate 1.18B HKD, surprise +21.21%, Beat. Q1 2025, reported Mar 26, 2025: actual 1.37B HKD, estimate 1.6B HKD, surprise -14.71%, Miss. Q3 2025, reported Aug 28, 2025: actual 1.43B HKD, estimate 1.2B HKD, surprise +18.79%, Beat. Q1 2026, reported Mar 30, 2026: actual 1.45B HKD, estimate 1.83B HKD, surprise -20.48%, Miss. Q3 2026, reported Aug 27, 2026: actual —, estimate 1.32B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

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

HK$0.30

2023 complete year-0.0% since 2020

Corporate action history

Dividend

Ex-dividend Nov 24, 2023

HK$0.15

Semi-Annual

Record Nov 27, 2023 · Payment Dec 20, 2023

Dividend

Ex-dividend Jun 20, 2023

HK$0.15

Semi-Annual

Record Jun 21, 2023 · Payment Oct 25, 2023

Dividend

Ex-dividend Nov 25, 2022

HK$0.15

Semi-Annual

Record Nov 28, 2022 · Payment Dec 20, 2022

Dividend

Ex-dividend Jun 21, 2022

HK$0.30

Semi-Annual

Record Jun 22, 2022 · Payment Oct 13, 2022

Dividend

Ex-dividend Nov 22, 2021

HK$0.15

Semi-Annual

Record Nov 23, 2021 · Payment Dec 15, 2021

Dividend

Ex-dividend Jun 16, 2021

HK$0.18

Semi-Annual

Record Jun 17, 2021 · Payment Aug 11, 2021

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ETFs holding 9909.HK

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

Avantis Emerging Markets Equity ETF logoAvantis Emerging Markets Equity ETFAVEM
Market value
25.37K
Weight
—
AUM
27.89B USD
Expense ratio
0.33%
Price / 1D
$92.8441-1.48%
Avantis Emerging Markets Value ETF logoAvantis Emerging Markets Value ETFAVES
Market value
5.42K
Weight
—
AUM
1.5B USD
Expense ratio
0.36%
Price / 1D
$64.80-0.56%

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