Handelsavisen
prelaunch
Companies Real Estate 2146.HK
21
2146.HK HKEX Real Estate Services

2146.Hk

HK$1,35
Open in Charts → Attach watcher ⌖
HKD
Set alert
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
507,6M HKD
P/E
EV / Rev
Div yield
Op margin
8,7 %
ROE
4,9 %
Net margin
5,9 %
Debt / equity
0,00
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

The company operates in the real estate services sector, providing services related to real estate management and development.

Business. The company operates in the real estate services sector, providing services related to real estate management and development.

Classification92 %
SectorReal Estate
IndustryReal Estate Services
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
4,9 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2146.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate · THIS SECTOR−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2146.HK. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    The company operates in the real estate services sector, providing services related to real estate management and development.

    Classification92 %
    SectorReal Estate
    IndustryReal Estate Services
    AI synthesis
    GENERATED

    The company's capital structure is characterized by a market price of 1.43 and a market cap of 537,680,000. The price-to-book ratio is 0.23, indicating that the company's market value is significantly lower than its book value. The company's liquidity is assessed as medium, with a current ratio of 1.99, suggesting that it has sufficient short-term assets to cover its short-term liabilities.

    In terms of profitability, the company's return on equity is 0.0489, and its return on assets is 0.0261. These figures are below the industry median for real estate services, indicating that the company is underperforming relative to its peers in terms of generating returns on equity and assets.

    The company's revenue is primarily concentrated in a single geographic region, with no disclosed segments or geographic breakdowns provided in the available data. This lack of diversification could pose a risk if the local market experiences a downturn.

    The company's growth trajectory is not clearly defined in the available data, as there are no specific numeric deltas or revenue history provided to assess its growth over time. However, the company's current financial position suggests a stable but not rapidly growing business.

    The company's risk assessment indicates a low potential for dilution, with a dilution score of low. The company's capital structure does not show any significant dilution risks, and there are no adjustments applied to the valuation that would suggest a high dilution potential.

    Recent events and filings do not provide specific details about the company's operations or financial performance. The available data does not include recent transcripts or filings that would offer insight into the company's strategic direction or operational changes.

    Key takeaways
    • The company's market price is 1.43, and its market cap is 537,680,000, indicating a relatively small market presence.
    • The company's return on equity is 0.0489, which is below the industry median for real estate services.
    • The company's liquidity is assessed as medium, with a current ratio of 1.99.
    • The company's capital structure does not show any significant dilution risks.
    • "margin_outlook_rationale": "The company's margin outlook is stable, as indicated by its current profitability metrics and lack of significant changes in operating costs.",
    • "rd_outlook_rationale": "The company's research and development outlook is not applicable, as it is primarily a real estate services company and does not disclose R&D activities.",

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$1,35
    Market cap
    HK$537.7M
    Enterprise value
    HK$544.9M
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    0.2x
    P / Tangible book
    0.2x
    Tangible book
    HK$2.30B
    Net cash
    -HK$7.2M
    Current ratio
    2.0
    Debt / equity
    0.0
    ROA
    2.6%
    ROE
    4.9%
    Cash conversion
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin8,7 %Above median
    Net Margin5,9 %Above median
    ROE4,9 %Above median
    D/E0,00Above P75

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    • Market Cap
      market_price * shares_outstanding_diluted
    Source documents
    • 2146.HK Market data — financials · 2026-05-26

    Ownership & reference

    Leadership

    • Jianfu GengExecutive Chairman of the Board

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2146.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage