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2352.HK — HKEX Real Estate Services

2352.Hk

HK$4,61
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Mcap
308,8M HKD
P/E
—
EV / Rev
—
Div yield
0,00 %
Op margin
2,6 %
ROE
6,7 %
Net margin
1,8 %
Debt / equity
0,10
Beta
—
52w range
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Volume
—
Day range
—
Prev close
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Open
—
Next earnings
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Ex-dividend
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TR 1Y
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About

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

Business. The company operates in the real estate services industry, 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→
6,7 %
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 2352.

    • 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 2352.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 industry, providing services related to real estate management and development.

    Classification92 %
    SectorReal Estate
    IndustryReal Estate Services
    AI synthesis
    GENERATED

    The company maintains a strong liquidity position, with cash and equivalents amounting to CNY 299.07 million, which is a significant portion of its total assets of CNY 1.52 billion. The liquidity FPT (free cash flow to total debt) is not explicitly provided, but the company's current ratio of 1.0 suggests a balanced short-term liquidity profile.

    Profitability metrics indicate a modest return on equity of 6.74% and a return on assets of 1.83%, which are below the typical thresholds for high-performing real estate services firms. The company's net income of CNY 27.82 million and operating income of CNY 40.05 million reflect a relatively low margin structure, which is consistent with the industry's competitive landscape.

    The company's revenue is not segmented by geographic region or business line in the provided data, making it difficult to assess the concentration of its revenue streams. However, the company's operations are likely concentrated in the regions where it has a physical presence, as is typical for real estate services firms.

    The company's growth trajectory is not explicitly outlined in the provided data, but the current financial outlook suggests a stable revenue base. The company's market capitalization of CNY 301.46 million and a price-to-earnings ratio of 10.84 indicate a relatively low valuation compared to industry peers. The company's future growth will depend on its ability to expand its service offerings and enter new markets.

    The risk assessment indicates a low level of liquidity and dilution risk, with no immediate filing-based flags detected. The company's debt-to-equity ratio of 0.1 suggests a conservative capital structure, which reduces the risk of financial distress. However, the company's low liquidity position may limit its ability to respond to unexpected market conditions.

    Recent events and filings do not indicate any significant changes in the company's operations or financial position. The company's financial statements and disclosures are consistent with its historical performance, and there are no indications of material risks or liabilities that could impact its future operations.

    Key takeaways
    • The company has a strong liquidity position with significant cash reserves.
    • Profitability metrics are modest, with a return on equity of 6.74%.
    • The company's capital structure is conservative, with a low debt-to-equity ratio.
    • There are no immediate liquidity or dilution risks based on the provided data.
    • The company's market valuation is relatively low compared to industry peers.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$4,61
    Market cap
    HK$301.5M
    Enterprise valueⓘ
    HK$45.3M
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    0.7x
    P / Tangible bookⓘ
    0.7x
    Tangible book
    HK$413.0M
    Net cashⓘ
    HK$256.1M
    Current ratioⓘ
    1.0
    Debt / equityⓘ
    0.1
    ROAⓘ
    1.8%
    ROEⓘ
    6.7%
    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 riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin2,6 %Below median
    Net Margin1,8 %Below median
    ROE6,7 %Above median
    D/E0,10Above median

    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
    • 2352.HK Market data — financials · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2352.HKCanonical
    HKEX · HKD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    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