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2370.HK — HKEX Real Estate Services

2370.Hk

HK$1,24
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Mcap
248,0M HKD
P/E
—
EV / Rev
—
Div yield
—
Op margin
-1,1 %
ROE
-7,2 %
Net margin
-4,4 %
Debt / equity
0,07
Beta
—
52w range
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Volume
—
Day range
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Prev close
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Open
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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→
-7,2 %
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 2370.

    • 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 2370.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's capital structure is characterized by a low debt-to-equity ratio of 0.07, indicating a conservative leverage position. Its liquidity is supported by cash and equivalents of CNY 134,567,000, which is a significant portion of its total assets of CNY 617,562,000. The current ratio of 1.54 suggests the company has sufficient short-term assets to cover its short-term liabilities.

    Profitability metrics show a challenging performance, with a net loss of CNY 17,539,000 and an operating loss of CNY 4,235,000. The return on equity (ROE) is negative at -7.2%, and the return on assets (ROA) is also negative at -2.84%. These figures indicate that the company is not generating returns for its shareholders or effectively utilizing its assets.

    The company's revenue is concentrated in a single business segment, as disclosed in the financial snapshot. There is no detailed geographic breakdown provided, but the company's operations are likely focused in the region where it is listed. The lack of geographic diversification could pose a concentration risk if local market conditions deteriorate.

    The company's growth trajectory is uncertain, with no specific outlook provided for the current or next fiscal year. Historical revenue data shows a total revenue of CNY 400,535,000, but without comparative data, it is difficult to assess growth trends. The negative net income and operating income suggest operational challenges that may impact future growth.

    Risk factors include a low liquidity risk and a low dilution risk, as no immediate filing-based liquidity or dilution flags were detected. The company's conservative debt levels and strong cash position reduce financial risk. However, the negative profitability metrics indicate operational risks that could affect long-term stability.

    Recent events and filings do not show any significant developments that would impact the company's financial position or strategic direction. The absence of recent events suggests a stable but potentially stagnant business environment.

    Key takeaways
    • The company has a conservative capital structure with a low debt-to-equity ratio of 0.07.
    • Profitability is a concern, with a net loss of CNY 17,539,000 and a negative ROE of -7.2%.
    • The company's revenue is concentrated in a single business segment, which could pose a concentration risk.
    • Liquidity is strong, supported by CNY 134,567,000 in cash and equivalents.
    • There are no immediate liquidity or dilution risks, but the negative profitability metrics indicate operational challenges.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    HK$1,24
    Market cap
    HK$250.0M
    Enterprise valueⓘ
    HK$131.8M
    P/Eⓘ
    —
    Non-GAAP P/Eⓘ
    —
    EV / Revenueⓘ
    —
    EV / Op incomeⓘ
    —
    EV / OCFⓘ
    —
    P / Bⓘ
    1.0x
    P / Tangible bookⓘ
    1.0x
    Tangible book
    HK$243.7M
    Net cashⓘ
    HK$118.2M
    Current ratioⓘ
    1.5
    Debt / equityⓘ
    0.1
    ROAⓘ
    -2.8%
    ROEⓘ
    -7.2%
    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 Margin-1,1 %Below median
    Net Margin-4,4 %Bottom quartile
    ROE-7,2 %Bottom quartile
    D/E0,07Above 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 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
    • Ev To Revenue
      enterprise_value / revenue
    Source documents
    • 2370.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
    2370.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