5I5j Holding Group Co Ltd

5I5j Holding Group Co Ltd has a market capitalization of CNY 6.64 billion and a price-to-book ratio of 0.7, indicating that the company is trading at a discount to its book value. The company's liquidity position is assessed as medium, with a current ratio of 0.73, suggesting that it may face challenges in meeting short-term obligations. The debt-to-equity ratio of 1.82 indicates a relatively high level of leverage, which could increase financial risk.

The company's profitability is weak, with a return on equity (ROE) of 0.04% and a return on assets (ROA) of 0.01%, both significantly below the industry median for real estate services. The operating margin is 0.72%, and the net profit margin is 0.13%, reflecting low profitability relative to revenue. The company's gross profit margin is 8.3%, which is also below the industry average, indicating potential cost management issues.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic downturns and regulatory changes. The company's revenue for the latest period was CNY 3.06 billion, with a gross profit of CNY 253.75 million.

Looking ahead, the company's revenue is expected to remain flat or decline slightly, with no significant growth drivers identified in the latest financial reports. The capital expenditure of CNY -116.75 million suggests a reduction in investment in physical assets, which may impact long-term growth. The company's operating cash flow of CNY 1.94 billion provides some liquidity, but the negative net cash position after subtracting total debt raises concerns about financial stability.

The company faces several risk factors, including high leverage and potential liquidity constraints. The risk assessment indicates a medium liquidity risk and a low dilution risk. The company's debt-to-equity ratio of 1.82 and the negative net cash position after subtracting total debt are key flags that could affect its ability to meet financial obligations. No significant dilution events have been identified in the latest filings, and the number of shares outstanding has remained stable.

Recent events include analyst estimates that suggest a mean price target of CNY 3.33, with a median price target of CNY 3.33. The mean recommendation is 2.50, indicating a neutral stance from analysts. No major regulatory or operational events have been disclosed in the latest financial reports, and the company's risk profile remains stable.

5i5j Holding Group Ltd (000560.SZ) has been formally classified within the Real Estate economic sector, specifically under Real Estate Services activity. This taxonomic update provides a clearer structural definition of the company’s operational focus, aligning its market identity with the broader real estate industry landscape. Concurrently, the company’s risk profile has been updated with new assessments. Dilution risk is now categorized as low, indicating a stable capital structure with minimal threat of share value erosion from new issuances. This assessment suggests that existing shareholders face limited pressure from equity dilution in the near term. Liquidity risk, however, has been assessed at a medium level. This designation highlights potential constraints or variability in the company’s ability to meet short-term financial obligations, warranting attention to cash flow management and working capital dynamics within the real estate services context. These updates collectively refine the understanding of 5i5j Holding Group Ltd’s operational and financial standing. The combination of a defined sector classification and specific risk metrics offers a more nuanced view of the company’s position, balancing low dilution concerns against moderate liquidity considerations.

Free cash flow surged to 5.08 billion CNY in 2025, demonstrating strong cash generation capabilities despite recent volatility.

Cash conversion ratio of 487.35% ranks as best-in-class within the Real Estate Services cohort of 118 peers.

Analysts project 16.3% upside to a mean price target of 3.325 CNY, reflecting a positive buy recommendation.

Long-term debt decreased significantly to 11.01 billion CNY in 2026, indicating improved leverage management compared to prior years.

Revenue reached 12.54 billion CNY in 2025, showing resilience and growth before the projected decline in 2026.

Debt-to-equity ratio of 1.82 places the company in the bottom quartile of its peer group.

The company faces high credit risk, signaling potential difficulties in meeting financial obligations or maintaining solvency.

Revenue is projected to decline 16.4% in 2026, continuing a negative four-year compound annual growth rate of 3.3%.

Revenue ¥3.77B; Operating income ¥145.3M.

• ▍Revenue ¥3.77B
• ▍Operating income ¥145.3M
• ▍Net margin 1.7%

Revenue ¥2.95B; Operating income -¥34.6M.

• ▍Revenue ¥2.95B
• ▍Operating income -¥34.6M
• ▍Net margin -0.7%

Revenue ¥3.06B; Operating income ¥2.2M.

• ▍Revenue ¥3.06B
• ▍Operating income ¥2.2M
• ▍Net margin 0.1%

Revenue ¥10.48B, −16,4% YoY; Operating income −161,7% YoY.

• ▍Revenue ¥10.48B, −16,4% YoY
• ▍Operating income −161,7% YoY
• ▍Net income −231,6% YoY
• ▍Free cash flow −32,8% YoY
• ▍Net margin -0.9%

Revenue ¥12.54B, +3,7% YoY; Operating income +116,5% YoY.

• ▍Revenue ¥12.54B, +3,7% YoY
• ▍Operating income +116,5% YoY
• ▍Net income +108,7% YoY
• ▍Free cash flow +32,3% YoY
• ▍Net margin 0.6%

Revenue ¥12.09B, +3,6% YoY; Operating income −193,7% YoY.

• ▍Revenue ¥12.09B, +3,6% YoY
• ▍Operating income −193,7% YoY
• ▍Net income −173,9% YoY
• ▍Free cash flow −4,6% YoY
• ▍Net margin -7.0%

Revenue ¥11.67B, −2,4% YoY; Operating income −232,6% YoY.

• ▍Revenue ¥11.67B, −2,4% YoY
• ▍Operating income −232,6% YoY
• ▍Net income −286,6% YoY
• ▍Free cash flow +604,7% YoY
• ▍Net margin -2.7%

Revenue ¥11.96B; Operating income ¥217.6M.

• ▍Revenue ¥11.96B
• ▍Operating income ¥217.6M
• ▍Net margin 1.4%