2215.HK
Dexin Services Group
Q2 2025 Report
Dexin Services Group Limited (2215.HK) QQ2 2025 Financial Analysis and Investment Outlook...
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Executive Summary
Dexin Services Group Limited reported QQ1 2025 revenue of 221.50 million CNY, a year-over-year decline of 10.97% and a quarter-over-quarter decline of 6.39%. Despite top-line softness, the company delivered a solid improvement in profitability metrics, with gross margin of 21.31% and operating margin of 10.64%, contributing to an EBIT of 23.56 million and a net income of 17.07 million. EBITDA stood at 26.99 million, yielding an EBITDA margin of 12.19%. Diluted earnings per share were 0.0193 CNY on an 882.6 million share base. The notable swing in net income YoY (reported as a substantial positive move) suggests potential one-off effects, improved cost discipline, or mix changes in services. Management commentary (where available) should focus on factors influencing contract wins, pricing discipline, smart community initiatives, and regional exposure to Zhejiang properties. Near-term risk factors include a slower real estate cycle in China, competition for contracted property management services, and potential cost fluctuations in labor and maintenance. Investors should monitor any further quarterly cadence data (Q2–Q4) and HKEX filings for balance sheet strength and cash flow trends.
Key Performance Indicators
Revenue
221.50M
QoQ: -6.39% | YoY:-10.97%
Gross Profit
47.21M
21.31% margin
QoQ: -7.01% | YoY:-2.53%
Operating Income
23.56M
QoQ: 0.72% | YoY:248.97%
Net Income
17.07M
QoQ: -19.04% | YoY:2 835.42%
EPS
0.02
QoQ: -14.98% | YoY:2 857.14%
Revenue Trend
Margin Analysis
Key Insights
Revenue: 221.50 million CNY; YoY: -10.97%; QoQ: -6.39%. Gross Profit: 47.21 million CNY; Gross Margin: 21.31%; YoY Gross Margin: -2.53%; QoQ: -7.01%. Operating Income: 23.56 million CNY; Operating Margin: 10.64%; YoY: +248.97%; QoQ: +0.72%. Net Income: 17.07 million CNY; Net Margin: 7.71%; YoY: +2835.42%; QoQ: -19.04%. EBITDA: 26.99 million CNY; EBITDA Margin: 12.19%. EPS: 0.0193 CNY; Diluted EPS: 0.0193 CNY; Weighted Avg Shares: 882.58 million. Key drivers include disciplined cost management wi...