Executive Summary
Fineland Living Services Group Limited reported QQ2 2025 revenue of 168.431 million CNY, up 84.1% year over year, driven by expanded activity in its real estate agency and property management services. Despite top-line growth, the quarter delivered an operating loss of 8.812 million CNY and a net loss of 5.999 million CNY, with negative EBITDA of 4.77 million CNY. The gross profit reached 33.431 million CNY, yielding a gross margin of 19.85%, indicating improving but still constrained margin discipline as the company scales its services. Earnings per share stood at -0.015 CNY, and YoY metrics show meaningful profitability expansion on a gross level (gross profit up 214% YoY) but still negative at the operating and net levels, underscoring cost absorption and efficiency challenges in the near term.
Key Performance Indicators
Key Insights
Revenue: 168,431,000 CNY (YoY +84.1%; QoQ 0.0%). Gross Profit: 33,430,998 CNY; Gross Margin: 19.85% (YoY margin not disclosed for direct comparison). EBITDA: -4,770,000 CNY; EBITDA Margin: -2.84%. Operating Income: -8,812,000 CNY; Operating Margin: -5.23%. Net Income: -5,999,000 CNY; Net Margin: -3.56%. EPS: -0.0150 CNY. Cash Flow: Operating cash flow per-share -0.0469 CNY; Free cash flow per-share -0.0472 CNY; Cash per share 0.261 CNY. Liquidity: Current ratio 0.863, Quick ratio 0.863, Cash rat...
Financial Highlights
Revenue: 168,431,000 CNY (YoY +84.1%; QoQ 0.0%). Gross Profit: 33,430,998 CNY; Gross Margin: 19.85% (YoY margin not disclosed for direct comparison). EBITDA: -4,770,000 CNY; EBITDA Margin: -2.84%. Operating Income: -8,812,000 CNY; Operating Margin: -5.23%. Net Income: -5,999,000 CNY; Net Margin: -3.56%. EPS: -0.0150 CNY. Cash Flow: Operating cash flow per-share -0.0469 CNY; Free cash flow per-share -0.0472 CNY; Cash per share 0.261 CNY. Liquidity: Current ratio 0.863, Quick ratio 0.863, Cash ratio 0.167. Asset efficiency: Asset Turnover 0.484; Fixed Asset Turnover 15.87. Leverage: Debt ratio 0.00249; Debt to equity 0.0291; Equity multiplier 11.68. Valuation (as of QQ2 2025): Price-to-Book 0.771; Price-to-Sales 0.136; Price-to-Earnings negative; Enterprise Value Multiple 4.23.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
168.43M |
84.06% |
0.00% |
| Gross Profit |
33.43M |
214.27% |
0.00% |
| Operating Income |
-8.81M |
72.52% |
0.00% |
| Net Income |
-6.00M |
80.73% |
0.00% |
| EPS |
-0.02 |
80.72% |
0.00% |
Key Financial Ratios
operatingProfitMargin
-5.23%
operatingCashFlowPerShare
$-0.05
freeCashFlowPerShare
$-0.05
Management Commentary
Note: Earnings transcript for QQ2 2025 is not provided in the dataset. Consequently, there are no management quotes to anchor this section. This analysis relies on the reported financials and industry context to infer management emphasis and strategic priorities.
No QQ2 2025 earnings call transcript is available in the provided data.
— Management
Management quotes could not be retrieved for QQ2 2025. Please refer to the official earnings release and subsequent filings for any articulated targets or strategy updates.
— Investor Relations
Forward Guidance
No formal forward guidance was issued by management for the near term in the QQ2 2025 release. Given the macro backdrop of China’s real estate sector and Fineland’s quarterly cadence, investors should monitor: (1) trajectory toward positive EBITDA and free cash flow through better SG&A containment and D&A optimization; (2) working capital efficiency and cash conversion cycle improvement; (3) continued revenue growth from core services (real estate agency, property management, value-added services) and potential margin expansion from scale effects and efficiency gains; (4) any strategic updates around online/offline service integration and partnerships with developers. If management articulates targets in subsequent disclosures, assess achievability against YoY revenue growth, gross margin stabilization, and cash flow milestones driven by cost discipline and working capital improvements.