---
title: "First Service Holding Limited (02107.HK)"
type: "quote"
locale: "en"
url: "https://longbridge.com/en/quote/02107.HK.md"
symbol: "02107.HK"
name: "First Service Holding Limited"
industry: "Real Estate Operating Companies"
---

# First Service Holding Limited (02107.HK)

| Item | Detail |
|------|--------|
| Industry | Real Estate Operating Companies |
| Location | HK Market |
| Website | [www.firstservice.hk](https://www.firstservice.hk) |

## Company Profile

First Service Holding Limited provides property management services, green living solutions, and value-added services in the People’s Republic of China. The company operates through First Property Management and First Living segments. Its property management services comprise cleaning, security, gar...

## Financial Score

> *Longbridge Financial Score™ — Proprietary multi-factor rating model by [Longbridge](https://longbridge.com). This score is independently calculated by Longbridge and is not affiliated with any third-party rating agency.*
> Updated: 2026-02-21T04:30:11.000Z

**Overall: C (0.57)**

**Industry**: Real Estate Operating Companies

| Metric | Value |
|--------|-------|
| Industry Ranking | 56 / 99 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

### Score Analysis

**Style Score**: 

#### Growth Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 6.72% |  |
| Net Profit YoY | -144.29% |  |

#### Value Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| P/B Ratio | 0.42 |  |
| Dividend Ratio | 15.25% |  |


**Size Score**: 

#### Market Cap Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 281.87M |  |

#### Revenue Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue | 1.47B |  |


**Multi Score**: C

#### Profit Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -4.02% | D |
| Profit Margin | -1.56% | D |
| Gross Margin | 25.18% | C |

#### Growth Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 6.72% | C |
| Net Profit YoY | -144.29% | E |
| Total Assets YoY | 0.33% | C |
| Net Assets YoY | -5.99% | D |

#### Cash Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Cash Flow Margin | -5324.68% | E |
| OCF YoY | 6.72% | C |

#### Operating Score: B

| Indicator | Value | Rating |
|-----------|-------|--------|
| Turnover | 0.79 | B |

#### Debt Score: D

| Indicator | Value | Rating |
|-----------|-------|--------|
| Gearing Ratio | 60.53% | D |


```chart-data:radar
{
  "title": "Longbridge Financial Score - First Service Holding Limited",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Profit",
      "grade": "D",
      "indicators": [
        {
          "name": "ROE",
          "value": "-4.02%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-1.56%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "25.18%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Growth",
      "grade": "C",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "6.72%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "-144.29%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "0.33%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "-5.99%",
          "rating": "D"
        }
      ]
    },
    {
      "name": "Cash",
      "grade": "D",
      "indicators": [
        {
          "name": "Cash Flow Margin",
          "value": "-5324.68%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "6.72%",
          "rating": "C"
        }
      ]
    },
    {
      "name": "Operating",
      "grade": "B",
      "indicators": [
        {
          "name": "Turnover",
          "value": "0.79",
          "rating": "B"
        }
      ]
    },
    {
      "name": "Security",
      "grade": "D",
      "indicators": [
        {
          "name": "Gearing Ratio",
          "value": "60.53%",
          "rating": "D"
        }
      ]
    }
  ]
}
```

### Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
|------|------|--------|--------|-----------|----------|------|--------|
| 01 | CHINA RES MIXC (HK.1209) | A | C | B | C | C | B |
| 02 | CG SERVICES (HK.6098) | C | B | B | C | B | B |
| 03 | POLY PPT SER (HK.6049) | B | B | A | C | B | B |
| 04 | GREENTOWN SER (HK.2869) | B | C | A | C | B | B |
| 05 | EVERG SERVICES (HK.6666) | B | C | A | E | B | B |

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -12.17 | 90/99 | 6.23 | 6.03 | 5.82 |
| PB | 0.42 | 55/99 | 0.60 | 0.52 | 0.44 |
| PS (TTM) | 0.19 | 13/99 | 0.28 | 0.26 | 0.20 |
| Dividend Yield | 15.25% | 2/99 | 14.91% | 12.59% | 10.64% |

## References

- [Company Overview](https://longbridge.com/en/quote/02107.HK/overview.md) - Shareholders, executives, business segments
- [Financials](https://longbridge.com/en/quote/02107.HK/norm.md) - Income statement, balance sheet, cash flow, distribution plan
- [Topics & Discussions](https://longbridge.com/en/quote/02107.HK/topics.md) - Community topics and discussions

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.