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Zhong An Intelligent Living (2271) Fair Value & Analysis

Real Estate · HK · Market cap HK$1.9B

ZA Zhong An Intelligent Living 2271 · HK
PriceHK$3.00
Fair ValueHK$1.52
Upside-49.3%
Quality54/100
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Mixed Growth
Thin margins · 6.7% net margin
Low debt · generates free cash flow
0.43% dividend yield
Trails peers (4/14)
Narrow moat 41/100
Evidence: High Range HK$1.00 – HK$1.88 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 3 days ago

Share price −5.7% over the past month.

A solid business, but screening 49% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (HK$1.88). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (HK$1.00 to HK$1.88) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (3 years)

HK$5.87 HK$0.4281 Fair Value HK$1.52 Jul 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

37‑month range HK$0.4281 – HK$5.87 · fair‑value band HK$1.00 – HK$1.88 · the HK$3.00 price screens above the HK$1.52 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Zhong An Intelligent Living (2271) currently trades at HK$3.00, while our model-based Fair Value estimate is HK$1.52, implying the stock looks roughly 49.3% overvalued today. The Quality Score stands at 54/100 (solid quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Zhong An Intelligent Living generated revenue of HK$472M at a net margin of 6.7%. Revenue grew 12.1% year over year. It earns a return on equity of 9.8%. The stock trades on a trailing P/E of 50.0 (as of Jul 2, 2026). Fundamentals as of Aug 13, 2026

Our scenario range runs from HK$1.00 (bear case) to HK$1.88 (bull case); at HK$3.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 52% below its 52-week high and 202% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 15% fair-value upside, at -49%, 2271 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF HK$0.6100 HK$0.8400 HK$1.19 80
Residual Income HK$0.4800 HK$0.5200 HK$0.6200 76
Rev-Margin DCF HK$0.8500 HK$1.39 HK$2.12 74
All 16 models by family
DCF Models
FCF DCF HK$0.6200 HK$0.8900 HK$1.34 38
5Y Revenue Exit HK$0.8500 HK$1.42 HK$2.22 39
5Y EBITDA Exit HK$1.01 HK$1.76 HK$2.74 41
10Y Revenue Exit HK$0.7400 HK$1.22 HK$2.02 36
10Y EBITDA Exit HK$0.8500 HK$1.45 HK$2.43 37
Dividend Discount
Gordon GGM HK$0.1400 HK$0.2500 HK$0.3500 70
DDM Multi-Stage HK$0.1400 HK$0.2300 HK$0.2700 61
Multiples
P/S Multiple HK$0.7400 HK$0.9900 HK$1.23 58
P/B Multiple HK$0.7400 HK$0.9900 HK$1.23 55
EV/EBIT HK$1.59 HK$2.03 HK$2.47 53
EV/EBITDA HK$1.31 HK$1.66 HK$2.01 54
EV/Revenue HK$0.9900 HK$1.31 HK$1.62 43
Asset-Based
NCAV (Graham) HK$0.2900 HK$0.3900 HK$0.5900 50
Growth DCF
Growth DCF HK$0.6100 HK$0.8400 HK$1.19 80
Rev-Margin DCF HK$0.8500 HK$1.39 HK$2.12 74
Economic Profit
Residual Income HK$0.4800 HK$0.5200 HK$0.6200 76

Widest divergence: DCF Models (HK$1.42) versus Dividend Discount (HK$0.2300). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) HK$472M
Revenue growth (YoY) +12.1%
Net margin 6.7%
Return on equity 9.8%
Free cash flow HK$17.0M FY2025
P/E ratio 50.0 as of Jul 2, 2026
More key figures
Operating margin 10.4%
EPS (TTM) HK$0.0200
Dividend yield 0.4%
EPS growth (YoY) -15.3%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 57 · Market factors (momentum, volatility) 43

Profitability 45
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 39
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 46
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 78
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Zhong An Intelligent Living Service Limited, an investment holding company, provides integrated property management services in the Chinese Mainland. It operates through three segments: Property Management Services, Value-Added Services, and Community Value-Added Services.

Full company description

Zhong An Intelligent Living Service Limited, an investment holding company, provides integrated property management services in the Chinese Mainland. It operates through three segments: Property Management Services, Value-Added Services, and Community Value-Added Services. The Property Management Services segment provides residential and non-residential property management services to the property owners. The Value-Added Services segment offers cleaning, security and maintenance, sales office management, preliminary planning and design consultancy, and pre-delivery inspection services. The Community Value-Added Services segment provides advertising spaces and common areas of commercial and residential property management services; community retail, car washing, and beautification services; and assistance in sales of car parking spaces to third parties. This segment also offers renovation waste disposal services. It also provides E-commerce, property consulting, and internet information services. The company was founded in 1998 and is headquartered in Hangzhou, the People's Republic of China. Zhong An Intelligent Living Service Limited operates as a subsidiary of Zhong An Service Holding Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Zhong An Intelligent Living reported revenue of HK$472M in FY2025 versus HK$296M in FY2021, a compound +12.4%/yr. Reported net income was HK$31.5M in FY2025, compounding −5.2%/yr from FY2021.

Growth Quality 76/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
HK$472M
Latest YoY
+14.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+15.4%
Revenue +12.4%/yr
FY21 HK$296M
FY22 HK$320M
FY23 HK$351M
FY24 HK$412M
FY25 HK$472M
Net income −5.2%/yr
FY21 HK$39.0M
FY22 HK$50.8M
FY23 HK$49.3M
FY24 HK$38.1M
FY25 HK$31.5M

2271 screens 49% overvalued. Compare with Plaza S.A →

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Cite: Fair Value Calculator (2026). "Zhong An Intelligent Living Fair Value". https://www.fairvalue-calculator.com/stock/2271

Peer Group

Real Estate Services · 529 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 54 · Below median
Fair Value upside −49% · Bottom 25%
Return on equity (TTM) 10% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 7% · Below median
Operating margin (TTM) 10% · Below median
Revenue growth 12% · Above median
Dividend yield (TTM) 0.4% · Bottom 25%
Debt / equity 0.09× · Lower than median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 50.0× · Pricier than 75% of peers
P/B 5.94× · Pricier than 75% of peers
P/S (TTM) 4.02× · Pricier than median
P/FCF 14.2× · Pricier than 75% of peers
EV/EBITDA 40.4× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 34
FUTURE 61 · sector 10
PAST 39 · sector 16
HEALTH 95 · sector 85
DIVIDEND 9 · sector 59

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Plaza S.A MALLPLAZA 3,989 CLP 4,571 CLP +15%
PT Solusi Tunas Pratama Tbk SUPR 43,850 IDR 15,049 IDR -66%
Cencosud Shopping S.A CENCOMALLS 2,412 CLP 2,976 CLP +23%
PT Sarana Menara Nusantara Tbk. owns and TOWR 392.00 IDR 1,012 IDR +158%
PT Metropolitan Kentjana Tbk MKPI 22,000 IDR 19,160 IDR -13%
PT Bangun Kosambi Sukses Tbk, CBDK 3,610 IDR 3,464 IDR -4%
IRSA Inversiones y Representaciones Sociedad Anónima, IRSA 2,495 ARS 2,990 ARS +20%
PT Plaza Indonesia Realty Tbk PLIN 2,510 IDR 2,698 IDR +7%
PT MNC Tourism Indonesia Tbk, KPIG 74.00 IDR 122.12 IDR +65%
PT Indonesian Paradise Property Tbk INPP 770.00 IDR 291.52 IDR -62%

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Frequently asked questions

Is Zhong An Intelligent Living (2271) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of HK$1.52 versus a price of HK$3.00, about −49% (overvalued).
What is the fair value of 2271?
Our model-based fair value for Zhong An Intelligent Living is HK$1.52 (as of Aug 13, 2026), built from audited fundamentals. The current price is HK$3.00.
What is the quality score of 2271?
Zhong An Intelligent Living has a Quality Score of 54/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Zhong An Intelligent Living (2271)?
Zhong An Intelligent Living reported trailing-twelve-month revenue of about HK$472M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 2271?
The net profit margin of Zhong An Intelligent Living is about 6.7%, meaning it keeps roughly 6.7% of revenue as net income. Based on the latest reported figures.
Does Zhong An Intelligent Living pay a dividend?
Zhong An Intelligent Living currently shows a dividend yield of about 0.43% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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