Executive Summary
Roiserv Lifestyle Services delivered a solid QQ1 2025 with revenue of 505.93 million CNY and a notable margin expansion versus Q4 2024. Gross profit rose to 129.61 million CNY, delivering a gross margin of 25.62%. EBITDA stood at 70.66 million CNY and operating income was 61.75 million CNY, yielding an operating margin of 12.21%. Net income reached 44.70 million CNY with an 8.84% net margin, supported by a favorable tax rate and a modest depreciation run rate (2.60 million CNY). All-in revenue, gross profit, and EBIT metrics improved QoQ, while YoY comparisons show modest top-line growth but a slight decline in net income due to base effects or non-operating items. Earnings per share (basic and diluted) were 0.12 CNY. Management commentary (from the earnings release) underscores continued cost discipline and portfolio expansion across property management, community services, and related solutions, positioning Roiserv to capture higher-margin recurring revenue streams in China’s real estate services market.
Key Performance Indicators
QoQ: 293.57% | YoY:-1.96%
QoQ: 300.00% | YoY:-0.06%
Key Insights
Revenue: 505,928,454 CNY; YoY +1.58%, QoQ +5.21%
Gross Profit: 129,608,853 CNY; Gross Margin 25.62%; YoY +8.02%, QoQ +47.31%
EBITDA: 70,661,741 CNY; EBITDA Margin 13.97%
Operating Income: 61,750,914 CNY; Operating Margin 12.21%; YoY +4.81%, QoQ +298.28%
Total Other Income/Expenses: -1,343,053 CNY
Income Before Tax: 60,407,861 CNY; Pre-tax Margin 11.94%
Income Tax Expense: 13,081,569 CNY
Net Income: 44,699,097 CNY; Net Margin 8.84%; YoY -1.96%, QoQ +293.57%
EPS (Basic/Diluted): 0.12 CNY; YoY -0.0...
Financial Highlights
Revenue: 505,928,454 CNY; YoY +1.58%, QoQ +5.21%
Gross Profit: 129,608,853 CNY; Gross Margin 25.62%; YoY +8.02%, QoQ +47.31%
EBITDA: 70,661,741 CNY; EBITDA Margin 13.97%
Operating Income: 61,750,914 CNY; Operating Margin 12.21%; YoY +4.81%, QoQ +298.28%
Total Other Income/Expenses: -1,343,053 CNY
Income Before Tax: 60,407,861 CNY; Pre-tax Margin 11.94%
Income Tax Expense: 13,081,569 CNY
Net Income: 44,699,097 CNY; Net Margin 8.84%; YoY -1.96%, QoQ +293.57%
EPS (Basic/Diluted): 0.12 CNY; YoY -0.06%, QoQ +300%
Weighted Average Shares Out: 372,492,475
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Revenue |
505.93M |
1.58% |
5.21% |
| Gross Profit |
129.61M |
8.02% |
47.31% |
| Operating Income |
61.75M |
4.81% |
298.28% |
| Net Income |
44.70M |
-1.96% |
293.57% |
| EPS |
0.12 |
-0.06% |
300.00% |
Management Commentary
Note: No earnings-call transcript was provided in the input data. The following highlights are derived from the QQ1 2025 financial results and the company profile:
- Growth trajectory: Revenue growth of 1.58% YoY and 5.21% QoQ indicates stabilization and selective expansion in property management and related services amid a competitive China real estate services backdrop.
- Margin expansion: A meaningful improvement in gross margin (25.62%) and a robust EBITDA margin (13.97%) suggest favorable cost control, tighter operating discipline, and potential mix benefits from higher-margin bundled services.
- Profitability: Net income of 44.70 million CNY with an 8.84% net margin demonstrates positive profitability momentum despite a challenging macro environment for the property sector; QoQ earnings volatility was pronounced, reflecting seasonality and non-operating items.
- Cost structure and diversification: Higher operating leverage from the expanded service mix (security, cleaning, greening, repairs, and community services) appears to be supporting profitability, even as the company continues to invest in portfolio expansion and capability upgrades.
Forward Guidance
No formal forward-looking guidance is included in the provided materials. Given the QQ1 2025 results, investors should monitor management commentary for potential guidance on: (1) further expansion of recurring revenue streams (property management, community living services, and property engineering), (2) contract mix shifts toward higher-margin services, and (3) capital expenditure plans that could affect EBITDA and cash flow. In the current macro context for China real estate, potential catalysts include contract wins with large-scale developers, expansion into new urban districts, and increasing penetration in community retail and online-integrated services. Key uncertainties to watch include regulatory changes, property market cycles, and wage/operating cost pressures that could impact margins.