Yuexiu Services Group (HKSE:06626) Beneish M-Score: -2.40 (As of Sep. 16, 2026)

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HKSE:06626 Yuexiu Services Group Ltd HKSE:06626
92 GF Score
Price HK$1.77
GF Value HK$3.78
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Yuexiu Services Group Beneish M-Score?

Yuexiu Services Group HKSE:06626 92 Beneish M-Score is -2.40 as of Sep. 16, 2026. GuruFocus rates HKSE:06626 with a GF Score™ of 92/100 and a GF Value™ of HK$3.78 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,676 Real Estate companies, Yuexiu Services Group ranks better than 53.04% on this metric.

The zones of discrimination for M-Score is as such:

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator.
An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Good Sign:

Beneish M-Score -2.4 no higher than -1.78, which implies that the company is unlikely to be a manipulator.

The historical rank and industry rank for Yuexiu Services Group's Beneish M-Score or its related term are showing as below:

HKSE:06626' s Beneish M-Score Range Over the Past 10 Years
Min: -2.86   Med: -2.47   Max: -0.13
Current: -2.4

During the past 8 years, the highest Beneish M-Score of Yuexiu Services Group was -0.13. The lowest was -2.86. And the median was -2.47.

Yuexiu Services Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Yuexiu Services Group's Beneish M-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Yuexiu Services Group Beneish M-Score Chart

Yuexiu Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial -2.78 -2.58 -2.67 -0.02 -2.39

Yuexiu Services Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.66 -1.15 -0.01 -1.99 -2.45

HKSE:06626 vs CBRE, BEKE, JLL: Beneish M-Score Comparison

For the Real Estate Services subindustry, Yuexiu Services Group's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Yuexiu Services Group Beneish M-Score vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Yuexiu Services Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Yuexiu Services Group's Beneish M-Score falls into.


HKSE:06626
92GF Score
Yuexiu Services Group Ltd HKSE:06626
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yuexiu Services Group Beneish M-Score Calculation

The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.

The M-Score Variables:

The M-score of Yuexiu Services Group for today is based on a combination of the following eight different indices:

M=-4.84+0.92 * DSRI+0.528 * GMI+0.404 * AQI+0.892 * SGI+0.115 * DEPI
=-4.84+0.92 * 1.092+0.528 * 1.577+0.404 * 0.6337+0.892 * 1.009+0.115 * 0.9694
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.9948+4.679 * -0.027239-0.327 * 1.059
=-2.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Total Receivables was HK$1,634 Mil.
Revenue was HK$4,232 Mil.
Gross Profit was HK$625 Mil.
Total Current Assets was HK$5,732 Mil.
Total Assets was HK$7,689 Mil.
Property, Plant and Equipment(Net PPE) was HK$142 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$105 Mil.
Selling, General, & Admin. Expense(SGA) was HK$339 Mil.
Total Current Liabilities was HK$3,546 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0 Mil.
Net Income was HK$295 Mil.
Gross Profit was HK$0 Mil.
Cash Flow from Operations was HK$505 Mil.
 Total Receivables was HK$1,483 Mil.
Revenue was HK$4,194 Mil.
Gross Profit was HK$978 Mil.
Total Current Assets was HK$4,255 Mil.
Total Assets was HK$7,041 Mil.
Property, Plant and Equipment(Net PPE) was HK$163 Mil.
Depreciation, Depletion and Amortization(DDA) was HK$114 Mil.
Selling, General, & Admin. Expense(SGA) was HK$338 Mil.
Total Current Liabilities was HK$3,067 Mil.
Long-Term Debt & Capital Lease Obligation was HK$0 Mil.

1. DSRI = Days Sales in Receivables Index

Measured as the ratio of Revenue in Total Receivables in year t to year t-1.

A large increase in DSR could be indicative of revenue inflation.

DSRI=(Receivables_t / Revenue_t) / (Receivables_t-1 / Revenue_t-1)
=(1634.233 / 4231.691) / (1483.257 / 4193.943)
=0.386189 / 0.353667
=1.092

2. GMI = Gross Margin Index

Measured as the ratio of gross margin in year t-1 to gross margin in year t.

Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.

GMI=GrossMargin_t-1 / GrossMargin_t
=(GrossProfit_t-1 / Revenue_t-1) / (GrossProfit_t / Revenue_t)
=(977.554 / 4193.943) / (625.466 / 4231.691)
=0.233087 / 0.147805
=1.577

3. AQI = Asset Quality Index

AQI is the ratio of asset quality in year t to year t-1.

Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.

AQI=(1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) / (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1)
=(1 - (5731.596 + 141.717) / 7688.628) / (1 - (4255.179 + 162.644) / 7041.184)
=0.236104 / 0.372574
=0.6337

4. SGI = Sales Growth Index

Ratio of Revenue in year t to sales in year t-1.

Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.

SGI=Sales_t / Sales_t-1
=Revenue_t / Revenue_t-1
=4231.691 / 4193.943
=1.009

5. DEPI = Depreciation Index

Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.

DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.

DEPI=(Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) / (Depreciation_t / (Depreciaton_t + PPE_t))
=(114.324 / (114.324 + 162.644)) / (105.089 / (105.089 + 141.717))
=0.41277 / 0.425796
=0.9694

Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.

6. SGAI = Sales, General and Administrative expenses Index

The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.

SGA expenses index > 1 means that the company is becoming less efficient in generate sales.

SGAI=(SGA_t / Sales_t) / (SGA_t-1 /Sales_t-1)
=(339.463 / 4231.691) / (338.206 / 4193.943)
=0.080219 / 0.080642
=0.9948

7. LVGI = Leverage Index

The ratio of total debt to Total Assets in year t relative to yeat t-1.

An LVGI > 1 indicates an increase in leverage

LVGI=((LTD_t + CurrentLiabilities_t) / TotalAssets_t) / ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1)
=((0 + 3546.123) / 7688.628) / ((0 + 3066.644) / 7041.184)
=0.461217 / 0.43553
=1.059

8. TATA = Total Accruals to Total Assets

Total accruals calculated as the change in working capital accounts other than cash less depreciation.

TATA=(IncomefromContinuingOperations_t - CashFlowsfromOperations_t) / TotalAssets_t
=(NetIncome_t - NonOperatingIncome_t - CashFlowsfromOperations_t) / TotalAssets_t
=(295.452 - 0 - 504.879) / 7688.628
=-0.027239

An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.

Yuexiu Services Group has a M-score of -2.38 suggests that the company is unlikely to be a manipulator.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of -2.40 mean?
Yuexiu Services Group (HKSE:06626) has a Beneish M-Score of -2.40 as of Sep. 16, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Yuexiu Services Group and its competitors. According to the industry distribution chart, Yuexiu Services Group ranks #787 out of 1676 companies in the Real Estate industry, placing it in the top 47%.
Is Yuexiu Services Group's Beneish M-Score too high?
Yuexiu Services Group's current Beneish M-Score is -2.40. Based on the distribution chart, Yuexiu Services Group ranks #787 out of 1676 companies in the Real Estate industry, which is above the industry midpoint. Overall, Yuexiu Services Group has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Yuexiu Services Group's Beneish M-Score compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Yuexiu Services Group ranks #787 out of 1676 companies for Beneish M-Score. This puts Yuexiu Services Group in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Real Estate company?
A good Beneish M-Score depends on the Real Estate industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Yuexiu Services Group and its competitors. Yuexiu Services Group's current Beneish M-Score is -2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuexiu Services Group stock overvalued right now?
Based on GuruFocus' analysis, Yuexiu Services Group (HKSE:06626) is currently considered Possible Value Trap. The stock's GF Value™ is HK$3.78, compared to a current price of HK$1.77 — trading 53.2% below its estimated fair value. The current Beneish M-Score is -2.40. Yuexiu Services Group's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Yuexiu Services Group (HKSE:06626), the current Beneish M-Score is -2.40 as of Sep. 16, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Yuexiu Services Group (HKSE:06626) Overvalued in 2026?

Based on GuruFocus' analysis, Yuexiu Services Group stock appears to be undervalued. The current stock price of HK$1.77 is trading 53.2% below its estimated GF Value™ of HK$3.78. GuruFocus considers Yuexiu Services Group to be Possible Value Trap.

Key valuation signals for HKSE:06626:

  • Beneish M-Score: -2.40
  • GF Value™: HK$3.78 vs. price of HK$1.77 (53.2% below fair value)
  • GF Score™: 92/100 with 6 warning signs

No single metric tells the full story. See the HKSE:06626 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Yuexiu Services Group Business Description

Other Exchanges 5R9:Germany
Address 160 Lockhart Road, 26th Floor, Yue Xiu Building, Wanchai, Hong Kong, HKG
Yuexiu Services Group Ltd is an integrated property management services provider. It has two business segments; Non-commercial property management and value-added services including non-commercial property management services including cleaning, security, gardening, repair, and maintenance services, value-added services to non-property owners, including sales office and display unit management, support services, and decoration services, home-living services, space operation services; and Commercial property management and operational services including commercial property management services and other value-added services, market positioning consultancy and tenant sourcing services, including market positioning and management consultancy services and tenant sourcing services.
92GF Score

Get the complete analysis for HKSE:06626

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$1.77
Price
HK$3.78
GF Value