First Service Holding (HKSE:02107) Total Liabilities: HK$1,082 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:02107 First Service Holding Ltd HKSE:02107
61 GF Score
Price HK$0.44
GF Value HK$0.40
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is First Service Holding Total Liabilities?

First Service Holding HKSE:02107 +4.82% 61 Total Liabilities is HK$1,082 Mil as of Dec. 2025. GuruFocus rates HKSE:02107 with a GF Score™ of 61/100 and a GF Value™ of HK$0.40 (Fairly Valued). The stock has 8 warning signs investors should review.

First Service Holding's Total Liabilities for the quarter that ended in Dec. 2025 was HK$1,082 Mil.

First Service Holding's quarterly Total Liabilities increased from Dec. 2024 (HK$1,081.67 Mil) to Jun. 2025 (HK$1,118.62 Mil) but then declined from Jun. 2025 (HK$1,118.62 Mil) to Dec. 2025 (HK$1,081.92 Mil).

First Service Holding's annual Total Liabilities increased from Dec. 2023 (HK$829.16 Mil) to Dec. 2024 (HK$1,081.67 Mil) and increased from Dec. 2024 (HK$1,081.67 Mil) to Dec. 2025 (HK$1,081.92 Mil).

First Service Holding Total Liabilities Historical Data

* Premium members only.

The historical data trend for First Service Holding's Total Liabilities 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.

First Service Holding Total Liabilities Chart

First Service Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only 837.97 776.01 829.16 1,081.67 1,081.92

First Service Holding Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 829.16 1,069.50 1,081.67 1,118.62 1,081.92
HKSE:02107
61GF Score
First Service Holding Ltd HKSE:02107
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Service Holding Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

First Service Holding's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1073.981+(2.182+5.7549999999999
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1,082

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=1743.109-661.191
=1,082

First Service Holding's Total Liabilities for the quarter that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1073.981+(2.182+5.7549999999999
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=1,082

Total Liabilities=Total Assets (Q: Dec. 2025 )-Total Equity (Q: Dec. 2025 )
=1743.109-661.191
=1,082

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of HK$1,082 Mil mean?
First Service Holding (HKSE:02107) has a Total Liabilities of HK$1,082 Mil as of Dec. 2025. The total amount of liabilities as recorded on a company's balance sheet. View historical data for First Service Holding and its competitors.
Is First Service Holding's Total Liabilities too high?
First Service Holding's current Total Liabilities is HK$1,082 Mil. Overall, First Service Holding has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Service Holding's Total Liabilities compare to CBRE and BEKE?
First Service Holding's Total Liabilities of HK$1,082 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Real Estate company?
A good Total Liabilities depends on the Real Estate industry context. However, Total Liabilities 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 Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for First Service Holding and its competitors. First Service Holding's current Total Liabilities is HK$1,082 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Service Holding stock overvalued right now?
Based on GuruFocus' analysis, First Service Holding (HKSE:02107) is currently considered Fairly Valued. The stock's GF Value™ is HK$0.40, compared to a current price of HK$0.44 — trading 8.8% above its estimated fair value. The current Total Liabilities is HK$1,082 Mil. First Service Holding's overall GF Score™ is 61/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For First Service Holding (HKSE:02107), the current Total Liabilities is HK$1,082 Mil as of Dec. 2025. 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 First Service Holding (HKSE:02107) Overvalued in 2026?

Based on GuruFocus' analysis, First Service Holding stock appears to be overvalued. The current stock price of HK$0.44 is trading 8.8% above its estimated GF Value™ of HK$0.40. GuruFocus considers First Service Holding to be Fairly Valued.

Key valuation signals for HKSE:02107:

  • Total Liabilities: HK$1,082 Mil
  • GF Value™: HK$0.40 vs. price of HK$0.44 (8.8% above fair value)
  • GF Score™: 61/100 with 8 warning signs

No single metric tells the full story. See the HKSE:02107 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

First Service Holding Business Description

Address No. 1 Xiangheyuan Road, Dongzhimenwai, 3rd Floor, Building 10, Wanguocheng MOMA, Dongcheng District, Beijing, CHN, 100028
First Service Holding Ltd is a provider of property management services and green living solutions that cover the full property life cycle. The company's service portfolio is segregated into two segments: First Property management services comprising of property management services, energy operation services under the service line of green living solutions and value-added services; and First Living segment provides green technology consulting service, system installation services, sale of goods, and energy operation services under the service line of green living solutions. It derives maximum revenue from First Property Management.
61GF Score

Get the complete analysis for HKSE:02107

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

HK$0.44
Price
HK$0.40
GF Value