Who are Onewo's main competitors?

Named competitors: Country Garden Services (6098.HK), Poly Property Services (6049.HK), China Resources Mixc Lifestyle (1209.HK). The cockpit's measured peer set (industry) also includes Frasers Property (TQ5.SI), Shenzhen Special Economic Zone Real Estate and Properties (Group) (000029.SZ), Vantone Neo Development (600246.SS), Greenland (600606.SS), Xiangcai (600095.SS), Singapore Land (U06.SI).

Is Onewo expensive compared with its peers?

On forward p/e it trades at 20.6× against a peer median of 14.6×, 7th most expensive of 18 in its peer set.

How has Onewo stock performed?

Over six months to 6 Nov 2026 the shares returned +5.8% against -9.7% for the median peer; over one year -16.6%.

← CockpitCompetitor Analysis › 2602.HK Onewo, Inc. Class HOpen in the cockpit ↗

Onewo, Inc. Class H2602.HKCompetitor analysis, valuation and peers

Hong Kong · HKD·Real Estate›Real Estate Development

China's largest residential property-management company, spun off from developer China Vanke.

≈ A Chinese FirstService-style property management giantMomentum leader 82

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$2.84B

US dollars, full cap

Free float

24%

of shares outstanding

$/day

$1.95M

20-day average traded

Fwd P/E

20.6×

forward earnings

ROIC−WACC

n/a

WACC 12.1%

Hurdle

n/a

no reverse DCF

Next earnings

144 days

30 Mar 2027

Close · HKDHK$19.04

1D+0.9%

1W+0.4%

1M-4.6%

3M+10.6%

6M+5.8%

YTD+3.4%

1Y-16.6%

ATR %3.4%

52w lowhigh20.3% off high

What Onewo does

China's largest residential property-management company, spun off from developer China Vanke.

Charges property owners a management fee based on the floor area it manages, so revenue grows as managed area under contract grows. Most of that area was first developed by parent Vanke, and the company has been signing contracts with outside developers to reduce that dependence.

In one line: A Chinese FirstService-style property management giant.

Products and services

Residential property management
Commercial/office property management
Value-added community services

Customers

Homeowners/residential communities across China

Where it sits in the supply chain

Real estate services
Residential property management
Community/value-added services

What could go right

Growing managed area from third-party contracts

What could go wrong

China property sector stress hitting fee collection

Moat: narrow (scale, installed base, brand). Largest managed floor area in China gives scale/cost advantages and Vanke-brand trust.

Headquarters: Shenzhen, China · Founded: 1990 · Employees: 108,745

Named competitors

Onewo at a glance

Size Onewo (2602.HK) is a Hong Kong Real Estate company (Real Estate Development) with a market value of $2.84B, the 351st largest of 891 Hong Kong companies the cockpit tracks. Shares closed at HK$19.04 on 6 Nov 2026.

Performance Over six months the shares gained 5.8%, against -9.7% for the median peer and -13.4% for the Hong Kong market (cap-weighted) — 2nd highest of 20 in its peer set.

Growth Revenue grew 7.6% over the last twelve months (peer median +4.4%); the operating margin is 2.6% (peer median 24.6%).

Valuation It trades at 20.6× forward earnings against a peer median of 14.6× (7th most expensive of 18).

Next results Next results expected around 30 Mar 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Onewo against the median of its 20 peers (local-currency closes).

Onewo financials

Reported figures in HKD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	HK$42.7B	HK$40.4B	HK$39.3B	HK$36.7B	HK$35.0B
Revenue growth	—	+3%	+7%	+5%	—
Gross profit	HK$4.88B	HK$4.80B	HK$4.97B	HK$5.17B	HK$4.78B
EBITDA	HK$2.23B	HK$2.19B	HK$2.84B	HK$3.30B	HK$2.70B
Net income	HK$784M	HK$753M	HK$1.23B	HK$2.16B	HK$1.76B
Free cash flow	HK$992M	HK$1.77B	HK$1.60B	HK$2.71B	HK$3.02B
Capital expenditure	HK$177M	HK$169M	HK$277M	HK$403M	HK$533M
Total debt	n/a	HK$305M	HK$970M	HK$387M	HK$262M

Quarterly statements and history in the cockpit →

Onewo competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Onewo is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Onewo is the large dot.

Onewo competitors and peer comparison

Head to head with its named competitors (2602.HK vs 6098.HK vs 6049.HK vs 1209.HK)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Onewo 2602.HK	$2.84B	+6%	+8%	3%	20.6×	n/a
Country Garden Services 6098.HK	$2.13B	-21%	+11%	4%	7.0×	n/a
Poly Property Services 6049.HK	$1.92B	-14%	+8%	11%	7.9×	n/a
China Res Mixc 1209.HK	$12.1B	-14%	+10%	28%	18.4×	n/a

How Onewo compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Onewo against its 20 peers (data as of 6 Nov 2026)
Measure	2602.HK	Peer median	Rank in peer set
1-month return	-4.6%	+5.7%	9th lowest of 21
6-month return	+5.8%	-9.7%	2nd highest of 20
Distance from 52-week high	-20.3%	-24.4%	8th highest of 21
Revenue growth (TTM)	+7.6%	+4.4%	9th highest of 20
Operating margin	2.6%	24.6%	4th lowest of 20
Forward P/E	20.6×	14.6×	7th most expensive of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Onewo 2602.HK	Hong Kong	$2.84B	+6%	+8%	3%	20.6×	n/a	n/a
Frasers Property TQ5.SI	Singapore	$2.80B	-20%	-21%	29%	26.8×	n/a	n/a
Shenzhen Special Economic Zone Real Estate and Properties (Group) 000029.SZ	China	$2.73B	-6%	-24%	14%	n/a	n/a	n/a
Vantone Neo Development 600246.SS	China	$2.69B	-14%	+22%	-152%	n/a	n/a	n/a
Greenland 600606.SS	China	$2.66B	-20%	-30%	-12%	63.0×	n/a	n/a
Xiangcai 600095.SS	China	$3.07B	-19%	-3%	12%	26.5×	n/a	n/a
Singapore Land U06.SI	Singapore	$3.08B	-25%	+4%	36%	n/a	n/a	n/a
Catena CATE.ST	Sweden	$2.61B	-11%	+17%	82%	13.4×	n/a	n/a
Eaglerock Land LLC EROK	United States	$2.60B	n/a	n/a	n/a	29.6×	n/a	n/a
Wallenstam WALL-B.ST	Sweden	$2.57B	-2%	+2%	60%	19.3×	n/a	n/a
Savills SVS.L	United Kingdom	$2.56B	+37%	+7%	5%	13.4×	n/a	n/a
Mobimo MOBN.SW	Switzerland	$3.17B	-1%	+15%	42%	26.9×	n/a	n/a
TAG Immobilien TEG.DE	Germany	$2.51B	-20%	-5%	31%	10.1×	n/a	n/a
Quzhou Xin'an Development 600208.SS	China	$3.25B	-43%	-4%	-17%	52.0×	n/a	n/a
Cushman & Wakefield CWK	United States	$3.28B	-2%	+10%	4%	8.8×	n/a	n/a
China World Trade Center 600007.SS	China	$3.31B	+4%	-4%	42%	18.6×	n/a	n/a
Highwealth Construction 2542.TW	Taiwan	$2.42B	-5%	+111%	25%	4.3×	n/a	n/a
Hilton Grand Vacations HGV	United States	$3.33B	-10%	+19%	17%	9.4×	n/a	n/a
UNITE UTG.L	United Kingdom	$3.41B	+5%	+12%	46%	11.9×	n/a	n/a
Pandox PNDX-B.ST	Sweden	$3.43B	-1%	+15%	58%	14.6×	n/a	n/a
Kerry Properties 0683.HK	Hong Kong	$3.47B	-26%	-22%	24%	14.2×	n/a	n/a

Questions

Who are Onewo's main competitors?: Named competitors: Country Garden Services (6098.HK), Poly Property Services (6049.HK), China Resources Mixc Lifestyle (1209.HK). The cockpit's measured peer set (industry) also includes Frasers Property (TQ5.SI), Shenzhen Special Economic Zone Real Estate and Properties (Group) (000029.SZ), Vantone Neo Development (600246.SS), Greenland (600606.SS), Xiangcai (600095.SS), Singapore Land (U06.SI).
Is Onewo expensive compared with its peers?: On forward p/e it trades at 20.6× against a peer median of 14.6×, 7th most expensive of 18 in its peer set.
How has Onewo stock performed?: Over six months to 6 Nov 2026 the shares returned +5.8% against -9.7% for the median peer; over one year -16.6%.