Glorious Sun Enterprises Limited (0393) AI Stock Analysis

Glorious Sun Enterprises Limited

(HKEX:0393)

Select Model

Rating:66Neutral

Price Target:HKD 1.50▲(14.50% Upside)

Action:downgraded

Date:08/07/26

The score is driven primarily by strong balance sheet quality and improving revenue and margins, which are offset by weaker cash flow conversion and only neutral technical momentum. Valuation is balanced by a high dividend yield, but the P/E remains elevated enough to limit the overall score.

Positive Factors

Very low leverage / strong balance sheetExtremely low debt levels (debt-to-equity ~0.6% in 2025) provide durable financial flexibility, low refinancing risk and capacity to fund operations or opportunistic investments through cycles. This structural strength reduces bankruptcy risk and supports long-term capital allocation decisions.

Negative Factors

Sharp margin volatilityLarge year-to-year swings in gross and operating margins materially reduce earnings predictability and make forecasting future profits difficult. Structural margin variability can reflect exposure to pricing, input-cost or mix shifts that weaken the reliability of returns over multi-quarter horizons.

Glorious Sun Enterprises Limited (0393) vs. iShares MSCI Hong Kong ETF (EWH)

Market Cap: HKD 2.00B
Dividend Yield: 7.37%
Average Volume (3M): 167.92K
Price to Earnings (P/E): 24.1
Beta (1Y): 0.22
Revenue Growth: 11.67%
EPS Growth: 20.48%
Country: Hong Kong
Employees: 398
Sector: Industrials
Sector Strength: 63
Industry: Consulting Services

Glorious Sun Enterprises Limited Business Overview & Revenue Model

Company Description

Glorious Sun Enterprises Limited operates as an investment holding company with a broad portfolio of businesses, prominently featuring interior design and renovation services across Mainland China, Hong Kong, Australia, New Zealand, Canada, the Unite...

Glorious Sun Enterprises Limited Financial Statement Overview

Summary

Revenue and profitability have improved, with net margin rising to 7.7% and EBIT margin reaching 8.8%, while the balance sheet is exceptionally strong with debt-to-equity at 0.6%. Cash flow is the main weakness because free cash flow conversion has been inconsistent and declined sharply in 2025.

Income Statement

72Positive

Balance Sheet

88Very Positive

Cash Flow

65Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	971.42M	976.68M	910.17M	821.24M	1.06B	997.84M
Gross Profit	214.33M	223.32M	322.46M	160.36M	162.68M	166.25M
EBITDA	81.65M	85.42M	211.65M	63.77M	57.21M	61.12M
Net Income	82.97M	75.18M	61.38M	43.61M	39.23M	37.00M
Balance Sheet
Total Assets	3.83B	3.75B	3.56B	3.05B	3.12B	3.30B
Cash, Cash Equivalents and Short-Term Investments	1.22B	1.22B	1.26B	1.74B	2.17B	2.36B
Total Debt	68.30M	16.91M	20.40M	38.59M	68.75M	49.37M
Total Liabilities	771.84M	733.16M	800.01M	675.19M	687.92M	806.89M
Stockholders Equity	3.04B	2.99B	2.75B	2.38B	2.43B	2.47B
Cash Flow
Free Cash Flow	17.19M	175.11M	274.02M	174.91M	18.72M	-27.23M
Operating Cash Flow	86.27M	177.42M	276.45M	178.79M	21.51M	-22.11M
Investing Cash Flow	28.93M	-1.46M	-615.92M	-409.33M	455.68M	165.59M
Financing Cash Flow	-115.61M	-175.49M	-162.50M	-136.98M	-71.09M	-92.97M

Glorious Sun Enterprises Limited Technical Analysis

Technical Analysis SentimentNeutral

Last Price1.31

Price Trends

50DMA1.31Positive

100DMA1.30Positive

200DMA1.29Positive

Market Momentum

MACD0.00Positive

RSI45.19Neutral

STOCH60.00Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0393, the sentiment is Neutral. The current price of 1.31 is below the 20-day moving average (MA) of 1.32, above the 50-day MA of 1.31, and above the 200-day MA of 1.29, indicating a neutral trend. The MACD of 0.00 indicates Positive momentum. The RSI at 45.19 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0393.

Glorious Sun Enterprises Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (63)

Financial Indicators

HK:0393 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
HK:1568	71Outperform	HKD 1.32B	4.61	7.71%	8.26%	1.92%	-2.09%
HK:0393	66Neutral	HKD 2.00B	24.05	2.75%	7.37%	11.67%	20.48%
Sector *	63Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
HK:8501	55Neutral	HKD 138.56M	-6.87	-17.37%	―	-17.69%	-241.71%
HK:8341	52Neutral	HKD 32.64M	2.67	10.08%	―	-19.63%	-31.69%
HK:3893	46Neutral	HKD 1.41B	-1.97	436.38%	―	17.87%	-306.00%
HK:8455	19Underperform	HKD 23.04M	-1.65	423.51%	―	9.01%	38.27%

* Industrials Sector Average

Performance Comparison

HK:0393 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
HK:0393	Glorious Sun Enterprises Limited	1.33	0.08	5.98%
HK:1568	Sundart Holdings Ltd.	0.60	-0.07	-10.64%
HK:3893	CROSSTEC Group Holdings Ltd.	1.33	0.47	55.23%
HK:8341	Aeso Holding Limited	0.14	0.02	18.26%
HK:8455	Lai Group Holding Co Ltd	0.02	-0.03	-52.00%
HK:8501	Sanbase Corporation Limited	0.70	0.20	41.41%

Glorious Sun Enterprises Limited Corporate Events

Glorious Sun Sets Board Meeting to Approve Interim Results and Consider Dividend

Jul 29, 2026

Glorious Sun Enterprises Limited has scheduled a board meeting for 10 August 2026 to approve the interim results for the six months ended 30 June 2026 and to decide on the publication of these results. The board will also consider the payment of an i...

Glorious Sun Relocates Bermuda Registered Office While Maintaining Hong Kong Share Services

Jul 28, 2026

Glorious Sun Enterprises Limited has announced that, effective 3 August 2026, its registered office, principal share registrar and transfer agent in Bermuda will relocate to Richmond House, 12 Par-la-Ville Road, Hamilton HM 08, Bermuda. The change up...

Glorious Sun Wins Shareholder Backing for Dividend, Board Mandates and Bye-law Changes

May 21, 2026

Glorious Sun Enterprises Limited reported that all resolutions proposed at its 21 May 2026 annual general meeting were approved by shareholders through a poll, including adoption of the 2025 financial statements and a final dividend of HK5.80 cents p...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 04, 2026

Glorious Sun Enterprises Limited AI Stock Analysis