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JiaHua Stores Holdings Limited (0602) AI Stock Analysis

HK:0602

JiaHua Stores Holdings Limited

(HKEX:0602)

Select Model
Rating:46Neutral
Price Target:HKD 0.04â–¼(-2.70% Downside)
Action:reiterated
Date:09/26/26

Low overall score primarily due to poor financial stability from negative equity and losses, along with weak valuation, with only marginal support from technical indicators.

Positive Factors
Revenue RecoveryThe return to revenue growth indicates improving sales activity across the retail business after earlier weakness. If maintained, a larger sales base can support better fixed-cost absorption and provide a foundation for restoring profitability, although earnings conversion remains unproven.
Negative Factors
Persistent Worsening LossesContinuing losses show that revenue recovery and gross margin are not translating into sustainable earnings. The deterioration in 2025 raises concern that operating costs or other expenses remain structurally too high, limiting reinvestment capacity and weakening the durability of the business model.

JiaHua Stores Holdings Limited (0602) vs. iShares MSCI Hong Kong ETF (EWH)

-40%-30%-20%-10%0%10%20%HK:0602-30.19%EWH+8.19%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Market Cap
HKD 38.39M
Dividend Yield
―
Average Volume (3M)
115.36K
Price to Earnings (P/E)
-0.3
Beta (1Y)
1.22
Revenue Growth
27.68%
EPS Growth
-222.95%
Country
Hong Kong
Employees
718
Sector
Consumer Cyclical
Sector Strength
61
Industry
Department Stores

JiaHua Stores Holdings Limited Business Overview & Revenue Model

Company Description

Jiahua Stores Holdings Limited functions as an investment holding company, primarily involved in overseeing the management and operation of retail establishments and other associated commercial ventures throughout mainland China. The firm diversifies...

How the Company Makes Money

The company primarily makes money by selling consumer goods through its retail network (e.g., supermarkets and related stores), generating revenue at the point of sale from products purchased by customers. Its earnings are driven by retail sales volu...

JiaHua Stores Holdings Limited Financial Statement Overview

Summary

Weak financial performance with negative equity of -138.97 million, consistent net losses (-17.4% margin), and declining assets, partially offset by positive operating cash flow of 108.27 million.

Income Statement

25Negative

Balance Sheet

15Very Negative

Cash Flow

45Neutral
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue402.90M402.90M378.90M353.97M335.27M434.24M
Gross Profit219.49M219.49M227.78M178.42M166.39M199.75M
EBITDA89.51M89.14M108.71M6.41M48.74M71.63M
Net Income-70.01M-70.01M-55.73M-152.58M-103.92M-100.11M
Balance Sheet
Total Assets756.49M756.49M809.75M897.38M896.43M1.03B
Cash, Cash Equivalents and Short-Term Investments28.54M28.54M25.09M40.00M66.17M26.11M
Total Debt547.45M547.45M586.94M632.48M574.82M566.89M
Total Liabilities895.46M895.46M878.64M910.54M765.02M786.04M
Stockholders Equity-138.97M-138.97M-68.89M-13.17M131.41M239.31M
Cash Flow
Free Cash Flow77.35M77.35M108.95M76.31M62.81M23.96M
Operating Cash Flow108.27M108.27M142.28M107.67M72.41M69.84M
Investing Cash Flow-31.05M-31.05M-32.13M-34.65M-10.74M-41.88M
Financing Cash Flow-75.82M-75.82M-125.06M-99.19M-21.61M-78.47M

JiaHua Stores Holdings Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.04

Price Trends

50DMA0.04Negative
100DMA0.04Negative
200DMA0.04Negative

Market Momentum

MACD-0.00Positive
RSI44.97Neutral
STOCH19.22Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0602, the sentiment is Negative. The current price of 0.04 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.04, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of -0.00 indicates Positive momentum. The RSI at 44.97 is Neutral, neither overbought nor oversold. The STOCH value of 19.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0602.

JiaHua Stores Holdings Limited Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

HK:0602 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$18.38B12.79-2.54%3.03%1.52%-15.83%
HK:0602HK:060246NeutralHKD 42.54M-0.3166.62%―27.68%-222.95%
HK:6808HK:680845NeutralHKD 10.54B-37.15-1.42%14.72%-9.68%-180.35%
HK:0825HK:082541NeutralHKD 418.16M-0.53-23.92%―-10.14%-3168.67%
HK:0980HK:098040UnderperformHKD 350.67M-0.67191.09%―-5.81%-28.31%
HK:0984HK:098440UnderperformHKD 59.28M-0.1732.83%―-3.13%9.97%

* Consumer Cyclical Sector Average

Performance Comparison

-50%0%50%HK:0602HK:0980HK:6808HK:0825HK:0984HK:2625Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26Nov '26
HK:0602 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:0602JiaHua Stores Holdings Limited0.04-0.01-28.85%
HK:0980Lianhua Supermarket Holdings Co Class H0.24-0.13-35.95%
HK:6808Sun Art Retail Group 1.16-0.51-30.46%
HK:0825New World Department Store China Limited0.24-0.05-18.33%
HK:0984AEON Stores (Hong Kong) Co., Limited0.23-0.18-44.39%
HK:2625Jiangsu Horizon Chain Supermarket Company Limited Class H0.77-2.86-78.93%

JiaHua Stores Holdings Limited Corporate Events

Jiahua Stores Tightens Lease Compliance After Listing Rules Lapse

Oct 30, 2026

Jiahua Stores Holdings Limited has moved to strengthen its internal controls after previously failing to comply in a timely manner with Hong Kong Listing Rules requirements on a major lease-related transaction. The company has introduced stricter rev...

Jiahua Stores Wins Exchange Waiver for Delayed Disposal Circular

Oct 5, 2026

Jiahua Stores Holdings Limited has updated investors on a delay in sending a shareholder circular related to its planned disposals of leasehold improvements and equipment. The company had required more time to finalise financial information, includin...

Jiahua Stores Subleases Shenzhen Mall Space and Sells Assets in Discloseable Deal

Sep 30, 2026

Jiahua Stores Holdings Limited, a Hong Kong-listed Cayman Islands company, manages retail properties such as the Longhua Jiahua Shopping Mall in Shenzhen through its subsidiary Shenzhen Baijiahua. The group focuses on operating lease services and ret...

Jiahua Stores Delays Circular on Major Asset Disposal Transaction

Sep 21, 2026

Jiahua Stores Holdings Limited has announced a delay in sending to shareholders a circular relating to a major transaction involving the disposal of leasehold improvements and equipment. The company, which had previously expected to dispatch the circ...

Jiahua Stores Secures Approval for Major Disposal of Leasehold Assets in Shenzhen

Sep 1, 2026

Jiahua Stores Holdings Limited, through its subsidiary Shenzhen Baijiahua, manages retail-related properties and lease arrangements in mainland China, focusing on subleasing commercial premises to generate revenue. The group operates within the ordin...

Jiahua Stores Revenue Grows but Interim Loss Widens Sharply

Aug 27, 2026

Jiahua Stores Holdings Limited reported unaudited interim results for the six months ended 30 June 2026 showing revenue rising to RMB205.2 million from RMB177.6 million a year earlier, but with a sharp increase in cost of inventories sold and operati...

Jiahua Stores Warns of Sharply Wider Interim Loss After Store Renovations

Aug 24, 2026

Jiahua Stores Holdings Limited, a Hong Kong-listed retail group with operations in community-focused department stores and sub-leased commercial properties in the PRC, relies on both store sales and rental income from shop premises and shopping malls...

Jiahua Stores Sets August Board Meeting to Review Interim Results and Dividend

Aug 10, 2026

Jiahua Stores Holdings Limited has scheduled a board meeting for 27 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026. The board will also consider the payment of an interim dividend and address oth...

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: Sep 26, 2026