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Shimao Property Holdings Limited (HK:0813)
:0813
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Shimao Property Holdings (0813) AI Stock Analysis

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HK:0813

Shimao Property Holdings

(0813)

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Underperform 39 (OpenAI - 4o)
Rating:39Underperform
Price Target:
HK$0.50
▲(78.57% Upside)
The overall stock score is heavily influenced by the company's poor financial performance, characterized by declining revenues, increasing losses, negative equity, and cash flow issues. Technical analysis indicates a bearish trend with oversold conditions, while valuation metrics reflect high risk due to negative profitability. These factors collectively suggest a challenging outlook for the stock.

Shimao Property Holdings (0813) vs. iShares MSCI Hong Kong ETF (EWH)

Shimao Property Holdings Business Overview & Revenue Model

Company DescriptionShimao Property Holdings Limited (0813) is a leading real estate developer based in China, primarily engaged in the development and sale of residential properties. The company is known for its comprehensive portfolio, which includes high-end residential developments, hotels, commercial properties, and urban complexes. Shimao Property Holdings focuses on creating high-quality, innovative, and sustainable living spaces in major cities across China.
How the Company Makes MoneyShimao Property Holdings makes money primarily through the development and sale of residential properties, which constitute the bulk of its revenue. The company purchases land, develops it into residential or mixed-use properties, and sells these units to consumers. Additionally, Shimao generates income from its investment properties, including commercial spaces and hotels, which provide rental and service income. The company also engages in property management services, enhancing its revenue through service fees. Strategic partnerships with local governments and other real estate developers further contribute to its earnings by facilitating large-scale projects and expansions.

Shimao Property Holdings Financial Statement Overview

Summary
Shimao Property Holdings faces significant financial challenges across all verticals. Income statement metrics reflect declining revenues and increasing losses. Balance sheet weaknesses are evident with negative equity and high debt levels. Cash flow issues persist, with negative operating and free cash flows, highlighting liquidity concerns. These factors suggest a troubled financial position, necessitating urgent strategic intervention to stabilize the company's financial health.
Income Statement
20
Very Negative
The company has experienced a significant decline in revenue, dropping from HKD 135.35 billion in 2020 to HKD 59.97 billion in 2024. The gross profit margin has been negative in 2024, indicating severe pricing or cost issues. Net losses have also widened, with a net loss of HKD 35.91 billion in 2024. Revenue growth is negative, and EBIT and EBITDA margins are deeply negative, highlighting operational challenges and inefficiencies.
Balance Sheet
15
Very Negative
The balance sheet shows a deteriorating equity position, with stockholders' equity turning negative in 2024. The debt-to-equity ratio is not meaningful due to negative equity, and total debt has increased substantially. The negative equity ratio underscores financial instability and potential solvency concerns, pointing to a high-risk financial structure.
Cash Flow
10
Very Negative
Cash flow metrics reveal significant struggles, with consistent negative free cash flow and operating cash flow over recent years. The company has not generated positive free cash flow since 2020, and the operating cash flow to net income ratio is unfavorable, indicating cash management issues. Free cash flow growth is negative, emphasizing operational and financial distress.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue59.46B59.98B59.46B63.04B107.80B135.35B
Gross Profit5.85B-5.87B5.85B5.28B3.29B40.38B
EBITDA-6.35B-31.03B-14.73B-9.70B-14.61B36.89B
Net Income-21.03B-35.91B-21.03B-21.49B-27.09B12.63B
Balance Sheet
Total Assets543.25B436.43B543.25B616.21B628.10B589.75B
Cash, Cash Equivalents and Short-Term Investments15.19B11.35B15.19B22.07B47.83B61.04B
Total Debt264.06B252.11B264.06B274.14B231.85B145.22B
Total Liabilities492.00B433.08B492.00B536.71B514.10B437.26B
Stockholders Equity14.72B-21.65B14.72B36.53B57.82B88.00B
Cash Flow
Free Cash Flow-7.70B-1.04B-5.96B-5.14B-11.07B453.68M
Operating Cash Flow-7.24B-243.97M-5.47B-4.33B-9.59B6.84B
Investing Cash Flow1.51B-368.54M1.05B5.68B-35.83B-23.25B
Financing Cash Flow-7.38B-3.24B-2.44B-27.32B31.93B25.30B

Shimao Property Holdings Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.28
Price Trends
50DMA
0.34
Negative
100DMA
0.51
Negative
200DMA
0.70
Negative
Market Momentum
MACD
-0.02
Negative
RSI
35.94
Neutral
STOCH
18.52
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0813, the sentiment is Negative. The current price of 0.28 is below the 20-day moving average (MA) of 0.29, below the 50-day MA of 0.34, and below the 200-day MA of 0.70, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 35.94 is Neutral, neither overbought nor oversold. The STOCH value of 18.52 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:0813.

Shimao Property Holdings Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
64
Neutral
HK$771.35M9.771.50%10.78%-12.42%
52
Neutral
$9.04B-1.24-32.71%-72.07%23.46%
39
Underperform
$2.41B-0.04-22.55%30.07%
39
Underperform
$2.06B-0.10-89.23%-71.42%-11.91%
38
Underperform
HK$281.13M-0.02-60.50%-103.48%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0813
Shimao Property Holdings
0.28
-1.04
-78.79%
HK:2777
Guangzhou R&F Properties Co
0.55
-1.25
-69.44%
HK:3380
Logan Property Holdings Co
1.52
0.47
44.76%
HK:3301
Ronshine China Holdings Ltd.
0.16
-0.43
-72.88%
HK:0496
Kasen International Holdings Ltd.
0.42
0.12
40.00%

Shimao Property Holdings Corporate Events

Shanghai Shimao Reports Significant Losses in 2025 Financial Results
Oct 31, 2025

Shanghai Shimao Co., Ltd., a subsidiary of Shimao Group Holdings Limited, reported its unaudited financial results for the nine months ending September 30, 2025, revealing a net loss of RMB 2.06 billion. Despite an increase in operating income compared to the previous year, the company faced significant financial challenges, including high financial expenses and impairment losses, impacting its overall financial performance and market positioning.

The most recent analyst rating on (HK:0813) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

Shimao Group Reports Nine-Month Sales Figures for 2025
Oct 10, 2025

Shimao Group Holdings Limited reported unaudited operating statistics for the nine months ending September 30, 2025, with contracted sales totaling approximately RMB19.217 billion and a contracted sold area of 1,582,061 square meters. The average selling price was RMB12,147 per square meter. In September 2025 alone, contracted sales reached RMB1.901 billion with an average selling price of RMB12,245 per square meter. These figures are preliminary and may differ from future audited financial statements, and investors are advised to exercise caution.

The most recent analyst rating on (HK:0813) stock is a Hold with a HK$0.40 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

Shimao Group Implements Debt Restructuring and Loan Extensions to Stabilize Operations
Sep 26, 2025

Shimao Group Holdings Limited has announced significant measures to improve its financial position, including an effective offshore debt restructuring scheme that reduced its debt size and pressure. The company has also extended development loan facilities and onshore loans, while accelerating property sales and ensuring timely delivery. These efforts, alongside financial support from local government initiatives, aim to stabilize Shimao’s operations and sustain its business amid challenging market conditions.

The most recent analyst rating on (HK:0813) stock is a Hold with a HK$0.40 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

Shimao Group Reports RMB17.316 Billion in Contracted Sales for 2025
Sep 5, 2025

Shimao Group Holdings Limited reported unaudited operating statistics for the eight months ending August 31, 2025, with contracted sales totaling approximately RMB17.316 billion and a sold area of 1,426,816 square meters. The average selling price during this period was RMB12,136 per square meter. In August alone, contracted sales were RMB1.806 billion, with a sold area of 153,051 square meters and an average price of RMB11,803 per square meter. These figures are preliminary and subject to change, highlighting the need for investor caution.

The most recent analyst rating on (HK:0813) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

Shimao Jianshe Reports Significant Losses in H1 2025
Aug 29, 2025

Shimao Group Holdings Limited announced the unaudited financial results for its subsidiary, Shanghai Shimao Jianshe Co., Ltd., for the first half of 2025. The company reported an operating income of RMB 5,905.7 million, a significant decrease from the previous year’s RMB 18,768.3 million, and a net loss of RMB 4,775.5 million. The total assets stood at RMB 244,030.8 million, with total equity attributable to equity holders at a negative RMB 15,543.3 million. Stakeholders are advised to exercise caution as these results are limited to Shimao Jianshe and do not reflect the entire group’s performance.

The most recent analyst rating on (HK:0813) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

Shimao Property Holdings Reports Narrowed Losses Amid Revenue Decline
Aug 28, 2025

Shimao Property Holdings is a prominent real estate company based in China, primarily engaged in property development, commercial properties operation, property management, and hotel operation. The company is known for its extensive land bank and diverse portfolio of residential and commercial properties.

Shanghai Shimao Reports Improved Financial Results Amidst Continued Losses
Aug 27, 2025

Shanghai Shimao Co., Ltd., a subsidiary of Shimao Group Holdings Limited, reported its unaudited financial results for the first half of 2025, showing an operating income of RMB 3.59 billion, up from RMB 2.67 billion in the same period last year. Despite the increase in operating income, the company faced a net loss of RMB 729 million, a significant improvement from the previous year’s loss of RMB 4.97 billion, indicating a challenging yet improving financial landscape for the company.

The most recent analyst rating on (HK:0813) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

Shimao Property Holdings Reports Improved Financial Performance Amidst Market Challenges
Aug 27, 2025

Shimao Property Holdings reported a revenue of RMB14.827 billion for the first half of 2025, with a contracted sales figure of RMB13.523 billion. Despite a gross loss of RMB908 million, the company’s loss attributable to equity holders narrowed by 60.6% compared to the previous year, indicating a significant improvement in financial performance. The company continues to focus on product innovation and prudent operations to navigate the challenging real estate market, maintaining a land bank of approximately 40.02 million sq.m. to support future sales and development.

The most recent analyst rating on (HK:0813) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

Shimao Group Schedules Board Meeting for Interim Results
Aug 15, 2025

Shimao Group Holdings Limited has announced a board meeting scheduled for 27 August 2025 to discuss and approve the interim financial results for the first half of the year. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market position and stakeholder interests.

The most recent analyst rating on (HK:0813) stock is a Sell with a HK$0.25 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

Shimao Group Reports RMB15.5 Billion in Contracted Sales for 2025
Aug 8, 2025

Shimao Group Holdings Limited reported unaudited operating statistics for the seven months ending July 31, 2025, with contracted sales amounting to approximately RMB15.510 billion and a sold area of 1,273,765 square meters. The average selling price during this period was RMB12,176 per square meter. In July alone, contracted sales were RMB1.987 billion with a sold area of 164,675 square meters, and an average price of RMB12,066 per square meter. The data is preliminary and may vary from future audited reports, and investors are advised to exercise caution.

The most recent analyst rating on (HK:0813) stock is a Sell with a HK$0.25 price target. To see the full list of analyst forecasts on Shimao Property Holdings stock, see the HK:0813 Stock Forecast page.

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: Nov 06, 2025