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Glory Sun Financial Group Limited
(Frankfurt:1282)
Glory Sun Financial Group Limited (1282) vs. iShares MSCI Hong Kong ETF (EWH)
Glory Sun Financial Group Limited Business Overview & Revenue Model
Glory Sun Financial Group Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.14B | 740.27M | 811.39M | 2.61B | 1.57B |
| Gross Profit | 211.51M | 138.58M | 182.18M | 432.79M | 338.08M |
| EBITDA | -234.75M | 235.65M | -253.99M | 175.27M | -121.06M |
| Net Income | -227.17M | 102.50M | -551.52M | -188.96M | -217.25M |
Balance Sheet | |||||
| Total Assets | 9.93B | 11.64B | 7.94B | 9.88B | 33.12B |
| Cash, Cash Equivalents and Short-Term Investments | 976.06M | 704.10M | 634.08M | 1.09B | 2.88B |
| Total Debt | 1.61B | 1.73B | 1.41B | 2.06B | 13.51B |
| Total Liabilities | 4.34B | 4.54B | 2.83B | 3.55B | 22.26B |
| Stockholders Equity | 5.09B | 5.08B | 4.80B | 5.94B | 7.97B |
Cash Flow | |||||
| Free Cash Flow | -245.98M | 142.34M | 586.29M | 915.73M | -3.23B |
| Operating Cash Flow | -233.98M | 144.36M | 598.04M | 951.79M | -3.18B |
| Investing Cash Flow | 528.76M | -661.13M | -158.70M | 401.48M | 245.31M |
| Financing Cash Flow | -211.36M | 661.07M | -616.40M | -3.07B | 2.35B |
Glory Sun Financial Group Limited Technical Analysis
Glory Sun Financial Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
56 Neutral | HK$348.60M | ― | -19.72% | ― | 38.17% | -17.93% | |
47 Neutral | HK$340.41M | ― | -17.78% | ― | -30.92% | 85.46% | |
43 Neutral | HK$225.15M | ― | -48.42% | ― | -87.44% | -14013.33% | |
41 Neutral | €396.64M | ― | -4.03% | ― | 55.27% | 68.84% | |
41 Neutral | HK$119.98M | ― | -65.19% | ― | -19.75% | 31.54% | |
39 Underperform | HK$482.11M | ― | -13.05% | ― | -49.15% | -1.89% |
Glory Sun Financial Group Limited Corporate Events
Renze Harvest International Limited has announced its upcoming annual general meeting (AGM) to be held on June 6, 2025, in Hong Kong. The meeting will address several ordinary resolutions, including the adoption of financial statements, re-election of directors, and the appointment of auditors. Additionally, a special resolution will be considered to authorize the board to allot and issue new shares, with certain limitations, during a defined period. This meeting is crucial for stakeholders as it involves key decisions on corporate governance and potential share issuance, impacting the company’s strategic direction and market operations.
Renze Harvest International Limited, listed on the Hong Kong Stock Exchange, reported its audited consolidated financial results for the year ending December 31, 2024. The company experienced a significant increase in revenue to HK$1,142,968,000 from HK$740,268,000 in 2023, but faced a net loss of HK$319,590,000 compared to a profit of HK$55,281,000 the previous year. The loss was attributed to substantial fair value losses on investment properties and impairment losses on financial assets. Despite the revenue growth, the overall comprehensive expense for the year was HK$455,595,000, reflecting challenges in the company’s financial performance and market conditions.
Renze Harvest International Limited has announced the appointment of Ms. Liu Jiaxin as an executive director and a member of the company’s investment committee, effective March 28, 2025. Ms. Liu, who joined the company in July 2024 as the Accounting Manager and HR & Admin Officer, brings experience from her previous roles in marketing and branding at various companies including Baidu International Technology. Her appointment is part of the company’s strategic efforts to strengthen its board and enhance its market positioning.
Glory Sun Financial Group Limited has announced the composition of the board of directors for its subsidiary, Renze Harvest International Limited. The board includes executive, non-executive, and independent non-executive directors, with Mr. Li Minbin serving as the Acting CEO and Mr. Zhang Chi as the Acting Chairman. The board has also established five standing committees to oversee various aspects of the company’s governance and strategic direction.
Renze Harvest International Limited, along with its subsidiaries, has issued a profit warning for the fiscal year ending December 31, 2024. The company anticipates a significant financial downturn, projecting a loss of at least HK$319,590,000, a stark contrast to the profit of approximately HK$55,281,000 reported in the previous year. This expected loss is primarily attributed to a fair value loss on investment properties and a write-down of property inventories. Stakeholders are advised to exercise caution when dealing with the company’s shares.
Renze Harvest International Limited, listed on the Hong Kong Stock Exchange, has announced a board meeting scheduled for March 28, 2025. The meeting will focus on approving the company’s annual financial results for the year ending December 31, 2024, and considering the payment of a final dividend, reflecting the company’s ongoing financial strategies and shareholder engagement.
Glory Sun Financial Group Limited has announced a discloseable transaction involving a HK$60,000,000 subscription to the Segregated Portfolio of the Atlantic Strategic SPC Fund II. This transaction, which is funded by the company’s internal resources, aims to enhance total returns through capital appreciation and income generation by investing in a diverse range of financial instruments. The move is expected to strengthen the company’s investment portfolio and potentially improve its market positioning.