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Raffles Interior Ltd.
(1376)
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Rating:47Neutral
Price Target:
HK$0.12
â–²(52.50% Upside)
Action:Downgraded
Date:01/27/26
The score is held down primarily by weak financial performance (declining revenue, negative profitability, and high leverage) and a bearish technical profile with the stock trading below all major moving averages. Valuation is also constrained by a negative P/E and lack of dividend yield data.
Positive Factors
Improved Gross Margin
A sustained improvement in gross margin suggests the company has implemented effective cost controls or shifted sales mix toward higher‑margin projects. If maintained, this structural margin expansion supports longer-term profitability and provides more headroom to absorb SG&A and financing costs.
Negative Factors
Declining Revenue & Negative Profitability
A structural decline in revenue combined with sustained negative net margins signals underlying demand or pricing issues. Persistent unprofitability constrains reinvestment, weakens stakeholder confidence, and limits the firm's ability to build scale or fund strategic initiatives organically.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Gross Margin
A sustained improvement in gross margin suggests the company has implemented effective cost controls or shifted sales mix toward higher‑margin projects. If maintained, this structural margin expansion supports longer-term profitability and provides more headroom to absorb SG&A and financing costs.
Read all positive factors
Raffles Interior Ltd. (1376) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$96.00M
Dividend YieldN/A
Average Volume (3M)0.00
Price to Earnings (P/E)25.8
Beta (1Y)-0.17
Revenue GrowthN/A
EPS GrowthN/A
CountryHK
Employees376
SectorIndustrials
Sector Strength72
IndustryConsulting Services
Share Statistics
EPS (TTM)<0.01
Shares Outstanding1,000,000,000
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio0.15
Price to Book (P/B)4.36
Price to Sales (P/S)0.76
P/FCF Ratio80.30
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Raffles Interior Ltd. Business Overview & Revenue Model
Company Description
Raffles Interior Limited operates as an investment holding company, specializing in comprehensive interior fit-out solutions across Singapore. The company offers a broad spectrum of services, encompassing full project and construction management, ...
How the Company Makes Money
Raffles Interior Ltd. generates revenue through multiple streams, primarily through project-based fees for interior design services and consultancy. The company charges clients for design consultations, which can include initial assessments and de...
Raffles Interior Ltd. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
55
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Jun 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 62.83M | 47.12M | 91.18M | 66.49M | 79.58M | 64.22M |
| Gross Profit | 14.78M | 12.59M | 11.49M | 7.73M | 6.38M | -2.58M |
| EBITDA | 6.45M | 2.02M | 2.32M | -25.00K | -1.52M | -12.89M |
| Net Income | -1.06M | -4.15M | 1.40M | -1.36M | -1.12M | -15.95M |
Balance Sheet | ||||||
| Total Assets | 49.44M | 38.64M | 44.22M | 41.47M | 57.60M | 64.34M |
| Cash, Cash Equivalents and Short-Term Investments | 6.47M | 15.80M | 17.19M | 4.77M | 11.58M | 19.23M |
| Total Debt | 8.84M | 11.13M | 2.00M | 7.44M | 12.54M | 14.92M |
| Total Liabilities | 37.74M | 30.42M | 31.86M | 30.50M | 45.25M | 50.87M |
| Stockholders Equity | 11.71M | 8.22M | 12.36M | 10.97M | 12.35M | 13.47M |
Cash Flow | ||||||
| Free Cash Flow | 10.47M | 446.00K | 18.71M | -825.00K | -5.05M | -4.42M |
| Operating Cash Flow | 21.66M | 2.29M | 18.76M | -712.00K | -4.94M | -3.85M |
| Investing Cash Flow | -12.10M | -1.98M | -52.00K | -113.00K | 1.37M | -6.77M |
| Financing Cash Flow | -5.21M | -1.49M | -5.77M | -5.78M | -2.85M | 25.05M |
Raffles Interior Ltd. Technical Analysis
Negative
0.08
Price Trends
0.10
Positive
0.10
Positive
0.12
Negative
Market Momentum
>-0.01
Negative
33.27
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1376, the sentiment is Negative. The current price of 0.08 is below the 20-day moving average (MA) of 0.10, below the 50-day MA of 0.10, and below the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 33.27 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1376.
Raffles Interior Ltd. Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | HK$1.46B | 5.11 | 7.71% | 7.46% | 1.92% | -2.09% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
50 Neutral | HK$173.40M | -6.71 | -70.53% | 5.67% | 27.86% | 75.80% | |
47 Neutral | HK$96.00M | 25.79 | -40.37% | ― | ― | ― | |
42 Neutral | HK$342.13M | -7.68 | -54.35% | ― | -33.88% | 67.16% | |
42 Neutral | HK$158.36M | -11.86 | -11.58% | 2.90% | -17.69% | -241.71% | |
41 Neutral | HK$23.04M | -1.08 | 456.02% | ― | 9.01% | 38.27% |
* Industrials Sector Average
HK:1376
Raffles Interior Ltd.
0.10
-0.28
-74.74%
HK:1568
Sundart Holdings Ltd.
0.67
0.02
3.08%
HK:1867
Standard Development Group Limited
0.23
0.05
30.86%
HK:8040
Coolpoint Innonism Holding Limited
0.51
0.22
75.86%
HK:8455
Lai Group Holding Co Ltd
0.03
-0.03
-50.98%
HK:8501
Sanbase Corporation Limited
0.81
0.38
87.21%
Raffles Interior Ltd. Corporate Events
Raffles Interior Resists Shareholder-Led Board Shake-Up Amid Ongoing Appeal
Jul 28, 2026
Raffles Interior Limited has disclosed that a group of shareholders, referred to as the Requesting Shareholders, has issued a notice to convene an extraordinary general meeting in Shenzhen on 11 August 2026 to remove certain existing directors and...
Raffles Interior Faces Shareholder-Led Board Shake-Up Amid Trading Suspension
Jul 23, 2026
Raffles Interior Limited has received a requisition notice from a group of shareholders holding about 10.5% of its shares, demanding an extraordinary general meeting to overhaul the board. The proposed resolutions seek the removal of multiple exis...
Raffles Interior Board Rejects Controlling Shareholder’s Attempt to Limit Its Authority
Jul 21, 2026
Raffles Interior Limited has disclosed that it received a letter from the legal advisers of its controlling shareholder, Mr. Zheng, asserting that the current directors, other than Mr. Zheng, are only in a caretaker role and should limit their act...
Raffles Interior Keeps AGMs on Hold as Cayman Appeal Hearing Set and Trading Suspension Persists
Jul 14, 2026
Raffles Interior Limited has provided an update on its ongoing legal proceedings in the Cayman Islands, noting that the Court of Appeal has scheduled a hearing for 2 September 2026 to consider the company’s application for leave to appeal an...
Raffles Interior Details Governance Probe as Trading Suspension Continues
Jun 30, 2026
Raffles Interior Limited, a Cayman-incorporated issuer listed on Hong Kong’s Main Board, has seen trading in its shares suspended amid concerns about corporate governance and disclosure practices. The group’s operations are currently o...
Raffles Interior Postpones AGM as Court Grants Stay; Trading Suspension Continues
Jun 29, 2026
Raffles Interior Limited has postponed its annual general meeting, originally set for 30 June 2026, after the Cayman Islands Court of Appeal granted a stay on the meeting following the company’s application. As a result, the related adjourne...
Raffles Interior Challenges Court Ruling as Governance Dispute Deepens and Trading Remains Suspended
Jun 29, 2026
Raffles Interior has received a Cayman Islands court judgment invalidating board resolutions passed in January and March 2026 that postponed an extraordinary general meeting, after the court found such postponements breached the company’s ar...
Raffles Interior Calls Adjourned AGM to Approve New Board Appointments
Jun 25, 2026
Raffles Interior Limited has called an adjourned annual general meeting to be held in Singapore on 10 July 2026, where shareholders will vote on the appointment of one new executive director, Ms. Qi Hongjuan, and four new independent non-executive...
Raffles Interior clashes with shareholders over director nominations and disclosure rules
Jun 18, 2026
Raffles Interior Limited has received three requisition notices from its controlling shareholder Han Vision Holding Limited and two individual shareholders, proposing nine director nominees for election at the upcoming annual general meeting on 30...
Raffles Interior Names Long-Serving Executive as New Chairman Amid Continued Trading Suspension
Jun 17, 2026
Raffles Interior Limited announced a leadership reshuffle, with acting chairman Mr. Wong Heung Ming Henry stepping down from the chairmanship while remaining an independent non-executive director and continuing to chair and serve on key board comm...
Raffles Interior Reshapes Board and Committee Leadership to Strengthen Governance
Jun 17, 2026
Raffles Interior Limited has updated the composition of its board of directors with effect from 16 June 2026, naming Mr. Ding Hing Hui as chairman alongside executive directors Ms. Loke Pui San and Mr. Zheng Nenghuan, whose duties are currently su...
Raffles Interior Faces Fraud Allegation Over Understated Offer Price in 2025 Takeover
Jun 11, 2026
Raffles Interior Limited has disclosed that its board received an anonymous complaint letter from an alleged minority shareholder, raising serious allegations about the pricing of a past change-of-control transaction. The complaint centers on the ...
Raffles Interior Sets June 2026 AGM to Confirm Board Line-Up
Jun 9, 2026
Raffles Interior Limited has called its annual general meeting for 30 June 2026 in Singapore, where shareholders will vote on the re-election of key executive and independent non-executive directors. The board will also seek authority to determine...
Raffles Interior Forms Independent Committee and Hires DLA Piper for Irregularities Probe
Jun 4, 2026
Raffles Interior Limited has expanded the remit of its existing independent board committee, comprising all independent non-executive directors, to form an Independent Committee tasked with leading and supervising investigations into previously di...
Raffles Interior Updates Shareholder Disclosure as Trading Suspension Persists
May 29, 2026
Raffles Interior Limited has issued a supplemental announcement to clarify its shareholder disclosure in previous annual and interim reports, identifying Union Expert Investment Holding Limited as a substantial shareholder with a 9.3% long positio...
Raffles Interior Faces Extended Trading Halt Amid Probe Into Director Conduct and Governance
May 25, 2026
Raffles Interior Limited has received formal resumption guidance from the Hong Kong Stock Exchange after its shares were suspended from trading on 1 April 2026 due to delays in publishing its 2025 annual results and report. The guidance is based o...
Raffles Interior Faces Potential Control Shift as Claimant Pursues Controlling Shareholder Over Unpaid Fees
May 20, 2026
Raffles Interior Limited has disclosed that it received a second notification letter from an international law firm acting for a claimant pursuing unpaid advisory service fees from controlling shareholder and director Zheng Nenghuan, totaling HK$3...
Raffles Interior Probes Anonymous Allegations Against Key Figure Over Huahan Ties and Funding Source
May 17, 2026
Raffles Interior Limited has disclosed that it received an anonymous complaint letter on 7 May 2026 alleging serious governance and disclosure issues involving Mr. Zheng Nenghuan, who is associated with the company. The complaint was also sent to ...
Raffles Interior Director Loses Defamation Case Tied to Boardroom Dispute
May 5, 2026
Raffles Interior Limited has disclosed that the High Court of Hong Kong has ruled against executive director Mr. Zheng Nenghuan and Han Vision Holding Limited in a defamation case brought by executive director Mr. Ding Hing Hui. The Court ordered ...
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.