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China SCE Group Holdings
(1966)
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Rating:40Underperform
Price Target:
HK$0.03
▼(-20.00% Downside)
Action:Downgraded
Date:10/31/26
The score is driven primarily by weak financial health—multi-year losses, negative equity, and substantial debt that elevates solvency and refinancing risk. Technicals add further pressure with the stock below all major moving averages and negative MACD. Valuation is also challenged due to loss-making earnings and no dividend yield support.
Positive Factors
Diversified property income
Multiple property-related income streams give the group more than one way to monetize its asset base. Development remains the core engine, while rental and management fees can provide recurring contributions and help diversify earnings across property cycles.
Negative Factors
Persistent losses and operating deficit
Three consecutive years of net losses, together with a 2025 operating loss, point to impaired earnings power rather than a temporary bottom-line fluctuation. Continued losses can consume capital, weaken project financing capacity, and make a durable profitability recovery harder.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified property income
Multiple property-related income streams give the group more than one way to monetize its asset base. Development remains the core engine, while rental and management fees can provide recurring contributions and help diversify earnings across property cycles.
Read all positive factors
China SCE Group Holdings (1966) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$182.71M
Dividend Yield19.57%
Average Volume (3M)1.01M
Price to Earnings (P/E)―
Beta (1Y)0.58
Revenue Growth-21.66%
EPS Growth0.74%
CountryHK
Employees5,560
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-1.75
Shares Outstanding5,373,785,600
10 Day Avg. Volume1,909,941
30 Day Avg. Volume1,010,293
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.06
Price to Sales (P/S)0.00797
P/FCF Ratio1.15
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)-0.04
Revenue Forecast (FY)HK$12.63B
China SCE Group Holdings Business Overview & Revenue Model
Company Description
As an investment holding company, China SCE Group Holdings Limited primarily conducts its business within the People's Republic of China, with a strong focus on the real estate sector. Its activities involve the full spectrum of property developme...
How the Company Makes Money
The company’s core revenue model is real-estate development: it acquires land, develops projects, and recognizes revenue primarily from contracted sales and the delivery/hand-over of completed residential and commercial units to buyers (including ...
China SCE Group Holdings Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
12
Very Negative
Cash Flow
28
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 26.33B | 37.11B | 40.77B | 20.96B | 26.71B | 37.74B |
| Gross Profit | 3.19B | 6.55B | 6.24B | 2.63B | 4.42B | 8.17B |
| EBITDA | -1.06B | 4.79B | 4.39B | 221.13M | 2.52B | 5.20B |
| Net Income | -7.36B | -7.45B | -7.86B | -7.99B | 24.54M | 3.07B |
Balance Sheet | ||||||
| Total Assets | 80.59B | 88.66B | 128.29B | 167.89B | 193.96B | 195.01B |
| Cash, Cash Equivalents and Short-Term Investments | 2.84B | 3.37B | 3.08B | 5.23B | 9.55B | 16.97B |
| Total Debt | 31.90B | 33.10B | 37.83B | 40.86B | 48.63B | 50.54B |
| Total Liabilities | 81.37B | 86.60B | 117.72B | 147.41B | 157.34B | 152.31B |
| Stockholders Equity | -7.58B | -5.11B | 1.70B | 9.72B | 19.71B | 21.79B |
Cash Flow | ||||||
| Free Cash Flow | -138.06M | 257.46M | -541.54M | 5.02B | 16.30B | -3.78B |
| Operating Cash Flow | -72.69M | 303.24M | -498.71M | 5.09B | 16.43B | -3.69B |
| Investing Cash Flow | 233.16M | 944.34M | 429.41M | 4.04B | -2.60B | 1.28B |
| Financing Cash Flow | -847.53M | -1.53B | -1.24B | -13.39B | -21.25B | 1.13B |
China SCE Group Holdings Technical Analysis
Negative
0.04
Price Trends
0.05
Negative
0.05
Negative
0.06
Negative
Market Momentum
>-0.01
Positive
34.83
Neutral
52.94
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1966, 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 0.05, and below the 200-day MA of 0.06, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.83 is Neutral, neither overbought nor oversold. The STOCH value of 52.94 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1966.
China SCE Group Holdings Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
49 Neutral | HK$204.19M | -2.86 | -2.46% | 50.00% | 121.87% | 81.94% | |
44 Neutral | HK$185.38M | -0.31 | -4.81% | 2.00% | 12.74% | -41.06% | |
44 Neutral | HK$453.75M | -29.85 | -2.31% | ― | -30.38% | 76.05% | |
43 Neutral | HK$151.68M | <0.01 | 233.62% | 2.06% | 25.99% | ― | |
40 Underperform | HK$182.71M | -0.02 | 116.03% | 19.57% | -21.66% | 0.74% | |
40 Underperform | HK$134.21M | -0.02 | 592.20% | 41.82% | -55.40% | -340.10% |
* Real Estate Sector Average
HK:1966
China SCE Group Holdings
0.03
-0.07
-65.66%
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Lai Fung Holdings
0.56
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Zhongliang Holdings Group Company Limited
0.03
-0.04
-57.75%
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Chuang's China Investments Limited
0.09
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-24.35%
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Yuzhou Group Holdings Co., Ltd.
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Million Cities Holdings Ltd.
0.61
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63.51%
China SCE Group Holdings Corporate Events
China SCE Restructures Debt Via RMB1.06 Billion Commercial Property Transfer
Oct 27, 2026
China SCE Group Holdings and its affiliate SCE Intelligent Commercial Management have agreed a major intra-group restructuring that transfers full ownership of three commercial property-holding subsidiaries to SCE CM. The move is structured as a v...
China SCE Publishes Singapore Listing Document for Offshore Debt Restructuring Notes
Oct 27, 2026
China SCE Group Holdings Limited has issued an overseas regulatory announcement under Hong Kong Listing Rule 13.10B regarding its ongoing offshore debt restructuring. The move underscores the company’s reliance on structured note and bond pr...
China SCE Completes Offshore Debt Restructuring With New Notes and Equity Issue
Oct 23, 2026
China SCE Group Holdings Limited has confirmed that all conditions under its previously approved offshore debt restructuring scheme have been satisfied, setting 23 October 2026 as the restructuring effective date. The move finalizes a court-sancti...
China SCE Sets Expected Effective Date for Offshore Debt Restructuring
Oct 21, 2026
China SCE Group Holdings has provided an update on its offshore debt restructuring process, confirming that all conditions for its proposed scheme of arrangement are expected to be satisfied by 26 October 2026. The company anticipates the restruct...
China SCE Posts Deep Interim Loss as Property Market Pressures Mount
Aug 27, 2026
China SCE Group Holdings reported a sharp deterioration in profitability for the six months ended 30 June 2026, as revenue fell to RMB7.68 billion and gross profit margin compressed to 6.1%. The company posted a loss attributable to owners of RMB3...
China SCE Group Sets August Board Meeting to Review Interim Results and Dividend
Aug 14, 2026
China SCE Group Holdings 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, along with the related interim results announcement and interim report. The board ...
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.