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China SCE Group Holdings (1966) AI Stock Analysis

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HK:1966

China SCE Group Holdings

(HKEX:1966)

Select Model
Rating:39Underperform
Price Target:HKD 0.03â–¼(-5.88% Downside)
Action:downgraded
Date:10/31/26

The score is driven primarily by severe financial weakness, including recurring losses, negative equity and elevated leverage. Weak technical positioning and the negative P/E ratio provide little offset, although recent debt reduction and improved cash flow offer modest support.

Positive Factors
Diversified property incomeMultiple 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 deficitThree 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.

China SCE Group Holdings (1966) vs. iShares MSCI Hong Kong ETF (EWH)

-80%-60%-40%-20%0%20%HK:1966-66.34%EWH+7.37%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 182.71M
Dividend Yield
―
Average Volume (3M)
875.13K
Price to Earnings (P/E)
-0.0
Beta (1Y)
0.58
Revenue Growth
-21.66%
EPS Growth
0.74%
Country
Hong Kong
Employees
5,560
Sector
Real Estate
Sector Strength
65
Industry
Real Estate - Development

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 development,...

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 rel...

China SCE Group Holdings Financial Statement Overview

Summary

Financial performance is severely constrained by sustained large net losses, negative shareholders’ equity, high leverage and inconsistent cash flow. Debt reduction and recent positive cash flow provide limited support but do not offset the substantial solvency and profitability risks.

Income Statement

22Negative

Balance Sheet

8Very Negative

Cash Flow

31Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue26.33B37.11B40.77B20.96B26.71B37.74B
Gross Profit3.19B6.55B6.24B2.63B4.42B8.17B
EBITDA-1.06B4.79B4.39B221.13M2.52B5.20B
Net Income-7.36B-7.45B-7.86B-7.99B24.54M3.07B
Balance Sheet
Total Assets80.59B88.66B128.29B167.89B193.96B195.01B
Cash, Cash Equivalents and Short-Term Investments2.84B3.37B3.08B5.23B9.55B16.97B
Total Debt31.90B33.10B37.83B40.86B48.63B50.54B
Total Liabilities81.37B86.60B117.72B147.41B157.34B152.31B
Stockholders Equity-7.58B-5.11B1.70B9.72B19.71B21.79B
Cash Flow
Free Cash Flow-138.06M257.46M-541.54M5.02B16.30B-3.78B
Operating Cash Flow-72.69M303.24M-498.71M5.09B16.43B-3.69B
Investing Cash Flow233.16M944.34M429.41M4.04B-2.60B1.28B
Financing Cash Flow-847.53M-1.53B-1.24B-13.39B-21.25B1.13B

China SCE Group Holdings Technical Analysis

Technical Analysis SentimentNegative
Last Price0.03

Price Trends

50DMA0.05Negative
100DMA0.05Negative
200DMA0.06Negative

Market Momentum

MACD-0.00Positive
RSI34.83Neutral
STOCH52.94Neutral

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 0.03 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 -0.00 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

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

HK:1966 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$2.17B12.193.79%4.94%3.15%1.96%
HK:0298HK:029849NeutralHKD 204.19M-2.86-2.46%―121.87%81.94%
HK:1125HK:112544NeutralHKD 185.38M-0.31-4.81%―12.74%-41.06%
HK:2892HK:289242NeutralHKD 453.75M-29.85-2.31%―-30.38%76.05%
HK:1628HK:162840UnderperformHKD 151.68M0.00233.62%―25.99%―
HK:1966HK:196639UnderperformHKD 182.71M-0.02116.03%―-21.66%0.74%
HK:2772HK:277237UnderperformHKD 134.21M-0.01592.20%―-55.40%-340.10%

* Real Estate Sector Average

Performance Comparison

-50%0%50%100%150%HK:1966HK:1125HK:2772HK:0298HK:1628HK:2892Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:1966 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:1966China Sce Group Holdings Limited0.03-0.07-65.66%
HK:1125Lai Fung Holdings 0.56-0.34-37.78%
HK:2772Zhongliang Holdings Group Company Limited0.03-0.04-57.75%
HK:0298Chuang's China Investments Limited0.09-0.03-24.35%
HK:1628Yuzhou Group Holdings Co., Ltd.0.10-0.06-34.81%
HK:2892Million Cities Holdings Ltd.0.600.2363.51%

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 very...

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 progr...

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-sanctione...

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 restructuri...

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 RMB3.39...

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 wil...

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: Oct 31, 2026