tiprankstipranks
Dragon Rise Group Holdings Ltd. (HK:6829)
:6829
Hong Kong Market
Want to see HK:6829 full AI Analyst Report?

Dragon Rise Group Holdings Ltd. (6829) AI Stock Analysis

2 Followers

Top Page

HK:6829

Dragon Rise Group Holdings Ltd.

(6829)

Select Model
Select Model
Select Model
Neutral 51 (OpenAI - Gpt-5.6Sol)
Rating:51Neutral
Price Target:
HK$2.50
▼(-11.03% Downside)
Action:Reiterated
Date:08/29/26
The score is primarily held back by weak cash flow and thin/volatile fundamentals despite improved profitability and a relatively conservative balance sheet. Technicals are supportive (price above major moving averages), but elevated RSI suggests stretched momentum. A high P/E without dividend yield support further pressures the risk/reward.
Positive Factors
Improved profitability
The shift from losses to sustained profitability indicates operational improvement and a stronger earnings base. Although margins remain modest, continued margin gains could improve resilience and support more consistent returns over the medium term.
Negative Factors
Weak cash conversion
Persistent negative operating and free cash flow means reported profits are not reliably converting into liquidity. This can increase reliance on working-capital financing, constrain investment capacity, and raise execution risk across project cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved profitability
The shift from losses to sustained profitability indicates operational improvement and a stronger earnings base. Although margins remain modest, continued margin gains could improve resilience and support more consistent returns over the medium term.
Read all positive factors

Dragon Rise Group Holdings Ltd. (6829) vs. iShares MSCI Hong Kong ETF (EWH)

Dragon Rise Group Holdings Ltd. Business Overview & Revenue Model

Company Description
Dragon Rise Group Holdings Limited functions as an investment holding company, primarily serving as a subcontractor for foundation projects throughout Hong Kong. Its core expertise includes excavation and lateral support (ELS) works, the construct...

Dragon Rise Group Holdings Ltd. Financial Statement Overview

Summary
Profitability has improved versus earlier loss-making periods and leverage is conservative (low-to-moderate debt-to-equity with steadily building equity). However, the major drag is weak cash conversion: operating cash flow has been negative in 2023–2026 and 2026 free cash flow was deeply negative, raising liquidity and execution risk. Margins remain structurally thin and revenue fell sharply in 2026, increasing earnings sustainability risk.
Income Statement
54
Neutral
Balance Sheet
68
Positive
Cash Flow
33
Negative
BreakdownMar 2025Mar 2024Mar 2023Mar 2022Mar 2021
Income Statement
Total Revenue929.89M1.31B945.85M786.21M613.62M
Gross Profit56.96M48.31M39.46M23.38M18.59M
EBITDA25.14M25.58M26.24M23.78M19.49M
Net Income15.65M9.03M4.19M7.92M7.43M
Balance Sheet
Total Assets525.57M515.96M419.18M308.02M302.74M
Cash, Cash Equivalents and Short-Term Investments80.78M92.73M100.00M96.26M120.42M
Total Debt72.92M38.15M61.83M3.38M7.13M
Total Liabilities198.14M198.18M151.34M44.74M47.38M
Stockholders Equity335.26M318.97M267.50M263.28M255.36M
Cash Flow
Free Cash Flow-34.35M-48.92M-18.44M-18.65M62.96M
Operating Cash Flow-8.98M-46.66M-14.25M-8.70M78.56M
Investing Cash Flow-20.62M21.54M-13.85M-8.90M3.07M
Financing Cash Flow22.05M7.45M57.02M-5.52M-5.47M

Dragon Rise Group Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.81
Price Trends
50DMA
1.96
Positive
100DMA
2.18
Positive
200DMA
2.40
Positive
Market Momentum
MACD
0.18
Negative
RSI
66.36
Neutral
STOCH
83.76
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6829, the sentiment is Positive. The current price of 2.81 is above the 20-day moving average (MA) of 2.05, above the 50-day MA of 1.96, and above the 200-day MA of 2.40, indicating a bullish trend. The MACD of 0.18 indicates Negative momentum. The RSI at 66.36 is Neutral, neither overbought nor oversold. The STOCH value of 83.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:6829.

Dragon Rise Group Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
84
Outperform
HK$1.80B3.8815.72%12.14%-12.79%-0.62%
71
Outperform
HK$1.16B24.644.18%17.65%-18.58%-27.75%
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
54
Neutral
HK$717.78M0.9431.00%5.49%-12.39%
51
Neutral
HK$748.80M46.514.74%-29.24%47.03%
43
Neutral
HK$268.27M-0.30-31.01%7.32%-22.33%-203.23%
38
Underperform
HK$221.22M-1.10-15.28%5.18%13.50%-106.11%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:6829
Dragon Rise Group Holdings Ltd.
2.53
1.52
150.50%
HK:0240
Build King Holdings
1.44
0.19
14.80%
HK:0896
Hanison Construction Holdings
0.26
>-0.01
-1.92%
HK:0406
Yau Lee Holdings Limited
0.51
-0.21
-29.86%
HK:0610
Wai Kee Holdings Limited
0.91
0.16
21.33%
HK:0687
Tysan Holdings Limited
0.34
0.07
26.87%

Dragon Rise Group Holdings Ltd. Corporate Events

Dragon Rise to Tokenise Battery-Swapping Taxi Assets in HK$100m Blockchain Notes Programme
Aug 27, 2026
Dragon Rise Group Holdings Limited, via wholly owned unit DRNE Next Mobility Investment Limited, has partnered with a Hong Kong-based integrated blockchain service provider to launch private tokenised limited recourse notes backed by real-world as...
Dragon Rise Proposes Re-appointment of Grant Thornton as Auditor with New Fee Range
Jul 23, 2026
Dragon Rise Group Holdings Ltd. has proposed the re-appointment of Grant Thornton Hong Kong Ltd. as its auditor, to serve until the conclusion of the next annual general meeting, with shareholders set to vote on the move. The board, following the ...
Dragon Rise Calls AGM, Seeks Fresh Share-Issuance Mandate
Jul 21, 2026
Dragon Rise Group Holdings Ltd. has called its annual general meeting for 24 September 2026 in Hong Kong, where shareholders will review and approve the audited financial statements for the year ended 31 March 2026, re-elect directors and confirm ...
Dragon Rise Group Moves to Update Articles for Paperless, Treasury Share Regimes
Jul 20, 2026
Dragon Rise Group Holdings Limited plans to overhaul its corporate constitution by amending its existing articles of association and adopting a new set of amended and restated articles. The move is aimed at aligning the company’s governance ...
Dragon Rise lifts margin and earnings for shareholders despite revenue decline
Jun 29, 2026
Dragon Rise Group Holdings Ltd., a Cayman Islands-incorporated company listed in Hong Kong, reported revenue of about HK$929.9 million for the year ended 31 March 2026, down from HK$1,314.1 million a year earlier. Despite the decline in top-line p...
Dragon Rise Schedules Board Meeting to Approve 2026 Annual Results and Consider Final Dividend
Jun 10, 2026
Dragon Rise Group Holdings Limited has announced that its board of directors will convene a meeting on 29 June 2026 to review and approve the annual results of the company and its subsidiaries for the financial year ended 31 March 2026. 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.Date of analysis: Aug 29, 2026