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Dragon Rise Group Holdings Ltd. (6829) AI Stock Analysis
Dragon Rise Group Holdings Ltd.
(HKEX:6829)
The score is held back primarily by weak cash flow generation and thin, volatile profitability, despite a relatively prudent balance sheet. Technicals are moderately supportive with price above key moving averages and a positive MACD, but the high P/E valuation limits upside appeal without clearer cash-flow improvement.
Dragon Rise Group Holdings Ltd. (6829) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 1.10B
- Dividend Yield
- ―
- Average Volume (3M)
- 641.87K
- Price to Earnings (P/E)
- 70.3
- Beta (1Y)
- -1.44
- Revenue Growth
- -29.24%
- EPS Growth
- 47.03%
- Country
- Hong Kong
- Employees
- 427
- Sector
- Industrials
- Sector Strength
- 63
- Industry
- Engineering & Construction
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 construction...
Dragon Rise Group Holdings Ltd. Financial Statement Overview
Summary
Mixed fundamentals: profitability has improved versus earlier loss years and leverage is low-to-moderate, but margins remain structurally thin and revenue was volatile (notably ~30% YoY decline in 2026). The biggest drag is cash conversion—operating cash flow has been negative in 2023–2026 with worsening free cash flow in 2026—raising liquidity and execution risk despite reported profits.
Income Statement
54NeutralBalance Sheet
68PositiveCash Flow
33Negative| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 929.89M | 929.89M | 1.31B | 945.85M | 786.21M | 613.62M |
| Gross Profit | 58.78M | 56.96M | 48.31M | 39.46M | 23.38M | 18.59M |
| EBITDA | 20.91M | 25.14M | 25.58M | 26.24M | 23.78M | 19.49M |
| Net Income | 15.65M | 15.65M | 9.03M | 4.19M | 7.92M | 7.43M |
Balance Sheet | ||||||
| Total Assets | 525.57M | 525.57M | 515.96M | 419.18M | 308.02M | 302.74M |
| Cash, Cash Equivalents and Short-Term Investments | 80.78M | 80.78M | 92.73M | 100.00M | 96.26M | 120.42M |
| Total Debt | 72.92M | 72.92M | 38.15M | 61.83M | 3.38M | 7.13M |
| Total Liabilities | 198.14M | 198.14M | 198.18M | 151.34M | 44.74M | 47.38M |
| Stockholders Equity | 335.26M | 335.26M | 318.97M | 267.50M | 263.28M | 255.36M |
Cash Flow | ||||||
| Free Cash Flow | -27.44M | -34.35M | -48.92M | -18.44M | -18.65M | 62.96M |
| Operating Cash Flow | -10.39M | -8.98M | -46.66M | -14.25M | -8.70M | 78.56M |
| Investing Cash Flow | -20.62M | -20.62M | 21.54M | -13.85M | -8.90M | 3.07M |
| Financing Cash Flow | 19.05M | 22.05M | 7.45M | 57.02M | -5.52M | -5.47M |
Dragon Rise Group Holdings Ltd. Technical Analysis
Price Trends
Market Momentum
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 3.83 is above the 20-day moving average (MA) of 3.63, above the 50-day MA of 2.93, and above the 200-day MA of 2.51, indicating a bullish trend. The MACD of 0.22 indicates Positive momentum. The RSI at 64.37 is Neutral, neither overbought nor oversold. The STOCH value of 78.67 is Neutral, 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
HK:024084Outperform
HK:068771Outperform
HK:061054Neutral- HK:682952Neutral
HK:089647Neutral
HK:040634Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| HK:0240 | 84Outperform | HKD 1.73B | 3.76 | 15.72% | 12.19% | -12.79% | -0.62% |
| HK:0687 | 71Outperform | HKD 1.08B | 23.19 | 4.18% | 18.75% | -18.58% | -27.75% |
| Sector * | 63Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% |
| HK:0610 | 54Neutral | HKD 725.71M | 0.94 | 31.00% | ― | -12.39% | ― |
| HK:6829 | 52Neutral | HKD 1.10B | 70.31 | 4.74% | ― | -29.24% | 47.03% |
| HK:0896 | 47Neutral | HKD 316.56M | -0.35 | -31.01% | ― | -22.33% | -203.23% |
| HK:0406 | 34Underperform | HKD 216.84M | -1.07 | -15.28% | ― | 13.50% | -106.11% |
* Industrials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:6829 | Dragon Rise Group Holdings Ltd. | 3.83 | 2.03 | 112.50% | |
| HK:0240 | Build King Holdings | 1.39 | -0.01 | -0.43% | |
| HK:0896 | Hanison Construction Holdings | 0.29 | 0.05 | 19.43% | |
| HK:0406 | Yau Lee Holdings Limited | 0.49 | -0.20 | -29.29% | |
| HK:0610 | Wai Kee Holdings Limited | 0.92 | 0.16 | 20.39% | |
| HK:0687 | Tysan Holdings Limited | 0.32 | 0.05 | 17.65% |
Dragon Rise Group Holdings Ltd. Corporate Events
Dragon Rise Overhauls Articles of Association to Strengthen Governance Framework
Dragon Rise Group Holdings Ltd. has adopted amended and restated articles of association by special resolution on 24 September 2026, overhauling its internal governance framework. The revised document comprehensively addresses share issuance and tran...
Dragon Rise Shareholders Unanimously Back Governance and Capital Mandates at 2026 AGM
Dragon Rise Group Holdings Ltd., a Cayman Islands-incorporated company listed on the Hong Kong Stock Exchange, maintains a board that includes both executive and independent non-executive directors and engages Grant Thornton Hong Kong Limited as its...
Dragon Rise to Tokenise Battery-Swapping Taxi Assets in HK$100m Blockchain Notes Programme
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 asset...
Dragon Rise Proposes Re-appointment of Grant Thornton as Auditor with New Fee Range
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 aud...
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 23, 2026