Breakdown | ||||
Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|
Income Statement | Total Revenue | |||
24.77B | 34.25B | 35.32B | 40.03B | 34.88B | Gross Profit |
-5.80B | 2.53B | 5.18B | 7.75B | 7.71B | EBIT |
-7.15B | 817.04M | 3.91B | 6.75B | 6.96B | EBITDA |
-7.23B | 1.06B | 4.02B | 6.90B | 7.14B | Net Income Common Stockholders |
-9.11B | -581.25M | 1.71B | 3.27B | 3.13B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
1.83B | 4.83B | 4.41B | 11.30B | 20.77B | Total Assets |
96.66B | 129.78B | 161.68B | 191.65B | 185.66B | Total Debt |
29.82B | 29.43B | 37.83B | 52.81B | 53.80B | Net Debt |
28.00B | 24.63B | 33.42B | 41.59B | 33.06B | Total Liabilities |
72.53B | 93.83B | 126.09B | 154.08B | 149.55B | Stockholders Equity |
14.83B | 23.95B | 24.53B | 23.64B | 21.56B |
Cash Flow | Free Cash Flow | |||
0.00 | 7.91B | 8.28B | 1.90B | 2.62B | Operating Cash Flow |
0.00 | 8.10B | 8.35B | 2.77B | 2.65B | Investing Cash Flow |
0.00 | 1.94B | 1.96B | -3.29B | -2.43B | Financing Cash Flow |
0.00 | -9.65B | -17.14B | -8.94B | 11.40B |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
65 Neutral | $177.92B | 6.51 | 9.66% | 6.59% | 9.97% | -19.80% | |
60 Neutral | $2.82B | 10.29 | 0.31% | 8508.26% | 5.91% | -17.42% | |
43 Neutral | HK$11.25B | ― | -46.88% | ― | -29.20% | -1542.77% | |
40 Underperform | $2.27B | ― | -90.47% | ― | -1.96% | -17.34% | |
31 Underperform | $3.60B | ― | -71.13% | ― | -50.18% | 12.86% |
Radiance Holdings announced the unaudited financial results for its subsidiary, Radiance Group, for the first quarter of 2025. The results show a decrease in total assets and liabilities compared to the end of 2024, with a notable drop in operating revenue but an increase in net profit. The gross profit margin improved significantly from the previous year. The financial data, prepared under Chinese accounting standards, may differ from the company’s annual results and do not fully reflect the group’s overall financial condition.
Radiance Holdings (Group) Company Limited has announced the convening of its Annual General Meeting on June 27, 2025, in Hong Kong. Key agenda items include the adoption of the 2024 financial statements, re-election of directors, re-appointment of Ernst & Young as auditors, and granting a mandate to the directors to buy back shares, which could influence the company’s stock market activities and shareholder value.
Radiance Holdings has announced the composition of its board of directors and the roles each member will play in the company’s governance. This announcement outlines the structure of the board’s committees, which include the audit, remuneration, and nomination committees, and highlights the leadership roles assigned to each director. This organizational update is crucial for stakeholders as it reflects the company’s governance strategy and may influence its operational and strategic decisions.
Radiance Holdings announced its annual results for the year ended December 31, 2024, reporting a revenue of approximately RMB24.77 billion. The company experienced a significant decrease in total interest-bearing debts by RMB4.83 billion compared to the previous year, and a reduction in the weighted average cost of indebtedness by 0.73 percentage points. Despite these financial adjustments, the company reported a substantial loss of RMB10.05 billion for the year, primarily due to a gross loss and fair value losses on investment properties and financial assets.
Radiance Holdings has issued a profit warning, indicating a significant increase in net loss for the year 2024, expected to reach up to RMB9,500 million compared to RMB600 million in 2023. This substantial loss is attributed to weak market sentiment in the real estate sector, leading to decreased sales prices and gross profit margins, increased impairment losses on properties, and lower occupancy rates and rental levels, which also resulted in fair value losses on investment properties.
Radiance Holdings (Group) Company Limited has announced that its Board of Directors will convene on March 28, 2025, to discuss and approve the annual results for the year ending December 31, 2024. The meeting will also consider the recommendation of a final dividend payment and address other business matters, which could impact the company’s financial strategy and shareholder returns.
Radiance Holdings announced a change in its executive leadership, with Mr. Xu Xiaodong resigning from his role as executive director and authorized representative due to personal development reasons, effective February 26, 2025. Mr. Huang Junquan has been appointed as the new executive director and authorized representative, bringing extensive experience in architecture and management from his previous roles within the company and other organizations. This leadership transition is expected to continue the company’s strategic direction and operational management without disruption.
Radiance Holdings (Group) Company Limited, incorporated in the Cayman Islands, has announced the composition of its board of directors and their roles within the company. The announcement details the members of the board, including executive and independent non-executive directors, and outlines the structure of the board’s committees, such as the Audit, Remuneration, and Nomination Committees. This organizational update is crucial for stakeholders as it provides transparency on the governance structure and may influence investor confidence and strategic decision-making within the company.