Radiance Holdings (Group) Company Limited (9993) AI Stock Analysis

• Market Cap: HK$10.36B
• Dividend Yield: N/A
• Average Volume (3M): 8.05M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.29
• Revenue Growth: -54.25%
• EPS Growth: -134.22%
• Country: HK
• Employees: 713
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): -0.06
• Shares Outstanding: 4,045,227,000
• 10 Day Avg. Volume: 11,344,500
• 30 Day Avg. Volume: 8,045,566
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$2.50
• Price Target Upside: -3.47% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: HK$2.50 ▼(-3.47% Downside)

The overall stock score reflects significant financial challenges, including declining revenue, negative profit margins, and high leverage, which are the most impactful factors. Technical analysis shows a neutral trend, while valuation metrics are unattractive due to negative earnings and no dividend yield. The lack of earnings call data and corporate events does not influence the score.

Radiance Holdings (Group) Company Limited Business Overview & Revenue Model

Company Description

Radiance Holdings (Group) Company Limited operates as a real estate development company in China. The company develops and sells residential and commercial, and office building properties. It also engages in leasing commercial properties; and provision of management consulting services. The company was founded in 1996 and is headquartered in Beijing, China.

How the Company Makes Money

Radiance Holdings makes money primarily through the sale of residential properties. The company's revenue model is centered on acquiring land, developing residential projects, and selling these properties to homebuyers. Key revenue streams include the proceeds from the sale of completed residential units, rental income from properties held for investment purposes, and management fees from property management services. Strategic partnerships with construction companies, suppliers, and financial institutions help streamline operations and reduce costs, thereby enhancing profitability. The company may also engage in joint ventures to undertake large-scale projects, sharing both risks and returns with partners.

Radiance Holdings (Group) Company Limited Financial Statement Overview

Summary

Radiance Holdings is facing significant financial challenges, with declining revenue and negative profit margins. The high debt-to-equity ratio and zero cash flows indicate financial instability and liquidity issues.

Income Statement

The company's income statement reflects a challenging period with declining revenue and significant net losses. The gross profit margin turned negative in 2024, indicating cost pressures or pricing issues. Both EBIT and EBITDA margins have deteriorated significantly from positive figures in previous years to negative in 2024, suggesting operational inefficiencies or increased costs. The net profit margin is also negative, highlighting profitability challenges.

Balance Sheet

The balance sheet shows a high debt-to-equity ratio, indicating financial leverage that could pose risks. Stockholders' equity has declined, adversely affecting the equity ratio. The return on equity has turned negative, further indicating profitability issues. While the company has substantial total assets, the high leverage and declining equity pose significant risks to financial stability.

Cash Flow

The cash flow statement reveals a troubling picture with zero operating, investing, and financing cash flows reported in 2024, leading to zero free cash flow. This indicates potential liquidity issues or incomplete data. The absence of cash flow growth also suggests difficulties in generating cash internally, which can impact the company's ability to finance operations and growth.

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
EBITDA	-7.23B	1.06B	4.02B	6.90B	7.14B
Net Income	-9.11B	-581.25M	1.71B	3.27B	3.13B
Balance Sheet
Total Assets	96.66B	129.78B	161.68B	191.65B	185.66B
Cash, Cash Equivalents and Short-Term Investments	1.83B	4.83B	4.41B	11.30B	20.77B
Total Debt	29.82B	29.43B	37.83B	52.81B	53.80B
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	2.90B	7.91B	8.28B	1.90B	2.62B
Operating Cash Flow	3.00B	8.10B	8.35B	2.77B	2.65B
Investing Cash Flow	-34.04M	1.94B	1.96B	-3.29B	-2.43B
Financing Cash Flow	-5.95B	-9.65B	-17.14B	-8.94B	11.40B

Radiance Holdings (Group) Company Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.59
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:9993, the sentiment is Negative. The current price of 2.59 is below the 20-day moving average (MA) of 2.74, below the 50-day MA of 2.78, and below the 200-day MA of 2.74, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 39.61 is Neutral, neither overbought nor oversold. The STOCH value of 2.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:9993.

Radiance Holdings (Group) Company Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0081	63 Neutral	HK$8.93B	23.50	3.04%	0.40%	-24.86%	-76.06%
0028	53 Neutral	HK$7.27B	3.53	-0.78%	2.02%	216.43%	186.77%
0754	52 Neutral	HK$12.82B	-4.77	0.13%	―	-11.68%	-3002.05%
0604	49 Neutral	HK$7.65B	-2.29	-4.73%	10.47%	62.19%	-168.07%
9993	41 Neutral	HK$10.36B	―	-40.14%	―	-54.25%	-134.22%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%

Radiance Holdings (Group) Company Limited Corporate Events

Radiance Holdings Reports Significant Revenue Decline and Continued Losses in H1 2025

Radiance Holdings announced its unaudited interim results for the six months ending June 30, 2025, reporting a significant decrease in revenue and a continued loss for the period. The company’s revenue dropped to RMB 6,410,438,000 from RMB 16,382,985,000 in the previous year, resulting in a gross profit of RMB 850,058,000. Despite efforts to manage expenses, the company faced a loss before tax of RMB 152,245,000 and a net loss of RMB 283,631,000. This financial performance reflects ongoing challenges in the real estate market, impacting the company’s operations and stakeholder interests.

The most recent analyst rating on (HK:9993) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Radiance Holdings (Group) Company Limited stock, see the HK:9993 Stock Forecast page.

Radiance Holdings Schedules Board Meeting for Interim Results

Radiance Holdings (Group) Company Limited has announced that a board meeting will be held on August 28, 2025. The meeting will focus on approving the unaudited interim results for the first half of 2025, considering the payment of an interim dividend, and addressing other business matters. This announcement indicates the company’s ongoing financial management and potential shareholder returns, reflecting its commitment to transparency and stakeholder engagement.

Radiance Holdings Announces Key Executive and Secretarial Changes

Radiance Holdings (Group) Company Limited announced significant changes in its executive team and company secretarial roles. Mr. Huang Junquan resigned as an executive director and authorized representative, while Ms. Kwok Yan Ting Jennis stepped down as company secretary and process agent, both effective from July 11, 2025, to pursue personal and career development. Ms. Wu Yankun has been appointed as the new authorized representative, and Ms. Chu Cheuk Ting will take over as company secretary and process agent. These changes reflect the company’s ongoing adjustments in its leadership structure, potentially impacting its operational dynamics and stakeholder relations.

Radiance Holdings Announces Board Composition and Roles

Radiance Holdings has announced the composition of its board of directors and their roles within the company. The board consists of both executive and independent non-executive directors, with Mr. LAM Ting Keung serving as the Chairman. The announcement also details the membership of three board committees: Audit, Remuneration, and Nomination, indicating a structured governance framework. This update reflects the company’s commitment to transparency and structured governance, potentially impacting stakeholder confidence positively.

Radiance Holdings Enhances Governance with New Nomination Committee

Radiance Holdings (Group) Company Limited has established a Nomination Committee to oversee the structure and composition of its Board of Directors. The committee is composed mainly of independent non-executive directors and is responsible for evaluating board composition, recommending changes, and assessing director independence. This move aims to enhance corporate governance and align board capabilities with the company’s strategic goals, potentially improving stakeholder confidence and operational effectiveness.

Radiance Holdings Announces Successful AGM Resolutions

Radiance Holdings (Group) Company Limited, a company incorporated in the Cayman Islands, announced the successful passing of all proposed resolutions at their annual general meeting held on June 27, 2025. These resolutions included the adoption of the audited financial statements for the year ending December 31, 2024, the re-election of several directors, the authorization for the board to fix directors’ remuneration, the re-appointment of Ernst & Young as auditors, and granting a mandate to buy back shares up to 10% of the issued shares. The unanimous approval of these resolutions reflects strong shareholder support and positions the company for continued stability and governance.