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

HK:9993

Radiance Holdings (Group) Company Limited

(HKEX:9993)

Select Model
Rating:45Neutral
Price Target:HKD 0.84â–¼(-4.66% Downside)
Action:reiterated
Date:08/19/26

The overall score is driven primarily by very weak financial performance, including sustained losses, negative margins, high leverage, and recently negative cash flows that collectively signal elevated balance-sheet and solvency risk. Technical indicators provide only modest support, with short-term stabilization but a clear longer-term downtrend, while valuation appears unappealing given the lack of positive earnings and no visible dividend support.

Positive Factors
Positive Equity BaseThe company retains a positive equity base, which provides some residual balance-sheet support despite severe losses and rising leverage. This is not a sign of financial strength, but it may preserve more restructuring and capital-allocation options than a fully negative equity position.
Negative Factors
Severe Profitability DeteriorationThe shift from positive profitability in earlier years to very large losses in 2024–2025 signals a fundamental breakdown in earnings economics. Deeply negative gross profit leaves little operating leverage to support recovery and can erode capital further if the condition persists.

Radiance Holdings (Group) Company Limited (9993) vs. iShares MSCI Hong Kong ETF (EWH)

-80%-60%-40%-20%0%20%40%HK:9993-63.71%EWH+8.05%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
HKD 3.48B
Dividend Yield
―
Average Volume (3M)
91.12M
Price to Earnings (P/E)
-0.4
Beta (1Y)
0.20
Revenue Growth
-25.08%
EPS Growth
9.01%
Country
Hong Kong
Employees
360
Sector
Real Estate
Sector Strength
65
Industry
Real Estate - Development

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

Company Description

Radiance Holdings (Group) Company Limited, an investment holding company, engages in property development business in Mainland China. The company develops and sells residential and commercial properties; and leases commercial properties, such as offi...

Radiance Holdings (Group) Company Limited Financial Statement Overview

Summary

The company has shifted from strong profitability to deep losses, with revenue shrinking sharply, gross and net margins turning negative, high leverage, shrinking equity, and operating and free cash flow recently turning negative, indicating elevated financial stress and restructuring risk despite earlier years of positive cash generation and some debt reduction.

Income Statement

9Very Negative

Balance Sheet

23Negative

Cash Flow

31Negative
Financial statement breakdown
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue10.81B13.83B24.77B34.25B35.32B40.03B
Gross Profit-1.68B-1.60B-5.80B2.53B5.18B7.75B
EBITDA-2.64B-5.74B-7.17B1.06B4.02B6.90B
Net Income-6.60B-6.74B-9.11B-581.25M1.71B3.27B
Balance Sheet
Total Assets77.83B77.92B96.66B129.78B161.68B191.65B
Cash, Cash Equivalents and Short-Term Investments993.96M1.09B1.83B4.83B12.32B11.30B
Total Debt28.61B23.48B29.82B29.43B37.83B52.81B
Total Liabilities62.11B62.21B72.53B93.83B126.09B154.08B
Stockholders Equity8.00B7.92B14.83B23.95B24.53B23.64B
Cash Flow
Free Cash Flow544.08M-506.13M2.90B7.91B8.28B1.90B
Operating Cash Flow529.68M-495.81M3.00B8.10B8.35B2.77B
Investing Cash Flow-407.06M191.36M-34.04M1.94B1.96B-3.29B
Financing Cash Flow-458.35M-962.54M-5.95B-9.65B-17.14B-8.94B

Radiance Holdings (Group) Company Limited Technical Analysis

Technical Analysis SentimentNegative
Last Price0.88

Price Trends

50DMA1.04Negative
100DMA1.07Negative
200DMA1.30Negative

Market Momentum

MACD-0.05Positive
RSI25.82Positive
STOCH6.25Positive

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 0.88 is below the 20-day moving average (MA) of 0.97, below the 50-day MA of 1.04, and below the 200-day MA of 1.30, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 25.82 is Positive, neither overbought nor oversold. The STOCH value of 6.25 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

Overall Rating

UnderperformOutperform
Sector (65)

Financial Indicators

HK:9993 against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *65Neutral$2.17B12.193.79%4.94%3.15%1.96%
HK:0034HK:003452NeutralHKD 5.02B36.760.78%6.24%-46.68%7.94%
HK:0051HK:005152NeutralHKD 4.25B-35.29-0.78%0.83%0.79%55.16%
HK:1224HK:122445NeutralHKD 4.52B-11.46-2.62%―13.77%46.64%
HK:0369HK:036945NeutralHKD 2.26B-3.58-2.77%4.26%13.56%74.33%
HK:9993HK:999345NeutralHKD 3.48B-0.44-82.94%―-25.08%9.01%
HK:0272HK:027237UnderperformHKD 3.12B-1.71-4.32%9.23%-46.61%-1120.09%

* Real Estate Sector Average

Performance Comparison

-50%0%50%HK:9993HK:1224HK:0034HK:0272HK:0051HK:0369Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
HK:9993 and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
HK:9993Radiance Holdings (Group) Company Limited0.86-1.72-66.67%
HK:1224C C Land Holdings 1.17-0.03-2.92%
HK:0034Kowloon Development Co 3.850.226.13%
HK:0272Shui On Land 0.39-0.27-41.18%
HK:0051Harbour Centre Development Limited6.001.8444.23%
HK:0369Wing Tai Properties Limited1.650.021.42%

Radiance Holdings (Group) Company Limited Corporate Events

Radiance Holdings Subsidiary Posts Turnaround Profit on Lower Revenue

Oct 30, 2026

Radiance Holdings has released a summary of the unaudited financial results for its indirect non-wholly owned subsidiary Radiance Group Co., Ltd. for the nine months ended 30 September 2026, as required by PRC rules tied to the subsidiary’s deb...

Radiance Holdings Advances Loan Restructuring to Address Going-Concern Warning

Oct 30, 2026

Radiance Holdings (Group) Company Limited, incorporated in the Cayman Islands and listed in Hong Kong, operates through multiple mainland Chinese real estate subsidiaries. Its business centers on property development projects in cities including Fuzh...

Radiance Holdings Returns to Profit Despite Sharp Revenue Drop

Aug 31, 2026

Radiance Holdings reported unaudited interim revenue of RMB 3.03 billion for the six months ended 30 June 2026, less than half the level a year earlier, as cost of sales fell in tandem and gross profit slipped to RMB 730.6 million. After higher finan...

Radiance Holdings Sets August Board Meeting to Approve Interim Results and Consider Dividend

Aug 19, 2026

Radiance Holdings (Group) Company Limited has scheduled a board meeting for 31 August 2026 to review and approve the unaudited interim results for the six months ended 30 June 2026 and to authorize their publication. The board will also consider the...

Radiance Holdings Flags Return to Profit on Stronger Margins and Lower Property Losses

Aug 13, 2026

Radiance Holdings (Group) Company Limited has issued an earnings preannouncement indicating a notable turnaround for the six months ended 30 June 2026, as it expects to post a net profit attributable to owners of not more than RMB90 million, compared...

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