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港股内房股持续走强,金辉控股(09993.HK)涨超30%,融信中国(03301.HK)涨近7%,中梁控股(02772.HK)涨近6%,世茂集团(00813.HK)、绿城中国(03900.HK)、融创中国(01918.HK)均涨超4%,富力地产(02777.HK)、碧桂园(02007.HK)均涨超3%。
news flash· 2025-05-07 02:01
Core Viewpoint - The Hong Kong property stocks are experiencing a strong upward trend, with significant gains observed in various companies within the sector [1] Company Performance - Jin Hui Holdings (09993.HK) has surged over 30% [1] - Ronshine China (03301.HK) has increased nearly 7% [1] - Zhongliang Holdings (02772.HK) has risen nearly 6% [1] - Shimao Group (00813.HK), Greentown China (03900.HK), and Sunac China (01918.HK) have all gained over 4% [1] - Fuli Properties (02777.HK) and Country Garden (02007.HK) have both seen increases of over 3% [1]
港股内房股盘初拉升,融信中国(03301.HK)、金辉控股(09993.HK)均涨超13%,世茂集团(00813.HK)涨超9%,融创中国(01918.HK)涨超6%,中梁控股(02772.HK)、新城发展控股(01030.HK)等多股涨超5%。
news flash· 2025-05-07 01:40
Group 1 - Hong Kong property stocks experienced a significant rise at the beginning of trading, with major companies like Ronshine China (03301.HK) and Jin Hui Holdings (09993.HK) both increasing by over 13% [1] - Shimao Group (00813.HK) saw an increase of over 9%, while Sunac China (01918.HK) rose by more than 6% [1] - Other companies such as Zhongliang Holdings (02772.HK) and New World Development Holdings (01030.HK) also recorded gains exceeding 5% [1]
金辉控股(09993) - 2024 - 年度财报
2025-04-29 12:47
Financial Stability and Debt Management - Radiance Holdings has zeroed out all credit-type debts, enhancing financial flexibility and providing a solid foundation for future business expansion[22]. - The company completed the payment of its US dollar bonds and settled all credit bonds issued in the open market, consolidating financial stability and boosting investor confidence[23]. - The company successfully issued RMB550 million medium-term notes, recognizing its financial stability and providing capital safeguard for future development[26]. - Radiance Holdings completed the repayment of all publicly issued credit bonds, enhancing financial stability and investor confidence[29]. - As of December 31, 2024, the Group's outstanding debt was approximately RMB 24,602.2 million, a decrease of approximately 16.4% compared to the same period in 2023[59][63]. - The weighted average cost of debt for the year ended December 31, 2024, was approximately 5.26%, down by approximately 0.73% year-on-year[59][63]. - The Group's total indebtedness decreased to RMB 24,602,216 in 2024 from RMB 29,428,437 in 2023, representing a reduction of approximately 16.2%[72]. - The Group's borrowings were secured by assets valued at approximately RMB 41,233.3 million as of December 31, 2024, down from RMB 44,992.8 million in 2023[156]. Revenue and Profitability - For the year ended December 31, 2024, the Group's revenue was RMB 24,766.0 million, a year-on-year decrease of 27.7%[57]. - The loss attributable to the owners of the Company for the same period was RMB 9,111.2 million[57]. - Recognised revenue for the year ended 31 December 2024 was RMB 24,766,044, a decrease of 27.6% from RMB 34,248,685 in 2023[72]. - Gross profit margin for 2024 was -23.4%, down from 7.38% in 2023, indicating a significant decline in profitability[72]. - The Group recorded a gross loss of approximately RMB5,799.2 million for the year ended December 31, 2024, compared to a gross profit of RMB2,528.7 million for the year ended December 31, 2023[113]. - Revenue from property development and sales decreased by approximately 28.0% to RMB24,347.1 million for the year ended 31 December 2024, compared to RMB33,814.3 million for the previous year[106]. - Rental income decreased by approximately 20% to RMB332.8 million for the year ended December 31, 2024, down from RMB416.9 million for the year ended December 31, 2023[107]. Market Conditions and Strategic Initiatives - The real estate market in China experienced a year-on-year decline in both investment and sales in 2024[58]. - Macroeconomic regulation policies shifted focus to "halting the decline and stabilising the market" throughout the year[58]. - First-tier and selected second-tier cities have shown signs of stabilisation in the real estate market[58]. - The Central People's Government plans to implement more proactive macroeconomic policies in 2025 to boost domestic demand and stabilize the property market[65][68]. - The real estate sector in China is expected to gradually achieve "halting the decline and stabilizing the market" in 2025[65][68]. Project Development and Community Engagement - Xi'an Radiance Plaza D16 Creative Street officially commenced business operation, enhancing the business ecosystem in the region[27]. - The company delivered over 27,000 high-quality residences across 22 cities in 2024, with several projects delivered ahead of schedule, such as Shangrao Radiance delivered 11 months early[47][49]. - A total of 1,946 community activities were held in 2024, with over 578,000 participants, enhancing community culture[48][50]. - The opening of the Sheraton Fuqing Radiance Hotel was recognized as a top conference service hotel, reflecting its competitiveness in high-end conferences[34]. - The launch of the new product series "Yun City" marked significant advancements in product innovation and quality enhancement[45][49]. Management and Leadership - Mr. Lam has over 30 years of experience in the real estate industry and has been the Chairman and CEO of the Group since its establishment in September 1996[191]. - Mr. Huang was appointed as an executive director on March 16, 2020, and has been responsible for architectural design, project operations, brand marketing, and cost control since joining the Group in January 2009[195]. - Ms. Wu has accumulated rich experience in the real estate industry, having held various management positions since joining the Group in August 2016[198]. - Mr. Lam Yu has been with the Group since March 2011 and is currently the executive president, managing the Marketing Investment Management Centre[188]. Financial Performance and Losses - The Group recorded a net loss of approximately RMB10,052.2 million for the year ended December 31, 2024, compared to a net loss of approximately RMB433.9 million for the year ended December 31, 2023, representing an increase of approximately 2,216.5%[141]. - Income tax expenses increased by approximately 8.7% to RMB1,230.1 million for the year ended December 31, 2024 from RMB1,131.7 million for the year ended December 31, 2023[140]. - Net current assets decreased to approximately RMB13,395.5 million as at 31 December 2024 from approximately RMB23,233.3 million as at 31 December 2023[142]. - Cash and bank balances decreased to approximately RMB2,390.4 million as at 31 December 2024 from approximately RMB7,072.9 million as at 31 December 2023[143]. Employee and Operational Management - The total number of employees decreased to 713 as of December 31, 2024, from 1,432 in 2023, with staff costs for the year being approximately RMB 256.7 million compared to RMB 325.6 million in 2023[179]. - The Group has established a regular assessment mechanism for employee performance, which influences salary increments, bonuses, and promotions[179]. - The Group's liquidity position is continuously monitored to maintain a balance between sustainability and flexibility of funding[166].
港股午评|恒生指数早盘涨0.07% 耀才证券获蚂蚁财富要约大涨超66%
智通财经网· 2025-04-28 04:08
Group 1 - Hong Kong's Hang Seng Index rose by 0.07%, gaining 16 points to close at 21,997 points, while the Hang Seng Tech Index increased by 0.50% [1] - Yao Cai Securities surged by 66% as it plans to acquire Ant Group at a premium of approximately 17.6% [1] - Jin Mao Yin Mao saw a 9.6% increase in share price, with a name change to "Zhu Feng Gold" effective tomorrow, as institutions believe its market value does not reflect the potential for upstream business expansion [1] - Pop Mart's shares rose over 11%, driven by the Labubu phenomenon, which helped its official app reach the top of the US App Store shopping chart [1] - Bluko's stock increased by over 7%, with institutions indicating that the company's new product rhythm is accelerating, leading to high growth expectations [1] - Gu Ming's share price rose over 9%, reaching a new historical high, with an increase of more than 1.4 times from its IPO price [1] - Luoyang Molybdenum's shares rose over 4%, reporting a 90% year-on-year increase in net profit for the first quarter, and plans to acquire Lumina Gold [1] - Green Power Environmental's shares once rose by 9%, with a 33.21% year-on-year increase in net profit attributable to shareholders for the first quarter, reaching 185 million yuan [1] - Rongchang Bio's shares rose over 4% ahead of its performance report, with multiple results selected for the 2025 ASCO oral presentation, and positive Phase III data for Taitasip [1] - Real estate stocks collectively declined, with institutions stating that Q2 real estate policies are leaning towards stabilization rather than strong stimulus, with Jin Hui Holdings down 5% and Greentown China down 3% [1] Group 2 - China Shenhua's shares fell by 3.57% post-earnings, with coal business volume and price declining, resulting in an 18% year-on-year drop in net profit for the period [2] - BYD Electronics' shares dropped by 7% after earnings, with a slight year-on-year increase in revenue and profit, and changes in iPhone shipment structure potentially affecting its mid-frame business [2] Group 3 - Chifeng Gold's shares fell by 3.66% post-earnings, but the stock has still seen a cumulative increase of nearly 60% this month, with net profit for the first quarter increasing by over 140% due to rising gold prices [3]
港股房地产股走弱 金辉控股跌近7%
news flash· 2025-04-28 01:43
Group 1 - The stock prices of several real estate companies have declined significantly, with Jin Hui Holdings (09993.HK) down by 6.87%, Vanke Enterprises (02202.HK) down by 3.85%, Greentown China (03900.HK) down by 3.28%, and China Resources Land (01109.HK) down by 3.14% [1]
突然爆发!3分钟,直线涨停
新华网财经· 2025-04-25 04:56
A股三大指数早盘集体上涨,截至午盘,沪指涨0.15%,深证成指涨0.87%,创业板指涨1.07%,北证50 指数涨1.11%。全市场半日成交额7331亿元,较上日同期缩量469亿元。全市场超3800只个股上涨。 盘面上,房地产板块早盘走高, 大龙地产3分钟内直线涨停 。电力板块延续活跃,华银电力封板。 光模块、铜缆高速连接等AI硬件方向亦表现强势,仕佳光子、致尚科技涨超10%。创新药板块早盘 局部调整,江苏吴中跌停。 港股方面,恒生指数和恒生科技指数均高开高走,截至午间收盘,恒指涨1.36%,恒生科技指数涨 1.87%,国企指数涨1.29%。地产股集体走高,金辉控股盘中最高涨超80%。 地产板块再度走强 大龙地产直线涨停 地产板块25日盘中再度走强。截至午间收盘,A股南国置业、世联行、渝开发、大龙地产纷纷涨停。 大 龙地产自9时56分起直线拉升,3分钟内封住涨停。 港股市场,金辉控股盘中一度涨超80%,截至发稿涨超43%。融信中国涨超17%,远洋集团涨超11%, 中梁控股、龙湖集团等跟涨。 | | 09993 金辉控股 | | | 3.230 | +0.980 | | --- | --- | --- | -- ...
港股午评|恒生指数早盘涨1.36% 内房股全线走高
智通财经网· 2025-04-25 04:06
Group 1: Hong Kong Stock Market Performance - The Hang Seng Index rose by 1.36%, gaining 297 points to close at 22,206 points, while the Hang Seng Tech Index increased by 1.87% [1] - The early trading volume in the Hong Kong stock market reached HKD 116.4 billion [1] Group 2: Real Estate Sector - Foreign institutions are optimistic about the recovery of the Chinese real estate sector, with Citigroup strategists urging investors to increase their holdings in Chinese real estate stocks due to expected improvements in profitability from policy support and better management practices [1] - Kwan Hung Holdings surged over 43%, while other notable gains included Rongxin China up 17%, Greentown China up 5%, CIFI Holdings up 7.88%, Sunac China up 4.22%, and Longfor Group up 6.74% [1] Group 3: AI Medical Sector - AI medical concept stocks saw an uptick as seven departments jointly promoted AI empowerment across the pharmaceutical industry, with institutions optimistic about the accelerated trend in the AI medical industry [1] - Notable stock performances included iFlytek Medical Technology up 7.2%, Yidu Tech up 5.35%, Crystal Tech Holdings up 4.69%, and MicroPort Scientific up 4.07% [1] Group 4: Other Notable Stocks - Horizon Robotics rose over 7% following a strategic partnership with Bosch to develop an upgraded version of Bosch's advanced driver assistance system [2] - KPB Medical surged over 14%, with a cumulative increase of over 95% this week after its core product was approved for sale in China [3] - Xintai Medical increased by 3.88%, although the company indicated uncertainty regarding its sales growth targets [4] - Minmetals Resources rose over 5%, reporting a 76% year-on-year increase in copper production for the first quarter, with potential adjustments to production guidance [5] - Beike-W increased by 4.88%, as the real estate fundamentals became clearer, with institutions suggesting its stock price is entering a value range [6] - Global New Materials International saw a sharp rise of over 20% before settling at a 4% increase after acquiring Merck's global performance solutions business [7]
房地产大爆发,金辉控股直线拉升超50%
Zhong Guo Ji Jin Bao· 2025-04-25 03:19
Market Overview - The market is experiencing fluctuations as it seeks new main themes ahead of the May Day holiday, with the Shanghai Composite Index slightly up by 0.03%, Shenzhen Component Index up by 0.51%, and the ChiNext Index up by 0.6% as of April 25 [1][2] Real Estate Sector - The Hong Kong real estate stocks surged, with Jin Hui Holdings rising over 50% in early trading on April 25 [3] - Jin Hui Holdings' stock price increased by 56.44% to 3.520, with a market capitalization of 14.2 billion [4] - Other notable gains in the real estate sector included Lingdi Holdings up nearly 30%, and China Aoyuan and R&F Properties both rising over 10% [4][5] - Analysts from Citigroup and HSBC are optimistic about the Chinese real estate sector, predicting improved profitability due to policy support and better management practices [7] Power Sector - The power sector continued its strong performance, with multiple stocks hitting the daily limit up, including Huayin Power and Xichang Power [8][10] - Huayin Power reported a significant year-on-year net profit increase of 894.61% in Q1, attributed to a 54.08 yuan/ton decrease in coal prices and a 7.37% increase in power generation [11] - The total investment in the power sector is expected to reach a record high this year, with State Grid's investment plan exceeding 650 billion yuan and Southern Grid's reaching 175 billion yuan, totaling 825 billion yuan [12]
港股地产股集体走高,金辉控股(09993.HK)涨超50%,金地商置(00535.HK)涨近20%,融信中国(03301.HK)、富力地产(02777.HK)涨逾10%,融创中国(01918.HK)涨超8%。
news flash· 2025-04-25 02:11
Group 1 - Hong Kong real estate stocks collectively rose, with Jin Hui Holdings (09993.HK) increasing over 50% [1] - Gemdale Properties (00535.HK) saw a nearly 20% rise [1] - Ronshine China (03301.HK) and R&F Properties (02777.HK) both increased by over 10% [1] - Sunac China (01918.HK) experienced an increase of over 8% [1]
金辉控股(09993) - 2024 - 年度业绩
2025-03-28 14:46
Financial Performance - Revenue for the year ended December 31, 2024, was approximately RMB 24.77 billion, a decrease from RMB 34.25 billion in 2023, representing a decline of about 27.7%[3] - The company reported a net loss of RMB 10.05 billion for the year, compared to a loss of RMB 433.94 million in 2023, indicating a significant increase in losses[4] - Basic and diluted loss per share for the year was RMB 2.25, compared to RMB 0.14 in 2023[4] - Total revenue decreased to RMB 24,766,044,000 in 2024 from RMB 34,248,685,000 in 2023, representing a decline of approximately 27.6%[20] - Customer contract revenue fell to RMB 24,433,226,000 in 2024 from RMB 33,831,807,000 in 2023, a decrease of about 27.7%[21] - The company reported a loss attributable to shareholders of RMB 9,111.2 million for the year, compared to a loss of RMB 581.2 million in the previous year[53] - The gross loss margin for the year was -23.4%, compared to a gross profit margin of 7.38% in the previous year[53] - The company recorded a gross loss of approximately RMB 5,799.2 million for the year ended December 31, 2024, compared to a gross profit of RMB 2,528.7 million in the previous year, resulting in a negative gross margin of about 23.4%[67] Assets and Liabilities - Total interest-bearing liabilities as of December 31, 2024, were RMB 24.6 billion, down RMB 4.83 billion from RMB 29.43 billion in 2023, a reduction of approximately 16.4%[2] - Non-current assets totaled RMB 30.04 billion as of December 31, 2024, slightly down from RMB 30.54 billion in 2023[5] - Current assets decreased to RMB 66.62 billion from RMB 99.23 billion in 2023, a decline of approximately 32.9%[5] - Current liabilities were RMB 53.22 billion, down from RMB 76.00 billion in 2023, representing a decrease of about 30.0%[5] - Total equity decreased to RMB 24.13 billion from RMB 35.95 billion in 2023, a decline of approximately 32.8%[6] - Non-current liabilities increased to RMB 19.31 billion from RMB 17.83 billion in 2023, an increase of about 8.3%[6] - Total outstanding borrowings decreased from approximately RMB 29,428.4 million as of December 31, 2023, to approximately RMB 24,602.2 million as of December 31, 2024[82] - The total amount of secured assets used as collateral for borrowings was approximately RMB 41,233.3 million in 2024, down from RMB 44,992.8 million in 2023[86] Cash Flow and Liquidity - Short-term borrowings amounted to RMB 7,532,895,000, while cash and cash equivalents were RMB 1,829,772,000, indicating significant uncertainty regarding the company's ability to continue as a going concern[11] - Cash and bank balances decreased from approximately RMB 7,072.9 million as of December 31, 2023, to approximately RMB 2,390.4 million as of December 31, 2024[81] - The company recorded a net loss of RMB 10,052,176,000 for the year ended December 31, 2024, raising significant doubts about its ability to continue as a going concern[109] - As of December 31, 2024, the group had short-term borrowings of RMB 7,532,895,000 and cash and cash equivalents of RMB 1,829,772,000, indicating potential liquidity issues[110] Operational Strategy - The company plans to accelerate property sales and recover sales proceeds to maintain sufficient working capital[11] - The company has taken various measures to ensure adequate operating funds, including monitoring construction progress and ensuring timely completion of properties sold under pre-sale arrangements[12] - The company aims to embrace changes and adjust its operational strategy to align with market developments and demands in 2025[51] Corporate Governance - The company is committed to high standards of corporate governance, having adhered to the relevant codes except for a deviation regarding the roles of the chairman and CEO[102] - The audit committee, consisting of three independent non-executive directors, reviewed and approved the financial reporting processes and internal control systems for the year[104] - The independent auditor confirmed that the financial statements for the year ended December 31, 2024, were prepared in accordance with international financial reporting standards[108] - The board did not recommend a final dividend for the year ended December 31, 2024, consistent with no dividend declared in 2023[114] Employee and Operational Metrics - As of December 31, 2024, the group had 713 employees, a decrease from 1,432 employees in 2023, with employee costs amounting to RMB 256.7 million compared to RMB 325.6 million in 2023[99] - Sales and distribution expenses decreased by approximately 23.9% from approximately RMB 1,030.5 million for the year ended December 31, 2023, to approximately RMB 784.6 million for the year ending December 31, 2024, mainly due to the transfer of pre-sold project costs[70] - Administrative expenses decreased by approximately 17.5% from approximately RMB 686.3 million for the year ended December 31, 2023, to approximately RMB 566.5 million for the year ending December 31, 2024, primarily due to reductions in employee salaries and office expenses[71]