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Radiance Holdings (Group) Company Limited ( (HK:9993) ) has shared an announcement.
Radiance Holdings reported 2025 revenue of about RMB14.19 billion, a sharp decline from the previous year, and remained in a gross loss position amid a tough property market. The company reduced its total interest-bearing debts to RMB23.47 billion and lowered its weighted average borrowing cost to 4.85%, while recognizing substantial impairments and fair value losses on properties and investments.
The results underscore continued financial pressure on the group, with significant losses driven by impairments on property, plant and equipment, right-of-use assets and investment properties, as well as losses from joint ventures and associates. Alongside its annual results, Radiance adopted an amended and restated memorandum and articles of association, signaling ongoing efforts to adjust its capital structure and governance as it navigates sector-wide headwinds and seeks to stabilize its balance sheet.
The most recent analyst rating on (HK:9993) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Radiance Holdings (Group) Company Limited stock, see the HK:9993 Stock Forecast page.
More about Radiance Holdings (Group) Company Limited
Radiance Holdings (Group) Company Limited is a Chinese property developer listed in Hong Kong, operating through subsidiaries in the real estate sector. The group focuses on residential and related property projects in mainland China, relying heavily on debt financing to support its development activities and land bank expansion in a challenging market environment.
Average Trading Volume: 9,532,406
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.46B
See more insights into 9993 stock on TipRanks’ Stock Analysis page.