Pioneer Global Group Limited (0224) AI Stock Analysis

• Market Cap: HK$634.72M
• Dividend Yield: N/A
• Average Volume (3M): 5.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.38
• Revenue Growth: -6.24%
• EPS Growth: 34.53%
• Country: HK
• Employees: 18
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Services
• EPS (TTM): -0.03
• Shares Outstanding: 1,154,038,700
• 10 Day Avg. Volume: 16,000
• 30 Day Avg. Volume: 5,600
• PEG Ratio: -0.03
• Price to Book (P/B): 0.11
• Price to Sales (P/S): 3.32
• P/FCF Ratio: 5.64
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: HK$0.50 ▼(-9.09% Downside)

The overall stock score of 46 reflects significant challenges in financial performance, particularly in profitability and cash flow management. Technical analysis indicates bearish momentum with oversold conditions, while valuation metrics suggest the stock is overvalued due to negative earnings. These factors collectively contribute to a cautious outlook for the stock.

Positive Factors

Strong Gross Profit Margin

A high gross profit margin suggests effective cost control and pricing power, which can support profitability even amid revenue volatility.

Stable Balance Sheet

A balanced debt-to-equity ratio indicates prudent financial management, providing resilience against economic fluctuations.

Diverse Revenue Streams

Diversified revenue streams across sectors reduce dependency on a single market, enhancing stability and growth potential.

Negative Factors

Negative Net Income

Consistent losses can erode shareholder value and limit reinvestment capacity, posing long-term financial challenges.

Negative Free Cash Flow Growth

Negative free cash flow growth limits the company's ability to invest in growth opportunities and manage debt effectively.

Volatile Revenue Growth

While high growth is positive, volatility can indicate instability, making future performance unpredictable and risky.

Pioneer Global Group Limited Business Overview & Revenue Model

Company Description

Pioneer Global Group Limited, an investment holding company, engages in the real estate investment business in Hong Kong and internationally. The company operates through Property and Hotels; and Investments and Others segments. It primarily invests in industrial, commercial, and residential properties, as well as hotels. The company was incorporated in 1989 and is based in Causeway Bay, Hong Kong.

How the Company Makes Money

Pioneer Global Group Limited generates revenue through multiple streams. The company earns income from its financial services, including management fees from its asset management operations and consultancy fees for investment advisory services. Additionally, revenue is generated from property development projects, where the company invests in real estate and develops residential and commercial properties for sale or lease. The logistics segment contributes to earnings through transportation and warehousing services, catering to various industries. Key partnerships with financial institutions and property developers enhance its market position and drive revenue growth, while strategic investments help optimize its portfolio and yield returns.

Pioneer Global Group Limited Financial Statement Overview

Summary

Pioneer Global Group Limited faces challenges in profitability and cash flow management despite strong revenue growth and a stable balance sheet. The negative net income and declining free cash flow growth highlight potential operational inefficiencies and financial risks. The company needs to improve its profitability and cash flow generation to enhance financial health and shareholder value.

Income Statement

The company has experienced significant volatility in its income statement metrics. The gross profit margin remains strong at around 79.6%, indicating efficient cost management. However, the net profit margin has turned negative in the latest period, reflecting substantial losses. Revenue growth is highly volatile, with a notable increase of 147.8% in the most recent year, but this is overshadowed by the negative EBIT and EBITDA margins, suggesting operational inefficiencies.

Balance Sheet

The balance sheet shows moderate financial stability with a debt-to-equity ratio of 0.31, indicating a balanced approach to leveraging. However, the return on equity is negative, reflecting recent losses and impacting shareholder value. The equity ratio is healthy, suggesting a strong asset base relative to liabilities.

Cash Flow

Cash flow metrics indicate some concerns. The operating cash flow to net income ratio is strong, suggesting good cash generation relative to reported losses. However, free cash flow growth is negative, and the free cash flow to net income ratio is nearly 1, indicating that cash flow is just covering net losses without room for reinvestment.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	96.82M	239.93M	249.48M	238.40M	263.02M	274.38M
Gross Profit	73.37M	190.92M	197.87M	181.59M	216.24M	234.47M
EBITDA	176.10M	-41.47M	53.05M	146.83M	295.72M	444.01M
Net Income	-160.11M	-161.70M	-56.17M	59.84M	211.81M	292.53M
Balance Sheet
Total Assets	10.99B	10.87B	11.02B	11.14B	11.13B	10.96B
Cash, Cash Equivalents and Short-Term Investments	385.69M	389.63M	302.50M	262.77M	227.33M	186.83M
Total Debt	1.26B	2.28B	2.28B	2.28B	2.28B	2.28B
Total Liabilities	2.45B	2.43B	2.44B	2.47B	2.46B	2.45B
Stockholders Equity	7.42B	7.32B	7.47B	7.57B	7.56B	7.38B
Cash Flow
Free Cash Flow	152.24M	141.11M	140.42M	95.48M	143.31M	131.88M
Operating Cash Flow	153.41M	141.13M	141.58M	95.50M	143.65M	131.98M
Investing Cash Flow	135.85M	67.70M	-9.78M	-20.58M	-66.41M	-314.62M
Financing Cash Flow	-83.15M	-121.59M	-139.31M	-39.43M	-44.74M	-20.88M

Pioneer Global Group Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0224, the sentiment is Neutral. The current price of 0.55 is below the 20-day moving average (MA) of 0.56, below the 50-day MA of 0.57, and below the 200-day MA of 0.61, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 50.19 is Neutral, neither overbought nor oversold. The STOCH value of 49.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:0224.

Pioneer Global Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0898	66 Neutral	HK$869.52M	2.52	4.18%	4.04%	-2.19%	78.43%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0225	52 Neutral	HK$664.38M	-3.08	-4.79%	6.05%	6.17%	63.88%
1036	51 Neutral	HK$701.15M	-5.68	-2.93%	3.33%	178.97%	-2829.91%
0237	49 Neutral	HK$805.95M	-2.90	-7.65%	3.94%	-7.47%	-300.57%
0224	46 Neutral	HK$634.72M	-6.06	-1.42%	―	-6.24%	34.53%
0277	42 Neutral	HK$407.53M	25.61	0.63%	1.15%	-8.55%	―

Pioneer Global Group Limited Corporate Events

Pioneer Global Group Reports Interim Loss Amid Revenue Decline

Pioneer Global Group Limited reported its unaudited interim results for the six months ending September 30, 2025, revealing a decrease in revenue from HK$121,928,000 in 2024 to HK$112,626,000 in 2025. The company experienced a loss before taxation of HK$23,296,000, compared to a loss of HK$80,796,000 in the previous year, attributed to factors such as changes in fair value of investment properties and equity instruments, as well as significant finance costs. This financial performance indicates challenges in maintaining profitability amidst fluctuating market conditions.

The most recent analyst rating on (HK:0224) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Pioneer Global Group Limited stock, see the HK:0224 Stock Forecast page.

Pioneer Global Appoints New Auditor at EGM

Pioneer Global Group Limited announced the successful passing of a resolution at their extraordinary general meeting held on November 25, 2025, appointing Baker Tilly Hong Kong Limited as the new auditor. This change in auditors follows the resignation of CHENG & CHENG LIMITED and is expected to impact the company’s financial auditing processes positively, ensuring continued compliance and transparency for stakeholders.

The most recent analyst rating on (HK:0224) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Pioneer Global Group Limited stock, see the HK:0224 Stock Forecast page.

Pioneer Global Group Schedules Board Meeting for Interim Results

Pioneer Global Group Limited has announced a board meeting scheduled for November 28, 2025, to approve the unaudited interim results for the six months ending September 30, 2025. The meeting will also consider the payment of an interim dividend, reflecting the company’s ongoing financial management and potential shareholder returns.

The most recent analyst rating on (HK:0224) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Pioneer Global Group Limited stock, see the HK:0224 Stock Forecast page.

Pioneer Global Group Schedules EGM for Auditor Appointment

Pioneer Global Group Limited has announced an extraordinary general meeting scheduled for November 25, 2025, in Hong Kong. The primary agenda is to appoint Baker Tilly Hong Kong Limited as the company’s auditor until the next annual general meeting, with the board authorized to set the auditor’s remuneration. This move is part of the company’s ongoing governance and operational strategies, potentially impacting its financial oversight and stakeholder confidence.

The most recent analyst rating on (HK:0224) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Pioneer Global Group Limited stock, see the HK:0224 Stock Forecast page.

Pioneer Global Proposes New Auditor Appointment

Pioneer Global Group Limited announced the proposed appointment of Baker Tilly Hong Kong Limited as its new auditor following the resignation of CHENG & CHENG LIMITED due to disagreements over audit fees. The board, with the audit committee’s recommendation, believes Baker Tilly’s appointment is in the best interest of the company and its shareholders, citing the firm’s experience, independence, and market reputation as key factors in their decision.

The most recent analyst rating on (HK:0224) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Pioneer Global Group Limited stock, see the HK:0224 Stock Forecast page.