Glorious Sun Enterprises Limited (0393) AI Stock Analysis

• Market Cap: HK$2.07B
• Dividend Yield: 6.95%
• Average Volume (3M): 160.43K
• Price to Earnings (P/E): 15.0
• Beta (1Y): 0.31
• Revenue Growth: -3.02%
• EPS Growth: 38.25%
• Country: HK
• Employees: 413
• Sector: Industrials
• Sector Strength: 72
• Industry: Consulting Services
• EPS (TTM): 0.02
• Shares Outstanding: 1,500,000,000
• 10 Day Avg. Volume: 131,400
• 30 Day Avg. Volume: 160,433
• PEG Ratio: 0.73
• Price to Book (P/B): 0.68
• Price to Sales (P/S): 2.06
• P/FCF Ratio: 6.84
• 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: 66 Neutral
• Price Target: HK$1.50 ▲(6.38% Upside)
• Action: Reiterated Date: 10/01/25
• Date: Action: Reiterated 10/01/25

Glorious Sun Enterprises Limited's overall score is driven by its strong financial performance and attractive dividend yield, despite a high P/E ratio and neutral technical indicators. The lack of recent free cash flow is a concern that needs addressing to ensure long-term sustainability.

Positive Factors

Operational Efficiency

The improvement in EBIT and EBITDA margins reflects better cost management and operational efficiency, which can lead to sustained profitability and competitive advantage over time.

Financial Stability

A strong balance sheet with low leverage risk enhances the company's ability to weather economic downturns and invest in growth opportunities, supporting long-term stability.

Revenue Growth

Consistent revenue growth indicates expanding market presence and product demand, which are crucial for sustaining long-term business success and shareholder value.

Negative Factors

Free Cash Flow Absence

The absence of free cash flow limits the company's ability to invest in new projects, pay down debt, or return capital to shareholders, potentially impacting future growth and financial flexibility.

Moderate Net Profit Margin

A moderate net profit margin indicates potential inefficiencies in cost management, which could hinder profitability and competitiveness if not addressed over the long term.

Conservative Growth Strategy

A conservative growth strategy may limit the company's ability to capitalize on market opportunities, potentially affecting its market position and long-term revenue growth.

Glorious Sun Enterprises Limited Business Overview & Revenue Model

Company Description

Glorious Sun Enterprises Limited, an investment holding company, engages in interior decoration and renovation business in Mainland China, Hong Kong, Australia, New Zealand, Canada, the United States, and internationally. It operates through four segments: Interior Decoration and Renovation; Retail, Franchise and Others; Export Operations; and Financial Investments. The Interior Decoration and Renovation segment engages in the interior decoration and renovation businesses, as well as sale of furniture. The Retail, Franchise and Others segment engages in the retail operation in Hong Kong, as well as franchise sale activities under the Jeanswest brand in casual wear and apparel domain. The Export Operations segment exports apparel. The Financial Investments segment is involved in the treasury management and consulting business. The company also engages in the provision garment design, asset management, and agency services; and property development and management activities. In addition, it offers IT services comprising software products, software customization services, IT infrastructure construction, and IT operation and maintenance services; and logistics services, such as bonded warehouse, warehouse, trade declaration, processing trade, general trade, custom consultancy, shipping agency, loading and unloading, import and export of technology, system software development and technical support, inspection and quarantine, import and export agency, etc. Glorious Sun Enterprises Limited was founded in 1974 and is headquartered in Kowloon Bay, Hong Kong.

How the Company Makes Money

Glorious Sun Enterprises Limited generates revenue through several key streams. The primary source of income is from its retail and export operations, where it sells casual wear and apparel products under various brand names. Additionally, the company invests in and develops properties, earning income through rental yields and property sales. The company also engages in financial investments, gaining returns from securities and other financial instruments. These diverse operations, coupled with strategic partnerships and investments in growth markets, contribute to the company's overall earnings.

Glorious Sun Enterprises Limited Financial Statement Overview

Summary

Glorious Sun Enterprises Limited demonstrates strong financial health with solid profit margins and low leverage. However, the absence of free cash flow in the latest period requires attention to ensure sustainable growth and liquidity.

Income Statement

Glorious Sun Enterprises Limited demonstrates a solid gross profit margin, with a significant improvement in EBIT and EBITDA margins in 2024 compared to 2023, indicating enhanced operational efficiency. The company also shows revenue growth from 2023 to 2024, highlighting a positive growth trajectory. However, the net profit margin remains moderate, suggesting room for cost management improvement.

Balance Sheet

The company's balance sheet is strong, highlighted by low debt levels and a high equity ratio, indicating financial stability and low leverage risk. The return on equity (ROE) shows improvement, reflecting better profitability for shareholders. However, the overall asset base has grown modestly, indicating a conservative growth strategy.

Cash Flow

Cash flow analysis reveals fluctuations with zero free cash flow in 2024, which could be a concern for future investments and dividends. Historically, operating cash flows were positive, indicating operational efficiency, though the lack of recent free cash flow suggests potential liquidity challenges that need addressing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	869.87M	910.17M	821.24M	1.06B	997.84M	707.55M
Gross Profit	243.88M	322.46M	160.36M	162.68M	166.25M	139.69M
EBITDA	121.88M	204.77M	63.77M	57.21M	61.12M	117.53M
Net Income	69.09M	61.38M	43.61M	39.23M	37.00M	90.02M
Balance Sheet
Total Assets	3.83B	3.56B	3.05B	3.12B	3.30B	3.15B
Cash, Cash Equivalents and Short-Term Investments	1.28B	1.26B	1.74B	2.17B	2.36B	1.86B
Total Debt	21.00M	20.40M	38.59M	68.75M	49.37M	54.87M
Total Liabilities	792.43M	800.01M	675.19M	687.92M	806.89M	546.19M
Stockholders Equity	3.03B	2.75B	2.38B	2.43B	2.47B	2.58B
Cash Flow
Free Cash Flow	315.54M	274.02M	174.91M	18.72M	-27.23M	184.11M
Operating Cash Flow	317.98M	276.45M	178.79M	21.51M	-22.11M	186.62M
Investing Cash Flow	-80.00M	-615.92M	-409.33M	455.68M	165.59M	795.96M
Financing Cash Flow	-176.40M	-162.50M	-136.98M	-71.09M	-92.97M	-94.26M

Glorious Sun Enterprises Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.41
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0393, the sentiment is Positive. The current price of 1.41 is above the 20-day moving average (MA) of 1.38, above the 50-day MA of 1.38, and above the 200-day MA of 1.32, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.64 is Neutral, neither overbought nor oversold. The STOCH value of 78.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0393.

Glorious Sun Enterprises Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1568	78 Outperform	HK$1.81B	2.79	8.03%	8.00%	-9.50%	-24.73%
0393	66 Neutral	HK$2.07B	15.05	2.44%	6.95%	-3.02%	38.25%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
8501	50 Neutral	HK$122.73M	-3.32	-7.39%	―	50.50%	27.48%
8455	47 Neutral	HK$115.20M	-4.63	1194.80%	―	4.00%	13.57%
3893	46 Neutral	HK$341.10M	-0.40	243.41%	―	-24.93%	-72.69%
1867	42 Neutral	HK$361.55M	-3.32	-78.46%	―	-30.47%	-57.80%

Glorious Sun Enterprises Limited Corporate Events

Glorious Sun Enterprises Expands Nomination Committee

Glorious Sun Enterprises Limited has announced the appointment of Mr. Ng Wing Ka, Jimmy, and Ms. Cheung Wai Yee to its Nomination Committee, effective November 24, 2025. This strategic move expands the committee to five members, potentially strengthening the company’s governance and decision-making processes.

The most recent analyst rating on (HK:0393) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Glorious Sun Enterprises Limited stock, see the HK:0393 Stock Forecast page.

Glorious Sun Enterprises Announces Board Composition and Roles

Glorious Sun Enterprises Limited has announced the composition of its board of directors and their respective roles and functions. This update includes the appointment of executive directors, independent non-executive directors, and the members of various board committees such as the Audit, Remuneration, Nomination, and Investment Committees. These appointments are crucial for the company’s strategic governance and operational oversight, potentially impacting its market positioning and stakeholder relations.

The most recent analyst rating on (HK:0393) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Glorious Sun Enterprises Limited stock, see the HK:0393 Stock Forecast page.

Glorious Sun Enterprises Updates Nomination Committee Terms

Glorious Sun Enterprises Limited has updated the Terms of Reference for its Nomination Committee, which was initially constituted in 2012. The revised terms, approved by the Board, emphasize the committee’s composition, meeting protocols, and responsibilities, aiming to enhance governance and ensure diverse representation. This update reflects the company’s commitment to aligning with the Hong Kong Stock Exchange’s listing rules, potentially impacting its governance structure and stakeholder engagement.

The most recent analyst rating on (HK:0393) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Glorious Sun Enterprises Limited stock, see the HK:0393 Stock Forecast page.