Seazen Group Ltd. (1030) AI Stock Analysis

• Market Cap: HK$18.37B
• Dividend Yield: N/A
• Average Volume (3M): 26.03M
• Price to Earnings (P/E): 78.1
• Beta (1Y): 2.04
• Revenue Growth: -30.32%
• EPS Growth: N/A
• Country: HK
• Employees: 20,243
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.11
• Shares Outstanding: 7,065,741,700
• 10 Day Avg. Volume: 13,961,230
• 30 Day Avg. Volume: 26,034,919
• PEG Ratio: -0.11
• Price to Book (P/B): 0.26
• Price to Sales (P/S): 0.13
• P/FCF Ratio: -4.48
• 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: HK$2.64
• Price Target Upside: 1.15% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 46 Neutral
• Price Target: HK$2.50 ▼(-4.21% Downside)

The overall stock score is primarily impacted by significant financial challenges, including declining revenues and high leverage. Technical analysis indicates bearish momentum, and valuation metrics suggest the stock is overvalued. These factors collectively result in a low overall score.

Positive Factors

Comprehensive Real Estate Solutions

The company's diversified business model, including property development, investment, and management, provides multiple revenue streams and resilience against market fluctuations.

Strategic Partnerships

Partnerships with local governments and real estate entities enhance land acquisition capabilities, supporting long-term growth and competitive positioning in the real estate market.

Urbanization and Consumer Trends

Leveraging urbanization trends in China positions Seazen Group to benefit from increased demand for residential and commercial properties, driving sustainable revenue growth.

Negative Factors

Declining Revenue

Negative revenue growth indicates shrinking business activity, which can undermine long-term financial health and competitive standing in the real estate market.

High Leverage

Increasing debt levels raise financial risk and can limit the company's ability to invest in growth opportunities, affecting long-term sustainability.

Inconsistent Cash Flow

Volatile cash flow and negative operating cash flow periods highlight potential liquidity issues, impacting the company's ability to sustain operations and fund future growth.

Seazen Group Ltd. Business Overview & Revenue Model

Company Description

Seazen Group Limited, together with its subsidiaries, engages in the investment, development, and sale of properties in the People's Republic of China. It primarily develops and sells residential properties and mixed-use complexes, as well as provides commercial property management and other services. As of December 31, 2021, the company had total land bank of approximately 138 million square meters. It also provides asset operation and management, information technology, and children entertainment, and cinema management services. In addition, the company offers securities and future brokerage, and money lending services, as well as dealing and advising services of securities. Further, it provides architecture designing services; and designs, manufactures, and sells auto parts. The company was formerly known as Future Land Development Holdings Limited and changed its name to Seazen Group Limited in November 2019. The company was founded in 1996 and is headquartered in Shanghai, the People's Republic of China. Seazen Group Limited is a subsidiary of Wealth Zone Hong Kong Investments Limited.

How the Company Makes Money

Seazen Group generates revenue primarily through the sale of residential properties, which constitutes its main revenue stream. The company develops and sells apartments, villas, and other residential units, often pre-selling properties before construction is completed. Additionally, Seazen derives income from its commercial and mixed-use developments, as well as from property management services. Significant partnerships with local governments and investment in land acquisition further enhance its ability to develop and deliver projects. The company may also benefit from financing through pre-sales and bank loans, which allows for cash flow management and expansion of its development projects.

Seazen Group Ltd. Financial Statement Overview

Summary

Seazen Group Ltd. faces substantial financial challenges, with declining revenues and profitability, high leverage, and inconsistent cash flow generation. Despite some stability in equity levels, the overall financial position is strained.

Income Statement

The income statement reveals a challenging financial trajectory with a significant decrease in total revenue over recent periods. Gross and net profit margins have declined, showing pressure on profitability. The EBIT and EBITDA margins have also reduced, indicating operational challenges. Revenue growth has been negative, highlighting a contraction in business activity.

Balance Sheet

The balance sheet shows a high level of debt compared to equity, with a debt-to-equity ratio increasing over time, which raises concerns about financial leverage. The equity ratio is relatively low, indicating heavy reliance on debt financing. However, the company has managed to maintain a stable level of stockholders' equity, providing some financial stability.

Cash Flow

The cash flow analysis indicates significant volatility, with negative operating cash flow observed in some periods. Free cash flow has also been inconsistent, highlighting potential liquidity issues. The lack of free cash flow growth further underscores the company's challenges in generating cash from its operations.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	77.40B	89.23B	119.46B	116.54B	169.54B	146.12B
Gross Profit	13.56B	14.98B	16.17B	17.37B	29.93B	32.79B
EBITDA	6.69B	7.03B	7.83B	5.64B	17.88B	22.23B
Net Income	223.62M	491.31M	879.30M	280.67M	8.59B	10.18B
Balance Sheet
Total Assets	291.12B	309.12B	377.09B	463.47B	540.11B	544.49B
Cash, Cash Equivalents and Short-Term Investments	7.74B	7.47B	13.81B	24.13B	48.84B	61.29B
Total Debt	59.34B	59.06B	64.55B	80.22B	104.93B	105.40B
Total Liabilities	206.25B	222.34B	286.58B	370.46B	442.69B	463.02B
Stockholders Equity	46.96B	46.35B	45.87B	44.75B	42.16B	35.77B
Cash Flow
Free Cash Flow	-6.77B	-2.69B	5.72B	6.31B	14.13B	-7.83B
Operating Cash Flow	-6.76B	-2.64B	6.00B	7.46B	15.60B	-6.63B
Investing Cash Flow	4.00B	2.51B	3.66B	-218.47M	-21.72B	-17.54B
Financing Cash Flow	-2.09B	-6.13B	-18.88B	-31.47B	-6.12B	23.65B

Seazen Group Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.61
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1030, the sentiment is Positive. The current price of 2.61 is above the 20-day moving average (MA) of 2.25, above the 50-day MA of 2.18, and above the 200-day MA of 2.28, indicating a bullish trend. The MACD of 0.09 indicates Negative momentum. The RSI at 73.68 is Negative, neither overbought nor oversold. The STOCH value of 89.07 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1030.

Seazen Group Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
0754	61 Neutral	HK$13.20B	-4.91	-2.93%	―	-11.68%	-3002.05%
0817	50 Neutral	HK$23.38B	45.29	1.20%	2.46%	-8.18%	―
1030	46 Neutral	HK$18.37B	78.14	0.46%	―	-30.32%	―
9993	40 Underperform	HK$7.36B	-0.93	-40.14%	―	-54.25%	-134.22%
2007	39 Underperform	HK$11.53B	-0.19	―	―	-19.37%	72.77%

Seazen Group Ltd. Corporate Events

Seazen Group Sells Two Subsidiaries in HK$88 Million Connected Transactions

Seazen Group’s wholly owned subsidiary SRCIM has agreed to dispose of its entire equity interests in two subsidiaries, Target Company A and Target Company B, to a purchaser for total consideration of HK$88.05 million, with HK$25.23 million allocated to Target Company A and HK$62.82 million to Target Company B. Following completion, the two target companies will cease to be consolidated into Seazen’s financial statements, and the transactions, conducted with a connected party linked to the controlling shareholder’s family, are classified as connected transactions under Hong Kong listing rules; they trigger reporting and announcement requirements but are exempt from independent shareholders’ approval, reflecting routine balance sheet and related-party management within the group’s broader restructuring and capital allocation efforts.

The most recent analyst rating on (HK:1030) stock is a Sell with a HK$2.00 price target. To see the full list of analyst forecasts on Seazen Group Ltd. stock, see the HK:1030 Stock Forecast page.

Seazen Group Posts RMB14 Billion in 2025 Commercial Operating Income and RMB19.3 Billion in Contracted Sales

Seazen Group Limited reported unaudited operating statistics for December and full year 2025, disclosing that it managed 179 properties for lease with a total gross floor area of about 16.52 million sq m. December rental income reached roughly RMB1.155 billion, while commercial operating income, including tax, was about RMB1.238 billion; for January to December 2025, aggregate rental income was approximately RMB13.146 billion and commercial operating income totaled around RMB14.090 billion. On the development side, the group recorded contracted sales of about RMB1.354 billion on 184,300 sq m in December, bringing full-year 2025 contracted sales to roughly RMB19.270 billion on 2.54 million sq m of sold area. Management emphasized that these figures are preliminary and unaudited, signaling that investors should treat them as indicative operational metrics rather than final financial results, but the data nonetheless underline the scale of Seazen’s leasing platform and ongoing property sales amid a challenging Chinese real estate environment.

The most recent analyst rating on (HK:1030) stock is a Sell with a HK$1.80 price target. To see the full list of analyst forecasts on Seazen Group Ltd. stock, see the HK:1030 Stock Forecast page.

Seazen Group Ltd. Announces New Lease Agreement Following Mitaki Culture Disposal

Seazen Group Ltd., a company incorporated in the Cayman Islands, has announced the termination of its existing Lease Service Framework Agreement with Mitaki Culture due to Mitaki Culture’s disposal of its equity interests in Mitaki Cultural Development. Following this disposal, Mitaki Cultural Development, now a subsidiary of China Next-Gen, will continue to operate the ‘Mitaki’ branded stores and has entered into a new Lease Service Framework Agreement with Seazen Holdings. This new agreement ensures the continuation of leasing and property management services for Mitaki Cultural Development, reflecting Seazen’s ongoing strategic partnerships and operational adjustments in response to market changes.

The most recent analyst rating on (HK:1030) stock is a Buy with a HK$3.30 price target. To see the full list of analyst forecasts on Seazen Group Ltd. stock, see the HK:1030 Stock Forecast page.

Seazen Group Reports Strong November 2025 Operating Results

Seazen Group Limited reported its unaudited operating statistics for November 2025, highlighting significant rental and commercial operating income. The company achieved a rental income of approximately RMB1.078 billion and a commercial operating income of RMB1.155 billion for the month. Additionally, the contracted sales for November reached RMB1.448 billion, with a sales area of 200,900 sq.m. From January to November 2025, the aggregated rental income was RMB11.990 billion, and the contracted sales amounted to RMB17.917 billion. These figures reflect the company’s robust performance in the property market, although they are preliminary and subject to change in future audited reports.

The most recent analyst rating on (HK:1030) stock is a Buy with a HK$3.30 price target. To see the full list of analyst forecasts on Seazen Group Ltd. stock, see the HK:1030 Stock Forecast page.

Seazen Group Reports Strong Sales and Rental Income in October 2025

In October 2025, Seazen Group Limited reported contracted sales of approximately RMB1.419 billion and a sales area of about 191,500 sq.m. For the year up to October, the company achieved aggregated contracted sales of RMB16.468 billion over an area of 2,150,600 sq.m. Additionally, the Group’s rental income for October was RMB1.106 billion, with commercial operating income reaching RMB1.186 billion. These figures are based on preliminary internal data and may differ from future audited reports, advising caution for investors.

The most recent analyst rating on (HK:1030) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Seazen Group Ltd. stock, see the HK:1030 Stock Forecast page.