Glory Sun Financial Group Limited (1282) AI Stock Analysis

• Market Cap: HK$500.00M
• Dividend Yield: N/A
• Average Volume (3M): 1.62M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.72
• Revenue Growth: 55.27%
• EPS Growth: 68.84%
• Country: HK
• Employees: 270
• Sector: Financial
• Sector Strength: 70
• Industry: Conglomerates
• EPS (TTM): -0.02
• Shares Outstanding: 5,000,000,000
• 10 Day Avg. Volume: 942,010
• 30 Day Avg. Volume: 1,615,976
• PEG Ratio: <0.01
• Price to Book (P/B): 0.06
• Price to Sales (P/S): 0.26
• P/FCF Ratio: -1.23
• 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: 41 Neutral
• Price Target: HK$0.09 ▼(-25.00% Downside)

The score is driven down primarily by weak financial performance (ongoing losses and zero operating/free cash flow in 2024). Technicals also weigh heavily, with price below key moving averages and negative momentum indicators. Valuation offers limited support because the company is loss-making (negative P/E) and no dividend yield is available.

Positive Factors

Moderate leverage

A debt-to-equity of 0.32 and a ~51% equity ratio indicate a moderate leverage profile and a balanced asset structure. This supports financial flexibility, limits interest burden versus higher-leverage peers, and preserves capacity to pursue strategic opportunities or absorb shocks over the medium term.

Revenue rebound & positive gross margin

A sharp revenue rebound (+54% YoY) alongside an 18.5% gross margin shows underlying service demand and the ability to generate operating profit before overheads. If management sustains this top-line recovery and controls expenses, the company can leverage margins to restore net profitability over several quarters.

Diversified financial-services model

The group's multi-subsidiary model across brokerage, margin financing, underwriting and advisory creates multiple fee and interest income streams. That structural diversity reduces dependence on a single product cycle and aligns with durable demand in Hong Kong capital markets and wealth services.

Negative Factors

Persistent net losses

Sustained negative net margins and multi-year profitability shortfalls erode retained earnings and constrain reinvestment. Persistent losses increase reliance on external funding, undermine creditworthiness, and make it harder to finance growth or withstand market downturns without a clear, credible turnaround plan.

Zero operating cash flow

A lack of operating and free cash flow in 2024 is a structural concern: it limits the company's ability to fund working capital, service obligations, or invest in growth internally. Over months this heightens refinancing risk and forces dependence on external capital or asset sales to sustain operations.

Shrinking asset base

A declining asset and liability base reduces scale and revenue-generating capacity, weakening competitive position in financial services where scale matters for trading, underwriting and financing. Without strategic action, shrinkage can exacerbate margin pressure and hinder long-term growth prospects.

Glory Sun Financial Group Limited Business Overview & Revenue Model

Company Description

Glory Sun Financial Group Limited engages in property investment and development business. The company operates through Automation, Financial Services, Property Investment and Development, and Securities Investment segments. It is involved in investing in property development and investment, new energy, technology, and healthcare industries; and automation and securities investment businesses. The company also offers financial services, including wealth management, asset management, global securities and futures, corporate finance, precious metals trading, financial planning and credit, private fund, finance leasing, etc. In addition, it produces SMT assembly and semiconductor packaging equipment and other services. Further, the company provides bullion trading, money lending, securities brokerage, insurance, corporate management consultancy, and finance leasing, as well as trades in machines and spare parts. The company was formerly known as China Goldjoy Group Limited and changed its name to Glory Sun Financial Group Limited in May 2019. Glory Sun Financial Group Limited was founded in 2009 and is headquartered in Central, Hong Kong.

How the Company Makes Money

The company generates revenue through multiple streams, primarily from fees associated with asset management services, commissions on securities trading, and advisory fees from investment consultations. Glory Sun Financial Group also earns income from proprietary trading activities and financial instruments. Additionally, strategic partnerships with financial institutions and participation in joint ventures further bolster its revenue prospects, allowing for an expanded reach in the market and enhanced service offerings.

Glory Sun Financial Group Limited Financial Statement Overview

Summary

Financial health is weak: income statement shows multi-year profitability challenges with negative net margin (-19.87% in 2024) despite a rebound in revenue (+54.39% YoY). Balance sheet leverage is moderate (debt-to-equity 0.32; equity ratio 51.30%), but cash flow is a major concern with zero operating and free cash flow in 2024.

Income Statement

Glory Sun Financial Group Limited has experienced significant revenue volatility, with a peak in 2019 followed by a substantial decline through 2024. The company reported negative EBIT and net income in several years, indicating consistent profitability challenges. While gross profit margin in 2024 was positive at 18.51%, the net profit margin was negative at -19.87%, reflecting ongoing losses. The revenue growth from 2023 to 2024 was strong at 54.39%, but it follows a period of declines, and overall profitability remains weak.

Balance Sheet

The balance sheet shows a relatively stable stockholders' equity over the years, though it has decreased slightly from 2020. The debt-to-equity ratio is 0.32 in 2024, reflecting a moderate level of leverage. The equity ratio stands at 51.30%, indicating a balanced asset structure. However, the historical trend of shrinking assets and liabilities suggests a need for strategic adjustments to strengthen the balance sheet.

Cash Flow

Cash flow analysis reveals struggles in maintaining consistent free cash flow generation. The company had a high free cash flow in 2021 but reported zero operating and free cash flow in 2024. The lack of operating cash flow in 2024 is concerning, as it limits financial flexibility and indicates potential liquidity issues.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.22B	1.14B	740.27M	811.39M	2.61B	1.57B
Gross Profit	242.02M	211.51M	138.58M	182.18M	432.79M	338.08M
EBITDA	-68.56M	-234.75M	235.65M	-253.99M	-290.19M	-121.06M
Net Income	-195.12M	-227.17M	102.50M	-551.52M	-188.96M	-217.25M
Balance Sheet
Total Assets	10.17B	9.93B	11.64B	7.94B	9.88B	33.12B
Cash, Cash Equivalents and Short-Term Investments	1.23B	976.06M	704.10M	634.08M	1.09B	2.88B
Total Debt	1.79B	1.61B	1.73B	1.41B	2.06B	13.51B
Total Liabilities	4.53B	4.34B	4.54B	2.83B	3.55B	22.26B
Stockholders Equity	5.13B	5.09B	5.08B	4.80B	5.94B	7.97B
Cash Flow
Free Cash Flow	-286.39M	-245.98M	142.34M	586.29M	915.73M	-3.23B
Operating Cash Flow	-281.14M	-233.98M	144.36M	598.04M	951.79M	-3.18B
Investing Cash Flow	234.14M	528.76M	-661.13M	-158.70M	401.48M	245.31M
Financing Cash Flow	294.07M	-211.36M	661.07M	-616.40M	-3.07B	2.35B

Glory Sun Financial Group Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.12
• 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:1282, the sentiment is Negative. The current price of 0.12 is above the 20-day moving average (MA) of 0.10, above the 50-day MA of 0.12, and below the 200-day MA of 0.13, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.64 is Neutral, neither overbought nor oversold. The STOCH value of 40.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1282.

Glory Sun Financial Group Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
1222	49 Neutral	HK$298.80M	-0.25	-30.56%	―	30.86%	-67.89%
1094	49 Neutral	HK$177.75M	-1.11	-58.89%	―	-92.58%	-44916.67%
0138	46 Neutral	HK$108.78M	-0.25	-65.19%	―	-19.75%	31.54%
1468	45 Neutral	HK$180.63M	-0.85	-18.50%	―	-19.10%	83.61%
2322	45 Neutral	HK$517.21M	-5.88	-12.32%	―	-26.45%	33.00%
1282	41 Neutral	HK$500.00M	-1.37	-4.03%	―	55.27%	68.84%

Glory Sun Financial Group Limited Corporate Events

Renze Harvest Completes Successful Share Placing, Welcomes New Major Shareholder

Renze Harvest International Limited, listed on the Hong Kong Stock Exchange, has successfully completed the placing of 2.32 billion new shares under a specific mandate. The placing, which raised approximately HK$293.7 million, resulted in Sun Rock Ventures Limited becoming a substantial shareholder, indicating confidence in the company’s future prospects.