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Raffles Interior Ltd.
(1376)
Raffles Interior Ltd. (1376) vs. iShares MSCI Hong Kong ETF (EWH)
Raffles Interior Ltd. Business Overview & Revenue Model
Raffles Interior Ltd. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 62.83M | 47.12M | 91.18M | 66.49M | 79.58M | 64.22M |
| Gross Profit | 14.78M | 12.59M | 11.49M | 7.73M | 6.38M | -2.58M |
| EBITDA | 6.45M | 2.02M | 2.32M | -25.00K | -1.52M | -12.89M |
| Net Income | -1.06M | -4.15M | 1.40M | -1.36M | -1.12M | -15.95M |
Balance Sheet | ||||||
| Total Assets | 49.44M | 38.64M | 44.22M | 41.47M | 57.60M | 64.34M |
| Cash, Cash Equivalents and Short-Term Investments | 6.47M | 15.80M | 17.19M | 4.77M | 11.58M | 19.23M |
| Total Debt | 8.84M | 11.13M | 2.00M | 7.44M | 12.54M | 14.92M |
| Total Liabilities | 37.74M | 30.42M | 31.86M | 30.50M | 45.25M | 50.87M |
| Stockholders Equity | 11.71M | 8.22M | 12.36M | 10.97M | 12.35M | 13.47M |
Cash Flow | ||||||
| Free Cash Flow | -8.63M | 446.00K | 18.71M | -825.00K | -5.05M | -4.42M |
| Operating Cash Flow | -8.16M | 2.29M | 18.76M | -712.00K | -4.94M | -3.85M |
| Investing Cash Flow | -453.00K | -1.98M | -52.00K | -113.00K | 1.37M | -6.77M |
| Financing Cash Flow | -715.00K | -1.49M | -5.77M | -5.78M | -2.85M | 25.05M |
Raffles Interior Ltd. Technical Analysis
Raffles Interior Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | HK$178.00M | -28.71 | 29.87% | ― | 1.93% | -158.33% | |
48 Neutral | HK$100.80M | -8.68 | -601.82% | ― | 4.00% | 13.57% | |
46 Neutral | HK$142.80M | -5.15 | -57.83% | ― | -3.47% | -57.53% | |
46 Neutral | HK$102.93M | -13.40 | -5.93% | ― | 50.50% | 27.48% | |
46 Neutral | HK$233.42M | -6.12 | ― | ― | -24.93% | -72.69% | |
41 Neutral | HK$24.55M | -4.54 | -19.25% | ― | 46.11% | 54.20% |
Raffles Interior Ltd. Corporate Events
Raffles Interior Limited has called an extraordinary general meeting to be held on 20 January 2026 in Singapore to vote on significant changes to its board composition. Shareholders will consider resolutions to remove four current directors, including executive, non-executive, and independent non-executive directors, as well as any directors appointed between the notice date and the meeting date who are not being proposed for appointment at the meeting. In their place, the company is proposing to appoint two new executive directors and three new independent non-executive directors, and to authorize the board to fix directors’ remuneration. The extensive reshuffle signals a major governance reconfiguration that could reshape the company’s strategic direction, with the outcome to be determined by shareholder votes conducted by poll in accordance with Hong Kong listing requirements.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited has called an extraordinary general meeting (EGM) for 20 January 2026 to consider a shareholder-driven overhaul of its board, including the potential removal of multiple existing executive, non-executive and independent non-executive directors and the appointment of a new slate of executive and independent non-executive directors. The company will close its register of members from 15 to 20 January 2026 to determine shareholders eligible to attend and vote, signaling a significant governance reshuffle that could alter the company’s leadership structure and strategic direction, with key board positions potentially changing hands if the resolutions are approved.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.08 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited has received a second requisition notice from shareholder Han Vision Holding Limited, again demanding that the board convene an extraordinary general meeting to vote on resolutions aimed at removing certain existing directors and appointing new ones. The board notes the second notice contains the same proposed resolutions as the earlier requisition and says it is proceeding to arrange a single extraordinary general meeting to address the shareholder’s demands. Separately, controlling shareholder and director Zheng Nenghuan has filed originating summons proceedings in the Cayman Islands seeking extensive disclosure of board papers, announcements, legal claims, financial records and contracts from 10 September 2024 onward, arguing that such information is necessary for him to fulfil his duties as a director and asking the court to order the company to cover his costs. The moves underscore a deepening governance dispute within the company and introduce legal uncertainty that could affect board dynamics, ongoing investigations by an independent board committee, and overall management stability for investors and other stakeholders.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.08 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Ltd. has announced updates regarding its Independent Board Committee’s investigation into conduct by a senior executive, Mr. Zheng Nenghuan, who is temporarily suspended from his duties. The investigation reveals potential unauthorized actions, governance concerns, and failure to declare interests, which may impact the company’s governance structure and stakeholder trust.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited has announced the establishment of an Independent Board Committee to investigate complaints and inquiries from its external auditors and the Hong Kong Stock Exchange. The committee, composed of independent non-executive directors, aims to address allegations of unauthorized actions by company officers and identify internal control and governance issues, ensuring minimal disruption to external audits.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Ltd. has received a requisition from its major shareholder, Han Vision Holding Limited, to convene an extraordinary general meeting to consider the removal of certain existing directors and the appointment of new directors. This move, driven by a shareholder holding 51% of the company’s shares, signifies a significant shift in the company’s governance structure, potentially impacting its strategic direction and operations.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited has announced the resignation of Mr. Tan Chong Huat from his role as an independent non-executive director, chairman of the nomination committee, and member of both the audit and remuneration committees. This resignation has led to a temporary breach of Hong Kong Stock Exchange listing rules regarding committee composition, prompting the company to seek suitable replacements within three months to comply with the regulations.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited has announced the composition of its board of directors and the roles within its committees. The board includes executive directors, a non-executive director, and independent non-executive directors, with specific members assigned to the audit, remuneration, and nomination committees. This announcement clarifies the governance structure, potentially impacting the company’s strategic direction and stakeholder confidence.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Ltd. has announced the receipt of a complaint letter questioning the suitability of its Chairman, Mr. Zheng Nenghuan, to act as a director. The complaint, filed by an anonymous minority shareholder, highlights multiple ongoing litigations involving Mr. Zheng, including financial loan disputes and other legal issues, which could potentially impact the company’s reputation and governance. The Board is reviewing the allegations and has raised inquiries with Mr. Zheng regarding the non-disclosure of these litigations.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.12 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited has announced a trading halt on its shares on the Hong Kong Stock Exchange as of November 25, 2025. The halt is due to internal investigations involving the formation of an investigation board committee and the engagement of external forensic experts. Additionally, the company’s controlling shareholder and Chairman has requested the removal of all other directors, which the Board views as retaliatory. The Board is considering its next steps to protect shareholder interests and will provide further updates.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited, a company listed on the Stock Exchange of Hong Kong, has announced a trading halt in its shares as of November 25, 2025. This decision follows the company’s move to form an investigation board committee and engage an external forensic expert to conduct an internal investigation, which involves inside information. This development could have significant implications for the company’s operations and stakeholders.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited has received a letter from its external auditors highlighting serious allegations against its Chairman, Mr. Zheng Nenghuan, regarding an unauthorized acquisition. These allegations pose significant risks to the company’s financial reporting and governance, necessitating immediate action from the Board and Audit Committee. The company is considering internal and external investigations to address these concerns and ensure compliance with financial reporting requirements.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Ltd. has received a complaint letter alleging a conspiracy to defraud the company and its minority shareholders, involving a land acquisition deal. The complaint suggests that the land’s value is significantly lower than the agreed contract price, raising concerns about potential financial misconduct by the company’s chairman. The board has decided not to proceed with the acquisition and is taking steps to ensure the agreement’s termination, advising shareholders to exercise caution.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited has announced the resignation of Mr. Tan Chong Huat, an independent non-executive director, and Ms. Cheong Kuei Jung, the chief financial officer. Mr. Tan’s resignation is effective from December 10, 2025, due to personal reasons, while Ms. Cheong will leave her position on February 4, 2026, citing the new leadership’s draconian approach as her reason for departure. The company is actively seeking replacements for these roles and will update stakeholders accordingly.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited has announced the receipt of a demand letter from an international law firm on behalf of a claimant concerning a deed of advisory service with the company’s chairman, Mr. Zheng Nenghuan. The letter outlines a potential transfer of Mr. Zheng’s controlling stake in the company if he fails to fulfill a payment obligation of HK$10 million. The board is investigating the matter and seeking legal advice, as the situation could impact the company’s operations and shareholder interests.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.
Raffles Interior Limited announced a clarification regarding a trading suspension that occurred without prior announcement due to a significant acquisition attempt by its new Chairman, Mr. Zheng Nenghuan. The acquisition involved purchasing a Hong Kong company with substantial assets in Shenzhen, but faced internal board disagreements over its feasibility and legality. The board ultimately decided not to proceed with the acquisition and has applied for the resumption of trading.
The most recent analyst rating on (HK:1376) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Raffles Interior Ltd. stock, see the HK:1376 Stock Forecast page.