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Raffles Interior Ltd. (HK:1376)
:1376
Hong Kong Market
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Raffles Interior Ltd. (1376) AI Stock Analysis

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HK:1376

Raffles Interior Ltd.

(1376)

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Neutral 43 (OpenAI - 4o)
Rating:43Neutral
Price Target:
HK$0.12
▼(-5.38% Downside)
Raffles Interior Ltd. receives a low overall stock score due to significant financial challenges, bearish technical indicators, and poor valuation metrics. The company's high leverage and inconsistent cash flow generation are major concerns, while the negative momentum and lack of profitability further diminish its investment appeal.
Positive Factors
Gross Profit Margin Improvement
The improvement in gross profit margin indicates better cost management, which can enhance profitability and provide a competitive edge in pricing.
Positive Cash Position
A positive cash position provides financial stability and flexibility, enabling the company to invest in growth opportunities and weather economic downturns.
Stable Operating Cash Flow
Stable operating cash flow indicates that the company's core operations are generating sufficient cash, supporting ongoing business activities and investments.
Negative Factors
High Leverage
High leverage increases financial risk, potentially limiting the company's ability to invest in growth and affecting its long-term financial stability.
Revenue Decline
Declining revenue can hinder growth prospects and reduce market competitiveness, impacting long-term business sustainability.
Negative Net Profit Margin
A negative net profit margin reflects challenges in achieving profitability, which can affect the company's ability to reinvest in its operations and sustain growth.

Raffles Interior Ltd. (1376) vs. iShares MSCI Hong Kong ETF (EWH)

Raffles Interior Ltd. Business Overview & Revenue Model

Company DescriptionRaffles Interior Ltd. (1376) is a prominent player in the interior design and furnishing sector, specializing in residential and commercial spaces. The company offers a wide range of services including space planning, interior design consultation, custom furniture design, and project management. With a focus on creating tailored environments that blend functionality and aesthetics, Raffles Interior Ltd. caters to a diverse clientele, from homeowners to corporate offices, ensuring high-quality design solutions that meet the specific needs of each project.
How the Company Makes MoneyRaffles Interior Ltd. generates revenue through multiple streams, primarily through project-based fees for interior design services and consultancy. The company charges clients for design consultations, which can include initial assessments and detailed design proposals. Additionally, Raffles Interior Ltd. profits from the sale of custom furniture and furnishings, often marked up from wholesale prices. A significant portion of their income also comes from long-term contracts with corporate clients, where they provide ongoing design and management services for office spaces. Partnerships with furniture manufacturers and suppliers enable the company to offer exclusive products, further enhancing its revenue potential. Seasonal promotions and marketing campaigns aimed at attracting new clients also contribute to the company's earnings.

Raffles Interior Ltd. Financial Statement Overview

Summary
Raffles Interior Ltd. faces significant financial challenges, with declining revenues and profitability issues. The high leverage and low equity ratio present financial stability risks. While the company has managed to maintain a positive cash position, the inconsistency in cash flow generation indicates underlying operational challenges.
Income Statement
45
Neutral
Raffles Interior Ltd. has experienced significant revenue volatility over the years, with a notable decline in 2024. The gross profit margin improved in 2024 to 26.7% from 12.6% in 2023, indicating better cost management. However, the net profit margin turned negative in 2024 at -8.8%, reflecting challenges in achieving profitability. The EBIT and EBITDA margins also show weak performance, highlighting operational inefficiencies.
Balance Sheet
55
Neutral
The company's balance sheet shows a high debt-to-equity ratio of 1.35 in 2024, indicating significant leverage which could pose financial risks. The equity ratio is relatively low at 21.3%, suggesting limited equity buffer. However, the company has managed to maintain a positive cash position, with cash and equivalents exceeding total debt, which provides some financial stability.
Cash Flow
50
Neutral
Raffles Interior Ltd. has shown inconsistent cash flow performance. The free cash flow in 2024 is positive but significantly lower than in 2023, indicating reduced cash generation capability. The operating cash flow to net income ratio is positive, suggesting that cash flows are more stable than accounting profits. However, the free cash flow to net income ratio is weak, reflecting challenges in converting profits into cash.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue62.83M47.12M91.18M66.49M79.58M64.22M
Gross Profit14.78M12.59M11.49M7.73M6.38M-2.58M
EBITDA6.45M2.02M2.32M-25.00K-1.52M-12.89M
Net Income-1.06M-4.15M1.40M-1.36M-1.12M-15.95M
Balance Sheet
Total Assets49.44M38.64M44.22M41.47M57.60M64.34M
Cash, Cash Equivalents and Short-Term Investments6.47M15.80M17.19M4.77M11.58M19.23M
Total Debt8.84M11.13M2.00M7.44M12.54M14.92M
Total Liabilities37.74M30.42M31.86M30.50M45.25M50.87M
Stockholders Equity11.71M8.22M12.36M10.97M12.35M13.47M
Cash Flow
Free Cash Flow-8.63M446.00K18.71M-825.00K-5.05M-4.42M
Operating Cash Flow-8.16M2.29M18.76M-712.00K-4.94M-3.85M
Investing Cash Flow-453.00K-1.98M-52.00K-113.00K1.37M-6.77M
Financing Cash Flow-715.00K-1.49M-5.77M-5.78M-2.85M25.05M

Raffles Interior Ltd. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.13
Price Trends
50DMA
0.26
Negative
100DMA
0.23
Negative
200DMA
0.15
Negative
Market Momentum
MACD
-0.04
Positive
RSI
22.62
Positive
STOCH
19.50
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1376, the sentiment is Negative. The current price of 0.13 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.26, and below the 200-day MA of 0.15, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 22.62 is Positive, neither overbought nor oversold. The STOCH value of 19.50 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1376.

Raffles Interior Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
63
Neutral
$10.79B15.437.44%2.01%2.89%-14.66%
49
Neutral
HK$97.98M-24.87-5.93%50.50%27.48%
46
Neutral
HK$197.82M-24.93%-72.69%
46
Neutral
HK$154.70M-48.06%-10.74%-81.54%
43
Neutral
HK$238.00M-38.3929.87%1.93%-158.33%
41
Neutral
HK$28.00M-3.75-41.70%12.59%
41
Neutral
HK$48.00M-3.09-601.82%4.00%13.57%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1376
Raffles Interior Ltd.
0.13
-0.05
-27.78%
HK:3893
CROSSTEC Group Holdings Ltd.
1.00
0.50
100.00%
HK:8040
Coolpoint Innonism Holding Limited
0.45
0.03
7.14%
HK:8173
Hephaestus Holdings Limited
0.13
-0.05
-27.78%
HK:8455
Lai Group Holding Co Ltd
0.05
0.02
125.00%
HK:8501
Sanbase Corporation Limited
0.49
0.21
75.00%

Raffles Interior Ltd. Corporate Events

Raffles Interior Clarifies Trading Suspension and Acquisition Attempt
Nov 10, 2025

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.

Raffles Interior’s Cash Offer by Han Vision Concludes with Minimal Uptake
Oct 2, 2025

Raffles Interior Limited, a company listed on the Hong Kong Stock Exchange, recently concluded a mandatory unconditional cash offer made by Han Vision Holdings Limited to acquire all issued shares and outstanding convertible notes not already owned by Han Vision. The offer closed on October 2, 2025, without any revisions or extensions. The results showed minimal acceptance, with only 456,000 shares tendered, representing a mere 0.046% of the company’s total issued share capital. Consequently, Han Vision’s stake in Raffles Interior increased slightly to 51.0%. The settlement process for the cash consideration is underway, with remittances expected to be dispatched by October 14, 2025.

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 Appoints New Executive Director and Chairman
Sep 10, 2025

Raffles Interior Limited has announced the appointment of Mr. Zheng Nenghuan as the new executive director and chairman of the board, effective September 10, 2025. Mr. Zheng, a seasoned entrepreneur with over 30 years of experience in corporate strategic development, is expected to bring significant expertise to the company, potentially enhancing its market position and operational capabilities. This leadership change reflects the company’s strategic direction towards innovation and growth in the high-technology and infrastructure sectors.

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. Announces Board Composition and Committee Roles
Sep 10, 2025

Raffles Interior Ltd. has announced the composition of its board of directors and the roles and functions of its board committees. The board includes executive, non-executive, and independent non-executive directors, with specific members assigned to the audit, remuneration, and nomination committees. This announcement is crucial for stakeholders as it outlines the governance structure and leadership roles within the company, potentially impacting its strategic direction and operational effectiveness.

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. Announces Dispatch of Composite Document for Cash Offers
Sep 9, 2025

Raffles Interior Ltd. and Han Vision Holdings Limited have jointly announced the dispatch of a composite document regarding mandatory unconditional cash offers by Get Nice Securities Limited. This document outlines the terms of the offers, recommendations, and advice for shareholders and note holders, marking a significant step in the acquisition process by Han Vision Holdings Limited.

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. Reports Strong Interim Results for 2025
Aug 29, 2025

Raffles Interior Ltd. announced its interim results for the six months ending June 30, 2025, showing a significant increase in revenue and profit from continuing operations compared to the same period in 2024. The company’s revenue rose to S$39,989,000 from S$23,423,000, and profit from continuing operations increased to S$3,487,000 from S$709,000, indicating strong operational performance and improved market positioning.

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 Delays Dispatch of Composite Document for Cash Offers
Aug 28, 2025

Raffles Interior Limited announced a delay in the dispatch of its Composite Document related to mandatory unconditional cash offers made by Han Vision Holdings Limited. The delay is due to the need for additional time to finalize certain information, with the new dispatch date set on or before September 11, 2025. This delay may impact the timeline for shareholders and note holders to receive and respond to the offers, potentially affecting the company’s acquisition process and market positioning.

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 Issues Positive Profit Alert for H1 2025
Aug 26, 2025

Raffles Interior Limited has issued a positive profit alert, anticipating a significant increase in net profit for the six months ending June 2025, compared to the same period in 2024. This expected growth is attributed to increased revenue, a fair value gain from remeasurement of convertible bonds, and the absence of losses from discontinued operations. However, the profit alert has not been reported in accordance with the Takeovers Code, and stakeholders are advised to exercise caution when assessing the company’s financial position.

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 22, 2025