KWG Group Holdings (1813) AI Stock Analysis

• Market Cap: HK$649.12M
• Dividend Yield: N/A
• Average Volume (3M): 1.24M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.46
• Revenue Growth: -29.26%
• EPS Growth: 88.87%
• Country: HK
• Employees: 1,800
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): -0.68
• Shares Outstanding: 3,418,884,000
• 10 Day Avg. Volume: 756,461
• 30 Day Avg. Volume: 1,238,692
• PEG Ratio: <0.01
• Price to Book (P/B): 0.32
• Price to Sales (P/S): 0.12
• P/FCF Ratio: 0.77
• 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): -0.1
• Revenue Forecast (FY): HK$10.36B

• Rating: 44 Neutral
• Price Target: HK$0.23 ▲(42.50% Upside)
• Action: Reiterated Date: 01/31/26
• Date: Action: Reiterated 01/31/26

The score is primarily held down by very weak financial fundamentals (loss-making operations, heavy leverage, and poor cash generation). Technicals are comparatively supportive with price above major moving averages and positive MACD, but overbought signals temper that support. Valuation remains unattractive/unclear due to negative earnings and no dividend data.

Positive Factors

Sustainable Development Focus

The company's focus on sustainable development and innovative design can enhance its market appeal and align with growing environmental regulations, potentially leading to long-term competitive advantages.

Partnerships and Collaborations

Strategic partnerships and collaborations enhance operational efficiency and secure prime locations, supporting long-term growth and revenue potential.

Diverse Revenue Streams

Diverse revenue streams from sales, leasing, and management services provide a balanced income mix, reducing reliance on any single source and supporting financial resilience.

Negative Factors

Declining Revenue

Significant revenue decline indicates challenges in maintaining market share and competitiveness, potentially impacting long-term financial health.

High Debt Levels

High debt levels increase financial risk and limit flexibility, potentially affecting the company’s ability to invest in growth and manage economic downturns.

Negative Cash Flow

Negative cash flow indicates liquidity issues, challenging the company's ability to fund operations and growth initiatives without external financing.

KWG Group Holdings Business Overview & Revenue Model

Company Description

KWG Group Holdings Limited, together with its subsidiaries, engages in the property investment and development and hotel operations business. Its property portfolio includes mid- to high-end residential properties, serviced apartments, villas, offices, hotels, and shopping malls. The company was formerly known as KWG Property Holding Limited and changed its name to KWG Group Holdings Limited in August 2018. KWG Group Holdings Limited was founded in 1995 and is headquartered in Guangzhou, the People's Republic of China.

How the Company Makes Money

KWG Group Holdings generates revenue mainly through the sale of properties, which includes residential units and commercial spaces developed under its various projects. Additionally, the company earns income from leasing its commercial properties, providing a steady revenue stream through rental income. The company also engages in property management services, which contribute to its earnings. Significant partnerships with local governments and collaborations with construction firms enhance its operational efficiency and help secure prime development locations, further bolstering its revenue potential.

KWG Group Holdings Financial Statement Overview

Summary

Income statement, balance sheet, and cash flow signals are very weak: declining revenue, negative margins and profitability, high leverage with shrinking equity, and negative free cash flow/weak operating cash generation, raising material solvency and liquidity risk.

Income Statement

The income statement reveals significant challenges, with declining revenue and profitability over the years. The gross profit margin and net profit margin have turned negative, reflecting substantial inefficiencies and losses. Revenue has decreased from previous periods, and EBIT and EBITDA margins are also deeply negative, indicating operational difficulties.

Balance Sheet

The balance sheet shows financial strain, with a very high debt-to-equity ratio due to shrinking equity and high debt levels. The equity ratio has substantially decreased, indicating a high reliance on debt financing. Return on equity is negative, highlighting the company's unprofitability.

Cash Flow

Cash flow analysis indicates severe issues, with free cash flow turning negative and no positive operating cash flow in the latest period. The company struggles to generate cash from operations, posing liquidity risks. The free cash flow to net income ratio is unfavorable, reflecting cash flow challenges.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.58B	11.06B	15.81B	13.45B	23.84B	29.74B
Gross Profit	1.63B	1.89B	-2.64B	-2.10B	5.05B	9.36B
EBITDA	1.77B	-4.53B	-14.42B	-10.18B	1.27B	11.39B
Net Income	-6.03B	-8.09B	-18.73B	-9.24B	2.42B	6.68B
Balance Sheet
Total Assets	151.04B	153.34B	167.47B	199.88B	232.25B	232.20B
Cash, Cash Equivalents and Short-Term Investments	837.32M	787.45M	10.78B	21.48B	38.37B	40.64B
Total Debt	72.92B	73.01B	73.91B	76.29B	78.16B	79.64B
Total Liabilities	143.53B	144.20B	149.39B	159.68B	172.55B	178.28B
Stockholders Equity	2.49B	4.00B	12.73B	31.50B	44.32B	43.53B
Cash Flow
Free Cash Flow	1.09B	1.66B	985.27M	10.04B	-1.93B	-937.41M
Operating Cash Flow	1.31B	1.93B	1.07B	11.23B	-21.82M	1.13B
Investing Cash Flow	-41.62M	-55.02M	1.81B	-2.81B	-34.09B	-3.74B
Financing Cash Flow	-1.81B	-2.51B	-5.46B	-12.83B	1.23B	-7.81B

KWG Group Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.16
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1813, the sentiment is Negative. The current price of 0.16 is below the 20-day moving average (MA) of 0.21, below the 50-day MA of 0.18, and below the 200-day MA of 0.26, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 47.19 is Neutral, neither overbought nor oversold. The STOCH value of 14.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1813.

KWG Group Holdings 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%
1321	61 Neutral	HK$1.29B	14.26	1.84%	―	-54.44%	120.18%
0230	46 Neutral	HK$3.35B	-1.09	-114.48%	―	-26.58%	-40.96%
1813	44 Neutral	HK$649.12M	-0.32	-55.49%	―	-29.26%	88.87%
1238	43 Neutral	HK$1.04B	-0.17	-17.55%	―	-11.33%	-7.70%
1668	41 Neutral	HK$1.22B	-0.14	―	―	―	―
1638	39 Underperform	HK$855.40M	-0.02	―	―	-45.46%	-33.35%

KWG Group Holdings Corporate Events

KWG Group Delays Dispatch of Circular on Connected Transactions to February

KWG Group Holdings has announced a further delay in sending a shareholder circular related to the renewal of its continuing connected transactions, which are governed by a series of non-exempt agreements requiring independent shareholder approval. The circular, originally expected by 23 January 2026, will now be dispatched on or before 13 February 2026 to allow more time to finalise certain information, postponing the provision of detailed disclosures, independent board and financial adviser recommendations, and the formal notice of an extraordinary general meeting, and thereby slightly extending the timeline for shareholder consideration and approval of these connected transactions.

The most recent analyst rating on (HK:1813) stock is a Hold with a HK$0.23 price target. To see the full list of analyst forecasts on KWG Group Holdings stock, see the HK:1813 Stock Forecast page.

KWG Group’s December 2025 Pre-Sales Plunge as Area and Value Drop Sharply

KWG Group Holdings reported unaudited pre-sales of RMB420 million for December 2025, a sharp 56.7% year-on-year decline, with contracted pre-sales area falling 71.1% to approximately 14,600 square meters, underscoring continued pressure on its sales performance amid a challenging Chinese property market. The company emphasized that these figures are preliminary, unaudited internal data that may differ from upcoming financial statements, and it urged investors to exercise caution when relying on the disclosed statistics in making investment decisions.

The most recent analyst rating on (HK:1813) stock is a Sell with a HK$0.16 price target. To see the full list of analyst forecasts on KWG Group Holdings stock, see the HK:1813 Stock Forecast page.

KWG Group Delays Shareholder Circular on Continuing Connected Transactions

KWG Group Holdings Limited has announced a delay in the despatch of a shareholder circular relating to the renewal of its continuing connected transactions. The circular, which was originally expected to be sent on or before 6 January 2026 and will include details of non-exempt agreements, independent board and financial adviser recommendations, and the notice of an extraordinary general meeting, is now anticipated to be issued on or before 23 January 2026 due to the need for additional time to finalise certain information, potentially shifting the timetable for shareholder review and approval of these related-party arrangements.

The most recent analyst rating on (HK:1813) stock is a Sell with a HK$0.16 price target. To see the full list of analyst forecasts on KWG Group Holdings stock, see the HK:1813 Stock Forecast page.

KWG Group Holdings Reports Decline in November 2025 Pre-Sales

KWG Group Holdings Limited reported a decrease in its pre-sales value and area for November 2025, with a 21.4% drop in pre-sales value and a 12.8% decline in pre-sales area compared to the previous year. These figures, although unaudited, indicate a challenging market environment for the company, potentially impacting its financial performance and market positioning.

The most recent analyst rating on (HK:1813) stock is a Sell with a HK$0.16 price target. To see the full list of analyst forecasts on KWG Group Holdings stock, see the HK:1813 Stock Forecast page.

KWG Group Renews Key Framework Agreements with KWG Living

KWG Group Holdings Limited has announced the renewal of several framework agreements with KWG Living, effective from January 1, 2026, to December 31, 2028. These agreements, which include property lease, publicity planning, and property management services, are categorized into partial-exempt and non-exempt agreements based on their financial implications. The renewal ensures the continuation of connected transactions crucial for the company’s operations, subject to specific reporting and approval requirements under Hong Kong’s Listing Rules.

The most recent analyst rating on (HK:1813) stock is a Sell with a HK$0.16 price target. To see the full list of analyst forecasts on KWG Group Holdings stock, see the HK:1813 Stock Forecast page.

KWG Group Holdings Announces Adjournment of Winding-Up Petition Hearing

KWG Group Holdings Limited, a company incorporated in the Cayman Islands, has announced a further adjournment of its winding-up petition hearing by the High Court to March 9, 2026. The company advises shareholders and investors to exercise caution in dealing with its securities and to seek professional advice if needed.

The most recent analyst rating on (HK:1813) stock is a Sell with a HK$0.16 price target. To see the full list of analyst forecasts on KWG Group Holdings stock, see the HK:1813 Stock Forecast page.

KWG Group Holdings Adjourns Winding-Up Petition Hearing

KWG Group Holdings Limited announced the adjournment of a winding-up petition hearing to 8 December 2025, following a session before the High Court of Hong Kong. The company advises shareholders and investors to exercise caution when dealing with its securities, highlighting the ongoing legal proceedings’ potential impact on its operations and market perception.

The most recent analyst rating on (HK:1813) stock is a Hold with a HK$0.22 price target. To see the full list of analyst forecasts on KWG Group Holdings stock, see the HK:1813 Stock Forecast page.

KWG Group Reports Decline in October 2025 Pre-Sales

KWG Group Holdings Limited announced its unaudited operating statistics for October 2025, revealing a pre-sales value of RMB621 million, which marks a 26.7% decrease compared to the previous year. The pre-sales area also saw a decline of 26.2%, amounting to approximately 31,000 square meters. These figures are preliminary and subject to change, highlighting a challenging period for the company and advising investors to exercise caution.

The most recent analyst rating on (HK:1813) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on KWG Group Holdings stock, see the HK:1813 Stock Forecast page.