tiprankstipranks
Trending News
More News >
Jingrui Holdings Ltd. (HK:1862)
:1862

Jingrui Holdings Ltd. (1862) AI Stock Analysis

Compare
1 Followers

Top Page

HK:1862

Jingrui Holdings Ltd.

(1862)

Select Model
Select Model
Select Model
Underperform 40 (OpenAI - 5.2)
Rating:40Underperform
Price Target:
HK$0.02
▼(-25.00% Downside)
The score is primarily held down by very weak financial performance—negative equity, deteriorating profitability, and absent operating/free cash flow in 2024. Technicals are mixed (price above moving averages but negative MACD and low Stochastic), while valuation is also pressured by losses (negative P/E) and no dividend yield support.
Positive Factors
Urban market focus
Concentration in major urban centers is a durable strategic advantage: these locations tend to sustain housing demand, provide deeper buyer pools and better resale liquidity, and facilitate land access and government partnerships that support long‑term project pipelines and revenue stability.
Diverse revenue streams
Having sales, pre-sales and leasing provides multiple cash and revenue channels. Pre-sales accelerate cash collection for project funding while leasing offers recurring income, together reducing single-cycle exposure and supporting more stable long-term cash generation if operations and occupancy are preserved.
Product and sustainability focus
An explicit emphasis on quality design and sustainable development supports regulatory approvals, brand differentiation and buyer preference over time. This structural positioning can improve project permitting, pricing power and long‑term demand resilience amid tightening environmental and urban planning standards.
Negative Factors
Negative shareholders' equity
Negative equity is a profound solvency signal that limits financing options, tightens covenant headroom and increases refinancing or restructuring risk. Over months this constrains capital for new projects, raises borrowing costs and forces strategic tradeoffs that can impair growth or asset realizations.
No operating or free cash flow
Absence of operating and free cash flow indicates inability to self-fund development and operations, heightening reliance on external financing or aggressive pre-sales. Persisting cash‑flow shortfalls threaten project completion, supplier relationships and long‑term viability unless structural cash generation is restored.
Declining revenue and negative gross profit
A revenue decline coupled with negative gross profit points to structural margin deterioration—either pricing pressure, rising costs, or execution failures. Over the medium term this erodes reinvestment capacity, undermines profitability recovery prospects and weakens credit metrics needed for stable operations.

Jingrui Holdings Ltd. (1862) vs. iShares MSCI Hong Kong ETF (EWH)

Jingrui Holdings Ltd. Business Overview & Revenue Model

Company DescriptionJingrui Holdings Limited, an investment holding company, engages in property development business in the People's Republic of China. It operates through Property Development Platform, Capital Platform, and All Other Platforms segments. The company develops residential and commercial properties. It also invests in office buildings and apartments; and provides management and security services to residential and commercial properties. In addition, the company is involved in building decoration engineering, urban infrastructure development, customized decoration, property land investment, hardware and building materials, and information technology businesses. Jingrui Holdings Limited was founded in 1993 and is headquartered in Shanghai, the People's Republic of China.
How the Company Makes MoneyJingrui Holdings generates revenue primarily through the sale of residential properties, including apartments and villas, as well as commercial real estate. The company earns income from pre-sales of properties, where customers pay upfront for units that are under construction. Additionally, Jingrui engages in property leasing, which contributes a steady stream of rental income. The company may also benefit from strategic partnerships with local governments and other businesses, facilitating land acquisition and development projects. Economic factors such as housing demand, regulatory policies, and market conditions also play a significant role in influencing its revenue streams.

Jingrui Holdings Ltd. Financial Statement Overview

Summary
Financial statements indicate severe stress: declining revenue, negative gross profit in 2024, deeply negative profitability metrics, negative shareholders’ equity (solvency risk), and no operating/free cash flow reported in 2024.
Income Statement
20
Very Negative
The company has shown a worrying trend in its income statement, with total revenue decreasing from 2022 to 2024. Gross profit margin has turned negative in 2024, indicating cost issues. Net profit margin is substantially negative, and both EBIT and EBITDA margins have deteriorated significantly. Revenue growth has been negative, showing a decline in business operations.
Balance Sheet
15
Very Negative
The balance sheet reveals a negative stockholders' equity in 2024, indicating severe financial distress. The debt-to-equity ratio is not meaningful due to negative equity, and total liabilities are significantly high compared to assets. The equity ratio has turned negative, highlighting the company's leveraged position and potential insolvency risk.
Cash Flow
5
Very Negative
The cash flow statement is concerning, with no operating or free cash flow reported in 2024, indicating cash management issues. The company has failed to generate positive cash flow from operations consistently, and there has been a lack of free cash flow growth, reflecting operational inefficiencies.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue4.03B5.91B7.29B7.91B13.55B12.78B
Gross Profit-462.90M-252.51M493.05M153.23M2.49B2.56B
EBITDA-2.03B-1.27B-175.41M-1.35B1.16B1.52B
Net Income-3.53B-3.00B-1.72B-4.27B127.54M958.09M
Balance Sheet
Total Assets28.38B30.62B39.51B47.11B63.25B68.32B
Cash, Cash Equivalents and Short-Term Investments514.75M734.32M961.49M1.46B3.20B12.07B
Total Debt16.55B16.67B16.90B19.65B23.24B24.16B
Total Liabilities29.80B29.93B35.30B40.71B52.01B57.02B
Stockholders Equity-4.87B-2.87B152.61M1.79B6.04B6.17B
Cash Flow
Free Cash Flow26.66M38.97M1.34B345.41M-4.85B-1.58B
Operating Cash Flow31.02M46.09M1.34B358.52M-4.84B-1.52B
Investing Cash Flow8.37M125.91M270.83M729.64M43.12M-661.42M
Financing Cash Flow-104.94M-288.76M-1.97B-2.63B-3.88B2.42B

Jingrui Holdings Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.02
Price Trends
50DMA
0.02
Positive
100DMA
0.01
Positive
200DMA
0.01
Positive
Market Momentum
MACD
<0.01
Negative
RSI
55.39
Neutral
STOCH
28.57
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1862, the sentiment is Positive. The current price of 0.02 is above the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.01, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 55.39 is Neutral, neither overbought nor oversold. The STOCH value of 28.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1862.

Jingrui Holdings Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
51
Neutral
HK$126.10M-0.14-63.99%-34.79%
45
Neutral
HK$46.89M-1.78-7.55%5.42%94.64%
40
Underperform
HK$24.62M>-0.01-43.92%-90.83%
39
Underperform
HK$30.61M>-0.01-31.35%-41.47%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:1862
Jingrui Holdings Ltd.
0.02
>-0.01
-20.00%
HK:1064
Zhong Hua International Holdings Limited
0.06
<0.01
15.09%
HK:9968
Huijing Holdings Company Limited
0.02
0.01
76.92%
HK:2608
Sunshine 100 China Holdings Ltd.
0.01
>-0.01
-45.00%
HK:6611
Sanxun Holdings Group Limited
0.05
-0.01
-23.33%
HK:6900
Sunkwan Properties Group Limited
0.01
0.00
0.00%

Jingrui Holdings Ltd. Corporate Events

Jingrui Holdings Ordered Wound Up by Hong Kong Court; Trading in Shares Suspended
Jan 16, 2026

Jingrui Holdings Limited has been ordered by the High Court of Hong Kong to be wound up under the Companies (Winding Up and Miscellaneous Provisions) Ordinance, with the Official Receiver automatically appointed as provisional liquidator to take control of the company’s affairs, business and assets. Following the winding-up order, trading in Jingrui’s shares on the Hong Kong Stock Exchange has been suspended with immediate effect, marking a critical deterioration in the company’s status and leaving shareholders and creditors reliant on the liquidation process and future announcements to understand the recovery prospects and implications for their interests.

The most recent analyst rating on (HK:1862) stock is a Hold with a HK$0.02 price target. To see the full list of analyst forecasts on Jingrui Holdings Ltd. stock, see the HK:1862 Stock Forecast page.

Jingrui Posts RMB933 Million in Preliminary Contracted Sales for 2025
Jan 6, 2026

Jingrui Holdings Limited reported unaudited operating statistics for December 2025, recording aggregated contracted sales of about RMB57 million, contracted gross floor area of approximately 4,750 square meters and an average selling price of roughly RMB12,027 per square meter for the month. For the full year ended 31 December 2025, the group’s aggregated contracted sales reached around RMB933 million on contracted gross floor area of about 62,372 square meters, with an average selling price of approximately RMB14,959 per square meter, offering investors a preliminary view of the developer’s sales performance ahead of its formal financial statements, though the company cautioned that these figures are subject to adjustment and should be used with care in investment decisions.

The most recent analyst rating on (HK:1862) stock is a Hold with a HK$0.02 price target. To see the full list of analyst forecasts on Jingrui Holdings Ltd. stock, see the HK:1862 Stock Forecast page.

Jingrui Holdings Details Debt Moves and Cost Cuts in Bid to Lift Audit Disclaimer
Dec 31, 2025

Jingrui Holdings Limited has provided a quarterly update on its efforts to address the audit disclaimer of opinion related to going-concern uncertainties, mainly by restructuring its debt and tightening cost controls. Between 1 July and 31 December 2025, the group reduced its headcount from 337 to 316, secured additional loans totaling about RMB367.49 million at what it describes as reasonable cost, and repaid approximately RMB517.31 million of existing bank and other borrowings, with the board stating that it will continue these measures and issue further updates as needed.

The most recent analyst rating on (HK:1862) stock is a Hold with a HK$0.02 price target. To see the full list of analyst forecasts on Jingrui Holdings Ltd. stock, see the HK:1862 Stock Forecast page.

Jingrui Faces Temporary Listing Rule Breach After Independent Director Resigns
Dec 24, 2025

Jingrui Holdings Limited announced that independent non-executive director Ms. Hong Ting has resigned with effect from 28 December 2025, stepping down as chair of the audit committee and as a member of the remuneration and nomination committees, citing other business commitments and indicating no disagreement with the board. Her departure leaves the company temporarily non-compliant with Hong Kong listing rules governing the minimum number of independent non-executive directors and committee members, prompting the board to begin searching for suitable replacements with a stated aim to restore full compliance within three months, a move closely watched by investors concerned with governance and regulatory adherence.

The most recent analyst rating on (HK:1862) stock is a Hold with a HK$0.02 price target. To see the full list of analyst forecasts on Jingrui Holdings Ltd. stock, see the HK:1862 Stock Forecast page.

Jingrui Holdings Sets Out Board and Committee Structure
Dec 24, 2025

Jingrui Holdings Limited has announced the current composition of its board of directors, confirming three executive directors, one non-executive director and two independent non-executive directors, with Yan Hao serving as chairman and chief executive officer. The company also detailed the membership of its three key board committees—audit, remuneration and nomination—assigning leadership of the audit and nomination committees to independent non-executive director Liu Tianmin and chairing of the remuneration committee to independent non-executive director Wu Jilan, in a move that underscores an emphasis on corporate governance and oversight aligned with market expectations for listed firms.

The most recent analyst rating on (HK:1862) stock is a Hold with a HK$0.02 price target. To see the full list of analyst forecasts on Jingrui Holdings Ltd. stock, see the HK:1862 Stock Forecast page.

Jingrui Holdings Reports November 2025 Sales Figures
Dec 3, 2025

Jingrui Holdings Ltd. announced its unaudited operating statistics for November 2025, reporting aggregated contracted sales of approximately RMB49 million and a contracted gross floor area of 3,072 square meters. For the eleven months ending November 2025, the company achieved aggregated contracted sales of approximately RMB876 million. These figures are based on preliminary internal data and may differ from future audited financial statements. Investors are advised to exercise caution when interpreting these statistics.

The most recent analyst rating on (HK:1862) stock is a Hold with a HK$0.02 price target. To see the full list of analyst forecasts on Jingrui Holdings Ltd. stock, see the HK:1862 Stock Forecast page.

Jingrui Holdings Reports October 2025 Sales Performance
Nov 4, 2025

Jingrui Holdings Ltd. announced its unaudited operating statistics for October 2025, reporting aggregated contracted sales of approximately RMB87 million and a contracted gross floor area of about 5,135 square meters. For the first ten months of 2025, the company achieved aggregated contracted sales of approximately RMB827 million. These figures, based on preliminary internal data, highlight the company’s ongoing performance in the real estate market, although investors are cautioned about potential discrepancies with future audited reports.

Jingrui Holdings Updates on Winding-Up Petition Proceedings
Oct 16, 2025

Jingrui Holdings Ltd. has announced an update regarding a winding-up petition against the company. The petition hearing took place on October 16, 2025, with the judgment reserved and the delivery date yet to be determined. The company plans to keep its shareholders and potential investors informed about significant developments related to the petition in accordance with the Hong Kong Stock Exchange’s Listing Rules.

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: Jan 16, 2026