Jingrui Holdings Ltd. (HK:1862)
:1862
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Jingrui Holdings Ltd.
(1862)
Select Model
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Rating:40Underperform
Price Target:
HK$0.02
▼(-25.00% Downside)
Action:DowngradedDate:01/16/26
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.
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.
Read all positive and negative factors
Positive Factors
Negative 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.
Read all positive factors
Jingrui Holdings Ltd. (1862) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$24.62M
Dividend YieldN/A
Average Volume (3M)8.21M
Price to Earnings (P/E)―
Beta (1Y)1.67
Revenue Growth-43.92%
EPS Growth-90.83%
CountryHK
Employees2,661
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)N/A
Shares Outstanding1,538,813,200
10 Day Avg. Volume9,459,300
30 Day Avg. Volume8,212,400
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-0.01
Price to Sales (P/S)0.00661
P/FCF Ratio1.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Jingrui Holdings Ltd. Business Overview & Revenue Model
Company Description
Jingrui 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...
How the Company Makes Money
Jingrui 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 uni...
Jingrui Holdings Ltd. Financial Statement Overview
Summary
Income Statement
20
Very Negative
Balance Sheet
15
Very Negative
Cash Flow
5
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.03B | 5.91B | 7.29B | 7.91B | 13.55B | 12.78B |
| Gross Profit | -462.90M | -252.51M | 493.05M | 153.23M | 2.49B | 2.56B |
| EBITDA | -2.03B | -1.27B | -175.41M | -1.35B | 1.16B | 1.52B |
| Net Income | -3.53B | -3.00B | -1.72B | -4.27B | 127.54M | 958.09M |
Balance Sheet | ||||||
| Total Assets | 28.38B | 30.62B | 39.51B | 47.11B | 63.25B | 68.32B |
| Cash, Cash Equivalents and Short-Term Investments | 514.75M | 734.32M | 961.49M | 1.46B | 3.20B | 12.07B |
| Total Debt | 16.55B | 16.67B | 16.90B | 19.65B | 23.24B | 24.16B |
| Total Liabilities | 29.80B | 29.93B | 35.30B | 40.71B | 52.01B | 57.02B |
| Stockholders Equity | -4.87B | -2.87B | 152.61M | 1.79B | 6.04B | 6.17B |
Cash Flow | ||||||
| Free Cash Flow | 26.66M | 38.97M | 1.34B | 345.41M | -4.85B | -1.58B |
| Operating Cash Flow | 31.02M | 46.09M | 1.34B | 358.52M | -4.84B | -1.52B |
| Investing Cash Flow | 8.37M | 125.91M | 270.83M | 729.64M | 43.12M | -661.42M |
| Financing Cash Flow | -104.94M | -288.76M | -1.97B | -2.63B | -3.88B | 2.42B |
Jingrui Holdings Ltd. Technical Analysis
Positive
0.02
Price Trends
0.02
Positive
0.02
Positive
0.01
Positive
Market Momentum
<0.01
Positive
55.39
Neutral
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 Positive 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
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
51 Neutral | HK$131.35M | -0.06 | 86.15% | ― | -63.99% | -34.79% | |
45 Neutral | HK$56.88M | 0.80 | -8.00% | ― | 5.42% | 94.64% | |
40 Underperform | HK$24.62M | >-0.01 | ― | ― | -43.92% | -90.83% | |
39 Underperform | HK$25.51M | >-0.01 | 76.48% | ― | -31.35% | -41.47% |
* Real Estate Sector Average
HK:1862
Jingrui Holdings Ltd.
0.02
>-0.01
-5.88%
HK:1064
Zhong Hua International Holdings Limited
0.07
0.03
85.00%
HK:9968
Huijing Holdings Company Limited
0.03
0.01
108.33%
HK:2608
Sunshine 100 China Holdings Ltd.
0.01
0.00
0.00%
HK:6611
Sanxun Holdings Group Limited
0.05
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 c...
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 roug...
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 Decembe...
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, c...
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 exec...
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 Novem...
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 2...
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 kee...
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.