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China SCE Group Holdings
(1966)
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Rating:40Underperform
Price Target:
HK$0.04
▼(-53.33% Downside)
Action:Downgraded
Date:07/11/26
The score is held near the low end primarily by very weak financial performance—multi-year losses, 2025 operating losses, high debt, and negative equity—signaling elevated solvency/refinancing risk. Technicals also remain bearish with price below key moving averages and negative MACD. Valuation is not a clear positive because earnings are negative and no dividend yield support is indicated.
Positive Factors
Diversified business model
China SCE operates core residential/commercial development while expanding into property management and related services. That diversification creates recurring fee streams and service cross-sell opportunities, smoothing cash flow versus pure cyclical project sales over coming months.
Negative Factors
Very high leverage
Extremely elevated debt combined with negative equity materially increases refinancing and solvency risk. With an eroded capital base, the company has limited financial flexibility to absorb shocks or pursue growth, making balance-sheet repair a multi-quarter structural challenge.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified business model
China SCE operates core residential/commercial development while expanding into property management and related services. That diversification creates recurring fee streams and service cross-sell opportunities, smoothing cash flow versus pure cyclical project sales over coming months.
Read all positive factors
China SCE Group Holdings (1966) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$202.70M
Dividend YieldN/A
Average Volume (3M)1.26M
Price to Earnings (P/E)―
Beta (1Y)2.39
Revenue Growth-8.91%
EPS Growth5.22%
CountryHK
Employees5,560
SectorReal Estate
Sector Strength53
IndustryReal Estate - Development
Share Statistics
EPS (TTM)-1.76
Shares Outstanding4,222,986,300
10 Day Avg. Volume809,700
30 Day Avg. Volume1,256,586
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-0.06
Price to Sales (P/S)0.00797
P/FCF Ratio1.15
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)-0.04
Revenue Forecast (FY)HK$12.63B
China SCE Group Holdings Business Overview & Revenue Model
Company Description
As an investment holding company, China SCE Group Holdings Limited primarily conducts its business within the People's Republic of China, with a strong focus on the real estate sector. Its activities involve the full spectrum of property developme...
How the Company Makes Money
null...
China SCE Group Holdings Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
12
Very Negative
Cash Flow
28
Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 37.11B | 40.77B | 20.96B | 26.71B | 37.74B |
| Gross Profit | 6.55B | 6.24B | 2.63B | 4.42B | 8.17B |
| EBITDA | 4.78B | 4.39B | 198.99M | 2.46B | 5.13B |
| Net Income | -7.45B | -7.86B | -7.99B | 24.54M | 3.07B |
Balance Sheet | |||||
| Total Assets | 88.66B | 128.29B | 167.89B | 193.96B | 195.01B |
| Cash, Cash Equivalents and Short-Term Investments | 3.37B | 3.08B | 5.23B | 9.55B | 16.97B |
| Total Debt | 33.10B | 37.83B | 40.86B | 48.63B | 50.54B |
| Total Liabilities | 86.60B | 117.72B | 147.41B | 157.34B | 152.31B |
| Stockholders Equity | -5.11B | 1.70B | 9.72B | 19.71B | 21.79B |
Cash Flow | |||||
| Free Cash Flow | 257.46M | -541.54M | 5.02B | 16.30B | -3.78B |
| Operating Cash Flow | 303.24M | -498.71M | 5.09B | 16.43B | -3.69B |
| Investing Cash Flow | 944.34M | 429.41M | 4.04B | -2.60B | 1.28B |
| Financing Cash Flow | -1.53B | -1.24B | -13.39B | -21.25B | 1.13B |
China SCE Group Holdings Technical Analysis
Positive
0.09
Price Trends
0.05
Negative
0.06
Negative
0.08
Negative
Market Momentum
>-0.01
Negative
51.59
Neutral
60.74
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1966, the sentiment is Positive. The current price of 0.09 is above the 20-day moving average (MA) of 0.05, above the 50-day MA of 0.05, and above the 200-day MA of 0.08, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.59 is Neutral, neither overbought nor oversold. The STOCH value of 60.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1966.
China SCE Group Holdings 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% | |
54 Neutral | HK$465.00M | -20.96 | -9.32% | ― | -35.76% | 81.82% | |
48 Neutral | HK$241.65M | -0.38 | -3.45% | ― | 9.53% | -148.68% | |
40 Underperform | HK$202.70M | -0.03 | -381.99% | ― | -8.91% | 5.22% | |
40 Underperform | HK$178.19M | <0.01 | -1051.18% | ― | -30.04% | ― | |
39 Underperform | HK$120.79M | -0.02 | -34.31% | ― | -69.02% | -41.71% | |
38 Underperform | HK$234.70M | -3.26 | -9.74% | ― | 121.87% | 81.94% |
* Real Estate Sector Average
HK:1966
China SCE Group Holdings
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China SCE Group Holdings Corporate Events
China SCE Wins Court Sanction for Offshore Debt Restructuring Scheme
Jun 17, 2026
China SCE Group Holdings Limited has secured court sanction for its offshore debt restructuring scheme, marking a key milestone in its efforts to reorganize obligations to overseas creditors. The scheme, which was previously approved by the requis...
China SCE Shareholders Approve All AGM Resolutions, Renew Capital Mandates
May 28, 2026
China SCE Group Holdings reported that all resolutions at its 28 May 2026 annual general meeting were approved by shareholders via poll, including the adoption of the 2025 audited financial statements. Shareholders also backed the re-election of e...
China SCE Group Wins Unanimous Backing for Capital Expansion at EGM
May 28, 2026
China SCE Group Holdings secured unanimous shareholder approval at an extraordinary general meeting for a series of capital measures, including the issuance of mandatory convertible bonds and new shares. These steps reflect the company’s eff...
China SCE Wins Creditor Backing for Offshore Debt Restructuring
May 18, 2026
China SCE Group Holdings reported strong creditor support for its offshore debt restructuring plan at a court-convened scheme meeting in Hong Kong. The company is seeking to reshape its offshore liabilities to improve financial stability and prese...
China SCE updates market on enforced sale of pledged SCE CM shares after loan default
May 15, 2026
China SCE Group Holdings and its affiliate SCE Intelligent Commercial Management have disclosed an update on the enforcement of a share charge tied to a syndicated loan facility that China SCE previously defaulted on. The Security Agent, which had...
China SCE Calls EGM to Approve New Convertible Bonds and Share Capital Increase
May 8, 2026
China SCE Group Holdings has called an extraordinary general meeting in Hong Kong on 28 May 2026 to seek shareholder approval for a proposed issue of mandatorily convertible bonds, which will be exchangeable into ordinary shares. The meeting will ...
China SCE Sets May Scheme Meeting in Offshore Debt Restructuring
Apr 26, 2026
China SCE Group Holdings has called a scheme meeting on May 18, 2026 in Hong Kong as part of its ongoing offshore debt restructuring process, inviting scheme creditors to attend in person or via video conference and vote on a proposed scheme of ar...
China SCE Sets 2026 AGM to Approve 2025 Results and Renew Share Issue Mandate
Apr 24, 2026
China SCE Group Holdings has convened its annual general meeting for 28 May 2026 in Hong Kong, where shareholders will be asked to receive and approve the audited consolidated financial statements for the year ended 31 December 2025, along with th...
China SCE Details US$2.27 Billion Debt Restructuring Scheme
Apr 13, 2026
China SCE Group Holdings has outlined key elements of a debt restructuring plan covering about US$2.27 billion of in-scope debt, after creditors representing roughly 78% of this amount agreed to a restructuring support agreement. The scheme will c...
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.