China SCE Group Holdings (HK:1966)
:1966
Want to see HK:1966 full AI Analyst Report?
Top Page
China SCE Group Holdings
(1966)
Select Model
Select Model
Rating:39Underperform
Price Target:
HK$0.04
▼(-55.56% Downside)
Action:Reiterated
Date:06/18/26
The score is driven primarily by weak financial performance, especially negative equity, sustained losses, and high leverage with limited cash flow support. Technicals also remain bearish with the stock below major moving averages and negative MACD, while valuation metrics provide little support due to a negative P/E and no dividend yield.
Positive Factors
Revenue stabilization and rebound
A return to positive revenue growth in 2025 versus 2024 indicates demand stabilization for the company’s developments. Durable revenue recovery supports longer-term cash generation potential and underpins any operational turnaround, reducing reliance on one-off asset sales over the coming 2–6 months.
Negative Factors
Very high leverage and negative equity
Negative equity and elevated debt materially weaken the capital structure, increasing refinancing and covenant risk. This structural imbalance constrains strategic flexibility, elevates default probability in stress scenarios, and makes sustainable recovery dependent on sizable deleveraging or external recapitalization.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue stabilization and rebound
A return to positive revenue growth in 2025 versus 2024 indicates demand stabilization for the company’s developments. Durable revenue recovery supports longer-term cash generation potential and underpins any operational turnaround, reducing reliance on one-off asset sales over the coming 2–6 months.
Read all positive factors
China SCE Group Holdings (1966) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$185.81M
Dividend YieldN/A
Average Volume (3M)1.26M
Price to Earnings (P/E)―
Beta (1Y)2.41
Revenue Growth-8.91%
EPS Growth5.22%
CountryHK
Employees6,201
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
Negative
0.09
Price Trends
0.06
Negative
0.07
Negative
0.08
Negative
Market Momentum
>-0.01
Positive
30.11
Neutral
4.42
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1966, the sentiment is Negative. The current price of 0.09 is above the 20-day moving average (MA) of 0.06, above the 50-day MA of 0.06, and above the 200-day MA of 0.08, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 30.11 is Neutral, neither overbought nor oversold. The STOCH value of 4.42 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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% | |
48 Neutral | HK$264.83M | -0.41 | -3.45% | ― | 9.53% | -148.68% | |
46 Neutral | HK$637.50M | -4.26 | -9.32% | ― | -35.76% | 81.82% | |
40 Underperform | HK$198.80M | <0.01 | -1029.68% | ― | -30.04% | ― | |
39 Underperform | HK$185.81M | -0.02 | -381.99% | ― | -8.91% | 5.22% | |
39 Underperform | HK$160.51M | -0.03 | -34.31% | ― | -69.02% | -41.71% | |
38 Underperform | HK$248.79M | -0.89 | -9.74% | ― | 91.24% | 2.36% |
* Real Estate Sector Average
HK:1966
China SCE Group Holdings
0.04
-0.06
-57.69%
HK:1125
Lai Fung Holdings
0.80
-0.32
-28.57%
HK:2772
Zhongliang Holdings Group Company Limited
0.04
-0.05
-55.56%
HK:0298
Chuang's China Investments Limited
0.11
-0.01
-11.67%
HK:1628
Yuzhou Group Holdings Co., Ltd.
0.14
-0.45
-77.12%
HK:2892
Million Cities Holdings Ltd.
0.85
0.45
115.19%
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...
China SCE posts deeper 2025 loss as property write‑downs and valuation hits mount
Mar 27, 2026
China SCE Group Holdings reported revenue of about RMB37.1 billion for 2025, with a gross profit margin of 17.6%, indicating modest profitability at the operating level despite a weaker top line versus the prior year. Contracted sales reached roug...
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.