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Xinji Shaxi Group Co., Ltd. (HK:3603)
:3603
Hong Kong Market
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Xinji Shaxi Group Co., Ltd. (3603) AI Stock Analysis

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HK:3603

Xinji Shaxi Group Co., Ltd.

(3603)

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Neutral 51 (OpenAI - 5.2)
Rating:51Neutral
Price Target:
HK$0.08
▲(60.00% Upside)
Action:Reiterated
Date:05/15/26
The score is held back primarily by weak financial performance (declining revenue, continued net losses, and higher leverage despite better operating results). Technicals provide some support with the stock above major moving averages and a positive MACD. Valuation remains pressured due to negative earnings and no indicated dividend yield.
Positive Factors
Cash Generation
Consistent positive operating and free cash flow is a durable strength: it supports day-to-day operations, funds capex or working capital without immediate reliance on equity raises, and provides a buffer while profitability is being restored. That structural cash generation reduces short-term liquidity risk even if FCF fell in 2025.
Negative Factors
Declining Revenue
A multi-year top-line decline is a structural headwind: it limits operating leverage, constrains scalable margin improvements, and suggests waning demand or competitive pressures. Restoring sustainable growth is essential to convert improved operating results into lasting net profitability and returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash Generation
Consistent positive operating and free cash flow is a durable strength: it supports day-to-day operations, funds capex or working capital without immediate reliance on equity raises, and provides a buffer while profitability is being restored. That structural cash generation reduces short-term liquidity risk even if FCF fell in 2025.
Read all positive factors

Xinji Shaxi Group Co., Ltd. (3603) vs. iShares MSCI Hong Kong ETF (EWH)

Xinji Shaxi Group Co., Ltd. Business Overview & Revenue Model

Company Description
Xinji Shaxi Group Co., Ltd, an investment holding company, operates and manages hospitality supplies and home furnishing shopping malls in the People's Republic of China. The company operates five shopping malls, including three shopping malls for...
How the Company Makes Money
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Xinji Shaxi Group Co., Ltd. Financial Statement Overview

Summary
Operating performance improved in 2025 after several years of large losses, but revenue continues to decline and the company is still net-loss making. Balance sheet risk increased as leverage rose materially in 2025, while returns on equity remain negative. Cash flow is a support (positive operating and free cash flow), though free cash flow dropped sharply in 2025, adding volatility risk.
Income Statement
34
Negative
Balance Sheet
46
Neutral
Cash Flow
63
Positive
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue215.23M254.79M273.37M298.42M297.43M
Gross Profit158.78M254.79M230.16M250.71M240.76M
EBITDA29.81M-139.23M-23.14M-150.91M-206.73M
Net Income-27.68M-162.31M-79.99M-168.71M-207.50M
Balance Sheet
Total Assets2.66B2.67B2.93B2.83B3.10B
Cash, Cash Equivalents and Short-Term Investments697.49M582.50M513.01M314.48M249.33M
Total Debt999.36M574.42M1.10B897.13M901.45M
Total Liabilities1.51B1.49B1.60B1.42B1.42B
Stockholders Equity1.15B1.18B1.34B1.42B1.72B
Cash Flow
Free Cash Flow75.28M143.00M123.15M128.72M112.47M
Operating Cash Flow85.01M143.29M134.01M137.14M114.47M
Investing Cash Flow28.14M9.11M-45.57M-52.62M-146.95M
Financing Cash Flow-1.46M-82.90M110.18M-18.65M100.02M

Xinji Shaxi Group Co., Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.05
Price Trends
50DMA
0.07
Positive
100DMA
0.06
Positive
200DMA
0.05
Positive
Market Momentum
MACD
<0.01
Positive
RSI
55.25
Neutral
STOCH
48.96
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3603, the sentiment is Positive. The current price of 0.05 is below the 20-day moving average (MA) of 0.09, below the 50-day MA of 0.07, and below the 200-day MA of 0.05, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 55.25 is Neutral, neither overbought nor oversold. The STOCH value of 48.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3603.

Xinji Shaxi Group Co., 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
72
Outperform
HK$149.96M7.595.00%-3.89%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
51
Neutral
HK$129.89M-2.42-2.42%-11.36%83.09%
50
Neutral
HK$184.73M-2.75-16.44%-31.82%-26.93%
49
Neutral
HK$83.34M-0.69-3.74%106.94%72.57%
49
Neutral
HK$83.03M-0.13-55.99%-20.79%-14.28%
48
Neutral
HK$425.75M-1.89-5.32%66.69%88.69%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:3603
Xinji Shaxi Group Co., Ltd.
0.08
0.04
100.00%
HK:0183
Winfull Group Holdings Limited
0.15
-0.01
-6.88%
HK:1941
Ye Xing Group Holdings Limited
0.38
0.21
123.53%
HK:0499
Qingdao Holdings International Limited
0.19
0.08
74.77%
HK:0616
Eminence Enterprise Limited
0.23
0.15
191.25%
HK:0864
Wing Lee Property Investments Ltd.
0.22
0.04
26.47%

Xinji Shaxi Group Co., Ltd. Corporate Events

Xinji Shaxi Sets 2026 AGM to Approve Results, Board Changes and Share Issue Mandate
Apr 28, 2026
Xinji Shaxi Group Co., Ltd. has convened its annual general meeting for 29 May 2026 in Guangzhou, where shareholders will review and adopt the audited consolidated financial statements and related reports for the year ended 31 December 2025. The a...
Xinji Shaxi Narrows 2025 Loss as Core Operations Stay Profitable
Mar 30, 2026
Xinji Shaxi Group reported a decline in revenue to RMB215.2 million for 2025 from RMB254.8 million a year earlier, while narrowing its annual loss significantly to RMB27.8 million from RMB162.1 million. Despite fair value losses on investment prop...
Xinji Shaxi flags sharply narrower 2025 loss on smaller property valuation hit
Mar 20, 2026
Xinji Shaxi Group expects to significantly narrow its net loss for the year ended 31 December 2025, projecting a loss of between RMB22 million and RMB32 million versus a loss of about RMB162.1 million a year earlier. The improvement is mainly attr...
Xinji Shaxi Group Sets March 30 Board Meeting to Approve 2025 Annual Results
Mar 18, 2026
Xinji Shaxi Group Co., Ltd. has scheduled a board meeting for 30 March 2026 to review and approve the audited annual results for the financial year ended 31 December 2025. The board will also consider whether to declare a dividend and address othe...
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: May 15, 2026