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Radiance Holdings (Group) Company Limited logo

Radiance Holdings (Group) Company Limited

9993.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$1.125

−HK$0.065 · -5.46%

Aug 24, 11:03 AM HKT

9993.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Radiance Holdings (Group) Company Limited, an investment holding company, engages in property development business in Mainland China. The company develops and sells residential and commercial properties; and leases commercial properties, such as office buildings, shopping malls, and shopping streets. It also provides management consulting services related to construction, sales and marketing of properties, and project management; and business management and hotel services. Radiance Holdings (Group) Company Limited was founded in 1996 and is headquartered in Beijing, China.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
CN
CEO
Ting Keung Lam
Listed since
Oct 29, 2020
Employees
478

Market position

Day range

Current HK$1.125

52-week range

Current HK$1.125

Open
HK$1.18
Previous close
HK$1.19
Volume
89.36M
0.6× average
Average volume
148.09M
Average daily volume
Market cap
4.55B HKD
Beta
1
Market reference 1
50-day average
HK$1.1052
+1.79% above average
200-day average
HK$1.5363
-26.77% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
29.08B CNY
P/E (TTM)
-0.56×
P/B (TTM)
0.49×
P/S (TTM)
0.27×
EV / EBITDA
-5.07×
Earnings yield
-100.82%
Free cash flow yield
-7.57%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-10.99%
Operating margin
-18.76%
Net margin
-48.75%
Return on equity
-85.13%
Return on assets
-8.65%
Return on invested capital
-3.32%

Financial health

Debt / equity
2.97×
Current ratio
0.42×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends26%-1%-28%-56%Gross margin, FY2021: 19.36%Gross margin, FY2022: 14.67%Gross margin, FY2023: 7.38%Gross margin, FY2024: -23.42%Gross margin, FY2025: -11.56%Operating margin, FY2021: 12.80%Operating margin, FY2022: 9.63%Operating margin, FY2023: 2.39%Operating margin, FY2024: -28.87%Operating margin, FY2025: -18.72%Net margin, FY2021: 8.18%Net margin, FY2022: 4.83%Net margin, FY2023: -1.70%Net margin, FY2024: -36.79%Net margin, FY2025: -48.73%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 19.36%. Gross margin FY2022 14.67%. Gross margin FY2023 7.38%. Gross margin FY2024 -23.42%. Gross margin FY2025 -11.56%. Operating margin FY2021 12.80%. Operating margin FY2022 9.63%. Operating margin FY2023 2.39%. Operating margin FY2024 -28.87%. Operating margin FY2025 -18.72%. Net margin FY2021 8.18%. Net margin FY2022 4.83%. Net margin FY2023 -1.70%. Net margin FY2024 -36.79%. Net margin FY2025 -48.73%.

Income trends

Revenue

13.83B CNY-44.15%

Operating income

−2.59B CNY+63.79%

Net income

−6.74B CNY+26.02%
Income trends across reported periods44.94B CNY25.28B CNY5.63B CNY−14.02B CNYRevenue, FY2021: 40.03B CNYRevenue, FY2022: 35.32B CNYRevenue, FY2023: 34.25B CNYRevenue, FY2024: 24.77B CNYRevenue, FY2025: 13.83B CNYOperating income, FY2021: 5.12B CNYOperating income, FY2022: 3.4B CNYOperating income, FY2023: 817.04M CNYOperating income, FY2024: −7.15B CNYOperating income, FY2025: −2.59B CNYNet income, FY2021: 3.27B CNYNet income, FY2022: 1.71B CNYNet income, FY2023: −581.25M CNYNet income, FY2024: −9.11B CNYNet income, FY2025: −6.74B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 40.03B CNY. Revenue FY2022 35.32B CNY. Revenue FY2023 34.25B CNY. Revenue FY2024 24.77B CNY. Revenue FY2025 13.83B CNY. Operating income FY2021 5.12B CNY. Operating income FY2022 3.4B CNY. Operating income FY2023 817.04M CNY. Operating income FY2024 −7.15B CNY. Operating income FY2025 −2.59B CNY. Net income FY2021 3.27B CNY. Net income FY2022 1.71B CNY. Net income FY2023 −581.25M CNY. Net income FY2024 −9.11B CNY. Net income FY2025 −6.74B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue13.83B CNY24.77B CNY34.25B CNY35.32B CNY40.03B CNY
Cost of goods sold15.43B CNY30.57B CNY31.72B CNY30.14B CNY32.28B CNY
Gross profit−1.6B CNY−5.8B CNY2.53B CNY5.18B CNY7.75B CNY
Selling, general, and administrative1.1B CNY1.35B CNY1.72B CNY1.79B CNY2.64B CNY
Operating expenses989.64M CNY1.35B CNY1.71B CNY1.78B CNY2.62B CNY
Interest income4.86M CNY21.14M CNY51.61M CNY91.29M CNY183.48M CNY
Interest expense676.33M CNY364.48M CNY295.84M CNY236.1M CNY349.89M CNY
Depreciation and amortization84.92M CNY21.99M CNY65.3M CNY78.97M CNY84.38M CNY
Operating income−2.59B CNY−7.15B CNY817.04M CNY3.4B CNY5.12B CNY
Net income−6.74B CNY−9.11B CNY−581.25M CNY1.71B CNY3.27B CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
-0.91

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.15-0.25-0.65-1.06Q3 '23Q4 '23Q2 '24Q3 '24Q4 '24Q2 '25Q3 '25Q4 '25
Q3 2023, reported Aug 31, 2023: actual 0.07, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Oct 31, 2023: actual -0.15, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 30, 2024: actual -0.27, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual -0.268, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 31, 2024: actual -0.974, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual -0.031, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual -0.032, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 29, 2025: actual -0.907, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates10.44B7.93B5.42B2.91BQ3 '23Q4 '23Q2 '24Q3 '24Q4 '24Q2 '25Q3 '25Q4 '25
Q3 2023, reported Aug 31, 2023: actual 9.92B HKD, estimate —, surprise —, Comparison unavailable. Q4 2023, reported Oct 31, 2023: actual 8.53B HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 30, 2024: actual 8.86B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 30, 2024: actual 8.8B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 31, 2024: actual 4.64B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 30, 2025: actual 3.42B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 28, 2025: actual 3.51B HKD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Oct 29, 2025: actual 4.25B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.16

2022 complete year-50.0% since 2021

Corporate action history

Dividend

Ex-dividend May 31, 2022

HK$0.16

Annual

Record Jun 1, 2022 · Payment Sep 23, 2022

Dividend

Ex-dividend May 24, 2021

HK$0.32

Annual

Record May 25, 2021 · Payment Jun 10, 2021

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