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Reach New Holdings SEHK:8471 Stock Report

Last Price

HK$0.082

Market Cap

HK$77.9m

7D

1.2%

1Y

-62.9%

Updated

25 Apr, 2024

Data

Company Financials

Reach New Holdings Limited

SEHK:8471 Stock Report

Market Cap: HK$77.9m

8471 Stock Overview

Reach New Holdings Limited, together with its subsidiaries, engages in manufacture and supply of garment accessories and labeling products in the People’s Republic of China.

8471 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Reach New Holdings Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Reach New Holdings
Historical stock prices
Current Share PriceHK$0.082
52 Week HighHK$0.28
52 Week LowHK$0.061
Beta-0.030
1 Month Change-12.77%
3 Month Change-52.33%
1 Year Change-62.90%
3 Year Change-90.12%
5 Year Change-87.38%
Change since IPO-75.88%

Recent News & Updates

Recent updates

We're Not Very Worried About Reach New Holdings' (HKG:8471) Cash Burn Rate

Jul 14
We're Not Very Worried About Reach New Holdings' (HKG:8471) Cash Burn Rate

This Is Why Reach New Holdings Limited's (HKG:8471) CEO Compensation Looks Appropriate

Apr 26
This Is Why Reach New Holdings Limited's (HKG:8471) CEO Compensation Looks Appropriate

We're Not Very Worried About Reach New Holdings' (HKG:8471) Cash Burn Rate

Mar 17
We're Not Very Worried About Reach New Holdings' (HKG:8471) Cash Burn Rate

How Much Did Reach New Holdings' (HKG:8471) CEO Pocket Last Year?

Dec 01
How Much Did Reach New Holdings' (HKG:8471) CEO Pocket Last Year?

Shareholder Returns

8471HK LuxuryHK Market
7D1.2%7.8%3.6%
1Y-62.9%-11.3%-10.1%

Return vs Industry: 8471 underperformed the Hong Kong Luxury industry which returned -11.3% over the past year.

Return vs Market: 8471 underperformed the Hong Kong Market which returned -10.1% over the past year.

Price Volatility

Is 8471's price volatile compared to industry and market?
8471 volatility
8471 Average Weekly Movement15.4%
Luxury Industry Average Movement6.7%
Market Average Movement7.4%
10% most volatile stocks in HK Market14.6%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 8471's share price has been volatile over the past 3 months.

Volatility Over Time: 8471's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
2016235Rongsheng Liwww.sthl.com.hk

Reach New Holdings Limited, together with its subsidiaries, engages in manufacture and supply of garment accessories and labeling products in the People’s Republic of China. It offers printed products, such as hangtags, price tags, and stickers; woven labels comprising woven brand and woven size labels, and badges; and printed labels, including printed brand, printed size, and care content labels. The company also sources and sells other garment accessories comprising tapes, hanging tablets, string locks, leather badges, buttons, and metal products.

Reach New Holdings Limited Fundamentals Summary

How do Reach New Holdings's earnings and revenue compare to its market cap?
8471 fundamental statistics
Market capHK$77.90m
Earnings (TTM)-HK$23.38m
Revenue (TTM)HK$71.66m

1.1x

P/S Ratio

-3.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8471 income statement (TTM)
RevenueCN¥66.32m
Cost of RevenueCN¥48.58m
Gross ProfitCN¥17.74m
Other ExpensesCN¥39.38m
Earnings-CN¥21.63m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.023
Gross Margin26.75%
Net Profit Margin-32.62%
Debt/Equity Ratio0%

How did 8471 perform over the long term?

See historical performance and comparison
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