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Reach New Holdings SEHK:8471 Stock Report

Last Price

HK$0.40

Market Cap

HK$408.0m

7D

-5.9%

1Y

316.7%

Updated

21 Dec, 2024

Data

Company Financials

Reach New Holdings Limited

SEHK:8471 Stock Report

Market Cap: HK$408.0m

8471 Stock Overview

Engages in manufacture and supply of garment accessories and labeling solutions in the People’s Republic of China. More details

8471 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Reach New Holdings Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Reach New Holdings
Historical stock prices
Current Share PriceHK$0.40
52 Week HighHK$0.47
52 Week LowHK$0.056
Beta0.12
1 Month Change6.67%
3 Month Change72.41%
1 Year Change316.67%
3 Year Change17.65%
5 Year Change68.07%
Change since IPO17.65%

Recent News & Updates

Reach New Holdings Limited's (HKG:8471) 62% Share Price Surge Not Quite Adding Up

Aug 23
Reach New Holdings Limited's (HKG:8471) 62% Share Price Surge Not Quite Adding Up

Recent updates

Reach New Holdings Limited's (HKG:8471) 62% Share Price Surge Not Quite Adding Up

Aug 23
Reach New Holdings Limited's (HKG:8471) 62% Share Price Surge Not Quite Adding Up

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
7D-5.9%-1.1%-0.5%
1Y316.7%8.2%19.9%

Return vs Industry: 8471 exceeded the Hong Kong Luxury industry which returned 8.2% over the past year.

Return vs Market: 8471 exceeded the Hong Kong Market which returned 19.9% over the past year.

Price Volatility

Is 8471's price volatile compared to industry and market?
8471 volatility
8471 Average Weekly Movement9.9%
Luxury Industry Average Movement7.3%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

Stable Share Price: 8471 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 8471's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2016218Rongsheng Liwww.sthl.com.hk

Reach New Holdings Limited, together with its subsidiaries, engages in manufacture and supply of garment accessories and labeling solutions 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, such as 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$408.00m
Earnings (TTM)-HK$28.64m
Revenue (TTM)HK$76.64m

5.3x

P/S Ratio

-14.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8471 income statement (TTM)
RevenueCN¥71.91m
Cost of RevenueCN¥53.46m
Gross ProfitCN¥18.45m
Other ExpensesCN¥45.32m
Earnings-CN¥26.87m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.026
Gross Margin25.65%
Net Profit Margin-37.37%
Debt/Equity Ratio4.3%

How did 8471 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 05:24
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Reach New Holdings Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution