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IRC LimitedSEHK:1029 Stock Report

Market Cap HK$795.5m
Share Price
n/a
1Y-35.2%
7D-7.8%
1D0%
Portfolio Value
​
View

IRC Limited

SEHK:1029 Stock Report

Market Cap: HK$795.5m

IRC (1029) Stock Overview

An investment holding company, engages in production and development of industrial commodities products in Russia and the People’s Republic of China. More details

1029 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Risk Analysis

Earnings have declined by 54.8% per year over past 5 years

Shareholders have been substantially diluted in the past year


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IRC Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for IRC
Historical stock prices
Current Share PriceHK$0.41
52 Week HighHK$0.84
52 Week LowHK$0.39
Beta0.36
1 Month Change-16.16%
3 Month Change-21.70%
1 Year Change-35.16%
3 Year Change-55.85%
5 Year Change-83.40%
Change since IPO-97.48%

Recent News & Updates

Recent updates

Analysis Article • Dec 28

Returns Are Gaining Momentum At IRC (HKG:1029)

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Analysis Article • Sep 02

Is IRC (HKG:1029) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article • May 23

These 4 Measures Indicate That IRC (HKG:1029) Is Using Debt Reasonably Well

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Apr 01

With EPS Growth And More, IRC (HKG:1029) Is Interesting

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Analysis Article • Feb 26

Under The Bonnet, IRC's (HKG:1029) Returns Look Impressive

There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Analysis Article • Nov 05

Here's Why IRC (HKG:1029) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article • Aug 20

IRC (HKG:1029) Is Doing The Right Things To Multiply Its Share Price

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article • Jun 18

Shareholders May Not Be So Generous With IRC Limited's (HKG:1029) CEO Compensation And Here's Why

Performance at IRC Limited ( HKG:1029 ) has been reasonably good and CEO Yury V. Makarov has done a decent job of...
Analysis Article • May 10

Returns On Capital Are Showing Encouraging Signs At IRC (HKG:1029)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...
Analysis Article • Apr 05

IRC (HKG:1029) Has A Somewhat Strained Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article • Dec 27

How Much Does IRC's (HKG:1029) CEO Make?

Yury V. Makarov became the CEO of IRC Limited ( HKG:1029 ) in 2010, and we think it's a good time to look at the...
Analysis Article • Dec 01

Reflecting on IRC's (HKG:1029) Share Price Returns Over The Last Three Years

This month, we saw the IRC Limited ( HKG:1029 ) up an impressive 32%. But that doesn't change the fact that the returns...

Shareholder Returns

1029HK Metals and MiningHK Market
7D-7.8%-9.3%-3.2%
1Y-35.2%20.9%-3.8%

Return vs Industry: 1029 underperformed the Hong Kong Metals and Mining industry which returned 20.9% over the past year.

Return vs Market: 1029 underperformed the Hong Kong Market which returned -3.8% over the past year.

Price Volatility

Is 1029's price volatile compared to industry and market?
1029 volatility
1029 Average Weekly Movement4.5%
Metals and Mining Industry Average Movement8.3%
Market Average Movement7.4%
10% most volatile stocks in HK Market16.3%
10% least volatile stocks in HK Market3.5%

Stable Share Price: 1029 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 1029's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20101,802Denis Vitalievich Cherednichenkowww.ircgroup.com.hk

IRC Limited, an investment holding company, engages in production and development of industrial commodities products in Russia and the People’s Republic of China. The company operates through four segments: Mines in Production, Mines in Development, Engineering, and Other. The Mines in Production segment comprises iron ore projects in production phase, which include the Kimkan and Sutara (K&S) Project located in the Obluchenskoye district of the EAO in the Russian Far East region.

IRC Limited Fundamentals Summary

How do IRC's earnings and revenue compare to its market cap?
1029 fundamental statistics
Market capHK$795.52m
Earnings (TTM)-HK$1.03b
Revenue (TTM)HK$2.02b
0.4x
P/S Ratio
-0.8x
P/E Ratio

Is 1029 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1029 income statement (TTM)
RevenueUS$258.05m
Cost of RevenueUS$212.75m
Gross ProfitUS$45.31m
Other ExpensesUS$176.77m
Earnings-US$131.47m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)-0.069
Gross Margin17.56%
Net Profit Margin-50.95%
Debt/Equity Ratio15.2%

How did 1029 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/01 03:14
End of Day Share Price 2026/06/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

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 Github.

Analyst Sources

IRC Limited is covered by 7 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
Krishan AgarwalBarclays
Ephrem RaviBarclays
Daniel LianBofA Global Research