723 Stock Overview
Reliance Global Holdings Limited, an investment holding company, engages in the forest business in the People’s Republic of China, Hong Kong, other Asian countries, Europe, and the Middle East.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Reliance Global Holdings Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.022 |
| 52 Week High | HK$0.026 |
| 52 Week Low | HK$0.01 |
| Beta | 0.31 |
| 1 Month Change | 46.67% |
| 3 Month Change | 120.00% |
| 1 Year Change | 83.33% |
| 3 Year Change | -8.33% |
| 5 Year Change | n/a |
| Change since IPO | -99.96% |
Recent News & Updates
Subdued Growth No Barrier To Reliance Global Holdings Limited (HKG:723) With Shares Advancing 36%
Apr 16
Investor Optimism Abounds Reliance Global Holdings Limited (HKG:723) But Growth Is Lacking
Feb 06Recent updates
Subdued Growth No Barrier To Reliance Global Holdings Limited (HKG:723) With Shares Advancing 36%
Apr 16Investor Optimism Abounds Reliance Global Holdings Limited (HKG:723) But Growth Is Lacking
Feb 06Reliance Global Holdings (HKG:723) Could Be Struggling To Allocate Capital
Nov 07Estimating The Fair Value Of Reliance Global Holdings Limited (HKG:723)
Sep 18Reliance Global Holdings (HKG:723) Is Reinvesting At Lower Rates Of Return
May 11Reliance Global Holdings (HKG:723) Might Be Having Difficulty Using Its Capital Effectively
Feb 10Reliance Global Holdings (HKG:723) Might Be Having Difficulty Using Its Capital Effectively
Oct 20Investors Will Want Reliance Global Holdings' (HKG:723) Growth In ROCE To Persist
May 05Reliance Global Holdings' (HKG:723) Returns On Capital Are Heading Higher
Jan 04Returns At Reliance Global Holdings (HKG:723) Are On The Way Up
Sep 21It's Probably Less Likely That Reliance Global Holdings Limited's (HKG:723) CEO Will See A Huge Pay Rise This Year
Sep 21A Look At The Intrinsic Value Of Reliance Global Holdings Limited (HKG:723)
Jul 28Reliance Global Holdings (HKG:723) Is Looking To Continue Growing Its Returns On Capital
May 10How Much Is Reliance Global Holdings' (HKG:723) CEO Getting Paid?
Mar 01Is There More Growth In Store For Reliance Global Holdings' (HKG:723) Returns On Capital?
Feb 08
Reliance Global Holdings Limited's (HKG:723) Recent Stock Price Movement Is Nothing To Get Excited About But Financials Could Add More To The Story
Dec 28Shareholder Returns
| 723 | HK Forestry | HK Market | |
|---|---|---|---|
| 7D | 29.4% | -8.3% | -2.0% |
| 1Y | 83.3% | -42.0% | -14.3% |
Return vs Industry: 723 exceeded the Hong Kong Forestry industry which returned -41.3% over the past year.
Return vs Market: 723 exceeded the Hong Kong Market which returned -15% over the past year.
Price Volatility
| 723 volatility | |
|---|---|
| 723 Average Weekly Movement | 14.2% |
| Forestry Industry Average Movement | 9.7% |
| Market Average Movement | 7.5% |
| 10% most volatile stocks in HK Market | 14.9% |
| 10% least volatile stocks in HK Market | 3.8% |
Stable Share Price: 723's share price has been volatile over the past 3 months.
Volatility Over Time: 723's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1991 | 78 | Ming Wai Lai | www.relianceglobal.com.hk |
Reliance Global Holdings Limited, an investment holding company, engages in the forest business in the People’s Republic of China, Hong Kong, other Asian countries, Europe, and the Middle East. The company operates through Money Lending, Forest-Related Business, and Leasing of Properties segments. It is involved in the sustainable forest management; natural forests investment; harvesting rights licensing; and timber and wood processing activities, as well as trading and sale of forestry, timber, and wood products.
Reliance Global Holdings Limited Fundamentals Summary
| 723 fundamental statistics | |
|---|---|
| Market cap | HK$200.54m |
| Earnings (TTM) | -HK$5.32m |
| Revenue (TTM) | HK$330.75m |
0.6x
P/S Ratio-37.7x
P/E RatioIs 723 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 723 income statement (TTM) | |
|---|---|
| Revenue | HK$330.75m |
| Cost of Revenue | HK$312.95m |
| Gross Profit | HK$17.80m |
| Other Expenses | HK$23.12m |
| Earnings | -HK$5.32m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.00058 |
| Gross Margin | 5.38% |
| Net Profit Margin | -1.61% |
| Debt/Equity Ratio | 15.9% |
How did 723 perform over the long term?
See historical performance and comparison