1622 Stock Overview
An investment holding company, engages in the property development and investment activities in the People’s Republic of China and Hong Kong. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Redco Properties Group Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.22 |
| 52 Week High | HK$0.80 |
| 52 Week Low | HK$0.21 |
| Beta | 0.31 |
| 1 Month Change | -24.07% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | -91.22% |
| 5 Year Change | -93.58% |
| Change since IPO | -82.84% |
Recent News & Updates
Recent updates
Some Confidence Is Lacking In Redco Properties Group Limited (HKG:1622) As Shares Slide 55%
Nov 27
A Look At The Fair Value Of Redco Properties Group Limited (HKG:1622)
Jun 28Redco Properties Group (HKG:1622) Takes On Some Risk With Its Use Of Debt
May 03Redco Properties Group (HKG:1622) Seems To Be Using A Lot Of Debt
Dec 13Is Redco Properties Group (HKG:1622) Using Too Much Debt?
Sep 06Shareholders Will Probably Not Have Any Issues With Redco Properties Group Limited's (HKG:1622) CEO Compensation
Jun 19We Think Redco Properties Group (HKG:1622) Is Taking Some Risk With Its Debt
Mar 31Redco Properties Group's (HKG:1622) Stock Price Has Reduced 21% In The Past Year
Mar 13What To Know Before Buying Redco Properties Group Limited (HKG:1622) For Its Dividend
Feb 20
Can Redco Properties Group Limited's (HKG:1622) ROE Continue To Surpass The Industry Average?
Jan 31What Type Of Shareholders Own The Most Number of Redco Properties Group Limited (HKG:1622) Shares?
Jan 10Redco Properties Group's (HKG:1622) Earnings Are Growing But Is There More To The Story?
Dec 23Is Redco Properties Group (HKG:1622) Using Too Much Debt?
Dec 10If You Had Bought Redco Properties Group's (HKG:1622) Shares A Year Ago You Would Be Down 26%
Nov 27Shareholder Returns
| 1622 | HK Real Estate | HK Market | |
|---|---|---|---|
| 7D | -8.2% | -6.7% | -2.2% |
| 1Y | n/a | -10.6% | 18.3% |
Return vs Industry: Insufficient data to determine how 1622 performed against the Hong Kong Real Estate industry.
Return vs Market: Insufficient data to determine how 1622 performed against the Hong Kong Market.
Price Volatility
| 1622 volatility | |
|---|---|
| 1622 Average Weekly Movement | 20.7% |
| Real Estate Industry Average Movement | 9.9% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in HK Market | 18.7% |
| 10% least volatile stocks in HK Market | 4.1% |
Stable Share Price: 1622's share price has been volatile over the past 3 months compared to the Hong Kong market.
Volatility Over Time: Insufficient data to determine 1622's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 2,753 | Ruoqing Huang | www.redco.cn |
Redco Properties Group Limited, an investment holding company, engages in the property development and investment activities in the People’s Republic of China and Hong Kong. The company operates through Greater Western Taiwan Straits Economic Zone; Central and Western Regions; Bohai Economic Rim; Greater Bay Area; and Others segments. It develops residential and commercial properties.
Redco Properties Group Limited Fundamentals Summary
| 1622 fundamental statistics | |
|---|---|
| Market cap | HK$795.56m |
| Earnings (TTM) | -HK$1.84b |
| Revenue (TTM) | HK$5.91b |
0.1x
P/S Ratio-0.4x
P/E RatioIs 1622 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1622 income statement (TTM) | |
|---|---|
| Revenue | CN¥5.55b |
| Cost of Revenue | CN¥5.58b |
| Gross Profit | -CN¥28.79m |
| Other Expenses | CN¥1.70b |
| Earnings | -CN¥1.73b |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.49 |
| Gross Margin | -0.52% |
| Net Profit Margin | -31.19% |
| Debt/Equity Ratio | 745.6% |
How did 1622 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 18:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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
Redco Properties Group Limited is covered by 1 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.
| Analyst | Institution |
|---|---|
| Bonnie Zhou | Haitong International Research Limited |