Redco Properties Group Limited

SEHK:1622 Stock Report

Market Cap: HK$745.8m

Redco Properties Group Past Earnings Performance

Past criteria checks 0/6

Redco Properties Group's earnings have been declining at an average annual rate of -58.4%, while the Real Estate industry saw earnings declining at 1.5% annually. Revenues have been declining at an average rate of 0.4% per year.

Key information

-58.4%

Earnings growth rate

-58.4%

EPS growth rate

Real Estate Industry Growth2.8%
Revenue growth rate-0.4%
Return on equity-107.9%
Net Margin-31.2%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Some Confidence Is Lacking In Redco Properties Group Limited (HKG:1622) As Shares Slide 55%

Nov 27
Some Confidence Is Lacking In Redco Properties Group Limited (HKG:1622) As Shares Slide 55%

A Look At The Fair Value Of Redco Properties Group Limited (HKG:1622)

Jun 28
A Look At The Fair Value Of Redco Properties Group Limited (HKG:1622)

Redco Properties Group (HKG:1622) Takes On Some Risk With Its Use Of Debt

May 03
Redco Properties Group (HKG:1622) Takes On Some Risk With Its Use Of Debt

Redco Properties Group (HKG:1622) Seems To Be Using A Lot Of Debt

Dec 13
Redco Properties Group (HKG:1622) Seems To Be Using A Lot Of Debt

Is Redco Properties Group (HKG:1622) Using Too Much Debt?

Sep 06
Is Redco Properties Group (HKG:1622) Using Too Much Debt?

Shareholders Will Probably Not Have Any Issues With Redco Properties Group Limited's (HKG:1622) CEO Compensation

Jun 19
Shareholders Will Probably Not Have Any Issues With Redco Properties Group Limited's (HKG:1622) CEO Compensation

We Think Redco Properties Group (HKG:1622) Is Taking Some Risk With Its Debt

Mar 31
We Think Redco Properties Group (HKG:1622) Is Taking Some Risk With Its Debt

Redco Properties Group's (HKG:1622) Stock Price Has Reduced 21% In The Past Year

Mar 13
Redco Properties Group's (HKG:1622) Stock Price Has Reduced 21% In The Past Year

What To Know Before Buying Redco Properties Group Limited (HKG:1622) For Its Dividend

Feb 20
What To Know Before Buying Redco Properties Group Limited (HKG:1622) For Its Dividend

Can Redco Properties Group Limited's (HKG:1622) ROE Continue To Surpass The Industry Average?

Jan 31
Can Redco Properties Group Limited's (HKG:1622) ROE Continue To Surpass The Industry Average?

What Type Of Shareholders Own The Most Number of Redco Properties Group Limited (HKG:1622) Shares?

Jan 10
What Type Of Shareholders Own The Most Number of Redco Properties Group Limited (HKG:1622) Shares?

Redco Properties Group's (HKG:1622) Earnings Are Growing But Is There More To The Story?

Dec 23
Redco Properties Group's (HKG:1622) Earnings Are Growing But Is There More To The Story?

Is Redco Properties Group (HKG:1622) Using Too Much Debt?

Dec 10
Is Redco Properties Group (HKG:1622) Using Too Much Debt?

If You Had Bought Redco Properties Group's (HKG:1622) Shares A Year Ago You Would Be Down 26%

Nov 27
If You Had Bought Redco Properties Group's (HKG:1622) Shares A Year Ago You Would Be Down 26%

Revenue & Expenses Breakdown

How Redco Properties Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SEHK:1622 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 245,551-1,7318310
31 Mar 245,445-1,6449300
31 Dec 235,339-1,5561,0300
30 Sep 238,784-3,3331,1890
30 Jun 2312,229-5,1111,3490
31 Mar 2315,433-4,9371,5020
31 Dec 2218,636-4,7631,6550
30 Sep 2219,935-2,2041,7660
30 Jun 2221,2343541,8760
31 Mar 2220,8156191,9620
31 Dec 2120,3968842,0470
30 Sep 2117,6381,1341,9990
30 Jun 2114,8801,3841,9500
31 Mar 2113,6661,3401,7560
31 Dec 2012,4521,2961,5610
30 Sep 2013,1271,2461,3540
30 Jun 2013,8021,1961,1460
31 Mar 2011,2021,1161,0560
31 Dec 198,6021,0359650
30 Sep 197,5529398800
30 Jun 196,5018437950
31 Mar 196,6189177010
31 Dec 186,7369916080
30 Sep 186,0999815450
30 Jun 185,4639714830
31 Mar 186,0989174560
31 Dec 176,7348624290
30 Sep 176,3567553900
30 Jun 175,9776473520
31 Mar 175,6245493320
31 Dec 165,2704513110
30 Sep 164,6523443010
30 Jun 164,0342382910
31 Mar 163,7063192850
31 Dec 153,3784012800
30 Sep 153,6234512560
30 Jun 153,8675012330
31 Mar 153,6854242200
31 Dec 143,5033472070
30 Sep 143,2343712040
30 Jun 142,3532721850
31 Mar 142,6693361600
31 Dec 132,9854001350

Quality Earnings: 1622 is currently unprofitable.

Growing Profit Margin: 1622 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1622 is unprofitable, and losses have increased over the past 5 years at a rate of 58.4% per year.

Accelerating Growth: Unable to compare 1622's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1622 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-11%).

Return on Equity

High ROE: 1622 has a negative Return on Equity (-107.87%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 01:34
End of Day Share Price 2024/12/23 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

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.

AnalystInstitution
Bonnie ZhouHaitong International Research Limited