Redco Properties Group Limited

SEHK:1622 Stock Report

Market Cap: HK$4.7b

Redco Properties Group Past Earnings Performance

Past criteria checks 1/6

Redco Properties Group has been growing earnings at an average annual rate of 2.6%, while the Real Estate industry saw earnings growing at 2.8% annually. Revenues have been growing at an average rate of 29.5% per year. Redco Properties Group's return on equity is 8.8%, and it has net margins of 1.7%.

Key information

2.6%

Earnings growth rate

2.6%

EPS growth rate

Real Estate Industry Growth2.8%
Revenue growth rate29.5%
Return on equity8.8%
Net Margin1.7%
Last Earnings Update30 Jun 2022

Recent past performance updates

Recent updates

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
Beta

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 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 164,6523403010
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
30 Sep 132,6873031180
31 Dec 121,551661220

Quality Earnings: 1622 has a large one-off gain of CN¥412.6M impacting its last 12 months of financial results to 30th June, 2022.

Growing Profit Margin: 1622's current net profit margins (1.7%) are lower than last year (9.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 1622's earnings have grown by 2.6% per year over the past 5 years.

Accelerating Growth: 1622's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1622 had negative earnings growth (-74.4%) over the past year, making it difficult to compare to the Real Estate industry average (-21.5%).


Return on Equity

High ROE: 1622's Return on Equity (8.8%) is considered low.


Return on Assets


Return on Capital Employed


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