How does 2935's PS Ratio compare to its peers?

2935 is good value based on its Price-To-Sales Ratio (3x) compared to the peer average (5.1x).

How does 2935's PS Ratio compare vs other companies in the HK Real Estate Industry?

2935 is expensive based on its Price-To-Sales Ratio (3x) compared to the Hong Kong Real Estate industry average (0.6x).

What is 2935's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate 2935's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of 2935 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate 2935's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

2935 Stock Overview

An investment holding company, engages in the outlets commercial operation and development business in the People’s Republic of China. More details

2935 fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Risk Analysis

Shares are highly illiquid

Does not have meaningful revenue (HK$38M)

Does not have a meaningful market cap (HK$114M)

My Notes

Capture your thoughts, links and company narrative

Richly Field China Development Limited Competitors

ITC Properties Group

SEHK:199

HK$188.7m

Huijing Holdings

SEHK:9968

HK$73.6m

Grand Field Group Holdings

SEHK:115

HK$52.4m

DevGreat Group

SEHK:755

HK$148.8m

Price History & Performance

Summary of share price highs, lows and changes for Richly Field China Development
Historical stock prices
Current Share Price	HK$0.098
52 Week High	HK$0.14
52 Week Low	HK$0.09
Beta	0.051
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-21.60%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	2935	HK Real Estate	HK Market
7D	2.1%	-0.5%	1.9%
1Y	n/a	-1.4%	24.4%

Return vs Industry: Insufficient data to determine how 2935 performed against the Hong Kong Real Estate industry.

Return vs Market: Insufficient data to determine how 2935 performed against the Hong Kong Market.

Price Volatility

Is 2935's price volatile compared to industry and market?
2935 volatility
2935 Average Weekly Movement	n/a
Real Estate Industry Average Movement	5.7%
Market Average Movement	6.5%
10% most volatile stocks in HK Market	13.9%
10% least volatile stocks in HK Market	3.0%

Stable Share Price: 2935's share price has been volatile over the past 3 months compared to the Hong Kong market.

Volatility Over Time: Insufficient data to determine 2935's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1990	154	Yi Feng Li	www.richlyfieldchinagroup.com

Richly Field China Development Limited, an investment holding company, engages in the outlets commercial operation and development business in the People’s Republic of China. The company develops and operates featured commercial properties, including tourism and senior care properties, and wine chateaus; and develops and manages residential properties. It is also involved in the home furnishing business.

Richly Field China Development Limited Fundamentals Summary

How do Richly Field China Development's earnings and revenue compare to its market cap?
2935 fundamental statistics
Market cap	HK$114.35m
Earnings (TTM)	-HK$216.74m
Revenue (TTM)	HK$37.55m

3.0x

P/S Ratio

-0.5x

P/E Ratio

Is 2935 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2935 income statement (TTM)
Revenue	HK$37.55m
Cost of Revenue	HK$23.42m
Gross Profit	HK$14.13m
Other Expenses	HK$230.87m
Earnings	-HK$216.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.19
Gross Margin	37.62%
Net Profit Margin	-577.28%
Debt/Equity Ratio	314.9%

How did 2935 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/29 08:20
End of Day Share Price	2025/01/28 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Richly Field China Development Limited is covered by 0 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