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1622

Redco Properties Group SEHK:1622 Stock Report

Last Price

HK$1.92

Market Cap

HK$6.8b

7D

12.3%

1Y

-34.7%

Updated

05 Oct, 2022

Data

Company Financials
1622 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health3/6
Dividends0/6

1622 Stock Overview

Redco Properties Group Limited, an investment holding company, engages in the property development and investment activities in the People’s Republic of China.

Redco Properties Group Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Redco Properties Group
Historical stock prices
Current Share PriceHK$1.92
52 Week HighHK$3.03
52 Week LowHK$1.68
Beta0.064
1 Month Change5.50%
3 Month Change-1.54%
1 Year Change-34.69%
3 Year Change-48.80%
5 Year Change-48.94%
Change since IPO47.13%

Recent News & Updates

Shareholder Returns

1622HK Real EstateHK Market
7D12.3%-3.5%-4.5%
1Y-34.7%-36.7%-28.6%

Return vs Industry: 1622 exceeded the Hong Kong Real Estate industry which returned -36.7% over the past year.

Return vs Market: 1622 underperformed the Hong Kong Market which returned -28.6% over the past year.

Price Volatility

Is 1622's price volatile compared to industry and market?
1622 volatility
1622 Average Weekly Movement6.2%
Real Estate Industry Average Movement6.0%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.7%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 1622 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 1622's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19923,325Ruoqing Huanghttps://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. 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

How do Redco Properties Group's earnings and revenue compare to its market cap?
1622 fundamental statistics
Market CapHK$6.82b
Earnings (TTM)HK$390.41m
Revenue (TTM)HK$23.43b

17.5x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1622 income statement (TTM)
RevenueCN¥21.23b
Cost of RevenueCN¥17.59b
Gross ProfitCN¥3.64b
Other ExpensesCN¥3.29b
EarningsCN¥353.81m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.10
Gross Margin17.15%
Net Profit Margin1.67%
Debt/Equity Ratio110.0%

How did 1622 perform over the long term?

See historical performance and comparison