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1622 logo

Redco Properties Group SEHK:1622 Stock Report

Last Price

HK$0.21

Market Cap

HK$745.8m

7D

-7.9%

1Y

n/a

Updated

23 Dec, 2024

Data

Company Financials

Redco Properties Group Limited

SEHK:1622 Stock Report

Market Cap: HK$745.8m

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

1622 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Redco Properties Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Redco Properties Group
Historical stock prices
Current Share PriceHK$0.21
52 Week HighHK$0.80
52 Week LowHK$0.21
Beta0.31
1 Month Change-40.00%
3 Month Changen/a
1 Year Changen/a
3 Year Change-91.76%
5 Year Change-94.10%
Change since IPO-83.91%

Recent News & 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%

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%

Shareholder Returns

1622HK Real EstateHK Market
7D-7.9%-4.3%-0.5%
1Yn/a-10.3%19.9%

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

Is 1622's price volatile compared to industry and market?
1622 volatility
1622 Average Weekly Movement20.5%
Real Estate Industry Average Movement9.8%
Market Average Movement8.8%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market4.1%

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

FoundedEmployeesCEOWebsite
19922,753Ruoqing Huangwww.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

How do Redco Properties Group's earnings and revenue compare to its market cap?
1622 fundamental statistics
Market capHK$745.84m
Earnings (TTM)-HK$1.84b
Revenue (TTM)HK$5.91b

0.1x

P/S Ratio

-0.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1622 income statement (TTM)
RevenueCN¥5.55b
Cost of RevenueCN¥5.58b
Gross Profit-CN¥28.79m
Other ExpensesCN¥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 Ratio745.6%

How did 1622 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 19:28
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