company background image
1622 logo

Redco Properties Group SEHK:1622 Stock Report

Last Price

HK$1.33

Market Cap

HK$4.7b

7D

0%

1Y

-31.4%

Updated

26 Jun, 2023

Data

Company Financials

Redco Properties Group Limited

SEHK:1622 Stock Report

Market Cap: HK$4.7b

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.

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

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$1.33
52 Week HighHK$2.29
52 Week LowHK$1.24
Beta0.028
1 Month Change0%
3 Month Change0.76%
1 Year Change-31.44%
3 Year Change-61.00%
5 Year Change-66.75%
Change since IPO1.92%

Recent News & 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%

Shareholder Returns

1622HK Real EstateHK Market
7D0%-0.2%-0.6%
1Y-31.4%-36.1%-14.0%

Return vs Industry: 1622 exceeded the Hong Kong Real Estate industry which returned -35.3% over the past year.

Return vs Market: 1622 underperformed the Hong Kong Market which returned -14.2% over the past year.

Price Volatility

Is 1622's price volatile compared to industry and market?
1622 volatility
1622 Average Weekly Movementn/a
Real Estate Industry Average Movement7.8%
Market Average Movement7.3%
10% most volatile stocks in HK Market14.6%
10% least volatile stocks in HK Market3.7%

Stable Share Price: 1622 has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine 1622's volatility change 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$4.72b
Earnings (TTM)HK$385.99m
Revenue (TTM)HK$23.17b

12.2x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
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
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.