SEHK:1971

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Redsun Services Group

Executive Summary

Redsun Services Group Limited, an investment holding company, provides community services in Jiangsu Province, China. More Details


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.

Share Price & News

How has Redsun Services Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1971 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: Insufficient data to determine 1971's volatility change over the past year.


Market Performance


7 Day Return

-2.5%

1971

-1.9%

HK Real Estate

1.1%

HK Market


1 Year Return

n/a

1971

-8.3%

HK Real Estate

8.2%

HK Market

Return vs Industry: Insufficient data to determine how 1971 performed against the Hong Kong Real Estate industry.

Return vs Market: Insufficient data to determine how 1971 performed against the Hong Kong Market.


Shareholder returns

1971IndustryMarket
7 Day-2.5%-1.9%1.1%
30 Day-2.9%6.9%7.2%
90 Day-23.6%-3.0%5.2%
1 Yearn/a-3.4%-8.3%12.6%8.2%
3 Yearn/a-0.3%-12.9%0.4%-10.0%
5 Yearn/a45.0%14.7%30.6%8.5%

Long-Term Price Volatility Vs. Market

How volatile is Redsun Services Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Redsun Services Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1971 (HK$5.05) is trading below our estimate of fair value (HK$12.65)

Significantly Below Fair Value: 1971 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1971 is poor value based on its PE Ratio (21.5x) compared to the HK Real Estate industry average (8.4x).

PE vs Market: 1971 is poor value based on its PE Ratio (21.5x) compared to the Hong Kong market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: 1971 is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: 1971 is overvalued based on its PB Ratio (5.6x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

How is Redsun Services Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

56.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1971's forecast earnings growth (56.2% per year) is above the savings rate (1.6%).

Earnings vs Market: 1971's earnings (56.2% per year) are forecast to grow faster than the Hong Kong market (21.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1971's revenue (39.6% per year) is forecast to grow faster than the Hong Kong market (13.7% per year).

High Growth Revenue: 1971's revenue (39.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1971's Return on Equity is forecast to be high in 3 years time (22.7%)


Next Steps

Past Performance

How has Redsun Services Group performed over the past 5 years?

29.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 1971 has high quality earnings.

Growing Profit Margin: 1971's current net profit margins (9.6%) are lower than last year (10.8%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 1971's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 1971's past year earnings growth to its 5-year average.

Earnings vs Industry: 1971 earnings growth over the past year (29.7%) exceeded the Real Estate industry -0.6%.


Return on Equity

High ROE: 1971's Return on Equity (24%) is considered high.


Next Steps

Financial Health

How is Redsun Services Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1971's short term assets (CN¥506.9M) exceed its short term liabilities (CN¥304.9M).

Long Term Liabilities: 1971's short term assets (CN¥506.9M) exceed its long term liabilities (CN¥2.5M).


Debt to Equity History and Analysis

Debt Level: 1971 is debt free.

Reducing Debt: 1971 had no debt 5 years ago.

Debt Coverage: 1971 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1971 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Redsun Services Group current dividend yield, its reliability and sustainability?

2.92%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1971's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1971's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1971's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1971's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1971's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Guang Yang

no data

Tenure

Mr. Yang Guang is an Executive Director and Executive President at Redsun Services Group Limited.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: 1971 only recently listed within the past 12 months.


Top Shareholders

Company Information

Redsun Services Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Redsun Services Group Limited
  • Ticker: 1971
  • Exchange: SEHK
  • Founded: 2003
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: HK$2.121b
  • Shares outstanding: 415.00m
  • Website: https://www.rsunservice.hk

Number of Employees


Location

  • Redsun Services Group Limited
  • Hong Yang Building
  • 25th Floor
  • Nanjing
  • Jiangsu Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1971SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2020

Biography

Redsun Services Group Limited, an investment holding company, provides community services in Jiangsu Province, China. The company offers property management services, such as security, cleaning, greening a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 10:29
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.