Risecomm Group Holdings Limited, an investment holding company, designs and develops application-specific integrated circuits (ICs) in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.20|
|52 Week High||HK$0.17|
|52 Week Low||HK$1.92|
|1 Month Change||-6.67%|
|3 Month Change||4.26%|
|1 Year Change||-72.39%|
|3 Year Change||-88.05%|
|5 Year Change||n/a|
|Change since IPO||-90.49%|
Recent News & Updates
Is Risecomm Group Holdings (HKG:1679) Using Debt In A Risky Way?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|1679||HK Semiconductor||HK Market|
Return vs Industry: 1679 underperformed the Hong Kong Semiconductor industry which returned 52.8% over the past year.
Return vs Market: 1679 underperformed the Hong Kong Market which returned 7.3% over the past year.
Stable Share Price: 1679 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 1679's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
Risecomm Group Holdings Limited, an investment holding company, designs and develops application-specific integrated circuits (ICs) in the People’s Republic of China. It operates through two segments, Automated Meter Reading (AMR) and Other Business; and Smart Manufacturing & Industrial Automation System (SMIA) Business. The AMR Business segment designs, develops, and sells power-line communication ICs, modules, and devices; energy saving products; and environmental protection products and solutions that are used in streetlight control, building energy management, photovoltaic power management, etc. This segment also provides maintenance services in connection with the deployment and upgrading of AMR systems by power grid companies.
Risecomm Group Holdings Fundamentals Summary
|1679 fundamental statistics|
Is 1679 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1679 income statement (TTM)|
|Cost of Revenue||CN¥174.68m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.088|
|Net Profit Margin||-40.86%|
How did 1679 perform over the long term?See historical performance and comparison
Is Risecomm Group Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 1679's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 1679's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 1679 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Semiconductor industry average.
PE vs Market: 1679 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1679's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1679 is good value based on its PB Ratio (1.9x) compared to the HK Semiconductor industry average (2.4x).
How is Risecomm Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Semiconductors industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Risecomm Group Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Risecomm Group Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1679 is currently unprofitable.
Growing Profit Margin: 1679 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1679 is unprofitable, and losses have increased over the past 5 years at a rate of 68.7% per year.
Accelerating Growth: Unable to compare 1679's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1679 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (52%).
Return on Equity
High ROE: 1679 has a negative Return on Equity (-86.15%), as it is currently unprofitable.
How is Risecomm Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1679's short term assets (CN¥311.9M) do not cover its short term liabilities (CN¥392.3M).
Long Term Liabilities: 1679's short term assets (CN¥311.9M) exceed its long term liabilities (CN¥41.9M).
Debt to Equity History and Analysis
Debt Level: 1679's debt to equity ratio (122.7%) is considered high.
Reducing Debt: Insufficient data to determine if 1679's debt to equity ratio has reduced over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 1679 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 1679 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 39.2% each year
What is Risecomm Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1679's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1679'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 1679's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1679'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 1679's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Risecomm Group Holdings has no CEO, or we have no data on them.
Experienced Management: 1679's management team is seasoned and experienced (6.4 years average tenure).
Experienced Board: 1679's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.
Risecomm Group Holdings Limited's employee growth, exchange listings and data sources
- Name: Risecomm Group Holdings Limited
- Ticker: 1679
- Exchange: SEHK
- Founded: 2006
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: HK$232.052m
- Shares outstanding: 1.18b
- Website: https://www.risecomm.com.cn
Number of Employees
- Risecomm Group Holdings Limited
- Building 8
- 41th Floor, Block A
- Guangdong Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 15:38|
|End of Day Share Price||2021/09/16 00:00|
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.