1679

Risecomm Group HoldingsSEHK:1679 Stock Report

Market Cap

HK$232.1m

7D

-2.0%

1Y

-72.4%

Updated

16 Sep, 2021

Data

Company Financials
1679 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

1679 Overview

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

Summary of all time highs, changes and price drops for Risecomm Group Holdings
Historical stock prices
Current Share PriceHK$0.20
52 Week HighHK$0.17
52 Week LowHK$1.92
Beta-0.53
1 Month Change-6.67%
3 Month Change4.26%
1 Year Change-72.39%
3 Year Change-88.05%
5 Year Changen/a
Change since IPO-90.49%

Recent News & Updates

Mar 30
Is Risecomm Group Holdings (HKG:1679) Using Debt In A Risky Way?

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...

Shareholder Returns

1679HK SemiconductorHK Market
7D-2.0%-5.4%-4.1%
1Y-72.4%46.9%5.4%

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.

Price Volatility

Is 1679's price volatile compared to industry and market?
1679 volatility
1679 Beta-0.53
Industry Beta0.76
Market Beta1

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

FoundedEmployeesCEOWebsite
2006170n/ahttps://www.risecomm.com.cn

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

How do Risecomm Group Holdings's earnings and revenue compare to its market cap?
1679 fundamental statistics
Market CapCN¥191.80m
Earnings (TTM)-CN¥87.14m
Revenue (TTM)CN¥213.27m

0.9x

P/S Ratio

-2.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1679 income statement (TTM)
RevenueCN¥213.27m
Cost of RevenueCN¥174.68m
Gross ProfitCN¥38.58m
ExpensesCN¥125.72m
Earnings-CN¥87.14m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.088
Gross Margin18.09%
Net Profit Margin-40.86%
Debt/Equity Ratio122.7%

How did 1679 perform over the long term?

See historical performance and comparison

Valuation

Is Risecomm Group Holdings undervalued compared to its fair value and its price relative to the market?

1.9x

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).


Future Growth

How is Risecomm Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.9%

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.


Past Performance

How has Risecomm Group Holdings performed over the past 5 years?

-68.7%

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.


Financial Health

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.


Balance Sheet


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


Dividend

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.


Next Steps

Management

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

6.4yrs

Average management tenure


CEO

Risecomm Group Holdings has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 1679's management team is seasoned and experienced (6.4 years average tenure).


Board Members

Experienced Board: 1679's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

Company Information

Risecomm Group Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Risecomm Group Holdings Limited
  • Building 8
  • 41th Floor, Block A
  • Shenzhen
  • Guangdong Province
  • 518057
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 15:38
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.