Risecomm Group Holdings
Market Cap
HK$202.3m
Last Updated
2021/01/24 10:08 UTC
Data Sources
Company Financials
Executive Summary
Risecomm Group Holdings Limited, an investment holding company, designs and develops application-specific integrated circuits (ICs) in the People’s Republic of China. More Details
Risk Analysis
Snowflake Analysis
Adequate balance sheet and overvalued.
Share Price & News
How has Risecomm Group Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1679 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 26% a week.
Volatility Over Time: 1679's weekly volatility has increased from 20% to 26% over the past year.
Market Performance
7 Day Return
-6.0%
1679
8.0%
HK Semiconductor
3.6%
HK Market
1 Year Return
-80.5%
1679
127.9%
HK Semiconductor
15.8%
HK Market
Return vs Industry: 1679 underperformed the Hong Kong Semiconductor industry which returned 127.9% over the past year.
Return vs Market: 1679 underperformed the Hong Kong Market which returned 15.8% over the past year.
Shareholder returns
| 1679 | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.0% | 8.0% | 3.6% |
| 30 Day | -16.3% | 19.1% | 12.7% |
| 90 Day | -83.6% | 54.9% | 18.3% |
| 1 Year | -80.5%-80.5% | 129.8%127.9% | 20.4%15.8% |
| 3 Year | -94.4%-94.4% | 178.4%169.4% | -4.5%-14.6% |
| 5 Year | n/a | 379.2%344.7% | 66.1%37.9% |
Long-Term Price Volatility Vs. Market
How volatile is Risecomm Group Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Risecomm Group Holdings' (HKG:1679) Shareholders Are Down 53% On Their Shares3 months ago | Simply Wall St
Would Risecomm Group Holdings (HKG:1679) Be Better Off With Less Debt?5 months ago | Simply Wall St
Who Has Been Buying Risecomm Group Holdings Limited (HKG:1679) Shares?Valuation
Is Risecomm Group Holdings undervalued compared to its fair value and its price relative to the market?
1x
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 HK 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 (1x) compared to the HK Semiconductor industry average (1.7x).
Next Steps
Future Growth
How is Risecomm Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.3%
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.
Next Steps
- Examine Risecomm Group Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Risecomm Group Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Semiconductors industry.
Past Performance
How has Risecomm Group Holdings performed over the past 5 years?
-100.7%
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 100.7% 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 (36.4%).
Return on Equity
High ROE: 1679 has a negative Return on Equity (-149.16%), as it is currently unprofitable.
Next Steps
Financial Health
How is Risecomm Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1679's short term assets (CN¥315.6M) exceed its short term liabilities (CN¥129.2M).
Long Term Liabilities: 1679's short term assets (CN¥315.6M) exceed its long term liabilities (CN¥293.3M).
Debt to Equity History and Analysis
Debt Level: 1679's debt to equity ratio (70.6%) is considered high.
Reducing Debt: 1679's debt to equity ratio has increased from 0% to 70.6% 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 14% each year
Next Steps
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?
8.1yrs
Average management tenure
CEO
Risecomm Group Holdings has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director | 4.92yrs | CN¥1.26m | 9.48% CN¥ 19.2m | |
| Executive Director | 1.5yrs | CN¥1.47m | no data | |
| Company Secretary & Executive Director | no data | CN¥509.00k | no data | |
| Executive Vice President of Risecomm WFOE | no data | CN¥397.00k | no data | |
| CTO & VP - Old Cayman & Risecomm WFOE and GM of Risecomm Wuxi & Risecomm HK Technology | 10.33yrs | no data | no data | |
| VP & Chief Engineer of Risecomm WFOE | 8.33yrs | no data | no data | |
| Vice President - Risecomm WFOE | 11.92yrs | no data | no data | |
| Financial Controller of Risecomm WFOE | 7.83yrs | no data | no data | |
| Deputy Chief Engineer | no data | no data | no data | |
| Deputy Chief Engineer | no data | no data | no data | |
| Technical Director | no data | no data | no data | |
| Senior Engineer | no data | no data | no data |
8.1yrs
Average Tenure
53.5yo
Average Age
Experienced Management: 1679's management team is seasoned and experienced (8.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director | 4.92yrs | CN¥1.26m | 9.48% CN¥ 19.2m | |
| Executive Director | 1.5yrs | CN¥1.47m | no data | |
| Company Secretary & Executive Director | no data | CN¥509.00k | no data | |
| Independent Non-Executive Director | 3.67yrs | CN¥213.00k | no data | |
| Non-Executive Director | 4.92yrs | CN¥1.07m | no data | |
| Director of Risecomm WFOE | no data | no data | no data | |
| Chairman of the Board | 1.58yrs | CN¥225.00k | no data | |
| Independent Non-Executive Director | 1.67yrs | CN¥62.00k | no data | |
| Independent Non-Executive Director | 1.67yrs | CN¥62.00k | no data | |
| Non-Executive Director | 0.58yr | no data | no data |
1.7yrs
Average Tenure
48yo
Average Age
Experienced Board: 1679's board of directors are not considered experienced ( 1.7 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Risecomm Group Holdings Limited's company bio, 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$202.257m
- Shares outstanding: 986.62m
- Website: https://www.risecomm.com.cn
Number of Employees
Location
- Risecomm Group Holdings Limited
- Skyworth Building C501
- Hi-tech Industrial Park
- Shenzhen
- Guangdong Province
- 518057
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1679 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jun 2017 |
Biography
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, Auto...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/24 10:08 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.