Renco Holdings Group (SEHK:2323) - Stock Price, News & Analysis

2323 Stock Overview

An investment holding company, manufactures and sells printed circuit boards.

2323 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Earnings have grown 9.6% per year over the past 5 years

Risk Analysis

Highly volatile share price over the past 3 months

Negative shareholders equity

Does not have a meaningful market cap (HK$79M)

Renco Holdings Group Limited Competitors

China Silver Technology Holdings

SEHK:515

HK$95.6m

PanAsialum Holdings

SEHK:2078

HK$112.8m

Datronix Holdings

SEHK:889

HK$104.0m

Vertical International Holdings

SEHK:8375

HK$45.2m

Price History & Performance

Summary of all time highs, changes and price drops for Renco Holdings Group
Historical stock prices
Current Share Price	HK$0.03
52 Week High	HK$0.05
52 Week Low	HK$0.012
Beta	-3.31
1 Month Change	7.14%
3 Month Change	87.50%
1 Year Change	25.00%
3 Year Change	-86.36%
5 Year Change	-96.00%
Change since IPO	-97.30%

There's Reason For Concern Over Renco Holdings Group Limited's (HKG:2323) Massive 100% Price Jump

May 05

Renco Holdings Group Limited (HKG:2323) Stock Rockets 38% But Many Are Still Ignoring The Company

Mar 01

Market Might Still Lack Some Conviction On Renco Holdings Group Limited (HKG:2323) Even After 31% Share Price Boost

Dec 25

Recent updates

There's Reason For Concern Over Renco Holdings Group Limited's (HKG:2323) Massive 100% Price Jump

May 05

Renco Holdings Group Limited (HKG:2323) Stock Rockets 38% But Many Are Still Ignoring The Company

Mar 01

Market Might Still Lack Some Conviction On Renco Holdings Group Limited (HKG:2323) Even After 31% Share Price Boost

Dec 25

If You Had Bought Renco Holdings Group's (HKG:2323) Shares Three Years Ago You Would Be Down 90%

Nov 23

Shareholder Returns

	2323	HK Electronic	HK Market
7D	0%	4.2%	-1.8%
1Y	25.0%	-4.0%	-3.7%

Return vs Industry: 2323 exceeded the Hong Kong Electronic industry which returned -4% over the past year.

Return vs Market: 2323 exceeded the Hong Kong Market which returned -3.7% over the past year.

Price Volatility

Is 2323's price volatile compared to industry and market?
2323 volatility
2323 Average Weekly Movement	63.9%
Electronic Industry Average Movement	7.6%
Market Average Movement	7.2%
10% most volatile stocks in HK Market	15.3%
10% least volatile stocks in HK Market	3.7%

Stable Share Price: 2323's share price has been volatile over the past 3 months.

Volatility Over Time: 2323's weekly volatility has increased from 34% to 64% over the past year.

About the Company

Founded	Employees	CEO	Website
1985	752	Ivy Xing	www.renco.com.hk

Renco Holdings Group Limited, an investment holding company, manufactures and sells printed circuit boards. The company operates through three segments: Manufacturing, Treasury Investments, and Financial Services. It is also involved in the investment and trading of securities; fund investments and related activities; provision of financial assistance, advisory on securities, asset management, information system management and investment advisory, financial assistance; and consultancy and corporation solution services; and equity and debt investments.

Renco Holdings Group Limited Fundamentals Summary

How do Renco Holdings Group's earnings and revenue compare to its market cap?
2323 fundamental statistics
Market cap	HK$79.44m
Earnings (TTM)	-HK$376.29m
Revenue (TTM)	HK$257.69m

0.3x

P/S Ratio

-0.2x

P/E Ratio

Is 2323 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2323 income statement (TTM)
Revenue	HK$257.69m
Cost of Revenue	HK$381.96m
Gross Profit	-HK$124.28m
Other Expenses	HK$252.01m
Earnings	-HK$376.29m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	-48.23%
Net Profit Margin	-146.03%
Debt/Equity Ratio	-1,159.2%

How did 2323 perform over the long term?

See historical performance and comparison

2323 Stock Overview

Rewards

Risk Analysis

Renco Holdings Group Limited Competitors

SEHK:515

HK$95.6m

SEHK:2078

HK$112.8m

SEHK:889

HK$104.0m

SEHK:8375

HK$45.2m

Price History & Performance

Recent News & Updates

There's Reason For Concern Over Renco Holdings Group Limited's (HKG:2323) Massive 100% Price Jump

Renco Holdings Group Limited, Annual General Meeting, Jun 24, 2024

Full year 2023 earnings released: HK$0.14 loss per share (vs HK$0.19 loss in FY 2022)

Renco Holdings Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Renco Holdings Group Limited (HKG:2323) Stock Rockets 38% But Many Are Still Ignoring The Company

Market Might Still Lack Some Conviction On Renco Holdings Group Limited (HKG:2323) Even After 31% Share Price Boost

Recent updates

There's Reason For Concern Over Renco Holdings Group Limited's (HKG:2323) Massive 100% Price Jump

Renco Holdings Group Limited, Annual General Meeting, Jun 24, 2024

Full year 2023 earnings released: HK$0.14 loss per share (vs HK$0.19 loss in FY 2022)

Renco Holdings Group Limited to Report Fiscal Year 2023 Results on Mar 28, 2024

Renco Holdings Group Limited (HKG:2323) Stock Rockets 38% But Many Are Still Ignoring The Company

Market Might Still Lack Some Conviction On Renco Holdings Group Limited (HKG:2323) Even After 31% Share Price Boost

Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?

New major risk - Share price stability

Renco Holdings Group Limited Announces Resignation of Hung Yeung Alvi as Executive Director,Chairman of Executive Committee and Member of the Independent Investigation Committee

Health Check: How Prudently Does Renco Holdings Group (HKG:2323) Use Debt?

First half 2023 earnings released: HK$0.058 loss per share (vs HK$0.13 loss in 1H 2022)

Renco Holdings Group Limited to Report First Half, 2023 Results on Aug 30, 2023

Full year 2022 earnings released: HK$0.19 loss per share (vs HK$0.20 loss in FY 2021)

Renco Holdings Group Limited Announces Redesignation of Li Yongjun from A Non-Executive Director to an Executive Director with Effect from 17 February 2023

Less than half of directors are independent

Is Renco Holdings Group (HKG:2323) Weighed On By Its Debt Load?

First half 2022 earnings released: HK$0.13 loss per share (vs HK$0.098 loss in 1H 2021)

Renco Holdings Group Limited Provides Earnings Forecasts for the Six Months Ended 30 June 2022

Less than half of directors are independent

Renco Holdings Group Limited to Report First Half, 2022 Results on Aug 29, 2022

Renco Holdings Group Limited Appoints Xing Mengwei as Chief Executive Officer

Renco Holdings Group Limited Announces Board Changes

Renco Holdings Group Limited has completed a Follow-on Equity Offering in the amount of HKD 44 million.

Full year 2021 earnings released: HK$0.20 loss per share (vs HK$0.47 loss in FY 2020)

Renco Holdings Group Limited, Annual General Meeting, Jul 15, 2022

Now 20% undervalued

Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?

Full year 2021 earnings released: HK$0.21 loss per share (vs HK$0.47 loss in FY 2020)

Calculating The Intrinsic Value Of Renco Holdings Group Limited (HKG:2323)

Would Renco Holdings Group (HKG:2323) Be Better Off With Less Debt?

First half 2021 earnings released: HK$0.098 loss per share (vs HK$0.16 loss in 1H 2020)

Renco Holdings Group Limited Provides Group Earnings Guidance for the Six Months Ended 30 June 2021

Does Renco Holdings Group (HKG:2323) Have A Healthy Balance Sheet?

Full year 2020 earnings released: HK$0.47 loss per share (vs HK$0.30 loss in FY 2019)

Renco Holdings Group Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2020

Renco Holdings Group Limited to Report Fiscal Year 2020 Results on Mar 29, 2021

If You Had Bought Renco Holdings Group's (HKG:2323) Shares Three Years Ago You Would Be Down 90%

Huarong International Financial Holdings Limited (SEHK:993) completed the acquisition of 49.01% stake in Huarong Investment Stock Corporation Limited (SEHK:2277) from Jia Tianjiang, HKBridge Financial Holdings Limited (SEHK:2323) and other shareholders.

New 90-day low: HK$0.39

Huarong International Financial Holdings Limited (SEHK:993) entered into an agreement to acquire 49.01% stake in Huarong Investment Stock Corporation Limited (SEHK:2277) from Jia Tianjiang, HKBridge Financial Holdings Limited (SEHK:2323) and other shareholders for approximately HKD 370 million.

First half earnings released

New 90-day low: HK$0.42

First half earnings released

Renco Holdings Group Limited to Report First Half, 2020 Results on Aug 28, 2020

New 90-day low - HK$0.45

Eternal Glory Holdings Limited acquired additional 12% stake in HKBridge Financial Holdings Limited (SEHK:2323) from Youfu Investment Co., Ltd. for HKD 2.6 million.

Shareholder Returns

Price Volatility

About the Company

Renco Holdings Group Limited Fundamentals Summary

0.3x

-0.2x

Earnings & Revenue