OTCPK:RTAS

Stock Analysis Report

Executive Summary

REDtone Asia, Inc., together with its subsidiaries, provides telecommunications services for mobile, fixed, and international gateway services in the People’s Republic of China.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • REDtone Asia has significant price volatility in the past 3 months.
  • REDtone Asia's last earnings update was 1091 days ago.
  • REDtone Asia is not covered by any analysts.

Share Price & News

How has REDtone Asia's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:RTAS

-2.9%

US Telecom

-0.02%

US Market


1 Year Return

n/a

OTCPK:RTAS

7.9%

US Telecom

1.6%

US Market

No trading data on RTAS.

No trading data on RTAS.


Share holder returns

RTASIndustryMarket
7 Day0%-2.9%-0.02%
30 Day-62.0%4.4%2.7%
90 Day-6.9%8.4%1.4%
1 Yearn/a13.6%7.9%3.8%1.6%
3 Yearn/a15.6%-1.2%45.2%35.8%
5 Yearn/a33.5%2.9%61.8%44.1%

Price Volatility Vs. Market

How volatile is REDtone Asia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is REDtone Asia undervalued based on future cash flows and its price relative to the stock market?


In this section, we usually try to help investors determine whether REDtone Asia is trading at an attractive price based on the cash flow it is expected to produce in the future. But as REDtone Asia has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Examine REDtone Asia'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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through REDtone Asia regulatory filings here.
  • Explore potentially undervalued companies in the Telecom industry.

Future Growth

How is REDtone Asia expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.9%

Forecasted Telecom 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 REDtone Asia 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

Past Performance

How has REDtone Asia performed over the past 5 years?

0.09%

Historical Telecom annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Insufficient past earnings data to establish if REDtone Asia's year on year earnings growth rate was positive over the past 5 years.

Unable to compare REDtone Asia's 1-year growth to the 5-year average as past earnings data has not been reported.

Unable to compare REDtone Asia's 1-year growth to the US Telecom industry average as past earnings data has not been reported.


Return on Equity

Unable to establish if REDtone Asia has efficiently used shareholders’ funds last year as no Return on Equity data is available.


Return on Assets

Unable to establish if REDtone Asia has efficiently used its assets last year compared to the US Telecom industry average (Return on Assets) as past financial data has not been reported.


Return on Capital Employed

Unable to establish if REDtone Asia improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is REDtone Asia's financial position?


In this section we usually analyse REDtone Asia's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. REDtone Asia has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

Dividend

What is REDtone Asia's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate REDtone Asia's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate REDtone Asia's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as REDtone Asia has not reported any payouts.

Unable to verify if REDtone Asia's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as REDtone Asia has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of REDtone Asia's salary, the management and board of directors tenure and is there insider trading?


CEO

Wa Faat Chan (47yo)

2.8yrs

Tenure

0

Mr. Wa Faat Chan has been Chief Executive Officer and Chief Financial Officer at REDtone Asia, Inc. since November 01, 2016. Mr. Chan is Co-Owner of Million Vision Development International Ltd. He has bee ...


Insider Trading

No 3 month open market individual insider trading information.


Management Team

  • Mao Hong

    Chief Operating Officer

    • Tenure: 0yrs
  • Ho Meng

    Executive Director

    • Tenure: 3.8yrs
  • Wa Faat Chan (47yo)

    Chief Executive Officer

    • Tenure: 2.8yrs

Board Members

  • Ho Meng

    Executive Director

    • Tenure: 3.8yrs
  • Wa Faat Chan (47yo)

    Chief Executive Officer

    • Tenure: 2.8yrs

Company Information

REDtone Asia, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: REDtone Asia, Inc.
  • Ticker: RTAS
  • Exchange: OTCPK
  • Founded:
  • Industry: Integrated Telecommunication Services
  • Sector: Telecom
  • Market Cap: US$52.595m
  • Shares outstanding: 282.32m
  • Website: https://www.redtoneasia.com

Number of Employees


Location

  • REDtone Asia, Inc.
  • Hualin Building
  • 12th Floor
  • Shanghai
  • 200235
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RTASOTCPK (Pink Sheets LLC)YesCommon StockUSUSDSep 2010

Biography

REDtone Asia, Inc., together with its subsidiaries, provides telecommunications services for mobile, fixed, and international gateway services in the People’s Republic of China. The company offers a range  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 00:14
End of Day Share Price2019/09/05 00:00
Earnings2016/07/31
Annual Earnings2016/04/30


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.