Magnus Concordia Group Limited, an investment holding company, engages in the property, printing, and treasury businesses in Hong Kong, Mainland China, the United States, the United Kingdom, Canada, Germany, and internationally. It operates through Printing, Property Investment, and Treasury segments. The company engages in the development, sale, investment, and leasing of real estate properties; and manufacture and sale of printed products, including art books, packaging boxes, and children's books. It also invests and trades in debts, equity, and other instruments; provides asset management services; and offers management and treasury investment services. The company was formerly known as Midas International Holdings Limited and changed its name to Magnus Concordia Group Limited in June 2018. Magnus Concordia Group Limited was founded in 1990 and is headquartered in Wan Chai, Hong Kong.
Research context
Magnus Concordia Group Limited appears in PyInvesting’s Hong Kong Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- HKD
- Sector
- Real Estate
- Industry
- Real Estate - Development
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
5 years, 6 months ago
Magnus Concordia Group Limited is currently in a long term downtrend where the price is trading 11.5% below its 200 day moving average.
From a valuation standpoint, the stock is 77.7% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.5.
Magnus Concordia Group Limited's total revenue sank by 66.4% to $78M since the same quarter in the previous year.
Its net income has dropped by 163.2% to $-18M since the same quarter in the previous year.
Finally, its free cash flow grew by 45.1% to $-47M since the same quarter in the previous year.
Based on the above factors, Magnus Concordia Group Limited gets an overall score of 2/5.