Redco Properties Group Limited, an investment holding company, engages in the property development and investment activities in the People's Republic of China and Hong Kong. The company operates in five segments: Greater Western Taiwan Straits Economic Zone; Central and Western Regions; Bohai Economic Rim; Greater Bay Area; and Others. It develops residential and commercial properties. The company is also involved in the provision of construction design and cost consulting, construction and sea reclamation, project management, and diagnostic, medical, and surgical treatment services, as well as healthcare services; cultural product design consulting services; and operation and management of cultural tourism projects. In addition, it provides property management and services, building decoration, telecommunication, trading, consultancy, management, and software invention services. The company was founded in 1992 and is headquartered in Shenzhen, China.
Research context
Redco Properties 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
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5 years, 7 months ago
Redco Properties Group Limited is currently in a long term downtrend where the price is trading 17.2% below its 200 day moving average.
From a valuation standpoint, the stock is 88.0% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 0.7.
Redco Properties Group Limited's total revenue sank by 15.6% to $6B since the same quarter in the previous year.
Its net income has increased by 52.9% to $851M since the same quarter in the previous year.
Finally, its free cash flow fell by 125.0% to $-373M since the same quarter in the previous year.
Based on the above factors, Redco Properties Group Limited gets an overall score of 2/5.