Redco Properties Group Limited
Redco Properties Group Limited (1622.HK) Stock Overview
Explore Redco Properties Group Limited’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
493.7M
P/E Ratio
-0.16
EPS (TTM)
$-0.85
ROE
1.94%
1622.HK Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Redco Properties Group Limited (1622.HK) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of B, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
The current technical analysis reveals key indicators including an RSI of 51.07, suggesting the stock is in a neutral condition. Our forecasting models predict significant price movements, with a 12-month target of $0.30.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of -0.16 and a market capitalization of 493.7M. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Technical Indicators
Company Profile
Redco Properties Group Limited, an investment holding company, engages in the property development and investment activities in the People's Republic of China. The company operates through Greater Western Taiwan Straits Economic Zone; Central and Western Regions; Bohai Economic Rim; Greater Bay Area; and Others segments. 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 medical and healthcare services; cultural product design consulting services; and culture, education, and sports activities, as well as operation and management of cultural tourism projects. In addition, it provides property management and services, building decoration, telecommunication, trading, consultancy, enterprise management, and software invention services. The company was founded in 1992 and is headquartered in Shenzhen, the People's Republic of China.
Yeuk Hung Wong
3,635
Redco Building, Shenzhen
2014