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Red Star Macalline Group Corporation Ltd Class H ( (HK:1528) ) has issued an update.
Red Star Macalline has warned that its loss for 2025 is expected to widen sharply to between RMB15.985 billion and RMB23.837 billion, with net loss attributable to shareholders projected at RMB15.36 billion to RMB22.86 billion, compared with a RMB3.492 billion net loss in 2024. The deeper losses are mainly driven by substantial fair value write-downs of investment properties and impairment charges of RMB4.5 billion to RMB5.7 billion, reflecting weakened rental expectations amid a prolonged downturn in China’s real estate sector and soft demand in the home furnishing market. Management has cut rents and management fees to retain and attract tenants, significantly pressuring rental income and property valuations, but stresses that these non-cash adjustments do not undermine cash-flow generation, improving occupancy, or operating cash inflows. In response to the tougher environment and in line with China’s upcoming “15th Five-Year Plan,” the company plans to reposition itself as a “new commercial operator for home living” and a service provider to the home furnishing ecosystem, aiming to upgrade its core home furnishing business, expand ecosystem services, and cultivate a second growth curve for both scale and value enhancement.
The most recent analyst rating on (HK:1528) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Red Star Macalline Group Corporation Ltd Class H stock, see the HK:1528 Stock Forecast page.
More about Red Star Macalline Group Corporation Ltd Class H
Red Star Macalline Group Corporation Ltd is a PRC-based, Sino-foreign joint stock company listed in Hong Kong that operates large-scale home furnishing and building materials shopping malls. The Group focuses on home furnishing retail and related property operations, deriving a significant portion of its revenue from rental and management income from tenants in the home living and décor industry.
Average Trading Volume: 15,508,825
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$12.08B
For a thorough assessment of 1528 stock, go to TipRanks’ Stock Analysis page.