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1029 Stock Chart & Stats
HK$0.47
HK$0.02(4.44%)
At close: 4:00 PM EDT
HK$0.47
HK$0.02(4.44%)
Day’s Range― - ―
52-Week RangeHK$0.39 - HK$0.84
Previous CloseN/A
Volume189.00K
Average Volume (3M)453.60K
Market Cap
HK$862.62M
Enterprise ValueHK$80.83M
Total Cash (Recent Filing)HK$41.57M
Total Debt (Recent Filing)HK$41.81M
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Sep 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding1,916,922,900
10 Day Avg. Volume644,013
30 Day Avg. Volume453,600
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)4.20
Price to Sales (P/S)3.02
P/FCF Ratio-203.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Manageable LeverageDebt-to-equity near 0.23 provides measurable balance-sheet flexibility versus higher-leverage peers. Lower leverage reduces refinancing and interest-rate strain, giving management room to prioritize operational recovery, working capital and selective investments over urgent deleveraging.
Positive Operating Cash FlowOperating cash flow turning positive (~29.8M) signals improved cash conversion and working-capital management. Sustained positive OCF supports near-term liquidity, funds day-to-day operations and modest investments, and reduces immediate reliance on external financing while restructuring profits.
Revenue Rebound And Positive EBITDAAn 11.6% revenue rebound and a positive EBITDA margin (~6.8%) indicate core operations can generate operating profit before non-operating items. This suggests demand resilience and underlying operational viability if management can contain below-the-line charges and restore gross margins.
Bears Say
Sharp Net Loss And Margin CollapseThe company reported a very large net loss and a collapsed gross margin (3.9% in 2025 versus ~81.4% in 2024), indicating severe pricing, mix or cost pressures. Such deep margin deterioration is structural, likely to erode competitive positioning and capital if not reversed.
Negative Free Cash Flow And Insufficient Cash CoverFree cash flow turned negative (~-3.8M) and operating cash flow covers only ~0.43x of the net loss, meaning cash generation is insufficient to offset reported losses. Persistent negative FCF limits reinvestment, heightens financing needs, and constrains strategic optionality over months.
Negative ROE And Shrinking EquityROE around -70.9% and meaningful declines in assets and equity show shareholder value erosion and a shrinking capital buffer. A weakened equity base reduces resilience to further losses, raises solvency risk and limits the company’s ability to pursue growth or absorb additional shocks.
IRC News
1029 FAQ
What was IRC’s price range in the past 12 months?
IRC lowest stock price was HK$0.39 and its highest was HK$0.84 in the past 12 months.
What is IRC’s market cap?
IRC’s market cap is HK$862.62M.
When is IRC’s upcoming earnings report date?
IRC’s upcoming earnings report date is Sep 02, 2026 which is in 31 days.
How were IRC’s earnings last quarter?
IRC released its earnings results on Mar 25, 2026. The company reported -HK$0.18 earnings per share for the quarter, missing the consensus estimate of N/A by -HK$0.18.
Is IRC overvalued?
According to Wall Street analysts IRC’s price is currently Overvalued.
Does IRC pay dividends?
IRC does not currently pay dividends.
What is IRC’s EPS estimate?
IRC’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does IRC have?
IRC has 1,916,922,900 shares outstanding.
What happened to IRC’s price movement after its last earnings report?
IRC reported an EPS of -HK$0.18 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 1.852%.
Which hedge fund is a major shareholder of IRC?
Currently, no hedge funds are holding shares in HK:1029
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
IRC
IRC Limited, an investment holding company headquartered in Central, Hong Kong, since its incorporation in 2010, is engaged in the global development, production, and sale of industrial commodities. Its operations span Russia, the People's Republic of China, and international markets. The company organizes its business into four distinct segments: Mines in Production, Mines in Development, Engineering, and Other. The "Mines in Production" segment comprises operational iron ore projects, notably the Kimkan and Sutara sites located within the Obluchenskoye district of Russia's Jewish Autonomous Region in the Far East. For future growth, the "Mines in Development" segment oversees iron ore projects currently undergoing exploration and development, including the Garinskoye project in the Amur region, the Kostenginskoye project, and the Bolshoi Seym project, which specifically targets ilmenomagnetite, magnetite, and ilmenite deposits in the Tynda district of the Amur region, also in the Russian Far East. Providing expert services, the "Engineering" segment delivers technical mining research and consultancy. Finally, the "Other" segment handles the manufacturing of vanadium pentoxides and related products, among other ventures. Additionally, IRC Limited participates in general trading, financing, engineering, and procurement services, and is actively involved in the advancement of titanium sponge.
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