IRC (HK:1029)
:1029
Want to see HK:1029 full AI Analyst Report?
1029 Stock Chart & Stats
HK$0.50
<HK$0.01(3.57%)
At close: 4:00 PM EST
HK$0.50
<HK$0.01(3.57%)
Day’s Range― - ―
52-Week RangeHK$0.46 - HK$0.84
Previous CloseN/A
Volume3.08M
Average Volume (3M)453.60K
Market Cap
HK$958.46M
Enterprise ValueHK$82.51M
Total Cash (Recent Filing)HK$41.57M
Total Debt (Recent Filing)HK$41.81M
Price to Earnings (P/E)―
Beta0.66
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
Revenue RecoveryA revenue rebound of +11.6% in 2025 signals recovering demand or improved sales execution. Sustained top-line growth over several quarters supports scale, helps absorb fixed costs, and provides a base to rebuild margins and operating leverage over the medium term.
Manageable LeverageLow debt-to-equity (~0.23) provides financial flexibility to fund restructuring, working capital, or strategic investments without excessive interest burden. A conservative capital structure reduces bankruptcy risk and supports durability through cyclical industry stress.
Positive Operating Cash FlowPositive operating cash flow (~29.8M) indicates improved cash conversion and working-capital management. Consistent operational cash generation is a durable source to cover near-term obligations and fund reinvestment, reducing reliance on external financing if maintained.
Bears Say
Severe Profitability CollapseA collapse in gross margin to ~3.9% and net margin to -50.9% reflects deep pricing, cost, or mix issues that threaten core profitability. Such structural margin deterioration undermines long-term viability unless the company restores pricing power or materially cuts cost base.
Deeply Negative ROE And Shrinking EquityROE of approximately -70.9% and falling equity indicate the company is destroying shareholder value and losing balance-sheet cushion. Declining assets and equity reduce capacity to absorb future losses, constrain strategic options, and may impair access to capital.
Negative Free Cash Flow And Cash Shortfall Vs LossesNegative free cash flow and operating cash flow covering only ~43% of the net loss highlight a mismatch between accounting losses and cash generation. Persistent FCF deficits limit reinvestment capacity and increase reliance on financing, raising long-term solvency risks if not reversed.
IRC News
1029 FAQ
What was IRC’s price range in the past 12 months?
IRC lowest stock price was HK$0.46 and its highest was HK$0.84 in the past 12 months.
What is IRC’s market cap?
IRC’s market cap is HK$958.46M.
When is IRC’s upcoming earnings report date?
IRC’s upcoming earnings report date is Sep 02, 2026 which is in 104 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, develops, produces, and sells industrial commodities products in the Russia, People's Republic of China, and internationally. The company operates through four segments: Mines in Production, Mines in Development, Engineering, and Other. The Mines in Production segment comprises iron ore projects in production phase, which include the Kimkan and Sutara project located in the Obluchenskoye district of the Jewish Autonomous Region in the Russian Far East. The Mines in Development segment consists of iron ore projects in the exploration and development phase comprising the Garinskoye project that focuses on iron ore deposits in the Amur region; Kostenginskoye project; and the Bolshoi Seym project that explores for ilmenomagnetite, magnetite, and ilmenite located in the located in the Tynda district of Amur region in the Russian Far East region. The Engineering segment provides technical mining research and consultancy services. The Other segment engages in the production of vanadium pentoxides and related products, and other projects. It is also involved in the provision of general trading, financing, engineering, and procurement services; and development of titanium sponge. The company was incorporated in 2010 and is headquartered in Central, Hong Kong.
Technical Analysis
CMOC Group
―
China Rare Earth Holdings
―
Tianqi Lithium Corp. Class H
―
China Graphite Group Ltd.
―
Graphex Group Limited
―