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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$0.39 - HK$0.84
Previous CloseN/A
Volume3.08M
Average Volume (3M)453.60K
Market Cap
HK$766.77M
Enterprise ValueHK$80.83M
Total Cash (Recent Filing)HK$41.57M
Total Debt (Recent Filing)HK$41.81M
Price to Earnings (P/E)―
Beta0.74
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 LeverageA low debt-to-equity (~0.23) provides structural balance-sheet flexibility, lowering interest burden and preserving borrowing capacity. This durable strength supports the company’s ability to fund working capital or selective investments over the next 2–6 months without immediate refinancing stress.
Revenue ReboundAn 11.6% revenue recovery signals restored demand or market share after prior weakness, improving scale and the potential to leverage fixed costs. Sustained top-line growth, if maintained, is a durable driver for margin recovery and cash generation over the medium term.
Operating Cash Flow ImprovementPositive operating cash flow (~29.8M) indicates better cash conversion and working-capital management, reducing reliance on external funding. Durable OCF improvement enhances liquidity and gives management time to address profitability and invest selectively despite headline net losses.
Bears Say
Severe Profitability DeteriorationA collapse to ~-50.9% net margin reflects deep operating losses or large non-operating charges that destroy retained earnings and limit reinvestment capacity. Persistent severe losses undermine strategic options, constrain capital allocation, and pose a structural risk to sustainability over the next several months.
Collapsed Gross MarginA dramatic fall in gross margin to ~3.9% suggests acute pricing pressure, cost inflation, or重大 one-off adjustments that erode core profitability. Unless product mix, pricing, or cost structure are fixed, the company lacks durable margin headroom to cover fixed costs and recover net earnings.
Negative ROE And Shrinking EquityDeeply negative ROE (~-70.9%) and declining assets/equity indicate shareholder value erosion and a reduced loss-absorbing cushion. This structural deterioration limits strategic flexibility, raises future funding costs, and makes sustained recovery harder without meaningful profitability improvements or equity support.
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$766.77M.
When is IRC’s upcoming earnings report date?
IRC’s upcoming earnings report date is Sep 02, 2026 which is in 42 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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