IRC (HK:1029)
:1029
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IRC
(1029)
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Rating:41Neutral
Price Target:
HK$0.50
▲(0.00% Upside)
Action:ReiteratedDate:10/28/25
IRC's overall stock score of 41 reflects significant challenges, primarily driven by weak financial performance with declining revenue, net losses, and negative cash flows. Technical indicators further confirm a bearish trend, while a negative P/E ratio underscores valuation concerns. The low debt structure offers some stability, but it is not enough to offset the broader risks.
Positive Factors
Business Model Strength
IRC's diversified revenue streams from software sales, licensing, and support services provide a stable income base, enhancing resilience against market fluctuations.
Negative Factors
Declining Revenue
The declining revenue trend suggests challenges in market demand or competitive pressures, potentially impacting long-term growth prospects.
Read all positive and negative factors
Positive Factors
Negative Factors
Business Model Strength
IRC's diversified revenue streams from software sales, licensing, and support services provide a stable income base, enhancing resilience against market fluctuations.
Read all positive factors
IRC (1029) vs. iShares MSCI Hong Kong ETF (EWH)
Market Cap
HK$1.02B
Dividend YieldN/A
Average Volume (3M)453.60K
Price to Earnings (P/E)―
Beta (1Y)0.63
Revenue Growth2.05%
EPS Growth27.51%
CountryHK
Employees1,670
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.18
Shares Outstanding1,916,922,900
10 Day Avg. Volume644,013
30 Day Avg. Volume453,600
Financial Highlights & Ratios
PEG Ratio0.55
Price to Book (P/B)3.10
Price to Sales (P/S)4.43
P/FCF Ratio-50.81
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
IRC Business Overview & Revenue Model
Company Description
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 Dev...
How the Company Makes Money
IRC generates revenue through the sale of iron ore and other mineral resources, primarily targeting steel manufacturers and construction companies. The company's revenue model is built on direct sales contracts and long-term agreements with key cl...
IRC Financial Statement Overview
Summary
Income Statement
25
Negative
Balance Sheet
65
Positive
Cash Flow
20
Very Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 231.63M | 221.16M | 252.99M | 278.76M | 371.28M | 224.59M |
| Gross Profit | 25.75M | 180.10M | 196.55M | 255.08M | 344.26M | 195.77M |
| EBITDA | 19.99M | 9.18M | -118.30M | 46.89M | 163.91M | 71.13M |
| Net Income | -109.22M | -20.49M | -156.81M | -87.84M | 134.07M | 100.55M |
Balance Sheet | ||||||
| Total Assets | 277.24M | 445.83M | 451.04M | 593.95M | 709.15M | 681.12M |
| Cash, Cash Equivalents and Short-Term Investments | 29.88M | 60.73M | 56.56M | 37.03M | 52.13M | 20.38M |
| Total Debt | 28.54M | 44.93M | 67.38M | 78.25M | 116.29M | 209.30M |
| Total Liabilities | 62.73M | 130.45M | 162.06M | 145.68M | 192.77M | 298.83M |
| Stockholders Equity | 215.08M | 316.14M | 289.62M | 448.61M | 516.83M | 382.71M |
Cash Flow | ||||||
| Free Cash Flow | -20.88M | -19.26M | 15.57M | 17.29M | 151.89M | 58.16M |
| Operating Cash Flow | -609.00K | -1.91M | 55.26M | 31.74M | 165.10M | 63.97M |
| Investing Cash Flow | -21.48M | -15.88M | -15.06M | -14.12M | -13.75M | -1.08M |
| Financing Cash Flow | 3.86M | 16.14M | -19.25M | -30.54M | -119.90M | -45.47M |
IRC Technical Analysis
Negative
0.50
Price Trends
0.55
Negative
0.53
Positive
0.59
Negative
Market Momentum
>-0.01
Positive
42.76
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1029, the sentiment is Negative. The current price of 0.5 is below the 20-day moving average (MA) of 0.55, below the 50-day MA of 0.55, and below the 200-day MA of 0.59, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 42.76 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for HK:1029.
IRC Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
64 Neutral | HK$414.51B | 18.57 | 26.48% | 1.45% | -2.42% | 38.68% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
55 Neutral | HK$1.95B | -15.63 | ― | ― | 10.29% | 47.66% | |
52 Neutral | HK$103.75B | 166.81 | -4.82% | 2.80% | -39.59% | 69.00% | |
48 Neutral | HK$496.00M | 7.94 | 1.07% | ― | -23.72% | -196.49% | |
41 Neutral | HK$1.02B | -5.92 | -44.33% | ― | 2.05% | 27.51% | |
38 Underperform | HK$56.48M | -0.76 | -24.85% | ― | -27.07% | 47.86% |
* Basic Materials Sector Average
HK:1029
IRC
0.53
-0.22
-29.33%
HK:3993
CMOC Group
16.96
12.25
259.93%
HK:0769
China Rare Earth Holdings
0.70
0.31
79.49%
HK:9696
Tianqi Lithium Corp. Class H
46.52
26.27
129.73%
HK:2237
China Graphite Group Ltd.
0.31
0.01
3.33%
HK:6128
Graphex Group Limited
0.06
-0.20
-76.92%
IRC Corporate Events
IRC Receives 73% Take‑Up in Rights Issue, Sets Compensatory Placement for Unsubscribed Shares
Jan 21, 2026
IRC Limited, a Hong Kong‑incorporated company listed on the Stock Exchange of Hong Kong, is conducting a rights issue of new shares to existing shareholders on the basis of one rights share for every two existing shares held on the record da...
IRC Limited Announces Successful Passage of Rights Issue Resolution
Dec 16, 2025
IRC Limited, a company incorporated in Hong Kong, announced the successful passage of a resolution at its Extraordinary General Meeting (EGM) held on December 16, 2025. The resolution, which was approved by the independent shareholders, pertains t...
IRC Limited Announces Extraordinary General Meeting for Proposed Rights Issue
Nov 25, 2025
IRC Limited, a company incorporated in Hong Kong, has announced an Extraordinary General Meeting (EGM) to be held on December 16, 2025. The meeting will consider a proposed rights issue, which involves issuing new ordinary shares to existing share...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.