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Red Star Macalline Group Corporation Ltd Class H
(1528)
Red Star Macalline Group Corporation Ltd Class H (1528) vs. iShares MSCI Hong Kong ETF (EWH)
Red Star Macalline Group Corporation Ltd Class H Business Overview & Revenue Model
Red Star Macalline Group Corporation Ltd Class H Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 6.93B | 7.82B | 11.51B | 14.14B | 15.51B | 14.24B |
| Gross Profit | 6.93B | 4.99B | 7.03B | 8.84B | 15.51B | 8.76B |
| EBITDA | 0.00 | -1.55B | 433.16M | 4.47B | 5.79B | 6.12B |
| Net Income | -3.63B | -2.98B | -2.41B | 678.57M | 1.96B | 1.73B |
Balance Sheet | ||||||
| Total Assets | 115.44B | 118.64B | 124.19B | 129.48B | 135.19B | 131.55B |
| Cash, Cash Equivalents and Short-Term Investments | 0.00 | 3.30B | 3.10B | 3.55B | 7.14B | 6.76B |
| Total Debt | 25.27B | 39.71B | 38.23B | 38.23B | 44.51B | 49.78B |
| Total Liabilities | 68.13B | 67.33B | 69.04B | 71.48B | 77.66B | 80.45B |
| Stockholders Equity | 44.40B | 48.20B | 49.62B | 54.45B | 53.98B | 48.62B |
Cash Flow | ||||||
| Free Cash Flow | 989.26M | 146.45M | 2.32B | 3.64B | 2.99B | 1.26B |
| Operating Cash Flow | 1.24B | 216.37M | 2.36B | 3.88B | 5.38B | 4.16B |
| Investing Cash Flow | -202.19M | 631.16M | 701.36M | 687.70M | -126.81M | -4.85B |
| Financing Cash Flow | -209.03M | -242.64M | -3.17B | -8.06B | -5.05B | -181.90M |
Red Star Macalline Group Corporation Ltd Class H Technical Analysis
Red Star Macalline Group Corporation Ltd Class H Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | HK$7.05B | 11.28 | 38.46% | 6.81% | 21.11% | 9.61% | |
| ― | HK$14.75B | 17.19 | 10.30% | 2.78% | -0.95% | 14.89% | |
| ― | HK$18.59B | 11.29 | 15.94% | 4.29% | 6.54% | 3.26% | |
| ― | $21.10B | 14.22 | 3.72% | 4.79% | 7.23% | ― | |
| ― | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% | |
| ― | HK$12.00B | 11.19 | 185.17% | ― | 4.74% | -21.33% | |
| ― | €11.79B | ― | -8.01% | ― | -31.69% | -0.19% |
Red Star Macalline Group Corporation Ltd Class H Corporate Events
Red Star Macalline Group Corporation Ltd. has announced a board meeting scheduled for October 30, 2025, to review and approve the company’s third-quarter results for the period ending September 30, 2025. This meeting is crucial for stakeholders as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and investor confidence.
Red Star Macalline Group Corporation Ltd announced the re-designation of Mr. CHE Jianxing from an executive director to a non-executive director, effective from October 13, 2025. This change follows his resignation as general manager, although he will continue to serve on the company’s nomination and strategy committees. Additionally, Mr. ZHU Jiagui has been appointed as the deputy general manager, bringing extensive experience from his previous roles within the company and other organizations. These leadership changes are expected to influence the company’s strategic direction and operational management.
Red Star Macalline Group Corporation Ltd has announced the composition of its board of directors, detailing the roles and functions of each member across various board committees. This announcement is crucial for stakeholders as it outlines the leadership structure, potentially impacting the company’s strategic direction and governance.
Red Star Macalline Group Corporation Ltd has entered into a Supplemental Contract Management Agreement with Shaanxi Hongrui, effective from September 30, 2025, to September 29, 2026. This agreement, which involves a fixed annual management fee of RMB1.50 million, is part of the company’s continuing connected transactions under the Listing Rules. The transactions are subject to annual review and reporting requirements but are exempt from independent shareholder approval due to their aggregated percentage ratios.
Red Star Macalline Group Corporation Ltd. announced that the detention measures previously imposed on its executive director, Mr. CHE Jianxing, have been lifted following a Notice of Lien Release from the Yunnan Provincial Supervisory Committee. The company will continue to monitor the situation and provide updates as necessary, which may impact its governance and stakeholder relations.
Red Star Macalline Group Corporation Ltd announced significant changes in its management team, with the resignation of Ms. QIU Zhe and Ms. NG Sau Mei from key positions due to personal career planning and work adjustments, respectively. Mr. YANG Yingwu will temporarily assume the responsibilities of the secretary of the Board, while Mr. LI Yupeng has been appointed as an Authorised Representative. Additionally, Ms. AU Ching has been appointed as the new company secretary and process agent, bringing extensive experience in corporate governance and compliance.
Red Star Macalline Group Corporation Ltd has entered into a Supplemental Contract Management Agreement with Jining Hongrui, effective from September 29, 2025, to August 31, 2026. This agreement involves providing contract management services for a fixed annual fee, impacting the company’s ongoing connected transactions and requiring adjustments to their annual financial caps, subject to specific regulatory requirements.
Red Star Macalline Group Corporation Ltd. announced the resignation of two non-executive directors, Ms. Xu Di and Mr. Song Guangbin, due to work reassignments. Their departure, effective immediately, does not involve any disagreements with the board. The company acknowledged their significant contributions to its strategic development and plans to appoint new directors following statutory procedures.
Red Star Macalline Group Corporation Ltd has announced the list of its board of directors and their respective roles within various board committees. This announcement outlines the leadership structure, which includes executive, non-executive, independent non-executive, and employee directors, indicating a comprehensive governance framework aimed at strategic oversight and operational efficiency.
Red Star Macalline Group Corporation Ltd announced the resignation of Mr. Che Guoxing from his position as deputy general manager to focus on personal affairs. The company acknowledged Mr. Che’s significant contributions during his tenure and expressed gratitude for his service, with no disagreements reported between him and the board.
Red Star Macalline Group Corporation Ltd reported a significant decline in its financial performance for the first half of 2025, with revenue dropping from RMB 4.22 billion in 2024 to RMB 3.34 billion in 2025. The company also reported an increased loss attributable to owners, rising from RMB 1.34 billion in 2024 to RMB 1.95 billion in 2025. Operationally, the number of shopping malls decreased from 352 to 311, and the company saw a reduction in the operating area of both portfolio and managed shopping malls. Despite these challenges, the average occupancy rate for portfolio shopping malls improved slightly to 84.2%.
In the first half of 2025, Red Star Macalline Group Corporation Ltd. reported operational changes across its shopping mall portfolio. The company closed two portfolio shopping malls and 22 managed malls, while opening one new managed mall and transferring several malls between different operational categories. These adjustments reflect strategic shifts in the company’s management of its retail spaces, potentially impacting its market positioning and stakeholder interests.
Red Star Macalline Group Corporation Ltd has announced the election of Mr. Zheng Jianjie as an employee director following a representative meeting held on August 21, 2025. Mr. Zheng, who joined the company in July 2025 as vice president overseeing internal audit and supervision, brings extensive experience from previous roles in various companies. His appointment is expected to strengthen the company’s governance and operational oversight, although he will not receive remuneration for this role.
Red Star Macalline Group Corporation Ltd. has announced the composition of its board of directors and their respective roles within various board committees. This organizational update is crucial for stakeholders as it reflects the company’s governance structure and strategic direction, potentially impacting its operational efficiency and market positioning.
Red Star Macalline Group Corporation Ltd has announced the composition of its board of directors, detailing the roles and functions of each member across various committees. This announcement is significant as it outlines the leadership structure and governance, which may impact the company’s strategic direction and operational efficiency.
Red Star Macalline Group Corporation Ltd has announced a board meeting scheduled for August 29, 2025, to review and approve the interim results for the first half of the year ending June 30, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.
Red Star Macalline Group Corporation Ltd held its 2025 fifth extraordinary general meeting on August 15, 2025, where all proposed resolutions were successfully passed by poll. Key resolutions included the appointment of a new non-executive director and amendments to various management rules, reflecting the company’s ongoing efforts to refine its governance structure and operational procedures. These changes are likely to impact the company’s governance and operational efficiency positively, potentially enhancing its market position and stakeholder confidence.