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Red Star Macalline Group Corporation Ltd Class H
(Frankfurt: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 | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 7.82B | 11.51B | 14.14B | 15.51B | 14.24B | Gross Profit |
| 4.99B | 7.03B | 8.84B | 9.57B | 8.76B | EBIT |
| 2.56B | 1.98B | 5.02B | 5.80B | 5.70B | EBITDA |
| 0.00 | 433.16M | 4.47B | 5.79B | 6.12B | Net Income Common Stockholders |
| -2.98B | -2.41B | 678.57M | 1.96B | 1.73B |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 3.30B | 3.10B | 3.55B | 7.92B | 6.76B | Total Assets |
| 118.64B | 124.19B | 129.48B | 135.19B | 131.55B | Total Debt |
| 39.71B | 38.23B | 38.23B | 44.51B | 49.78B | Net Debt |
| 36.55B | 35.70B | 35.60B | 37.60B | 43.27B | Total Liabilities |
| 67.33B | 69.04B | 71.48B | 77.66B | 80.45B | Stockholders Equity |
| 48.20B | 49.62B | 54.45B | 53.98B | 47.56B |
| Cash Flow | Free Cash Flow | |||
| 146.45M | 2.32B | 3.64B | 2.99B | 1.26B | Operating Cash Flow |
| 216.37M | 2.36B | 3.88B | 5.38B | 4.16B | Investing Cash Flow |
| 631.16M | 701.36M | 687.70M | ― | ― | Financing Cash Flow |
| -242.64M | -3.17B | -8.06B | ― | ― |
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 |
|---|---|---|---|---|---|---|---|
76 Outperform | $87.51B | 19.03 | 13.20% | 2.63% | -9.60% | -27.18% | |
71 Outperform | HK$63.39B | 6.46 | 14.62% | 4.75% | 1.21% | 2.15% | |
66 Neutral | $86.74B | 45.71 | 6.14% | 12.95% | 7.63% | -24.23% | |
61 Neutral | $2.83B | 10.91 | 0.42% | 11.76% | 5.94% | -21.26% | |
55 Neutral | $4.01B | 18.77 | 1.44% | 55.23% | -14.25% | -65.33% | |
46 Neutral | HK$11.95B | ― | -6.64% | 2.39% | -35.35% | -14.20% | |
45 Neutral | HK$329.93M | ― | ― | -34.67% | -99.72% |
Red Star Macalline Group Corporation Ltd Class H Corporate Events
Red Star Macalline Group Corporation Ltd announced its operating statistics for the first quarter of 2025, revealing a dynamic shift in its shopping mall operations. The company closed one Portfolio Shopping Mall in Chongqing and opened a new Managed Shopping Mall in Taizhou, Jiangsu Province, while closing 11 other shopping malls across various provinces. These changes reflect the company’s ongoing strategic adjustments in its retail operations, impacting its market presence and stakeholder interests.
Red Star Macalline Group Corporation Ltd has announced the schedule for its 2024 annual general meeting (AGM), set for May 23, 2025, in Shanghai. The AGM will address key resolutions including the approval of the 2024 work and financial reports, profit distribution plans, and the re-appointment of auditors. This meeting is significant for stakeholders as it will outline the company’s financial strategies and governance decisions for the upcoming year.
Red Star Macalline Group Corporation Ltd reported its unaudited financial results for the first quarter of 2025, showing a decline in revenue to RMB 1.615 billion from RMB 2.111 billion in the same period of 2024. The company faced increased financial expenses and a significant loss from fair value changes, impacting its overall financial performance. Despite these challenges, the company recorded investment income, particularly from associates and joint ventures, and reduced impairment losses compared to the previous year.
Red Star Macalline Group Corporation Ltd. has announced that its board of directors will convene on April 29, 2025, to review and approve the company’s first quarterly results for the period ending March 31, 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting stakeholders and influencing its market position.
Red Star Macalline Group Corporation Ltd has entered into a Loan Framework Agreement with Xiamen C&D, which will provide a revolving facility of up to RMB9.5 billion for three years. This agreement, subject to approval by independent shareholders, will support the company’s operational activities and debt repayment, potentially enhancing its financial stability and market position.
Red Star Macalline Group Corporation Ltd announced that the resolution proposed at its 2025 second extraordinary general meeting was passed by a significant majority. The meeting, held in Shanghai, saw a high level of shareholder participation, with over 52% of shares represented. The resolution involved waivers of several voluntary undertakings, indicating a strategic move that could impact the company’s operational flexibility and stakeholder relations.
Red Star Macalline Group Corporation Ltd announced a provision for impairment of assets totaling RMB1,188,246,275.74 for the year 2024, which significantly impacts the company’s total profit by reducing it by RMB1,176,714,250.00. This move reflects the company’s adherence to the Accounting Standards for Business Enterprises and its accounting policies, addressing expected credit losses across various asset categories, including accounts receivable and contract assets. The impairment provisions are primarily due to the business management and construction decoration services segments, indicating a decrease in expected recoverable amounts from financial support projects.
Red Star Macalline Group Corporation Ltd announced its annual results for the year ending December 31, 2024, reporting a significant decrease in revenue and an increase in losses compared to the previous year. The company experienced a decline in the number of shopping malls and operating area, with a slight decrease in occupancy rates, indicating challenges in its operational performance and market positioning.
In its 2024 operating statistics announcement, Red Star Macalline Group Corporation Ltd. reported changes in its shopping mall operations, including the opening of new malls and the closure or transfer of others. The company opened one new Portfolio Shopping Mall in Chengdu and two Managed Shopping Malls, while closing six Portfolio Shopping Malls and 21 Managed Shopping Malls. Additionally, some malls were transferred between different operational categories, reflecting strategic adjustments in its retail operations.
Red Star Macalline Group Corporation Ltd. announced a change in its leadership, with Mr. ZHENG Yongda stepping down as chairman due to work adjustments, while continuing as a non-executive director. Mr. LI Yupeng has been re-designated from a non-executive director to an executive director and elected as the new chairman. This leadership transition is expected to maintain the company’s strategic direction and business development, leveraging Mr. LI’s experience from C&D Group to enhance operational management.
Red Star Macalline Group Corporation Ltd. has announced the composition and roles of its board of directors and board committees. This announcement outlines the leadership structure, which includes executive, non-executive, and independent non-executive directors, and their respective roles in various committees such as audit, remuneration, nomination, and strategy. This update is crucial for stakeholders as it clarifies the governance framework and decision-making hierarchy within the company, potentially impacting its strategic direction and operational efficiency.
Red Star Macalline Group Corporation Ltd. has announced a board meeting scheduled for March 27, 2025, to review and approve the company’s annual results for the year ending December 31, 2024. The meeting will also consider the potential payment of a final dividend, which could impact the company’s financial strategy and shareholder returns.
Red Star Macalline Group Corporation Ltd. has announced the scheduling of its 2025 second extraordinary general meeting (EGM) to be held on April 2, 2025, in Shanghai. The primary agenda of the meeting is to consider and approve the resolution regarding the waivers of several voluntary undertakings made by the company. This meeting is significant for stakeholders as it involves decisions that could impact the company’s operational commitments and strategic direction.
Red Star Macalline Group Corporation Ltd. announced its decision to waive several voluntary undertakings related to its real estate operations. This move is aimed at revitalizing the company’s assets and improving capital turnover by allowing pre-sale of project land and properties. The waivers are intended to enhance the company’s long-term operational capabilities without altering its main business focus, ensuring compliance with relevant laws and regulations, and safeguarding the interests of investors.
Red Star Macalline Group Corporation Ltd announced that the resolution to appoint Mr. LI Yupeng as a non-executive director was passed at its 2025 first extraordinary general meeting. The meeting complied with PRC Company Law and the Articles of Association, with significant shareholder participation, indicating strong governance and operational transparency.
Red Star Macalline Group Corporation Ltd. has announced the composition of its board of directors, detailing the roles and functions of each member. This announcement is pivotal for stakeholders as it outlines the governance structure, ensuring transparency and potentially impacting the strategic direction and operational efficiency of the company.