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Ruicheng (China) Media Group Limited
(1640)
Ruicheng (China) Media Group Limited (1640) vs. iShares MSCI Hong Kong ETF (EWH)
Ruicheng (China) Media Group Limited Business Overview & Revenue Model
Ruicheng (China) Media Group Limited Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 356.83M | 378.71M | 412.66M | 441.05M | 446.99M |
| Gross Profit | 22.50M | 23.57M | 10.63M | 20.57M | 37.45M |
| EBITDA | -79.86M | -26.51M | -27.11M | 12.65M | 228.00K |
| Net Income | -123.70M | -23.47M | -11.38M | 445.00K | 2.84M |
Balance Sheet | |||||
| Total Assets | 459.19M | 575.66M | 574.16M | 404.27M | 407.41M |
| Cash, Cash Equivalents and Short-Term Investments | 33.97M | 17.85M | 5.08M | 34.87M | 17.77M |
| Total Debt | 96.64M | 148.98M | 117.18M | 116.29M | 126.69M |
| Total Liabilities | 305.39M | 392.88M | 368.04M | 186.48M | 190.09M |
| Stockholders Equity | 153.82M | 182.79M | 206.26M | 217.64M | 217.20M |
Cash Flow | |||||
| Free Cash Flow | 53.88M | -36.50M | -33.33M | 11.66M | -89.89M |
| Operating Cash Flow | 53.96M | -36.50M | -33.33M | 11.66M | -89.87M |
| Investing Cash Flow | 2.29M | 156.00K | 623.00K | 29.38M | -12.83M |
| Financing Cash Flow | -40.13M | 49.12M | 2.92M | -7.25M | 35.74M |
Ruicheng (China) Media Group Limited Technical Analysis
Ruicheng (China) Media Group Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | HK$3.95B | 38.21 | 6.63% | 0.61% | 26.80% | 1.89% | |
56 Neutral | HK$2.34B | 103.00 | 28.69% | 0.68% | -2.02% | 29.82% | |
55 Neutral | HK$63.09B | -0.94 | -4.02% | 5.55% | -3.40% | -16.18% | |
52 Neutral | HK$1.18B | 431.25 | 0.17% | ― | 22.80% | -87.20% | |
51 Neutral | HK$2.68B | ― | -73.54% | ― | -7.89% | -272.08% | |
44 Neutral | HK$600.00M | 130.30 | -10.11% | ― | 26.37% | -334.75% | |
38 Underperform | HK$276.05M | ― | -18.09% | ― | -21.44% | -48.73% |
Ruicheng (China) Media Group Limited Corporate Events
Qian Xun Technology Limited, a company listed on the Hong Kong Stock Exchange, has announced a significant increase in its unaudited consolidated net profit after tax for the first half of 2025. The company expects to report a net profit between RMB49.6 million and RMB53.6 million, a substantial rise from RMB5.4 million in the same period last year. This growth is primarily driven by the e-commerce business of used electronic products acquired in August 2024, contributing over RMB620 million in revenue. Additionally, the company anticipates a non-recurring gain from the deconsolidation of a subsidiary. However, these figures are preliminary and subject to finalization.
Qian Xun Technology Limited, incorporated in the Cayman Islands, has announced a board meeting scheduled for August 27, 2025. The meeting will focus on approving the unaudited interim results for the first half of 2025 and considering the payment of an interim dividend, which could impact the company’s financial strategy and shareholder returns.
Qian Xun Technology Limited, a company incorporated in the Cayman Islands, has announced a change in its principal place of business in Hong Kong. The new location is Unit 25B02 on the 25th Floor of the Far East Finance Center, effective from July 16, 2025. This move may reflect strategic operational adjustments and could have implications for the company’s logistical or administrative functions.
Qian Xun Technology Limited, a company incorporated in the Cayman Islands, has announced a strategic cooperation with Shenzhen Aizuji Technology Co., Ltd., a domestic leasing platform. This partnership aims to develop a pioneering product in the mobile phones and tablets leasing sector, utilizing RWA and blockchain technology for ‘3C Leasing Asset Tokenization’. This initiative is expected to enhance Qian Xun’s market positioning in the RWA and stablecoin sectors, offering new business growth opportunities and improving the liquidity and value discovery of traditional leased assets.
Qian Xun Technology Limited has entered into a strategic collaboration with Roofer Securities to explore opportunities in the virtual asset trading market and the tokenization of Real World Assets (RWA). This partnership aims to leverage both companies’ strengths to apply for virtual asset trading licenses, innovate RWA business models, and introduce stablecoins for settlement and payment, enhancing their market influence and operational efficiency in Hong Kong’s evolving fintech landscape.
Ruicheng (China) Media Group Limited has revised the terms of reference for the Nomination Committee of its Board of Directors, initially adopted in 2019. The updated terms emphasize the inclusion of independent non-executive directors and gender diversity within the committee, reflecting a commitment to governance and inclusivity.
Qian Xun Technology Limited announced the successful conclusion of its annual general meeting held on June 25, 2025, where all proposed resolutions were passed unanimously by shareholders. The meeting included the re-election of several directors, the appointment of a new executive director, and the re-appointment of the company’s auditor. Additionally, general mandates were granted to the board for share issuance and buyback, reflecting a strong consensus among shareholders and potentially enhancing the company’s strategic flexibility.
Qian Xun Technology Limited, formerly known as Ruicheng (China) Media Group Limited, has announced its upcoming annual general meeting scheduled for June 25, 2025, in Hong Kong. The meeting will address several key resolutions, including the adoption of financial statements for 2024, the re-election and election of directors, and the re-appointment of the company’s auditor. Additionally, the meeting will consider authorizing the board to issue additional shares, which could impact the company’s capital structure and shareholder value.