Redco Properties Group P/S 2024

Redco Properties Group P/S

0.09

Redco Properties Group Dividend yield

4.06 %

Ticker

1622.HK

ISIN

KYG733101318

WKN

A2DHWY

As of May 19, 2024, Redco Properties Group's P/S ratio stood at 0.09, a -88.75% change from the 0.8 P/S ratio recorded in the previous year.

The Redco Properties Group P/S history

Redco Properties Group Aktienanalyse

What does Redco Properties Group do?

Redco Properties Group Ltd is a company that operates in the real estate industry and is based in China. The company was founded in 1999 by Leung Chung Yin, who continues to be the CEO of the company. With around 20 years of experience in real estate development, Redco Properties Group Ltd has established a strong presence in China's real estate market. The business model of Redco Properties Group Ltd focuses on the development, construction, and sale of residential and commercial properties in China. The company's main focus is on developing properties in emerging urban areas with a lot of growth potential. The emphasis is on creating high-quality and affordable housing and office buildings that meet the needs of customers. Redco Properties Group Ltd has various business segments that focus on different segments of the real estate market. The residential property segment of Redco Properties Group Ltd focuses on the construction of single-family homes, condominiums, and urban apartments. The office properties of Redco Properties Group Ltd include office towers, business centers, and coworking areas. In recent years, the company has focused on developing properties in emerging urban areas. There are many reasons for this. One of these reasons is the strong demand for residential and commercial properties in these areas. Another reason is that these areas often have more room for growth. When Redco Properties Group Ltd builds in an emerging area, the company has the opportunity to shape the landscape and develop the infrastructure. Redco Properties Group Ltd offers its customers various products and services. The company offers residential and commercial properties for sale. The company also has a subsidiary that specializes in the rental of commercial properties. Redco Properties Group Ltd also offers property management services. These services include property leasing and management, as well as maintenance and repair services. Overall, Redco Properties Group Ltd is a company that focuses on the development of residential and commercial properties in China. The company has established a strong presence in the Chinese real estate market in recent years and focuses on creating high-quality and affordable housing and office buildings. Redco Properties Group Ltd has various business segments that focus on different segments of the real estate market. The company offers its customers various products and services, including residential and commercial properties for sale and rental, as well as property management services. Redco Properties Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Redco Properties Group's P/S Ratio

Redco Properties Group's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Redco Properties Group's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Redco Properties Group's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Redco Properties Group’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Redco Properties Group Stock

What is the price-to-earnings ratio of Redco Properties Group?

The price-earnings ratio of Redco Properties Group is currently 0.09.

How has the price-earnings ratio of Redco Properties Group changed compared to last year?

The price-to-earnings ratio of Redco Properties Group has increased by -88.75% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Redco Properties Group high compared to other companies?

Yes, the price-to-earnings ratio of Redco Properties Group is high compared to other companies.

How does an increase in the price-earnings ratio of Redco Properties Group affect the company?

An increase in the price-earnings ratio of Redco Properties Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Redco Properties Group affect the company?

A decrease in the price-earnings ratio of Redco Properties Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Redco Properties Group?

Some factors that influence the price-earnings ratio of Redco Properties Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Redco Properties Group pay?

Over the past 12 months, Redco Properties Group paid a dividend of 0.05 CNY . This corresponds to a dividend yield of about 4.06 %. For the coming 12 months, Redco Properties Group is expected to pay a dividend of 0 CNY.

What is the dividend yield of Redco Properties Group?

The current dividend yield of Redco Properties Group is 4.06 %.

When does Redco Properties Group pay dividends?

Redco Properties Group pays a quarterly dividend. This is distributed in the months of October, July, July, July.

How secure is the dividend of Redco Properties Group?

Redco Properties Group paid dividends every year for the past 2 years.

What is the dividend of Redco Properties Group?

For the upcoming 12 months, dividends amounting to 0 CNY are expected. This corresponds to a dividend yield of 0 %.

In which sector is Redco Properties Group located?

Redco Properties Group is assigned to the 'Real Estate' sector.

Wann musste ich die Aktien von Redco Properties Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Redco Properties Group from 7/14/2021 amounting to 0.05 CNY, you needed to have the stock in your portfolio before the ex-date on 6/29/2021.

When did Redco Properties Group pay the last dividend?

The last dividend was paid out on 7/14/2021.

What was the dividend of Redco Properties Group in the year 2023?

In the year 2023, Redco Properties Group distributed 0 CNY as dividends.

In which currency does Redco Properties Group pay out the dividend?

The dividends of Redco Properties Group are distributed in CNY.

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Andere Kennzahlen von Redco Properties Group

Our stock analysis for Redco Properties Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Redco Properties Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.