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    Real estate development
Redsun Properties Group Ltd.

Redsun Properties Group Ltd.

HHKEX:1996
0.03
HKD
+0.00
(-3.85%)
217.01MMarket Cap
Apr 01Next Earn
Redsun Properties Group Ltd.
HKEX:1996
(Hong Kong Exchange)

Recent

price

0.03

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
CNY
1.68
2.74
1.92
4.34
4.57
6.07
8.01
5.99
5.93
3.39
1.29
- -
Revenue per Share
0.42
0.29
0.38
0.66
0.44
0.5
0.37
-1.16
-2.16
-1.5
-1.23
- -
Basic EPS, GAAP
0.74
0.27
-1.13
-1.38
0.27
-0.78
0.1
0.48
0.09
-0.14
0.01
- -
Free Cash Flow per Basic Share
- -
- -
0.09
- -
0.09
0.11
0.12
- -
- -
- -
- -
- -
Dividend per Share
1.48
1.77
2.59
3.82
4.18
4.57
4.72
3.57
1.4
-0.13
-1.36
-0.13
Book Value per Share
1.48
1.77
2.59
3.82
4.18
4.57
4.72
3.57
1.4
-0.13
-1.37
-0.13
Tangible Book Value per Share
3,200
3,200
3,200
2,130
3,320
3,319
3,331
3,339
3,339
3,339
3,339
3,339
Basic Weighted Avg Shares
5,377
8,775
6,140
9,239
15,170
20,159
26,667
20,013
19,795
11,306
4,316
- -
Sales/Revenue/Turnover
35.54
24.04
31.72
20.14
13.68
12.87
11.95
1.53
-7.77
-6.07
-25.89
- -
Operating Margin (%)
75
71
63
81
128
110
110
97
53
31
17
- -
Depreciation Expense
1,329
931
1,221
1,412
1,468
1,661
1,246
-3,882
-7,215
-5,022
-4,122
- -
Net Income, GAAP
40.1
43.97
37.11
39.18
40.2
41.29
40.3
- -
- -
- -
- -
- -
Effective Tax Rate (%)
24.71
10.61
19.88
15.29
9.67
8.24
4.67
-19.39
-36.45
-44.42
-95.51
- -
Profit Margin (%)
943
3,420
6,212
13,664
17,422
25,881
27,948
7,003
-983
-6,256
-10,487
-6,256
Working Capital
3,266
5,195
6,993
11,093
18,046
22,612
24,413
9,054
5,046
4,127
3,291
4,127
LT Debt
4,745
5,656
8,457
13,850
18,046
27,404
31,746
23,798
14,824
7,174
1,991
7,174
Total Equity
- -
9.3
6.91
3.87
2.84
2.94
2.88
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
9.51
9.11
6.46
3.98
3.74
2
- -
- -
- -
- -
- -
Return on Capital (%)
- -
17.9
17.5
13.45
11.04
11.43
8.05
-28.04
-86.88
- -
- -
- -
Return on Common Equity (%)

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
17,294
17,217
17,506
LT Borrowings
4,240
3,963
3,684
LT Finance Leases
806
781
443
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,339
3,339
3,339
Market Capitalization
258
205
204

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
52,237
45,802
40,611
Cash, Cash Equivalents & STI
1,191
2,156
723
Accounts Receivable, Net
4
6
9
Inventories
26,346
22,147
17,822
Total Current Liabilities
53,220
48,361
46,866
Payables & Accruals
- -
- -
- -
ST Debt
17,294
17,217
17,506
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.39%
-34.15%
-72.24%
Free Cash Flow
-130.28%
-36.22%
-108.26%
Net Income, GAAP
-36.5%
-79.8%
-17.92%
Sales/Revenue/Turnover
8.23%
-19.69%
-61.83%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
19,795
2024
- -
- -
11,306
2025
- -
- -
4,316

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-2.16
2024
- -
- -
-1.5
2025
- -
- -
-1.23

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -
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Business
Redsun Properties Group Limited (1996.HK) is an investment holding company principally engaged in property development and investment in the People's Republic of China. The company develops and sells residential properties, commercial properties, and car parking spaces; leases investment properties; and provides property management services, including security, cleaning, greening, and facility maintenance. Its property portfolio encompasses mid-range to high-end residential units, office buildings, retail spaces, and hotels, primarily under brands such as Redsun Huafu and Redsun Plaza. Redsun operates mainly in mainland China, with key projects in Chongqing, Wuhan, and other tier-1 and tier-2 cities, targeting middle-income and affluent homebuyers as well as commercial tenants. Founded in 2006 and headquartered in Chongqing, China, the company manages subsidiaries focused on development, investment, and management segments. In recent developments, Redsun completed a strategic asset disposal in 2024 to optimize its balance sheet amid China's property market challenges; formed a joint venture for urban renewal projects in Wuhan in early 2025; and launched new residential communities in Chongqing incorporating green building technologies.