Redco Healthy Living Company Limited

Redco Healthy Living Company Limited

HHKEX:2370
1.18
HKD
+0.00
(-0.42%)
55.00MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.62
0.9
1.11
1.77
2.33
2.25
2.1
2
- -
Basic EPS, GAAP
0.05
0.14
0.2
0.16
0.02
-0.05
-0.14
-0.09
- -
Free Cash Flow per Basic Share
0.07
0.14
0.2
0.13
-0.18
0.27
-0.14
0.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.13
0.27
0.47
0.65
1.5
1.46
1.31
1.22
1.31
Tangible Book Value per Share
0.13
0.27
0.22
0.41
1.29
1.22
1.14
1.07
1.14
Basic Weighted Avg Shares
200
200
200
200
188
200
200
200
200
Sales/Revenue/Turnover
124
181
222
354
437
449
420
401
- -
Operating Margin (%)
11.5
22.36
25.37
17.02
19.29
15.26
13.4
6.22
- -
Depreciation Expense
1
1
1
11
12
16
13
12
- -
Net Income, GAAP
11
28
40
32
3
-10
-28
-18
- -
Effective Tax Rate (%)
27.13
26.97
24.02
32.29
37.94
96.15
- -
- -
- -
Profit Margin (%)
8.52
15.44
17.87
9.07
0.73
-2.22
-6.77
-4.38
- -
Working Capital
27
57
53
60
201
186
189
176
189
LT Debt
- -
- -
4
4
3
3
7
6
7
Total Equity
30
60
120
162
333
330
304
284
304
Return on Invested Capital (%)
- -
54.98
38.58
22.98
3.75
0.07
- -
- -
- -
Return on Capital (%)
- -
57.74
38.11
16.14
-1.04
-5.74
- -
- -
- -
Return on Common Equity (%)
- -
68.43
52.95
28.6
1.48
-3.37
-10.26
-6.92
- -

Capital Structure

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
ST Debt
15
9
9
LT Borrowings
- -
4
4
LT Finance Leases
3
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
200
200
200
Market Capitalization
- -
- -
52

Working Capital

CNY

•

in mil. unless spec.
Dec'23
Jun'24
Dec'24
Total Current Assets
466
448
466
Cash, Cash Equivalents & STI
179
124
140
Accounts Receivable, Net
249
260
265
Inventories
- -
- -
13
Total Current Liabilities
279
250
277
Payables & Accruals
- -
- -
- -
ST Debt
15
9
9
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
24.98%
-6.6%
Free Cash Flow
- -
-156.7%
-107.84%
Net Income, GAAP
- -
-75.1%
-38.3%
Sales/Revenue/Turnover
- -
14.98%
-4.55%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
449
2024
- -
- -
420
2025
- -
- -
401

Semi-annual Earnings Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.05
2024
- -
- -
-0.14
2025
- -
- -
-0.09

Semi-annual Dividends Per Share

CNY

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Company Description

Full Time Employees
2,135
Sector
Finance
Industry
Real estate development
Address
Redco Building, Tower 5 Shenzhen GD China
IPO Date
Mar 31, 2022
Business
Redco Healthy Living Company Limited operates as a diversified health and living services group focused on community-based health management and related lifestyle services. The company provides a broad suite of core offerings across property management-adjacent services, healthcare management, and technology-enabled support for its community ecosystem. It leverages a blended business model combining health-focused services with technology-enabled platforms to deliver integrated health, wellness, and daily-living solutions to residential communities. Main products and services - Property management and value-added services: residential and non-residential property management; pre-sale management and design consultation; inspection, cleaning, repair, and maintenance services; community value-added services including clubhouse management, pool and sports facility operation, playgrounds, and other community amenities; property brokerage and secondary-market services; home renovation and decoration services; IT systems development and maintenance for property developers; IT-related services and other ancillary services. - Healthcare management and services: community health management programs; online medical services and telehealth consultations; clinical services at affiliated clinics including diagnostic and treatment offerings; health management software solutions, system installation, configuration, maintenance, upgrading, and training; cloud-based health IT services; intelligent construction and related software-enabled services in healthcare contexts; elder care and aging-in-place support. - Health + Technology platform offerings: dietary nutrition services; smart movement and fitness planning; holographic health-living clubs and community wellness programs; structured classes for lifestyle improvement (e.g., 4:30 classes, good-life programs); elder education initiatives; one-on-one health management and personalized nutrition plans; curated meal recommendations aligned with fitness goals; data-enabled health monitoring and one-click data transmission for workouts. Latest major company changes - Strategic partnerships and alliances: collaborations within community health and smart living ecosystems to enhance integrated health services and digital health platforms; partnerships intended to broaden nutrition, fitness planning, and elder care offerings. - Corporate and financing developments: recent activity around asset transfers and financing arrangements tied to parent group entities and related lenders; implications for ownership structure and potential capital market actions; actions following financing facilities related to affiliated property developers. - Product and service expansion: launch and expansion of online health services, cloud-based health IT solutions, and AI-enabled health management tools; extended dietary nutrition and personalized wellness programs; broader reach of community wellness classes and elder education programs. - Corporate reorganizations: structural refinements within the group to align property management, health services, and IT-enabled offerings under a unified community health and living platform; potential consolidation of subsidiary activities to streamline operations and improve cross-segment collaboration. - Operational shifts: expansion of IT-enabled services for property developers and enhanced maintenance of IT systems across projects; scaling of healthcare management services and online consultation capabilities; increased focus on integrated service delivery within community settings. Additional context - Industry and segments: property management; healthcare services; IT-enabled services for property developers; community health and wellness platforms. - Target markets and customers: residential communities, property developers, elderly residents, and general community members seeking health and lifestyle management within a living environment. - Geographic operations: activities principally focused on China, with related operations and partnerships in regional markets; corporate headquarters and primary activity centers in major urban centers within the region. - Founding year and headquarters: established in the early 2010s; headquarters located in major Chinese metropolitan area(s) tied to its operations and ownership structure. - Subsidiaries and parent relationships: operates through multiple business units spanning property management, healthcare services, and IT-enabled solutions; connected to the broader Redco Properties Group network through financing and strategic collaborations; some corporate actions and asset transfers involve the controlling shareholder and related entities.