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Redsun Properties Group Limited logo

Redsun Properties Group Limited

1996.HK

HKSEReal EstateReal Estate - Development

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Latest quote

HK$0.023

−HK$0.006 · -20.69%

Aug 24, 3:56 PM HKT

1996.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Operating across the People's Republic of China, Redsun Properties Group Limited, along with its various affiliates, is primarily engaged in the real estate development sector. Its comprehensive business model is segmented into three key areas: Property Development, Commercial Property Investment and Management, and Hotel Operations. The firm's strategic emphasis is on the construction of residential properties, in addition to the creation, operation, and ongoing management of commercial and other property assets. Beyond development, its activities also encompass property leasing and the direct management of hospitality venues. Established in 1999, the company's corporate headquarters are located in Shanghai, China. Redsun Properties Group Limited is an operating entity under the umbrella of its parent company, Redsun Properties Group (Holdings) Limited.

Industry
Real Estate - Development
Sector
Real Estate
Headquarters
CN
CEO
Huansha Zeng
Listed since
Jul 12, 2018
Employees
506

Market position

52-week range

Current HK$0.023

Open
HK$0.023
Previous close
HK$0.029
Volume
3.39M
9.74× average
Average volume
347.66K
Average daily volume
Market cap
76.79M HKD
Beta
0.81
Market reference 1
50-day average
HK$0.0218
+5.70% above average
200-day average
HK$0.0284
-19.14% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
20.38B CNY
P/E (TTM)
-0.02×
P/B (TTM)
-0.01×
P/S (TTM)
0.02×
EV / EBITDA
-18.47×
Earnings yield
-4164.93%
Free cash flow yield
-324.31%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-17.30%
Operating margin
-25.90%
Net margin
-95.51%
Return on equity
90.46%
Return on assets
-8.14%
Return on invested capital
-2.21%

Financial health

Debt / equity
-4.56×
Current ratio
0.59×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends31%-15%-61%-107%Gross margin, FY2021: 19.05%Gross margin, FY2022: 8.32%Gross margin, FY2023: -3.38%Gross margin, FY2024: -1.57%Gross margin, FY2025: -17.30%Operating margin, FY2021: 11.93%Operating margin, FY2022: 1.42%Operating margin, FY2023: -7.78%Operating margin, FY2024: -6.07%Operating margin, FY2025: -25.90%Net margin, FY2021: 4.67%Net margin, FY2022: -19.39%Net margin, FY2023: -36.45%Net margin, FY2024: -44.42%Net margin, FY2025: -95.51%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 19.05%. Gross margin FY2022 8.32%. Gross margin FY2023 -3.38%. Gross margin FY2024 -1.57%. Gross margin FY2025 -17.30%. Operating margin FY2021 11.93%. Operating margin FY2022 1.42%. Operating margin FY2023 -7.78%. Operating margin FY2024 -6.07%. Operating margin FY2025 -25.90%. Net margin FY2021 4.67%. Net margin FY2022 -19.39%. Net margin FY2023 -36.45%. Net margin FY2024 -44.42%. Net margin FY2025 -95.51%.

Income trends

Revenue

4.32B CNY-61.83%

Operating income

−1.12B CNY-62.95%

Net income

−4.12B CNY+17.92%
Income trends across reported periods30.06B CNY16.5B CNY2.95B CNY−10.6B CNYRevenue, FY2021: 26.67B CNYRevenue, FY2022: 20.01B CNYRevenue, FY2023: 19.79B CNYRevenue, FY2024: 11.31B CNYRevenue, FY2025: 4.32B CNYOperating income, FY2021: 3.18B CNYOperating income, FY2022: 284.04M CNYOperating income, FY2023: −1.54B CNYOperating income, FY2024: −685.86M CNYOperating income, FY2025: −1.12B CNYNet income, FY2021: 1.25B CNYNet income, FY2022: −3.88B CNYNet income, FY2023: −7.21B CNYNet income, FY2024: −5.02B CNYNet income, FY2025: −4.12B CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 26.67B CNY. Revenue FY2022 20.01B CNY. Revenue FY2023 19.79B CNY. Revenue FY2024 11.31B CNY. Revenue FY2025 4.32B CNY. Operating income FY2021 3.18B CNY. Operating income FY2022 284.04M CNY. Operating income FY2023 −1.54B CNY. Operating income FY2024 −685.86M CNY. Operating income FY2025 −1.12B CNY. Net income FY2021 1.25B CNY. Net income FY2022 −3.88B CNY. Net income FY2023 −7.21B CNY. Net income FY2024 −5.02B CNY. Net income FY2025 −4.12B CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue4.32B CNY11.31B CNY19.79B CNY20.01B CNY26.67B CNY
Cost of goods sold5.06B CNY11.48B CNY20.46B CNY18.35B CNY21.59B CNY
Gross profit−746.5M CNY−177.07M CNY−669.72M CNY1.67B CNY5.08B CNY
Selling, general, and administrative371.12M CNY508.79M CNY870.44M CNY1.38B CNY1.9B CNY
Operating expenses371.12M CNY508.79M CNY867.84M CNY1.38B CNY1.89B CNY
Interest income1.47M CNY6.6M CNY28.56M CNY44.21M CNY142.68M CNY
Interest expense1.58B CNY1.43B CNY1.68B CNY1.29B CNY1.12B CNY
Depreciation and amortization14.68M CNY44.4M CNY53.14M CNY66.43M CNY72.46M CNY
Operating income−1.12B CNY−685.86M CNY−1.54B CNY284.04M CNY3.18B CNY
Net income−4.12B CNY−5.02B CNY−7.21B CNY−3.88B CNY1.25B CNY

Company facts updated Aug 25, 2026.

Earnings

Latest fiscal-year EPS
-1.23
FY2025
Latest fiscal-year revenue
4.32B CNY
FY2025 · -61.83% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.62-0.39-1.4-2.41FY21FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend28.9B19.96B11.02B2.08BFY21FY22FY23FY24FY25

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