Redco Healthy Living Company Limited (HKG:2370) Doing What It Can To Lift Shares

Simply Wall St.11-04

There wouldn't be many who think Redco Healthy Living Company Limited's (HKG:2370) price-to-sales (or "P/S") ratio of 0.2x is worth a mention when the median P/S for the Real Estate industry in Hong ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2480979583?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/9612014-choice2-main-header/1585186781436","is_english":true,"pubTime":"2024-11-04 15:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2480979583","market":"sg","top_or_hot":-1,"title":"Redco Healthy Living Company Limited (HKG:2370) Doing What It Can To Lift Shares","media":"Simply Wall St.","content":"<div>\n<p>There wouldn't be many who think Redco Healthy Living Company Limited's (HKG:2370) price-to-sales (or \"P/S\") ratio of 0.2x is worth a mention when the median P/S for the Real Estate industry in Hong ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-2370/redco-healthy-living-shares/news/redco-healthy-living-company-limited-hkg2370-doing-what-it-c\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Redco Healthy Living Company Limited (HKG:2370) Doing What It Can To Lift Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRedco Healthy Living Company Limited (HKG:2370) Doing What It Can To Lift Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-04 15:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-2370/redco-healthy-living-shares/news/redco-healthy-living-company-limited-hkg2370-doing-what-it-c><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There wouldn't be many who think Redco Healthy Living Company Limited's (HKG:2370) price-to-sales (or \"P/S\") ratio of 0.2x is worth a mention when the median P/S for the Real Estate industry in Hong ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-2370/redco-healthy-living-shares/news/redco-healthy-living-company-limited-hkg2370-doing-what-it-c\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1229","symbol_name":"房地产经营公司","start_time":0,"source_url":"https://simplywall.st/stocks/hk/real-estate-management-and-development/hkg-2370/redco-healthy-living-shares/news/redco-healthy-living-company-limited-hkg2370-doing-what-it-c","article_id":"2480979583","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/9612014-choice2-main-header/1585186781436"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2480979583","pubTimestamp":1730706732,"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"There wouldn't be many who think Redco Healthy Living Company Limited's ( HKG:2370 ) price-to-sales (or \"P/S\") ratio of...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1229":"房地产经营公司","BK1258":"房地产运营公司","02370":"力高健康生活"},"translate_title":"力高健康生活有限公司（HKG：2370）正在尽其所能提升股价","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02370":1},"content_text":"There wouldn't be many who think Redco Healthy Living Company Limited's (HKG:2370) price-to-sales (or \"P/S\") ratio of 0.2x is worth a mention when the median P/S for the Real Estate industry in Hong Kong is similar at about 0.6x.  Although, it's not wise to simply ignore the P/S without explanation as investors may be disregarding a distinct opportunity or a costly mistake.      View our latest analysis for Redco Healthy Living SEHK:2370 Price to Sales Ratio vs Industry November 4th 2024 How Has Redco Healthy Living Performed Recently?  For example, consider that Redco Healthy Living's financial performance has been poor lately as its revenue has been in decline.   One possibility is that the P/S is moderate because investors think the company might still do enough to be in line with the broader industry in the near future.  If you like the company, you'd at least be hoping this is the case so that you could potentially pick up some stock while it's not quite in favour.     We don't have analyst forecasts, but you can see how recent trends are setting up the company for the future by checking out our free report on Redco Healthy Living's earnings, revenue and cash flow.   What Are Revenue Growth Metrics Telling Us About The P/S?   In order to justify its P/S ratio, Redco Healthy Living would need to produce growth that's similar to the industry.   In reviewing the last year of financials, we were disheartened to see the company's revenues fell to the tune of 7.4%.   Even so, admirably revenue has lifted 33% in aggregate from three years ago, notwithstanding the last 12 months.  Although it's been a bumpy ride, it's still fair to say the revenue growth recently has been more than adequate for the company.     When compared to the industry's one-year growth forecast of 5.2%, the most recent medium-term revenue trajectory is noticeably more alluring  In light of this, it's curious that Redco Healthy Living's P/S sits in line with the majority of other companies.  It may be that most investors are not convinced the company can maintain its recent growth rates.    What We Can Learn From Redco Healthy Living's P/S?  It's argued the price-to-sales ratio is an inferior measure of value within certain industries, but it can be a powerful business sentiment indicator.  We've established that Redco Healthy Living currently trades on a lower than expected P/S since its recent three-year growth is higher than the wider industry forecast.  When we see strong revenue with faster-than-industry growth, we can only assume potential risks are what might be placing pressure on the P/S ratio.  It appears some are indeed anticipating revenue instability, because the persistence of these recent medium-term conditions would normally provide a boost to the share price.      Having said that, be aware Redco Healthy Living is showing 3 warning signs in our investment analysis, and 2 of those don't sit too well with us.   If you're unsure about the strength of Redco Healthy Living's business, why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed. New: AI Stock Screener & AlertsOur new AI Stock Screener scans the market every day to uncover opportunities.• Dividend Powerhouses (3%+ Yield)• Undervalued Small Caps with Insider Buying• High growth Tech and AI CompaniesOr build your own from over 50 metrics.Explore Now for FreeHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480979583"}