There's No Escaping Risecomm Group Holdings Limited's (HKG:1679) Muted Revenues

Simply Wall St.11-08

When close to half the companies operating in the Semiconductor industry in Hong Kong have price-to-sales ratios (or "P/S") above 1.5x, you may consider Risecomm Group Holdings Limited (HKG:1679) as ...

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/2481122796?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/8212000-choice2-main-header/1585186783100","is_english":true,"pubTime":"2024-11-08 07:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2481122796","market":"us","top_or_hot":-1,"title":"There's No Escaping Risecomm Group Holdings Limited's (HKG:1679) Muted Revenues","media":"Simply Wall St.","content":"<div>\n<p>When close to half the companies operating in the Semiconductor industry in Hong Kong have price-to-sales ratios (or \"P/S\") above 1.5x, you may consider Risecomm Group Holdings Limited (HKG:1679) as ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/semiconductors/hkg-1679/risecomm-group-holdings-shares/news/theres-no-escaping-risecomm-group-holdings-limiteds-hkg1679\">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>There's No Escaping Risecomm Group Holdings Limited's (HKG:1679) Muted Revenues</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\">\nThere's No Escaping Risecomm Group Holdings Limited's (HKG:1679) Muted Revenues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-08 07:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/hk/semiconductors/hkg-1679/risecomm-group-holdings-shares/news/theres-no-escaping-risecomm-group-holdings-limiteds-hkg1679><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When close to half the companies operating in the Semiconductor industry in Hong Kong have price-to-sales ratios (or \"P/S\") above 1.5x, you may consider Risecomm Group Holdings Limited (HKG:1679) as ...</p>\n\n<a href=\"https://simplywall.st/stocks/hk/semiconductors/hkg-1679/risecomm-group-holdings-shares/news/theres-no-escaping-risecomm-group-holdings-limiteds-hkg1679\">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":"01679","symbol_name":"瑞斯康集团","start_time":0,"source_url":"https://simplywall.st/stocks/hk/semiconductors/hkg-1679/risecomm-group-holdings-shares/news/theres-no-escaping-risecomm-group-holdings-limiteds-hkg1679","article_id":"2481122796","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/8212000-choice2-main-header/1585186783100"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2481122796","pubTimestamp":1731021328,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"When close to half the companies operating in the Semiconductor industry in Hong Kong have price-to-sales ratios (or...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"01679":"瑞斯康集团"},"translate_title":"Risecomm Group Holdings Limited（HKG：1679）收入低迷，无法逃脱","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01679":1},"content_text":"When close to half the companies operating in the Semiconductor industry in Hong Kong have price-to-sales ratios (or \"P/S\") above 1.5x, you may consider Risecomm Group Holdings Limited (HKG:1679) as an attractive investment with its 0.5x P/S ratio.   Although, it's not wise to just take the P/S at face value as there may be an explanation why it's limited.     See our latest analysis for Risecomm Group Holdings SEHK:1679 Price to Sales Ratio vs Industry November 7th 2024 How Has Risecomm Group Holdings Performed Recently?  As an illustration, revenue has deteriorated at Risecomm Group Holdings over the last year, which is not ideal at all.   One possibility is that the P/S is low because investors think the company won't do enough to avoid underperforming the broader industry in the near future.  If you like the company, you'd be hoping this isn't the case so that you could potentially pick up some stock while it's out of 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 Risecomm Group Holdings' earnings, revenue and cash flow.   What Are Revenue Growth Metrics Telling Us About The Low P/S?   Risecomm Group Holdings' P/S ratio would be typical for a company that's only expected to deliver limited growth, and importantly, perform worse than the industry.   Retrospectively, the last year delivered a frustrating 18% decrease to the company's top line.   The last three years don't look nice either as the company has shrunk revenue by 53% in aggregate.  Therefore, it's fair to say the revenue growth recently has been undesirable for the company.     Weighing that medium-term revenue trajectory against the broader industry's one-year forecast for expansion of 20% shows it's an unpleasant look.  With this information, we are not surprised that Risecomm Group Holdings is trading at a P/S lower than the industry.  Nonetheless, there's no guarantee the P/S has reached a floor yet with revenue going in reverse.  Even just maintaining these prices could be difficult to achieve as recent revenue trends are already weighing down the shares.    What Does Risecomm Group Holdings' P/S Mean For Investors?  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.  Our examination of Risecomm Group Holdings confirms that the company's shrinking revenue over the past medium-term is a key factor in its low price-to-sales ratio, given the industry is projected to grow.  At this stage investors feel the potential for an improvement in revenue isn't great enough to justify a higher P/S ratio.  Unless the recent medium-term conditions improve, they will continue to form a barrier for the share price around these levels.     Plus, you should also learn about these   3 warning signs we've spotted with Risecomm Group Holdings.  If these risks are making you reconsider your opinion on Risecomm Group Holdings, explore our interactive list of high quality stocks to get an idea of what else is out there. 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":"highlight","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":"4.29.3","shortVersion":"4.29.3","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/2481122796"}