Red Star Macalline Group Corp Ltd

Chart & Performance

D1W1MN

P/E

—

P/S

0.60

EPS

—

Div Yield, %

2.86%

Shrs. gr., 5y

1.11%

Rev. gr., 5y

-4.16%

Revenues

11.51b

-18.55%

Net income

-2.41b

CFO

2.36b

-39.07%

Dividend

Jul 13, 20230.050343 HKD/sh

Earnings

May 23, 2025

Profile

Red Star Macalline Group Corporation Ltd. operates and manages home improvement and furnishing shopping malls in Mainland China. The company operates through five segments: Owned/Leased Portfolio Shopping Malls; Managed Shopping Malls; Construction and Design; Related Home Decoration and Sales of Merchandise; and Others. As of December 31, 2021, it operated 95 portfolio shopping malls and 278 managed shopping malls; 10 home furnishing shopping malls through strategic cooperation; and 485 home improvement material stores/industry streets. The company also engages in the leasing of floor areas to the tenants; and retail sale of home furnishing merchandise, as well as provision of related decorating services. In addition, it offers home decoration, design, and internet retail. Further, the company provides site leasing management, warehouse logistics, industrial investment, exhibition, advertisement, accounts receivable financing, and enterprise management and consultancy services. Additionally, it offers network technology, loan, import and export, engineering design, supply chain and brand management, cultural and artistic exchange, and information science and technology development services, as well as engages in e-commerce activities. The company was formerly known as Shanghai Red Star Macalline Home Living and Decorating Company Limited and changed its name to Red Star Macalline Group Corporation Ltd. in 2011. The company was founded in 1992 and is headquartered in Shanghai, the People's Republic of China. Red Star Macalline Group Corporation Ltd. is a subsidiary of Red Star Macalline Holding Group Company Limited.

URL

https://www.chinaredstar.com/

IPO date

Jun 26, 2015

Employees

15,977

Domiciled in

Incorporated in

Valuation

Order:

Title CNY in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CNY in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	11,514,983 -18.55%	14,138,320 -8.86%	15,512,792 8.97%
Cost of revenue	7,747,008	8,757,080	8,857,297
Unusual Expense (Income)
NOPBT	3,767,975	5,381,240	6,655,496
NOPBT Margin	32.72%	38.06%	42.90%
Operating Taxes	30,814	780,769	612,976
Tax Rate	0.82%	14.51%	9.21%
NOPAT	3,737,161	4,600,471	6,042,520
Net income	(2,412,713) -455.56%	678,566 -65.44%	1,963,619 13.47%
Dividends	(210,922)	(435,473)	(213,715)
Dividend yield	1.25%	2.13%	0.62%
Proceeds from repurchase of equity		(5,003)	213,715
BB yield		0.02%	-0.62%
Debt
Debt current	13,931,070	8,572,062	14,388,010
Long-term debt	28,071,369	34,016,437	35,461,937
Deferred revenue	665,459	800,680	1,079,663
Other long-term liabilities	1,454,063	1,643,249	925,526
Net debt	34,012,482	33,286,329	34,476,396
Cash flow
Cash from operating activities	2,363,641	3,879,003	5,380,669
CAPEX	(41,579)	(235,397)
Cash from investing activities	601,547	687,695
Cash from financing activities	(3,165,956)	(8,059,246)
FCF	1,111,952	10,737,649	6,803,363
Balance
Cash	3,100,121	3,548,102	7,922,408
Long term investments	4,889,836	5,754,068	7,451,143
Excess cash	7,414,208	8,595,254	14,597,911
Stockholders' equity	55,143,135	88,593,922	50,622,793
Invested Capital	88,074,064	89,071,783	88,615,933
ROIC	4.22%	5.18%	6.85%
ROCE	3.44%	4.82%	5.71%
EV
Common stock shares outstanding	4,354,733	4,353,688	3,905,000
Price	3.87 -17.48%	4.69 -46.77%	8.81 3.77%
Market cap	16,852,817 -17.46%	20,418,796 -40.65%	34,403,050 3.77%
EV	54,176,040	94,756,605	72,428,865
EBITDA	4,086,114	5,751,673	7,436,852
EV/EBITDA	13.26	16.47	9.74
Interest	2,654,625	2,503,313	2,694,541
Interest/NOPBT	70.45%	46.52%	40.49%