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.
General Outlook
In simple terms, Red Star Macalline Group Corporation Ltd. has 3989.94 M shares that people are buying and selling right now. When we look at how much money they make before expenses, they keep 0.581% as profit. This shows they're good at controlling costs and are financially stable. Their operating profit, which is money made from regular business activities, is 0.130%. This means they run their business efficiently. Lastly, after paying all their bills, they still have a profit of -0.102%. This tells us they're good at keeping money after all costs.
Return on Investments
The company's asset efficiency, represented by a robust -0.008% return, is a testament to Red Star Macalline Group Corporation Ltd.'s adeptness in optimizing resource deployment. Red Star Macalline Group Corporation Ltd.'s utilization of its assets to generate profits is strikingly evident through a noteworthy return on equity of -0.019%. Furthermore, the proficiency of Red Star Macalline Group Corporation Ltd. in capital utilization is underscored by a remarkable 0.013% return on capital employed.
Stock Prices
Red Star Macalline Group Corporation Ltd.'s stock prices have been subject to undulating patterns. The peak stock value during this interval surged to $4.27, while its low point bottomed out at $4.23. This variance in figures offers investors a lucid insight into the roller-coaster ride that is Red Star Macalline Group Corporation Ltd.'s stock market.
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