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601828:SSERed Star Macalline Group Corporation Ltd Class A Analysis

Data as of 2026-05-27 - not real-time

CN¥2.40

Latest Price

7/10Risk

Risk Level: Medium

Executive Summary

Red Star Macalline is trading around CNY 2.4, just above the calculated support level and below its 20‑day SMA, with a sub‑40 RSI and a bearish MACD histogram, suggesting limited upside in the near term. Volume is on a downtrend, reinforcing the neutral‑to‑bearish technical outlook.
Fundamentally, the company posted negative earnings, carries a very high debt‑to‑equity ratio, and has a forward P/E near 40× while its price‑to‑book sits under 0.5. No dividend is paid, and the real‑estate services sector in China faces heightened regulatory and market headwinds, making the stock appear overvalued despite a low book multiple.

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 5/10

Key Factors

  • Price hovering just above support with limited upside
  • Bearish MACD and RSI below 40 indicating downside pressure
  • Decreasing trading volume reducing short‑term momentum

Medium Term

1–3 years
Cautious
Model confidence: 6/10

Key Factors

  • High debt‑to‑equity ratio (~140×) stressing balance sheet
  • Negative operating margins and zero earnings
  • Forward P/E substantially above industry average

Long Term

> 3 years
Cautious
Model confidence: 7/10

Key Factors

  • Structural challenges in Chinese real‑estate services sector
  • Ongoing regulatory scrutiny and policy risk
  • Lack of dividend and constrained cash flow limiting shareholder returns

Key Metrics & Analysis

Financial Health

Revenue Growth-6.00%
P/E Ratio40.0
ROE-69.36%
ROA0.50%
Debt/Equity140.39
P/B Ratio0.5
Op. Cash FlowCN¥816.5M
Free Cash FlowCN¥402.3M
Industry P/E32.8

Technical Analysis

TrendNeutral
RSI38.5
SupportCN¥2.35
ResistanceCN¥2.84
MA 20CN¥2.60
MA 50CN¥2.49
MA 200CN¥2.72
MACDBearish
VolumeDecreasing
Fear & Greed Index91.13

Valuation

GradeOvervalued
TypeValue

Risk Assessment

Beta0.08
Volatility43.04%
Sector RiskHigh
Reg. RiskHigh
Geo RiskMedium
Currency RiskLow
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.