IRC (HKSE:01029) FFO

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HKSE:01029 IRC Ltd HKSE:01029
36 GF Score
Price HK$0.45
GF Value HK$0.55
Valuation Modestly Undervalued
! 4 Warning Signs
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What is IRC FFO?

FFO (Funds from operations) only applies to REITs.

HKSE:01029
36GF Score
IRC Ltd HKSE:01029
FFO is just one metric. See GF Score™, valuation, warning signs, and more.
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Is IRC (HKSE:01029) Overvalued in 2026?

Based on GuruFocus' analysis, IRC stock appears to be undervalued. The current stock price of HK$0.45 is trading 18.2% below its estimated GF Value™ of HK$0.55. GuruFocus considers IRC to be Modestly Undervalued.

Key valuation signals for HKSE:01029:

  • FFO:
  • GF Value™: HK$0.55 vs. price of HK$0.45 (18.2% below fair value)
  • GF Score™: 36/100 with 4 warning signs

No single metric tells the full story. See the HKSE:01029 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

IRC Business Description

Address 6H, 9 Queen’s Road Central, Central District, Hong Kong Special Administrative Region, of the People’s Republic of China, Hong Kong, HKG
IRC Ltd is engaged in the production and development of industrial commodity products, including iron ore concentrate. The main activities of the Group are carried out in Russia and the Group predominantly serves the Russian and Chinese markets. The company's segment includes: Mines in production, Mines in development, Engineering, and Other. The company generates the majority of its revenue from Mines in the production segment, which comprises an iron ore project in the production phase. This segment includes the K&S Project, which is located in the Russian Far East Region and started commercial production in January 2017. Geographically, the firm derives the majority of its revenue from the PRC.
36GF Score

Get the complete analysis for HKSE:01029

FFO is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.45
Price
HK$0.55
GF Value