Announcement • Jun 30
Ruida Futures Co.,Ltd. to Report First Half, 2026 Results on Aug 28, 2026 Ruida Futures Co.,Ltd. announced that they will report first half, 2026 results on Aug 28, 2026 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥22.54, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 14x in the Capital Markets industry in China. Total returns to shareholders of 51% over the past three years. Announcement • Dec 31
Ruida Futures Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 01, 2026 Ruida Futures Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 01, 2026 Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥26.71, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 21x in the Capital Markets industry in China. Total returns to shareholders of 95% over the past three years. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥22.46, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 23x in the Capital Markets industry in China. Total returns to shareholders of 71% over the past three years. New Risk • Nov 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (60% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.6% average weekly change). Announcement • Sep 30
Ruida Futures Co.,Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Ruida Futures Co.,Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Announcement • Aug 23
Ruida Futures Co.,Ltd. Proposes Interim Dividend for the Year 2025 Ruida Futures Co.,Ltd. announced on 20 August 2025 the profit distribution proposal for the first half of 2025 as follows: Cash dividend/10 shares (tax included): CNY 1.80000000. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥23.89, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 26x in the Capital Markets industry in China. Total returns to shareholders of 55% over the past three years. Announcement • Jul 02
Ruida Futures Co.,Ltd. to Report First Half, 2025 Results on Aug 20, 2025 Ruida Futures Co.,Ltd. announced that they will report first half, 2025 results on Aug 20, 2025 Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to CN¥20.66, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 24x in the Capital Markets industry in China. Total returns to shareholders of 21% over the past three years. New Risk • Jun 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (20% net profit margin). Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥19.27, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 22x in the Capital Markets industry in China. Total returns to shareholders of 18% over the past three years. Board Change • Jun 07
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Qiankun Gu was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 16
Ruida Futures Co.,Ltd. Approves Cash Dividend for the Year 2024 Ruida Futures Co.,Ltd. at its Annual General Meeting held on 14 May 2025, approved cash dividend of CNY 2.00000000 per 10 shares (tax included) for the year 2024. New Risk • May 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 20% Last year net profit margin: 33% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (20% net profit margin). Announcement • Apr 25
Ruida Futures Co.,Ltd. Announces Profit Distribution Proposal for 2024 Ruida Futures Co.,Ltd announced profit distribution proposal for 2024 Cash dividend/10 shares (tax included): CNY 2.00000000. Announcement • Apr 23
Ruida Futures Co.,Ltd., Annual General Meeting, May 14, 2025 Ruida Futures Co.,Ltd., Annual General Meeting, May 14, 2025, at 15:30 China Standard Time. Location: The Company's Meeting Room, Xiamen, Fujian China Announcement • Apr 19
Ruida Futures Co.,Ltd. Elects Gu Qiankun, Independent Director Ruida Futures Co.,Ltd. at the Extraordinary General Meeting held on 17 April 2025 approved election of Gu Qiankun, independent director. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥13.76, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 24x in the Capital Markets industry in China. Total loss to shareholders of 18% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.16 per share. Announcement • Mar 31
Ruida Futures Co.,Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Ruida Futures Co.,Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Announcement • Dec 31
Ruida Futures Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 31, 2025 Ruida Futures Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 31, 2025 Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥17.89, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 25x in the Capital Markets industry in China. Total loss to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.58 per share. Announcement • Oct 29
Ruida Futures Co.,Ltd. Proposes Cash Dividend for the Third Quarter of 2024 Ruida Futures Co.,Ltd. proposed Cash dividend/10 shares (tax included): CNY1.30000000 for the third quarter of 2024. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥14.25, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 26x in the Capital Markets industry in China. Total loss to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.59 per share. New Risk • Sep 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Announcement • Sep 30
Ruida Futures Co.,Ltd. to Report Q3, 2024 Results on Oct 28, 2024 Ruida Futures Co.,Ltd. announced that they will report Q3, 2024 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Sep 25
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to CN¥13.23, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 22x in the Capital Markets industry in China. Total loss to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.61 per share. Price Target Changed • Aug 30
Price target decreased by 14% to CN¥11.80 Down from CN¥13.75, the current price target is provided by 1 analyst. New target price is 9.1% above last closing price of CN¥10.82. Stock is down 31% over the past year. The company is forecast to post earnings per share of CN¥0.62 for next year compared to CN¥0.55 last year. Major Estimate Revision • Aug 28
Consensus revenue estimates increase by 26% The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥1.30b to CN¥1.64b. EPS estimate unchanged at CN¥0.62. Net income forecast to grow 11% next year vs 18% growth forecast for Capital Markets industry in China. Consensus price target of CN¥14.29 unchanged from last update. Share price was steady at CN¥10.43 over the past week. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥11.56, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Capital Markets industry in China. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.33 per share. Announcement • Jun 29
Ruida Futures Co.,Ltd. to Report First Half, 2024 Results on Aug 27, 2024 Ruida Futures Co.,Ltd. announced that they will report first half, 2024 results on Aug 27, 2024 Announcement • May 10
Ruida Futures Co.,Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 13 May 2024 Ruida Futures Co.,Ltd. announced final cash dividend/10 shares (tax included) of CNY 2.20000000 on A shares for the year 2023. Record date: 10 May 2024. Ex-date: 13 May 2024. Payment date: 13 May 2024. Major Estimate Revision • May 07
Consensus revenue estimates decrease by 16%, EPS upgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast fell from CN¥1.54b to CN¥1.30b. EPS estimate increased from CN¥0.605 to CN¥0.615 per share. Net income forecast to grow 10% next year vs 26% growth forecast for Capital Markets industry in China. Consensus price target up from CN¥13.75 to CN¥14.29. Share price rose 2.5% to CN¥13.07 over the past week. Buy Or Sell Opportunity • Apr 17
Now 30% overvalued Over the last 90 days, the stock has fallen 15% to CN¥11.76. The fair value is estimated to be CN¥9.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last 3 years. Earnings per share has declined by 15%. For the next 3 years, revenue is forecast to grow by 23% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Major Estimate Revision • Apr 06
Consensus revenue estimates increase by 12%, EPS downgraded The consensus outlook for fiscal year 2024 has been updated. 2024 revenue forecast increased from CN¥1.37b to CN¥1.54b. EPS estimate fell from CN¥0.69 to CN¥0.605. Net income forecast to grow 11% next year vs 19% growth forecast for Capital Markets industry in China. Consensus price target down from CN¥17.01 to CN¥13.75. Share price was steady at CN¥12.35 over the past week. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥11.59, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Capital Markets industry in China. Total loss to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥6.91 per share. Announcement • Dec 29
Ruida Futures Co.,Ltd. to Report Fiscal Year 2023 Results on Mar 30, 2024 Ruida Futures Co.,Ltd. announced that they will report fiscal year 2023 results on Mar 30, 2024 New Risk • Oct 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Valuation Update With 7 Day Price Move • Aug 03
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥17.98, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 26x in the Capital Markets industry in China. Total loss to shareholders of 43% over the past three years. Announcement • May 31
Ruida Futures Co., Ltd. Announces Final Cash Dividend on Share A for 2022, Payable on June 5, 2023 Ruida Futures Co., Ltd. announced final Cash dividend/10 shares (tax included): CNY 2.20000000 on share A for 2022. Record date: 02 June 2023, Ex-date: 05 June 2023, Payment date: 05 June 2023. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥17.53, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 17x in the Capital Markets industry in China. Total loss to shareholders of 45% over the past three years. Board Change • Nov 16
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Xuehui Yu was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • May 12
Ruida Futures Co., Ltd. Announces 2021 Final Profit Distribution Plan to Be Implemented (A Shares), Payable on 16 May 2022 Ruida Futures Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY 3.30000000. Record date: 13 May 2022. Ex-date: 16 May 2022. Payment date: 16 May 2022. Announcement • Apr 23
Ruida Futures Co., Ltd. Approves Final Cash Dividend for 2021 Ruida Futures Co., Ltd. approved final cash dividend of CNY 3.30000000 per 10 shares (tax included) for 2021, at its AGM held on April 21, 2022. Announcement • Apr 02
Ruida Futures Co., Ltd., Annual General Meeting, Apr 21, 2022 Ruida Futures Co., Ltd., Annual General Meeting, Apr 21, 2022, at 15:30 China Standard Time. Agenda: To discuss 2021 annual report and its summary; to discuss 2021 work report of the board of directors; to discuss 2021 work report of the supervisory committee; to review 2021 annual accounts; to consider 2022 financial budget report; to consider the To consider the 2021 work report of the board of directors; to consider the 2021 work report of the supervisory committee; to consider the 2021 annual report and its summary; to consider the 2021 annual accounts; to consider the 2021 profit distribution plan; and to consider the reappointment of 2022 audit firm; to consider the 2022 remuneration for directors; to consider the 2022 remuneration for supervisors; and other subject matters. Announcement • Apr 01
Ruida Futures Co., Ltd. Proposes Final Cash Dividend for 2021 Ruida Futures Co., Ltd. proposed final cash dividend of CNY 3.30000000 per 10 shares (tax included) for 2021. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥28.20, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 24x in the Capital Markets industry in China. Total returns to shareholders of 2.1% over the past year. Valuation Update With 7 Day Price Move • Sep 03
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥25.65, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 26x in the Capital Markets industry in China. Total loss to shareholders of 10% over the past year. Is New 90 Day High Low • Feb 08
New 90-day low: CN¥19.88 The company is down 29% from its price of CN¥28.00 on 10 November 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is down 12% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥21.80 The company is down 24% from its price of CN¥28.74 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is flat over the same period. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥23.30, the stock is trading at a trailing P/E ratio of 64.7x, down from the previous P/E ratio of 77.3x. This compares to an average P/E of 26x in the Capital Markets industry in China. Total return to shareholders over the past year is a loss of 36%. Is New 90 Day High Low • Dec 22
New 90-day low: CN¥26.35 The company is down 10.0% from its price of CN¥29.16 on 23 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is down 4.0% over the same period. Is New 90 Day High Low • Oct 23
New 90-day low: CN¥27.10 The company is down 6.0% from its price of CN¥28.85 on 24 July 2020. The Chinese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 2.0% over the same period. Announcement • Aug 10
Ruida Futures Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020 Ruida Futures Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020 
