View ValuationRuitai Materials Technology 将来の成長Future 基準チェック /36Ruitai Materials Technology利益と収益がそれぞれ年間70.4%と8.3%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に4.5% 70.8%なると予測されています。主要情報70.4%収益成長率70.78%EPS成長率Basic Materials 収益成長31.9%収益成長率8.3%将来の株主資本利益率4.46%アナリストカバレッジLow最終更新日19 Apr 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • Apr 10Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.25 loss per share (down from CN¥0.25 profit in FY 2024). Revenue: CN¥3.87b (down 11% from FY 2024). Net loss: CN¥57.8m (down 201% from profit in FY 2024). Revenue missed analyst estimates by 15%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.お知らせ • Apr 10Ruitai Materials Technology Co., Ltd., Annual General Meeting, May 07, 2026Ruitai Materials Technology Co., Ltd., Annual General Meeting, May 07, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing Chinaお知らせ • Mar 31Ruitai Materials Technology Co., Ltd. to Report Q1, 2026 Results on Apr 22, 2026Ruitai Materials Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 22, 2026お知らせ • Dec 31Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2026Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2026Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.084 loss per share (vs CN¥0.015 profit in 3Q 2024)Third quarter 2025 results: CN¥0.084 loss per share (down from CN¥0.015 profit in 3Q 2024). Revenue: CN¥880.1m (down 20% from 3Q 2024). Net loss: CN¥20.5m (down CN¥24.0m from profit in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Sep 30Ruitai Materials Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Ruitai Materials Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025New Risk • Sep 05New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 63% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).New Risk • Sep 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).お知らせ • Jul 02Ruitai Materials Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Ruitai Materials Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025Reported Earnings • Apr 11Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.25 (down from CN¥0.32 in FY 2023). Revenue: CN¥4.35b (down 6.0% from FY 2023). Net income: CN¥57.0m (down 22% from FY 2023). Profit margin: 1.3% (down from 1.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 11Ruitai Materials Technology Co., Ltd. Proposes Final Cash Dividend for 2024Ruitai Materials Technology Co., Ltd. announced on 10 April 2025 the profit distribution proposal for 2024 as follows: Final Cash dividend per 10 shares (tax included) of CNY 1.50000000.お知らせ • Apr 10Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 30, 2025Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 30, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing Chinaお知らせ • Mar 31Ruitai Materials Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Ruitai Materials Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025Buy Or Sell Opportunity • Feb 19Now 20% overvaluedOver the last 90 days, the stock has fallen 1.1% to CN¥11.23. The fair value is estimated to be CN¥9.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 11%.Reported Earnings • Jan 15Full year 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.32 in FY 2023)Full year 2024 results: EPS: CN¥0.27 (down from CN¥0.32 in FY 2023). Revenue: CN¥4.38b (down 5.3% from FY 2023). Net income: CN¥62.1m (down 15% from FY 2023). Profit margin: 1.4% (down from 1.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 31Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025分析記事 • Dec 02The Returns On Capital At Ruitai Materials Technology (SZSE:002066) Don't Inspire ConfidenceWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...分析記事 • Nov 06Ruitai Materials Technology's (SZSE:002066) Solid Earnings May Rest On Weak FoundationsThe recent earnings posted by Ruitai Materials Technology Co., Ltd. ( SZSE:002066 ) were solid, but the stock didn't...Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.015 (vs CN¥0.07 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.015 (down from CN¥0.07 in 3Q 2023). Revenue: CN¥1.11b (flat on 3Q 2023). Net income: CN¥3.52m (down 78% from 3Q 2023). Profit margin: 0.3% (down from 1.5% in 3Q 2023). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.分析記事 • Oct 08Earnings Not Telling The Story For Ruitai Materials Technology Co., Ltd. (SZSE:002066) After Shares Rise 37%Ruitai Materials Technology Co., Ltd. ( SZSE:002066 ) shareholders have had their patience rewarded with a 37% share...お知らせ • Sep 30Ruitai Materials Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Ruitai Materials Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥9.63, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Basic Materials industry in China. Total returns to shareholders of 3.1% over the past three years.New Risk • Aug 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (65% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results.Reported Earnings • Aug 06Second quarter 2024 earnings released: EPS: CN¥0.065 (vs CN¥0.044 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.065 (up from CN¥0.044 in 2Q 2023). Revenue: CN¥1.11b (down 5.4% from 2Q 2023). Net income: CN¥15.1m (up 48% from 2Q 2023). Profit margin: 1.4% (up from 0.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • Jul 31Now 22% overvaluedOver the last 90 days, the stock has fallen 9.9% to CN¥8.00. The fair value is estimated to be CN¥6.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.Buy Or Sell Opportunity • Jul 11Now 21% overvaluedOver the last 90 days, the stock has fallen 14% to CN¥7.97. The fair value is estimated to be CN¥6.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.Buy Or Sell Opportunity • Jul 01Now 23% overvaluedOver the last 90 days, the stock has fallen 11% to CN¥8.15. The fair value is estimated to be CN¥6.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.お知らせ • Jun 29Ruitai Materials Technology Co., Ltd. to Report First Half, 2024 Results on Aug 06, 2024Ruitai Materials Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 06, 2024Buy Or Sell Opportunity • Jun 25Now 20% overvaluedOver the last 90 days, the stock has fallen 8.3% to CN¥7.87. The fair value is estimated to be CN¥6.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.Buy Or Sell Opportunity • Jun 07Now 25% overvaluedOver the last 90 days, the stock has fallen 1.7% to CN¥8.29. The fair value is estimated to be CN¥6.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.Declared Dividend • May 25Dividend increased to CN¥0.10Dividend of CN¥0.10 is 25% higher than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 25Ruitai Materials Technology Co., Ltd. Approves Final Cash Dividend of 10 A Shares for 2023, Payable on 29 May 2024Ruitai Materials Technology Co., Ltd. approved the final cash dividend of CNY 1.00000000 per 10 A shares for 2023. Record date: 28 May 2024. Ex-date: 29 May 2024. Payment date: 29 May 2024.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.096 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.097 (up from CN¥0.096 in 1Q 2023). Revenue: CN¥1.14b (up 6.5% from 1Q 2023). Net income: CN¥22.4m (up 1.4% from 1Q 2023). Profit margin: 2.0% (down from 2.1% in 1Q 2023). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥7.82, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Basic Materials industry in China. Total loss to shareholders of 18% over the past three years.お知らせ • Mar 30Ruitai Materials Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Ruitai Materials Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024分析記事 • Mar 12Ruitai Materials Technology's (SZSE:002066) Profits Appear To Have Quality IssuesThe recent earnings posted by Ruitai Materials Technology Co., Ltd. ( SZSE:002066 ) were solid, but the stock didn't...分析記事 • Mar 11One Ruitai Materials Technology Co., Ltd. (SZSE:002066) Analyst Just Made A Major Cut To Next Year's EstimatesThe analyst covering Ruitai Materials Technology Co., Ltd. ( SZSE:002066 ) delivered a dose of negativity to...お知らせ • Mar 07+ 1 more updateRuitai Materials Technology Co., Ltd., Annual General Meeting, Apr 01, 2024Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 01, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Agenda: To consider and approve 2023 work report of the board of directors; to consider and approve 2023 work report of independent directors;to consider and approve 2023 work report of the supervisory committee;to consider and approve 2023 annual accounts and 2024 budget report;to consider and approve 2023 profit distribution plan;to consider and approve 2023 annual report and its summary;to consider and approve allowance for independent directors;to consider and approve amendments to the Company's some articles of association;and to consider other matters.Reported Earnings • Mar 06Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.32 (up from CN¥0.29 in FY 2022). Revenue: CN¥4.63b (down 4.0% from FY 2022). Net income: CN¥72.8m (up 9.9% from FY 2022). Profit margin: 1.6% (up from 1.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.分析記事 • Feb 28Why Investors Shouldn't Be Surprised By Ruitai Materials Technology Co., Ltd.'s (SZSE:002066) 26% Share Price PlungeThe Ruitai Materials Technology Co., Ltd. ( SZSE:002066 ) share price has fared very poorly over the last month...Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥11.07, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 9x in the Basic Materials industry in China. Total returns to shareholders of 37% over the past three years.お知らせ • Dec 30Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 06, 2024Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 06, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.079 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.079 in 3Q 2022). Revenue: CN¥1.11b (down 3.9% from 3Q 2022). Net income: CN¥16.1m (down 11% from 3Q 2022). Profit margin: 1.5% (down from 1.6% in 3Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.New Risk • Sep 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.044 (vs CN¥0.044 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.044 (in line with 2Q 2022). Revenue: CN¥1.17b (down 4.9% from 2Q 2022). Net income: CN¥10.2m (up 1.0% from 2Q 2022). Profit margin: 0.9% (in line with 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 01Ruitai Materials Technology Co., Ltd. Implements Final Cash Dividend on A Shares for the Year 2022, Payable on 07 June 2023Ruitai Materials Technology Co., Ltd. announced the implementation of final Cash dividend (tax included) of CNY 0.80000000 per 10 A shares. Record date: 06 June 2023 and Ex-date: 07 June 2023. Payment date: 07 June 2023.Buying Opportunity • Apr 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be CN¥13.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.Reported Earnings • Apr 12Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CN¥0.29 (up from CN¥0.21 in FY 2021). Revenue: CN¥4.82b (up 6.2% from FY 2021). Net income: CN¥66.2m (up 39% from FY 2021). Profit margin: 1.4% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 10%. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Mar 06Now 20% undervaluedOver the last 90 days, the stock is up 3.3%. The fair value is estimated to be CN¥17.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 47% in the next 2 years.Reported Earnings • Jan 11Full year 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.21 in FY 2021)Full year 2022 results: EPS: CN¥0.29 (up from CN¥0.21 in FY 2021). Revenue: CN¥4.82b (up 6.2% from FY 2021). Net income: CN¥67.0m (up 40% from FY 2021). Profit margin: 1.4% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 21Third quarter 2022 earnings released: EPS: CN¥0.079 (vs CN¥0.051 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.079 (up from CN¥0.051 in 3Q 2021). Revenue: CN¥1.16b (up 9.2% from 3Q 2021). Net income: CN¥18.2m (up 53% from 3Q 2021). Profit margin: 1.6% (up from 1.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.044 (vs CN¥0.039 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.044 (up from CN¥0.039 in 2Q 2021). Revenue: CN¥1.23b (up 1.1% from 2Q 2021). Net income: CN¥10.1m (up 13% from 2Q 2021). Profit margin: 0.8% (up from 0.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 17% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 07Second quarter 2022 earnings released: EPS: CN¥0.044 (vs CN¥0.039 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.044 (up from CN¥0.039 in 2Q 2021). Revenue: CN¥1.23b (up 1.1% from 2Q 2021). Net income: CN¥10.1m (up 13% from 2Q 2021). Profit margin: 0.8% (up from 0.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 19% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to CN¥11.70, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 42% over the past three years.Buying Opportunity • Jun 09Now 21% undervaluedOver the last 90 days, the stock is up 5.3%. The fair value is estimated to be CN¥15.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 30% in 2 years. Earnings is forecast to grow by 59% in the next 2 years.Valuation Update With 7 Day Price Move • May 30Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥12.71, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 9x in the Basic Materials industry in China. Total returns to shareholders of 55% over the past three years.お知らせ • May 10Ruitai Materials Technology Co., Ltd. Approves the Election of Hou Diyang and Song Zuobao as Non-Independent DirectorsRuitai Materials Technology Co., Ltd. held its 2nd Extraordinary General Meeting of 2022 on 06 May 2022, approved the election of Hou Diyang and Song Zuobao as non-independent directors.お知らせ • Apr 22Ruitai Materials Technology Co., Ltd. Approves Election of Yu Xingxi as Independent DirectorRuitai Materials Technology Co., Ltd. at the AGM held on April 20, 2022, approved Election of Yu Xingxi as independent director.お知らせ • Mar 31Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 20, 2022Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 20, 2022, at 13:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; and to consider any other matter.Reported Earnings • Mar 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.20 (up from CN¥0.12 in FY 2020). Revenue: CN¥4.54b (up 7.6% from FY 2020). Net income: CN¥47.3m (up 70% from FY 2020). Profit margin: 1.0% (up from 0.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 14%, compared to a 20% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 07Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.20 (up from CN¥0.12 in FY 2020). Revenue: CN¥4.54b (up 7.6% from FY 2020). Net income: CN¥47.3m (up 70% from FY 2020). Profit margin: 1.0% (up from 0.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 7.0%. Earnings per share (EPS) missed analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 31%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 21Third quarter 2021 earnings released: EPS CN¥0.051 (vs CN¥0.036 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.06b (up 2.1% from 3Q 2020). Net income: CN¥11.9m (up 43% from 3Q 2020). Profit margin: 1.1% (up from 0.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 25Second quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.056 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.22b (up 9.3% from 2Q 2020). Net income: CN¥8.96m (down 30% from 2Q 2020). Profit margin: 0.7% (down from 1.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 14Second quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.056 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.22b (up 9.3% from 2Q 2020). Net income: CN¥8.96m (down 30% from 2Q 2020). Profit margin: 0.7% (down from 1.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 25First quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.042 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.13b (up 31% from 1Q 2020). Net income: CN¥14.2m (up CN¥23.8m from 1Q 2020). Profit margin: 1.3% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 02Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.11 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥4.22b (up 8.1% from FY 2019). Net income: CN¥27.7m (up 8.2% from FY 2019). Profit margin: 0.7% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Mar 11New 90-day high: CN¥10.19The company is up 11% from its price of CN¥9.17 on 11 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 7.0% over the same period.お知らせ • Feb 24Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 02, 2021Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 02, 2021Is New 90 Day High Low • Jan 11New 90-day low: CN¥8.03The company is down 23% from its price of CN¥10.44 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 2.0% over the same period.Is New 90 Day High Low • Dec 23New 90-day low: CN¥9.05The company is down 7.0% from its price of CN¥9.75 on 24 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Basic Materials industry, which is also down 7.0% over the same period.Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥26.9m, up 38% from the prior year. Total revenue was CN¥4.05b over the last 12 months, up 5.8% from the prior year.お知らせ • Oct 20Ruitai Materials Technology Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Ruitai Materials Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020お知らせ • Sep 01+ 1 more updateRuitai Materials Technology Co., Ltd. announced that it expects to receive CNY 664.587 million in funding from Wugang Group Co.,Ltd, Magang (Group) Holding Company LtdRuitai Materials Technology Co., Ltd. (SZSE:002066) announced a private placement of not more than 69,300,000 common shares at a price of CNY 9.59 per share for gross proceeds of CNY 664,587,000 on August 28, 2020. The securities subscribed by the investors cannot be transferred within 36 months from the issuance closing date. The transaction was approved by the 4th Meeting of the company’s 7th Directorate and 3rd Meeting of the 7th Supervisory Board.お知らせ • Aug 07Ruitai Materials Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020Ruitai Materials Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020業績と収益の成長予測SZSE:002066 - アナリストの将来予測と過去の財務データ ( )CNY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20284,710141N/A187112/31/20274,388101N/A170112/31/20264,09681N/A14713/31/20263,718-77-89-58N/A12/31/20253,872-584489N/A9/30/20253,84818163200N/A6/30/20254,07342301363N/A3/31/20254,19651272348N/A12/31/20244,35257262352N/A9/30/20244,6276575204N/A6/30/20244,63578239342N/A3/31/20244,69873106210N/A12/31/20234,62973100185N/A9/30/20234,55568107156N/A6/30/20234,60070113163N/A3/31/20234,66070189228N/A1/1/20234,81966252287N/A9/30/20224,74759238288N/A6/30/20224,64953162220N/A3/31/20224,63652195252N/A1/1/20224,53848189246N/A9/30/20214,60651281318N/A6/30/20214,58448339390N/A3/31/20214,48152279334N/A12/31/20204,21628230285N/A9/30/20204,0492718110N/A6/30/20203,85120-138-67N/A3/31/20203,6209167247N/A12/31/20193,90026N/A164N/A9/30/20193,82519N/A383N/A6/30/20193,95320N/A484N/A3/31/20194,00818N/A122N/A12/31/20183,78617N/A339N/A9/30/20183,54716N/A221N/A6/30/20183,10816N/A213N/A3/31/20182,65816N/A150N/A12/31/20172,17715N/A194N/A9/30/20171,9065N/A92N/A6/30/20171,78726N/A173N/A3/31/20171,75726N/A222N/A12/31/20161,75525N/A133N/A9/30/20161,737-38N/A53N/A6/30/20161,749-79N/A-40N/A3/31/20161,802-79N/A46N/A12/31/20151,845-80N/A18N/A9/30/20151,939-16N/A101N/A6/30/20152,0673N/A147N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 002066は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 2.4% ) よりも高い成長率であると考えられます。収益対市場: 002066今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 002066今後 3 年以内に収益を上げることが予想されます。収益対市場: 002066の収益 ( 8.3% ) CN市場 ( 16.2% ) よりも低い成長が予測されています。高い収益成長: 002066の収益 ( 8.3% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 002066の 自己資本利益率 は、3年後には低くなると予測されています ( 4.5 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 10:00終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ruitai Materials Technology Co., Ltd. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Jingru MaBohai Securities Co., Ltd.Lei ShiEverbright Securities Co. Ltd.Yanhe FangHuatai Research
Reported Earnings • Apr 10Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: CN¥0.25 loss per share (down from CN¥0.25 profit in FY 2024). Revenue: CN¥3.87b (down 11% from FY 2024). Net loss: CN¥57.8m (down 201% from profit in FY 2024). Revenue missed analyst estimates by 15%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
お知らせ • Apr 10Ruitai Materials Technology Co., Ltd., Annual General Meeting, May 07, 2026Ruitai Materials Technology Co., Ltd., Annual General Meeting, May 07, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China
お知らせ • Mar 31Ruitai Materials Technology Co., Ltd. to Report Q1, 2026 Results on Apr 22, 2026Ruitai Materials Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 22, 2026
お知らせ • Dec 31Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2026Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2026
Reported Earnings • Oct 31Third quarter 2025 earnings released: CN¥0.084 loss per share (vs CN¥0.015 profit in 3Q 2024)Third quarter 2025 results: CN¥0.084 loss per share (down from CN¥0.015 profit in 3Q 2024). Revenue: CN¥880.1m (down 20% from 3Q 2024). Net loss: CN¥20.5m (down CN¥24.0m from profit in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Ruitai Materials Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025Ruitai Materials Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025
New Risk • Sep 05New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 63% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).
New Risk • Sep 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin).
お知らせ • Jul 02Ruitai Materials Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025Ruitai Materials Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025
Reported Earnings • Apr 11Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: CN¥0.25 (down from CN¥0.32 in FY 2023). Revenue: CN¥4.35b (down 6.0% from FY 2023). Net income: CN¥57.0m (down 22% from FY 2023). Profit margin: 1.3% (down from 1.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 11Ruitai Materials Technology Co., Ltd. Proposes Final Cash Dividend for 2024Ruitai Materials Technology Co., Ltd. announced on 10 April 2025 the profit distribution proposal for 2024 as follows: Final Cash dividend per 10 shares (tax included) of CNY 1.50000000.
お知らせ • Apr 10Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 30, 2025Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 30, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China
お知らせ • Mar 31Ruitai Materials Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025Ruitai Materials Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025
Buy Or Sell Opportunity • Feb 19Now 20% overvaluedOver the last 90 days, the stock has fallen 1.1% to CN¥11.23. The fair value is estimated to be CN¥9.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 11%.
Reported Earnings • Jan 15Full year 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.32 in FY 2023)Full year 2024 results: EPS: CN¥0.27 (down from CN¥0.32 in FY 2023). Revenue: CN¥4.38b (down 5.3% from FY 2023). Net income: CN¥62.1m (down 15% from FY 2023). Profit margin: 1.4% (down from 1.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 31Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025
分析記事 • Dec 02The Returns On Capital At Ruitai Materials Technology (SZSE:002066) Don't Inspire ConfidenceWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
分析記事 • Nov 06Ruitai Materials Technology's (SZSE:002066) Solid Earnings May Rest On Weak FoundationsThe recent earnings posted by Ruitai Materials Technology Co., Ltd. ( SZSE:002066 ) were solid, but the stock didn't...
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.015 (vs CN¥0.07 in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.015 (down from CN¥0.07 in 3Q 2023). Revenue: CN¥1.11b (flat on 3Q 2023). Net income: CN¥3.52m (down 78% from 3Q 2023). Profit margin: 0.3% (down from 1.5% in 3Q 2023). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
分析記事 • Oct 08Earnings Not Telling The Story For Ruitai Materials Technology Co., Ltd. (SZSE:002066) After Shares Rise 37%Ruitai Materials Technology Co., Ltd. ( SZSE:002066 ) shareholders have had their patience rewarded with a 37% share...
お知らせ • Sep 30Ruitai Materials Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Ruitai Materials Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to CN¥9.63, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Basic Materials industry in China. Total returns to shareholders of 3.1% over the past three years.
New Risk • Aug 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (65% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results.
Reported Earnings • Aug 06Second quarter 2024 earnings released: EPS: CN¥0.065 (vs CN¥0.044 in 2Q 2023)Second quarter 2024 results: EPS: CN¥0.065 (up from CN¥0.044 in 2Q 2023). Revenue: CN¥1.11b (down 5.4% from 2Q 2023). Net income: CN¥15.1m (up 48% from 2Q 2023). Profit margin: 1.4% (up from 0.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • Jul 31Now 22% overvaluedOver the last 90 days, the stock has fallen 9.9% to CN¥8.00. The fair value is estimated to be CN¥6.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
Buy Or Sell Opportunity • Jul 11Now 21% overvaluedOver the last 90 days, the stock has fallen 14% to CN¥7.97. The fair value is estimated to be CN¥6.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
Buy Or Sell Opportunity • Jul 01Now 23% overvaluedOver the last 90 days, the stock has fallen 11% to CN¥8.15. The fair value is estimated to be CN¥6.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
お知らせ • Jun 29Ruitai Materials Technology Co., Ltd. to Report First Half, 2024 Results on Aug 06, 2024Ruitai Materials Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 06, 2024
Buy Or Sell Opportunity • Jun 25Now 20% overvaluedOver the last 90 days, the stock has fallen 8.3% to CN¥7.87. The fair value is estimated to be CN¥6.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
Buy Or Sell Opportunity • Jun 07Now 25% overvaluedOver the last 90 days, the stock has fallen 1.7% to CN¥8.29. The fair value is estimated to be CN¥6.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years.
Declared Dividend • May 25Dividend increased to CN¥0.10Dividend of CN¥0.10 is 25% higher than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 25Ruitai Materials Technology Co., Ltd. Approves Final Cash Dividend of 10 A Shares for 2023, Payable on 29 May 2024Ruitai Materials Technology Co., Ltd. approved the final cash dividend of CNY 1.00000000 per 10 A shares for 2023. Record date: 28 May 2024. Ex-date: 29 May 2024. Payment date: 29 May 2024.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.096 in 1Q 2023)First quarter 2024 results: EPS: CN¥0.097 (up from CN¥0.096 in 1Q 2023). Revenue: CN¥1.14b (up 6.5% from 1Q 2023). Net income: CN¥22.4m (up 1.4% from 1Q 2023). Profit margin: 2.0% (down from 2.1% in 1Q 2023). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to CN¥7.82, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Basic Materials industry in China. Total loss to shareholders of 18% over the past three years.
お知らせ • Mar 30Ruitai Materials Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Ruitai Materials Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
分析記事 • Mar 12Ruitai Materials Technology's (SZSE:002066) Profits Appear To Have Quality IssuesThe recent earnings posted by Ruitai Materials Technology Co., Ltd. ( SZSE:002066 ) were solid, but the stock didn't...
分析記事 • Mar 11One Ruitai Materials Technology Co., Ltd. (SZSE:002066) Analyst Just Made A Major Cut To Next Year's EstimatesThe analyst covering Ruitai Materials Technology Co., Ltd. ( SZSE:002066 ) delivered a dose of negativity to...
お知らせ • Mar 07+ 1 more updateRuitai Materials Technology Co., Ltd., Annual General Meeting, Apr 01, 2024Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 01, 2024, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Agenda: To consider and approve 2023 work report of the board of directors; to consider and approve 2023 work report of independent directors;to consider and approve 2023 work report of the supervisory committee;to consider and approve 2023 annual accounts and 2024 budget report;to consider and approve 2023 profit distribution plan;to consider and approve 2023 annual report and its summary;to consider and approve allowance for independent directors;to consider and approve amendments to the Company's some articles of association;and to consider other matters.
Reported Earnings • Mar 06Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: EPS: CN¥0.32 (up from CN¥0.29 in FY 2022). Revenue: CN¥4.63b (down 4.0% from FY 2022). Net income: CN¥72.8m (up 9.9% from FY 2022). Profit margin: 1.6% (up from 1.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
分析記事 • Feb 28Why Investors Shouldn't Be Surprised By Ruitai Materials Technology Co., Ltd.'s (SZSE:002066) 26% Share Price PlungeThe Ruitai Materials Technology Co., Ltd. ( SZSE:002066 ) share price has fared very poorly over the last month...
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment improves as stock rises 15%After last week's 15% share price gain to CN¥11.07, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 9x in the Basic Materials industry in China. Total returns to shareholders of 37% over the past three years.
お知らせ • Dec 30Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 06, 2024Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 06, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.079 in 3Q 2022)Third quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.079 in 3Q 2022). Revenue: CN¥1.11b (down 3.9% from 3Q 2022). Net income: CN¥16.1m (down 11% from 3Q 2022). Profit margin: 1.5% (down from 1.6% in 3Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
New Risk • Sep 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.044 (vs CN¥0.044 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.044 (in line with 2Q 2022). Revenue: CN¥1.17b (down 4.9% from 2Q 2022). Net income: CN¥10.2m (up 1.0% from 2Q 2022). Profit margin: 0.9% (in line with 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 01Ruitai Materials Technology Co., Ltd. Implements Final Cash Dividend on A Shares for the Year 2022, Payable on 07 June 2023Ruitai Materials Technology Co., Ltd. announced the implementation of final Cash dividend (tax included) of CNY 0.80000000 per 10 A shares. Record date: 06 June 2023 and Ex-date: 07 June 2023. Payment date: 07 June 2023.
Buying Opportunity • Apr 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be CN¥13.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 21% per annum over the same time period.
Reported Earnings • Apr 12Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: EPS: CN¥0.29 (up from CN¥0.21 in FY 2021). Revenue: CN¥4.82b (up 6.2% from FY 2021). Net income: CN¥66.2m (up 39% from FY 2021). Profit margin: 1.4% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 10%. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Mar 06Now 20% undervaluedOver the last 90 days, the stock is up 3.3%. The fair value is estimated to be CN¥17.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 47% in the next 2 years.
Reported Earnings • Jan 11Full year 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.21 in FY 2021)Full year 2022 results: EPS: CN¥0.29 (up from CN¥0.21 in FY 2021). Revenue: CN¥4.82b (up 6.2% from FY 2021). Net income: CN¥67.0m (up 40% from FY 2021). Profit margin: 1.4% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 21Third quarter 2022 earnings released: EPS: CN¥0.079 (vs CN¥0.051 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.079 (up from CN¥0.051 in 3Q 2021). Revenue: CN¥1.16b (up 9.2% from 3Q 2021). Net income: CN¥18.2m (up 53% from 3Q 2021). Profit margin: 1.6% (up from 1.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 26Second quarter 2022 earnings released: EPS: CN¥0.044 (vs CN¥0.039 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.044 (up from CN¥0.039 in 2Q 2021). Revenue: CN¥1.23b (up 1.1% from 2Q 2021). Net income: CN¥10.1m (up 13% from 2Q 2021). Profit margin: 0.8% (up from 0.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 17% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 07Second quarter 2022 earnings released: EPS: CN¥0.044 (vs CN¥0.039 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.044 (up from CN¥0.039 in 2Q 2021). Revenue: CN¥1.23b (up 1.1% from 2Q 2021). Net income: CN¥10.1m (up 13% from 2Q 2021). Profit margin: 0.8% (up from 0.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 19% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 14Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to CN¥11.70, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 42% over the past three years.
Buying Opportunity • Jun 09Now 21% undervaluedOver the last 90 days, the stock is up 5.3%. The fair value is estimated to be CN¥15.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 30% in 2 years. Earnings is forecast to grow by 59% in the next 2 years.
Valuation Update With 7 Day Price Move • May 30Investor sentiment improved over the past weekAfter last week's 25% share price gain to CN¥12.71, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 9x in the Basic Materials industry in China. Total returns to shareholders of 55% over the past three years.
お知らせ • May 10Ruitai Materials Technology Co., Ltd. Approves the Election of Hou Diyang and Song Zuobao as Non-Independent DirectorsRuitai Materials Technology Co., Ltd. held its 2nd Extraordinary General Meeting of 2022 on 06 May 2022, approved the election of Hou Diyang and Song Zuobao as non-independent directors.
お知らせ • Apr 22Ruitai Materials Technology Co., Ltd. Approves Election of Yu Xingxi as Independent DirectorRuitai Materials Technology Co., Ltd. at the AGM held on April 20, 2022, approved Election of Yu Xingxi as independent director.
お知らせ • Mar 31Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 20, 2022Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 20, 2022, at 13:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; and to consider any other matter.
Reported Earnings • Mar 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.20 (up from CN¥0.12 in FY 2020). Revenue: CN¥4.54b (up 7.6% from FY 2020). Net income: CN¥47.3m (up 70% from FY 2020). Profit margin: 1.0% (up from 0.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 14%, compared to a 20% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 07Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.20 (up from CN¥0.12 in FY 2020). Revenue: CN¥4.54b (up 7.6% from FY 2020). Net income: CN¥47.3m (up 70% from FY 2020). Profit margin: 1.0% (up from 0.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 7.0%. Earnings per share (EPS) missed analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 31%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 21Third quarter 2021 earnings released: EPS CN¥0.051 (vs CN¥0.036 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.06b (up 2.1% from 3Q 2020). Net income: CN¥11.9m (up 43% from 3Q 2020). Profit margin: 1.1% (up from 0.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 25Second quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.056 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.22b (up 9.3% from 2Q 2020). Net income: CN¥8.96m (down 30% from 2Q 2020). Profit margin: 0.7% (down from 1.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 14Second quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.056 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.22b (up 9.3% from 2Q 2020). Net income: CN¥8.96m (down 30% from 2Q 2020). Profit margin: 0.7% (down from 1.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 25First quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.042 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.13b (up 31% from 1Q 2020). Net income: CN¥14.2m (up CN¥23.8m from 1Q 2020). Profit margin: 1.3% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 02Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.11 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥4.22b (up 8.1% from FY 2019). Net income: CN¥27.7m (up 8.2% from FY 2019). Profit margin: 0.7% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Mar 11New 90-day high: CN¥10.19The company is up 11% from its price of CN¥9.17 on 11 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 7.0% over the same period.
お知らせ • Feb 24Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 02, 2021Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 02, 2021
Is New 90 Day High Low • Jan 11New 90-day low: CN¥8.03The company is down 23% from its price of CN¥10.44 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Dec 23New 90-day low: CN¥9.05The company is down 7.0% from its price of CN¥9.75 on 24 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Basic Materials industry, which is also down 7.0% over the same period.
Reported Earnings • Oct 28Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥26.9m, up 38% from the prior year. Total revenue was CN¥4.05b over the last 12 months, up 5.8% from the prior year.
お知らせ • Oct 20Ruitai Materials Technology Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020Ruitai Materials Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020
お知らせ • Sep 01+ 1 more updateRuitai Materials Technology Co., Ltd. announced that it expects to receive CNY 664.587 million in funding from Wugang Group Co.,Ltd, Magang (Group) Holding Company LtdRuitai Materials Technology Co., Ltd. (SZSE:002066) announced a private placement of not more than 69,300,000 common shares at a price of CNY 9.59 per share for gross proceeds of CNY 664,587,000 on August 28, 2020. The securities subscribed by the investors cannot be transferred within 36 months from the issuance closing date. The transaction was approved by the 4th Meeting of the company’s 7th Directorate and 3rd Meeting of the 7th Supervisory Board.
お知らせ • Aug 07Ruitai Materials Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020Ruitai Materials Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020