Zhejiang Runtu（002440）株式概要浙江倫通有限公司は、中国で染料を製造・販売している。 詳細002440 ファンダメンタル分析スノーフレーク・スコア評価5/6将来の成長3/6過去の実績4/6財務の健全性6/6配当金3/6報酬当社が推定した公正価値より63.9%で取引されている 収益は年間20.57%増加すると予測されています 過去1年間で収益は209.8%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析不安定な配当実績 すべてのリスクチェックを見る002440 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW488,799 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG488,799 investors already sharing narrativesYour Fair ValueCN¥Current PriceCN¥10.7131.8% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture013b2016201920222025202620282031Revenue CN¥13.1bEarnings CN¥1.7bAdvancedSet Fair ValueView all narrativesZhejiang Runtu Co., Ltd. 競合他社Guangdong Guanghua Sci-TechSymbol: SZSE:002741Market cap: CN¥11.5bJiangsu Cnano TechnologySymbol: SHSE:688116Market cap: CN¥11.2bGuangdong Dowstone TechnologySymbol: SZSE:300409Market cap: CN¥12.7bGuizhou RedStar DevelopingLtdSymbol: SHSE:600367Market cap: CN¥11.2b価格と性能株価の高値、安値、推移の概要Zhejiang Runtu過去の株価現在の株価CN¥10.7152週高値CN¥16.4552週安値CN¥6.71ベータ0.691ヶ月の変化7.21%3ヶ月変化-9.01%1年変化37.13%3年間の変化55.67%5年間の変化25.12%IPOからの変化41.11%最新ニュースNew Risk • Jul 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.3% 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 (9.3% average weekly change).Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.47, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 50% over the past three years.お知らせ • Jun 30Zhejiang Runtu Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Zhejiang Runtu Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥9.98, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 58% over the past three years.New Risk • Apr 29New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. 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 (9.0% average weekly change).Reported Earnings • Apr 29Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CN¥0.61 (up from CN¥0.19 in FY 2024). Revenue: CN¥5.73b (flat on FY 2024). Net income: CN¥669.4m (up 213% from FY 2024). Profit margin: 12% (up from 3.7% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 126%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.最新情報をもっと見るRecent updatesNew Risk • Jul 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.3% 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 (9.3% average weekly change).Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.47, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 50% over the past three years.お知らせ • Jun 30Zhejiang Runtu Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Zhejiang Runtu Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥9.98, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 58% over the past three years.New Risk • Apr 29New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. 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 (9.0% average weekly change).Reported Earnings • Apr 29Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CN¥0.61 (up from CN¥0.19 in FY 2024). Revenue: CN¥5.73b (flat on FY 2024). Net income: CN¥669.4m (up 213% from FY 2024). Profit margin: 12% (up from 3.7% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 126%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 29Zhejiang Runtu Co., Ltd., Annual General Meeting, May 29, 2026Zhejiang Runtu Co., Ltd., Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: Building 1, No. 1009, Shimin Avenue, Shangyu District, Shaoxing, Zhejiang ChinaNew Risk • Apr 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Mar 31Zhejiang Runtu Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Zhejiang Runtu Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026Valuation Update With 7 Day Price Move • Mar 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥12.42, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 73% over the past three years.New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% 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 (7.5% average weekly change).Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥14.95, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 114% over the past three years.Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥9.01, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 31% over the past three years.お知らせ • Dec 31Zhejiang Runtu Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Zhejiang Runtu Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.07 (vs CN¥0.04 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.07 (up from CN¥0.04 in 3Q 2024). Revenue: CN¥1.46b (up 5.4% from 3Q 2024). Net income: CN¥75.3m (up 63% from 3Q 2024). Profit margin: 5.2% (up from 3.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 15% growth forecast for the Chemicals 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 1% per year, which means it is well ahead of earnings.お知らせ • Sep 30Zhejiang Runtu Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Zhejiang Runtu Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025お知らせ • Jul 02Zhejiang Runtu Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Zhejiang Runtu Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025Declared Dividend • Jun 13Dividend of CN¥0.15 announcedDividend of CN¥0.15 is the same as last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 40% over the next year, which should provide support to the dividend and adequate earnings cover.お知らせ • May 27Zhejiang Runtu Co., Ltd. Approves Dividend for 2024Zhejiang Runtu Co., Ltd. at its AGM held on May 23, 2025 approved Cash dividend/10 shares (tax included): CNY 1.50000000 for 2024.New Risk • May 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Dividend is not well covered by earnings (175% payout ratio). Large one-off items impacting financial results.Reported Earnings • Apr 29Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.19 (up from CN¥0.04 in FY 2023). Revenue: CN¥5.70b (up 1.9% from FY 2023). Net income: CN¥213.5m (up 366% from FY 2023). Profit margin: 3.7% (up from 0.8% in FY 2023). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 9.5%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.お知らせ • Apr 29Zhejiang Runtu Co., Ltd., Annual General Meeting, May 23, 2025Zhejiang Runtu Co., Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time.お知らせ • Mar 31Zhejiang Runtu Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Zhejiang Runtu Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025分析記事 • Jan 27Zhejiang Runtu Co., Ltd.'s (SZSE:002440) Price Is Right But Growth Is LackingYou may think that with a price-to-sales (or "P/S") ratio of 1.4x Zhejiang Runtu Co., Ltd. ( SZSE:002440 ) is a stock...Board Change • Jan 26Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jian Wo was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.分析記事 • Jan 04We Think Zhejiang Runtu (SZSE:002440) Can Manage Its Debt With EaseLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Dec 31Zhejiang Runtu Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Zhejiang Runtu Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025分析記事 • Nov 06Zhejiang Runtu's (SZSE:002440) Conservative Accounting Might Explain Soft EarningsThe market for Zhejiang Runtu Co., Ltd.'s ( SZSE:002440 ) shares didn't move much after it posted weak earnings...Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.035 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.04 (up from CN¥0.035 loss in 3Q 2023). Revenue: CN¥1.38b (up 6.8% from 3Q 2023). Net income: CN¥46.4m (up CN¥88.0m from 3Q 2023). Profit margin: 3.4% (up from net loss in 3Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.お知らせ • Sep 30Zhejiang Runtu Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Zhejiang Runtu Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024分析記事 • Sep 26Is Zhejiang Runtu (SZSE:002440) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Aug 31Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: CN¥1.44b (down 8.6% from 2Q 2023). Net income: CN¥103.3m (down 23% from 2Q 2023). Profit margin: 7.2% (down from 8.6% in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.分析記事 • Jul 29Zhejiang Runtu Co., Ltd.'s (SZSE:002440) Business And Shares Still Trailing The IndustryYou may think that with a price-to-sales (or "P/S") ratio of 1.1x Zhejiang Runtu Co., Ltd. ( SZSE:002440 ) is a stock...お知らせ • Jun 29Zhejiang Runtu Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Zhejiang Runtu Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024分析記事 • Jun 21Zhejiang Runtu (SZSE:002440) Is Reducing Its Dividend To CN¥0.15Zhejiang Runtu Co., Ltd. ( SZSE:002440 ) has announced that on 26th of June, it will be paying a dividend ofCN¥0.15...Declared Dividend • Jun 21Dividend reduced to CN¥0.15Dividend of CN¥0.15 is 40% lower than last year. Ex-date: 26th June 2024 Payment date: 26th June 2024 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (445% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 395% to bring the payout ratio under control. EPS is expected to grow by 76% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • Jun 20Zhejiang Runtu Co., Ltd. Announces Final Dividend on A Shares for the Year 2023, Payable on 26 June 2024Zhejiang Runtu Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.50000000 on A shares for the year 2023. Record date is 25 June 2024. Ex-date is 26 June 2024. Payment date is 26 June 2024.分析記事 • Jun 07Is Zhejiang Runtu (SZSE:002440) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...お知らせ • May 02Zhejiang Runtu Co., Ltd. Proposes Final Cash Dividend for the Year 2023Zhejiang Runtu Co., Ltd. proposed final cash dividend of CNY 1.50000000 per ten shares (tax included) for the year 2023.お知らせ • May 01Zhejiang Runtu Co., Ltd., Annual General Meeting, May 24, 2024Zhejiang Runtu Co., Ltd., Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: Building 1, No. 1009, Shimin Avenue, Shangyu District, Shaoxing, Zhejiang ChinaNew Risk • Apr 30New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 179% Paying a dividend despite having no free cash flows. Earnings have declined by 32% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).Reported Earnings • Apr 30First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: CN¥1.25b (down 6.9% from 1Q 2023). Net income: CN¥1.31m (down 86% from 1Q 2023). Profit margin: 0.1% (down from 0.7% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Mar 30Zhejiang Runtu Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Zhejiang Runtu Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥5.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Chemicals industry in China. Total loss to shareholders of 43% over the past three years.お知らせ • Dec 30Zhejiang Runtu Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Zhejiang Runtu Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.035 loss per share (vs CN¥0.046 profit in 3Q 2022)Third quarter 2023 results: CN¥0.035 loss per share (down from CN¥0.046 profit in 3Q 2022). Revenue: CN¥1.30b (down 10% from 3Q 2022). Net loss: CN¥41.6m (down 182% from profit in 3Q 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Sep 30Zhejiang Runtu Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Zhejiang Runtu Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023New Risk • Sep 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 45% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 111% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin).Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.25 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.25 in 2Q 2022). Revenue: CN¥1.57b (down 14% from 2Q 2022). Net income: CN¥134.5m (down 53% from 2Q 2022). Profit margin: 8.6% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.お知らせ • Jun 14Zhejiang Runtu Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 20 June 2023Zhejiang Runtu Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 2.50000000 for the year 2022, payable on 20 June 2023. Record date is 19 June 2023. Ex-date is 20 June 2023.お知らせ • Jun 01Zhejiang Runtu Co., Ltd. Approves Dividend for 2022Zhejiang Runtu Co., Ltd. announced at the AGM held on May 26, 2023 that the company approved Cash dividend/10 shares (tax included) of CNY2.50000000 for 2022.お知らせ • May 06+ 1 more updateZhejiang Runtu Co., Ltd., Annual General Meeting, May 26, 2023Zhejiang Runtu Co., Ltd., Annual General Meeting, May 26, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 annual report and its summary; to consider 2022 profit distribution plan; to consider Confirmation of 2022 remuneration for directors and supervisors; to consider Reappointment of 2023 audit firm; to consider Provision of guarantee quota for subsidiaries and controlled sub-subsidiaries; and to consider other business matters.Reported Earnings • Apr 08Full year 2022 earnings released: EPS: CN¥0.57 (vs CN¥0.74 in FY 2021)Full year 2022 results: EPS: CN¥0.57 (down from CN¥0.74 in FY 2021). Revenue: CN¥6.30b (up 13% from FY 2021). Net income: CN¥645.2m (down 23% from FY 2021). Profit margin: 10% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Price Target Changed • Mar 09Price target decreased by 12% to CN¥10.02Down from CN¥11.43, the current price target is provided by 1 analyst. New target price is 28% above last closing price of CN¥7.85. Stock is down 3.9% over the past year. The company is forecast to post earnings per share of CN¥0.58 for next year compared to CN¥0.74 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Non-Independent Director Heng Ru was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Nov 06Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥5.93b to CN¥5.57b. EPS estimate also fell from CN¥0.79 per share to CN¥0.58 per share. Net income forecast to grow 53% next year vs 44% growth forecast for Chemicals industry in China. Consensus price target down from CN¥11.43 to CN¥10.91. Share price fell 10% to CN¥7.30 over the past week.Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.046 (vs CN¥0.24 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.046 (down from CN¥0.24 in 3Q 2021). Revenue: CN¥1.45b (down 3.3% from 3Q 2021). Net income: CN¥50.5m (down 81% from 3Q 2021). Profit margin: 3.5% (down from 18% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 14% per year.Buying Opportunity • Oct 11Now 21% undervaluedOver the last 90 days, the stock is up 1.0%. The fair value is estimated to be CN¥10.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 4.0% in a year. Earnings is forecast to grow by 22% in the next year.Reported Earnings • Sep 02Second quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.21 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.25 (up from CN¥0.21 in 2Q 2021). Revenue: CN¥1.84b (up 37% from 2Q 2021). Net income: CN¥288.6m (up 29% from 2Q 2021). Profit margin: 16% (down from 17% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 4.0%, compared to a 33% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.お知らせ • Jun 10Zhejiang Runtu Co., Ltd. Announces Cash Dividend of A Shares for the Year 2021, Payment Date Is 16 June 2022Zhejiang Runtu Co., Ltd. announced Cash dividend/10 shares (tax included) of CNY 3.50000000 of A shares for the year 2021. Record date is 15 June 2022. Ex-date is 16 June 2022. Payment date is 16 June 2022.お知らせ • May 24Zhejiang Runtu Co., Ltd. Approves Final Cash Dividend for 2021Zhejiang Runtu Co., Ltd. at its AGM held on May 20, 2022, approved final cash dividend per 10 shares tax included of CNY 3.5000 for 2021.お知らせ • May 08Zhejiang Runtu Co., Ltd. Proposes Final Cash Dividend for the Year 2021Zhejiang Runtu Co., Ltd. announced on May 5, 2022, the profit distribution proposal for 2021. Final cash dividend of CNY 3.50000000 per ten shares (tax included).お知らせ • May 07Zhejiang Runtu Co., Ltd., Annual General Meeting, May 20, 2022Zhejiang Runtu Co., Ltd., Annual General Meeting, May 20, 2022, at 14:00 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 annual report and its summary; to consider 2021 profit distribution plan; to consider determination of 2021 remuneration for directors and supervisors; to consider reappointment of 2022 audit firm; and to consider provision of guarantee quota for subsidiaries and controlled sub-subsidiaries.Reported Earnings • May 02First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: CN¥0.19 (up from CN¥0.15 in 1Q 2021). Revenue: CN¥1.58b (up 12% from 1Q 2021). Net income: CN¥211.1m (up 20% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates by 58%. Over the next year, revenue is forecast to grow 18%, compared to a 42% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year.Price Target Changed • Apr 27Price target decreased to CN¥11.37Down from CN¥12.67, the current price target is an average from 3 analysts. New target price is 47% above last closing price of CN¥7.74. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥1.06 for next year compared to CN¥0.76 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Non-Independent Director Heng Ru was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 31Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.76 (up from CN¥0.69 in FY 2020). Revenue: CN¥5.60b (up 7.0% from FY 2020). Net income: CN¥863.5m (up 9.6% from FY 2020). Profit margin: 15% (in line with FY 2020). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 19%, compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 20% per year.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.23, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Chemicals industry in China. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.63 per share.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.16 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.50b (up 7.7% from 3Q 2020). Net income: CN¥268.0m (up 48% from 3Q 2020). Profit margin: 18% (up from 13% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 30Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.13 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.34b (up 19% from 2Q 2020). Net income: CN¥224.2m (up 55% from 2Q 2020). Profit margin: 17% (up from 13% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • May 25Zhejiang Runtu Co., Ltd. Approves Cash Dividend for 2020Zhejiang Runtu Co., Ltd. at its AGM held on May 21, 2021, approved cash dividend of CNY 3.50000000 per 10 shares (tax included) for 2020.お知らせ • Apr 30Zhejiang Runtu Co., Ltd. Announces Final Dividend Profit Distribution Proposal for 2020Zhejiang Runtu Co., Ltd. announced final dividend profit distribution proposal for 2020 as follows: cash dividend/10 shares CNY 3.50000000 (tax included).Reported Earnings • Apr 30Full year 2020 earnings released: EPS CN¥0.69 (vs CN¥1.19 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.23b (down 20% from FY 2019). Net income: CN¥788.2m (down 43% from FY 2019). Profit margin: 15% (down from 21% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.Reported Earnings • Mar 12Full year 2020 earnings released: EPS CN¥0.68 (vs CN¥1.19 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.22b (down 20% from FY 2019). Net income: CN¥785.3m (down 43% from FY 2019). Profit margin: 15% (down from 21% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.Analyst Estimate Surprise Post Earnings • Mar 12Revenue and earnings miss expectationsRevenue missed analyst estimates by 9.6%. Earnings per share (EPS) also missed analyst estimates by 25%. Over the next year, revenue is forecast to grow 35%, compared to a 52% growth forecast for the Chemicals industry in China.Price Target Changed • Mar 03Price target raised to CN¥12.67Up from CN¥11.13, the current price target is an average from 4 analysts. The new target price is 18% above the current share price of CN¥10.71. As of last close, the stock is down 9.4% over the past year.Major Estimate Revision • Mar 03Analysts lower EPS estimates to CN¥0.90The 2020 consensus revenue estimate was lowered from CN¥6.14b to CN¥5.77b. Earning per share (EPS) estimate was also lowered from CN¥1.10 to CN¥0.90 for the same period. Net income is expected to grow by 43% next year compared to 48% growth forecast for the Chemicals industry in China. The consensus price target increased from CN¥11.13 to CN¥12.67. Share price is down by 4.4% to CN¥10.71 over the past week.Is New 90 Day High Low • Feb 02New 90-day high: CN¥10.98The company is up 20% from its price of CN¥9.17 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥17.45 per share.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥849.2m, down 38% from the prior year. Total revenue was CN¥5.06b over the last 12 months, down 22% from the prior year.Analyst Estimate Surprise Post Earnings • Nov 01Annual earnings released: Earnings miss expectationsEarnings per share (EPS) missed analyst estimates by 55% at CN¥0.15. Revenue is forecast to grow 30% over the next year, compared to a 33% growth forecast for the Chemicals industry in China.Is New 90 Day High Low • Oct 30New 90-day low: CN¥8.95The company is down 6.0% from its price of CN¥9.56 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥15.01 per share.お知らせ • Aug 12Zhejiang Runtu Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Zhejiang Runtu Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020株主還元002440CN ChemicalsCN 市場7D9.5%-9.9%-8.7%1Y37.1%28.5%10.0%株主還元を見る業界別リターン: 002440過去 1 年間で28.5 % の収益を上げたCN Chemicals業界を上回りました。リターン対市場: 002440過去 1 年間で10 % の収益を上げたCN市場を上回りました。価格変動Is 002440's price volatile compared to industry and market?002440 volatility002440 Average Weekly Movement9.4%Chemicals Industry Average Movement7.5%Market Average Movement7.2%10% most volatile stocks in CN Market11.9%10% least volatile stocks in CN Market4.3%安定した株価: 002440 、 CN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 002440の 週次ボラティリティ ( 9% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19863,762Jiewen Zhouwww.runtuchem.com浙江倫通有限公司は中国で染料を製造・販売している。分散染料、反応染料、直接染料、混合染料、カチオン染料、桶染料、および化学中間製品、繊維助剤、亜硫酸水素ナトリウム、硫酸、塩素化アルカリ、過酸化水素を提供している。Zhejiang Runtu Co., Ltd.は1986年に設立され、中国の紹興に本社を置いている。もっと見るZhejiang Runtu Co., Ltd. 基礎のまとめZhejiang Runtu の収益と売上を時価総額と比較するとどうか。002440 基礎統計学時価総額CN¥11.85b収益（TTM）CN¥805.29m売上高(TTM)CN¥6.13b14.7xPER（株価収益率1.9xP/Sレシオ002440 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計002440 損益計算書（TTM）収益CN¥6.13b売上原価CN¥4.89b売上総利益CN¥1.24bその他の費用CN¥433.69m収益CN¥805.29m直近の収益報告Mar 31, 2026次回決算日Aug 28, 2026一株当たり利益（EPS）0.73グロス・マージン20.20%純利益率13.13%有利子負債／自己資本比率1.2%002440 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.9%現在の配当利回り27%配当性向View Valuation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2026/07/19 09:38終値2026/07/17 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Zhejiang Runtu 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。10 アナリスト機関Xiling LiChina International Capital Corporation LimitedTao WeiGoldman SachsCheng GongGuosen Securities Co., Ltd.7 その他のアナリストを表示
New Risk • Jul 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.3% 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 (9.3% average weekly change).
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.47, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 50% over the past three years.
お知らせ • Jun 30Zhejiang Runtu Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Zhejiang Runtu Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥9.98, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 58% over the past three years.
New Risk • Apr 29New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. 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 (9.0% average weekly change).
Reported Earnings • Apr 29Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CN¥0.61 (up from CN¥0.19 in FY 2024). Revenue: CN¥5.73b (flat on FY 2024). Net income: CN¥669.4m (up 213% from FY 2024). Profit margin: 12% (up from 3.7% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 126%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Jul 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.3% 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 (9.3% average weekly change).
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥9.47, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 50% over the past three years.
お知らせ • Jun 30Zhejiang Runtu Co., Ltd. to Report First Half, 2026 Results on Aug 28, 2026Zhejiang Runtu Co., Ltd. announced that they will report first half, 2026 results on Aug 28, 2026
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to CN¥9.98, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 21x in the Chemicals industry in China. Total returns to shareholders of 58% over the past three years.
New Risk • Apr 29New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 32% per year over the past 5 years. 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 (9.0% average weekly change).
Reported Earnings • Apr 29Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: CN¥0.61 (up from CN¥0.19 in FY 2024). Revenue: CN¥5.73b (flat on FY 2024). Net income: CN¥669.4m (up 213% from FY 2024). Profit margin: 12% (up from 3.7% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 126%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 29Zhejiang Runtu Co., Ltd., Annual General Meeting, May 29, 2026Zhejiang Runtu Co., Ltd., Annual General Meeting, May 29, 2026, at 14:00 China Standard Time. Location: Building 1, No. 1009, Shimin Avenue, Shangyu District, Shaoxing, Zhejiang China
New Risk • Apr 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Mar 31Zhejiang Runtu Co., Ltd. to Report Q1, 2026 Results on Apr 29, 2026Zhejiang Runtu Co., Ltd. announced that they will report Q1, 2026 results on Apr 29, 2026
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to CN¥12.42, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 24x in the Chemicals industry in China. Total returns to shareholders of 73% over the past three years.
New Risk • Feb 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.5% 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 (7.5% average weekly change).
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 24%After last week's 24% share price gain to CN¥14.95, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 114% over the past three years.
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥9.01, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 27x in the Chemicals industry in China. Total returns to shareholders of 31% over the past three years.
お知らせ • Dec 31Zhejiang Runtu Co., Ltd. to Report Fiscal Year 2025 Results on Apr 29, 2026Zhejiang Runtu Co., Ltd. announced that they will report fiscal year 2025 results on Apr 29, 2026
Reported Earnings • Oct 29Third quarter 2025 earnings released: EPS: CN¥0.07 (vs CN¥0.04 in 3Q 2024)Third quarter 2025 results: EPS: CN¥0.07 (up from CN¥0.04 in 3Q 2024). Revenue: CN¥1.46b (up 5.4% from 3Q 2024). Net income: CN¥75.3m (up 63% from 3Q 2024). Profit margin: 5.2% (up from 3.4% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 15% growth forecast for the Chemicals 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 1% per year, which means it is well ahead of earnings.
お知らせ • Sep 30Zhejiang Runtu Co., Ltd. to Report Q3, 2025 Results on Oct 29, 2025Zhejiang Runtu Co., Ltd. announced that they will report Q3, 2025 results on Oct 29, 2025
お知らせ • Jul 02Zhejiang Runtu Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025Zhejiang Runtu Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025
Declared Dividend • Jun 13Dividend of CN¥0.15 announcedDividend of CN¥0.15 is the same as last year. Ex-date: 18th June 2025 Payment date: 18th June 2025 Dividend yield will be 1.8%, which is lower than the industry average of 2.6%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 40% over the next year, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 27Zhejiang Runtu Co., Ltd. Approves Dividend for 2024Zhejiang Runtu Co., Ltd. at its AGM held on May 23, 2025 approved Cash dividend/10 shares (tax included): CNY 1.50000000 for 2024.
New Risk • May 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Dividend is not well covered by earnings (175% payout ratio). Large one-off items impacting financial results.
Reported Earnings • Apr 29Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2024 results: EPS: CN¥0.19 (up from CN¥0.04 in FY 2023). Revenue: CN¥5.70b (up 1.9% from FY 2023). Net income: CN¥213.5m (up 366% from FY 2023). Profit margin: 3.7% (up from 0.8% in FY 2023). Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 9.5%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 29Zhejiang Runtu Co., Ltd., Annual General Meeting, May 23, 2025Zhejiang Runtu Co., Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time.
お知らせ • Mar 31Zhejiang Runtu Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Zhejiang Runtu Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
分析記事 • Jan 27Zhejiang Runtu Co., Ltd.'s (SZSE:002440) Price Is Right But Growth Is LackingYou may think that with a price-to-sales (or "P/S") ratio of 1.4x Zhejiang Runtu Co., Ltd. ( SZSE:002440 ) is a stock...
Board Change • Jan 26Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Jian Wo was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
分析記事 • Jan 04We Think Zhejiang Runtu (SZSE:002440) Can Manage Its Debt With EaseLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Dec 31Zhejiang Runtu Co., Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025Zhejiang Runtu Co., Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025
分析記事 • Nov 06Zhejiang Runtu's (SZSE:002440) Conservative Accounting Might Explain Soft EarningsThe market for Zhejiang Runtu Co., Ltd.'s ( SZSE:002440 ) shares didn't move much after it posted weak earnings...
Reported Earnings • Oct 31Third quarter 2024 earnings released: EPS: CN¥0.04 (vs CN¥0.035 loss in 3Q 2023)Third quarter 2024 results: EPS: CN¥0.04 (up from CN¥0.035 loss in 3Q 2023). Revenue: CN¥1.38b (up 6.8% from 3Q 2023). Net income: CN¥46.4m (up CN¥88.0m from 3Q 2023). Profit margin: 3.4% (up from net loss in 3Q 2023). Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Chemicals industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
お知らせ • Sep 30Zhejiang Runtu Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024Zhejiang Runtu Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024
分析記事 • Sep 26Is Zhejiang Runtu (SZSE:002440) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Aug 31Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: CN¥1.44b (down 8.6% from 2Q 2023). Net income: CN¥103.3m (down 23% from 2Q 2023). Profit margin: 7.2% (down from 8.6% in 2Q 2023). Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Chemicals industry in China. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance.
分析記事 • Jul 29Zhejiang Runtu Co., Ltd.'s (SZSE:002440) Business And Shares Still Trailing The IndustryYou may think that with a price-to-sales (or "P/S") ratio of 1.1x Zhejiang Runtu Co., Ltd. ( SZSE:002440 ) is a stock...
お知らせ • Jun 29Zhejiang Runtu Co., Ltd. to Report First Half, 2024 Results on Aug 31, 2024Zhejiang Runtu Co., Ltd. announced that they will report first half, 2024 results on Aug 31, 2024
分析記事 • Jun 21Zhejiang Runtu (SZSE:002440) Is Reducing Its Dividend To CN¥0.15Zhejiang Runtu Co., Ltd. ( SZSE:002440 ) has announced that on 26th of June, it will be paying a dividend ofCN¥0.15...
Declared Dividend • Jun 21Dividend reduced to CN¥0.15Dividend of CN¥0.15 is 40% lower than last year. Ex-date: 26th June 2024 Payment date: 26th June 2024 Dividend yield will be 2.6%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (445% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 1.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 395% to bring the payout ratio under control. EPS is expected to grow by 76% over the next year, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • Jun 20Zhejiang Runtu Co., Ltd. Announces Final Dividend on A Shares for the Year 2023, Payable on 26 June 2024Zhejiang Runtu Co., Ltd. announced final cash dividend/10 shares (tax included) of CNY 1.50000000 on A shares for the year 2023. Record date is 25 June 2024. Ex-date is 26 June 2024. Payment date is 26 June 2024.
分析記事 • Jun 07Is Zhejiang Runtu (SZSE:002440) Using Too Much Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
お知らせ • May 02Zhejiang Runtu Co., Ltd. Proposes Final Cash Dividend for the Year 2023Zhejiang Runtu Co., Ltd. proposed final cash dividend of CNY 1.50000000 per ten shares (tax included) for the year 2023.
お知らせ • May 01Zhejiang Runtu Co., Ltd., Annual General Meeting, May 24, 2024Zhejiang Runtu Co., Ltd., Annual General Meeting, May 24, 2024, at 14:00 China Standard Time. Location: Building 1, No. 1009, Shimin Avenue, Shangyu District, Shaoxing, Zhejiang China
New Risk • Apr 30New major risk - Revenue and earnings growthEarnings have declined by 32% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 179% Paying a dividend despite having no free cash flows. Earnings have declined by 32% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
Reported Earnings • Apr 30First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: CN¥1.25b (down 6.9% from 1Q 2023). Net income: CN¥1.31m (down 86% from 1Q 2023). Profit margin: 0.1% (down from 0.7% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 30Zhejiang Runtu Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024Zhejiang Runtu Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024
Valuation Update With 7 Day Price Move • Feb 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to CN¥5.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 14x in the Chemicals industry in China. Total loss to shareholders of 43% over the past three years.
お知らせ • Dec 30Zhejiang Runtu Co., Ltd. to Report Fiscal Year 2023 Results on Apr 30, 2024Zhejiang Runtu Co., Ltd. announced that they will report fiscal year 2023 results on Apr 30, 2024
Reported Earnings • Nov 01Third quarter 2023 earnings released: CN¥0.035 loss per share (vs CN¥0.046 profit in 3Q 2022)Third quarter 2023 results: CN¥0.035 loss per share (down from CN¥0.046 profit in 3Q 2022). Revenue: CN¥1.30b (down 10% from 3Q 2022). Net loss: CN¥41.6m (down 182% from profit in 3Q 2022). Revenue is forecast to grow 7.9% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Sep 30Zhejiang Runtu Co., Ltd. to Report Q3, 2023 Results on Oct 31, 2023Zhejiang Runtu Co., Ltd. announced that they will report Q3, 2023 results on Oct 31, 2023
New Risk • Sep 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 45% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 111% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.3% net profit margin).
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: CN¥0.10 (vs CN¥0.25 in 2Q 2022)Second quarter 2023 results: EPS: CN¥0.10 (down from CN¥0.25 in 2Q 2022). Revenue: CN¥1.57b (down 14% from 2Q 2022). Net income: CN¥134.5m (down 53% from 2Q 2022). Profit margin: 8.6% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 14Zhejiang Runtu Co., Ltd. Announces Final Profit Distribution Plan to Be Implemented on A Shares for the Year 2022, Payable on 20 June 2023Zhejiang Runtu Co., Ltd. announced final profit distribution plan to be implemented on A shares as cash dividend per ten shares (tax included) of CNY 2.50000000 for the year 2022, payable on 20 June 2023. Record date is 19 June 2023. Ex-date is 20 June 2023.
お知らせ • Jun 01Zhejiang Runtu Co., Ltd. Approves Dividend for 2022Zhejiang Runtu Co., Ltd. announced at the AGM held on May 26, 2023 that the company approved Cash dividend/10 shares (tax included) of CNY2.50000000 for 2022.
お知らせ • May 06+ 1 more updateZhejiang Runtu Co., Ltd., Annual General Meeting, May 26, 2023Zhejiang Runtu Co., Ltd., Annual General Meeting, May 26, 2023, at 14:00 China Standard Time. Agenda: To consider 2022 work report of the board of directors; to consider 2022 work report of the supervisory committee; to consider 2022 annual accounts; to consider 2022 annual report and its summary; to consider 2022 profit distribution plan; to consider Confirmation of 2022 remuneration for directors and supervisors; to consider Reappointment of 2023 audit firm; to consider Provision of guarantee quota for subsidiaries and controlled sub-subsidiaries; and to consider other business matters.
Reported Earnings • Apr 08Full year 2022 earnings released: EPS: CN¥0.57 (vs CN¥0.74 in FY 2021)Full year 2022 results: EPS: CN¥0.57 (down from CN¥0.74 in FY 2021). Revenue: CN¥6.30b (up 13% from FY 2021). Net income: CN¥645.2m (down 23% from FY 2021). Profit margin: 10% (down from 15% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Price Target Changed • Mar 09Price target decreased by 12% to CN¥10.02Down from CN¥11.43, the current price target is provided by 1 analyst. New target price is 28% above last closing price of CN¥7.85. Stock is down 3.9% over the past year. The company is forecast to post earnings per share of CN¥0.58 for next year compared to CN¥0.74 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Non-Independent Director Heng Ru was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Nov 06Consensus EPS estimates fall by 27%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥5.93b to CN¥5.57b. EPS estimate also fell from CN¥0.79 per share to CN¥0.58 per share. Net income forecast to grow 53% next year vs 44% growth forecast for Chemicals industry in China. Consensus price target down from CN¥11.43 to CN¥10.91. Share price fell 10% to CN¥7.30 over the past week.
Reported Earnings • Oct 31Third quarter 2022 earnings released: EPS: CN¥0.046 (vs CN¥0.24 in 3Q 2021)Third quarter 2022 results: EPS: CN¥0.046 (down from CN¥0.24 in 3Q 2021). Revenue: CN¥1.45b (down 3.3% from 3Q 2021). Net income: CN¥50.5m (down 81% from 3Q 2021). Profit margin: 3.5% (down from 18% in 3Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 14% per year.
Buying Opportunity • Oct 11Now 21% undervaluedOver the last 90 days, the stock is up 1.0%. The fair value is estimated to be CN¥10.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.8% over the last 3 years. Earnings per share has declined by 19%. Revenue is forecast to grow by 4.0% in a year. Earnings is forecast to grow by 22% in the next year.
Reported Earnings • Sep 02Second quarter 2022 earnings released: EPS: CN¥0.25 (vs CN¥0.21 in 2Q 2021)Second quarter 2022 results: EPS: CN¥0.25 (up from CN¥0.21 in 2Q 2021). Revenue: CN¥1.84b (up 37% from 2Q 2021). Net income: CN¥288.6m (up 29% from 2Q 2021). Profit margin: 16% (down from 17% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 4.0%, compared to a 33% growth forecast for the Chemicals industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 10Zhejiang Runtu Co., Ltd. Announces Cash Dividend of A Shares for the Year 2021, Payment Date Is 16 June 2022Zhejiang Runtu Co., Ltd. announced Cash dividend/10 shares (tax included) of CNY 3.50000000 of A shares for the year 2021. Record date is 15 June 2022. Ex-date is 16 June 2022. Payment date is 16 June 2022.
お知らせ • May 24Zhejiang Runtu Co., Ltd. Approves Final Cash Dividend for 2021Zhejiang Runtu Co., Ltd. at its AGM held on May 20, 2022, approved final cash dividend per 10 shares tax included of CNY 3.5000 for 2021.
お知らせ • May 08Zhejiang Runtu Co., Ltd. Proposes Final Cash Dividend for the Year 2021Zhejiang Runtu Co., Ltd. announced on May 5, 2022, the profit distribution proposal for 2021. Final cash dividend of CNY 3.50000000 per ten shares (tax included).
お知らせ • May 07Zhejiang Runtu Co., Ltd., Annual General Meeting, May 20, 2022Zhejiang Runtu Co., Ltd., Annual General Meeting, May 20, 2022, at 14:00 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 annual report and its summary; to consider 2021 profit distribution plan; to consider determination of 2021 remuneration for directors and supervisors; to consider reappointment of 2022 audit firm; and to consider provision of guarantee quota for subsidiaries and controlled sub-subsidiaries.
Reported Earnings • May 02First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: CN¥0.19 (up from CN¥0.15 in 1Q 2021). Revenue: CN¥1.58b (up 12% from 1Q 2021). Net income: CN¥211.1m (up 20% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates by 58%. Over the next year, revenue is forecast to grow 18%, compared to a 42% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 18% per year.
Price Target Changed • Apr 27Price target decreased to CN¥11.37Down from CN¥12.67, the current price target is an average from 3 analysts. New target price is 47% above last closing price of CN¥7.74. Stock is down 18% over the past year. The company is forecast to post earnings per share of CN¥1.06 for next year compared to CN¥0.76 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Non-Independent Director Heng Ru was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 31Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: CN¥0.76 (up from CN¥0.69 in FY 2020). Revenue: CN¥5.60b (up 7.0% from FY 2020). Net income: CN¥863.5m (up 9.6% from FY 2020). Profit margin: 15% (in line with FY 2020). Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 17%. Over the next year, revenue is forecast to grow 19%, compared to a 47% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year whereas the company’s share price has fallen by 20% per year.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to CN¥9.23, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 17x in the Chemicals industry in China. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥7.63 per share.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS CN¥0.24 (vs CN¥0.16 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.50b (up 7.7% from 3Q 2020). Net income: CN¥268.0m (up 48% from 3Q 2020). Profit margin: 18% (up from 13% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 30Second quarter 2021 earnings released: EPS CN¥0.20 (vs CN¥0.13 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.34b (up 19% from 2Q 2020). Net income: CN¥224.2m (up 55% from 2Q 2020). Profit margin: 17% (up from 13% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • May 25Zhejiang Runtu Co., Ltd. Approves Cash Dividend for 2020Zhejiang Runtu Co., Ltd. at its AGM held on May 21, 2021, approved cash dividend of CNY 3.50000000 per 10 shares (tax included) for 2020.
お知らせ • Apr 30Zhejiang Runtu Co., Ltd. Announces Final Dividend Profit Distribution Proposal for 2020Zhejiang Runtu Co., Ltd. announced final dividend profit distribution proposal for 2020 as follows: cash dividend/10 shares CNY 3.50000000 (tax included).
Reported Earnings • Apr 30Full year 2020 earnings released: EPS CN¥0.69 (vs CN¥1.19 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.23b (down 20% from FY 2019). Net income: CN¥788.2m (down 43% from FY 2019). Profit margin: 15% (down from 21% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Mar 12Full year 2020 earnings released: EPS CN¥0.68 (vs CN¥1.19 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥5.22b (down 20% from FY 2019). Net income: CN¥785.3m (down 43% from FY 2019). Profit margin: 15% (down from 21% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings.
Analyst Estimate Surprise Post Earnings • Mar 12Revenue and earnings miss expectationsRevenue missed analyst estimates by 9.6%. Earnings per share (EPS) also missed analyst estimates by 25%. Over the next year, revenue is forecast to grow 35%, compared to a 52% growth forecast for the Chemicals industry in China.
Price Target Changed • Mar 03Price target raised to CN¥12.67Up from CN¥11.13, the current price target is an average from 4 analysts. The new target price is 18% above the current share price of CN¥10.71. As of last close, the stock is down 9.4% over the past year.
Major Estimate Revision • Mar 03Analysts lower EPS estimates to CN¥0.90The 2020 consensus revenue estimate was lowered from CN¥6.14b to CN¥5.77b. Earning per share (EPS) estimate was also lowered from CN¥1.10 to CN¥0.90 for the same period. Net income is expected to grow by 43% next year compared to 48% growth forecast for the Chemicals industry in China. The consensus price target increased from CN¥11.13 to CN¥12.67. Share price is down by 4.4% to CN¥10.71 over the past week.
Is New 90 Day High Low • Feb 02New 90-day high: CN¥10.98The company is up 20% from its price of CN¥9.17 on 04 November 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥17.45 per share.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of CN¥849.2m, down 38% from the prior year. Total revenue was CN¥5.06b over the last 12 months, down 22% from the prior year.
Analyst Estimate Surprise Post Earnings • Nov 01Annual earnings released: Earnings miss expectationsEarnings per share (EPS) missed analyst estimates by 55% at CN¥0.15. Revenue is forecast to grow 30% over the next year, compared to a 33% growth forecast for the Chemicals industry in China.
Is New 90 Day High Low • Oct 30New 90-day low: CN¥8.95The company is down 6.0% from its price of CN¥9.56 on 31 July 2020. The Chinese market is down 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥15.01 per share.
お知らせ • Aug 12Zhejiang Runtu Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020Zhejiang Runtu Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020
