View ValuationZhejiang Runtu 향후 성장Future 기준 점검 3/6Zhejiang Runtu은 연간 수입과 매출이 각각 20.6%와 16.4% 증가할 것으로 예상되고 EPS는 연간 18.6%만큼 증가할 것으로 예상됩니다.핵심 정보20.6%이익 성장률18.60%EPS 성장률Chemicals 이익 성장29.2%매출 성장률16.4%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트14 Jul 2026최근 향후 성장 업데이트Price 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.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.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.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.모든 업데이트 보기Recent 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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, 2025공고 • 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.공고 • 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.공고 • 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.공고 • 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, 2025분석 기사 • 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.분석 기사 • 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...공고 • 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, 2025분석 기사 • 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.공고 • 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, 2024분석 기사 • 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.분석 기사 • 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...공고 • 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, 2024분석 기사 • 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.공고 • 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.분석 기사 • 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...공고 • 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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.공고 • 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).공고 • 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.공고 • 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.공고 • 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.공고 • 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, 2020이익 및 매출 성장 예측SZSE:002440 - 애널리스트 향후 추정치 및 과거 재무 데이터 (CNY Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20278,2981,174N/A879112/31/20267,5961,035N/A20913/31/20266,134805655689N/A12/31/20255,730669600645N/A9/30/20255,7872881,0391,099N/A6/30/20255,713259817883N/A3/31/20255,723260374450N/A12/31/20245,695213460548N/A9/30/20245,44895127188N/A6/30/20245,3607-337-269N/A3/31/20245,49638-193-109N/A12/31/20235,58846-248-127N/A9/30/20235,614158-482-342N/A6/30/20235,765251-271-98N/A3/31/20236,031405130316N/A1/1/20236,268607687883N/A9/30/20226,187717650902N/A6/30/20226,2379359771,243N/A3/31/20225,7368708751,156N/A1/1/20225,572836342594N/A9/30/20215,825900695793N/A6/30/20215,718814761902N/A3/31/20215,5027349851,085N/A12/31/20205,2287881,4281,548N/A9/30/20205,0598491,6781,804N/A6/30/20205,5109181,7301,835N/A3/31/20205,8551,3401,7981,995N/A12/31/20196,5131,370N/A1,840N/A9/30/20196,5211,374N/A2,010N/A6/30/20196,3221,434N/A2,017N/A3/31/20196,6711,267N/A1,462N/A12/31/20186,4641,313N/A1,226N/A9/30/20186,6131,311N/A931N/A6/30/20186,5361,239N/A818N/A3/31/20186,1991,081N/A729N/A12/31/20176,057935N/A607N/A9/30/20175,795860N/A695N/A6/30/20175,189798N/A948N/A3/31/20174,896762N/A1,114N/A12/31/20164,353660N/A1,247N/A9/30/20164,172495N/A1,901N/A6/30/20164,181398N/A1,350N/A3/31/20164,104457N/A1,390N/A12/31/20154,522734N/A1,263N/A9/30/20154,8051,079N/A509N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 002440 의 연간 예상 수익 증가율(20.6%)이 saving rate(2.4%)보다 높습니다.수익 vs 시장: 002440 의 연간 수익(20.6%)이 CN 시장(26.4%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 002440 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: 002440 의 수익(연간 16.4%)이 CN 시장(연간 16.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: 002440 의 수익(연간 16.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 002440의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/19 06:04종가2026/07/17 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Zhejiang Runtu Co., Ltd.는 10명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Xiling LiChina International Capital Corporation LimitedTao WeiGoldman SachsCheng GongGuosen Securities Co., Ltd.7명의 분석가 더 보기
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.
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.
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.
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.
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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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
분석 기사 • 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.
분석 기사 • 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...
공고 • 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
분석 기사 • 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.
공고 • 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
분석 기사 • 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.
분석 기사 • 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...
공고 • 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
분석 기사 • 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.
공고 • 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.
분석 기사 • 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...
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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).
공고 • 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.
공고 • 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.
공고 • 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.
공고 • 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