Board Change • Jul 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Non-Independent Director Canxi Chen was the last director to join the board, commencing their role in 2026. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Jul 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 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 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥5.17, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 25x in the Leisure industry in China. Total returns to shareholders of 51% over the past three years. Aankondiging • Jun 30
Rastar Group to Report First Half, 2026 Results on Aug 29, 2026 Rastar Group announced that they will report first half, 2026 results on Aug 29, 2026 Aankondiging • Jun 27
Rastar Group (SZSE:300043) announces an Equity Buyback for CNY 100 million worth of its shares. Rastar Group (SZSE:300043) announces a share repurchase program. Under the program, the company will repurchase up to CNY 100 million worth of its A shares. The shares will be repurchased at a price not exceeding CNY 7.10 per share. The shares repurchased will be used to maintain the Company’s value and shareholder rights. The shares will be sold 12 months after the completion of the repurchase and within 3 years after the completion of the repurchase. Shares not sold will be cancelled. The program will be funded via Own Funds. The repurchase program will be valid for 3 months. New Risk • Apr 12
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 0.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Aankondiging • Apr 01
Rastar Group announced that it expects to receive CNY 300 million in funding Rastar Group announced a private placement to issue A Shares for the proceeds of CNY 300,000,000 on March 30, 2026. Issue price shall not be less than 80% of the average price in the 20 trading days before the pricing reference date. Share issuance will not be more than 30% of total share capital. Transaction will involve participation of not more than 35 investors. Transaction is approved by board of directors at 15th Meeting of the 6th Directorate and is subject to shareholders approval. The shares cannot be transferred within 6 months from the issuance closing date. Aankondiging • Mar 31
Rastar Group to Report Q1, 2026 Results on Apr 24, 2026 Rastar Group announced that they will report Q1, 2026 results on Apr 24, 2026 Reported Earnings • Mar 31
Full year 2025 earnings released: EPS: CN¥0.24 (vs CN¥0.37 loss in FY 2024) Full year 2025 results: EPS: CN¥0.24 (up from CN¥0.37 loss in FY 2024). Revenue: CN¥2.09b (up 54% from FY 2024). Net income: CN¥301.6m (up CN¥759.3m from FY 2024). Profit margin: 14% (up from net loss in FY 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 31
Rastar Group, Annual General Meeting, Apr 29, 2026 Rastar Group, Annual General Meeting, Apr 29, 2026, at 14:30 China Standard Time. Location: 26F, Xinghui Center, Huangpu Avenue West, Tianhe District, Guangzhou, Guangdong China Aankondiging • Dec 31
Rastar Group to Report Fiscal Year 2025 Results on Apr 28, 2026 Rastar Group announced that they will report fiscal year 2025 results on Apr 28, 2026 Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.089 (vs CN¥0.048 loss in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.089 (up from CN¥0.048 loss in 3Q 2024). Revenue: CN¥591.8m (up 41% from 3Q 2024). Net income: CN¥113.1m (up CN¥165.2m from 3Q 2024). Profit margin: 19% (up from net loss in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 27% per year. Aankondiging • Sep 30
Rastar Group to Report Q3, 2025 Results on Oct 30, 2025 Rastar Group announced that they will report Q3, 2025 results on Oct 30, 2025 Aankondiging • Jul 16
Velocity Sports Limited reached an agreement to acquire an unknown majority stake in RCD Espanyol de Barcelona S.A.D. from Rastar Group (SZSE:300043) for €130 million. Velocity Sports Limited reached an agreement to acquire an unknown majority stake in RCD Espanyol de Barcelona S.A.D. from Rastar Group (SZSE:300043) for €130 million on July 14, 2025. The consideration consists of €65 million to be paid in cash and €65 million paid in the form of shares. Upon completion, RCD Espanyol will remain independent. The transaction is still pending officialization and completion until all administrative procedures are formalized. Aankondiging • Jul 02
Rastar Group to Report First Half, 2025 Results on Aug 29, 2025 Rastar Group announced that they will report first half, 2025 results on Aug 29, 2025 Aankondiging • Jun 05
Rastar Group Approves Cash Dividend for the Year 2024 Rastar Group held its Annual General Meeting of 2024 on 30 May 2025, during which the following proposal(s) was/were approved: Cash dividend/10 shares (tax included): CNY0.10000000 for 2024. Buy Or Sell Opportunity • Jun 05
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 7.6% to CN¥4.37. The fair value is estimated to be CN¥3.40, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Earnings per share has grown by 28%. Reported Earnings • May 03
Third quarter 2024 earnings released: CN¥0.048 loss per share (vs CN¥0.15 profit in 3Q 2023) Third quarter 2024 results: CN¥0.048 loss per share (down from CN¥0.15 profit in 3Q 2023). Revenue: CN¥418.9m (down 44% from 3Q 2023). Net loss: CN¥52.0m (down 139% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Aankondiging • Apr 28
Rastar Group, Annual General Meeting, May 30, 2025 Rastar Group, Annual General Meeting, May 30, 2025, at 15:00 China Standard Time. Location: 20F, No. 1, Shangang Road, Longhu District, Shantou, Guangdong China Aankondiging • Mar 31
Rastar Group to Report Q1, 2025 Results on Apr 28, 2025 Rastar Group announced that they will report Q1, 2025 results on Apr 28, 2025 Aankondiging • Dec 31
Rastar Group to Report Fiscal Year 2024 Results on Apr 28, 2025 Rastar Group announced that they will report fiscal year 2024 results on Apr 28, 2025 New Risk • Nov 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 13% 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 Risks Debt is not well covered by operating cash flow (7.6% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 34% per year over the past 5 years. Reported Earnings • Oct 30
Third quarter 2024 earnings released: CN¥0.048 loss per share (vs CN¥0.15 profit in 3Q 2023) Third quarter 2024 results: CN¥0.048 loss per share (down from CN¥0.15 profit in 3Q 2023). Revenue: CN¥418.9m (down 44% from 3Q 2023). Net loss: CN¥52.0m (down 139% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Aankondiging • Sep 30
Rastar Group to Report Q3, 2024 Results on Oct 30, 2024 Rastar Group announced that they will report Q3, 2024 results on Oct 30, 2024 Reported Earnings • Aug 30
Second quarter 2024 earnings released: CN¥0.061 loss per share (vs CN¥0.03 loss in 2Q 2023) Second quarter 2024 results: CN¥0.061 loss per share (further deteriorated from CN¥0.03 loss in 2Q 2023). Revenue: CN¥312.7m (down 21% from 2Q 2023). Net loss: CN¥81.9m (loss widened 130% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Jul 26
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Director Sun Qi was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Jun 29
Rastar Group to Report First Half, 2024 Results on Aug 30, 2024 Rastar Group announced that they will report first half, 2024 results on Aug 30, 2024 Aankondiging • Apr 30
Rastar Group, Annual General Meeting, May 24, 2024 Rastar Group, Annual General Meeting, May 24, 2024, at 15:00 China Standard Time. Location: 24F, No. 30, Huangshan Road, Longhu District, Shantou, Guangdong China Reported Earnings • Apr 29
First quarter 2024 earnings released: CN¥0.08 loss per share (vs CN¥0.03 loss in 1Q 2023) First quarter 2024 results: CN¥0.08 loss per share (further deteriorated from CN¥0.03 loss in 1Q 2023). Revenue: CN¥302.2m (down 6.0% from 1Q 2023). Net loss: CN¥96.7m (loss widened 134% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Aankondiging • Mar 30
Rastar Group to Report Q1, 2024 Results on Apr 29, 2024 Rastar Group announced that they will report Q1, 2024 results on Apr 29, 2024 New Risk • Jan 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings have declined by 62% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Aankondiging • Dec 30
Rastar Group to Report Fiscal Year 2023 Results on Apr 29, 2024 Rastar Group announced that they will report fiscal year 2023 results on Apr 29, 2024 Aankondiging • Dec 27
Rastar Group (SZSE:300043) announces an Equity Buyback for CNY 20 million worth of its shares. Rastar Group (SZSE:300043) announces a share repurchase program. Under the program, the company will repurchase up to CNY 20 million worth of its shares. The shares will be repurchased at a price not exceeding CNY 5.89 per share. The shares repurchased will be used for ESOP or equity incentives. The repurchase program will be valid for 12 months. New Risk • Dec 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.4x net interest cover). Earnings have declined by 62% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change). Reported Earnings • Oct 23
Third quarter 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.037 loss in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.15 (up from CN¥0.037 loss in 3Q 2022). Revenue: CN¥750.8m (up 44% from 3Q 2022). Net income: CN¥134.3m (up CN¥170.0m from 3Q 2022). Profit margin: 18% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 35% 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. Reported Earnings • Aug 30
Second quarter 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.002 loss in 2Q 2022) Second quarter 2023 results: CN¥0.03 loss per share (further deteriorated from CN¥0.002 loss in 2Q 2022). Revenue: CN¥393.6m (down 3.5% from 2Q 2022). Net loss: CN¥35.6m (loss widened CN¥31.5m from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 58% 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. Aankondiging • Jun 03
Rastar Group Elects Chen Zifeng as Non-Independent Directors Rastar Group at the EGM held on 01 June 2023, elected Chen Zifeng as non-independent directors. Reported Earnings • Apr 23
First quarter 2023 earnings released: CN¥0.03 loss per share (vs CN¥0.01 loss in 1Q 2022) First quarter 2023 results: CN¥0.03 loss per share (further deteriorated from CN¥0.01 loss in 1Q 2022). Revenue: CN¥321.5m (down 13% from 1Q 2022). Net loss: CN¥41.4m (loss widened 335% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. 1 highly experienced director. Chairman of the Board Yan Sheng Chen is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 08
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 3 experienced directors. 1 highly experienced director. Chairman of the Board Yan Sheng Chen is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Oct 28
Third quarter 2022 earnings released: CN¥0.037 loss per share (vs CN¥0.041 loss in 3Q 2021) Third quarter 2022 results: CN¥0.037 loss per share (improved from CN¥0.041 loss in 3Q 2021). Revenue: CN¥522.6m (up 24% from 3Q 2021). Net loss: CN¥35.6m (loss narrowed 32% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 98 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2022 earnings released: CN¥0.002 loss per share (vs CN¥0.10 loss in 2Q 2021) Second quarter 2022 results: CN¥0.002 loss per share (up from CN¥0.10 loss in 2Q 2021). Revenue: CN¥408.0m (up 63% from 2Q 2021). Net loss: CN¥4.10m (loss narrowed 97% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 28
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: CN¥0.01 loss per share (up from CN¥0.06 loss in 1Q 2021). Revenue: CN¥369.3m (up 32% from 1Q 2021). Net loss: CN¥9.53m (loss narrowed 88% from 1Q 2021). Revenue exceeded analyst estimates by 56%. Earnings per share (EPS) also surpassed analyst estimates by 985%. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
High number of new directors There are 5 new directors who have joined the board in the last 3 years. CFO & Non-Independent Director Sheng Hua Liu was the last director to join the board, commencing their role in 2020. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2021 earnings released: CN¥0.041 loss per share (vs CN¥0.06 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: CN¥422.3m (down 15% from 3Q 2020). Net loss: CN¥52.1m (down 173% from profit in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 30
Second quarter 2021 earnings released: CN¥0.10 loss per share (vs CN¥0.065 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CN¥250.0m (down 45% from 2Q 2020). Net loss: CN¥118.7m (loss widened 107% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance. Aankondiging • May 21
Rastar Group Approves Cash Dividend for the Year 2020 Rastar Group announced that at its AGM held on 18 May 2021, the shareholders approved the cash dividend/10 shares (tax included) for the year 2020: CNY 0.10000000. Aankondiging • Apr 29
Rastar Group Announces Final Profit Distribution Proposal for 2020 Rastar Group announced final profit distribution proposal of CNY 0.10000000 per 10 shares (tax included) for 2020. Reported Earnings • Apr 28
First quarter 2021 earnings released: CN¥0.06 loss per share (vs CN¥0.01 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: CN¥279.8m (down 30% from 1Q 2020). Net loss: CN¥78.7m (down CN¥91.9m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 04
New 90-day low: CN¥3.01 The company is down 25% from its price of CN¥3.99 on 06 November 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is down 5.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day low: CN¥3.11 The company is down 25% from its price of CN¥4.15 on 09 October 2020. The Chinese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 1.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day low: CN¥3.66 The company is down 12% from its price of CN¥4.15 on 10 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is down 4.0% over the same period. Is New 90 Day High Low • Nov 17
New 90-day low: CN¥3.88 The company is down 1.0% from its price of CN¥3.92 on 19 August 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is down 2.0% over the same period. Reported Earnings • Oct 29
Third quarter earnings released Over the last 12 months the company has reported total losses of CN¥53.6m, with earnings decreasing by CN¥417.5m from the prior year. Total revenue was CN¥1.88b over the last 12 months, down 29% from the prior year. Aankondiging • Aug 12
Rastar Group announced that it expects to receive CNY 299.999999 million in funding from a group of investors Rastar Group (SZSE:300043) announced that it would issue 89,820,359 shares at a price of CNY 3.34 per share for proceeds not more than CNY 300,000,000 in an equity round of funding on December 6 2019. The transaction will include participation from not more than 35 investors including Guolian Securities Co., Ltd. (SEHK:1456) for CNY 79,999,997, China Read Capital Management Co., Ltd. for CNY 59,999,997, Cathay Pacific Fund Management Co., Ltd. for CNY 51,700,020. The proceeds will not exceed 20% of net assets at the end of the most recent year. The shares subscribed by the issuer for this issue shall not be transferred within 6 months from the date of the end of the issue. The transaction has been approved in the third meeting of the fifth directorate and is subject to approval of Shenzhen Stock Exchange and obtain the approval registration documents of the China Securities Regulatory Commission. Aankondiging • Aug 11
Rastar Group to Report First Half, 2020 Results on Aug 27, 2020 Rastar Group announced that they will report first half, 2020 results on Aug 27, 2020