Retech Technology Co., Limited, an investment holding company, provides technology solutions to corporate customers, vocational schools, and training providers in the People’s Republic of China, Hong Kong, and Australia. More Details
Exceptional growth potential with excellent balance sheet.
Share Price & News
How has Retech Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine RTE's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine RTE's volatility change over the past year.
7 Day Return
AU Consumer Services
1 Year Return
AU Consumer Services
Return vs Industry: RTE underperformed the Australian Consumer Services industry which returned 10.2% over the past year.
Return vs Market: RTE underperformed the Australian Market which returned 1.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Retech Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StDeclining Stock and Solid Fundamentals: Is The Market Wrong About Retech Technology Co., Limited (ASX:RTE)?
3 weeks ago | Simply Wall StReflecting on Retech Technology's (ASX:RTE) Share Price Returns Over The Last Three Years
1 month ago | Simply Wall StThe Returns At Retech Technology (ASX:RTE) Provide Us With Signs Of What's To Come
Is Retech Technology undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: RTE (A$0.32) is trading above our estimate of fair value (A$0.11)
Significantly Below Fair Value: RTE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: RTE is good value based on its PE Ratio (7x) compared to the AU Consumer Services industry average (28.1x).
PE vs Market: RTE is good value based on its PE Ratio (7x) compared to the Australian market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: RTE is good value based on its PEG Ratio (0.2x)
Price to Book Ratio
PB vs Industry: RTE is good value based on its PB Ratio (1.2x) compared to the AU Consumer Services industry average (1.8x).
How is Retech Technology forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RTE's forecast earnings growth (29% per year) is above the savings rate (2.3%).
Earnings vs Market: RTE's earnings (29% per year) are forecast to grow faster than the Australian market (17.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: RTE's revenue (27.8% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: RTE's revenue (27.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RTE's Return on Equity is forecast to be high in 3 years time (22.7%)
How has Retech Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RTE has a high level of non-cash earnings.
Growing Profit Margin: RTE's current net profit margins (31.3%) are lower than last year (32.6%).
Past Earnings Growth Analysis
Earnings Trend: RTE's earnings have grown significantly by 25.3% per year over the past 5 years.
Accelerating Growth: RTE's earnings growth over the past year (7.7%) is below its 5-year average (25.3% per year).
Earnings vs Industry: RTE earnings growth over the past year (7.7%) exceeded the Consumer Services industry -18.5%.
Return on Equity
High ROE: RTE's Return on Equity (14.5%) is considered low.
How is Retech Technology's financial position?
Financial Position Analysis
Short Term Liabilities: RTE's short term assets (CN¥318.2M) exceed its short term liabilities (CN¥90.3M).
Long Term Liabilities: RTE's short term assets (CN¥318.2M) exceed its long term liabilities (CN¥67.1M).
Debt to Equity History and Analysis
Debt Level: RTE's debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if RTE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RTE's debt is well covered by operating cash flow (53.3%).
Interest Coverage: RTE earns more interest than it pays, so coverage of interest payments is not a concern.
What is Retech Technology current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RTE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RTE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RTE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RTE's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RTE's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Cheng Liu serves as the Chief Executive Officer of ReTech Technology Co., Limited. Mr. Liu is responsible for company operations and management and the execution of resolutions of the Board at Retech, ...
|Co-Chairman & President||no data||CN¥80.00k||no data|
|Independent Non-Executive Director||4yrs||CN¥80.00k||no data|
|Independent Non-Executive Director||2.75yrs||CN¥288.26k||no data|
|Co-Chairman||no data||CN¥480.43k||3.9% |
|Independent Non-Executive Director||3.58yrs||CN¥70.00k||no data|
|Non-Executive & Non-Independent Director||2.33yrs||CN¥70.00k||no data|
|Non-Executive Independent Director||1.25yrs||CN¥70.00k||no data|
Experienced Board: RTE's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: RTE insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Retech Technology Co., Limited's company bio, employee growth, exchange listings and data sources
- Name: Retech Technology Co., Limited
- Ticker: RTE
- Exchange: ASX
- Founded: 2016
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: AU$74.532m
- Shares outstanding: 232.91m
- Website: https://www.retech-rte.com
Number of Employees
- Retech Technology Co., Limited
- O.T.B. Building
- 6th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RTE||ASX (Australian Securities Exchange)||Yes||Chess Depositary Interests 1:1||AU||AUD||Jun 2017|
|RTE||CHIA (Chi-X Australia)||Yes||Chess Depositary Interests 1:1||AU||AUD||Jun 2017|
Retech Technology Co., Limited, an investment holding company, provides technology solutions to corporate customers, vocational schools, and training providers in the People’s Republic of China, Hong Kong,...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 07:07|
|End of Day Share Price||2020/11/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.