Retech Technology Co., Limited

ASX:RTE Stock Report

Market Cap: AU$32.6m

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Retech Technology Past Earnings Performance

Past criteria checks 1/6

Key information

6.78%

Earnings growth rate

-3.38%

EPS growth rate

Consumer Services Industry Growth17.62%
Revenue growth rate19.50%
Return on equity-4.36%
Net Margin2.71%
Last Earnings Update31 Dec 2021

Recent past performance updates

Analysis Article Jan 05

Should You Use Retech Technology's (ASX:RTE) Statutory Earnings To Analyse It?

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...

Recent updates

Analysis Article Sep 02

Here's What's Concerning About Retech Technology's (ASX:RTE) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Feb 17

Would Shareholders Who Purchased Retech Technology's (ASX:RTE) Stock Three Years Be Happy With The Share price Today?

For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you...
Analysis Article Jan 26

Is Retech Technology (ASX:RTE) Likely To Turn Things Around?

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Analysis Article Jan 05

Should You Use Retech Technology's (ASX:RTE) Statutory Earnings To Analyse It?

Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Analysis Article Dec 14

Retech Technology (ASX:RTE) Seems To Use Debt Quite Sensibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 26

Declining Stock and Solid Fundamentals: Is The Market Wrong About Retech Technology Co., Limited (ASX:RTE)?

It is hard to get excited after looking at Retech Technology's (ASX:RTE) recent performance, when its stock has...
Analysis Article Jun 16

Declining Stock and Solid Fundamentals: Is The Market Wrong About Retech Technology Co., Limited (ASX:RTE)?

It is hard to get excited after looking at Retech Technology's (ASX:RTE) recent performance, when its stock has...

Revenue & Expenses Breakdown

How Retech Technology makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

ASX:RTE Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 211875980
30 Sep 2120428900
30 Jun 2122151780
31 Mar 2120953730
31 Dec 2019654720
30 Sep 2018153610
30 Jun 2016652500
31 Mar 2016753460
31 Dec 1916854410
30 Sep 1915851360
30 Jun 1914848320
31 Mar 1913949290
31 Dec 1813149270
30 Sep 1812247260
30 Jun 1811344250
31 Mar 1810842250
31 Dec 1710439240
30 Jun 179423290
31 Mar 177417240
31 Dec 166716210
31 Dec 153317110

Quality Earnings: RTE has a large one-off loss of CN¥9.8M impacting its December 31 2021 financial results.

Growing Profit Margin: RTE's current net profit margins (2.7%) are lower than last year (27.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: RTE's earnings have grown by 6.8% per year over the past 5 years.

Accelerating Growth: RTE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RTE had negative earnings growth (-90.7%) over the past year, making it difficult to compare to the Consumer Services industry average (-59%).


Return on Equity

High ROE: RTE's Return on Equity (-4.4%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/11/07 17:37
End of Day Share Price 2022/08/10 00:00
Earnings2021/12/31
Annual Earnings2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Retech Technology Co., Limited is covered by 1 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Marc KennisPitt Street Research Pty Ltd.