ASX:RTE

Stock Analysis Report

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Market Cap

AU$71.0m

Last Updated

2021/07/23 08:35 UTC

Data Sources

Company Financials

Executive Summary

Retech Technology Co., Limited, an investment holding company, provides technology solutions to corporate customers, vocational schools, ESG related companies, and students in the People’s Republic of China, Hong Kong, and Australia. More Details


Snowflake Analysis

Adequate balance sheet and fair value.

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.


Market Performance


7 Day Return

0%

RTE

-1.5%

AU Consumer Services

0.3%

AU Market


1 Year Return

-15.3%

RTE

70.5%

AU Consumer Services

25.8%

AU Market

Return vs Industry: RTE underperformed the Australian Consumer Services industry which returned 70.5% over the past year.

Return vs Market: RTE underperformed the Australian Market which returned 25.8% over the past year.


Shareholder returns

RTEIndustryMarket
7 Day0%-1.5%0.3%
30 Day10.9%10.6%1.3%
90 Day13.0%15.0%4.2%
1 Year-15.3%-15.3%71.8%70.5%30.4%25.8%
3 Year-28.2%-29.1%47.7%35.5%32.8%16.6%
5 Yearn/a86.1%53.5%64.3%32.3%

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

Valuation

Is Retech Technology undervalued compared to its fair value and its price relative to the market?

6.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RTE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RTE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RTE is good value based on its PE Ratio (6.2x) compared to the Australian Consumer Services industry average (25.3x).

PE vs Market: RTE is good value based on its PE Ratio (6.2x) compared to the Australian market (20.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate RTE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RTE is good value based on its PB Ratio (1x) compared to the AU Consumer Services industry average (2.9x).


Future Growth

How is Retech Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

44.1%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Retech Technology has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Retech Technology performed over the past 5 years?

21.7%

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 (27.8%) are lower than last year (32%).


Past Earnings Growth Analysis

Earnings Trend: RTE's earnings have grown significantly by 21.7% per year over the past 5 years.

Accelerating Growth: RTE's earnings growth over the past year (1.2%) is below its 5-year average (21.7% per year).

Earnings vs Industry: RTE earnings growth over the past year (1.2%) underperformed the Consumer Services industry 6%.


Return on Equity

High ROE: RTE's Return on Equity (12.4%) is considered low.


Financial Health

How is Retech Technology's financial position?


Financial Position Analysis

Short Term Liabilities: RTE's short term assets (CN¥405.7M) exceed its short term liabilities (CN¥179.9M).

Long Term Liabilities: RTE's short term assets (CN¥405.7M) exceed its long term liabilities (CN¥36.9M).


Debt to Equity History and Analysis

Debt Level: RTE's debt to equity ratio (28.6%) 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 not well covered by operating cash flow (4.2%).

Interest Coverage: RTE's interest payments on its debt are well covered by EBIT (23x coverage).


Balance Sheet


Dividend

What is Retech Technology current dividend yield, its reliability and sustainability?


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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average board tenure


CEO

Cheng Liu

no data

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, ...


Board Members

Experienced Board: RTE's board of directors are considered experienced (3.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Retech Technology Co., Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Retech Technology Co., Limited
  • Ticker: RTE
  • Exchange: ASX
  • Founded: 2016
  • Industry: Education Services
  • Sector: Consumer Services
  • Market Cap: AU$71.038m
  • Shares outstanding: 232.91m
  • Website: https://www.retech-rte.com

Number of Employees


Location

  • Retech Technology Co., Limited
  • Fudan Technology Park
  • Floor 18, Tower 2
  • Shanghai
  • China

Listings


Biography

Retech Technology Co., Limited, an investment holding company, provides technology solutions to corporate customers, vocational schools, ESG related companies, and students in the People’s Republic of Chin...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/23 08:35
End of Day Share Price2021/07/20 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.