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RTE

Retech TechnologyASX:RTE Stock Report

Market Cap

AU$62.9m

7D

0%

1Y

-18.2%

Updated

03 Dec, 2021

Data

Company Financials
RTE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

RTE Stock Overview

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.

Price History & Performance

Summary of all time highs, changes and price drops for Retech Technology
Historical stock prices
Current Share PriceAU$0.27
52 Week HighAU$0.33
52 Week LowAU$0.23
Beta0.072
1 Month Change-6.90%
3 Month Change8.00%
1 Year Change-18.18%
3 Year Change-26.03%
5 Year Changen/a
Change since IPO-49.06%

Recent News & Updates

Sep 02
Here's What's Concerning About Retech Technology's (ASX:RTE) Returns On Capital

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...

Feb 17
Would Shareholders Who Purchased Retech Technology's (ASX:RTE) Stock Three Years Be Happy With The Share price Today?

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...

Jan 26
Is Retech Technology (ASX:RTE) Likely To Turn Things Around?

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...

Shareholder Returns

RTEAU Consumer ServicesAU Market
7D0%-7.4%-0.7%
1Y-18.2%30.0%9.8%

Return vs Industry: RTE underperformed the Australian Consumer Services industry which returned 30% over the past year.

Return vs Market: RTE underperformed the Australian Market which returned 9.8% over the past year.

Price Volatility

Is RTE's price volatile compared to industry and market?
RTE volatility
RTE Average Weekly Movementn/a
Consumer Services Industry Average Movement5.1%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.7%
10% least volatile stocks in AU Market3.7%

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.

About the Company

FoundedEmployeesCEOWebsite
2016n/aCheng Liuhttps://www.retech-rte.com

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. The company also develops E-Learning platforms, E-Courses, and e-learning solutions, which enables its clients to deliver their offline training content online through various channels or devices, such as desktop, mobile, WeChat, face-to-face training solution, etc. It also provides referral and technical consultancy services; software licensing services; and property management services, as well as operates language coaching schools. The company was incorporated in 2016 and is based in Shanghai, the People’s Republic of China.

Retech Technology Fundamentals Summary


Earnings & Revenue

Key profitability statistics from the latest earnings report
RTE income statement (TTM)
RevenueCN¥221.38m
Cost of RevenueCN¥91.35m
Gross ProfitCN¥130.02m
ExpensesCN¥79.32m
EarningsCN¥50.70m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.22
Gross Margin58.73%
Net Profit Margin22.90%
Debt/Equity Ratio25.0%

How did RTE perform over the long term?

See historical performance and comparison

Valuation

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

5.62x

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 (5.6x) compared to the Australian Consumer Services industry average (28.6x).

PE vs Market: RTE is good value based on its PE Ratio (5.6x) compared to the Australian market (18.6x).


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 (0.8x) compared to the AU Consumer Services industry average (2.4x).


Future Growth

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

40.2%

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?

17.4%

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 (22.9%) are lower than last year (31.3%).


Past Earnings Growth Analysis

Earnings Trend: RTE's earnings have grown by 17.4% 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 (-2.4%) over the past year, making it difficult to compare to the Consumer Services industry average (35.9%).


Return on Equity

High ROE: RTE's Return on Equity (11.1%) is considered low.


Financial Health

How is Retech Technology's financial position?


Financial Position Analysis

Short Term Liabilities: RTE's short term assets (CN¥441.7M) exceed its short term liabilities (CN¥216.3M).

Long Term Liabilities: RTE's short term assets (CN¥441.7M) exceed its long term liabilities (CN¥32.1M).


Debt to Equity History and Analysis

Debt Level: RTE has more cash than its total debt.

Reducing Debt: Insufficient data to determine if RTE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: RTE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: RTE's interest payments on its debt are well covered by EBIT (13.9x 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?

3.5yrs

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 (3.5 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Retech Technology Co., Limited's 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$62.886m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/03 07:03
End of Day Share Price2021/11/25 00:00
Earnings2021/06/30
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.