RINGSHINE Stock Overview
Ring Shine Textiles Limited engages in the spinning, knitting, dyeing, manufacturing, and marketing of yarn and fabrics in Bangladesh and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 0/6 |
| Dividends | 1/6 |
Ring Shine Textiles Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ৳4.40 |
| 52 Week High | ৳9.80 |
| 52 Week Low | ৳4.30 |
| Beta | 0.55 |
| 1 Month Change | -10.20% |
| 3 Month Change | -33.33% |
| 1 Year Change | -55.10% |
| 3 Year Change | -6.38% |
| 5 Year Change | n/a |
| Change since IPO | -70.67% |
Recent News & Updates
Recent updates
Shareholder Returns
| RINGSHINE | BD Luxury | BD Market | |
|---|---|---|---|
| 7D | -6.4% | -5.4% | -3.8% |
| 1Y | -55.1% | -16.9% | -17.0% |
Return vs Industry: RINGSHINE underperformed the BD Luxury industry which returned -16.9% over the past year.
Return vs Market: RINGSHINE underperformed the BD Market which returned -17% over the past year.
Price Volatility
| RINGSHINE volatility | |
|---|---|
| RINGSHINE Average Weekly Movement | 8.7% |
| Luxury Industry Average Movement | 7.2% |
| Market Average Movement | 5.5% |
| 10% most volatile stocks in BD Market | 9.0% |
| 10% least volatile stocks in BD Market | 3.4% |
Stable Share Price: RINGSHINE's share price has been volatile over the past 3 months.
Volatility Over Time: RINGSHINE's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of BD stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1997 | n/a | Angela Sung | www.ringshine.com |
Ring Shine Textiles Limited engages in the spinning, knitting, dyeing, manufacturing, and marketing of yarn and fabrics in Bangladesh and internationally. The company offers dyed yarns and knit fabrics for sweater and garment industries. Ring Shine Textiles Limited was incorporated in 1997 and is headquartered in Dhaka, Bangladesh.
Ring Shine Textiles Limited Fundamentals Summary
| RINGSHINE fundamental statistics | |
|---|---|
| Market cap | ৳2.23b |
| Earnings (TTM) | -৳1.26b |
| Revenue (TTM) | ৳2.78b |
0.8x
P/S Ratio-1.7x
P/E RatioIs RINGSHINE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RINGSHINE income statement (TTM) | |
|---|---|
| Revenue | ৳2.78b |
| Cost of Revenue | ৳3.11b |
| Gross Profit | -৳327.99m |
| Other Expenses | ৳936.89m |
| Earnings | -৳1.26b |
Last Reported Earnings
Jun 30, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.55 |
| Gross Margin | -11.80% |
| Net Profit Margin | -45.50% |
| Debt/Equity Ratio | -179.3% |
How did RINGSHINE perform over the long term?
See historical performance and comparison