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Ring Shine Textiles DSE:RINGSHINE Stock Report

Last Price

৳3.80

Market Cap

৳1.9b

7D

0%

1Y

-44.9%

Updated

02 Feb, 2025

Data

Company Financials

Ring Shine Textiles Limited

DSE:RINGSHINE Stock Report

Market Cap: ৳1.9b

RINGSHINE Stock Overview

Engages in the spinning, knitting, dyeing, manufacturing, and marketing of yarn and fabrics in Bangladesh and internationally. More details

RINGSHINE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends1/6

My Notes

Capture your thoughts, links and company narrative

Ring Shine Textiles Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ring Shine Textiles
Historical stock prices
Current Share Price৳3.80
52 Week High৳8.00
52 Week Low৳3.40
Beta0.47
1 Month Change-2.56%
3 Month Change2.70%
1 Year Change-44.93%
3 Year Change-63.46%
5 Year Change-53.66%
Change since IPO-74.67%

Recent News & Updates

Recent updates

Shareholder Returns

RINGSHINEBD LuxuryBD Market
7D0%-0.9%-0.8%
1Y-44.9%-21.3%-17.7%

Return vs Industry: RINGSHINE underperformed the BD Luxury industry which returned -21.3% over the past year.

Return vs Market: RINGSHINE underperformed the BD Market which returned -17.7% over the past year.

Price Volatility

Is RINGSHINE's price volatile compared to industry and market?
RINGSHINE volatility
RINGSHINE Average Weekly Movement5.9%
Luxury Industry Average Movement5.5%
Market Average Movement5.0%
10% most volatile stocks in BD Market7.0%
10% least volatile stocks in BD Market2.8%

Stable Share Price: RINGSHINE has not had significant price volatility in the past 3 months compared to the BD market.

Volatility Over Time: RINGSHINE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aAngela Sungwww.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. It also provides yarns, including acrylic, viscose, nylon, cotton, recycled, fancy, and spun polyester sewing yarns; cotton, wool, and polyester blends; organic cotton; and fabrics, such as single jersey, fleece, terry, interlock, pique, velour, mesh, rib, disperse and pigment printed, and activewear functional fabrics.

Ring Shine Textiles Limited Fundamentals Summary

How do Ring Shine Textiles's earnings and revenue compare to its market cap?
RINGSHINE fundamental statistics
Market cap৳1.90b
Earnings (TTM)-৳1.50b
Revenue (TTM)৳1.95b

1.0x

P/S Ratio

-1.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RINGSHINE income statement (TTM)
Revenue৳1.95b
Cost of Revenue৳2.35b
Gross Profit-৳404.89m
Other Expenses৳1.09b
Earnings-৳1.50b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-3.00
Gross Margin-20.81%
Net Profit Margin-77.03%
Debt/Equity Ratio-140.9%

How did RINGSHINE perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 17:42
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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 here.

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 .

Analyst Sources

Ring Shine Textiles Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution