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Zhejiang Rongtai Electric MaterialLtd SHSE:603119 Stock Report

Last Price

CN¥21.00

Market Cap

CN¥7.6b

7D

-4.2%

1Y

11.3%

Updated

21 Dec, 2024

Data

Company Financials +

Zhejiang Rongtai Electric Material Co.,Ltd.

SHSE:603119 Stock Report

Market Cap: CN¥7.6b

603119 Stock Overview

Zhejiang Rongtai Electric Material Co.,Ltd. More details

603119 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth5/6
Past Performance5/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Zhejiang Rongtai Electric Material Co.,Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Zhejiang Rongtai Electric MaterialLtd
Historical stock prices
Current Share PriceCN¥21.00
52 Week HighCN¥24.20
52 Week LowCN¥12.77
Beta0
1 Month Change-3.31%
3 Month Change58.25%
1 Year Change11.34%
3 Year Changen/a
5 Year Changen/a
Change since IPO-22.82%

Recent News & Updates

Is There An Opportunity With Zhejiang Rongtai Electric Material Co.,Ltd.'s (SHSE:603119) 27% Undervaluation?

Nov 28
Is There An Opportunity With Zhejiang Rongtai Electric Material Co.,Ltd.'s (SHSE:603119) 27% Undervaluation?

Zhejiang Rongtai Electric Material Co.,Ltd. (SHSE:603119) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Nov 07
Zhejiang Rongtai Electric Material Co.,Ltd. (SHSE:603119) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Recent updates

Is There An Opportunity With Zhejiang Rongtai Electric Material Co.,Ltd.'s (SHSE:603119) 27% Undervaluation?

Nov 28
Is There An Opportunity With Zhejiang Rongtai Electric Material Co.,Ltd.'s (SHSE:603119) 27% Undervaluation?

Zhejiang Rongtai Electric Material Co.,Ltd. (SHSE:603119) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Nov 07
Zhejiang Rongtai Electric Material Co.,Ltd. (SHSE:603119) Stock Rockets 32% As Investors Are Less Pessimistic Than Expected

Zhejiang Rongtai Electric MaterialLtd (SHSE:603119) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Aug 26
Zhejiang Rongtai Electric MaterialLtd (SHSE:603119) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

These 4 Measures Indicate That Zhejiang Rongtai Electric MaterialLtd (SHSE:603119) Is Using Debt Safely

Jul 21
These 4 Measures Indicate That Zhejiang Rongtai Electric MaterialLtd (SHSE:603119) Is Using Debt Safely

Shareholder Returns

603119CN ElectricalCN Market
7D-4.2%-0.8%-1.2%
1Y11.3%22.3%11.8%

Return vs Industry: 603119 underperformed the CN Electrical industry which returned 22.3% over the past year.

Return vs Market: 603119 matched the CN Market which returned 11.8% over the past year.

Price Volatility

Is 603119's price volatile compared to industry and market?
603119 volatility
603119 Average Weekly Movement8.7%
Electrical Industry Average Movement9.0%
Market Average Movement8.7%
10% most volatile stocks in CN Market12.8%
10% least volatile stocks in CN Market5.7%

Stable Share Price: 603119 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 603119's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19981,180n/awww.glorymica.com

Zhejiang Rongtai Electric Material Co.,Ltd. engages in the research, development, production, and sale of various high temperature resistant insulating mica products in China and internationally. Its product portfolio includes mica rigid materials, flexible materials, heat-generating components, thermal management mica safety components, and various mica derivative products; and mica tapes, plates, tubes, heating elements, laminates and washers, insulators, and rolls and mica papers, as well as epoxy glass laminates and mica for thermal-protection.

Zhejiang Rongtai Electric Material Co.,Ltd. Fundamentals Summary

How do Zhejiang Rongtai Electric MaterialLtd's earnings and revenue compare to its market cap?
603119 fundamental statistics
Market capCN¥7.62b
Earnings (TTM)CN¥220.67m
Revenue (TTM)CN¥1.03b

34.5x

P/E Ratio

7.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603119 income statement (TTM)
RevenueCN¥1.03b
Cost of RevenueCN¥671.29m
Gross ProfitCN¥355.30m
Other ExpensesCN¥134.62m
EarningsCN¥220.67m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.61
Gross Margin34.61%
Net Profit Margin21.50%
Debt/Equity Ratio0.1%

How did 603119 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 01:24
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

Zhejiang Rongtai Electric Material Co.,Ltd. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Weichen WuCitic Securities Co., Ltd.
Xiaoya SunTianfeng Securities Brokerage Co., Ltd