company background image
603119 logo

Zhejiang Rongtai Electric MaterialLtd SHSE:603119 Stock Report

Last Price

CN¥14.21

Market Cap

CN¥5.2b

7D

-10.7%

1Y

n/a

Updated

26 Jul, 2024

Data

Company Financials

Zhejiang Rongtai Electric Material Co.,Ltd.

SHSE:603119 Stock Report

Market Cap: CN¥5.2b

603119 Stock Overview

Zhejiang Rongtai Electric Material Co.,Ltd.

603119 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends3/6

Zhejiang Rongtai Electric Material Co.,Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Zhejiang Rongtai Electric MaterialLtd
Historical stock prices
Current Share PriceCN¥14.21
52 Week HighCN¥28.88
52 Week LowCN¥13.84
Beta0
11 Month Change-20.35%
3 Month Change-28.15%
1 Year Changen/a
33 Year Changen/a
5 Year Changen/a
Change since IPO-47.77%

Recent News & Updates

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

Recent updates

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-10.7%-0.5%-3.4%
1Yn/a-21.2%-20.6%

Return vs Industry: Insufficient data to determine how 603119 performed against the CN Electrical industry.

Return vs Market: Insufficient data to determine how 603119 performed against the CN Market.

Price Volatility

Is 603119's price volatile compared to industry and market?
603119 volatility
603119 Average Weekly Movement3.8%
Electrical Industry Average Movement6.2%
Market Average Movement5.8%
10% most volatile stocks in CN Market9.0%
10% least volatile stocks in CN Market3.9%

Stable Share Price: 603119's share price has been volatile over the past 3 months.

Volatility Over Time: 603119's weekly volatility (4%) 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¥5.17b
Earnings (TTM)CN¥187.64m
Revenue (TTM)CN¥862.21m

27.5x

P/E Ratio

6.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
603119 income statement (TTM)
RevenueCN¥862.21m
Cost of RevenueCN¥552.36m
Gross ProfitCN¥309.85m
Other ExpensesCN¥122.21m
EarningsCN¥187.64m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 20, 2024

Earnings per share (EPS)0.52
Gross Margin35.94%
Net Profit Margin21.76%
Debt/Equity Ratio1.3%

How did 603119 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

26%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.