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Jiangsu Ruitai New Energy Materials SZSE:301238 Stock Report

Last Price

CN¥16.69

Market Cap

CN¥12.2b

7D

5.2%

1Y

-6.9%

Updated

20 Oct, 2024

Data

Company Financials

Jiangsu Ruitai New Energy Materials Co., Ltd.

SZSE:301238 Stock Report

Market Cap: CN¥12.2b

301238 Stock Overview

Jiangsu Ruitai New Energy Materials Co., Ltd.

301238 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends2/6

Jiangsu Ruitai New Energy Materials Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jiangsu Ruitai New Energy Materials
Historical stock prices
Current Share PriceCN¥16.69
52 Week HighCN¥26.28
52 Week LowCN¥11.43
Beta1.21
11 Month Change29.48%
3 Month Change21.21%
1 Year Change-6.86%
33 Year Changen/a
5 Year Changen/a
Change since IPO-52.92%

Recent News & Updates

Earnings Not Telling The Story For Jiangsu Ruitai New Energy Materials Co., Ltd. (SZSE:301238) After Shares Rise 48%

Oct 09
Earnings Not Telling The Story For Jiangsu Ruitai New Energy Materials Co., Ltd. (SZSE:301238) After Shares Rise 48%

Capital Allocation Trends At Jiangsu Ruitai New Energy Materials (SZSE:301238) Aren't Ideal

Sep 27
Capital Allocation Trends At Jiangsu Ruitai New Energy Materials (SZSE:301238) Aren't Ideal

Recent updates

Earnings Not Telling The Story For Jiangsu Ruitai New Energy Materials Co., Ltd. (SZSE:301238) After Shares Rise 48%

Oct 09
Earnings Not Telling The Story For Jiangsu Ruitai New Energy Materials Co., Ltd. (SZSE:301238) After Shares Rise 48%

Capital Allocation Trends At Jiangsu Ruitai New Energy Materials (SZSE:301238) Aren't Ideal

Sep 27
Capital Allocation Trends At Jiangsu Ruitai New Energy Materials (SZSE:301238) Aren't Ideal

Pinning Down Jiangsu Ruitai New Energy Materials Co., Ltd.'s (SZSE:301238) P/E Is Difficult Right Now

Aug 20
Pinning Down Jiangsu Ruitai New Energy Materials Co., Ltd.'s (SZSE:301238) P/E Is Difficult Right Now

Jiangsu Ruitai New Energy Materials (SZSE:301238) Has A Pretty Healthy Balance Sheet

Jun 26
Jiangsu Ruitai New Energy Materials (SZSE:301238) Has A Pretty Healthy Balance Sheet

Jiangsu Ruitai New Energy Materials' (SZSE:301238) Dividend Will Be Increased To CN¥0.20

May 30
Jiangsu Ruitai New Energy Materials' (SZSE:301238) Dividend Will Be Increased To CN¥0.20

Be Wary Of Jiangsu Ruitai New Energy Materials (SZSE:301238) And Its Returns On Capital

May 29
Be Wary Of Jiangsu Ruitai New Energy Materials (SZSE:301238) And Its Returns On Capital

Beyond Lackluster Earnings: Potential Concerns For Jiangsu Ruitai New Energy Materials' (SZSE:301238) Shareholders

May 02
Beyond Lackluster Earnings: Potential Concerns For Jiangsu Ruitai New Energy Materials' (SZSE:301238) Shareholders

Jiangsu Ruitai New Energy Materials (SZSE:301238) Will Want To Turn Around Its Return Trends

Feb 26
Jiangsu Ruitai New Energy Materials (SZSE:301238) Will Want To Turn Around Its Return Trends

Shareholder Returns

301238CN ElectricalCN Market
7D5.2%2.7%2.7%
1Y-6.9%9.6%4.6%

Return vs Industry: 301238 underperformed the CN Electrical industry which returned 9.6% over the past year.

Return vs Market: 301238 underperformed the CN Market which returned 4.6% over the past year.

Price Volatility

Is 301238's price volatile compared to industry and market?
301238 volatility
301238 Average Weekly Movement10.6%
Electrical Industry Average Movement8.0%
Market Average Movement7.6%
10% most volatile stocks in CN Market11.5%
10% least volatile stocks in CN Market5.3%

Stable Share Price: 301238's share price has been volatile over the past 3 months compared to the CN market.

Volatility Over Time: 301238's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
2017993Xiaotian Mawww.rtxc.com

Jiangsu Ruitai New Energy Materials Co., Ltd. researches and develops, produces, and sells lithium-ion battery materials and silane coupling agents. It offers power and consumer battery electrolytes, energy storage battery electrolytes, lithium-ion battery electrolyte additives, and supercapacitor products.

Jiangsu Ruitai New Energy Materials Co., Ltd. Fundamentals Summary

How do Jiangsu Ruitai New Energy Materials's earnings and revenue compare to its market cap?
301238 fundamental statistics
Market capCN¥12.24b
Earnings (TTM)CN¥294.03m
Revenue (TTM)CN¥2.70b

41.6x

P/E Ratio

4.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
301238 income statement (TTM)
RevenueCN¥2.70b
Cost of RevenueCN¥2.19b
Gross ProfitCN¥516.03m
Other ExpensesCN¥222.00m
EarningsCN¥294.03m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 30, 2024

Earnings per share (EPS)0.40
Gross Margin19.10%
Net Profit Margin10.88%
Debt/Equity Ratio19.4%

How did 301238 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

49%

Payout Ratio