688156 Stock Overview
Road Environment Technology.,Ltd provides solid wastewater treatment and disposal services in China.
Road Environment Technology.Ltd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥21.09|
|52 Week High||CN¥27.47|
|52 Week Low||CN¥14.20|
|1 Month Change||-1.91%|
|3 Month Change||38.30%|
|1 Year Change||5.45%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-28.02%|
Recent News & Updates
|688156||CN Commercial Services||CN Market|
Return vs Industry: 688156 exceeded the CN Commercial Services industry which returned -8.8% over the past year.
Return vs Market: 688156 exceeded the CN Market which returned -11.6% over the past year.
|688156 Average Weekly Movement||6.1%|
|Commercial Services Industry Average Movement||5.6%|
|Market Average Movement||6.1%|
|10% most volatile stocks in CN Market||9.2%|
|10% least volatile stocks in CN Market||3.9%|
Stable Share Price: 688156 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 688156's weekly volatility (6%) has been stable over the past year.
About the Company
Road Environment Technology.,Ltd provides solid wastewater treatment and disposal services in China. It offers river and lake slit, engineering mud, industrial slag and sludge, and municipal sludge treatment services. The company was founded in 2006 and is based in Wuhan, China.
Road Environment Technology.Ltd Fundamentals Summary
|688156 fundamental statistics|
Is 688156 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|688156 income statement (TTM)|
|Cost of Revenue||CN¥246.22m|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.77|
|Net Profit Margin||18.22%|
How did 688156 perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is 688156 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 688156?
Other financial metrics that can be useful for relative valuation.
|What is 688156's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 688156's PE Ratio compare to its peers?
|688156 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
603903 CSD Water Service
605303 Hangzhou Landscaping
605081 Shanghai Taihe Water Environmental Technology DevelopmentLtd
300929 Anhui Huaqi Environmental Protection Technology
688156 Road Environment Technology.Ltd
Price-To-Earnings vs Peers: 688156 is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the peer average (27x).
Price to Earnings Ratio vs Industry
How does 688156's PE Ratio compare vs other companies in the CN Commercial Services Industry?
Price-To-Earnings vs Industry: 688156 is good value based on its Price-To-Earnings Ratio (27.4x) compared to the CN Commercial Services industry average (30.1x)
Price to Earnings Ratio vs Fair Ratio
What is 688156's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||27.4x|
|Fair PE Ratio||27.2x|
Price-To-Earnings vs Fair Ratio: 688156 is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the estimated Fair Price-To-Earnings Ratio (27.2x).
Share Price vs Fair Value
What is the Fair Price of 688156 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 688156 (CN¥21.09) is trading above our estimate of fair value (CN¥6.14)
Significantly Below Fair Value: 688156 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
How is Road Environment Technology.Ltd forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score5/6
Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 688156's forecast earnings growth (39.8% per year) is above the savings rate (3.2%).
Earnings vs Market: 688156's earnings (39.8% per year) are forecast to grow faster than the CN market (24.5% per year).
High Growth Earnings: 688156's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 688156's revenue (32% per year) is forecast to grow faster than the CN market (17.8% per year).
High Growth Revenue: 688156's revenue (32% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 688156's Return on Equity is forecast to be low in 3 years time (16.3%).
Discover growth companies
How has Road Environment Technology.Ltd performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 688156 has high quality earnings.
Growing Profit Margin: 688156's current net profit margins (18.2%) are lower than last year (23%).
Past Earnings Growth Analysis
Earnings Trend: 688156's earnings have grown significantly by 28.5% per year over the past 5 years.
Accelerating Growth: 688156's earnings growth over the past year (8.9%) is below its 5-year average (28.5% per year).
Earnings vs Industry: 688156 earnings growth over the past year (8.9%) exceeded the Commercial Services industry -7.7%.
Return on Equity
High ROE: 688156's Return on Equity (9.2%) is considered low.
Discover strong past performing companies
How is Road Environment Technology.Ltd's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 688156's short term assets (CN¥715.6M) exceed its short term liabilities (CN¥154.5M).
Long Term Liabilities: 688156's short term assets (CN¥715.6M) exceed its long term liabilities (CN¥3.2M).
Debt to Equity History and Analysis
Debt Level: 688156 has more cash than its total debt.
Reducing Debt: 688156's debt to equity ratio has reduced from 22.9% to 4.1% over the past 5 years.
Debt Coverage: 688156's debt is well covered by operating cash flow (205.5%).
Interest Coverage: 688156 earns more interest than it pays, so coverage of interest payments is not a concern.
Discover healthy companies
What is Road Environment Technology.Ltd current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 688156's dividend (1.42%) is higher than the bottom 25% of dividend payers in the CN market (0.47%).
High Dividend: 688156's dividend (1.42%) is low compared to the top 25% of dividend payers in the CN market (1.94%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 688156's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 688156's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.2%), 688156's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (2971.9%), 688156's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Road Environment Technology.Ltd has no CEO, or we have no data on them.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Road Environment Technology.,Ltd's employee growth, exchange listings and data sources
- Name: Road Environment Technology.,Ltd
- Ticker: 688156
- Exchange: SHSE
- Founded: 2006
- Industry: Environmental and Facilities Services
- Sector: Commercial Services
- Implied Market Cap: CN¥1.948b
- Shares outstanding: 92.37m
- Website: https://www.road-group.com
Number of Employees
- Road Environment Technology.,Ltd
- Building 4, Block E, Optics Valley Software Park
- 3 Floor
- Hubei Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/05 00:00|
|End of Day Share Price||2022/08/05 00:00|
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.