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Risuntek SZSE:002981 Stock Report

Last Price

CN¥28.84

Market Cap

CN¥2.8b

7D

0.9%

1Y

23.0%

Updated

02 May, 2024

Data

Company Financials

2981 Stock Overview

Risuntek Inc. researches, develops, manufactures, and sells electroacoustic products and components in China.

2981 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends2/6

Risuntek Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Risuntek
Historical stock prices
Current Share PriceCN¥28.84
52 Week HighCN¥46.53
52 Week LowCN¥21.02
Beta0.11
1 Month Change-10.10%
3 Month Change9.62%
1 Year Change22.99%
3 Year Change15.22%
5 Year Changen/a
Change since IPO15.64%

Recent News & Updates

Market Might Still Lack Some Conviction On Risuntek Inc. (SZSE:002981) Even After 29% Share Price Boost

Mar 06
Market Might Still Lack Some Conviction On Risuntek Inc. (SZSE:002981) Even After 29% Share Price Boost

Recent updates

Market Might Still Lack Some Conviction On Risuntek Inc. (SZSE:002981) Even After 29% Share Price Boost

Mar 06
Market Might Still Lack Some Conviction On Risuntek Inc. (SZSE:002981) Even After 29% Share Price Boost

Shareholder Returns

2981CN Consumer DurablesCN Market
7D0.9%4.7%3.1%
1Y23.0%9.6%-13.1%

Return vs Industry: 002981 exceeded the CN Consumer Durables industry which returned 9.6% over the past year.

Return vs Market: 002981 exceeded the CN Market which returned -13.1% over the past year.

Price Volatility

Is 2981's price volatile compared to industry and market?
2981 volatility
2981 Average Weekly Movement10.3%
Consumer Durables Industry Average Movement8.6%
Market Average Movement8.6%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.2%

Stable Share Price: 002981 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002981's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20052,327Qingkai Shenwww.risuntek.com

Risuntek Inc. researches, develops, manufactures, and sells electroacoustic products and components in China. It operates through Earphone and OEM, and Audio segments. The company offers head mounted bluetooth headset, neck worn and TWS true wireless flip top bluetooth earphones, bone conduction and smart translation headphones, neck band in ear noise cancelling bluetooth, metal slanted in-ear iron small earphones, and bluetooth spirts waterproof and sweatproof headphones.

Risuntek Inc. Fundamentals Summary

How do Risuntek's earnings and revenue compare to its market cap?
2981 fundamental statistics
Market capCN¥2.77b
Earnings (TTM)CN¥94.33m
Revenue (TTM)CN¥1.41b

29.4x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2981 income statement (TTM)
RevenueCN¥1.41b
Cost of RevenueCN¥1.09b
Gross ProfitCN¥312.78m
Other ExpensesCN¥218.46m
EarningsCN¥94.33m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.98
Gross Margin22.22%
Net Profit Margin6.70%
Debt/Equity Ratio16.5%

How did 2981 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

15%

Payout Ratio
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