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Risuntek SZSE:002981 Stock Report

Last Price

CN¥17.65

Market Cap

CN¥2.4b

7D

-4.4%

1Y

6.1%

Updated

21 Jun, 2024

Data

Company Financials

2981 Stock Overview

Researches, develops, manufactures, and sells electroacoustic products and components in China.

2981 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
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¥17.65
52 Week HighCN¥33.24
52 Week LowCN¥15.01
Beta0.11
11 Month Change-10.15%
3 Month Change-25.44%
1 Year Change6.05%
33 Year Change-3.10%
5 Year Changen/a
Change since IPO-0.92%

Recent News & Updates

Risuntek (SZSE:002981) Is Paying Out A Larger Dividend Than Last Year

Jun 03
Risuntek (SZSE:002981) Is Paying Out A Larger Dividend Than Last Year

Recent updates

Risuntek (SZSE:002981) Is Paying Out A Larger Dividend Than Last Year

Jun 03
Risuntek (SZSE:002981) Is Paying Out A Larger Dividend Than Last Year

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
7D-4.4%-1.4%-1.6%
1Y6.1%2.9%-15.7%

Return vs Industry: 002981 exceeded the CN Consumer Durables industry which returned 2.9% over the past year.

Return vs Market: 002981 exceeded the CN Market which returned -15.7% over the past year.

Price Volatility

Is 2981's price volatile compared to industry and market?
2981 volatility
2981 Average Weekly Movement7.5%
Consumer Durables Industry Average Movement7.1%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market4.2%

Stable Share Price: 002981's share price has been volatile over the past 3 months.

Volatility Over Time: 002981's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20053,412Qingkai 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¥2.37b
Earnings (TTM)CN¥122.99m
Revenue (TTM)CN¥1.49b

19.3x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2981 income statement (TTM)
RevenueCN¥1.49b
Cost of RevenueCN¥1.15b
Gross ProfitCN¥345.37m
Other ExpensesCN¥222.38m
EarningsCN¥122.99m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.92
Gross Margin23.10%
Net Profit Margin8.23%
Debt/Equity Ratio14.1%

How did 2981 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

29%

Payout Ratio
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