Guangdong Rongtai IndustryLtd Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for Guangdong Rongtai IndustryLtd.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Chemicals earnings growth	39.5%
Revenue growth rate	n/a
Future return on equity	n/a
Analyst coverage	None
Last updated	n/a

Recent future growth updates

No updates

Recent updates

Optimistic Investors Push Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) Shares Up 40% But Growth Is Lacking

Nov 08

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 30% Share Price Surge Not Quite Adding Up

Sep 24

Guangdong Rongtai IndustryLtd (SHSE:600589) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Aug 29

Guangdong Rongtai IndustryLtd (SHSE:600589) Has Debt But No Earnings; Should You Worry?

Aug 21

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Jul 16

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 28% Share Price Plunge Could Signal Some Risk

May 13

Does Guangdong Rongtai IndustryLtd (SHSE:600589) Have A Healthy Balance Sheet?

Apr 26

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) Shares Climb 31% But Its Business Is Yet to Catch Up

Mar 04

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Guangdong Rongtai IndustryLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

SHSE:600589 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
9/30/2024	395	176	99	168	N/A
6/30/2024	387	124	61	106	N/A
3/31/2024	375	128	32	72	N/A
12/31/2023	367	83	-47	-13	N/A
9/30/2023	395	-720	-200	-169	N/A
6/30/2023	288	-779	-279	-251	N/A
3/31/2023	313	-773	137	164	N/A
12/31/2022	421	-745	143	168	N/A
9/30/2022	285	-834	195	201	N/A
6/30/2022	536	-768	85	92	N/A
3/31/2022	702	-720	-11	-4	N/A
12/31/2021	780	-719	-427	-418	N/A
9/30/2021	1,139	-1,279	73	-159	N/A
6/30/2021	1,165	-1,240	323	55	N/A
3/31/2021	1,126	-1,238	-46	-189	N/A
12/31/2020	1,069	-1,226	-408	-325	N/A
9/30/2020	1,119	-918	-603	-338	N/A
6/30/2020	1,175	-913	-513	-208	N/A
3/31/2020	1,306	-644	-530	-268	N/A
12/31/2019	1,428	-624	-65	70	N/A
9/30/2019	1,561	343	314	343	N/A
6/30/2019	1,621	375	124	169	N/A
3/31/2019	1,681	151	161	286	N/A
12/31/2018	1,700	154	367	415	N/A
9/30/2018	1,780	161	321	428	N/A
6/30/2018	1,754	155	N/A	500	N/A
3/31/2018	1,688	138	N/A	430	N/A
12/31/2017	1,643	134	N/A	395	N/A
9/30/2017	1,532	119	N/A	-22	N/A
6/30/2017	1,520	116	N/A	312	N/A
3/31/2017	1,472	104	N/A	82	N/A
12/31/2016	1,437	101	N/A	56	N/A
9/30/2016	1,187	74	N/A	361	N/A
6/30/2016	1,085	50	N/A	7	N/A
3/31/2016	1,000	36	N/A	147	N/A
12/31/2015	994	21	N/A	398	N/A
9/30/2015	1,007	12	N/A	325	N/A
6/30/2015	1,077	16	N/A	307	N/A
3/31/2015	1,183	27	N/A	398	N/A
12/31/2014	1,190	31	N/A	242	N/A
9/30/2014	1,240	36	N/A	158	N/A
6/30/2014	1,216	42	N/A	209	N/A
3/31/2014	1,180	53	N/A	148	N/A
12/31/2013	1,186	55	N/A	129	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 600589's forecast earnings growth is above the savings rate (2.8%).

Earnings vs Market: Insufficient data to determine if 600589's earnings are forecast to grow faster than the CN market

High Growth Earnings: Insufficient data to determine if 600589's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 600589's revenue is forecast to grow faster than the CN market.

High Growth Revenue: Insufficient data to determine if 600589's revenue is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 600589's Return on Equity is forecast to be high in 3 years time

Guangdong Rongtai IndustryLtd Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Recent updates

Optimistic Investors Push Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) Shares Up 40% But Growth Is Lacking

Third quarter 2024 earnings released: EPS: CN¥0.005 (vs CN¥0.061 loss in 3Q 2023)

Investor sentiment improves as stock rises 17%

Guangdong Rongtai Industry Co.,Ltd to Report Q3, 2024 Results on Oct 30, 2024

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 30% Share Price Surge Not Quite Adding Up

Investor sentiment improves as stock rises 18%

New minor risk - Earnings quality

Guangdong Rongtai IndustryLtd (SHSE:600589) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Second quarter 2024 earnings released: CN¥0.039 loss per share (vs CN¥0.053 loss in 2Q 2023)

Guangdong Rongtai IndustryLtd (SHSE:600589) Has Debt But No Earnings; Should You Worry?

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Guangdong Rongtai Industry Co.,Ltd to Report First Half, 2024 Results on Aug 23, 2024

Investor sentiment deteriorates as stock falls 15%

Investor sentiment improves as stock rises 17%

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 28% Share Price Plunge Could Signal Some Risk

Insufficient new directors

Does Guangdong Rongtai IndustryLtd (SHSE:600589) Have A Healthy Balance Sheet?

Investor sentiment deteriorates as stock falls 16%

Guangdong Rongtai Industry Co.,Ltd to Report Q1, 2024 Results on Apr 26, 2024

Guangdong Rongtai Industry Co.,Ltd, Annual General Meeting, Apr 08, 2024

Full year 2023 earnings released: EPS: CN¥0.06 (vs CN¥1.06 loss in FY 2022)

Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) Shares Climb 31% But Its Business Is Yet to Catch Up

New major risk - Shareholder dilution

Guangdong Rongtai Industry Co.,Ltd to Report Fiscal Year 2023 Results on Mar 22, 2024

Guangdong Rongtai Industry Co.,Ltd to Report Q3, 2023 Results on Oct 28, 2023

Insufficient new directors

New major risk - Financial position

New major risk - Share price stability

Full year 2022 earnings released: CN¥1.06 loss per share (vs CN¥1.01 loss in FY 2021)

Chen Ming agreed to acquire Jieyang Hegui New Material Co., Ltd. from Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) for CNY 10 million.

Guangdong Rongtai Industry Co.,Ltd (SHSE:600589) signed an agreement to acquire Jieyang Hefu New Material Co., Ltd. from Guangzhou Jiaxin Garment Co., Ltd.

Third quarter 2022 earnings released: CN¥0.003 loss per share (vs CN¥0.053 loss in 3Q 2021)

Guangzhou Jiaxin Garment Co., Ltd. completed the acquisition of Jieyang Hefu New Material Co., Ltd. from Guangdong Rongtai Industry Co.,Ltd (SHSE:600589).

Second quarter 2022 earnings released: CN¥0.046 loss per share (vs CN¥0.025 profit in 2Q 2021)

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Third quarter 2021 earnings released: CN¥0.053 loss per share (vs CN¥0.002 profit in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.025 (vs CN¥0.012 in 2Q 2020)

Full year 2020 earnings released: CN¥1.73 loss per share (vs CN¥0.76 loss in FY 2019)

New 90-day low: CN¥2.82

New 90-day low: CN¥3.18

New 90-day low: CN¥3.49

Third quarter earnings released

New 90-day low: CN¥3.80

Guangdong Rongtai Industry Co.,Ltd to Report Q3, 2020 Results on Oct 30, 2020

New 90-day low: CN¥3.94

Earnings released

Guangdong Rongtai Industry Co.,Ltd to Report First Half, 2020 Results on Aug 26, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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