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Guangdong Rongtai IndustryLtd SHSE:600589 Stock Report

Last Price

CN¥2.17

Market Cap

CN¥3.3b

7D

-6.9%

1Y

-51.9%

Updated

11 Sep, 2024

Data

Company Financials

Guangdong Rongtai Industry Co.,Ltd

SHSE:600589 Stock Report

Market Cap: CN¥3.3b

600589 Stock Overview

Produces and sells chemical materials and other chemical products in China.

600589 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

Guangdong Rongtai Industry Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Guangdong Rongtai IndustryLtd
Historical stock prices
Current Share PriceCN¥2.17
52 Week HighCN¥6.22
52 Week LowCN¥2.20
Beta-0.24
11 Month Change-19.33%
3 Month Change-46.29%
1 Year Change-51.88%
33 Year Change-6.87%
5 Year Change-59.44%
Change since IPO-82.49%

Recent News & Updates

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) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

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

Aug 21
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

Jul 16
Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio

Recent updates

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) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

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

Aug 21
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

Jul 16
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's (SHSE:600589) 28% Share Price Plunge Could Signal Some Risk

May 13
Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) 28% Share Price Plunge Could Signal Some Risk

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

Apr 26
Does Guangdong Rongtai IndustryLtd (SHSE:600589) Have A Healthy Balance Sheet?

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

Mar 04
Guangdong Rongtai Industry Co.,Ltd's (SHSE:600589) Shares Climb 31% But Its Business Is Yet to Catch Up

Shareholder Returns

600589CN ChemicalsCN Market
7D-6.9%-2.5%-1.7%
1Y-51.9%-28.5%-20.6%

Return vs Industry: 600589 underperformed the CN Chemicals industry which returned -28.5% over the past year.

Return vs Market: 600589 underperformed the CN Market which returned -20.6% over the past year.

Price Volatility

Is 600589's price volatile compared to industry and market?
600589 volatility
600589 Average Weekly Movement6.4%
Chemicals Industry Average Movement4.9%
Market Average Movement5.4%
10% most volatile stocks in CN Market8.6%
10% least volatile stocks in CN Market3.6%

Stable Share Price: 600589's share price has been volatile over the past 3 months.

Volatility Over Time: 600589's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997115Wei Zhangwww.gdrongtai.cn

Guangdong Rongtai Industry Co.,Ltd produces and sells chemical materials and other chemical products in China. The company operates through Chemical Materials and Internet Comprehensive Service Segments. It offers amino plastics and composite materials, formaldehyde solution, phthalic anhydride, and phthalate plasticizers.

Guangdong Rongtai Industry Co.,Ltd Fundamentals Summary

How do Guangdong Rongtai IndustryLtd's earnings and revenue compare to its market cap?
600589 fundamental statistics
Market capCN¥3.28b
Earnings (TTM)CN¥123.85m
Revenue (TTM)CN¥387.11m

25.9x

P/E Ratio

8.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
600589 income statement (TTM)
RevenueCN¥387.11m
Cost of RevenueCN¥367.18m
Gross ProfitCN¥19.93m
Other Expenses-CN¥103.92m
EarningsCN¥123.85m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.084
Gross Margin5.15%
Net Profit Margin31.99%
Debt/Equity Ratio45.8%

How did 600589 perform over the long term?

See historical performance and comparison