Board Change • May 23
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Jianhua Liu was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 10
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: CN¥0.25 loss per share (down from CN¥0.25 profit in FY 2024). Revenue: CN¥3.87b (down 11% from FY 2024). Net loss: CN¥57.8m (down 201% from profit in FY 2024). Revenue missed analyst estimates by 15%. Earnings per share (EPS) were also behind analyst expectations. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Announcement • Apr 10
Ruitai Materials Technology Co., Ltd., Annual General Meeting, May 07, 2026 Ruitai Materials Technology Co., Ltd., Annual General Meeting, May 07, 2026, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 31
Ruitai Materials Technology Co., Ltd. to Report Q1, 2026 Results on Apr 22, 2026 Ruitai Materials Technology Co., Ltd. announced that they will report Q1, 2026 results on Apr 22, 2026 Announcement • Dec 31
Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2025 Results on Apr 10, 2026 Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2025 results on Apr 10, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: CN¥0.084 loss per share (vs CN¥0.015 profit in 3Q 2024) Third quarter 2025 results: CN¥0.084 loss per share (down from CN¥0.015 profit in 3Q 2024). Revenue: CN¥880.1m (down 20% from 3Q 2024). Net loss: CN¥20.5m (down CN¥24.0m from profit in 3Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Announcement • Sep 30
Ruitai Materials Technology Co., Ltd. to Report Q3, 2025 Results on Oct 31, 2025 Ruitai Materials Technology Co., Ltd. announced that they will report Q3, 2025 results on Oct 31, 2025 New Risk • Sep 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 63% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (63% net debt to equity). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). New Risk • Sep 01
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.0% net profit margin). Announcement • Jul 02
Ruitai Materials Technology Co., Ltd. to Report First Half, 2025 Results on Aug 27, 2025 Ruitai Materials Technology Co., Ltd. announced that they will report first half, 2025 results on Aug 27, 2025 Reported Earnings • Apr 11
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: CN¥0.25 (down from CN¥0.32 in FY 2023). Revenue: CN¥4.35b (down 6.0% from FY 2023). Net income: CN¥57.0m (down 22% from FY 2023). Profit margin: 1.3% (down from 1.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.5%. Earnings per share (EPS) also missed analyst estimates by 29%. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Apr 11
Ruitai Materials Technology Co., Ltd. Proposes Final Cash Dividend for 2024 Ruitai Materials Technology Co., Ltd. announced on 10 April 2025 the profit distribution proposal for 2024 as follows: Final Cash dividend per 10 shares (tax included) of CNY 1.50000000. Announcement • Apr 10
Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 30, 2025 Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 30, 2025, at 14:00 China Standard Time. Location: The Company's Meeting Room, Beijing China Announcement • Mar 31
Ruitai Materials Technology Co., Ltd. to Report Q1, 2025 Results on Apr 30, 2025 Ruitai Materials Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 30, 2025 Buy Or Sell Opportunity • Feb 19
Now 20% overvalued Over the last 90 days, the stock has fallen 1.1% to CN¥11.23. The fair value is estimated to be CN¥9.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 11%. Reported Earnings • Jan 15
Full year 2024 earnings released: EPS: CN¥0.27 (vs CN¥0.32 in FY 2023) Full year 2024 results: EPS: CN¥0.27 (down from CN¥0.32 in FY 2023). Revenue: CN¥4.38b (down 5.3% from FY 2023). Net income: CN¥62.1m (down 15% from FY 2023). Profit margin: 1.4% (down from 1.6% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.0% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Dec 31
Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: CN¥0.015 (vs CN¥0.07 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.015 (down from CN¥0.07 in 3Q 2023). Revenue: CN¥1.11b (flat on 3Q 2023). Net income: CN¥3.52m (down 78% from 3Q 2023). Profit margin: 0.3% (down from 1.5% in 3Q 2023). Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 8.6% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Announcement • Sep 30
Ruitai Materials Technology Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Ruitai Materials Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥9.63, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 15x in the Basic Materials industry in China. Total returns to shareholders of 3.1% over the past three years. New Risk • Aug 13
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 36% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks High level of debt (65% net debt to equity). Short dividend paying track record (1 year of continuous dividend payments). Large one-off items impacting financial results. Reported Earnings • Aug 06
Second quarter 2024 earnings released: EPS: CN¥0.065 (vs CN¥0.044 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.065 (up from CN¥0.044 in 2Q 2023). Revenue: CN¥1.11b (down 5.4% from 2Q 2023). Net income: CN¥15.1m (up 48% from 2Q 2023). Profit margin: 1.4% (up from 0.9% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jul 31
Now 22% overvalued Over the last 90 days, the stock has fallen 9.9% to CN¥8.00. The fair value is estimated to be CN¥6.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Buy Or Sell Opportunity • Jul 11
Now 21% overvalued Over the last 90 days, the stock has fallen 14% to CN¥7.97. The fair value is estimated to be CN¥6.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Buy Or Sell Opportunity • Jul 01
Now 23% overvalued Over the last 90 days, the stock has fallen 11% to CN¥8.15. The fair value is estimated to be CN¥6.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Announcement • Jun 29
Ruitai Materials Technology Co., Ltd. to Report First Half, 2024 Results on Aug 06, 2024 Ruitai Materials Technology Co., Ltd. announced that they will report first half, 2024 results on Aug 06, 2024 Buy Or Sell Opportunity • Jun 25
Now 20% overvalued Over the last 90 days, the stock has fallen 8.3% to CN¥7.87. The fair value is estimated to be CN¥6.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Buy Or Sell Opportunity • Jun 07
Now 25% overvalued Over the last 90 days, the stock has fallen 1.7% to CN¥8.29. The fair value is estimated to be CN¥6.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 16%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 27% in the next 2 years. Declared Dividend • May 25
Dividend increased to CN¥0.10 Dividend of CN¥0.10 is 25% higher than last year. Ex-date: 29th May 2024 Payment date: 29th May 2024 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • May 25
Ruitai Materials Technology Co., Ltd. Approves Final Cash Dividend of 10 A Shares for 2023, Payable on 29 May 2024 Ruitai Materials Technology Co., Ltd. approved the final cash dividend of CNY 1.00000000 per 10 A shares for 2023. Record date: 28 May 2024. Ex-date: 29 May 2024. Payment date: 29 May 2024. Reported Earnings • Apr 30
First quarter 2024 earnings released: EPS: CN¥0.097 (vs CN¥0.096 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.097 (up from CN¥0.096 in 1Q 2023). Revenue: CN¥1.14b (up 6.5% from 1Q 2023). Net income: CN¥22.4m (up 1.4% from 1Q 2023). Profit margin: 2.0% (down from 2.1% in 1Q 2023). Revenue is forecast to grow 9.3% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to CN¥7.82, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 11x in the Basic Materials industry in China. Total loss to shareholders of 18% over the past three years. Announcement • Mar 30
Ruitai Materials Technology Co., Ltd. to Report Q1, 2024 Results on Apr 30, 2024 Ruitai Materials Technology Co., Ltd. announced that they will report Q1, 2024 results on Apr 30, 2024 Reported Earnings • Mar 06
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.32 (up from CN¥0.29 in FY 2022). Revenue: CN¥4.63b (down 4.0% from FY 2022). Net income: CN¥72.8m (up 9.9% from FY 2022). Profit margin: 1.6% (up from 1.4% in FY 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) also missed analyst estimates by 1.5%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥11.07, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 9x in the Basic Materials industry in China. Total returns to shareholders of 37% over the past three years. Announcement • Dec 30
Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2023 Results on Mar 06, 2024 Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2023 results on Mar 06, 2024 Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: CN¥0.07 (vs CN¥0.079 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.07 (down from CN¥0.079 in 3Q 2022). Revenue: CN¥1.11b (down 3.9% from 3Q 2022). Net income: CN¥16.1m (down 11% from 3Q 2022). Profit margin: 1.5% (down from 1.6% in 3Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. New Risk • Sep 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: CN¥0.044 (vs CN¥0.044 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.044 (in line with 2Q 2022). Revenue: CN¥1.17b (down 4.9% from 2Q 2022). Net income: CN¥10.2m (up 1.0% from 2Q 2022). Profit margin: 0.9% (in line with 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Jun 01
Ruitai Materials Technology Co., Ltd. Implements Final Cash Dividend on A Shares for the Year 2022, Payable on 07 June 2023 Ruitai Materials Technology Co., Ltd. announced the implementation of final Cash dividend (tax included) of CNY 0.80000000 per 10 A shares. Record date: 06 June 2023 and Ex-date: 07 June 2023. Payment date: 07 June 2023. Buying Opportunity • Apr 25
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be CN¥13.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 39%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings is also forecast to grow by 21% per annum over the same time period. Reported Earnings • Apr 12
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: CN¥0.29 (up from CN¥0.21 in FY 2021). Revenue: CN¥4.82b (up 6.2% from FY 2021). Net income: CN¥66.2m (up 39% from FY 2021). Profit margin: 1.4% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 6.7%. Earnings per share (EPS) exceeded analyst estimates by 10%. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Mar 06
Now 20% undervalued Over the last 90 days, the stock is up 3.3%. The fair value is estimated to be CN¥17.07, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.5% over the last 3 years. Earnings per share has grown by 40%. Revenue is forecast to grow by 38% in 2 years. Earnings is forecast to grow by 47% in the next 2 years. Reported Earnings • Jan 11
Full year 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.21 in FY 2021) Full year 2022 results: EPS: CN¥0.29 (up from CN¥0.21 in FY 2021). Revenue: CN¥4.82b (up 6.2% from FY 2021). Net income: CN¥67.0m (up 40% from FY 2021). Profit margin: 1.4% (up from 1.1% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: CN¥0.079 (vs CN¥0.051 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.079 (up from CN¥0.051 in 3Q 2021). Revenue: CN¥1.16b (up 9.2% from 3Q 2021). Net income: CN¥18.2m (up 53% from 3Q 2021). Profit margin: 1.6% (up from 1.1% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 26
Second quarter 2022 earnings released: EPS: CN¥0.044 (vs CN¥0.039 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.044 (up from CN¥0.039 in 2Q 2021). Revenue: CN¥1.23b (up 1.1% from 2Q 2021). Net income: CN¥10.1m (up 13% from 2Q 2021). Profit margin: 0.8% (up from 0.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 17% growth forecast for the Basic Materials industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 07
Second quarter 2022 earnings released: EPS: CN¥0.044 (vs CN¥0.039 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.044 (up from CN¥0.039 in 2Q 2021). Revenue: CN¥1.23b (up 1.1% from 2Q 2021). Net income: CN¥10.1m (up 13% from 2Q 2021). Profit margin: 0.8% (up from 0.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 18%, compared to a 19% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 14
Investor sentiment deteriorated over the past week After last week's 21% share price decline to CN¥11.70, the stock trades at a forward P/E ratio of 42x. Average forward P/E is 8x in the Basic Materials industry in China. Total returns to shareholders of 42% over the past three years. Buying Opportunity • Jun 09
Now 21% undervalued Over the last 90 days, the stock is up 5.3%. The fair value is estimated to be CN¥15.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 30% in 2 years. Earnings is forecast to grow by 59% in the next 2 years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 25% share price gain to CN¥12.71, the stock trades at a forward P/E ratio of 46x. Average forward P/E is 9x in the Basic Materials industry in China. Total returns to shareholders of 55% over the past three years. Announcement • May 10
Ruitai Materials Technology Co., Ltd. Approves the Election of Hou Diyang and Song Zuobao as Non-Independent Directors Ruitai Materials Technology Co., Ltd. held its 2nd Extraordinary General Meeting of 2022 on 06 May 2022, approved the election of Hou Diyang and Song Zuobao as non-independent directors. Announcement • Apr 22
Ruitai Materials Technology Co., Ltd. Approves Election of Yu Xingxi as Independent Director Ruitai Materials Technology Co., Ltd. at the AGM held on April 20, 2022, approved Election of Yu Xingxi as independent director. Announcement • Mar 31
Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 20, 2022 Ruitai Materials Technology Co., Ltd., Annual General Meeting, Apr 20, 2022, at 13:30 China Standard Time. Agenda: To consider 2021 work report of the board of directors; to consider 2021 work report of the supervisory committee; to consider 2021 annual accounts; to consider 2021 profit distribution plan; to consider 2021 annual report and its summary; and to consider any other matter. Reported Earnings • Mar 30
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.20 (up from CN¥0.12 in FY 2020). Revenue: CN¥4.54b (up 7.6% from FY 2020). Net income: CN¥47.3m (up 70% from FY 2020). Profit margin: 1.0% (up from 0.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 6.0%. Over the next year, revenue is forecast to grow 14%, compared to a 20% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 07
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: CN¥0.20 (up from CN¥0.12 in FY 2020). Revenue: CN¥4.54b (up 7.6% from FY 2020). Net income: CN¥47.3m (up 70% from FY 2020). Profit margin: 1.0% (up from 0.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 9.3%. Earnings per share (EPS) also missed analyst estimates by 7.0%. Earnings per share (EPS) missed analyst estimates by 7.0%. Over the next year, revenue is forecast to grow 31%, compared to a 14% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 21
Third quarter 2021 earnings released: EPS CN¥0.051 (vs CN¥0.036 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: CN¥1.06b (up 2.1% from 3Q 2020). Net income: CN¥11.9m (up 43% from 3Q 2020). Profit margin: 1.1% (up from 0.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 25
Second quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.056 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.22b (up 9.3% from 2Q 2020). Net income: CN¥8.96m (down 30% from 2Q 2020). Profit margin: 0.7% (down from 1.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 14
Second quarter 2021 earnings released: EPS CN¥0.039 (vs CN¥0.056 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥1.22b (up 9.3% from 2Q 2020). Net income: CN¥8.96m (down 30% from 2Q 2020). Profit margin: 0.7% (down from 1.2% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 25
First quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.042 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥1.13b (up 31% from 1Q 2020). Net income: CN¥14.2m (up CN¥23.8m from 1Q 2020). Profit margin: 1.3% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 02
Full year 2020 earnings released: EPS CN¥0.12 (vs CN¥0.11 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: CN¥4.22b (up 8.1% from FY 2019). Net income: CN¥27.7m (up 8.2% from FY 2019). Profit margin: 0.7% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 11
New 90-day high: CN¥10.19 The company is up 11% from its price of CN¥9.17 on 11 December 2020. The Chinese market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 7.0% over the same period. Announcement • Feb 24
Ruitai Materials Technology Co., Ltd. to Report Fiscal Year 2020 Results on Apr 02, 2021 Ruitai Materials Technology Co., Ltd. announced that they will report fiscal year 2020 results on Apr 02, 2021 Is New 90 Day High Low • Jan 11
New 90-day low: CN¥8.03 The company is down 23% from its price of CN¥10.44 on 13 October 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 2.0% over the same period. Is New 90 Day High Low • Dec 23
New 90-day low: CN¥9.05 The company is down 7.0% from its price of CN¥9.75 on 24 September 2020. The Chinese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Basic Materials industry, which is also down 7.0% over the same period. Reported Earnings • Oct 28
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥26.9m, up 38% from the prior year. Total revenue was CN¥4.05b over the last 12 months, up 5.8% from the prior year. Announcement • Oct 20
Ruitai Materials Technology Co., Ltd. to Report Q3, 2020 Results on Oct 28, 2020 Ruitai Materials Technology Co., Ltd. announced that they will report Q3, 2020 results on Oct 28, 2020 Announcement • Aug 07
Ruitai Materials Technology Co., Ltd. to Report First Half, 2020 Results on Aug 26, 2020 Ruitai Materials Technology Co., Ltd. announced that they will report first half, 2020 results on Aug 26, 2020