company background image
3005

Shenzhen RongDa Photosensitive Science & TechnologySZSE:300576 Stock Report

Market Cap

CN¥7.4b

7D

-0.5%

1Y

-22.6%

Updated

24 Sep, 2021

Data

Company Financials
300576 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

300576 Overview

Shenzhen RongDa Photosensitive Science & Technology Co., Ltd.

Price History & Performance

Summary of all time highs, changes and price drops for Shenzhen RongDa Photosensitive Science & Technology
Historical stock prices
Current Share PriceCN¥39.13
52 Week HighCN¥27.17
52 Week LowCN¥61.16
Beta-0.12
1 Month Change-12.07%
3 Month Change1.64%
1 Year Change-22.58%
3 Year Change358.97%
5 Year Changen/a
Change since IPO671.39%

Recent News & Updates

Shareholder Returns

300576CN ChemicalsCN Market
7D-0.5%-2.2%0.6%
1Y-22.6%78.0%13.7%

Return vs Industry: 300576 underperformed the CN Chemicals industry which returned 78% over the past year.

Return vs Market: 300576 underperformed the CN Market which returned 13.7% over the past year.

Price Volatility

Is 300576's price volatile compared to industry and market?
300576 volatility
300576 Beta-0.12
Industry Beta0.77
Market Beta1

Stable Share Price: 300576 is more volatile than 90% of CN stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 300576's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.

About the Company

FoundedEmployeesCEOWebsite
1996495Yong Huanghttps://www.szrd.com

Shenzhen RongDa Photosensitive Science & Technology Co., Ltd. produces and sells photosensitive chemical materials in China. It offers PCB inks, positive photoresists, and special inks.

Shenzhen RongDa Photosensitive Science & Technology Fundamentals Summary

How do Shenzhen RongDa Photosensitive Science & Technology's earnings and revenue compare to its market cap?
300576 fundamental statistics
Market CapCN¥7.36b
Earnings (TTM)CN¥58.61m
Revenue (TTM)CN¥672.35m

125.6x

P/E Ratio

10.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
300576 income statement (TTM)
RevenueCN¥672.35m
Cost of RevenueCN¥467.77m
Gross ProfitCN¥204.57m
ExpensesCN¥145.96m
EarningsCN¥58.61m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin30.43%
Net Profit Margin8.72%
Debt/Equity Ratio22.6%

How did 300576 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

22%

Payout Ratio

Valuation

Is Shenzhen RongDa Photosensitive Science & Technology undervalued compared to its fair value and its price relative to the market?

125.59x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 300576 (CN¥39.13) is trading above our estimate of fair value (CN¥2.04)

Significantly Below Fair Value: 300576 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 300576 is poor value based on its PE Ratio (125.6x) compared to the CN Chemicals industry average (35.5x).

PE vs Market: 300576 is poor value based on its PE Ratio (125.6x) compared to the CN market (35.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 300576's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 300576 is overvalued based on its PB Ratio (13.3x) compared to the CN Chemicals industry average (3.5x).


Future Growth

How is Shenzhen RongDa Photosensitive Science & Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

26.0%

Forecasted Materials industry annual growth in earnings


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 Shenzhen RongDa Photosensitive Science & Technology 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.


Past Performance

How has Shenzhen RongDa Photosensitive Science & Technology performed over the past 5 years?

10.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 300576 has high quality earnings.

Growing Profit Margin: 300576's current net profit margins (8.7%) are lower than last year (8.8%).


Past Earnings Growth Analysis

Earnings Trend: 300576's earnings have grown by 10.5% per year over the past 5 years.

Accelerating Growth: 300576's earnings growth over the past year (38.9%) exceeds its 5-year average (10.5% per year).

Earnings vs Industry: 300576 earnings growth over the past year (38.9%) exceeded the Chemicals industry 36.5%.


Return on Equity

High ROE: 300576's Return on Equity (10.6%) is considered low.


Financial Health

How is Shenzhen RongDa Photosensitive Science & Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 300576's short term assets (CN¥722.0M) exceed its short term liabilities (CN¥384.4M).

Long Term Liabilities: 300576's short term assets (CN¥722.0M) exceed its long term liabilities (CN¥135.4M).


Debt to Equity History and Analysis

Debt Level: 300576's debt to equity ratio (22.6%) is considered satisfactory.

Reducing Debt: 300576's debt to equity ratio has increased from 5.1% to 22.6% over the past 5 years.

Debt Coverage: 300576's debt is well covered by operating cash flow (30%).

Interest Coverage: 300576 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Shenzhen RongDa Photosensitive Science & Technology current dividend yield, its reliability and sustainability?

0.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 300576's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the CN market (0.41%).

High Dividend: 300576's dividend (0.17%) is low compared to the top 25% of dividend payers in the CN market (1.76%).


Stability and Growth of Payments

Stable Dividend: 300576 is not paying a notable dividend for the CN market, therefore no need to check if payments are stable.

Growing Dividend: 300576 is not paying a notable dividend for the CN market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 300576 is not paying a notable dividend for the CN market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 300576's dividend in 3 years as they are not forecast to pay a notable one for the CN market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

8.4yrs

Average board tenure


CEO

Yong Huang (52 yo)

no data

Tenure

CN¥869,600

Compensation

Mr. Huang Yong serves as Managing Director at Shenzhen RongDa Photosensitive Science & Technology Co., Ltd. and has been Director since July 2009. Mr. Yong worked as a development engineer in Panyu Global...


Board Members

Experienced Board: 300576's board of directors are considered experienced (8.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shenzhen RongDa Photosensitive Science & Technology Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Shenzhen RongDa Photosensitive Science & Technology Co., Ltd.
  • Ticker: 300576
  • Exchange: SZSE
  • Founded: 1996
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: CN¥7.361b
  • Shares outstanding: 188.10m
  • Website: https://www.szrd.com

Number of Employees


Location

  • Shenzhen RongDa Photosensitive Science & Technology Co., Ltd.
  • R&D Building of Lixin Lake
  • Floor 1-3, No.1 Science and Technology Industrial Park
  • Shenzhen
  • Guangdong Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:42
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.