Zhejiang Runyang New Material Technology Co., Ltd.

SZSE:300920 Stock Report

Market Cap: CN¥1.9b

Zhejiang Runyang New Material Technology Past Earnings Performance

Past criteria checks 4/6

Zhejiang Runyang New Material Technology's earnings have been declining at an average annual rate of -34.2%, while the Chemicals industry saw earnings growing at 4.9% annually. Revenues have been declining at an average rate of 4.4% per year. Zhejiang Runyang New Material Technology's return on equity is 2.9%, and it has net margins of 10.2%.

Key information

-34.2%

Earnings growth rate

-41.7%

EPS growth rate

Chemicals Industry Growth12.1%
Revenue growth rate-4.4%
Return on equity2.9%
Net Margin10.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Subdued Growth No Barrier To Zhejiang Runyang New Material Technology Co., Ltd. (SZSE:300920) With Shares Advancing 28%

Nov 11
Subdued Growth No Barrier To Zhejiang Runyang New Material Technology Co., Ltd. (SZSE:300920) With Shares Advancing 28%

There's Reason For Concern Over Zhejiang Runyang New Material Technology Co., Ltd.'s (SZSE:300920) Price

Sep 27
There's Reason For Concern Over Zhejiang Runyang New Material Technology Co., Ltd.'s (SZSE:300920) Price

Zhejiang Runyang New Material Technology Co., Ltd. (SZSE:300920) Surges 29% Yet Its Low P/E Is No Reason For Excitement

May 21
Zhejiang Runyang New Material Technology Co., Ltd. (SZSE:300920) Surges 29% Yet Its Low P/E Is No Reason For Excitement

Be Wary Of Zhejiang Runyang New Material Technology (SZSE:300920) And Its Returns On Capital

Apr 23
Be Wary Of Zhejiang Runyang New Material Technology (SZSE:300920) And Its Returns On Capital

Zhejiang Runyang New Material Technology Co., Ltd. (SZSE:300920) Investors Are Less Pessimistic Than Expected

Mar 06
Zhejiang Runyang New Material Technology Co., Ltd. (SZSE:300920) Investors Are Less Pessimistic Than Expected

Revenue & Expenses Breakdown

How Zhejiang Runyang New Material Technology makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSE:300920 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24408424912
30 Jun 24406514811
31 Mar 24389594710
31 Dec 23359424511
30 Sep 23324324115
30 Jun 23299163916
31 Mar 23336134119
01 Jan 23390334322
30 Sep 22443364827
30 Jun 22508655328
31 Mar 22514814727
01 Jan 22502904423
30 Sep 214961073619
30 Jun 214861213118
31 Mar 214651273417
31 Dec 204341273016
30 Sep 204031245723
31 Dec 193651163212
31 Dec 18325872310
31 Dec 1716821348
30 Jun 179916110
31 Mar 177711100
31 Dec 16566100
30 Sep 1647590
30 Jun 1639390
31 Mar 1635280
31 Dec 1531270
31 Dec 1422040
31 Dec 1316030

Quality Earnings: 300920 has high quality earnings.

Growing Profit Margin: 300920's current net profit margins (10.2%) are higher than last year (9.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 300920's earnings have declined by 34.2% per year over the past 5 years.

Accelerating Growth: 300920's earnings growth over the past year (29.1%) exceeds its 5-year average (-34.2% per year).

Earnings vs Industry: 300920 earnings growth over the past year (29.1%) exceeded the Chemicals industry -4.7%.

Return on Equity

High ROE: 300920's Return on Equity (2.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 12:38
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Zhejiang Runyang New Material Technology Co., Ltd. is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Wei LiuHaitong International Research Limited
Zhangxiang FanTianfeng Securities Brokerage Co., Ltd
Nan XieZhongtai Securities Co. Ltd.