Announcement • May 29
Rumere Co.,Ltd. Announces Final Profit Distribution Plan to Be Implemented (A Shares) for 2025, Payable on 01 June 2026 Rumere announced final cash dividend distribution of CNY 5.27000000 per ten shares (tax included) on A shares for the year 2025. Record date: 29 May 2026, Ex-date: 01 June 2026 and Payment date: 01 June 2026. New Risk • May 24
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 211% Cash payout ratio: 224% Dividend yield: 3.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 211% Cash payout ratio: 224% Earnings have declined by 20% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥17.04, the stock trades at a trailing P/E ratio of 54.4x. Average trailing P/E is 38x in the Specialty Retail industry in China. Negligible returns to shareholders over past three years. Reported Earnings • Apr 24
First quarter 2026 earnings released: EPS: CN¥0.06 (vs CN¥0.089 in 1Q 2025) First quarter 2026 results: EPS: CN¥0.06 (down from CN¥0.089 in 1Q 2025). Revenue: CN¥112.5m (down 25% from 1Q 2025). Net income: CN¥13.7m (down 32% from 1Q 2025). Profit margin: 12% (down from 14% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Apr 24
Rumere Co.,Ltd., Annual General Meeting, May 18, 2026 Rumere Co.,Ltd., Annual General Meeting, May 18, 2026, at 14:30 China Standard Time. Location: Building A, No. 11, Minjiang East Road, Changshu, Jiangsu China Announcement • Mar 31
Rumere Co.,Ltd. to Report Q1, 2026 Results on Apr 24, 2026 Rumere Co.,Ltd. announced that they will report Q1, 2026 results on Apr 24, 2026 New Risk • Feb 08
New major risk - Revenue and earnings growth Earnings have declined by 19% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (154% payout ratio). Large one-off items impacting financial results. Announcement • Dec 31
Rumere Co.,Ltd. to Report Fiscal Year 2025 Results on Apr 24, 2026 Rumere Co.,Ltd. announced that they will report fiscal year 2025 results on Apr 24, 2026 Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥16.50, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 17x in the Specialty Retail industry in China. Total returns to shareholders of 4.2% over the past three years. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: CN¥0.029 (vs CN¥0.09 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.029 (down from CN¥0.09 in 3Q 2024). Revenue: CN¥144.0m (flat on 3Q 2024). Net income: CN¥6.69m (down 68% from 3Q 2024). Profit margin: 4.6% (down from 14% in 3Q 2024). Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Specialty Retail industry in China. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Rumere Co.,Ltd. to Report Q3, 2025 Results on Oct 30, 2025 Rumere Co.,Ltd. announced that they will report Q3, 2025 results on Oct 30, 2025 Announcement • Jul 02
Rumere Co.,Ltd. to Report First Half, 2025 Results on Aug 26, 2025 Rumere Co.,Ltd. announced that they will report first half, 2025 results on Aug 26, 2025 New Risk • May 19
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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 184% Cash payout ratio: 296% Earnings have declined by 19% per year over the past 5 years. Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥15.25, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 35x in the Specialty Retail industry in China. Total loss to shareholders of 15% over the past three years. Announcement • Apr 29
Rumere Co.,Ltd., Annual General Meeting, May 19, 2025 Rumere Co.,Ltd., Annual General Meeting, May 19, 2025, at 14:30 China Standard Time. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to CN¥10.94, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 33x in the Specialty Retail industry in China. Total loss to shareholders of 34% over the past three years. Announcement • Mar 31
Rumere Co.,Ltd. to Report Q1, 2025 Results on Apr 29, 2025 Rumere Co.,Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025 New Risk • Jan 15
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 9.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 115% Dividend per share is over 8x cash flows per share. Earnings have declined by 14% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change). New Risk • Jan 02
New major risk - Revenue and earnings growth Earnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 115% Dividend per share is over 8x cash flows per share. Earnings have declined by 14% per year over the past 5 years. Announcement • Dec 31
Rumere Co.,Ltd. to Report Fiscal Year 2024 Results on Apr 29, 2025 Rumere Co.,Ltd. announced that they will report fiscal year 2024 results on Apr 29, 2025 Announcement • Dec 07
Rumere Co.,Ltd. Approves Cash Dividend for the Third Quarter of 2024 Rumere Co.,Ltd. at its Extraordinary General Meeting held on 5 December 2024, approved the cash dividend of CNY 0.38000000 per 10 shares (tax included) for the third quarter of 2024. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to CN¥16.52, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 20x in the Specialty Retail industry in China. Total loss to shareholders of 32% over the past three years. Announcement • Nov 12
Rumere Co.,Ltd. (SZSE:301088) announces an Equity Buyback for CNY 2.4 million worth of its shares. Rumere Co.,Ltd. (SZSE:301088) announces a share repurchase program. Under the program, the company will repurchase up to CNY 2.40 million worth of its common stock. The shares will be purchased at a purchase price of CNY 16.03 per share. The Company will use its own funds to repurchase shares. The shares repurchased will be cancelled, The repurchased shares will be used to to maintain the company's value and shareholders' rights and interests. The program will expire within 3 months from the date on which the shareholders' meeting is approved. Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: CN¥0.09 (vs CN¥0.031 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.09 (up from CN¥0.031 in 3Q 2023). Revenue: CN¥144.9m (up 12% from 3Q 2023). Net income: CN¥20.6m (up 189% from 3Q 2023). Profit margin: 14% (up from 5.5% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Specialty Retail industry in China. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Announcement • Sep 30
Rumere Co.,Ltd. to Report Q3, 2024 Results on Oct 29, 2024 Rumere Co.,Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to CN¥12.90, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 11x in the Specialty Retail industry in China. Total loss to shareholders of 21% over the past year. Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: CN¥0.085 (vs CN¥0.087 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.085 (down from CN¥0.087 in 2Q 2023). Revenue: CN¥165.7m (down 11% from 2Q 2023). Net income: CN¥19.4m (down 2.7% from 2Q 2023). Profit margin: 12% (up from 11% in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Specialty Retail industry in China. Declared Dividend • Jul 08
Dividend increased to CN¥0.44 Dividend of CN¥0.44 is 20% higher than last year. Ex-date: 12th July 2024 Payment date: 12th July 2024 Dividend yield will be 4.2%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not covered by earnings (135% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 57% per year over the past 2 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 50% to bring the payout ratio under control. EPS is expected to grow by 83% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Jun 29
Rumere Co.,Ltd. to Report First Half, 2024 Results on Aug 29, 2024 Rumere Co.,Ltd. announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • Apr 24
Rumere Co.,Ltd., Annual General Meeting, May 16, 2024 Rumere Co.,Ltd., Annual General Meeting, May 16, 2024, at 14:00 China Standard Time. Location: Building A, No. 11, Minjiang East Road, Changshu, Jiangsu China Reported Earnings • Apr 24
First quarter 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.16 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.11 (down from CN¥0.16 in 1Q 2023). Revenue: CN¥180.3m (down 13% from 1Q 2023). Net income: CN¥26.0m (down 28% from 1Q 2023). Profit margin: 14% (down from 18% in 1Q 2023). Revenue is forecast to grow 26% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Specialty Retail industry in China. New Risk • Apr 24
New major risk - Revenue and earnings growth Earnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to CN¥10.15, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Specialty Retail industry in China. Total loss to shareholders of 39% over the past year. Announcement • Mar 30
Rumere Co.,Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Rumere Co.,Ltd. announced that they will report Q1, 2024 results on Apr 24, 2024 Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to CN¥11.85, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Specialty Retail industry in China. Total loss to shareholders of 30% over the past year. Announcement • Dec 29
Rumere Co.,Ltd. to Report Fiscal Year 2023 Results on Apr 24, 2024 Rumere Co.,Ltd. announced that they will report fiscal year 2023 results on Apr 24, 2024 Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: CN¥0.031 (vs CN¥0.16 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.031 (down from CN¥0.16 in 3Q 2022). Revenue: CN¥129.5m (down 43% from 3Q 2022). Net income: CN¥7.13m (down 81% from 3Q 2022). Profit margin: 5.5% (down from 16% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Specialty Retail industry in China. Announcement • Sep 30
Rumere Co.,Ltd. to Report Q3, 2023 Results on Oct 25, 2023 Rumere Co.,Ltd. announced that they will report Q3, 2023 results on Oct 25, 2023 Reported Earnings • Aug 29
Second quarter 2023 earnings released: EPS: CN¥0.087 (vs CN¥0.12 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.087 (down from CN¥0.12 in 2Q 2022). Revenue: CN¥185.6m (up 1.3% from 2Q 2022). Net income: CN¥19.9m (down 26% from 2Q 2022). Profit margin: 11% (down from 15% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Specialty Retail industry in China. Announcement • Jul 07
Rumere Co.,Ltd. Announces Final Profit Distribution on A Shares for the Year 2022, Payable on 13 July 2023 Rumere Co.,Ltd. announced 2022 final profit distribution plan to be implemented (A shares): cash dividend (tax included) of CNY 3.66000000 per ten shares. Record date is 12 July 2023. Ex-date is 13 July 2023. Payment date is 13 July 2023. Announcement • May 19
Rumere Co.,Ltd. Approves Cash Dividend for the Year 2022 Rumere Co.,Ltd. approved cash dividend/10 shares (tax included) of CNY 3.66000000 for the year 2022 at its AGM held on 16 May 2023. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to CN¥20.75, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Specialty Retail industry in China. Total returns to shareholders of 8.1% over the past year. Reported Earnings • Apr 26
First quarter 2023 earnings released: EPS: CN¥0.16 (vs CN¥0.21 in 1Q 2022) First quarter 2023 results: EPS: CN¥0.16 (down from CN¥0.21 in 1Q 2022). Revenue: CN¥206.9m (up 1.6% from 1Q 2022). Net income: CN¥36.3m (down 24% from 1Q 2022). Profit margin: 18% (down from 24% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 29% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Specialty Retail industry in China. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Guoqing Duan was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.12 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.16 (up from CN¥0.12 in 3Q 2021). Revenue: CN¥227.4m (up 72% from 3Q 2021). Net income: CN¥36.8m (up 74% from 3Q 2021). Profit margin: 16% (in line with 3Q 2021). Revenue is forecast to grow 42% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Online Retail industry in China. Reported Earnings • Aug 29
Second quarter 2022 earnings released: EPS: CN¥0.12 (vs CN¥0.23 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.12 (down from CN¥0.23 in 2Q 2021). Revenue: CN¥183.2m (down 2.8% from 2Q 2021). Net income: CN¥27.0m (down 32% from 2Q 2021). Profit margin: 15% (down from 21% in 2Q 2021). The decrease in margin was primarily driven by higher expenses. Over the next year, revenue is forecast to grow 83%, compared to a 26% growth forecast for the Online Retail industry in China. Announcement • Jul 07
Rumere Co., Ltd. Announces Final Cash Dividend for 2021, Payable Date Is 13 July 2022 Rumere Co., Ltd. announced 2021 final profit distribution plan to be implemented (A shares): Cash dividend/10 shares (tax included): CNY1.78000000. Record date: 12 July 2022, Ex-date: 13 July 2022 and Payment date: 13 July 2022. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 29% share price decline to CN¥18.13, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Online Retail industry in China. Reported Earnings • Apr 27
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.21 (down from CN¥0.31 in 1Q 2021). Revenue: CN¥203.7m (down 11% from 1Q 2021). Net income: CN¥47.8m (down 9.5% from 1Q 2021). Profit margin: 24% (in line with 1Q 2021). Revenue missed analyst estimates by 19%. Earnings per share (EPS) also missed analyst estimates by 3.2%. Over the next year, revenue is forecast to grow 71%, compared to a 33% growth forecast for the industry in China. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Announcement • Apr 26
Rumere Co., Ltd. Announces Profit Distribution Proposal for 2021 Rumere Co., Ltd. announced on 25 April 2022 the profit distribution proposal for 2021 as follows: Cash dividend/10 shares (tax included) of CNY 1.78000000. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 23% share price gain to CN¥21.25, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 18x in the Online Retail industry in China.