603933 Stock Overview
Fujian Raynen Technology Co., Ltd. engages in the distribution of IC products in China.
Fujian Raynen Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥10.28|
|52 Week High||CN¥17.72|
|52 Week Low||CN¥8.34|
|1 Month Change||2.09%|
|3 Month Change||-18.41%|
|1 Year Change||-22.71%|
|3 Year Change||-20.04%|
|5 Year Change||n/a|
|Change since IPO||-30.74%|
Recent News & Updates
|603933||CN Semiconductor||CN Market|
Return vs Industry: 603933 underperformed the CN Semiconductor industry which returned 6.6% over the past year.
Return vs Market: 603933 underperformed the CN Market which returned -15.8% over the past year.
|603933 Average Weekly Movement||5.8%|
|Semiconductor Industry Average Movement||7.9%|
|Market Average Movement||7.4%|
|10% most volatile stocks in CN Market||10.3%|
|10% least volatile stocks in CN Market||5.3%|
Stable Share Price: 603933 is less volatile than 75% of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 603933's weekly volatility (6%) has been stable over the past year.
About the Company
Fujian Raynen Technology Co., Ltd. engages in the distribution of IC products in China. The company also researches, develops, produces, and sells computer control systems for knitting machines and textile servo drivers. Its products include flat knitting machine computer control systems, vamp flat knitting machine computer control systems, operation boxes, main controllers, take-down comb controllers, carriage controllers, and integrated power supply products; and single-axis and digital dual-axis servo drivers.
Fujian Raynen Technology Fundamentals Summary
|603933 fundamental statistics|
Is 603933 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|603933 income statement (TTM)|
|Cost of Revenue||CN¥1.73b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.38|
|Net Profit Margin||3.79%|
How did 603933 perform over the long term?See historical performance and comparison
1.3%Current Dividend Yield
Is Fujian Raynen Technology undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 603933 (CN¥10.28) is trading above our estimate of fair value (CN¥1.64)
Significantly Below Fair Value: 603933 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 603933 is good value based on its PE Ratio (26.9x) compared to the CN Semiconductor industry average (44.3x).
PE vs Market: 603933 is good value based on its PE Ratio (26.9x) compared to the CN market (30.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 603933's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 603933 is good value based on its PB Ratio (1.9x) compared to the CN Semiconductor industry average (4.2x).
How is Fujian Raynen Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Semiconductors 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 Fujian Raynen 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.
How has Fujian Raynen Technology performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 603933 has a high level of non-cash earnings.
Growing Profit Margin: 603933's current net profit margins (3.8%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: 603933's earnings have declined by 24% per year over the past 5 years.
Accelerating Growth: 603933's earnings growth over the past year (53.8%) exceeds its 5-year average (-24% per year).
Earnings vs Industry: 603933 earnings growth over the past year (53.8%) underperformed the Semiconductor industry 66.5%.
Return on Equity
High ROE: 603933's Return on Equity (6.5%) is considered low.
How is Fujian Raynen Technology's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 603933's short term assets (CN¥1.7B) exceed its short term liabilities (CN¥757.3M).
Long Term Liabilities: 603933's short term assets (CN¥1.7B) exceed its long term liabilities (CN¥110.6M).
Debt to Equity History and Analysis
Debt Level: 603933 has more cash than its total debt.
Reducing Debt: 603933's debt to equity ratio has reduced from 32.6% to 25.2% over the past 5 years.
Debt Coverage: 603933's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 603933 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Fujian Raynen Technology current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 603933's dividend (1.27%) is higher than the bottom 25% of dividend payers in the CN market (0.55%).
High Dividend: 603933's dividend (1.27%) is low compared to the top 25% of dividend payers in the CN market (2.11%).
Stability and Growth of Payments
Stable Dividend: 603933 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 603933 has only been paying a dividend for 4 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (32.8%), 603933's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 603933 is paying a dividend but the company has no free cash flows.
How experienced are the management team and are they aligned to shareholders interests?
Fujian Raynen Technology has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.8%.
Fujian Raynen Technology Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Fujian Raynen Technology Co., Ltd.
- Ticker: 603933
- Exchange: SHSE
- Founded: 2007
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: CN¥2.166b
- Shares outstanding: 210.86m
- Website: https://www.raynen.cn
Number of Employees
- Fujian Raynen Technology Co., Ltd.
- Building 26, Block C
- Software Park
- Fujian Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/17 00:00|
|End of Day Share Price||2022/05/17 00:00|
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.