2642 Stock Overview
Ronglian Group Ltd. provides IT solutions in China and internationally.
No risks detected for 2642 from our risk checks.
Ronglian Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||CN¥5.34|
|52 Week High||CN¥8.79|
|52 Week Low||CN¥4.18|
|1 Month Change||-3.26%|
|3 Month Change||-26.75%|
|1 Year Change||20.00%|
|3 Year Change||19.73%|
|5 Year Change||-78.69%|
|Change since IPO||-17.05%|
Recent News & Updates
|2642||CN IT||CN Market|
Return vs Industry: 002642 exceeded the CN IT industry which returned -19% over the past year.
Return vs Market: 002642 exceeded the CN Market which returned -15.4% over the past year.
|2642 Average Weekly Movement||7.0%|
|IT Industry Average Movement||7.5%|
|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: 002642 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 002642's weekly volatility (7%) has been stable over the past year.
About the Company
Ronglian Group Ltd. provides IT solutions in China and internationally. It provides infrastructure and data center solutions, such as IT planning, application and system integration, professional operation and maintenance, and specialized services; virtualization, and private and hybrid cloud services; and B2B, smart city, and operation services. The company also offers enterprise cloud services, such as cloud planning and design, service migration, resource management, integration development, and operation monitoring services, as well as industry cloud solutions, such as insurance, exploration, and education.
Ronglian Group Fundamentals Summary
|2642 fundamental statistics|
Is 2642 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2642 income statement (TTM)|
|Cost of Revenue||CN¥3.18b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.085|
|Net Profit Margin||1.56%|
How did 2642 perform over the long term?See historical performance and comparison
Is Ronglian Group undervalued compared to its fair value and its price relative to the market?
Valuation Score 0/6
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: Insufficient data to calculate 002642's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate 002642's fair value for valuation analysis.
Price To Earnings Ratio
PE vs Industry: 002642 is poor value based on its PE Ratio (62.8x) compared to the CN IT industry average (39.9x).
PE vs Market: 002642 is poor value based on its PE Ratio (62.8x) compared to the CN market (30.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 002642's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 002642's PB Ratio (2.4x) is in line with the CN IT industry average.
How is Ronglian Group 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 Software 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 Ronglian Group 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 Ronglian Group performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 002642 has high quality earnings.
Growing Profit Margin: 002642 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 002642 has become profitable over the past 5 years, growing earnings by -18.8% per year.
Accelerating Growth: 002642 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 002642 has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (0.6%).
Return on Equity
High ROE: 002642's Return on Equity (3.8%) is considered low.
How is Ronglian Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 002642's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥1.5B).
Long Term Liabilities: 002642's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥26.4M).
Debt to Equity History and Analysis
Debt Level: 002642 has more cash than its total debt.
Reducing Debt: 002642's debt to equity ratio has increased from 13.3% to 19.6% over the past 5 years.
Debt Coverage: 002642's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 002642's interest payments on its debt are well covered by EBIT (7.9x coverage).
What is Ronglian Group current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 002642's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 002642's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 002642's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 002642's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: 002642 is not paying a notable dividend for the CN market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 002642 has not reported any payouts.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ms. Tong Zhang serves as the Chief Executive Officer of Ronglian Group Ltd. (formerly known as UEC Group Ltd.). (United Electronics Co., Ltd.) and served as its Director Ms. Zhang joined UEC in 2005, with...
Experienced Board: 002642's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Ronglian Group Ltd.'s employee growth, exchange listings and data sources
- Name: Ronglian Group Ltd.
- Ticker: 2642
- Exchange: SZSE
- Founded: 2001
- Industry: IT Consulting and Other Services
- Sector: Software
- Implied Market Cap: CN¥3.236b
- Shares outstanding: 667.25m
- Website: https://www.ronglian.com
Number of Employees
- Ronglian Group Ltd.
- Building 106
- UEC Plaza
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/18 00:00|
|End of Day Share Price||2022/05/18 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.