2642 Stock Overview
Ronglian Group Ltd. provides IT solutions in China and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Ronglian Group Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥5.37 |
| 52 Week High | CN¥13.10 |
| 52 Week Low | CN¥4.26 |
| Beta | 0.15 |
| 1 Month Change | -24.79% |
| 3 Month Change | -17.38% |
| 1 Year Change | -22.62% |
| 3 Year Change | 25.76% |
| 5 Year Change | -2.36% |
| Change since IPO | -16.59% |
Recent News & Updates
Revenues Working Against Ronglian Group Ltd.'s (SZSE:002642) Share Price Following 25% Dive
Apr 22
Ronglian Group Ltd.'s (SZSE:002642) Shares Bounce 42% But Its Business Still Trails The Industry
Mar 06Is Ronglian Group (SZSE:002642) Using Debt Sensibly?
Feb 27Shareholder Returns
| 2642 | CN IT | CN Market | |
|---|---|---|---|
| 7D | 5.7% | -3.3% | -0.4% |
| 1Y | -22.6% | -26.0% | -16.2% |
Return vs Industry: 002642 exceeded the CN IT industry which returned -26% over the past year.
Return vs Market: 002642 underperformed the CN Market which returned -16.2% over the past year.
Price Volatility
| 2642 volatility | |
|---|---|
| 2642 Average Weekly Movement | 10.8% |
| IT Industry Average Movement | 10.7% |
| Market Average Movement | 8.9% |
| 10% most volatile stocks in CN Market | 12.7% |
| 10% least volatile stocks in CN Market | 5.4% |
Stable Share Price: 002642's share price has been volatile over the past 3 months.
Volatility Over Time: 002642's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of CN stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | 776 | Donghui Wang | www.ronglian.com |
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 Ltd. Fundamentals Summary
| 2642 fundamental statistics | |
|---|---|
| Market cap | CN¥3.55b |
| Earnings (TTM) | -CN¥40.17m |
| Revenue (TTM) | CN¥3.04b |
1.2x
P/S Ratio-88.4x
P/E RatioIs 2642 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2642 income statement (TTM) | |
|---|---|
| Revenue | CN¥3.04b |
| Cost of Revenue | CN¥2.66b |
| Gross Profit | CN¥382.51m |
| Other Expenses | CN¥422.68m |
| Earnings | -CN¥40.17m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
Apr 24, 2024
| Earnings per share (EPS) | -0.061 |
| Gross Margin | 12.57% |
| Net Profit Margin | -1.32% |
| Debt/Equity Ratio | 21.5% |
How did 2642 perform over the long term?
See historical performance and comparison