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Ronglian Group SZSE:002642 Stock Report

Last Price

CN¥7.54

Market Cap

CN¥5.1b

7D

-2.5%

1Y

-18.4%

Updated

22 Nov, 2024

Data

Company Financials

002642 Stock Overview

Provides IT solutions in China and internationally. More details

002642 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 002642 from our risk checks.

Ronglian Group Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Ronglian Group
Historical stock prices
Current Share PriceCN¥7.54
52 Week HighCN¥9.58
52 Week LowCN¥4.26
Beta0.10
11 Month Change2.17%
3 Month Change14.42%
1 Year Change-18.40%
33 Year Change51.41%
5 Year Change30.90%
Change since IPO17.12%

Recent News & Updates

There's No Escaping Ronglian Group Ltd.'s (SZSE:002642) Muted Revenues Despite A 38% Share Price Rise

Oct 08
There's No Escaping Ronglian Group Ltd.'s (SZSE:002642) Muted Revenues Despite A 38% Share Price Rise

Ronglian Group Ltd.'s (SZSE:002642) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Aug 23
Ronglian Group Ltd.'s (SZSE:002642) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Recent updates

There's No Escaping Ronglian Group Ltd.'s (SZSE:002642) Muted Revenues Despite A 38% Share Price Rise

Oct 08
There's No Escaping Ronglian Group Ltd.'s (SZSE:002642) Muted Revenues Despite A 38% Share Price Rise

Ronglian Group Ltd.'s (SZSE:002642) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Aug 23
Ronglian Group Ltd.'s (SZSE:002642) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Revenues Working Against Ronglian Group Ltd.'s (SZSE:002642) Share Price Following 25% Dive

Apr 22
Revenues Working Against Ronglian Group Ltd.'s (SZSE:002642) Share Price Following 25% Dive

Ronglian Group Ltd.'s (SZSE:002642) Shares Bounce 42% But Its Business Still Trails The Industry

Mar 06
Ronglian Group Ltd.'s (SZSE:002642) Shares Bounce 42% But Its Business Still Trails The Industry

Is Ronglian Group (SZSE:002642) Using Debt Sensibly?

Feb 27
Is Ronglian Group (SZSE:002642) Using Debt Sensibly?

Shareholder Returns

002642CN ITCN Market
7D-2.5%-3.0%-0.9%
1Y-18.4%6.9%5.4%

Return vs Industry: 002642 underperformed the CN IT industry which returned 6.9% over the past year.

Return vs Market: 002642 underperformed the CN Market which returned 5.4% over the past year.

Price Volatility

Is 002642's price volatile compared to industry and market?
002642 volatility
002642 Average Weekly Movement9.6%
IT Industry Average Movement11.3%
Market Average Movement8.3%
10% most volatile stocks in CN Market12.6%
10% least volatile stocks in CN Market5.6%

Stable Share Price: 002642 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002642's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001661Xuguang Zhangwww.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

How do Ronglian Group's earnings and revenue compare to its market cap?
002642 fundamental statistics
Market capCN¥5.13b
Earnings (TTM)-CN¥173.79m
Revenue (TTM)CN¥1.93b

2.6x

P/S Ratio

-28.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002642 income statement (TTM)
RevenueCN¥1.93b
Cost of RevenueCN¥1.76b
Gross ProfitCN¥172.27m
Other ExpensesCN¥346.06m
Earnings-CN¥173.79m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.26
Gross Margin8.92%
Net Profit Margin-9.00%
Debt/Equity Ratio29.6%

How did 002642 perform over the long term?

See historical performance and comparison