002642 Stock Overview
Provides IT solutions in China and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
No risks detected for 002642 from our risk checks.
My Notes
Capture your thoughts, links and company narrative
Ronglian Group Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥6.36 |
| 52 Week High | CN¥9.19 |
| 52 Week Low | CN¥4.26 |
| Beta | 0.11 |
| 1 Month Change | -26.56% |
| 3 Month Change | -6.33% |
| 1 Year Change | -13.23% |
| 3 Year Change | 2.91% |
| 5 Year Change | -15.20% |
| Change since IPO | -1.21% |
Recent News & Updates
Does Ronglian Group (SZSE:002642) Have A Healthy Balance Sheet?
Dec 11
There's No Escaping Ronglian Group Ltd.'s (SZSE:002642) Muted Revenues Despite A 38% Share Price Rise
Oct 08Recent updates
Does Ronglian Group (SZSE:002642) Have A Healthy Balance Sheet?
Dec 11There's No Escaping Ronglian Group Ltd.'s (SZSE:002642) Muted Revenues Despite A 38% Share Price Rise
Oct 08Ronglian Group Ltd.'s (SZSE:002642) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Aug 23Revenues Working Against Ronglian Group Ltd.'s (SZSE:002642) Share Price Following 25% Dive
Apr 22Ronglian 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
| 002642 | CN IT | CN Market | |
|---|---|---|---|
| 7D | -2.8% | -4.1% | -1.5% |
| 1Y | -13.2% | 11.2% | 5.6% |
Return vs Industry: 002642 underperformed the CN IT industry which returned 11.2% over the past year.
Return vs Market: 002642 underperformed the CN Market which returned 5.6% over the past year.
Price Volatility
| 002642 volatility | |
|---|---|
| 002642 Average Weekly Movement | 8.3% |
| IT Industry Average Movement | 9.6% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in CN Market | 11.2% |
| 10% least volatile stocks in CN Market | 4.4% |
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 (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | 661 | Xuguang Zhang | 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
| 002642 fundamental statistics | |
|---|---|
| Market cap | CN¥4.40b |
| Earnings (TTM) | -CN¥173.79m |
| Revenue (TTM) | CN¥1.93b |
2.2x
P/S Ratio-24.2x
P/E RatioIs 002642 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 002642 income statement (TTM) | |
|---|---|
| Revenue | CN¥1.93b |
| Cost of Revenue | CN¥1.76b |
| Gross Profit | CN¥172.27m |
| Other Expenses | CN¥346.06m |
| Earnings | -CN¥173.79m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Apr 02, 2025
| Earnings per share (EPS) | -0.26 |
| Gross Margin | 8.92% |
| Net Profit Margin | -9.00% |
| Debt/Equity Ratio | 29.6% |
How did 002642 perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 16:58 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ronglian Group Ltd. is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yan Zhou | China Merchants Securities Co. Ltd. |
| Jian Fu | Everbright Securities Co. Ltd. |
| QingHui Yue | Founder Securities Co., Ltd. |