Ronglian Group Ltd.

SZSE:002642 Stock Report

Market Cap: CN¥4.8b

Ronglian Group Past Earnings Performance

Past criteria checks 0/6

Ronglian Group has been growing earnings at an average annual rate of 24%, while the IT industry saw earnings growing at 2.5% annually. Revenues have been declining at an average rate of 3.4% per year.

Key information

24.0%

Earnings growth rate

24.1%

EPS growth rate

IT Industry Growth7.5%
Revenue growth rate-3.4%
Return on equity-15.1%
Net Margin-9.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Does Ronglian Group (SZSE:002642) Have A Healthy Balance Sheet?

Dec 11
Does Ronglian Group (SZSE:002642) Have A Healthy Balance Sheet?

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?

Revenue & Expenses Breakdown

How Ronglian Group makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSE:002642 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,932-17418983
30 Jun 242,135-35725391
31 Mar 242,333-36027497
31 Dec 232,376-36328896
30 Sep 233,167-18031398
30 Jun 233,4029267109
31 Mar 233,5451128392
01 Jan 233,7391230398
30 Sep 223,8785729897
30 Jun 223,8025730475
31 Mar 223,6305730380
01 Jan 223,5835630580
30 Sep 213,242-1,08735680
30 Jun 213,157-1,08238789
31 Mar 213,006-1,082395112
31 Dec 202,813-1,083392114
30 Sep 203,11732313137
30 Jun 203,03325321121
31 Mar 202,96326315112
31 Dec 193,25736328134
30 Sep 192,836-1,344717169
30 Jun 192,771-1,345694190
31 Mar 192,887-1,369721203
31 Dec 182,734-1,458729200
30 Sep 182,563-201383130
30 Jun 182,560-177295206
31 Mar 182,126-185312170
31 Dec 171,889-202328127
30 Sep 171,689186306109
30 Jun 171,5031914080
31 Mar 171,6062383880
31 Dec 161,5962403780
30 Sep 161,5141923580
30 Jun 161,5461763600
31 Mar 161,5892073560
31 Dec 151,5462093520
30 Sep 151,5131673600
30 Jun 151,5461773450
31 Mar 151,4571603260
31 Dec 141,4981663150
30 Sep 141,3981202920
30 Jun 141,2841182620
31 Mar 141,2481142120
31 Dec 131,1741151760

Quality Earnings: 002642 is currently unprofitable.

Growing Profit Margin: 002642 is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 002642 is unprofitable, but has reduced losses over the past 5 years at a rate of 24% per year.

Accelerating Growth: Unable to compare 002642's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 002642 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-8.1%).

Return on Equity

High ROE: 002642 has a negative Return on Equity (-15.1%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 16:30
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Yan ZhouChina Merchants Securities Co. Ltd.
Jian FuEverbright Securities Co. Ltd.
QingHui YueFounder Securities Co., Ltd.