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Ronglian Group SZSE:002642 Stock Report

Last Price

CN¥5.52

Market Cap

CN¥3.8b

7D

-2.8%

1Y

-25.4%

Updated

03 Jun, 2024

Data

Company Financials

2642 Stock Overview

Provides IT solutions in China and internationally.

2642 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 2642 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¥5.52
52 Week HighCN¥13.10
52 Week LowCN¥4.26
Beta0.15
1 Month Change-11.40%
3 Month Change-13.75%
1 Year Change-25.41%
3 Year Change15.48%
5 Year Change34.63%
Change since IPO-14.26%

Recent News & Updates

Recent updates

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

2642CN ITCN Market
7D-2.8%0.3%-0.4%
1Y-25.4%-26.8%-12.6%

Return vs Industry: 002642 exceeded the CN IT industry which returned -26.8% over the past year.

Return vs Market: 002642 underperformed the CN Market which returned -12.6% over the past year.

Price Volatility

Is 2642's price volatile compared to industry and market?
2642 volatility
2642 Average Weekly Movement8.0%
IT Industry Average Movement7.6%
Market Average Movement6.6%
10% most volatile stocks in CN Market10.0%
10% least volatile stocks in CN Market4.1%

Stable Share Price: 002642's share price has been volatile over the past 3 months.

Volatility Over Time: 002642's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001661Donghui Wangwww.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?
2642 fundamental statistics
Market capCN¥3.83b
Earnings (TTM)-CN¥360.08m
Revenue (TTM)CN¥2.33b

1.6x

P/S Ratio

-10.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2642 income statement (TTM)
RevenueCN¥2.33b
Cost of RevenueCN¥2.18b
Gross ProfitCN¥155.18m
Other ExpensesCN¥515.26m
Earnings-CN¥360.08m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.54
Gross Margin6.65%
Net Profit Margin-15.43%
Debt/Equity Ratio22.6%

How did 2642 perform over the long term?

See historical performance and comparison
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