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Ronglian Group SZSE:002642 Stock Report

Last Price

CN¥5.91

Market Cap

CN¥4.2b

7D

0.2%

1Y

-14.3%

Updated

27 Aug, 2024

Data

Company Financials

002642 Stock Overview

Provides IT solutions in China and internationally.

002642 fundamental analysis
Snowflake Score
Valuation4/6
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¥5.91
52 Week HighCN¥13.10
52 Week LowCN¥4.26
Beta0.092
11 Month Change10.67%
3 Month Change4.79%
1 Year Change-14.35%
33 Year Change23.13%
5 Year Change9.85%
Change since IPO-8.20%

Recent News & Updates

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

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
7D0.2%-2.7%-2.2%
1Y-14.3%-26.5%-18.0%

Return vs Industry: 002642 exceeded the CN IT industry which returned -26.5% over the past year.

Return vs Market: 002642 exceeded the CN Market which returned -18% over the past year.

Price Volatility

Is 002642's price volatile compared to industry and market?
002642 volatility
002642 Average Weekly Movement6.2%
IT Industry Average Movement6.3%
Market Average Movement5.6%
10% most volatile stocks in CN Market8.9%
10% least volatile stocks in CN Market3.7%

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

Volatility Over Time: 002642's weekly volatility (6%) 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¥4.19b
Earnings (TTM)-CN¥356.94m
Revenue (TTM)CN¥2.13b

1.8x

P/S Ratio

-11.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002642 income statement (TTM)
RevenueCN¥2.13b
Cost of RevenueCN¥2.01b
Gross ProfitCN¥129.61m
Other ExpensesCN¥486.55m
Earnings-CN¥356.94m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.54
Gross Margin6.07%
Net Profit Margin-16.72%
Debt/Equity Ratio21.3%

How did 002642 perform over the long term?

See historical performance and comparison