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Guangdong Rongtai Industry Co (SHSE:600589) Revenue : ¥375.0 Mil (TTM As of Mar. 2024)


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What is Guangdong Rongtai Industry Co Revenue?

Guangdong Rongtai Industry Co's revenue for the three months ended in Mar. 2024 was ¥98.4 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥375.0 Mil. Guangdong Rongtai Industry Co's Revenue per Share for the three months ended in Mar. 2024 was ¥0.07. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.40.

Warning Sign:

Guangdong Rongtai Industry Co Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Guangdong Rongtai Industry Co was 36.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was -44.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was -39.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was -16.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Guangdong Rongtai Industry Co's highest 3-Year average Revenue per Share Growth Rate was 49.90% per year. The lowest was -48.30% per year. And the median was 0.70% per year.


Guangdong Rongtai Industry Co Revenue Historical Data

The historical data trend for Guangdong Rongtai Industry Co's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Guangdong Rongtai Industry Co Revenue Chart

Guangdong Rongtai Industry Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,427.74 1,068.75 779.98 421.07 366.83

Guangdong Rongtai Industry Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.21 94.46 93.54 88.61 98.37

Competitive Comparison of Guangdong Rongtai Industry Co's Revenue

For the Chemicals subindustry, Guangdong Rongtai Industry Co's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Guangdong Rongtai Industry Co's Revenue Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Guangdong Rongtai Industry Co's Revenue distribution charts can be found below:

* The bar in red indicates where Guangdong Rongtai Industry Co's Revenue falls into.



Guangdong Rongtai Industry Co Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥375.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Guangdong Rongtai Industry Co  (SHSE:600589) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Guangdong Rongtai Industry Co Revenue Related Terms

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Guangdong Rongtai Industry Co (SHSE:600589) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Xinxing East 2nd Road, Rongcheng District,Guangdong, Jieyang, CHN, 522000
Guangdong Rongtai Industry Co Ltd produces and sells new chemical materials and their products mostly and does research and development of high polymer composite. The company owns 3 plants (a chemical solvent plant, a chemical material plant, a melamine ware plant), a research institute, an engineering and technology research and development center (province grade), an enterprise technology center (province grade), and a postdoctoral programme.
Executives
Zhang Wei Directors, senior managers
Zhou Chun senior management
Xia Chun Yuan Directors, senior managers
Yang Bao Sheng Director

Guangdong Rongtai Industry Co (SHSE:600589) Headlines

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