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Zhejiang Rongtai Electric Material Co (SHSE:603119) Revenue : ¥1,027 Mil (TTM As of Sep. 2024)


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What is Zhejiang Rongtai Electric Material Co Revenue?

Zhejiang Rongtai Electric Material Co's revenue for the three months ended in Sep. 2024 was ¥311 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was ¥1,027 Mil. Zhejiang Rongtai Electric Material Co's Revenue per Share for the three months ended in Sep. 2024 was ¥0.85. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was ¥2.93.

Warning Sign:

Zhejiang Rongtai Electric Material Co Ltd revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of Zhejiang Rongtai Electric Material Co was 12.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was -9.40% 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 5 years, Zhejiang Rongtai Electric Material Co's highest 3-Year average Revenue per Share Growth Rate was -5.90% per year. The lowest was -9.40% per year. And the median was -7.65% per year.


Zhejiang Rongtai Electric Material Co Revenue Historical Data

The historical data trend for Zhejiang Rongtai Electric Material 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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Zhejiang Rongtai Electric Material Co Revenue Chart

Zhejiang Rongtai Electric Material Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
304.16 364.98 521.62 667.48 800.26

Zhejiang Rongtai Electric Material Co Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 233.69 217.64 215.40 282.60 310.95

Competitive Comparison of Zhejiang Rongtai Electric Material Co's Revenue

For the Electronic Components subindustry, Zhejiang Rongtai Electric Material 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.


Zhejiang Rongtai Electric Material Co's Revenue Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Rongtai Electric Material Co's Revenue distribution charts can be found below:

* The bar in red indicates where Zhejiang Rongtai Electric Material Co's Revenue falls into.


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Zhejiang Rongtai Electric Material 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥1,027 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.


Zhejiang Rongtai Electric Material Co  (SHSE:603119) 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.


Zhejiang Rongtai Electric Material Co Revenue Related Terms

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Zhejiang Rongtai Electric Material Co Business Description

Traded in Other Exchanges
N/A
Address
No. 308, Zhongxing Road, Fengqiao Town, Nanhu, Zhejiang, Jiaxing, CHN, 314007
Zhejiang Rongtai Electric Material Co Ltd is a high-tech enterprise specializing in the research, development, production, and sales of new composite materials of high temperature resistant insulating mica with multiple plants in Zhejiang and Hunan, and is one of the global market leaders in mica products. Its main products include mica rigid materials, flexible materials, heat generating components, thermal management mica safety components and various mica derivative products. its mica products are widely used in new energy vehicles, rail transportation, aerospace and military ships, special wires and cables, intelligent household appliances and other related industrial fields, and provide customers with professional one-stop system solutions for electrical and thermal insulation.
Executives
Zheng Min Min Director
Ge Tai Rong Director
Cao Mei Sheng Director
Jing Fei Director

Zhejiang Rongtai Electric Material Co Headlines

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