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Rongan Property Co (SZSE:000517) Revenue : ¥24,841 Mil (TTM As of Mar. 2024)


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What is Rongan Property Co Revenue?

Rongan Property Co's revenue for the three months ended in Mar. 2024 was ¥7,692 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was ¥24,841 Mil. Rongan Property Co's Revenue per Share for the three months ended in Mar. 2024 was ¥2.42. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was ¥7.81.

Warning Sign:

Rongan Property Co Ltd revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Rongan Property Co was 3.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 28.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 37.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was 23.30% 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, Rongan Property Co's highest 3-Year average Revenue per Share Growth Rate was 288.10% per year. The lowest was -71.70% per year. And the median was 28.60% per year.


Rongan Property Co Revenue Historical Data

The historical data trend for Rongan Property 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.

* Premium members only.

Rongan Property Co Revenue Chart

Rongan Property 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 6,662.58 11,177.72 18,181.36 14,157.16 22,333.39

Rongan Property 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 5,185.04 5,347.45 2,990.13 8,810.78 7,692.30

Competitive Comparison of Rongan Property Co's Revenue

For the Real Estate Services subindustry, Rongan Property 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.


Rongan Property Co's Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Rongan Property Co's Revenue distribution charts can be found below:

* The bar in red indicates where Rongan Property Co's Revenue falls into.



Rongan Property 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 ¥24,841 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.


Rongan Property Co  (SZSE:000517) 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.


Rongan Property Co Revenue Related Terms

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Rongan Property Co (SZSE:000517) Business Description

Traded in Other Exchanges
N/A
Address
No. 513, Lingqiao Road, 15th Floor, Haishu District, Zhejiang, Ningbo, CHN, 315010
Rongan Property Co Ltd is a China-based company engages in the development, operation, and distribution of real estate. Its business activities include the sale of real estate properties, property management, and house leasing services. It is also engaged in the construction of commercial properties such as parking lots. It also offers multi-story apartments, small and high-rise apartments and business buildings.

Rongan Property Co (SZSE:000517) Headlines

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