Zhejiang Rongtai Electric Material Co.,Ltd.

603119 · SHG · Technology / Electronic Components

60.22CNY-2.28 (-3.65%)

Price History

Full chart

Market Stats

Previous Close62.50

Open62.51

Day Range59.90 – 63.90

52-Week Range41.87 – 95.47

Volume16.95M

Market Cap24.87B

P/E (TTM)80.92

Forward P/E0.00

EPS0.65

Dividend Yield0.44%

Beta0.99

50-Day Avg51.61

200-Day Avg65.61

About

Zhejiang Rongtai Electric Material Co.,Ltd., together with its subsidiaries, engages in the research, development, production, and sale of composite materials made of high temperature resistant insulating mica in China and internationally. The company offers mica tapes, plates, tubes, heating elements, laminates and washers, insulators, rolls, and papers, as well as epoxy glass laminates and mica for thermal-protection products; one-stop system solutions for electrical and thermal insulation; and after-sales support services. Its products are used in new energy vehicles, rail transportation, aerospace and military ships, special wires and cables, intelligent household appliances, and other related industrial fields. The company also engages in scientific research and technical services activities. It exports its products. Zhejiang Rongtai Electric Material Co.,Ltd. was founded in 1998 and is based in Jiaxing, China.

Company Details

SectorTechnology
IndustryElectronic Components
CEOMs. Meisheng Cao
Employees2.04K
HeadquartersNo.308, Zhongxing Road, Jiaxing, China, 314007, China
Websitehttps://www.glorymica.com

Leadership

Ms. Meisheng CaoChairman of the Board & CTO · b. 1962
Mr. Minmin ZhengGM & Director · b. 1981
Mr. Tao ChenCFO & Secretary of the Board · b. 1979
Xuehui LuAccounting Supervisor

Financials

Income Statement

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	667.48M	800.26M	1.13B	1.38B
Growth (%)	-	+19.89%	+41.80%	+21.24%
Cost of Revenue	430.09M	503.59M	742.75M	896.20M
Gross Profit	237.38M	296.66M	392.02M	479.55M
Gross Margin	35.56%	37.07%	34.55%	34.86%
Operating Expense	74.01M	102.93M	129.81M	158.77M
Operating Income	163.37M	193.73M	262.20M	320.78M
Operating Margin	24.48%	24.21%	23.11%	23.32%
EBITDA	190.22M	238.43M	306.49M	389.95M
EBITDA Margin	28.50%	29.79%	27.01%	28.34%
Net Income	133.77M	171.80M	230.25M	278.38M
Net Income Margin	20.04%	21.47%	20.29%	20.23%
R&D	33.67M	45.11M	61.31M	65.47M
R&D as % of Total Revenue	5.04%	5.64%	5.40%	4.76%
Interest Expense	9.44M	4.63M	1.23M	8.40M
Interest Expense % of Total Revenue	1.41%	0.58%	0.11%	0.61%

Balance Sheet

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.00B	1.95B	2.21B	3.25B
Total Liabilities	469.58M	293.43M	382.11M	1.12B
Total Equity	532.38M	1.66B	1.83B	2.04B
Cash	67.17M	1.02B	583.83M	474.10M
Net Debt	86.13M	-	-	60.39M

Cash Flow

Currency: CNY	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	86.76M	221.13M	209.56M	279.10M
Capital Expenditure	103.25M	54.24M	103.68M	237.89M
Free Cash Flow	-16.49M	166.89M	105.88M	41.21M
Dividends Paid	7.54M	19.13M	39.36M	76.51M
FCF to OCF	-19.00%	75.47%	50.52%	14.77%
Dividend Paid to FCF	-45.71%	11.46%	37.18%	185.67%

Earnings

Report Date	Aug 10, 2026
EPS Estimate	0.22
EPS Actual	0.12
Surprise	-45.45%
Timing	Pre-market

Key Statistics & Ratios

Market Cap24.87B

Enterprise Value26.59B

Trailing P/E80.92

Forward P/E0.00

Price / Sales14.62

Price / Book12.76

EPS0.65

Book Value4.45

Revenue (TTM)1.70B

Gross Profit (TTM)580.94M

EBITDA395.09M

Profit Margin17.93%

Operating Margin16.83%

Return on Equity15.08%

Return on Assets6.70%

Shares Outstanding472.86M

Shares Float248.64M

Beta0.99

Dividend Yield0.44%

Dividend Rate0.23

Payout Ratio1.92%

Dividends

20261×

0.23May 15, 2026

20251×

0.15Jun 17, 2025

20241×

0.08Jun 18, 2024

20231×

0.03Sep 27, 2023

Stock Splits

May 15, 20261.3:1
Jun 18, 20241.3:1