Ronshine Service Holding Co., Ltd

    Ronshine Service Holding Co., Ltd

    HHKEX:2207
    0.60
    HKD
    0.00
    (0.00%)

    Share Statistics

    As of December 31, 2023, Ronshine Service Holding Co., Ltd has 508.10M shares outstanding.

    Shares Outstanding508.10M

    Financial Position

    As of December 31, 2023, Ronshine Service Holding Co., Ltd maintains a current ratio of 2.13, meaning it holds 2.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 0.66, indicating moderate leverage, while an interest coverage ratio of 673.73 demonstrates strong ability to service its debt obligations.

    Current Ratio2.13
    Quick Ratio1.29
    Debt / Equity0.66
    Debt / EBITDA0.05
    Interest Coverage673.73

    Financial Efficiency

    Over the twelve months ended December 31, 2023, Ronshine Service Holding Co., Ltd posted a return on equity (ROE) of 4.76, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 8.73 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 0.85, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 4.70, useful for judging operating efficiency across full business cycles. Inventory turnover of 420.78 indicates how many times Ronshine Service Holding Co., Ltd sells and replaces its inventory over a year, a key working capital efficiency ratio.

    Return on Equity (ROE)4.76
    Return on Assets (ROA)0.85
    Return on Invested Capital (ROIC)8.73
    Return on Capital Employed (ROCE)4.70
    Inventory Turnover420.78

    Taxes

    These figures cover the twelve months ended December 31, 2023. That works out to an effective tax rate of 36.33, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate36.33

    Stock Price Statistics

    HKD

    As of the close on March 18, 2025, Ronshine Service Holding Co., Ltd's stock has gained approximately 23.71% over the past 52 weeks. The 50-day moving average sits at 0.58, while the 200-day moving average is 0.63.

    52-Week Price Change23.71%
    50-Day Moving Average0.58
    200-Day Moving Average0.63

    Margins

    Over the twelve months ended December 31, 2023, Ronshine Service Holding Co., Ltd posted a gross margin of 19.13, reflecting its pricing power and cost economics. The operating margin of 10.77 and net profit margin of 1.18 provide insight into operational efficiency.

    Gross Margin19.13
    Operating Margin10.77
    Pretax Margin1.86
    Profit Margin1.18
    EBITDA Margin10.77

    Scores

    As of December 31, 2023, Ronshine Service Holding Co., Ltd has an Altman Z-Score of 1.80, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score1.80