Ruitai Materials Technology Co., Ltd. Class A

Ruitai Materials Technology Co., Ltd. Class A

SSZSE:002066
16.33
CNY
-0.67
(-3.94%)
4.67BMarket Cap
Apr 15Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
8.07
9.05
7.99
7.6
9.42
16.39
16.89
18.25
19.65
20.86
20.04
18.84
16.69
- -
Basic EPS, GAAP
-0.59
0.03
-0.35
0.11
0.07
0.07
0.11
0.12
0.21
0.29
0.32
0.25
-0.25
- -
Free Cash Flow per Basic Share
-0.4
0.15
-0.29
0.26
0.47
0.35
0.26
1
0.82
1.09
0.43
1.14
0.19
- -
Dividend per Share
0.5
0.44
0.44
0.46
0.43
0.44
0.39
0.3
0.32
0.27
0.26
0.27
0.29
0.22
Book Value per Share
1.92
1.95
1.6
1.71
1.77
1.84
1.95
2.08
2.33
2.62
2.95
3.1
2.67
2.65
Tangible Book Value per Share
1.1
1.03
0.57
0.67
0.6
0.65
0.77
0.9
1.17
1.5
1.83
1.91
1.53
1.52
Basic Weighted Avg Shares
231
231
231
231
231
231
231
231
231
231
231
231
232
233
Sales/Revenue/Turnover
1,864
2,090
1,845
1,755
2,177
3,786
3,900
4,216
4,538
4,819
4,629
4,352
3,872
- -
Operating Margin (%)
2.54
7.72
4
5.42
5.65
4.82
5.3
4.97
5.17
5.39
5.13
4.33
1.58
- -
Depreciation Expense
68
71
83
77
85
71
77
86
87
89
91
98
101
- -
Net Income, GAAP
-135
7
-80
25
15
17
26
28
48
66
73
57
-58
- -
Effective Tax Rate (%)
- -
27.11
- -
29.97
23.25
23.63
7.23
14.79
14.82
9.43
11.13
12.72
- -
- -
Profit Margin (%)
-7.26
0.32
-4.33
1.44
0.7
0.46
0.66
0.66
1.05
1.37
1.57
1.31
-1.49
- -
Working Capital
13
18
35
-33
6
-191
-150
-131
38
364
630
702
283
339
LT Debt
150
150
210
44
44
40
64
6
84
382
494
572
280
333
Total Equity
929
947
861
865
924
971
1,026
1,093
1,179
1,188
1,450
1,495
1,377
1,362
Return on Invested Capital (%)
- -
1.31
- -
-0.14
1.36
2.91
3.87
4.67
5.59
6.68
6.37
4.54
- -
- -
Return on Capital (%)
- -
1.76
- -
3.7
2.57
1.43
1.85
0.56
0.91
1.04
1.33
1.26
- -
- -
Return on Common Equity (%)
-26.07
1.5
-19.51
6.6
3.78
4.14
5.84
5.95
9.39
11.6
11.32
8.15
-8.59
- -

Capital Structure

CNY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
1,113
1,151
LT Borrowings
- -
277
330
LT Finance Leases
- -
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
235
235
235
Market Capitalization
3,460
4,388
4,675

Working Capital

CNY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
3,518
3,557
Cash, Cash Equivalents & STI
- -
474
345
Accounts Receivable, Net
- -
1,051
1,180
Inventories
- -
1,096
1,159
Total Current Liabilities
- -
3,235
3,218
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,113
1,151
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.04%
5.18%
-7.91%
Free Cash Flow
16.05%
7.03%
-83.17%
Net Income, GAAP
-20.32%
-20.44%
-201.31%
Sales/Revenue/Turnover
9.71%
-1.43%
-11.02%
Total Cash Common Dividend
-3.46%
0.31%
8.49%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,136
1,106
1,105
1,004
4,352
2025
980
983
- -
1,029
3,872
2026
826
- -
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.07
0.02
0.07
0.25
2025
0.07
0.03
- -
-0.26
-0.25
2026
-0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.15
0.05
0.03
0.27
2025
0.05
0.17
- -
0.01
0.29
2026
0.04
- -
- -
- -
- -

Company Description

CEO
Hua Wang
Full Time Employees
2,534
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Building 27 Beijing BE China 100024
IPO Date
Aug 23, 2006
Business
Ruitai Materials Technology Co., Ltd. (002066.SZ) engages in the research, development, production, sales, and service of refractory materials primarily for high-temperature kilns in China. The company offers fused cast refractories including alumina-zirconia-silica (AZS) series and alumina series; basic refractories such as magnesia-hercynite bricks, magnesia spinel bricks, magnesia-alumina-zirconia bricks, magnesia carbon bricks, and alumina magnesia carbon bricks; alumina-silica refractories encompassing fireclay and insulation bricks; silica refractories; unshaped refractories like phosphate bonded castables, alkali resistant castables, self-flowing castables, gunning castables, and steel fiber alumina castables; wear-resistant and heat-resistant materials including corundum-mullite based abrasion resistant castables and andalusite containing abrasion resistant materials; as well as specialized products for glass kilns, cement kilns, steelmaking applications such as ceramic cups, sialon bonded corundum bricks, stemming, aluminum silicon carbide, dams/weirs, impact plates, and magnesia coating mixes. It serves industries including glass, cement, steel and iron, nonferrous metals, electricity, petrochemical, coal chemical, and hazardous waste treatment, with products distributed domestically and exported internationally. Founded in 2001 and headquartered in Beijing, China, at Building 27, Courtyard 1, Wuliqiao 1st Street, Chaoyang District, the company operates as a listed subsidiary under China National Building Materials Group Co., Ltd. (CNBM), with China General Institute of Building Materials Research Co., Ltd. as its controlling shareholder, and maintains production facilities across multiple provinces including subsidiaries like Yixing Refractory Co., Ltd. and Henan Ruitai Refractory Materials Technology Co., Ltd. Recent developments include the approval of a 2024 restricted stock incentive plan for up to 4.62 million shares to enhance long-term incentives, receipt of government grants by subsidiary Yixing Refractory in April 2025, and sustained R&D investments supporting product innovation amid stable operational performance as reflected in first-quarter 2025 results and ongoing shareholder resolutions.