603119 logo

Zhejiang Rongtai Electric Material
603119

Last Price

Financial Snapshot

gainify

Market Data

Market Cap
CN¥41.96B
EV
CN¥41.78B
Shares Outstanding
362.73M
Beta
1.06
Industry
-

Wall Street View

Analyst Rating
BUY
Analyst Target Price
Number of Analysts
2
P/E 2025E
134.50x
P/Revenue 2025E
28.94x

Historical 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Forecasted 3Y Growth Rate

Revenue
EPS
Operating Cash Flow
Free Cash Flow

Margins & Returns

Gross Margin 2025E
36.07%
Net Profit Margin 2025E
21.54%
ROE 2025E
15.40%
ROCE 2024
13.19%

Dividends

DPS 2025E
CN¥0.26
Payout Ratio 2025E
30.23%
Div. Yield 2025E
-
DPS Last 3Y CAGR

Price Dynamic

Price

%

1M

3M

6M

1Y

3Y

5Y

Peers

gainify

About Zhejiang Rongtai Electric Material Co.,Ltd.

gainify
603119 logo

Zhejiang Rongtai Electric Material Co.,Ltd.

603119

Zhejiang Rongtai Electric Material Co.,Ltd. engages in the research, development, production, and sale of various high temperature resistant insulating mica products in China and internationally. Its product portfolio includes mica tapes, plates, tubes, heating elemen...

Sector

Industry

CEO

Data Unavailable

Employees

1,557

IPO Date

Headquarters

No.308, Zhongxing Road, Xinhuang Industrial Zone, Fengqiao Town, Jiaxing, Zhejiang Province, 314007, China

📊 Stock Price & Performance

Review the recent 603119 stock performance trends:Past 3 Months: The stock has +43.67%. Last updated: January 1, 2026 at 12:00 AM Eastern Time

Zhejiang Rongtai Electric Material (603119) is considered a medium volatility stock. It has a beta of 1.06, which means it typically moves 1.06 times as much as the broader market. Last updated: January 1, 2026 at 12:00 AM Eastern Time

Based on current 603119 analyst forecasts and market assumptions, the consensus price target for Zhejiang Rongtai Electric Material (603119) is CN¥86.50 for 2027. Price targets reflect forward-looking estimates based on information available at the time and are inherently subject to change as underlying assumptions, company fundamentals, or market conditions evolve. Last updated:

💰 Financial Metrics & Reports

The current Zhejiang Rongtai Electric Material (603119) market capitalization is approximately CN¥41.96B, based on its latest share price and shares outstanding. Market capitalization represents the total market value of a company's equity and is calculated by multiplying the current stock price by the number of shares outstanding. As a result, Zhejiang Rongtai Electric Material's market cap fluctuates with changes in its share price and share count. Last updated: January 1, 2026 at 12:00 AM Eastern Time

In the most recently reported quarter, Zhejiang Rongtai Electric Material (603119) generated CN¥387.35M in revenue, representing a +24.57% year over year change. Quarterly revenue results and expectations reflect underlying demand trends, pricing dynamics, product or service mix, seasonality, and broader macroeconomic conditions. Actual results may differ from consensus estimates as new information becomes available. Last updated: January 1, 2026 at 3:20 AM Eastern Time

In the most recently reported fiscal year, Zhejiang Rongtai Electric Material (603119) generated net income of CN¥230.25M, compared with CN¥171.80M in the prior fiscal year, representing a +34.02% year over year change. For the upcoming fiscal year, analyst consensus currently estimates net income of CN¥312.33M. Net income may be positive or negative and can fluctuate materially from year to year due to changes in operating performance, non-recurring or one-time items, accounting treatments, capital structure, and broader macroeconomic conditions. Last updated: January 1, 2026 at 3:20 AM Eastern Time

According to its latest quarterly filing, Zhejiang Rongtai Electric Material (603119) reported EBITDA of CN¥129.63M, representing a +30.42% year over year change. EBITDA is a non-GAAP measure and does not account for depreciation, amortization, interest expense, taxes, or capital expenditures. As a result, it should be considered alongside other financial metrics when assessing operating performance. Actual results may differ from estimates as company-specific or macroeconomic conditions evolve. Last updated: January 1, 2026 at 3:20 AM Eastern Time

As of the most recent reporting period, the company's debt-to-equity ratio stands at 0.31x, calculated as total debt divided by total shareholders' equity. A lower debt-to-equity ratio generally indicates a more conservative capital structure with less reliance on external borrowing, while a higher ratio suggests greater financial leverage and potentially higher sensitivity to interest rates, refinancing conditions, and earnings volatility. The debt-to-equity ratio should be interpreted in the context of the company's industry, business model, cash flow stability, and balance sheet composition. Last updated: January 1, 2026 at 3:20 AM Eastern Time

📅 Earnings & Dividends

In the most recently reported quarter, Zhejiang Rongtai Electric Material (603119) revenue was CN¥387.35M. Earnings per share (EPS) for the quarter were CN¥0.22. Revenue and EPS surprises may be positive or negative and can influence near-term stock performance depending on expectations, forward guidance, and broader market and sector conditions. For a detailed history of analyst expectations versus reported results, view the full estimates vs. actuals track record here: 👉 Estimates vs. Actuals Last updated: January 1, 2026 at 3:20 AM Eastern Time

📈 Analyst Information

Analyst assessments of whether Zhejiang Rongtai Electric Material (603119) consensus price target is overvalued or undervalued are generally expressed relative to consensus valuation frameworks and price targets, rather than as an absolute judgment.Consensus price target: CN¥86.50Implied return: -47.90% An implied return above current levels indicates that, on average, analysts view the stock as trading below their estimated fair value. Conversely, an implied return below current levels suggests the stock may be fully valued or priced above consensus expectations. This content is for informational purposes only and does not constitute investment advice. Last updated:

Based on the latest available analyst coverage, Zhejiang Rongtai Electric Material (603119) currently carries a Buy consensus rating. Analyst views are forward-looking estimates and should not be considered investment advice. Last updated:

Like other publicly traded stocks, Zhejiang Rongtai Electric Material (603119) shares are bought and sold on stock exchanges such as SHSE and other supported markets, depending on the listing. The most common way to buy shares is through an online brokerage account. To get started, you typically need to: Open an account with a licensed stock brokerComplete the broker's verification processFund your accountPlace a buy order for Zhejiang Rongtai Electric Material (603119) shares Trading involves risk, and investors should consider their financial objectives and risk tolerance before investing.

ℹ️ Company Information

At the top right of this page, you'll see a star icon labeled Add to watchlist. Click it to add 603119 to your watchlist.

Zhejiang Rongtai Electric Material trades under the ticker symbol 603119 on the SHSE stock exchange. The ticker 603119 is used to identify the company's common stock across trading platforms, market data providers, and regulatory filings.

As of the most recently reported period, Zhejiang Rongtai Electric Material (603119) employs approximately 1,557 people worldwide. Reported employee figures may fluctuate over time due to hiring activity, restructuring, automation initiatives, or changes in business strategy. Headcount data is typically disclosed in company filings and reflects full-time employees unless otherwise stated. Last updated: January 1, 2026 at 12:00 AM Eastern Time

Zhejiang Rongtai Electric Material (603119) operates in a highly competitive market with companies that often have different business models, geographic exposure, and end markets. While no two companies are identical, the following firms are generally considered the closest Zhejiang Rongtai Electric Material (603119) stock peers based on overlapping products, services, and competitive dynamics:Suzhou West Deane New Power Electric (603312)Jiangsu Azure (002245)Contemporary Amperex Technology (300750) These peers may differ in size, business mix, financial profile, and strategic focus, but they are commonly referenced due to overlapping markets, customer segments, or competitive positioning relative to Zhejiang Rongtai Electric Material.

gainifypowered-by-sp
Socials
Send us an emailFollow us on XConnect with us on LinkedInFollow us on InstagramFollow us on ThreadsCheck us out on TrustpilotFollow us on YouTubeFind us on Google Maps

Market data is sourced from S&P Global Market Intelligence. All insights and analysis are developed by Gainify. Copyright © 2026, S&P Global Market Intelligence. All rights reserved.

View Data Providers

NEWSLETTER

Gainify provides tools and content designed to help users explore and understand the world of investing. All information available through our platform is for educational and informational use only. It is not intended as financial, investment or legal advice, and should not be treated as a recommendation or endorsement of any investment approach.
Our content is general in nature and does not account for your personal financial circumstances. Any investment decisions you make are your responsibility. We strongly recommend speaking with a licensed financial advisor or professional before acting on any information found on Gainify. Before using Gainify, please review our Terms of Service.

© 2026 Gainify. All rights reserved.