Chinese holding company classified under data-processing services; specific businesses not confirmed.
Chinese holding company classified under data-processing services; specific businesses not confirmed.
Moat: none
Headquarters: China · Employees: 328
Size Rendong (002647.SZ) is a China Information Technology company (Data Processing Services) with a market value of $1.20B, the 1965th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.05 on 6 Nov 2026.
Performance Over six months the shares fell 43.2%, against -29.1% for the median peer and -16.4% for the China market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 5.5% over the last twelve months (peer median +20.7%); the operating margin is 6.3% (peer median -0.5%).
Valuation It trades at 19.1× forward earnings against a peer median of 23.6× (6th cheapest of 11).
Price implies For today's price to make sense, revenue must grow about 42% a year for seven years (Req g). Recent delivered growth is -17%, so the hurdle is +59 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Next results Next results expected around 26 Apr 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥869M | CN¥822M | CN¥1.15B | CN¥1.80B | CN¥1.65B |
| Revenue growth | — | -29% | -36% | +9% | — |
| Gross profit | CN¥262M | CN¥254M | CN¥249M | CN¥266M | CN¥255M |
| EBITDA | n/a | CN¥57.8M | CN¥118M | CN¥248M | CN¥239M |
| Net income | CN¥51.6M | CN¥360M | -CN¥833M | -CN¥215M | -CN¥141M |
| Free cash flow | CN¥42.7M | CN¥57.2M | CN¥10.9M | CN¥24.3M | CN¥42.8M |
| Capital expenditure | CN¥5.38M | CN¥3.00M | CN¥41.1M | CN¥138M | CN¥170M |
| Total debt | CN¥58.8M | CN¥70.8M | CN¥884M | CN¥1.05B | CN¥1.15B |
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| Measure | 002647.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -39.1% | -14.5% | 5th lowest of 21 |
| 6-month return | -43.2% | -29.1% | 9th lowest of 21 |
| Distance from 52-week high | -49.6% | -57.7% | 10th highest of 21 |
| Revenue growth (TTM) | +5.5% | +20.7% | 9th lowest of 21 |
| Operating margin | 6.3% | -0.5% | 10th highest of 21 |
| Forward P/E | 19.1× | 23.6× | 6th cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | 42.3% | 12.8% | 2nd most demanding of 11 |
| Growth delivered (Del g) | -17.2% | +23.2% | lowest of 11 |
| Hurdle (Req g minus delivered) | +59.5 pp | -11.5 pp | most demanding of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Rendong 002647.SZ | China | $1.20B | -43% | +6% | 6% | 19.1× | 42.3% | -17.2% |
| ASrock Rack 7711.TW | Taiwan | $1.23B | +35% | +183% | 10% | 15.3× | 7.5% | +42.1% |
| Keel Infrastructure KEEL | United States | $1.15B | -53% | -23% | -121% | n/a | n/a | n/a |
| Innodata INOD | United States | $1.27B | -56% | +39% | 17% | 37.3× | 15.9% | +34.0% |
| Capitalonline Data Service 300846.SZ | China | $1.28B | -37% | 0% | -7% | n/a | n/a | n/a |
| Liberty Capital GLIBA | United States | $1.06B | -2% | +13% | 13% | 8.0× | 0.8% | +113.1% |
| VNET Group, Inc. Sponsored ADR VNET | United States | $1.00B | -64% | +23% | 7% | 89.6× | n/a | n/a |
| HawkEye 360 HAWK | United States | $1.45B | -55% | +88% | -8% | n/a | n/a | n/a |
| BLS International Services BLS.NS | India | $973M | -23% | +29% | 23% | 10.7× | 9.7% | +44.4% |
| Suncorporation 6736.T | Japan | $1.49B | +22% | -11% | 1% | n/a | n/a | n/a |
| JMDC 4483.T | Japan | $1.52B | +10% | +19% | 20% | 31.9× | 19.7% | +24.6% |
| Beijing Topnew Info & Tech 300895.SZ | China | $938M | -27% | +1% | -25% | n/a | 54.6% | -3.4% |
| ChronoScale CHRN | United States | $1.57B | -31% | +190% | -68% | n/a | n/a | n/a |
| Bitdeer Technologies BTDR | United States | $1.63B | -55% | +128% | -30% | n/a | n/a | n/a |
| Ucap Cloud Information Technology 688228.SS | China | $786M | -26% | -39% | -14% | n/a | 39.9% | +6.8% |
| SharonAI SHAZ | United States | $781M | -59% | +257% | -894% | n/a | n/a | n/a |
| Shenzhen Xunce Technology 3317.HK | Hong Kong | $1.93B | -79% | +287% | -3% | 200.1× | n/a | n/a |
| Yext YEXT | United States | $749M | +88% | -1% | 10% | 10.0× | 9.6% | +4.7% |
| Pason Systems PSI.TO | Canada | $742M | -10% | -2% | 18% | 12.4× | 1.5% | +21.8% |
| SAKURA Internet 3778.T | Japan | $688M | -13% | +26% | 8% | 35.7× | n/a | n/a |
| Rackspace Technology RXT | United States | $645M | -54% | 0% | -2% | n/a | 35.0% | -0.2% |