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Rongsheng Petrochemical SZSE:002493 Stock Report

Last Price

CN¥11.18

Market Cap

CN¥108.2b

7D

1.8%

1Y

-19.3%

Updated

18 Apr, 2024

Data

Company Financials +

Rongsheng Petrochemical Co., Ltd.

SZSE:002493 Stock Report

Market Cap: CN¥108.2b

2493 Stock Overview

Rongsheng Petrochemical Co., Ltd. engages in the research, development, production, and sale of chemical, oil, and polyester products.

2493 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health0/6
Dividends2/6

Rongsheng Petrochemical Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rongsheng Petrochemical
Historical stock prices
Current Share PriceCN¥11.18
52 Week HighCN¥14.13
52 Week LowCN¥8.98
Beta1.02
1 Month Change2.66%
3 Month Change18.31%
1 Year Change-19.28%
3 Year Change-38.84%
5 Year Change31.63%
Change since IPO138.62%

Recent News & Updates

Lacklustre Performance Is Driving Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Low P/S

Mar 25
Lacklustre Performance Is Driving Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Low P/S

Rongsheng Petrochemical (SZSE:002493) Has Debt But No Earnings; Should You Worry?

Feb 27
Rongsheng Petrochemical (SZSE:002493) Has Debt But No Earnings; Should You Worry?

Recent updates

Lacklustre Performance Is Driving Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Low P/S

Mar 25
Lacklustre Performance Is Driving Rongsheng Petrochemical Co., Ltd.'s (SZSE:002493) Low P/S

Rongsheng Petrochemical (SZSE:002493) Has Debt But No Earnings; Should You Worry?

Feb 27
Rongsheng Petrochemical (SZSE:002493) Has Debt But No Earnings; Should You Worry?

Shareholder Returns

2493CN ChemicalsCN Market
7D1.8%-2.8%-0.2%
1Y-19.3%-25.0%-17.8%

Return vs Industry: 002493 exceeded the CN Chemicals industry which returned -25% over the past year.

Return vs Market: 002493 underperformed the CN Market which returned -17.8% over the past year.

Price Volatility

Is 2493's price volatile compared to industry and market?
2493 volatility
2493 Average Weekly Movement3.6%
Chemicals Industry Average Movement8.9%
Market Average Movement8.9%
10% most volatile stocks in CN Market12.7%
10% least volatile stocks in CN Market5.4%

Stable Share Price: 002493 has not had significant price volatility in the past 3 months.

Volatility Over Time: 002493's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199519,434Jiong Jiong Xiangwww.cnrspc.com

Rongsheng Petrochemical Co., Ltd. engages in the research, development, production, and sale of chemical, oil, and polyester products. It offers gasoline, diesel fuel, kerosene, paraxylene, ethylene glycol, styrene 156, m-xylene, polyethylene, polypropylene, EVA, polycarbonate, ABS, PTA, PIA, filament, bottle flakes, and film. The company also offers olefins and their downstream, aromatics and their downstream, oil products, etc., which are widely used in covering new energy, new materials, organic chemicals, synthetic fibers, synthetic resins, Synthetic rubber, oil products, and other fields.

Rongsheng Petrochemical Co., Ltd. Fundamentals Summary

How do Rongsheng Petrochemical's earnings and revenue compare to its market cap?
2493 fundamental statistics
Market capCN¥108.21b
Earnings (TTM)-CN¥2.00b
Revenue (TTM)CN¥303.02b

0.4x

P/S Ratio

-54.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2493 income statement (TTM)
RevenueCN¥303.02b
Cost of RevenueCN¥275.67b
Gross ProfitCN¥27.35b
Other ExpensesCN¥29.36b
Earnings-CN¥2.00b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 26, 2024

Earnings per share (EPS)-0.21
Gross Margin9.03%
Net Profit Margin-0.66%
Debt/Equity Ratio226.1%

How did 2493 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

-79%

Payout Ratio
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