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Rongsheng Petrochemical SZSE:002493 Stock Report

Last Price

CN¥9.62

Market Cap

CN¥92.1b

7D

0.1%

1Y

-15.7%

Updated

20 Jun, 2024

Data

Company Financials +

Rongsheng Petrochemical Co., Ltd.

SZSE:002493 Stock Report

Market Cap: CN¥92.1b

2493 Stock Overview

Engages in the research, development, production, and sale of chemical, oil, and polyester products.

2493 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance2/6
Financial Health1/6
Dividends4/6

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¥9.62
52 Week HighCN¥13.05
52 Week LowCN¥8.98
Beta0.99
11 Month Change-10.01%
3 Month Change-11.09%
1 Year Change-15.69%
33 Year Change-41.31%
5 Year Change18.77%
Change since IPO105.33%

Recent News & Updates

Why Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Could Be Worth Watching

Jun 13
Why Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Could Be Worth Watching

Here's Why Rongsheng Petrochemical (SZSE:002493) Is Weighed Down By Its Debt Load

May 28
Here's Why Rongsheng Petrochemical (SZSE:002493) Is Weighed Down By Its Debt Load

Rongsheng Petrochemical Co., Ltd. Beat Revenue Forecasts By 5.2%: Here's What Analysts Are Forecasting Next

Apr 28
Rongsheng Petrochemical Co., Ltd. Beat Revenue Forecasts By 5.2%: Here's What Analysts Are Forecasting Next

Recent updates

Why Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Could Be Worth Watching

Jun 13
Why Rongsheng Petrochemical Co., Ltd. (SZSE:002493) Could Be Worth Watching

Here's Why Rongsheng Petrochemical (SZSE:002493) Is Weighed Down By Its Debt Load

May 28
Here's Why Rongsheng Petrochemical (SZSE:002493) Is Weighed Down By Its Debt Load

Rongsheng Petrochemical Co., Ltd. Beat Revenue Forecasts By 5.2%: Here's What Analysts Are Forecasting Next

Apr 28
Rongsheng Petrochemical Co., Ltd. Beat Revenue Forecasts By 5.2%: Here's What Analysts Are Forecasting Next

Returns On Capital At Rongsheng Petrochemical (SZSE:002493) Have Hit The Brakes

Apr 27
Returns On Capital At Rongsheng Petrochemical (SZSE:002493) Have Hit The Brakes

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
7D0.1%-2.0%-0.7%
1Y-15.7%-18.0%-14.6%

Return vs Industry: 002493 exceeded the CN Chemicals industry which returned -18% over the past year.

Return vs Market: 002493 underperformed the CN Market which returned -14.6% over the past year.

Price Volatility

Is 2493's price volatile compared to industry and market?
2493 volatility
2493 Average Weekly Movement3.1%
Chemicals Industry Average Movement7.0%
Market Average Movement6.7%
10% most volatile stocks in CN Market10.1%
10% least volatile stocks in CN Market4.1%

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

Volatility Over Time: 002493's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199519,191Jiong 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¥92.09b
Earnings (TTM)CN¥3.18b
Revenue (TTM)CN¥336.48b

29.0x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2493 income statement (TTM)
RevenueCN¥336.48b
Cost of RevenueCN¥290.88b
Gross ProfitCN¥45.59b
Other ExpensesCN¥42.42b
EarningsCN¥3.18b

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.33
Gross Margin13.55%
Net Profit Margin0.94%
Debt/Equity Ratio220.3%

How did 2493 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

30%

Payout Ratio
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