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Rongsheng Petrochemical Co., Ltd is currently in a long term downtrend where the price is trading 6.9% below its 200 day moving average.
From a valuation standpoint, the stock is 55.2% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.8.
Rongsheng Petrochemical Co., Ltd's total revenue rose by 35.5% to $27B since the same quarter in the previous year.
Its net income has increased by 205.7% to $2B since the same quarter in the previous year.
Finally, its free cash flow fell by 33.5% to $-9B since the same quarter in the previous year.
Based on the above factors, Rongsheng Petrochemical Co., Ltd gets an overall score of 3/5.
| ISIN | CNE100000W60 |
|---|---|
| Sector | Basic Materials |
| Exchange | SHE |
| CurrencyCode | CNY |
| Industry | Chemicals |
| Market Cap | 82B |
|---|---|
| Target Price | 9.55 |
| Dividend Yield | 1.2% |
| Beta | 1.26 |
| PE Ratio | 40.65 |
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. The company was founded in 1995 and is based in Hangzhou, China. Rongsheng Petrochemical Co., Ltd. is a subsidiary of Zhejiang Rongsheng Holding Group Co., Ltd.
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