Rongsheng Petrochemical (China) Today
| 002493 Stock | 8.96 0.02 0.22% |
Performance0 of 100
| Odds Of DistressOver 60
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Rongsheng Petrochemical is trading at 8.96 as of the 18th of January 2025, a 0.22 percent increase since the beginning of the trading day. The stock's open price was 8.94. Rongsheng Petrochemical has more than 60 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 24th of January 2024 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain Materials | IPO Date 2nd of November 2010 | Category Basic Materials |
Rongsheng Petrochemical is entity of China. It is traded as Stock on SHE exchange. The company has 10.13 B outstanding shares. More on Rongsheng Petrochemical Co
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Rongsheng Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Rongsheng Petrochemical's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Rongsheng Petrochemical or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Synthetics (View all Themes) | ||||
| Business Concentration | Commodity Chemicals, Materials, Basic Materials, Synthetics, Materials, Chemicals, Materials, Basic Materials (View all Sectors) | ||||
Rongsheng Petrochemical's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Rongsheng Petrochemical's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsRongsheng Petrochemical can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Rongsheng Petrochemical's financial leverage. It provides some insight into what part of Rongsheng Petrochemical's total assets is financed by creditors.
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Rongsheng Petrochemical Co (002493) is traded on Shenzhen Stock Exchange in China and employs 19,191 people. Rongsheng Petrochemical is listed under Commodity Chemicals category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 90.52 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Rongsheng Petrochemical's market, we take the total number of its shares issued and multiply it by Rongsheng Petrochemical's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Rongsheng Petrochemical operates under Chemicals sector and is part of Materials industry. The entity has 10.13 B outstanding shares.
Rongsheng Petrochemical generates positive cash flow from operations, but has no cash available
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Ownership AllocationRongsheng Petrochemical owns a total of 10.13 Billion outstanding shares. Rongsheng Petrochemical holds majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 73.81 pct. of Rongsheng Petrochemical outstanding shares that are owned by insiders implies they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Rongsheng Petrochemical Risk Profiles
Although Rongsheng Petrochemical's alpha and beta are two of the key measurements used to evaluate Rongsheng Petrochemical's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.11 | |||
| Standard Deviation | 1.45 | |||
| Variance | 2.09 | |||
| Risk Adjusted Performance | 5.0E-4 |
Rongsheng Stock Against Markets
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Other Information on Investing in Rongsheng Stock
Rongsheng Petrochemical financial ratios help investors to determine whether Rongsheng Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Rongsheng with respect to the benefits of owning Rongsheng Petrochemical security.