- Rongsheng Petrochemical’s net income for the fiscal year was 724.5 million yuan.
- This represents a 38% decrease compared to the previous year, where net income was 1.16 billion yuan.
- The company reported revenue of 326.5 billion yuan, marking a slight increase of 0.5% year-over-year.
- A final dividend of 10 RMB cents per share has been declared.
- Investment analysts display a strong positive outlook with 16 buy recommendations, 0 hold, and 1 sell.
A look at Rongsheng Petro Chemical A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking at the Smartkarma Smart Scores for Rongsheng Petro Chemical A, the company appears to have a solid long-term outlook. With a high Value score of 4, Rongsheng Petro Chemical A is likely considered undervalued compared to its intrinsic worth. This suggests there may be good potential for future growth in the company’s stock price.
Additionally, Rongsheng Petro Chemical A also scores well in terms of its Dividend, Growth, Resilience, and Momentum factors. While the Growth, Resilience, and Momentum scores are not as high as the Value score, they indicate that the company is still performing steadily in these areas. Overall, this diversified manufacturer and seller of purified terephthalic acid (PTA) and polyester drawn yarn products seems to be on a promising path for the future.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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