- Rongsheng Petro reported a net loss of 1.13 billion yuan in the first half of the year.
- This is a significant change from last year when they made a profit of 5.37 billion yuan.
- The company’s revenue was 154.53 billion yuan, marking a 4.7% increase from the previous year.
- 26 individuals or entities have bought into the company, while only one has held their shares. No one has sold their shares yet.
- All these comparisons are based on the values that the company had originally disclosed in the past.
A look at Rongsheng Petro Chemical A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.4 |
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
Rongsheng Petro Chemical Company Limited has been given a Smartkarma Smart Score of 3 for Value, 3 for Dividend, 2 for Growth, 2 for Resilience and 2 for Momentum. This indicates that the company is performing well in terms of its Value and Dividend offerings, but lags behind in terms of Growth, Resilience and Momentum.
Rongsheng Petro Chemical Company Limited manufactures and sells purified terephthalic acid (PTA) and polyester drawn yarn related products, including PTA and polyester full drawn yarn (FDY), polyester pre-oriented yarn (POY), polyester drawn textured yarn (DTY), various polyester filament and polyethylene terephthalate (PET) slices. The company’s long-term outlook is positive, but there is still room for improvement in terms of growth and resilience.
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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