Rongsheng Petro Chemical (002493) Stock Price, Fundamentals & Analysis

What 002493 does

Rongsheng Petro Chemical (002493) is a chemicals company listed on the Shenzhen Stock Exchange. It researches, develops, produces, and sells chemical, oil, and polyester products in China, with a focus on polyolefins, aromatics, and related materials used in new energy, new materials, organic chemicals, synthetic fibers, resins, rubber, and oil products. The company was founded in 1995 and is based in Hangzhou, China, operating as a subsidiary of Zhejiang Rongsheng Holding Group Co., Ltd.

Key numbers explained

• 13.11 CNY is the current share price, the amount you would pay for one share right now.
• The trailing P/E ratio of 23.4 compares the price to the last 12 months of earnings; a higher number can mean the market expects faster growth or is willing to pay more per unit of profit.
• The forward P/E ratio of 14.1 uses expected future earnings, which can make the stock look cheaper if those estimates are accurate.
• 0.76% is the dividend yield, the annual dividend as a percentage of the current price; it tells you the cash return you would receive from dividends alone if the yield stayed the same.
• 0.94 is the beta, a measure of volatility relative to the market; a beta below 1 suggests the stock tends to move less than the overall market.
• 19,849 employees indicates the scale of the company's workforce.
• 130.96B CNY is the market capitalization, the total value of all outstanding shares.
• 18% is the share of earnings paid out as dividends, showing how much of the company's profit is returned to shareholders.

What to watch

Rongsheng Petro Chemical operates in the Basic Materials sector and the Chemicals industry, where prices for commodities and feedstocks can shift quickly. Investors often watch the sector alongside peers such as Guangzhou Tinci Materials Technology (002709), Tianqi Lithium Industries (002466), Xinjiang Tianshan Cement (000877), Ganfeng Lithium (002460), ZANGGE MINING COMPANY (000408), Qinghai Salt Lake Potash (000792), and Yunnan Energy New Material (002812) for broader trends in Chinese materials and chemicals. The stock's 37% price change over the last 52 weeks and its range of 9.18 – 16.38 show that it has experienced notable movement, which can reflect shifts in commodity prices, demand cycles, or macroeconomic conditions.