
Jinan Shengquan Group Share Holding Co Ltd
SSE:605589

Jinan Shengquan Group Share Holding Co Ltd
Net Income (Common)
Jinan Shengquan Group Share Holding Co Ltd
Net Income (Common) Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Net Income (Common) | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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Jinan Shengquan Group Share Holding Co Ltd
SSE:605589
|
Net Income (Common)
ÂĄ789.4m
|
CAGR 3-Years
-3%
|
CAGR 5-Years
9%
|
CAGR 10-Years
N/A
|
|
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Zhejiang Juhua Co Ltd
SSE:600160
|
Net Income (Common)
ÂĄ1.5B
|
CAGR 3-Years
66%
|
CAGR 5-Years
1%
|
CAGR 10-Years
25%
|
|
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Hengli Petrochemical Co Ltd
SSE:600346
|
Net Income (Common)
ÂĄ6.3B
|
CAGR 3-Years
-27%
|
CAGR 5-Years
-1%
|
CAGR 10-Years
N/A
|
|
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Satellite Chemical Co Ltd
SZSE:002648
|
Net Income (Common)
ÂĄ5.1B
|
CAGR 3-Years
0%
|
CAGR 5-Years
33%
|
CAGR 10-Years
29%
|
|
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Jiangsu Eastern Shenghong Co Ltd
SZSE:000301
|
Net Income (Common)
-ÂĄ3.2B
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Rongsheng Petrochemical Co Ltd
SZSE:002493
|
Net Income (Common)
ÂĄ1.9B
|
CAGR 3-Years
-45%
|
CAGR 5-Years
3%
|
CAGR 10-Years
36%
|
Jinan Shengquan Group Share Holding Co Ltd
Glance View
Jinan Shengquan Group Share Holding Co Ltd., nestled in Jinan, China, has carved out a unique position in the world economy by harnessing the power of renewable resources and intricate chemical processes. The company originally focused on furan and resin technology, but over time it evolved into a multi-faceted enterprise specializing in biomass-based materials. This transformation allowed Shengquan to tap into the green wave, driven by global environmental concerns and the pursuit of sustainable development. By converting agricultural waste into high-value products like bio-composites and industrial-grade casting materials, Shengquan became an exemplar of innovation, effectively intertwining the agricultural sector with contemporary industry. Diving deeper into its business model, Shengquan thrives on a forward-thinking R&D approach, aiming to solve complex material science challenges and reduce dependency on traditional petrochemical resources. The company's financial success largely hinges on its ability to create cost-effective, eco-friendly alternatives that appeal to global manufacturers keen on reducing their carbon footprint. By establishing strategic partnerships and continually expanding its product line, Shengquan has managed to foster a steady revenue stream while also propelling itself into various markets, including health, pharmaceuticals, and new energy sectors. In doing so, it positions itself not just as a company, but a vital contributor to a more sustainable and diversified global economy.

See Also
What is Jinan Shengquan Group Share Holding Co Ltd's Net Income (Common)?
Net Income (Common)
789.4m
CNY
Based on the financial report for Dec 31, 2023, Jinan Shengquan Group Share Holding Co Ltd's Net Income (Common) amounts to 789.4m CNY.
What is Jinan Shengquan Group Share Holding Co Ltd's Net Income (Common) growth rate?
Net Income (Common) CAGR 5Y
9%
Over the last year, the Net Income (Common) growth was 12%. The average annual Net Income (Common) growth rates for Jinan Shengquan Group Share Holding Co Ltd have been -3% over the past three years , 9% over the past five years .