Rongsheng Petrochemical Co Ltd
SZSE:002493
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Rongsheng Petrochemical Co Ltd
Other Current Assets
Rongsheng Petrochemical Co Ltd
Other Current Assets Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Other Current Assets | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Rongsheng Petrochemical Co Ltd
SZSE:002493
|
Other Current Assets
ÂĄ5.4B
|
CAGR 3-Years
-32%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
-1%
|
||
Zhejiang Juhua Co Ltd
SSE:600160
|
Other Current Assets
ÂĄ658.3m
|
CAGR 3-Years
5%
|
CAGR 5-Years
-20%
|
CAGR 10-Years
3%
|
||
Hengli Petrochemical Co Ltd
SSE:600346
|
Other Current Assets
ÂĄ10.7B
|
CAGR 3-Years
3%
|
CAGR 5-Years
59%
|
CAGR 10-Years
55%
|
||
Satellite Chemical Co Ltd
SZSE:002648
|
Other Current Assets
ÂĄ698.9m
|
CAGR 3-Years
30%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
1%
|
||
Jiangsu Eastern Shenghong Co Ltd
SZSE:000301
|
Other Current Assets
ÂĄ3.9B
|
CAGR 3-Years
0%
|
CAGR 5-Years
31%
|
CAGR 10-Years
86%
|
||
G
|
Guangzhou Tinci Materials Technology Co Ltd
SZSE:002709
|
Other Current Assets
ÂĄ524.6m
|
CAGR 3-Years
-2%
|
CAGR 5-Years
13%
|
CAGR 10-Years
19%
|
Rongsheng Petrochemical Co Ltd
Glance View
Rongsheng Petrochemical Co., Ltd. is a leading Chinese player in the petrochemical sector, operating primarily in refining and the production of chemical materials. Founded in 2009, the company has rapidly scaled its operations, capitalizing on China’s growing demand for petrochemical products, which are crucial for various industries, including plastics, textiles, and automotive. Rongsheng’s state-of-the-art facilities, including its flagship refining complex located in Zhejiang province, empower the company to process crude oil efficiently, demonstrating a commitment to innovation and environmental responsibility. The integration of advanced technologies in production not only optimizes costs but also enhances margins, making the company a competitive force in both domestic and international markets. As Rongsheng Petrochemical continues to expand its footprint globally, it remains strategically well-positioned to benefit from evolving trends in energy and sustainability. Investors are drawn to its robust business model that balances growth aspirations with financial prudence. With increasing regulatory pressures for cleaner production techniques, Rongsheng is also investing in green initiatives and alternative energy sources, paving the way for long-term sustainability and resilience. As the petrochemical industry faces a wave of transformation, Rongsheng's ability to adapt and innovate places it on a solid trajectory for future growth, ensuring that it remains an attractive opportunity for investors seeking exposure to the dynamic energy sector.
See Also
What is Rongsheng Petrochemical Co Ltd's Other Current Assets?
Other Current Assets
5.4B
CNY
Based on the financial report for Sep 30, 2024, Rongsheng Petrochemical Co Ltd's Other Current Assets amounts to 5.4B CNY.
What is Rongsheng Petrochemical Co Ltd's Other Current Assets growth rate?
Other Current Assets CAGR 10Y
-1%
Over the last year, the Other Current Assets growth was -22%. The average annual Other Current Assets growth rates for Rongsheng Petrochemical Co Ltd have been -32% over the past three years , -12% over the past five years , and -1% over the past ten years .