Rongsheng Petrochemical Co Ltd
SZSE:002493
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Rongsheng Petrochemical Co Ltd
Gross Margin
Rongsheng Petrochemical Co Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | CN |
| Market Cap | 90.5B CNY |
| Gross Margin |
4%
|
| Country | SA |
| Market Cap | 228.3B SAR |
| Gross Margin |
17%
|
| Country | ID |
| Market Cap | 43.8B USD |
| Gross Margin |
3%
|
| Country | ID |
| Market Cap | 620.7T IDR |
| Gross Margin |
3%
|
| Country | US |
| Market Cap | 31.2B USD |
| Gross Margin |
11%
|
| Country | UK |
| Market Cap | 26.7B USD |
| Gross Margin |
12%
|
| Country | KR |
| Market Cap | 23.9T KRW |
| Gross Margin |
16%
|
| Country | US |
| Market Cap | 16.5B USD |
| Gross Margin |
15%
|
| Country | CN |
| Market Cap | 99.3B CNY |
| Gross Margin |
8%
|
| Country | IN |
| Market Cap | 926B INR |
| Gross Margin |
49%
|
| Country | JP |
| Market Cap | 1.5T JPY |
| Gross Margin |
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
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Rongsheng Petrochemical Co Ltd's most recent financial statements, the company has Gross Margin of 4%.
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