Rongsheng Petrochemical Co., Ltd.
002493
Rank in Stocks
#1333
Rongsheng Petrochemical Co., Ltd. operates in the production, marketing, and... Rongsheng Petrochemical Co., Ltd. operates in the production, marketing, and sale of a diverse array of petrochemicals, chemical fibers, and associated products. Its comprehensive product lineup encompasses synthetic fibers and films, alongside a full spectrum of polyester products, including chips, bottle flakes, and various yarn types like pre-oriented, fully drawn, and textured varieties. The company is also a key producer of purified terephthalic acid (PTA). Furthermore, Rongsheng Petrochemical manufactures an extensive range of synthetic resins and polymers, such as polystyrene, ABS, SAN, styrene butadiene rubber, ion exchange resin, unsaturated resin, styrene thermoplastic elastomer, low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), high-density polyethylene (HDPE), polypropylene, and polycarbonate. The company is also a significant supplier of olefins, aromatics, and their downstream derivatives, as well as refined fuel products such as gasoline, diesel, and kerosene. Key industrial intermediates like xylene, ethylene, methyl methacrylate, bisphenol A, and acrylonitrile are also part of its offerings. Established in 1995 and headquartered in Hangzhou, China, the company underwent a name change from Rongsheng Chemical Fiber Group Co., Ltd. to its current Rongsheng Petrochemical Co., Ltd. in September 2007. It operates as a subsidiary of Zhejiang Rongsheng Holding Group Co., Ltd.
Share Price
$1.68
Market Cap
$16.81B
Change (1 day)
-0.34%
Change (1 year)
27.70%
Country
CN
Trade Rongsheng Petrochemical Co., Ltd. (002493)
Category
Basic Materials
Operating Margin for Rongsheng Petrochemical Co., Ltd. (002493)
Operating Margin as of October 2026 TTM: 5.12%
According to Rongsheng Petrochemical Co., Ltd. latest financial reports and stock price the company's current Operating Margin (TTM) is 5.12%. At the end of 2023 the company had an Operating Margin of 0.48%.
Operating Margin history for Rongsheng Petrochemical Co., Ltd. from 2007 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 5.12% | 739.34% |
| 2024 | 0.61% | 27.08% |
| 2023 | 0.48% | -75.38% |
| 2022 | 1.95% | -88.95% |
| 2021 | 17.64% | 13.44% |
| 2020 | 15.55% | 309.21% |
| 2019 | 3.80% | 52.61% |
| 2018 | 2.49% | -23.62% |
| 2017 | 3.26% | -31.66% |
| 2016 | 4.77% | 255.97% |
| 2015 | 1.34% | -158.77% |
| 2014 | -2.28% | -321.36% |
| 2013 | 1.03% | 22.62% |
| 2012 | 0.84% | -91.98% |
| 2011 | 10.48% | -35.78% |
| 2010 | 16.32% | 37.14% |
| 2009 | 11.90% | 859.68% |
| 2008 | 1.24% | -75.45% |
| 2007 | 5.05% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 6.22% | -98.79% |
TW
|
|
| 25.56% | -95.01% |
JP
|
|
| 0.00% | - |
DE
|
|
| 5.98% | -98.83% |
SA
|
|
| 1.81% | -99.65% |
CN
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.