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Rongsheng Petrochemical Co LtdSHE 002493 Stock Report

Last reporting period 31 Dec, 2023

Updated 18 Sep, 2024

Last price

Market cap $B

11.509

Large

Exchange

XSHE - Shenzhen Stock Exchange

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Return on equity ROE

3 %

Last period ROE

-5%

ROE has decreased in 5 years


What is ROE ?

The return on equity ratio shows how much net profit a company earns per unit of equity. To calculate the company's rating, the return on equity adjusted for the average level of financial leverage for 3 years is taken into account. The value of 20% is the benchmark for Eyestock Rating calculation.

What is ROE ?

The return on equity ratio shows how much net profit a company earns per unit of equity. To calculate the company's rating, the return on equity adjusted for the average level of financial leverage for 3 years is taken into account. The value of 20% is the benchmark for Eyestock Rating calculation.

What is ROE of Rongsheng ?

Rongsheng`s ROE for the last twelve months ended 2023-12-31 is 3 %

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