Rongsheng Petrochemical's share price drop aligns with its significant EPS fall. Despite a recent bounce, long-term shareholders face losses. The company's fundamentals require close monitoring for potential recovery.
Rongsheng Petrochemical's high debts and financial shortcomings raise concerns about its financial stability. Its future profits seem uncertain without immediate operational improvements and its negative cash flow and liabilities pose major risks.
Rongsheng Petrochemical$榮盛石化(002493.SZ)$opens at a 10% limit-up in Shenzhen as Saudi Aramco expands its presence in China by acquiring a 10% stake in the company.
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