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We Like These Underlying Return On Capital Trends At Rongsheng Petrochemical (SZSE:002493)
Tianfeng: The inventory cycle of Energy exploitation may reach its turning point before the production capacity turning point.
The price spread of gasoline and diesel has weakened, but the price spreads of by-products such as naphtha and fuel oil remain strong.
Cinda Securities 2025 Annual Strategy Report on the Petrochemical Industry: Refining cycle hits bottom, recovery in prosperity is expected.
Considering that bulk Chemicals may reach a turning point in 2026, private refining companies have characteristics such as low finished oil yield and long Industry Chain for Chemicals, and are expected to benefit first during the upturn cycle of bulk Chemicals profitability.
Rongsheng Petro Chemical (002493.SZ): Received cash dividend from the holding subsidiary of 2.55 billion yuan.
On December 27, Glorious Exchange reported that Rongsheng Petro Chemical (002493.SZ) announced that the company holds a 51% stake in Zhejiang Petrochemical Co., Ltd. (referred to as "Zhejiang Petrochemical"). According to the profit distribution resolution made by the shareholders' meeting of Zhejiang Petrochemical, Rongsheng Petro Chemical will receive a cash dividend of 2.55 billion yuan, and as of now, the cash dividend from Zhejiang Petrochemical has been fully received.
Is Rongsheng Petrochemical (SZSE:002493) Using Too Much Debt?
MSCI Upgrades Rongsheng Petrochemical's ESG Rating to BBB for Advancing Green Practices
