Rongsheng Petro Chemical 荣盛石化
12 significant filings since 29 May 2026: 1 on regulatory action, 9 on equity incentive and 1 on major contract or bid won, and 1 other kind. The latest, on 14 Aug 2026: 关于收到浙江证监局行政监管措施决定书的公告.
自 29 May 2026 起有 12 份重大公告：regulatory action 1 份、equity incentive 9 份、major contract or bid won 1 份，另有 1 类。最新一份（14 Aug 2026）：关于收到浙江证监局行政监管措施决定书的公告。
As of 25 Sep 2026 截至2026年9月25日
Rongsheng Petro Chemical is a refining, petrochemicals and trading company listed in 2010. It reported revenue of RMB308.62bn in 2025, down from RMB326.48bn in 2024, with attributable net profit rising to RMB848.3m from RMB724.5m. Profit quality was strong, with operating cash flow per share at RMB4.55 versus net profit per share of RMB0.09. The company faces financial risks due to high leverage and weak short-term liquidity. Liabilities stood at 74.1% of assets as of 30 Jun 2026, and the current ratio was 0.45, indicating current liabilities exceed current assets. A regulatory action was reported in August 2026. The stock has risen 42.5% over one year, with a P/E of 24.4 and a price to book of 2.75x.
荣盛石化是一家炼化及贸易公司，2010年上市。2025年营业收入3,086.22亿元，低于2024年的3,264.75亿元，归母净利润从7.24亿元增至8.48亿元。盈利质量较强，每股经营现金流4.55元，高于基本每股收益0.09元。公司面临较高财务风险，资产负债率达74.1%，流动比率0.45，显示短期偿债能力偏弱。2026年8月披露收到浙江证监局监管措施。股价一年涨幅42.5%，市盈率24.4，市净率2.75倍。
| Flag 标记 | Risk 风险 | Mechanism 影响机制 |
|---|---|---|
| Liabilities at 70% of assets or more 资产负债率达70%或以上 | Liabilities are at 74.1% of assets, indicating high financial leverage. 资产负债率为74.1%，显示财务杠杆较高。 | High leverage reduces financial flexibility and increases refinancing risk, especially if earnings weaken. It may constrain access to new debt or raise borrowing costs. 高杠杆降低财务灵活性，增加再融资风险，若盈利下滑可能影响债务获取或提高融资成本。 |
| Current ratio below 1: current liabilities exceed current assets 流动比率低于1：流动负债超过流动资产 | The current ratio is below 1, at 0.45, meaning current liabilities exceed current assets. 流动比率0.45，低于1，显示流动负债超过流动资产。 | This indicates weak short-term liquidity, raising the risk of difficulty meeting near-term obligations without asset sales or external funding. 短期流动性偏弱，可能难以偿还即将到期的债务，除非通过资产处置或外部融资。 |
- Next regulatory filing on the status of the administrative measure from Zhejiang CSRC.
关注浙江证监局行政监管措施的后续进展公告。 - 2026 full-year attributable net profit compared to 2025's RMB848.3m.
2026全年归母净利润与2025年的8.48亿元对比。 - Operating cash flow to net profit ratio in the 2026 annual report.
2026年报中经营现金流与净利润之比。 - Liabilities to assets ratio as of 31 Dec 2026.
截至2026年12月31日的资产负债率。 - Revenue trend in the 2026 full year versus 2025's RMB308.62bn.
2026全年营业收入与2025年的3,086.22亿元对比趋势。 - Any change in the controlling shareholder's pledged shares.
控股股东质押股份的变动情况。
- Company: Rongsheng Petro Chemical 荣盛石化, Shenzhen Stock Exchange 002493; industry Refining, Petrochemicals and Trading; listed 2 Nov 2010.
公司：荣盛石化，深圳证券交易所 002493；行业：炼化及贸易；上市日期：2010年11月2日。 - Close on 24 Sep 2026 RMB13.11; close on 24 Sep 2025 RMB9.28, RMB9.20 in today's terms; one-year change, adjusted for distributions and share changes +42.5%.
2026年9月24日收盘价13.11元；2025年9月24日收盘价9.28元（前复权9.20元）；一年涨跌幅（复权）+42.5%。 - 52-week range in today's terms, adjusted for distributions and share changes RMB9.16 to RMB15.88.
52周区间（前复权）9.16元至15.88元。 - In the last 12 months 2 trading days closed 9% or more above or below the day before (all days, not only this year). The 2 most recent of them: 9 Mar 2026 -9.3%; 19 Mar 2026 -9.7%. No two of the 2 fell on consecutive trading days.
近12个月共有2个交易日收盘涨跌幅达9%及以上（为全部交易日，不限于今年）。其中最近2个：2026年3月9日 -9.3%；2026年3月19日 -9.7%。其中任意两个交易日均不相邻。 - Market capitalisation RMB130.96bn; P/E TTM 24.4; price to book 2.75x.
总市值1,309.62亿元；市盈率（TTM）24.4；市净率2.75倍。 - Revenue 2025 RMB308.62bn; 2024 RMB326.48bn; change -5.5%.
营业收入2025年3,086.22亿元；2024年3,264.75亿元；同比-5.5%。 - Attributable net profit 2025 RMB848.3m; 2024 RMB724.5m; change +17.1%.
归属于母公司股东的净利润2025年8.48亿元；2024年7.24亿元；同比+17.1%。 - Net profit excluding non-recurring items, 2025 change +18.6%.
2025年扣除非经常性损益后的净利润同比+18.6%。 - Basic EPS 2025 RMB0.09; 2024 RMB0.08.
基本每股收益2025年0.09元；2024年0.08元。 - Operating cash flow per share 2025 RMB4.55; 2024 RMB3.42; operating cash flow to net profit 13.98x.
每股经营现金流2025年4.55元；2024年3.42元；经营现金流与净利润之比13.98倍。 - 2025 gross margin 12.2%; net margin 1.1%; ROE 1.9%.
2025年毛利率12.2%；净利率1.1%；净资产收益率1.9%。 - At 30 Jun 2026: liabilities to assets 74.1%; current ratio 0.45; quick ratio 0.26; receivable days 4; inventory days 54.
截至2026年6月30日：资产负债率74.1%；流动比率0.45；速动比率0.26；应收账款周转天数4；存货周转天数54。 - Period to 30 Jun 2026 (six months, not comparable with the full years above): revenue RMB129.41bn, change -12.9%; attributable net profit RMB5.11bn, change +748.8%; operating cash flow per share RMB2.13.
截至2026年6月30日的报告期（六个月，不可与上述全年数据直接比较）：营业收入1,294.07亿元，同比-12.9%；归母净利润51.11亿元，同比+748.8%；每股经营现金流2.13元。 - In the 12 months to 25 Sep 2026: 1 distinct filing classed critical, high or as a lift; by class: 1 filing classed Regulatory Action. One filing can fall in more than one class, and several filings can concern one matter, such as the notice and the result of one auction.
截至2026年9月25日的近12个月：被归为重大、较高级别或解除类的公告共1份；按类别：归为监管措施的公告1份。同一公告可属多个类别，同一事项亦可有多份公告，例如同一拍卖的提示公告与结果公告。 - 14 Aug 2026, Regulatory Action (high): filing titled 《关于收到浙江证监局行政监管措施决定书的公告》.
2026年8月14日，监管措施：公告《关于收到浙江证监局行政监管措施决定书的公告》。 - Ownership: controlling shareholder 浙江荣盛控股集团有限公司; actual controller 李水荣; largest holder at 30 Jun 2026: 浙江荣盛控股集团有限公司, 55.05%.
股权：控股股东：浙江荣盛控股集团有限公司；实际控制人：李水荣；2026年6月30日第一大股东：浙江荣盛控股集团有限公司，持股55.05%。 - Latest distribution: ex-date 1 Jun 2026, cash RMB0.10 per share.
最近一次分配：除权除息日2026年6月1日，每股现金0.10元。 - Aurelian Grade C, score 63.6 of 100, graded within a peer group of 30 companies in its industry; no rank among peers is given.
金源评级C，得分63.6（满分100），于行业同业30家中评定；未提供其在同业中的排名。 - Not held for this report: receivable ageing, litigation case amounts, the order book, the auditor's opinion and key audit matters, segment revenue.
本报告未掌握：应收账款账龄、诉讼案件金额、在手订单、审计意见及关键审计事项、分部收入。