Liaoning Dingjide Petrochemical Co Ltd: Financial Overview and Market Performance
Liaoning Dingjide Petrochemical Co Ltd, a prominent petrochemical company based in Liaoning, China, has been a significant player in the industry. As of April 29, 2025, the company is listed on the Shanghai Stock Exchange, with its financial metrics reflecting its market position.
Market Performance
As of April 27, 2025, the close price of Liaoning Dingjide Petrochemical Co Ltd’s stock was 21.78 CNH. Over the past year, the stock has experienced fluctuations, reaching a 52-week high of 36.62 CNH on January 9, 2025, and a 52-week low of 20.65 CNH on July 9, 2024. These figures highlight the volatility in the petrochemical sector and the company’s resilience in navigating market challenges.
Financial Metrics
The company boasts a market capitalization of 3.2 billion CNH, indicating its substantial presence in the industry. However, the price-to-earnings ratio stands at 133.54, suggesting a high valuation relative to its earnings. This metric may attract investors looking for growth potential, despite the high valuation.
Company Overview
Liaoning Dingjide Petrochemical Co Ltd is dedicated to the production and distribution of petrochemical products. Based in Liaoning, the company plays a crucial role in the regional economy and contributes to China’s broader petrochemical industry.
In summary, Liaoning Dingjide Petrochemical Co Ltd continues to be a key player in the petrochemical sector, with its financial performance and market presence reflecting its strategic importance in the industry.