Ningxia Baofeng Energy Group Co., Ltd.

Shanghai Stock Exchange 600989.SS

Ningxia Baofeng Energy Group Co., Ltd. Gross Profit Margin for the year ending December 31, 2023: 30.19%

Ningxia Baofeng Energy Group Co., Ltd. Gross Profit Margin is 30.19% for the year ending December 31, 2023, a -8.16% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Ningxia Baofeng Energy Group Co., Ltd. Gross Profit Margin for the year ending December 31, 2022 was 32.87%, a -22.12% change year over year.
Ningxia Baofeng Energy Group Co., Ltd. Gross Profit Margin for the year ending December 31, 2021 was 42.21%, a -6.41% change year over year.
Ningxia Baofeng Energy Group Co., Ltd. Gross Profit Margin for the year ending December 31, 2020 was 45.10%, a 2.61% change year over year.
Ningxia Baofeng Energy Group Co., Ltd. Gross Profit Margin for the year ending December 31, 2019 was 43.95%, a -6.28% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

Shanghai Stock Exchange: 600989.SS

Ningxia Baofeng Energy Group Co., Ltd.

CEO	Mr. Yuanguan Liu
IPO Date	May 17, 2019
Location	China
Headquarters	Baofeng Energy Circular Economy Ind Park
Employees	18,762
Sector	Energy
Industries Coal Mining Oil Refining Petrochemicals

Description

Ningxia Baofeng Energy Group Co., Ltd. produces, processes, and sells coal mining, washing, coking, coal tar, crude benzene, C4 deep-processed, methanol, and olefin products. Its products include polyethylene, polypropylene, coke, benzene, asphalt, and MTBE. The company was formerly known as Ningxia Baofeng Energy Co., Ltd. and changed its name to Ningxia Baofeng Energy Group Co., Ltd. in January 2014. Ningxia Baofeng Energy Group Co., Ltd. was founded in 2005 and is headquartered in Yinchuan, China.

Key trends

Past 5 years