Obermatt

China Petroleum & Chemical

SHH:600028 · CNE0000018G1
Oil, Gas & Consumable FuelsXX-Large

360

22
EV / EBIT15
Price / Owner Earnings17
Owner Earnings Yield26
Dividend Yield97
Price/Sales77
EV / Gross Profit98
Price/Book92
Return on Capital3
Cash Return on Capital20
Return on Equity5
EBIT Margin3
Gross Profitability85
Cash Conversion90
Accruals48
Owner Earnings Margin18
Sales growth44
Profit Growth93
Long-Term EPS Growth53
Reinvestment55
Price momentum32
Debt load39
Refinancing7
Debt Payback7
Liquidity46
Analyst ratings32
Opinion Changes50
Price Target Upside86
Market mood57
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

China Petroleum & Chemical clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryChina
IndustryOil, Gas & Consumable Fuels
SizeXX-Large
TypePublic Company
ExchangeSEHK
Founded2000
Employees1,733
ISINCNE0000018G1
Last UpdateApr 2, 2026
Themes
Clean EnergyCleanTechOnshore and Offshore WindUtility Scale SolarHydrogen

Description

China Petroleum & Chemical Corporation operates as an energy and chemical company. The company is a subsidiary of China Petrochemical Corporation. The company’s principal businesses include exploration for, development, production and marketing of c…

Analysis

Middle-of-the-road

China Petroleum & Chemical Corporation sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 56.6×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 20% a year, against analyst forecasts of 9%. The market is pricing in far more than analysts expect: heroic expectations.

Growth is tepid; the safety picture is adequate. The company scores 8/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
61
2026

All-time high

62

Mar 2026

All-time low

61

Jun 2026

Average rank

62

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
77
Price/Earnings
40
Price/Book
92
Dividend Yield
97
Value (overall)
89

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →