China Petroleum & Chemical Corp
SSE:600028

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China Petroleum & Chemical Corp
SSE:600028
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Price: 6.38 CNY -1.24% Market Closed
Market Cap: 755.8B CNY
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Gross Margin
China Petroleum & Chemical Corp

6.6%
Current
8%
Average
34.2%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
6.6%
=
Gross Profit
203.5B
/
Revenue
3.1T

Gross Margin Across Competitors

Country CN
Market Cap 776.7B CNY
Gross Margin
7%
Country SA
Market Cap 6.7T SAR
Gross Margin
57%
Country US
Market Cap 464.8B USD
Gross Margin
30%
Country US
Market Cap 255.8B USD
Gross Margin
39%
Country UK
Market Cap 151.4B GBP
Gross Margin
25%
Country NL
Market Cap 186.3B USD
Gross Margin
25%
Country CN
Market Cap 1.4T CNY
Gross Margin
14%
Country FR
Market Cap 118.3B EUR
Gross Margin
34%
Country UK
Market Cap 63B GBP
Gross Margin
28%
Country BR
Market Cap 478.2B BRL
Gross Margin
47%
Country NO
Market Cap 740.9B NOK
Gross Margin
52%
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China Petroleum & Chemical Corp
Glance View

Market Cap
776.7B CNY
Industry
Energy

In the vast landscape of the global energy sector, China Petroleum & Chemical Corp., often known as Sinopec, stands as a colossus with deep roots in the intricacies of the oil and gas industry. Founded in 1998, Sinopec's growth narrative mirrors China's meteoric economic rise, swiftly evolving from a state-backed enterprise into one of the world's largest integrated energy and chemical companies. This transition was underpinned by its strategic focus on refining, distribution, and marketing oil and petrochemical products while also delving into scientific research and development. Sinopec’s operations span the entire oil and gas value chain – from upstream activities of exploration and production to refining and finally to the distribution of petroleum products. Its ability to manage and optimize each link in this chain grants it a competitive edge in the relentless global energy market. Sinopec's financial vigor stems from its diversified operations and an unparalleled scale of production, particularly in refining and petrochemical processing, where it enjoys a commanding position not only in China but globally. Refining is a monumental source of revenue for the company, as it operates one of the largest refining capacities worldwide, converting crude oil into value-added products like gasoline, diesel, kerosene, and other industrial chemicals. Furthermore, Sinopec capitalizes on its vast retail network, integrating these products into the market directly through thousands of service stations across China, thus maximizing its reach and revenue potential. This extensive network, coupled with its well-honed supply chain efficiency, enables the company to maintain solid profit margins while adapting to the dynamic shifts in both domestic and international markets. Through a combination of strategic upstream activities and downstream operations, Sinopec not only emerges as a vital player in energy production but also as a pivotal driver of China's industrial growth.

Intrinsic Value
13.34 CNY
Undervaluation 52%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
6.6%
=
Gross Profit
203.5B
/
Revenue
3.1T
What is the Gross Margin of China Petroleum & Chemical Corp?

Based on China Petroleum & Chemical Corp's most recent financial statements, the company has Gross Margin of 6.6%.