SHSE:600028 (China)  
China Petroleum & Chemical Corp logo

China Petroleum & Chemical Corp

¥ 4.51 (-0.44%) Dec 8
On watch
P/E:
5.45
P/B:
0.50
Market Cap:
¥ 512.17B ($ 73.51B)
Enterprise V:
¥ 706.38B ($ 101.38B)
Volume:
17.38M
Avg Vol (2M):
129.71M
Also Trade In:
Volume:
17.38M
Market Cap ¥:
512.17B
Market Cap $:
73.51B
PE Ratio:
5.45
Avg Vol (2-Month):
129.71M
Enterprise Value ¥:
706.38B
Enterprise Value $:
101.38B
PB Ratio:
0.50

Business Description

Description
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC.