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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.
China Petroleum & Chemical's quarterly accumulated depreciation
increased
from Sep. 2025 ($0 Mil) to Dec. 2025 ($-254,638 Mil) and
increased
from Dec. 2025 ($-254,638 Mil) to Jun. 2026 ($-272,409 Mil).
China Petroleum & Chemical's annual accumulated depreciation
increased
from Dec. 2023 ($-224,521 Mil) to Dec. 2024 ($-232,936 Mil) and
increased
from Dec. 2024 ($-232,936 Mil) to Dec. 2025 ($-254,638 Mil).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Petroleum & Chemical Accumulated Depreciation Chart
China Petroleum & Chemical Accumulated Depreciation Calculation
The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.
What does a Accumulated Depreciation of $-272,409 Mil mean?
China Petroleum & Chemical (SNPMF) has a Accumulated Depreciation of $-272,409 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on China Petroleum & Chemical and its competitors.
Is China Petroleum & Chemical's Accumulated Depreciation too high?
China Petroleum & Chemical's current Accumulated Depreciation is $-272,409 Mil. Overall, China Petroleum & Chemical has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Petroleum & Chemical's Accumulated Depreciation compare to XOM and CVX?
China Petroleum & Chemical's Accumulated Depreciation of $-272,409 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on China Petroleum & Chemical and its competitors. China Petroleum & Chemical's current Accumulated Depreciation is $-272,409 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Petroleum & Chemical stock overvalued right now?
Based on GuruFocus' analysis, China Petroleum & Chemical (SNPMF) is currently considered Fairly Valued. The stock's GF Value™ is $0.53, compared to a current price of $0.57 — trading 7.5% above its estimated fair value. The current Accumulated Depreciation is $-272,409 Mil. China Petroleum & Chemical's overall GF Score™ is 45/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For China Petroleum & Chemical (SNPMF), the current Accumulated Depreciation is $-272,409 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Petroleum & Chemical (SNPMF) Overvalued in 2026?
Based on GuruFocus' analysis, China Petroleum & Chemical stock appears to be overvalued.
The current stock price of $0.57 is trading 7.5% above its estimated GF Value™ of $0.53.
GuruFocus considers China Petroleum & Chemical to be Fairly Valued.
Key valuation signals for SNPMF:
Accumulated Depreciation: $-272,409 Mil
GF Value™: $0.53 vs. price of $0.57 (7.5% above fair value)
No single metric tells the full story. See the SNPMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in 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 a significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a stateowned 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 its peers, PetroChina and CNOOC. In 2025, Sinopec's production of oil and gas equivalent was 525.28 million barrels. The firm also processed 250.33 million metric tons of crude oil.
45GF Score
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