China Petroleum & Chemical (SHSE:600028) Construction In Progress: ¥200,269 Mil (As of Dec. 2025)


SHSE:600028 China Petroleum & Chemical Corp SHSE:600028
51 GF Score
Price ¥4.70
GF Value ¥4.86
Valuation Modestly Undervalued
! 7 Warning Signs
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What is China Petroleum & Chemical Construction In Progress?

China Petroleum & Chemical SHSE:600028 +2.17% 51 Construction In Progress is ¥200,269 Mil as of Dec. 2025. GuruFocus rates SHSE:600028 with a GF Score™ of 51/100 and a GF Value™ of ¥4.86 (Modestly Undervalued). The stock has 7 warning signs investors should review.

China Petroleum & Chemical's quarterly construction in progress declined from Jun. 2025 (¥198,457 Mil) to Sep. 2025 (¥186,336 Mil) but then increased from Sep. 2025 (¥186,336 Mil) to Dec. 2025 (¥200,269 Mil).

China Petroleum & Chemical's annual construction in progress increased from Dec. 2023 (¥184,448 Mil) to Dec. 2024 (¥213,069 Mil) but then declined from Dec. 2024 (¥213,069 Mil) to Dec. 2025 (¥200,269 Mil).

China Petroleum & Chemical Construction In Progress Historical Data

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The historical data trend for China Petroleum & Chemical's Construction In Progress can be seen below:

* 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 Construction In Progress Chart

China Petroleum & Chemical Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163,409.00 203,550.00 184,448.00 213,069.00 200,269.00

China Petroleum & Chemical Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 194,426.00 213,069.00 198,457.00 186,336.00 200,269.00
SHSE:600028
51GF Score
China Petroleum & Chemical Corp SHSE:600028
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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China Petroleum & Chemical Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ¥200,269 Mil mean?
China Petroleum & Chemical (SHSE:600028) has a Construction In Progress of ¥200,269 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on China Petroleum & Chemical and its competitors.
Is China Petroleum & Chemical's Construction In Progress too high?
China Petroleum & Chemical's current Construction In Progress is ¥200,269 Mil. Overall, China Petroleum & Chemical has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Petroleum & Chemical's Construction In Progress compare to XOM and CVX?
China Petroleum & Chemical's Construction In Progress of ¥200,269 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 Construction In Progress for an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on China Petroleum & Chemical and its competitors. China Petroleum & Chemical's current Construction In Progress is ¥200,269 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 (SHSE:600028) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.86, compared to a current price of ¥4.70 — trading 3.3% below its estimated fair value. The current Construction In Progress is ¥200,269 Mil. China Petroleum & Chemical's overall GF Score™ is 51/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For China Petroleum & Chemical (SHSE:600028), the current Construction In Progress is ¥200,269 Mil as of Dec. 2025. 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 (SHSE:600028) Overvalued in 2026?

Based on GuruFocus' analysis, China Petroleum & Chemical stock appears to be undervalued. The current stock price of ¥4.70 is trading 3.3% below its estimated GF Value™ of ¥4.86. GuruFocus considers China Petroleum & Chemical to be Modestly Undervalued.

Key valuation signals for SHSE:600028:

  • Construction In Progress: ¥200,269 Mil
  • GF Value™: ¥4.86 vs. price of ¥4.70 (3.3% below fair value)
  • GF Score™: 51/100 with 7 warning signs

No single metric tells the full story. See the SHSE:600028 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

China Petroleum & Chemical Business Description

Industry EnergyOil & Gas
Address No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728
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.
51GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥4.70
Price
¥4.86
GF Value