China Petroleum & Chemical (SHSE:600028) Gross Profit: ¥137,795 Mil (TTM As of Mar. 2026)

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SHSE:600028 China Petroleum & Chemical Corp SHSE:600028
51 GF Score
Price ¥5.31
GF Value ¥5.34
Valuation Fairly Valued
! 7 Warning Signs
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What is China Petroleum & Chemical Gross Profit?

China Petroleum & Chemical SHSE:600028 +0.19% 51 Gross Profit is ¥137,795 Mil as of Mar. 2026. GuruFocus rates SHSE:600028 with a GF Score™ of 51/100 and a GF Value™ of ¥5.34 (Fairly Valued). The stock has 7 warning signs investors should review.

China Petroleum & Chemical's gross profit for the three months ended in Mar. 2026 was ¥137,795 Mil. China Petroleum & Chemical's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was ¥137,795 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. China Petroleum & Chemical's gross profit for the three months ended in Mar. 2026 was ¥137,795 Mil. China Petroleum & Chemical's Revenue for the three months ended in Mar. 2026 was ¥706,695 Mil. Therefore, China Petroleum & Chemical's Gross Margin % for the quarter that ended in Mar. 2026 was 19.50%.

China Petroleum & Chemical had a gross margin of 19.50% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of China Petroleum & Chemical was 22.93%. The lowest was 15.75%. And the median was 16.96%.

Warning Sign:

China Petroleum & Chemical Corp gross margin has been in long-term decline. The average rate of decline per year is -3.5%.


China Petroleum & Chemical  (SHSE:600028) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

China Petroleum & Chemical had a gross margin of 19.50% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


China Petroleum & Chemical Gross Profit Related Terms


China Petroleum & Chemical Gross Profit Historical Data

* Premium members only.

The historical data trend for China Petroleum & Chemical's Gross Profit 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 Gross Profit Chart

China Petroleum & Chemical Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 265,469.00 250,855.00 244,597.00 218,963.00 194,047.00

China Petroleum & Chemical Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Sep23 Mar26
Gross Profit 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 145,528.00 130,035.00 102,970.00 139,100.50 137,795.00

SHSE:600028 vs XOM, CVX: Gross Profit Comparison

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


China Petroleum & Chemical Gross Profit vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's Gross Profit distribution charts can be found below:

* The bar in red indicates where China Petroleum & Chemical's Gross Profit falls into.


SHSE:600028
51GF Score
China Petroleum & Chemical Corp SHSE:600028
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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China Petroleum & Chemical Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

China Petroleum & Chemical's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=2547616 - 2353569
=194,047

China Petroleum & Chemical's Gross Profit for the quarter that ended in Mar. 2026 is calculated as

Gross Profit (Q: Mar. 2026 )=Revenue - Cost of Goods Sold
=706695 - 568900
=137,795

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥137,795 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

China Petroleum & Chemical's Gross Margin % for the quarter that ended in Mar. 2026 is calculated as

Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=137,795 / 706695
=19.50 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of ¥137,795 Mil mean?
China Petroleum & Chemical (SHSE:600028) has a Gross Profit of ¥137,795 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on China Petroleum & Chemical and its competitors.
Is China Petroleum & Chemical's Gross Profit too high?
China Petroleum & Chemical's current Gross Profit is ¥137,795 Mil. Overall, China Petroleum & Chemical has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Petroleum & Chemical's Gross Profit compare to XOM and CVX?
China Petroleum & Chemical's Gross Profit of ¥137,795 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 Gross Profit for an Oil & Gas company?
A good Gross Profit depends on the Oil & Gas industry context. However, Gross Profit 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 Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on China Petroleum & Chemical and its competitors. China Petroleum & Chemical's current Gross Profit is ¥137,795 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 Fairly Valued. The stock's GF Value™ is ¥5.34, compared to a current price of ¥5.31 — trading 0.6% below its estimated fair value. The current Gross Profit is ¥137,795 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 Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For China Petroleum & Chemical (SHSE:600028), the current Gross Profit is ¥137,795 Mil as of Mar. 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 (SHSE:600028) Overvalued in 2026?

Based on GuruFocus' analysis, China Petroleum & Chemical stock appears to be undervalued. The current stock price of ¥5.31 is trading 0.6% below its estimated GF Value™ of ¥5.34. GuruFocus considers China Petroleum & Chemical to be Fairly Valued.

Key valuation signals for SHSE:600028:

  • Gross Profit: ¥137,795 Mil
  • GF Value™: ¥5.34 vs. price of ¥5.31 (0.6% 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 Corporation, known as Sinopec, is a Chinese integrated oil and gas company and one of the country's largest state-controlled energy firms. Its operations span upstream exploration and production of crude oil and natural gas, refining, and the marketing and distribution of refined petroleum products, alongside a major petrochemicals business producing ethylene, synthetic resins, fibers, and fertilizers. Sinopec operates China's largest retail fuel network, with tens of thousands of service stations, and serves industrial, commercial, and retail customers domestically and internationally. Revenue is driven mainly by refining and marketing of oil products and by petrochemical sales, with upstream production contributing a smaller share than at peers such as PetroChina and CNOOC. China Petrochemical Corporation, a state-owned enterprise, is the controlling shareholder. The company is listed in Hong Kong, Shanghai, and New York.
51GF Score

Get the complete analysis for SHSE:600028

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

¥5.31
Price
¥5.34
GF Value