SNPMF (China Petroleum & Chemical) Inventories, Inventories Adjustments: $-1,947 Mil (As of Jun. 2026)

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SNPMF China Petroleum & Chemical Corp SNPMF
47 GF Score
Price $0.62
GF Value $0.52
Valuation Modestly Overvalued
! 8 Warning Signs
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What is China Petroleum & Chemical Inventories, Inventories Adjustments?

China Petroleum & Chemical SNPMF -1.59% 47 Inventories, Inventories Adjustments is $-1,947 Mil as of Jun. 2026. GuruFocus rates SNPMF with a GF Score™ of 47/100 and a GF Value™ of $0.52 (Modestly Overvalued). The stock has 8 warning signs investors should review.

China Petroleum & Chemical's Inventories, Inventories Adjustments for the quarter that ended in Jun. 2026 was $-1,947 Mil.

China Petroleum & Chemical's quarterly Inventories, Inventories Adjustments declined from Sep. 2025 ($0 Mil) to Dec. 2025 ($-747 Mil) and declined from Dec. 2025 ($-747 Mil) to Jun. 2026 ($-1,947 Mil).

China Petroleum & Chemical's annual Inventories, Inventories Adjustments increased from Dec. 2023 ($-818 Mil) to Dec. 2024 ($-723 Mil) but then declined from Dec. 2024 ($-723 Mil) to Dec. 2025 ($-747 Mil).

China Petroleum & Chemical Inventories, Inventories Adjustments Historical Data

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The historical data trend for China Petroleum & Chemical's Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments Chart

China Petroleum & Chemical Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventories, Inventories Adjustments
Get a 7-Day Free Trial Premium Member Only Premium Member Only -768.84 -944.25 -818.04 -723.15 -746.96

China Petroleum & Chemical Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25 Jun26
Inventories, Inventories Adjustments 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 -723.15 -669.60 0.00 -746.96 -1,947.22
SNPMF
47GF Score
China Petroleum & Chemical Corp SNPMF
Inventories, Inventories Adjustments is just one metric. See GF Score™, valuation, warning signs, and more.
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China Petroleum & Chemical Inventories, Inventories Adjustments Calculation

Inventories, Inventories Adjustments represents certain charges made in the current period in inventory resulting from breakage, spoilage, employee theft and shoplifting, etc.

What does a Inventories, Inventories Adjustments of $-1,947 Mil mean?
China Petroleum & Chemical (SNPMF) has a Inventories, Inventories Adjustments of $-1,947 Mil as of Jun. 2026. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on China Petroleum & Chemical and its competitors.
Is China Petroleum & Chemical's Inventories, Inventories Adjustments too high?
China Petroleum & Chemical's current Inventories, Inventories Adjustments is $-1,947 Mil. Overall, China Petroleum & Chemical has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Petroleum & Chemical's Inventories, Inventories Adjustments compare to XOM and CVX?
China Petroleum & Chemical's Inventories, Inventories Adjustments of $-1,947 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 Inventories, Inventories Adjustments for an Oil & Gas company?
A good Inventories, Inventories Adjustments depends on the Oil & Gas industry context. However, Inventories, Inventories Adjustments 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 Inventories, Inventories Adjustments mean?
A high Inventories, Inventories Adjustments can signal that a stock is expensive relative to its fundamentals. Inventories, Inventories Adjustments is certain charges made in the current period in inventory resulting from breakage, spoilage, etc. View historical data on China Petroleum & Chemical and its competitors. China Petroleum & Chemical's current Inventories, Inventories Adjustments is $-1,947 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 Modestly Overvalued. The stock's GF Value™ is $0.52, compared to a current price of $0.62 — trading 19.2% above its estimated fair value. The current Inventories, Inventories Adjustments is $-1,947 Mil. China Petroleum & Chemical's overall GF Score™ is 47/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Inventories Adjustments calculated?
Inventories, Inventories Adjustments is calculated from a company's financial statements. For China Petroleum & Chemical (SNPMF), the current Inventories, Inventories Adjustments is $-1,947 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 $0.62 is trading 19.2% above its estimated GF Value™ of $0.52. GuruFocus considers China Petroleum & Chemical to be Modestly Overvalued.

Key valuation signals for SNPMF:

  • Inventories, Inventories Adjustments: $-1,947 Mil
  • GF Value™: $0.52 vs. price of $0.62 (19.2% above fair value)
  • GF Score™: 47/100 with 8 warning signs

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 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.
47GF Score

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

$0.62
Price
$0.52
GF Value