SNPMF (China Petroleum & Chemical) Altman Z-Score: 1.36 (As of Jun. 26, 2026) — 33% Below Median


SNPMF China Petroleum & Chemical Corp SNPMF
50 GF Score
Price $0.56
GF Value $0.51
Valuation Fairly Valued
! 7 Warning Signs
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What is China Petroleum & Chemical Altman Z-Score?

China Petroleum & Chemical SNPMF 50 Altman Z-Score is 1.36 as of Jun. 26, 2026, which is 33% below its 10-year median of 2.04. GuruFocus rates SNPMF with a GF Score™ of 50/100 and a GF Value™ of $0.51 (Fairly Valued). The stock has 7 warning signs investors should review. Among 897 Oil & Gas companies, China Petroleum & Chemical ranks worse than 62.76% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 1.36 is in distress zone. This implies bankruptcy possibility in the next two years.

China Petroleum & Chemical has a Altman Z-Score of 1.36, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for China Petroleum & Chemical's Altman Z-Score or its related term are showing as below:

SNPMF' s Altman Z-Score Range Over the Past 10 Years
Min: 1.34   Med: 2.04   Max: 2.55
Current: 1.36

During the past 13 years, China Petroleum & Chemical's highest Altman Z-Score was 2.55. The lowest was 1.34. And the median was 2.04.


China Petroleum & Chemical  (OTCPK:SNPMF) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


China Petroleum & Chemical Altman Z-Score Related Terms


China Petroleum & Chemical Altman Z-Score Historical Data

* Premium members only.

The historical data trend for China Petroleum & Chemical's Altman Z-Score 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 Altman Z-Score Chart

China Petroleum & Chemical Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.81 2.37 2.20 2.01 1.34

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
Altman Z-Score 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 1.83 2.01 1.48 1.14 1.34

SNPMF vs XOM, CVX: Altman Z-Score Comparison

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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 Altman Z-Score vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where China Petroleum & Chemical's Altman Z-Score falls into.


SNPMF
50GF Score
China Petroleum & Chemical Corp SNPMF
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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China Petroleum & Chemical Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

China Petroleum & Chemical's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*-0.0816+1.4*0.1757+3.3*0.0078+0.6*0.4679+1.0*0.9047
=1.36

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Dec. 2025:
Total Assets was $305,754 Mil.
Total Current Assets was $74,219 Mil.
Total Current Liabilities was $99,181 Mil.
Retained Earnings was $53,732 Mil.
Pre-Tax Income was 80.361 + 1693.128 + 0 + -1171.453 = $602 Mil.
Interest Expense was -551.028 + -673.265 + 0 + -570.687 = $-1,795 Mil.
Revenue was 94887.409 + 98882.431 + 0 + 82844.369 = $276,614 Mil.
Market Cap (Today) was $77,497 Mil.
Total Liabilities was $165,636 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(74219.247 - 99181.196)/305753.777
=-0.0816

X2=Retained Earnings/Total Assets
=53732.394/305753.777
=0.1757

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(602.036 - -1794.98)/305753.777
=0.0078

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=77497.347/165636.216
=0.4679

X5=Revenue/Total Assets
=276614.209/305753.777
=0.9047

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

China Petroleum & Chemical has a Altman Z-Score of 1.36 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.36 mean?
China Petroleum & Chemical (SNPMF) has a Altman Z-Score of 1.36 as of Jun. 26, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on China Petroleum & Chemical and its competitors. This is 33% below median its historical median of 2.04. Over the past decade, China Petroleum & Chemical's Altman Z-Score has ranged from 1.34 to 2.55. According to the industry distribution chart, China Petroleum & Chemical ranks #563 out of 897 companies in the Oil & Gas industry, placing it in the top 62.8%.
Is China Petroleum & Chemical's Altman Z-Score too high?
China Petroleum & Chemical's current Altman Z-Score of 1.36 is 33% below median its 10-year median of 2.04. Over the past 10 years, this metric has ranged from a low of 1.34 to a high of 2.55. The Oil & Gas industry median Altman Z-Score is 1.90. China Petroleum & Chemical's value of 1.36 is 28.4% below this industry median. Based on the distribution chart, China Petroleum & Chemical ranks #563 out of 897 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, China Petroleum & Chemical has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does China Petroleum & Chemical's Altman Z-Score compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, China Petroleum & Chemical ranks #563 out of 897 companies for Altman Z-Score. This places China Petroleum & Chemical in the lower half of its industry. The industry median Altman Z-Score is 1.90. China Petroleum & Chemical's value of 1.36 is 28.4% below this benchmark. Historically, China Petroleum & Chemical's own Altman Z-Score has ranged from 1.34 to 2.55 over the past decade. While the company's 10-year median is 2.04 vs. the industry median of 1.90, China Petroleum & Chemical has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z-Score for an Oil & Gas company?
The median Altman Z-Score among Oil & Gas companies is 1.90, based on 897 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Petroleum & Chemical's current Altman Z-Score of 1.36 is 28.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on China Petroleum & Chemical and its competitors. For the Oil & Gas industry, the median Altman Z-Score is 1.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Petroleum & Chemical's current Altman Z-Score is 1.36, which is 33% below median its own 10-year median of 2.04. 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 $0.51, compared to a current price of $0.56 — trading 9.8% above its estimated fair value. The current Altman Z-Score is 1.36, which is 33% below median its 10-year median of 2.04 and 28.4% below the Oil & Gas industry median of 1.90. China Petroleum & Chemical's overall GF Score™ is 50/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For China Petroleum & Chemical (SNPMF), the current Altman Z-Score is 1.36 as of Jun. 26, 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 $0.56 is trading 9.8% above its estimated GF Value™ of $0.51. GuruFocus considers China Petroleum & Chemical to be Fairly Valued.

Key valuation signals for SNPMF:

  • Altman Z-Score: 1.36 (33% below median its 10-year median of 2.04)
  • GF Value™: $0.51 vs. price of $0.56 (9.8% above fair value)
  • GF Score™: 50/100 with 7 warning signs
  • Industry Position: 28.4% below the Oil & Gas median (#563 of 897)

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.
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$0.51
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