China Petroleum & Chemical (386)
4.64 HKD -0.02 (-0.43%) Volume: 90.47M
China Petroleum & Chemical’s stock price stands at 4.64 HKD, experiencing a slight dip of -0.43% this trading session, with a significant trading volume of 90.47M. Despite the recent decline, the company has shown a robust performance with a YTD increase of +13.20%, reinforcing its promising investment potential.
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical (Sinopec) has seen a 1.6% increase in its share price following a key agreement with TotalEnergies for Sustainable Aviation Fuel (SAF) production. The deal involves the use of Sinopec’s waste oils for SAF production, marking a significant stride towards sustainability within the industry. This positive movement in Sinopec’s stock price is also reflected in the upbeat March factory data, with China’s petrochemical futures tracking crude gains.
A look at China Petroleum & Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
The long-term outlook for China Petroleum & Chemical Corporation is looking positive, according to the Smartkarma Smart Scores. With an overall score of 4 out of 5, the company is performing well across multiple factors.
The company scores highly in value, with a score of 5, indicating that it is currently undervalued and may be a good investment opportunity. It also has a strong dividend score of 4, showing that it is providing consistent returns to its shareholders.
In terms of growth, China Petroleum & Chemical has a score of 3, suggesting that it has potential for future growth. This is supported by its strong momentum score of 5, indicating that the company is currently performing well and has positive market sentiment.
Furthermore, the company has a resilience score of 3, meaning that it is able to withstand market fluctuations and economic challenges. Overall, these scores suggest that China Petroleum & Chemical is a stable and promising company for long-term investment.
Based on its description, China Petroleum & Chemical Corporation is a major producer and trader of petroleum and petrochemical products in China. Its diverse range of products, including gasoline, diesel, and chemical fertilizers, and its widespread market reach make it a valuable player in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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