- Net income for the first half of 2024: 35.70 billion yuan.
- Year-over-year increase in net income: 1.7% (previous year: 35.11 billion yuan).
- Total revenue: 1.58 trillion yuan.
- Interim dividend per share: 14.6 RMB cents.
- Realized crude oil price per barrel: 3,981 yuan.
- Realized natural gas price per thousand cubic feet: 1,895 yuan.
- Earnings per share (EPS): 30.7 RMB cents.
- Analyst recommendations: 14 buys, 5 holds, 0 sells.
A look at China Petroleum & Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
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
Analysts at Smartkarma have assigned China Petroleum & Chemical Corporation an overall positive outlook based on Smart Scores. The company received top scores in Value and Dividend, indicating strong fundamentals and attractive dividend payouts for investors. With a solid foundation in financial performance and income distribution, China Petroleum & Chemical is seen as a promising investment option for long-term growth.
Although the company received slightly lower scores in Growth and Resilience, its overall Momentum score suggests that China Petroleum & Chemical is currently exhibiting strong upward momentum in the market. This indicates potential for increasing shareholder value and market performance in the foreseeable future. Investors may view China Petroleum & Chemical as a stable and lucrative investment opportunity in the energy sector.
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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