China Petroleum & Chemical Debt 2024

China Petroleum & Chemical Debt

304,393 CNY

China Petroleum & Chemical Dividend yield

5.4 %

Ticker

600028.SS

ISIN

CNE0000018G1

In 2024, China Petroleum & Chemical's total debt was 304,393 CNY, a 36.85% change from the 222,431 CNY total debt recorded in the previous year.

China Petroleum & Chemical Aktienanalyse

What does China Petroleum & Chemical do?

China Petroleum & Chemical Corp, also known as Sinopec, is one of the largest integrated energy and chemical companies in the world, founded in 2000. The company is headquartered in Beijing, China and is listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange. Sinopec operates in five main business areas: exploration and production, refining and marketing, chemicals, distribution and services, and research and development. The company employs over 400,000 people and operates approximately 30,000 gas stations in China. It also has operations in over 30 countries worldwide. Sinopec's exploration and production division is responsible for the exploration and extraction of crude oil and natural gas. The company operates oil fields in China, Sudan, Iraq, Iran, and Russia. It also controls natural gas reserves in China, Australia, and Indonesia. Sinopec's refining and marketing division includes the refining of crude oil and natural gas, as well as the distribution and marketing of petrochemical products and fuels. Sinopec owns and operates refineries in China, Singapore, Saudi Arabia, and Ecuador. Sinopec is also involved in the chemical industry and produces a variety of petrochemical products and chemical intermediates. These include plastics, fiber materials, rubber, and synthetic fibers. In the distribution and services sector, Sinopec offers a range of products and services, including operating gas stations in China and other countries, selling oil and gas products, and repairing and maintaining vehicles. Sinopec also operates a research and development department that focuses on the development and exploration of new technologies and products. The company has a large network of research facilities and is constantly striving to develop new technologies for use in the energy industry. In terms of its products, Sinopec offers a wide range of energy-related products and services. This includes gasoline, diesel, heating oil, liquefied petroleum gas, and various types of lubricants. In summary, China Petroleum & Chemical Corp is a major integrated energy giant that offers a wide range of energy and chemical products and services to customers around the world. The company has experienced steady growth in recent years and is expected to continue playing a significant role in the global energy and chemical industry. China Petroleum & Chemical ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding China Petroleum & Chemical's Debt Structure

China Petroleum & Chemical's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing China Petroleum & Chemical's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to China Petroleum & Chemical’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in China Petroleum & Chemical’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about China Petroleum & Chemical Stock

What is the debt of China Petroleum & Chemical this year?

China Petroleum & Chemical has a debt level of 304,393 CNY this year.

What was the debt of China Petroleum & Chemical compared to the previous year?

The debt of China Petroleum & Chemical has increased by 36.85% compared to the previous year increased.

What are the consequences of high debt for investors in China Petroleum & Chemical?

High debt can pose a risk for investors of China Petroleum & Chemical, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of China Petroleum & Chemical?

Low debt means that China Petroleum & Chemical has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from China Petroleum & Chemical affect the company?

An increase in debt of China Petroleum & Chemical can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of China Petroleum & Chemical affect the company?

A reduction in debt of China Petroleum & Chemical can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of China Petroleum & Chemical?

Some factors that can influence the debt of China Petroleum & Chemical include investments, acquisitions, operating costs, and revenue development.

Why are the debts of China Petroleum & Chemical so important for investors?

The debts of China Petroleum & Chemical are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can China Petroleum & Chemical take to change the debt?

To change the debt, China Petroleum & Chemical can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does China Petroleum & Chemical pay?

Over the past 12 months, China Petroleum & Chemical paid a dividend of 0.34 CNY . This corresponds to a dividend yield of about 5.4 %. For the coming 12 months, China Petroleum & Chemical is expected to pay a dividend of 0.35 CNY.

What is the dividend yield of China Petroleum & Chemical?

The current dividend yield of China Petroleum & Chemical is 5.4 %.

When does China Petroleum & Chemical pay dividends?

China Petroleum & Chemical pays a quarterly dividend. This is distributed in the months of July, October, July, October.

How secure is the dividend of China Petroleum & Chemical?

China Petroleum & Chemical paid dividends every year for the past 25 years.

What is the dividend of China Petroleum & Chemical?

For the upcoming 12 months, dividends amounting to 0.35 CNY are expected. This corresponds to a dividend yield of 5.5 %.

In which sector is China Petroleum & Chemical located?

China Petroleum & Chemical is assigned to the 'Energy' sector.

Wann musste ich die Aktien von China Petroleum & Chemical kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of China Petroleum & Chemical from 9/15/2023 amounting to 0.145 CNY, you needed to have the stock in your portfolio before the ex-date on 9/15/2023.

When did China Petroleum & Chemical pay the last dividend?

The last dividend was paid out on 9/15/2023.

What was the dividend of China Petroleum & Chemical in the year 2023?

In the year 2023, China Petroleum & Chemical distributed 0.47 CNY as dividends.

In which currency does China Petroleum & Chemical pay out the dividend?

The dividends of China Petroleum & Chemical are distributed in CNY.

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Andere Kennzahlen von China Petroleum & Chemical

Our stock analysis for China Petroleum & Chemical Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of China Petroleum & Chemical Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.