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China Petroleum & Chemical EBIT 2024

China Petroleum & Chemical EBIT

105.41 B CNY

China Petroleum & Chemical Dividend yield

Ticker

600028.SS

ISIN

CNE0000018G1

In 2024, China Petroleum & Chemical's EBIT was 105.41 B CNY, a 19.52% increase from the 88.19 B CNY EBIT recorded in the previous year.

The China Petroleum & Chemical EBIT history

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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.

EBIT Details

Analyzing China Petroleum & Chemical's EBIT

China Petroleum & Chemical's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of China Petroleum & Chemical's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

China Petroleum & Chemical's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in China Petroleum & Chemical’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about China Petroleum & Chemical Stock

How much did China Petroleum & Chemical achieve in EBIT for the current year?

In the current year, China Petroleum & Chemical has achieved an EBIT of 105.41 B CNY.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company China Petroleum & Chemical.

How has the EBIT of China Petroleum & Chemical developed in recent years?

The EBIT of China Petroleum & Chemical has increased by 19.524% increased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company China Petroleum & Chemical?

The EBIT of China Petroleum & Chemical is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does China Petroleum & Chemical pay?

Over the past 12 months, China Petroleum & Chemical paid a dividend of . This corresponds to a dividend yield of about . 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 .

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 24 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 5.46 %.

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.