China Petroleum & Chemical Revenue 2024

China Petroleum & Chemical Revenue

3.4 T CNY

China Petroleum & Chemical Dividend yield

Ticker

600028.SS

ISIN

CNE0000018G1

In 2024, China Petroleum & Chemical's sales reached 3.4 T CNY, a 5.9% difference from the 3.21 T CNY sales recorded in the previous year.

The China Petroleum & Chemical Revenue history

YEARREVENUE (undefined CNY)GROSS MARGIN (%)
2028e--
2027e--
2026e--
2025e--
2024e--
2023--
2022--
2021--
2020--
2019--
2018--
2017--
2016--
2015--
2014--
2013--
2012--
2011--
2010--
2009--
2008--
2007--
2006--
2005--
2004--

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.

Revenue Details

Understanding China Petroleum & Chemical's Sales Figures

The sales figures of China Petroleum & Chemical originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing China Petroleum & Chemical’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize China Petroleum & Chemical's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in China Petroleum & Chemical’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about China Petroleum & Chemical Stock

How much revenue did China Petroleum & Chemical generate this year?

China Petroleum & Chemical has achieved a revenue of 3.4 T CNY this year.

How much was the turnover of the company China Petroleum & Chemical compared to the previous year?

The revenue of China Petroleum & Chemical has increased by 5.9% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of China Petroleum & Chemical?

The revenue of China Petroleum & Chemical is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of China Petroleum & Chemical measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of China Petroleum & Chemical so important for investors?

The revenue of China Petroleum & Chemical is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

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 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 5.46 %.

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.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

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.