China Petroleum & Chemical ROCE 2024

China Petroleum & Chemical ROCE

0.11

China Petroleum & Chemical Dividend yield

5.36 %

Ticker

600028.SS

ISIN

CNE0000018G1

In 2024, China Petroleum & Chemical's return on capital employed (ROCE) was 0.11, a -11.72% increase from the 0.12 ROCE 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.

ROCE Details

Unraveling China Petroleum & Chemical's Return on Capital Employed (ROCE)

China Petroleum & Chemical's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing China Petroleum & Chemical's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

China Petroleum & Chemical's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in China Petroleum & Chemical’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about China Petroleum & Chemical Stock

What is the ROCE (Return on Capital Employed) of China Petroleum & Chemical this year?

The ROCE of China Petroleum & Chemical is 0.11 undefined this year.

How has the ROCE (Return on Capital Employed) of China Petroleum & Chemical developed compared to the previous year?

The ROCE of China Petroleum & Chemical has increased by -11.72% decreased compared to the previous year.

What does a high ROCE (Return on Capital Employed) mean for investors of China Petroleum & Chemical?

A high Return on Capital Employed (ROCE) indicates that China Petroleum & Chemical has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.

What does a low ROCE (Return on Capital Employed) mean for investors of China Petroleum & Chemical?

A low ROCE (Return on Capital Employed) can indicate that China Petroleum & Chemical has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.

How does an increase in ROCE from China Petroleum & Chemical impact the company?

An increase in the ROCE of China Petroleum & Chemical can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.

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

A decrease in ROCE of China Petroleum & Chemical can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.

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

Some factors that can affect China Petroleum & Chemical's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.

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

The ROCE of China Petroleum & Chemical is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.

What strategic measures can China Petroleum & Chemical take to improve the ROCE?

To improve the ROCE, China Petroleum & Chemical can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.

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 5.36 %. 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 5.36 %.

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 5.47 %.

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.