Last CNY5.24 CNY
Change Today -0.02 / -0.38%
Volume 51.8M
600028 On Other Exchanges
Symbol
Exchange
Hong Kong
Shanghai
New York
OTC US
Munich
Mexico
Frankfurt
As of 3:05 AM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

china petroleum & chemical-a (600028) Snapshot

Open
CNY5.24
Previous Close
CNY5.26
Day High
CNY5.28
Day Low
CNY5.20
52 Week High
02/27/14 - CNY5.58
52 Week Low
06/26/13 - CNY4.05
Market Cap
621.6B
Average Volume 10 Days
93.2M
EPS TTM
CNY0.58
Shares Outstanding
91.3B
EX-Date
--
P/E TM
9.0x
Dividend
CNY0.30
Dividend Yield
4.65%
Current Stock Chart for CHINA PETROLEUM & CHEMICAL-A (600028)

china petroleum & chemical-a (600028) Related Businessweek News

View More BusinessWeek News

china petroleum & chemical-a (600028) Details

China Petroleum & Chemical Corporation, an energy and chemical company, through its subsidiaries, is engaged in the oil and gas, and chemical operations in the People’s Republic of China. Its Exploration and Production segment explores and develops oil fields, and produces, and sells crude oil and natural gas. The company’s Refining segment processes and purifies crude oil, and manufactures and sells petroleum products. This segment’s products comprise gasoline, kerosene, diesel, and chemical feedstock. Its Marketing and Distribution segment owns and operates oil departments and service stations; and distributes and sells refined petroleum products, such as gasoline and diesel through wholesale and retail sales networks. The company’s Chemicals segment manufactures and sells petrochemical products, including intermediates, synthetic resin, synthetic fiber monomers and polymers, synthetic fiber, synthetic rubber and chemical fertilizer, etc.; derivative petrochemical products; and other chemical products. It is also involved in the pipeline transportation of petroleum and natural gas. The company was founded in 2000 and is based in Beijing, the People’s Republic of China. China Petroleum & Chemical Corporation is a subsidiary of China Petrochemical Corporation.

368,953 Employees
Last Reported Date: 03/23/14
Founded in 2000

china petroleum & chemical-a (600028) Top Compensated Officers

President, Executive Director, Member of Stra...
Total Annual Compensation: CNY936.0K
Senior Vice President, Executive Director and...
Total Annual Compensation: CNY936.0K
Senior Vice President, Executive Director and...
Total Annual Compensation: CNY936.0K
Senior Vice President, Executive Director and...
Total Annual Compensation: CNY936.0K
Senior Vice President, Executive Director and...
Total Annual Compensation: CNY932.0K
Compensation as of Fiscal Year 2013.

china petroleum & chemical-a (600028) Key Developments

Sinopec Reportedly Invited Banks To Handle The Potential Listing/Sale Of Retail Assets

China Petroleum & Chemical Corp. (SEHK:386) (Sinopec ) has invited banks to pitch for handling the sale of part of its retail assets of thousands of gas stations and convenience stores, sources familiar with the matter said. Sinopec is looking to complete a private sale of part of its retail assets or list a stake in the division, the sources said. Banks have been asked to submit proposals by this week. Sinopec said earlier this year that it plans to introduce partners into its retail business by June 2014. Sinopec said it would allow outsiders to own up to 30% of the retail business, worth more than $20 billion, according to Barclays. Potential investors could include supermarket operators. Sinopec could list the unit, the sources said, but there is no time frame or listing venue. Sinopec couldn’t immediately be reached for comment by Shenzhen Daily.

BASF and Sinopec Inaugurate Two New Plants for Acrylic Acid and Superabsorbent Polymers

BASF and Sinopec inaugurated two new plants for acrylic acid and superabsorbent polymers (SAP) at their Verbund site, BASF-YPC Co. Ltd., a 50-50 joint venture in Nanjing, China. Additionally, a new butyl acrylate plant will begin production later this year. The new plants will further strengthen the C3 (propylene) value chain and serve the growing downstream demand. With an annual capacity of 60,000 metric tons, the new SAP plant will serve growing demand in China for baby diapers, adult incontinence products and feminine care products. BASF's 'Verbund' system creates efficient value chains that extend from basic chemicals right through to high-value-added products. In addition, the by-products of one plant can be used as the starting materials of another. At the BASF-YPC Verbund site in Nanjing, SAP, butyl acrylate and acrylic acid production will be backward integrated into the manufacturing of C3. This ensures greater supply reliability, energy efficiency, and cost effectiveness, while minimizing energy use and environmental impact.

China Petroleum & Chemical Corp. Planning IPO For Retail Unit

China Petroleum & Chemical Corp. (SEHK:386) plans to do an IPO for its retail unit after bringing in private investors through a private share placement. The company recently said it planned to sell 30% of its retail unit. China Petroleum & Chemical is said to have selected Goldman Sachs to advise it on a retail sale. The deal will be worth about $30 billion, while the proportion of the private placement and the IPO has not been decided yet, according to a source familiar with the situation.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
600028:CH CNY5.24 CNY -0.02

600028 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
BP PLC 482.05 GBp +3.55
Eni SpA €18.81 EUR +0.12
Rosneft OAO 228.45 RUB +2.86
PetroChina Co Ltd CNY7.65 CNY +0.02
Royal Dutch Shell PLC 2,244 GBp +19.00
View Industry Companies
 

Industry Analysis

600028

Industry Average

Valuation 600028 Industry Range
Price/Earnings 9.4x
Price/Sales 0.2x
Price/Book 1.0x
Price/Cash Flow 3.1x
TEV/Sales 0.0x
 | 

Post a JobJobs

View all jobs

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CHINA PETROLEUM & CHEMICAL-A, please visit www.sinopec.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.