Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SHANGHAI STOCK EXCHANGE  >  China Petroleum & Chemical Corp    600028   CNE0000018G1

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

China Petroleum & Chemical Corp : Fu Chengyu: "Thrift" Is the Greatest Resource

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/13/2013 | 10:43am CEST

Fu Chengyu, Member of the CPPCC National Committee, Chairman of Sinopec, commented during the panel discussion on the Work Report of the Government on March 5 that currently both the national economy and Sinopec itself are facing the challenges of environment and energy security, which cannot be bypassed. The data of the National Development Reform Commission show that in 2012, China's production of crude oil was 207.48 million tons, an increase of 1.9%; its import of crude oil was 271.09 million tons, an increase of 7.3%; and the apparent consumption of crude oil was 476.13 million tons, an increase of 4.9% over the previous year, showing a dependency rate of 56.4 %. In this regard, Fu Chengyu said: In addition to vigorously developing new energy sources, our greatest resource is actually thrift. If the current energy conversion efficiency is increased by 30%, the energy demanded for achieving the goal of doubling GDP will be met.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CHINA PETROLEUM & CHEMICAL
05/26 CHINA PETROLEUM & CHEMICAL : UDM shows China is backing Russian energy industry
05/26 UDM shows China is backing Russian energy industry
05/26 Sinopec aims to reshape petroleum sector
05/23 UDM shows China is backing Russian energy industry
05/23 Refiner plays down Egypt risks
05/23 Sinopec uses Initiative to reshape petroleum sector
05/23 UDM shows China is backing Russian energy industry
05/23 Refiner plays down Egypt risks
05/23 Sinopec uses Initiative to reshape petroleum sector
05/19 Oiling the wheels of cooperation
More news
Sector news : Oil & Gas Refining and Marketing - NEC
05/26DJVALERO ENERGY : Reports Flaring at Corpus Christi, Texas Refinery
05/26DJBig Investors Weigh Rebuking Exxon on Climate -- WSJ
05/25 SYNCRUDE OIL SANDS PROJECT TO FURTHE : sources
05/25 European shares sputter near highs but OPEC disappointment hits oil stocks
05/25 FTSE steady near highs but Petrofac, Acacia slump on probe woes
More sector news : Oil & Gas Refining and Marketing - NEC
News from SeekingAlpha
05/25 REUTERS : Syncrude to further cut shipments in May and June
05/25 Sinopec starts building China's largest gas storage site
05/22 China wants more private investment for state-owned energy companies
05/13 Value Blend Staying Above Water In 2017, But Trailing The Benchmark - Large A..
05/12 Thank Goodness For Large Caps - Value Blend Large Cap YTD Update
Advertisement
Financials ( CNY)
Sales 2017 2 211 691 M
EBIT 2017 85 174 M
Net income 2017 49 829 M
Debt 2017 68 839 M
Yield 2017 3,97%
P/E ratio 2017 13,93
P/E ratio 2018 12,58
EV / Sales 2017 0,36x
EV / Sales 2018 0,33x
Capitalization 730 196 M
More Financials
Chart CHINA PETROLEUM & CHEMICAL
Duration : Period :
China Petroleum & Chemical Technical Analysis Chart | 600028 | CNE0000018G1 | 4-Traders
Full-screen chart
Technical analysis trends CHINA PETROLEUM &...
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 6,81  CNY
Spread / Average Target 11%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Hou Liang Dai Vice Chairman & President
Yu Pu Wang Chairman
Dehua Wang Chief Financial Officer
Zhi Gang Wang Executive Director & Senior Vice President
Hai Chao Zhang Executive Director & Senior Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CHINA PETROLEUM & CHEM..13.49%106 560
EXXON MOBIL CORPORATIO..-9.43%345 549
BP PLC-6.88%120 826
SAUDI BASIC INDUSTRIES..--.--%78 406
RELIANCE INDUSTRIES LI..23.90%67 466
SUNCOR ENERGY INC.-3.97%52 859
More Results