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

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

End-of-day quote. End-of-day quote  - 08/23
4.95 CNY   +0.20%
08/23DJAnbang Insurance Plans IPO of Life-Insurance Unit
08/12 China Bourse Poised To Halt Losing Streak
08/11DJAsian Shares Slide on Slumping Oil Prices
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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
08/23DJAnbang Insurance Plans IPO of Life-Insurance Unit
08/12 China Bourse Poised To Halt Losing Streak
08/11DJAsian Shares Slide on Slumping Oil Prices
08/10 CHINA PETROLEUM & CHEMICAL : Sinopec Studies Terms of BP's Plan Quitting JV
08/10 BP seeks buyers for petrochem JV stake
08/10 BP seeks buyers for petrochem JV stake
08/09 CHINA PETROLEUM & CHEMICAL : Sinopec studying BP's terms for SECCO JV exit plan
08/08 CHINA PETROLEUM & CHEMICAL : Oil Giants Shift Focus to Gas
08/07 CHINA PETROLEUM & CHEMICAL : NIOC, Sinopec abort Garmsar joint contract
08/05 CHINA PETROLEUM & CHEMICAL : Sinopec natural gas pipeline sell-off to raise bill..
More news
Sector news : Oil & Gas Refining and Marketing - NEC
08/23DJOil Pipeline Project to Remain Stalled at Missouri River
08/23DJOil Pipeline Project to Remain Stalled at Missouri River
08/23DJAnbang Insurance Plans IPO of Life-Insurance Unit
08/23 BP : unit selling up to $261 million stake in Castrol India - termsheet
08/23 India's Idea Cellular denies report on merger talks with Vodafone
More sector news : Oil & Gas Refining and Marketing - NEC
News from SeekingAlpha
07/13 Chinese exports of refined fuels jumped 38% Y/Y in June
06/30 Sinopec subsidiaries inflated 2014 revenue and costs by $3B, audit says
06/27 WALL STREET BREAKFAST : Markets Struggle With Brexit Hangover
06/26 Russia, China boost energy ties
06/17 Repsol faces $5.5B arbitration claim from Sinopec
Advertisement
Financials ( CNY)
Sales 2016 2 045 057 M
EBIT 2016 55 514 M
Net income 2016 29 522 M
Debt 2016 141 239 M
Yield 2016 2,80%
P/E ratio 2016 18,79
P/E ratio 2017 13,17
EV / Sales 2016 0,36x
EV / Sales 2017 0,32x
Capitalization 594 640 M
More Financials
Chart CHINA PETROLEUM & CHEMICAL
Duration : Period :
China Petroleum & Chemical Technical Analysis Chart | 600028 | CNE0000018G1 | 4-Traders
Full-screen chart
Technical analysis trends CHINA PETROLEUM &...
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 5,97  CNY
Spread / Average Target 21%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Chun Guang Li President & Executive Director
Bin Xu Chairman-Supervisory Board
Yu Pu Wang Chairman
Ke Hua Zhang Vice President & Director General-Engineering
Tian Pu Wang Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CHINA PETROLEUM & CHEM..0.40%89 493
EXXON MOBIL CORPORATIO..12.88%364 864
ROYAL DUTCH SHELL A5.05%205 227
BP PLC22.70%105 083
SAUDI BASIC INDUSTRIES..--.--%67 014
RELIANCE INDUSTRIES LI..0.29%48 919
More Results