SEHK:386Oil and Gas
Assessing China Petroleum & Chemical (SEHK:386) Valuation After Recent Share Weakness
Recent share performance and business scale
China Petroleum & Chemical (SEHK:386) has drawn attention after a mixed run for the stock, with a slight decline over the past month and a larger negative move over the past 3 months, set against the backdrop of sizeable operations.
The company reports annual revenue of CN¥2,754.9b and net income of CN¥36,240m, reflecting a large integrated energy and chemicals business across exploration, refining, marketing, distribution and petrochemicals in...