China Petroleum & Chemical Corporation

OTCPK:SNPT.Y Stock Report

Market Cap: US$74.8b

China Petroleum & Chemical Balance Sheet Health

Financial Health criteria checks 4/6

China Petroleum & Chemical has a total shareholder equity of CN¥924.6B and total debt of CN¥229.9B, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are CN¥2,050.5B and CN¥1,125.9B respectively. China Petroleum & Chemical's EBIT is CN¥107.0B making its interest coverage ratio 41.6. It has cash and short-term investments of CN¥217.7B.

Key information


Debt to equity ratio



Interest coverage ratio41.6x
Total liabilitiesCN¥1.13t
Total assetsCN¥2.05t

Recent financial health updates

Recent updates

China Petroleum & Chemical GAAP EPS of RMB 0.36

Aug 29

China Petroleum & Chemical intends to delist ADS from NYSE

Aug 12

Sinopec: Cheap For A Reason

Jul 26

Sinopec Is Deeply Undervalued At Its Current Stock Price

Dec 16

Sinopec Is Exceptionally Cheap

Sep 23

Sinopec: Positive On H1 Profit Guidance But Wary Of Potential Headwinds

Jul 12

China Petroleum & Chemical reports Q1 results

Apr 28

Sinopec: Special Dividends And Geopolitical Risks In The Spotlight

Jan 14

Sinopec Has Further Upside, Despite Its Recent Rally

Jan 13

Sinopec: Refining Business Turnaround And Pipeline Asset Sales Boosted Q3 Results

Nov 01

Sinopec swings to quarterly profit on strong refining business

Oct 28

Financial Position Analysis

Short Term Liabilities: SNPT.Y's short term assets (CN¥677.4B) do not cover its short term liabilities (CN¥784.9B).

Long Term Liabilities: SNPT.Y's short term assets (CN¥677.4B) exceed its long term liabilities (CN¥341.0B).

Debt to Equity History and Analysis

Debt Level: SNPT.Y's net debt to equity ratio (1.3%) is considered satisfactory.

Reducing Debt: SNPT.Y's debt to equity ratio has increased from 21.8% to 24.9% over the past 5 years.

Debt Coverage: SNPT.Y's debt is well covered by operating cash flow (72.9%).

Interest Coverage: SNPT.Y's interest payments on its debt are well covered by EBIT (41.6x coverage).

Balance Sheet

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