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    386   CNE1000002Q2

CHINA PETROLEUM & CHEMICAL CORPORATION

(386)
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China Petroleum & Chemical Corporation Announces Board Change

11/29/2021 | 04:18am EST

The board of directors of China Petroleum & Chemical Corporation announces that with effect from 29 November 2021, (1) Mr. Ma Yongsheng has been appointed as the Chairman of the Eighth Session of the Board and has been re-designated as a Non-executive Director of the Company; (2) Mr. Ma Yongsheng has tendered his resignation as the President of the Company due to change of working arrangement and Mr. Yu Baocai has been appointed as the President and authorised representative of the Company. Ma Yongsheng, aged 60. Mr. Ma is a professor level senior engineer with a Ph.D. degree. Mr. Ma is a member of the 13th National Committee of Chinese People's Political Consultative Conference ("CPPCC") and an academician of the Chinese Academy of Engineering. In April 2002, he was appointed as Chief Geologist of Sinopec Southern Exploration and Production Company; Yu Baocai, aged 56. Mr. Yu is a senior engineer with a master's degree in economics. In September 1999, Mr. Yu was appointed as Deputy General Manager of Daqing Petrochemical Company; in December 2001, he was appointed as General Manager and Deputy Secretary of CPC Committee of Daqing Petrochemical Company; in September 2003, he was appointed as General Manager and Secretary of CPC Committee of Lanzhou Petrochemical Company.


ę S&P Capital IQ 2021
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Financials
Sales 2021 2 679 B 423 B 423 B
Net income 2021 75 144 M 11 870 M 11 870 M
Net cash 2021 52 878 M 8 353 M 8 353 M
P/E ratio 2021 6,54x
Yield 2021 8,80%
Capitalization 608 B 78 145 M 96 102 M
EV / Sales 2021 0,21x
EV / Sales 2022 0,20x
Nbr of Employees 384 065
Free-Float -
Chart CHINA PETROLEUM & CHEMICAL CORPORATION
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China Petroleum & Chemical Corporation Technical Analysis Chart | MarketScreener
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Technical analysis trends CHINA PETROLEUM & CHEMICAL CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 19
Last Close Price 4,13 CNY
Average target price 4,23 CNY
Spread / Average Target 2,50%
EPS Revisions
Managers and Directors
Bao Cai Yu President & Executive Director
Dong Hua Shou Chief Financial Officer
Yong Sheng Ma Chairman
Shao Feng Zhang Chairman-Supervisory Board
Hong Bin Cai Independent Non-Executive Director
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