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MarketScreener Homepage  >  Equities  >  Hong Kong Stock Exchange  >  China Petroleum & Chemical Corporation    386   CNE1000002Q2

CHINA PETROLEUM & CHEMICAL CORPORATION

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China's Sinopec starts ethylene production at new Zhanjiang refinery

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10/12/2020 | 06:29am EDT
FILE PHOTO: Man stands next to a logo of Sinopec at an expo on rubber technology in Shanghai

BEIJING (Reuters) - China's Sinopec has started operation of a 800,000 tonne-per-year ethylene facility at its Zhanjiang refinery, the company said in a statement on Monday.

The refinery, located in the southern Chinese coastal city of Zhanjiang, commenced operation of its 200,000 barrel per day crude oil refining units in June.

(Reporting by Muyu Xu in Beijing and Chen Aizhu in Singapore; Editing by Edmund Blair)


Stocks mentioned in the article
ChangeLast1st jan.
CHINA PETROLEUM & CHEMICAL CORPORATION -1.88% 3.14 End-of-day quote.-33.05%
LONDON BRENT OIL -1.82% 39.86 Delayed Quote.-37.71%
WTI -2.30% 37.955 Delayed Quote.-36.11%
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Financials
Sales 2020 2 320 B 345 B 345 B
Net income 2020 26 247 M 3 908 M 3 908 M
Net Debt 2020 52 000 M 7 742 M 7 742 M
P/E ratio 2020 17,3x
Yield 2020 6,82%
Capitalization 440 B 65 630 M 65 527 M
EV / Sales 2020 0,21x
EV / Sales 2021 0,16x
Nbr of Employees 402 206
Free-Float 29,5%
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Technical analysis trends CHINA PETROLEUM & CHEMICAL CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 3,94 CNY
Last Close Price 2,72 CNY
Spread / Highest target 103%
Spread / Average Target 45,0%
Spread / Lowest Target 17,4%
EPS Revisions
Managers
NameTitle
Yong Sheng Ma President, General Manager & Executive Director
Dong Zhao Chairman-Supervisory Board
Yu Zhuo Zhang Chairman
Donghua Shou Chief Financial Officer
Zhen Ying Jiang Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
CHINA PETROLEUM & CHEMICAL CORPORATION-33.05%65 630
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EXXON MOBIL CORPORATION-52.97%141 012
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NESTE OYJ53.06%43 083
PTT-27.27%29 458