Financials China Petroleum & Chemical Corporation

Equities

Market Closed - Hong Kong S.E. Other stock markets 03:08:06 2024-12-02 am EST			5-day change	1st Jan Change
4.160 ^HKD	0.00%		+0.97%	+1.71%

Nov. 23	Tranche Update on China Petroleum & Chemical Corporation's Equity Buyback Plan announced on September 19, 2024.	CI
Nov. 22	China Petroleum & Chemical Corporation's Equity Buyback announced on September 19, 2024, has closed with 130,146,195 shares, representing 0.11% for CNY 816 million.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	2,970,000	2,110,000	2,740,884	3,318,168	3,212,215	3,222,533	3,170,123	3,232,583
Change	-	-28.96%	29.9%	21.06%	-3.19%	0.32%	-1.63%	1.97%
EBITDA ¹	182,764	144,483	215,122	192,560	185,665	204,107	217,195	229,646
Change	-	-20.95%	48.89%	-10.49%	-3.58%	9.93%	6.41%	5.73%
EBIT ¹	86,198	50,331	112,414	96,414	86,744	84,876	93,612	101,600
Change	-	-41.61%	123.35%	-14.23%	-10.03%	-2.15%	10.29%	8.53%
Interest Paid ¹	-9,967	-9,506	-9,010	-9,974	-9,922	-11,315	-11,970	-11,959
Earnings before Tax (EBT) ¹	90,016	47,969	108,348	94,515	86,116	85,341	94,385	102,893
Change	-	-46.71%	125.87%	-12.77%	-8.89%	-0.9%	10.6%	9.01%
Net income ¹	57,465	33,100	71,208	66,302	60,463	57,765	62,923	69,016
Change	-	-42.4%	115.13%	-6.89%	-8.81%	-4.46%	8.93%	9.68%
Announcement Date	3/29/20	3/28/21	3/27/22	3/26/23	3/24/24	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	752,820	-	-	-	551,400	576,982	684,621	741,747	737,534	771,386	840,740	841,196	864,846	791,331	802,351	876,259	742,274	789,967	786,164	790,410	759,398
Change	-	-100%	-	-	-	4.64%	18.66%	8.34%	-0.57%	4.59%	8.99%	0.05%	2.81%	-8.5%	1.39%	9.21%	-15.29%	6.43%	-0.48%	0.54%	-3.92%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT ¹	17,858	-26,305	582	-	-	30,280	29,408	30,436	18,116	33,777	30,424	14,576	17,637	31,090	21,262	26,236	9,842	27,325	23,701	12,570	17,438
Change	-	-	-	-100%	-	-	-2.88%	3.5%	-40.48%	86.45%	-9.93%	-52.09%	21%	76.28%	-31.61%	23.39%	-62.49%	177.64%	-13.26%	-46.96%	38.73%
Charge d'intérêts	-2,177	-	-4,596	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	21,684	-28,561	1,918	-	-	-	-	-	14,605	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-100%	-	-	-	-	-	-100%	-	-	-	-	-	-	-	-	-	-	-
Net income	13,239	-19,782	-1,943	46,389	8,641	-	-	20,727	11,316	23,338	21,113	13,130	-	20,740	14,371	-	-	18,721	18,358	8,544	-
Change	-	-	-90.18%	-	-81.37%	-100%	-	-	-45.4%	106.24%	-9.53%	-37.81%	-100%	-	-30.71%	-100%	-	-	-1.94%	-53.46%	-100%
Announcement Date	3/29/20	4/29/20	8/31/20	10/28/20	3/28/21	4/28/21	8/29/21	10/28/21	3/27/22	4/27/22	8/28/22	10/28/22	3/26/23	4/27/23	8/27/23	10/26/23	3/24/24	4/28/24	8/25/24	10/28/24	-

¹CNY in Million

Estimates

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2021 S2	2023 S1	2024 S1
Net sales	-	1,071,738	-	1,479,281	-	-
Change	-	-	-100%	-	-100%	-
EBITDA	-	-	-	-	-	-
Change	-	-	-	-	-	-
EBIT ¹	-27,723	78,054	-	-	53,696	51,021
Change	-	-	-100%	-	-	-4.98%
Charge d'intérêts	-7,407	-	-	-	-	-
Earnings before Tax (EBT)	-28,012	75,981	-	-	-	-
Change	-	-	-100%	-	-	-
Net income ¹	-22,882	54,821	39,954	-	35,111	37,079
Change	-	-	-27.12%	-100%	-	5.61%
Announcement Date	8/31/20	3/28/21	8/29/21	3/27/22	8/27/23	8/25/24

¹CNY in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-37,949	-57,348	-73,982	47,066	113,172	358,833	352,142	333,743
Change	-	-251.12%	-229.01%	-36.38%	140.45%	217.07%	-1.86%	-5.22%
Announcement Date	3/29/20	3/28/21	3/27/22	3/26/23	3/24/24	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	141,142	128,533	143,443	172,315	166,130	170,521	156,908	151,008
Change	-	-8.93%	11.6%	20.13%	-3.59%	2.64%	-7.98%	-3.76%
Free Cash Flow (FCF) ¹	32,957	38,985	81,731	-56,046	-4,655	11,113	34,799	57,259
Change	-	18.29%	109.65%	-168.57%	-91.69%	-338.73%	213.13%	64.54%
Announcement Date	3/29/20	3/28/21	3/27/22	3/26/23	3/24/24	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	6.15%	6.85%	7.85%	5.8%	5.78%	6.33%	6.85%	7.1%
EBIT Margin (%)	2.9%	2.39%	4.1%	2.91%	2.7%	2.63%	2.95%	3.14%
EBT Margin (%)	3.03%	2.27%	3.95%	2.85%	2.68%	2.65%	2.98%	3.18%
Net margin (%)	1.93%	1.57%	2.6%	2%	1.88%	1.79%	1.98%	2.13%
FCF margin (%)	1.11%	1.85%	2.98%	-1.69%	-0.14%	0.34%	1.1%	1.77%
FCF / Net Income (%)	57.35%	117.78%	114.78%	-84.53%	-7.7%	19.24%	55.3%	82.97%
Profitability
ROA	3.43%	1.88%	3.93%	3.45%	3.05%	3.13%	3.04%	3.19%
ROE	7.89%	4.44%	9.35%	8.5%	7.59%	6.89%	7.23%	7.67%
Financial Health
Leverage (Debt/EBITDA)	-	-	-	0.24x	0.61x	1.76x	1.62x	1.51x
Debt / Free cash flow	-	-	-	-0.84x	-24.31x	32.29x	10.12x	5.89x
Capital Intensity
CAPEX / Current Assets (%)	4.75%	6.09%	5.23%	5.19%	5.17%	5.29%	4.95%	4.67%
CAPEX / EBITDA (%)	77.23%	88.96%	66.68%	89.49%	89.48%	83.54%	72.24%	67.74%
CAPEX / FCF (%)	428.26%	329.7%	175.51%	-307.45%	-3,568.85%	1,534.41%	450.9%	263.73%
Items per share
Cash flow per share ¹	1.27	1.384	1.86	0.9618	1.348	1.692	1.641	1.926
Change	-	8.94%	34.42%	-48.28%	40.15%	25.53%	-3.05%	17.41%
Dividend per Share ¹	0.31	0.2	0.47	0.355	0.345	0.3311	0.3668	0.3947
Change	-	-35.48%	135%	-24.47%	-2.82%	-4.03%	10.79%	7.6%
Book Value Per Share ¹	6.105	6.124	6.394	6.545	6.728	6.849	7.079	7.327
Change	-	0.31%	4.41%	2.36%	2.8%	1.81%	3.35%	3.52%
EPS ¹	0.475	0.273	0.594	0.547	0.487	0.5074	0.5454	0.5873
Change	-	-42.53%	117.58%	-7.91%	-10.97%	4.2%	7.47%	7.7%
Nbr of stocks (in thousands)	121,071,210	121,071,210	121,071,210	119,896,408	119,349,252	121,317,360	121,317,360	121,317,360
Announcement Date	3/29/20	3/28/21	3/27/22	3/26/23	3/24/24	-	-	-