China Petroleum Chemical Stock Net Income

600028 Stock   6.40  0.02  0.31%   
China Petroleum Chemical fundamentals help investors to digest information that contributes to China Petroleum's financial success or failures. It also enables traders to predict the movement of China Stock. The fundamental analysis module provides a way to measure China Petroleum's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to China Petroleum stock.
Last ReportedProjected for Next Year
Net Income From Continuing Ops67.9 B66.5 B
Net Income Applicable To Common Shares76.1 B52.4 B
Net Income58.3 B53.5 B
As of November 28, 2024, Net Income From Continuing Ops is expected to decline to about 66.5 B. In addition to that, Net Income Applicable To Common Shares is expected to decline to about 52.4 B.
  
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China Petroleum Chemical Company Net Income Analysis

China Petroleum's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current China Petroleum Net Income

    
  58.31 B  
Most of China Petroleum's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, China Petroleum Chemical is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

China Operating Income

Operating Income

83.8 Billion

At present, China Petroleum's Operating Income is projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, China Petroleum Chemical reported net income of 58.31 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net income for all China stocks is significantly lower than that of the firm.

China Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses China Petroleum's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of China Petroleum could also be used in its relative valuation, which is a method of valuing China Petroleum by comparing valuation metrics of similar companies.
China Petroleum is currently under evaluation in net income category among its peers.

China Fundamentals

About China Petroleum Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze China Petroleum Chemical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of China Petroleum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of China Petroleum Chemical based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in China Stock

China Petroleum financial ratios help investors to determine whether China Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in China with respect to the benefits of owning China Petroleum security.