China Petroleum & Chemical Corporation
China Petroleum & Chemical Corporation, an energy and chemical company, engages in the oil and gas and chemical operations in Mainland China. It operates through Exploration and Production, Refining, Marketing and Distribution, Chemicals, and Corporate and Others segments. The company explores and develops oil fields; produces natural gas; produces, processes, purifies, imports, and trades in cru… Read more
China Petroleum & Chemical Corporation (CHU) - Net Assets
Latest net assets as of June 2025: €981.51 Billion EUR
Based on the latest financial reports, China Petroleum & Chemical Corporation (CHU) has net assets worth €981.51 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.14 Trillion) and total liabilities (€1.16 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €981.51 Billion |
| % of Total Assets | 45.81% |
| Annual Growth Rate | 4.15% |
| 5-Year Change | 10.11% |
| 10-Year Change | 23.34% |
| Growth Volatility | 5.79 |
China Petroleum & Chemical Corporation - Net Assets Trend (2013–2024)
This chart illustrates how China Petroleum & Chemical Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Petroleum & Chemical Corporation (2013–2024)
The table below shows the annual net assets of China Petroleum & Chemical Corporation from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €972.15 Billion | +1.71% |
| 2023-12-31 | €955.81 Billion | +2.09% |
| 2022-12-31 | €936.24 Billion | +2.31% |
| 2021-12-31 | €915.07 Billion | +3.65% |
| 2020-12-31 | €882.86 Billion | +0.80% |
| 2019-12-31 | €875.84 Billion | +2.25% |
| 2018-12-31 | €856.53 Billion | +0.43% |
| 2017-12-31 | €852.89 Billion | +2.61% |
| 2016-12-31 | €831.24 Billion | +5.47% |
| 2015-12-31 | €788.16 Billion | +22.09% |
| 2014-12-31 | €645.58 Billion | +3.85% |
| 2013-12-31 | €621.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Petroleum & Chemical Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 16.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €376.69 Billion | 46.17% |
| Other Components | €439.12 Billion | 53.83% |
| Total Equity | €815.82 Billion | 100.00% |
China Petroleum & Chemical Corporation Competitors by Market Cap
The table below lists competitors of China Petroleum & Chemical Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CENOVUS ENERGY PFD SR.1
F:CXD0
|
$18.70 Billion |
|
Pernod Ricard SA
PINK:PDRDF
|
$18.72 Billion |
|
Amcor PLC
NYSE:AMCR
|
$18.72 Billion |
|
UNIVERSAL MUSIC GROUP EO1
F:0VD
|
$18.76 Billion |
|
Labcorp Holdings Inc.
MX:LH
|
$18.69 Billion |
|
Formula One Group
PINK:FWONB
|
$18.69 Billion |
|
Burlington Stores Inc
NYSE:BURL
|
$18.67 Billion |
|
DENSO
F:DNO
|
$18.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Petroleum & Chemical Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 802,989,000,000 to 815,815,000,000, a change of 12,826,000,000 (1.6%).
- Net income of 48,939,000,000 contributed positively to equity growth.
- Dividend payments of 42,108,000,000 reduced retained earnings.
- Share repurchases of 2,131,000,000 reduced equity.
- New share issuances of 11,995,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €48.94 Billion | +6.0% |
| Dividends Paid | €42.11 Billion | -5.16% |
| Share Repurchases | €2.13 Billion | -0.26% |
| Share Issuances | €11.99 Billion | +1.47% |
| Other Changes | €-3.87 Billion | -0.47% |
| Total Change | €- | 1.60% |
Book Value vs Market Value Analysis
This analysis compares China Petroleum & Chemical Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.08x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €6.00 | €0.54 | x |
| 2018-12-31 | €5.92 | €0.54 | x |
| 2019-12-31 | €6.10 | €0.54 | x |
| 2020-12-31 | €6.12 | €0.54 | x |
| 2021-12-31 | €6.39 | €0.54 | x |
| 2022-12-31 | €6.54 | €0.54 | x |
| 2023-12-31 | €6.73 | €0.54 | x |
| 2024-12-31 | €6.73 | €0.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Petroleum & Chemical Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.59%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 2.55x
- Recent ROE (6.00%) is below the historical average (7.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.63% | 2.30% | 2.08x | 2.43x | €9.25 Billion |
| 2014 | 7.86% | 1.65% | 1.95x | 2.45x | €-12.67 Billion |
| 2015 | 4.81% | 1.61% | 1.40x | 2.14x | €-35.11 Billion |
| 2016 | 6.56% | 2.42% | 1.29x | 2.11x | €-24.43 Billion |
| 2017 | 7.06% | 2.17% | 1.48x | 2.20x | €-21.37 Billion |
| 2018 | 8.59% | 2.13% | 1.82x | 2.22x | €-10.11 Billion |
| 2019 | 7.79% | 1.94% | 1.69x | 2.38x | €-16.35 Billion |
| 2020 | 4.44% | 1.56% | 1.21x | 2.34x | €-41.23 Billion |
| 2021 | 9.30% | 2.63% | 1.45x | 2.44x | €-5.44 Billion |
| 2022 | 8.43% | 1.99% | 1.70x | 2.48x | €-12.32 Billion |
| 2023 | 7.26% | 1.82% | 1.59x | 2.52x | €-21.99 Billion |
| 2024 | 6.00% | 1.59% | 1.48x | 2.55x | €-32.64 Billion |
Industry Comparison
This section compares China Petroleum & Chemical Corporation's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $7,480,330,222,833
- Average return on equity (ROE) among peers: -9.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Petroleum & Chemical Corporation (CHU) | €981.51 Billion | 11.63% | 1.18x | $18.69 Billion |
| Quadrise Fuels International plc (8QF) | $10.39 Million | -41.01% | 0.03x | $30.14 Million |
| Ecopetrol S.A (ECHA) | $43.56 Trillion | 5.62% | 1.76x | $22.62 Billion |
| Edison S.p.A. (EDXR) | $6.05 Billion | 2.50% | 1.87x | $19.81K |
| Eni S.p.A (ENI1) | $44.82 Billion | 13.67% | 2.08x | $56.76 Billion |
| PetroChina Company Limited (PC6) | $1.27 Trillion | 10.21% | 0.84x | $37.08 Billion |
| QI7 (QI7) | $663.95 Million | -49.03% | 4.26x | $717.83 Million |