China Petroleum & Chemical Corp Class A (600028) - Total Assets

Latest as of June 2025: CN¥2.14 Trillion CNY

Based on the latest financial reports, China Petroleum & Chemical Corp Class A (600028) holds total assets worth CN¥2.14 Trillion CNY as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

China Petroleum & Chemical Corp Class A - Total Assets Trend (2000–2024)

This chart illustrates how China Petroleum & Chemical Corp Class A's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

China Petroleum & Chemical Corp Class A - Asset Composition Analysis

Current Asset Composition (December 2024)

China Petroleum & Chemical Corp Class A's total assets of CN¥2.14 Trillion consist of 25.2% current assets and 74.8% non-current assets.

Asset Category Amount (CNY) % of Total Assets
Cash & Equivalents CN¥0.00 4.4%
Accounts Receivable CN¥78.23 Billion 3.8%
Inventory CN¥256.60 Billion 12.3%
Property, Plant & Equipment CN¥0.00 0.0%
Intangible Assets CN¥24.08 Billion 1.2%
Goodwill CN¥6.49 Billion 0.3%

Asset Composition Trend (2000–2024)

This chart illustrates how China Petroleum & Chemical Corp Class A's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: China Petroleum & Chemical Corp Class A's current assets represent 25.2% of total assets in 2024, a decrease from 38.6% in 2000.
  • Cash Position: Cash and equivalents constituted 4.4% of total assets in 2024, down from 12.1% in 2000.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, an increase from 0.0% in 2000.
  • Asset Diversification: The largest asset category is inventory at 12.3% of total assets.

China Petroleum & Chemical Corp Class A Competitors by Total Assets

Key competitors of China Petroleum & Chemical Corp Class A based on total assets are shown below.

Company Country Total Assets
Sichuan Shengda Forestry Industry Co Ltd
SHE:002259
China CN¥930.69 Million
Galp Energia Nom
IL:0B67
UK €16.23 Billion
Cosmo Energy Holdings Co. Ltd.
F:2LW
Germany €2.11 Trillion
Guanghui Energy Co Ltd
SHG:600256
China CN¥52.69 Billion
PetroChina Co Ltd Class A
SHG:601857
China CN¥2.85 Trillion
Petronas Gas Bhd
KLSE:6033
Malaysia RM19.69 Billion
Zhongman Petro & Natural Gas
SHG:603619
China CN¥12.68 Billion
Uzma Bhd
KLSE:7250
Malaysia RM1.90 Billion

China Petroleum & Chemical Corp Class A - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.81 0.85 0.92
Quick Ratio 0.45 0.45 0.63
Cash Ratio 0.00 0.00 0.00
Working Capital CN¥-130.84 Billion CN¥-115.67 Billion CN¥-50.66 Billion

China Petroleum & Chemical Corp Class A - Advanced Valuation Insights

This section examines the relationship between China Petroleum & Chemical Corp Class A's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 0.93
Latest Market Cap to Assets Ratio 0.04
Asset Growth Rate (YoY) -3.2%
Total Assets CN¥2.08 Trillion
Market Capitalization $79.04 Billion USD

Valuation Analysis

Below Book Valuation: The market values China Petroleum & Chemical Corp Class A's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: China Petroleum & Chemical Corp Class A's assets decreased by 3.2% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for China Petroleum & Chemical Corp Class A (2000–2024)

The table below shows the annual total assets of China Petroleum & Chemical Corp Class A from 2000 to 2024.

Year Total Assets Change
2024-12-31 CN¥2.08 Trillion -3.19%
2023-12-31 CN¥2.15 Trillion +10.34%
2022-12-31 CN¥1.95 Trillion +3.14%
2021-12-31 CN¥1.89 Trillion +8.97%
2020-12-31 CN¥1.73 Trillion -1.21%
2019-12-31 CN¥1.76 Trillion +10.22%
2018-12-31 CN¥1.59 Trillion -0.20%
2017-12-31 CN¥1.60 Trillion +6.47%
2016-12-31 CN¥1.50 Trillion +3.84%
2015-12-31 CN¥1.44 Trillion -0.57%
2014-12-31 CN¥1.45 Trillion +4.95%
2013-12-31 CN¥1.38 Trillion +9.18%
2012-12-31 CN¥1.27 Trillion +10.67%
2011-12-31 CN¥1.14 Trillion +15.01%
2010-12-31 CN¥995.15 Billion +13.36%
2009-12-31 CN¥877.84 Billion +16.70%
2008-12-31 CN¥752.24 Billion +4.68%
2007-12-31 CN¥718.57 Billion +20.86%
2006-12-31 CN¥594.55 Billion +14.21%
2005-12-31 CN¥520.57 Billion +13.15%
2004-12-31 CN¥460.08 Billion +17.91%
2003-12-31 CN¥390.21 Billion +5.93%
2002-12-31 CN¥368.38 Billion +2.24%
2001-12-31 CN¥360.29 Billion +5.68%
2000-12-31 CN¥340.92 Billion --

About China Petroleum & Chemical Corp Class A

SHG:600028 China Oil & Gas Integrated
Market Cap
$79.04 Billion
CN¥540.11 Billion CNY
Market Cap Rank
#292 Global
#17 in China
Share Price
CN¥5.56
Change (1 day)
-1.77%
52-Week Range
CN¥5.29 - CN¥7.82
All Time High
CN¥7.82
About

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