China Petroleum & Chemical (386)
4.87 HKD -0.14 (-2.79%) Volume: 176.8M
China Petroleum & Chemical’s stock price stands at 4.87 HKD, experiencing a decrease of -2.79% in the latest trading session with a trading volume of 176.8M, though it maintains a positive year-to-date percentage change of +19.07%.
Latest developments on China Petroleum & Chemical
China Petroleum & Chemical Corporation, also known as Sinopec, has recently formed an alliance to drive green development in energy and chemicals. This move comes amidst significant stock price movements today, with investors closely monitoring the company’s actions. Alongside other key players such as Tencent and Power Assets, Sinopec’s efforts to promote sustainability in the industry have caught the attention of the market. The Hong Kong Connect Flows on August 2nd have further fueled speculation and interest in the company’s future prospects, as it continues to navigate the evolving landscape of the energy sector.
A look at China Petroleum & Chemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
China Petroleum & Chemical Corporation, also known as Sinopec, shows a promising long-term outlook based on its Smartkarma Smart Scores. With strong scores in value and dividend, the company is seen as a solid investment opportunity for those looking for stable returns. Additionally, its momentum score of 5 indicates a positive trend in the company’s performance, suggesting potential growth in the future. While growth and resilience scores are slightly lower, the overall outlook for China Petroleum & Chemical remains positive.
As a leading producer and trader of petroleum and petrochemical products in China, China Petroleum & Chemical Corporation, or Sinopec, has a diverse product portfolio that includes gasoline, diesel, jet fuel, synthetic fibers, and chemical fertilizers. With a strong presence in the domestic market, the company is well-positioned to capitalize on the growing demand for energy and chemical products in China. The Smartkarma Smart Scores highlight the company’s strong fundamentals and growth potential, making it an attractive option for investors seeking stability and potential returns in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
