China Petroleum Chemical Stock Net Asset

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.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

China Petroleum Chemical Company Net Asset Analysis

China Petroleum's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.

Net Asset

 = 

Current Market Value

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Current Liabilities

More About Net Asset | All Equity Analysis

Current China Petroleum Net Asset

    
  2.02 T  
Most of China Petroleum's fundamental indicators, such as Net Asset, 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.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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China Total Assets

Total Assets

1.73 Trillion

At present, China Petroleum's Total Assets are projected to increase significantly based on the last few years of reporting.
Based on the recorded statements, China Petroleum Chemical has a Net Asset of 2.02 T. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The net asset for all China stocks is notably lower than that of the firm.

China Net Asset 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 Asset 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 asset 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.