China Petroleum Chemical Stock Current Ratio
SNPMF Stock | USD 0.58 0.07 13.73% |
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 Pink Sheet. 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 pink sheet.
China |
China Petroleum Chemical Company Current Ratio Analysis
China Petroleum's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Current China Petroleum Current Ratio | 0.89 X |
Most of China Petroleum's fundamental indicators, such as Current Ratio, 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.
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition |
In accordance with the recently published financial statements, China Petroleum Chemical has a Current Ratio of 0.89 times. This is 36.43% lower than that of the Energy sector and 45.06% lower than that of the Oil & Gas Integrated industry. The current ratio for all United States stocks is 58.8% higher than that of the company.
China Current Ratio 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 Current Ratio to detect undervalued stocks with similar characteristics or determine the pink sheets 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 current ratio category among its peers.
China Fundamentals
Return On Equity | 0.0815 | |||
Return On Asset | 0.034 | |||
Profit Margin | 0.02 % | |||
Operating Margin | 0.03 % | |||
Current Valuation | 101.38 B | |||
Shares Outstanding | 24.78 B | |||
Shares Owned By Institutions | 35.18 % | |||
Price To Earning | 4.88 X | |||
Price To Book | 0.49 X | |||
Price To Sales | 0.02 X | |||
Revenue | 2.74 T | |||
Gross Profit | 519.81 B | |||
EBITDA | 238.73 B | |||
Net Income | 71.21 B | |||
Cash And Equivalents | 234.95 B | |||
Cash Per Share | 1.94 X | |||
Total Debt | 91.99 B | |||
Debt To Equity | 0.47 % | |||
Current Ratio | 0.89 X | |||
Book Value Per Share | 6.45 X | |||
Cash Flow From Operations | 225.17 B | |||
Earnings Per Share | 0.08 X | |||
Price To Earnings To Growth | 0.45 X | |||
Target Price | 1.07 | |||
Number Of Employees | 385.69 K | |||
Beta | 0.91 | |||
Market Capitalization | 74.65 B | |||
Total Asset | 1.89 T | |||
Working Capital | (69 B) | |||
Current Asset | 339 B | |||
Current Liabilities | 408 B | |||
Z Score | 1.0 | |||
Annual Yield | 0.13 % | |||
Five Year Return | 8.12 % | |||
Net Asset | 1.89 T | |||
Last Dividend Paid | 0.47 |
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.
Currently Active Assets on Macroaxis
Other Information on Investing in China Pink Sheet
China Petroleum financial ratios help investors to determine whether China Pink Sheet 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.