Minsheng securities issued a research report on August 31 to maintain the China Petroleum & Chemical Corporation(600028) recommended rating. Minsheng securities predicts that the net profit attributable to the parent company in China Petroleum & Chemical Corporation(600028) 2021 will be 80.448 billion yuan, a year-on-year increase of 144.34%.
Main financial indicators and valuation
2021E
2022E
2023E
Total operating revenue (RMB 100 million) 247970326596 one million two hundred and twenty-eight thousand three hundred and ninety-eight point eight two
Net profit attributable to parent company (RMB 100 million) 80448821 twenty-five thousand eight hundred and forty-one point seven four
Earnings per share (yuan) 0.70 seventy point seven
Net assets per share (yuan) 6.87 fifty-eight point two
Price earnings ratio (PE) 6.265 nine
Price to book ratio (PB) 0.60 fifty point five
Return on net assets (%) 9.89 eighteen point five
Return on total assets (%) 4.44 twenty-four
Note: the data is obtained from the text of the research report.
China Petroleum & Chemical Corporation(600028) has attracted the attention of 2 research reports of securities companies in recent month. The detailed data of the research report are shown in the table below:
Research report date
Organization abbreviation
Target price
This rating
details
August 31, 2021 Minsheng Securities - recommended China Petroleum & Chemical Corporation(600028) performance comments for the half year of 2021: the volume and price of each product increased simultaneously, and the revenue and net profit increased sharply in 21h1
2021-08-30 China International Capital Corporation Limited(601995) 6.2 outperformed the industry, 1h21 performance approached a historical high, and the stock price was significantly undervalued compared with history
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