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600028:SSEChina Petroleum & Chemical Corporation Class A Analysis

Data as of 2026-08-31 - not real-time

CN¥5.46

Latest Price

5/10Risk

Risk Level: Medium

Executive Summary

China Petroleum & Chemical Corporation is priced at ¥5.46, and its moving averages give no clean directional read — the structure is neutral. The last 30 days have gained 4.2%. With RSI at 67.5 the momentum picture is approaching overbought, alongside a bullish MACD signal. Watch ¥4.94 as support and ¥5.50 as the nearer resistance level.
Valuation screens as undervalued: a P/E of 18.8 sits below the sector average of 21.5. The average analyst target implies 5.8% above today's level. Revenue is growing at 8.3% on a 1.3% profit margin. The 4.10% dividend yield looks covered by current payout levels.
Risk comes out at 5 of a possible 10, a moderate reading. With 30-day volatility of 25.0%, a beta of -0.21 and a maximum drawdown of 43.0%, position sizing matters here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
This one splits by horizon — hold in the near term, buy further out, at 6/10 long-term conviction.

Top Market Events

BEIJING, CN / ACCESS Newswire / August 24, 2026 / China Petroleum & Chemical Corporation the "Company" HKEX:386...

Market Outlook

Short Term

< 1 year
Neutral
Model confidence: 4/10

Key Factors

  • Trading below the 200-day average of 5.61
  • MACD momentum is positive
  • Maximum drawdown of 43.0%

Medium Term

1–3 years
Positive
Model confidence: 5/10

Key Factors

  • P/E of 18.8 versus sector average of 21.5
  • Trading below the 200-day average of 5.61
  • Analyst targets imply +5.8% versus the current price

Long Term

> 3 years
Positive
Model confidence: 6/10

Key Factors

  • P/E of 18.8 versus sector average of 21.5
  • Analyst targets imply +5.8% versus the current price
  • Dividend yield of 4.10%

Key Metrics & Analysis

Financial Health

Revenue Growth8.30%
Profit Margin1.26%
P/E Ratio18.8
ROE4.13%
ROA1.69%
Debt/Equity56.53
P/B Ratio0.8
Op. Cash FlowCN¥164.0B
Free Cash FlowCN¥7.5B
Industry P/E21.5

Technical Analysis

TrendNeutral
RSI67.5
SupportCN¥4.94
ResistanceCN¥5.50
MA 20CN¥5.16
MA 50CN¥5.02
MA 200CN¥5.61
MACDBullish
VolumeIncreasing
Fear & Greed Index94.09

Valuation

Target PriceCN¥5.78
Upside/Downside5.77%
GradeUndervalued
TypeValue
Dividend Yield4.10%

Risk Assessment

Beta-0.21
Volatility25.04%
Sector RiskHigh
Reg. RiskHigh
Geo RiskHigh
Currency RiskHigh
Liquidity RiskLow

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.