Chalco, CNE1000002Q2

China Petroleum & Chemical stock trades at 19.13 P/ E before October 29 results

Published on 10/14/2026 at 17:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue rose 8.30 percent to CNY 729.90 billion in the second quarter of 2026. China Petroleum & Chemical stock costs EUR 0.52 on October 14, 2026.

Scheduled results and valuation

  • The board will review third-quarter results on October 29, 2026, according to TipRanks.
  • Second-quarter revenue rose 8.30 percent to CNY 729.90 billion.
  • China Petroleum & Chemical stock costs EUR 0.52 at Lang & Schwarz on October 14, 2026 at 5:37 p.m. CEST.
  • The stock has a P/E ratio of 19.13 and a market capitalization of CNY 683.1 billion.
Chalco, CNE1000002Q2, Illustration mit AI erstellt.
Chalco, CNE1000002Q2, Illustration mit AI erstellt.

China Petroleum & Chemical (ISIN CNE1000002Q2) has scheduled a board meeting for October 29, 2026, to review its third-quarter results, according to TipRanks. The date gives the stock a defined reporting milestone after the company reported second-quarter revenue of CNY 729.90 billion, up 8.30 percent year over year, per Simply Wall St. At Lang & Schwarz, the stock was trading at EUR 0.52 on October 14, 2026 at 5:37 p.m. CEST, after the Xetra close.

Revenue grows in the second quarter

The second-quarter revenue figure marks an 8.30 percent increase from the year-earlier period. Net income was CNY 8.83 billion, while earnings per share came to CNY 0.073, according to Simply Wall St. The earnings profile was weaker than the top-line trend, with net income down 9.70 percent year over year and revenue missing analyst estimates by 2.20 percent.

Price stays near EUR 0.52

The Lang & Schwarz quote was EUR 0.52 at the stated time, with a bid of EUR 0.52 and an ask of EUR 0.52. The latest Shanghai quote for China Petroleum & Chemical was CNY 5.65 on October 14, 2026 at 7:00 a.m. China Standard Time, up 3.48 percent on the session. The 52-week range was CNY 4.43 to CNY 8.11, placing the quote inside a broad trading band.

Valuation and peer comparison

China Petroleum & Chemical had a market capitalization of CNY 683.1 billion and a P/E ratio of 19.13 on October 14, 2026. That valuation was higher than PetroChina's P/E ratio of 13.07 but lower than the scale difference suggested by PetroChina's CNY 2.3 trillion market capitalization. CNOOC traded at a P/E ratio of 7.35 with a market capitalization of CNY 1.2 trillion.

Comparison with peers

China Petroleum & Chemical: P/E 19.13, market capitalization CNY 683.1 billion.
PetroChina (Shanghai, CNY): plus 2.45 percent, P/E 13.07, market capitalization CNY 2.3 trillion.
CNOOC (Shanghai, CNY): plus 4.26 percent, P/E 7.35, market capitalization CNY 1.2 trillion.

October 29 sets the next checkpoint

The October 29 board review is the next dated checkpoint for the company. The second-quarter numbers show a split picture: revenue expanded by 8.30 percent, while net income and earnings per share declined from the year-earlier period. For investors, that contrast places greater weight on the next report's margin and profit figures than on revenue growth alone. The further course of trading is shown by the continuously updated real-time quote of China Petroleum & Chemical stock.

China Petroleum & Chemical at a glance

  • Company: China Petroleum & Chemical Corporation
  • ISIN: CNE1000002Q2
  • Price Lang & Schwarz as of October 14, 2026 at 5:37 p.m. CEST: EUR 0.52
  • Market capitalization: CNY 683.1 billion as of October 14, 2026
  • Sector / Industry: Energy and chemicals

More news and analyses on China Petroleum & Chemical stock

Market context: Market report Shanghai Composite.

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