China Petroleum & Chemical Corporation

0386
Passed

Company Overview

Sinopec's H shares were listed on the Hong Kong, New York, and London exchanges on October 18 and 19, 2000, respectively; A shares were listed on the Shanghai Stock Exchange on August 8, 2001. Sinopec is one of the largest integrated energy and chemical companies in China, mainly engaged in oil and gas exploration, pipeline transportation and sales; production, sales, storage and transportation of petroleum refining, petrochemicals, coal chemicals, chemical fibers and other chemical products; import and export of petroleum, natural gas, petroleum products, petrochemical and other chemical products and other commodities and technologies; research, development, and application of technology and information; hydrogen energy business and related services; hydrogen energy production, storage, transportation and sales of hydrogen gas; new energy generation business and related services such as new energy vehicle charging and switching, solar energy, wind energy, etc. .

Country
HK
Market Cap
$63.59B
Last Fiscal Year
2023
Final Shariah Status
Passed
Compliance Analysis Overview

Shariah Compliance Benchmarks:

  • Business Compliance: Non-Shariah compliant revenue must be less than 5% of total revenue
  • Liabilities Compliance: Interest-bearing debt must be less than 33% of market capitalization
Business Compliance
0.39% passed
5% Threshold
0.4%
Liabilities Compliance
8.81% passed
33% Threshold
8.8%
Final Shariah Status
Passed

This stock meets all Shariah compliance criteria according to AAOIFI standards.

Stock Information
Name China Petroleum & Chemical Corporation
Ticker 0386
Main Business Oil & Gas Integrated
Type Common Stock
Industry Oil & Gas Integrated
Country HK
Market Cap $63.59 B

Shariah Analysis Breakdown

Business compliance Breakdown
Revenue Segment Value ($M) Non-Compliant ($M) Reason
Marketing and Distribution $839,360.0 $0.0 -
This part and others $348,920.0 $0.0 -
Chemical industry $196,780.0 $0.0 -
Exploration and development $89,700.0 $0.0 -
Oil refining $86,750.0 $0.0 -
Other operating income $32,180.0 $0.0 -
Interest income $6,266.0 $6,266.0 -
Total $1,599,956.0 $6,266.0 0.39% (passed)
Liabilities Compliance Breakdown
Liability Item Value ($M) % of Market Cap
derivative financial instrument current liabilities $385,154,061.6 0.61%
other loans current liabilities $1,742,296,918.8 2.74%
other loans non current liabilities $3,474,789,916.0 5.46%
Total Interest-Bearing Debt $5,602,240,896.4 8.81%
Market Capitalization $63,594,256,410.3 100.00%
Compliance Status Threshold: 33% passed