China Petroleum & Chemical (FRA:CHU) 1-Year Share Buyback Ratio : -1.60% (As of Dec. 2024 )

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What is China Petroleum & Chemical 1-Year Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

1-Year Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past year, calculated as the percentage change in shares outstanding from the previous year to the current year. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. China Petroleum & Chemical's current 1-Year Share Buyback Ratio was -1.60%.

FRA:CHU's 1-Year Share Buyback Ratio is ranked worse than
51.16% of 604 companies
in the Oil & Gas industry
Industry Median: -1.45 vs FRA:CHU: -1.60

Competitive Comparison of China Petroleum & Chemical's 1-Year Share Buyback Ratio

For the Oil & Gas Integrated subindustry, China Petroleum & Chemical's 1-Year Share Buyback Ratio, along with its competitors' market caps and 1-Year Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Petroleum & Chemical's 1-Year Share Buyback Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, China Petroleum & Chemical's 1-Year Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where China Petroleum & Chemical's 1-Year Share Buyback Ratio falls into.

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China Petroleum & Chemical 1-Year Share Buyback Ratio Calculation

China Petroleum & Chemical's 1-Year Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

1-Year Share Buyback Ratio	=	(Shares Outstanding (EOP) (Dec. 2023 )	-	Shares Outstanding (EOP) (Dec. 2024 ))	/	Shares Outstanding (EOP) (Dec. 2023 )
	=	(119349.252	-	121281.418)	/	119349.252
	=	-1.6%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

China Petroleum & Chemical (FRA:CHU) 1-Year Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

China Petroleum & Chemical 1-Year Share Buyback Ratio Related Terms

China Petroleum & Chemical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Petroleum & Chemical Corp (FRA:CHU) » Definitions » 1-Year Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

SNPMF:USA 00386:Hong Kong CHU:Germany 600028:China

Address

No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728

Website

http://www.sinopec.com

China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2024, Sinopec's production of oil and gas equivalent was 515.35 million barrels. The firm also processed 252.30 million metric tons of crude oil.