Sou Hu Cai Jing·2025-12-18 12:49Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) reported a decline in revenue and net profit for the first three quarters of 2025, indicating challenges in the oil and gas sector [2] Financial Performance - For the first three quarters of 2025, Sinopec's main revenue was 21,134.41 billion yuan, a year-on-year decrease of 10.69% [2] - The net profit attributable to shareholders was 299.84 billion yuan, down 32.23% year-on-year [2] - The net profit excluding non-recurring items was 305.52 billion yuan, a decrease of 30.51% year-on-year [2] - In Q3 2025, the single-quarter main revenue was 7,043.89 billion yuan, a decline of 10.88% year-on-year [2] - The single-quarter net profit attributable to shareholders was 85.01 billion yuan, a slight decrease of 0.5% year-on-year [2] - The single-quarter net profit excluding non-recurring items was 93.37 billion yuan, an increase of 11.35% year-on-year [2] - The company's debt ratio stood at 54.69%, with investment income of 73.42 billion yuan and financial expenses of 112.5 billion yuan [2] - The gross profit margin was reported at 15.68% [2] Market Activity - As of December 18, 2025, Sinopec's stock closed at 5.93 yuan, up 1.54% with a turnover rate of 0.12% [1] - The trading volume was 1,129,300 hands, with a total transaction value of 668 million yuan [1] - On December 18, the net outflow of main funds was 33.49 million yuan, accounting for 5.02% of the total transaction value, while retail funds saw a net inflow of 37.59 million yuan, making up 5.63% of the total [1] Analyst Ratings - In the last 90 days, 10 institutions rated Sinopec with a buy rating, and the average target price set by these institutions was 7.6 yuan [3]