Sou Hu Cai Jing·2026-01-19 11:48Core Viewpoint - China Petroleum & Chemical Corporation (Sinopec) reported a decline in revenue and net profit for the first three quarters of 2025, indicating potential 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 January 19, 2026, Sinopec's stock closed at 5.93 yuan, up 1.54%, with a turnover rate of 0.21% and a trading volume of 1,942,500 hands, amounting to a total transaction value of 1.144 billion yuan [1]. - On January 19, the net inflow of main funds was 75.54 million yuan, accounting for 6.6% of the total transaction value, while retail investors saw a net outflow of 1.22 billion yuan, representing 10.7% of the total transaction value [1]. Analyst Ratings - In the last 90 days, 10 institutions provided ratings for Sinopec, all recommending a buy [3]. - The average target price set by institutions over the past 90 days is 7.53 yuan [3].