China Petroleum & Chemical Corp Class A

600028: XSHG (CHN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Sinopec Earnings: Sequential Weakness Within Expectations; H‑Shares Undervalued

Chokwai Lee

Aug 24, 2026

Sinopec's first-half net profit rose 12% year over year. However, second-quarter earnings fell 50% sequentially, driven by weaker refining and marketing performance.

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China Petroleum & Chemical Corp Class A

Sinopec Earnings: Sequential Weakness Within Expectations; H‑Shares Undervalued

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