π VC round data is live in beta, check it out!
- Public Comps
- China Petroleum
China Petroleum Valuation Multiples
Discover revenue and EBITDA valuation multiples for China Petroleum and similar public comparables like Enbridge, China Shenhua Energy, Petrobras, BP and more.
China Petroleum Overview
About China Petroleum
China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in 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 a 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 its peers, PetroChina and CNOOC. In 2024, Sinopecβs production of oil and gas equivalent was 515.35 million barrels. The firm also processed 252.30 million metric tons of crude oil.
Founded
2000
HQ

Employees
471.4K
Website
Sectors
Financials (LTM)
EV
$174B
China Petroleum Financials
China Petroleum reported last 12-month revenue of $412B and EBITDA of $27B.
In the same LTM period, China Petroleum generated $71B in gross profit, $27B in EBITDA, and $5B in net income.
Revenue (LTM)
China Petroleum P&L
In the most recent fiscal year, China Petroleum reported revenue of $404B and EBITDA of $28B.
China Petroleum expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $412B | XXX | $404B | XXX | XXX | XXX |
| Gross Profit | $71B | XXX | $68B | XXX | XXX | XXX |
| Gross Margin | 17% | XXX | 17% | XXX | XXX | XXX |
| EBITDA | $27B | XXX | $28B | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| EBIT Margin | 2% | XXX | 2% | XXX | XXX | XXX |
| Net Profit | $5B | XXX | $5B | XXX | XXX | XXX |
| Net Margin | 1% | XXX | 1% | XXX | XXX | XXX |
| Net Debt | β | β | $40B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
China Petroleum Stock Performance
China Petroleum has current market cap of $121B, and enterprise value of $174B.
Market Cap Evolution
China Petroleum's stock price is $1.00.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $174B | $121B | 0.1% | XXX | XXX | XXX | $0.04 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialChina Petroleum Valuation Multiples
China Petroleum trades at 0.4x EV/Revenue multiple, and 6.4x EV/EBITDA.
EV / Revenue (LTM)
China Petroleum Financial Valuation Multiples
As of March 25, 2026, China Petroleum has market cap of $121B and EV of $174B.
Equity research analysts estimate China Petroleum's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
China Petroleum has a P/E ratio of 23.4x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $121B | XXX | $121B | XXX | XXX | XXX |
| EV (current) | $174B | XXX | $174B | XXX | XXX | XXX |
| EV/Revenue | 0.4x | XXX | 0.4x | XXX | XXX | XXX |
| EV/EBITDA | 6.4x | XXX | 6.3x | XXX | XXX | XXX |
| EV/EBIT | 22.7x | XXX | 22.8x | XXX | XXX | XXX |
| EV/Gross Profit | 2.5x | XXX | 2.5x | XXX | XXX | XXX |
| P/E | 23.4x | XXX | 25.6x | XXX | XXX | XXX |
| EV/FCF | 31.9x | XXX | 33.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified China Petroleum Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


China Petroleum Margins & Growth Rates
China Petroleum's revenue in the last 12 month grew by 6%.
China Petroleum's revenue per employee in the last FY averaged $0.9M.
China Petroleum's rule of 40 is 13% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
China Petroleum's rule of X is 22% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
China Petroleum Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6% | XXX | 8% | XXX | XXX | XXX |
| EBITDA Margin | 7% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Growth | 10% | XXX | 7% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 13% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 22% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.9M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 2% | XXX | β | XXX | XXX | XXX |
| G&A Expenses to Revenue | 2% | XXX | 2% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 1% | XXX | β | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 15% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
China Petroleum Public Comps
See public comps and valuation multiples for other Oil & Gas comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Enbridge | XXX | XXX | XXX | XXX | XXX | XXX |
| China Shenhua Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Petrobras | XXX | XXX | XXX | XXX | XXX | XXX |
| BP | XXX | XXX | XXX | XXX | XXX | XXX |
| ConocoPhillips | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
China Petroleum M&A Activity
China Petroleum acquired XXX companies to date.
Last acquisition by China Petroleum was on XXXXXXXX, XXXXX. China Petroleum acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by China Petroleum
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialChina Petroleum Investment Activity
China Petroleum invested in XXX companies to date.
China Petroleum made its latest investment on XXXXXXXX, XXXXX. China Petroleum invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by China Petroleum
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout China Petroleum
| When was China Petroleum founded? | China Petroleum was founded in 2000. |
| Where is China Petroleum headquartered? | China Petroleum is headquartered in China. |
| How many employees does China Petroleum have? | As of today, China Petroleum has over 471K employees. |
| Is China Petroleum publicly listed? | Yes, China Petroleum is a public company listed on Shanghai Stock Exchange. |
| What is the stock symbol of China Petroleum? | China Petroleum trades under 600028 ticker. |
| When did China Petroleum go public? | China Petroleum went public in 2001. |
| Who are competitors of China Petroleum? | China Petroleum main competitors are Enbridge, China Shenhua Energy, Petrobras, BP. |
| What is the current market cap of China Petroleum? | China Petroleum's current market cap is $121B. |
| What is the current revenue of China Petroleum? | China Petroleum's last 12 months revenue is $412B. |
| What is the current revenue growth of China Petroleum? | China Petroleum revenue growth (NTM/LTM) is 6%. |
| What is the current EV/Revenue multiple of China Petroleum? | Current revenue multiple of China Petroleum is 0.4x. |
| Is China Petroleum profitable? | Yes, China Petroleum is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of China Petroleum? | China Petroleum's last 12 months EBITDA is $27B. |
| What is China Petroleum's EBITDA margin? | China Petroleum's last 12 months EBITDA margin is 7%. |
| What is the current EV/EBITDA multiple of China Petroleum? | Current EBITDA multiple of China Petroleum is 6.4x. |
| What is the current FCF of China Petroleum? | China Petroleum's last 12 months FCF is $5B. |
| What is China Petroleum's FCF margin? | China Petroleum's last 12 months FCF margin is 1%. |
| What is the current EV/FCF multiple of China Petroleum? | Current FCF multiple of China Petroleum is 31.9x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.