Comparison of CNPC and SINOPEC Based on DuPont Analysis

DOI

10.2991/aebmr.k.210712.047How to use a DOI?

Keywords

DuPont analysis, Financial, Statement analysis, Profitability, Operating capacity

Abstract

Based on DuPont analysis, this paper makes a comparative analysis of PetroChina and Sinopec. Firstly, it lists the DuPont analysis framework, collects the data from 2016 to 2019, and then makes a horizontal and vertical analysis on the profitability, operation ability and repayment ability of the two companies and draw relevant conclusions that the prospect of Sinopec is higher than that of PetroChina, and Sinopec is more recommended, and it is believed that Sinopec has long-term investment value.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Wang Peng
PY  - 2021
DA  - 2021/07/12
TI  - Comparison of CNPC and SINOPEC Based on DuPont Analysis
BT  - Proceedings of the 2021 International Conference on Economic Development and Business Culture (ICEDBC 2021)
PB  - Atlantis Press
SP  - 272
EP  - 277
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210712.047
DO  - 10.2991/aebmr.k.210712.047
ID  - Peng2021
ER  -