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The latest update is out from SINOPEC Engineering (Group) Co., Ltd. Class H ( (HK:2386) ).
SINOPEC Engineering (Group) Co., Ltd., a leading Chinese engineering contractor in the petrochemical and coal-to-chemicals industries, delivers engineering, procurement, construction, and commissioning services for large refinery and chemical projects in China and abroad. Its client base includes major industrial groups and national oil companies seeking complex processing and conversion facilities.
The company reported total new contracts of RMB101.248 billion for 2025, a slight 0.6% increase year on year, while its backlog surged 18.1% to RMB203.850 billion, underscoring a stronger medium-term revenue pipeline. Key wins in the fourth quarter included a RMB2.772 billion EPC contract for SHCCIG Yulin Chemical’s coal conversion project in China and a USD433 million EPCC contract for Sonatrach’s Oran Arzew refinery reforming project in Algeria, highlighting both domestic demand and growing overseas exposure.
The most recent analyst rating on (HK:2386) stock is a Hold with a HK$7.50 price target. To see the full list of analyst forecasts on SINOPEC Engineering (Group) Co., Ltd. Class H stock, see the HK:2386 Stock Forecast page.
More about SINOPEC Engineering (Group) Co., Ltd. Class H
SINOPEC Engineering (Group) Co., Ltd. is a PRC-based engineering company focused on providing EPC and EPCC services to the petrochemical, refining, and coal-to-chemicals sectors. The group undertakes large-scale industrial projects both domestically in China and internationally, serving state-owned energy groups and overseas oil and gas clients.
Average Trading Volume: 4,940,493
Technical Sentiment Signal: Buy
Current Market Cap: HK$33.26B
See more data about 2386 stock on TipRanks’ Stock Analysis page.