China Petroleum & Chemical Corporation (SNP)
China Petroleum & Chemical Corporation Accruals
View SNP Accruals with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
SNP Accruals Range, Past 5 Years
| Minimum | -127.10B | Dec 2008 |
| Maximum | -14.87B | Dec 2007 |
| Average | -41.38B |
About Accruals
Accruals are the non-cash net income earned by a business as a result of accrual based accounting. Mathematically, they are Net Income less Cash Flows from Operations.
Businesses with large positive accruals generally have large non-cash earnings like sales on account that have not yet been paid by customers. Those with negative accruals often are paid up-front for services and recognize the revenue over time as they perform the pre-paid service (newspapers are a good example of this type of business), or they may have large non-cash expenses such as depreciation.
Beware businesses that have large positive accruals over long periods of time. They are a signal of low quality earnings numbers (earnings without much actual cash behind them, in a simple sense). Accruals are also a key element of the Beneish M-Score which detects earnings manipulation, and companies with higher accruals relative to their assets are more likely to have been manipulating earnings.
Learn More
You may also be interested in these SNP related companies
SNP News
about 20 days ago by newschina
about 34 days ago by newschina
Apr 26, 11:36AM PR Newswire
Apr 26, 7:34AM PR Newswire
about 65 days ago by bradloncar
about 72 days ago by DynamicDividend
about 72 days ago by WallStreetBean
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| SNP | 88.60 | -1.35 | -1.50% | 85.29B |
| SNN | 46.33 | -0.35 | -0.75% | 8.343B |
| SNMX | 2.27 | -0.04 | -1.73% | 91.87M |
| SNCR | 17.49 | +0.28 | +1.63% | 662.93M |
| SNAK | 6.33 | -0.04 | -0.63% | 115.74M |
| SNA | 59.68 | -0.57 | -0.95% | 3.510B |
| SN | 23.49 | -0.79 | -3.25% | 839.36M |
| SMTX | 3.26 | -0.04 | -1.21% | 51.21M |
| SMTC | 23.71 | -0.27 | -1.13% | 1.569B |
| SMT | 1.30 | -0.01 | -0.76% | 54.99M |
