Saturday, October 24, 2009

CIS 8020 Assignment 2 BC Google chart API--Sinopec stock valuation

China Petroleum & Chemical Corporation (Sinopec) is one of the largest petroleum companies in China. Sinopec has recorded a strong financial performance in recent years. However, because of over high crude oil price, the company suffered loss in its 2008 fiscal year. Still, many portfolio managers desire to invest in Sinopec during 2009 and they need to take a look at its recent financial data to valuate its stock market performance.

Google Chart API is a good candidate solution for this problem. Google API chart generates bar chart as well as line chart images which shows the company's yearly and first quarter net profit and Earnings per share(EPR) data. The charts is prototyped as following:







Based on the Google chart API, we can see that the company’s annual and first quarter net profit is highly correlated with its Annual and first quarter EPS. The graph shows that its first quarter EPS increased in FY 2009 compared with that in FY 2008. As we can see, this company is a valuable stock to invest in now as part of the portfolio.

Google API charts are much more straightforward and illustrative than examine Sinopec's financial statement and balance sheet for their profit analysis. This application can be nicely integrated to the website as well.

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