China Petroleum & Chemical Corporation operates within the Petroleum refining sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Petroleum & Chemical with three other
petroleum refiners in Asia:
PetroChina Co Ltd
sales of 1.93 trillion Chinese Renmimbi [US$296.55 billion]
Reliance Industries Limited
(5.97 trillion Indian Rupees [US$80.06 billion]
of which 65%
was Refining), and
ENEOS Holdings Inc
based in JAPAN
(10.01 trillion Japanese Yen [US$92.01 billion]
of which 84%
During the year ended December of 2020, sales at
China Petroleum & Chemical were 1.91 trillion Chinese Renmimbi (US$292.66 billion).
decrease of 30.9%
versus 2019, when the company's sales were 2.76 trillion Chinese Renmimbi.
The sales level in 2020 was fairly close to the level five years ago: in 2015, China Petroleum & Chemical had sales
of 1.82 trillion Chinese Renmimbi.
Contributing to the drop in overall sales was the 23.4% decline
in Marketing and Distribution, from 1.39 trillion Chinese Renmimbi to 1.07 trillion Chinese Renmimbi.
There were also decreases in sales in
Chemicals (down 14.8% to 362.64 billion Chinese Renmimbi)
However, these declines were partially offset by the increase in sales of
Refining (up 563.4% to 939.88 billion Chinese Renmimbi)
Exploration and Production (up 45.8% to 162.04 billion Chinese Renmimbi)
Corporate and Other (up 7.2% to 888.23 billion Chinese Renmimbi)