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:
SK Holdings Co Ltd
of KOREA (SOUTH)
sales of 99.26 trillion Korean Won [US$86.96 billion]
of which 49%
was SK Innovation),
PetroChina Co Ltd
(2.49 trillion Chinese Renmimbi [US$372.10 billion]
of which 74%
was Marketing), and
ENEOS Holdings Inc
based in JAPAN
(11.13 trillion Japanese Yen [US$105.73 billion]
of which 85%
During the year ended December of 2019, sales at
China Petroleum & Chemical were 2.76 trillion Chinese Renmimbi (US$412.70 billion).
increase of 2.8%
versus 2018, when the company's sales were 2.69 trillion Chinese Renmimbi.
This was the third consecutive year of growth at China Petroleum & Chemical.
The sales level in 2019 was fairly close to the level five years ago: in 2014, China Petroleum & Chemical had sales
of 2.67 trillion Chinese Renmimbi.
Sales of Exploration and Production saw an increase
that was more than double the company's growth rate: sales were up
18.8% in 2019, from
93.50 billion Chinese Renmimbi to 111.11 billion Chinese Renmimbi.
China Petroleum & Chemical also saw significant increases in sales in
Corporate and Other (up 15.6% to 828.64 billion Chinese Renmimbi)
Not all segments of China Petroleum & Chemical experienced an increase in sales in 2019:
sales of Chemicals fell 7.0% to 425.51 billion Chinese Renmimbi.
China Petroleum & Chemical also experienced decreases in sales in
Marketing and Distribution (down 1.1% to 1.39 trillion Chinese Renmimbi)
Refining (down 4.9% to 141.67 billion Chinese Renmimbi)