China Petroleum & Chemical Corp - Company Profile
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China Petroleum & Chemical Corp (Sinopec), a subsidiary of China Petrochemical Corporation, is an integrated energy and chemical company. It operates in the oil and gas exploration and production, extraction and marketing; oil refining; and production, marketing, storage and transportation of petrochemicals, chemical fibers, chemical fertilizers and other chemical products. The company also undertakes import and export agency business of crude oil, natural gas, refined oil products, petrochemicals, chemicals and other commodities and technologies. Its product portfolio includes refined oil products such as gasoline, diesel and jet fuel; and petrochemical products that include synthetic resin, synthetic fiber monomers and polymers, chemical fertilizer and petrochemical intermediates. Sinopec is headquartered in Beijing, China.
Headquarters
China
Address
No. 22 Chaoyangmen North Avenue, Chaoyang District, Beijing, 100728
Website
www.sinopec.com
Telephone
86 10 59960028
No of Employees
368,009
Industry
Energy and Utilities
Ticker Symbol & Exchange
600028 (SHA)
Revenue (2022)
$454.2B
-3.2%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-9.9%
(2022 vs 2021)
Market Cap*
$103.4B
Net Profit Margin (2022)
XYZ
-6.9%
(2022 vs 2021)
* As of and is in US$
China Petroleum & Chemical Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Crude Oil | Fuel Retailing | Great Wall |
| Natural Gas | Storage and Transportation Services | Rising Sun |
| Refined Petroleum | Starry Sky | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the company entered into a partnership with TotalEnergies to manufacture sustainable aviation fuel (SAF) from waste oils. |
| 2024 | Plans/Strategy | In March, the company's fuel oil division announced its plans to acquire a refining facility in the UAE from Montfort Group. |
| 2024 | Contracts/Agreements | In March, Sinopec Easy Joy Sales expanded its partnership with Cheche Group to offer embedded auto insurance services. |
Competitor Comparison
| Key Parameters | China Petroleum & Chemical Corp | Saudi Arabian Oil Co | PetroChina Co Ltd | Exxon Mobil Corp | Shell plc |
|---|---|---|---|---|---|
| Headquarters | China | Saudi Arabia | China | United States of America | United Kingdom |
| City | Beijing | Dhahran | Beijing | Spring | London |
| State/Province | Beijing | - | Beijing | Texas | England |
| No. of Employees | 368,009 | 73,311 | 386,912 | 62,000 | 103,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shou Donghua | Chief Financial Officer | Senior Management | 2020 | 54 |
| Guo Xusheng | Chief Geologist | Senior Management | 2024 | 58 |
| Ma Yongsheng | Chairman; Director | Non Executive Board | 2021 | 61 |
| Yu Baocai | Director; Vice President | Executive Board | 2021 | 58 |
| Lv Lianggong | Director; Senior Vice President | Executive Board | 2022 | 57 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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