China Petroleum & Chemical Corp - Company Profile
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China Petroleum & Chemical Corp (Sinopec), a subsidiary of China Petrochemical Corp, is an integrated energy and chemical company with operations spanning upstream, midstream, and downstream sectors. The company's primary activities include the exploration, production, and sale of petroleum and natural gas, as well as the production, sale, storage, and transportation of refinery products, petrochemical products, coal chemical products, synthetic fiber, and other chemical products. Sinopec is a producer of crude oil and natural gas and it also refines these raw materials into various petroleum products. The company’s product portfolio includes refined oil products such as gasoline, diesel and jet fuel; 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 Street, Chaoyang District, Beijing, 100728
Website
www.sinopec.com
Telephone
86 10 59960114
No of Employees
351,104
Industry
Energy and Utilities
Ticker Symbol & Exchange
600028 (SHA)
Revenue (2024)
$387.3B
-9.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-36.8%
(2024 vs 2023)
Market Cap*
$77.0B
Net Profit Margin (2024)
XYZ
-30.5%
(2024 vs 2023)
* As of and is in US$
China Petroleum & Chemical Corp premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Crude Oil | Fuel Retailing | Great Wall |
| Natural Gas | Storage | Donghai |
| Refined Petroleum | Transportation Services | Easy Joy |
| 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 |
|---|---|---|
| 2025 | Plans/Strategy | In November, the company announced its plans to acquire China National Aviation Fuel Group. |
| 2025 | Oil/Gas Discovery | In October, the company discovered a new shale oil reserve estimated at 100 million metric tons in the Sichuan Basin. |
| 2025 | Contracts/Agreements | In August, the company entered into an agreement with Clarivate to promote the research and development goals of Mainland China's largest oil and petrochemical products supplier, ultimately delivering impactful research and innovation. |
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 | Eastern Province | Beijing | Texas | England |
| No. of Employees | 351,104 | 75,118 | 367,173 | 60,900 | 85,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hou Qijun | Chairman | Executive Board | 2025 | - |
| Shou Donghua | Chief Financial Officer | Senior Management | 2020 | 56 |
| Liu Jiahai | Chief Safety Officer | Senior Management | 2024 | 58 |
| Guo Xusheng | Chief Geologist | Senior Management | 2024 | 59 |
| Zhao Dong | Vice Chairman; President | Executive Board | 2024 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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