China Petroleum & Chemical Corp

Common Name

China Petroleum & Chemical

Country

China (Mainland)

Sector

Energy

Industry

Oil & Gas Integrated

Employees

355,952

Ticker

600028

Exchange

SHANGHAI STOCK EXCHANGE

Website

www.sinopec.com

Description

China Petroleum & Chemical Corporation, commonly known as Sinopec, is a prominent state-owned enterprise primarily focused on oil and gas exploration and production. It stands as one of the global lea... Show more

Income Statement Balance Sheet Group Entities

China Petroleum & Chemical's Financial Statements Preview

Below are the financial statements of China Petroleum & Chemical, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Interested in getting early access to our real-time standardized financial datafeed?

Learn More

All figures in billions of CNY	2024	2023
Operating income	3,074.56^a	3,212.22^a
Operating costs	-2,598.94^a	-2,709.66^a
Taxes and surcharges	-267.32^a	-272.92^a
Selling and distribution expenses	-61.42^a	-61.16^a
General and administrative expenses	-58.02^a	-59.66^a
Research and development expenses	-15.22^a	-13.97^a
Financial expenses	-11.17^a	-9.92^a
Interest expenses	-18.6^a	-18.07^a
Interest income	5.94^a	6.83^a
Exploration expenses, including dry holes	-9.38^a	-11.06^a
Other income	12.25^a	10.91^a
Investment income	15.89^a	5.81^a
Income from investment in associates and joint ventures	10.31^a	8.18^a
(Losses)/gains from changes in fair value	-4.15^a	0.47^a
Credit impairment (losses)/reversals	-0.11^a	0.24^a
Impairment losses	-6.7^a	-8.77^a
Asset disposal gains	1.97^a	4.23^a
Operating profit	72.26^a	86.74^a
Non-operating income	2.23^a	1.97^a
Non-operating expenses	-3.97^a	-2.6^a
Profit before taxation	70.51^a	86.12^a
Income tax expense	-12.97^a	-16.07^a
Net profit	57.55^a	70.05^a
Classification by going concern	—	—
Net profit from continuing operations	57.55^a	70.05^a
Net profit from discontinued operations	0^a	0^a
Classification by ownership	—	—
Shareholders of the company	50.31^a	60.46^a
Non-controlling interests	7.23^a	9.58^a
Revenue	—	—
Revenue from primary business	3,015.32^a	3,146.87^a
Other operating revenues	59.24^a	65.34^a
Operating expenses	—	—
Purchased crude oil, products and operating supplies and expenses	-2,449.61^a	-2,569.41^a
Selling, general and administrative expenses	-57.55^a	-59.58^a
Depreciation, depletion and amortisation	-120.71^a	-113.75^a
Exploration expenses, including dry holes	-9.38^a	-11.06^a
Personnel expenses	-110.19^a	-108.02^a
Taxes other than income tax	-267.32^a	-272.92^a
Impairment (losses)/reversals on trade and other receivables	-0.11^a	0.24^a
Other operating income/(expenses), net	10.98^a	9.1^a
Total operating expenses	-3,003.88^a	-3,125.39^a
Operating profit	70.69^a	86.83^a
Finance costs	—	—
Interest expense	-18.6^a	-18.07^a
Interest income	5.94^a	6.83^a
Foreign currency exchange gains, net	1.49^a	1.32^a
Net finance costs	-11.17^a	-9.92^a
Investment income	0.67^a	0.83^a
Share of profits less losses from associates and joint ventures	8.96^a	6.2^a
Profit before taxation	69.14^a	83.93^a
Income tax expense	-12.97^a	-16.07^a
Profit for the year	56.18^a	67.86^a
Attributable to	—	—
Shareholders of the company	48.94^a	58.31^a
Non-controlling interests	7.24^a	9.55^a

Download Data

Verified Sources Behind China Petroleum & Chemical’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore China Petroleum & Chemical’s data sources below and access millions more through our Disclosure Search.

a. China Petroleum & Chemical's Annual Report 2024

Real-Time & Standardized Financials

Access Standardized Financial Statements within Minutes of Disclosure

Tracenable is building real-time standardized financial datafeeds and APIs covering global equities. Unlike limited and inconsistent XBRL parsing, our approach aims to deliver clean, comparable, and fully traceable data seconds after publication.

Could this solution support your investment or analytical workflows?

Explore Peer Companies

Welcome Back to Tracenable

Sign in to your account

China Petroleum & Chemical Corp

China Petroleum & Chemical's Financial Statements Preview

Verified Sources Behind China Petroleum & Chemical’s Financial Fundamentals Data

Access Standardized Financial Statements within Minutes of Disclosure

Explore Peer Companies

PetroChina Co Ltd

Saudi Arabian Oil Co

Imperial Oil Ltd

Equinor ASA

Petronas Gas Bhd

Oil India Ltd