China Petroleum & Chemical Corporation logo
China Petroleum & Chemical Corporation SNP
report update icon

Quarterly report 2022-Q4
added 06-06-2026

China Petroleum & Chemical Corporation Income Statement 2022-2011 | SNP

Brief overview of income trends at China Petroleum & Chemical Corporation

The comparison covers a five-year financial horizon. Revenue reported by China Petroleum & Chemical Corporation was 2.4 trillion yuan at the beginning of the period and 3.3 trillion yuan at the end. The five-year change reached +40.6%, while CAGR stood at 7.1%. This represents moderate business growth.

The five-year EBITDA result moved by +6.1%: from 71.5 billion yuan to 75.8 billion yuan. EBITDA lagged revenue, showing weaker operating momentum. Comparing the endpoints gives EBITDA margins of 3% and 2.3%. Operating efficiency did not change materially.

Net profit was 70.4 billion yuan at the start and 75.6 billion yuan at the end. The final result remained comparatively stable.

Market value was 6.3 trillion yuan at the start and 5.5 trillion yuan at the end. The decline in value indicates softer investor confidence.

Financial takeaway

The figures do not all move in the same direction. The constructive conclusion rests on a steady EBITDA margin, improving net profitability and revenue expansion. The overall view is constrained by limited operating profitability. Investors should continue to monitor margins, costs, and earnings quality.

Annual Income Statement China Petroleum & Chemical Corporation

2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

5.52 T 5.63 T 4.83 T 6.14 T 6.62 T 6.3 T 5.8 T 4.74 T 92.5 B 91.8 B 105 B 7.02 T

Shares

121 B 121 B 121 B 121 B 121 B 121 B 121 B 121 B 1.17 B 1.16 B 1.13 B 94 B

Historical Prices

45.7 46.5 39.9 50.7 54.7 52 47.9 39.2 49.8 47.6 48.6 42.3

Net Income

75.6 B 85.9 B 42.3 B 72.1 B 79.1 B 70.4 B 59.4 B 43.8 B 46.5 B 66.1 B 63.9 B 78 B

Revenue

3.32 T 2.74 T 2.1 T 2.96 T 2.88 T 2.36 T 1.93 T 2.02 T 2.83 T 2.88 T 2.79 T 36.4 B

Gross Profit

- - - 476 B 488 B 474 B 443 B 430 B 401 B 427 B 414 B 36.4 B

Operating Income

75.8 B 94.6 B 13.7 B 86.5 B 82.6 B 71.5 B 77.2 B 56.8 B - - - -

Interest Expense

16.8 B 15 B 15.2 B 17.1 B 7.4 B 7.15 B 9.22 B 8.13 B - - - -

EBITDA

75.8 B 94.6 B 13.7 B 86.5 B 82.6 B 71.5 B 77.2 B 56.8 B 166 B 181 B 170 B 105 B

Operating Expenses

3.24 T 2.65 T 2.09 T 2.87 T 2.8 T 2.29 T 1.85 T 1.96 T 326 B 328 B 314 B 366 B

General and Administrative Expenses

55.8 B 55 B 53.7 B 54.4 B 65.8 B 65 B 64.4 B 69.5 B 126 B 125 B 113 B -51 B

All numbers in CNY currency

Quarterly Income Statement China Petroleum & Chemical Corporation

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

121 B - - - 121 B - - - 121 B - - - 121 B - - - 121 B - - - 121 B - - - 121 B - - - 121 B - - - - - - - - - - - - - - - - - - -

Net Income

75.6 B - - - 85.9 B - - - 42.3 B - - - 72.1 B - - - 79.1 B - - - 70.4 B - - - 59.4 B - - - 43.8 B - - - - - - - - - - - - - - - - - - -

Revenue

3.32 T - - - 2.74 T - - - 2.1 T - - - 2.96 T - - - 2.88 T - - - 2.36 T - - - 1.93 T - - - 2.02 T - - - - - - - - - - - - - - - - - - -

Operating Income

75.8 B - - - 94.6 B - - - 13.7 B - - - 86.5 B - - - 82.6 B - - - 71.5 B - - - 77.2 B - - - 56.8 B - - - - - - - - - - - - - - - - - - -

Interest Expense

16.8 B - - - 15 B - - - 15.2 B - - - 17.1 B - - - 7.4 B - - - 7.15 B - - - 9.22 B - - - 8.13 B - - - - - - - - - - - - - - - - - - -

EBITDA

75.8 B - - - 94.6 B - - - 13.7 B - - - 86.5 B - - - 82.6 B - - - 71.5 B - - - 77.2 B - - - 56.8 B - - - - - - - - - - - - - - - - - - -

Operating Expenses

3.24 T - - - 2.65 T - - - 2.09 T - - - 2.87 T - - - 2.8 T - - - 2.29 T - - - 1.85 T - - - 1.96 T - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

55.8 B - - - 55 B - - - 53.7 B - - - 54.4 B - - - 65.8 B - - - 65 B - - - 64.4 B - - - 69.5 B - - - - - - - - - - - - - - - - - - -

All numbers in CNY currency

The income statement is one of the three key financial reports of a company China Petroleum & Chemical Corporation (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

Reports on the profits and losses of other stocks in the Oil gas equipment industry

Issuer Price % 24h Market Cap Country
Adams Resources & Energy Adams Resources & Energy
AE
- - $ 96.3 M usaUSA
Exterran Corporation Exterran Corporation
EXTN
- - $ 153 M usaUSA
Liberty Oilfield Services Liberty Oilfield Services
LBRT
$ 17.36 -11.56 % $ 2.81 B usaUSA
Matrix Service Company Matrix Service Company
MTRX
$ 12.34 -3.82 % $ 343 M usaUSA
Frank's International N.V. Frank's International N.V.
FI
- 7.14 % $ 120 M usaUSA
Natural Gas Services Group Natural Gas Services Group
NGS
$ 36.47 -6.15 % $ 457 M usaUSA
North American Construction Group Ltd. North American Construction Group Ltd.
NOA
$ 13.92 -0.29 % $ 399 M canadaCanada
Seacor Holdings Inc. Seacor Holdings Inc.
CKH
- 0.22 % $ 851 M usaUSA
ChampionX Corporation ChampionX Corporation
CHX
- - $ 4.92 B usaUSA
Recon Technology, Ltd. Recon Technology, Ltd.
RCON
$ 0.47 11.59 % $ 4.27 M chinaChina
Cypress Environmental Partners, L.P. Cypress Environmental Partners, L.P.
CELP
- - $ 6.04 M usaUSA
Schlumberger Limited Schlumberger Limited
SLB
$ 52.42 11.01 % $ 74.5 B franceFrance
FTS International, Inc. FTS International, Inc.
FTSI
- -0.61 % $ 366 M usaUSA
ION Geophysical Corporation ION Geophysical Corporation
IO
- -6.68 % $ 10.4 M usaUSA
Suncor Energy Suncor Energy
SU
$ 65.81 -0.9 % $ 80.2 B canadaCanada
Dril-Quip Dril-Quip
DRQ
- -3.51 % $ 527 M usaUSA
PetroChina Company Limited PetroChina Company Limited
PTR
- -0.51 % $ 140 B chinaChina
RigNet, Inc. RigNet, Inc.
RNET
- -2.24 % $ 202 M usaUSA
TOTAL SE TOTAL SE
TOT
- - $ 128 B franceFrance
Mammoth Energy Services Mammoth Energy Services
TUSK
$ 2.73 -2.85 % $ 132 M usaUSA
Gulf Island Fabrication Gulf Island Fabrication
GIFI
- - $ 186 M usaUSA
Cactus Cactus
WHD
$ 55.12 -0.49 % $ 4.42 B usaUSA
YPF Sociedad Anónima YPF Sociedad Anónima
YPF
$ 51.4 -1.0 % $ 20.1 B argentinaArgentina
Forum Energy Technologies Forum Energy Technologies
FET
$ 57.86 0.35 % $ 688 M usaUSA
Archrock Archrock
AROC
$ 36.14 -5.87 % $ 6.3 B usaUSA
MRC Global MRC Global
MRC
- - - usaUSA
NexTier Oilfield Solutions NexTier Oilfield Solutions
NEX
- - $ 2.58 B usaUSA
Nine Energy Service Nine Energy Service
NINE
- - $ 17.9 M usaUSA
Profire Energy Profire Energy
PFIE
- - $ 120 M usaUSA
Newpark Resources Newpark Resources
NR
- -4.59 % $ 628 M usaUSA
Superior Drilling Products Superior Drilling Products
SDPI
- - $ 30 M usaUSA
NOV NOV
NOV
$ 20.76 3.13 % $ 7.72 B usaUSA
U.S. Silica Holdings U.S. Silica Holdings
SLCA
- -0.06 % $ 1.19 B usaUSA
Solaris Oilfield Infrastructure Solaris Oilfield Infrastructure
SOI
- -0.88 % $ 498 M usaUSA
Helix Energy Solutions Group Helix Energy Solutions Group
HLX
$ 9.91 2.16 % $ 1.47 B usaUSA
National Energy Services Reunited Corp. National Energy Services Reunited Corp.
NESR
$ 27.62 -0.93 % $ 2.72 B usaUSA
Core Laboratories N.V. Core Laboratories N.V.
CLB
$ 11.67 -1.19 % $ 541 M niderlandNiderland
Cenovus Energy Cenovus Energy
CVE
$ 29.28 -1.5 % $ 53 B canadaCanada
Smart Sand Smart Sand
SND
$ 4.66 -3.12 % $ 182 M usaUSA
ProPetro Holding Corp. ProPetro Holding Corp.
PUMP
$ 11.8 -4.1 % $ 1.23 B usaUSA
Flotek Industries Flotek Industries
FTK
$ 25.84 -0.39 % $ 876 M usaUSA
Petróleo Brasileiro S.A. - Petrobras Petróleo Brasileiro S.A. - Petrobras
PBR
$ 18.77 -1.21 % $ 586 B brasilBrasil
RPC RPC
RES
$ 5.61 -4.27 % $ 1.19 B usaUSA
Sasol Limited Sasol Limited
SSL
$ 11.83 -1.78 % $ 7.55 B south-africaSouth-africa
Tidewater Tidewater
TDW
$ 78.54 1.42 % $ 3.93 B usaUSA
Eni S.p.A. Eni S.p.A.
E
$ 52.4 0.84 % $ 158 B italiaItalia
Dawson Geophysical Company Dawson Geophysical Company
DWSN
$ 4.98 4.62 % $ 154 M usaUSA
NCS Multistage Holdings NCS Multistage Holdings
NCSM
$ 47.23 7.34 % $ 122 M usaUSA
Oil States International Oil States International
OIS
$ 8.67 -0.12 % $ 509 M usaUSA