
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.