
China Petroleum & Chemical Corp
SSE:600028

China Petroleum & Chemical Corp
Interest Income Expense
China Petroleum & Chemical Corp
Interest Income Expense Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Interest Income Expense | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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China Petroleum & Chemical Corp
SSE:600028
|
Interest Income Expense
ÂĄ8.5B
|
CAGR 3-Years
81%
|
CAGR 5-Years
25%
|
CAGR 10-Years
N/A
|
|
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PetroChina Co Ltd
SSE:601857
|
Interest Income Expense
ÂĄ4.6B
|
CAGR 3-Years
-38%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
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Guanghui Energy Co Ltd
SSE:600256
|
Interest Income Expense
-ÂĄ874m
|
CAGR 3-Years
17%
|
CAGR 5-Years
5%
|
CAGR 10-Years
N/A
|
|
S
|
Shanxi Guoxin Energy Corp Ltd
SSE:600617
|
Interest Income Expense
-ÂĄ755.6m
|
CAGR 3-Years
1%
|
CAGR 5-Years
0%
|
CAGR 10-Years
-15%
|
China Petroleum & Chemical Corp
Glance View
In the vast landscape of the global energy sector, China Petroleum & Chemical Corp., often known as Sinopec, stands as a colossus with deep roots in the intricacies of the oil and gas industry. Founded in 1998, Sinopec's growth narrative mirrors China's meteoric economic rise, swiftly evolving from a state-backed enterprise into one of the world's largest integrated energy and chemical companies. This transition was underpinned by its strategic focus on refining, distribution, and marketing oil and petrochemical products while also delving into scientific research and development. Sinopec’s operations span the entire oil and gas value chain – from upstream activities of exploration and production to refining and finally to the distribution of petroleum products. Its ability to manage and optimize each link in this chain grants it a competitive edge in the relentless global energy market. Sinopec's financial vigor stems from its diversified operations and an unparalleled scale of production, particularly in refining and petrochemical processing, where it enjoys a commanding position not only in China but globally. Refining is a monumental source of revenue for the company, as it operates one of the largest refining capacities worldwide, converting crude oil into value-added products like gasoline, diesel, kerosene, and other industrial chemicals. Furthermore, Sinopec capitalizes on its vast retail network, integrating these products into the market directly through thousands of service stations across China, thus maximizing its reach and revenue potential. This extensive network, coupled with its well-honed supply chain efficiency, enables the company to maintain solid profit margins while adapting to the dynamic shifts in both domestic and international markets. Through a combination of strategic upstream activities and downstream operations, Sinopec not only emerges as a vital player in energy production but also as a pivotal driver of China's industrial growth.

See Also
What is China Petroleum & Chemical Corp's Interest Income Expense?
Interest Income Expense
8.5B
CNY
Based on the financial report for Sep 30, 2024, China Petroleum & Chemical Corp's Interest Income Expense amounts to 8.5B CNY.
What is China Petroleum & Chemical Corp's Interest Income Expense growth rate?
Interest Income Expense CAGR 5Y
25%
Over the last year, the Interest Income Expense growth was 102%. The average annual Interest Income Expense growth rates for China Petroleum & Chemical Corp have been 81% over the past three years , 25% over the past five years .