
China Petroleum & Chemical Corp
SSE:600028

Operating Margin
China Petroleum & Chemical Corp
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
Country | Company | Market Cap |
Operating Margin |
||
---|---|---|---|---|---|
CN |
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China Petroleum & Chemical Corp
SSE:600028
|
709.5B CNY |
2%
|
|
SA |
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Saudi Arabian Oil Co
SAU:2222
|
6.7T SAR |
43%
|
|
US |
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Exxon Mobil Corp
NYSE:XOM
|
514.8B USD |
13%
|
|
US |
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Chevron Corp
NYSE:CVX
|
297.1B USD |
13%
|
|
UK |
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Shell PLC
LSE:SHEL
|
177.4B GBP |
12%
|
|
NL |
R
|
Royal Dutch Shell PLC
OTC:RYDAF
|
230.1B USD |
12%
|
|
CN |
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PetroChina Co Ltd
SSE:601857
|
1.5T CNY |
8%
|
|
FR |
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TotalEnergies SE
PAR:TTE
|
136B EUR |
13%
|
|
UK |
![]() |
BP PLC
LSE:BP
|
69.2B GBP |
7%
|
|
BR |
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Petroleo Brasileiro SA Petrobras
BOVESPA:PETR4
|
481.9B BRL |
35%
|
|
NO |
![]() |
Equinor ASA
OSE:EQNR
|
803B NOK |
30%
|
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
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on China Petroleum & Chemical Corp's most recent financial statements, the company has Operating Margin of 2%.