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China Petroleum & Chemical Corp ADR (SNP)

China Petroleum & Chemical Corp ADR (SNP)
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China Petroleum & Chemical Corp. or Sinopec is one of the largest petroleum and petrochemical companies in Asia. The company is the second largest crude oil and natural gas producer, and the largest refiner and marketer of refined petroleum products in China. The company is also the largest producer and distributor of petrochemicals in the nation. China Petrochemical Corporation, a state-owned enterprise, owns a 75.84% stake in Sinopec. The company operates in four business segments ' Exploration and Production (E&P), Refining, Marketing and Distribution, and Chemicals.It is to be noted that Sinopec is the largest refiner of China.The company's marketing and distribution segment offers enhanced customer service, reinforces quality control, expands sales volume and provides customers with premium oil products. Sinopec's six major categories of chemical products are basic organic chemicals, monomers and polymers for synthetic fiber, synthetic resin, synthetic fiber, synthetic rubber and chemical fertilizer.
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Sales 424,837,000 305,157,094 429,208,094 436,857,188 349,308,594
Sales Growth +39.22% -28.90% -1.75% +25.06% +20.20%
Net Income 11,156,130 4,795,610 8,315,190 9,310,480 7,584,110
Net Income Growth +132.63% -42.33% -10.69% +22.76% +7.97%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Total Assets 292,834,500 251,228,297 253,958,797 240,597,703 236,134,594
Total Assets Growth +16.56% -1.08% +5.55% +1.89% +4.70%
Total Liabilities 150,998,094 123,302,203 127,225,398 111,175,297 109,906,898
Total Liabilities Growth +22.46% -3.08% +14.44% +1.15% +9.43%
(Values in U.S. Thousands) Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018 Dec, 2017
Operating Cash Flow 34,901,969 24,273,359 22,199,869 26,573,650 28,258,381
Operating Cash Flow Growth +43.79% +9.34% -16.46% -5.96% -12.48%
Net Cash Flow 3,259,810 3,929,830 -7,467,820 -195,830 -1,665,000
Change in Net Cash Flow -17.05% +152.62% -3,713.42% +88.24% -119.92%
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