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    Home > Chemicals Industry > China Chemical > "Three barrels of oil" earns 640 million yuan a day!

    "Three barrels of oil" earns 640 million yuan a day!

    • Last Update: 2023-03-03
    • Source: Internet
    • Author: User
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    With the release of PetroChina's annual report, the "three barrels of oil" (PetroChina, Sinopec, and CNOOC) have all disclosed their 2021 performance, with a total net profit of about 234.
    4 billion yuan and a daily profit of 640 million yuan
    .

    PetroChina has become the "profit king" with the fastest growth in net profit, Sinopec has become the "income king" with the highest operating income, and CNOOC's net profit has also reached the best level in history
    .

    In terms of operating income: Sinopec has the highest revenue, with revenue of 2.
    74 trillion yuan in 2021, a year-on-year increase of 30.
    2%; PetroChina achieved operating revenue of 2.
    6 trillion yuan, a year-on-year increase of 35.
    2%, a record high; CNOOC also reached a record high In 2021, the revenue will be 222.
    1 billion yuan, a year-on-year increase of 59.
    1%
    .

    In terms of net profit: PetroChina achieved a net profit of 92.
    17 billion yuan attributable to shareholders of the parent company, a year-on-year increase of 73.
    16 billion yuan and a year-on-year increase of 384.
    9%; Sinopec's profit attributable to shareholders was 71.
    975 billion yuan, a year-on-year increase of 115.
    2%, the highest in the past 10 years.
    Good level; CNOOC achieved a net profit of RMB 70.
    3 billion, a year-on-year increase of 181.
    7%
    .
    The profit difference between CNOOC and Sinopec is only 1.
    675 billion yuan
    .

    It is calculated that the total revenue of "Three Barrels of Oil" in 2021 will be about 5.
    56 trillion yuan, the net profit will be 234.
    4 billion yuan, and the daily earnings will be about 640 million yuan
    .

    In 2021, the global energy and bulk commodity prices will rise sharply, which will promote the gradual recovery of refined oil demand and drive the overall upward price of the domestic chemical market.
    PetroChina and Sinopec's refining and chemical segments will maintain stable gross profit and achieve good operating results
    .

    The profit before interest and tax of Sinopec's refining segment was 65.
    931 billion yuan, a year-on-year increase of 59.
    031 billion yuan, an increase of 8.
    5 times
    .
    In the whole year, 255 million tons of crude oil were processed, a year-on-year increase of 7.
    8%; 146 million tons of refined oil were produced, a year-on-year increase of 3.
    3%
    .

    In 2021, the operating income of Sinopec's chemical sector will be 505.
    5 billion yuan, a year-on-year increase of 36%; the profit before interest and tax will be 22.
    375 billion yuan, a year-on-year increase of 9.
    895 billion yuan, an increase of about 80%
    .
    The annual output of ethylene was 13.
    38 million tons, a year-on-year increase of 10.
    9%; the total operating volume of chemical products was 81.
    6 million tons
    .

    PetroChina's refining and chemical segment achieved operating income of RMB 974.
    972 billion, an increase of 25.
    8% over the same period of the previous year
    .
    Among them: the operating income of the refining business was RMB 736.
    004 billion, an increase of 23.
    9% over the same period of the previous year; the operating income of the chemical business was RMB 238.
    968 billion, an increase of 32.
    2% over the same period of the previous year
    .
    The commodity volume of chemical products was 30.
    796 million tons, a year-on-year increase of 6.
    7%, and the output of new chemical materials increased significantly
    .

    In 2021, PetroChina's refining and chemical segment realized an operating profit of RMB 49.
    740 billion, an increase of RMB 51.
    574 billion over the same period of the previous year
    .
    Among them, the refining business realized an operating profit of RMB 37.
    730 billion, an increase of RMB 50.
    531 billion over the same period of the previous year; the chemical business realized an operating profit of RMB 12.
    010 billion, an increase of RMB 1.
    043 billion over the same period of the previous year
    .

    While the performance has hit new highs one after another, the "three barrels of oil" are about to meet in the capital market
    .

    On March 30, the China Securities Regulatory Commission issued an approval for the initial public offering of shares by CNOOC, which means that the countdown to CNOOC's return to A shares has entered
    .
    CNOOC's public offering of no more than 2.
    99 billion new shares is expected to raise funds of 35 billion yuan
    .

    Before that, Sinopec and PetroChina were listed on A-shares on August 8, 2001 and November 5, 2007
    .

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