Is the oil in China Petrochemical Gas Station good?

China Petrochemical Gas Station is a state-owned enterprise with guaranteed quality, which is quite good and worth recommending.

China Petrochemical Corporation Limited (hereinafter referred to as Sinopec Group) is a super-large petroleum and petrochemical enterprise group reorganized on the basis of the former sinopec group in July 1998. It is a state-owned company wholly owned by the state, an institution authorized by the state to invest and a state holding company. The registered capital of the company is 23 16 billion yuan, the chairman of the board is the legal representative, and the headquarters is located in Beijing.

The company's main business scope includes: industrial investment and investment management; Exploration, exploitation, storage and transportation (including pipeline transportation), sales and comprehensive utilization of oil and natural gas; Coal production, sales, storage and transportation; Petroleum refining; Storage, transportation, wholesale and retail of refined oil; Production, sales, storage and transportation of petrochemical, natural gas chemical, coal chemical and other chemical products;

Production, sales, storage and transportation of new energy, geothermal and other energy products; Exploration, design, consultation, construction and installation of petroleum and petrochemical engineering; Maintenance and repair of petroleum and petrochemical equipment; R&D, mechanical and electrical equipment manufacturing and sales; Production and sales of electricity, steam, water and industrial gases; Research, development, application and consulting services of technology, e-commerce and information and alternative energy products; Self-management and agency of import and export business of related commodities and technologies; Foreign project contracting, bidding and purchasing, and labor export; International warehousing and logistics business, etc.

Company size

According to international financial reporting standards, in 20 13 years, the company realized turnover and other operating income of 28,80310 billion yuan, an increase of 3.4% compared with 20 12 years, and operating income of 96.785 billion yuan, a decrease compared with 20 12 years. The profit attributable to shareholders of the company is 6665438+32 million yuan, an increase of 3.5% compared with 20 12. The basic net profit per share is 0.57 yuan.

According to China Accounting Standards for Business Enterprises, in 20 13, the operating profit was RMB 96.453 billion, 9.7% higher than that in 20 12. The net profit attributable to shareholders of the company was 6765438+79 million yuan, an increase of 5.8% over 20 12. The basic earnings per share is RMB 0.579.

The board of directors of the company suggested that in 20 13, the final dividend per share was 0. 15 yuan, plus the dividend already distributed in the interim period was 0.09 yuan per share, and the annual dividend per share was 0.24 yuan. In recent years, the dividend distribution rate of the company has increased year by year. The dividend rate in 20 13 years is 42. 1% (according to international financial reporting standards), and the annual cash dividend is 27.98 billion yuan. Based on the annual average share price, the dividend yield of H shares reached 4.82%.

In the exploration and development business sector, in 20 13, by strengthening the exploration and development in five key areas, the steady growth of oil and gas reserves and production was realized, and the annual oil and gas equivalent production was 442.84 million barrels, an increase of 3.48% over 20 12; Among them, the crude oil output was 3,325,400 barrels, an increase of 1.30% compared with 20 12, and the natural gas output was 6601.800 million cubic feet, an increase of 10.4% compared with 20 12. The operating income is RMB 54.8 billion.

In the oil refining business sector, 232 million tons of crude oil was processed in 20 13, an increase of 4.81%over 20 12; The output of refined oil was 1.40 billion tons, which was 5.59% higher than that of 20 12. The sales volume of refined oil products increased, with an operating income of 8.6 billion yuan.

In the chemical business section, the factory load and production plan were adjusted in time on 20 13, with the adjustment of raw materials and product structure as the top priority. The annual output of ethylene was 9.98 million tons, up 5.58% compared with 20 12, and the total amount of chemical products was 58.23 million tons, up 7. 14% compared with 20 12.

In the oil sales business segment, in view of the structural changes in the demand of the refined oil market, we flexibly adjusted the marketing strategy, increased the sales of high-grade gasoline and jet fuel, and took the lead in providing high-quality refined oil to the market. In 20 13 years, the total amount of refined oil1800,000 tons, of which the total amount of domestic refined oil1650,000 tons, increased by 4.04% compared with 20 12 years, and realized operating income.

In the field of scientific and technological development, in 20 13 years, 4,442 patents were applied at home and abroad, and 2,388 patents were authorized at home and abroad; Won two national technological invention awards and two scientific and technological progress awards; Won 6 China patent excellence awards.

In terms of safety, environmental protection, energy saving and emission reduction, compared with 20 12 years, the comprehensive energy consumption per 10,000 yuan output value decreased by 2.0 1%, the industrial water consumption decreased by 1. 19%, the COD of discharged wastewater decreased by 3.85%, and the sulfur dioxide emission decreased by 4.7/kloc-0.

In 20 13, the annual capital expenditure of China Petrochemical Company was1685.97 billion yuan, including 88.782 billion yuan for exploration and development, 5.8 million tons of new crude oil production capacity and 2.44 billion cubic meters of new natural gas production capacity. The capital expenditure of the refining sector is 26.064 billion yuan, which is mainly used for refining expansion projects and oil quality upgrading projects;

The capital expenditure of the oil sales division is 29.486 billion yuan, which is mainly used for the development and transformation of gas stations, the construction of refined oil pipelines and oil depots; The capital expenditure of the chemical sector is 65,438+0,965,438+0.89 billion yuan, with the focus on the completion and commissioning of Wuhan Ethylene and Hainan Aromatics Project and the construction of Maoming Polypropylene Project; Headquarters and other capital expenditures amounted to 5.076 billion yuan, mainly used for the construction of scientific research devices and information projects.