Listed companies' annual results of the oil and chemical industry overall performance of steady growth

as of the end of April, a total of 3,591 listed companies, in addition to eight companies with special reasons, had disclosed their 2018 annual reports, while the disclosure of the 2019 quarterly report was launchedData show that in 2018, Shanghai and Shenzhen achieved a total of 45.25 trillion yuan in main revenue, an increase of 11.49 percent year-on-yearThe overall performance of listed companies in the petroleum and chemical industries continued to grow steadilyit is understood that in 2018, the operating income of petroleum and petrochemical listed companies was RMB673.6129 billion, the net profit attributable to the parent company was RMB222.93 billion, and the profit margin of operating income was 3.31%; Xie Jianbin, an analyst atShen Wanhongyuan Securities, said that in 2018 oil and petrochemical products as a whole showed a "pre-high after low" trend, from January to September, international oil prices as a whole rose, and then fell sharplyBrent and WTI averaged $71.13 and $64.9 per barrel for the year, up 31.2% and 27.8% year-on-year, respectivelyaffected by this, Sinopec and PetroChina accounted for 289.179 billion yuan and 235.3588 billion yuan, respectively, up 22.5% and 16.75% YoY, respectively, accounting for nearly 12% of total A-share revenue;based on the rising dependence of China's oil and gas external, domestic oil and gas exploration and development has been gradually paid attention to, to the oil service industry and downstream PX-PTA-polyester industry chain has a positive impactJerry's annual report shows that last year, the company achieved operating income of 4.597 billion yuan, up 44% YoY, net profit of 615 million yuan, up 807 percent YoY, Hengtai Aip, Tongyuan Petroleum, Potential Hengxin, ST Oil Service, CNOOC, Hengyi Petrochemical, Hengli shares, etcalso showed a turn-around profit or performance growth2018 is a key year for China's environmental protection system constructionSince 2018, the state has issued the Three-Year Action Plan for the Blue Sky Defense War, five fertilizer industry standards, the Measures for Public Participation in Environmental Impact Assessment, and the Action Plan for the Comprehensive Control of Air Pollution in Beijing, Tianjin and surrounding areas for autumn and winter 2018-2019In addition, with the in-depth development of the structural reform on the supply side, the chemical industry's production capacity effect gradually appears, the low-end production capacity gradually withdraws, the high-end production capacity is gradually released, accelerate the restructuring and optimization of the industryFertilizers, pesticides, tires, silicones, dyes, electronic chemicals and other industries have a good performanceIn terms of individual stocks, Hesheng Silicon Industry, Wanhua Chemical, Fangda Carbon, Yangnon Chemical's earnings per share are in the top of the two cities, while the top net profit growth rate is the Chinese Science and Technology New Materials, Shanxi Coking, San Aifu and so onin the first quarter of this year, the petroleum and chemical industry continued the trend of last year's good resultsAmong the companies that have disclosed their quarterly results in 2019, the larger year-on-year increase in net profit was mainly in the sub-sectors of dyes, tires, phosphorus chemicals, electronic chemicals, OLED and so on chemical stocks in the first quarter of this year also received a number of institutions recognized From the current institutions to increase the holding of companies, chemical stocks reached 36 Among them, the highest proportion of chemical stocks in the increase is Double Arrow shares, institutions to its shareholding in the end of the fourth quarter of last year rose 27.62 percent, from 9.52 percent at the beginning of the period to 30.27 percent today