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    Home > Chemicals Industry > Rubber Plastic News > Sinopec releases 2021 operating results, the best level in the past decade

    Sinopec releases 2021 operating results, the best level in the past decade

    • Last Update: 2022-09-24
    • Source: Internet
    • Author: User
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    On March 27, Sinopec released its 2021 annual performance report


    ✧ The company's operating income was RMB 2.


    ✧ Profit attributable to shareholders of the company was 71.


    ✧ The net cash flow from operating activities of the company reached 225.


    ✧ A dividend of RMB 0.


    ✧ The annual domestic crude oil output was 35.


    ✧ The annual processed crude oil was 255 million tons, a year-on-year increase of 7.


    ✧ The annual sales volume of refined oil products was 221 million tons, and the total sales volume of chemical products was 81.


    ✧ Obtained 4,868 domestic and overseas patent authorizations

    According to reports, in 2021, in the face of the epidemic situation of the century and the severe and complex macro environment, Sinopec will vigorously implement the world's leading development strategy, focus on promoting high-quality development, successfully complete various goals and tasks, and achieve a good start to the "14th Five-Year Plan".


    According to the International Financial Reporting Standards, the company achieved a turnover and other operating income of 2.


    According to the Chinese Accounting Standards for Business Enterprises, the net profit attributable to shareholders of the parent company was RMB 71.


    Let's take a look at the basic situation of Sinopec in 2021 in terms of refining, chemical industry, scientific research and capital expenditure


    In terms of refining, we will adhere to the integrated coordination of production and sales, focus on expanding the total volume and adjusting the structure, and maximize the overall efficiency of the industrial chain


    In terms of chemical industry, adhere to "basic + high-end", accelerate the construction of advantages and advanced production capacity, strengthen structural adjustment, extend the industrial chain, and cultivate growth points


    In terms of chemical industry, adhere to "basic + high-end", accelerate the construction of advantages and advanced production capacity, strengthen structural adjustment, extend the industrial chain, and cultivate growth points


    In terms of scientific and technological development, deepen the reform of the scientific and technological system and mechanism, increase investment in science and technology, and promote key and core technology research


    In terms of scientific and technological development, deepen the reform of the scientific and technological system and mechanism, increase investment in science and technology, and promote key and core technology research
    .
    Upstream, new progress has been made in oil and gas exploration theories in the Sichuan Basin and Shunbei area, and breakthroughs have been made in key technologies for exploration and development

    .
    In terms of oil refining, the world's first full-distillate crude oil catalytic cracking technology industrial test was completed; a breakthrough was made in the industrial application of MFP technology for the production of propylene and low-sulfur fuel oil components; needle coke products were successfully developed and produced

    .
    In terms of chemical industry, it took the lead in completing the industrial test of direct cracking of crude oil to produce ethylene; successfully developed 15 new lightweight products for green and environmental protection such as carbon fiber reinforced epoxy resin composite materials; and made breakthroughs in the development of a series of hydrogenated styrene elastomers

    .
    Throughout the year, 8,045 domestic and foreign patents were applied, and 4,868 domestic and foreign patent authorizations were obtained; 1 first prize, 5 second prizes of the 2020 National Science and Technology Progress Award, 1 second prize of the National Technology Invention Award; 1 Chinese Patent Gold Award , 4 silver awards and 11 excellence awards

    .

    In terms of capital expenditures, it focuses on promoting the high-quality development of the company through incremental investment
    .
    Capital expenditure for the year was RMB 167.
    9 billion

    .
    The capital expenditure of the exploration and development segment was RMB 68.
    1 billion, which was mainly used for crude oil production capacity construction in Shunbei, natural gas production capacity construction in Western Sichuan, Fuling, Weirong, storage and transportation facilities such as Tianjin LNG Phase II, Qingdao LNG Phase III, and Shengli CCUS, etc.
    Project construction; the capital expenditure of the refining segment was RMB 22.
    5 billion, which was mainly used for the expansion of Zhenhai Refinery and refinery structure adjustment projects such as Anqing and Yangzi; the capital expenditure of the marketing and distribution segment was RMB 21.
    9 billion, which was mainly used for refueling (gas) stations, " Construction of projects such as "Oil, Gas and Hydrogen Power Services" comprehensive energy stations and logistics facilities; capital expenditure of chemical sector of RMB 51.
    6 billion, mainly for the construction of Zhenhai, China and South Korea, Hainan, Tianjin Nangang, Gulei and other projects; headquarters and other capital expenditures of RMB 51.
    6 billion 3.
    8 billion yuan, mainly used for scientific and technological research and development and informatization and other projects

    .

    Ma Yongsheng, chairman of Sinopec, said that in 2022, Sinopec will adhere to the general principle of seeking progress while maintaining stability, base itself on the new development stage, fully, accurately and comprehensively implement the new development concept, and focus on high-quality corporate governance, production and operation, transformation and development, and technology.
    Innovation, reform management and other aspects of work, unswervingly march towards the world's leading goal, create greater value for shareholders and society, and cheer for a better life

    .

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