China Petroleum & Chemical (BSP:C1HI34) Other Income (Expense) : R$1,870 Mil (TTM As of Sep. 2023)

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What is China Petroleum & Chemical Other Income (Expense)?

China Petroleum & Chemical's other income expense for the China Petroleum & Chemical's pretax income for the three months ended in Sep. 2023 was R$2,205 Mil. Its other income expense for the trailing twelve months (TTM) ended in Sep. 2023 was R$1,870 Mil.

China Petroleum & Chemical Other Income (Expense) Historical Data

The historical data trend for China Petroleum & Chemical's Other Income (Expense) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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China Petroleum & Chemical Other Income (Expense) Chart

China Petroleum & Chemical Annual Data

Trend

Dec13

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Dec18

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Dec22

Other Income (Expense)

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3,615.04

2,977.56

23,995.44

-5,455.76

5,631.60

China Petroleum & Chemical Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Other Income (Expense)	Get a 7-Day Free Trial															3,188.96	-3,072.74	1,266.08	1,470.74	2,205.46

China Petroleum & Chemical Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1,870 Mil.

China Petroleum & Chemical (BSP:C1HI34) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

China Petroleum & Chemical (BSP:C1HI34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Petroleum & Chemical Corp (BSP:C1HI34) » Definitions » Other Income (Expense)

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SNPMF:USA 00386:Hong Kong CHU:Germany 600028:China

Address

No. 22 Chaoyangmen North Street, Chaoyang District, Beijing, CHN, 100728

Website

http://www.sinopec.com

China Petroleum & Chemical, or Sinopec, is one of China's national oil companies and one of Asian's largest integrated oil companies in terms of revenue. Its income is derived primarily from refining and marketing of oil products and petrochemical production. Sinopec has China's largest petrol station network with over 30,000 stations and enjoys significant market share in petrochemicals. Established in 2000 by China Petrochemical Corporation, a state-owned enterprise and majority shareholder, the company also owns oil and gas assets in Shandong and Sichuan provinces. It has a smaller global upstream presence than peers PetroChina and CNOOC. In 2022, Sinopec's production of oil and gas equivalent was 488.99 million barrels. The firm also processed 242 million metric tons of crude oil.

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