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China Petroleum & Chemical (STU:CHU) Construction In Progress : €27,948 Mil (As of Dec. 2024)


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What is China Petroleum & Chemical Construction In Progress?

China Petroleum & Chemical's quarterly construction in progress declined from Jun. 2024 (€25,125 Mil) to Sep. 2024 (€24,757 Mil) but then increased from Sep. 2024 (€24,757 Mil) to Dec. 2024 (€27,948 Mil).

China Petroleum & Chemical's annual construction in progress declined from Dec. 2022 (€27,562 Mil) to Dec. 2023 (€23,688 Mil) but then increased from Dec. 2023 (€23,688 Mil) to Dec. 2024 (€27,948 Mil).

China Petroleum & Chemical Construction In Progress Historical Data

The historical data trend for China Petroleum & Chemical's Construction In Progress 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 Construction In Progress Chart

China Petroleum & Chemical Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,515.42 22,705.32 27,561.60 23,688.25 27,947.99

China Petroleum & Chemical Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23,688.25 22,904.38 25,125.02 24,756.62 27,947.99

China Petroleum & Chemical Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

China Petroleum & Chemical Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Petroleum & Chemical Corp (STU:CHU) » Definitions » Construction In Progress
Comparable Companies
HKSE:00228 HKSE:00346 HKSE:00332 HKSE:01251 SAU:2222 XOM CVX SHSE:601857 LSE:SHEL XPAR:TTE LSE:BP. BSP:PETR3 ADX:ADNOCGAS OSL:EQNR MIL:ENI TSX:SU TSX:IMO BOM:500312 BKK:PTT TSX:CVE
Traded in Other Exchanges
SNPMF:USA 00386:Hong Kong CHU:Germany 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 2024, Sinopec's production of oil and gas equivalent was 515.35 million barrels. The firm also processed 252.30 million metric tons of crude oil.