China Petroleum & Chemical (LSE:SNP) Other Operating Expense : $36,088 Mil (TTM As of Sep. 2023)

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What is China Petroleum & Chemical Other Operating Expense?

China Petroleum & Chemical's Other Operating Expense for the three months ended in Sep. 2023 was $11,232 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Sep. 2023 was $36,088 Mil.

China Petroleum & Chemical's quarterly Other Operating Expense declined from Mar. 2023 ($9,300 Mil) to Jun. 2023 ($8,436 Mil) but then increased from Jun. 2023 ($8,436 Mil) to Sep. 2023 ($11,232 Mil).

China Petroleum & Chemical's annual Other Operating Expense increased from Dec. 2020 ($36,561 Mil) to Dec. 2021 ($41,858 Mil) but then declined from Dec. 2021 ($41,858 Mil) to Dec. 2022 ($38,412 Mil).

China Petroleum & Chemical Other Operating Expense Historical Data

The historical data trend for China Petroleum & Chemical's Other Operating 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 Operating Expense Chart

China Petroleum & Chemical Annual Data

Trend

Dec13

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Dec22

Other Operating Expense

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37,188.29

35,603.46

36,560.79

41,857.66

38,412.01

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 Operating Expense	Get a 7-Day Free Trial															8,651.76	7,119.21	9,299.95	8,436.20	11,232.41

China Petroleum & Chemical Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating 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 $36,088 Mil.

China Petroleum & Chemical Other Operating Expense Related Terms

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China Petroleum & Chemical (LSE:SNP) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » China Petroleum & Chemical Corp (LSE:SNP) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

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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