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China Petroleum Engineering Co., Ltd. (China)

Main Activities: Petrochemical Manufacturing
Full name: China Petroleum Engineering Co., Ltd. Profile Updated: March 17, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

China Petroleum Engineering Corporation is a company based in Beijing that specializes in the production and sale of petrochemical products. The company has faced challenges due to the slow recovery of the international economy, strict domestic macroeconomic regulation, and uncertainties in economic development. The chemical industry market has remained sluggish, with high raw material prices and labor costs, resulting in a significant decline in product profitability. To address these challenges, the company has focused on optimizing production, ensuring the safe and smooth operation of facilities, and implementing effective budget control and analysis. They have also made continuous improvements to their internal control system and successfully passed the re-certification audit for quality, health, safety, and environmental management systems.

Headquarters
2 Daqing E. Rd. Dushanzi Dt. Kelamayi Xinjiang
Beijing; Beijing; Postal Code: 102200

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Website: http://www.cpec.com.cn

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 28, 1999
Key Executives
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Chairman
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Director
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Director
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Director
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Director
Ownership Details
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54.29%
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17.91%
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3.54%
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0.71%
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0.57%
Subsidiaries
China Huanqiu Engineering Co., Ltd.
100%
China Petroleum Engineering Co., Ltd.
100%
China Petroleum Engineering Construction Co., Ltd.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
51.74%
Total operating revenue
51.75%
Operating profit (EBIT)
14.03%
Net Profit (Loss) for the Period
32.65%
Total assets
2.05%
Total equity
0.89%
Operating Profit Margin (ROS)
-0.78%
Net Profit Margin
-0.25%
Return on Equity (ROE)
0.82%
Quick Ratio
0.01%
Cash Ratio
0.02%

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