China's Listed Companies Ranked No. 1 among the Top 100 Oil and Chemical Enterprises and Sinopec ranked first

On December 21st, the Top 100 Competitive Listed Companies of China's Listed Companies ranked by the Global Competitiveness Organization was released. Among them, there are 13 listed companies in the petroleum and chemical industries entering the top 100, and China Petroleum & Chemical Corporation has topped the list with a standard composite index of 55.6767.
In the top 100 rankings, China Petrochemical Corporation ranks first, and Sinopec Yangzi Petrochemical Co., Ltd. ranks third, offshore oil engineering Co., Ltd., Shanxi Coking Co., Ltd., and Yunnan Yuntian Chemical Co., Ltd. , Sinochem International Trading Co., Ltd., Jilin Chemical Industry Co., Ltd., Shanxi Orchid Science and Technology Co., Ltd., Sinopec Shanghai Petrochemical Co., Ltd., Sichuan Meifeng Chemical Co., Ltd., Sinopec Qilu Co., Ltd., Sinopec Corp. China Petroleum & Gas High-tech Co., Ltd. and Shandong Hualu Hengsheng Chemical Co., Ltd. are all on the list.
It is understood that in 2004 there were six oil and chemical listed companies entering the top 100, and this year's number has more than doubled, and is the industry with the largest number of selected companies.
According to Sun Zhiguo, the country's Director General of China, although oil and chemical companies are among the most selected, they are not internally balanced. Affected by the high international oil prices, the profits of crude oil exploration and mining listed companies have increased significantly this year, while listed companies in the oil refining industry have suffered losses for the first time, and the degree of prosperity of listed chemical companies has shown signs of decline. In the basic chemical industry, listed companies in the chemical fiber manufacturing, rubber products, and plastic products industries are still in the midst of rising costs in the upper reaches, capacity expansion in the industry, and decline in downstream demand. They are basically in a meager state of profit, so there is no one in the list. Strong. The report shows that Sinopec, ranked No. 1 in the first place, has seen its net profit increase by 20% year-on-year in the crude oil exploration and mining business. However, the first loss in the oil refining industry has brought about a decline in the economic business.
As a coalition organization of global competitiveness research and evaluation institutions, the evaluation report of the Global Competitiveness Organization has received extensive attention. The scope of this selection is all 1,382 listed companies in Shenzhen and Shanghai before April 30, 2005. The evaluation criteria include the four major indicators of main income, earnings per share, cash flow per share and net profit, taking into account the soft indicators such as production scale, technical level, and research and development capabilities.

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