Financial Statements

China Petroleum & Chemical Corporat... (SNP)

$51.9

+0.74 (+1.45%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 322,361322,872279,482290,459-
Net Income 71,97533,09657,46561,61851,244
Stock Dividends -345,309-2,12831,933-4,796271,904
Dividend Paid -49,027-31,479-46,008-67,799-32,689
Retained Earnings -322,361322,872279,482290,459

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 980,3801,063,751754,725769,419-
Annual Depreciation 187,81334,503438,67180,059832,960
Capital Expenditure -144,921-117,874-129,645-94,753-63,541
Net PPE 1,023,272980,3801,063,751754,725769,419

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -8,6348,6768,6978,620
New Purchases -91,384-42,973-28,855-97,429-13,085
Intangible and Goodwill 8,6348,6768,6978,6208,594

China Petroleum & Chemical Corporation income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes China Petroleum & Chemical Corporation FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.