Get The Free Sample Complete
SWOT & PESTLE Analysis Report
This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get Your Free Summary Copy of the
SWOT & PESTLE Analysis Report
Get the summary SWOT & PESTLE.com report delivered straight to your email inbox for free. Our insightful and holistic reports have helped corporates, academia and researchers take their research forward. You also agree to receive email updates from us on our new reports and solutions.

Sinopec Corp SWOT & PESTLE Analysis

ID : 5263453| Sep 2020

COMPANY PROFILE -Sinopec Corp

Business Sector :Oil and Gas

Operating Geography :Asia,China.

About Sinopec Corp :

Sinopec Corp. is one of the largest integrated energy and chemical company based in Beijing, China. The scope of its business mainly covers oil and gas exploration and production, extraction, pipeline transmission and marketing etc. The company is China's largest producer and supplier of refined oil products (including gasoline, diesel and jet fuel, etc.) and major petrochemical products. Sinopec had 690,000 employees in 2011 and is increasing in size year by year.

Sinopec Corp Revenue :

RMB 1,930.9 billion (FY 2016)

Competitive Analysis of Sinopec Corp

SWOT
PESTLE
The SWOT Analysis for Sinopec Corp. is given below:
Strengths
Weaknesses
1. Stable and remarkable growth
2. New innovation and research
3. Improving the efficiency
4. Successful international operations
5. Committed to quality and efficiency
1. Does not feature in the top league
2. Need for a sustainable model
Opportunities
Threats
1. Leading mixed ownership reform
2. Increasing consumption of oil in China
1. Problems in implementing an efficient energy model
2. Severe competition
3. Fluctuations in price
4. There are several challenges in oil exploration
SWOT & PESTLE (combined)
Complete Report
USD 9.52
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments
On purchase, the report will reach your email inbox within minutes. At rare times, a slight delay not exceeding 4 hours might be caused.

Detailed SWOT Analysis of Sinopec Corp

Strength

1. Stable and remarkable growth: While both share price and market capitalization increased, Sinopec Group, with Sinopec Corp. as its core asset, ranked third on the Fortune Global 500 list for 2014. Sinopec has maintained a favourable growth momentum throughout the years. The operating revenue of the company has increased by 12.8% in 2014, from the year 2011. Sinopec financed its capital needs through the issuance of bonds based on market conditions, which effectively improved its capital and debt structure, enhanced enterprise value and supported the rapid development of the company.

2. New innovation and research: It enhanced its capabilities in innovation and achieved a series of strategic research advances with practical applications. The breakthroughs in the research into shale gas development, new type of coal-to-chemical conversion, new materials, energy conservation and environmental protection have helped Sinopec to further improve their industry structure and product mix.

3. Improving the Efficiency: The company focuses on improving the efficiency of upstream exploration, in particular through the development of unconventional oil and gas exploration and the construction of liquefied natural gas facilities. Sinopec fully upgraded the quality of refined oil and were the first to make all of their gasoline and automobile diesel products meet the GB IV national standard; some regions have upgraded product to the GB V.

4. Successful international operations: Sinopec has paid great attention to international operations. The Group accelerated its “Going Global” pace and achieved great progress. Presently, the Group has cooperation agreements with many countries, including Iran, Saudi Arabia, Gabon, Kazakhstan, Yemen, Ecuador, Angola, Oman, Libya, Niger and Mali, to exploit and develop their local oil and gas projects.

5. Committed to quality and efficiency: Sinopec is committed to development through the improvement of internal quality and efficiency, and they maintain their core strategy of driving growth by innovation, in order to transform Sinopec into a scientific and services based company. They hope to gradually shift the industry structure from “petroleum and chemicals” to “energy and materials,” changing the value creation model from a focus on manufacturing to a focus on innovation and services.

Weakness

1. Does not feature in the top league: Even though Sinopec has 11 refineries with processing capacity is up to 107 tons per year, Sinopec doesn’t even feature in the list of top 10 companies in the world, in terms of processing speed.

2. Need for a sustainable model: Availability of oil and petroleum resources is getting increasingly difficult over the years. In order to have sustainable business model, the company needs to look for some sustainable options in its value creation model.

Opportunity

This section is available only in the 'Complete Report' on purchase.

Threat

This section is available only in the 'Complete Report' on purchase.

SWOT & PESTLE (combined)
Complete Report
USD 9.52
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments
On purchase, the report will reach your email inbox within minutes. At rare times, a slight delay not exceeding 4 hours might be caused.

Check Out Analysis of Other Relevant Companies

TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
How to Reference This Page?

You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.

Sinopec Corp SWOT & PESTLE Analysis - SWOT & PESTLE.COM

SWOT & PESTLE.com (2020). Sinopec Corp SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/sinopec-corp/ [Accessed 26 Nov, 2020].

In-text: (SWOT & PESTLE.com, 2020)

Copyrights and Disclaimer

Sinopec Corp SWOT and PESTLE analysis has been conducted by Shobhna Dixit and reviewed by senior analysts from Barakaat Consulting.

Copyright of Sinopec Corp SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.

You might also like to check out :
Sinopec Corp SWOT & PESTLE Analysis
Price : USD 9.52