Refined Petroleum Industry

An Expert's View about Refined Petroleum Products in China

Last updated: 27 Aug 2011

Industry Research: Analysis on China Refined Petroleum Industry

Shandong province has most leading refined petroleum enterprises, and among all top 100 large refined petroleum enterprises across China, 20 are located in Shandong. According to China Refined Petroleum Industry Profile - the industry research report issued by Zeefer Consulting, Liaoning, Guangdong and Jiangsu are the major production bases for refined petroleum industry in China. Shandong, Shanghai, Zhejiang, Beijing, Tianjin, Fujian and Hubei are the secondary distribution areas for this industry.

In terms of market size, in 2009, refined petroleum enterprises above designated size achieved a sales revenue of more than USD 200 billion. The total number of enterprises above designated size in refined petroleum industry was more than 1,000, a rise of more than 10% on a year-on-year basis. On an annual average, total employees in refined petroleum industry exceeded 415,000, an increase of more than 1% on a year-on-year basis. The total export delivery value exceeded USD 4 billion, an increase of about 10% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in refined petroleum industry added up to more than USD 10 billion, a decline of more than 100% on a year-on-year basis. A total of more than 200 enterprises suffered a loss, the percentage of loss-incurring enterprises was higher than 10%. On average, the ratio of return on assets in refined petroleum industry was higher than 8%.

In terms of market position of foreign enterprises in China, in 2009, there were more than 150 foreign enterprises above designated size engaged in refined petroleum production in China, accounting for more than 10% of all refined petroleum enterprises across China. Foreign enterprises in China refined petroleum industry achieved a ratio of return on assets of more than 7%, almost same with the industry average.

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Full content of China Refined Petroleum Industry Analysis:

http://www.allchinareports.com/china-energy-industry/oil-gas-industry-analysis/industry-research-analysis-on-china-refined-petroleum-industry.html

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The analyses above are extracted from the industry report: China Refined Petroleum Industry Profile
 


Posted: 25 August 2011, last updated 27 August 2011