China Petroleum & Chemical Corporation Capital Expenditures: 0.00
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SNP Capital Expenditures Rankings
| Overall | 99th percentile | 1 of 4439 |
| Sector | 99th percentile | 1 of 514 in Basic Materials |
| Industry | 98th percentile | 1 of 93 in Independent Oil & Gas |
SNP Capital Expenditures Range, Past 5 Years
| Minimum | 0.00 | Mar 2002 |
| Maximum | 8.86B | Dec 2004 |
| Average |
About Capex
Capital expenditures are a line item from a company's statement of cash flows (click "Learn More" below for details).
Capex (short for capital expenditures) are incurred when a business spends money to purchase fixed assets or to add value to an existing fixed asset. In accounting, a capital expenditures are added to an asset account, thus increasing the value of the asset.
Examples of capital expenditures include the purchase of a new manufacturing plant, investment in server farms for tech companies, or other purchases of assets expected to help the company earn profits in the future.
Unlike other investments like research and development and marketing spending, capital expenditures are not immediately expensed. Rather, property, plant and equipment acquired using capital expenditures are usually expensed over time through the use of depreciation.
Learn More
You may also be interested in these SNP related companies
SNP News
Smart move by $SNP to up its interest in that Australian LNG JV. Now how to get all the LNG to China? I can think of a co who can help $GLNG
about 21 days ago by bradloncar
about 21 days ago by bradloncar
strobng today RT @timseymour Add Chinese oil to emerging markets portfolios in 2012. $CEO $SNP http://stks.co/1kjn via@emergingmoney
about 40 days ago by howardlindzon
about 40 days ago by howardlindzon
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