RM178.7 B

Petronas Revenue FY, 2020
Petronas Revenue growth (FY, 2019 - FY, 2020), %(26%)
Petronas Gross profit (FY, 2020)43.8 B
Petronas Gross profit margin (FY, 2020), %24.5%
Petronas Net income (FY, 2020)-21 B
Petronas EBIT (FY, 2020)-8.5 B
Petronas Cash, 31-Dec-2020130.5 B

Petronas Revenue

Petronas revenue was RM178.74 b in FY, 2020 which is a 25.6% year over year decrease from the previous period.

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Petronas Funding

Summary Metrics

Founding Date

1974

Petronas Revenue Breakdown

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Petronas revenue breakdown by business segment: 16.1% from Upstream, 30.6% from Gas and New Energy, 47.1% from Downstream and 6.3% from Corporate and Others

Petronas Income Statement

Annual

MYRFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

223.6b251.0b240.3b178.7b

Revenue growth, %

12%(4%)(26%)

Cost of goods sold

140.2b158.1b155.9b135.0b

Gross profit

83.4b92.9b84.3b43.8b

Gross profit Margin, %

37%37%35%24%

Sales and marketing expense

6.3b7.0b7.5b8.2b

General and administrative expense

10.8b12.1b12.9b9.7b

Operating expense total

22.5b21.7b29.8b56.4b

EBIT

68.2b80.8b59.7b(8.5b)

EBIT margin, %

31%32%25%(5%)

Interest expense

3.2b

Pre tax profit

64.7b76.7b57.0b(12.3b)

Income tax expense

19.1b21.4b16.5b8.7b

Net Income

45.5b55.3b40.5b(21.0b)

Petronas Balance Sheet

Annual

MYRFY, 2017FY, 2018FY, 2019FY, 2020

Cash

128.2b173.6b141.6b130.5b

Accounts Receivable

25.5b27.0b26.1b

Inventories

15.4b14.5b14.4b12.5b

Current Assets

198.5b241.4b206.5b193.4b

PP&E

327.5b310.4b319.2b291.7b

Goodwill

5.1b5.1b6.3b

Total Assets

599.9b636.3b622.4b574.1b

Accounts Payable

14.5b14.6b16.9b

Dividends Payable

30.0b

Short-term debt

10.4b23.6b15.3b11.4b

Current Liabilities

67.7b111.9b73.0b56.7b

Long-term debt

53.8b45.0b53.4b76.8b

Non-Current Liabilities

99.3b99.1b110.5b136.3b

Total Debt

64.1b68.6b68.7b88.2b

Total Liabilities

167.0b211.1b183.5b193.0b

Common Stock

100.0m100.0m100.0m100.0m

Retained Earnings

330.7b323.0b332.6b273.6b

Total Equity

432.8b425.3b438.9b381.0b

Debt to Equity Ratio

0.1 x0.2 x0.2 x0.2 x

Debt to Assets Ratio

0.1 x0.1 x0.1 x0.2 x

Financial Leverage

1.4 x1.5 x1.4 x1.5 x

Petronas Cash Flow

Annual

MYRFY, 2017FY, 2018FY, 2019FY, 2020

Depreciation and Amortization

30.5b34.3b38.7b36.0b

Accounts Receivable

107.0m(4.3b)9.2b

Inventories

(1.5b)456.0m57.0m

Accounts Payable

(1.3b)(3.3b)(902.0m)

Cash From Operating Activities

75.7b86.3b90.8b40.7b

Purchases of PP&E

(44.5b)(46.8b)(45.2b)(33.1b)

Cash From Investing Activities

(42.6b)(41.1b)52.2b(32.9b)

Long-term Borrowings

(5.0b)(7.6b)(26.6b)(24.9b)

Dividends Paid

(22.8b)(32.0b)(59.6b)(38.7b)

Cash From Financing Activities

(19.2b)(2.2b)(69.9b)(17.5b)

Net Change in Cash

13.9b43.0b(31.3b)(9.6b)

Interest Paid

2.9b3.0b3.0b2.7b

Income Taxes Paid

16.9b23.3b20.0b14.7b

Petronas Ratios

MYRFY, 2017

Revenue/Employee

10.5m

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.4 x

Petronas Operating Metrics

Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020FY, 2020

Average Sales Gas Volume (Gas and New Energy, Malaysia), mmscfd

2.81 k2.77 k2.73 k2.81 k2.78 k2.96 k2.9 k2.79 k2.91 k2.89 k2.57 k2.28 k2.61 k2.62 k2.52 k

Crude Oil Sales Volume (Downstream), million barrels

33.333.135.939.714231.235.924.642.6133.731.53436.335.6137.4

Crude Oil and Condensates Entitlement (Upstream), mboe/d

614603534625594562584539774615611571579562585

Crude Oil and Condensates Production (Upstream), mboe/d

9959828939339509309398321.12 k961962783815829847

Entitlement (Upstream), mboe/d

1.73 k1.63 k1.51 k1.87 k1.69 k1.82 k1.69 k1.5 k1.99 k1.75 k1.84 k1.44 k1.57 k1.63 k1.62 k

Gross LNG Sales Volume (Gas and New Energy, Malaysia), million tonnes

7.926.566.318.1528.948.456.786.78.7130.649.996.717.588.8433.12

Natural Gas Entitlement (Upstream), mboe/d

1.11 k1.03 k9801.24 k1.09 k1.26 k1.11 k9631.21 k1.14 k1.23 k8659881.07 k1.04 k

Natural Gas Production (Upstream), mboe/d

1.47 k1.32 k1.28 k1.57 k1.41 k1.5 k1.46 k1.31 k1.52 k1.45 k1.5 k1.26 k1.25 k1.44 k1.36 k

Petroleum Products Sales Volume (Downstream), million barrels

58.361.965.265.1252.764.363.264.666.7258.873.257.962.967.8261.8

Petroleum Products Sales Volume (Downstream), million metric tonnes

2.22.21.92.18.41.92.322.28.422.122.18.2

Production (Upstream), mboe/d

2.46 k2.31 k2.18 k2.5 k2.36 k2.43 k2.4 k2.14 k2.64 k2.41 k2.46 k2.05 k2.06 k2.27 k2.21 k

Petronas Human Capital

H1, 2020FY, 2019FY, 2018FY, 2017
Female (Tech), percent14%14%13%14%
Male (Tech), percent86%86%87%86%
H1, 2020FY, 2019FY, 2018FY, 2017
Male, percent73%73%73%72%
Female, percent27%27%27%28%

Petronas Employee Rating

3.8537 votes
Culture & Values
3.6
Work/Life Balance
3.6
Senior Management
3.2
Salary & Benefits
3.6
Career Opportunities
3.6
Source