China Oilfield Services Limited (CO9) - Net Assets
Based on the latest financial reports, China Oilfield Services Limited (CO9) has net assets worth €47.15 Billion EUR (≈ $55.12 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€84.46 Billion ≈ $98.75 Billion USD) and total liabilities (€37.31 Billion ≈ $43.62 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of China Oilfield Services Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €47.15 Billion |
| % of Total Assets | 55.82% |
| Annual Growth Rate | 1.98% |
| 5-Year Change | 23.38% |
| 10-Year Change | 33.59% |
| Growth Volatility | 10.97 |
China Oilfield Services Limited - Net Assets Trend (2013–2025)
This chart illustrates how China Oilfield Services Limited's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of China Oilfield Services Limited for the complete picture of this company's asset base.
Annual Net Assets for China Oilfield Services Limited (2013–2025)
The table below shows the annual net assets of China Oilfield Services Limited from 2013 to 2025. For live valuation and market cap data, see CO9 market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €47.15 Billion ≈ $55.12 Billion |
+6.14% |
| 2024-12-31 | €44.42 Billion ≈ $51.94 Billion |
+5.13% |
| 2023-12-31 | €42.26 Billion ≈ $49.40 Billion |
+5.91% |
| 2022-12-31 | €39.90 Billion ≈ $46.65 Billion |
+4.40% |
| 2021-12-31 | €38.22 Billion ≈ $44.68 Billion |
-1.22% |
| 2020-12-31 | €38.69 Billion ≈ $45.23 Billion |
+4.82% |
| 2019-12-31 | €36.91 Billion ≈ $43.15 Billion |
+6.44% |
| 2018-12-31 | €34.68 Billion ≈ $40.54 Billion |
0.00% |
| 2017-12-31 | €34.68 Billion ≈ $40.54 Billion |
-1.75% |
| 2016-12-31 | €35.30 Billion ≈ $41.27 Billion |
-24.63% |
| 2015-12-31 | €46.83 Billion ≈ $54.75 Billion |
-1.04% |
| 2014-12-31 | €47.32 Billion ≈ $55.32 Billion |
+27.01% |
| 2013-12-31 | €37.26 Billion ≈ $43.56 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to China Oilfield Services Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €27.46 Billion | 58.97% |
| Other Components | €19.11 Billion | 41.03% |
| Total Equity | €46.57 Billion | 100.00% |
China Oilfield Services Limited Competitors by Market Cap
The table below lists competitors of China Oilfield Services Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Airport Co Ltd
SHE:000089
|
$2.14 Billion |
|
Tenable Holdings Inc
NASDAQ:TENB
|
$2.14 Billion |
|
Lizhong Sitong Light Alloys Group Co Ltd
SHE:300428
|
$2.14 Billion |
|
Northwest Natural Gas Co
NYSE:NWN
|
$2.14 Billion |
|
KWS SAAT SE & Co. KGaA
F:KWS
|
$2.14 Billion |
|
NagaCorp Ltd
F:N9J
|
$2.14 Billion |
|
Shenyang Jinshan Energy Co Ltd
SHG:600396
|
$2.14 Billion |
|
Suzhou Veichi Electric Co. Ltd. A
SHG:688698
|
$2.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Oilfield Services Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 43,797,161,954 to 46,573,087,768, a change of 2,775,925,814 (6.3%).
- Net income of 3,841,740,965 contributed positively to equity growth.
- Dividend payments of 1,733,399,242 reduced retained earnings.
- Other factors increased equity by 667,584,091.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.84 Billion | +8.25% |
| Dividends Paid | €1.73 Billion | -3.72% |
| Other Changes | €667.58 Million | +1.43% |
| Total Change | €- | 6.34% |
Book Value vs Market Value Analysis
This analysis compares China Oilfield Services Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.10x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €7.24 | €1.01 | x |
| 2018-12-31 | €7.24 | €1.01 | x |
| 2019-12-31 | €7.70 | €1.01 | x |
| 2020-12-31 | €8.07 | €1.01 | x |
| 2021-12-31 | €7.97 | €1.01 | x |
| 2022-12-31 | €8.24 | €1.01 | x |
| 2023-12-31 | €8.73 | €1.01 | x |
| 2024-12-31 | €9.18 | €1.01 | x |
| 2025-12-31 | €9.76 | €1.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Oilfield Services Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.64%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.81x
- Recent ROE (8.25%) is above the historical average (3.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 18.03% | 24.02% | 0.35x | 2.13x | €2.99 Billion |
| 2014 | 15.85% | 22.22% | 0.39x | 1.84x | €2.76 Billion |
| 2015 | 2.30% | 4.54% | 0.25x | 2.00x | €-3.60 Billion |
| 2016 | -32.54% | -75.61% | 0.19x | 2.29x | €-14.98 Billion |
| 2017 | 0.10% | 0.19% | 0.24x | 2.14x | €-3.42 Billion |
| 2018 | 0.21% | 0.32% | 0.29x | 2.16x | €-3.38 Billion |
| 2019 | 6.81% | 8.04% | 0.41x | 2.07x | €-1.17 Billion |
| 2020 | 7.02% | 9.33% | 0.38x | 1.97x | €-1.15 Billion |
| 2021 | 0.82% | 1.07% | 0.40x | 1.93x | €-3.49 Billion |
| 2022 | 5.98% | 6.60% | 0.46x | 1.96x | €-1.58 Billion |
| 2023 | 7.24% | 6.83% | 0.53x | 2.00x | €-1.15 Billion |
| 2024 | 7.16% | 6.49% | 0.58x | 1.89x | €-1.24 Billion |
| 2025 | 8.25% | 7.64% | 0.60x | 1.81x | €-815.57 Million |
Industry Comparison
This section compares China Oilfield Services Limited's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $2,724,462,942
- Average return on equity (ROE) among peers: 8.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Oilfield Services Limited (CO9) | €47.15 Billion | 18.03% | 0.79x | $2.14 Billion |
| Petrolia SE (0PE) | $39.29 Million | -3.04% | 0.76x | $23.14 Million |
| TechnipFMC PLC (1T1) | $3.14 Billion | 26.86% | 2.14x | $24.89 Billion |
| Honghua Group Limited (4HB) | $4.08 Billion | -14.93% | 1.76x | $209.96 Million |
| Anton Oilfield Services Group (5AO) | $3.42 Billion | 5.74% | 1.87x | $306.54 Million |
| HILONG HOLDING LTD HD-10 (8HL) | $3.04 Billion | 1.45% | 1.32x | $43.26 Million |
| GAZTR.TECHNI.U.ADR1/5EO01 (9TG0) | $336.34 Million | 59.87% | 0.83x | $7.76 Billion |
| CIMC Enric Holdings Limited (E8F) | $6.47 Billion | 8.03% | 0.90x | $2.49 Billion |
| Shengli Oil & Gas Pipe Holdings Limited (GSG) | $1.24 Billion | -11.15% | 0.94x | $29.44 Million |
| Shandong Molong Petroleum Machinery Company Limited (PXI) | $2.75 Billion | 0.74% | 1.20x | $279.98 Million |
About China Oilfield Services Limited
China Oilfield Services Limited, together with its subsidiaries, provides integrated oilfield services in China, Indonesia, Mexico, Norway, the Middle East, and internationally. The company operates through four divisions: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. It offers drilling services, including drilling lift boats and accommodation and… Read more