Shengli Oil & Gas Pipe Holdings Limited
Shengli Oil & Gas Pipe Holdings Limited, an investment holding company, engages in the design, process, manufacture, and sale of welded pipes for oil and gas pipeline in Mainland China. The company operates through two segments, Pipe Business and Trading Business. It produces submerged-arc helical welded pipes that are primarily used to transport crude oil, refined petroleum products, natural gas… Read more
Shengli Oil & Gas Pipe Holdings Limited (GSG) - Net Assets
Latest net assets as of June 2025: €387.69 Million EUR
Based on the latest financial reports, Shengli Oil & Gas Pipe Holdings Limited (GSG) has net assets worth €387.69 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.02 Billion) and total liabilities (€633.60 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €387.69 Million |
| % of Total Assets | 37.96% |
| Annual Growth Rate | -14.33% |
| 5-Year Change | -50.18% |
| 10-Year Change | -77.01% |
| Growth Volatility | 8.76 |
Shengli Oil & Gas Pipe Holdings Limited - Net Assets Trend (2013–2024)
This chart illustrates how Shengli Oil & Gas Pipe Holdings Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shengli Oil & Gas Pipe Holdings Limited (2013–2024)
The table below shows the annual net assets of Shengli Oil & Gas Pipe Holdings Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €427.33 Million | -15.12% |
| 2023-12-31 | €503.43 Million | -16.46% |
| 2022-12-31 | €602.59 Million | -3.96% |
| 2021-12-31 | €627.47 Million | -26.85% |
| 2020-12-31 | €857.76 Million | -31.01% |
| 2019-12-31 | €1.24 Billion | -12.51% |
| 2018-12-31 | €1.42 Billion | -2.81% |
| 2017-12-31 | €1.46 Billion | -17.37% |
| 2016-12-31 | €1.77 Billion | -4.82% |
| 2015-12-31 | €1.86 Billion | -15.18% |
| 2014-12-31 | €2.19 Billion | -6.42% |
| 2013-12-31 | €2.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shengli Oil & Gas Pipe Holdings 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 decreased by 256.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.59 Billion | 380.87% |
| Total Equity | €418.18 Million | 100.00% |
Shengli Oil & Gas Pipe Holdings Limited Competitors by Market Cap
The table below lists competitors of Shengli Oil & Gas Pipe Holdings Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mercor S.A.
WAR:MCR
|
$23.10 Million |
|
Vivid Seats Inc
NASDAQ:SEAT
|
$23.11 Million |
|
Cowealth Medical Holding Co Ltd
TWO:4745
|
$23.11 Million |
|
Provectus Biopharmaceuticals Inc
OTCQB:PVCT
|
$23.12 Million |
|
PEBBLE BEACH SYS. LS-025
F:VSF
|
$23.08 Million |
|
PBG S.A
SA:PTBL3
|
$23.07 Million |
|
Banco da Amazônia S.A
SA:BAZA3
|
$23.06 Million |
|
Lider Faktoring AS
IS:LIDFA
|
$23.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shengli Oil & Gas Pipe Holdings Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 495,199,000 to 418,182,000, a change of -77,017,000 (-15.6%).
- Net loss of 42,564,000 reduced equity.
- Other factors decreased equity by 34,453,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-42.56 Million | -10.18% |
| Other Changes | €-34.45 Million | -8.24% |
| Total Change | €- | -15.55% |
Book Value vs Market Value Analysis
This analysis compares Shengli Oil & Gas Pipe Holdings 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: 0.09x
- 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 | €0.42 | €0.01 | x |
| 2018-12-31 | €0.40 | €0.01 | x |
| 2019-12-31 | €0.36 | €0.01 | x |
| 2020-12-31 | €0.26 | €0.01 | x |
| 2021-12-31 | €0.16 | €0.01 | x |
| 2022-12-31 | €0.15 | €0.01 | x |
| 2023-12-31 | €0.13 | €0.01 | x |
| 2024-12-31 | €0.11 | €0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shengli Oil & Gas Pipe Holdings 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): -10.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.47%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 2.55x
- Recent ROE (-10.18%) is above the historical average (-15.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.86% | 0.70% | 0.58x | 2.11x | €-189.86 Million |
| 2014 | -11.26% | -10.91% | 0.52x | 1.97x | €-413.87 Million |
| 2015 | -18.13% | -15.46% | 0.57x | 2.07x | €-468.74 Million |
| 2016 | -12.99% | -6.74% | 0.95x | 2.03x | €-372.57 Million |
| 2017 | -18.42% | -11.64% | 0.79x | 2.00x | €-387.03 Million |
| 2018 | -4.09% | -5.93% | 0.34x | 2.00x | €-186.62 Million |
| 2019 | -11.74% | -16.06% | 0.36x | 2.04x | €-256.59 Million |
| 2020 | -38.66% | -37.99% | 0.38x | 2.66x | €-409.55 Million |
| 2021 | -41.62% | -17.08% | 0.80x | 3.06x | €-323.36 Million |
| 2022 | -5.56% | -3.15% | 0.91x | 1.95x | €-92.36 Million |
| 2023 | -19.87% | -16.63% | 0.55x | 2.19x | €-147.93 Million |
| 2024 | -10.18% | -7.47% | 0.54x | 2.55x | €-84.38 Million |
Industry Comparison
This section compares Shengli Oil & Gas Pipe Holdings 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: $6,626,285,101
- Average return on equity (ROE) among peers: -21.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shengli Oil & Gas Pipe Holdings Limited (GSG) | €387.69 Million | 0.86% | 1.63x | $23.09 Million |
| Aker Solutions OL (1AKA) | $7.91 Billion | -19.47% | 2.39x | $1.62 Billion |
| Honghua Group Limited (4HB) | $4.96 Billion | 10.84% | 1.87x | $71.31 Million |
| Solaris Oilfield Infrastructure Inc (68S) | $409.66 Million | 12.70% | 0.23x | $2.44 Billion |
| Moreld ASA (C28) | $697.93 Million | -101.91% | 9.30x | $44.87 Million |
| China Oilfield Services Limited (CO9) | $42.26 Billion | 7.13% | 0.97x | $2.32 Billion |
| Dril-Quip Inc (DQU) | $1.25 Billion | 16.76% | 0.16x | $490.49 Million |
| FRANKS INTL N.V. EO -01 (FK2) | $1.03 Billion | -8.77% | 0.15x | $1.46 Billion |
| Viridien Société anonyme (GDG) | $1.12 Billion | 4.44% | 1.53x | $786.17 Million |
| Dolfines SA (JPZ) | $3.46 Million | -117.87% | 1.65x | $10.52K |