PetroChina Company Limited
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through the Oil and Gas and New Energy, Refining Chemicals and New Materials, Sales, and Natural Gas Sales Segments. The Oil, Gas and New Energy Resource segment engages in the exploration, development, transporta… Read more
PetroChina Company Limited (PC6) - Net Assets
Latest net assets as of June 2025: €1.75 Trillion EUR
Based on the latest financial reports, PetroChina Company Limited (PC6) has net assets worth €1.75 Trillion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.85 Trillion) and total liabilities (€1.10 Trillion). 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 | €1.75 Trillion |
| % of Total Assets | 61.52% |
| Annual Growth Rate | 2.74% |
| 5-Year Change | 25.12% |
| 10-Year Change | 27.22% |
| Growth Volatility | 3.43 |
PetroChina Company Limited - Net Assets Trend (2013–2024)
This chart illustrates how PetroChina Company 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 PetroChina Company Limited (2013–2024)
The table below shows the annual net assets of PetroChina Company Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.71 Trillion | +4.86% |
| 2023-12-31 | €1.63 Trillion | +6.03% |
| 2022-12-31 | €1.54 Trillion | +9.16% |
| 2021-12-31 | €1.41 Trillion | +3.09% |
| 2020-12-31 | €1.37 Trillion | -5.38% |
| 2019-12-31 | €1.44 Trillion | +2.39% |
| 2018-12-31 | €1.41 Trillion | +2.12% |
| 2017-12-31 | €1.38 Trillion | +0.63% |
| 2016-12-31 | €1.37 Trillion | +2.14% |
| 2015-12-31 | €1.34 Trillion | +1.99% |
| 2014-12-31 | €1.32 Trillion | +3.77% |
| 2013-12-31 | €1.27 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PetroChina Company 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 16.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €982.23 Billion | 64.82% |
| Other Components | €533.14 Billion | 35.18% |
| Total Equity | €1.52 Trillion | 100.00% |
PetroChina Company Limited Competitors by Market Cap
The table below lists competitors of PetroChina Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rocket Lab USA Inc.
NASDAQ:RKLB
|
$36.41 Billion |
|
Roblox Corp
NYSE:RBLX
|
$36.48 Billion |
|
Woodside Energy Group Ltd
NYSE:WDS
|
$36.54 Billion |
|
Hartford Financial Services Group
NYSE:HIG
|
$36.57 Billion |
|
Crown Castle
NYSE:CCI
|
$36.18 Billion |
|
Keysight Technologies Inc
NYSE:KEYS
|
$35.96 Billion |
|
CSL Ltd
PINK:CSLLY
|
$35.87 Billion |
|
Nucor Corp
NYSE:NUE
|
$35.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PetroChina Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,446,410,000,000 to 1,515,371,000,000, a change of 68,961,000,000 (4.8%).
- Net income of 164,676,000,000 contributed positively to equity growth.
- Dividend payments of 95,120,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €164.68 Billion | +10.87% |
| Dividends Paid | €95.12 Billion | -6.28% |
| Other Changes | €-595.00 Million | -0.04% |
| Total Change | €- | 4.77% |
Book Value vs Market Value Analysis
This analysis compares PetroChina Company 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: 0.14x
- 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 | €6.52 | €1.17 | x |
| 2018-12-31 | €6.63 | €1.17 | x |
| 2019-12-31 | €6.72 | €1.17 | x |
| 2020-12-31 | €6.64 | €1.17 | x |
| 2021-12-31 | €6.90 | €1.17 | x |
| 2022-12-31 | €7.48 | €1.17 | x |
| 2023-12-31 | €7.90 | €1.17 | x |
| 2024-12-31 | €8.28 | €1.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PetroChina Company 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): 10.87%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.61%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.82x
- Recent ROE (10.87%) is above the historical average (6.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.44% | 5.74% | 0.96x | 2.07x | €16.33 Billion |
| 2014 | 9.11% | 4.69% | 0.95x | 2.05x | €-10.42 Billion |
| 2015 | 3.01% | 2.06% | 0.72x | 2.03x | €-82.45 Billion |
| 2016 | 0.66% | 0.49% | 0.67x | 2.02x | €-111.05 Billion |
| 2017 | 1.91% | 1.13% | 0.84x | 2.01x | €-96.55 Billion |
| 2018 | 4.33% | 2.23% | 0.97x | 2.00x | €-68.84 Billion |
| 2019 | 3.71% | 1.82% | 0.92x | 2.22x | €-77.33 Billion |
| 2020 | 1.56% | 0.98% | 0.78x | 2.05x | €-102.51 Billion |
| 2021 | 7.29% | 3.53% | 1.04x | 1.98x | €-34.19 Billion |
| 2022 | 10.91% | 4.61% | 1.21x | 1.95x | €12.45 Billion |
| 2023 | 11.16% | 5.36% | 1.09x | 1.90x | €16.77 Billion |
| 2024 | 10.87% | 5.61% | 1.07x | 1.82x | €13.14 Billion |
Industry Comparison
This section compares PetroChina Company Limited's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $7,414,646,889,500
- Average return on equity (ROE) among peers: -10.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PetroChina Company Limited (PC6) | €1.75 Trillion | 11.44% | 0.63x | $36.28 Billion |
| Quadrise Fuels International plc (8QF) | $10.39 Million | -41.01% | 0.03x | $30.14 Million |
| China Petroleum & Chemical Corporation (CHU) | $875.84 Billion | 6.56% | 1.00x | $18.73 Billion |
| Ecopetrol S.A (ECHA) | $43.56 Trillion | 5.62% | 1.76x | $22.62 Billion |
| Edison S.p.A. (EDXR) | $6.05 Billion | 2.50% | 1.87x | $21.32K |
| Eni S.p.A (ENI1) | $44.82 Billion | 13.67% | 2.08x | $56.76 Billion |
| QI7 (QI7) | $663.95 Million | -49.03% | 4.26x | $723.71 Million |