Sinopec Shandong Taishan Petroleum Co Ltd (000554) - Net Assets
Based on the latest financial reports, Sinopec Shandong Taishan Petroleum Co Ltd (000554) has net assets worth CN¥1.10 Billion CNY (≈ $160.43 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥1.77 Billion ≈ $258.95 Million USD) and total liabilities (CN¥673.27 Million ≈ $98.52 Million 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. Read Sinopec Shandong Taishan Petroleum Co Lt total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.10 Billion |
| % of Total Assets | 61.95% |
| Annual Growth Rate | 1.08% |
| 5-Year Change | 13.22% |
| 10-Year Change | 13.6% |
| Growth Volatility | 3.29 |
Sinopec Shandong Taishan Petroleum Co Ltd - Net Assets Trend (2000–2024)
This chart illustrates how Sinopec Shandong Taishan Petroleum Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 000554 total assets for the complete picture of this company's asset base.
Annual Net Assets for Sinopec Shandong Taishan Petroleum Co Ltd (2000–2024)
The table below shows the annual net assets of Sinopec Shandong Taishan Petroleum Co Ltd from 2000 to 2024. For live valuation and market cap data, see Sinopec Shandong Taishan Petroleum Co Lt market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.04 Billion ≈ $151.93 Million |
+8.29% |
| 2023-12-31 | CN¥958.79 Million ≈ $140.30 Million |
+2.27% |
| 2022-12-31 | CN¥937.56 Million ≈ $137.19 Million |
+1.41% |
| 2021-12-31 | CN¥924.55 Million ≈ $135.29 Million |
+0.82% |
| 2020-12-31 | CN¥917.03 Million ≈ $134.19 Million |
+0.81% |
| 2019-12-31 | CN¥909.62 Million ≈ $133.11 Million |
+0.67% |
| 2018-12-31 | CN¥903.56 Million ≈ $132.22 Million |
-1.95% |
| 2017-12-31 | CN¥921.50 Million ≈ $134.84 Million |
+0.31% |
| 2016-12-31 | CN¥918.65 Million ≈ $134.43 Million |
+0.51% |
| 2015-12-31 | CN¥913.99 Million ≈ $133.75 Million |
-0.49% |
| 2014-12-31 | CN¥918.45 Million ≈ $134.40 Million |
+0.62% |
| 2013-12-31 | CN¥912.76 Million ≈ $133.57 Million |
+1.63% |
| 2012-12-31 | CN¥898.16 Million ≈ $131.43 Million |
+1.92% |
| 2011-12-31 | CN¥881.27 Million ≈ $128.96 Million |
+1.06% |
| 2010-12-31 | CN¥872.07 Million ≈ $127.61 Million |
-0.50% |
| 2009-12-31 | CN¥876.45 Million ≈ $128.25 Million |
-2.87% |
| 2008-12-31 | CN¥902.38 Million ≈ $132.05 Million |
-5.03% |
| 2007-12-31 | CN¥950.15 Million ≈ $139.04 Million |
+10.31% |
| 2006-12-31 | CN¥861.32 Million ≈ $126.04 Million |
+3.59% |
| 2005-12-31 | CN¥831.49 Million ≈ $121.67 Million |
-2.90% |
| 2004-12-31 | CN¥856.30 Million ≈ $125.30 Million |
+3.55% |
| 2003-12-31 | CN¥826.91 Million ≈ $121.00 Million |
+1.17% |
| 2002-12-31 | CN¥817.32 Million ≈ $119.60 Million |
+4.42% |
| 2001-12-31 | CN¥782.70 Million ≈ $114.53 Million |
-2.52% |
| 2000-12-31 | CN¥802.91 Million ≈ $117.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sinopec Shandong Taishan Petroleum Co Ltd'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 151.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥233.59 Million | 22.60% |
| Other Components | CN¥799.99 Million | 77.40% |
| Total Equity | CN¥1.03 Billion | 100.00% |
Sinopec Shandong Taishan Petroleum Co Ltd Competitors by Market Cap
The table below lists competitors of Sinopec Shandong Taishan Petroleum Co Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peet Ltd
AU:PPC
|
$576.38 Million |
|
Sanlux Co Ltd
SHE:002224
|
$576.87 Million |
|
Taiwan Sakura Corp
TW:9911
|
$576.88 Million |
|
Zhejiang Jiaxin Silk Corp Ltd
SHE:002404
|
$576.95 Million |
|
Beijing Beetech Inc
SHE:300667
|
$576.14 Million |
|
United Faith Auto-Engineering Co. Ltd.
SHE:301112
|
$576.04 Million |
|
Bioventus Inc
NASDAQ:BVS
|
$576.00 Million |
|
MNTN, Inc.
NYSE:MNTN
|
$575.92 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinopec Shandong Taishan Petroleum Co Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 955,114,353 to 1,033,577,280, a change of 78,462,927 (8.2%).
- Net income of 99,329,469 contributed positively to equity growth.
- Dividend payments of 25,941,493 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥99.33 Million | +9.61% |
| Dividends Paid | CN¥25.94 Million | -2.51% |
| Other Changes | CN¥5.07 Million | +0.49% |
| Total Change | CN¥- | 8.22% |
Book Value vs Market Value Analysis
This analysis compares Sinopec Shandong Taishan Petroleum Co Ltd'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: 3.81x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.29x to 3.81x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | CN¥1.91 | CN¥8.19 | x |
| 2018-12-31 | CN¥1.87 | CN¥8.19 | x |
| 2019-12-31 | CN¥1.89 | CN¥8.19 | x |
| 2020-12-31 | CN¥1.90 | CN¥8.19 | x |
| 2021-12-31 | CN¥1.92 | CN¥8.19 | x |
| 2022-12-31 | CN¥1.94 | CN¥8.19 | x |
| 2023-12-31 | CN¥1.99 | CN¥8.19 | x |
| 2024-12-31 | CN¥2.15 | CN¥8.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinopec Shandong Taishan Petroleum Co Ltd 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): 9.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.00%
- • Asset Turnover: 1.75x
- • Equity Multiplier: 1.82x
- Recent ROE (9.61%) is above the historical average (3.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 16.40% | 12.10% | 0.89x | 1.52x | CN¥50.30 Million |
| 2001 | 6.03% | 4.05% | 1.07x | 1.40x | CN¥-30.37 Million |
| 2002 | 4.37% | 3.20% | 1.02x | 1.34x | CN¥-45.13 Million |
| 2003 | 0.98% | 0.81% | 0.97x | 1.26x | CN¥-72.94 Million |
| 2004 | 5.28% | 3.40% | 1.48x | 1.05x | CN¥-40.31 Million |
| 2005 | 3.03% | 1.33% | 2.06x | 1.10x | CN¥-57.96 Million |
| 2006 | 8.82% | 2.95% | 2.80x | 1.06x | CN¥-10.21 Million |
| 2007 | 7.52% | 2.59% | 2.62x | 1.11x | CN¥-23.53 Million |
| 2008 | 15.93% | 4.95% | 3.01x | 1.07x | CN¥53.54 Million |
| 2009 | 0.95% | 0.29% | 3.17x | 1.04x | CN¥-79.33 Million |
| 2010 | 0.83% | 0.23% | 3.29x | 1.09x | CN¥-80.00 Million |
| 2011 | 1.04% | 0.24% | 4.15x | 1.06x | CN¥-78.92 Million |
| 2012 | 2.64% | 0.62% | 3.85x | 1.11x | CN¥-65.86 Million |
| 2013 | 1.34% | 0.32% | 3.39x | 1.24x | CN¥-78.57 Million |
| 2014 | 0.74% | 0.18% | 3.52x | 1.20x | CN¥-84.65 Million |
| 2015 | 0.41% | 0.13% | 2.77x | 1.17x | CN¥-87.33 Million |
| 2016 | 0.47% | 0.16% | 2.55x | 1.19x | CN¥-87.18 Million |
| 2017 | 0.29% | 0.10% | 2.33x | 1.27x | CN¥-89.10 Million |
| 2018 | 0.21% | 0.06% | 2.43x | 1.41x | CN¥-88.17 Million |
| 2019 | 0.65% | 0.20% | 2.22x | 1.45x | CN¥-84.71 Million |
| 2020 | 0.80% | 0.30% | 1.63x | 1.63x | CN¥-84.08 Million |
| 2021 | 0.89% | 0.29% | 1.86x | 1.64x | CN¥-83.88 Million |
| 2022 | 1.00% | 0.31% | 1.57x | 2.10x | CN¥-84.05 Million |
| 2023 | 3.65% | 0.96% | 2.03x | 1.88x | CN¥-60.62 Million |
| 2024 | 9.61% | 3.00% | 1.75x | 1.82x | CN¥-4.03 Million |
Industry Comparison
This section compares Sinopec Shandong Taishan Petroleum Co Ltd's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $4,373,125,501
- Average return on equity (ROE) among peers: 7.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinopec Shandong Taishan Petroleum Co Ltd (000554) | CN¥1.10 Billion | 16.40% | 0.61x | $576.21 Million |
| Shenzhen Guangju Energy Co Ltd (000096) | $1.80 Billion | 1.12% | 0.10x | $751.77 Million |
| Xinjiang International Industry Co Ltd (000159) | $630.92 Million | 0.81% | 1.22x | $457.21 Million |
| Shandong Shengli Co Ltd (000407) | $1.34 Billion | 1.53% | 1.60x | $623.31 Million |
| Jiangsu Gaoke Petrochemical Co (002778) | $71.04 Million | 21.57% | 1.73x | $369.67 Million |
| Ningbo Bohui Chemical Technology (300839) | $425.86 Million | 17.78% | 1.60x | $632.76 Million |
| HY Energy Group Co Ltd (600387) | $1.73 Billion | 3.65% | 2.96x | $64.39 Million |
| Sinopec Shanghai Petrochemical Co Ltd Class A (600688) | $28.52 Billion | 21.54% | 0.38x | $3.34 Billion |
| Lonyer Fuels (603003) | $3.32 Billion | -9.98% | 0.19x | $134.35 Million |
| Jiangsu Lopal Tech Co Ltd (603906) | $1.52 Billion | 8.38% | 0.43x | $2.74 Billion |
About Sinopec Shandong Taishan Petroleum Co Ltd
SINOPEC Shandong Taishan Pectroleum Co., Ltd. engages in the wholesale and retail business of refined oil products in China. The company's products include gasoline, diesel oil, natural gas, and other products. It engages in the natural gas filling business for vehicles; provision of convenience store car wash services, property management, housing and land use right leasing, advertising release … Read more