Sinopec Oilfield Equipment Corp (000852) - Net Assets
Based on the latest financial reports, Sinopec Oilfield Equipment Corp (000852) has net assets worth CN¥3.31 Billion CNY (≈ $484.52 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥11.21 Billion ≈ $1.64 Billion USD) and total liabilities (CN¥7.90 Billion ≈ $1.16 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. Also explore Sinopec Oilfield Equipment Corp assets under control for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥3.31 Billion |
| % of Total Assets | 29.54% |
| Annual Growth Rate | 9.98% |
| 5-Year Change | 66.67% |
| 10-Year Change | 22.26% |
| Growth Volatility | 30.31 |
Sinopec Oilfield Equipment Corp - Net Assets Trend (1995–2024)
This chart illustrates how Sinopec Oilfield Equipment Corp's net assets have evolved over time, based on quarterly financial data. Check 000852 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Sinopec Oilfield Equipment Corp (1995–2024)
The table below shows the annual net assets of Sinopec Oilfield Equipment Corp from 1995 to 2024. For live valuation and market cap data, see 000852 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥3.27 Billion ≈ $478.86 Million |
+3.96% |
| 2023-12-31 | CN¥3.15 Billion ≈ $460.60 Million |
+3.07% |
| 2022-12-31 | CN¥3.05 Billion ≈ $446.87 Million |
+52.12% |
| 2021-12-31 | CN¥2.01 Billion ≈ $293.76 Million |
+2.25% |
| 2020-12-31 | CN¥1.96 Billion ≈ $287.30 Million |
+0.70% |
| 2019-12-31 | CN¥1.95 Billion ≈ $285.32 Million |
+1.59% |
| 2018-12-31 | CN¥1.92 Billion ≈ $280.86 Million |
+1.09% |
| 2017-12-31 | CN¥1.90 Billion ≈ $277.83 Million |
+3.40% |
| 2016-12-31 | CN¥1.84 Billion ≈ $268.69 Million |
-31.40% |
| 2015-12-31 | CN¥2.68 Billion ≈ $391.68 Million |
+118.09% |
| 2014-12-31 | CN¥1.23 Billion ≈ $179.60 Million |
+0.14% |
| 2013-12-31 | CN¥1.23 Billion ≈ $179.34 Million |
+1.51% |
| 2012-12-31 | CN¥1.21 Billion ≈ $176.67 Million |
+3.97% |
| 2011-12-31 | CN¥1.16 Billion ≈ $169.91 Million |
+3.76% |
| 2010-12-31 | CN¥1.12 Billion ≈ $163.76 Million |
+11.14% |
| 2009-12-31 | CN¥1.01 Billion ≈ $147.35 Million |
+8.82% |
| 2008-12-31 | CN¥925.33 Million ≈ $135.40 Million |
-1.97% |
| 2007-12-31 | CN¥943.91 Million ≈ $138.12 Million |
-4.89% |
| 2006-12-31 | CN¥992.49 Million ≈ $145.23 Million |
+20.02% |
| 2005-12-31 | CN¥826.91 Million ≈ $121.00 Million |
+6.11% |
| 2004-12-31 | CN¥779.30 Million ≈ $114.04 Million |
+6.99% |
| 2003-12-31 | CN¥728.38 Million ≈ $106.58 Million |
+9.19% |
| 2002-12-31 | CN¥667.06 Million ≈ $97.61 Million |
+6.68% |
| 2001-12-31 | CN¥625.32 Million ≈ $91.50 Million |
+4.90% |
| 2000-12-31 | CN¥596.09 Million ≈ $87.23 Million |
+14.03% |
| 1999-12-31 | CN¥522.77 Million ≈ $76.50 Million |
+4.61% |
| 1998-12-31 | CN¥499.73 Million ≈ $73.13 Million |
+112.19% |
| 1997-12-31 | CN¥235.50 Million ≈ $34.46 Million |
+4.37% |
| 1996-12-31 | CN¥225.64 Million ≈ $33.02 Million |
+8.91% |
| 1995-12-31 | CN¥207.18 Million ≈ $30.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Sinopec Oilfield Equipment Corp'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 29240003000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥292.40 Million | 9.44% |
| Common Stock | CN¥956.14 Million | 30.87% |
| Other Components | CN¥1.85 Billion | 59.69% |
| Total Equity | CN¥3.10 Billion | 100.00% |
Sinopec Oilfield Equipment Corp Competitors by Market Cap
The table below lists competitors of Sinopec Oilfield Equipment Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bergman & Beving AB (publ)
ST:BERG-B
|
$759.63 Million |
|
Kingfa Science & Technology (India) Limited
NSE:KINGFA
|
$759.95 Million |
|
Acrel Co LTD
SHE:300286
|
$760.01 Million |
|
Anhui Golden Seed Winery Co Ltd
SHG:600199
|
$760.43 Million |
|
Delta Israel Brands Ltd
TA:DLTI
|
$759.55 Million |
|
KBC Corporation Ltd
SHG:688598
|
$759.36 Million |
|
Chongqing Gangjiu Co Ltd
SHG:600279
|
$758.96 Million |
|
Doosan Skoda Power as
PR:DSPW
|
$758.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinopec Oilfield Equipment Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,987,110,631 to 3,097,311,512, a change of 110,200,881 (3.7%).
- Net income of 96,875,788 contributed positively to equity growth.
- Dividend payments of 72,463,077 reduced retained earnings.
- Other factors increased equity by 85,788,170.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥96.88 Million | +3.13% |
| Dividends Paid | CN¥72.46 Million | -2.34% |
| Other Changes | CN¥85.79 Million | +2.77% |
| Total Change | CN¥- | 3.69% |
Book Value vs Market Value Analysis
This analysis compares Sinopec Oilfield Equipment Corp'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: 1.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 17.63x to 1.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | CN¥0.31 | CN¥5.43 | x |
| 1996-12-31 | CN¥0.34 | CN¥5.43 | x |
| 1997-12-31 | CN¥0.35 | CN¥5.43 | x |
| 1998-12-31 | CN¥0.74 | CN¥5.43 | x |
| 1999-12-31 | CN¥0.76 | CN¥5.43 | x |
| 2000-12-31 | CN¥0.87 | CN¥5.43 | x |
| 2001-12-31 | CN¥0.90 | CN¥5.43 | x |
| 2002-12-31 | CN¥0.96 | CN¥5.43 | x |
| 2003-12-31 | CN¥1.06 | CN¥5.43 | x |
| 2004-12-31 | CN¥1.10 | CN¥5.43 | x |
| 2005-12-31 | CN¥1.19 | CN¥5.43 | x |
| 2006-12-31 | CN¥1.38 | CN¥5.43 | x |
| 2007-12-31 | CN¥1.34 | CN¥5.43 | x |
| 2008-12-31 | CN¥1.29 | CN¥5.43 | x |
| 2009-12-31 | CN¥1.42 | CN¥5.43 | x |
| 2010-12-31 | CN¥1.53 | CN¥5.43 | x |
| 2011-12-31 | CN¥1.56 | CN¥5.43 | x |
| 2012-12-31 | CN¥1.66 | CN¥5.43 | x |
| 2013-12-31 | CN¥1.68 | CN¥5.43 | x |
| 2014-12-31 | CN¥1.75 | CN¥5.43 | x |
| 2015-12-31 | CN¥3.35 | CN¥5.43 | x |
| 2016-12-31 | CN¥2.20 | CN¥5.43 | x |
| 2017-12-31 | CN¥2.26 | CN¥5.43 | x |
| 2018-12-31 | CN¥2.28 | CN¥5.43 | x |
| 2019-12-31 | CN¥2.31 | CN¥5.43 | x |
| 2020-12-31 | CN¥2.33 | CN¥5.43 | x |
| 2021-12-31 | CN¥2.38 | CN¥5.43 | x |
| 2022-12-31 | CN¥3.08 | CN¥5.43 | x |
| 2023-12-31 | CN¥3.15 | CN¥5.43 | x |
| 2024-12-31 | CN¥3.25 | CN¥5.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinopec Oilfield Equipment Corp 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): 3.13%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.21%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 3.36x
- Recent ROE (3.13%) is below the historical average (7.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 13.04% | 12.89% | 0.39x | 2.58x | CN¥6.30 Million |
| 1996 | 13.87% | 14.68% | 0.40x | 2.38x | CN¥8.73 Million |
| 1997 | 21.12% | 19.79% | 0.52x | 2.04x | CN¥26.19 Million |
| 1998 | 16.62% | 33.31% | 0.34x | 1.48x | CN¥33.10 Million |
| 1999 | 10.97% | 24.84% | 0.27x | 1.62x | CN¥4.95 Million |
| 2000 | 12.71% | 20.91% | 0.41x | 1.49x | CN¥15.88 Million |
| 2001 | 13.60% | 18.40% | 0.44x | 1.67x | CN¥21.75 Million |
| 2002 | 10.64% | 16.80% | 0.44x | 1.43x | CN¥4.17 Million |
| 2003 | 9.19% | 14.80% | 0.44x | 1.41x | CN¥-5.80 Million |
| 2004 | 10.63% | 13.92% | 0.45x | 1.69x | CN¥4.68 Million |
| 2005 | 11.21% | 11.78% | 0.53x | 1.80x | CN¥9.70 Million |
| 2006 | 20.08% | 19.68% | 0.60x | 1.71x | CN¥93.54 Million |
| 2007 | 10.17% | 8.11% | 0.75x | 1.68x | CN¥1.57 Million |
| 2008 | 11.44% | 7.64% | 0.86x | 1.73x | CN¥12.79 Million |
| 2009 | 11.23% | 8.96% | 0.76x | 1.64x | CN¥11.90 Million |
| 2010 | 10.45% | 7.94% | 0.82x | 1.60x | CN¥4.66 Million |
| 2011 | 9.84% | 6.59% | 0.83x | 1.79x | CN¥-1.72 Million |
| 2012 | 11.74% | 7.09% | 0.85x | 1.96x | CN¥19.38 Million |
| 2013 | 9.14% | 5.56% | 0.80x | 2.06x | CN¥-9.78 Million |
| 2014 | 6.05% | 4.33% | 0.72x | 1.93x | CN¥-46.89 Million |
| 2015 | 0.23% | 0.11% | 0.69x | 2.90x | CN¥-248.32 Million |
| 2016 | -48.45% | -24.06% | 0.53x | 3.81x | CN¥-999.78 Million |
| 2017 | 0.54% | 0.24% | 0.57x | 3.98x | CN¥-166.47 Million |
| 2018 | 0.76% | 0.28% | 0.63x | 4.42x | CN¥-163.90 Million |
| 2019 | 2.51% | 0.69% | 0.74x | 4.92x | CN¥-134.73 Million |
| 2020 | 1.69% | 0.49% | 0.76x | 4.53x | CN¥-150.29 Million |
| 2021 | 3.23% | 0.86% | 0.86x | 4.38x | CN¥-125.54 Million |
| 2022 | 1.80% | 0.67% | 0.78x | 3.43x | CN¥-237.63 Million |
| 2023 | 3.08% | 1.10% | 0.84x | 3.36x | CN¥-206.75 Million |
| 2024 | 3.13% | 1.21% | 0.77x | 3.36x | CN¥-212.86 Million |
Industry Comparison
This section compares Sinopec Oilfield Equipment Corp'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: $1,126,736,724
- Average return on equity (ROE) among peers: 0.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinopec Oilfield Equipment Corp (000852) | CN¥3.31 Billion | 13.04% | 2.39x | $759.59 Million |
| Xinjiang Zhundong Petroleum (002207) | $178.38 Million | 15.14% | 0.90x | $230.08 Million |
| Yantai Jereh Oilfield Services Group Co Ltd (002353) | $2.59 Billion | 16.39% | 0.18x | $19.59 Billion |
| Shandong Molong Petroleum Machinery Co Ltd (002490) | $1.79 Billion | -12.57% | 2.21x | $586.61 Million |
| China Oil HBP Science & Technology Co Ltd (002554) | $209.11 Million | 25.42% | 0.69x | $558.17 Million |
| Zhejiang Renzhi Co Ltd (002629) | $61.40 Million | -56.91% | 2.29x | $282.45 Million |
| Lanzhou Haimo Technologies Co (300084) | $621.55 Million | 3.02% | 0.08x | $868.05 Million |
| LandOcean Energy Services Co (300157) | $2.07 Billion | 5.06% | 0.09x | $469.98 Million |
| Tong Oil Tools (300164) | $1.43 Billion | 2.57% | 0.41x | $947.21 Million |
| Sino Geophysical (300191) | $1.20 Billion | 7.67% | 0.04x | $1.31 Billion |
About Sinopec Oilfield Equipment Corp
Sinopec Oilfield Equipment Corporation engages in the research, development, manufacture, and service of oil and gas equipment in China and internationally. It provides drilling rigs, cementing units, fracturing units, workover equipment, coiled tubing units, snubbing units, drill bits and tools, downhole tools, steel pipes, natural gas compressors, oil field environmental protection equipment, f… Read more