Sinopec Oilfield Equipment Corp (000852) - Net Assets

Latest as of September 2025: CN¥3.31 Billion CNY ≈ $484.52 Million USD

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. Check 000852 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Sinopec Oilfield Equipment Corp assets under control for the complete picture of this company's asset 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 stock market capitalisation.

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
VA Tech Wabag Limited
NSE:WABAG
 $1.02 Billion
Kunming Chuan Jin Nuo Chemical Co Ltd
SHE:300505
 $1.02 Billion
MLP Saglik Hizmetleri AS
IS:MPARK
 $1.02 Billion
MidWestOne Financial Group Inc
NASDAQ:MOFG
 $1.02 Billion
Vertex
NASDAQ:VERX
 $1.02 Billion
NanJing GOVA Technology Co. Ltd. A
SHG:688539
 $1.02 Billion
Jeju Semiconductor Corp
KQ:080220
 $1.02 Billion
XiAn ChenXi Aviation Technology Corp Ltd
SHE:300581
 $1.02 Billion

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: 2.24x
  • 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 23.61x to 2.24x 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¥7.27 x
1996-12-31 CN¥0.34 CN¥7.27 x
1997-12-31 CN¥0.35 CN¥7.27 x
1998-12-31 CN¥0.74 CN¥7.27 x
1999-12-31 CN¥0.76 CN¥7.27 x
2000-12-31 CN¥0.87 CN¥7.27 x
2001-12-31 CN¥0.90 CN¥7.27 x
2002-12-31 CN¥0.96 CN¥7.27 x
2003-12-31 CN¥1.06 CN¥7.27 x
2004-12-31 CN¥1.10 CN¥7.27 x
2005-12-31 CN¥1.19 CN¥7.27 x
2006-12-31 CN¥1.38 CN¥7.27 x
2007-12-31 CN¥1.34 CN¥7.27 x
2008-12-31 CN¥1.29 CN¥7.27 x
2009-12-31 CN¥1.42 CN¥7.27 x
2010-12-31 CN¥1.53 CN¥7.27 x
2011-12-31 CN¥1.56 CN¥7.27 x
2012-12-31 CN¥1.66 CN¥7.27 x
2013-12-31 CN¥1.68 CN¥7.27 x
2014-12-31 CN¥1.75 CN¥7.27 x
2015-12-31 CN¥3.35 CN¥7.27 x
2016-12-31 CN¥2.20 CN¥7.27 x
2017-12-31 CN¥2.26 CN¥7.27 x
2018-12-31 CN¥2.28 CN¥7.27 x
2019-12-31 CN¥2.31 CN¥7.27 x
2020-12-31 CN¥2.33 CN¥7.27 x
2021-12-31 CN¥2.38 CN¥7.27 x
2022-12-31 CN¥3.08 CN¥7.27 x
2023-12-31 CN¥3.15 CN¥7.27 x
2024-12-31 CN¥3.25 CN¥7.27 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: $1,582,854,093
  • Average return on equity (ROE) among peers: 3.91%

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 $1.02 Billion
Xinjiang Zhundong Petroleum (002207) $586.52 Million 1.72% 0.46x $263.44 Million
Yantai Jereh Oilfield Services Group Co Ltd (002353) $8.14 Billion 14.74% 0.37x $20.53 Billion
Shandong Molong Petroleum Machinery Co Ltd (002490) $910.35 Million -46.68% 3.44x $797.47 Million
China Oil HBP Science & Technology Co Ltd (002554) $209.11 Million 25.42% 0.69x $681.13 Million
Zhejiang Renzhi Co Ltd (002629) $32.77 Million -44.83% 10.58x $403.41 Million
Lanzhou Haimo Technologies Co (300084) $79.42 Million 19.79% 0.54x $878.59 Million
LandOcean Energy Services Co (300157) $4.01 Billion 2.12% 0.43x $632.16 Million
Tong Oil Tools (300164) $118.51 Million 30.83% 0.86x $1.16 Billion
Sino Geophysical (300191) $153.30 Million 32.07% 0.12x $2.03 Billion

About Sinopec Oilfield Equipment Corp

SHE:000852 China Oil & Gas Equipment & Services
Market Cap
$1.02 Billion
CN¥6.95 Billion CNY
Market Cap Rank
#9039 Global
#2413 in China
Share Price
CN¥7.27
Change (1 day)
+0.83%
52-Week Range
CN¥6.10 - CN¥9.34
All Time High
CN¥15.19
Categories
Companies in China Oil & Gas Equipment & Services
About

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