Yantai Jereh Oilfield Services Group Co Ltd (002353) - Net Assets

Latest as of March 2026: CN¥24.38 Billion CNY ≈ $3.57 Billion USD

Based on the latest financial reports, Yantai Jereh Oilfield Services Group Co Ltd (002353) has net assets worth CN¥24.38 Billion CNY (≈ $3.57 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥39.15 Billion ≈ $5.73 Billion USD) and total liabilities (CN¥14.77 Billion ≈ $2.16 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 002353 total asset value for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets CN¥24.38 Billion
% of Total Assets 62.28%
Annual Growth Rate 36.72%
5-Year Change 86.62%
10-Year Change 196.56%
Growth Volatility 120.04

Yantai Jereh Oilfield Services Group Co Ltd - Net Assets Trend (2006–2025)

This chart illustrates how Yantai Jereh Oilfield Services Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Check Yantai Jereh Oilfield Services Group Co (002353) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Yantai Jereh Oilfield Services Group Co Ltd (2006–2025)

The table below shows the annual net assets of Yantai Jereh Oilfield Services Group Co Ltd from 2006 to 2025. For live valuation and market cap data, see market cap of Yantai Jereh Oilfield Services Group Co .

Year Net Assets Change
2025-12-31 CN¥23.92 Billion
≈ $3.50 Billion		 +8.70%
2024-12-31 CN¥22.00 Billion
≈ $3.22 Billion		 +9.20%
2023-12-31 CN¥20.15 Billion
≈ $2.95 Billion		 +11.18%
2022-12-31 CN¥18.12 Billion
≈ $2.65 Billion		 +41.40%
2021-12-31 CN¥12.82 Billion
≈ $1.88 Billion		 +12.68%
2020-12-31 CN¥11.37 Billion
≈ $1.66 Billion		 +13.29%
2019-12-31 CN¥10.04 Billion
≈ $1.47 Billion		 +15.94%
2018-12-31 CN¥8.66 Billion
≈ $1.27 Billion		 +5.98%
2017-12-31 CN¥8.17 Billion
≈ $1.20 Billion		 +1.31%
2016-12-31 CN¥8.06 Billion
≈ $1.18 Billion		 +0.50%
2015-12-31 CN¥8.02 Billion
≈ $1.17 Billion		 -1.45%
2014-12-31 CN¥8.14 Billion
≈ $1.19 Billion		 +101.70%
2013-12-31 CN¥4.04 Billion
≈ $590.76 Million		 +27.71%
2012-12-31 CN¥3.16 Billion
≈ $462.59 Million		 +22.10%
2011-12-31 CN¥2.59 Billion
≈ $378.86 Million		 +15.06%
2010-12-31 CN¥2.25 Billion
≈ $329.28 Million		 +548.79%
2009-12-31 CN¥346.83 Million
≈ $50.75 Million		 +74.92%
2008-12-31 CN¥198.28 Million
≈ $29.01 Million		 +71.28%
2007-12-31 CN¥115.76 Million
≈ $16.94 Million		 +84.45%
2006-12-31 CN¥62.76 Million
≈ $9.18 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Yantai Jereh Oilfield Services Group 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 50903.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CN¥15.62 Billion 67.84%
Other Components CN¥7.40 Billion 32.16%
Total Equity CN¥23.03 Billion 100.00%

Yantai Jereh Oilfield Services Group Co Ltd Competitors by Market Cap

The table below lists competitors of Yantai Jereh Oilfield Services Group Co Ltd ranked by their market capitalization.

Company Market Cap
BE SEMICON.INDS NY EO091
F:BSIA
 $20.28 Billion
BOUYGUES UNSP.ADR 1/5/EO1
F:BYG0
 $20.29 Billion
Zhejiang Sanhua Co Ltd
SHE:002050
 $20.31 Billion
KUAISHOU TECHNOLOGY CL.B
F:5Y0
 $20.31 Billion
China United Network Communications Ltd
SHG:600050
 $20.22 Billion
Publicis Groupe SA
PA:PUB
 $20.20 Billion
Southwest Airlines Company
NYSE:LUV
 $20.19 Billion
Reliance Steel & Aluminum Co
NYSE:RS
 $20.18 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Yantai Jereh Oilfield Services Group Co Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 21,155,377,731 to 23,025,566,744, a change of 1,870,189,013 (8.8%).
  • Net income of 2,680,474,680 contributed positively to equity growth.
  • Dividend payments of 999,520,742 reduced retained earnings.
  • Other comprehensive income decreased equity by 427,878,997.
  • Other factors increased equity by 617,114,072.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CN¥2.68 Billion +11.64%
Dividends Paid CN¥999.52 Million -4.34%
Other Comprehensive Income CN¥-427.88 Million -1.86%
Other Changes CN¥617.11 Million +2.68%
Total Change CN¥- 8.84%

Book Value vs Market Value Analysis

This analysis compares Yantai Jereh Oilfield Services Group 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: 6.01x
  • 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 1449.70x to 6.01x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 CN¥0.09 CN¥135.11 x
2007-12-31 CN¥0.17 CN¥135.11 x
2008-12-31 CN¥0.29 CN¥135.11 x
2009-12-31 CN¥0.51 CN¥135.11 x
2010-12-31 CN¥2.55 CN¥135.11 x
2011-12-31 CN¥2.86 CN¥135.11 x
2012-12-31 CN¥3.52 CN¥135.11 x
2013-12-31 CN¥4.47 CN¥135.11 x
2014-12-31 CN¥8.28 CN¥135.11 x
2015-12-31 CN¥8.07 CN¥135.11 x
2016-12-31 CN¥8.46 CN¥135.11 x
2017-12-31 CN¥8.21 CN¥135.11 x
2018-12-31 CN¥8.75 CN¥135.11 x
2019-12-31 CN¥10.20 CN¥135.11 x
2020-12-31 CN¥11.60 CN¥135.11 x
2021-12-31 CN¥13.06 CN¥135.11 x
2022-12-31 CN¥16.86 CN¥135.11 x
2023-12-31 CN¥18.97 CN¥135.11 x
2024-12-31 CN¥20.86 CN¥135.11 x
2025-12-31 CN¥22.49 CN¥135.11 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Yantai Jereh Oilfield Services Group 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): 11.64%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 16.52%
  • • Asset Turnover: 0.41x
  • • Equity Multiplier: 1.70x
  • Recent ROE (11.64%) is below the historical average (18.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 34.39% 11.00% 1.08x 2.90x CN¥14.37 Million
2007 38.61% 13.20% 1.21x 2.42x CN¥30.19 Million
2008 45.10% 20.00% 1.00x 2.26x CN¥68.40 Million
2009 52.80% 26.39% 1.29x 1.55x CN¥145.60 Million
2010 12.55% 30.05% 0.39x 1.07x CN¥57.35 Million
2011 16.47% 29.29% 0.48x 1.18x CN¥166.67 Million
2012 20.44% 26.98% 0.51x 1.49x CN¥328.57 Million
2013 24.63% 26.63% 0.54x 1.72x CN¥585.21 Million
2014 15.22% 26.91% 0.40x 1.42x CN¥411.44 Million
2015 1.86% 5.12% 0.27x 1.33x CN¥-634.52 Million
2016 1.54% 4.26% 0.28x 1.28x CN¥-664.82 Million
2017 0.85% 2.13% 0.31x 1.29x CN¥-727.48 Million
2018 7.32% 13.38% 0.39x 1.42x CN¥-225.61 Million
2019 13.93% 19.65% 0.42x 1.69x CN¥384.12 Million
2020 15.26% 20.38% 0.44x 1.70x CN¥582.60 Million
2021 12.72% 18.07% 0.45x 1.57x CN¥338.71 Million
2022 13.00% 19.68% 0.39x 1.69x CN¥518.32 Million
2023 12.70% 17.64% 0.44x 1.64x CN¥522.25 Million
2024 12.42% 19.67% 0.37x 1.69x CN¥511.50 Million
2025 11.64% 16.52% 0.41x 1.70x CN¥377.92 Million

Industry Comparison

This section compares Yantai Jereh Oilfield Services Group Co Ltd'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: $810,026,263
  • Average return on equity (ROE) among peers: 13.70%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Yantai Jereh Oilfield Services Group Co Ltd (002353) CN¥24.38 Billion 34.39% 0.61x $20.24 Billion
Sinopec Oilfield Equipment Corp (000852) $667.06 Million 10.35% 0.40x $735.81 Million
Xinjiang Zhundong Petroleum (002207) $364.11 Million 6.08% 0.62x $205.92 Million
Shandong Molong Petroleum Machinery Co Ltd (002490) $1.80 Billion 1.79% 1.87x $652.40 Million
China Oil HBP Science & Technology Co Ltd (002554) $74.40 Million 33.19% 1.04x $565.98 Million
Zhejiang Renzhi Co Ltd (002629) $36.74 Million 38.28% 5.48x $266.86 Million
Lanzhou Haimo Technologies Co (300084) $96.44 Million 20.35% 0.52x $823.89 Million
LandOcean Energy Services Co (300157) $1.54 Billion 4.67% 0.02x $505.29 Million
Tong Oil Tools (300164) $1.64 Billion 1.34% 0.28x $1.08 Billion
Sino Geophysical (300191) $1.07 Billion 7.23% 0.02x $1.48 Billion

About Yantai Jereh Oilfield Services Group Co Ltd

SHE:002353 China Oil & Gas Equipment & Services
Market Cap
$20.24 Billion
CN¥138.33 Billion CNY
Market Cap Rank
#1272 Global
#103 in China
Share Price
CN¥135.11
Change (1 day)
+10.00%
52-Week Range
CN¥38.68 - CN¥173.66
All Time High
CN¥173.66
Categories
Companies in China Oil & Gas Equipment & Services
About

Yantai Jereh Oilfield Services Group Co., Ltd. engages in the equipment manufacturing, oil and gas engineering and technical services, oil and gas development, environmental management, and new energy businesses in China and internationally. The company offers oilfield equipment, including fracturing equipment, intelligent cementing equipment, intelligent coiled tubing equipment, plunger pumps, i… Read more