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

Latest as of September 2025: CN¥23.04 Billion CNY ≈ $3.37 Billion USD

Based on the latest financial reports, Yantai Jereh Oilfield Services Group Co Ltd (002353) has net assets worth CN¥23.04 Billion CNY (≈ $3.37 Billion 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¥38.08 Billion ≈ $5.57 Billion USD) and total liabilities (CN¥15.04 Billion ≈ $2.20 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 asset resilience ratio of Yantai Jereh Oilfield Services Group Co to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥23.04 Billion
% of Total Assets	60.49%
Annual Growth Rate	38.47%
5-Year Change	93.44%
10-Year Change	174.17%
Growth Volatility	122.8

Yantai Jereh Oilfield Services Group Co Ltd - Net Assets Trend (2006–2024)

This chart illustrates how Yantai Jereh Oilfield Services Group Co Ltd's net assets have evolved over time, based on quarterly financial data. Also explore 002353 total assets for the complete picture of this company's asset base.

Annual Net Assets for Yantai Jereh Oilfield Services Group Co Ltd (2006–2024)

The table below shows the annual net assets of Yantai Jereh Oilfield Services Group Co Ltd from 2006 to 2024. For live valuation and market cap data, see 002353 market cap.

Year	Net Assets	Change
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 45317.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	CN¥13.91 Billion	65.76%
Common Stock	CN¥1.02 Billion	4.84%
Other Comprehensive Income	CN¥427.88 Million	2.02%
Other Components	CN¥5.79 Billion	27.38%
Total Equity	CN¥21.16 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
NiSource Inc NYSE:NI	$21.94 Billion
Guangdong Songfa Ceramics Co SHG:603268	$21.95 Billion
Omnicom Group Inc NYSE:OMC	$21.96 Billion
Global Unichip Corp TW:3443	$22.00 Billion
Bayan Resources Tbk JK:BYAN	$21.88 Billion
Airports of Thailand Public Company Limited F:NYVQ	$21.86 Billion
Northern Star Resources Limited F:NS7	$21.85 Billion
China Securities Co Ltd SHG:601066	$21.79 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 2023 to 2024, total equity changed from 19,321,272,000 to 21,155,377,731, a change of 1,834,105,731 (9.5%).
Net income of 2,627,034,935 contributed positively to equity growth.
Dividend payments of 763,413,542 reduced retained earnings.
Share repurchases of 221,547,078 reduced equity.
Other comprehensive income increased equity by 427,878,997.
Other factors decreased equity by 235,847,581.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	CN¥2.63 Billion	+12.42%
Dividends Paid	CN¥763.41 Million	-3.61%
Share Repurchases	CN¥221.55 Million	-1.05%
Other Comprehensive Income	CN¥427.88 Million	+2.02%
Other Changes	CN¥-235.85 Million	-1.11%
Total Change	CN¥-	9.49%

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: 7.02x
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 1570.63x to 7.02x 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¥146.38	x
2007-12-31	CN¥0.17	CN¥146.38	x
2008-12-31	CN¥0.29	CN¥146.38	x
2009-12-31	CN¥0.51	CN¥146.38	x
2010-12-31	CN¥2.55	CN¥146.38	x
2011-12-31	CN¥2.86	CN¥146.38	x
2012-12-31	CN¥3.52	CN¥146.38	x
2013-12-31	CN¥4.47	CN¥146.38	x
2014-12-31	CN¥8.28	CN¥146.38	x
2015-12-31	CN¥8.07	CN¥146.38	x
2016-12-31	CN¥8.46	CN¥146.38	x
2017-12-31	CN¥8.21	CN¥146.38	x
2018-12-31	CN¥8.75	CN¥146.38	x
2019-12-31	CN¥10.20	CN¥146.38	x
2020-12-31	CN¥11.60	CN¥146.38	x
2021-12-31	CN¥13.06	CN¥146.38	x
2022-12-31	CN¥16.86	CN¥146.38	x
2023-12-31	CN¥18.97	CN¥146.38	x
2024-12-31	CN¥20.86	CN¥146.38	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): 12.42%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 19.67%
• Asset Turnover: 0.37x
• Equity Multiplier: 1.69x
Recent ROE (12.42%) is below the historical average (18.52%), 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

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: $838,551,463
Average return on equity (ROE) among peers: 9.66%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Yantai Jereh Oilfield Services Group Co Ltd (002353)	CN¥23.04 Billion	34.39%	0.65x	$21.93 Billion
Sinopec Oilfield Equipment Corp (000852)	$596.09 Million	12.50%	0.47x	$1.02 Billion
Xinjiang Zhundong Petroleum (002207)	$144.73 Million	23.10%	1.04x	$304.86 Million
Shandong Molong Petroleum Machinery Co Ltd (002490)	$2.01 Billion	4.59%	2.28x	$806.98 Million
China Oil HBP Science & Technology Co Ltd (002554)	$1.16 Billion	7.91%	0.15x	$673.32 Million
Zhejiang Renzhi Co Ltd (002629)	$685.23 Million	3.58%	0.12x	$431.47 Million
Lanzhou Haimo Technologies Co (300084)	$1.32 Billion	-17.25%	0.69x	$902.39 Million
LandOcean Energy Services Co (300157)	$285.96 Million	17.73%	0.05x	$644.30 Million
Tong Oil Tools (300164)	$1.18 Billion	2.75%	0.30x	$1.14 Billion
Sino Geophysical (300191)	$153.30 Million	32.07%	0.12x	$1.75 Billion

About Yantai Jereh Oilfield Services Group Co Ltd

SHE:002353 China Oil & Gas Equipment & Services

Market Cap

$21.93 Billion

CN¥149.87 Billion CNY

Market Cap Rank

#1172 Global

#97 in China

Share Price

CN¥146.38

Change (1 day)

-2.93%

52-Week Range

CN¥33.30 - CN¥150.80

All Time High

CN¥150.80