Dezhou United Petroleum Technology Co.Ltd. (301158) - Net Assets
Based on the latest financial reports, Dezhou United Petroleum Technology Co.Ltd. (301158) has net assets worth CN¥1.41 Billion CNY (≈ $205.97 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¥1.91 Billion ≈ $279.01 Million USD) and total liabilities (CN¥499.11 Million ≈ $73.03 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. Check Dezhou United Petroleum Technology Co.Lt (301158) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥1.41 Billion |
| % of Total Assets | 73.82% |
| Annual Growth Rate | 12.08% |
| 5-Year Change | 119.61% |
| 10-Year Change | N/A |
| Growth Volatility | 27.95 |
Dezhou United Petroleum Technology Co.Ltd. - Net Assets Trend (2015–2024)
This chart illustrates how Dezhou United Petroleum Technology Co.Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore 301158 total assets for the complete picture of this company's asset base.
Annual Net Assets for Dezhou United Petroleum Technology Co.Ltd. (2015–2024)
The table below shows the annual net assets of Dezhou United Petroleum Technology Co.Ltd. from 2015 to 2024. For live valuation and market cap data, see Dezhou United Petroleum Technology Co.Lt (301158) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥1.33 Billion ≈ $194.73 Million |
+0.63% |
| 2023-12-31 | CN¥1.32 Billion ≈ $193.50 Million |
+4.79% |
| 2022-12-31 | CN¥1.26 Billion ≈ $184.65 Million |
+92.71% |
| 2021-12-31 | CN¥654.80 Million ≈ $95.82 Million |
+8.06% |
| 2020-12-31 | CN¥605.96 Million ≈ $88.67 Million |
+8.33% |
| 2019-12-31 | CN¥559.36 Million ≈ $81.85 Million |
+10.04% |
| 2018-12-31 | CN¥508.34 Million ≈ $74.39 Million |
+8.20% |
| 2017-12-31 | CN¥469.81 Million ≈ $68.75 Million |
+2.89% |
| 2016-12-31 | CN¥456.59 Million ≈ $66.81 Million |
-4.25% |
| 2015-12-31 | CN¥476.88 Million ≈ $69.78 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Dezhou United Petroleum Technology 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 23.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥305.07 Million | 23.16% |
| Common Stock | CN¥150.37 Million | 11.42% |
| Other Components | CN¥861.80 Million | 65.42% |
| Total Equity | CN¥1.32 Billion | 100.00% |
Dezhou United Petroleum Technology Co.Ltd. Competitors by Market Cap
The table below lists competitors of Dezhou United Petroleum Technology Co.Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dingli Communications Corp Ltd
SHE:300050
|
$582.02 Million |
|
Docebo Inc
TO:DCBO
|
$582.02 Million |
|
Shandong Link Science and Technology Co Ltd
SHE:001207
|
$582.05 Million |
|
Caribbean Utilities Company Ltd
TO:CUP-U
|
$582.50 Million |
|
Queen's Road Capital Investment Ltd.
TO:QRC
|
$581.95 Million |
|
Vital Farms Inc
NASDAQ:VITL
|
$581.91 Million |
|
Beijing Quanshi World Online Net
SHE:002995
|
$581.66 Million |
|
Sichuan Meifeng Chemical Industry Co Ltd
SHE:000731
|
$581.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dezhou United Petroleum Technology Co.Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,322,368,207 to 1,317,241,413, a change of -5,126,794 (-0.4%).
- Net income of 99,193,651 contributed positively to equity growth.
- Dividend payments of 62,910,988 reduced retained earnings.
- Share repurchases of 40,262,479 reduced equity.
- Other comprehensive income decreased equity by 35,087,032.
- Other factors increased equity by 33,940,054.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥99.19 Million | +7.53% |
| Dividends Paid | CN¥62.91 Million | -4.78% |
| Share Repurchases | CN¥40.26 Million | -3.06% |
| Other Comprehensive Income | CN¥-35.09 Million | -2.66% |
| Other Changes | CN¥33.94 Million | +2.58% |
| Total Change | CN¥- | -0.39% |
Book Value vs Market Value Analysis
This analysis compares Dezhou United Petroleum Technology 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: 2.96x
- 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 9.99x to 2.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | CN¥2.65 | CN¥26.45 | x |
| 2016-12-31 | CN¥6.59 | CN¥26.45 | x |
| 2017-12-31 | CN¥4.14 | CN¥26.45 | x |
| 2018-12-31 | CN¥4.49 | CN¥26.45 | x |
| 2019-12-31 | CN¥4.93 | CN¥26.45 | x |
| 2020-12-31 | CN¥4.03 | CN¥26.45 | x |
| 2021-12-31 | CN¥4.35 | CN¥26.45 | x |
| 2022-12-31 | CN¥8.39 | CN¥26.45 | x |
| 2023-12-31 | CN¥8.84 | CN¥26.45 | x |
| 2024-12-31 | CN¥8.94 | CN¥26.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dezhou United Petroleum Technology 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): 7.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.87%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.35x
- Recent ROE (7.53%) is above the historical average (6.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.38% | 0.84% | 0.35x | 1.27x | CN¥-45.87 Million |
| 2016 | 0.15% | 0.38% | 0.30x | 1.30x | CN¥-44.93 Million |
| 2017 | 2.90% | 6.04% | 0.36x | 1.31x | CN¥-33.37 Million |
| 2018 | 8.47% | 12.36% | 0.46x | 1.51x | CN¥-7.77 Million |
| 2019 | 11.40% | 13.62% | 0.57x | 1.47x | CN¥7.84 Million |
| 2020 | 9.94% | 14.27% | 0.48x | 1.46x | CN¥-373.41K |
| 2021 | 9.53% | 14.02% | 0.46x | 1.49x | CN¥-3.07 Million |
| 2022 | 6.06% | 15.54% | 0.32x | 1.23x | CN¥-49.69 Million |
| 2023 | 6.56% | 15.30% | 0.35x | 1.23x | CN¥-45.50 Million |
| 2024 | 7.53% | 14.87% | 0.37x | 1.35x | CN¥-32.53 Million |
Industry Comparison
This section compares Dezhou United Petroleum Technology 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: $1,729,950,810
- Average return on equity (ROE) among peers: 3.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dezhou United Petroleum Technology Co.Ltd. (301158) | CN¥1.41 Billion | 0.38% | 0.35x | $582.00 Million |
| Sinopec Oilfield Equipment Corp (000852) | $3.05 Billion | 1.71% | 2.26x | $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 Dezhou United Petroleum Technology Co.Ltd.
Dezhou United Petroleum Technology Co.,Ltd. engages in the research and development, production, sale, and leasing of special tools and equipment for oil and gas drilling applications in China and internationally. The company offers drilling tools, such as down-hole motors, non-magnetic products, hydraulic thrusters, insulating joints, and joint products; and drilling equipment, including power s… Read more