China Petroleum Engineering Corp
China Petroleum Engineering Corporation provides energy engineering services. The company is involved in onshore and offshore oil and gas engineering design consulting, engineering contracting, construction and manufacturing, and operation and maintenance; and chemical refining and engineering activities. It also engages in onshore and offshore oil and gas pipeline projects, chemical petroleum st… Read more
China Petroleum Engineering Corp (600339) - Net Assets
Latest net assets as of September 2025: CN¥26.85 Billion CNY
Based on the latest financial reports, China Petroleum Engineering Corp (600339) has net assets worth CN¥26.85 Billion CNY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥124.20 Billion) and total liabilities (CN¥97.35 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CN¥26.85 Billion |
| % of Total Assets | 21.62% |
| Annual Growth Rate | 22.92% |
| 5-Year Change | 7.41% |
| 10-Year Change | 37098.17% |
| Growth Volatility | 4371.42 |
China Petroleum Engineering Corp - Net Assets Trend (1997–2024)
This chart illustrates how China Petroleum Engineering Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for China Petroleum Engineering Corp (1997–2024)
The table below shows the annual net assets of China Petroleum Engineering Corp from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥26.51 Billion | +1.34% |
| 2023-12-31 | CN¥26.16 Billion | +2.49% |
| 2022-12-31 | CN¥25.53 Billion | +2.57% |
| 2021-12-31 | CN¥24.89 Billion | +0.83% |
| 2020-12-31 | CN¥24.68 Billion | +3.68% |
| 2019-12-31 | CN¥23.81 Billion | +1.25% |
| 2018-12-31 | CN¥23.51 Billion | +3.28% |
| 2017-12-31 | CN¥22.77 Billion | +37.33% |
| 2016-12-31 | CN¥16.58 Billion | +23159.59% |
| 2015-12-31 | CN¥71.27 Million | -93.31% |
| 2014-12-31 | CN¥1.07 Billion | -15.57% |
| 2013-12-31 | CN¥1.26 Billion | -0.91% |
| 2012-12-31 | CN¥1.27 Billion | -17.21% |
| 2011-12-31 | CN¥1.54 Billion | +6.69% |
| 2010-12-31 | CN¥1.44 Billion | +20.12% |
| 2009-12-31 | CN¥1.20 Billion | -6.00% |
| 2008-12-31 | CN¥1.28 Billion | +0.42% |
| 2007-12-31 | CN¥1.27 Billion | +91.46% |
| 2006-12-31 | CN¥663.99 Million | -10.17% |
| 2005-12-31 | CN¥739.16 Million | -0.83% |
| 2004-12-31 | CN¥745.32 Million | +4.39% |
| 2003-12-31 | CN¥713.96 Million | +13.19% |
| 2002-12-31 | CN¥630.79 Million | +0.17% |
| 2001-12-31 | CN¥629.71 Million | +3.45% |
| 2000-12-31 | CN¥608.71 Million | +251.17% |
| 1999-12-31 | CN¥173.34 Million | +64.50% |
| 1998-12-31 | CN¥105.37 Million | +4.47% |
| 1997-12-31 | CN¥100.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to China Petroleum Engineering 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 516228500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CN¥5.16 Billion | 19.51% |
| Common Stock | CN¥5.58 Billion | 21.10% |
| Other Components | CN¥15.72 Billion | 59.39% |
| Total Equity | CN¥26.46 Billion | 100.00% |
China Petroleum Engineering Corp Competitors by Market Cap
The table below lists competitors of China Petroleum Engineering Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Levima Advanced Materials Corp
SHE:003022
|
$740.60 Million |
|
Guangdong CHJ Industry Co Ltd
SHE:002345
|
$740.76 Million |
|
Palvella Therapeutics, Inc
NASDAQ:PVLA
|
$740.92 Million |
|
Wuxi Hyatech Co. Ltd. A
SHG:688510
|
$741.04 Million |
|
Wuxi Huaguang Boiler Co Ltd
SHG:600475
|
$740.22 Million |
|
Servyou Software Group Co Ltd
SHG:603171
|
$740.11 Million |
|
Cellcom Israel Ltd
PINK:CELJF
|
$740.08 Million |
|
Uniqure NV
NASDAQ:QURE
|
$740.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in China Petroleum Engineering Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,105,773,057 to 26,462,879,000, a change of 357,105,943 (1.4%).
- Net income of 635,455,199 contributed positively to equity growth.
- Dividend payments of 313,867,379 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CN¥635.46 Million | +2.4% |
| Dividends Paid | CN¥313.87 Million | -1.19% |
| Other Changes | CN¥35.52 Million | +0.13% |
| Total Change | CN¥- | 1.37% |
Book Value vs Market Value Analysis
This analysis compares China Petroleum Engineering 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: 0.85x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 21.01x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CN¥0.19 | CN¥4.01 | x |
| 1998-12-31 | CN¥0.20 | CN¥4.01 | x |
| 1999-12-31 | CN¥0.33 | CN¥4.01 | x |
| 2000-12-31 | CN¥1.15 | CN¥4.01 | x |
| 2001-12-31 | CN¥1.19 | CN¥4.01 | x |
| 2002-12-31 | CN¥1.19 | CN¥4.01 | x |
| 2003-12-31 | CN¥1.35 | CN¥4.01 | x |
| 2004-12-31 | CN¥1.39 | CN¥4.01 | x |
| 2005-12-31 | CN¥1.33 | CN¥4.01 | x |
| 2006-12-31 | CN¥1.23 | CN¥4.01 | x |
| 2007-12-31 | CN¥2.35 | CN¥4.01 | x |
| 2008-12-31 | CN¥2.16 | CN¥4.01 | x |
| 2009-12-31 | CN¥2.03 | CN¥4.01 | x |
| 2010-12-31 | CN¥2.48 | CN¥4.01 | x |
| 2011-12-31 | CN¥2.46 | CN¥4.01 | x |
| 2012-12-31 | CN¥2.03 | CN¥4.01 | x |
| 2013-12-31 | CN¥2.02 | CN¥4.01 | x |
| 2014-12-31 | CN¥1.74 | CN¥4.01 | x |
| 2015-12-31 | CN¥0.01 | CN¥4.01 | x |
| 2016-12-31 | CN¥3.60 | CN¥4.01 | x |
| 2017-12-31 | CN¥4.07 | CN¥4.01 | x |
| 2018-12-31 | CN¥4.13 | CN¥4.01 | x |
| 2019-12-31 | CN¥4.25 | CN¥4.01 | x |
| 2020-12-31 | CN¥4.41 | CN¥4.01 | x |
| 2021-12-31 | CN¥4.44 | CN¥4.01 | x |
| 2022-12-31 | CN¥4.56 | CN¥4.01 | x |
| 2023-12-31 | CN¥4.68 | CN¥4.01 | x |
| 2024-12-31 | CN¥4.74 | CN¥4.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently China Petroleum Engineering 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): 2.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.74%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 4.10x
- Recent ROE (2.40%) is below the historical average (81.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 28.69% | 12.20% | 1.22x | 1.92x | CN¥18.85 Million |
| 1998 | 27.69% | 13.33% | 1.04x | 2.00x | CN¥18.64 Million |
| 1999 | 18.13% | 13.62% | 0.79x | 1.69x | CN¥14.09 Million |
| 2000 | 5.29% | 10.33% | 0.39x | 1.30x | CN¥-28.66 Million |
| 2001 | 8.16% | 15.09% | 0.38x | 1.43x | CN¥-11.61 Million |
| 2002 | 8.29% | 7.09% | 0.68x | 1.72x | CN¥-10.75 Million |
| 2003 | 8.43% | 4.83% | 0.91x | 1.93x | CN¥-11.14 Million |
| 2004 | 8.84% | 3.61% | 1.14x | 2.14x | CN¥-8.49 Million |
| 2005 | 0.76% | 0.49% | 0.49x | 3.20x | CN¥-64.89 Million |
| 2006 | 2.45% | 1.58% | 0.36x | 4.26x | CN¥-47.39 Million |
| 2007 | 3.01% | 3.32% | 0.34x | 2.70x | CN¥-86.48 Million |
| 2008 | 5.26% | 6.28% | 0.29x | 2.87x | CN¥-59.20 Million |
| 2009 | 0.12% | 0.16% | 0.24x | 3.15x | CN¥-116.77 Million |
| 2010 | 17.63% | 11.89% | 0.59x | 2.50x | CN¥109.47 Million |
| 2011 | 4.43% | 2.57% | 0.57x | 3.04x | CN¥-79.20 Million |
| 2012 | -19.07% | -7.03% | 0.76x | 3.58x | CN¥-341.78 Million |
| 2013 | 0.46% | 0.18% | 0.79x | 3.32x | CN¥-111.97 Million |
| 2014 | -16.87% | -6.45% | 0.67x | 3.92x | CN¥-269.71 Million |
| 2015 | 2149.99% | 1.86% | 20.10x | 57.37x | CN¥1.21 Billion |
| 2016 | 7.78% | 2.54% | 0.57x | 5.41x | CN¥-367.22 Million |
| 2017 | 2.95% | 1.21% | 0.61x | 4.01x | CN¥-1.60 Billion |
| 2018 | 4.11% | 1.63% | 0.63x | 3.99x | CN¥-1.38 Billion |
| 2019 | 3.38% | 1.24% | 0.70x | 3.92x | CN¥-1.57 Billion |
| 2020 | 3.47% | 1.21% | 0.67x | 4.32x | CN¥-1.61 Billion |
| 2021 | 1.85% | 0.58% | 0.76x | 4.21x | CN¥-2.02 Billion |
| 2022 | 2.84% | 0.87% | 0.78x | 4.20x | CN¥-1.82 Billion |
| 2023 | 2.86% | 0.93% | 0.75x | 4.12x | CN¥-1.86 Billion |
| 2024 | 2.40% | 0.74% | 0.79x | 4.10x | CN¥-2.01 Billion |
Industry Comparison
This section compares China Petroleum Engineering 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: $2,021,866,903
- Average return on equity (ROE) among peers: 17.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| China Petroleum Engineering Corp (600339) | CN¥26.85 Billion | 28.69% | 3.63x | $740.26 Million |
| Xinjiang Zhundong Petroleum (002207) | $71.97 Million | 72.09% | 5.57x | $250.57 Million |
| Yantai Jereh Oilfield Services Group Co Ltd (002353) | $12.82 Billion | 12.38% | 0.52x | $7.33 Billion |
| China Oil HBP Science & Technology Co Ltd (002554) | $74.40 Million | 33.19% | 1.04x | $383.99 Million |
| Zhejiang Renzhi Co Ltd (002629) | $756.36 Million | 4.38% | 0.47x | $258.86 Million |
| Lanzhou Haimo Technologies Co (300084) | $1.10 Billion | 0.95% | 0.54x | $452.75 Million |
| LandOcean Energy Services Co (300157) | $2.28 Billion | 5.76% | 0.26x | $527.99 Million |
| Tong Oil Tools (300164) | $1.34 Billion | 3.75% | 0.36x | $511.69 Million |
| Sino Geophysical (300191) | $153.30 Million | 32.07% | 0.12x | $877.57 Million |
| Chengdu Huaqi Houpu Holding Co Ltd (300471) | $308.20 Million | 0.00% | 2.08x | $567.05 Million |
| Dezhou United Petroleum Technology Co.Ltd. (301158) | $1.32 Billion | 6.56% | 0.23x | $251.37 Million |