China Petroleum Engineering Corp (600339) - Net Assets

Latest as of March 2026: CN¥26.97 Billion CNY ≈ $3.95 Billion USD

Based on the latest financial reports, China Petroleum Engineering Corp (600339) has net assets worth CN¥26.97 Billion CNY (≈ $3.95 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¥123.18 Billion ≈ $18.03 Billion USD) and total liabilities (CN¥96.22 Billion ≈ $14.08 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. For live market cap and overall valuation, see 600339 market cap.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CN¥26.97 Billion
% of Total Assets	21.89%
Annual Growth Rate	22.06%
5-Year Change	7.61%
10-Year Change	61.55%
Growth Volatility	4295.68

China Petroleum Engineering Corp - Net Assets Trend (1997–2025)

This chart illustrates how China Petroleum Engineering Corp's net assets have evolved over time, based on quarterly financial data.

Annual Net Assets for China Petroleum Engineering Corp (1997–2025)

The table below shows the annual net assets of China Petroleum Engineering Corp from 1997 to 2025. See China Petroleum Engineering Corp balance sheet quality to measure how much of total assets are equity-financed.

Year	Net Assets	Change
2025-12-31	CN¥26.78 Billion ≈ $3.92 Billion	+1.01%
2024-12-31	CN¥26.51 Billion ≈ $3.88 Billion	+1.34%
2023-12-31	CN¥26.16 Billion ≈ $3.83 Billion	+2.49%
2022-12-31	CN¥25.53 Billion ≈ $3.74 Billion	+2.57%
2021-12-31	CN¥24.89 Billion ≈ $3.64 Billion	+0.83%
2020-12-31	CN¥24.68 Billion ≈ $3.61 Billion	+3.68%
2019-12-31	CN¥23.81 Billion ≈ $3.48 Billion	+1.25%
2018-12-31	CN¥23.51 Billion ≈ $3.44 Billion	+3.28%
2017-12-31	CN¥22.77 Billion ≈ $3.33 Billion	+37.33%
2016-12-31	CN¥16.58 Billion ≈ $2.43 Billion	+23159.59%
2015-12-31	CN¥71.27 Million ≈ $10.43 Million	-93.31%
2014-12-31	CN¥1.07 Billion ≈ $155.86 Million	-15.57%
2013-12-31	CN¥1.26 Billion ≈ $184.61 Million	-0.91%
2012-12-31	CN¥1.27 Billion ≈ $186.30 Million	-17.21%
2011-12-31	CN¥1.54 Billion ≈ $225.03 Million	+6.69%
2010-12-31	CN¥1.44 Billion ≈ $210.93 Million	+20.12%
2009-12-31	CN¥1.20 Billion ≈ $175.60 Million	-6.00%
2008-12-31	CN¥1.28 Billion ≈ $186.81 Million	+0.42%
2007-12-31	CN¥1.27 Billion ≈ $186.02 Million	+91.46%
2006-12-31	CN¥663.99 Million ≈ $97.16 Million	-10.17%
2005-12-31	CN¥739.16 Million ≈ $108.16 Million	-0.83%
2004-12-31	CN¥745.32 Million ≈ $109.06 Million	+4.39%
2003-12-31	CN¥713.96 Million ≈ $104.47 Million	+13.19%
2002-12-31	CN¥630.79 Million ≈ $92.30 Million	+0.17%
2001-12-31	CN¥629.71 Million ≈ $92.15 Million	+3.45%
2000-12-31	CN¥608.71 Million ≈ $89.07 Million	+251.17%
1999-12-31	CN¥173.34 Million ≈ $25.36 Million	+64.50%
1998-12-31	CN¥105.37 Million ≈ $15.42 Million	+4.47%
1997-12-31	CN¥100.86 Million ≈ $14.76 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 521333721022.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CN¥5.21 Billion	19.51%
Other Components	CN¥21.51 Billion	80.49%
Total Equity	CN¥26.72 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
Yunnan Xiyi Industrial Co Ltd SHE:002265	$2.76 Billion
Bird Construction Inc. TO:BDT	$2.77 Billion
China Baoan Group Co Ltd SHE:000009	$2.77 Billion
Elmos Semiconductor SE F:ELG	$2.77 Billion
Silvercorp Metals Inc TO:SVM	$2.76 Billion
Grindr Inc NYSE:GRND	$2.76 Billion
Soleno Therapeutics Inc NASDAQ:SLNO	$2.76 Billion
Tera Yatirim Menkul Degerler A.S. IS:TERA	$2.76 Billion

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 2024 to 2025, total equity changed from 26,462,879,000 to 26,723,134,483, a change of 260,255,483 (1.0%).
Net income of 356,237,754 contributed positively to equity growth.
Dividend payments of 534,738,339 reduced retained earnings.
Other factors increased equity by 438,756,068.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CN¥356.24 Million	+1.33%
Dividends Paid	CN¥534.74 Million	-2.0%
Other Changes	CN¥438.76 Million	+1.64%
Total Change	CN¥-	0.98%

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: 0.71x
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 17.71x to 0.71x 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¥3.38	x
1998-12-31	CN¥0.20	CN¥3.38	x
1999-12-31	CN¥0.33	CN¥3.38	x
2000-12-31	CN¥1.15	CN¥3.38	x
2001-12-31	CN¥1.19	CN¥3.38	x
2002-12-31	CN¥1.19	CN¥3.38	x
2003-12-31	CN¥1.35	CN¥3.38	x
2004-12-31	CN¥1.39	CN¥3.38	x
2005-12-31	CN¥1.33	CN¥3.38	x
2006-12-31	CN¥1.23	CN¥3.38	x
2007-12-31	CN¥2.35	CN¥3.38	x
2008-12-31	CN¥2.16	CN¥3.38	x
2009-12-31	CN¥2.03	CN¥3.38	x
2010-12-31	CN¥2.48	CN¥3.38	x
2011-12-31	CN¥2.46	CN¥3.38	x
2012-12-31	CN¥2.03	CN¥3.38	x
2013-12-31	CN¥2.02	CN¥3.38	x
2014-12-31	CN¥1.74	CN¥3.38	x
2015-12-31	CN¥0.01	CN¥3.38	x
2016-12-31	CN¥3.60	CN¥3.38	x
2017-12-31	CN¥4.07	CN¥3.38	x
2018-12-31	CN¥4.13	CN¥3.38	x
2019-12-31	CN¥4.25	CN¥3.38	x
2020-12-31	CN¥4.41	CN¥3.38	x
2021-12-31	CN¥4.44	CN¥3.38	x
2022-12-31	CN¥4.56	CN¥3.38	x
2023-12-31	CN¥4.68	CN¥3.38	x
2024-12-31	CN¥4.74	CN¥3.38	x
2025-12-31	CN¥4.79	CN¥3.38	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): 1.33%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.36%
• Asset Turnover: 0.81x
• Equity Multiplier: 4.59x
Recent ROE (1.33%) is below the historical average (79.13%), 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
2025	1.33%	0.36%	0.81x	4.59x	CN¥-2.32 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: $2,475,064,847
Average return on equity (ROE) among peers: -183.61%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
China Petroleum Engineering Corp (600339)	CN¥26.97 Billion	28.69%	3.57x	$2.76 Billion
Sinopec Oilfield Equipment Corp (000852)	$3.15 Billion	2.92%	2.19x	$735.66 Million
Xinjiang Zhundong Petroleum (002207)	$19.01 Million	-1788.99%	20.31x	$220.49 Million
Yantai Jereh Oilfield Services Group Co Ltd (002353)	$12.82 Billion	12.38%	0.52x	$22.85 Billion
Shandong Molong Petroleum Machinery Co Ltd (002490)	$1.36 Billion	-27.09%	2.28x	$646.85 Million
China Oil HBP Science & Technology Co Ltd (002554)	$2.34 Billion	-8.14%	1.41x	$562.08 Million
Zhejiang Renzhi Co Ltd (002629)	$36.74 Million	38.28%	5.48x	$295.55 Million
Lanzhou Haimo Technologies Co (300084)	$1.88 Billion	3.50%	0.64x	$840.75 Million
LandOcean Energy Services Co (300157)	$240.73 Million	-72.60%	7.04x	$444.62 Million
Tong Oil Tools (300164)	$1.64 Billion	1.34%	0.28x	$880.04 Million
Sino Geophysical (300191)	$1.26 Billion	2.30%	0.11x	$1.57 Billion

About China Petroleum Engineering Corp

SHG:600339 China Oil & Gas Equipment & Services

Market Cap

$2.76 Billion

CN¥18.87 Billion CNY

Market Cap Rank

#5202 Global

#906 in China

Share Price

CN¥3.38

Change (1 day)

+1.20%

52-Week Range

CN¥3.05 - CN¥5.24

All Time High

CN¥8.53