China Petroleum Engineering Corp (600339) - Net Assets

Latest as of September 2025: CN¥26.85 Billion CNY ≈ $3.93 Billion USD

Based on the latest financial reports, China Petroleum Engineering Corp (600339) has net assets worth CN¥26.85 Billion CNY (≈ $3.93 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¥124.20 Billion ≈ $18.17 Billion USD) and total liabilities (CN¥97.35 Billion ≈ $14.25 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 China Petroleum Engineering Corp liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore China Petroleum Engineering Corp asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see China Petroleum Engineering Corp (600339) total market value.

Year Net Assets Change
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 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
Steadfast Group Ltd
AU:SDF
 $3.19 Billion
Enerjisa Enerji AS
IS:ENJSA
 $3.19 Billion
Quectel Wireless Solutions Co Ltd
SHG:603236
 $3.19 Billion
WYNN MACAU LTD ADR/10
F:8WY0
 $3.19 Billion
Karur Vysya Bank Limited
NSE:KARURVYSYA
 $3.18 Billion
Sichuan Shuangma Cement Co Ltd
SHE:000935
 $3.18 Billion
Boyd Group Services Inc.
TO:BYD
 $3.18 Billion
Mangalore Refinery and Petrochemicals Limited
NSE:MRPL
 $3.18 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 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: 0.82x
  • 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 20.43x to 0.82x 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¥3.90 x
1998-12-31 CN¥0.20 CN¥3.90 x
1999-12-31 CN¥0.33 CN¥3.90 x
2000-12-31 CN¥1.15 CN¥3.90 x
2001-12-31 CN¥1.19 CN¥3.90 x
2002-12-31 CN¥1.19 CN¥3.90 x
2003-12-31 CN¥1.35 CN¥3.90 x
2004-12-31 CN¥1.39 CN¥3.90 x
2005-12-31 CN¥1.33 CN¥3.90 x
2006-12-31 CN¥1.23 CN¥3.90 x
2007-12-31 CN¥2.35 CN¥3.90 x
2008-12-31 CN¥2.16 CN¥3.90 x
2009-12-31 CN¥2.03 CN¥3.90 x
2010-12-31 CN¥2.48 CN¥3.90 x
2011-12-31 CN¥2.46 CN¥3.90 x
2012-12-31 CN¥2.03 CN¥3.90 x
2013-12-31 CN¥2.02 CN¥3.90 x
2014-12-31 CN¥1.74 CN¥3.90 x
2015-12-31 CN¥0.01 CN¥3.90 x
2016-12-31 CN¥3.60 CN¥3.90 x
2017-12-31 CN¥4.07 CN¥3.90 x
2018-12-31 CN¥4.13 CN¥3.90 x
2019-12-31 CN¥4.25 CN¥3.90 x
2020-12-31 CN¥4.41 CN¥3.90 x
2021-12-31 CN¥4.44 CN¥3.90 x
2022-12-31 CN¥4.56 CN¥3.90 x
2023-12-31 CN¥4.68 CN¥3.90 x
2024-12-31 CN¥4.74 CN¥3.90 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: $1,557,194,017
  • Average return on equity (ROE) among peers: 8.88%

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 $3.19 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
Yantai Jereh Oilfield Services Group Co Ltd (002353) $8.02 Billion 1.80% 0.30x $21.93 Billion
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 China Petroleum Engineering Corp

SHG:600339 China Oil & Gas Equipment & Services
Market Cap
$3.19 Billion
CN¥21.77 Billion CNY
Market Cap Rank
#4812 Global
#921 in China
Share Price
CN¥3.90
Change (1 day)
+1.04%
52-Week Range
CN¥3.09 - CN¥5.24
All Time High
CN¥8.53
Categories
Companies in China Oil & Gas Equipment & Services
About

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