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. Also explore 600339 total assets for the complete picture of this company's asset base.

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. Check 600339 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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. For live valuation and market cap data, see China Petroleum Engineering Corp market cap and net worth.

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
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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
DHT Holdings Inc
NYSE:DHT
$2.56 Billion
Guangzhou Zhujiang Brewery Co Ltd
SHE:002461
$2.56 Billion
StoneCo Ltd
NASDAQ:STNE
$2.56 Billion
FIBI Holdings Ltd
TA:FIBIH
$2.56 Billion
Colbun
SN:COLBUN
$2.56 Billion
Roshow Technology Co Ltd
SHE:002617
$2.56 Billion
Kalpataru Projects International Ltd.
NSE:KPIL
$2.56 Billion
Evergreen Aviation Tech Corp
TW:2645
$2.55 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: 0.65x
  • 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 16.40x to 0.65x 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¥3.13 x
1998-12-31 CN¥0.20 CN¥3.13 x
1999-12-31 CN¥0.33 CN¥3.13 x
2000-12-31 CN¥1.15 CN¥3.13 x
2001-12-31 CN¥1.19 CN¥3.13 x
2002-12-31 CN¥1.19 CN¥3.13 x
2003-12-31 CN¥1.35 CN¥3.13 x
2004-12-31 CN¥1.39 CN¥3.13 x
2005-12-31 CN¥1.33 CN¥3.13 x
2006-12-31 CN¥1.23 CN¥3.13 x
2007-12-31 CN¥2.35 CN¥3.13 x
2008-12-31 CN¥2.16 CN¥3.13 x
2009-12-31 CN¥2.03 CN¥3.13 x
2010-12-31 CN¥2.48 CN¥3.13 x
2011-12-31 CN¥2.46 CN¥3.13 x
2012-12-31 CN¥2.03 CN¥3.13 x
2013-12-31 CN¥2.02 CN¥3.13 x
2014-12-31 CN¥1.74 CN¥3.13 x
2015-12-31 CN¥0.01 CN¥3.13 x
2016-12-31 CN¥3.60 CN¥3.13 x
2017-12-31 CN¥4.07 CN¥3.13 x
2018-12-31 CN¥4.13 CN¥3.13 x
2019-12-31 CN¥4.25 CN¥3.13 x
2020-12-31 CN¥4.41 CN¥3.13 x
2021-12-31 CN¥4.44 CN¥3.13 x
2022-12-31 CN¥4.56 CN¥3.13 x
2023-12-31 CN¥4.68 CN¥3.13 x
2024-12-31 CN¥4.74 CN¥3.13 x
2025-12-31 CN¥4.79 CN¥3.13 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: $2,939,726,192
  • Average return on equity (ROE) among peers: -2.18%

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 $2.56 Billion
Sinopec Oilfield Equipment Corp (000852) $943.91 Million 9.83% 0.62x $713.43 Million
Xinjiang Zhundong Petroleum (002207) $353.67 Million -0.52% 0.89x $260.76 Million
Yantai Jereh Oilfield Services Group Co Ltd (002353) $18.12 Billion 12.39% 0.61x $24.19 Billion
Shandong Molong Petroleum Machinery Co Ltd (002490) $1.93 Billion 1.97% 2.22x $527.94 Million
China Oil HBP Science & Technology Co Ltd (002554) $2.34 Billion -8.14% 1.41x $603.06 Million
Zhejiang Renzhi Co Ltd (002629) $32.77 Million -44.83% 10.58x $291.18 Million
Lanzhou Haimo Technologies Co (300084) $1.29 Billion -2.78% 0.54x $970.03 Million
LandOcean Energy Services Co (300157) $1.62 Billion 5.08% 0.02x $423.65 Million
Tong Oil Tools (300164) $1.64 Billion 1.34% 0.28x $689.74 Million
Sino Geophysical (300191) $1.12 Billion 3.87% 2.69x $1.30 Billion

About China Petroleum Engineering Corp

SHG:600339 China Oil & Gas Equipment & Services
Market Cap
$2.56 Billion
CN¥17.48 Billion CNY
Market Cap Rank
#5488 Global
#1063 in China
Share Price
CN¥3.13
Change (1 day)
+0.97%
52-Week Range
CN¥3.07 - CN¥5.24
All Time High
CN¥8.53
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