China Petroleum Engineering Corp Net Assets
China Petroleum Engineering Corp net assets. 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. See debt-free asset ratio of China Petroleum Engineering Corp to measure how much of total assets are equity-financed.
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 |
Net Assets of China Petroleum Engineering Corp (1997–2025)
Net assets of China Petroleum Engineering Corp from 1997 to 2025. This chart illustrates how China Petroleum Engineering Corp's net assets have evolved over time, based on quarterly financial data. Also explore 600339 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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 market cap and overall valuation, 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.
China Petroleum Engineering Corp Net Assets Breakdown (December 2025)
China Petroleum Engineering Corp net assets breakdown by equity component as of 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 |
|---|---|
|
Boise Cascad Llc
NYSE:BCC
|
$2.66 Billion |
|
Meinian Onehealth Healthcare Holdings Co Ltd
SHE:002044
|
$2.66 Billion |
|
Huron Consulting Group Inc
NASDAQ:HURN
|
$2.66 Billion |
|
Chongqing Zongshen Power Machinery Co Ltd
SHE:001696
|
$2.66 Billion |
|
China International Marine Containers (Group) Co. Ltd
F:OCM
|
$2.66 Billion |
|
Metro Brands Limited
NSE:METROBRAND
|
$2.65 Billion |
|
JTC PLC LS-01
F:2N9
|
$2.65 Billion |
|
Ruentex Development Co Ltd
TW:9945
|
$2.65 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: 0.68x
- 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 17.02x to 0.68x 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¥3.25 | x |
| 1998-12-31 | CN¥0.20 | CN¥3.25 | x |
| 1999-12-31 | CN¥0.33 | CN¥3.25 | x |
| 2000-12-31 | CN¥1.15 | CN¥3.25 | x |
| 2001-12-31 | CN¥1.19 | CN¥3.25 | x |
| 2002-12-31 | CN¥1.19 | CN¥3.25 | x |
| 2003-12-31 | CN¥1.35 | CN¥3.25 | x |
| 2004-12-31 | CN¥1.39 | CN¥3.25 | x |
| 2005-12-31 | CN¥1.33 | CN¥3.25 | x |
| 2006-12-31 | CN¥1.23 | CN¥3.25 | x |
| 2007-12-31 | CN¥2.35 | CN¥3.25 | x |
| 2008-12-31 | CN¥2.16 | CN¥3.25 | x |
| 2009-12-31 | CN¥2.03 | CN¥3.25 | x |
| 2010-12-31 | CN¥2.48 | CN¥3.25 | x |
| 2011-12-31 | CN¥2.46 | CN¥3.25 | x |
| 2012-12-31 | CN¥2.03 | CN¥3.25 | x |
| 2013-12-31 | CN¥2.02 | CN¥3.25 | x |
| 2014-12-31 | CN¥1.74 | CN¥3.25 | x |
| 2015-12-31 | CN¥0.01 | CN¥3.25 | x |
| 2016-12-31 | CN¥3.60 | CN¥3.25 | x |
| 2017-12-31 | CN¥4.07 | CN¥3.25 | x |
| 2018-12-31 | CN¥4.13 | CN¥3.25 | x |
| 2019-12-31 | CN¥4.25 | CN¥3.25 | x |
| 2020-12-31 | CN¥4.41 | CN¥3.25 | x |
| 2021-12-31 | CN¥4.44 | CN¥3.25 | x |
| 2022-12-31 | CN¥4.56 | CN¥3.25 | x |
| 2023-12-31 | CN¥4.68 | CN¥3.25 | x |
| 2024-12-31 | CN¥4.74 | CN¥3.25 | x |
| 2025-12-31 | CN¥4.79 | CN¥3.25 | 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: $1,865,263,474
- Average return on equity (ROE) among peers: -33.96%
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 | $2.66 Billion |
| Sinopec Oilfield Equipment Corp (000852) | $625.32 Million | 13.15% | 0.61x | $744.05 Million |
| Xinjiang Zhundong Petroleum (002207) | $71.97 Million | 72.09% | 5.57x | $192.89 Million |
| Yantai Jereh Oilfield Services Group Co Ltd (002353) | $8.66 Billion | 7.10% | 0.38x | $12.78 Billion |
| Shandong Molong Petroleum Machinery Co Ltd (002490) | $910.35 Million | -46.68% | 3.44x | $573.92 Million |
| China Oil HBP Science & Technology Co Ltd (002554) | $2.55 Billion | 6.24% | 0.96x | $511.33 Million |
| Zhejiang Renzhi Co Ltd (002629) | $6.84 Million | -386.09% | 51.93x | $261.88 Million |
| Lanzhou Haimo Technologies Co (300084) | $121.44 Million | 22.84% | 0.50x | $726.72 Million |
| LandOcean Energy Services Co (300157) | $3.19 Billion | -31.84% | 0.47x | $387.81 Million |
| Tong Oil Tools (300164) | $1.43 Billion | 2.57% | 0.41x | $712.13 Million |
| Chengdu Huaqi Houpu Holding Co Ltd (300471) | $1.09 Billion | 1.00% | 1.00x | $696.25 Million |
About China Petroleum Engineering Corp
China Petroleum Engineering Corporation provides energy and chemical 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. It also engages in onshore and offshore oil and gas pipeline projects, chemical petroleum storage facilities, LNG receiving termi… Read more