Yantai Jereh Oilfield Services Group Co Ltd (002353) - Total Assets
Based on the latest financial reports, Yantai Jereh Oilfield Services Group Co Ltd (002353) holds total assets worth CN¥38.08 Billion CNY (≈ $5.57 Billion USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See 002353 book value for net asset value and shareholders' equity analysis.
Yantai Jereh Oilfield Services Group Co Ltd - Total Assets Trend (2006–2024)
This chart illustrates how Yantai Jereh Oilfield Services Group Co Ltd's total assets have evolved over time, based on quarterly financial data.
Yantai Jereh Oilfield Services Group Co Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Yantai Jereh Oilfield Services Group Co Ltd's total assets of CN¥38.08 Billion consist of 71.8% current assets and 28.2% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 16.6% |
| Accounts Receivable | CN¥9.41 Billion | 26.4% |
| Inventory | CN¥5.35 Billion | 15.0% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥665.05 Million | 1.9% |
| Goodwill | CN¥102.09 Million | 0.3% |
Asset Composition Trend (2006–2024)
This chart illustrates how Yantai Jereh Oilfield Services Group Co Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see 002353 market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Yantai Jereh Oilfield Services Group Co Ltd's current assets represent 71.8% of total assets in 2024, a decrease from 85.9% in 2006.
- Cash Position: Cash and equivalents constituted 16.6% of total assets in 2024, up from 10.7% in 2006.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 1.0% of total assets, a decrease from 4.0% in 2006.
- Asset Diversification: The largest asset category is accounts receivable at 26.4% of total assets.
Yantai Jereh Oilfield Services Group Co Ltd Competitors by Total Assets
Key competitors of Yantai Jereh Oilfield Services Group Co Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Terravest Capital Inc
TO:TVK
|
Canada | CA$2.10 Billion |
|
Pulse Seismic Inc
TO:PSD
|
Canada | CA$22.80 Million |
|
Malaysia Marine and Heavy Engineering Holdings Bhd
KLSE:5186
|
Malaysia | RM3.13 Billion |
|
PBG SA
WAR:PBG
|
Poland | zł22.89 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.99 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €879.42 Million |
Yantai Jereh Oilfield Services Group Co Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.52 | 2.54 | 2.20 |
| Quick Ratio | 1.92 | 1.92 | 1.47 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥16.99 Billion | CN¥15.23 Billion | CN¥7.97 Billion |
Yantai Jereh Oilfield Services Group Co Ltd - Advanced Valuation Insights
This section examines the relationship between Yantai Jereh Oilfield Services Group Co Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 5.17 |
| Latest Market Cap to Assets Ratio | 0.58 |
| Asset Growth Rate (YoY) | 12.3% |
| Total Assets | CN¥35.70 Billion |
| Market Capitalization | $20.53 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Yantai Jereh Oilfield Services Group Co Ltd's assets below their book value (0.58x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Yantai Jereh Oilfield Services Group Co Ltd's assets grew by 12.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Yantai Jereh Oilfield Services Group Co Ltd (2006–2024)
The table below shows the annual total assets of Yantai Jereh Oilfield Services Group Co Ltd from 2006 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CN¥35.70 Billion ≈ $5.22 Billion |
+12.33% |
| 2023-12-31 | CN¥31.78 Billion ≈ $4.65 Billion |
+8.73% |
| 2022-12-31 | CN¥29.23 Billion ≈ $4.28 Billion |
+49.66% |
| 2021-12-31 | CN¥19.53 Billion ≈ $2.86 Billion |
+3.77% |
| 2020-12-31 | CN¥18.82 Billion ≈ $2.75 Billion |
+13.80% |
| 2019-12-31 | CN¥16.54 Billion ≈ $2.42 Billion |
+38.84% |
| 2018-12-31 | CN¥11.91 Billion ≈ $1.74 Billion |
+15.67% |
| 2017-12-31 | CN¥10.30 Billion ≈ $1.51 Billion |
+2.37% |
| 2016-12-31 | CN¥10.06 Billion ≈ $1.47 Billion |
-3.22% |
| 2015-12-31 | CN¥10.39 Billion ≈ $1.52 Billion |
-7.06% |
| 2014-12-31 | CN¥11.18 Billion ≈ $1.64 Billion |
+62.27% |
| 2013-12-31 | CN¥6.89 Billion ≈ $1.01 Billion |
+47.12% |
| 2012-12-31 | CN¥4.68 Billion ≈ $685.39 Million |
+53.83% |
| 2011-12-31 | CN¥3.04 Billion ≈ $445.56 Million |
+27.06% |
| 2010-12-31 | CN¥2.40 Billion ≈ $350.67 Million |
+355.55% |
| 2009-12-31 | CN¥526.05 Million ≈ $76.98 Million |
+19.51% |
| 2008-12-31 | CN¥440.19 Million ≈ $64.41 Million |
+72.06% |
| 2007-12-31 | CN¥255.83 Million ≈ $37.44 Million |
+49.90% |
| 2006-12-31 | CN¥170.67 Million ≈ $24.97 Million |
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About Yantai Jereh Oilfield Services Group Co Ltd
Yantai Jereh Oilfield Services Group Co., Ltd. engages in the equipment manufacturing, oil and gas engineering and technical services, and environmental management and new energy businesses in China and internationally. The company offers oilfield equipment, including fracturing equipment, power supply solutions, intelligent cementing equipment, intelligent coiled tubing equipment, and plunger pu… Read more