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Chinese (SSE) Oil and Gas Services Industry Analysis
UpdatedMar 31, 2026
DataAggregated Company Financials
Companies27
- 7D1.7%
- 3M17.6%
- 1Y50.3%
- YTDn/a
Over the last 7 days, the Oil and Gas Services industry has risen 1.4%, driven by gains in CNOOC Energy Technology & Services and Changzheng Engineering TechnologyLtd of 2.9% and 8.0%, respectively. Meanwhile, Tong Petrotech actually underperformed within the industry, shrinking 18% in the last week. This takes the industry's 12 month performance to a gain of 52%. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the Chinese Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Mar 2026 | CN¥366.5b | CN¥255.2b | CN¥10.8b | 55.4x | 34x | 1.4x |
| Thu, 26 Feb 2026 | CN¥390.9b | CN¥257.9b | CN¥10.5b | 54.1x | 37.1x | 1.5x |
| Sat, 24 Jan 2026 | CN¥350.7b | CN¥257.9b | CN¥10.5b | 55.3x | 33.3x | 1.4x |
| Mon, 22 Dec 2025 | CN¥298.2b | CN¥257.9b | CN¥10.5b | 50x | 28.3x | 1.2x |
| Wed, 19 Nov 2025 | CN¥289.5b | CN¥257.9b | CN¥10.5b | 51.1x | 27.5x | 1.1x |
| Fri, 17 Oct 2025 | CN¥282.8b | CN¥257.3b | CN¥10.8b | 43.2x | 26.2x | 1.1x |
| Sun, 14 Sep 2025 | CN¥275.3b | CN¥257.3b | CN¥10.8b | 45.6x | 25.5x | 1.1x |
| Tue, 12 Aug 2025 | CN¥269.8b | CN¥257.9b | CN¥11.6b | 39.2x | 23.2x | 1x |
| Thu, 10 Jul 2025 | CN¥250.0b | CN¥256.6b | CN¥11.6b | 38.1x | 21.6x | 1x |
| Sat, 07 Jun 2025 | CN¥238.4b | CN¥256.5b | CN¥11.5b | 36.1x | 20.6x | 0.9x |
| Mon, 05 May 2025 | CN¥226.0b | CN¥256.8b | CN¥11.8b | 32.9x | 19.1x | 0.9x |
| Wed, 02 Apr 2025 | CN¥244.6b | CN¥246.4b | CN¥12.0b | 30.6x | 20.3x | 1x |
| Fri, 28 Feb 2025 | CN¥231.4b | CN¥245.6b | CN¥11.8b | 27.9x | 19.5x | 0.9x |
| Sun, 26 Jan 2025 | CN¥240.1b | CN¥245.6b | CN¥11.8b | 32.2x | 20.3x | 1x |
| Tue, 24 Dec 2024 | CN¥236.7b | CN¥245.6b | CN¥11.8b | 31x | 20x | 1x |
| Thu, 21 Nov 2024 | CN¥257.3b | CN¥245.6b | CN¥11.8b | 29.3x | 21.7x | 1x |
| Sat, 19 Oct 2024 | CN¥236.8b | CN¥242.9b | CN¥11.8b | 28.6x | 20.1x | 1x |
| Mon, 16 Sep 2024 | CN¥185.6b | CN¥242.8b | CN¥11.8b | 18.8x | 15.7x | 0.8x |
| Wed, 14 Aug 2024 | CN¥204.4b | CN¥242.8b | CN¥11.5b | 20.5x | 17.8x | 0.8x |
| Fri, 12 Jul 2024 | CN¥208.3b | CN¥243.1b | CN¥11.4b | 20.3x | 18.2x | 0.9x |
| Sun, 09 Jun 2024 | CN¥212.5b | CN¥243.1b | CN¥11.4b | 21.6x | 18.6x | 0.9x |
| Tue, 07 May 2024 | CN¥223.5b | CN¥241.9b | CN¥11.4b | 24.6x | 19.6x | 0.9x |
| Thu, 04 Apr 2024 | CN¥226.3b | CN¥238.9b | CN¥10.6b | 25.9x | 21.4x | 0.9x |
| Sat, 02 Mar 2024 | CN¥209.7b | CN¥243.0b | CN¥11.2b | 23.2x | 18.7x | 0.9x |
| Mon, 29 Jan 2024 | CN¥206.5b | CN¥242.2b | CN¥10.1b | 24.3x | 20.5x | 0.9x |
| Wed, 27 Dec 2023 | CN¥199.7b | CN¥242.2b | CN¥10.1b | 25.6x | 19.8x | 0.8x |
| Fri, 24 Nov 2023 | CN¥215.8b | CN¥241.3b | CN¥10.1b | 28.5x | 21.4x | 0.9x |
| Sun, 22 Oct 2023 | CN¥216.8b | CN¥239.0b | CN¥9.8b | 27.8x | 22.2x | 0.9x |
| Tue, 19 Sep 2023 | CN¥227.0b | CN¥239.0b | CN¥9.8b | 28.3x | 23.3x | 0.9x |
| Thu, 17 Aug 2023 | CN¥215.8b | CN¥240.0b | CN¥9.7b | 29x | 22.3x | 0.9x |
| Sat, 15 Jul 2023 | CN¥226.1b | CN¥239.1b | CN¥9.8b | 31.5x | 23.1x | 0.9x |
| Mon, 12 Jun 2023 | CN¥213.1b | CN¥239.1b | CN¥9.8b | 29.9x | 21.8x | 0.9x |
| Wed, 10 May 2023 | CN¥228.2b | CN¥239.1b | CN¥10.8b | 36.3x | 21.2x | 1x |
| Fri, 07 Apr 2023 | CN¥224.6b | CN¥213.3b | CN¥6.8b | 49.9x | 32.8x | 1.1x |
Price to Earnings Ratio
32.8x
Current Industry PE
- Investors are optimistic on the Chinese Oil and Gas Equipment and Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 34.6x which is higher than its 3-year average PE of 22.5x.
- The 3-year average PS ratio of 0.98x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 6.2% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Chinese Oil and Gas Services compare with similar industries?
| CN Market | 3.67% | |
| Energy | -0.33% | |
| Energy Services | 1.68% | |
| Oil and Gas Services | 1.66% | |
| Oil and Gas Drilling | 5.70% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 603698 Changzheng Engineering TechnologyLtd | CN¥30.63 | 5.8% +CN¥895.1m | 76.5% | PE75.8x | |
| 002108 Cangzhou Mingzhu PlasticLtd | CN¥4.96 | 11.0% +CN¥807.8m | 42.1% | PE52.4x | |
| 603800 Jiangsu Hongtian TechnologyLtd | CN¥38.12 | 8.0% +CN¥569.6m | 9.7% | PE81.1x | |
| 300191 Sino Geophysical | CN¥38.43 | 3.8% +CN¥451.2m | 118.0% | PS22.3x | |
| 002278 Shanghai SK Petroleum & Chemical Equipment | CN¥12.09 | 7.4% +CN¥323.7m | 48.7% | PE98.9x |