Chinese (SSE) Oil and Gas Services Industry Analysis

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
Mon, 18 May 2026	CN¥384.1b	CN¥234.8b	CN¥9.9b	57.4x	38.7x	1.6x
Wed, 15 Apr 2026	CN¥387.7b	CN¥261.9b	CN¥10.6b	65.8x	36.7x	1.5x
Fri, 13 Mar 2026	CN¥401.9b	CN¥258.0b	CN¥10.6b	61.9x	37.9x	1.6x
Sun, 08 Feb 2026	CN¥355.2b	CN¥257.9b	CN¥10.5b	51.7x	33.7x	1.4x
Tue, 06 Jan 2026	CN¥312.0b	CN¥257.9b	CN¥10.5b	51.6x	29.6x	1.2x
Thu, 04 Dec 2025	CN¥295.8b	CN¥257.9b	CN¥10.5b	52.8x	28.1x	1.1x
Sat, 01 Nov 2025	CN¥283.9b	CN¥257.9b	CN¥10.5b	49.2x	27x	1.1x
Mon, 29 Sep 2025	CN¥282.0b	CN¥257.3b	CN¥10.8b	43.6x	26.1x	1.1x
Wed, 27 Aug 2025	CN¥280.9b	CN¥257.1b	CN¥11.1b	41.9x	25.2x	1.1x
Fri, 25 Jul 2025	CN¥259.8b	CN¥256.6b	CN¥11.6b	38.9x	22.4x	1x
Sun, 22 Jun 2025	CN¥248.1b	CN¥256.6b	CN¥11.6b	35.9x	21.4x	1x
Tue, 20 May 2025	CN¥232.6b	CN¥256.6b	CN¥11.6b	37.5x	20.1x	0.9x
Thu, 17 Apr 2025	CN¥220.7b	CN¥255.0b	CN¥12.4b	28.3x	17.8x	0.9x
Sat, 15 Mar 2025	CN¥239.0b	CN¥245.6b	CN¥11.9b	29.4x	20.2x	1x
Mon, 10 Feb 2025	CN¥239.7b	CN¥245.6b	CN¥11.8b	32x	20.2x	1x
Wed, 08 Jan 2025	CN¥236.2b	CN¥245.6b	CN¥11.8b	30x	20x	1x
Fri, 06 Dec 2024	CN¥248.6b	CN¥245.6b	CN¥11.8b	31.9x	21x	1x
Sun, 03 Nov 2024	CN¥249.8b	CN¥245.5b	CN¥11.8b	30.6x	21.2x	1x
Tue, 01 Oct 2024	CN¥233.6b	CN¥242.9b	CN¥11.8b	24x	19.8x	1x
Thu, 29 Aug 2024	CN¥196.8b	CN¥242.4b	CN¥11.7b	19.7x	16.8x	0.8x
Sat, 27 Jul 2024	CN¥195.7b	CN¥243.1b	CN¥11.5b	20.2x	17x	0.8x
Mon, 24 Jun 2024	CN¥210.5b	CN¥243.1b	CN¥11.4b	21.1x	18.4x	0.9x
Wed, 22 May 2024	CN¥224.9b	CN¥243.1b	CN¥11.4b	24.4x	19.7x	0.9x
Fri, 19 Apr 2024	CN¥222.4b	CN¥241.5b	CN¥11.1b	22.3x	20.1x	0.9x
Sun, 17 Mar 2024	CN¥213.8b	CN¥239.4b	CN¥11.0b	23.2x	19.4x	0.9x
Tue, 13 Feb 2024	CN¥191.0b	CN¥243.0b	CN¥11.2b	19.8x	17x	0.8x
Thu, 11 Jan 2024	CN¥203.6b	CN¥242.2b	CN¥10.1b	26.1x	20.2x	0.8x
Sat, 09 Dec 2023	CN¥204.8b	CN¥242.2b	CN¥10.1b	26.6x	20.3x	0.8x
Mon, 06 Nov 2023	CN¥214.8b	CN¥240.0b	CN¥10.0b	28.2x	21.5x	0.9x
Wed, 04 Oct 2023	CN¥230.2b	CN¥239.0b	CN¥9.8b	28.4x	23.6x	1x
Fri, 01 Sep 2023	CN¥216.0b	CN¥238.1b	CN¥9.8b	26.8x	22.1x	0.9x
Sun, 30 Jul 2023	CN¥225.4b	CN¥238.6b	CN¥9.7b	31.1x	23.3x	0.9x
Tue, 27 Jun 2023	CN¥206.2b	CN¥239.1b	CN¥9.8b	28.8x	21.1x	0.9x
Thu, 25 May 2023	CN¥215.2b	CN¥239.2b	CN¥9.8b	30.9x	22x	0.9x

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 38.7x which is higher than its 3-year average PE of 23.0x.

The 3-year average PS ratio of 1.0x is lower than the industry's current PS ratio of 1.6x.

Past Earnings Growth

Both revenue and earnings for companies in the Oil and Gas Equipment and Services industry have remained mostly flat over the last three years.
This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does Chinese Oil and Gas Services compare with similar industries?


CN Market	-0.83%
Energy	-2.31%
Energy Services	-3.29%
Oil and Gas Services	-3.28%
Oil and Gas Drilling	-4.37%

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
688377 Nanjing Develop Advanced Manufacturing	CN¥43.15	14.9% +CN¥1.1b	119.1%	PE72.7x
002207 Xinjiang Zhundong Petroleum Technology	CN¥10.15	27.7% +CN¥576.5m	76.5%	PS8.1x
300191 Sino Geophysical	CN¥38.95	4.4% +CN¥521.6m	141.8%	PE180.1x
603800 Jiangsu Hongtian TechnologyLtd	CN¥57.36	4.1% +CN¥451.8m	160.0%	PE487x
300084 Haimo Technologies Group	CN¥12.86	6.0% +CN¥371.1m	75.9%	PS10.9x

Company

Last Price

Valuation

688377 Nanjing Develop Advanced Manufacturing

CN¥43.15

14.9%
+CN¥1.1b

119.1%

PE72.7x

002207 Xinjiang Zhundong Petroleum Technology

CN¥10.15

27.7%
+CN¥576.5m

76.5%

PS8.1x

300191 Sino Geophysical

CN¥38.95

4.4%
+CN¥521.6m

141.8%

PE180.1x

603800 Jiangsu Hongtian TechnologyLtd

CN¥57.36

4.1%
+CN¥451.8m

160.0%

PE487x

300084 Haimo Technologies Group

CN¥12.86

6.0%
+CN¥371.1m

75.9%

PS10.9x

New major risk - Dividend sustainability

The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 0.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.1% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 19% per year over the past 5 years. Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding).

Chinese (SSE) Oil and Gas Services Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

Dividend of CN¥0.03 announced

New minor risk - Share price stability

Investor sentiment improves as stock rises 18%

New minor risk - Profit margin trend

Full year 2025 earnings released: EPS: CN¥0.04 (vs CN¥0.25 loss in FY 2024)

New minor risk - Dividend sustainability

Full year 2025 earnings released: CN¥0.07 loss per share (vs CN¥0.57 loss in FY 2024)

New minor risk - Financial position

New minor risk - Dividend sustainability

Xinjiang Zhundong Petroleum Technology Co., Ltd., Annual General Meeting, May 22, 2026

First quarter 2026 earnings released: EPS: CN¥0.10 (vs CN¥0.12 in 1Q 2025)

New major risk - Dividend sustainability

New minor risk - Earnings quality

Full year 2025 earnings released: EPS: CN¥0.14 (vs CN¥0.17 loss in FY 2024)

First quarter 2026 earnings released: EPS: CN¥0.04 (vs CN¥0.12 in 1Q 2025)

China Petroleum Engineering Corporation, Annual General Meeting, May 14, 2026