Announcement • 11h
China Petroleum Engineering Corporation to Report First Half, 2026 Results on Aug 27, 2026 China Petroleum Engineering Corporation announced that they will report first half, 2026 results on Aug 27, 2026 Valuation Update With 7 Day Price Move • May 27
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥3.52, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 29x in the Energy Services industry in China. Total loss to shareholders of 8.0% over the past three years. Announcement • Apr 13
China Petroleum Engineering Corporation, Annual General Meeting, May 14, 2026 China Petroleum Engineering Corporation, Annual General Meeting, May 14, 2026, at 14:00 China Standard Time. Location: No. 101, Anli Road, Chaoyang District, Beijing China Reported Earnings • Apr 11
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: CN¥0.064 (down from CN¥0.11 in FY 2024). Revenue: CN¥99.7b (up 16% from FY 2024). Net income: CN¥356.2m (down 44% from FY 2024). Profit margin: 0.4% (down from 0.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 11%. Earnings per share (EPS) missed analyst estimates by 49%. Revenue is forecast to stay flat during the next 2 years compared to a 11% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to CN¥4.70, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 31x in the Energy Services industry in China. Total returns to shareholders of 25% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.35 per share. Announcement • Mar 30
China Petroleum Engineering Corporation to Report Q1, 2026 Results on Apr 25, 2026 China Petroleum Engineering Corporation announced that they will report Q1, 2026 results on Apr 25, 2026 New Risk • Mar 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (158% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.8% average weekly change). Buy Or Sell Opportunity • Mar 03
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 52% to CN¥5.13. The fair value is estimated to be CN¥4.25, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.3% over the last 3 years. Earnings per share has declined by 8.5%. Revenue is forecast to grow by 5.2% in 2 years. Earnings are forecast to grow by 60% in the next 2 years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥4.66, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 30x in the Energy Services industry in China. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.21 per share. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to CN¥4.30, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 24x in the Energy Services industry in China. Total returns to shareholders of 41% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.07 per share. Announcement • Dec 26
China Petroleum Engineering Corporation to Report Fiscal Year 2025 Results on Apr 11, 2026 China Petroleum Engineering Corporation announced that they will report fiscal year 2025 results on Apr 11, 2026 Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: CN¥0.01 (vs CN¥0.019 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.01 (down from CN¥0.019 in 3Q 2024). Revenue: CN¥21.2b (up 13% from 3Q 2024). Net income: CN¥53.3m (down 49% from 3Q 2024). Profit margin: 0.3% (down from 0.6% in 3Q 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Sep 30
China Petroleum Engineering Corporation to Report Q3, 2025 Results on Oct 31, 2025 China Petroleum Engineering Corporation announced that they will report Q3, 2025 results on Oct 31, 2025 Reported Earnings • Aug 23
Second quarter 2025 earnings released: EPS: CN¥0.049 (vs CN¥0.051 in 2Q 2024) Second quarter 2025 results: EPS: CN¥0.049 (down from CN¥0.051 in 2Q 2024). Revenue: CN¥19.2b (up 8.8% from 2Q 2024). Net income: CN¥275.9m (down 3.3% from 2Q 2024). Profit margin: 1.4% (down from 1.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Jun 30
China Petroleum Engineering Corporation to Report First Half, 2025 Results on Aug 22, 2025 China Petroleum Engineering Corporation announced that they will report first half, 2025 results on Aug 22, 2025 New Risk • Apr 26
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.7% Last year net profit margin: 1.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (198% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.7% net profit margin). Announcement • Apr 26
China Petroleum Engineering Corporation, Annual General Meeting, Jun 19, 2025 China Petroleum Engineering Corporation, Annual General Meeting, Jun 19, 2025, at 14:00 China Standard Time. Location: No. 101, Hubin North Road, Xiamen, Fujian China Reported Earnings • Apr 15
Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2024 results: EPS: CN¥0.11 (down from CN¥0.13 in FY 2023). Revenue: CN¥85.9b (up 6.9% from FY 2023). Net income: CN¥635.5m (down 15% from FY 2023). Profit margin: 0.7% (down from 0.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Mar 28
China Petroleum Engineering Corporation to Report Q1, 2025 Results on Apr 26, 2025 China Petroleum Engineering Corporation announced that they will report Q1, 2025 results on Apr 26, 2025 Announcement • Dec 27
China Petroleum Engineering Corporation to Report Fiscal Year 2024 Results on Apr 15, 2025 China Petroleum Engineering Corporation announced that they will report fiscal year 2024 results on Apr 15, 2025 Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: CN¥0.019 (vs CN¥0.039 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.019 (down from CN¥0.039 in 3Q 2023). Revenue: CN¥18.8b (up 3.9% from 3Q 2023). Net income: CN¥104.8m (down 52% from 3Q 2023). Profit margin: 0.6% (down from 1.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Sep 30
China Petroleum Engineering Corporation to Report Q3, 2024 Results on Oct 30, 2024 China Petroleum Engineering Corporation announced that they will report Q3, 2024 results on Oct 30, 2024 Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to CN¥3.31, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 11x in the Energy Services industry in China. Total returns to shareholders of 5.5% over the past three years. Reported Earnings • Aug 23
Second quarter 2024 earnings released: EPS: CN¥0.051 (vs CN¥0.084 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.051 (down from CN¥0.084 in 2Q 2023). Revenue: CN¥17.6b (down 11% from 2Q 2023). Net income: CN¥285.3m (down 39% from 2Q 2023). Profit margin: 1.6% (down from 2.4% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jun 28
China Petroleum Engineering Corporation to Report First Half, 2024 Results on Aug 23, 2024 China Petroleum Engineering Corporation announced that they will report first half, 2024 results on Aug 23, 2024 Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: CN¥0.043 (vs CN¥0.037 in 1Q 2023) First quarter 2024 results: EPS: CN¥0.043 (up from CN¥0.037 in 1Q 2023). Revenue: CN¥14.7b (down 1.7% from 1Q 2023). Net income: CN¥242.2m (up 17% from 1Q 2023). Profit margin: 1.6% (up from 1.4% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Reported Earnings • Apr 14
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.13 (up from CN¥0.13 in FY 2022). Revenue: CN¥80.3b (down 3.9% from FY 2022). Net income: CN¥745.9m (up 3.5% from FY 2022). Profit margin: 0.9% (in line with FY 2022). Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 31%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Apr 12
China Petroleum Engineering Corporation, Annual General Meeting, May 24, 2024 China Petroleum Engineering Corporation, Annual General Meeting, May 24, 2024, at 09:30 China Standard Time. Location: 3F, Tower B2, China Petroleum Innovation Base, Changping District, Beijing China Announcement • Mar 29
China Petroleum Engineering Corporation to Report Q1, 2024 Results on Apr 27, 2024 China Petroleum Engineering Corporation announced that they will report Q1, 2024 results on Apr 27, 2024 Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to CN¥3.27, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Energy Services industry in China. Total returns to shareholders of 35% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥1.37 per share. Announcement • Dec 30
China Petroleum Engineering Corporation to Report Fiscal Year 2023 Results on Apr 12, 2024 China Petroleum Engineering Corporation announced that they will report fiscal year 2023 results on Apr 12, 2024 Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: CN¥0.039 (vs CN¥0.043 in 3Q 2022) Third quarter 2023 results: EPS: CN¥0.039 (down from CN¥0.043 in 3Q 2022). Revenue: CN¥18.1b (up 5.2% from 3Q 2022). Net income: CN¥219.0m (down 9.6% from 3Q 2022). Profit margin: 1.2% (down from 1.4% in 3Q 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Reported Earnings • Aug 26
Second quarter 2023 earnings released: EPS: CN¥0.084 (vs CN¥0.086 in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.084 (down from CN¥0.086 in 2Q 2022). Revenue: CN¥19.7b (down 13% from 2Q 2022). Net income: CN¥469.2m (down 2.7% from 2Q 2022). Profit margin: 2.4% (up from 2.1% in 2Q 2022). Revenue is forecast to grow 9.2% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Announcement • Jun 28
China Petroleum Engineering Corporation to Report First Half, 2023 Results on Aug 26, 2023 China Petroleum Engineering Corporation announced that they will report first half, 2023 results on Aug 26, 2023 Reported Earnings • Apr 22
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: EPS: CN¥0.13 (up from CN¥0.082 in FY 2021). Revenue: CN¥83.6b (up 4.7% from FY 2021). Net income: CN¥720.7m (up 57% from FY 2021). Profit margin: 0.9% (up from 0.6% in FY 2021). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 7.7% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to CN¥4.57, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 22x in the Energy Services industry in China. Total returns to shareholders of 76% over the past three years. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to CN¥4.09, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 22x in the Energy Services industry in China. Total returns to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥3.56, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 23x in the Energy Services industry in China. Total returns to shareholders of 13% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Director Quan Jun Sun was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 28
Third quarter 2022 earnings released: EPS: CN¥0.043 (vs CN¥0.059 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.043 (down from CN¥0.059 in 3Q 2021). Revenue: CN¥17.2b (down 12% from 3Q 2021). Net income: CN¥242.3m (down 27% from 3Q 2021). Profit margin: 1.4% (down from 1.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Sep 02
Second quarter 2022 earnings released: EPS: CN¥0.086 (vs CN¥0.062 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.086 (up from CN¥0.062 in 2Q 2021). Revenue: CN¥22.7b (up 18% from 2Q 2021). Net income: CN¥482.1m (up 39% from 2Q 2021). Profit margin: 2.1% (up from 1.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 1.5% compared to a 16% growth forecast for the Energy Services industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year. Major Estimate Revision • Jul 09
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from CN¥0.16 to CN¥0.14. Revenue forecast unchanged from CN¥82.6b at last update. Net income forecast to grow 61% next year vs 50% growth forecast for Energy Services industry in China. Consensus price target of CN¥3.80 unchanged from last update. Share price was steady at CN¥2.85 over the past week. Major Estimate Revision • Jun 28
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from CN¥0.14 to CN¥0.16. Revenue forecast unchanged at CN¥82.6b. Net income forecast to grow 94% next year vs 50% growth forecast for Energy Services industry in China. Consensus price target of CN¥3.80 unchanged from last update. Share price rose 2.1% to CN¥2.95 over the past week. Major Estimate Revision • Jun 07
Consensus EPS estimates fall by 15% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from CN¥85.2b to CN¥82.6b. EPS estimate also fell from CN¥0.16 per share to CN¥0.14 per share. Net income forecast to grow 61% next year vs 62% growth forecast for Energy Services industry in China. Consensus price target down from CN¥3.90 to CN¥3.80. Share price was steady at CN¥3.03 over the past week. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: CN¥0.028 (up from CN¥0.024 in 1Q 2021). Revenue: CN¥17.5b (up 31% from 1Q 2021). Net income: CN¥156.2m (up 18% from 1Q 2021). Profit margin: 0.9% (down from 1.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is expected to shrink by 9.2% compared to a 19% growth forecast for the industry in China. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 11% per year. Price Target Changed • Apr 27
Price target decreased to CN¥3.90 Down from CN¥4.28, the current price target is an average from 2 analysts. New target price is 39% above last closing price of CN¥2.80. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.15 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Director Quan Jun Sun was the last director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Price Target Changed • Apr 08
Price target decreased to CN¥3.90 Down from CN¥4.28, the current price target is an average from 2 analysts. New target price is 26% above last closing price of CN¥3.10. Stock is up 3.0% over the past year. The company is forecast to post earnings per share of CN¥0.17 for next year compared to CN¥0.15 last year. Buying Opportunity • Mar 04
Now 21% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be CN¥4.33, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% per annum over the last 3 years. Earnings per share has grown by 11% per annum over the last 3 years. Buying Opportunity • Feb 14
Now 20% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be CN¥4.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% per annum over the last 3 years. Earnings per share has grown by 11% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improved over the past week After last week's 16% share price gain to CN¥3.35, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 20x in the Energy Services industry in China. Total loss to shareholders of 8.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CN¥4.25 per share. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improved over the past week After last week's 17% share price gain to CN¥3.58, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 22x in the Energy Services industry in China. Total loss to shareholders of 21% over the past three years. Valuation Update With 7 Day Price Move • Sep 09
Investor sentiment improved over the past week After last week's 20% share price gain to CN¥3.39, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Energy Services industry in China. Total loss to shareholders of 34% over the past three years. Reported Earnings • Aug 31
Second quarter 2021 earnings released: EPS CN¥0.062 (vs CN¥0.12 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: CN¥19.3b (up 3.5% from 2Q 2020). Net income: CN¥347.7m (down 50% from 2Q 2020). Profit margin: 1.8% (down from 3.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS CN¥0.024 (vs CN¥0.074 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: CN¥13.4b (up 38% from 1Q 2020). Net income: CN¥132.9m (up CN¥548.7m from 1Q 2020). Profit margin: 1.0% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 18% share price gain to CN¥3.29, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 18x in the Energy Services industry in China. Total loss to shareholders of 16% over the past three years. Is New 90 Day High Low • Jan 27
New 90-day low: CN¥2.60 The company is down 11% from its price of CN¥2.91 on 29 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CN¥0.43 per share. Reported Earnings • Nov 04
Third quarter 2020 earnings released: EPS CN¥0.063 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: CN¥16.6b (up 17% from 3Q 2019). Net income: CN¥349.7m (up 5.9% from 3Q 2019). Profit margin: 2.1% (down from 2.3% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥1.02b, up 20% from the prior year. Total revenue was CN¥74.4b over the last 12 months, up 23% from the prior year. Announcement • Oct 27
China Petroleum Engineering Corporation to Report Q3, 2020 Results on Oct 30, 2020 China Petroleum Engineering Corporation announced that they will report Q3, 2020 results on Oct 30, 2020 Announcement • Jul 17
China Petroleum Engineering Corporation to Report First Half, 2020 Results on Aug 28, 2020 China Petroleum Engineering Corporation announced that they will report first half, 2020 results on Aug 28, 2020 