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Yantai Jereh Oilfield Services Group XSEC:002353 Stock Report

Last Price

CN¥35.85

Market Cap

CN¥36.6b

7D

2.4%

1Y

24.9%

Updated

02 Jan, 2025

Data

Company Financials +

Yantai Jereh Oilfield Services Group Co., Ltd.

XSEC:002353 Stock Report

Market Cap: CN¥36.6b

002353 Stock Overview

Yantai Jereh Oilfield Services Group Co., Ltd. More details

002353 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance4/6
Financial Health5/6
Dividends4/6

Rewards

Trading at 70.8% below our estimate of its fair value

Earnings are forecast to grow 17.89% per year

Earnings grew by 7.6% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Yantai Jereh Oilfield Services Group Co., Ltd. Competitors

COFCO Capital Holdings

SZSE:002423

CN¥29.9b

CNOOC Energy Technology & Services

SHSE:600968

CN¥43.4b

Offshore Oil EngineeringLtd

SHSE:600583

CN¥23.7b

China Petroleum Engineering

SHSE:600339

CN¥19.3b

Price History & Performance

Summary of share price highs, lows and changes for Yantai Jereh Oilfield Services Group
Historical stock prices
Current Share PriceCN¥35.85
52 Week HighCN¥39.71
52 Week LowCN¥23.99
Beta1.27
1 Month Change2.81%
3 Month Change8.97%
1 Year Change24.91%
3 Year Change-14.81%
5 Year Change-8.48%
Change since IPO76.25%

Recent News & Updates

Recent updates

Shareholder Returns

002353CN Energy ServicesCN Market
7D2.4%0.5%-1.7%
1Y24.9%13.6%7.0%

Return vs Industry: 002353 exceeded the CN Energy Services industry which returned 13.6% over the past year.

Return vs Market: 002353 exceeded the CN Market which returned 7% over the past year.

Price Volatility

Is 002353's price volatile compared to industry and market?
002353 volatility
002353 Average Weekly Movement6.0%
Energy Services Industry Average Movement7.8%
Market Average Movement8.2%
10% most volatile stocks in CN Market12.2%
10% least volatile stocks in CN Market5.1%

Stable Share Price: 002353 has not had significant price volatility in the past 3 months compared to the CN market.

Volatility Over Time: 002353's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19996,109Zhi Yong Liwww.jereh.com

Yantai Jereh Oilfield Services Group Co., Ltd. engages in the equipment manufacturing, oil and gas engineering and technical services, environmental management, and new energy business in China and internationally. The company offers oilfield equipment, including fracturing equipment, power supply solutions, intelligent cementing equipment, intelligent coiled tubing equipment, and plunger pumps; natural gas compressors and gas turbine gensets; environmental equipment, such as new energy environ, sludge waste treatment, soil remediation, and sludge dewatering; and skid-mounted unit, deck equipment, and subsea equipment.

Yantai Jereh Oilfield Services Group Co., Ltd. Fundamentals Summary

How do Yantai Jereh Oilfield Services Group's earnings and revenue compare to its market cap?
002353 fundamental statistics
Market capCN¥36.60b
Earnings (TTM)CN¥2.49b
Revenue (TTM)CN¥13.20b

14.7x

P/E Ratio

2.8x

P/S Ratio

Is 002353 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
002353 income statement (TTM)
RevenueCN¥13.20b
Cost of RevenueCN¥8.76b
Gross ProfitCN¥4.45b
Other ExpensesCN¥1.96b
EarningsCN¥2.49b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Apr 10, 2025

Earnings per share (EPS)2.44
Gross Margin33.69%
Net Profit Margin18.85%
Debt/Equity Ratio24.9%

How did 002353 perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

25%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 23:19
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Yantai Jereh Oilfield Services Group Co., Ltd. is covered by 34 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Shaohui YangBOCI Research Ltd.
Hongwei HuangChasing Securities
Jian DingChina International Capital Corporation Limited