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China Petroleum Engineering CoSHSE:600339 +5.05%80 Return-on-Tangible-Equity is 3.33% as of Mar. 2026, which is 2% below its 10-year median of 3.40. GuruFocus rates SHSE:600339 with a GF Score™ of 80/100 and a GF Value™ of ¥4.00 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 943 Oil & Gas companies, China Petroleum Engineering Co ranks worse than 64.37% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. China Petroleum Engineering Co's annualized net income for the quarter that ended in Mar. 2026 was ¥842 Mil. China Petroleum Engineering Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ¥25,310 Mil. Therefore, China Petroleum Engineering Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 3.33%.
The historical rank and industry rank for China Petroleum Engineering Co's Return-on-Tangible-Equity or its related term are showing as below:
SHSE:600339'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.42 Med: 3.4 Max: 6.1
Current: 1.47
During the past 13 years, China Petroleum Engineering Co's highest Return-on-Tangible-Equity was 6.10%. The lowest was 1.42%. And the median was 3.40%.
SHSE:600339's Return-on-Tangible-Equity is ranked worse than 64.37% of 943
companies
in the Oil & Gas industry
Industry Median: 6.78
vs SHSE:600339: 1.47
China Petroleum Engineering Co (SHSE:600339) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
China Petroleum Engineering Co Return-on-Tangible-Equity Related Terms
China Petroleum Engineering Co Return-on-Tangible-Equity Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
China Petroleum Engineering Co Return-on-Tangible-Equity Chart
SHSE:600339 vs SLB, BKR, HAL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, China Petroleum Engineering Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
China Petroleum Engineering Co Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, China Petroleum Engineering Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where China Petroleum Engineering Co's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 3.33% mean?
China Petroleum Engineering Co (SHSE:600339) has a Return-on-Tangible-Equity of 3.33% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China Petroleum Engineering Co and its competitors. This is near median its historical median of 3.40. Over the past decade, China Petroleum Engineering Co's Return-on-Tangible-Equity has ranged from 1.42 to 6.10. According to the industry distribution chart, China Petroleum Engineering Co ranks #607 out of 943 companies in the Oil & Gas industry, placing it in the top 64.4%.
Is China Petroleum Engineering Co's Return-on-Tangible-Equity too high?
China Petroleum Engineering Co's current Return-on-Tangible-Equity of 3.33% is near median its 10-year median of 3.40. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 6.10. The Oil & Gas industry median Return-on-Tangible-Equity is 6.78. China Petroleum Engineering Co's value of 3.33% is 50.9% below this industry median. Based on the distribution chart, China Petroleum Engineering Co ranks #607 out of 943 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, China Petroleum Engineering Co has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does China Petroleum Engineering Co's Return-on-Tangible-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, China Petroleum Engineering Co ranks #607 out of 943 companies for Return-on-Tangible-Equity. This places China Petroleum Engineering Co in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. China Petroleum Engineering Co's value of 3.33% is 50.9% below this benchmark. Historically, China Petroleum Engineering Co's own Return-on-Tangible-Equity has ranged from 1.42 to 6.10 over the past decade. While the company's 10-year median is 3.40 vs. the industry median of 6.78, China Petroleum Engineering Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.78, based on 943 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Petroleum Engineering Co's current Return-on-Tangible-Equity of 3.33% is 50.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on China Petroleum Engineering Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Petroleum Engineering Co's current Return-on-Tangible-Equity is 3.33%, which is near median its own 10-year median of 3.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Petroleum Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, China Petroleum Engineering Co (SHSE:600339) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥4.00, compared to a current price of ¥3.33 — trading 16.8% below its estimated fair value. The current Return-on-Tangible-Equity is 3.33%, which is near median its 10-year median of 3.40 and 50.9% below the Oil & Gas industry median of 6.78. China Petroleum Engineering Co's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For China Petroleum Engineering Co (SHSE:600339), the current Return-on-Tangible-Equity is 3.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is China Petroleum Engineering Co (SHSE:600339) Overvalued in 2026?
Based on GuruFocus' analysis, China Petroleum Engineering Co stock appears to be undervalued.
The current stock price of ¥3.33 is trading 16.8% below its estimated GF Value™ of ¥4.00.
GuruFocus considers China Petroleum Engineering Co to be Modestly Undervalued.
Key valuation signals for SHSE:600339:
Return-on-Tangible-Equity: 3.33% (near median its 10-year median of 3.40)
GF Value™: ¥4.00 vs. price of ¥3.33 (16.8% below fair value)
Industry Position: 50.9% below the Oil & Gas median (#607 of 943)
No single metric tells the full story. See the SHSE:600339 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Petroleum Engineering Co Business Description
China Petroleum Engineering Co Ltd provides surface facilities to petroleum upstream industry. The company's services include planning through front end engineering design to engineering, procurement, construction and project management consultancy for surface facilities, pipelines, buildings, water treatment facilities, highways, and infrastructure. The firm operates projects in China as well as in the overseas markets such as the Middle East, Central Asia, North Africa, America, Australia, and Europe.
80GF Score
Get the complete analysis for SHSE:600339
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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