China Petroleum Engineering Co (SHSE:600339) ROCE %: 4.03% (As of Mar. 2026)

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SHSE:600339 China Petroleum Engineering Co Ltd SHSE:600339
80 GF Score
Price ¥3.30
GF Value ¥4.00
Valuation Modestly Undervalued
! 3 Warning Signs
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What is China Petroleum Engineering Co ROCE %?

China Petroleum Engineering Co SHSE:600339 +3.77% 80 ROCE % is 4.03% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. China Petroleum Engineering Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 4.03%.

China Petroleum Engineering Co  (SHSE:600339) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

China Petroleum Engineering Co ROCE % Related Terms

China Petroleum Engineering Co ROCE % Historical Data

* Premium members only.

The historical data trend for China Petroleum Engineering Co's ROCE % can be seen below:

* 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 ROCE % Chart

China Petroleum Engineering Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.73 5.00 5.39 4.58 3.78

China Petroleum Engineering Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.35 5.46 2.57 2.65 4.03
SHSE:600339
80GF Score
China Petroleum Engineering Co Ltd SHSE:600339
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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China Petroleum Engineering Co ROCE % Calculation

China Petroleum Engineering Co's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=1434.845/( ( (108441.959 - 70494.35) + (122681.573 - 84623.764) )/ 2 )
=1434.845/( (37947.609+38057.809)/ 2 )
=1434.845/38002.709
=3.78 %

China Petroleum Engineering Co's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1542.34/( ( (122681.573 - 84623.764) + (123182.952 - 84649.853) )/ 2 )
=1542.34/( ( 38057.809 + 38533.099 )/ 2 )
=1542.34/38295.454
=4.03 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 4.03% mean?
China Petroleum Engineering Co (SHSE:600339) has a ROCE % of 4.03% as of Mar. 2026.
Is China Petroleum Engineering Co's ROCE % too high?
China Petroleum Engineering Co's current ROCE % is 4.03%. The Oil & Gas industry median ROCE % is 6.88. China Petroleum Engineering Co's value of 4.03% is 41.4% below this industry median. 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 ROCE % compare to SLB and BKR?
China Petroleum Engineering Co's ROCE % of 4.03% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.88. China Petroleum Engineering Co's value of 4.03% is 41.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.88, based on 976 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. China Petroleum Engineering Co's current ROCE % of 4.03% is 41.4% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Petroleum Engineering Co's current ROCE % is 4.03%. 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 ¥3.30 — trading 17.5% below its estimated fair value. The current ROCE % is 4.03% and 41.4% below the Oil & Gas industry median of 6.88. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For China Petroleum Engineering Co (SHSE:600339), the current ROCE % is 4.03% 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 ¥3.30 is trading 17.5% below its estimated GF Value™ of ¥4.00. GuruFocus considers China Petroleum Engineering Co to be Modestly Undervalued.

Key valuation signals for SHSE:600339:

  • ROCE %: 4.03%
  • GF Value™: ¥4.00 vs. price of ¥3.30 (17.5% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 41.4% below the Oil & Gas median

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

Industry EnergyOil & Gas
Address Courtyard 5, Anding Road, Hengyi Building, Building 2, Chaoyang District, Beijing, CHN, 100029
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

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥3.30
Price
¥4.00
GF Value