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PetroChina Co (BUE:PTRCY) Scaled Net Operating Assets : 1.49 (As of Mar. 2024)


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What is PetroChina Co Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PetroChina Co's operating assets for the quarter that ended in Mar. 2024 was ARS290,980,068 Mil. PetroChina Co's operating liabilities for the quarter that ended in Mar. 2024 was ARS83,996,718 Mil. PetroChina Co's Total Assets for the quarter that ended in Dec. 2023 was ARS139,173,736 Mil. Therefore, PetroChina Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 1.49.


PetroChina Co Scaled Net Operating Assets Historical Data

The historical data trend for PetroChina Co's Scaled Net Operating Assets 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.

* Premium members only.

PetroChina Co Scaled Net Operating Assets Chart

PetroChina Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 0.92 0.88 1.06 1.39

PetroChina Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Scaled Net Operating Assets 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 0.77 0.75 0.92 0.67 1.49

Competitive Comparison of PetroChina Co's Scaled Net Operating Assets

For the Oil & Gas Integrated subindustry, PetroChina Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


PetroChina Co's Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PetroChina Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where PetroChina Co's Scaled Net Operating Assets falls into.



PetroChina Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

PetroChina Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(125154941.458-35828903.672)/64222089.143
=1.39

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=139173736.03 - 14018794.572
=125154941.458

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=56731482.171 - 12975210.218 - 7927368.281
=35828903.672

PetroChina Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2024 )
=(Operating Assets (Q: Mar. 2024 )-Operating Liabilities (Q: Mar. 2024 ))/Total Assets (Q: Dec. 2023 )
=(290980068.042-83996717.697)/139173736.03
=1.49

where

Operating Assets(Q: Mar. 2024 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=322210536.347 - 31230468.305
=290980068.042

Operating Liabilities(Q: Mar. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=125567538.36 - 31094994.446 - 10475826.217
=83996717.697

* 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.


PetroChina Co Scaled Net Operating Assets Related Terms

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PetroChina Co (BUE:PTRCY) Business Description

Industry
Address
No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.

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