A-share Listed Oil, Natural Gas and Coal Exploitation Companies - Profiles and Financial Data
In 2016, there were 293 companies above designated size (with annual sales revenue of over CNY 20 million) in the oil and natural gas exploitation industry. Added value in the industry decreased by 3.6% YOY. Operational revenue was CNY 785.49 billion, down by 17.3% YOY. Net loss was CNY 54.36 billion, compared to the profit of CNY 85.78 billion the year before. Total assets were CNY 2.26 trillion, down by 3.8%. Completed fixed asset investment was CNY 233.1 billion, down by 31.9%.
In 2016, the industry suffered losses for the first time and witnessed sharp decline in revenues as well. The direct cause of the deterioration of operation in the industry was the plummet of crude oil price. In 2016, international oil prices were still at historical lows. Annual average price of Daqing crude oil (spot) was the lowest since 2004, at 36.97 USD/barrel and down by 21% YOY. Annual average price of Shengli crude oil price was 34.98 USD/barrel, down by 25.4%. Due to the poor profit of oil and gas exploitation, the entire oil and chemical industry found it hard to recover.
In 2016, total production volume of oil and gas in China was 331 million tons (equivalent), decreasing by 3.0%. The production volume of crude oil was 200 million tons, down by 6.9%; natural gas was 136.83 billion m3, up by 2.2%; liquefied natural gas was 6.953 million tons, up by 29.9%. China imported 381 million tons of crude oil and 75.24 billion m3 of natural gas, up by 13.6% and 22.0% YOY respectively.
The production volume of crude coal was 3.364 billion tons, down by 9.4% YOY. In early 2016, the Chinese government reinforced regulation on the production volume of coal. From April, the production volume of coal kept decreasing, enabling demand to gradually catch up with supply. Since September, 2016, the government has been lifting regulations on quantitative production of coal, bringing about pick-up in production volume. In 2016, China imported 256 million tons of coal and exported 8.78 million tons, increasing by 25.2% and 64.5% YOY, respectively. Net import of coal was 247 million tons, increasing by 48 million tons or 24.2% YOY. Affected by supply-demand and rising prices, coal import have remained high since June, 2016 at an average monthly import volume of over 20 million tons.
From 2015 to 2016, coal consumption kept declining, mainly because of decreased consumption in thermal power and steel industries. Operation of coal companies was harder and harder during the four-year downturn after 2012. Although coal prices picked up in the second half of 2016, most coal mines are still suffering losses.
CRI selects 34 oil, natural gas and coal exploitation companies listed in China. The report provides readers with a quick guide to oil, natural gas and coal exploitation companies' profiles and financial data of Chinese being listed in the recent 10 years.
The report is composed of two parts: the first part is enterprise profiles and the second part is the operation status of these enterprises in the recent decade (presently 2006 to 2016, we will update it to the latest as time goes by).
The operation status is demonstrated from the following perspectives: (1)financial indexes, such as earnings per share, book value per share (BPS), sales per share, net cash flow per share, return on net worth and debt to asset ratio; (2) indexes on the income statement, such as revenue, operating profit, net profit and EBIT; (3) indexes on the income statement, such as revenue, operating profit, net profit and EBIT; (4) indexes on the balance sheet, such as liquid asset, fixed asset, current liability, non-current liability, capital reserve and shareholders' equity.
(1) Financial Indexes
In 2016, the industry suffered losses for the first time and witnessed sharp decline in revenues as well. The direct cause of the deterioration of operation in the industry was the plummet of crude oil price. In 2016, international oil prices were still at historical lows. Annual average price of Daqing crude oil (spot) was the lowest since 2004, at 36.97 USD/barrel and down by 21% YOY. Annual average price of Shengli crude oil price was 34.98 USD/barrel, down by 25.4%. Due to the poor profit of oil and gas exploitation, the entire oil and chemical industry found it hard to recover.
In 2016, total production volume of oil and gas in China was 331 million tons (equivalent), decreasing by 3.0%. The production volume of crude oil was 200 million tons, down by 6.9%; natural gas was 136.83 billion m3, up by 2.2%; liquefied natural gas was 6.953 million tons, up by 29.9%. China imported 381 million tons of crude oil and 75.24 billion m3 of natural gas, up by 13.6% and 22.0% YOY respectively.
The production volume of crude coal was 3.364 billion tons, down by 9.4% YOY. In early 2016, the Chinese government reinforced regulation on the production volume of coal. From April, the production volume of coal kept decreasing, enabling demand to gradually catch up with supply. Since September, 2016, the government has been lifting regulations on quantitative production of coal, bringing about pick-up in production volume. In 2016, China imported 256 million tons of coal and exported 8.78 million tons, increasing by 25.2% and 64.5% YOY, respectively. Net import of coal was 247 million tons, increasing by 48 million tons or 24.2% YOY. Affected by supply-demand and rising prices, coal import have remained high since June, 2016 at an average monthly import volume of over 20 million tons.
From 2015 to 2016, coal consumption kept declining, mainly because of decreased consumption in thermal power and steel industries. Operation of coal companies was harder and harder during the four-year downturn after 2012. Although coal prices picked up in the second half of 2016, most coal mines are still suffering losses.
CRI selects 34 oil, natural gas and coal exploitation companies listed in China. The report provides readers with a quick guide to oil, natural gas and coal exploitation companies' profiles and financial data of Chinese being listed in the recent 10 years.
The report is composed of two parts: the first part is enterprise profiles and the second part is the operation status of these enterprises in the recent decade (presently 2006 to 2016, we will update it to the latest as time goes by).
The operation status is demonstrated from the following perspectives: (1)financial indexes, such as earnings per share, book value per share (BPS), sales per share, net cash flow per share, return on net worth and debt to asset ratio; (2) indexes on the income statement, such as revenue, operating profit, net profit and EBIT; (3) indexes on the income statement, such as revenue, operating profit, net profit and EBIT; (4) indexes on the balance sheet, such as liquid asset, fixed asset, current liability, non-current liability, capital reserve and shareholders' equity.
(1) Financial Indexes
- Earnings per Share
- Book Value per Share (BPS)
- Sales per Share (SPS)
- Net Cash Flow per Share from Operations
- Net Cash Flow per Share (CNY)
- Return on Net Worth
- Net Profit Margin on Total Assets
- Return on Invested Capital (ROIC) (%)
- Gross Profit Margin on Sales (%)
- Net Profit Margin on Sales (%)
- EBIT Margin (%)
- EBITDA Margin (%)
- Debt to Asset Ratio (%)
- Total Asset Turnover (times)
- Cash/Operating Income Received from Sales of Goods or Services
- YOY Growth Rate of Operating Revenue (%)
- YOY Growth Rate of Operating Profit (%)
- YOY Growth Rate of Net Profit Attributable to Shareholders of Parent Company (%)
- Gross Revenue (CNY, million)
- Total Operating Costs (CNY, million)
- Revenue (CNY, million)
- Operating Profit (CNY, million)
- Total Profit (CNY, million)
- Net Profit (CNY, million)
- Net Profit Attributable to Shareholders of Parent Company (CNY, million)
- Non-recurring Items (CNY, million)
- Net Profit Deducting Non-recurring Items (CNY, million)
- R&D Costs (CNY, million)
- Earnings Before Interest and Tax (EBIT) (Based on iFind) (CNY, million)
- Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) (Based on iFind) (CNY, million)
- Liquid Asset (CNY, million)
- Fixed Asset (CNY, million)
- Long-term Equity Investment
- Total Assets (CNY, million)
- Liquid Liability (CNY, million)
- Non-current Liability (CNY, million)
- Total Liability (CNY, million)
- Capital Reserve (CNY, million)
- Surplus Reserve (CNY, million)
- Undistributed Profit (CNY, million)
- Shareholders' Equity (CNY, million)
- Equity Attributable to Shareholders of Parent Company (CNY, million)
- Cash Received from Sales of Goods and Services (CNY, million)
- Cash Flow from Operations (CNY, million)
- Cash Paid to Purchase Fixed Assets, Intangible Assets and Other Long-term Assets (CNY, million)
- Cash Paid for Investments (CNY, million)
- Cash Flow from Investments (CNY, million)
- Cash Received from Investors (CNY, million)
- Cash Received from Borrowings (CNY, million)
- Cash Flow from Financing (CNY, million)
- Net Increase of Cash and Cash Equivalents (CNY, million)
- Cash and Cash Equivalents, End of Period (CNY, million)
- Depreciation and Amortization (CNY, million)
COMPANIES IN THE REPORT:
1 PetroChina Company Limited (601857.SH)
2 Geo-Jade Petroleum Corporation (600759.SH)
3 MeiDu Energy Corporation (600175.SH)
4 Shandong Xinchao Energy Corporation Limited (600777.SH)
5 China Shenhua Energy Company Limited (601088.SH)
6 China Coal Energy Co., Ltd. (601898.SH)
7 Yanzhou Coal Mining Company Limited (600188.SH)
8 Shaanxi Coal Industry Company Limited (601225.SH)
9 Wintime Energy Co., Ltd. (600157.SH)
10 Shanxi Xishan Coal And Electricity Power Co., Ltd. (000983.SZ)
11 Shanxi Lu'An Environmental Energy Development Co., Ltd. (601699.SH)
12 Jizhong Energy Resources Co., Ltd.(000937.SZ)
13 Yang Quan Coal Industry (Group) Co., Ltd. (600348.SH)
14 Huolinhe Open pit Coal (HK) Investment Co., Ltd. (002128.SZ)
15 Liaoning Hongyang Energy Resource Invest Co., Ltd. (600758.SH)
16 Guizhou Panjiang Refined Coal Co., Ltd. (600395.SH)
17 Pingdingshan Tianan Coal Mining Co., Ltd. (601666.SH)
18 Henan Shenhuo Coal&Power Co., Ltd. (000933.SZ)
19 Henan Dayou Energy Co., Ltd. (600403.SH)
20 SDIC Xinji Energy Co., Ltd. (601918.SH)
21 Kailuan Energy Chemical Co., Ltd. (600997.SH)
22 DaTong Coal Industry Co., Ltd. (601001.SH)
23 Gansu Jingyuan Coal Industry And Electricity Power Co., Ltd. (000552.SZ)
24 Shanxi Lanhua Sci-Tech Venture Co., Ltd. (600123.SH)
25 Shanxi Coal International Energy Group Co., Ltd. (600546.SH)
26 Shanghai Datun Energy Resources Co., Ltd. (600508.SH)
27 Beijing Haohua Energy Resource Co., Ltd. (601101.SH)
28 Anhui Hengyuan Coal Industry And Electricity Power Co., Ltd. (600971.SH)
29 Sundiro Holding Co., Ltd. (000571.SZ)
30 Inner Mongolia Pingzhuang Energy Resources Co., Ltd. (000780.SZ)
31 Zhengzhou Coal Industry & Electric Power Co., Ltd. (600121.SH)
32 Anyuan Coal Industry Group Co., Ltd. (600397.SH)
33 Qinghai Jinrui Mineral Development Co., Ltd. (600714.SH)
34 Inner Mongolia Yitai Coal Co., Ltd. (900948.SH)
1 PetroChina Company Limited (601857.SH)
2 Geo-Jade Petroleum Corporation (600759.SH)
3 MeiDu Energy Corporation (600175.SH)
4 Shandong Xinchao Energy Corporation Limited (600777.SH)
5 China Shenhua Energy Company Limited (601088.SH)
6 China Coal Energy Co., Ltd. (601898.SH)
7 Yanzhou Coal Mining Company Limited (600188.SH)
8 Shaanxi Coal Industry Company Limited (601225.SH)
9 Wintime Energy Co., Ltd. (600157.SH)
10 Shanxi Xishan Coal And Electricity Power Co., Ltd. (000983.SZ)
11 Shanxi Lu'An Environmental Energy Development Co., Ltd. (601699.SH)
12 Jizhong Energy Resources Co., Ltd.(000937.SZ)
13 Yang Quan Coal Industry (Group) Co., Ltd. (600348.SH)
14 Huolinhe Open pit Coal (HK) Investment Co., Ltd. (002128.SZ)
15 Liaoning Hongyang Energy Resource Invest Co., Ltd. (600758.SH)
16 Guizhou Panjiang Refined Coal Co., Ltd. (600395.SH)
17 Pingdingshan Tianan Coal Mining Co., Ltd. (601666.SH)
18 Henan Shenhuo Coal&Power Co., Ltd. (000933.SZ)
19 Henan Dayou Energy Co., Ltd. (600403.SH)
20 SDIC Xinji Energy Co., Ltd. (601918.SH)
21 Kailuan Energy Chemical Co., Ltd. (600997.SH)
22 DaTong Coal Industry Co., Ltd. (601001.SH)
23 Gansu Jingyuan Coal Industry And Electricity Power Co., Ltd. (000552.SZ)
24 Shanxi Lanhua Sci-Tech Venture Co., Ltd. (600123.SH)
25 Shanxi Coal International Energy Group Co., Ltd. (600546.SH)
26 Shanghai Datun Energy Resources Co., Ltd. (600508.SH)
27 Beijing Haohua Energy Resource Co., Ltd. (601101.SH)
28 Anhui Hengyuan Coal Industry And Electricity Power Co., Ltd. (600971.SH)
29 Sundiro Holding Co., Ltd. (000571.SZ)
30 Inner Mongolia Pingzhuang Energy Resources Co., Ltd. (000780.SZ)
31 Zhengzhou Coal Industry & Electric Power Co., Ltd. (600121.SH)
32 Anyuan Coal Industry Group Co., Ltd. (600397.SH)
33 Qinghai Jinrui Mineral Development Co., Ltd. (600714.SH)
34 Inner Mongolia Yitai Coal Co., Ltd. (900948.SH)
