PetroChina Financial Statements From 2010 to 2024
| PCCYF Stock | USD 0.71 0.01 1.43% |
Check PetroChina financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PetroChina's main balance sheet or income statement drivers, such as , as well as many indicators such as . PetroChina financial statements analysis is a perfect complement when working with PetroChina Valuation or Volatility modules.
PetroChina |
PetroChina Co Ltd Company Return On Equity Analysis
PetroChina's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current PetroChina Return On Equity | 0.11 |
Most of PetroChina's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PetroChina Co Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, PetroChina Co Ltd has a Return On Equity of 0.107. This is 105.4% lower than that of the Energy sector and 97.3% lower than that of the Oil & Gas Integrated industry. The return on equity for all United States stocks is 134.52% lower than that of the firm.
PetroChina Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining PetroChina's current stock value. Our valuation model uses many indicators to compare PetroChina value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across PetroChina competition to find correlations between indicators driving PetroChina's intrinsic value. More Info.PetroChina Co Ltd is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers reporting about 0.47 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for PetroChina Co Ltd is roughly 2.12 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the PetroChina's earnings, one of the primary drivers of an investment's value.About PetroChina Financial Statements
PetroChina stakeholders use historical fundamental indicators, such as PetroChina's revenue or net income, to determine how well the company is positioned to perform in the future. Although PetroChina investors may analyze each financial statement separately, they are all interrelated. For example, changes in PetroChina's assets and liabilities are reflected in the revenues and expenses on PetroChina's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in PetroChina Co Ltd. Please read more on our technical analysis and fundamental analysis pages.
PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. PetroChina Company Limited is a subsidiary of China National Petroleum Corporation. Petrochina operates under Oil Gas Integrated classification in the United States and is traded on OTC Exchange. It employs 417173 people.
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Other Information on Investing in PetroChina Pink Sheet
PetroChina financial ratios help investors to determine whether PetroChina Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PetroChina with respect to the benefits of owning PetroChina security.