Fanrong Li - PetroChina Vice Chairman of the Board
Chairman
Fanrong Li is Vice Chairman of the Board of PetroChina Co since 2020.
Age | 57 |
Tenure | 4 years |
Phone | 86 10 5998 2622 |
Web | https://www.petrochina.com.cn |
PetroChina Management Efficiency
The company has Return on Asset of 4.32 % which means that on every $100 spent on assets, it made $4.32 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of 8.9 %, implying that it generated $8.9 on every 100 dollars invested. PetroChina's management efficiency ratios could be used to measure how well PetroChina manages its routine affairs as well as how well it operates its assets and liabilities.PetroChina Co has 471.92 B in debt with debt to equity (D/E) ratio of 0.32, which is OK given its current industry classification. PetroChina has a current ratio of 0.98, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for PetroChina to invest in growth at high rates of return.
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Management Performance
PetroChina Leadership Team
Elected by the shareholders, the PetroChina's board of directors comprises two types of representatives: PetroChina inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PetroChina. The board's role is to monitor PetroChina's management team and ensure that shareholders' interests are well served. PetroChina's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PetroChina's outside directors are responsible for providing unbiased perspectives on the board's policies.
Qijun Hou, Vice Chairman, Non-Executive Director | ||
Xiaoming Jiang, Independent Non-Executive Director | ||
Fanrong Li, Vice Chairman of the Board | ||
JinYong Cai, Independent Non-Executive Director | ||
Longde Sun, Vice President | ||
Houliang Dai, Chairman of the Board | ||
Boqiang Lin, Non-Executive Independent Director | ||
Fangzheng Jiao, Non-Executive Director | ||
Luguang Li, Vice President | ||
Tatsuhito Tokuchi, Independent Non-Executive Director | ||
Zhongcai Wang, Vice President | ||
Simon Henry, Independent Non-Executive Director | ||
Lixin Ren, Executive Vice President Deputy General Manager | ||
Shouping Chai, Chief Financial Officer, Secretary of the Board | ||
Enlai Wu, Secretary of the Board | ||
Bo Lu, Non-Executive Director | ||
Yongzhang Huang, Non-Executive Director | ||
Oisie Leung, Independent Non-Executive Director | ||
Liangwei Duan, President, Executive Director | ||
Jinghui Tian, Vice President | ||
Xiao Ling, Vice President | ||
Yuezhen Liu, Non-Executive Director | ||
Aishi Liang, Independent Non-Executive Director | ||
Jigang Yang, Vice President | ||
Biyi Zhang, Independent Non-Executive Director |
PetroChina Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PetroChina a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 8.9 | |||
Return On Asset | 4.32 | |||
Profit Margin | 3.64 % | |||
Operating Margin | 6.25 % | |||
Current Valuation | 511.02 B | |||
Shares Outstanding | 1.83 B | |||
Shares Owned By Institutions | 2.73 % | |||
Number Of Shares Shorted | 347.13 K | |||
Price To Earning | 9.01 X | |||
Price To Book | 0.07 X |
Pair Trading with PetroChina
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PetroChina position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PetroChina will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Nike could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nike when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nike - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nike Inc to buy it.
The correlation of Nike is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nike moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nike Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nike can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Other Consideration for investing in PetroChina Stock
If you are still planning to invest in PetroChina check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the PetroChina's history and understand the potential risks before investing.
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