Yantai Jereh Oilfield Services Group Co., Ltd. Class A

Yantai Jereh Oilfield Services Group Co., Ltd. Class A

SSZSE:002353
91.73
CNY
+2.34
(+2.62%)
2.85EPS
54.48P/E
156.14BMarket Cap
Apr 02Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.13
4.68
2.93
3.05
3.29
4.78
7.23
8.69
9.19
11.18
13.72
13.17
15.98
17.39
Basic EPS, GAAP
1.1
1.26
0.15
0.13
0.07
0.64
1.42
1.77
1.66
2.2
2.42
2.59
2.64
2.8
Free Cash Flow per Basic Share
0.09
-0.16
-0.42
0.22
0.33
-0.16
-0.29
-0.25
0.47
-0.51
-0.65
1.49
4.44
- -
Dividend per Share
0.16
0.2
0.22
0.06
0.05
0.14
0.15
0.23
0.22
0.23
0.43
0.75
0.98
1.53
Book Value per Share
4.47
8.22
8.14
8.2
8.3
8.78
10.2
11.57
13.02
16.81
18.87
20.66
22.49
22.74
Tangible Book Value per Share
4.3
7.97
7.82
7.82
7.91
8.31
9.73
10.97
12.28
15.94
18.08
19.91
21.76
22.02
Basic Weighted Avg Shares
896
953
965
928
968
961
958
955
955
1,020
1,014
1,014
1,015
1,016
Sales/Revenue/Turnover
3,700
4,461
2,827
2,834
3,187
4,597
6,925
8,295
8,776
11,409
13,912
13,355
16,223
17,663
Operating Margin (%)
30.67
30.66
8.25
2.29
7.79
15.51
23.91
26
22.21
22.3
22.15
22.54
20.57
21.34
Depreciation Expense
99
153
177
255
280
295
321
335
419
572
634
765
967
- -
Net Income, GAAP
985
1,200
145
121
68
615
1,361
1,690
1,586
2,245
2,454
2,627
2,680
2,844
Effective Tax Rate (%)
14.28
15.8
23.46
23.65
- -
15.58
13.93
13.73
14.49
12.45
14.89
14.95
18.07
17.47
Profit Margin (%)
26.63
26.91
5.12
4.26
2.13
13.38
19.65
20.38
18.07
19.68
17.64
19.67
16.52
16.1
Working Capital
2,337
5,715
5,483
5,842
5,413
5,848
6,798
7,975
8,851
11,758
12,920
15,495
17,815
18,201
LT Debt
20
- -
234
226
- -
2
133
574
242
561
1,035
2,617
2,630
2,541
Total Equity
4,037
8,143
8,025
8,065
8,171
8,660
10,040
11,374
12,816
18,122
20,148
22,002
23,917
24,177
Return on Invested Capital (%)
21.97
17.12
1.26
0.9
- -
7.39
14.17
14.4
11.65
13.25
11.53
11.07
10.44
10.44
Return on Capital (%)
22.88
17.36
1.97
1.59
- -
6.78
13.25
14.17
11.82
13.14
11.36
10.72
9.91
10.31
Return on Common Equity (%)
27.57
20.19
1.85
1.54
0.86
7.52
14.97
16.22
13.47
15.1
13.42
12.98
12.13
12.64

Capital Structure

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,997
2,154
2,008
LT Borrowings
2,556
2,738
2,453
LT Finance Leases
75
77
88
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,024
1,024
1,024
Market Capitalization
72,520
99,109
156,138

Working Capital

CNY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
29,512
29,659
30,450
Cash, Cash Equivalents & STI
11,660
10,354
9,306
Accounts Receivable, Net
5,898
6,043
6,780
Inventories
6,168
6,662
7,163
Total Current Liabilities
11,697
11,093
12,249
Payables & Accruals
- -
- -
- -
ST Debt
1,997
2,154
2,008
Deferred Revenue
- -
- -
- -

Growth Rates

CNY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.02%
16.63%
8.7%
Free Cash Flow
-78.8%
-122.09%
197.34%
Net Income, GAAP
94.63%
10.75%
2.03%
Sales/Revenue/Turnover
20.26%
15.04%
21.48%
Total Cash Common Dividend
33.96%
40.09%
30.93%

Quarterly Revenue

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,131
2,826
3,090
5,308
13,355
2025
2,687
4,214
- -
5,803
16,223
2026
3,291
4,356
- -
- -
- -

Quarterly Earnings Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.37
0.7
0.5
1.02
2.59
2025
0.46
0.77
- -
0.86
2.64
2026
0.58
0.59
- -
- -
- -

Quarterly Dividends Per Share

CNY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.43
0.13
0.17
0.75
2025
0.03
0.74
- -
0.04
0.98
2026
0.03
0.72
- -
- -
- -

Company Description

CEO
Wei Jie Sun
Full Time Employees
7,720
Sector
Industrial services
Industry
Oilfield services/Equipment
Address
No.5, Jierui Road Yantai SD China 264003
IPO Date
Feb 8, 2010
Website
jereh.com
Business
Yantai Jereh Oilfield Services Group Co., Ltd. (002353.SZ) manufactures high-end oilfield equipment and provides oil and gas engineering and technical services, environmental management solutions, and new energy products internationally. Founded in 1999 and headquartered in Yantai, Shandong Province, China, the company offers a comprehensive portfolio of products and services, including fracturing equipment, plunger pumps, intelligent cementing and coiled tubing equipment, natural gas compressors, gas turbine gensets, power supply solutions, skid-mounted units, deck equipment, subsea equipment, sludge waste treatment systems, soil remediation technologies, and sludge dewatering solutions; it also delivers integrated oil and gas field services such as smart oilfield solutions, geological and reservoir research, integrated drilling and completion, stimulation technical services encompassing fracturing, acidizing, coiled tubing, downhole tools, well testing, water injection, sand control, and nitrogen services, secondary and tertiary oil recovery including heavy oil thermal recovery and chemical treatments, as well as oil and gas production, operation, and maintenance management. The company operates across key business segments in oilfield services, equipment manufacturing, technology services, environmental management, and new energy, targeting upstream oil and gas customers, national oil companies, and international energy firms in regions including China, the Middle East, Russia, Central Asia, and North America through subsidiaries such as Jereh Energy Services Corporation, Jereh Oil & Gas Engineering Corporation, and American Jereh International Corporation. In recent developments, Yantai Jereh signed a development and production contract in October 2024 with Petro Iraq and Midland Oil Company of Iraq to jointly develop the Mansuriya gas field, marking its first major project as a developer in the Middle East; it secured a $920 million EPC contract in June 2024 with ADNOC Onshore for AI-driven well services; and in October 2024, its unit Jereh Oil & Gas Engineering won a $288 million EPCC contract from Bapco Upstream in Bahrain, reflecting expansions in international engineering, procurement, construction, and commissioning projects.