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PetroChina Company Limited 601857.SS

CN · Shanghai Stock Exchange · XSHG · stock · Energy · website

PetroChina Company Limited statistics & valuation

Market capCN¥1.95T
P / E12.4×
P / S0.7×
P / B1.2×
P / FCF16.3×
Net margin5.5%
FCF margin4.2%
Net debtCN¥114.9B
Enterprise value USD$270.6B
Earnings yield EBIT/EV11.7%
Return on capital10.5%
Graham number +30.4%CN¥13.77

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (CN¥13.77); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
4.60% 5.40% 5.60% 5.50% 2022202320242025
Gross margin (%)
22.00% 23.60% 22.60% 21.60% 2022202320242025
Operating margin (%)
9.70% 9.60% 9.00% 8.40% 2022202320242025
Return on equity (%)
10.90% 11.10% 10.90% 9.90% 2022202320242025
Shares outstanding
161.92B 161.92B 161.92B 161.92B 2022202320242025
Net debt (CN¥)
CN¥224.56B CN¥143.57B CN¥139.51B CN¥114.87B 2022202320242025
Share buybacks (CN¥)
2022202320242025
Return on assets (%)
5.60% 5.80% 6.00% 5.60% 2022202320242025
Free cash flow margin (%)
4.60% 5.80% 3.50% 4.20% 2022202320242025
Debt / equity (×)
0.33× 0.28× 0.23× 0.22× 2022202320242025
EPS (CN¥)
CN¥0.81 CN¥0.88 CN¥0.90 CN¥0.86 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

PetroChina Company Limited trades at about 12.3× earnings — above its 10-year norm (10-year range 6.4×–12.8×, median 9.5×).

6.4× 12.8×

Shaded band = 10-year range (6.4×–12.8×); dot = today's 12.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin21.6%22.6%23.6%22.0%
Operating margin8.4%9.0%9.6%9.7%
Net margin5.5%5.6%5.4%4.6%
FCF margin4.2%3.5%5.8%4.6%
Return on assets5.6%6.0%5.8%5.6%
Return on equity9.9%10.9%11.1%10.9%
Debt / equity0.10×0.06×0.10×0.16×
Current ratio1.100.930.960.98

Computed from company filings · CN · as of 2025-12-31. Figures in CNY. Facts plus Stocktoria's own computed scores — not investment advice.