Who are CNPC Capital's main competitors?

Named competitors: CITIC Financial Holdings (private or unlisted). The cockpit's measured peer set (industry) also includes Bank of Chengdu (601838.SS), Chongqing Rural Commercial Bank (601077.SS), IBK (024110.KS), Taiwan Cooperative Financial Hl (5880.TW), Yokohama Financial (7186.T), First Horizon (FHN).

Is CNPC Capital expensive compared with its peers?

On price / book it trades at 0.76× against a peer median of 1.40×, 3rd cheapest of 21 in its peer set. The share price implies a return on equity of about 7.9%; CNPC Capital delivers 4.6%, so the price asks more than the business earns today.

How has CNPC Capital stock performed?

Over six months to 6 Nov 2026 the shares returned -31.2% against +6.1% for the median peer; over one year -37.2%.

← CockpitCompetitor Analysis › 000617.SZ CNPC Capital Co Ltd Class AOpen in the cockpit ↗

CNPC Capital Co Ltd Class A000617.SZCompetitor analysis, valuation and peers

China · CNY·Financials›Regional Banks

Captive finance company providing internal banking, settlement and financial services to China National Petroleum Corp and its units.

≈ An internal finance arm like a captive GE Capital for an oil majorMomentum neutral 40

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$12.3B

US dollars, full cap

Free float

18%

of shares outstanding

$/day

$54.8M

20-day average traded

P/B

0.76×

price to book

ROE

4.6%

delivered

Implied ROE

7.9%

what the price asks

Close · CNYCN¥6.49

1D-1.7%

1W+4.3%

1M-0.6%

3M-10.0%

6M-31.2%

YTD-32.4%

1Y-37.2%

ATR %2.4%

52w lowhigh44.9% off high

What CNPC Capital does

Captive finance company providing internal banking, settlement and financial services to China National Petroleum Corp and its units.

In one line: An internal finance arm like a captive GE Capital for an oil major.

Products and services

Intra-group financing & settlement
Financial leasing
Insurance/trust stakes

Customers

CNPC and its affiliated units

Where it sits in the supply chain

Financials
Captive/corporate finance
Internal financing, settlement…

What could go right

CNPC group capex and cash-management needs

What could go wrong

Concentration in one parent group
Oil sector cash-flow cyclicality

Moat: narrow (distribution, regulatory licence). Captive customer base within the CNPC group gives it a guaranteed lending and deposit franchise.

Headquarters: Beijing, China · Founded: 1994 · Employees: 3,990

Named competitors

CITIC Financial Holdings private or unlisted

CNPC Capital at a glance

Size CNPC Capital (000617.SZ) is a China Financials company (Regional Banks) with a market value of $12.3B, the 201st largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.49 on 6 Nov 2026.

Performance Over six months the shares fell 31.2%, against +6.1% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue fell 14.0% over the last twelve months (peer median +4.8%); the operating margin is 32.1% (peer median 41.6%).

Valuation It trades at 0.76× book value against a peer median of 1.40× (3rd cheapest of 21).

Price implies The share price implies a return on equity of about 7.9%; CNPC Capital delivers 4.6%, so the price asks more than the business earns today.

Relative performance

Six months, rebased to 100: CNPC Capital against the median of its 20 peers (local-currency closes).

CNPC Capital financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥32.9B	CN¥36.3B	CN¥42.5B	CN¥42.5B	CN¥35.2B
Revenue growth	—	-15%	0%	+21%	—
Gross profit	CN¥17.0B	CN¥19.4B	CN¥21.7B	CN¥23.1B	CN¥19.1B
EBITDA	n/a	CN¥16.7B	CN¥19.2B	CN¥20.2B	CN¥16.5B
Net income	CN¥4.90B	CN¥4.30B	CN¥4.65B	CN¥5.06B	CN¥4.92B
Free cash flow	CN¥46.8B	-CN¥13.0B	CN¥12.3B	CN¥47.0B	CN¥49.6B
Capital expenditure	CN¥683M	CN¥930M	CN¥954M	CN¥324M	CN¥150M
Total debt	CN¥936B	CN¥221B	CN¥208B	CN¥228B	CN¥229B

Quarterly statements and history in the cockpit →

CNPC Capital competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. CNPC Capital is the large dot.

Fundamentals: return on equity against price-to-book

A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. CNPC Capital is the large dot.

Capital: ROE delivered against the ROE the price implies

Above the diagonal = the price asks for a higher return on equity than the business earns today. CNPC Capital is the large dot.

CNPC Capital competitors and peer comparison

How CNPC Capital compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

CNPC Capital against its 20 peers (data as of 6 Nov 2026)
Measure	000617.SZ	Peer median	Rank in peer set
1-month return	-0.6%	+2.8%	7th lowest of 21
6-month return	-31.2%	+6.1%	lowest of 21
Return on equity	4.6%	10.6%	lowest of 21
Price / book	0.76×	1.40×	3rd cheapest of 21
Trailing P/E	16.8×	13.6×	5th most expensive of 20
ROE the price implies	7.9%	9.7%	8th least demanding of 20
ROE delivered	4.6%	11.2%	lowest of 20

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	ROE	Price / book	Implied ROE	Delivered ROE
CNPC Capital 000617.SZ	China	$12.3B	-31%	-14%	5%	0.76×	7.9%	4.6%
Bank of Chengdu 601838.SS	China	$12.8B	+5%	+2%	15%	0.92×	3.1%	15.1%
Chongqing Rural Commercial Bank 601077.SS	China	$11.7B	-1%	-1%	9%	0.57×	2.3%	9.4%
IBK 024110.KS	South Korea	$11.4B	-14%	+28%	8%	0.49×	4.2%	n/a
Taiwan Cooperative Financial Hl 5880.TW	Taiwan	$13.6B	+22%	-3%	9%	1.55×	4.8%	8.9%
Yokohama Financial 7186.T	Japan	$11.1B	+7%	+21%	8%	1.21×	8.1%	8.0%
First Horizon FHN	United States	$10.9B	-6%	-8%	8%	1.34×	9.7%	8.0%
Banque Cantonale Vaudoise BCVN.SW	Switzerland	$14.4B	+20%	-8%	12%	3.07×	n/a	11.6%
Chiba Bank 8331.T	Japan	$10.3B	+9%	+31%	8%	1.28×	6.9%	8.3%
Wintrust Financial WTFC	United States	$10.2B	0%	+6%	13%	1.49×	12.2%	12.9%
Chang Hwa Commercial Bank 2801.TW	Taiwan	$10.2B	+34%	+3%	9%	1.46×	4.7%	9.2%
Shizuoka Financial 5831.T	Japan	$10.0B	+6%	+18%	8%	1.21×	10.5%	8.2%
Pinnacle Financial Partners PNFP	United States	$15.2B	+3%	+100%	10%	1.10×	10.7%	9.6%
Banco Santander-Chile Sponsored ADR BSAC	United States	$15.2B	+7%	+18%	25%	3.00×	17.6%	24.9%
Popular BPOP	United States	$9.83B	+5%	+4%	17%	1.58×	11.1%	16.6%
Cullen/Frost Bankers CFR	United States	$9.65B	+12%	+2%	16%	2.52×	14.2%	16.2%
ING Bank Slaski ING.WA	Poland	$15.7B	+20%	+4%	24%	3.24×	33.8%	23.7%
SBI Shinsei Bank 8303.T	Japan	$9.20B	-11%	+27%	10%	1.15×	4.7%	9.9%
Central Bancompany CBC	United States	$9.04B	+38%	+10%	13%	2.35×	10.9%	12.6%
Bank Polska Kasa Opieki PEO.WA	Poland	$17.4B	+12%	-5%	18%	2.04×	25.7%	18.2%
Columbia Banking System COLB	United States	$8.62B	+1%	+22%	11%	1.19×	9.3%	11.2%

Questions

Who are CNPC Capital's main competitors?: Named competitors: CITIC Financial Holdings (private or unlisted). The cockpit's measured peer set (industry) also includes Bank of Chengdu (601838.SS), Chongqing Rural Commercial Bank (601077.SS), IBK (024110.KS), Taiwan Cooperative Financial Hl (5880.TW), Yokohama Financial (7186.T), First Horizon (FHN).
Is CNPC Capital expensive compared with its peers?: On price / book it trades at 0.76× against a peer median of 1.40×, 3rd cheapest of 21 in its peer set. The share price implies a return on equity of about 7.9%; CNPC Capital delivers 4.6%, so the price asks more than the business earns today.
How has CNPC Capital stock performed?: Over six months to 6 Nov 2026 the shares returned -31.2% against +6.1% for the median peer; over one year -37.2%.