Employees: 2,154
Size Shanxi Blue Flame (000968.SZ) is a China Energy company (Integrated Oil) with a market value of $961M, the 2376th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥6.62 on 6 Nov 2026.
Performance Over six months the shares fell 27.6%, against -7.5% for the median peer and -16.4% for the China market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue fell 1.1% over the last twelve months (peer median +23.2%); the operating margin is 14.5% (peer median 23.0%).
Valuation It trades at 4.0× enterprise value to sales against a peer median of 2.2× (5th most expensive of 20).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -15 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 2.3 points above its cost of capital (5.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | CN¥2.01B | CN¥2.10B | CN¥2.20B | CN¥2.34B | CN¥2.46B |
| Revenue growth | — | -5% | -6% | -5% | — |
| Gross profit | CN¥1.16B | CN¥636M | CN¥708M | CN¥780M | CN¥874M |
| EBITDA | n/a | CN¥954M | CN¥1.03B | CN¥1.06B | CN¥1.00B |
| Net income | CN¥324M | CN¥335M | CN¥434M | CN¥540M | CN¥563M |
| Free cash flow | CN¥623M | CN¥452M | CN¥411M | CN¥355M | CN¥16.3M |
| Capital expenditure | CN¥658M | CN¥763M | CN¥689M | CN¥773M | CN¥909M |
| Total debt | CN¥2.61B | CN¥3.51B | CN¥4.19B | CN¥4.47B | CN¥3.90B |
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.
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.
| Measure | 000968.SZ | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.5% | -7.6% | 11th highest of 21 |
| 6-month return | -27.6% | -7.5% | 5th lowest of 21 |
| Distance from 52-week high | -45.6% | -27.2% | 6th lowest of 21 |
| Revenue growth (TTM) | -1.1% | +23.2% | 5th lowest of 20 |
| Operating margin | 14.5% | 23.0% | 5th lowest of 20 |
| EV / Sales | 4.0× | 2.2× | 5th most expensive of 20 |
| Growth the price implies (Req g, 7 yrs) | -6.8% | -9.3% | 4th most demanding of 11 |
| Growth delivered (Del g) | +7.9% | +10.7% | 5th lowest of 11 |
| Hurdle (Req g minus delivered) | -14.7 pp | -18.9 pp | 5th most demanding of 11 |
| ROIC minus cost of capital | +2.3 pp | +2.4 pp | 10th lowest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Shanxi Blue Flame 000968.SZ | China | $961M | -28% | -1% | 14% | 4.0× | -6.8% | +7.9% |
| Saturn Oil & Gas SOIL.TO | Canada | $941M | +13% | +6% | 28% | 2.2× | -13.8% | +161.8% |
| Riley Exploration Permian REPX | United States | $913M | +24% | +23% | 39% | 2.4× | -7.1% | +164.3% |
| Tamboran Resources TBN | United States | $1.01B | -19% | n/a | n/a | n/a | n/a | n/a |
| China Risun 1907.HK | Hong Kong | $841M | -45% | -2% | 3% | 1.1× | n/a | n/a |
| Sino Geophysical 300191.SZ | China | $1.10B | -47% | +136% | 14% | 6.9× | n/a | n/a |
| Sino Prima Gas Technology 300483.SZ | China | $1.11B | -15% | +40% | 24% | 2.5× | -8.7% | +13.3% |
| Totalenergies EP Gabon EC.PA | France | $1.14B | -5% | -13% | 25% | 1.8× | -10.7% | -0.6% |
| Infinity Natural Resources INR | United States | $811M | -17% | +75% | 44% | 4.5× | n/a | n/a |
| Kosmos Energy KOS | United States | $1.26B | -23% | +23% | 23% | 2.2× | -6.4% | +9.9% |
| TXO Partners, L.P TXO | United States | $728M | +7% | +50% | 23% | 1.9× | -13.3% | +36.9% |
| Logan Energy LGN.V | Canada | $726M | +61% | +64% | 28% | 5.5× | n/a | n/a |
| Birchcliff Energy BIR.TO | Canada | $1.29B | +3% | +10% | 20% | 3.3× | 1.9% | +5.8% |
| Geo-Jade Petroleum 600759.SS | China | $1.33B | -54% | +42% | 30% | 4.1× | -0.7% | +2.8% |
| Greenfire Resources GFR.TO | Canada | $1.36B | +3% | -2% | 17% | 3.1× | n/a | n/a |
| United Energy 0467.HK | Hong Kong | $1.44B | -10% | +28% | 14% | 0.5× | n/a | n/a |
| Kelt Exploration KEL.TO | Canada | $1.45B | +4% | +30% | 17% | 3.8× | n/a | n/a |
| Mach Natural Resources LP MNR | United States | $1.50B | -35% | +39% | 22% | 1.9× | -10.0% | +2.9% |
| Senton Energy 001331.SZ | China | $1.75B | -24% | -24% | -1% | 2.2× | n/a | n/a |
| Okea OKEA.OL | Norway | $513M | +19% | +2% | 36% | 0.4× | n/a | n/a |
| Hankook Shell Oil 002960.KS | South Korea | $500M | +3% | +4% | 16% | 1.9× | -10.0% | +11.5% |