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← CockpitCompetitor Analysis › 002221.SZ Oriental Energy Co., Ltd. Class AOpen in the cockpit ↗

Oriental Energy Co., Ltd. Class A002221.SZCompetitor analysis, valuation and peers

China · CNY·Energy›Oil & Gas Production

Chinese producer of propylene via propane dehydrogenation (PDH), supplying petrochemical feedstock.

≈ A China-based PDH/propylene producerMomentum weak 23
Mkt cap
$1.17B
US dollars, full cap
Free float
44%
of shares outstanding
$/day
$11.4M
20-day average traded
P/B
0.82×
price to book
ROE
-7.3%
delivered
Implied ROE
5.8%
what the price asks
Next earnings
167 days
22 Apr 2027
Close · CNYCN¥5.17
1D-2.5%
1W+2.4%
1M-9.9%
3M-11.0%
6M-35.8%
YTD-36.2%
1Y-38.2%
ATR %3.4%
52w lowhigh49.0% off high

What Oriental Energy does

Chinese producer of propylene via propane dehydrogenation (PDH), supplying petrochemical feedstock.

Buys propane, much of it imported, converts it into propylene and sells the product, so earnings depend on the gap between propylene and propane prices, not on volume alone. A storage line adds fee income.

In one line: A China-based PDH/propylene producer.

Products and services

  • Propylene (PDH)
  • Propane trading/storage

Customers

  • Polypropylene/downstream chemical makers

Where it sits in the supply chain

  • Petrochemicals
  • Propane dehydrogenation (PDH)
  • Propylene and downstream derivatives

What could go right

  • Domestic propylene/polypropylene demand

What could go wrong

  • Propane feedstock cost volatility
  • PDH capacity oversupply in China

Moat: none (scale). Commodity petrochemical feedstock producer exposed to propane-propylene spreads.

Headquarters: Zhejiang, China · Employees: 1,453

Oriental Energy at a glance

Size Oriental Energy (002221.SZ) is a China Energy company (Oil & Gas Production) with a market value of $1.17B, the 2023rd largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥5.17 on 6 Nov 2026.

Performance Over six months the shares fell 35.8%, against -18.5% for the median peer and -16.4% for the China market (cap-weighted) — 2nd lowest of 20 in its peer set.

Growth Revenue fell 21.9% over the last twelve months (peer median +13.6%); the operating margin is 3.0% (peer median 22.4%).

Valuation It trades at 0.82× book value against a peer median of 1.52× (7th cheapest of 21).

Price implies The share price implies a return on equity of about 5.8%; Oriental Energy delivers -7.3%, so the price asks more than the business earns today.

Next results Next results expected around 22 Apr 2027 (exchange calendar; dates can move).

Relative performance

608010011 May 202611 Aug 20266 Nov 2026Peer median 82002221.SZ 64
Six months, rebased to 100: Oriental Energy against the median of its 20 peers (local-currency closes).

Oriental Energy financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥23.8BCN¥27.5BCN¥30.8BCN¥27.0BCN¥29.1B
Revenue growth—-11%+14%-7%—
Gross profitCN¥1.92BCN¥920MCN¥1.17BCN¥1.36BCN¥1.09B
EBITDAn/aCN¥1.46BCN¥1.87BCN¥1.96BCN¥1.71B
Net income-CN¥766M-CN¥921MCN¥444MCN¥151MCN¥42.4M
Free cash flow-CN¥2.63BCN¥120M-CN¥1.14BCN¥511M-CN¥5.39B
Capital expenditureCN¥722MCN¥949MCN¥1.66BCN¥2.15BCN¥4.50B
Total debtCN¥27.6BCN¥26.6BCN¥27.1BCN¥26.7BCN¥26.5B

Quarterly statements and history in the cockpit →

Oriental Energy 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

-40%-20%0%+20%-20%0%+20%+40%SERTNZAAVVLE603619PXTCJBPTRKHMERBNORHPKDECNEXTMAUVETSDEENOG002221.SZ6-month return →1-month return →
Up and to the right = strong over both horizons. Oriental Energy is the large dot.

Fundamentals: return on equity against price-to-book

-50%0%50%00×50×100×SERTNZAAVPXTBPTMERBNORHPKDECNEXTMAUVETSDEENOG002221.SZReturn on equity →Price / 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. Oriental Energy is the large dot.

Capital: ROE delivered against the ROE the price implies

-50%0%50%100%0%100%SERTNZAAVVLEMERNEXTMAUVETENOG002221.SZROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Oriental Energy is the large dot.

Oriental Energy competitors and peer comparison

How Oriental Energy 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.

Oriental Energy against its 20 peers (data as of 6 Nov 2026)
Measure002221.SZPeer medianRank in peer set
1-month return-9.9%-9.9%11th highest of 21
6-month return-35.8%-18.5%2nd lowest of 20
Return on equity-7.3%8.1%5th lowest of 20
Price / book0.82×1.52×7th cheapest of 21
ROE the price implies5.8%7.6%5th least demanding of 20
ROE delivered-7.3%7.7%5th lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Oriental Energy 002221.SZChina$1.17B-36%-22%-7%0.82×5.8%-7.3%
Serica Energy SER.LUnited Kingdom$1.20B-17%+64%0%1.90×14.2%-0.4%
Tenaz Energy TNZ.TOCanada$1.13B-21%+381%31%3.92×27.2%31.5%
Advantage Energy AAV.TOCanada$1.26B+6%+14%8%0.97×6.4%8.1%
Valeura Energy VLE.TOCanada$1.07B+11%+6%11%1.76×6.8%10.8%
Vedanta Oil and Gas VOGL.NSIndia$1.27Bn/an/an/a0.65×12.4%n/a
Zhongman Petroleum and Natural Gas 603619.SSChina$1.30B-42%-13%7%2.08×14.7%7.2%
Parex Resources PXT.TOCanada$1.36B-30%+14%27%0.57×5.2%26.8%
Cardinal Energy CJ.TOCanada$1.40B-8%+18%7%2.02×14.9%6.7%
Beach Energy BPT.AXAustralia$1.42B-16%-9%9%0.63×5.2%8.7%
Rockhopper Exploration RKH.LUnited Kingdom$937M-18%n/a3%2.11×21.2%3.5%
Meren Energy MER.TOCanada$921M-19%+388%-12%1.29×6.4%-12.0%
BlueNord BNOR.OLNorway$1.49B-6%+28%25%2.94×n/a25.2%
HighPeak Energy HPKUnited States$903M+23%-13%-6%0.58×5.0%-6.1%
Diversified Energy DECUnited States$899M-19%+109%48%0.72×5.5%n/a
NextDecade NEXTUnited States$1.56B-23%n/a-70%13.63×124.8%-70.4%
Etablissements Maurel & Prom MAU.PAFrance$1.57B-29%-11%35%1.02×6.7%34.8%
Vermilion Energy VET.TOCanada$1.61B-9%-2%-19%1.05×7.6%-18.5%
Spartan Delta SDE.TOCanada$1.63B-11%+93%10%3.10×16.0%10.3%
Energean ENOG.LUnited Kingdom$1.72B-19%+9%-49%7.45×55.3%-48.5%
Karoon Energy KAR.AXAustralia$763M-23%-20%8%0.76×6.1%8.1%

Questions

Which companies are Oriental Energy's closest peers?
The cockpit's peer set: Serica Energy (SER.L), Tenaz Energy (TNZ.TO), Advantage Energy (AAV.TO), Valeura Energy (VLE.TO), Vedanta Oil and Gas (VOGL.NS), Zhongman Petroleum and Natural Gas (603619.SS), Parex Resources (PXT.TO), Cardinal Energy (CJ.TO).
Is Oriental Energy expensive compared with its peers?
On price / book it trades at 0.82× against a peer median of 1.52×, 7th cheapest of 21 in its peer set. The share price implies a return on equity of about 5.8%; Oriental Energy delivers -7.3%, so the price asks more than the business earns today.
How has Oriental Energy stock performed?
Over six months to 6 Nov 2026 the shares returned -35.8% against -18.5% for the median peer; over one year -38.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.