Which companies are Tong Petrotech's closest peers?

The cockpit's peer set: Granite Ridge Resources (GRNT), Surge Energy (SGY.TO), EnQuest (ENQ.L), BW Offshore (BWO.OL), Obsidian Energy (OBE.TO), Karoon Energy (KAR.AX), Vitesse Energy (VTS), GeoPark (GPRK).

Is Tong Petrotech expensive compared with its peers?

On ev / sales it trades at 4.5× against a peer median of 2.2×, most expensive of 19 in its peer set.

How has Tong Petrotech stock performed?

Over six months to 6 Nov 2026 the shares returned -40.7% against -16.8% for the median peer; over one year +25.8%.

← CockpitCompetitor Analysis › 300164.SZ Tong Petrotech Corp. Class AOpen in the cockpit ↗

Tong Petrotech Corp. Class A300164.SZCompetitor analysis, valuation and peers

China · CNY·Energy›Oil & Gas Production

Momentum laggard 5

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$705M

US dollars, full cap

Free float

90%

of shares outstanding

$/day

$81.8M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-7.3 pp

WACC 8.4%

Hurdle

n/a

no reverse DCF

Close · CNYCN¥7.99

1D-2.8%

1W-0.8%

1M-14.2%

3M-27.4%

6M-40.7%

YTD+44.8%

1Y+25.8%

ATR %6.1%

52w lowhigh69.2% off high

What Tong Petrotech does

Employees: 694

Tong Petrotech at a glance

Size Tong Petrotech (300164.SZ) is a China Energy company (Oil & Gas Production) with a market value of $705M, the 3044th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥7.99 on 6 Nov 2026.

Performance Over six months the shares fell 40.7%, against -16.8% for the median peer and -16.4% for the China market (cap-weighted) — lowest of 21 in its peer set.

Growth Revenue fell 11.6% over the last twelve months (peer median +5.7%); the operating margin is -4.9% (peer median 17.2%).

Valuation It trades at 4.5× enterprise value to sales against a peer median of 2.2× (most expensive of 19).

Capital Return on invested capital runs 7.3 points below its cost of capital (8.4% WACC).

Relative performance

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

Tong Petrotech financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	CN¥1.05B	CN¥1.15B	CN¥1.19B	CN¥1.03B	CN¥766M
Revenue growth	—	-4%	+16%	+34%	—
Gross profit	CN¥235M	CN¥249M	CN¥300M	CN¥304M	CN¥214M
EBITDA	n/a	CN¥118M	CN¥144M	CN¥150M	CN¥97.5M
Net income	-CN¥53.1M	CN¥36.6M	CN¥55.6M	CN¥50.3M	CN¥22.3M
Free cash flow	CN¥17.0M	CN¥16.4M	-CN¥16.0M	CN¥22.0M	-CN¥1.30M
Capital expenditure	CN¥92.8M	CN¥121M	CN¥139M	CN¥106M	CN¥80.7M
Total debt	CN¥381M	CN¥338M	CN¥317M	CN¥304M	CN¥371M

Quarterly statements and history in the cockpit →

Tong Petrotech 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. Tong Petrotech is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Tong Petrotech is the large dot.

Tong Petrotech competitors and peer comparison

How Tong Petrotech 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.

Tong Petrotech against its 20 peers (data as of 6 Nov 2026)
Measure	300164.SZ	Peer median	Rank in peer set
1-month return	-14.2%	-10.1%	5th lowest of 21
6-month return	-40.7%	-16.8%	lowest of 21
Distance from 52-week high	-69.2%	-29.4%	lowest of 21
Revenue growth (TTM)	-11.6%	+5.7%	7th lowest of 20
Operating margin	-4.9%	17.2%	lowest of 20
EV / Sales	4.5×	2.2×	most expensive of 19
ROIC minus cost of capital	-7.3 pp	+1.3 pp	2nd lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Tong Petrotech 300164.SZ	China	$705M	-41%	-12%	-5%	4.5×	n/a	n/a
Granite Ridge Resources GRNT	United States	$698M	+6%	+15%	21%	2.2×	n/a	n/a
Surge Energy SGY.TO	Canada	$730M	+7%	+3%	27%	2.3×	-6.3%	+20.2%
EnQuest ENQ.L	United Kingdom	$671M	+40%	+3%	17%	1.3×	-9.1%	+3.8%
BW Offshore BWO.OL	Norway	$747M	-25%	-17%	23%	4.2×	5.5%	-8.7%
Obsidian Energy OBE.TO	Canada	$653M	-21%	-22%	22%	2.4×	n/a	n/a
Karoon Energy KAR.AX	Australia	$763M	-23%	-20%	28%	1.8×	-10.4%	+22.5%
Vitesse Energy VTS	United States	$623M	-17%	+11%	12%	2.7×	13.4%	+21.5%
GeoPark GPRK	United States	$613M	+1%	-5%	24%	2.1×	n/a	n/a
VAALCO Energy EGY	United States	$566M	-4%	-25%	9%	2.3×	n/a	n/a
Gulf Keystone Petroleum GKP.L	United Kingdom	$557M	+1%	+6%	8%	n/a	n/a	n/a
Diversified Energy DEC	United States	$899M	-19%	+109%	15%	2.3×	-0.5%	+32.3%
HighPeak Energy HPK	United States	$903M	+23%	-13%	16%	2.3×	n/a	n/a
Meren Energy MER.TO	Canada	$921M	-19%	+388%	22%	1.6×	-16.4%	n/a
Rockhopper Exploration RKH.L	United Kingdom	$937M	-18%	n/a	n/a	n/a	n/a	n/a
W&T Offshore WTI	United States	$479M	-17%	+20%	5%	1.1×	3.9%	+7.7%
SandRidge Energy SD	United States	$463M	-13%	+30%	42%	1.8×	-12.8%	+7.0%
Valeura Energy VLE.TO	Canada	$1.07B	+11%	+6%	17%	1.2×	-17.3%	+141.2%
Tenaz Energy TNZ.TO	Canada	$1.13B	-21%	+381%	16%	3.8×	17.7%	+103.4%
Oriental Energy 002221.SZ	China	$1.17B	-36%	-22%	3%	1.4×	n/a	n/a
Serica Energy SER.L	United Kingdom	$1.20B	-17%	+64%	23%	1.2×	-13.0%	+29.4%

Questions

Which companies are Tong Petrotech's closest peers?: The cockpit's peer set: Granite Ridge Resources (GRNT), Surge Energy (SGY.TO), EnQuest (ENQ.L), BW Offshore (BWO.OL), Obsidian Energy (OBE.TO), Karoon Energy (KAR.AX), Vitesse Energy (VTS), GeoPark (GPRK).
Is Tong Petrotech expensive compared with its peers?: On ev / sales it trades at 4.5× against a peer median of 2.2×, most expensive of 19 in its peer set.
How has Tong Petrotech stock performed?: Over six months to 6 Nov 2026 the shares returned -40.7% against -16.8% for the median peer; over one year +25.8%.