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← CockpitCompetitor Analysis › 600339.SS China Petroleum Engineering Corp Class AOpen in the cockpit ↗

China Petroleum Engineering Corp Class A600339.SSCompetitor analysis, valuation and peers

China · CNY·Materials›Chemicals: Specialty

Chinese oil-and-gas engineering, procurement and construction (EPC) contractor under state oil major CNPC, building refineries, pipelines and petrochemical plants (TradingView's chemicals label is imp

≈ A Chinese Fluor/KBR for oil & gas EPC projectsMomentum neutral 42
Mkt cap
$2.60B
US dollars, full cap
Free float
23%
of shares outstanding
$/day
$25.3M
20-day average traded
Fwd P/E
26.7×
forward earnings
ROIC−WACC
n/a
WACC 5.0%
Hurdle
n/a
no reverse DCF
Next earnings
168 days
23 Apr 2027
Close · CNYCN¥3.11
1D-2.2%
1W-2.2%
1M-7.7%
3M-9.6%
6M-23.6%
YTD-7.2%
1Y-17.7%
ATR %3.2%
52w lowhigh43.9% off high

What China Petroleum Engineering does

Chinese oil-and-gas engineering, procurement and construction (EPC) contractor under state oil major CNPC, building refineries, pipelines and petrochemical plants (TradingView's chemicals label is imp

In one line: A Chinese Fluor/KBR for oil & gas EPC projects.

Products and services

  • Refinery/petrochemical plant EPC
  • Oil & gas pipeline construction
  • Oilfield engineering services

Customers

  • CNPC and other national oil companies
  • International oil & gas project owners

Where it sits in the supply chain

  • Energy
  • Oilfield/petrochemical services
  • EPC construction

What could go right

  • Global oil & gas capex cycle
  • China refinery/petrochemical buildout

What could go wrong

  • Oil & gas capex cyclicality
  • Lumpy project-based revenue

Moat: narrow (scale, customer qualification). Backed by parent CNPC's project pipeline and large-scale EPC execution track record.

Headquarters: Beijing, China · Employees: 39,110

Named competitors

China Petroleum Engineering at a glance

Size China Petroleum Engineering (600339.SS) is a China Materials company (Chemicals: Specialty) with a market value of $2.60B, the 994th largest of 4,839 China companies the cockpit tracks. Shares closed at CN¥3.11 on 6 Nov 2026.

Performance Over six months the shares fell 23.6%, against -12.2% for the median peer and -16.4% for the China market (cap-weighted) — 6th lowest of 21 in its peer set.

Growth Revenue grew 8.1% over the last twelve months (peer median +8.2%); the operating margin is 1.3% (peer median 9.1%).

Valuation It trades at 26.7× forward earnings against a peer median of 16.9× (3rd most expensive of 18).

Next results Next results expected around 23 Apr 2027 (exchange calendar; dates can move).

Relative performance

809010011011 May 202611 Aug 20266 Nov 2026Peer median 85600339.SS 79
Six months, rebased to 100: China Petroleum Engineering against the median of its 20 peers (local-currency closes).

China Petroleum Engineering financials

Reported figures in CNY; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueCN¥99.6BCN¥99.4BCN¥85.6BCN¥80.1BCN¥83.5B
Revenue growth—+16%+7%-4%—
Gross profitCN¥8.10BCN¥6.89BCN¥6.54BCN¥6.26BCN¥6.20B
EBITDAn/aCN¥2.34BCN¥2.10BCN¥2.08BCN¥1.94B
Net incomeCN¥118MCN¥356MCN¥635MCN¥746MCN¥724M
Free cash flowCN¥11.2BCN¥5.68B-CN¥9.64BCN¥2.74B-CN¥433M
Capital expenditureCN¥546MCN¥400MCN¥418MCN¥322MCN¥336M
Total debtCN¥12.5BCN¥12.8BCN¥13.0BCN¥10.3BCN¥7.87B

Quarterly statements and history in the cockpit →

China Petroleum Engineering 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%-10%0%7988KWR002895603067KEMIRASDF6883634202PIIND3008216006230025680027683000733012864118600500688778002145DEEPAKNTR600339.SS6-month return →1-month return →
Up and to the right = strong over both horizons. China Petroleum Engineering is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%20×40×60×7988KWR002895603067688363PIIND002568300073301286688778DEEPAKNTR600339.SSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. China Petroleum Engineering is the large dot.

China Petroleum Engineering competitors and peer comparison

Head to head with its named competitors (600339.SS vs FLR vs KBR vs 2386.HK)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
China Petroleum Engineering 600339.SS$2.60B-24%+8%1%26.7×n/a
Fluor FLR$6.22B+7%-5%-2%14.2×n/a
KBR KBR$4.69B+14%-3%9%9.5×-8.7%
SINOPEC Engineering (Group) 2386.HK$3.05B-13%+14%2%9.0×n/a
China National Chemical Engineering 601117.SS$6.68B-15%+2%5%6.4×-17.3%
Offshore Oil Engineering 600583.SS$4.22B-6%+7%8%12.1×n/a
Technip Energies TE.PA$6.83B-8%+2%4%18.9×-6.5%
SamsungE&A 028050.KS$8.73B+14%+19%11%13.6×-2.1%
Worley WOR.AX$3.39B-16%-5%4%12.6×5.2%

How China Petroleum Engineering 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.

China Petroleum Engineering against its 20 peers (data as of 6 Nov 2026)
Measure600339.SSPeer medianRank in peer set
1-month return-7.7%-5.7%10th lowest of 21
6-month return-23.6%-12.2%6th lowest of 21
Distance from 52-week high-43.9%-33.7%7th lowest of 21
Revenue growth (TTM)+8.1%+8.2%11th highest of 21
Operating margin1.3%9.1%2nd lowest of 20
Forward P/E26.7×16.9×3rd most expensive of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
China Petroleum Engineering 600339.SSChina$2.60B-24%+8%1%26.7×n/an/a
Nifco 7988.TJapan$2.62B+6%+4%14%11.7×-3.5%+6.6%
Quaker Houghton KWRUnited States$2.58B+2%+9%9%16.9×16.3%+5.9%
Guizhou Chanhen Chemical 002895.SZChina$2.64B-20%+15%18%12.9×2.4%+36.1%
Hubei Zhenhua Chemical 603067.SSChina$2.56B-35%+31%11%23.6×n/an/a
Kemira KEMIRA.HEFinland$2.55B-8%-3%8%16.0×3.9%+2.6%
K+s SDF.DEGermany$2.68B-13%+6%34%11.7×n/an/a
Bloomage Biotechnology 688363.SSChina$2.49B-16%-22%5%55.6×20.8%+9.8%
Daicel 4202.TJapan$2.48B+24%+2%7%11.1×6.1%+8.1%
PI Industries PIIND.NSIndia$2.79B-44%-15%13%22.7×n/an/a
Shandong Dongyue Silicone Material 300821.SZChina$2.43B-11%+13%13%n/a20.7%+8.6%
Shanghai Huayi 600623.SSChina$2.41B-24%+5%n/a14.8×-11.1%+10.3%
Shanghai Bairun Investment 002568.SZChina$2.82B-8%+8%28%24.2×14.5%+8.8%
Qingdao Gon Technology 002768.SZChina$2.83B+48%+15%7%17.7×n/an/a
Beijing Easpring Material Technology 300073.SZChina$2.86B-45%+116%5%18.8×n/an/a
Sichuan Qiaoyuan Gas 301286.SZChina$2.88B-4%+8%26%73.4×31.8%+8.0%
Kaneka 4118.TJapan$2.30B+23%+4%5%11.6×4.9%+7.0%
Sinochem International 600500.SSChina$2.27B-7%-5%-1%n/a11.9%-2.7%
XTC New Energy Materials (Xiamen) 688778.SSChina$3.01B-52%+78%4%19.2×16.0%+20.0%
Tinergy Chemical 002145.SZChina$2.23B-15%+17%9%n/an/an/a
Deepak Nitrite DEEPAKNTR.NSIndia$2.22B-17%+25%14%16.5×n/an/a

Questions

Who are China Petroleum Engineering's main competitors?
Named competitors: Fluor Corporation (FLR), KBR Inc (KBR), Sinopec Engineering (Group) (2386.HK), China National Chemical Engineering (601117.SS), Offshore Oil Engineering (600583.SS), Technip Energies (TE.PA). The cockpit's measured peer set (industry) also includes Nifco (7988.T), Quaker Houghton (KWR), Guizhou Chanhen Chemical (002895.SZ), Hubei Zhenhua Chemical (603067.SS), Kemira (KEMIRA.HE), K+s (SDF.DE).
Is China Petroleum Engineering expensive compared with its peers?
On forward p/e it trades at 26.7× against a peer median of 16.9×, 3rd most expensive of 18 in its peer set.
How has China Petroleum Engineering stock performed?
Over six months to 6 Nov 2026 the shares returned -23.6% against -12.2% for the median peer; over one year -17.7%.

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.