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PCCYF · OTC · United States · Crude Petroleum & Natural Gas
In shortPETROCHINA CO LTD is profitable, generates cash and carries moderate debt, with revenue growing (+23.9% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 6.7% | 39/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 4.6% | 38/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 11.3% | 57/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 9.8% | 66/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.98× | 15/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.24× | 98/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 0.61× | 97/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 10.05× | 81/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.83 | 44/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 4.6% | 39/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.01× | 88/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 22.2% | 29/100 |
| Operating margin volatility | 1.1% | 99/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 8.8% | 65/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2022 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
3 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
CNY millions; negative values in parentheses.
| Fiscal year | FY18 | FY19 | FY20 | FY21 | FY22 |
|---|---|---|---|---|---|
| Revenue | 2,374,934 | 2,516,810 | 1,933,836 | 2,614,349 | 3,239,167 |
| Research & development | 14,093 | 15,666 | 15,746 | 16,729 | 20,016 |
| Selling, general & admin | 74,477 | 68,596 | 64,345 | 57,802 | 59,529 |
| Operating income | 122,942 | 121,762 | 75,937 | 161,153 | 216,660 |
| Interest expense | 22,718 | 30,409 | 26,528 | 19,739 | 21,554 |
| Pre-tax income | 116,770 | 103,214 | 56,073 | 158,203 | 213,277 |
| Income tax | 42,790 | 36,199 | 22,588 | 43,507 | 49,295 |
| Net income | 53,036 | 45,682 | 19,006 | 92,170 | 149,380 |
| Diluted EPS | ¥0.29 | ¥0.25 | ¥0.10 | – | – |
| Diluted shares (millions) | 183,021 | 183,021 | 183,021 | 183,021 | 183,021 |
3 older years available with the 10-year history. Essential plan, from €8.25/month →
2.83 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2022 · Data updated Apr 28, 2023