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PetroChina Company Limited Class H (HK:0857)
:0857
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PetroChina Company (0857) AI Stock Analysis

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HK:0857

PetroChina Company

(0857)

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Outperform 72 (OpenAI - 4o)
Rating:72Outperform
Price Target:
HK$8.00
▼(-0.25% Downside)
PetroChina's strong financial performance and attractive valuation are key strengths, supported by solid profitability and a high dividend yield. However, technical indicators suggest the stock may be overbought, and the decline in revenue and free cash flow pose risks to future growth.
Positive Factors
Strong Balance Sheet
A strong balance sheet with low leverage provides financial stability and flexibility, enabling PetroChina to invest in growth opportunities and withstand economic fluctuations.
Profitability
High profitability margins indicate efficient operations and the ability to generate substantial returns, supporting long-term business sustainability and shareholder value.
Operational Efficiency
Efficient operations, as reflected in a solid EBIT margin, suggest effective cost management and operational excellence, which are critical for maintaining competitiveness in the oil and gas industry.
Negative Factors
Revenue Decline
Declining revenue growth poses a risk to future profitability and market position, potentially impacting PetroChina's ability to invest in new projects and maintain its competitive edge.
Free Cash Flow Challenges
Significant drops in free cash flow due to high capital expenditures can limit PetroChina's ability to fund new investments, pay down debt, or return capital to shareholders.
High Capital Expenditures
While necessary for growth, high capital expenditures can strain cash flow and financial resources, potentially impacting PetroChina's liquidity and ability to respond to market changes.

PetroChina Company (0857) vs. iShares MSCI Hong Kong ETF (EWH)

PetroChina Company Business Overview & Revenue Model

Company DescriptionPetroChina Company Limited (0857) is one of the largest integrated oil and gas companies in the world, primarily engaged in the exploration, production, and distribution of oil and natural gas. The company operates across several sectors, including upstream (exploration and production), midstream (transportation and storage), and downstream (refining and marketing of oil products). PetroChina is also involved in petrochemical production and provides a range of oil-related services and products, positioning itself as a key player in the energy sector both in China and globally.
How the Company Makes MoneyPetroChina generates revenue through multiple streams primarily driven by its upstream, midstream, and downstream operations. In the upstream sector, the company earns money from crude oil and natural gas extraction, selling these commodities in both domestic and international markets. The midstream segment contributes to revenue through the transportation and storage of oil and gas, often via pipelines, with fees charged for these services. The downstream sector, which includes refining crude oil into various petroleum products and marketing these products, represents a significant portion of the company's earnings. Additionally, PetroChina engages in petrochemical production, which provides further revenue. The company benefits from strategic partnerships, joint ventures, and collaborations with other energy firms, enhancing its operational capabilities and market reach. Market prices for oil and gas, along with government policies and regulations in China, significantly impact its earnings.

PetroChina Company Financial Statement Overview

Summary
PetroChina has strong profitability and a solid balance sheet with a high equity ratio and low debt. However, the decline in revenue and significant drop in free cash flow are concerning factors that could affect future growth.
Income Statement
75
Positive
PetroChina's income statement reflects strong profitability with a gross profit margin of 22.79% and a net profit margin of 5.76% for TTM. The EBIT margin stands at 8.87%, indicating efficient operations. However, there is a noticeable decline in revenue over the past year, with a negative revenue growth rate of -10.48% from 2022 to 2023, which could be a concern for future growth.
Balance Sheet
80
Positive
The balance sheet shows a strong equity position with an equity ratio of 55.06% and a manageable debt-to-equity ratio of 0.17, reflecting limited leverage risk. The return on equity is solid at 10.60%, showcasing effective use of equity capital. PetroChina maintains a stable financial structure, although the decrease in total assets from 2022 to 2023 should be monitored.
Cash Flow
68
Positive
Cash flow analysis indicates a decline in free cash flow growth rate by -92.06% in TTM, primarily due to high capital expenditures. The operating cash flow to net income ratio is 0.64, suggesting moderate cash flow generation relative to net income. The free cash flow to net income ratio is 0.05, showing limited cash flow available after capital spending. This highlights potential cash flow challenges despite overall profitability.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue2.83T2.94T3.01T3.24T2.61T1.93T
Gross Profit640.18B662.76B710.43B788.05B613.06B452.16B
EBITDA252.72B491.82B484.59B446.98B379.25B277.60B
Net Income160.06B164.68B161.14B148.74B92.16B33.48B
Balance Sheet
Total Assets2.85T2.75T2.75T2.67T2.50T2.49T
Cash, Cash Equivalents and Short-Term Investments293.52B219.06B277.28B233.30B167.51B145.95B
Total Debt256.79B254.00B295.62B464.51B470.30B498.14B
Total Liabilities1.10T1.04T1.12T1.14T1.09T1.12T
Stockholders Equity1.56T1.52T1.45T1.37T1.26T1.22T
Cash Flow
Free Cash Flow-5.20B103.88B174.08B148.53B75.91B61.85B
Operating Cash Flow227.06B406.53B456.60B393.77B341.47B318.57B
Investing Cash Flow-288.22B-307.35B-255.79B-232.97B-213.03B-181.99B
Financing Cash Flow-100.78B-178.88B-146.57B-113.71B-107.97B-99.40B

PetroChina Company Technical Analysis

Technical Analysis Sentiment
Positive
Last Price8.02
Price Trends
50DMA
7.39
Positive
100DMA
7.18
Positive
200DMA
6.42
Positive
Market Momentum
MACD
0.21
Negative
RSI
72.19
Negative
STOCH
81.77
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:0857, the sentiment is Positive. The current price of 8.02 is above the 20-day moving average (MA) of 7.55, above the 50-day MA of 7.39, and above the 200-day MA of 6.42, indicating a bullish trend. The MACD of 0.21 indicates Negative momentum. The RSI at 72.19 is Negative, neither overbought nor oversold. The STOCH value of 81.77 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:0857.

PetroChina Company Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
$898.68B13.112.65%-13.87%-15.41%
€931.75B6.4217.50%7.03%-9.81%-8.84%
$1.64T7.936.41%-6.92%-2.57%
HK$182.22B9.2210.99%4.24%-3.42%-18.73%
$663.92B12.846.03%-10.02%-27.89%
$15.17B7.614.09%5.20%3.87%-62.32%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
HK:0857
PetroChina Company
8.02
2.52
45.92%
HK:1898
China Coal Energy Co
10.95
1.70
18.35%
HK:1088
China Shenhua Energy Co
40.46
9.84
32.14%
HK:0386
China Petroleum & Chemical
4.13
<0.01
0.07%
HK:0883
CNOOC Limited
19.77
2.92
17.30%

PetroChina Company Corporate Events

PetroChina Schedules Board Meeting to Review Q3 2025 Financial Results
Oct 15, 2025

PetroChina Company Limited has announced a board meeting scheduled for October 30, 2025, to review and approve the financial results for the third quarter ending September 30, 2025. This meeting is significant as it will provide insights into the company’s recent performance and could impact its market positioning and stakeholder interests.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Proposes New Director Appointment to Strengthen Leadership
Sep 30, 2025

PetroChina Company Limited has announced the proposed election and appointment of Mr. Zhou Xinhuai as a new director, pending approval by shareholders at the general meeting. Mr. Zhou brings extensive experience in the petroleum industry, having held significant positions at CNOOC and CNPC. His appointment is expected to strengthen PetroChina’s leadership and potentially enhance its strategic operations and market positioning.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Appoints Ren Lixin as New President
Sep 30, 2025

PetroChina Company Limited has announced the appointment of Mr. Ren Lixin as its new president, following a recommendation from its controlling shareholder, China National Petroleum Corporation, and a nomination by the chairman of the board. Mr. Ren, who has a robust background in engineering and management within the company and its subsidiaries, is expected to bring his extensive experience to the role, potentially impacting the company’s strategic direction and operational efficiency.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Announces Changes in Board Committee Memberships
Sep 30, 2025

PetroChina Company Limited has announced changes in the composition of its Board committees. Mr. Ren Lixin has been appointed as the chairman of the Sustainable Development Committee, with Mr. Zhang Daowei and Mr. Zhang Yuxin as members. The Investment and Development Committee is currently without a chairman, but includes Mr. Ren Lixin, Mr. Xie Jun, and Mr. Yan, Andrew Y as members. These changes are part of the company’s work arrangement and aim to enhance its governance structure.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Announces Board Composition and Committee Roles
Sep 30, 2025

PetroChina Company Limited has announced the composition of its board of directors and their respective roles within the company. The board, chaired by Dai Houliang, includes a mix of non-executive, executive, and independent non-executive directors. Additionally, the company has established five committees to oversee various aspects of its operations, indicating a structured approach to governance and strategic oversight.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Announces Executive Resignation
Sep 19, 2025

PetroChina Company Limited announced the resignation of Mr. Huang Yongzhang from his roles as executive director, president, and other committee positions due to work adjustments. His departure does not affect the board’s operations or statutory quorum, and the company will proceed with electing a new director promptly. Mr. Huang was recognized for his strategic vision and contributions to the company’s growth and development.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Announces Board Composition and Roles
Sep 19, 2025

PetroChina Company Limited has announced the composition of its board of directors and their roles within the company. The board includes a mix of executive, non-executive, and independent non-executive directors, with five committees established to oversee various aspects of the company’s operations. This announcement highlights the company’s commitment to structured governance and strategic oversight, potentially impacting its operational efficiency and stakeholder confidence.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Announces Resignation of Employee Representative Supervisor
Aug 29, 2025

PetroChina Company Limited announced the resignation of Mr. Fang Qing from his role as an employee representative supervisor due to a change in his work arrangement. His departure will not affect the statutory quorum of the Supervisory Committee, and he leaves with no unresolved issues or disagreements. The company expressed gratitude for his contributions to its operations and development.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Reports Mixed Results Amid Market Challenges
Aug 27, 2025

PetroChina Company Limited, a leading player in the oil and gas sector, operates as a joint stock limited company in China, focusing on the exploration, development, and production of crude oil and natural gas, as well as refining, marketing, and new energy ventures.

PetroChina Declares Interim Dividend for 2025
Aug 26, 2025

PetroChina Company Limited has announced an interim cash dividend of RMB 0.22 per share for the six months ending June 30, 2025, payable in Hong Kong dollars at an exchange rate of RMB 1 to HKD 1.0957. The dividend reflects the company’s ongoing commitment to returning value to its shareholders, with the payment date set for October 23, 2025. The announcement also outlines the withholding tax rates applicable to non-resident shareholders, ensuring compliance with international tax agreements and regulations.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Announces RMB40 Billion Acquisition to Strengthen Market Position
Aug 26, 2025

PetroChina Company Limited has announced a proposed acquisition of entire equity interests in certain target companies for a total consideration of RMB40.016 billion. This acquisition, involving connected transactions with subsidiaries of its controlling shareholder CNPC, is subject to reporting and announcement requirements under Hong Kong’s Listing Rules. The acquisition aims to enhance PetroChina’s asset portfolio and strengthen its market position, although the final terms are pending formal execution of the agreements.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Declares Interim Dividend Amid Strong Financial Performance
Aug 26, 2025

PetroChina Company Limited announced its interim results for the six months ending June 30, 2025. The company declared an interim dividend of RMB0.22 per share, amounting to approximately RMB40,265 million, reflecting its strong financial position and commitment to providing returns to shareholders. The financial statements were prepared in accordance with China Accounting Standards and IFRS, although they remain unaudited. The announcement underscores PetroChina’s stable operations and its strategic focus on maintaining shareholder value.

The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.50 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

PetroChina Schedules Board Meeting to Review Interim Results and Dividend
Aug 14, 2025

PetroChina Company Limited has announced a board meeting scheduled for August 26, 2025, to review and approve the interim results for the first half of 2025. The meeting will also consider the recommendation for the distribution of an interim dividend, which could impact the company’s financial outlook and shareholder returns.

The most recent analyst rating on (HK:0857) stock is a Hold with a HK$6.40 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Oct 24, 2025