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Tong Petrotech Corp. (China)

Main Activities: Support Activities for Mining | Agriculture, Construction, and Mining Machinery Manufacturing
Full name: Tong Petrotech Corp. Profile Updated: December 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Tong Oil Tools Company Limited (stock code: 300164) is primarily engaged in the provision of integrated oilfield services in China. The Company offers stimulation technology services, such as perforation and deflagration fracturing tracing technology services; and wellbore services, including logging, drilling, and work over services. It also provides oilfield integrated treatment services comprising field mud consolidation technology, retarded polyacid technology, water shutoff and profile control, and chemical technology services for channeling shutoff and plugging; and explosive logistic services. The Company was incorporated in 1995 and is headquartered in Xi'an, China.

Headquarters
No. 1307, 13th Floor, Block A, Life One Center, No. 51 Tangyan Road, High-tech Zone, Xi'an City, Shaanxi Province
Xi'an; Shaanxi; Postal Code: 710065

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Website: http://www.tongoiltools.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 15, 1995
Key Executives
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Director
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Director
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Independent Director
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Independent Director
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Representative of Securities Affairs
Ownership Details
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10.36%
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1.49%
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0.66%
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0.64%
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0.63%
Subsidiaries
Beijing Dade Guangyuan Petroleum Technology Service Co., Ltd.
100%
Daqing Yongchen Petroleum Technology Co., Ltd.
100%
Wellchase Energy Inc.
100%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
9.68%
Total operating revenue
9.78%
Operating profit (EBIT)
-43.68%
Net Profit (Loss) for the Period
-46.72%
Total assets
4.9%
Total equity
-0.19%
Operating Profit Margin (ROS)
-7.21%
Net Profit Margin
-6.12%
Return on Equity (ROE)
-3.16%
Debt to Equity Ratio
5.43%
Quick Ratio
-0.32%
Cash Ratio
-0.03%

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