Petroleum Extraction Equipment Industry

An Expert's View about Machinery and Robotics in China

Last updated: 19 Jul 2011

Industry Research: Analysis on China Petroleum Extraction Equipment Mfg. Industry

Shandong province has most leading petroleum extraction equipment mfg. enterprises, and among all top 100 large petroleum extraction equipment mfg. enterprises across China, 21 are located in Shandong. According to China Petroleum Extraction Equipment Mfg. Industry Profile - the industry research report issued by Zeefer Consulting, Shandong, Jiangsu and Shanghai are the major production bases for petroleum extraction equipment mfg. industry in China. Hebei, Tianjin, Henan, Sichuan, Liaoning, Shaanxi and Hubei are the secondary distribution areas for this industry.

In terms of market size, in 2009, petroleum extraction equipment mfg. enterprises above designated size achieved a sales revenue of more than USD 10 billion. Total assets of enterprises inside petroleum extraction equipment mfg. industry exceeded USD 10 billion, a rise of more than 6% on a year-on-year basis. On an annual average, total employees in petroleum extraction equipment mfg. industry exceeded 130,000, an increase of more than 3% on a year-on-year basis. The total export delivery value exceeded USD 1 billion, a decline of about 30% on a year-on-year basis.

In terms of industry-wide profit, in 2009, profits of enterprises above designated size in petroleum extraction equipment mfg. industry added up to more than USD 750 million, a decline of more than 20% on a year-on-year basis. The averaged profit margin of enterprises in petroleum extraction equipment mfg. industry was higher than 6%. A total of more than 100 enterprises suffered a loss, the percentage of loss-incurring enterprises was higher than 15%.

In terms of market position of foreign enterprises in China, in 2009, sales revenue from foreign enterprises engaged in petroleum extraction equipment mfg. production in China added up to more than USD 1 billion, taking a share of more than 10% of the gross sales revenue from petroleum extraction equipment mfg. enterprises across China. Foreign enterprises in China petroleum extraction equipment mfg. industry achieved a ratio of return on assets of more than 4%, almost same with the industry average.

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Full content of China Petroleum Extraction Equipment Mfg. Industry Analysis:

http://www.allchinareports.com/china-machine-equipment-tool-industry/special-equipments-industry-analysis/industry-research-analysis-on-china-petroleum-extraction-equipment-mfg.-industry.html

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The analyses above are extracted from the industry report: China Petroleum Extraction Equipment Mfg. Industry Profile
 


Posted: 19 July 2011, last updated 19 July 2011

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