*ST新潮 (600777)

Shandong Xinchao Energy Corporation Limited

ASH

Tags

Special Treatment (ST) SectorNew Insurance HoldingsNatural GasOil and Gas ExplorationOverseas BusinessPetroleumOil and Natural Gas ExplorationPrivate Equity Heavy PositionsTender Offer AcquisitionHorse Racing ConceptShale Gas油气开采Ⅱ石油石化

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Company NameShandong Xinchao Energy Co., Ltd.
Listing Date1996-11-21
Issue Price1RMB
Registered Capital680049.582510k RMB
Legal RepresentativeZhang Junyu
Registered AddressNo. 308 Tonghai Road, Muping District, Yantai City, Shandong Province
IndustryOil & Gas Extraction II
Main BusinessExploration, extraction, and sales of petroleum and natural gas
Company ProfileShandong Xinchao Energy Co., Ltd. was established in 1985 and is an energy enterprise focusing on the exploration, extraction, and sales of petroleum and natural gas. The company's headquarters is located in Beijing. In November 1996, with the approval of the China Securities Regulatory Commission, 14 million of its public shares were officially listed on the Shanghai Stock Exchange. Its stock abbreviation is "Xinchao Energy" and the stock code is "600777". After more than thirty years of growth and several business transformations, Xinchao Energy has developed into an international energy enterprise headquartered in China with its primary operations based in North America. In 2014, Xinchao Energy initiated a new development strategy, positioning the company's future main development focus on the overseas exploration, extraction, and sales of petroleum and natural gas. It successively acquired the Hoople oil field (a conventional oil field) and the Howard and Borden oil fields (shale oil reservoirs) in Texas, USA. Both oil field assets are located in the core area of the Permian Basin, which boasts the highest quality shale oil and gas resources, the lowest extraction costs, and the strongest growth in shale oil production in the United States. As of the end of 2018, the 1P reserves (proved developed reserves) of the oil field assets were 271 million barrels.

Stock Details

1. Key Indicators

  • Total Shares(W): 680049.58
  • Circulating A-Shares(W): 636615.24
  • Earnings Per Share(RMB): 0.1957
  • Net Assets Per Share(RMB): 3.4591
  • Operating Revenue(W RMB): 565881.68
  • Total Profit(W RMB): 157837.49
  • **Net Profit Attributable to Parent(W RMB) **: 133065.53
  • Net Profit Growth Rate(%): -19.44
  • Weighted Return on Equity(%): 5.7827
  • Operating Cash Flow Per Share(RMB): 0.6160
  • Undistributed Profit Per Share(RMB): 1.2730
  • Capital Reserve Per Share(RMB): 0.9789

2. Main Business

The main business covers:

  • Exploration, extraction, and sales of petroleum and natural gas.

3. Company Basic Information

  • Company Name: Shandong Xinchao Energy Co., Ltd.
  • Listing Date: 1996-11-21
  • Industry: Petroleum and Natural Gas Extraction Industry
  • Address: No. 308 Tonghai Road, Muping District, Yantai City, Shandong Province
  • Website: https://www.xinchaoenergy.com
  • Company Profile: The company was jointly established in November 1988 by three enterprises, including Shandong Muping Xinmu International United Enterprise General Company. Initially, the net assets and cash investment from the promoters were converted into 306,100 promoter legal person shares with a face value of RMB 100 (later split into shares with a face value of RMB 1 per share). 140,000 public shares were issued. After converting additional investments into shares, the total number of shares at the time of listing was 51.34 million.

4. Top 10 Circulating Shareholders

Rank Institution Name Institution Type Shares Held (W) Percentage Held (%)
1 Inner Mongolia Yitai Coal Co., Ltd. General Legal Person 340735.01 53.52
2 Beijing Shengbang Kehua Trading Co., Ltd. General Legal Person 37457.91 5.88
3 Beijing Huineng Haitou New Energy Development Co., Ltd. General Legal Person 33907.91 5.33
4 Inner Mongolia Bonacheng Private Fund Management Co., Ltd. - Bonacheng Xinmao Huishi No. 1 Private Securities Investment Fund Private Securities Investment Fund 33895.16 5.32
5 Inner Mongolia Fanhai Investment Management Co., Ltd. - Fanhai Huixiang Long-term Value Private Securities Investment Fund Private Securities Investment Fund 31028.41 4.87
6 Beijing Longde Kaiyuan Venture Capital Center (Limited Partnership) General Legal Person 14118.90 2.22
7 Shanghai Wuxiang Investment Management Co., Ltd. General Legal Person 6331.93 0.99
8 Shenzhen Hongyu Business Consulting Co., Ltd. General Legal Person 4682.23 0.74
9 Guohua Life Insurance Co., Ltd. - Traditional No. 2 Insurance 2698.37 0.42

5. Concept Sectors

  • ST Sector
  • Shale Gas
  • Horse Racing Concept
  • Natural Gas
  • Tender Offer
  • Insurance New Holdings
  • Overseas Business
  • Heavy Private Placement Holdings

Remarks

  • Data update date: 2025-09-30
  • Data source: Public Market Information