002353 On Other Exchanges
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Company Description

Contact Info

No. 5 Jereh Road

Laishan District

Yantai, 264003


Phone: 86 40 0812 9130


Yantai Jereh Oilfield Services Group Co., Ltd. designs, manufactures, and markets equipment and tools for drilling, well completion, production, well service, and natural gas compression and liquefaction worldwide. It offers drilling, completion, and stimulation products, including drilling and workover rigs, cementing units, frac spreads, nitrogen pumpers, nitrogen generator units, coiled tubing units, intelligent pipe handling systems, offshore platforms, and simulators; downhole motors and equipment; and oil and gas engineering and equipment for engineering, procurement, construction, field, gas and oil treatment, and utilities facilities. The company also provides natural gas equipment comprising natural gas liquefaction, fueling, and transportation systems, as well as gas compressor packages; and wellhead equipment, such as well control equipment, wellhead and gate valves, choke and kill manifolds, and well completion tools. In addition, it offers CT injectors and BOPs; construction machinery parts and mining machinery parts; and stuffing boxes for coiled tubing equipment, plunger pump parts, and brakes for heavy-duty trucks. Further, the company offers oilfield equipment and mine equipment spare parts, and power transmission products. Additionally, it offers oilfield engineering services, such as well drilling, completion engineering, production, and intervention services, as well as waste management services; oil and gas engineering, procurement, and construction, as well as oilfield technology services; and energy and environmental protection services, as well as related equipment and downhole tools. The company also distributes products of other brands; and develops and sells computer software. The company was formerly known as Yantai Jereh Equipment Group Co., Ltd. and changed its name to Yantai Jereh Oilfield Services Group Co., Ltd. in November 2007. Yantai Jereh Oilfield Services Group Co., Ltd. was founded in 1999 and is headquartered in Yantai, China.


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Valuation 002353 Industry Range
Price/Earnings 100.0x
Price/Sales 6.2x
Price/Book 2.3x
Price/Cash Flow 117.4x
TEV/Sales 4.6x

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