🚀 VC round data is live in beta, check it out!
China Merchants Energy Overview
About China Merchants Energy
China Merchants Energy Shipping Co Ltd is a China-based company that engages in tanker transportation, bulk cargo vessel transportation, and liquid natural gas (LNG) vessel transportation. It provides a full range of energy transportation services running a large diversity of vessels, including crude oil tankers, dry bulk carriers, and LNG carriers. It provides services to customers from China, Japan, Korea, Southeast Asia, the United States, and other countries.
Founded
2004
HQ
Employees
5.3K
Website
Financials (LTM)
EV
$25B
China Merchants Energy Financials
China Merchants Energy reported last 12-month revenue of $4B and EBITDA of $2B.
In the same LTM period, China Merchants Energy generated $1B in gross profit, $2B in EBITDA, and $1B in net income.
Revenue (LTM)
China Merchants Energy P&L
In the most recent fiscal year, China Merchants Energy reported revenue of $4B and EBITDA of $2B.
China Merchants Energy expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4B | XXX | $4B | XXX | XXX | XXX |
| Gross Profit | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | 29% | XXX | 26% | XXX | XXX | XXX |
| EBITDA | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA Margin | 43% | XXX | 40% | XXX | XXX | XXX |
| EBIT Margin | 27% | XXX | 24% | XXX | XXX | XXX |
| Net Profit | $1B | XXX | $882M | XXX | XXX | XXX |
| Net Margin | 25% | XXX | 21% | XXX | XXX | XXX |
| Net Debt | — | — | $3B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
China Merchants Energy Stock Performance
China Merchants Energy has current market cap of $21B, and enterprise value of $25B.
Market Cap Evolution
China Merchants Energy's stock price is $2.65.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $25B | $21B | -2.0% | XXX | XXX | XXX | $0.11 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialChina Merchants Energy Valuation Multiples
China Merchants Energy trades at 5.7x EV/Revenue multiple, and 13.2x EV/EBITDA.
EV / Revenue (LTM)
China Merchants Energy Financial Valuation Multiples
As of April 17, 2026, China Merchants Energy has market cap of $21B and EV of $25B.
Equity research analysts estimate China Merchants Energy's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
China Merchants Energy has a P/E ratio of 19.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $21B | XXX | $21B | XXX | XXX | XXX |
| EV (current) | $25B | XXX | $25B | XXX | XXX | XXX |
| EV/Revenue | 5.7x | XXX | 6.0x | XXX | XXX | XXX |
| EV/EBITDA | 13.2x | XXX | 15.2x | XXX | XXX | XXX |
| EV/EBIT | 20.7x | XXX | 25.1x | XXX | XXX | XXX |
| EV/Gross Profit | 19.4x | XXX | 22.7x | XXX | XXX | XXX |
| P/E | 19.5x | XXX | 24.3x | XXX | XXX | XXX |
| EV/FCF | 26.8x | XXX | 24.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified China Merchants Energy Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
China Merchants Energy Margins & Growth Rates
China Merchants Energy's revenue in the last 12 month grew by 19%.
China Merchants Energy's revenue per employee in the last FY averaged $0.8M, while opex per employee averaged $0.0M for the same period.
China Merchants Energy's rule of 40 is 75% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
China Merchants Energy's rule of X is 112% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
China Merchants Energy Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 19% | XXX | 25% | XXX | XXX | XXX |
| EBITDA Margin | 43% | XXX | 40% | XXX | XXX | XXX |
| EBITDA Growth | 37% | XXX | 58% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 75% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 112% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.8M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 0% | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 3% | XXX | 3% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 0% | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 4% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
China Merchants Energy Public Comps
See public comps and valuation multiples for other Energy Infrastructure and Energy Services comps.
Valuation data powered by FactSet, Inc.
China Merchants Energy M&A Activity
China Merchants Energy acquired XXX companies to date.
Last acquisition by China Merchants Energy was on XXXXXXXX, XXXXX. China Merchants Energy acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by China Merchants Energy
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialChina Merchants Energy Investment Activity
China Merchants Energy invested in XXX companies to date.
China Merchants Energy made its latest investment on XXXXXXXX, XXXXX. China Merchants Energy invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by China Merchants Energy
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout China Merchants Energy
| When was China Merchants Energy founded? | China Merchants Energy was founded in 2004. |
| Where is China Merchants Energy headquartered? | China Merchants Energy is headquartered in China. |
| How many employees does China Merchants Energy have? | As of today, China Merchants Energy has over 5K employees. |
| Is China Merchants Energy publicly listed? | Yes, China Merchants Energy is a public company listed on Shanghai Stock Exchange. |
| What is the stock symbol of China Merchants Energy? | China Merchants Energy trades under 601872 ticker. |
| When did China Merchants Energy go public? | China Merchants Energy went public in 2006. |
| Who are competitors of China Merchants Energy? | China Merchants Energy main competitors are IndianOil, TBEA, Neste, OMV. |
| What is the current market cap of China Merchants Energy? | China Merchants Energy's current market cap is $21B. |
| What is the current revenue of China Merchants Energy? | China Merchants Energy's last 12 months revenue is $4B. |
| What is the current revenue growth of China Merchants Energy? | China Merchants Energy revenue growth (NTM/LTM) is 19%. |
| What is the current EV/Revenue multiple of China Merchants Energy? | Current revenue multiple of China Merchants Energy is 5.7x. |
| Is China Merchants Energy profitable? | Yes, China Merchants Energy is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of China Merchants Energy? | China Merchants Energy's last 12 months EBITDA is $2B. |
| What is China Merchants Energy's EBITDA margin? | China Merchants Energy's last 12 months EBITDA margin is 43%. |
| What is the current EV/EBITDA multiple of China Merchants Energy? | Current EBITDA multiple of China Merchants Energy is 13.2x. |
| What is the current FCF of China Merchants Energy? | China Merchants Energy's last 12 months FCF is $928M. |
| What is China Merchants Energy's FCF margin? | China Merchants Energy's last 12 months FCF margin is 21%. |
| What is the current EV/FCF multiple of China Merchants Energy? | Current FCF multiple of China Merchants Energy is 26.8x. |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.