Dezhou United Petroleum Technology Co., Ltd., commonly known as DESHI CO., LTD, has been a pivotal player in the oil and gas sector, particularly in the realm of drilling technology. As of November 15, 2025, the company continues to demonstrate its robust market presence, underscored by its listing on the Shenzhen Stock Exchange. With a market capitalization of approximately 3.53 billion CNY, DESHI CO., LTD remains a significant entity within the industry.
The company’s financial metrics reflect a dynamic performance over the past year. As of November 13, 2025, the close price of its shares stood at 23.11 CNY, marking a notable recovery from the 52-week low of 12.61 CNY recorded on January 5, 2025. This resurgence is indicative of the company’s strategic initiatives and market adaptability. The 52-week high of 30.79 CNY, achieved on October 21, 2025, further highlights the potential for growth and investor confidence in the company’s future prospects.
A key financial indicator, the price-to-earnings (P/E) ratio, currently stands at 26.06. This ratio suggests that investors are willing to pay a premium for DESHI CO., LTD’s earnings, reflecting optimism about its future earnings potential. The company’s ability to innovate and expand its product offerings has likely contributed to this investor sentiment.
Founded in 1961 and headquartered in Dezhou, China, DESHI CO., LTD has established itself as a leader in the research, development, production, sale, and leasing of specialized tools and equipment for oil and gas drilling. The company’s extensive product portfolio includes drilling tools such as down-hole motors, non-magnetic products, hydraulic thrusters, insulating joints, and joint products. Additionally, it offers a range of drilling equipment, including power section test benches, downhole motor test benches, hydraulic breaking units, and drilling pumps.
Beyond its core offerings, DESHI CO., LTD provides a suite of oil and gas exploitation products, including profile control pumps, injection systems, Christmas tree products, and snubbing products. The company’s well-control equipment, such as casing heads, further underscores its comprehensive approach to addressing the needs of the oil and gas industry.
In addition to its product offerings, DESHI CO., LTD delivers engineering technical services, encompassing directional drilling, surface treatment, and horizontal drilling. This holistic approach not only enhances its value proposition but also strengthens its competitive edge in the global market.
The company’s international reach is evidenced by its export activities, which have expanded its footprint beyond China. This global presence not only diversifies its revenue streams but also mitigates regional market risks.
Looking ahead, DESHI CO., LTD is poised to leverage its technological expertise and strategic market positioning to drive further growth. The company’s commitment to innovation and its ability to adapt to evolving industry demands will likely continue to attract investor interest and sustain its market leadership.
In conclusion, DESHI CO., LTD’s robust financial performance, comprehensive product and service offerings, and strategic market initiatives position it as a formidable player in the oil and gas sector. As the company continues to navigate the complexities of the global market, its focus on innovation and expansion will be critical to maintaining its competitive advantage and achieving long-term success.




