Sinopec Oilfield Equipment Future Growth

Future criteria checks 4/6

Sinopec Oilfield Equipment is forecast to grow earnings and revenue by 45.9% and 16.1% per annum respectively while EPS is expected to grow by 44.6% per annum.

Key information

45.9%

Earnings growth rate

44.6%

EPS growth rate

Energy Services earnings growth	19.1%
Revenue growth rate	16.1%
Future return on equity	n/a
Analyst coverage	Low
Last updated	16 Oct 2023

Recent future growth updates

Recent updates

If EPS Growth Is Important To You, Sinopec Oilfield Equipment (SZSE:000852) Presents An Opportunity

Apr 17

Sinopec Oilfield Equipment (SZSE:000852) Could Be Struggling To Allocate Capital

Mar 21

Earnings and Revenue Growth Forecasts

SZSE:000852 - Analysts future estimates and past financials data (CNY Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	10,875	221	N/A	1,036	2
12/31/2024	9,727	165	N/A	-852	2
3/31/2024	8,138	92	-22	113	N/A
12/31/2023	8,398	92	572	686	N/A
9/30/2023	8,422	91	299	376	N/A
6/30/2023	8,492	78	144	302	N/A
3/31/2023	8,066	66	378	533	N/A
12/31/2022	7,752	52	320	477	N/A
9/30/2022	7,741	68	96	383	N/A
6/30/2022	7,324	62	144	339	N/A
3/31/2022	7,292	54	56	262	N/A
1/1/2022	6,951	45	87	276	N/A
9/30/2021	6,305	26	459	517	N/A
6/30/2021	6,268	28	397	454	N/A
3/31/2021	6,225	23	-53	-4	N/A
12/31/2020	6,213	7	173	225	N/A
9/30/2020	6,263	-4	51	159	N/A
6/30/2020	6,430	4	264	381	N/A
3/31/2020	6,526	0	-80	30	N/A
12/31/2019	6,588	25	-750	-639	N/A
9/30/2019	6,674	85	-1,117	-1,026	N/A
6/30/2019	6,323	118	-1,185	-1,105	N/A
3/31/2019	5,703	109	-686	-617	N/A
12/31/2018	4,919	14	-363	-294	N/A
9/30/2018	4,961	99	-43	-28	N/A
6/30/2018	4,499	85	-261	-244	N/A
3/31/2018	3,961	32	77	95	N/A
12/31/2017	3,994	9	N/A	48	N/A
9/30/2017	3,432	-614	N/A	-82	N/A
6/30/2017	3,318	-812	N/A	-47	N/A
3/31/2017	3,357	-842	N/A	-309	N/A
12/31/2016	3,444	-829	N/A	-119	N/A
9/30/2016	3,830	-280	N/A	-44	N/A
6/30/2016	4,161	-173	N/A	93	N/A
3/31/2016	4,605	-111	N/A	110	N/A
12/31/2015	5,096	6	N/A	130	N/A
9/30/2015	6,178	-18	N/A	296	N/A
6/30/2015	7,148	157	N/A	349	N/A
3/31/2015	8,969	250	N/A	-252	N/A
12/31/2014	8,137	229	N/A	-244	N/A
9/30/2014	6,006	235	N/A	-508	N/A
6/30/2014	4,417	125	N/A	-543	N/A
3/31/2014	1,870	93	N/A	85	N/A
12/31/2013	1,868	104	N/A	34	N/A
9/30/2013	1,952	104	N/A	59	N/A
6/30/2013	1,923	125	N/A	79	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 000852's forecast earnings growth (45.9% per year) is above the savings rate (2.9%).

Earnings vs Market: 000852's earnings (45.9% per year) are forecast to grow faster than the CN market (24.2% per year).

High Growth Earnings: 000852's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 000852's revenue (16.1% per year) is forecast to grow faster than the CN market (14.7% per year).

High Growth Revenue: 000852's revenue (16.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if 000852's Return on Equity is forecast to be high in 3 years time

Sinopec Oilfield Equipment Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 12% to CN¥7.25

Consensus revenue estimates increase by 11%

Price target increased to CN¥6.40

Analysts lower EPS estimates to CN¥0.031

Analysts update estimates

Price target lowered to CN¥6.41

Recent updates

First quarter 2024 earnings released: EPS: CN¥0.027 (vs CN¥0.027 in 1Q 2023)

If EPS Growth Is Important To You, Sinopec Oilfield Equipment (SZSE:000852) Presents An Opportunity

Sinopec Oilfield Equipment Corporation to Report Q1, 2024 Results on Apr 26, 2024

Sinopec Oilfield Equipment (SZSE:000852) Could Be Struggling To Allocate Capital

Investor sentiment deteriorates as stock falls 16%

Sinopec Oilfield Equipment Corporation to Report Fiscal Year 2023 Results on Apr 26, 2024

Third quarter 2023 earnings released: EPS: CN¥0.024 (vs CN¥0.01 in 3Q 2022)

Price target increased by 12% to CN¥7.25

Sinopec Oilfield Equipment Corporation to Report Q3, 2023 Results on Oct 26, 2023

Second quarter 2023 earnings released: EPS: CN¥0.042 (vs CN¥0.03 in 2Q 2022)

Sinopec Oilfield Equipment Corporation to Report First Half, 2023 Results on Aug 11, 2023

Sinopec Oilfield Equipment Corporation, Annual General Meeting, Jun 16, 2023

First quarter 2023 earnings released: EPS: CN¥0.027 (vs CN¥0.015 in 1Q 2022)

High number of new and inexperienced directors

Third quarter 2022 earnings released: EPS: CN¥0.01 (vs CN¥0.003 in 3Q 2021)

Consensus revenue estimates increase by 11%

Second quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.026 in 2Q 2021)

Sinopec Oilfield Equipment Corporation, Annual General Meeting, Jun 29, 2022

Now 20% undervalued after recent price drop

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Price target increased to CN¥6.40

High number of new and inexperienced directors

Third quarter 2021 earnings released: EPS CN¥0.003 (vs CN¥0.006 in 3Q 2020)

Second quarter 2021 earnings released: EPS CN¥0.026 (vs CN¥0.019 in 2Q 2020)

First quarter 2021 earnings released: EPS CN¥0.002 (vs CN¥0.018 loss in 1Q 2020)

Full year 2020 earnings released: EPS CN¥0.009 (vs CN¥0.032 in FY 2019)

New 90-day high: CN¥4.79

Sinopec Oilfield Equipment Corporation to Report Fiscal Year 2020 Results on Apr 15, 2021

New 90-day low: CN¥4.34

New 90-day low: CN¥4.42

Annual earnings released: Earnings in line with expectations

Third quarter earnings released

Analysts lower EPS estimates to CN¥0.031

New 90-day low: CN¥4.66

Analysts update estimates

Price target lowered to CN¥6.41

Earnings released

New 90-day high - CN¥5.42

Sinopec Oilfield Equipment Corporation to Report First Half, 2020 Results on Aug 18, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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