Sinopec Oilfield Equipment Balance Sheet Health
Financial Health criteria checks 4/6
Sinopec Oilfield Equipment has a total shareholder equity of CN¥3.3B and total debt of CN¥2.2B, which brings its debt-to-equity ratio to 66.2%. Its total assets and total liabilities are CN¥11.2B and CN¥7.9B respectively. Sinopec Oilfield Equipment's EBIT is CN¥52.4M making its interest coverage ratio 1. It has cash and short-term investments of CN¥675.3M.
Key information
66.18%
Debt to equity ratio
CN¥2.19b
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥675.34m |
| Equity | CN¥3.31b |
| Total liabilities | CN¥7.90b |
| Total assets | CN¥11.21b |
Recent financial health updates
Recent updates
Improved Revenues Required Before Sinopec Oilfield Equipment Corporation (SZSE:000852) Stock's 32% Jump Looks Justified
Mar 21
Sinopec Oilfield Equipment (SZSE:000852) Has A Somewhat Strained Balance Sheet
Mar 04Sinopec Oilfield Equipment (SZSE:000852) Strong Profits May Be Masking Some Underlying Issues
Aug 15Investors Could Be Concerned With Sinopec Oilfield Equipment's (SZSE:000852) Returns On Capital
Jun 25If EPS Growth Is Important To You, Sinopec Oilfield Equipment (SZSE:000852) Presents An Opportunity
Apr 17Sinopec Oilfield Equipment (SZSE:000852) Could Be Struggling To Allocate Capital
Mar 21Financial Position Analysis
Short Term Liabilities: 000852's short term assets (CN¥9.2B) exceed its short term liabilities (CN¥7.6B).
Long Term Liabilities: 000852's short term assets (CN¥9.2B) exceed its long term liabilities (CN¥302.0M).
Debt to Equity History and Analysis
Debt Level: 000852's net debt to equity ratio (45.8%) is considered high.
Reducing Debt: 000852's debt to equity ratio has reduced from 167.3% to 66.2% over the past 5 years.
Debt Coverage: 000852's debt is well covered by operating cash flow (27%).
Interest Coverage: 000852's interest payments on its debt are not well covered by EBIT (1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/10 05:14 |
| End of Day Share Price | 2026/02/09 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Sinopec Oilfield Equipment Corporation is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jie Huang | Citic Securities Co., Ltd. |
| Xiaofeng Qiu | Everbright Securities Co. Ltd. |
| Nai Di Zhao | Everbright Securities Co. Ltd. |