Sinopec Oilfield Equipment Corporation

SZSE:000852 Stock Report

Market Cap: CN¥5.7b

Sinopec Oilfield Equipment Past Earnings Performance

Past criteria checks 2/6

Sinopec Oilfield Equipment has been growing earnings at an average annual rate of 32.9%, while the Energy Services industry saw earnings growing at 11.6% annually. Revenues have been growing at an average rate of 6.6% per year. Sinopec Oilfield Equipment's return on equity is 3.4%, and it has net margins of 1.1%.

Key information

32.9%

Earnings growth rate

28.1%

EPS growth rate

Energy Services Industry Growth12.1%
Revenue growth rate6.6%
Return on equity3.4%
Net Margin1.1%
Last Earnings Update30 Sep 2024

Recent past performance updates

Sinopec Oilfield Equipment (SZSE:000852) Strong Profits May Be Masking Some Underlying Issues

Aug 15
Sinopec Oilfield Equipment (SZSE:000852) Strong Profits May Be Masking Some Underlying Issues

Recent updates

Sinopec Oilfield Equipment (SZSE:000852) Strong Profits May Be Masking Some Underlying Issues

Aug 15
Sinopec Oilfield Equipment (SZSE:000852) Strong Profits May Be Masking Some Underlying Issues

Investors Could Be Concerned With Sinopec Oilfield Equipment's (SZSE:000852) Returns On Capital

Jun 25
Investors Could Be Concerned With Sinopec Oilfield Equipment's (SZSE:000852) Returns On Capital

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

Apr 17
If EPS Growth Is Important To You, Sinopec Oilfield Equipment (SZSE:000852) Presents An Opportunity

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

Mar 21
Sinopec Oilfield Equipment (SZSE:000852) Could Be Struggling To Allocate Capital

Revenue & Expenses Breakdown

How Sinopec Oilfield Equipment makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SZSE:000852 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 247,91589717387
30 Jun 248,02093749383
31 Mar 248,13892733385
31 Dec 238,39892736376
30 Sep 238,42292760349
30 Jun 238,49278745331
31 Mar 238,06666701340
01 Jan 237,75252685311
30 Sep 227,74168712335
30 Jun 227,32462701329
31 Mar 227,29254702275
01 Jan 226,95145692276
30 Sep 216,30526687295
30 Jun 216,26828665299
31 Mar 216,22523674327
31 Dec 206,2137644385
30 Sep 206,263-4639433
30 Jun 206,4304682459
31 Mar 206,5260693462
31 Dec 196,58825710408
30 Sep 196,67485682300
30 Jun 196,323118619257
31 Mar 195,703109628247
31 Dec 184,91914657239
30 Sep 184,96199590254
30 Jun 184,49985533307
31 Mar 183,96132484236
31 Dec 173,9949473206
30 Sep 173,432-61459599
30 Jun 173,318-8127090
31 Mar 173,357-8427480
31 Dec 163,444-8297820
30 Sep 163,830-2806910
30 Jun 164,161-1737960
31 Mar 164,605-1118320
31 Dec 155,09668350
30 Sep 156,178-181,0360
30 Jun 157,1481579660
31 Mar 158,9692501,0860
31 Dec 148,1372299890
30 Sep 146,0062356510
30 Jun 144,4171255190
31 Mar 141,870932620
31 Dec 131,8681042730

Quality Earnings: 000852 has a large one-off gain of CN¥45.5M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 000852's current net profit margins (1.1%) are higher than last year (1.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 000852 has become profitable over the past 5 years, growing earnings by 32.9% per year.

Accelerating Growth: 000852's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 000852 had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Energy Services industry average (7.6%).

Return on Equity

High ROE: 000852's Return on Equity (3.4%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 10:08
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Sinopec Oilfield Equipment Corporation is covered by 13 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBOCI Research Ltd.
Yuanrui LiuChangjiang Securities Co. LTD.
Nai Di ZhaoEverbright Securities Co. Ltd.