2883 Stock Overview
Provides integrated oilfield services in China, Indonesia, Mexico, Norway, Rest of Middle East, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
My Notes
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Community Narratives
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Enhanced Rig Utilization In Brazil And Saudi Arabia Will Boost Future Prospects
China Oilfield Services Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$6.88 |
| 52 Week High | HK$10.00 |
| 52 Week Low | HK$6.11 |
| Beta | 1.07 |
| 1 Month Change | 2.23% |
| 3 Month Change | -3.78% |
| 1 Year Change | -13.78% |
| 3 Year Change | 0.58% |
| 5 Year Change | -46.58% |
| Change since IPO | 264.02% |
Recent News & Updates
China Oilfield Services (HKG:2883) Has A Rock Solid Balance Sheet
Dec 23
Returns On Capital Are Showing Encouraging Signs At China Oilfield Services (HKG:2883)
Dec 01Recent updates
China Oilfield Services (HKG:2883) Has A Rock Solid Balance Sheet
Dec 23Returns On Capital Are Showing Encouraging Signs At China Oilfield Services (HKG:2883)
Dec 01Returns At China Oilfield Services (HKG:2883) Are On The Way Up
Aug 26If EPS Growth Is Important To You, China Oilfield Services (HKG:2883) Presents An Opportunity
Aug 09Is China Oilfield Services (HKG:2883) A Risky Investment?
Jul 22After Leaping 31% China Oilfield Services Limited (HKG:2883) Shares Are Not Flying Under The Radar
Mar 29China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet
Mar 08Returns At China Oilfield Services (HKG:2883) Are On The Way Up
Feb 19Shareholder Returns
| 2883 | HK Energy Services | HK Market | |
|---|---|---|---|
| 7D | 3.1% | 0.9% | 1.1% |
| 1Y | -13.8% | 3.1% | 17.6% |
Return vs Industry: 2883 underperformed the Hong Kong Energy Services industry which returned 2.5% over the past year.
Return vs Market: 2883 underperformed the Hong Kong Market which returned 17.6% over the past year.
Price Volatility
| 2883 volatility | |
|---|---|
| 2883 Average Weekly Movement | 6.0% |
| Energy Services Industry Average Movement | 12.0% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in HK Market | 17.8% |
| 10% least volatile stocks in HK Market | 3.9% |
Stable Share Price: 2883 has not had significant price volatility in the past 3 months compared to the Hong Kong market.
Volatility Over Time: 2883's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2001 | 15,472 | Shunqiang Zhao | www.cosl.com.cn |
China Oilfield Services Limited, together with its subsidiaries, provides integrated oilfield services in China, Indonesia, Mexico, Norway, Rest of Middle East, and internationally. It operates through four segments: Geophysical exploration and engineering survey Services, Drilling Services, Oilfield technical services, and Ship services. The company Drilling services segment offers various drilling services.
China Oilfield Services Limited Fundamentals Summary
| 2883 fundamental statistics | |
|---|---|
| Market cap | HK$60.13b |
| Earnings (TTM) | HK$3.39b |
| Revenue (TTM) | HK$51.31b |
9.7x
P/E Ratio0.6x
P/S RatioIs 2883 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 2883 income statement (TTM) | |
|---|---|
| Revenue | CN¥48.26b |
| Cost of Revenue | CN¥40.24b |
| Gross Profit | CN¥8.02b |
| Other Expenses | CN¥4.84b |
| Earnings | CN¥3.18b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Mar 26, 2025
| Earnings per share (EPS) | 0.67 |
| Gross Margin | 16.62% |
| Net Profit Margin | 6.60% |
| Debt/Equity Ratio | 41.7% |
How did 2883 perform over the long term?
See historical performance and comparisonDividends
3.2%
Current Dividend Yield32%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:37 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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 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
China Oilfield Services Limited is covered by 59 analysts. 12 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 |
|---|---|
| Clement Chen | Barclays |
| Yong Liang Por | BNP Paribas Securities (Asia) |
| Cho Ming Lau | BOCI Research Ltd. |