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China Oilfield Services SEHK:2883 Stock Report

Last Price

HK$7.06

Market Cap

HK$61.7b

7D

0.1%

1Y

-19.0%

Updated

21 Nov, 2024

Data

Company Financials +

China Oilfield Services Limited

SEHK:2883 Stock Report

Market Cap: HK$61.7b

2883 Stock Overview

Provides integrated oilfield services in China, Indonesia, Mexico, Norway, Rest of Middle East, and internationally. More details

2883 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance5/6
Financial Health5/6
Dividends2/6

China Oilfield Services Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Oilfield Services
Historical stock prices
Current Share PriceHK$7.06
52 Week HighHK$10.00
52 Week LowHK$6.11
Beta1.08
11 Month Change-6.49%
3 Month Change7.62%
1 Year Change-19.04%
33 Year Change7.79%
5 Year Change-34.02%
Change since IPO273.55%

Recent News & Updates

Recent updates

Returns At China Oilfield Services (HKG:2883) Are On The Way Up

Aug 26
Returns At China Oilfield Services (HKG:2883) Are On The Way Up

If EPS Growth Is Important To You, China Oilfield Services (HKG:2883) Presents An Opportunity

Aug 09
If EPS Growth Is Important To You, China Oilfield Services (HKG:2883) Presents An Opportunity

Is China Oilfield Services (HKG:2883) A Risky Investment?

Jul 22
Is China Oilfield Services (HKG:2883) A Risky Investment?

After Leaping 31% China Oilfield Services Limited (HKG:2883) Shares Are Not Flying Under The Radar

Mar 29
After Leaping 31% China Oilfield Services Limited (HKG:2883) Shares Are Not Flying Under The Radar

China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet

Mar 08
China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet

Returns At China Oilfield Services (HKG:2883) Are On The Way Up

Feb 19
Returns At China Oilfield Services (HKG:2883) Are On The Way Up

China Oilfield Services Limited's (HKG:2883) P/E Still Appears To Be Reasonable

Dec 19
China Oilfield Services Limited's (HKG:2883) P/E Still Appears To Be Reasonable

China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet

Nov 27
China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet

China Oilfield Services (HKG:2883) Is Looking To Continue Growing Its Returns On Capital

Nov 07
China Oilfield Services (HKG:2883) Is Looking To Continue Growing Its Returns On Capital

Is China Oilfield Services (HKG:2883) A Risky Investment?

Aug 20
Is China Oilfield Services (HKG:2883) A Risky Investment?

Returns At China Oilfield Services (HKG:2883) Are On The Way Up

Aug 01
Returns At China Oilfield Services (HKG:2883) Are On The Way Up

China Oilfield Services (HKG:2883) Will Pay A Larger Dividend Than Last Year At CN¥0.1786

May 26
China Oilfield Services (HKG:2883) Will Pay A Larger Dividend Than Last Year At CN¥0.1786

China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet

May 14
China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet

China Oilfield Services (HKG:2883) Shareholders Will Want The ROCE Trajectory To Continue

Apr 28
China Oilfield Services (HKG:2883) Shareholders Will Want The ROCE Trajectory To Continue

A Look At The Fair Value Of China Oilfield Services Limited (HKG:2883)

Mar 19
A Look At The Fair Value Of China Oilfield Services Limited (HKG:2883)

China Oilfield Services (HKG:2883) Seems To Use Debt Rather Sparingly

Feb 01
China Oilfield Services (HKG:2883) Seems To Use Debt Rather Sparingly

We Like These Underlying Return On Capital Trends At China Oilfield Services (HKG:2883)

Jan 17
We Like These Underlying Return On Capital Trends At China Oilfield Services (HKG:2883)

Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)

Dec 18
Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)

Is China Oilfield Services (HKG:2883) A Risky Investment?

Oct 25
Is China Oilfield Services (HKG:2883) A Risky Investment?

There's Been No Shortage Of Growth Recently For China Oilfield Services' (HKG:2883) Returns On Capital

Oct 10
There's Been No Shortage Of Growth Recently For China Oilfield Services' (HKG:2883) Returns On Capital

China Oilfield Services Limited (HKG:2883) Shares Could Be 40% Below Their Intrinsic Value Estimate

Sep 09
China Oilfield Services Limited (HKG:2883) Shares Could Be 40% Below Their Intrinsic Value Estimate

China Oilfield Services (HKG:2883) Has A Rock Solid Balance Sheet

Jun 29
China Oilfield Services (HKG:2883) Has A Rock Solid Balance Sheet

Returns At China Oilfield Services (HKG:2883) Are On The Way Up

Jun 08
Returns At China Oilfield Services (HKG:2883) Are On The Way Up

China Oilfield Services (HKG:2883) Seems To Use Debt Quite Sensibly

Mar 25
China Oilfield Services (HKG:2883) Seems To Use Debt Quite Sensibly

Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)

Mar 02
Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)

China Oilfield Services (HKG:2883) Might Have The Makings Of A Multi-Bagger

Jan 28
China Oilfield Services (HKG:2883) Might Have The Makings Of A Multi-Bagger

Is China Oilfield Services (HKG:2883) Using Too Much Debt?

Dec 19
Is China Oilfield Services (HKG:2883) Using Too Much Debt?

Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)

Nov 28
Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)

We Like These Underlying Return On Capital Trends At China Oilfield Services (HKG:2883)

Oct 22
We Like These Underlying Return On Capital Trends At China Oilfield Services (HKG:2883)

Investors Will Want China Oilfield Services' (HKG:2883) Growth In ROCE To Persist

Jul 20
Investors Will Want China Oilfield Services' (HKG:2883) Growth In ROCE To Persist

Calculating The Fair Value Of China Oilfield Services Limited (HKG:2883)

May 28
Calculating The Fair Value Of China Oilfield Services Limited (HKG:2883)

Here's How We Evaluate China Oilfield Services Limited's (HKG:2883) Dividend

May 10
Here's How We Evaluate China Oilfield Services Limited's (HKG:2883) Dividend

Shareholder Returns

2883HK Energy ServicesHK Market
7D0.1%0.8%0.4%
1Y-19.0%-2.5%12.0%

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 12% over the past year.

Price Volatility

Is 2883's price volatile compared to industry and market?
2883 volatility
2883 Average Weekly Movement6.9%
Energy Services Industry Average Movement12.3%
Market Average Movement8.9%
10% most volatile stocks in HK Market18.9%
10% least volatile stocks in HK Market4.3%

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 (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200115,472Shunqiang Zhaowww.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

How do China Oilfield Services's earnings and revenue compare to its market cap?
2883 fundamental statistics
Market capHK$61.70b
Earnings (TTM)HK$3.42b
Revenue (TTM)HK$51.87b

9.8x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2883 income statement (TTM)
RevenueCN¥48.26b
Cost of RevenueCN¥40.24b
Gross ProfitCN¥8.02b
Other ExpensesCN¥4.84b
EarningsCN¥3.18b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.67
Gross Margin16.62%
Net Profit Margin6.60%
Debt/Equity Ratio41.7%

How did 2883 perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

32%

Payout Ratio