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China Oilfield Services SEHK:2883 Stock Report

Last Price

HK$8.90

Market Cap

HK$75.1b

7D

-2.6%

1Y

-0.1%

Updated

22 Apr, 2024

Data

Company Financials +

China Oilfield Services Limited

SEHK:2883 Stock Report

Market Cap: HK$75.1b

2883 Stock Overview

China Oilfield Services Limited, together with its subsidiaries, provides integrated offshore oilfield services in Mainland China and internationally.

2883 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance5/6
Financial Health6/6
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$8.90
52 Week HighHK$10.00
52 Week LowHK$6.31
Beta1.14
1 Month Change9.61%
3 Month Change29.74%
1 Year Change-0.11%
3 Year Change17.88%
5 Year Change4.46%
Change since IPO370.90%

Recent News & Updates

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

Recent updates

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

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

Apr 11
China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet

Should You Be Adding China Oilfield Services (HKG:2883) To Your Watchlist Today?

Mar 29
Should You Be Adding China Oilfield Services (HKG:2883) To Your Watchlist Today?

Are Institutions Heavily Invested In China Oilfield Services Limited's (HKG:2883) Shares?

Mar 11
Are Institutions Heavily Invested In China Oilfield Services Limited's (HKG:2883) Shares?

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

Feb 25
Calculating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)

Returns On Capital - An Important Metric For China Oilfield Services (HKG:2883)

Feb 12
Returns On Capital - An Important Metric For China Oilfield Services (HKG:2883)

Is China Oilfield Services Limited's (HKG:2883) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Jan 31
Is China Oilfield Services Limited's (HKG:2883) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Does China Oilfield Services' (HKG:2883) Share Price Gain of 67% Match Its Business Performance?

Jan 18
Does China Oilfield Services' (HKG:2883) Share Price Gain of 67% Match Its Business Performance?

Are China Oilfield Services's (HKG:2883) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 05
Are China Oilfield Services's (HKG:2883) Statutory Earnings A Good Guide To Its Underlying Profitability?

Shareholder Returns

2883HK Energy ServicesHK Market
7D-2.6%-0.3%-0.7%
1Y-0.1%-5.1%-13.4%

Return vs Industry: 2883 exceeded the Hong Kong Energy Services industry which returned -5.1% over the past year.

Return vs Market: 2883 exceeded the Hong Kong Market which returned -13.4% over the past year.

Price Volatility

Is 2883's price volatile compared to industry and market?
2883 volatility
2883 Average Weekly Movement7.7%
Energy Services Industry Average Movement7.8%
Market Average Movement7.5%
10% most volatile stocks in HK Market14.9%
10% least volatile stocks in HK Market3.8%

Stable Share Price: 2883's share price has been volatile over the past 3 months.

Volatility Over Time: 2883's weekly volatility (8%) 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 offshore oilfield services in Mainland China and internationally. The company operates through four segments: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. The Geophysical Services segment provides marine seismic acquisition, seismic data processing and interpretation, geo-technical survey, geotechnical and marine environmental investigation, subsea engineering, deep water engineering surveying, groundwork and foundation construction engineering, offshore engineering support, consulting services, and equipment manufacture.

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$75.05b
Earnings (TTM)HK$3.26b
Revenue (TTM)HK$47.72b

13.0x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2883 income statement (TTM)
RevenueCN¥44.11b
Cost of RevenueCN¥37.11b
Gross ProfitCN¥6.99b
Other ExpensesCN¥3.98b
EarningsCN¥3.01b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)0.63
Gross Margin15.86%
Net Profit Margin6.83%
Debt/Equity Ratio48.7%

How did 2883 perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

33%

Payout Ratio
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