China Oilfield Services Future Growth
Future criteria checks 3/6
China Oilfield Services is forecast to grow earnings and revenue by 20.1% and 7.1% per annum respectively. EPS is expected to grow by 20.1% per annum. Return on equity is forecast to be 10.9% in 3 years.
Key information
20.1%
Earnings growth rate
20.1%
EPS growth rate
| Energy Services earnings growth | 16.5% |
| Revenue growth rate | 7.1% |
| Future return on equity | 10.9% |
| Analyst coverage | Good |
| Last updated | 16 Apr 2024 |
Recent future growth updates
Recent updates
After Leaping 31% China Oilfield Services Limited (HKG:2883) Shares Are Not Flying Under The Radar
Mar 29
China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet
Mar 08Returns At China Oilfield Services (HKG:2883) Are On The Way Up
Feb 19China Oilfield Services Limited's (HKG:2883) P/E Still Appears To Be Reasonable
Dec 19China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet
Nov 27China Oilfield Services (HKG:2883) Is Looking To Continue Growing Its Returns On Capital
Nov 07Is China Oilfield Services (HKG:2883) A Risky Investment?
Aug 20Returns At China Oilfield Services (HKG:2883) Are On The Way Up
Aug 01China Oilfield Services (HKG:2883) Will Pay A Larger Dividend Than Last Year At CN¥0.1786
May 26China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet
May 14China Oilfield Services (HKG:2883) Shareholders Will Want The ROCE Trajectory To Continue
Apr 28A Look At The Fair Value Of China Oilfield Services Limited (HKG:2883)
Mar 19China Oilfield Services (HKG:2883) Seems To Use Debt Rather Sparingly
Feb 01We Like These Underlying Return On Capital Trends At China Oilfield Services (HKG:2883)
Jan 17Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)
Dec 18Is China Oilfield Services (HKG:2883) A Risky Investment?
Oct 25There's Been No Shortage Of Growth Recently For China Oilfield Services' (HKG:2883) Returns On Capital
Oct 10China Oilfield Services Limited (HKG:2883) Shares Could Be 40% Below Their Intrinsic Value Estimate
Sep 09China Oilfield Services (HKG:2883) Has A Rock Solid Balance Sheet
Jun 29Returns At China Oilfield Services (HKG:2883) Are On The Way Up
Jun 08China Oilfield Services (HKG:2883) Seems To Use Debt Quite Sensibly
Mar 25Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)
Mar 02China Oilfield Services (HKG:2883) Might Have The Makings Of A Multi-Bagger
Jan 28Is China Oilfield Services (HKG:2883) Using Too Much Debt?
Dec 19Estimating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)
Nov 28We Like These Underlying Return On Capital Trends At China Oilfield Services (HKG:2883)
Oct 22Investors Will Want China Oilfield Services' (HKG:2883) Growth In ROCE To Persist
Jul 20Calculating The Fair Value Of China Oilfield Services Limited (HKG:2883)
May 28Here's How We Evaluate China Oilfield Services Limited's (HKG:2883) Dividend
May 10China Oilfield Services (HKG:2883) Has A Pretty Healthy Balance Sheet
Apr 11Should You Be Adding China Oilfield Services (HKG:2883) To Your Watchlist Today?
Mar 29Are Institutions Heavily Invested In China Oilfield Services Limited's (HKG:2883) Shares?
Mar 11Calculating The Intrinsic Value Of China Oilfield Services Limited (HKG:2883)
Feb 25Returns On Capital - An Important Metric For China Oilfield Services (HKG:2883)
Feb 12
Is China Oilfield Services Limited's (HKG:2883) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Jan 31Does China Oilfield Services' (HKG:2883) Share Price Gain of 67% Match Its Business Performance?
Jan 18Are China Oilfield Services's (HKG:2883) Statutory Earnings A Good Guide To Its Underlying Profitability?
Jan 05Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 54,693 | 5,576 | 5,450 | 10,193 | 5 |
| 12/31/2025 | 51,296 | 5,012 | 4,327 | 9,523 | 10 |
| 12/31/2024 | 47,858 | 4,135 | 2,553 | 7,635 | 10 |
| 12/31/2023 | 44,109 | 3,013 | 3,622 | 13,096 | N/A |
| 9/30/2023 | 40,920 | 2,558 | 6,079 | 11,631 | N/A |
| 6/30/2023 | 39,320 | 2,586 | 5,557 | 10,141 | N/A |
| 3/31/2023 | 37,317 | 2,453 | 4,425 | 9,028 | N/A |
| 12/31/2022 | 35,659 | 2,359 | 2,758 | 6,900 | N/A |
| 9/30/2022 | 33,567 | 928 | 3,334 | 6,886 | N/A |
| 6/30/2022 | 31,680 | 617 | 3,559 | 7,223 | N/A |
| 3/31/2022 | 30,099 | 436 | 2,423 | 6,225 | N/A |
| 12/31/2021 | 29,203 | 313 | 3,672 | 7,424 | N/A |
| 9/30/2021 | 26,082 | 2,001 | 3,676 | 8,347 | N/A |
| 6/30/2021 | 25,874 | 1,790 | 1,480 | 5,968 | N/A |
| 3/31/2021 | 25,384 | 1,745 | 866 | 5,340 | N/A |
| 12/31/2020 | 27,650 | 2,703 | 3,363 | 7,545 | N/A |
| 9/30/2020 | 31,250 | 2,538 | 2,772 | 5,100 | N/A |
| 6/30/2020 | 32,084 | 3,243 | 5,528 | 7,791 | N/A |
| 3/31/2020 | 33,396 | 3,611 | 5,537 | 8,154 | N/A |
| 12/31/2019 | 31,135 | 2,502 | 3,966 | 6,968 | N/A |
| 9/30/2019 | 29,562 | 2,466 | 2,927 | 6,064 | N/A |
| 6/30/2019 | 27,369 | 1,419 | 368 | 3,884 | N/A |
| 3/31/2019 | 24,426 | 753 | 2,036 | 5,015 | N/A |
| 12/31/2018 | 21,946 | 71 | 1,652 | 4,172 | N/A |
| 9/30/2018 | 19,458 | -61 | 1,161 | 3,624 | N/A |
| 6/30/2018 | 18,543 | 53 | 2,001 | 4,250 | N/A |
| 3/31/2018 | 17,886 | -51 | 2,119 | 4,447 | N/A |
| 1/1/2018 | 17,516 | 43 | 2,381 | 5,492 | N/A |
| 9/30/2017 | 16,124 | -2,538 | N/A | 3,757 | N/A |
| 6/30/2017 | 15,276 | -3,438 | N/A | 2,833 | N/A |
| 3/31/2017 | 14,836 | -11,087 | N/A | 2,032 | N/A |
| 12/31/2016 | 15,152 | -11,456 | N/A | 2,741 | N/A |
| 9/30/2016 | 16,462 | -9,267 | N/A | 2,818 | N/A |
| 6/30/2016 | 18,294 | -8,224 | N/A | 5,399 | N/A |
| 3/31/2016 | 20,731 | -823 | N/A | 6,505 | N/A |
| 12/31/2015 | 23,654 | 1,074 | N/A | 6,556 | N/A |
| 9/30/2015 | 26,902 | 2,192 | N/A | 7,087 | N/A |
| 6/30/2015 | 29,792 | 3,963 | N/A | 7,043 | N/A |
| 3/31/2015 | 33,269 | 7,052 | N/A | 9,993 | N/A |
| 12/31/2014 | 33,720 | 7,492 | N/A | 10,160 | N/A |
| 9/30/2014 | 32,461 | 7,902 | N/A | 10,472 | N/A |
| 6/30/2014 | 31,529 | 7,960 | N/A | 9,980 | N/A |
| 3/31/2014 | 28,987 | 6,922 | N/A | 9,240 | N/A |
| 12/31/2013 | 27,958 | 6,716 | N/A | 8,463 | N/A |
| 9/30/2013 | 26,614 | 6,093 | N/A | 8,627 | N/A |
| 6/30/2013 | 25,080 | 5,342 | N/A | 8,359 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2883's forecast earnings growth (20.1% per year) is above the savings rate (2%).
Earnings vs Market: 2883's earnings (20.1% per year) are forecast to grow faster than the Hong Kong market (11.4% per year).
High Growth Earnings: 2883's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 2883's revenue (7.1% per year) is forecast to grow slower than the Hong Kong market (7.7% per year).
High Growth Revenue: 2883's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2883's Return on Equity is forecast to be low in 3 years time (10.9%).