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China Oilfield Services SHSC:2883 Stock Report

Last Price

HK$6.82

Market Cap

HK$59.1b

7D

4.0%

1Y

-14.5%

Updated

28 Dec, 2024

Data

Company Financials +

China Oilfield Services Limited

SHSC:2883 Stock Report

Market Cap: HK$59.1b

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
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

China Oilfield Services Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for China Oilfield Services
Historical stock prices
Current Share PriceHK$6.82
52 Week HighHK$10.00
52 Week LowHK$6.11
Beta1.07
1 Month Change0.29%
3 Month Change1.79%
1 Year Change-14.54%
3 Year Change-0.15%
5 Year Change-45.53%
Change since IPO-55.07%

Recent News & Updates

Recent updates

Shareholder Returns

2883HK Energy ServicesHK Market
7D4.0%1.9%2.1%
1Y-14.5%2.5%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

Is 2883's price volatile compared to industry and market?
2883 volatility
2883 Average Weekly Movement6.3%
Energy Services Industry Average Movement12.5%
Market Average Movement8.6%
10% most volatile stocks in HK Market18.6%
10% least volatile stocks in HK Market3.9%

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

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$59.14b
Earnings (TTM)HK$3.39b
Revenue (TTM)HK$51.33b

9.6x

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

Mar 26, 2025

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

3.3%

Current Dividend Yield

32%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 04:39
End of Day Share Price 2024/12/27 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

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.

AnalystInstitution
Clement ChenBarclays
Yong Liang PorBNP Paribas Securities (Asia)
Cho Ming LauBOCI Research Ltd.