China Oilfield Services Limited

SHSC:2883 Stock Report

Market Cap: HK$60.1b

China Oilfield Services Past Earnings Performance

Past criteria checks 5/6

China Oilfield Services has been growing earnings at an average annual rate of 2.7%, while the Energy Services industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 11% per year. China Oilfield Services's return on equity is 7.9%, and it has net margins of 6.6%.

Key information

2.7%

Earnings growth rate

2.9%

EPS growth rate

Energy Services Industry Growth4.2%
Revenue growth rate11.0%
Return on equity7.9%
Net Margin6.6%
Next Earnings Update26 Mar 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How China Oilfield Services makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SHSC:2883 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2448,2633,1851,1441,359
30 Jun 2447,7643,2671,1611,393
31 Mar 2445,8003,2451,1011,352
31 Dec 2344,1093,0131,0981,254
30 Sep 2340,9202,5649991,158
30 Jun 2339,3202,5929771,124
31 Mar 2337,3172,4599751,023
31 Dec 2235,6592,359931978
30 Sep 2233,567928856941
30 Jun 2231,680617810992
31 Mar 2230,099436765970
31 Dec 2129,203313767960
30 Sep 2126,0822,001675866
30 Jun 2125,8741,790697813
31 Mar 2125,3841,745679782
31 Dec 2027,6502,703694769
30 Sep 2031,2502,5381,0401,016
30 Jun 2032,0843,2431,043997
31 Mar 2033,3963,6111,088983
31 Dec 1931,1352,5021,053933
30 Sep 1929,5622,4661,170814
30 Jun 1927,3691,4191,140784
31 Mar 1924,4267531,112753
31 Dec 1821,946711,121742
30 Sep 1819,458-61744704
30 Jun 1818,54353765648
31 Mar 1817,886-51704706
01 Jan 1817,51643676599
30 Sep 1716,124-2,5381,742291
30 Jun 1715,276-3,4381,680186
31 Mar 1714,836-11,0871,7270
31 Dec 1615,152-11,4561,7210
30 Sep 1616,462-9,2671,1440
30 Jun 1618,294-8,2249700
31 Mar 1620,731-8231,1450
31 Dec 1523,6541,0741,1670
30 Sep 1526,9022,1927680
30 Jun 1529,7923,9639440
31 Mar 1533,2697,0528320
31 Dec 1433,7207,4928500
30 Sep 1432,4617,9026840
30 Jun 1431,5297,9607110
31 Mar 1428,9876,9226720
31 Dec 1327,9586,7166380

Quality Earnings: 2883 has high quality earnings.

Growing Profit Margin: 2883's current net profit margins (6.6%) are higher than last year (6.3%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2883's earnings have grown by 2.7% per year over the past 5 years.

Accelerating Growth: 2883's earnings growth over the past year (24.2%) exceeds its 5-year average (2.7% per year).

Earnings vs Industry: 2883 earnings growth over the past year (24.2%) exceeded the Energy Services industry -3.3%.

Return on Equity

High ROE: 2883's Return on Equity (7.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 21:08
End of Day Share Price 2024/12/30 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.