Sinopec Oilfield Service Corporation

SZSC:1033 Stock Report

Market Cap: HK$33.7b

Sinopec Oilfield Service Past Earnings Performance

Past criteria checks 4/6

Sinopec Oilfield Service has been growing earnings at an average annual rate of 8.4%, while the Energy Services industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 3.6% per year. Sinopec Oilfield Service's return on equity is 9.1%, and it has net margins of 1%.

Key information

8.4%

Earnings growth rate

8.4%

EPS growth rate

Energy Services Industry Growth4.2%
Revenue growth rate3.6%
Return on equity9.1%
Net Margin1.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

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

Earnings and Revenue History

SZSC:1033 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2479,0238222,2732,289
30 Jun 2479,6697152,1372,385
31 Mar 2480,5736222,2332,385
31 Dec 2379,9815892,3242,084
30 Sep 2378,6616342,2021,884
30 Jun 2377,7585952,2151,987
31 Mar 2376,3675472,3531,739
31 Dec 2273,7734762,3601,839
30 Sep 2273,7741452,4202,168
30 Jun 2271,112182,5221,988
31 Mar 2270,281882,3091,894
31 Dec 2169,5331802,2201,670
30 Sep 2168,3591682,0361,144
30 Jun 2168,2111492,1151,099
31 Mar 2169,8054272,4301,288
31 Dec 2068,073792,4511,370
30 Sep 2068,6984232,4231,314
30 Jun 2071,0477032,5991,334
31 Mar 2069,2805442,4721,199
31 Dec 1969,8709142,4401,194
30 Sep 1968,8284252,9151,344
30 Jun 1965,0122512,7671,168
31 Mar 1961,6003002,564972
31 Dec 1858,4091422,818929
30 Sep 1855,748-6,8443,725666
30 Jun 1852,405-7,9033,907707
31 Mar 1850,046-9,2144,533638
31 Dec 1748,594-10,5904,576518
30 Sep 1745,169-10,5634,026120
30 Jun 1744,076-13,8914,28351
31 Mar 1743,228-15,7754,0660
31 Dec 1642,924-16,1154,1290
30 Sep 1651,550-6,7743,9010
30 Jun 1655,918-3,1053,7400
31 Mar 1657,725-1,2923,7430
31 Dec 1560,349243,7500
30 Sep 1568,502-4883,4940
30 Jun 1575,4935374,2910
31 Mar 1587,4766014,3700
31 Dec 1494,4811,2304,6430
30 Jun 14131,8398826,5400
31 Mar 14107,8701,8035,7420
31 Dec 1389,7291,5154,7220

Quality Earnings: 1033 has a large one-off gain of CN¥351.5M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 1033's current net profit margins (1%) are higher than last year (0.8%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1033 has become profitable over the past 5 years, growing earnings by 8.4% per year.

Accelerating Growth: 1033's earnings growth over the past year (29.6%) exceeds its 5-year average (8.4% per year).

Earnings vs Industry: 1033 earnings growth over the past year (29.6%) exceeded the Energy Services industry -3.3%.

Return on Equity

High ROE: 1033's Return on Equity (9.1%) 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 Analysis2024/12/25 15:58
End of Day Share Price 2024/12/24 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

Sinopec Oilfield Service Corporation is covered by 22 analysts. 2 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
Xiaoyu YuBNP Paribas Securities (Asia)
Cho Ming LauBOCI Research Ltd.