China Oilfield Services Limited Logo

China Oilfield Services Limited

2883.HK

(3.0)
Stock Price

6,38 HKD

3.16% ROA

6.41% ROE

12.93x PER

Market Cap.

56.487.166.433,70 HKD

55.47% DER

2.3% Yield

6.26% NPM

China Oilfield Services Limited Stock Analysis

China Oilfield Services Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

China Oilfield Services Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.92x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

ROE in an average range (6.41%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (3.16%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 DER

The stock maintains a fair debt to equity ratio (55%), indicating a reasonable balance between the money it owes and the ownership it possesses.

6 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

8 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

9 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

10 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (273), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

China Oilfield Services Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

China Oilfield Services Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

China Oilfield Services Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

China Oilfield Services Limited Revenue
Year Revenue Growth
2002 1.997.475.515
2003 3.336.070.724 40.12%
2004 3.941.456.194 15.36%
2005 4.929.099.815 20.04%
2006 6.524.160.913 24.45%
2007 9.241.894.832 29.41%
2008 12.430.252.591 25.65%
2009 18.345.401.415 32.24%
2010 18.059.856.834 -1.58%
2011 18.906.035.122 4.48%
2012 22.628.517.876 16.45%
2013 27.957.934.826 19.06%
2014 33.720.185.311 17.09%
2015 23.653.980.112 -42.56%
2016 15.152.185.410 -56.11%
2017 17.436.414.048 13.1%
2018 21.945.877.580 20.55%
2019 31.135.149.996 29.51%
2020 28.959.198.513 -7.51%
2021 29.203.002.067 0.83%
2022 35.658.895.687 18.1%
2023 42.534.541.048 16.16%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

China Oilfield Services Limited Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 599.033.304 100%
2018 742.102.607 19.28%
2019 932.656.023 20.43%
2020 769.253.295 -21.24%
2021 960.368.086 19.9%
2022 978.105.413 1.81%
2023 989.041.940 1.11%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

China Oilfield Services Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 89.832.763
2003 164.913.118 45.53%
2004 180.809.365 8.79%
2005 196.007.237 7.75%
2006 222.943.273 12.08%
2007 284.383.687 21.6%
2008 378.653.079 24.9%
2009 427.995.982 11.53%
2010 159.487.402 -168.36%
2011 155.729.273 -2.41%
2012 198.445.322 21.53%
2013 199.278.553 0.42%
2014 242.493.169 17.82%
2015 196.079.554 -23.67%
2016 153.502.184 -27.74%
2017 142.864.939 -7.45%
2018 158.874.224 10.08%
2019 161.384.036 1.56%
2020 166.560.218 3.11%
2021 126.646.803 -31.52%
2022 155.795.515 18.71%
2023 2.170.362.368 92.82%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

China Oilfield Services Limited EBITDA
Year EBITDA Growth
2002 679.930.595
2003 1.234.321.217 44.91%
2004 1.480.444.291 16.62%
2005 1.611.748.304 8.15%
2006 2.323.008.106 30.62%
2007 3.782.034.117 38.58%
2008 4.718.273.215 19.84%
2009 7.911.928.432 40.37%
2010 8.587.843.542 7.87%
2011 8.162.014.349 -5.22%
2012 9.076.843.895 10.08%
2013 11.304.437.983 19.71%
2014 13.135.602.907 13.94%
2015 7.732.885.771 -69.87%
2016 1.598.831.821 -383.66%
2017 5.594.656.029 71.42%
2018 5.834.335.245 4.11%
2019 9.647.044.250 39.52%
2020 9.900.143.085 2.56%
2021 7.879.467.501 -25.64%
2022 7.921.214.990 0.53%
2023 6.073.502.092 -30.42%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

China Oilfield Services Limited Gross Profit
Year Gross Profit Growth
2002 429.170.930
2003 868.870.510 50.61%
2004 1.010.827.160 14.04%
2005 1.124.642.249 10.12%
2006 1.775.780.024 36.67%
2007 3.351.459.645 47.01%
2008 4.500.346.222 25.53%
2009 6.656.459.017 32.39%
2010 6.343.164.953 -4.94%
2011 6.007.976.610 -5.58%
2012 6.682.329.269 10.09%
2013 8.769.985.836 23.8%
2014 10.257.685.289 14.5%
2015 4.326.494.840 -137.09%
2016 -2.143.613.105 301.83%
2017 1.920.458.022 211.62%
2018 2.402.198.771 20.05%
2019 5.843.606.585 58.89%
2020 6.674.841.165 12.45%
2021 4.793.709.938 -39.24%
2022 4.377.685.962 -9.5%
2023 7.603.231.340 42.42%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

China Oilfield Services Limited Net Profit
Year Net Profit Growth
2002 209.465.479
2003 465.904.545 55.04%
2004 701.727.616 33.61%
2005 820.996.496 14.53%
2006 1.128.011.432 27.22%
2007 2.237.583.857 49.59%
2008 3.102.241.149 27.87%
2009 3.135.316.585 1.05%
2010 4.128.494.256 24.06%
2011 4.039.277.109 -2.21%
2012 4.559.353.730 11.41%
2013 6.715.967.063 32.11%
2014 7.492.057.527 10.36%
2015 1.073.907.130 -597.64%
2016 -11.456.186.318 109.37%
2017 33.067.087 34745.28%
2018 70.802.324 53.3%
2019 2.502.238.023 97.17%
2020 2.703.186.710 7.43%
2021 313.175.553 -763.15%
2022 2.352.625.065 86.69%
2023 3.737.397.268 37.05%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

China Oilfield Services Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 1 0%
2008 1 0%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 100%
2013 1 0%
2014 2 0%
2015 0 0%
2016 -2 100%
2017 0 0%
2018 0 0%
2019 1 0%
2020 1 0%
2021 0 0%
2022 0 0%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

China Oilfield Services Limited Free Cashflow
Year Free Cashflow Growth
2002 49.408.912
2003 -161.590.536 130.58%
2004 -112.165.866 -44.06%
2005 -818.781.445 86.3%
2006 41.839.944 2056.94%
2007 -164.126.328 125.49%
2008 -3.593.909.487 95.43%
2009 -1.793.808.164 -100.35%
2010 3.421.170.374 152.43%
2011 1.752.844.154 -95.18%
2012 5.095.940.801 65.6%
2013 6.901.332 -73739.96%
2014 309.711.167 97.77%
2015 687.532.017 54.95%
2016 594.616.009 -15.63%
2017 2.366.197.625 74.87%
2018 1.652.343.806 -43.2%
2019 3.966.047.438 58.34%
2020 3.363.347.989 -17.92%
2021 3.671.879.035 8.4%
2022 2.757.600.692 -33.15%
2023 1.770.995.604 -55.71%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

China Oilfield Services Limited Operating Cashflow
Year Operating Cashflow Growth
2002 606.720.255
2003 962.287.010 36.95%
2004 1.503.044.525 35.98%
2005 1.261.682.440 -19.13%
2006 1.822.022.095 30.75%
2007 2.964.278.038 38.53%
2008 4.036.661.870 26.57%
2009 5.604.864.896 27.98%
2010 7.855.069.604 28.65%
2011 6.348.837.904 -23.72%
2012 8.738.856.411 27.35%
2013 8.463.186.525 -3.26%
2014 10.159.659.200 16.7%
2015 6.556.226.086 -54.96%
2016 2.740.648.360 -139.22%
2017 5.474.484.480 49.94%
2018 4.172.361.650 -31.21%
2019 6.968.341.176 40.12%
2020 7.545.247.305 7.65%
2021 7.423.856.817 -1.64%
2022 6.899.886.329 -7.59%
2023 3.107.248.552 -122.06%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

China Oilfield Services Limited Capital Expenditure
Year Capital Expenditure Growth
2002 557.311.343
2003 1.123.877.546 50.41%
2004 1.615.210.391 30.42%
2005 2.080.463.885 22.36%
2006 1.780.182.151 -16.87%
2007 3.128.404.366 43.1%
2008 7.630.571.357 59%
2009 7.398.673.060 -3.13%
2010 4.433.899.230 -66.87%
2011 4.595.993.750 3.53%
2012 3.642.915.610 -26.16%
2013 8.456.285.193 56.92%
2014 9.849.948.033 14.15%
2015 5.868.694.069 -67.84%
2016 2.146.032.351 -173.47%
2017 3.108.286.855 30.96%
2018 2.520.017.844 -23.34%
2019 3.002.293.738 16.06%
2020 4.181.899.316 28.21%
2021 3.751.977.782 -11.46%
2022 4.142.285.637 9.42%
2023 1.336.252.948 -209.99%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

China Oilfield Services Limited Equity
Year Equity Growth
2002 6.128.257.087
2003 6.545.135.632 6.37%
2004 7.064.672.822 7.35%
2005 7.654.739.822 7.71%
2006 8.618.611.276 11.18%
2007 17.225.007.795 49.96%
2008 19.797.844.160 13%
2009 22.305.604.645 11.24%
2010 25.589.576.627 12.83%
2011 28.458.564.758 10.08%
2012 32.193.909.747 11.6%
2013 37.238.661.648 13.55%
2014 47.272.634.158 21.23%
2015 46.741.378.424 -1.14%
2016 35.206.366.815 -32.76%
2017 34.554.853.096 -1.89%
2018 34.677.405.861 0.35%
2019 36.910.277.224 6.05%
2020 38.688.807.570 4.6%
2021 38.216.329.797 -1.24%
2022 39.898.084.045 4.22%
2023 41.663.762.934 4.24%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

China Oilfield Services Limited Assets
Year Assets Growth
2002 8.018.501.467
2003 8.298.869.448 3.38%
2004 9.153.234.927 9.33%
2005 9.695.573.163 5.59%
2006 13.133.411.430 26.18%
2007 23.089.080.090 43.12%
2008 56.659.118.622 59.25%
2009 60.933.336.545 7.01%
2010 63.593.332.259 4.18%
2011 65.001.674.230 2.17%
2012 74.709.543.277 12.99%
2013 79.262.282.415 5.74%
2014 86.874.307.141 8.76%
2015 93.525.051.400 7.11%
2016 80.544.056.969 -16.12%
2017 73.857.272.152 -9.05%
2018 74.687.004.562 1.11%
2019 76.101.838.171 1.86%
2020 75.942.306.992 -0.21%
2021 73.311.707.720 -3.59%
2022 77.184.090.584 5.02%
2023 81.783.998.464 5.62%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

China Oilfield Services Limited Liabilities
Year Liabilities Growth
2002 1.890.244.380
2003 1.753.733.816 -7.78%
2004 2.088.562.105 16.03%
2005 2.040.833.341 -2.34%
2006 4.514.800.154 54.8%
2007 5.864.072.295 23.01%
2008 36.861.274.462 84.09%
2009 38.627.731.900 4.57%
2010 38.003.407.564 -1.64%
2011 36.542.520.573 -4%
2012 42.504.629.554 14.03%
2013 42.002.479.868 -1.2%
2014 39.552.208.030 -6.2%
2015 46.696.380.927 15.3%
2016 45.247.679.954 -3.2%
2017 39.179.491.628 -15.49%
2018 40.009.598.701 2.07%
2019 39.191.560.947 -2.09%
2020 37.253.499.422 -5.2%
2021 35.095.377.923 -6.15%
2022 37.286.006.539 5.88%
2023 40.120.235.530 7.06%

China Oilfield Services Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
8.77
Net Income per Share
0.55
Price to Earning Ratio
12.93x
Price To Sales Ratio
1.38x
POCF Ratio
6.56
PFCF Ratio
-112.63
Price to Book Ratio
0.81
EV to Sales
1.72
EV Over EBITDA
16.06
EV to Operating CashFlow
13.96
EV to FreeCashFlow
-140.61
Earnings Yield
0.08
FreeCashFlow Yield
-0.01
Market Cap
56,49 Bil.
Enterprise Value
70,52 Bil.
Graham Number
10.41
Graham NetNet
-3.15

Income Statement Metrics

Net Income per Share
0.55
Income Quality
7.28
ROE
0.06
Return On Assets
0.03
Return On Capital Employed
0.06
Net Income per EBT
0.73
EBT Per Ebit
0.99
Ebit per Revenue
0.09
Effective Tax Rate
0.19

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.03
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.14
Operating Profit Margin
0.09
Pretax Profit Margin
0.09
Net Profit Margin
0.06

Dividends

Dividend Yield
0.02
Dividend Yield %
2.3
Payout Ratio
0.71
Dividend Per Share
0.18

Operating Metrics

Operating Cashflow per Share
1.08
Free CashFlow per Share
-0.11
Capex to Operating CashFlow
-1.1
Capex to Revenue
-0.14
Capex to Depreciation
0
Return on Invested Capital
0.04
Return on Tangible Assets
0.03
Days Sales Outstanding
168.8
Days Payables Outstanding
119.87
Days of Inventory on Hand
28.49
Receivables Turnover
2.16
Payables Turnover
3.05
Inventory Turnover
12.81
Capex per Share
-1.19

Balance Sheet

Cash per Share
2,12
Book Value per Share
8,77
Tangible Book Value per Share
8.8
Shareholders Equity per Share
8.77
Interest Debt per Share
5.06
Debt to Equity
0.55
Debt to Assets
0.28
Net Debt to EBITDA
3.2
Current Ratio
1.49
Tangible Asset Value
41,06 Bil.
Net Current Asset Value
-6,35 Bil.
Invested Capital
0.55
Working Capital
11,08 Bil.
Intangibles to Total Assets
0.01
Average Receivables
18,46 Bil.
Average Payables
11,56 Bil.
Average Inventory
2739992858.5
Debt to Market Cap
0.4

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

China Oilfield Services Limited Dividends
Year Dividends Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

China Oilfield Services Limited Profile

About China Oilfield Services Limited

China Oilfield Services Limited, together with its subsidiaries, provides integrated offshore oilfield services in Mainland China and internationally. The company operates through four segments: Drilling Services, Well Services, Marine Support Services, and Geophysical Acquisition and Surveying Services. The Drilling Services segment provides jack-up drilling rig, semi-submersible drilling rig, modular rig, and land drilling rig services; and casting and tubing, and running pipe inspection and repair services. This segment operates and manages 36 jack-up drilling rigs, 12 semi-submersible drilling rigs, and 6 modular rigs. The Well Services segment offers onshore and offshore well services, including logging, drilling and completion fluids, directional drilling, cementing, well completion and workover, stimulation, and oilfield production optimization. The Marine Support Services segment offers anchor handling, towing of drilling rigs/engineering barges, oil lifting, offshore transportation, standby, firefighting, rescue, oil spill assisting, and other marine support services. It operates and manages approximately 130 vessels, including anchor-handling tug/supply, platform supply, and multi-purpose vessels, as well as barges and shuttle-tankers. The Geophysical Acquisition and Surveying Services segment provides marine seismic acquisition, offshore geo-surveying, seismic data processing and interpretation, and underwater engineering services. This segment owns 6 seismic vessels, 2 ocean bottle cable teams, and 5 engineering surveying vessels. China Oilfield Services Limited also issues bonds. The company is based in Sanhe, China. China Oilfield Services Limited is a subsidiary of China National Offshore Oil Corporation.

CEO
Mr. Shunqiang Zhao
Employee
15.151
Address
201 Haiyou Avenue
Sanhe, 065201

China Oilfield Services Limited Executives & BODs

China Oilfield Services Limited Executives & BODs
# Name Age
1 Mr. Tao Lu
President, Deputy Party Secretary & Executive Director
70
2 Mr. Weizhou Sun
Vice President, General Legal Counsel, Chief Compliance Officer & Secretary of the Board
70
3 Ms. Sau Mei Ng ACIS, ACS, FCIS, FCS
Joint Company Secretary
70
4 Mr. Shunqiang Zhao
Executive Chairman & Chief Executive Officer
70
5 Ms. Xiaojie Chong
Chief Financial Officer
70
6 Mr. Min Xiong
Executive Director
70
7 Mr. Jie Shang
Chief Engineer
70

China Oilfield Services Limited Competitors