China Oilfield Services Limited Class H (HK:2883)
:2883
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2883 Stock Chart & Stats
HK$7.42
-HK$0.15(-2.08%)
At close: 4:00 PM EST
HK$7.42
-HK$0.15(-2.08%)
Day’s Range― - ―
52-Week RangeHK$6.16 - HK$11.74
Previous CloseN/A
Volume3.26M
Average Volume (3M)8.93M
Market Cap
HK$56.78B
Enterprise ValueHK$60.66B
Total Cash (Recent Filing)HK$11.73B
Total Debt (Recent Filing)HK$15.52B
Price to Earnings (P/E)15.7
Beta0.61
Next Earnings
Aug 26, 2026EPS Estimate
0.23Next Dividend Ex-DateN/A
Dividend Yield3.59%
Share Statistics
EPS (TTM)0.54
Shares Outstanding1,811,124,000
10 Day Avg. Volume8,780,496
30 Day Avg. Volume8,934,203
Financial Highlights & Ratios
PEG Ratio0.37
Price to Book (P/B)0.64
Price to Sales (P/S)0.60
P/FCF Ratio5.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
HK$11.98Price Target Upside61.46% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.94
Revenue Forecast (FY)HK$52.33B
Bulls Say, Bears Say
Bulls Say
Improving Profitability & MarginsSustained margin expansion and higher gross margins reflect better pricing and cost control across services. This durable improvement boosts earnings quality, funds necessary reinvestment and dividend capacity, and increases resilience to offshore demand cycles over the next several quarters.
Long-term Contracts & Geographic ExpansionWinning multi-year cementing, EPC and framework deals and expanding into Brazil, Kazakhstan and other markets enhances revenue visibility and reduces spot-rate exposure. These structural contract wins diversify end markets and support steadier utilization and cash flows over a multi-quarter horizon.
Stronger Balance Sheet & Lower LeverageMaterial deleveraging and steady equity growth improved financial flexibility, lowering refinancing and solvency risk. A healthier capital structure supports investment in fleet and international contracts and provides capacity to absorb cyclical downturns over the coming months.
Bears Say
Weak Free-Cash-Flow ConversionFree cash flow lags reported earnings and recently turned negative on a growth basis, indicating working-capital swings and higher capex. Poor conversion constrains internal funding for vessels/rigs, limits debt paydown or shareholder returns, and raises funding risk through the next several quarters.
Material FX Exposure & Reported LossesSignificant translation/transaction losses and management consideration of functional-currency changes point to persistent currency risk. FX volatility can materially erode margins and complicate budgeting and comparability for a globally active service provider over a medium-term horizon.
Regional Operational Disruption RiskConflict-driven disruptions in the Middle East have already reduced output and paused some operations, creating persistent regional volatility. Continued interruptions raise the risk of contract delays, lower utilization and elevated operating costs across multiple quarters in key international markets.
China Oilfield Services News
2883 FAQ
What was China Oilfield Services Limited Class H’s price range in the past 12 months?
China Oilfield Services Limited Class H lowest stock price was HK$6.16 and its highest was HK$11.74 in the past 12 months.
What is China Oilfield Services Limited Class H’s market cap?
China Oilfield Services Limited Class H’s market cap is HK$56.78B.
When is China Oilfield Services Limited Class H’s upcoming earnings report date?
China Oilfield Services Limited Class H’s upcoming earnings report date is Aug 26, 2026 which is in 73 days.
How were China Oilfield Services Limited Class H’s earnings last quarter?
China Oilfield Services Limited Class H released its earnings results on Apr 22, 2026. The company reported HK$0.207 earnings per share for the quarter, missing the consensus estimate of HK$0.672 by -HK$0.464.
Is China Oilfield Services Limited Class H overvalued?
According to Wall Street analysts China Oilfield Services Limited Class H’s price is currently Undervalued.
Does China Oilfield Services Limited Class H pay dividends?
China Oilfield Services Limited Class H pays a Annually dividend of HK$0.323 which represents an annual dividend yield of 3.59%. See more information on China Oilfield Services Limited Class H dividends here
What is China Oilfield Services Limited Class H’s EPS estimate?
China Oilfield Services Limited Class H’s EPS estimate is 0.23.
How many shares outstanding does China Oilfield Services Limited Class H have?
China Oilfield Services Limited Class H has 1,811,124,000 shares outstanding.
What happened to China Oilfield Services Limited Class H’s price movement after its last earnings report?
China Oilfield Services Limited Class H reported an EPS of HK$0.207 in its last earnings report, missing expectations of HK$0.672. Following the earnings report the stock price went down -0.919%.
Which hedge fund is a major shareholder of China Oilfield Services Limited Class H?
Currently, no hedge funds are holding shares in HK:2883
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
China Oilfield Services Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-4.63%
12-Months-Change
Fundamentals
Return on Equity
8.25%
Trailing 12-Months
Asset Growth
8.83%
Trailing 12-Months
Company Description
China Oilfield Services Limited Class H
China Oilfield Services Limited (COSL), a subsidiary of China National Offshore Oil Corporation, is headquartered in Sanhe, China, and, along with its various operating units, delivers a comprehensive suite of offshore oilfield services both within Mainland China and across global markets. Its operations are structured into four primary divisions: Drilling Services, Well Services, Marine Support Services, and Geophysical Acquisition and Surveying Services. The Drilling Services segment specializes in offering various drilling rig solutions, including those for jack-up, semi-submersible, modular, and land-based operations. This also encompasses casing and tubing services, alongside the inspection and repair of running pipes, managing a significant fleet comprising 36 jack-up rigs, 12 semi-submersible rigs, and 6 modular rigs. Within Well Services, the company provides an array of essential onshore and offshore support, such as logging, management of drilling and completion fluids, precision directional drilling, cementing, well completion and workover, well stimulation, and optimization strategies for oilfield production. The Marine Support Services division encompasses a wide range of maritime operations, from anchor handling and the towing of drilling rigs or engineering barges to oil lifting, offshore transport, standby duties, firefighting, rescue missions, and oil spill response, boasting a substantial fleet of roughly 130 vessels, including anchor-handling tug/supply vessels, platform supply vessels, multi-purpose vessels, barges, and shuttle tankers. Finally, the Geophysical Acquisition and Surveying Services segment focuses on specialized marine activities like seismic data acquisition, offshore geo-surveying, the processing and interpretation of seismic data, and various underwater engineering tasks, utilizing assets that include 6 seismic vessels, 2 ocean-bottom cable teams, and 5 engineering surveying vessels. COSL also participates in the bond market.
2883 Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed predominantly positive operational momentum: strong Q1 operating profit growth (+22% YoY), improved well-service margins (+2pp to 18.2%) and revenue growth in key segments, plus contract wins and geographic expansion (Brazil, Middle East, Kazakhstan). However, material challenges were highlighted including a sizeable Q1 exchange loss (CNY 303m), increased scheduled maintenance (jackups), Middle East disruptions, and notable oil-price and FX-driven forecasting uncertainty. On balance the operational strength and contract wins outweigh the financial and regional headwinds, though risks remain.View all HK:2883 earnings summaries2883 Stock 12 Month Forecast
Average Price Target
HK$11.98
▲(61.46% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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