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Sinopec Oilfield Service
(1033)
Sinopec Oilfield Service (1033) vs. iShares MSCI Hong Kong ETF (EWH)
Sinopec Oilfield Service Business Overview & Revenue Model
Sinopec Oilfield Service Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 80.71B | 81.10B | 79.98B | 73.77B | 69.53B |
| Gross Profit | 6.55B | 6.33B | 5.79B | 5.77B | 5.01B |
| EBITDA | 5.66B | 5.72B | 5.52B | 5.17B | 4.75B |
| Net Income | 658.84M | 631.61M | 589.22M | 475.90M | 179.79M |
Balance Sheet | |||||
| Total Assets | 77.25B | 77.34B | 75.16B | 71.20B | 64.05B |
| Cash, Cash Equivalents and Short-Term Investments | 5.01B | 3.65B | 2.82B | 1.84B | 2.51B |
| Total Debt | 29.76B | 23.17B | 20.54B | 20.42B | 19.76B |
| Total Liabilities | 67.99B | 68.69B | 67.14B | 63.77B | 57.19B |
| Stockholders Equity | 9.25B | 8.65B | 8.02B | 7.43B | 6.86B |
Cash Flow | |||||
| Free Cash Flow | 3.88B | -580.52M | 1.42B | 304.87M | 2.87B |
| Operating Cash Flow | 6.65B | 3.10B | 5.58B | 4.20B | 6.21B |
| Investing Cash Flow | -2.53B | -3.46B | -4.06B | -3.95B | -3.25B |
| Financing Cash Flow | -2.84B | 1.04B | -558.23M | -1.05B | -1.95B |
Sinopec Oilfield Service Technical Analysis
Sinopec Oilfield Service Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | HK$77.56B | 6.51 | 8.58% | 3.59% | 2.58% | 7.10% | |
75 Outperform | HK$3.15B | 5.50 | 8.78% | 3.59% | 10.16% | 49.48% | |
66 Neutral | HK$1.18B | 5.79 | 2.87% | 2.83% | -59.96% | -83.53% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
58 Neutral | HK$492.10M | -2.64 | -17.33% | ― | -36.59% | 48.63% | |
56 Neutral | HK$57.40B | 10.60 | 6.84% | ― | 1.90% | -8.51% | |
43 Neutral | HK$9.13B | -249.02 | -1.14% | ― | 4.66% | -432.65% |
Sinopec Oilfield Service Corporate Events
Sinopec Oilfield Service Corporation has received board approval, under a prior shareholder mandate, to register and issue up to RMB5 billion in corporate bonds on the Shanghai Stock Exchange. The bonds, to be issued in tranches with maturities of up to 20 years at a fixed interest rate and par value of RMB100, will be offered publicly to institutional professional investors without additional guarantees.
Proceeds from the bond issuance are earmarked to support production and operational needs, optimize the company’s debt structure, repay interest-bearing liabilities, replenish working capital, and fund equity and project investments allowed under Chinese regulations. The move is intended to broaden the company’s financing channels, lower overall funding costs, and support its high-quality development strategy, potentially strengthening its financial flexibility and competitiveness in the oilfield services sector.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$0.97 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.
Sinopec Oilfield Service Corporation announced its audited annual results for the year ended 31 December 2025, extracted from its 2025 annual report and made available to investors through designated disclosure channels in mainland China and Hong Kong. The disclosure, overseen by the board and senior management who accept responsibility for its accuracy, reinforces the company’s compliance with dual-listing regulatory requirements and provides shareholders with formal access to its 2025 financial performance and operational information.
The announcement specifies key corporate details including legal name, headquarters locations in Beijing, principal contact channels and the officers responsible for board and securities affairs. By detailing where the full annual report can be inspected and which official media and exchange websites carry its disclosures, the company underlines transparency obligations to both A-share and H-share investors and maintains alignment with CSRC and Hong Kong Stock Exchange information standards.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$0.97 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.
Sinopec Oilfield Service Corporation has set a 2026 annual cap of RMB8.0 billion for its continuing related transactions with China Oil & Gas Pipeline Network Corporation, covering pipeline construction, gas station projects, pipeline operation, maintenance, and technical services. The higher cap reflects strong recent business growth with PipeChina, including RMB9.472 billion in new contracts in 2025 and a 42.9% year-on-year rise in 2025 revenue to RMB5.699 billion, and is intended to provide buffer and flexibility for further expansion while maintaining compliance with pricing, governance, and independence requirements.
The board approved the 2026 transaction cap on 16 March 2026, with related directors abstaining and independent non-executive directors unanimously endorsing the resolution, which will still require shareholder approval at the 2025 annual general meeting. The company stressed that these transactions, which are treated as ordinary-course business and not connected transactions under Hong Kong listing rules, are priced via tender to ensure fairness, do not harm minority interests, and will not make its core operations dependent on PipeChina, a state-controlled pipeline operator with substantial assets and profitability.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$0.97 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.
Sinopec Oilfield Service Corporation has secured shareholder approval to continue providing large-scale guarantees for its wholly owned subsidiaries and a Mexican joint venture, aiming to support international market expansion and daily operations. The company will back subsidiaries’ use of its credit facilities and provide performance guarantees for their oilfield service contracts, with joint and several guarantee caps of RMB31.5 billion for credit support, RMB40.7 billion for performance obligations, and up to US$275 million for its Mexico DS joint venture, with the authority to implement these guarantees delegated from the general meeting to the board and management through the 2026 annual general meeting.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$0.97 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.
Sinopec Oilfield Service Corporation has issued a clarification regarding a previously announced board meeting, correcting a clerical error in the English version of its 2 March 2026 notice. The company confirmed that the board meeting will take place on Monday, 16 March 2026, instead of Tuesday, 16 March 2026, ensuring accurate scheduling information for investors and other stakeholders.
The clarification is limited to the rectification of the meeting date and does not change the substance or agenda of the planned board session. By promptly addressing the discrepancy, the company aims to maintain transparent communication with the market and avoid potential confusion over its corporate governance timetable.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$0.97 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.
Sinopec Oilfield Service Corporation has scheduled a board meeting for 16 March 2026 to review and approve the audited annual results for the year ended 31 December 2025 and arrange for their publication. The meeting will also address other potential business matters, signaling the upcoming disclosure of the company’s financial performance to investors and the market.
The announcement, issued from Beijing and signed by company secretary Shen Zehong, confirms the current composition of the board, including executive, non-executive and independent non-executive directors. This reinforces the company’s governance structure ahead of its annual results release, which will be closely watched by shareholders and other stakeholders.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$0.97 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.
Sinopec Oilfield Service Corporation reported the voting results of its first extraordinary general meeting of 2025, held in Beijing on 18 December 2025 with both in-person and online participation for A-shareholders. Shareholders and proxies representing approximately 55.69% of the company’s issued share capital with voting rights attended the meeting, and all resolutions put to vote were passed without any objections recorded. The company noted high participation from A shareholders relative to H shareholders, and confirmed that the meeting’s convening, procedures and voting complied with PRC company law and its Articles of Association, underscoring its adherence to corporate governance and listing-rule requirements.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.
Sinopec Oilfield Service Corporation has announced the current composition of its board of directors, distinguishing between executive, non-executive, and independent non-executive members. The company also detailed the membership and leadership structure of its four key board committees—Strategy, Nomination, Audit and Remuneration—clarifying the allocation of chair and member roles among directors, a move that enhances transparency in corporate governance and provides investors with greater visibility into oversight responsibilities at the board level.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.
Sinopec Oilfield Service Corporation has revised its Rules of Procedure for General Meetings, as approved at the company’s first extraordinary general shareholders’ meeting of 2025 held on 18 December 2025. The updated document sets out detailed provisions on the functions and powers of the general meeting, the types of meetings, and step-by-step procedures covering proposal submission, notice, convening, registration, voting and resolution, and other supplementary rules, signaling a further standardisation of its corporate governance framework and shareholder meeting processes.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.
Sinopec Oilfield Service Corporation has revised its Rules of Procedure for the Board, with the updated governance framework approved at the company’s first extraordinary general shareholders’ meeting of 2025 held on 18 December 2025. The revised document, which sets out the functions, powers and authority of the board, as well as detailed rules for convening, conducting and disclosing board meetings and implementing board resolutions, aims to standardise and strengthen the company’s board operations and decision-making processes, signalling an ongoing emphasis on corporate governance and regulatory compliance for shareholders and other stakeholders.
The most recent analyst rating on (HK:1033) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Sinopec Oilfield Service stock, see the HK:1033 Stock Forecast page.