Sinopec Oilfield Service (1033) AI Stock Analysis

• Market Cap: $32.88B
• Dividend Yield: N/A
• Average Volume (3M): 244.54M
• Price to Earnings (P/E): 19.8
• Beta (1Y): 0.74
• Revenue Growth: -0.40%
• EPS Growth: 2.61%
• Country: HK
• Employees: 60,162
• Sector: Energy
• Sector Strength: 53
• Industry: Oil & Gas Drilling
• EPS (TTM): 0.01
• Shares Outstanding: 5,410,033,700
• 10 Day Avg. Volume: 184,431,556
• 30 Day Avg. Volume: 244,543,385
• PEG Ratio: 0.11
• Price to Book (P/B): 1.15
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 28.04
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $0.94
• Price Target Upside: 32.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: HK$0.50 ▼(-29.58%Downside)

Sinopec Oilfield Service's overall score is primarily driven by its strong financial performance, with consistent revenue growth and improving profitability. The technical analysis suggests a neutral momentum, and the valuation is moderate without dividend support.

Sinopec Oilfield Service Business Overview & Revenue Model

Company Description

Sinopec Oilfield Service Corporation provides petroleum engineering and technology services. It operates through six segments: Geophysics, Drilling Engineering, Logging and Mud Logging, Special Down-Hole Operations, Engineering Construction, and Others. The Geophysics segment offers terrestrial and marine geophysical exploration, development, and technical services. The Drilling Engineering segment provides land and ocean drilling design, construction, and technical services, as well as drilling instrumentation. The Logging and Mud Logging segment offers land and ocean project contracting and technical services for collection, monitoring, transmission, and processing and interpretation, as well as engages in the evaluation of wellbore oil and gas, geology, and engineering information. The Special Down-Hole Operations segment provides oil engineering technical and construction services, including oil testing, well repair, and lateral drilling, as well as fracturing, acidizing, and oil assignments. The Engineering Construction segment engages in the provision of various services, such as feasibility studies; design, procurement, and construction services for onshore and offshore oil and gas fields, long-distance pipeline projects, oil and gas transporting process projects, storage and transportation projects, petrochemical supporting projects, LNG projects, building construction, water resources and hydropower, ports and waterways, electricity transmission, and distribution projects; manufacturing of pressure vessels; and coal chemical engineering, geothermal utilization, energy saving, and municipal roads and bridges. The company was formerly known as Sinopec Yizheng Chemical Fibre Company Limited and changed its name to Sinopec Oilfield Service Corporation in March 2015. The company is headquartered in Beijing, the People's Republic of China. Sinopec Oilfield Service Corporation is a subsidiary of China Petrochemical Corporation.

How the Company Makes Money

Sinopec Oilfield Service Corporation generates revenue through a variety of service contracts in the oil and gas sector. The company's main revenue streams include providing drilling services, geophysical services, logging and mud logging, cementing, and workover services to both Sinopec Group and other international clients. The company leverages its extensive expertise and technological advancements to secure contracts that range from short-term projects to long-term service agreements. Additionally, Sinopec Oilfield Service benefits from strategic partnerships and alliances within the oil and gas industry, which enable it to enhance its service offerings and expand its market presence. The company's earnings are also significantly influenced by global oil prices and industry demand for exploration and production activities.

Sinopec Oilfield Service Financial Statement Overview

Summary

Sinopec Oilfield Service shows strong financial performance with consistent revenue growth, improved profitability margins, and solid cash flow generation. However, its moderate reliance on debt adds a potential risk factor.

Income Statement

Sinopec Oilfield Service demonstrates strong financial performance with a consistent revenue growth trend from 2020 to TTM 2025. The company maintained healthy gross profit margins around 7-8%, indicating efficient cost management. Net profit margins improved over time, reaching approximately 0.84% in TTM 2025, reflecting enhanced profitability. EBIT and EBITDA margins were stable, contributing to overall positive financial health.

Balance Sheet

The balance sheet reveals a moderate debt-to-equity ratio, consistently above 2.5, indicating a reliance on debt financing but still within manageable levels. Return on Equity (ROE) showed improvement over the years, reaching about 7.44% in TTM 2025, suggesting effective use of equity capital. The equity ratio remained stable, indicating a solid capital structure.

Cash Flow

Cash flow analysis shows robust free cash flow growth from a deficit in 2024 to a positive flow in TTM 2025, indicating improved operational efficiency. The operating cash flow to net income ratio was strong, indicating good cash conversion from profits, while the free cash flow to net income ratio reflected stronger cash generation capabilities.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	80.41B	81.10B	79.98B	73.77B	69.53B	68.07B
Gross Profit	6.31B	6.33B	5.79B	5.77B	5.01B	5.47B
EBITDA	1.89B	5.72B	5.52B	5.17B	4.75B	4.79B
Net Income	672.49M	631.61M	589.22M	475.90M	179.79M	78.98M
Balance Sheet
Total Assets	63.23B	77.34B	75.16B	71.20B	64.05B	61.09B
Cash, Cash Equivalents and Short-Term Investments	1.99B	3.65B	2.82B	1.84B	2.51B	1.55B
Total Debt	24.49B	23.17B	20.54B	20.42B	19.76B	21.21B
Total Liabilities	56.50B	68.69B	67.14B	63.77B	57.19B	54.37B
Stockholders Equity	6.74B	8.65B	8.02B	7.43B	6.86B	6.72B
Cash Flow
Free Cash Flow	3.21B	-580.52M	1.42B	304.87M	2.87B	2.73B
Operating Cash Flow	575.39M	3.10B	5.58B	4.20B	6.21B	4.47B
Investing Cash Flow	-3.55B	-3.46B	-4.06B	-3.95B	-3.25B	-1.60B
Financing Cash Flow	849.09M	1.04B	-558.23M	-1.05B	-1.95B	-2.88B

Sinopec Oilfield Service Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.71
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1033, the sentiment is Positive. The current price of 0.71 is below the 20-day moving average (MA) of 0.73, above the 50-day MA of 0.67, and above the 200-day MA of 0.65, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 51.41 is Neutral, neither overbought nor oversold. The STOCH value of 47.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:1033.

Sinopec Oilfield Service Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1033	65 Neutral	$32.88B	19.77	7.73%	―	-0.40%	2.61%
Sector *	57 Neutral	HK$83.05B	3.63	-2.37%	4.93%	-4.66%	-42.32%
ATONF		$520.14M	19.77	7.26%	1.45%	―	―
CHOLF		$7.24B	8.72	7.81%	3.76%	―	―
JUTOF		$179.22M	6.24	8.83%	―	―	―
2178	47 Neutral	HK$126.05M	―	-9.89%	―	-6.39%	75.82%
1921	39 Underperform	HK$8.10B	1,816.33	-5.55%	0.74%	-16.30%	-156.80%

Sinopec Oilfield Service Corporate Events

Sinopec Oilfield Service Announces Board Composition

Sinopec Oilfield Service Corporation announced the composition of its Board of Directors, highlighting the roles and functions of each member. This announcement reflects the company’s governance structure and could have implications for its strategic direction and operational oversight, potentially impacting stakeholders and industry positioning.

The most recent analyst rating on (HK:1033) stock is a Buy with a HK$0.92 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 Announces Director Resignation

Sinopec Oilfield Service Corporation announced the resignation of Mr. Xu Keyu from his position as a non-executive director, effective July 8, 2025, due to work adjustments. The board expressed gratitude for Mr. Xu’s diligent service, and his departure is not expected to impact the company’s operations or shareholder interests.

The most recent analyst rating on (HK:1033) stock is a Buy with a HK$0.92 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 Reports Strong Shareholder Support at 2025 Meetings

Sinopec Oilfield Service Corporation announced the successful convening of its 2024 Annual General Meeting and the first A and H Shareholders Class Meetings for 2025. The meetings, held in Beijing, saw no rejections to the proposed resolutions, indicating strong shareholder support. The company also highlighted that a significant number of shares were represented at the meetings, reflecting robust engagement from both A and H shareholders. This outcome underscores Sinopec’s stable shareholder relations and potentially strengthens its position in the oilfield services industry.

The most recent analyst rating on (HK:1033) stock is a Buy with a HK$0.92 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 Reports Q1 2025 Results with Increased Profitability

Sinopec Oilfield Service Corporation reported its unaudited first quarter results for 2025, showing a decrease in operating income by 3.7% compared to the previous year, but a significant increase in net profit attributable to equity shareholders by 23%. The company also reported a notable improvement in net cash inflow from operating activities, reversing from an outflow in the same period last year, indicating stronger operational efficiency and financial health.

Sinopec Oilfield Service Announces 2025 H Shareholders Class Meeting

Sinopec Oilfield Service Corporation has announced the first H Shareholders Class Meeting for 2025, scheduled to be held on June 6, 2025, in Beijing. The meeting aims to consider and approve a special resolution authorizing the Board to repurchase domestic and overseas-listed foreign shares of the company, which could impact shareholder value and market perception.

Sinopec Oilfield Service Corporation Announces 2024 AGM with Key Resolutions

Sinopec Oilfield Service Corporation has announced its 2024 Annual General Meeting (AGM) to be held on June 6, 2025, in Beijing. The meeting will address several resolutions, including the approval of the 2024 financial reports, profit distribution plan, and re-appointment of the external auditor. Special resolutions will also be considered, such as authorizing the issuance of debt financing instruments and share repurchase. These resolutions are deemed beneficial for the company and its shareholders, reflecting Sinopec’s strategic focus on financial stability and operational efficiency.

Sinopec Oilfield Service Schedules Board Meeting to Review Q1 2025 Results

Sinopec Oilfield Service Corporation has announced a board meeting scheduled for April 24, 2025, to review and approve the company’s unaudited results for the first quarter of 2025. This meeting is significant as it will provide insights into the company’s financial performance and strategic direction, potentially impacting its market positioning and stakeholder interests.