Sinopec Oilfield Service (1033) AI Stock Analysis

• Market Cap: $34.33B
• Dividend Yield: N/A
• Average Volume (3M): 62.02M
• Price to Earnings (P/E): 22.6
• Beta (1Y): 0.77
• Revenue Growth: -0.40%
• EPS Growth: 2.61%
• Country: HK
• Employees: 60,162
• Sector: Energy
• Sector Strength: 42
• Industry: Oil & Gas Drilling
• EPS (TTM): 0.04
• Shares Outstanding: 5,410,033,700
• 10 Day Avg. Volume: 30,860,700
• 30 Day Avg. Volume: 62,023,466
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.03
• Enterprise Value/Revenue: 0.44
• Enterprise Value/Gross Profit: 5.58
• Enterprise Value/Ebitda: 18.66
• 1Y Price Target: $1.01
• Price Target Upside: 26.77% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: HK$1.00 ▲(25.00% Upside)

Sinopec Oilfield Service scores a 68, reflecting its solid financial performance and positive technical indicators. The stock's valuation appears reasonable, though the absence of a dividend yield may deter some investors. The company's reliance on debt is a potential risk factor to monitor.

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 primarily through the provision of oilfield services, which include geophysical prospecting, drilling, and related engineering services. The company works closely with its parent company, China Petroleum & Chemical Corporation (Sinopec Group), which is one of the largest oil and gas entities globally, ensuring a stable demand for its services. Revenue streams are diversified across various stages of the oil and gas extraction process, with significant earnings derived from long-term contracts and partnerships with other major international and domestic oil companies. The company's financial performance is influenced by global oil prices, exploration and production activities, and technological advancements in the sector.

Sinopec Oilfield Service Financial Statement Overview

Summary

Sinopec Oilfield Service demonstrates strong financial performance with consistent revenue growth, improving profitability margins, and solid cash flow generation. Despite a moderate reliance on debt financing, the company's financial health remains robust.

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

Sinopec Oilfield Service Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.80
• 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 0.8 is below the 20-day moving average (MA) of 0.81, above the 50-day MA of 0.77, and above the 200-day MA of 0.68, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 51.67 is Neutral, neither overbought nor oversold. The STOCH value of 64.13 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	68 Neutral	$34.33B	22.60	7.44%	―	-0.40%	2.61%
Sector *	65 Neutral	$14.76B	7.27	2.76%	5.59%	4.70%	-62.00%
ATONF	―	$537.94M	14.22	7.26%	1.95%	―	―
CHOLF	―	$7.45B	9.39	7.81%	3.64%	―	―
JUTOF	―	$171.98M	5.52	8.83%	―	―	―
2178	56 Neutral	HK$129.50M	―	-9.89%	―	-6.39%	75.82%
1921	41 Neutral	HK$8.72B	1,816.33	-5.55%	0.69%	-16.30%	-156.80%

Sinopec Oilfield Service Corporate Events

Sinopec Secures Major Pipeline Construction Contract

Sinopec Oilfield Service Corporation’s subsidiary, Sinopec Oil Engineering and Construction Corporation, has secured a significant contract for sections of the Changchun-Shijiazhuang Natural Gas Pipeline project, valued at RMB3.597 billion. This project, which spans approximately 659 kilometers, highlights the company’s expertise in petroleum engineering and construction management. However, the contract is yet to be formally executed, indicating potential uncertainties and risks for investors.

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 to Review Interim Results in Upcoming Board Meeting

Sinopec Oilfield Service Corporation has announced that its board of directors will meet on August 18, 2025, to consider and approve the unaudited interim results for the first half of 2025. This meeting is significant as it will provide insights into the company’s financial performance and could impact its market positioning and stakeholder confidence.

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 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.