Sinopec Oilfield Service Corporation logo

Sinopec Oilfield Service Corporation

1033.HK

HKSEEnergyOil & Gas Drilling

Latest quote

HK$0.66

−HK$0.01 · -1.49%

Aug 24, 11:58 AM HKT

1033.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Sinopec Oilfield Service Corporation delivers a comprehensive suite of engineering and technological services to the petroleum sector. Its diverse operations are structured into six principal divisions: The Geophysics division specializes in both land and sea-based subsurface exploration and development, providing related technical expertise. The Drilling Engineering unit covers the planning, execution, and technical support for drilling operations on land and offshore, along with supplying necessary drilling equipment. The Logging and Mud Logging segment manages onshore and offshore projects that involve gathering, monitoring, transmitting, processing, and interpreting subsurface data, critical for evaluating oil, gas, geological formations, and engineering specifics within wellbores. Special Down-Hole Operations focuses on delivering specialized technical and construction interventions within the wellbore, encompassing services like well testing, repairs, horizontal drilling, fracturing, acid treatments, and other bespoke assignments. The Engineering Construction division offers extensive services from initial feasibility studies through to design, procurement, and actual construction. This covers a vast array of undertakings including onshore and offshore oil and gas developments, extensive pipeline networks, oil and gas processing and transportation infrastructure, storage facilities, petrochemical support structures, liquefied natural gas (LNG) facilities, general building construction, water resource and hydroelectric power initiatives, port and waterway improvements, and electrical transmission and distribution systems. Furthermore, this segment is involved in manufacturing pressure vessels, coal chemical engineering, harnessing geothermal energy, implementing energy efficiency measures, and developing municipal roads and bridges. Tracing its roots back to Sinopec Yizheng Chemical Fibre Company Limited before its rebranding in March 2015, the firm is headquartered in Beijing, China, and functions as a subsidiary of the China Petrochemical Corporation.

Industry
Oil & Gas Drilling
Sector
Energy
Headquarters
CN
CEO
Jiankuo Zhang
Listed since
Mar 29, 1994
Employees
60,162

Market position

Day range

Current HK$0.66

52-week range

Current HK$0.66

Open
HK$0.665
Previous close
HK$0.67
Volume
10.29M
0.21× average
Average volume
49.27M
Average daily volume
Market cap
34.25B HKD
Beta
0.57
Market reference 1
50-day average
HK$0.6277
+5.15% above average
200-day average
HK$0.7886
-16.31% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
36.59B CNY
P/E (TTM)
61.56×
P/B (TTM)
4.19×
P/S (TTM)
0.37×
EV / EBITDA
6.47×
Earnings yield
5.57%
Free cash flow yield
32.80%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
8.10%
Operating margin
2.53%
Net margin
0.83%
Return on equity
7.12%
Return on assets
0.85%
Return on invested capital
2.60%

Financial health

Debt / equity
3.4×
Current ratio
0.67×
Altman Z-score
1.21
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends9%6%3%-1%Gross margin, FY2021: 7.21%Gross margin, FY2022: 7.82%Gross margin, FY2023: 7.24%Gross margin, FY2024: 7.81%Gross margin, FY2025: 8.12%Operating margin, FY2021: 1.65%Operating margin, FY2022: 1.94%Operating margin, FY2023: 1.13%Operating margin, FY2024: 1.28%Operating margin, FY2025: 2.30%Net margin, FY2021: 0.26%Net margin, FY2022: 0.65%Net margin, FY2023: 0.74%Net margin, FY2024: 0.78%Net margin, FY2025: 0.82%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 7.21%. Gross margin FY2022 7.82%. Gross margin FY2023 7.24%. Gross margin FY2024 7.81%. Gross margin FY2025 8.12%. Operating margin FY2021 1.65%. Operating margin FY2022 1.94%. Operating margin FY2023 1.13%. Operating margin FY2024 1.28%. Operating margin FY2025 2.30%. Net margin FY2021 0.26%. Net margin FY2022 0.65%. Net margin FY2023 0.74%. Net margin FY2024 0.78%. Net margin FY2025 0.82%.

Income trends

Revenue

80.71B CNY-0.47%

Operating income

1.86B CNY+79.41%

Net income

658.84M CNY+4.31%
Income trends across reported periods89.19B CNY56.82B CNY24.45B CNY−7.91B CNYRevenue, FY2021: 69.53B CNYRevenue, FY2022: 73.77B CNYRevenue, FY2023: 79.98B CNYRevenue, FY2024: 81.1B CNYRevenue, FY2025: 80.71B CNYOperating income, FY2021: 1.15B CNYOperating income, FY2022: 1.43B CNYOperating income, FY2023: 899.97M CNYOperating income, FY2024: 1.04B CNYOperating income, FY2025: 1.86B CNYNet income, FY2021: 179.79M CNYNet income, FY2022: 475.9M CNYNet income, FY2023: 589.22M CNYNet income, FY2024: 631.61M CNYNet income, FY2025: 658.84M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 69.53B CNY. Revenue FY2022 73.77B CNY. Revenue FY2023 79.98B CNY. Revenue FY2024 81.1B CNY. Revenue FY2025 80.71B CNY. Operating income FY2021 1.15B CNY. Operating income FY2022 1.43B CNY. Operating income FY2023 899.97M CNY. Operating income FY2024 1.04B CNY. Operating income FY2025 1.86B CNY. Net income FY2021 179.79M CNY. Net income FY2022 475.9M CNY. Net income FY2023 589.22M CNY. Net income FY2024 631.61M CNY. Net income FY2025 658.84M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue80.71B CNY81.1B CNY79.98B CNY73.77B CNY69.53B CNY
Cost of goods sold74.16B CNY74.76B CNY74.19B CNY68B CNY64.52B CNY
Gross profit6.55B CNY6.33B CNY5.79B CNY5.77B CNY5.01B CNY
Research and development2.28B CNY2.25B CNY2.08B CNY1.84B CNY1.67B CNY
Selling, general, and administrative573.2M CNY585.07M CNY632.65M CNY659.34M CNY621.67M CNY
Operating expenses4.69B CNY5.3B CNY4.89B CNY4.44B CNY3.91B CNY
Interest income73.32M CNY63.11M CNY23.65M CNY15.41M CNY38.18M CNY
Interest expense730.9M CNY710.26M CNY762.56M CNY704.3M CNY726.76M CNY
Depreciation and amortization3.73B CNY3.88B CNY3.83B CNY3.79B CNY3.59B CNY
Operating income1.86B CNY1.04B CNY899.97M CNY1.43B CNY1.15B CNY
Net income658.84M CNY631.61M CNY589.22M CNY475.9M CNY179.79M CNY

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.05

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.090.040-0.04Q4 '23Q2 '24Q3 '24Q4 '24Q4 '24Q2 '25Q3 '25Q3 '26
Q4 2023, reported Dec 31, 2023: actual 0.009, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 25, 2024: actual 0.01, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 19, 2024: actual 0.043, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 24, 2024: actual 0.013, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual -0.002, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 24, 2025: actual 0.013, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 18, 2025: actual 0.044, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 17, 2026: actual 0.046, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates45.44B35.99B26.54B17.09BQ4 '23Q2 '24Q3 '24Q4 '24Q4 '24Q2 '25Q3 '25Q3 '26
Q4 2023, reported Dec 31, 2023: actual 26.72B HKD, estimate —, surprise —, Comparison unavailable. Q2 2024, reported Apr 25, 2024: actual 20.05B HKD, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 19, 2024: actual 39.56B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Oct 24, 2024: actual 19.99B HKD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Dec 31, 2024: actual 27.88B HKD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported Apr 24, 2025: actual 19.05B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 18, 2025: actual 40.6B HKD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 17, 2026: actual 43.49B HKD, estimate —, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.0245

2012 complete year+145.5% since 2003

Corporate action history

Dividend

Ex-dividend Jul 4, 2012

HK$0.0368

Annual

Dividend

Ex-dividend May 5, 2011

HK$0.036

Annual

Dividend

Ex-dividend May 26, 2005

HK$0.025

Annual

Dividend

Ex-dividend May 27, 2004

HK$0.025

Annual

Dividend

Ex-dividend May 23, 2003

HK$0.015

Annual

Dividend

Ex-dividend May 27, 2002

HK$0.02

Annual

1033.HK peers

ETFs holding 1033.HK

Funds reporting this stock among their holdings, ordered by reported position size.

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