Sinopec Oilfield Service Corporation
Sinopec Oilfield Service Corporation provides integrated petroleum engineering and oilfield technical services in China. It operates through five segments: Geophysics, Drilling Engineering, Logging and Mud Logging, Special Down-Hole Operations, and Engineering Construction. The Geophysics segment offers terrestrial and marine geophysical exploration, development, and technical services. The Drill… Read more
Sinopec Oilfield Service Corporation - Asset Resilience Ratio
Sinopec Oilfield Service Corporation (YZCFF) has an Asset Resilience Ratio of 0.79% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1996–2023)
This chart shows how Sinopec Oilfield Service Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Sinopec Oilfield Service Corporation's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0% |
| Short-term Investments | $592.15 Million | 0.79% |
| Total Liquid Assets | $592.15 Million | 0.79% |
Asset Resilience Insights
- Limited Liquidity: Sinopec Oilfield Service Corporation maintains only 0.79% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Sinopec Oilfield Service Corporation Industry Peers by Asset Resilience Ratio
Compare Sinopec Oilfield Service Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828 |
Oil & Gas Drilling | 10.37% |
|
Velesto Energy Bhd
KLSE:5243 |
Oil & Gas Drilling | 5.93% |
|
Aban Offshore Limited
NSE:ABAN |
Oil & Gas Drilling | 17.84% |
|
AKITA Drilling Ltd
PINK:AKTAF |
Oil & Gas Drilling | 0.00% |
|
Apexindo Pratama Duta Tbk
JK:APEX |
Oil & Gas Drilling | 0.00% |
|
Archer Limited
PINK:ARHVF |
Oil & Gas Drilling | 0.01% |
|
Awilco Drilling PLC
OTCMKTS:AWLCF |
Oil & Gas Drilling | 0.00% |
|
Borr Drilling Ltd
NYSE:BORR |
Oil & Gas Drilling | 0.06% |
Annual Asset Resilience Ratio for Sinopec Oilfield Service Corporation (1996–2023)
The table below shows the annual Asset Resilience Ratio data for Sinopec Oilfield Service Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.79% | $592.10 Million | $75.16 Billion | +11.14pp |
| 2021-12-31 | -10.35% | $-6.63 Billion | $64.05 Billion | -0.73pp |
| 2020-12-31 | -9.62% | $-5.88 Billion | $61.09 Billion | -0.93pp |
| 2019-12-31 | -8.69% | $-5.39 Billion | $62.07 Billion | -2.64pp |
| 2018-12-31 | -6.05% | $-3.68 Billion | $60.90 Billion | -0.70pp |
| 2017-12-31 | -5.35% | $-3.31 Billion | $61.94 Billion | -1.23pp |
| 2016-12-31 | -4.13% | $-3.07 Billion | $74.49 Billion | -0.08pp |
| 2015-12-31 | -4.05% | $-3.45 Billion | $85.31 Billion | +0.87pp |
| 2014-12-31 | -4.91% | $-3.99 Billion | $81.30 Billion | -4.38pp |
| 2013-12-31 | -0.53% | $-56.11 Million | $10.63 Billion | -5.25pp |
| 2012-12-31 | 4.72% | $525.71 Million | $11.14 Billion | -1.92pp |
| 2010-12-31 | 6.64% | $699.71 Million | $10.53 Billion | +3.39pp |
| 1997-12-31 | 3.26% | $420.00 Million | $12.89 Billion | +3.04pp |
| 1996-12-31 | 0.22% | $30.17 Million | $13.56 Billion | -- |