Sinopec Oilfield Service Corp Asset Resilience Ratio
Sinopec Oilfield Service Corp asset resilience ratio. Sinopec Oilfield Service Corp (600871) has an Asset Resilience Ratio of 0.06% as of December 2018. 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. Read 600871 total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Sinopec Oilfield Service Corp (1996–2018)
Asset resilience ratio of Sinopec Oilfield Service Corp from 1996 to 2018. This chart shows how Sinopec Oilfield Service Corp's Asset Resilience Ratio has changed over time. See cash generation quality of Sinopec Oilfield Service Corp to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Sinopec Oilfield Service Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see 600871 total asset value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥35.41 Million | 0.06% |
| Total Liquid Assets | CN¥35.41 Million | 0.06% |
Asset Resilience Insights
- Limited Liquidity: Sinopec Oilfield Service Corp maintains only 0.06% 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 Corp Industry Peers by Asset Resilience Ratio
Compare Sinopec Oilfield Service Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Odfjell Drilling Ltd
OL:ODL |
Oil & Gas Drilling | 0.07% |
|
Northern Ocean Ltd
OL:NOL |
Oil & Gas Drilling | 5.54% |
|
Deep Value Driller AS
OL:DVD |
Oil & Gas Drilling | 12.91% |
|
Stampede Drilling Inc
V:SDI |
Oil & Gas Drilling | 17.84% |
|
Precision Drilling Corporation
TO:PD |
Oil & Gas Drilling | 39.70% |
|
PHX Energy Services Corporation
TO:PHX |
Oil & Gas Drilling | 1.81% |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828 |
Oil & Gas Drilling | 10.37% |
|
Nabors Industries Ltd
F:NBI1 |
Oil & Gas Drilling | 0.00% |
Sinopec Oilfield Service Corp Asset Resilience Ratio by Year (1996–2018)
Sinopec Oilfield Service Corp asset resilience ratio by year from 1996 to 2018. The table below shows the annual Asset Resilience Ratio data for Sinopec Oilfield Service Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 0.06% | CN¥35.41 Million ≈ $5.18 Million |
CN¥60.90 Billion ≈ $8.91 Billion |
+0.01pp |
| 2017-12-31 | 0.05% | CN¥32.73 Million ≈ $4.79 Million |
CN¥61.94 Billion ≈ $9.06 Billion |
-6.59pp |
| 2010-12-31 | 6.64% | CN¥699.71 Million ≈ $102.39 Million |
CN¥10.53 Billion ≈ $1.54 Billion |
+3.39pp |
| 1997-12-31 | 3.26% | CN¥420.00 Million ≈ $61.46 Million |
CN¥12.89 Billion ≈ $1.89 Billion |
+3.04pp |
| 1996-12-31 | 0.22% | CN¥30.17 Million ≈ $4.41 Million |
CN¥13.56 Billion ≈ $1.98 Billion |
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About Sinopec Oilfield Service Corp
Sinopec Oilfield Service Corporation provides integrated petroleum engineering and oilfield technical services in China and internationally. It offers data acquisition, processing, interpretation to technology research and development, equipment manufacturing, and reservoir service delivering integrated geophysical solutions and support for oil and gas fields; and drilling and completion, drillin… Read more