Sinopec Oilfield Service Corp - Asset Resilience Ratio

Latest as of December 2018: 0.06%

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. Check strategic asset allocation of Sinopec Oilfield Service Corp to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥35.41 Million
≈ $5.18 Million USD Cash + Short-term Investments

Total Assets

CN¥60.90 Billion
≈ $8.91 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (1996–2018)

This chart shows how Sinopec Oilfield Service Corp's Asset Resilience Ratio has changed over time. See net asset quality index of Sinopec Oilfield Service Corp to measure how much of total assets are equity-financed.

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 market capitalisation and broader financial context, see Sinopec Oilfield Service Corp (600871) total market 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%
Western Energy Services Corp.
TO:WRG
Oil & Gas Drilling 0.70%
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 Corporation
F:YIZH
Oil & Gas Drilling 0.06%

Annual Asset Resilience Ratio for Sinopec Oilfield Service Corp (1996–2018)

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
--
pp = percentage points

About Sinopec Oilfield Service Corp

SHG:600871 China Oil & Gas Drilling
Market Cap
$4.46 Billion
CN¥30.48 Billion CNY
Market Cap Rank
#3900 Global
#592 in China
Share Price
CN¥2.25
Change (1 day)
+0.45%
52-Week Range
CN¥1.93 - CN¥4.27
All Time High
CN¥11.06
About

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