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 (YZCFF) - Net Assets
Latest net assets as of June 2025: $9.30 Billion USD
Based on the latest financial reports, Sinopec Oilfield Service Corporation (YZCFF) has net assets worth $9.30 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($78.15 Billion) and total liabilities ($68.85 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $9.30 Billion |
| % of Total Assets | 11.9% |
| Annual Growth Rate | 0.12% |
| 5-Year Change | 28.65% |
| 10-Year Change | -64.9% |
| Growth Volatility | 42.01 |
Sinopec Oilfield Service Corporation - Net Assets Trend (1995–2024)
This chart illustrates how Sinopec Oilfield Service Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sinopec Oilfield Service Corporation (1995–2024)
The table below shows the annual net assets of Sinopec Oilfield Service Corporation from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.65 Billion | +7.80% |
| 2023-12-31 | $8.02 Billion | +8.02% |
| 2022-12-31 | $7.43 Billion | +8.25% |
| 2021-12-31 | $6.86 Billion | +2.06% |
| 2020-12-31 | $6.72 Billion | -0.61% |
| 2019-12-31 | $6.76 Billion | +17.05% |
| 2018-12-31 | $5.78 Billion | +374.64% |
| 2017-12-31 | $-2.10 Billion | -124.92% |
| 2016-12-31 | $8.44 Billion | -65.74% |
| 2015-12-31 | $24.64 Billion | +31.78% |
| 2014-12-31 | $18.70 Billion | +163.46% |
| 2013-12-31 | $7.10 Billion | -16.99% |
| 2012-12-31 | $8.55 Billion | -5.33% |
| 2011-12-31 | $9.03 Billion | +8.64% |
| 2010-12-31 | $8.31 Billion | +17.98% |
| 2009-12-31 | $7.05 Billion | +5.73% |
| 2008-12-31 | $6.66 Billion | -19.80% |
| 2007-12-31 | $8.31 Billion | -0.16% |
| 2006-12-31 | $8.32 Billion | +0.56% |
| 2005-12-31 | $8.28 Billion | -11.21% |
| 2004-12-31 | $9.32 Billion | +1.54% |
| 2003-12-31 | $9.18 Billion | +2.69% |
| 2002-12-31 | $8.94 Billion | +0.94% |
| 2001-12-31 | $8.86 Billion | -0.24% |
| 2000-12-31 | $8.88 Billion | +5.73% |
| 1999-12-31 | $8.40 Billion | +3.98% |
| 1998-12-31 | $8.08 Billion | -2.67% |
| 1997-12-31 | $8.30 Billion | +0.02% |
| 1996-12-31 | $8.30 Billion | -0.83% |
| 1995-12-31 | $8.36 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sinopec Oilfield Service Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 8117.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $18.98 Billion | 219.45% |
| Other Components | $12.25 Billion | 141.68% |
| Total Equity | $8.65 Billion | 100.00% |
Sinopec Oilfield Service Corporation Competitors by Market Cap
The table below lists competitors of Sinopec Oilfield Service Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beijing Jingpin Tezhuang Technology Co. Ltd. A
SHG:688084
|
$342.87 Million |
|
PT Arkora Hydro Tbk
JK:ARKO
|
$342.90 Million |
|
Jadard Technology Inc. A
SHG:688252
|
$342.97 Million |
|
Hainan Haiqi Transportation Group Co Ltd
SHG:603069
|
$343.04 Million |
|
ASNFF
PINK:ASNFF
|
$342.77 Million |
|
Ningbo Thermal Power Co Ltd
SHG:600982
|
$342.76 Million |
|
Sunmax Biotechnology Co Ltd
TWO:4728
|
$342.73 Million |
|
FORTERRA PLC LS -01
F:F0T
|
$342.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sinopec Oilfield Service Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,023,202,000 to 8,648,802,000, a change of 625,600,000 (7.8%).
- Net income of 631,606,000 contributed positively to equity growth.
- Dividend payments of 673,050,000 reduced retained earnings.
- Share repurchases of 3,567,000 reduced equity.
- Other comprehensive income decreased equity by 604,819,000.
- Other factors increased equity by 1,275,430,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $631.61 Million | +7.3% |
| Dividends Paid | $673.05 Million | -7.78% |
| Share Repurchases | $3.57 Million | -0.04% |
| Other Comprehensive Income | $-604.82 Million | -6.99% |
| Other Changes | $1.28 Billion | +14.75% |
| Total Change | $- | 7.80% |
Book Value vs Market Value Analysis
This analysis compares Sinopec Oilfield Service Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.14x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $0.28 | $0.07 | x |
| 1996-12-31 | $0.28 | $0.07 | x |
| 1997-12-31 | $0.28 | $0.07 | x |
| 1998-12-31 | $0.27 | $0.07 | x |
| 1999-12-31 | $0.28 | $0.07 | x |
| 2000-12-31 | $0.29 | $0.07 | x |
| 2001-12-31 | $0.29 | $0.07 | x |
| 2002-12-31 | $0.30 | $0.07 | x |
| 2003-12-31 | $0.30 | $0.07 | x |
| 2004-12-31 | $0.31 | $0.07 | x |
| 2005-12-31 | $0.27 | $0.07 | x |
| 2006-12-31 | $0.28 | $0.07 | x |
| 2007-12-31 | $0.25 | $0.07 | x |
| 2008-12-31 | $0.22 | $0.07 | x |
| 2009-12-31 | $0.24 | $0.07 | x |
| 2010-12-31 | $0.28 | $0.07 | x |
| 2011-12-31 | $0.30 | $0.07 | x |
| 2012-12-31 | $0.37 | $0.07 | x |
| 2013-12-31 | $0.46 | $0.07 | x |
| 2014-12-31 | $1.22 | $0.07 | x |
| 2015-12-31 | $1.76 | $0.07 | x |
| 2016-12-31 | $0.60 | $0.07 | x |
| 2017-12-31 | $-0.15 | $0.07 | x |
| 2018-12-31 | $0.31 | $0.07 | x |
| 2019-12-31 | $0.36 | $0.07 | x |
| 2020-12-31 | $0.35 | $0.07 | x |
| 2021-12-31 | $0.36 | $0.07 | x |
| 2022-12-31 | $0.39 | $0.07 | x |
| 2023-12-31 | $0.42 | $0.07 | x |
| 2024-12-31 | $0.45 | $0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sinopec Oilfield Service Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.78%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 8.94x
- Recent ROE (7.30%) is above the historical average (-4.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 12.59% | 11.32% | 0.65x | 1.71x | $216.49 Million |
| 1996 | 1.84% | 2.17% | 0.52x | 1.64x | $-673.56 Million |
| 1997 | 0.06% | 0.07% | 0.49x | 1.56x | $-821.16 Million |
| 1998 | -2.88% | -4.10% | 0.47x | 1.49x | $-1.03 Billion |
| 1999 | 9.05% | 10.67% | 0.62x | 1.38x | $-79.40 Million |
| 2000 | 9.53% | 9.32% | 0.79x | 1.29x | $-41.88 Million |
| 2001 | 1.94% | 2.19% | 0.70x | 1.27x | $-709.40 Million |
| 2002 | 1.57% | 1.75% | 0.66x | 1.37x | $-748.34 Million |
| 2003 | 2.63% | 2.32% | 0.86x | 1.32x | $-672.38 Million |
| 2004 | 2.49% | 1.73% | 1.17x | 1.23x | $-695.58 Million |
| 2005 | -11.60% | -6.04% | 1.58x | 1.21x | $-1.78 Billion |
| 2006 | 0.45% | 0.22% | 1.68x | 1.22x | $-790.01 Million |
| 2007 | 0.21% | 0.10% | 1.74x | 1.19x | $-813.05 Million |
| 2008 | -24.69% | -10.81% | 1.81x | 1.26x | $-2.31 Billion |
| 2009 | 5.42% | 2.89% | 1.45x | 1.30x | $-322.52 Million |
| 2010 | 14.76% | 7.50% | 1.55x | 1.27x | $395.31 Million |
| 2011 | 9.29% | 4.16% | 1.76x | 1.27x | $-64.02 Million |
| 2012 | -4.23% | -2.13% | 1.53x | 1.30x | $-1.22 Billion |
| 2013 | -20.49% | -8.23% | 1.66x | 1.50x | $-2.16 Billion |
| 2014 | 6.58% | 1.30% | 1.16x | 4.35x | $-639.96 Million |
| 2015 | 0.10% | 0.04% | 0.71x | 3.46x | $-2.44 Billion |
| 2016 | -190.87% | -37.54% | 0.58x | 8.82x | $-16.96 Billion |
| 2017 | 0.00% | -21.83% | 0.78x | 0.00x | $-10.37 Billion |
| 2018 | 2.46% | 0.24% | 0.96x | 10.54x | $-435.79 Million |
| 2019 | 13.52% | 1.31% | 1.13x | 9.18x | $237.86 Million |
| 2020 | 1.17% | 0.12% | 1.11x | 9.09x | $-593.31 Million |
| 2021 | 2.62% | 0.26% | 1.09x | 9.34x | $-506.36 Million |
| 2022 | 6.41% | 0.65% | 1.04x | 9.59x | $-266.83 Million |
| 2023 | 7.34% | 0.74% | 1.06x | 9.37x | $-213.10 Million |
| 2024 | 7.30% | 0.78% | 1.05x | 8.94x | $-233.27 Million |
Industry Comparison
This section compares Sinopec Oilfield Service Corporation's net assets metrics with peer companies in the Oil & Gas Drilling industry.
Industry Context
- Industry: Oil & Gas Drilling
- Average net assets among peers: $207,979,735
- Average return on equity (ROE) among peers: -10.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sinopec Oilfield Service Corporation (YZCFF) | $9.30 Billion | 12.59% | 7.40x | $342.85 Million |
| Agri-Dynamics Inc (AGDY) | $-371.31K | 0.00% | 0.00x | $40.00 |
| AKITA Drilling Ltd (AKTAF) | $103.59 Million | 18.17% | 0.46x | $37.79 Million |
| Archer Limited (ARHVF) | $108.25 Million | 3.70% | 4.32x | $127.09 Million |
| Awilco Drilling PLC (AWLCF) | $227.07 Million | 1.02% | 0.60x | $16.95 Million |
| Borr Drilling Ltd (BORR) | $1.49 Billion | -5.89% | 0.12x | $1.16 Billion |
| Beard Co (BRCOQ) | $8.39 Million | -45.99% | 3.45x | $0.96 |
| Cathedral Energy Services Ltd (CETEF) | $101.39 Million | 0.09% | 0.20x | $68.91 Million |
| EP3Oil, Inc. (EEEP) | $9.95 Million | -8.87% | 0.52x | $99.27 |
| Enseco Energy Services Corp (ENSRF) | $24.09 Million | 0.00% | 1.95x | $0.97 |
| EnerNorth Industries Inc (ENYNF) | $4.54 Million | -66.24% | 2.35x | $0.92 |