China Oilfield Services Ltd Class A

SHG:601808 China Oil & Gas Equipment & Services
Market Cap
$7.14 Billion
CN¥52.37 Billion CNY
Market Cap Rank
#2558 Global
#170 in China
Share Price
CN¥17.69
Change (1 day)
-1.89%
52-Week Range
CN¥12.64 - CN¥20.68
All Time High
CN¥20.68
Categories
Companies in China Oil & Gas Equipment & Services
About

China Oilfield Services Limited, together with its subsidiaries, provides integrated oilfield services in China, Indonesia, Mexico, Norway, the Middle East, and internationally. The company operates through four divisions: Geophysical Services, Drilling Services, Well Services, and Marine and Transportation Services. It offers drilling services, including drilling lift boats and accommodation and… Read more

China Oilfield Services Ltd Class A (601808) - Net Assets

Latest net assets as of September 2025: CN¥46.77 Billion CNY

Based on the latest financial reports, China Oilfield Services Ltd Class A (601808) has net assets worth CN¥46.77 Billion CNY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CN¥83.90 Billion) and total liabilities (CN¥37.13 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 CN¥46.77 Billion
% of Total Assets 55.74%
Annual Growth Rate 9.42%
5-Year Change 14.83%
10-Year Change -5.13%
Growth Volatility 21.59

China Oilfield Services Ltd Class A - Net Assets Trend (2002–2024)

This chart illustrates how China Oilfield Services Ltd Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for China Oilfield Services Ltd Class A (2002–2024)

The table below shows the annual net assets of China Oilfield Services Ltd Class A from 2002 to 2024.

Year Net Assets Change
2024-12-31 CN¥44.42 Billion +5.13%
2023-12-31 CN¥42.26 Billion +5.91%
2022-12-31 CN¥39.90 Billion +4.40%
2021-12-31 CN¥38.22 Billion -1.22%
2020-12-31 CN¥38.69 Billion +4.82%
2019-12-31 CN¥36.91 Billion +6.44%
2018-12-31 CN¥34.68 Billion 0.00%
2017-12-31 CN¥34.68 Billion -1.75%
2016-12-31 CN¥35.30 Billion -24.63%
2015-12-31 CN¥46.83 Billion -1.04%
2014-12-31 CN¥47.32 Billion +27.01%
2013-12-31 CN¥37.26 Billion +15.70%
2012-12-31 CN¥32.20 Billion +13.16%
2011-12-31 CN¥28.46 Billion +11.21%
2010-12-31 CN¥25.59 Billion +14.72%
2009-12-31 CN¥22.31 Billion +12.67%
2008-12-31 CN¥19.80 Billion +14.94%
2007-12-31 CN¥17.23 Billion +99.86%
2006-12-31 CN¥8.62 Billion +12.59%
2005-12-31 CN¥7.65 Billion +8.35%
2004-12-31 CN¥7.06 Billion +7.94%
2003-12-31 CN¥6.55 Billion +6.80%
2002-12-31 CN¥6.13 Billion --

Equity Component Analysis

This analysis shows how different components contribute to China Oilfield Services Ltd Class A'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 grown by 19565.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings CN¥24.72 Billion 56.45%
Common Stock CN¥4.77 Billion 10.89%
Other Comprehensive Income CN¥2.93 Billion 6.69%
Other Components CN¥11.37 Billion 25.97%
Total Equity CN¥43.80 Billion 100.00%

China Oilfield Services Ltd Class A Competitors by Market Cap

The table below lists competitors of China Oilfield Services Ltd Class A ranked by their market capitalization.

Company Market Cap
DigitalOcean Holdings Inc
NYSE:DOCN
 		$5.66 Billion
Open Text Corp
NASDAQ:OTEX
 		$5.66 Billion
Leo Group Co Ltd
SHE:002131
 		$5.66 Billion
Sartorius Stedim Biotech S.A
PINK:SDMHF
 		$5.66 Billion
Churchill Downs Incorporated
NASDAQ:CHDN
 		$5.64 Billion
AB Sagax (publ)
PINK:SAGXF
 		$5.64 Billion
Guangdong Haid Group Co Ltd
SHE:002311
 		$5.63 Billion
Beijing Kunlun Tech Co Ltd
SHE:300418
 		$5.63 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in China Oilfield Services Ltd Class A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 41,643,019,789 to 43,797,161,954, a change of 2,154,142,165 (5.2%).
  • Net income of 3,136,992,000 contributed positively to equity growth.
  • Dividend payments of 1,915,517,000 reduced retained earnings.
  • Other comprehensive income increased equity by 2,931,774,247.
  • Other factors decreased equity by 1,999,107,082.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income CN¥3.14 Billion +7.16%
Dividends Paid CN¥1.92 Billion -4.37%
Other Comprehensive Income CN¥2.93 Billion +6.69%
Other Changes CN¥-2.00 Billion -4.56%
Total Change CN¥- 5.17%

Book Value vs Market Value Analysis

This analysis compares China Oilfield Services Ltd Class A'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: 1.93x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 11.25x to 1.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 CN¥1.57 CN¥17.69 x
2003-12-31 CN¥1.68 CN¥17.69 x
2004-12-31 CN¥1.81 CN¥17.69 x
2005-12-31 CN¥1.96 CN¥17.69 x
2006-12-31 CN¥2.14 CN¥17.69 x
2007-12-31 CN¥4.16 CN¥17.69 x
2008-12-31 CN¥4.40 CN¥17.69 x
2009-12-31 CN¥4.98 CN¥17.69 x
2010-12-31 CN¥5.70 CN¥17.69 x
2011-12-31 CN¥6.34 CN¥17.69 x
2012-12-31 CN¥7.13 CN¥17.69 x
2013-12-31 CN¥8.26 CN¥17.69 x
2014-12-31 CN¥9.91 CN¥17.69 x
2015-12-31 CN¥10.01 CN¥17.69 x
2016-12-31 CN¥7.38 CN¥17.69 x
2017-12-31 CN¥7.21 CN¥17.69 x
2018-12-31 CN¥7.22 CN¥17.69 x
2019-12-31 CN¥7.70 CN¥17.69 x
2020-12-31 CN¥8.07 CN¥17.69 x
2021-12-31 CN¥7.97 CN¥17.69 x
2022-12-31 CN¥8.24 CN¥17.69 x
2023-12-31 CN¥8.73 CN¥17.69 x
2024-12-31 CN¥9.18 CN¥17.69 x

Capital Efficiency Dashboard

This dashboard shows how efficiently China Oilfield Services Ltd Class A 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): 7.16%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.49%
  • • Asset Turnover: 0.58x
  • • Equity Multiplier: 1.89x
  • Recent ROE (7.16%) is below the historical average (7.41%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 3.42% 10.49% 0.25x 1.31x CN¥-403.36 Million
2003 7.12% 13.97% 0.40x 1.27x CN¥-188.61 Million
2004 9.93% 18.35% 0.42x 1.30x CN¥-4.74 Million
2005 10.73% 17.14% 0.49x 1.27x CN¥55.52 Million
2006 13.09% 17.29% 0.50x 1.52x CN¥266.15 Million
2007 12.99% 24.78% 0.39x 1.34x CN¥515.08 Million
2008 15.67% 25.55% 0.21x 2.86x CN¥1.12 Billion
2009 14.06% 17.54% 0.29x 2.73x CN¥904.76 Million
2010 16.13% 23.51% 0.28x 2.49x CN¥1.57 Billion
2011 14.19% 21.92% 0.28x 2.28x CN¥1.19 Billion
2012 14.16% 20.15% 0.30x 2.32x CN¥1.34 Billion
2013 18.03% 24.02% 0.35x 2.13x CN¥2.99 Billion
2014 15.85% 22.22% 0.39x 1.84x CN¥2.76 Billion
2015 2.30% 4.54% 0.25x 2.00x CN¥-3.60 Billion
2016 -32.54% -75.61% 0.19x 2.29x CN¥-14.98 Billion
2017 0.12% 0.24% 0.24x 2.14x CN¥-3.41 Billion
2018 0.21% 0.32% 0.29x 2.16x CN¥-3.38 Billion
2019 6.81% 8.04% 0.41x 2.07x CN¥-1.17 Billion
2020 7.02% 9.78% 0.36x 1.97x CN¥-1.15 Billion
2021 0.82% 1.07% 0.40x 1.93x CN¥-3.49 Billion
2022 6.00% 6.61% 0.46x 1.96x CN¥-1.57 Billion
2023 7.24% 6.83% 0.53x 2.00x CN¥-1.15 Billion
2024 7.16% 6.49% 0.58x 1.89x CN¥-1.24 Billion

Industry Comparison

This section compares China Oilfield Services Ltd Class A's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.

Industry Context

  • Industry: Oil & Gas Equipment & Services
  • Average net assets among peers: $1,515,652,938
  • Average return on equity (ROE) among peers: 0.68%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
China Oilfield Services Ltd Class A (601808) CN¥46.77 Billion 3.42% 0.79x $5.65 Billion
Xinjiang Zhundong Petroleum (002207) $156.67 Million 4.89% 1.19x $264.19 Million
Yantai Jereh Oilfield Services Group Co Ltd (002353) $3.16 Billion 20.35% 0.48x $7.84 Billion
China Oil HBP Science & Technology Co Ltd (002554) $1.74 Billion -28.35% 1.23x $407.33 Million
Zhejiang Renzhi Co Ltd (002629) $685.23 Million 3.58% 0.12x $284.38 Million
Lanzhou Haimo Technologies Co (300084) $1.07 Billion 3.74% 0.52x $495.78 Million
LandOcean Energy Services Co (300157) $4.01 Billion 2.12% 0.43x $561.90 Million
Tong Oil Tools (300164) $1.60 Billion -2.90% 0.26x $511.69 Million
Sino Geophysical (300191) $1.17 Billion -4.09% 0.08x $911.52 Million
Chengdu Huaqi Houpu Holding Co Ltd (300471) $225.12 Million 0.00% 1.02x $600.41 Million
Dezhou United Petroleum Technology Co.Ltd. (301158) $1.33 Billion 7.45% 0.34x $266.07 Million