China Oilfield Services Limited
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 Limited (CO9) - Total Assets
Latest total assets as of June 2025: €83.97 Billion EUR
Based on the latest financial reports, China Oilfield Services Limited (CO9) holds total assets worth €83.97 Billion EUR as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
China Oilfield Services Limited - Total Assets Trend (2013–2024)
This chart illustrates how China Oilfield Services Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
China Oilfield Services Limited - Asset Composition Analysis
Current Asset Composition (December 2024)
China Oilfield Services Limited's total assets of €83.97 Billion consist of 34.6% current assets and 65.4% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 7.2% |
| Accounts Receivable | €14.06 Billion | 17.0% |
| Inventory | €2.30 Billion | 2.8% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €593.95 Million | 0.7% |
| Goodwill | €0.00 | 0.0% |
Asset Composition Trend (2013–2024)
This chart illustrates how China Oilfield Services Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: China Oilfield Services Limited's current assets represent 34.6% of total assets in 2024, an increase from 27.2% in 2013.
- Cash Position: Cash and equivalents constituted 7.2% of total assets in 2024, down from 12.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 5.0% in 2013.
- Asset Diversification: The largest asset category is accounts receivable at 17.0% of total assets.
China Oilfield Services Limited Competitors by Total Assets
Key competitors of China Oilfield Services Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
China Oilfield Services Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - China Oilfield Services Limited generates 0.58x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, China Oilfield Services Limited generates $ 3.78 in net profit.
China Oilfield Services Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.95 | 1.16 | 1.75 |
| Quick Ratio | 0.87 | 1.07 | 1.58 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-1.52 Billion | € 4.28 Billion | € 11.20 Billion |
China Oilfield Services Limited - Advanced Valuation Insights
This section examines the relationship between China Oilfield Services Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.88 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -0.4% |
| Total Assets | €82.95 Billion |
| Market Capitalization | $2.32 Billion USD |
Valuation Analysis
Below Book Valuation: The market values China Oilfield Services Limited's assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: China Oilfield Services Limited's assets decreased by 0.4% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for China Oilfield Services Limited (2013–2024)
The table below shows the annual total assets of China Oilfield Services Limited from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €82.95 Billion | -0.36% |
| 2023-12-31 | €83.25 Billion | +7.85% |
| 2022-12-31 | €77.18 Billion | +5.28% |
| 2021-12-31 | €73.31 Billion | -3.46% |
| 2020-12-31 | €75.94 Billion | -0.21% |
| 2019-12-31 | €76.10 Billion | +1.89% |
| 2018-12-31 | €74.69 Billion | +1.12% |
| 2017-12-31 | €73.86 Billion | -8.30% |
| 2016-12-31 | €80.54 Billion | -13.88% |
| 2015-12-31 | €93.53 Billion | +7.66% |
| 2014-12-31 | €86.87 Billion | +9.60% |
| 2013-12-31 | €79.26 Billion | -- |