Sinopec Oilfield Service Corp (600871) - Total Assets
Based on the latest financial reports, Sinopec Oilfield Service Corp (600871) holds total assets worth CN¥76.59 Billion CNY (≈ $11.21 Billion USD) as of March 2026. 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. Check 600871 total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Sinopec Oilfield Service Corp - Total Assets Trend (1995–2025)
This chart illustrates how Sinopec Oilfield Service Corp's total assets have evolved over time, based on quarterly financial data. Explore 600871 long-term investment intensity to see how much of total assets are deployed in long-term investments.
Sinopec Oilfield Service Corp - Asset Composition Analysis
Current Asset Composition (December 2025)
Sinopec Oilfield Service Corp's total assets of CN¥76.59 Billion consist of 57.4% current assets and 42.6% non-current assets.
| Asset Category | Amount (CNY) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 6.5% |
| Accounts Receivable | CN¥34.69 Billion | 44.9% |
| Inventory | CN¥1.13 Billion | 1.5% |
| Property, Plant & Equipment | CN¥0.00 | 0.0% |
| Intangible Assets | CN¥365.79 Million | 0.5% |
| Goodwill | CN¥0.00 | 0.0% |
Asset Composition Trend (1995–2025)
This chart illustrates how Sinopec Oilfield Service Corp'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. For live market cap, price, and company overview, see market value of Sinopec Oilfield Service Corp.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Sinopec Oilfield Service Corp's current assets represent 57.4% of total assets in 2025, an increase from 38.6% in 1995.
- Cash Position: Cash and equivalents constituted 6.5% of total assets in 2025, down from 24.4% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 3.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 44.9% of total assets.
Sinopec Oilfield Service Corp Competitors by Total Assets
Key competitors of Sinopec Oilfield Service Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Noble Corporation plc
NYSE:NE
|
USA | $7.48 Billion |
|
Odfjell Drilling Ltd
OL:ODL
|
Norway | Nkr2.67 Billion |
|
Western Energy Services Corp.
TO:WRG
|
Canada | CA$374.09 Million |
|
WESTERN ENERGY SRV. NEW
F:W1T
|
Germany | €374.09 Million |
|
Precision Drilling Corporation
TO:PD
|
Canada | CA$2.75 Billion |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.68 Billion |
|
PHX Energy Services Corporation
TO:PHX
|
Canada | CA$472.82 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
Sinopec Oilfield Service Corp - 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 | 0.69 | 0.66 | 0.63 |
| Quick Ratio | 0.66 | 0.63 | 0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CN¥-20.08 Billion | CN¥-23.22 Billion | CN¥-20.05 Billion |
Sinopec Oilfield Service Corp - Advanced Valuation Insights
This section examines the relationship between Sinopec Oilfield Service Corp'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 | 4.56 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -0.1% |
| Total Assets | CN¥77.25 Billion |
| Market Capitalization | $4.34 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Sinopec Oilfield Service Corp's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Sinopec Oilfield Service Corp's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Sinopec Oilfield Service Corp (1995–2025)
The table below shows the annual total assets of Sinopec Oilfield Service Corp from 1995 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | CN¥77.25 Billion ≈ $11.30 Billion |
-0.11% |
| 2024-12-31 | CN¥77.34 Billion ≈ $11.32 Billion |
+2.90% |
| 2023-12-31 | CN¥75.16 Billion ≈ $11.00 Billion |
+5.57% |
| 2022-12-31 | CN¥71.20 Billion ≈ $10.42 Billion |
+11.16% |
| 2021-12-31 | CN¥64.05 Billion ≈ $9.37 Billion |
+4.85% |
| 2020-12-31 | CN¥61.09 Billion ≈ $8.94 Billion |
-1.58% |
| 2019-12-31 | CN¥62.07 Billion ≈ $9.08 Billion |
+1.91% |
| 2018-12-31 | CN¥60.90 Billion ≈ $8.91 Billion |
-1.68% |
| 2017-12-31 | CN¥61.94 Billion ≈ $9.06 Billion |
-16.85% |
| 2016-12-31 | CN¥74.49 Billion ≈ $10.90 Billion |
-12.68% |
| 2015-12-31 | CN¥85.31 Billion ≈ $12.48 Billion |
+4.94% |
| 2014-12-31 | CN¥81.30 Billion ≈ $11.90 Billion |
+664.83% |
| 2013-12-31 | CN¥10.63 Billion ≈ $1.56 Billion |
-4.57% |
| 2012-12-31 | CN¥11.14 Billion ≈ $1.63 Billion |
-2.72% |
| 2011-12-31 | CN¥11.45 Billion ≈ $1.68 Billion |
+8.72% |
| 2010-12-31 | CN¥10.53 Billion ≈ $1.54 Billion |
+15.15% |
| 2009-12-31 | CN¥9.15 Billion ≈ $1.34 Billion |
+8.66% |
| 2008-12-31 | CN¥8.42 Billion ≈ $1.23 Billion |
-14.78% |
| 2007-12-31 | CN¥9.88 Billion ≈ $1.45 Billion |
-2.36% |
| 2006-12-31 | CN¥10.12 Billion ≈ $1.48 Billion |
+1.31% |
| 2005-12-31 | CN¥9.98 Billion ≈ $1.46 Billion |
-12.28% |
| 2004-12-31 | CN¥11.38 Billion ≈ $1.67 Billion |
-5.77% |
| 2003-12-31 | CN¥12.08 Billion ≈ $1.77 Billion |
-0.82% |
| 2002-12-31 | CN¥12.18 Billion ≈ $1.78 Billion |
+8.73% |
| 2001-12-31 | CN¥11.20 Billion ≈ $1.64 Billion |
-1.40% |
| 2000-12-31 | CN¥11.36 Billion ≈ $1.66 Billion |
-1.23% |
| 1999-12-31 | CN¥11.50 Billion ≈ $1.68 Billion |
-3.98% |
| 1998-12-31 | CN¥11.98 Billion ≈ $1.75 Billion |
-7.05% |
| 1997-12-31 | CN¥12.89 Billion ≈ $1.89 Billion |
-4.93% |
| 1996-12-31 | CN¥13.56 Billion ≈ $1.98 Billion |
-5.37% |
| 1995-12-31 | CN¥14.33 Billion ≈ $2.10 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